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RE: My Thoughts on Dogecoin Prices

in #cryptocurrency7 years ago (edited)

Well... Actually I'm Doge hodler/user since 2014. So I may be biased. But honestly, there is no reason for Dogecoin not to be around 1$ level. if BTC is Gold and LTC is silver, then Doge can and should be copper :P.
This coin is fast, relatively cheap, has no problems with scaling, you can buy and sell it almost everywhere (I recommend shapeshift.io) and should be used for everyday shopping (snacks, coffee, tipping etc).

One drawback I know isn't a drawback really.
They say there are to many coins floating around, but you know, at this moment even 5 billion new coins produced annually doesn't change much (in terms of %).
When Chinese New Year of the Doge ticks in February, Asia will buy it all anyway :)

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Interesting theory there buddy... I sure hope your right✌️✌✌
Anyhow it wont hurt to throw a 100$ on a Doge and see what happens🙌🙏

Yeah, it won't hurt :)

I don't really think that china will be buying many doge, given some of there recent blocking of sites.

Asia is not only China. Chinese New Year is celebrated in many asian countries, so... We'll see.

Sorry, I misread what you wrote.