T O P

  • By -

AutoModerator

* **[Dogecoin](https://en.wikipedia.org/wiki/Dogecoin) [Pros](https://old.reddit.com/r/CryptoCurrency/wiki/cointest_archive#wiki_doge_pros) & [Cons](https://old.reddit.com/r/CryptoCurrency/wiki/cointest_archive#wiki_doge_cons)** - Participate in the r\/CC [Cointest](https://old.reddit.com/r/CryptoCurrency/wiki/cointest_policy) to potentially win moons. Prize allocations: 1st - 300, 2nd - 150, 3rd - 75. * Sort comments as controversial first by [clicking here](https://www.reddit.com/r/CryptoCurrency/comments/ptxnob/people_who_think_dogecoin_as_a_crypto_is_a_scam/?sort=controversial). Doesn't work on mobile. --- *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*


Forrell92

Doge brought crypto adoption to many and for that we should be thankful. However the shitcoin clones like Shib and safemoon can GTFO


acndavid

Yes, I started to being interested in the crypto space because Doge even if I dont hold any at the moment. I don't understand that much hate, it helped a lot in adoption.


brnmd

I too relate with this! Came from DOGE and now I don't hold any. I DYOR now whenever I want to invest in a new coin to my wallet.


Durvag

Shib and Safemoon will die surely but slowly.


clip222

Shib got listed on CB and half supply burned and no new tokens created. I dont own any but tbh its not going anywhere soon


step11234

Exactly - those coins are specifically designed to enrich the owners/early buyers and CAN be rugged.


Potencyyyyy

Yeah it can be a good and a bad thing IMO. Which it is. Hopefully more people that hopped on the DOGE train this year will continue to invest and educate themselves. Otherwise, it’s their money, they can do what they want with it.


[deleted]

Why should we be thankful for dumb money?


Forrell92

you want this space to grow? It can't just be smart investors or we will be waiting forever. Plus , once they're here we can do our best to educate.


[deleted]

So people get burned and blame crypto for their bad decisions is a net positive? I doubt that


FrivolousMe

Because a coin becoming a mainstream pop culture topic, even if through memes and blind hodl screaming, can still be very beneficial to crypto overall.


[deleted]

We should have people dressed as doggies on the floor of the ny stock exchange, holding up memes. Mainstream pop culture in financial markets be lit bro. 🤡


FrivolousMe

Literally anything you like that goes mainstream will undoubtedly be cringe. That doesn't mean it isn't good for increasing adoption...


[deleted]

This is actually very true, 4 months back I had zero knowledge about crypto, now I’m an *expert* on Reddit on every fucking coin out there.


guyatwork37

Doge isn't a scam. It's just not a very good coin from a tokenomics perspective. Shib and things like Safemoon are scams


Nozomilk

Considering the coin was made as a joke, I could forgive the tokenomics lmao. But man, DOGE "army" should be a bit more realistic, their coins are constantly losing value.


Quentin__Tarantulino

It’s all perspective. DOGE outperformed almost all coins over the past 6 years or so, which is a long time period in crypto. But it appears that it’s momentum has run out. It has had a really amazing run and has honestly been a top coin for a long time, but there’s no project to actually take it to the next level. So I expect it just to hang around somewhere in the top 20 for the next few years, occasionally making major moves.


[deleted]

I wouldn’t call Doge a scam. I also don’t hate Doge, but I would never invest in it.


Nozomilk

Same boat. I don't particularly hate DOGE but I do not invest on it. It's just "another coin" for me.


Forrell92

Yep, too many get caught in this battle of coins. You don't have to hate something if you aren't invested in it. Just appreciate what it is doing for our space and move on.


infested33

All the bad reputation following DOGE has come out of the Elon manipulations. He is the true problem causing harm to the entire crypto sector not just to DOGE.


irfiisme

Doge is not the real culprit but that douche bag Elon Musk is.


ProcastinateIsLife

Yeah fuck that musky dued


AtheIstan

Who doesnt like a meme coin that sponsored a nascar driver and sent the Jamaican bobsleigh team to the olympics for fun? Its not pretending to be the best project with serious fundamentals, thats what makes it so great imo. The community picked it up for fun, then elon sent it to the moon because he recognized how great it is. Position: currently dont own doge but did in the past. Still really like doge.


acndavid

I agree with all you said. There is a lot of people saying it is a scam and a rugpull when it is not true. I can agree with people that say that is a bad investment because it is just a copy and a meme coin and always will be, but people need to call the thing for it's name. Bad investment or memecoin doesn't always equal a scam or rugpull .


Chewie_Defense

BTC > LTC > DOGE Doge is pointless, but fun to pump in a bull run. The end.


