Dogecoin closing in on Bitcoin!

in #dogecoin6 years ago

At 18% in transactions.

Outperforming Litecoin and then some.

DOGE on the run!

Slowly it seems to become clear that the true fast and cheap Crypto, of the Bitcoin blockchain type, is Dogecoin. Such cheap, much fast, wow transactions and there is blocktivity dot info to prove it. Yes, that little Doggy almost passed Ethereum Classic {ETC}. Close to spot 5, just behind that big one BTC, the only true Bitcoin, itself. Now that is quite some achievement!

It does 18% of all the transactions Bitcoin does in one day. Where Litecoin does about 12%. And that fake one with virtual manipulated value? Well, the amount of transactions a day for BCH, the false claim Crypto, is 7% of the real Bitcoin. At some point its market cap will get corrected downwards hard to match this value and then it will be futher downhill. Currently it matches the relative mining percentage, which is mostly centrally controlled from China.

No match for Steem!

Yes, that is true, Steem is still by far the number one when it comes to transactions per day. As is any kind of DPOS {Delegated Proof Of Stake} type of blockchain, like Bitshares. And also EOS is one of the family. Though the jury is still out on that one, as there can be only one mainchain. Yet it might pop up any day now. For one reason or another though the more traditional POW {Proof Of Work} blockchains get a wider support. No account needed to use those POW/POS might be a main reason. That is ease of use, close to using cold-hard-cash.

To me that is a reason for the succes of Dogecoin {DGE/DOGE}. And the fun part also adds to that. Strong brandname with great marketing, it almost sells itself. Now that is some magic the DPOS blockchains could use. As they are truly far superior, now if only that account part with complex password could be made easier. It is a bleeding fogging shame that the Buttcrap CrasH {BCH} scam has gotten so much virtual manipulated fake value. There are many others thay actually deserve that value.

EOS in JAXX.

Typing about that hardforking looting crap BCH, the JAXX wallet constantly alerts about it being locked down. Due to trouble after the Buttcrap CrasH hardfork, that also hardforked into a new version of BCH, called Bitcoin Core {BTCC}, which is a kind of ironic. Still, I managed to get my Ethereum and EOS in the JAXX wallet. Now all it takes is another wait for the EOS one and only mainchain to go to the enabled status.

Dogecoin for use.

That darn cup of coffee, any self respecting Crypto should be able to pay for one. And keeping the transaction cost down, while getting fully confirmed within 30 seconds. Or at least one within a minute. True, Lightning Network offers this for Bitcoin, BTC, but still is in its startup fase, looking for worldwide adaption. And it is a candidate to do so. Steem is already able to do so, but the need for an account with complex password makes it tougher to use. Even if in speed, fast full confirmation and ZERO transaction costs it is the one that is extremely undervalued.

And I have to admit, I find DOGE much more easy to use. Only a (light) wallet, multi HD or single, is needed. That is all that is needed for Dogecoin. Transactions almost add no cost to ones cup of coffee. Just order, get the price in DOGE to pay and settle the bill. And yes, I did promote Steem, as I still do, but it seems to be quite complex to many. Yet compared to Dogecoin it is still young, so all it takes is time for Steem to get to the top, where it belongs.

May the Cryptos be with us.


Just look at the numbers...
Screenshot_2018-06-08-11-57-57.png
Screenshot taken at http://blocktivity.info

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Run Shiba! Run ... I don't hold you😂!
Hoe gaat het, mijn broer?

Whoohoo let it jump, run and be playfull! Next stop USD 0.005!

#nl Het gaat goed @seha76 en met jou?

Great statistical analysis and essential update for blockchin investor specially dogecoin investor... Thanks for sharing such well update..@oaldmster

Steem should be way more up more in the Cryptocoin marketcap list. And it still can do it.

Dogecoin can make another jump...

Bedankt voor de goede info @oaldamster

Graag gedaan @traderr.

Ik zou maar willen dat we het wat meer zagen groeien in de wallet :-) maaar dat willen we allemaal zeker haha

Dat is volgens mij inderdaad zo. 😊👍

I think dogecoin is useful as it's low fees, fast transaction but i think we have to more patience to get higher price for doge. And obviously steem is the boss. Thanks sir @oaldamster for the valuable analysis.

Patience is healthy in Cryptos.

it is true now you can rent DogeMiner and DogeMener pro machine

Had no experience with it.

Thanks for your information , i really like it .

And thanks for sharing @oaldamster

Upvote you.....

Glad to know you appreciate it.

you are very precise friend

image

By paying attention to the crypto market movement, Dogecoin investment is more profitable.
Thanks information @oaldamster

All in all it should move up. Yet nothing is ever close to logic in the Cryptos market.

I feel great when i heard about steem..its our future i guess

Yes, it absolutely has a future!

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