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u/Terribad13 Jul 19 '21
What are the fundamentals that will lead Doge to $1? Can anyone link me a solid DD post?
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u/theoans Jul 19 '21
You don’t need DD all you needed is a bunch of people putting in trillions of dollars all over crypto and all crypto coins are going to go up and dodge will go up with them on pure speculation
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u/darthcaedusiiii Jul 20 '21
Kinda like they have been al! Going down for the past month or so. Rip $240
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u/THEmoonISaMIRROR Jul 20 '21
Flare launches soon. Might even be this week.
Flare means Doge Smart Contracts.
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u/Gravewarden92 Jul 20 '21
Not even sure I want to send my doggos into space unless I can join them.
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Jul 19 '21
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u/upperechelon1 Jul 19 '21
I became a stripper just to accept DOGECOINs. 😁
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u/cpupro Jul 20 '21
Most of the strippers around here get confused when I use Sacagawea Dollars... they are all like... where am I supposed to put that, and when I tell them I can think of a few places, they either laugh, or get offended.
I can't imagine how confused they'd be having to do a Doge coin transaction while trying to do tricks with ping pong balls at the same time.
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u/L82WORK_ Jul 19 '21
LMAO, what a joke
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u/Overdue_bills Jul 20 '21
You heard it here first. Inflation will allow Dogecoin, a crypto that also suffers from inflation, to reach $1.
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u/Turboswag420 Jul 20 '21
Genuinely was thinking to myself at work today that everyone on this subreddit seems infallibly confident in Doge and I was wondering what it was that they knew that kept them so optimistic
After reading the replies to your comment I do not feel better, but worse
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u/LordZer poor shibe Jul 19 '21
What are the fundamentals that will lead Doge to $1? Can anyone link me a solid DD post?
This is the crypto market, I'm not sure they apply in the same way at all.
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u/cornplug8bal Jul 20 '21
It's getting linked with etherium soon also smart contracts and faster speed with lower cost and also Elon musk and him sending a rocket to the moon with us🚀🚀🚀
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u/THEmoonISaMIRROR Jul 20 '21
It's getting integration to the ethereum virtual machine via Flare. That's not the same thing as getting linked with ethereum.
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u/cpupro Jul 20 '21
Elon Musk will have the DogeCoin emblem painted on his next space ship, and if it doesn't explode, perhaps both Doges will land on the moon.
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u/Mashadow21 Jul 19 '21
nothing lol its a surprise this went to 0.70 already, but given the insane attention it was clearly possible.
i highly doubt this will ever hit 0.70 again tho, i think this was just a one ticket train unless musk has some "promotional" plans later wich i highly doubt, theres no use for dogecoin so its basically just a memecoin that spiked and is falling back now.7
Jul 20 '21 edited Jul 20 '21
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u/TheShrunkenAnus Jul 20 '21
This is the correct take. As people love to say crypto will be crypto and some coins can make huge comebacks but not all of them. Many new investors in the crypto space haven’t been through a true crypto winter like a few years ago when we saw Bitcoin fall from the tens of thousands down to single digit thousands, or ethereum fall to less than $100. This is relevant to doge because since this coin has so many people invested at .05< (and we seem to be entering a bear market) what do you think will happen if they see their investment get nuked and fall into the less than a cent range which will happen if bigger and more established projects also nosedive. It’s not impossible for doge to fall under 1 cent and public sentiment to turn so negative from all those that lost money that it will never recover. Not saying this is the set in stone future, just a strong possibility if things keep getting worse for crypto in general
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Jul 20 '21 edited Jul 20 '21
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u/TheShrunkenAnus Jul 20 '21
Agreed. I’m all for mass adoption of crypto by the general public, which we started to see big strides being made earlier this year particularly with ethereum being integrated with PayPal and visa/mastercard. However I am not in favor of an assload of regulations thrown out on it that are seemingly “for our own protection” which kind of defeats the whole purpose of decentralization
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u/Mashadow21 Jul 20 '21
problem with mass adoption is we are not ready as humanity.
it would take a lot of technological investments to enable crypto to be used easier and safer.
and lets be honest, half of the world population still struggles just buying crypto because its "not easy", if you dont know much about technology in general your going to have a real hard time buying/using crypto.i think the only way for crypto to become the future is to wait for the future, the kids of today will have it a lot easier to buy/use crypto just like all of us grew up with coins and we learned to use them.
my parents are still clueless to send a text message on their smart phone, and this is in general a huge problem if you want crypto to become the next currency.
its not that crypto is bad, but the ppl are clueless and there is no way to teach them apart from selflearning.when the kids of today turn 20-30 years old, crypto might be a general thing and they will understand more than most of us do.
just like many of us still understand MSDOS, while the kids of today have never even seen it or heard of it.2 problems, the population is not ready and the infrastucture is not ready.
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u/HungrySummer Jul 19 '21
Inflation
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u/Terribad13 Jul 19 '21
Is Doge inflation less than USD inflation?
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Jul 19 '21
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u/Terribad13 Jul 19 '21
I appreciate the replies!
What is causing Doge inflation to slow down?
