The TRUTH About $1 Dogecoin

2021/02/15
 
この記事を書いている人 - WRITER -
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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

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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.

この記事を書いている人 - WRITER -
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  1. Avatar Graham Stephan says:

    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.

    • Avatar - says:

      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.

    • Avatar Adam Mcgrath says:

      One is in my comment right now

    • Avatar Deafshok says:

      Meet Kevin is having the same issue, a lot of people are.

    • Avatar 1BestCookie says:

      Had with a few accounts

    • Avatar 1BestCookie says:

      @fat pancakes report as spam

  2. Avatar Brian Phobos says:

    TO THE MOON! 🐕🚀🌚

  3. Avatar Dan E says:

    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.

  4. Avatar MadKatDude says:

    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

  5. Avatar Doughboy Düsseld says:

    “There is no sponsor”
    BTW “a plug” in YouTube is a sponsor. Don’t lie to people who view your content.

  6. Avatar Jerald Lifsey says:

    $0.05990 2/14/2021

  7. Avatar Cynical Cake says:

    How about Cryptsy stealing 16m Doge several years ago… 🙁

  8. Avatar bullets says:

    Your voice reminds me of ben shapiro lol

  9. Avatar Chris Johns says:

    what platform should I use to buy dogecoin

  10. Avatar David Willing says:

    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 😀

  11. Avatar Spekulatius says:

    Sooo… if I put my life savings into Doge… I can buy a Lambo when?

  12. Avatar Frank Molett III says:

    Dogecoin to 20.00

  13. Avatar Frank Molett III says:

    Dogecoin carries ALL coins” DogeShinobi369

  14. Avatar John Ray says:

    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.

  15. Avatar Solestice TV says:

    The unruly rub proportionately tire because oven scilly guarantee barring a unkempt surgeon. abrasive, sudden gum

  16. Avatar Stealthtrader says:

    I was also interviewed for that same WSJ article, and I said basically the same thing you said. Great points!

  17. Avatar Tuff Bone says:

    OK, Pi Network Coin next

    • Avatar SuperWolf 743 says:

      That ol pyramid😂

    • Avatar Tuff Bone says:

      @SuperWolf 743 Is it? dont know much about it

    • Avatar SuperWolf 743 says:

      @Tuff Bone Really dude you need a referral from someone to start mining that is how all MLM’s work

    • Avatar Tuff Bone says:

      @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 )

  18. Avatar Frances Perkins says:

    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.

    • Avatar Jenna Utter says:

      I think bitcoin I’s moving to the next level,It a wise decision to buy ,you can’t afford too miss out

    • Avatar David Foreman says:

      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.

    • Avatar Rosa Johnson says:

      @David Foreman
      I have been trading as a newbie and blowing my account for months now how do I get professional broker

  19. Avatar Twan Winstrong says:

    HM

  20. Avatar sm gutters wexford says:

    How come nobudy talk about VGX this grove twice more than doge in a year

  21. Avatar JR 乔治 says:

    Sounds like the US dollar !

  22. Avatar DD Powersports says:

    Doge is cheap and fast to send.

    • Avatar Cathy Morgan says:

      + 1 3 0 2 4 8 1 9 2 5 7

  23. Avatar Bryan Brewer says:

    i have a retarded amount of tha dodgeeeee

  24. Avatar steven lindgren says:

    I screwed up selling my doge At the end of 2020 🤦🏼‍♂️🤦🏼‍♂️🤦🏼‍♂️ I came up $10

  25. Avatar M arrizon says:

    Now this guy is a dogecoin expert.

  26. Avatar Alejandro Leon says:

    I don’t know if it’s the camera. But your head looks big. Or you just have a big head and small shoulders

  27. Avatar Manuel Rodriguez says:

    I stay with Vechain 🤷🏻‍♂️

  28. Avatar nimrod nir says:

    Dogecoin is the Ruler of the Universe from Hitchhikers guide to the galaxy

  29. Avatar Dobre Elvis says:

    🚀🚀🚀LIT is huge, new project!! Up to 50 $ soon! 🚀🚀🚀

  30. Avatar Jeypii Gabbrielle says:

    is safe to buy dogecoin on robinhood?

