Bitcoin Forum

Now with all those shitcoins, it looks like nobody cares about Doge, at least they are not interested to pay a lot of money for Doge, and this will happen with Darkcoin too, as the hype will move away to another new coin. So basically there will only be one coin that is worth investing and that is BTC

The only "good" thing doge had was the large community behind it, thats why it might just fall when people lose interest \ the joke is too old.
A good coin to invest into is a coin with a "technological" value, that can't really go away.

BTC is not worth investing in truthfully.

Even if you bought 500 Bitcoin at $500 and Bitcoin were to reach $1,000 in the next 6 months(which is very unlikely without Mr trading bot willy), you'd only have make double your investment...

In Altcoins you can put in $100, and then the coin goes up 50x within the next 2 months, and youve made $5,000 off that original $100 investment..

Bitcoin is useless for investing in...from an investors perspective.

I wouldn't say bitcoin is useless for investing. With so many user around the world and large corporations showing interest, it is the safest crypto for investment. Altcoins offer explosive profits but successful alts are few and far between. You may get 10x gains from one alt while you write off investment for 10 others.

It's the safest, but investors who actually want to make money don't opt for the safest. Safe investments are for those who want to make a moderate income monthly/yearly without having to worry about their investment crashing etc.

That's why you do Research for any alt you invest in.

buy some unobtanium. It is very oversold right now after a lot of stolen coins have been dumped for months.
Community is good, network is good, coin is good and rare. Huge potential. Just sayin'. Check the thread.

It is also one of the very few altcoins that is not instamined, flashmined or premined. Pretty good to invest in and now big upside-potential since the dumps of stolen coins should be over now.
It won't go away anytime soon. Good for longterm investing also.

Wow, so much logic.

Easier said than done.

In the world of investing 200% interest in a year is insane. Bernie Madoff ran his Ponzi at 10% interest per year. Think about that for a second.

Investing in altcoins is more about luck than trading skill in my opinion.

Alts are way too murky for my liking. It's far too easy for a coin of one's choice to be murdered by crooked developers or pumpers.

BTC is in the same boat to an extent but true fundamentals are gathering pace by the day. The returns may be less sexy but it's the only one of its type right now.

in a REGULATED Market.
He was forced to run his scam with the *perception of following laws.
and he also started in 1960.. long history there
http://en.wikipedia.org/wiki/Bernard_Madoff

not sure where you got 10% interest from but comparing those tow things is dumb.
for one thing if an investment rose 200% who is to say it's going to do that every year ?
pointless comparisons.. never compare Regulated Markets with Unregulated markets lol

and about Doge..
I called it long ago
by myself as ALL of you out there Trolled and fought me over it.. i was right and i told you all so.
time to wake up and use common sense and not be blind or deceitful because of money period.
i said long ago it was nothing a but a stupid clone coin with a new icon and name.. reality check.
and community my bloody ass..
the so called community is / was brats with ADD and GPU's etc they sold off months ago and moved to other coins
and i pegged it to the day in advance and posted a graph on the day it started going down hill proving it.
once mining profitability was on par with any other coin it was game over..

So what i mean is it won't be going anywhere near what it was way back price wise.
we might have some fluctuations in price to make a bit of money but that applies to any coin.
It has no future and yet i am again bad mouthing this coin and all week long i am stuck holdings some of the crap coins too (while i bad mouth them)
i bought some to arb some coins and sure enough as usual as soon as i get my coin i bough the god damn price tanks hard on me.. figures  ::)

reality is people are only interested in fake little so called pumps and daily clone coins to pump and dump
that is your Doge community.. well at least the ones that stuck around after selling their gpus while back after hearing about Scypt Asics coming etc.
sold my GPU too..

is there a more profitable coin ?
then it's dead and 99.99% of people will say a bunch of lippy bs and quietly move to the one that pay more..
all the shit talk on a forum means squat.. money talks
and no one here cares anything at all about supporting Altcoins.. they care about Shitcoin to Bitcoin To Fiat
and if they say other wise they are lying through their teeth.

