Dogecoin. My 2nd favorite crypto.
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Background image by Pete Linforth at Pixabay
Today I come to talk to you about Dogecoin, the puppy's cryptocurrency. It is my second favorite cryptocurrency because it is low priced, it is within my reach (today, July 13, 2019, according to CoinMarket, it has a value of $0.0032) and in addition, it maintains a stable price, its transactions are fast and its blockchain uses Litecoin's algorithm (Scrypt and SHA-256); which makes it completely anonymous, decentralized and secure.
It may not be a cryptocurrency to make millions and for the same reason, it may not be very attractive to investors. However, Binance has agreed to list Dogecoin on its exchange (YAY!).
It can be used to buy goods and services, as well as other cryptocurrencies. Best of all, transaction fees are very cheap (another plus).
This cryptocurrency was created by Jackson Palmer and Billy Markus in 2013; initially, it originated as a joke about the internet meme (the famous Shiba Inu breed dog) and more as a proof of the concept of cryptocurrencies and blockchain. This crypto became very popular and many communities have become attached to it just like me.
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Shiba Inu
In the world of crypto assets, it may not be an ambitious project or the one with the best future, but it is one of the most used cryptocurrencies, very popular and that for me is the most important thing. Rest assured that it is much safer than any new ICO or IEO.
It doesn't have to be the best project to succeed, in my opinion, all the features mentioned above have a lot of influence. Dogecoin maybe is an underdog crypto, my kind of crypto.
By the way, Dogecoins are also mined in the same way as Bitcoins, but unlike Bitcoins, which it has a limit, Dogecoins have no limit on the amount that can be produced. Its abundant nature means that its price is always low. But the world of cryptocurrencies is not governed by common sense and Dogecoin is proof of this.
On its website, https://dogecoin.com/ you can download a wallet to mine dogecoin from your computer. But I must warn you that you will have to download the whole Dogecoin blockchain first (about 122 Gigabytes).
But no worries, any desktop or mobile device wallet (or even paper wallet) can be used to store your Dogecoin.
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Again, thank you so much for coming with me here.
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Dogecoin is quite interesting, I want to ask that where have you received the gth tokens in the recent contest from catered content.
Hello @praditya
I love Dogecoin 😄.
I still don't receive my GTH. But do you know where to exchange them? Does GTH have any value yet? 👀
Since you need it as an income I wonder what benefit you have from it or are you mining?
Helllooooo! Long time no see... You left me alone in the darker corner of a house... 😛
Well, let me explain it to you (this is my theory): I'm still not mining. But I guess If I had bought Dogecoin a year ago, although Dogecoin didn't change its price, I would have more money right now because my currency (el bolívar) devaluated itself. I would have protected my money. Do you get me? It kind of a means of safety savings.
Stay in touch, don't be a stranger 😘🙋💕
Yes now I understand.
Well, you left me alone in hospital.too 😭.
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Oh my gosh! I'm sorry... How you being? 👀
Hola amigo @jadams2k18. El que se haya mantenido estable durante tanto tiempo es bueno.
Entraré en las direcciones que recomiendas.
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Hello friend @ jadams2k18. The one that has remained stable for so long is good.
I will enter the directions you recommend.
Hoola! gracias por escribir
Puedes usar cualquier billetera, la mayoría trae Dogecoin. Me parece una buena moneda. Y lo mejor de todo es que da la impresión de que estas ganando muchiiisimo por que 1 STEEM son 85.52 Dogecoin! Generalmente salen, para nosotros, en 25 Bs cada Dogecoin. Que tal? Yo diría que vale la pena (pa nosotros los venezolanos) guardar en Dogecoin para que los bolívares no se disuelvan tan rapido. Hay que hacer la prueba. Es mi parecer.
Saludos 😄
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Hello! Thank you for writing.
You can use any wallet, most bring Dogecoin. I think it's a good coin. And the best of all is that it gives the impression that you are winning very much because 1 STEEM is 85.52 Dogecoin! Generally, their exchange into our fiat is over 25 Bs each Dogecoin. That's great, isn't it? I would say it's worth (for us Venezuelans) to hodl in Dogecoin so our fiat don't dissolve. That's my opinion.
Cheers 😄