  31. Avatar N LeeM says:

    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.

  32. Avatar Prexydez says:

    Ill invest 20€ who s with me

  33. Avatar Jeff Streeter says:

    Cheers

  34. Avatar steven gao says:

    Thanks Graham I am impressed that you actually took a stance and didn’t just waffle for 12 minutes just for views.

  35. Avatar Mithinco says:

    Dogecoin! Much wow!

  36. Avatar Keenan Centlivre says:

    I really appreciate your consistent and thorough research! Had no idea the # of coins was theoretically limitless for Doge

  37. Avatar urielalon64 says:

    May you please make a video on Ovato coin??

  38. Avatar Adam Mcgrath says:

    Anyone else click like before they even watch the video?🤣

    • Avatar Jenifer Ryan says:

      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 😊

    • Avatar Jenifer Ryan says:

      Text her on whatzapp

    • Avatar Jenifer Ryan says:

      +1 3 0 2 4 8 1 9 2 5 7

    • Avatar Adam Mcgrath says:

      Reported☝️

  39. Avatar Daniel Axelrod says:

    its not going to happen

  40. Avatar Adam Mcgrath says:

    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.

  41. Avatar Pyramid 2017 says:

    Blah blah blah man just GET ON WITH IT

  42. Avatar Tarun Kolla says:

    He said No and I like to prove him wrong

    • Avatar Cathy Morgan says:

      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 😊

    • Avatar Cathy Morgan says:

      Text her on whatzapp

    • Avatar Cathy Morgan says:

      +1 3 0 2 4 8 1 9 2 5 7

  43. Avatar Adam Mcgrath says:

    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

  44. Avatar mountainman0270 says:

    If only I got $1 for every time graham says “I never thought I’d make a video about ____” 🤑

  45. Avatar Port of Stillwater says:

    Where can I but dogecoin????

    • Avatar Graham Stephan says:

      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..

  46. Avatar Joey Herman says:

    Graham I invested in the like button.

  47. Avatar SEVERAAFLORR says:

    😂🚀🚀🚀🚀🚀🚀🚀🚀

  48. Avatar Lion Man says:

    “What’s up Graham? It’s Real State here, We want you back!”

  49. Avatar niq872 says:

    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.

  50. Avatar Nader SHAB says:

    Congrats Dogecoin holders, Musk just tweeted and he will support the coin in person

  51. Avatar Joy Williams says:

    Who else put some $ on dogecoin this week? 2/14/21

  52. Avatar trevman says:

    3:53 important to note that Litecoin does have a limit on the amount of coins. 84 mil.
    Dogecoin does not though

  53. Avatar wowo gigi says:

    I invested $20 in it is that too much?

  54. Avatar RL Days says:

    Wouldnt it be a security

  55. Avatar brachios squill says:

    .

  56. Avatar moodahs says:

    Dogecoin will RISE ☝

  57. Avatar PIMPISH TV says:

    You Cant Trade Dogecoin On Webull Only Robinhood

  58. Avatar Craig Bphone says:

    its literally impossible.

    • Avatar Craig Bphone says:

      @Graham Stephan rofl. accountant for doge hahahahaha.

  59. Avatar Alex Moore says:

    Dogecoin get it meow

  60. Avatar Ralph Mickey says:

    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

  61. Avatar Jose Vega says:

    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.

  62. Avatar DJ SHaKa says:

    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.

    • Avatar Graham Stephan says:

      ₩.@T.$.♤.P.P.👆….

  63. Avatar Zack 50fiftyfree says:

    “Hey Graham’s, it’s you guys”

    Reverse it.

  64. Avatar Junior Sainas says:

    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.

  65. Avatar Based Tradesman says:

    R / Wall Street Silver

  66. Avatar Dash Thrash says:

    Damn you must be rich by now!

  67. Avatar Real Talk with Pastor Rema says:

    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

  68. Avatar Dash Thrash says:

    I thought it was worth a dollar now

    • Avatar Graham Stephan says:

      For Cry🅿️to
      Tr🅰️din assist..
      + 1 ( 4 1 5 ) 8 9 1 – 0 1 1 2.

    • Avatar Dash Thrash says:

      @Graham Stephan Welp I’m disturbed now.

