Why I think DOGECOIN will Blow Up [WITH PROOF]

in #cryptocurrency8 years ago (edited)

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Disclaimer: I am not a financial advosor, invest at your own risk

Why it will Blow Up

Let's first start off with some hard factual pictures so you know this isn't a laughable waste of your time, as Doge coin is considered a 'thing of the past' but I can assure you, it's only the beginning.
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The Facts

Let me speak my case. I can already hear all of the DOGE haters screaming curse words, I get it, I get it. But remember, when no one wanted to invest in Steem was when it was the perfect time to invest in Steem.

I will start with image 1. In the first image above, in Google Trends, you can see that Dogecoin had it's hype, and then it was gone. Or is it? The chart is steadily picking back up close to the end of May/ beginning of June. This made me think...

Now image 2, the website analytics. Doge coin was seeing about 150,000 visitors a month to their website, and then on the month of May it went up to 670,000! I can only imagine what June will be.

Image 3, the pump. This is a little pump that just occurred, that I was fortunate enough to buy 40k DOGE right before and make some quick profits.

Where it all Comes Together

The thing is A LOT of new people are getting into crypto. A LOT. And tons of these people heard about the "Bitcoin Millionaires" who bought Bitcoin at a couple cents, and want in on the action. They see that all these coins are expensive, and will go towards all the cheaper currencies. Such as DOGE, etc. In theory, all crypto that is easily accessible will inevitably blow up in the next 3-12 months. I am 100% for DOGE, and will be supporting it as it is unique, and shows promising data.

I hope that I am not wrong, and that some of you profit from this as well :) Peace!

If you want more data on crypto, feel free to give me a follow @parkermorris :)

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Exactly what I was thinking about bytecoin!

The true value of bytecoin is that it could become the unit of value of all the cryptocurrencies, instead of using dollars
Bytecoin, can be used to better understand the value of each cryptocurrency

Hey! Bitconnect launched on jan 20, is now worth 54 USd in 6 months.

Myopic view of cryptocurrency would cause you to miss out on great rewards in the future, if you are looking at 6 month price action of a coin, good luck....as projects develops and mature, audience gets to appreciate value

i have 10k doge, still holding up..
I don't see the prospect of DOge

I think it will be true for almost all cheap crypto currency!

I think so too!

Doge has the strong meme. I think that, and its relaxed and non-serious image, will serve Doge also in the future as play money.

Because why so serious?

I have some doge coin too. But I am hopeful it will go up. Thanks for instilling confidence in us.

I'm holding a lot of doge right now, I think it'll be hitting 0.01 sooner than we think ;)

Build up to 100,000,000 doge (might take awhile) When it hits 1%, you got 1 million... I think

Misconception of Bytecoin and Dogecoin.
You need to understand the Current supply and available supply about them.

Don't waste your time in them.
Go for
Lisk,
Factom
Bitshare
Golem

Why wouldn't Dogecoin be worth 10x, 100x, or even 1000x what it is today?

https://steemit.com/doge/@manishmike10/don-t-waste-your-time-on-doge-coin-buy-these-now-before-it-s-too-late
at The time i made this post, BTS was 0.01 now 0.3
Factom was 23 now 26
Lisk was 1.7 now 3.36
Have a look what i said about doge

I'm riding this current spike in doge but. Taking ur advice.

Hold up few if you believe this Doge will go up.

Yeah. Definitely I just bought like 110k doge. And traded it for ether. Which is now turning down. And lite. U forgot lite. Lite is gonna explode. I like golem. I don't know enough about lisk or factom yet but LITE is going to 50 100 this year.

Ps doge and lite seem to run together. Doge might he signaling something right now

Doge has a merged mining with Litecoin. so its literally just when you mine litecoin you get doge for free.
Literally almost no demand.

Good to know. Thanks for that info. My hunch about a connection was close then. I bought all that doge before the spike. Sold half for lite. Something's telling me that spike was a signal never liked doge. Just got lucky seeing the spike. I'm ready to dump lol movement in the two right now. And ether too.

Litecoin up 12% today haha

Great work Dogecoin will go to the moon, I've recently written a post about the major players in Dogecoin. The cryptocoin have great potential to grow. if you want to take a look : https://steemit.com/dogecoin/@jjgarcia/is-dogecoin-getting-ready-to-land-in-the-moon

I am putting my money in the smaller coins. My first choice is Dogecoin where I will be putting in 1M Dogecoin and then moving on to the next coin on my list.

You were totally right, close to 0.02$ / DOGE right now :o

Very good blog. Really appreciate you bring this to our attention. Cryptos will probably go through a more extreme pattern that bitcoin went though. High ups and high downs before it becomes stable. We do need more indept investment analysis. I really advice people to take a look at: https://www.coincheckup.com They seem to give this complete indepth analysis of all cryptocoins. Sorted by team, product, company, advisors, previous investors, etc. Check for example: https://www.coincheckup.com/coins/Dogecoin#analysis For a complete Dogecoin Investment analysis.