Quote from: jlong187 on August 17, 2018, 05:58:51 PM

The only things that I have heard about that kind positive is that it is having small transaction fees so many guys are using it in purples of withdrawing money from the cryptocurrency medium.

Agree. Dogecoin's inexpensive transaction fees makes it practical for quick trades to another cryptocurrency without the high costs involved with Bitcoin. Over time, Dogecoin will become cheaper simply because its supply is quite high. Compared with other altcoins, this one is of the most inflated cryptocurrencies in existence to date. It's quite easy to send money worldwide at cheap costs and fast speeds with Dogecoin.

However, the lack of development and innovation, will have a very bad effect over its stability in the long term. Only a community takeover would save DOGE, or another developer team that's willing to make the cryptocurrency shine like it used to back in 2014. In the meantime, I guess that it will continue to decline in value, but it will not disappear in the market due to its high trading volume.

Nevertheless, I still have a few Dogecoins lying around, and I'm hodling them just in case something exciting happens in the future. Roll Eyes