Post
Topic
Board Speculation (Altcoins)
Re: Is DogeCoin even worth buying?
by
alyssa85
on 01/11/2017, 16:13:39 UTC
I see a large amount of sell orders for DogeCoin, and from the looks of the Bear charts, DogeCoin looks like a dying currency. If I was looking for a "long-term" currency, DogeCoin is the one I would avoid...?  Huh

Interested to hear the community's thoughts on this?

doge is a great way to move value between exchanges that charge fees not needed for the miners.  No exchange needs to charge 0.0015 like say yobit to w/d BTC, so if i need to move money out of there , screw yobit im buying doge and w/d doge for a few coins Cheesy
Doge is merge mined so it will go down sometimes naturally, but it always has a nice pump once or twice a year if you check the historical charts

True - and it's also popular with gambling sites, because people don't mind risking their doge.

You know who else it's popular with - the pump teams. It goes through an accumulation phase when it is below 20 sats, and then pumps. Sometimes the pump is huge. other times it only from 20 sats to about 28 sats, for a 40% gain.