Bitcoin Forum

Well who didn't see this coming ;D...If you bought a few million at it's floor of 23 Satoshi you got a nice chunk of change. Feelsgoodman.

Why is it exploding right now, and for how long?

No it's not. It's on a steady climb. There is a difference.

Smh. Why anyone would clone bitcoin is well beyond me.

It's at 44 satoshis right now, not bad!

Could be pumpers or could be natural correction to real value, nobody knows. We shall find out soon enough....

happy for the "doge" comeback . Hope it lasts and continue the rise.

I think the same way that at the moment we can't say whether is a steady growth or pumpers. I'd like to think that the first is true as I am about to invest in Doge now.  My forecast it is going to grow by 50 satoshis by the end of next week

Perhaps just a minor adjustment caused by over-pessimism. I fully expect the downward trend to continue. Personally if I was holding I'd be selling at this peak before the next decline.

Better for Bag holders, they can sell now.

Its time to buy doge.!

The real sleeping giant is guldencoin. :), but great to see a coin that has use winning the day over bullshit gadget coins with no future.

Is it? Surely the time to buy was before the "explosion".  ;)

buy high sell low

You should Bookmark this.

Doge is exploding? So that's why people are unsubscribing their subreddit steadily for more than 2 months in a row?  
http://redditmetrics.com/r/dogecoin

Best advice ever !

Just let me know when it is low or high...  ;)

Doge will die. Its only small pump.

So Doge blew up? Is it in pieces?  :D :D :D

what's happening to dog ? too tired to follow, another pump ?

was 1 exchange that had DOGE/USD where the price was at $.05 per DOGE, it was pumped up because of it. Once CMC took it off, the price dropped back down.

Doge supply is too high, there are tons of new coins created everyday so the price can't be much more high than the current one.

Probably just a death rattle.

Doge has a block reward reduction coming up at the end of this month or start of next.  It still has a community, diminished sure, but it is still active.  The addition to allow auxillary PoW will ensure that it is a survivor, at least as long as there are alt coins.  However, why this week, I really don't know.  There is a good discussion of it going on over on the announcement thread.

I'm not sure how doge gets past No Limit Ever and Too Many Coins but it seems to have gotten some traction this week.  Go doge, stay away from that pink needle!

manipulation is easy in crypto if you have some btc. In the beginning had an extremely high manipulated value. So everyone dealing with it now have to be careful about that point. The community alone can raise the price, you need whales and with whales you better watch their if you don,t want to get burn.

Agreed!

Shiiiit! People is still pushing country-coins, that fad is long gone...

Whoever mentioned people unsubbing from doge sub-reddit - it has 4+ times more users than litecoin sub-reddit has accumulated in 3 years.

100% price increase in 2 weeks clearly is "pump and dump", I expect value will be very volatile and price will be extremely low for a year until there will be enough businesses supporting dogecoins (cannot buy pizza, cannot book hotel with the coins without intermediary - yet) and there will be real capitals (instead of faith) supporting its value. In the long run I expect doge to replace litecoin as number 2 currency due to much more active community (https://i.imgur.com/g5YaBp1.png) and usage of the coin for various tipbots in social networks. If anything it's social networking that can make a currency popular. Also besides dogecoin none of other currencies have any sub-culture behind them - I couldn't believe my eyes when I've seen adults using "shibe talk" to communicate in EVE Online.

TL;DR I will buy more after drop.

dogecoin going to 100 again

Why any sane VC would invest in dogecoin?

The Chinese buying up Doge yesterday and today. Volume was higher yesterday on BTC38, but still impressive today. http://coinmarketcap.com/exchanges/volume/24-hour/

What do you think is it a usual pump or a steady growth?? I am quite impressed by what happened yesterday

Explode? No more Doge?

totally agree.

people who aren't agree, just need to sell their money.

Doge is switching gear next week, next stop - 100 satoshi.

Explain.

Probably now the doge community will make some funny video about this rise :)

I sold my DOGE @ 86.

Would have hold on. But too much anti-altcoin people  :(

Is there some reason why Doge should explode right now? I can't see any sign at all for your assumption.

Please would be nice.
https://bitcointalk.org/index.php?topic=361813.msg8697203#msg8697203
Oh, and 100 sat most certainly won't be next week, if you misunderstood, but will be before Christmas, I am betting on it.

Perhaps something to do with it being forked to allow merged mining

Anywhere I can short Doge?

doge was sleeping and now wake up
turn 250 again

https://ripple.com/wp-content/uploads/2014/02/doge-rocket.jpg

Maybe it's only a dead cat bounce after months of downswing but I hope it will go to 200 sat.

Question is will Doge be able to reach its ATH of if its just a small time pump.

The doge novelty hype is over. Get over it.

Doge is a cool tipping coin, but will it hit 200/300 again, don't think so. 100 maybe.

It's like Schroedingers Cat. dead and alive at the same time.

Dogecoin will be around in 10 years, can't say the same for many other coins

Pretty soon Doge is going to have the lowest inflation rate among the major POW coins.

It would be very interesting to see how it goes from there.

Why, have the devs changed it's inflation rate?

By the end of the year, the new coin generation rate will be 5bn/year, a 5% rate will be much lower than BTC & LTC for many years. 

rare are anti altcoin

The price seems to have peaked and now is dropping a bit, if it will recover expect 100$+ values.

