Post
Topic
Board Altcoin Discussion
Re: Dogecoin is shit coin , Says Shiba Community.
by
Tytanowy Janusz
on 19/06/2021, 09:12:33 UTC
They're all trash coins to be honest, people are using them to speculate instead of as a currency so they only stay high as long as people feel that might go ever higher. Doge has a huge advantage that it has been around for almost a decade now, which gives buyers some reassurance that it doesn't have any unknown weaknesses that might make it worthless

DOGE is LTC fork. Nothing more as far as i'm concerned. Coin does not need to be on the market for 10 years to be safe in term of unknown weaknesses. But i do agree that doge has been attracting new community steadily over the last 10 years, and gained a relatively strong position despite starsting as a meme. Doge was here without Musk and will be here after musk will stop to tweet about it.

People underestimate doge. Price is too high currently. I agree but its not eveluated that high only because of Musk tweets.

Doge:
1 - was very stable against BTC for years.

6 years ... ~25 sat on average with many pumps as soon as price dumped. If I was banned from having bitcoin (for unknown reason) ... i would swap to DOGE as soon as price would dump to 20-25 sat.
2- DOGE has huge community and no centralized identity since first devs abandoned project (just like bitcoin was abandoned by satoshi)
3- Doge is one of 3 most used coins on crypto casinos and similar sites
4- Doge is one of 5 most often available coins if you want to use crypto as payment
I have few more.
Because of all of above I think I'm one of first people that dare to call DOGE a digital silver (if we consider bitcoin to be a digital gold). Not litecoin, not etherum.

While shiba is just a meme made from meme.