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DOGECOIN DAILY DISCUSSION – 11th July.

Hi Shibes,

Last week one of the Dogecoin developers created a post discussing a proposal to reduce dogecoin fees by 100x. You can read more about it in the link below and share your thoughts with the developers on this news.

https://redd.it/o94qco

Welcome to todays Daily Discussion post. You are dogecoin!

Here are some links and topics that people have wanted me to post here recently. Please take a look!

* [HOW TO BUY DOGECOIN GUIDE UPDATED](https://www.reddit.com/r/dogecoin/comments/ns300y/how_to_buy_dogecoin/) – https://redd.it/ns300y

* [Such News! Are we ready for our tipbot keys?](https://www.reddit.com/r/dogecoin/comments/nw6okq/such_news_are_we_ready_for_our_tipbot_keys_ive/)

* [Cryptwerk.com is a list of many many many places you can spend dogecoin.](https://cryptwerk.com/pay-with/doge/)

* [Ledger – hardware wallet to keep your coins safe!]( https://shop.ledger.com/pages/ledger-nano-x?r=37eb5debb6b8)

* [Advice from a Gambling Counsellor](https://www.reddit.com/r/dogecoin/comments/mwrltk/advice_from_a_gambling_counsellor/) – https://redd.it/mwrltk

* [Looking after your mental health](https://reddit.com/r/dogecoin/comments/mtf2ym/reminder_that_dogecoin_is_awesome_but_its_not/) – https://redd.it/mtf2ym

* [Being aware of scammers](https://www.reddit.com/r/dogeducation/comments/n9nwfc/scammers/)

* [Another Shibe wrote a post about being aware of scams.](https://redd.it/mrq5c9) – https://redd.it/mrq5c9

* [F@H (Folding@Home) and GitHub are NOT Doge helplines!](https://www.reddit.com/r/dogecoin/comments/n6wtnr/fh_foldinghome_and_github_are_not_doge_helplines/)

* [From 7 years ago. An open letter to the Dogecoin community from co-founder Billy Markus](https://www.reddit.com/r/dogecoin/comments/1xaeue/enjoy_this_moment_an_open_letter_to_the_dogecoin/)

* [Had a few people ask me to mention this petition to get Amazon to accept dogecoin](http://chng.it/R48d6XYwMr)

Don’t forget to report posts and comments you think are not appropriate for the subreddit. If you want to discuss something specific please [message the moderators](https://www.reddit.com/message/compose/?to=/r/dogecoin)

Do you want something added here? Send the moderators modmail to discuss.

Have fun!

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**D**o **O**nly **G**ood **E**veryday

Yesterday’s daily discussion post: https://www.reddit.com/r/dogecoin/comments/ohg34d/dogecoin_daily_discussion_10th_july/

What do you think?

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25 Comments

  1. Looks like we’re slowly inching upward but that 5 million sell order reappeared again.

    I was told this morning by another person on the sub that it was just the downtrend selling point but it clearly moved now.

    Now it’s at .223 instead of .2199. At first, I thought it was just a bunch of people selling at the same price point but clearly, this is either done by a large holder or few people organizing a sell wall.

  2. Alright just saw something that hit a new low.

    Someone on twitter is now making a Doogee token. No, that’s not a mispelling, they’re calling themselves DOOGEE token and that they’re dogecoin 2.0. Their icon is literally a dogecoin but with a red D.

    They’re spamming every tag there are to get attention including #dogecoin. If you see these do the world a favor and report them in.

  3. Good evening, shibes! Well, we survived the weekend relatively unscathed. Some coins like NANO even saw a considerable rise, up 12% in the last 24 hours!

    Futures are stagnant as last week saw a lot of uncertainty in the markets. I don’t have any strong expectations either way. The bulls and bears will continue to fight as our economic future is largely up in the air.

    I myself have definitely felt the weight of inflation at the grocery store… I can’t imagine investors will take much more time waiting to come back to crypto which would welcome them with open arms. Even after all the massive selloffs, crypto is still a $1.4 _trillion_ market. Don’t let anyone tell you crypto is dead!

    Support at 18, resistance at 24.

    Before I post my “big movers” stat, let me get this out of the way since people ask me this a lot: **why don’t you post the transactions from the infamous whale wallet?** The answer is two-fold:

    1. **If those transfers are sales, they aren’t selling on Coinbase.** I watch the Coinbase exchange because it is the most active and has the most volume. I can’t watch more than one at a time.

    2. **The blockchain cannot distinguish between buys, sales and wallet transfers**. Many large wallets are part of mining operations or exchanges, and simply move coins from place to place rather than buying and selling. It’s quite possible that some of the more infamous “whale wallets” are not individuals at all but rather part of a larger network of wallets.

    Big movers:

    SELL 244,830 DOGE @ .21641

    BUY 240,725 DOGE @ .21805

    BUY 215,633 DOGE @ .21505

    Source: Cryptowatch desktop | BINANCE DOGE-USDT

  4. In total, Dogecoin’s new updates will lower transactions fees, lower dust limits, slightly increase blocksize (scale transactions), reduce the potential for transaction malleability and allow for payment channels similar to the ones seen with Bitcoin’s Lightning Network.
    So, Dogecoin is getting a much-needed facelift that brings it closer to the level of Bitcoin, at least with its more basic functions like SegWit. Dogecoin is still lightyears behind in terms of projects being built on its network, but these updates will make the network more functional and unlock potentially more interesting capabilities for the future. In general, these changes are beneficial for the coin.

  5. Doge will go back up. It always does. We’ve had cryptos for several years now and they all follow the same trend. It’s only been two months. Buy in now so you can enjoy the spoils.

ZTS, FB, AMZN, NVDA Technical Analysis

Haven’t seen this posted here. Whatever this guy just said, I like it!