0
Here are my thoughts on Dogecoin, its performance as an investment, and whether or not this can one day be a viable currency – Enjoy! Add me on Instagram: GPStephan
LIMITED TIME: Get 2 FREE STOCKS ON WEBULL when you deposit $100 (Valued up to $1600): https://act.webull.com/k/Vowbik9Tm5he/main
JOIN THE WEEKLY MENTORSHIP – https://the-real-estate-agent-academy.teachable.com/p/graham-stephan-mentorship-program/
THE NEW PODCAST: https://www.youtube.com/channel/UCMSYZVlQmyG8_2MkIKzg0kw
The YouTube Creator Academy:
Learn EXACTLY how to get your first 1000 subscribers on YouTube, rank videos on the front page of searches, grow your following, and turn that into another income source: https://bit.ly/2STxofv $100 OFF WITH CODE 100OFF
My ENTIRE Camera and Recording Equipment:
https://www.amazon.com/shop/grahamstephan?listId=2TNWZ7RP1P1EB
HISTORY OF DOGECOIN
The whole thing started off as somewhat of a joke in 2013, when Jackson Palmer, a product manager at Adobe, began making light of the cryptocurrency craze by posting about HIS OWN non-existent cryptocurrency venture: Dogecoin. At the time, it was nothing more than a satirical joke based around the popular Doge Meme, featuring a Shiba Inu with comic sans thoughts popping up…but, to Jackson’s surprise…those Dogecon tweets began gaining some popularity online, and after some positive feedback, he bought Dogecoin.com.
Not too much later, it was picked up on Reddit, where it caught the attention of Bill Markus, a software developer at IBM, who reached out for for permission to actually build out the software and make DogeCoin a fully functional, working currency. The infrastructure was fairly simple, and – in less than a month later, the coin was launched in December, 2013….2 weeks later, the value jumped 300%.
Today…it has a market cap of nearly $10 BILLION DOLLARS, and is trading at a price of around 5-8 cents…all from something started less than 8 years ago, as a joke.
With Dogecoin, right now, there’s over 128 BILLION coins in supply…and rising, by the day. Each year, the number of Dogecoins can increase by as much as 5 BILLION, which was meant to encourage people to USE AND SPEND them – otherwise, over time, their value might decrease as more and more are pushed into circulation. As of now, this represents an equivalent of a 4% inflation rate per year.
As far as Dogecoin as an investment… that really depends on who you ask. The FOUNDERS who created Dogecoin in the first place, are totally perplexed by its popularity.
The co-founder, Jackson Palmer, left the Dogecoin team in 2015, and later said in an interview:
“With no immediate plans for development, it looks like the coin will slowly become stagnant in the future. The circulating supply of Dogecoin is astronomical, which will deter the price of the cryptocurrency from rising any further.”
Jackson Palmer said that he believes the doge theme has helped to make the cryptocurrency market appear less menacing, more accessible, and a place in which he hopes philanthropy will outnumber the profiteers.
Functionally, and instrincially…it’s NOT an investment, and it’s nothing more than a light hearted spin on a NORMALLY serious topic…but, lately, there’s been a BIG push away from mainstream corporations and big Wall Street institutions…and, when you look for a cryrtocurrency that people feel COMFORTABLE with…Dogecoin is probably one of the first that comes to mind, because…who doesn’t like dogs, and two regular people just messing around for fun on the internet with memes?
I think there IS something to be said about the popularity of Dogecoin, and – as it gains more acceptance, and more people embrace it – it’s going to stabilize in price. Could it one day reach $1? Maybe. Could it go back down to 1 penny? Absolutely, if people stop talking about it, or move on to something else.
The problem that I see is that people are viewing this as a way to “GET RICH,” and – yes, if you time it correctly, absolutely you can make money. BUT, that’s not a sustainable way to invest…because, mark my words…investments like this are entirely dependent around attention, and as we’ve seen time and time again…attention will shift week by week, month by month, year by year. Maybe it continues to grow, or maybe it doesn’t…so if you have money to RISK, by all means…but, as a serious investment, it would be irresponsible for me to say it is.
For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at GrahamStephanBusiness@gmail.com
*Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.