Wow there's a lot of bagholders here.. and you guys really hope that DOGE will reach 50 sats ?
No it won't.. sell before it's too late

as long as the community keep backing the coin, 50 sats can be done. With the halving coming, there's a better chance for doge to reach it. Let see if it will.

It is not just the social community but the dev community, they by far the second most devs of any crypto currency. I like Doge's chances.

It has potential to replace Litcoin (as number 2 currency) which has approximately the same functionality but less activity behind it. I've already seen examples when businesses start to work with bitcoin and dogecoin and ignore litecoin. And since bitcoin is relatively stable now only dogecoin has long-term (1 year) potential for substantial growth from "noticeable" currencies.

So I'll buy some when price will drop.

fuck i hate that term.. jeez Oct/Nov a flood of guys showed up and made up whole new terms for shit around the scene..

it's called Arb'ing.. say it right !

if you have to ask you shouldn't be doing it in the first place.
and if you weren't so noob you would have googled it and found dedicated arbing sites that give you info etc
not that i looked but some guys told me on Cryptsy chat about them months back.. arbing for noobs LOL

uhh where can i make 1000% profit and and uhhh how can you trade my coins so i can buy a lambo ? uhhhhhh what should i buy ? duhhhhh LOL

NO.. that is just stupid .

Doge is just a crypto with a cool image. People that are new to crypto can play around with it and not have to invest a lot.

People shouldn't see Doge as an investement. Bitcoin is an investment.

I think for tipping (for instance a restaurant) it can be very usefull.

Doge is to stay, because it has a community involved puts a lot of work in the coin.

It's a funny statement. Both Bitcoin and Doge are exactly the same minus a few technical differences of no importance. Both have an equal chance of being thought of as investment.

Agree, just doge coin is high risk investment and bitcoin is lower risk..

Doge has a higher risk factor, but also higher potential returns which counterbalances the risk. I would imagine the risk/reward ratio is actually lower in Doge at this time than in Bitcoin.

I guess Bitcoin is a better long term investment than Doge. I guess Bitcoin is likely to be here in ten years, but Doge might not be here.

dogecoin is going to down

no just no

Doge is a fad and is not going to last
However its legacy will last which is the criticality of a passionate, helpful community

quoting you for posterity. My prediction Doge will be one of just a few worth anything in 10 years.

Dogecoin community is too strong and committed no way it will go down.
It will definitely go up to around 2-3$ Per 1000 doge Im not so sure if it will cross that price mark but its enough to benefit all shibes and not that far away either as it was at that rate back in February

*facepalm*

It looks like DOGE is breaking out again tonight!

I've got my targets set at 90 satoshi for this run-up!

https://i.imgur.com/3S6DJOj.png

Dogecoin hashrate spiked from 70 GH/s to 570 GH/s and keeps growing after auxPoW feature was introduced. The hashrate could soon be exactly the same as Litecoin's hashrate as pools can mine both coins without any trouble simultaneously. Which effectively makes all 51% FUDsters shut up. Now that the only advantage of Litecoin is gone, and now that it can never compete with Dogecoin's marketing advantages and huge active community, Litecoin's days are numbered. By the end of 2014 marketcaps of both will be equal, if not sooner.

Nice, it is more secure then ever.. no more 51%..

How is it that Litecoin miners are not just dumping their doge as they mine it, i am not understanding this run up. I thought it would be the opposite...

They may be dumping it alright, so what? The block reward is low now and not enough to overcome buying pressure. Well, it's too premature to say that the buying pressure is large, because price is rising slowly, but at some point bulls will be stopped for a while.

I am not understanding who is buying this coin? Volume is third of all coins, which is a lot... I get the community, but the community in general has no money. So what are any big players thinking on this right now.

I am actually a fan of Doge but more from the standpoint that I don't think the coin is going to go away, not sure if I think this current price increase has staying power.

Dogecoin is seriously undervalued, look at market cap. Either that, or Litecoin is seriously overvalued. Anybody who does investing semi-professionally can stack pros and cons of both and balance the weights against each other. These are relative valuations though. Both coins could be worth zero tomorrow, but related to each other there is a large disbalance in valuation. So when you ask who is buying Dogecoin, first ask who is buying Litecoin and why? Because it makes zero sense to buy Litecoin now when you have a better Scrypt coin (better = better in qualities and much undervalued, two main qualities are marketing achievements and activity of community). I believe LTC and Doge disbalance in valuations will not last long, their market caps will be equal, maybe they will be equal at $50m or $100m, no idea, but they have to be, disbalances of the market don't last forever.

maybe the current runup in doge price is coming from here ??? :P

https://bitcointalk.org/index.php?topic=774058 (https://bitcointalk.org/index.php?topic=774058)

Uhhh no

influenced and motivated from here :P ???

Well i am one to say LTC is overvalued. No real world usage. However, better crypto is really a meaningless term, 99% of humans wouldn't care, both LTC and DOGE are faster than BTC, that is all that matters to most people.

I do think DOGE is going to continue this run up though. I am thinking it is going to settle in at 50 million market cap.

It's not going to settle at anything, it will fluctuate, like any other coin. Or did you mean within a short time frame? Short time frames are not predictable. Don't play those unless you're a trader with years of experience. