Bitcoin Forum

I went to sleep last night and the price was 0.0000059 DOGE/BTC
Woke up this morning and the price was 0.0000038 DOGE/BTC - much sad much loss

What happened to going to the moon?

Edit: Thanks for the responses. I would really like for DOGE to bounce back up to at least 50 satoshi's before I sell :/
I added a poll, please vote ;)

he walked on the moon, much woof woof and now he flys back to home, landing in  3 2 1   0.0000038   ZERO !

Pump&Dump. Nuff said.

there is no dark side of the moon really. matter of fact it's all dark.

Doge had to be put down! Muhaaaaaaaa! All Bitchcoins that bring nothing nothing to the party will too"!  

While DOGE got off to a great start with infrastructure it has not really advanced much.  Doge-dice accounts for what 5% of all outstanding DOGE all by itself.  There are going to be 100 billion coins.  There is no reason to buy it, btc is going up in price, so lots of good reasons for miners to dump doge and buy BTC.

Just a few thoughts off the top of my head!

LOL at people calling it a pump and dump. It's just getting hammered by all the miners. It will pop back up soon enough. As soon as there is some good news, it will be back past 100 satoshies.

Sell it all, the prices are crashing!

Oh, wait, I'll first put my buy orders, then sell all at low price :)

it's growing.
the coin has a 500,000 reward block causing extreme inflation. It's managed to prevent price drops so far because demand was high, But as more profit-pools dump doges, there is only so much demand it can take. Market is super-saturated until the block halving or until it becomes unprofitable for the profit-pools to dump.

either way, normal.

and, it's been less then a month.

doge to the Mariana Trench

Quite easy... joke got old. It happens even to the best of them... not sayin' that Doge was even funny at start tho :P

Altcoins are only worth it if you can get them early before they get added to Cryptsy. And then you should just dump them. Made a small profit with DOGE. 5 euro's worth became 25 euro's.

still at lot of coins being produced, await block reward halving.

However doge will never die it was the first real mining opportunity for this wave of miners. They will not forget it.

Price will pick back up.

I think its doing well really considering the fact that 20% of the coins are now mined in just 1 month.

Its still running some 25Gh across the network despite its price being so low - so alot of people are still interested. New services are also popping up almost daily, the last week alone has seen:

MerchantAPI
Android Mobile Wallet
and today a Twitter Tipping Bot.

Coins looking in fab shape to me despite its lowly price and the ever increasing hate from many angles.

It has a good price even now it just jumped way ahead of itself, will return to 300 in a few weeks.

Bye Bye Doge!!

the moon has left the building

Doge needs a publicity boost or it will die a dogs death :(

Its price is hedged against bitcoin.  As bitcoin prices rise, doge prices will lower.  If you can get 1 bitcoin for 1 million doges, and bitcoin prices raise 2x, you can only get 0.5 bitcoins for 1 million doges.  If bitcoin prices lower, doge prices will rise.  Profitability has stayed almost the same throughout this drop.

Moon hits earth:

http://3.bp.blogspot.com/_p0M9IDN4_TM/TI5jn0_vHLI/AAAAAAAABf4/t1BF1zczGHA/s1600/when-worlds-collide.jpg

No big deal... hold, buy more, spread the word, attract devs, build infrastructure... :)

such worry
no no
much positive
yes yes

Sell if you want, DOGE has the support, it's not going anywhere. What people don't see is that fact that a TON TON TOn, MEGA - F*!@ - TON, of miners dumping like crazy, and it's hanging on fine. It's very popular guys, I can't even begin to list all the strides that this coin has made. It proudly represents the MOST SUCCESSFUL launch of any coin, including BITCOIN. NOW IS THE TIME TO BUY!! Get your tickets to the moon cheap!!


MUCH SMART


A few examples from the LAST WEEK!! What other new coin can say this?   HINT&***None


EXACTLY WHAT ALL THE "EXPERTS" THAT TELL YOU TO SELL ARE THINKING


A day trader


The REAL technical TRUTH

BUY OR SELL AND I'LL BUY!!

DOGE isn't looking so good...

http://www.planestupid.com/files/images/cujo.jpg

Might be time...

http://www.theawl.com/wp-content/uploads/2010/07/Screen-shot-2010-07-16-at-12.43.27-PM.pnghttp://static.tvtropes.org/pmwiki/pub/images/gears_old_yeller_done--article_image_1894.jpg

 ;D ;D ;D

 Doge is far too easy to mine way too many coins, far too quickly.

 Knowing that I only mined it for 48 hours while it was the most profitable to mine.

