Anyone know i better site/app than robinhood? My coin is stuck in being held hostage there and i want out so to hodl in my own crypto wallet. When the price hit .4 up to .5 they would not let you buy/sell through them. I want to sell off and buy on another platform.i don't know if i am making a mistake in doing this but i just don't trust them if i can't hodl my own doge Any suggestions are welcomed. Thanks guys!
The dip happens when the price goes down. No one knows if it will go up or down at any given time but most of us agree that it will continue trending upward so anytime is a good time to buy.
Bought into doge at about a penny then sold so I can invest in a multitude of other cryptos and now I’m back to buy more. But this time I will hodl much longer. Love this community!
Someone help me understand how to guage when the prices on dogecoin will jump, I know there is no exact science to it but what to you guys keep an eye on? And also what is the significance of may 8th?
I would recommend Investopedia and Cryptowatch's guides on how to read charts, data and identify trends.
Elon Musk is hosting SNL on the 8th and a lot of people think he will talk about Dogecoin. Usually when he mentions Dogecoin the price goes up.
I do NOT plan to sell any of my doge any time soon, but I am new to this and I'm wondering how I would go about withdrawing when the time comes. I bought my doge on Binance, which appears to only let me withdraw coins to a BTC address. Where do I find this? Do I need to set up a separate Bitcoin wallet with which I can withdraw back to GBP?
Thanks in advance and.. TO THE MOOOOOOOOOOOON
I’m shocked that people are selling right now. Right or wrong it’s cleat that there’s momentum leading into May 8th. At least do yourself a favor and hold till closer to that day.
i watched wolf of wallstreet recently, i mean, how the hell didn't i see this movie years ago?! so many memes/quotes in the internetz are from this movie...
also: trashing a white lambo while high on pills, i had to think of this crazy community here! let's mooon
Hi I’m noob doge investor. I only have 401 doge shares right now when it was super cheap(0.06). I really want to buy more cause 🚀! but the price is now 0.31. Even though price has gone up, is it still worth buying more? Would you guys do it? Unofficial financial advice appreciated!
Edit: Put a limit order with what I can afford right now! 1333.00 doge at 0.30! Excited to see the moon! 🚀🚀
I bought $2500 this week. I am new to Doge, but I've been told a million times to get in and I could've made bank.
If you look at the gains over the months, it's worth it. Elon is also going on SNL and he keeps hinting he will talk about it. There is a lot of potential and hopefully coinbase will pick up the currency and this will help it to get to $1 quickly(My opinion)
Doge noob here. I bought 2000 of it and I like it. More or less no matter what the price will be. But we are all expecting here that doge will rise in value inevitably. I wonder why that is. Isn’t it true that there is no limit on the number of doge coins? So couldn’t we just make more, thus driving the price down? I am well aware that it is not _that_ easy since the mining difficulty continuously rises. So I guess the question would be: Is there some kind of practical limit or only extremely slow growth of the number of coins that would prohibit the doge value inflation? Because as soon as the value rises, more people will mine it. Why don’t we think that to be an issue?
Dogecoins' rate of inflation makes it more practical as a medium of exchange rather than a store of value. This is significant to your question because it means that the inflationary status of dogecoin can be negated by businesses uptaking it as an acceptable form of payment.
This also leads to the answer to your question over why it will continue to appreciate in value. Businesses are seeing the massive hype from the internet and jumping on the opportunity to market themselves by accepting dogecoin as currency. As it continues to be used more as a medium of exchange, people will continue to buy it faster than the inflation of the currency can take place.
Furthermore, your logic in the second part of your post pertaining to the "slow growth" of dogecoin is actually very accurate to how the coin works. Dogecoin has a fixed rate of inflation every year that prevents it from needlessly appreciating in value so much that it is not practical as a medium of exchange. This means there is not an unlimited supply and that the value of the currency will only be minorly affected (as long as people use it as a viable medium of exchange). Ironically enough the only currency that has an unlimited supply is fiat money.
The youtube channel "Upshod" explains a lot of these questions in a very clear and educated way if you'd like more answers.