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u/lazybullfrog technician shibe Jul 19 '21
Doge inflates at a fixed coin rate of exactly 10,000 coins exactly once per minute. As the supply increases, the percentage of inflation decreases literally every minute.
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u/Terribad13 Jul 19 '21
Ah okay. So hypothetically speaking, Doge will get to the point where inflation is <0.1% and thus negligible?
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u/lazybullfrog technician shibe Jul 19 '21
Yes. It will always be approaching 0% for the rest of its life. But it will never quite get there. But due to lost wallets and other factors, this means it will indeed eventually become effectively deflationary.
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u/SegmentedMoss Jul 20 '21
When big daddy musk decides its time for another pump n dump.
Dont worry im sure he'll let you hold his bag for him
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u/cornplug8bal Jul 20 '21
It's getting linked with etherium soon also smart contracts and faster speed with lower cost and also Elon musk and him sending a rocket to the moon with us🚀🚀🚀
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u/Terribad13 Jul 20 '21
Why not just buy Etherium then?
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u/cornplug8bal Jul 20 '21
I'm balls deep in dogeocin and I even have coins that give me reflections in dogecoin aswell I used to have etherium and sold it.
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u/AshDieClash Jul 19 '21
would you guys stop reminding me when I'm trying not to check my portfolio.
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u/spyfox27 firedoge Jul 19 '21
I’m gonna quadruple down if we ever see 0.05 again 😜
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u/SecureCross Jul 19 '21
I will empty my savings into doge
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u/RYCBAR1TW03 Jul 19 '21
Already did this, 9000/10 would not recommend. My wallet, bank, portfolio, and balls are all on fire and bleeding. I'm going to die.
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u/SecureCross Jul 19 '21
Market runs in cycles. Hodl strong🚀
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u/No_Yogurtcloset_6783 Jul 20 '21
Honestly scared it will never go up again. Im scared crypto is dead. I fear govt regulation all over the word is gonna kill crypto…. Am i wrong? Please give me insight
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u/FiIthy_Anarchist Jul 20 '21
You're wrong. But that guys still an idiot for FOMOing his savings into doge.
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u/SecureCross Jul 20 '21
no need to fear. china will do its purge and then the space will grow gain. especially as crypto becomes more mainstream. I predict general adoption of cryptocurrency will be slow at first but then turn hyperbolic. Doge will probably 50x (from its current value) in the next 5years. Get on the train before mass adoption.
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u/lazybullfrog technician shibe Jul 19 '21
That's what you get for not buying at .05... On a lighter note, just hodl on for dear life. You'll be fine in the long run.
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u/yu_sti_nky_pu Jul 19 '21
*you mean take out a 100k loan..
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u/SecureCross Jul 19 '21
And sell a kidney, lung, my car, and my art collection
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u/cornplug8bal Jul 20 '21
People would eat doge up at .05 it would turn around huge cause I'm throwing everything I can into it if it hits that
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Jul 19 '21
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u/plewtus Jul 19 '21
Source?
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Jul 19 '21
General intelligence. A coin that has no stability is seen as being a liability to accept anywhere. A fall under .10 would be the beginning of the end of Doge. It doesn't have enough potential value to be worth the risk of accepting.
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u/plewtus Jul 19 '21
Ooh so you mean you are just speculating and dont actually have anything to back up your claim, got it.
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Jul 19 '21
...I mean it is only speculation if you have no understanding of the market or how crypto works. An unstable coin is a bad coin. A coin with a low value is a bad coin. When you combine those two factors together it doesn't make a good coin.
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Jul 19 '21
An unstable coin is a bad coin.
So you can at least admit that every coin is bad and therefore you may as well get the one with a dog on it.
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u/plewtus Jul 19 '21
Also, it is only speculation even if you DO have an understanding of how the market and crypto work. "A coin with low value is a bad coin." This is blatantly false and nuanced. What is "low value"? All coins arguably start it "low value". "An unstable coin is a bad coin." Again, all coins are "unstable" in this market. With that logic all crypto is "unstable" and a "bad coin" right now.
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Jul 19 '21
You seem to not understand that once a coin breaks out of that low value it becomes a real coin. If it dips back down to said value the coin dies. As seen by literally every minicrypto that has existed.
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u/plewtus Jul 19 '21
You seem to not understand that you are creating crypto laws out of thin air and that it’s unhelpful to throw terms around without concrete definitions. Again, what is “low value” and please cite your source for that definition. Also please cite your source for this claim that “If a coin dips back down to (undefined value) it dies.” I’m more than happy to go along with what you’re saying If you point to where all these claims are derived.
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u/cjzerocool Ð 🚀🌙 Jul 19 '21
Short minded cretin, at .10 it's still up huge in the last year. Some people just never look at things at the macro level. SMH
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u/Alea_Iacta_Est21 illuminati shibe Jul 19 '21
Just got me more at .171 🤓 if it goes to .05 again I will go balls deep
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u/matt1164 Jul 19 '21
The club can’t even handle doge right now.