WARNING: There are fake profiles of me that will reply to your comment and ask you to text a whatsapp number. THOSE ARE NOT ME. I block those users but they keep making new accounts within minutes. I will never ask you to text a whatsapp number. If my profile doesn’t have a checkmark next to it, it’s not me.
Dogecoin and Bitcon are exactly the same, they are both Blockchain of Nothing.
Hilarious how pumpers like Graham Stephan say one group of imaginary tokens has zero intrinsic value while another group of imaginary tokens is worth a million dollars. The contradiction is so outrageous lol.
It is all contrived with greedy people pumping whichever imaginary token they are holding.
One is in my comment right now
Meet Kevin is having the same issue, a lot of people are.
Had with a few accounts
@fat pancakes report as spam
TO THE MOON! 🐕🚀🌚
The real gem is that because this currency is not controlled by government (at least not yet) this somehow becomes “the people’s” currency. Which I value.
If doge was to hit a dollar, that would be 16 times it’s current value, so I guess it’s worth a shot. At the very least, I don’t see any big losses
“There is no sponsor”
BTW “a plug” in YouTube is a sponsor. Don’t lie to people who view your content.
$0.05990 2/14/2021
How about Cryptsy stealing 16m Doge several years ago… 🙁
Your voice reminds me of ben shapiro lol
what platform should I use to buy dogecoin
Hey Graham! One of the well-respected German financial Youtube Channels “Überfluss” (second channel of Finanzfluss) posted a reaction to your “Revealing My Entire $13mio portfolio” video. Watching this and reading the comments there, I noticed that a lot of us Germans watch a lot of your content too. Maybe you should get in touch with on of the bigger finance channels here to discuss a bit about the differences between both financial systems and the approaches to invest in US and Germany.
Btw 20 cents Iced coffee helps here as well 😀
Sooo… if I put my life savings into Doge… I can buy a Lambo when?
Dogecoin to 20.00
Dogecoin carries ALL coins” DogeShinobi369
The Dog coin deal is a joke, the reason being is because the Dog is a image pulled from a commentator on youtube, its a picture of the guys Dog.
The unruly rub proportionately tire because oven scilly guarantee barring a unkempt surgeon. abrasive, sudden gum
I was also interviewed for that same WSJ article, and I said basically the same thing you said. Great points!
OK, Pi Network Coin next
That ol pyramid😂
@SuperWolf 743 Is it? dont know much about it
@Tuff Bone Really dude you need a referral from someone to start mining that is how all MLM’s work
@SuperWolf 743 I’ve been refered and all I do is press the mine button every 24 hours, not sure if it does anything tho )
I love the fact you specified that this is not a get rich fast scheme I don’t know who needs to hear this you’re got to stop saving money .invest some part of it ,if you really want financial freedom.
I think bitcoin I’s moving to the next level,It a wise decision to buy ,you can’t afford too miss out
Apparently that’s true I agree but it can also be disastrous for newbies or any one who doesn’t ad here to a well throughout strategy and over all a perfesssional broker.
@David Foreman
I have been trading as a newbie and blowing my account for months now how do I get professional broker
HM
How come nobudy talk about VGX this grove twice more than doge in a year
Sounds like the US dollar !
Doge is cheap and fast to send.
+ 1 3 0 2 4 8 1 9 2 5 7
i have a retarded amount of tha dodgeeeee
I screwed up selling my doge At the end of 2020 🤦🏼♂️🤦🏼♂️🤦🏼♂️ I came up $10
Now this guy is a dogecoin expert.
I don’t know if it’s the camera. But your head looks big. Or you just have a big head and small shoulders
I stay with Vechain 🤷🏻♂️
Dogecoin is the Ruler of the Universe from Hitchhikers guide to the galaxy
🚀🚀🚀LIT is huge, new project!! Up to 50 $ soon! 🚀🚀🚀
is safe to buy dogecoin on robinhood?
I’ve got my 3,000 dogecoin 😁
For $150 it’s very fun. All the cool kids are buying it. When it goes up to $0.10 per coin, I’ll be dancing around the office.
Ill invest 20€ who s with me
Cheers
Thanks Graham I am impressed that you actually took a stance and didn’t just waffle for 12 minutes just for views.