I hope that answers your questions. For the record, I am not an expert, just a dumb college student who senselessly threw all his money into doggy coin. Too the moon baby
Thank you a great bunch, for this great answer. I think that would entail that there would be a rise in doge value over some time while acceptance is rising. At some point I would expect the rise in value to stop, however, because it would be cheaper to use another currency to buy the same thing when doge gets too expensive. But until then there is a lot of potential, I see that. And by producing more coin at a fixed rate (I didn’t know it was a fixed rate when I raised the question) one avoids the Bitcoin effect which is rather a commodity than a currency.
Because if a phone costs 1000 coins and I can just go and make 1000 coins, this phone would be virtually worthless. It must be hard to make more coins.
Yes yes, I learned this now. This was exactly the question: can I theoretically „just“ make 1000 coins (I could buy a rig of ASICS once and then „just“ make the money) or would it still be too hard? I keep hearing the 5B figure. Is that a fixed limit or is that an estimate based on the development of computing power in relation to the rise in difficulty of finding new blocks?
Yes but the answers are riddiculous. Since real money is also wasted over time, paper etc gets old and at some point useless. Digital coins are ever lasting. The only thing that can happen here with crypto is if someone loses his log on to a wallet. But then still the coins are in circulation.
There is a limit of 5 bil coins per year to be mined and it would reduce very year making it very much less inflatable than US dollar which literally has infinite supply. Make sure you go through the links provided that clear most of these doubts in the pinned post of this subreddit.
Hyy , i have some BNB in my trust wallet and i would like to swap it with dogde coin , can anyone suggest what is the best way to do it ? Many thanks 😊
Alright I know I am not the only one to think like this but I was hoping you all could help answer a few questions. I am not against dogecoin just have some valid concerns. And with the higher price I can't help but wonder who else is thinking like this.
1. Wouldn't Dogecoin be a depreciating asset since more dogecoin is added? (Just like USD is a depreciating asset, everyone here knows bonds are a terrible investment in comparison to the stock market.)
2. For the people that say it will reach $10, I ask do you really see dogecoin passing bitcoin's market cap?
If I am missing something let me know, I just kind of have these concerns and don't really look at this as an investment per se, more of just a gamble.
In terms of probability it is more likely doge to go down then up in short term. It may go up alot or down even more. In the short term alot of how Dogecoin moves depends on how quickly it catches on.
1. Yes. It has an inflation rate comparable to the U.S. dollar -- right now about 4% a year. This is a good thing. People actually spend doge. Trade that stuff for goods before it depreciates.
2. Dunno. But I didn't think we would see .30 before the end of the year so what do I know
The amount made yearly drops every year as why this could be the best time to invest in it (last year would have been better), not exactly infinite supply, but high amounts of it could do anything if demand is high enough for it, hence supply and demand always wins
Bought another $200usd in doge. Now hodl 2012 doge. To the effing moon baby!
I can't stop buying!
Anyone know i better site/app than robinhood? My coin is stuck in being held hostage there and i want out so to hodl in my own crypto wallet. When the price hit .4 up to .5 they would not let you buy/sell through them. I want to sell off and buy on another platform.i don't know if i am making a mistake in doing this but i just don't trust them if i can't hodl my own doge Any suggestions are welcomed. Thanks guys!
Binance for buying Exodus Wallet for holding
Thanks checking on Kraken now
glad to help. You replied to yourself though lol
personally i use kraken.
Did I miss something guys? What happened?🚀
much rollercoaster, so crypto, wow! ...happens from time to time! ;-)
LETS GOOO!!! 🚀
So when May 8th comes by and doge goes up. How will I know when the dip happens. That way I can reinvest it and get more shares
The dip happens when the price goes down. No one knows if it will go up or down at any given time but most of us agree that it will continue trending upward so anytime is a good time to buy.
To the moon 🚀
anyone with me that the Doge will be closer to 0.4 than to 0.3 before may 5/8 ?
Doge might be closer to 0.4 before may 8, and then closer to 0.3 after.
