Doge Price

Hi All,

Does anyone have any idea what commodities affect the price of Doge on the major markets?

When some large investors pull out of BTC, the price drops dramatically (this is the same when the press scare-monger), but I was curious as to what can control Doge.

At one point it was in triple figures, but now it's barely going above 0.00000080.

Internet currencies don't have anything controlling them. It's based on demand and supply. When nobody wants it and there is alot of it, it's worth nothing.

The vast majority control it. If you have enough of it, you can increase/decrease the price quite easily it seems. Well, as much has been the case with Bitcoin.

Wondering if there are just to many Dogecoins out there compared to it.

Moon Knight said:

The vast majority control it. If you have enough of it, you can increase/decrease the price quite easily it seems. Well, as much has been the case with Bitcoin.

Wondering if there are just to many Dogecoins out there compared to it.

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But coin isn't controlled by people who have it at all. In fact, it's the people who are getting it that control it. Bitcoins are part of a game, it's not even currency. It's prize money. Also, there is a set amount of codes that will ever be produced (or so they say). When you crack a code, you get a bitcoin. Everytime you crack a code, the next one gets harder. Meaning, mining companies will need to get completely new computers, software, employees, etc for little to no increase in profits. Subsequently, this will lead to them reaching the equilibrium point where they will no longer mine in order to retain profits. To me, you would be ignorant to invest in any Internet curriencies. They are all a scam.

What I suggest you do is research. The more you know, the more you will see that I am right.

I've personally never use Dogecoin but I don't recommend in investing in it, BTC price is finally going back up a bit.

Alt coins are really good on making a quick profit, DOGE goal price is $0.01 per DOGE.. No idea if it'll reach it

@one you said "scam" but I don't understand with the hundreds in profit I've made off btc hehe

come at me

Random said:

@one you said "scam" but I don't understand with the hundreds in profit I've made off btc hehe

come at me

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You must not understand what a scam is. Poor soul.

Jk but if you want me to explain it just Kik me

Yeah, I mean I currently have 9.73153154 BTC and 421,995.23679246 DOGE so I'm not really complaining about prices because it's substantial enough. I just wondered if Doge would ever increase to a greater amount. Is it worth keeping hold of Doge?