 Sadly the chart dictated the rest of the situation very soon after mining it.

IE: sell it before the damn bursts. Well it has already (the dang dam...).

 So now we see how much medal the doge has. Or if Doge is merely all bark and no fight?

 I will miss Doge if only because from here out it is MARKETING that drives home all winners.

 Sadly many a great coin will wither and die while lesser coins will bloom and flourish, and almost all due to marketing, and maybe merely a great name drives home at least a couple of lesser coins. Doge the name doesn't appeal to myself but to each their own. I do love Dogs and miss my dear Snoopy terribly.


 Bye bye Doge. It was fun, sweet, and far too quick.

 But it was obvious that it was far too easy to mine far too many, all too quickly. That right there may be the final verdict but if the Doge has fight, and powerful jaw it might make it yet.

 Yet this all simply means the 'water must find it's own level' per say, and that all those coins are going to find their own price level all too very soon. Don't give up hope. Maybe after a spell Doge can come barking back to better times as distribution spreads out and mining difficulty rises.

 As the price levels out I may dip a toe back in myself, but not my entire leg for which that Doge might bite for having left him once already. Or I might mine a bit more of Doge and horde it like I do so many other types. Just depends.



Caveat emptor - let the buyer beware!
 

This makes sense but bitcoin has only increased at most $100? i.e. somewhere around 10%. Doge has dropped by 30-40%

+1 for the support. I would really like to see this coin come through.

where can i find dogecoin sellers that are looking to offload?


looking to buy 100k to 1m at a time! :)

Because its a ridiculous coin that should never have been created in the first place.

Makes a mockery of cryptocurrencies, and devalues bitcoin and the other serious altcoins.

There needs to be some kind of regulator to stop this excrement being brought into existence.

don't worry:  altcoins will be remembered "before coinye" and "after coinye". 

working on it

FairCoin

https://bitcointalk.org/index.php?topic=397832.0

It might not stop the shit coins, but it may help educate people on the dangers of scamcoins.

Oh dear

http://www.independent.co.uk/news/business/news/kanye-west-gets-his-own-virtual-currencythe-coinye-west-9038055.html

It's the common case for most alt-coins ;D

 :D :D :D :D :D :D :D :D

DOGE was fun to mine, talk about, had a great community and it got off to a good start. It might recover, but I wouldn't hold my breath. It was always just another clonecoin which may have brought awareness to the market, but it brought little else.

EDIT: ANNDDDD it recovered. Looks like I underestimated it. Carry on.

LOL.... lot of haters at the same place(esp litecoin guys whose hashrate Doge stole)..... Keep grinning like idiots all you haters... Since we  have the history of Bitcoin as a reference, we know that this is normal in a cryptocurrency's life cycle..... Even a blind man can clearly see that Doge market is manipulated to death and whoever doing this can't do this for ever... Most of the Doge community is willing to hold their Doge as long as needed and we wait out this phase.. Doge is more popular and has more demand than even the Bitcoin now and has the potential to be the true 'world currency'(max coins).... So we gonna have the last laugh.... Keep hating  haters, it's really funny and inspiring....

Price is in steady decline despite the additional services..  Large holders probably don't feel very smug watching this.

Just wait for the block reward halving after 100k blocks.

everyone dumping now will regret then.

just keep mining.
price will rise if the time is right.
search for a great and fast pool with GH/s.
like https://fast-pool.com (https://fast-pool.com)
and just mine mine mine mine
and in a few month we meet the moon :)

New survey..AT WHAT PRICE WILL MINERS STOP MINING?  Seriously if profitability goes below LTC that's most miners except for the speculator/gambling type..

Yet another amusing DOGE thread...

Steady price fall means that demand is slightly lower than supply. This will likely continue until mid february.
That does not mean that DOGE is going to die.
Just look at the statistical numbers. DOGE is firmly on second scrypt coin place and all others dont even come close.

what makes you think miners will ever stop mining?  

this isn't catcoin we're talking about.  

lol

just keep mining, some people change so much that they never gonna make any money.

DOGE walked on the moon,

bye bye DOGE.

LOL

your bitcoiner.
shut up, bitcoin is like 5 years old and dogecoin 1 month we will be bigger then bitcoin.

to the moon!!!

YOU ,shut uP

at multipool-us DOGE is still mined most of the time.  I have some other small gains from other currency, but over the past week DOGE has been 95%.

As I stated many times, if you want to see what will happen to DOGE just look at the history of IFC.

Those that sold IFC thinking it was dead were sorely mistaken.