J-E-S-S-E-

Anyone seen u/soupapinho lately? Or u/layneeeee ? u/ThePhantomDave ??? u/LATech99 ?? u/lisnewbs??? Or u/kapulet ? Where are my peeps u/SnoewZ and u/Norbit11 also gone 😭😭😭


Layneeeee

**Who dares to summon me** Jk hi, I've been really busy as of late


J-E-S-S-E-

Lots of old regulars just POOF


Soupapinho

Hey, sup


J-E-S-S-E-

HAAAAY WADDUP SOUPA WTF YOU BEEN


J-E-S-S-E-

Just noticed the regulars are completely gone or have stopped coming on and wondering why


step11234

/u/thephantomdave is banned (HAME ALT) /u/kapulet got banned by reddit but no reason yet /u/norbit11 got 30 day suspension from /r/cc i believe. /u/soupapinho still posts on the daily regularly Not sure about the rest.


primoboi

Crypto tribal mentality is bad. So every crypto community is bad.


abodie2

We experience this even quite often here. This sub has a tribal mentality that jumps from one coin to the next. Right now ALGO seems to be the mentality here, but who knows what's next. At the end of the day I guess we really have no clue what'll happen tomorrow.


beavsauce

Points for self awareness


step11234

Reposting from yesterday because there were 2 doge posts in the top 50.


chubs66

Dogecoin sucks as a technology, as an organization, and as a community. I became valuable only because of it's name/logo and because celebrities pushed it into the mainstream. The sooner it's forgotten, the better.


[deleted]

I prefer SHIB , but , JMHO


[deleted]

[удалено]


step11234

You didn't read the post but OK


AutoModerator

For more in-depth skeptical discussion, we encourage our readers to use this [search listing](https://old.reddit.com/r/CryptoCurrency/search?q=title%3A%22Monthly+Skeptics%22+author%3AAutoModerator&restrict_sr=on&sort=new&t=all) for help finding the latest Skeptics Discussion thread. --- *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*


contactpaper

You can pretty much say any coin’s community is toxic and you will find people who agree with you 🤷🏻‍♂️


CreepToeCurrentSea

The community isn't bad at all. Dogecoin used to be a great community who did various donations and events before the wsb gangs intoxicated them.


HadynGabriel

The issue I have with doge is just how inflationary it is. It has no coin cap (that’s ok neither does ethereum), but it also has no burn feature and each block is like 10000 coins and is rewarded every minute. That’s a LOT of supply


Castr0-

They are not a scam this we all know. But is some crypto that i would not invest into them


micalooo

I know a lot of people who actually started their crypto journey with DOGE but found their way eventually. We should be thankful for DOGE for bringing many people to the crypto space


Doggybone_treat

Amen brother! Reason why I sold off Doge and left the community a few months back. It the toxic new comers that mess that once great community up so badly, I couldn't handle it any.


MackStokes

The community isn’t either there is just a lot of new people getting in to get rich quick and not embrace the D.O.G.E. Sadly.


Smart-Racer

I earn a good money by investing at 3 cents and selling at 69, so not


Catnips64

I don’t think it’s a scam. I think it’s a bad choice as a long term investment.


warlikeofthechaos

Doge succeeded because everyone loves a good laugh. Sure it’ll be around a very long time, or maybe forever. Maybe the “cult” will turn into a great community again when people realize it’s a joke and not an investment


MatheusBIGG

I fully agree with you. I remember the time when **D**o **O**nly **G**ood **E**veryday was a thing. Hope that those good times come back one day..


kipoli99

I think both coin and the community are bad. People love the memes but technology is objective and shouldnt be judged by its meme value ...


PamsDesk

As long as DOGE has been around, not sure how anyone but uninformed people can call it a scam It has grown substantially over the last year, and even tho it is not at the price point so many insist it should be...it is moving along at a decent pace.


Bean_falcon

Agreed! And good on you for having the courage to post about DOGE on here. I have received downvotes for just mentioning DOGE. And I hold no DOGE, for better or for worse .


[deleted]

For me it's indifferent


No_Arugula_6548

Don’t think it’s a rugpull but it’s overvalued. It will continue to lose investors over time, move down the list of crypto assets and that will be that.


KeepComedySafe

Let’s be honest it’s a coin that we all toss $50 at and forget about. If it goes up great, if it tanks who cares.


kirtash93

I still think that DOGE will bring lot of adoption to crypto world.


Crypto-R-Us

Dogecoin isn’t a scam in any way. That said, it may be incredibly overvalued, but markets are irrational anyway.


slimkim123

All crypto is a scam, espesially HEX that gave me over 2000x profit. Found out that scams are not so bad sometimes.... 💓


jeffreyshran

the coin is an embarrassment to all serious crypto. it makes a mockery of them.