Dogecoin falling like a rock!

DOGE is quite dodgy nowadays. It's 0.00127.

Is it dead or just playing dead?

Dogs now a lot of tricks...

Has the mini DOGE bubble burst or are we getting ready for higher prices now?

Hold, sell or buy?

 

Ahh..funny :lol:

 

Short term low but trending upwards..

 

How old are those graphs?

 

Phhttt Doge is 212 v BTC right now on Cryptsy .

 

and it has been pretty stable around this price. It is still not a bad price but the current difficulty makes it not very profitable to mine.

 

Still the most profitable coin to mine IMO.

It's always in the Top 5 on Coinwarz on profitability. Whereas the others move around a lot from day to day, DOGE is stable.

 

Chart was from 20/2

 

So: do you give Doge a long-term potential in terms of price - for the next 6 to 12 months?
Worth investing?

Or is this the death of a "dodgy coin"?

 

at least double most likely tripple the current price

 

Whereas I'd say it's just going to trend down like most alt currencies do.

 

A slight pullback doesn't mean its dying. In my opinion it looks to be building support for the next rise.

In the next twelve months I expect its function as a tipping currency to grow, especially if it gets support on big sites like YouTube, Twitter and Facebook. Its hard to say where the price will be but I'm hoping to see it hit the $0.01 mark by then.

 

Well, this is more than just a "slight pullback". Look at the way the number of transactions has declined:
http://bitinfocharts.com/comparison/transactions-doge.html

 

Yeah, no shit.
Don't have any illusions about where alt coins go after they spike.

 

BTC, LTC all showed the asset bubble characteristics. Which I've recognized last year in November. Of course, many doubted it and didn't like my negative, but objective view.

BTC, LTC are trending down.

But what I''m focusing now is DOGE. It has quite some potential, good marketing and it's a new coin.

The big question is whether this big dip is a prelude to DOGE's crash or, whether it's preparing to go higher.

Weird how the halving didn't double the price. It went down.
Nor did the launch of the first DOGE ATM help it edge upwards.

 

I think the dip over the past week has been due to withdrawal issues at Mt Gox. Once that has been sorted, I believe we'll see a decent rise across the board.

 

+1

 

Perhaps...
But I see DOGE dropping disproportionately more than LTC, BTC.

 

DOGE still dropping.
Looks like I was right and dozerz was wrong.

I think it was crazy to say DOGE would keep rising when everything else around it was falling.
If it falls more, I may buy a whole lot.
But this will depend on BTC shooting back up again. When that happens, all the alts will rise with it.
I don't see BTC going anywhere but down, especially when the Mt. Gox issue still hasn't resolved itself one way or the other.

 

I'm holding onto a few too many DOGE at moment. More than I wanted to at least.

Oh well, it's worth a punt haha