This. + increasing BTC value.

Why does everyone have a particular tendency for doom saying here sometimes? Doge has an extremely large and loyal userbase and facilities for fun such as Doge-Dice. It is a joke coin, always has been, always will be, but it has value because people enjoy trading it, gambling with it and holding it. It will bounce when the reward is halved for sure. Would I invest in it myself? Maybe not, but each to their own.

funny thing is that doge is still the most profitable

told you so,
/dev/null is the best funeral  8)

A bigger what?

Doge went to the moon already and I made... a lot (well for me anyway) off only 2 days of mining.
The price will nvr go that high again but I'll hold a few anyway and hope I'm wrong  ;)

Dogecoin is doing what coins do. Sellers gonna sell, buyers gonna buy.

Also, guys, c'mon. Bitcoin is the only reason Dogecoin exists and has any value. We're not in competition with bitcoin. There's no reason to say stupid things like "it will be more valuable than bitcoin". It won't.

Dogecoin has an amazing community, great support, and lots of people working on awesome things for it. Today earth, tomorrow moon. Be patient.

Wait for 21 satoshis/piece. Then buy in bulk.

(which is not incompatible with the strategy "dump now all for current price, THEN wait and buy in bulk")

when is the profitability going to have it's steep decline?

Please keep mining it and keep LTC difficulty at bay.

This is because the rate of production of the coins is very fast. 20% of the coins are released already after 1 month. Feathercoin has been out since what? April? and it isn't even at 10% of it's total coins.

So of course the profitability is high, the market is being flooded with coins every day. Hence the falling price.

If anything the price per coin decline in DOGE is a great example of how inflation works.

Yes, its highly inflationary now. But not for long  :D .

Wonder what happens when all the Doggies have homes?

Doge = Done

At current prices (0.00000031btc), the 500,000 per 1 min block mining supply, needs each day 223.2 of BTC demand to match that supply, each and every day to at least maintain that price. Some motivated buyers will have to come into the market to bid up the price. Given that approx 20bn of the 100bn coins have been mined, and the decline in price, it makes sense for miner to sell any stock produced while difficulty was higher into the market as soon as possible. Mining difficulty is already reducing thus maintaining the profitability of the coin at these lower prices as for each Hash the payout in coins is approx double that a few weeks ago when difficulty was higher. If you buy coins you need to understand the supply side, and you will see that the features of this coin will ensure that it will go below 0.00000010. Try doing a scatter plot of the price of each script coin in btc vs the daily supply and you will find that you can determine coins that are over/under valued.

That's going to take ages.....its only up to 42k blocks atm

http://cryptocoinstat.com/reward.php?coin=DOGE

Sell All The Doge

Doge is going to rocket back up again. Buy all doge you possibly can.

WHAAAATTTT it all about the FLAPPY!!

Oh I hadn't seen Flappy, ur right, it's high on coinwarz.com

I'm gonna mine that now  ;D

i reject all of your poll option and substitute my own

" Just keep mining . Just keep  mining . Just keep  mining ,  mining ,  mining . What do we do? We mine, mine."

If u don't sell this crap coin for litecoin soon , you will cry.

It doesn't help that Jackson turned down $500,000. That would have went into BTC, therefore supporting both at the same time... That was during the $800 to $400 fall.  

It was spun off as a cool "we don't care about value thing", but people care about value and protecting the coins they feel are special.  Which it turns out there is no cap, so coins aren't special to people any more.  I would venture to say that the majority of "early adaptors" to DOGE thought there was a cap.  The coin had SO many transactions too (remember more than BTC.) I believe it was aiming perfect @ being able to spin with a cap due to people tipping.



https://i.imgur.com/6ZTKIfh.jpg
DOGE is headed to San Diego I fear.

You faggot , litecoin the coin you cloned is the only reason dogecoin exists.

I don't have to be nice to scammers and that's all these two fucks are . This coin had only one purpose to make the creaters rich and that's what happen.

They told me in the early days they only had around 9 million each.  The one to look at about the scam stuff is going to be Dogehouse.org I would imagine... They did some fucked shit from the start and they called me a fucking shark! (bastards!)

Jackson was raising money for them from the "official" dogecoin foundation website.

I prefer to give to www.DogecoinFoundation.com though ;)

Edit:
Only scammer like thing they did was market it as if it had a cap and now the wording of their market cap is kinda sketchy (same with the Wiki ect.)  Not sure if that is "scamming."

Oooh did someone get burned. Now I get it. Well try to condone yourself with the thought of everyone paying some learning money at some point.