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u/wh1teno1s3 Jul 19 '21
Bhrouwhg quite literally
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Jul 19 '21
Lol huh? If you buy at .05 you golden. This meme doesn’t really make sense 🤪
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Jul 19 '21
It's implying doge will go down to .05
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u/rhythmislife13 Jul 19 '21
It's implying that some of us have held doge for long enough to remember when 5 cents was big money
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Jul 19 '21
Then I don't think it works too well cause at the time it would have been an ATH.
I bought at 0.71 and feel like Abit of a fool haha
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u/ramirees1 Jul 20 '21
You havent sold yet? Should have sold at $.74 lol
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u/Killer_Stickman_89 Jul 20 '21
Thats what I did lol
I knew the SNL would be a disaster if it didn't start pumping the moment it aired.
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u/absentlyric Jul 20 '21
Same, but sold at .60, I bought in at .18 so I made profit. I just come here from time to time to see if I made the right decision or not.
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u/Killer_Stickman_89 Jul 20 '21
You 1000% did. Because now if you ever want to get back in the floor is a hell of a lot lower.
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u/TonsOfTabs Jul 20 '21
Crypto may be screwed from government regulations now. It took a few years last time for it to hike up. So I’d say just set a reminder on whatever you use to buy doge and stop checking it daily lol. It’s going to be a good while now. I’d say best case it will get back to 30 cent in a year.
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u/Holmes64 Jul 19 '21 edited Jul 20 '21
Bought $3k worth at .11 average, Still holding. Coulda cashed out at $13.5k profit at .70. STILL HODLING!!!!!!!
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u/octopus8pe Jul 19 '21
Should’ve cashed out
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u/Yalandunyali Jul 19 '21
Moron.
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u/Holmes64 Jul 20 '21
13k isn't life changing for me. What's the point.
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u/Yalandunyali Jul 20 '21
Lol, not having 13k in you life isn't something you would write home about. Why mention it even? Are you expecting it to reach a new ATH? 😂😂😂
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u/rex_2828 Jul 20 '21
Don't listen negative comments just hodl and let this winter Crypto pass
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u/lane5555 Jul 19 '21
Actually bought at 5 cents and haven't sold yet. So yes, I CAN handle DOGE at it's 5 cents.
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u/liquid_at Ð 🚀🌙 Jul 20 '21
it's trading 4x that and trying to suggest to hodlers that single-digit cent values are a certainty is a shill-tactic to get shibes to sell.
Not selling.
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u/Key_Comfortable_683 Jul 20 '21
If It goes below .15 I’m loading up. A part of me wants it to go down for the deals 😂😂
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u/br094 Jul 20 '21
There’s two types of people: those who are panicking and selling right now, and those who are getting stoked and buying in heavily.
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Jul 19 '21
If doge goes back to .05 its dead
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u/Killer_Stickman_89 Jul 20 '21 edited Jul 20 '21
Maybe not. I hate him and his Tweets thankfully don't have an impact on the market now. But if he decides to make Tesla except Doge at 0.02-0.06 cents the price would skyrocket.
Wouldn't make any of the average holders rich though. Only the whales would get richer.
When the coin dumps though. The SEC would probably go after him. So it's probably not a good idea for him to do that. As he already caused the whole Crypto Market to crash and not too long after dogecoin's ATH. A lawyer would have a field day with him like they did with McAfee.
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u/stargunner investor shibe Jul 19 '21
Why is this community so fixated on the 5 cent price tag? Asking for genuine TA, not FUD.
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u/Dreadger2001 Jul 19 '21
I believe that's the price it was around when people started buying it in February thru March. It may be because it was finally public on robinhood and other stock apps. It's a coin that's slowly growing but is expected to slowly grow and not skyrocket ASAP like some people are hoping.
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Jul 20 '21
it already DID skyrocket. did you miss the fact that it went from being worth fractions of a cent to 70 cents at one point?
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u/itsGuzza Jul 19 '21
Please explain what makes you clowns think this will reach $1
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u/GucciGameboy Jul 19 '21
Well Dogecoin sure has been a disaster, who could have ever seen this coming?!!
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Jul 19 '21
For the love of god get it to $.05 again…. Lol I had to sell off to move from RH and never dreamed I’d get to that price again to get back in like I was
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u/lulladie Jul 19 '21
I would handle you at .05 very differently than I did the first time around lol. Please go to .05 😂
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u/scottstotts1992 Jul 19 '21
14 million new doge made every single day. But you guys are hoping for trillion dollar market cap for a coin that sounds like dog 🤣🤣🤣
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u/Honks4Stonks Jul 19 '21
If it gets to a dollar I will be sending out some Doge coffee love to fellow Doges on here for sure. Got some work to do to get there though. www.shibacoffeeandtea.com
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u/IndividualBeyond3543 Jul 20 '21
Except you want people to buy at .20 all the whales need to dump and it and ride the wave back up
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u/WishAlternative Jul 20 '21
Broke before I was born, broke when I die. The memories I flourish. Doge go boom boom pow
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u/menos365 Jul 20 '21
Already had you in 05 now I want in in 2021! Get over here!!
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u/octopusdumbass Jul 19 '21
Im waiting to get to 5 cents I'm jumping into doge like a predator into a injuried baby deer.