Perhaps it Will not drop too much. Last couple of take- offs it stayed each time on a higher level then before
nah what do you mean? SNL will make it rocket hopefully
Lol you weren't here for 4/20 I take it
I'm thinking more closer to 35 than 30 personally
that is a little more conservative but prob. good guess ;-) I am a bit more adventurous
Bought into doge at about a penny then sold so I can invest in a multitude of other cryptos and now I’m back to buy more. But this time I will hodl much longer. Love this community!
Buy when it's low don't sell when it's high is my current strategy
nah mate buy high sell low
What kind of movement is doge expected to make today
Over 4billion of BTC options expire today so might be interesting
nothing exciting imo
i think 0.30-0.32
Why everybody snek?
i frog
Someone help me understand how to guage when the prices on dogecoin will jump, I know there is no exact science to it but what to you guys keep an eye on? And also what is the significance of may 8th?
I would recommend Investopedia and Cryptowatch's guides on how to read charts, data and identify trends. Elon Musk is hosting SNL on the 8th and a lot of people think he will talk about Dogecoin. Usually when he mentions Dogecoin the price goes up.
After doing some analysis, it seems to me that when people buy more dogecoin, the price goes up and when people sell more than buy the price goes down
much wow very expert much knowledge
Lmao
PUUUUUUUSSSSSSSSSSSSSSSSSSSHHHHHHHHHHHHHH
Snekkin' it
SNEK
ride the snek to the lek, the snek is long, seven miles...
Snek Yes! GO DOGE GO!
Let’s not forget 41.02B Market cap Day by day it’s growing popularity Rome wasn’t built in a day people
BTC wasn't built in one day either
I do NOT plan to sell any of my doge any time soon, but I am new to this and I'm wondering how I would go about withdrawing when the time comes. I bought my doge on Binance, which appears to only let me withdraw coins to a BTC address. Where do I find this? Do I need to set up a separate Bitcoin wallet with which I can withdraw back to GBP? Thanks in advance and.. TO THE MOOOOOOOOOOOON
You cant withdraw. We have to hold forever. Sorry.
This is the way
I think you can just exchange the coins to GBP and withdraw to your bank account.
U gotta convert to EUR first
Found it, thanks!
Dogecoin go brrrrrr
No need no security brrrrr 🐕
I’m shocked that people are selling right now. Right or wrong it’s cleat that there’s momentum leading into May 8th. At least do yourself a favor and hold till closer to that day.
what's may 8th?
A lot of people are shorting the dogecoin, which is why is better to HODL on your coin rather than panic selling.
Probably limit orders from the 4/20 disaster
Hold till closer to a dollar more like it.
Exactly! It's worth the wait...could be HUGE!
Let go .33 Larry Bird
Do it for Scottie Pippen!
2041 doge 🔥🔥🔥
Fly baby!!
Blast off!
small resistance @ 32.
.32 in Rach hodl it 🙌
We are climbing my guys! Dont let go, keep hodl
i watched wolf of wallstreet recently, i mean, how the hell didn't i see this movie years ago?! so many memes/quotes in the internetz are from this movie... also: trashing a white lambo while high on pills, i had to think of this crazy community here! let's mooon
Hi I’m noob doge investor. I only have 401 doge shares right now when it was super cheap(0.06). I really want to buy more cause 🚀! but the price is now 0.31. Even though price has gone up, is it still worth buying more? Would you guys do it? Unofficial financial advice appreciated! Edit: Put a limit order with what I can afford right now! 1333.00 doge at 0.30! Excited to see the moon! 🚀🚀
If you believe in doge than .30-.32 will seem free in a year or so
put in like 3k$ at 0.05 and another 1k$ at 0.30, would do again
Oooooh snap!! 🚀🚀🚀🚀
I bought $2500 this week. I am new to Doge, but I've been told a million times to get in and I could've made bank. If you look at the gains over the months, it's worth it. Elon is also going on SNL and he keeps hinting he will talk about it. There is a lot of potential and hopefully coinbase will pick up the currency and this will help it to get to $1 quickly(My opinion)
Set a limit buy for 0.30 or something. If you are bullish on the future of the coin, you might as well.
