Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Dsellerz on May 31, 2014, 12:29:10 AM



Title: Why is DOGE/BTC in such high trade volume on Cryptsy?
Post by: Dsellerz on May 31, 2014, 12:29:10 AM
I'm new to the game, so forgive my ignorance. But why would something with such a consistent downward value have so much action?
https://www.cryptsy.com/markets/view/132


Title: Re: Why is DOGE/BTC in such high trade volume on Cryptsy?
Post by: ultimatebob on May 31, 2014, 01:37:14 AM
The /r/dogecoin folks on Reddit are probably cashing out a bunch of DOGE so they can buy some more NASCAR advertising.

Those paint jobs and racing suits aren't cheap!


Title: Re: Why is DOGE/BTC in such high trade volume on Cryptsy?
Post by: sorryforthat on May 31, 2014, 01:58:02 AM
Considering the big drop in price, alot of people are possibly in a panic sell frenzy.


Title: Re: Why is DOGE/BTC in such high trade volume on Cryptsy?
Post by: digitalindustry on May 31, 2014, 09:08:17 AM
The /r/dogecoin folks on Reddit are probably cashing out a bunch of DOGE so they can buy some more NASCAR advertising.

Those paint jobs and racing suits aren't cheap!