Please take my DOGE poll if you have a minute guys. Thank you.

https://bitcointalk.org/index.php?topic=510332.0

Doge will continue to rise as long as they stick to the principles that got them to where they are today

Like no inflation as far as I knew to begin with.. Well it may be that I'm kicking a dead doge..

Doge is taking naps dog nap takes long long time ^_^
We see the moon when you want to believe in it also doge-dice down for now much sad no invest storage
Much rage price drops
Mascot forever  ;)

It's had it's day, I think.

I spotted that there was a slow dump at 110 (ish), so glad I sold what I had, at a profit.

I really wouldn't buy into it at the moment.

The dev idiot built inflation into it. Only tumors grow forever.

DOGE got cancer.  >:(

+100

Every Doge has its day  :P


Hopefully there's another run up before it's over  ???

Imho, the community's values are more important for Dogecoin than its inflation.

What I hope will be done, though, is switch to PoS when the block rewards will be smaller. Many devs agree with this.
With PoS, the 5 Billion coins yearly inflation would be irrelevant, since it would be equally distributed between all holders.

I can see off the cuff of of this would work although the rich would still be getting richer and the poor well they wouldn't keep up.  Last I check distribution for dogecoin there was some MAJOR holders, like a few billions in wallets.  That doesn't even seem doge like.

Dogecoin is a nice gimmick coin but there are so many better coins. It was fun, time for a new billion coins coin.

Im 100% confident that DOGE price will rise to 100 satoshi again, even if it takes a year.
BTW. Next halving is 1 week away.

Doge has good community but I think days of doge are over as its also  happening with many other altcoins.

It will only be over when the community will have went away. As of now, there are still thousands of active users in /r/dogecoin, and they show no sign of willing to go away soon.

Maybe they can survive its a battle of endurance and education
Hopefully Doge doesn't have cancer but if it does then it needs to beat it and we are in for rougher times now but maybe not later.
To the moon much wow much win

its a joke. what do you expect?!

Dogecoin is over.. I'ts seen its day and was full of hype and people trying to pocket some cash who missed out on BTC and LTC.. Problem was people expected it to go alot higher than it did.

I expect those Meme loving teenage millionaires will save it in no time.

time to buy up big guys , go all in !

DOGE is rock solid long term investment in my view. Its widely used and its not going anywhere.
I started buying myself more in from 35sat. Lets see if i burn my savings or buy myself a summerhouse in a year or two...

DOGE has great community , no doubt about it but investment in DOGE is risky .

No problem. I am fully aware of the risks involving the investments and trading. I am managing a trading fund as my day job and i only invest the money i can afford to lose.

Nobody expects to be a bagholder but it happens all the time.  A lot of sad stories on this forum where people lost houses and inheritance due to investing in LTC, Doge and other alternates.

mind you too many people get consumed by greed and they ignore all the warnings.

Altcoins are gamble and you can lose money as easily as gambling. But many people don't know the risks before investing and face the consequences.

Yeah, LOL, sounds about right. Think I'll give it a wide berth thanks. :D

apollo 13: "gentlemen, we just lost the moon."

i'm forced to start pruning my doge reserves.

Dogecoin has gone to dogie heaven. After all, who expects a dog to have a long life span

Lol. What i meant by saying this is that its not going to die.

I think a lot of people are thinking similar like you.

my suggestion is take out as big a loan as you can and buy as much as you can !!!1 you will be swimming in Doge before long !

people that are anti Doge are anti fun !

people are having FUN ! on the internet !

Bit by Taco Bell Chiwawa. Much rabies!

1 doge = 1 doge

Doge was never intended to be an investment vehicle. It's true value is in it's community.

Hate to say it but we gotta admit it - the fun part of doge is what keeps everyone coming back in the end! well, its not the reason for doge to continue, but it is refreshing.....it also (I see) keeps this forum level-headed and respectful!
Should not at all be underestimated.

doge is dieing slowly together with litecoin.

The only ones having fun are the early adopters who unloaded DOGE onto the later bag holders. :D

well said haha . Only thing good about Doge atm is community and besides that nothing interesting going on.

And everyone who partake in the Doge community on Reddit!

By the devs, maybe. But every single reddit thread contains people assuring each other that they think it will turn into a good investment. Like 99% of altcoins, the price is supported by people who think it will be the next bitcoin.

The defining feature of the dogecoin community is that there is a collective delusion that nobody cares about the price. Once that's gone, the coin is no different from Auroracoin.

It's true that most people who bought Dogecoin care about the price; nobody would want to lose value on their investment.

However, the main difference between it and Auroracoin and most other coin is that the price is not the only thing which is important. Even if the value would drop further, hanging on /r/dogecoin would still continue to be fun, and tipping would go on too.

I'm sorry to burst everyone's bubble with FACTS, but:

Dogecoin STILL has the most unique addresses sending coins than any other altcoin. EVEN Litecoin.
http://bitinfocharts.com/comparison/sentbyaddress-ltc-doge.html

AND

It STILL has the most number of transactions per day than all other altcoins, possibly COMBINED as well.
http://bitinfocharts.com/comparison/transactions-ltc-drk-doge.html

There are still tons of users and the potential is there.

Any other altcoin seems dead in comparison in terms of users.

This does not even include any transactions that happen off the blockchain, LIKE TIPPING.

The price could be a pump and dump, but the userbase has stayed above all other altcoins since day 4 of Dogecoin's creation, regardless of price.

It's the #2 coin here for a reason: http://www.coingecko.com/

Facts are always welcome.

All altcoins seem to be slowly dying... Doge is no exception.

From my point of view Doge has no chance for longterm survival. It's a funny idea that will loose its originality with time. There is too much competition from bitcoin and other altcoins. To survive, an altcoin has to both innovate technologically and to have a large, highly committed community... and even then it's not sure that it will last. Doge only has a quite large community that is mostly in for the fun. That's not enough.

ya.ya.yo!

Finally, the most famous shitcoin is dead. And it should be - as it offers NOTHING.

Thanks for coingecko.com link. It looks extremely useful for long term investments help.

That's a fair prediction, but I disagree. I think that without the potential of making money, the vast majority of the 87,000 subscribers to the subreddit will leave. The true believer, or others who find the joke funny will remain, but if all people are doing is goofing around and tipping, there will be no exchange rate, and very few miners.

Without money, the joke will get old and people will move to the next fad.

But DODGE had much NASCAR.

And bobsled team. ;)

Doge is an altcoin to bitcoin, so its price is expressed against bitcoin as price pair, like all altcoins are: DOGE/BTC or BTC/DOGE. If bitcoin price goes up, dogecoin price should go down. It's simple maths. The overal value of "a doge" remains the same at that instantaneous point in time, excluding other influences on prices.

In my oppinion this coin will continue to plummet for some time, but eventually, it will reach a new price and stay there. Doge has always suffered from oversupply and a lack of real uses for the coin. Example: Most people exchange fiat to BTC and then BTC to doge. Alternatively, most people mine doge and convert it straight to BTC, and cash out to pay their power bills or to buy more/new hardware. Another example: How many shops and websites accept doge compared to bitcoin? Given the recent price drop of DOGE, if you ran a website, would you prefer to be paid in DOGE or BTC? Remember that for most businesses making money is the goal, community issues are irrelevant; all that matters is profits at the end of the day for 99% of companies.

The community is "strong" but also comprises a larger % than usual of users who (no offence) don't really know - and often don't really care - about what they are doing. This is brings a lot of good and bad attributes to this coin, which could be discussed for hours. A more important point is that the dev team is relatively large and active, and have been for some time. For most altcoins you can't say the same, even litecoin is coming under criticism in this regard.

Another thing to keep in mind with dogecoin, is there are now 86 billion dogecoins in circulation. We are at block 290793, there is another halvening at 300000. Unlike some other alts and bitcoin, dogecoin production will slow to about 5.2 billion coins produced per year (going on forever) (http://en.wikipedia.org/wiki/Dogecoin#Block_schedule) which is about 14 million per day. Currently miners are producing about 180 million coins per day. So, within the next two years, the number of doge entering circulation will drop by more than an order of magnitude.

All of these things contribute to the price now or in the future. With the issues and developments with bitcoin over the last 12 months I think dogecoin will be even more of a wild ride. With very large scrypt ASIC coming into sight on the horizon soon, who can say for sure how all these factors will influence the price going forward...

Bye Bye Doge!!

I am not so sure about that.

And some positive news about litteraly sending Dogecoin to the moon for the lunar rover races! :D

http://www.reddit.com/r/dogecoin/comments/2a0o2l/to_the_moon_milestones_2_and_more_tsg_lunar/

Doge is nothing but just a clone,every clone die someday.

Just a slow down for dogecoin, Im sure if there is some project going on with doge and it will be alive again.

How is it a clone?

No other coin has the same fast mining distribution, and it was one of the first coin with a 1 minute block time, and it's the only one which has it's 5 Billion coins perputual inflation.

