Dogecoin moving up nice and steady

in #dogecoin6 years ago

Just like many others.

The Cryptos market seems to be recovering quite well.

HODL steady as it goes

DOGE already passed half a USD cent again (0.0043 in Euro). And it is slowly building up towards 0.01 USD. Most Cryptos are showing a strong recovery over the last week. Digibyte {DGB}, Vertcoin {VTC} and Litecoin {LTC} are also getting back into the stable green. Bitshares {BTS}, Steem and SBD are doing great. If a Crypto is in the red at this time and moment than that could be a bad sign. Bitcoin {BTC} is just slowly gaining over the last 7 days, but that might be a good thing. Some well known Cryptos show clear signs of a recent pump pattern, with only a few hundred million trading in 24 hours. That could be followed by a dump soon. As the blockchain activity does not match the pump.

In blockchain activity Steem is still lonely at the top. With over 1.6 million transactions in a day, only using 0.13% of its capacity... Ethereum does not even get to half of that at a 100% capacity, with almost 27'000 transactions waiting in line. Bitshares is doing more than half a million transactions a day, at only 0.05%. And Dogecoin is steady above its 7 day average at 31'659 transactions. No way that it can beat DPOS {Delegated Proof Of Stake} based blockchains like Bitshares and Steem, but it stays way ahead of BCH. So it might be that the purist true P2P Digital Cash is DOGE... Natoshi Sakamoto would probably agree on that. (He lives a few blocks from here, selling Dogfood, amongst other petstuff.) Anyway, things are looking bright and beautifull again at the Cryptos market.

Now, if this trend keeps up, than it could well be that DOGE is going for 0.01 USD somewhere at the end of april 2018. Yet, remember that nothing is for sure, much in Cryptos is about speculation. So remember to only invest in Cryptos what you are willing and able to lose.

May the cryptos be with us!


Dogecoin moving up- and forward in a stable way
dogecoin_201804191051.png
Screenshot taken at https://coinmarketcap.com

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Selling Dogfood hey? It's by accident not that restaurant owner that got in big trouble a while ago, when clients left the door barking after having eaten there? hahaha.

Hm, now you mention it, he has been known to live by double standards. And his cheap 'n healthy restaurant, called "Moonhowler' is right nextdoor to his petfood one... 😂

Moonhowler, hahahahaha

P.s. At the moment Doge right behind Steem. Haaaoooowwww!

😁 Go Moonhowler!

YES, DOGE up almost 14% again! Aaaoooowww!
🎉🌞🍺👍

Go GO dogecoin

Woof, woof, such rise! 😎

Very happy to read it! May the days get better. Shiba runs fast :))

Groet mijn broer! Sorry, een beetje druk had je niet gedag kunnen zeggen, hihi.

The Shiba is rocketing to new heights. 😁👍

Groet retour @seha76! En gedag zeggen komt altijd op het juiste moment!

I'm definitely going to be holding doge for a long time.

Dogecoin is now on fire...But last 1 month Dogecoin continuously decrease... Hope that dogecoin keep it increasing ..

There is a lot of growth possible right now for DOGE. It could even go back to 0.02 USD!

Most Cryptos took a beating, but they now move back up. Climbing pattern of Dogecoin looking strong.

One of my big aha-moments about crypto was when i learned that Dogecoin was getting a bigger and bigger market cap, even though the developers have not changed it much the last years .

The creator Jackson Palmer even sold off his coins.

The biggest lesson to take from this is that blockchain works. DOGECOIN is now in the hands of supply and demand, regardless of what its creator thinks or does.

There is an excellent radio show about this, I encourage you to listen to it on NPR Planet Money:

https://www.npr.org/sections/money/2018/01/11/577435049/such-cryptocurrency-so-amaze

I will be writing more posts about this soon..

Thanks for the link, will have a look into that.

About one of the two creators of Dogecoin, Jackson Palmer. At some point the suggestion was made that he himself would have stated DOGE was just a joke and it should not have two cents value. Even though he himself seemed badly informed about the ongoing developement of Dogecoin.

The image that was constructed by wrongly quoting him and blowing it up beyond proportion create quite some bad rap for Dogecoin. And of course that drove the price down.

Blockchains like Dogecoin proved themself to have a real use though. And the developers ported it to the Bitcoin basecode. Which was already quite an effort. Also Segwit will be part of Dogecoin and so on.

So, what hit my by surprise was a recent, friendly, interview with the current Dogecoin developers. Done by... Jackson Palmer!?

Seems he still likes the fun one he helped creating.

Here is the video:

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