  69. Avatar Tersha Allen says:

    Unpopular opinion:Get rid of the doubts,invest in bitcoin and secure financial stability.

    • Avatar Andrew Phillip says:

      @Moore Darcy Really?😳link me to your broker please.

    • Avatar Moore Darcy says:

      @Andrew Phillip Okay, you can go email him at
      <>and tell him i referred you for quick response.

    • Avatar Pato Peneda says:

      @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👌🤗💹

    • Avatar Micheal Brown says:

      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.

    • Avatar Andrew Phillip says:

      @Moore Darcy Thank you 🤗

  70. Avatar Sheldon Edwards says:

    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

  71. Avatar Laapapapa says:

    It sounds like your saying Doja Coin 😀

  72. Avatar Ares Mars says:

    Lol I always pronounce it as: “Doggycoin”

  73. Avatar Melody Andersson De Porras says:

    What are your thoughts on Spiff Coin?

  74. Avatar FutureLaugh says:

    If youre talking about it, its already too late.

  75. Avatar Rajasekhar Gudavadla says:

    We bought more 😍😍😍I strongly believe in it will reach 10cents soon👍👍👍Only Doge As Elon even believe in it for long term 🍀

  76. Avatar Richard Samuel says:

    Hey Graham, what’s your thought on Zilliqa?

  77. Avatar AnxietyMan says:

    The meme law

  78. Avatar Moses Kilcher says:

    Kala is the next big one ☝️

  79. Avatar Ian Bloggs says:

    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.

  80. Avatar Chris Jones says:

    🚀🚀🚀🚀🚀🚀😎

  81. Avatar Cameron Wallace says:

    don’t worry Graham I hit like ❤️

  82. Avatar areton senner says:

    i got webull and i hate it the ui makes me feel retarded

    • Avatar areton senner says:

      @Graham Stephan i texted my cedit card info and now he wont respond im starting to this you’re not gram

  83. Avatar Agidim says:

    Dogecoin🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀

  84. Avatar Fernando says:

    My man! The creators of dogecoin project are coming back to make doge better

  85. Avatar Paul Hill says:

    gay. paperhands.

  86. Avatar Andres Melendez says:

    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 🙁

  87. Avatar Davide Callegari says:

    So, you are saying that litecoin does not have a coin limit? I would check again if I were you

  88. Avatar Christopher James says:

    He should say Dont take advice from the guy that left 20k on the table and yah you will look like an idiot

    • Avatar Graham Stephan says:

      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

  89. Avatar Tauroa Reihana says:

    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

    • Avatar Graham Stephan says:

      Thanks for commenting, I will refer you to my trade analyst and accountant to make good income, go more on digital assets

    • Avatar Graham Stephan says:

      Via whats@ap
      +1 8 1 4 6 8 2 3 6 9 2.

  90. Avatar Derek P says:

    1:15 I swear I thought you were gonna say Raid Shadow Legends 😂

  91. Avatar Ringo Yosep Casela says:

    F the doge coin

  92. Avatar Cayserr says:

    I started watching your videos recently and honestly they are just amazing. Thank you.

  93. Avatar Jessie Su says:

    Stop ruining my dogecoin investment value! 😂

  94. Avatar moosaleene7 Superserious says:

  95. Avatar kaeli nguyen says:

    Thank you so much Mrs Hilda Kroemer for today’s payout!!

    • Avatar Stefan Vogler says:

      @Liam Desk and how’s that ??

    • Avatar Liam Desk says:

      @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

    • Avatar Erica Will says:

      I never doubted her for once, because my first trade with her I got my complete return of investments as she promised!

    • Avatar Andre Varrecchia says:

      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

    • Avatar Valerie Ferencov says:

      @Liam Desk I really appreciate

  96. Avatar D B says:

    LoL 🚀

  97. Avatar SANTIAGO AARON says:

    Doge to the moon 🌙

  98. Avatar Sunie says:

    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 !

  99. Avatar Joss Donlee says:

    Can you give your opinion on the step banking app thing, would it been a other good way to build credit???

  100. Avatar Nathan says:

    TO THE MOOOON 🚀🚀🚀

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