Dogecoin! Much wow!
I really appreciate your consistent and thorough research! Had no idea the # of coins was theoretically limitless for Doge
May you please make a video on Ovato coin??
Anyone else click like before they even watch the video?🤣
All thanks to Janet foreign exchange for helping me to trade my $250 into Bitcoin and I was credited with the sum of $5300 after seven working days of my trade with her now I’m debt free I can settle my bills without even touching my paycheck I’m so happy with Bitcoin life is easy 😊
Text her on whatzapp
+1 3 0 2 4 8 1 9 2 5 7
Reported☝️
its not going to happen
It’s worth grabbing 500 worth even now and just sitting. Not that it should be worth anything…. But the market can stay irrational longer than you can stay solvent. The time to do it was under .01 of course and many people did just because of BTC and how cheap you can set yourself up for potential big money years down the line. But even taking 500. Grabbing 10k and putting a 1$ sell on it is worth the fun.
Blah blah blah man just GET ON WITH IT
He said No and I like to prove him wrong
All thanks to Janet foreign exchange for helping me to trade my $250 into Bitcoin and I was credited with the sum of $5300 after seven working days of my trade with her now I’m debt free I can settle my bills without even touching my paycheck I’m so happy with Bitcoin life is easy 😊
Text her on whatzapp
+1 3 0 2 4 8 1 9 2 5 7
I’m on the fence about all this attention that trading is now getting, because I’ve been trading for a while now and it really wasn’t a mainstream thing. Over the past year or two it’s been gaining popularity slowly by slowly then they went commissioned free and then Corona hit so it gained even more traction and now because of GameStop it is smack dab in the middle of the spotlight. I’m kind of worried because it’s been a pretty lucrative career change that flew under the radar and I hope things don’t get too difficult for retailers again. Generally the more money in the market the better and we love the volatility I just mean sec and regulatory wise
If only I got $1 for every time graham says “I never thought I’d make a video about ____” 🤑
Where can I but dogecoin????
Reach the Admin office.
…t..e. ..x…t..
+..1..(6..0..1) 5..0..9 – 1..2..0..3
W..h..@..t..s..@..p..p..
Graham I invested in the like button.
😂🚀🚀🚀🚀🚀🚀🚀🚀
“What’s up Graham? It’s Real State here, We want you back!”
i remember a few years ago i bought some doge coin at 2/10 of a penny and it went up to 1/2 a penny before it went back down i made about 20 bucks.
Congrats Dogecoin holders, Musk just tweeted and he will support the coin in person
Who else put some $ on dogecoin this week? 2/14/21
3:53 important to note that Litecoin does have a limit on the amount of coins. 84 mil.
Dogecoin does not though
I invested $20 in it is that too much?
Wouldnt it be a security
.
Dogecoin will RISE ☝
You Cant Trade Dogecoin On Webull Only Robinhood
its literally impossible.
@Graham Stephan rofl. accountant for doge hahahahaha.
Dogecoin get it meow
So I got my free stocks from Webull and sold them all – I didn’t get anything really good – and sold them all for a profit of $28. I just now bought fractional shares of BTC and ETH with that $28. Going to see how much I can build up that account by doing it with the money that is there. lol
I bought a small amount just for fun lol. I don’t want to be the guy that spent $10 on BitCoin, bought pizza with that BitCoin, and now It would have been worth millions. I’ma just leave It there and whatever happens happens, I didn’t put a lot of money Into It.
In life nothing is worth money. not even paper currency is worth anything. Only what people think it is worth. Even diamonds are worthless. They shine nicely and cut and polished and make nice tools to cut and saw into things. The only thing worth anything in this world is gold. It has so many uses, is easy to work. Problem is that as valuable and useful it is – it is very limited in supply and a complete pain in the ass to mine.
₩.@T.$.♤.P.P.👆….
“Hey Graham’s, it’s you guys”
Reverse it.
Way to be so negative about this coin bro. You said it yourself you got lucky with some real estate deals and that’s how you came in to growing and becoming wealthy. We’re all trying to get lucky somehow, and it could very well be with Dogecoin.
R / Wall Street Silver
Damn you must be rich by now!