Built on the Litecoin code, yes, but it's not a clone.

OK then, a 99.9% clone. Splitting hairs a little aren't we?

In fact it's a fourth generation clone:

bitcoin -> tenebrix -> fairbrix -> litecoin -> dogecoin

Hey naysayers!

Here is my DOGE address: DQXNxJnkZEcmxXwa9uZnsEpvBPrirNLuqT
Feel free to send your dead DOGEs to me. I will wake them up and sell them back to you at 100.
 

That doesn't make any sense. Why would a naysayers hold any DOGE in the first place. Surely they aren't that daft. :D

Doh. It was worth a try...


Lets speculate the price. I say DOGE will hit a minimum of 50 sat before DOGEmas and a 100 sat in next summer.
I sell half at 50-60 to cover my investment and half will be kept on free ride to 100.

Well, you have to do what you think is best. Nobody knows really.

i love facts. Those graphs are sexy. i love doge.

hope Karma start getting those numbers too.



most of you all have seen me post. I find it silly when people use the clone word to degrade an altcoin. yeah, like there is only one type of music. one type of fiat, one type of drink. one type of shoe wear. one type of clothes. one type of pizza. one type of electronics.

dogecoin and litecoin numbers are huge, thats a fact. No one comes close except bitcoin. Saying they are dead is because the price is falling is ridiculous and pure FUD.

i get it. you all think that by keep making post _____coin is dead you all hope that their community will start abandoning the coin and move over to other coin and there is more chance that some will join your coin. We all get it. its obvious. its obnoxious even. But it doesnt work like that. it only makes you all sounds like tools

I think you all should do the opposite. Embrace a coin that has a huge community. because they are much closer to break mainstream. Instead of wasting time spreading fud, go look at the charts. When bitcoin rose to $1000s , the news was good for all markets. Look at all the charts. all the coins spiked to a new high. line up all the altcoin and they all spiked crazy at the same time. Doesn't think make more sense. Help one community make the news and all communities profit.

Stop being negative and start working together!

This depends on BTC's price.
Imho, since Dogecoin attracts different kind of investors than Bitcoin, I have the impression that its value is more tied to fiat (especially CNY on bter).

If it is so, Dogecoin would profit considerably relative to BTC if a bitcoin is still overvalued (which I have the impression it is, considering that the rate of inflation is still so high).

I'd bet a few Ð on Dogecoin getting to 200 satoshi by winter and Bitcoin falling between 400 and 500$

Unfortunately coins with many BILLIONS of coins in supply are never going to be worth that much. Maybe if you wait several years...

I can assure you it works exactly like that. With the uninnovitive coins (dogecoin) it has always worked like that and always will. They are design for one purpose and one purpose only. To part you from your bitcoins.

Everyone is always going to blow the trumpet about their own coin holding, and try to steer people away from others. Here, let me show you an example:


Oh, wait.... That's you. :D

As feathercoin taught us, a community is vital yes, but it takes much much more than that.

Feathercoin has 639 members on Reddit, Dogecoin has almost 88000. These numbers are incomparable.


This doesn't make sense. Of course each coin will never be worth 1$, but that doesn't mean their value can't double.

um.... Bitcoin investors are the ones who invested in DOGE.

DOGE will NEVER be primarily tied to fiat. If you think this you are = to or > retarded as Jackson or you are Jackson.

DOGE only got off the ground because it hit the heart of early Bitcoin investors.... not so much any more.

Avoid DOGE like the plague at this point. It is "returning to mean meme" as we speak and honestly I believe this was the developers plans. In other words... I think Jackson fucked it up on purpose to match a picture that was released early on (www.DogecoinCharts.com)

Jackson continuously bashes bitcoin holders and encourages people not to hold crypto... Not sure why it would be any different for "his" coin.


And for the record... Fuck Reddit. No one cares how many sock puppets can sign up.

Quality or quantity any day of the week!

Cryptocurrencies are decentralized. Jackson doesn't matter more than any other Dogecoin user; even if he had fucked it up on purpose, there's no way the community will let it die.

And yes, dogecoin does attract different investor than Bitcoins: Those who are fed up about how Bitcoin is filled with speculating leeches, those who don't care about the libertan ideals of big btc holders, those who want to partake in a more fun and lighthearted community, and those who want to be early holders of a coin in order to live the experience of contributing to an awesome project and profiting from it.

^^ /agree.

/r/Dogecoin has both quantity (about 10 new posts per hour) and quality (if you have a sense of humour :P but there also has been a few quite interesting serious posts lately)


Cheers.