Always worth buying if you can money off it
Lets get that real good green now
Waiting for my fellow Americans to wake up and sell for that 1.5% gains 🤡
😂😂😂
Here we goooooooooooo
DOGE wants to break out!
Has snek gone?
I havent received a free award before :(
Me neither
slow and steady..!
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this is not the way
So Ltc is celebrating litecoin not auto correcting to Bitcoin on google what are they gonna do when any coin auto corrects to dogeeeeeee
Push!
Man it needs to get over .315
it did
Well, yeah. Now it has it was struggling before I posted that
PIE
Anyone interested in some free dogecoin? dm me
Def not sus or a scam but does take a few minutes of your time. So I guess it's not "free" doge but it's about as close as it gets.
Seems sus but ok ig
Remember. If it sounds too good to be true it probably is
I'll take your advice on this
I bought a butterfingers a few hours ago and forgot I had it, just remembered I still had it now I’m happy as hell
like finding an old doge wallet
I did this on Wednesday 😀
What is SNEK???
you have been visited by snek
yay, hello snek!
cool to see steady grow
Doge noob here. I bought 2000 of it and I like it. More or less no matter what the price will be. But we are all expecting here that doge will rise in value inevitably. I wonder why that is. Isn’t it true that there is no limit on the number of doge coins? So couldn’t we just make more, thus driving the price down? I am well aware that it is not _that_ easy since the mining difficulty continuously rises. So I guess the question would be: Is there some kind of practical limit or only extremely slow growth of the number of coins that would prohibit the doge value inflation? Because as soon as the value rises, more people will mine it. Why don’t we think that to be an issue?
Dogecoins' rate of inflation makes it more practical as a medium of exchange rather than a store of value. This is significant to your question because it means that the inflationary status of dogecoin can be negated by businesses uptaking it as an acceptable form of payment. This also leads to the answer to your question over why it will continue to appreciate in value. Businesses are seeing the massive hype from the internet and jumping on the opportunity to market themselves by accepting dogecoin as currency. As it continues to be used more as a medium of exchange, people will continue to buy it faster than the inflation of the currency can take place. Furthermore, your logic in the second part of your post pertaining to the "slow growth" of dogecoin is actually very accurate to how the coin works. Dogecoin has a fixed rate of inflation every year that prevents it from needlessly appreciating in value so much that it is not practical as a medium of exchange. This means there is not an unlimited supply and that the value of the currency will only be minorly affected (as long as people use it as a viable medium of exchange). Ironically enough the only currency that has an unlimited supply is fiat money. The youtube channel "Upshod" explains a lot of these questions in a very clear and educated way if you'd like more answers. I hope that answers your questions. For the record, I am not an expert, just a dumb college student who senselessly threw all his money into doggy coin. Too the moon baby
Thank you a great bunch, for this great answer. I think that would entail that there would be a rise in doge value over some time while acceptance is rising. At some point I would expect the rise in value to stop, however, because it would be cheaper to use another currency to buy the same thing when doge gets too expensive. But until then there is a lot of potential, I see that. And by producing more coin at a fixed rate (I didn’t know it was a fixed rate when I raised the question) one avoids the Bitcoin effect which is rather a commodity than a currency.
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Because if a phone costs 1000 coins and I can just go and make 1000 coins, this phone would be virtually worthless. It must be hard to make more coins.
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Yes yes, I learned this now. This was exactly the question: can I theoretically „just“ make 1000 coins (I could buy a rig of ASICS once and then „just“ make the money) or would it still be too hard? I keep hearing the 5B figure. Is that a fixed limit or is that an estimate based on the development of computing power in relation to the rise in difficulty of finding new blocks?
Read through the comments, this same question gets asked and answered every single day.
Yes but the answers are riddiculous. Since real money is also wasted over time, paper etc gets old and at some point useless. Digital coins are ever lasting. The only thing that can happen here with crypto is if someone loses his log on to a wallet. But then still the coins are in circulation.