What a profound observation regarding the Will Rogers mock campaign…
Potential supporters were less intimidated to rally behind a person who light heartedly solicited their support. You’re more “supportable” when you want my support but clearly don’t need my support lol
I thought it was worth a dollar now
For Cry🅿️to
Tr🅰️din assist..
+ 1 ( 4 1 5 ) 8 9 1 – 0 1 1 2.
@Graham Stephan Welp I’m disturbed now.
Unpopular opinion:Get rid of the doubts,invest in bitcoin and secure financial stability.
@Moore Darcy Really?😳link me to your broker please.
@Andrew Phillip Okay, you can go email him at>and tell him i referred you for quick response.
<
@Moore Darcy Mr Phillip ? He does a great deal for me as well trading the stock commodity, the ability to create strategies that work in accordance with the market trends is something that comes easy to him👌🤗💹
His strategy trades EUR/USD is quite impressive and his currency pairs,ETF’S are 100% beneficial, with his help I made $4,580 on my last trade session.
Never met a better mentor and philanthropist.
@Moore Darcy Thank you 🤗
No disrespect to anybody but I don’t like how everyone comes in and says oh it was a joke it was not supposed to be serious but yet you bought the coins when they were last than a penny obviously you didn’t think it was that much of a joke because people actually are making money off of it right now and are going to continue making money especially the newcomers
It sounds like your saying Doja Coin 😀
Lol I always pronounce it as: “Doggycoin”
What are your thoughts on Spiff Coin?
If youre talking about it, its already too late.
We bought more 😍😍😍I strongly believe in it will reach 10cents soon👍👍👍Only Doge As Elon even believe in it for long term 🍀
Hey Graham, what’s your thought on Zilliqa?
The meme law
Kala is the next big one ☝️
HOW IS ANYONE OK with 50% of the coins value held by 30 people and one of those owns 30% of that. Search dodge coin rich list.
If ANY of those major holders pull. Which they will. It will create a cascade to the bottom. And they will literally pocket billions. Madness. I have a Tesla, and respect Elon, but this is not a safe place to store any of your money. It’s going to be the biggest pump and dump in history. Millions of people will lose their savings.
🚀🚀🚀🚀🚀🚀😎
don’t worry Graham I hit like ❤️
i got webull and i hate it the ui makes me feel retarded
@Graham Stephan i texted my cedit card info and now he wont respond im starting to this you’re not gram
Dogecoin🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
My man! The creators of dogecoin project are coming back to make doge better
gay. paperhands.
I live in Puerto Rico and Robinhood won’t let me buy Doge Coin. I had to send money to a family member in the states so he could buy it for me with his account 🙁
So, you are saying that litecoin does not have a coin limit? I would check again if I were you
He should say Dont take advice from the guy that left 20k on the table and yah you will look like an idiot
Appreciate your review, do you experience difficulty in trading? Inbox Patrick Lennon his what’s @pp
+.1.8.1.4.6.8.2.3.6.9.2
Awesome as always. I hope you haven’t missed AAX exchange token AAB with its crazy low market cap and 3.5 million currently circulating. Just my tip of the day
Thanks for commenting, I will refer you to my trade analyst and accountant to make good income, go more on digital assets
Via whats@ap
+1 8 1 4 6 8 2 3 6 9 2.
1:15 I swear I thought you were gonna say Raid Shadow Legends 😂
F the doge coin
I started watching your videos recently and honestly they are just amazing. Thank you.
Stop ruining my dogecoin investment value! 😂
♡
Thank you so much Mrs Hilda Kroemer for today’s payout!!
@Liam Desk and how’s that ??
@Stefan Vogler k r o e m e r h i l d a g m a i l c o
on In stagramm
KROEMERFX2
I never doubted her for once, because my first trade with her I got my complete return of investments as she promised!
I also work with her too, among all other account managers I have worked with in the past, Mrs Hilda has an outstanding performance when it comes to generating earnings
@Liam Desk I really appreciate
LoL 🚀
Doge to the moon 🌙
You are an insane machine and the fact you can talk straight without cuts for such a long time, insane man !!! Love the truth bombs !
Can you give your opinion on the step banking app thing, would it been a other good way to build credit???
TO THE MOOOON 🚀🚀🚀