Bitcoin Forum

After looking up reddit, bitcointalk and other sites, i got the following facts:

Halving will happen around 12th Feb

0.00000159 BTC/DOGE
Last trade price on bter.com

1200.415   ( 80 to 115 GH/sec)
Current difficulty

85409
Blocks in chain

And 42.5 Billion coins mined already... ie. 42.5% is mined now

And a cool community @ reddit...

And a 325% increase in price in the last 30 days...
(change: +338.04% | high: 0.00000242 | low: 0.00000025) Cryptsy, yottabyte.nu

And more websites accepting dogecoin (eg. doge-dice, bit777, etc. look up reddit or original bitcointalk post)

And i just changed my signature

Shouldn't I buy dogecoin with all my bitcoins??
I am currently 50% invested in dogecoins

4 addresses holding 27% of the current DOGE.


If you think a community out of 14 year old people is cool, then u're probably right.

If I knew that answer wouldn't I buy 10BTC  worth of DOGECOIN. No one can predict future! Use your own judgement.

Well the community is cool and optimistic. They got a lot of people to accept dogecoins and raised funds for various things

My judgement is to buy them and i am willing to take the risk. But i think i should wait till the last 2 days before halving and see how the market reacts before buying into it

So after halving, if the price doesn't go up significantly, we will only be able to mine half as much with the same GPU power? This could definitely affect a lot of miners willing to mine DOGE.

no - 6.5% (12B) mined in the first 3 days.

14 x 7 = 98

           much cool

      very shibe

LEAF had a blockhalving, and so did the price :)

No guarantee for rising price after blockhalving.

I am probably about 80/20 doge to bitcoin due to the recent rise.  I keep meaning to correct this to 50/50, but I just can't quite do it.  February should be a good month for doge, especially if it gets a few mentions in the Olympics coverage.  Currently demand is easily eating up the huge supply and I don't see demand diving anytime soon.  Keep an eye on the daily changes in addresses.

That said,  the bitcoin charts are equally impressive.  Check this chart out:

https://blockchain.info/charts/my-wallet-n-users (https://blockchain.info/charts/my-wallet-n-users)

You wouldn't think it from the price, but bitcoin is on an absolute charge in terms of the number of new wallets being created.  I am not sure why considering this is all after the negative news from China and fall from its peak, but something very interesting is happening.

Yeah, i am 40- and i too like the community :)

Buy in 2014 doge will bark a lot ... such noise ;D

easy bark ..

http://www.youtube.com/watch?v=NavVfpp-1L4

;)

Do not buy. Sooner or later it will go down, cos its joke coin. You can mine it, but do not buy. Buy solid coins like Infinitecoin.

It was a long time since some alt coin received this much attention

so if the blocks halve it makes mining harder...so many miners will switch to a different coin right?  So, less demand/interest for DOGE?  Price drops?

wait until it's less than 80 satoshi each                                                                                                                                                                                                         

don't buy!!!! buy into something that is a store of wealth, there is enough currency coins, you want commodity coins, bitgem, diamond cryptogenic bullion, bitbar protoshare etc coins that are made to store wealth rather then be a currency, there are a thousand of these already, you wanna make money or you wanna make MONEY!!! bitgem, diamond, crytogenic bullion, bit bar is a bit high now so is protoshare , but these  first 3 are ripe for the picking and all 3 can easily reach 1k per coin, i am holding all 3 of these as well as many others, but these 3 have very competent dev's the community is smaller then some but strong, and a lot of great thinkers getting involved, lots of projects in the works, all are pow+pos coins, rare, and fast, but still secure, these are not cryptocurrencys in my eyes, they are cryptocommodity's  seriously you will kick yourself if you miss out on these, but do what u want woof woof or whatever you all say

dadon has a point.  Now that we know there will be infinite doge there is little reason to buy them other than to use them for something.  So if you are looking to do something with your doge, then by all means buy away, but just to hold I would not be as optimistic.

The block reward halving should help with the dollars per day needed to sustain the price of doge but bitcoin seems a better "reserve" currency now given that it's amount is fixed, e.g. it makes sense to hold bitcoin and not use it, while doge is the opposite.

So I think your plan of waiting a couple of days is a good one, but I'd lean against exchanging BTC for DOGE, as someone said, no reason why you can't mine it though.

There has been a lot of hype around doge lately & the winter games should offer some really good positive publicity so u never know anything possible these days.

Russian government hates crypto's and there is no chance in hell they are going to Evan mention it, but get your hopes up, i'm only trying to warn you, i have nothing against doge community you all just wanna make some cash, i understand, but doge is not where your going to make it, plenty of better choices, be a Shepard not a sheep, please

The Olympics is a world event, If Russian media doesn't report on the topic wat does that have to do with the rest of us. As far as im aware Russia doesn't control the worlds media. Also im definitely not advising people to either buy or sell doge, just stating that it will definitely get mainstream media coverage over the period of the games for obvious reasons, surely u can agree on that. 

coinmarket cap show $ 51,162,867

started as a joke but doge is too big now.

it just wont

it just cant

go down.

L...O...L... YOU ARE DELIRIOUS

To the OP. Just use the common adage. Spend only what you can afford lose. In either case, you're really just gambling. That's all.

I actually agree. The community is HUGE , i hated on it early on in the doge thread and didn't mine very much at all when it was easy to. However it was a one of a kind coin. It was the FIRST huge coin for the new wave of miners that swept in. They will always remember that coin and i think now it will be around for the long term. It won't ever happen again. Will there even be another wave as large as the last? I mean gpu's were out of stock for weeks. People at my gym mentioning LTC?

I have gradually traded in and out and increased my position. I am banking on it rising nicely long term.

Scary to hear 27% held my 4 wallets. That's a lot of doge :)

Doge will not last. Never buy, only mine.

I was wondering the same thing...

the halving happened with BTC, but then deflation occurred.

Will all depend on whether there are more whales trying to increase there positions than there are whales holding to sell when the price increases.
There was some whales trying to buy a few hundred million yesterday... If they got all they wanted I can see them pushing the price up

Dogecoin will go up after the block halving due to supply decrease.

And within next few days, second halving will come, and then the third, so they will mine as much as they can.

I am buying as much as i can.

Take a look at the network hashrate. it reached 250k
http://dogechain.info/chain/Dogecoin/statistics