He was the one saying that a 100% gain in 6 months is something to scoff at. I'm certainly not making any claims about bitcoin performing at any level over any amount of time. But I was just pointing that out to highlight how silly the statement I quoted was.

Also that there is no coin limit drives price down alot.

Yeah, even if the supply inflation at the current time isn't drastically different than some other cryptos just the psychological impact of unlimited coins is something that I believe turns people off.

You have a portfolio worth a few hundred dollars, which consists principally of darkcoin.

You're not really making me think, "hey, this kid has a point".

Though the Doge hasn;t given up fight yet, BTC will always be the primary coin, its always smart to invest into doge, or darkcoin before it gets big, but its hard to tell when it will.

this guy buys bitcoin sells all at $30.00 buys back in at $600  careful who you listen to


listen at 15 minutes and 30 seconds, mentions selling all his bitcoin for about $30

http://www.youtube.com/watch?v=YLoVikMXBeA (http://www.youtube.com/watch?v=YLoVikMXBeA)

It is likely that Dogecoin will switch to PoS when the block rewards will fall to the minimum dictated by the 5 Billion coins yearly inflation.
When that happens, the endless supply will be irrelevant, since it will be equally distributed to every holders.

I hope this will happen.

What if Doge only declined because it's the summertime and school's out?  Think about it... think hard... Reddit and 4Chan is full of 14 year old highschool kids and 20 year old university sociology majors.  Maybe when school is back in session they'll go back to sending Doge meme texts and buying the coins?

 ;)

Haha, interesting theory!
However, most of them probably work during the summer, and thus they should have been able to buy more Ðogecoins, not less ;)

man you people I swear, have you ever considered looking at all the other coins and see what they are doing while one coin you are watching is doing something? can you really not see patterns when they are so obvious or do I have some super power that lets me put together these patterns??? Doge, is only going down because this time of year all the coins value goes down too, but that is all I am telling lol I am not responsible for holding anyone's hand through things, I have one person I know pretty well that I help and he has made coin, off my help, but that is as far as I go, I only help people I really really really know well and trust lol

Dogecoin's price has been going down considerably more than most of the major coins though.
However, I'm quite sure this is not the end and there will be an uptrend soon, perhaps near the next block halving in a week.

the block halving game, lol, there is going to be some change due to the halving but it will not be what everyone keeps expecting ha ha.

So, what are you expecting?
It's a fact that multipools are dumping tens of BTCs worth of dogecoins every day. In one week this will be reduced by half; this can only be good for the price.

Sure, fears of a 51% could surface again (even though half of the current hashrate would be 30 gh/s, which is still very secure), but this won't be a long-term problem since the community and the devs are ready to do whatever it takes to save the network if it does get in a dangerous situation (ie. switch to PoS.)

doge is a perfect medium to build poker/gambling sites on.  people are more willing to part from it due to its inflationary model.  

i think doge pker sites should make it possible for people to buy doge from them using credit cards.

Lmfao, in case you didnt notice. Dogecoin has no coin limit, it has an unlimited amount of coins that can be made. It's inflation is through the roof. Because it has an unlimited amount of coins is why the price is going to 0 soon. Like 50billion dogecoins are made everyyear am i right?

Dogecoin is stupid as shit, with its unlimited coin supply, youll never see this coin rise about 1 satoshi when it hits that price in the next 3 months.

The last block halving didn't make the price go up, this one won't either. It will continue going down.

The first two block halvings made the price go up considerably, when inflation was quite higher than what it is now, and when the community was smaller with less merchant involved. Imho, these are enough reasons for the next block reward's impact to be positive.

This entire field of crypto currency is fresh, oh so fresh. Sure, there will be a lot of losers just like tens (or hundreds) of computer variants died in the '70s. But first, there will be hype. A real hype.

Enough to think about wagering a bet on some Altcoins. An asymmetric bet with potential high reward.

I'd take on a bet like that. I also agree, that we are very new in the crypto currency field. Bitcoin only got really noticed in 2012, before that only a handful of people knew about it.

No.

Agree just look at:
NXT have ups and downs 1st 100% premined. 0% inflation
BC 1st pure POS after short POW have ups and downs no cap at end low inflation
BTC,LTC,Doge also rides ups and downs.

Coin limit don't change a lot believe me.

Clones of POW act same as POS newbie devs are spaming them and they are dying slowly.
Crypto had so far hype circles:
1. no ASICs  scrypt LTC hype coin circle - LTC mas clones 100+ clones – Mega Earth Lotto Leaf…
2. Fun community billions coins DOGE hype coin circle - no ASICs LTC mas clones 50+ clones – Flappy Moon Catcoin Fedora
3. POS coin started by Blackcoin hype coin circle – currently 70+ BC clones WC CINNI VRC (even 50+ didn’t even  removed Chinese 黑币= Blackcoin from wallet)
4. Anon coin hype started by DRK pump  - 20-40 new coin want offer or are offering anon. Cry Cloak XMR XC VRC...
5. What next ?

My type 1:
NXT forks Node NFD2 or wide distributed java POS NEM…

My type 2:
E-gaming coins:
Minerals (currently in pump 1m market cap today) – LOL…

5 Billion, and from start till now 84Bill Doge are made, so I wonder what will happen when Dogecoin hits 100b cap

I make some calcuation in exel fo you :P...
How doge till 2020year is better than BTC and LTC enjoy:
surce:https://en.bitcoin.it/wiki/Controlled_supply

Doge inflation i counted on my own:

https://i.imgur.com/AnzBfvm.jpg

Just one thing doge inflation is decreasing soon doge will be like POS coin with active mining.
If diff will be low they will be force to switch to full POS going BC way turning of POW to avoid 51% attacks.

change doge algo and things might be diffrent. Scrypt seems to be dieing..

Doge is done.  The next halvening will really put the hurt on it as more and more miners will be getting out.  But that isn't even its real problem.  Its problem is that there is NO DEMAND for the coin.  That is why the price continues its steady decline.  

I think its the community that ended up killing it.  The reddit sub is full of a bunch of wannabe hippies posting pictures of doges, moons, and other general bullshit.  No one is ever going to take that coin seriously.  That is the main reason behinds it's demise.  It started off from a joke and its still a joke.

+1, it's also doge's inflation. It theoretically has an infinite supply of coins, thus it has no value.

Doge is a Shit coin.

The only thing why Doge would raise so much before its all about the rumors

and the most important Dooglus make a dice site same as JD that accept doge , thats when the coin raise .

Uh, there was the whole spike to $35 in June of 2011 and the Federal Inquiry into Silk Road in September of 2011. If anything, there was less aggregate attention to Bitcoin in 2012 than 2011.

Anyhow, I digress, I do agree that the crypto-currency paradigm is still quite young and that there is a lot of untapped potential. The difference is that crypto-currencies haven't pushed into the mainstream collective like computers of the '70s. In one sense, we can say that the amount of dilution in this scene is either premature or we'll be in for a hell of a ride in a few years.

Yeah for sure. In 2011 there was lots of attention for bitcoin. The original $30+ bubble was big news. The emergence of SR had congress people making public statements against bitcoin and everything. It was a hot topic. 2010 is where bitcoin was semi unknown. If you were on the internet at that time reading forums and such you might come across the odd mention of the white paper or the pizza purchase, but other than that there was very little about bitcoin being circulated.

In 2010 I thought bitcoin was a cool idea but not much more than that. By 2011 it was "Wow! This is the real deal."  and I'd imagine that the vast majority of people in the western world who were tuned in to modern media sources had heard of bitcoin.

in 2012 things really cooled off. The only things I really remember happening of the top of my head was Satoshidice and the pirateat40 scandal. The pirate thing did get some mainstream media exposure due to the amount of money involved. But it was a slow year otherwise.

You lost all credit with your ltc thread deleting counter arguments etc You have the worst logic, i would go as far as childish.

His self-moderated thread was bad indeed, but what he says is true; most investors involved in crypto-currencies are risk-takers who aren't looking for a relatively safe investment. That's why Bitcoin is not the only crypto that has a future.

It's almost a requirement to be a risk-taker to invest in bitcoin. And especially in alternative coins. I don't think that too many risk adverse people are going to be investing in cryptocurrencies anytime soon.