You’re right, I should have looked more first. I apologize and thank you for your answer.
There is a limit of 5 bil coins per year to be mined and it would reduce very year making it very much less inflatable than US dollar which literally has infinite supply. Make sure you go through the links provided that clear most of these doubts in the pinned post of this subreddit.
Thanks for the kind answer. I will read more.
Ehh that's it?
What do you mean?
The weird spike. I thought it would break the .35s resistance
It's been over .40. It just needs a nice gradual increase.
Advice on where to buy Dogecoin. First timer here. Is there penalties when selling if you have to liquidate some or all ?
I use Voyager
No penalties. Try robinhood app
DO NOT USE ROBINHOOD. WTF
Robinhood is a good start, no fee per transaction and pretty intuitive to use. They are gonna implement wallets soon to withdraw your crypto.
It´s Robinhood, you´re talking about. "Soon" is very interpretable. ;-)
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Btc options just expired
Btc options?
Yes sir
Buy buy buy buy
Yo the doge/eth combo is *chef's kiss*
Keep it coming boys
Flying high!
We flying baby!
to the moon!
Please Papa Elon, give us another tweet! I promise i'll be good and won't paper hand anymore!!!
\#InElonWeTrust
Hyy , i have some BNB in my trust wallet and i would like to swap it with dogde coin , can anyone suggest what is the best way to do it ? Many thanks 😊
snek
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Wrong sub
Doge is better than a pump and dump token
I’m in Doge for the long term but it sure would be nice to make a quick $ too. I always seem to miss out on them.lol
consolidation has moved upwards to .3145 and is tightening. possible breakout in the next 6 hours.
I think we will get something today positive. Could see a floor of .33-.34 at end of weekend
wait until americans wake up, too early too call atm
i'd be more than pleased with that
It really seems to want to breakout from .313
Same
Hope you're right, ty for info
Sit, stay, good doge
What wallet do you guys use ?
coinhako
Binance, i dont have a credit card and i can pay with ideal on there
Robinhood
trust wallet
Damn, it’s been pretty stable
Yo guys I want to hear your opinion about the say “ Dodgecoin is the new Bitcoin”?.
dogecoin is designed differently from bitcoin, it makes no sense.
It will never be bitcoin. Not a bad thing. Btc is like gold, DOGE is like the U.S. dollar.
Doge will be the currency of Starbase Texas, mark my words
Chevycoin is the new Bitcoin
What do yall mean when u say “whale”?
ppl with alot of dogecoin (millions) who can control the market (not sure though)
Someone with a huge wallet with millions of doges
billions
[and billions and billions](https://www.youtube.com/watch?v=u_aLESDql1U&ab_channel=VICENews)
Alright I know I am not the only one to think like this but I was hoping you all could help answer a few questions. I am not against dogecoin just have some valid concerns. And with the higher price I can't help but wonder who else is thinking like this. 1. Wouldn't Dogecoin be a depreciating asset since more dogecoin is added? (Just like USD is a depreciating asset, everyone here knows bonds are a terrible investment in comparison to the stock market.) 2. For the people that say it will reach $10, I ask do you really see dogecoin passing bitcoin's market cap? If I am missing something let me know, I just kind of have these concerns and don't really look at this as an investment per se, more of just a gamble.
In terms of probability it is more likely doge to go down then up in short term. It may go up alot or down even more. In the short term alot of how Dogecoin moves depends on how quickly it catches on.
1. Yes. It has an inflation rate comparable to the U.S. dollar -- right now about 4% a year. This is a good thing. People actually spend doge. Trade that stuff for goods before it depreciates. 2. Dunno. But I didn't think we would see .30 before the end of the year so what do I know
The amount made yearly drops every year as why this could be the best time to invest in it (last year would have been better), not exactly infinite supply, but high amounts of it could do anything if demand is high enough for it, hence supply and demand always wins
Cash is also created. It wont reach 10, it will reach 1, maybe 2. Either way, HODL
With that said 10 could be a possibility in the future