Seriously!!! Dogecoin grew more than Bitcoin???
Like seriously, what is happening today? Dogecoin of all cryptocurrencies, had 6% growth while Bitcoin price fell by 4%??
The past few days have been like a train wreck for most of the Big coins and the trend seems to be continuing and as the weekend continues, we are likely to see more negative growth and little positive movements. However, there is no need for panic as the market will definitely re-bounce once the weather is calm.
Here is Dogecoin market data and i am not surprised that Poloniex has majority of trade volume for Dogecoin.
Unfortunately, this positive trend for Dogecoin may not probably go far or last long enough to see the coin grow to $1 price tag as the circulating supply is so huge at 110,035,421,995 DOGE . The only solution would be to reduce the circulating supply and creating artificial scarcity.
I am very hopeful of Bitcoin growing to $5000 onces this issue of Hard Fork is over and the network becomes more scalable and flexible.
upvote and follow @strem
Think of it this way, how much effort do you think any tech company is going to put into creating a serious use case for Dogecoin, or Bitcoin, or Ethereum? There are multiple answers to this simply because there are multiple crypto currencies. We're literally ON a use case for Steem right now. It doesn't matter in the time period of a day, a week, or even a month if Dogecoin grows a few percent more than Bitcoin. What matters is adoption, and I just don't see Dogecoin making it long-term.
It is just a temporary growth indeed, nothing worth noting
Yeah well Bitcoin has seen major growth over the last couple of months what once took 4 years now happened in MONTHS time we really cannot complain about that, as an investor myself i have made some nice profits with bitcoin.
Bitcoin will rise to $3000 this year for sure but as you said the Hard Fork is in the crossroads it will take some time.
The confusion surrounding the Hard Fork needs to be cleared out as soon as possible and a unified concensus needs to be reached.
Well right now we are in a bearish market, we need to go to a bullish market so we can let all the cryptos grow tremendously
I believe in dogecoin since it's less risky investment or you can mine dogecoin. If you own at least 100k dogecoin. You are set for life because you never know dogecoin will go up to 1 dollars per coin in the five years. If it doesn't happen at least you try. You don't want regrets why you didn't get at least 100k dogecoin in 2017?
LOL what universe are we living in right now!!
Cryptocurrency university is somethings unpredictable.