I guess I saw the other side of DOGE.

DDoS, Hacking and all types of fucked up shit.... glad you guys see it as a lighthearted community, but that isn't what made DOGE a success on the back side of the board.

I'm here for guns, drugs and rock n roll anyways.

GL with yalls stuff as always Lynn.

All of the legit communities are built-up with many different kind of characters.
Good luck to you too!

You sound absurd. It was always known that dogecoin was started for fun. as a joke. since the beginning. This made this coin fun and cheap and because of their good marketing it started growing. it was when it went into the hands of whales that it got pumped too much for the coin to sustain itself.

Just give it one more month while they all shibes stop being sour that this coin is not in 500 Satoshi range as they were promised and start getting used to the current corrected price and you will see how the community matters. once it turns into a fun coin again it will continue to grow in numbers.

just like litecoin, when this coin start making news again it sill spike great because of the amazing numbers and their coin distribution.

stop saying a 80 billion coin is dead because its trading in 30-40 satoshi. its pointless and make you all look desperate and overly jealous.


This is a dogecoin related topic. i blew that horn. how is that something you call me off for? we're talking about dogecoin and i praise dogecoin?

i do not hoard dogecoin nor litecoin but i constantly praise their community and their effort. ( i do own a million doge. but anyone can now with few $$. you can take a look at my profile to see which coin i root for mostly

calm your titties and shibe on

bingo. this is the main reason. its too much to sustain. billion coins have it much harder to sustain in buy volumes as the rare coin. However with time and as the coin go more mainstream they will overcome the other rare coins. all these coins need to do is keep having a health block chain. And we can see that dogecoin is no where near loosing their blockchain security.

look at infinitycoin. When new wave of people joined the crypto world when bitcoin spiked. you saw this coin spike up? why? because in coinmarketcap this coin was very low and new people felt they missed the train and there it was this coin that you can buy in thousands for a $

they all heard how bitcoiner regret buying the coin to cheap before to only see it worth so much now. So the see a coin like infinitycoin and rush to buy it. back then this was the lowest price coin. and with in two week the coin spiked right up.


an other factor is that the billion coins will be better distributed along the line. because the coin is immune to pump and dumps. and they will not get stuck to die at such a high price. We can see this behavior with dogecoin. Even at the top 3 coins with higher community its still was not able to keep up the wolong pump and crawled right back to the price it was trading before.

as the time passes the community is growing and the support for this coin is growing. together with billion of coin it will guarantee what such coins will slowly and healthy progress.

What are you babbling on about son?

It is not immune to pump and dump, but at least it has a community built-up for other reasons than speculating, this is something that few other coins have in commun. Which should make the pump and dumps have less impact; the community will buy and spend their dogecoins with relatively few regards to the price.

I think that's what Bitwho meant.

That makes more sense.

Doge has nice community , that's good but how long will it survive  with just community , that's the big question.

Isn't the community the only thing that matters in currencies?

Who would care about the USD if there wasn't a nation of users behind it? The government and the technology behind it are not what is giving it value.

This is not about Pump and Dump.
but this happens because the Doge arguably the Total of the coin is unlimited.
I quite like the current Doge.
What I do is, I can exchange my BTC to DOGE, if I want to move my BTC to another exchanger.
Currently, exchangers take a fee is quite expensive.
Isn't it better to lose 0.01 DOGE than 0.0001 - 0.0005 BTC?
yeah although it will be exposed to trading of BTC - DOGE, but still it would be a loss if we request withdraw form of BTC.
DOGE price is quite stable and not much different in each exchanger.
It's another thing when you withdraw Altcoin besides Doge.
You tell me.  8)

I quite agree. I also add that I believe people underestimate just how fickle these crypto communities are. They arrived quickley, something better/funnier pops up, they can disappear just as quickly as they arrived. The ones late catching on get left holding the baby.

I think that the community is well established enough so a similar coin could not steal many users from it.

It has a good first-mover advantage for communities centered on fun and light-heartness.

The quality of discussion is important, but Reddit (not exactly my cup of tea) is not the only forum where sock puppet accounts can be created.

It will die! We must all panic! The apocalipse has started! Run!

People, calm down, the worst thing you can do is panicsell, if you sell after the price has dropped you are stupid becouse;

A) You will get less anyway, so just hold on
B) Other people will earn a lot becouse of your low sale price.

Bought a lot from the 35-36. A happy bunny now...

good to buy in bulk now, doge is not dead, but needs a Resurrection plan ahead, asap.

need last having and 5% inflation to be real rise in value over time...

