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❓ASK Do you see Dogecoin being part of your coin?

George10640

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Many people are venturing to cryptocurrency investment.People should have reason before investing in any coin.Dogecoin has always been my favorite also.I thought of it having a good projection after sometime and this promt me to put some work on it.I have some Dogecoin stored and I continue to claim more.
 
I agree with you about the low fees associated with this coins,it is surprising how other correlating coins got their charges very high.I am really wondering how users can withstand those charges.
I think those correlating coin got high fees due to the load of transaction on the bitcoin network that might have caused , users might have withstand due to its popularity
 
Doge coin is not heavily the traded so the doge blockchain is not overcrowded to bring about increasing in the transaction fee. The coins is actually good to hold for a patient earner.
 
Yeah that's the main reason I use the doge coin only for transaction and not for investment , that's why most times some coins do have large increase in few hrs and fall in another he because whales do use it for transaction to bypass high fees
 
I think that Dogecoin is easy to acquire and has a low commission, this alone is good on the one hand, and it is also unlikely that the currency will explode and what happened to Bitcoin, so it could be a standard for a near-real currency of constant value in the future
 
I think those correlating coin got high fees due to the load of transaction on the bitcoin network that might have caused , users might have withstand due to its popularity
Yeah! Very right. The more popular in use a coin is the busier its network and that increases the transaction fees. Sometimes timing the transaction right helps to avoid very high fees.
 
Yeah! Very right. The more popular in use a coin is the busier its network and that increases the transaction fees. Sometimes timing the transaction right helps to avoid very high fees.
Doge transactions has always been very low regardless the time you initiate it, may be if the price becomes higher it could shoot up it transaction fee but for now it very low.
 
Doge transactions has always been very low regardless the time you initiate it, may be if the price becomes higher it could shoot up it transaction fee but for now it very low.
You are right. Was just referring to the other core coins that have their prices shooting up quite easily as compared to doge coins.
 
You are right. Was just referring to the other core coins that have their prices shooting up quite easily as compared to doge coins.
Yeah the other core coins change their transaction fees and costs based on the traffic on the network at the time that the transaction is being made. When there is more traffic the price skyrockets.
 
Yeah! Very right. The more popular in use a coin is the busier its network and that increases the transaction fees. Sometimes timing the transaction right helps to avoid very high fees.
I don't think it's going to be easy or possible to time or predict transaction fee so as to avoid them because we aren't running the system and things changes
 
I don't think it's going to be easy or possible to time or predict transaction fee so as to avoid them because we aren't running the system and things changes
Maybe you are right but I have seen some people claim that they carry out transactions at certain times and they were able to achieve paying lower fees. The nitty gritty of it is not known to me though.
 
Maybe you are right but I have seen some people claim that they carry out transactions at certain times and they were able to achieve paying lower fees. The nitty gritty of it is not known to me though.
Yeah I saw same thing but it's not 100% prediction because you can't predict the volatility of the amount of transaction that takes place on bitcoin network
 
Yeah I saw same thing but it's not 100% prediction because you can't predict the volatility of the amount of transaction that takes place on bitcoin network
I guess those who make such claims will actually know better. I also wonder considering that countries' timelines are different which means there are always transactions on the network.
 
No, because of it popularity I think it is only popular in some part of the word here in Africa you hardly hear traders talk about it or do any transactions in dogecoin
 
No, because of it popularity I think it is only popular in some part of the word here in Africa you hardly hear traders talk about it or do any transactions in dogecoin
It's not only popular in Africa but also other countries because if you check the front page of binance platform you will see the coin been listed there
 
I guess those who make such claims will actually know better. I also wonder considering that countries' timelines are different which means there are always transactions on the network.
This is something i have actually never thought about before, but it makes sense. I think then the traffic on the network will probably be dependent on which countries are up at that time of the day and what is their position of crypto.
 
Most people do transaction during the day and night so it's hard to predict when the transaction fee would be high for that period of time
 
Most people do transaction during the day and night so it's hard to predict when the transaction fee would be high for that period of time
Yeah, I think that is where my understanding of the right timing for carrying out transactions gets confused. I really need to find out more on this.
 
Yeah, I think that is where my understanding of the right timing for carrying out transactions gets confused. I really need to find out more on this.
Yeah more research need to be made there was a time I made an assumption that bitcoin price fall in the day and rise in the night but my assumption was too wrong
 
I think those correlating coin got high fees due to the load of transaction on the bitcoin network that might have caused , users might have withstand due to its popularity
In some points it may be difficult to withstand for example while withdrawing your profits ,with high charges it maybe difficult to allow your profits been cut off a bit.I think it shouldn't exceed 5% because that will be much.
 

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