Title: A proper and golden future for DogeCoin Post by: coin1234 on May 16, 2014, 09:06:29 PM Dear miners and fans of Dogecoin digital currency Im Alex, one of fans of Dogecoin. It s a long time I've been thinking about an important issue worth to be talked over you that we can go an important and positive step for our popular currency. I'm working on the Forex market since 2005 and it s about a few months I got familiar with Bitcoin and other currencies. Now, due to sharp drop in the price of Bitcoin and other currencies and also entrance of numerous other currencies into the world of virtual currencies, we are somewhat get away from truth that is applying currency for the market. In fact, I think that instead of providing new templates and currencies, we should try to introduce this proper and appealing exchange system for everyone that the market formed as soon as possible. Currently, Bitcoin and its team as the mother of currencies have performed suitable movements for use of Bitcoin in other markets and if you desire, we can outgo other in this area! Where DogeCoin trades and what market is the best use of it? As a Forex trader who has about 10 years experience in Forex market, I think the answer is Forex market. Forex is and will be the best and most ideal place to start and golden growing of Dogecoin. Forex markets is undoubtedly one of the best and busiest market in the area of Internet that thousands financial transactions between traders and brokers on a daily basis across the world will be performed and why not Dogecoin in between! In Forex market, from one dollar to thousands of dollars are transferred between traders and brokers daily and we can introduce Dogecoin as a method of deposit and withdrawal in Forex market and we are one of the leading currencies in the consuming market in this context. Encrypted currencies in the Forex market Now, several famous and important Forex broker buys and sells using Bitcoin and litecoin (and even deposit and withdrawal), and this is great. Bitcoin and litecoin cannot be successful in this area (withdrawal and deposit as a currency) because the value of each one of them it is not appropriate to do this at all. It means we need a currency that one or ten of it costs about 1$ or a ratio very close to it and its very appropriate for traders if we imagine that Dogecoin price be close to above prices. I think, in general, 1$ for each Dogecoin is a dream and inaccessible, but 10 cents for each Dogecoin or each 10 Dogecoin equal to 1$ is accessible and is a very good and coefficient value for Forex traders. Overall, the story is much more and the action is more than it! Before anything, I need to know the agreement of fans of Dogecoin for this golden movement. Title: Re: A proper and golden future for DogeCoin Post by: Bit_Happy on May 16, 2014, 09:14:14 PM Hi, I like DOGE but part of your post makes no sense.
Could you please explain more clearly why Forex deposits/withdrawals in BTC and LTC "is not appropriate to do this at all"? If you want to deposit ~$5,000 USD into your Forex account, then you send $5,000 worth of BTC, LTC (or DOGE) ...but DOGE offers no real advantage, except for lower fees and fast transactions. For large amounts of money, the BTC fees are very low and there is no problem using BTC, correct? Title: Re: A proper and golden future for DogeCoin Post by: knightcoin on May 16, 2014, 09:18:06 PM maybe doge is more suitable for scalping .. because of lower fee ..
Title: Re: A proper and golden future for DogeCoin Post by: Bit_Happy on May 16, 2014, 09:29:52 PM maybe doge is more suitable for scalping .. because of lower fee .. For people playing with a bankroll of literally $32 (for example), then DOGE can make a real difference. BTC fees are currently less than 5 cents, so almost any pro scalper can probably handle that cost. The last time BTC cut fees was a huge reduction, and ~5 cents is awesome. :) DOGE fees of under a penny are attractive, but is a ~4 cent difference enough to create a viable niche? Title: Re: A proper and golden future for DogeCoin Post by: knightcoin on May 16, 2014, 09:45:24 PM maybe doge is more suitable for scalping .. because of lower fee .. For people playing with a bankroll of literally $32 (for example), then DOGE can make a real difference. BTC fees are currently less than 5 cents, so almost any pro scalper can probably handle that cost. The last time BTC cut fees was a huge reduction, and ~5 cents is awesome. :) DOGE fees of under a penny are attractive, but is a ~4 cent difference enough to create a viable niche? I don't know... I was just trying to figure out what op wants to say :P |