There is a long-term plan of implementing PoS in case the current system ends up being insecure.
Imho, a resurrection plan is not needed as there are plans in place so it won't die.

Doge may have a nice community, but it is not bringing anything new on the coin scene. I am holding some doges too and will not sell them, but dont have much hope in it for now. It is going slowly down and that is.
BR

I am confident DOGE will go back up, it's one of the most talked about coins in the media.
It will be a shame to see it dying.

It's time to put Doge to sleep. It's just part of the circle of life. Don't worry. There will be another viral meme to come along and be your pet rock.  ;D

What would be the point of arsing about doing this? Might as well let it die and start a new coin. One that isn't broken from the start.
As Doge was a joke and has no real world economy, it wouldn't matter in the slightest of course.

Im with you on this one, Dodge will survive JUST but i dont hold out much hope of getting my money back on my Dodge holdings.

Cheers
Mark

Will doge ever hit all time highs again?  ???

Just out of curiosity, and being too lazy to go back through the graphs what was the all time Dodge high ? and when was it?

Thanks in advance

Mark

Mid february at around 300 satoshi.

doge is a scam man. everyone is paid fiverr poster

This thread is sort of outdated, but why are you surprised at a sudden change in altcoin prices? Of course it will be volatile.

Is implementing PoS definitely going to happen, or s it just being discussed as an idea at the moment?

Think this could be the end of doge to be honest and any one who sells now is probably going to be better off doing it sooner rather than later.

Opinions, opinions, opinions. Do you have any evidence to back that up?

i dont think it is the end of doge. it already went down once and then back up be patient doge has many advantages

Well, sort of. Patience doesn't work when the coin is so far failed beyond hope. I don't think dogecoin is there yet though. It's still trucking along. :)

Do you have any evidence to show the opposite?

no, i dunno what i was thinking to use such a strong word. i guess i meant to say having billions of coin is hard for whales to fake pump it that much. since once the news break out that the price rose it will be met with massive sells orders before they can pump too much.

we all saw how wolong pump got crushed by sell orders when he tried to pump it back then. or so the rumors was going around that it was him.

i like to look at numbers .. http://bitinfocharts.com/comparison/transactions-btc-ltc-doge.html

price might be dipping or as i say re correcting. Dogecoin is doing well pushing mainstream. also they have healthy transaction movements. looking at their top 100 wallets you can see huge numbers of coin distribution to massive numbers. almost as big as litecoin's

so while they are stalling now, one good news and you will see a lot of people running to invest. even if not. all those numbers show that there will be a lot of buying pressure from their community and this coin wont loose value easy.

It's only discussed for now, but if PoW does get insecure, developpers seem quite willing to make the change.

While PoW has it's downside I really don't think switching to PoS is the solution.In less than a year will have a new algo better that this so better wait till then next big change.


Take your pills before posting please , not afterwards.

Was there discussion about lowering the inflation rate? Has anything been decided about it yet?

I believe that PoS would solve the inflation problem. If the inflation is equal to the interest that every user would get, then I don't think there's any good reason to lower it.

Is it currently 5% a year? That would mean an extra 5 billion DOGE's a year once its reached 100 billion.

Yes it is. It will still be lower than Bitcoin and Litecoin's inflation for the next few years though.

5% inflation rate was a stupid mistake, the time they decided not to fix the mistake was the time when Doge's long decline started.

I thought I heard a rumor somewhere that the devs were reconsidering the 5%.

Yeah some are reconsidering, but it doesn't seem to be the majority of them.

You can follow discussions by the developpers here: http://www.reddit.com/r/dogecoindev (http://www.reddit.com/r/dogecoindev)

Thanks for the information, I've not been keeping up to date on this.

A free support group thread has been setup here:

https://bitcointalk.org/index.php?topic=708729.0 (https://bitcointalk.org/index.php?topic=708729.0)

Good luck. Hope it helps you find the strength to carry on.

Hmm an altcoiners semi-anonymous
That's got to be a world first somewhere wonder what the future has in store :)

Yep.

Someone just needs to fork this bitch to have a strong cap @ 100 bil & merged mine with LTC (could even dual algo merge mine like HUC does with SHA-256 and Scrypt...)

I had some hope for DOGE when they were discussing lowering the 5% inflation rate, but I despaired when they decided to leave it at 5%.

Yup yup, though having at least some inflation might be beneficial than simply a hard cap/PoS at 100 billion.

You two are both ass backwards...

It needs to be 0.

Honestly the damage is done.

This coin is shit out of luck I fear :'(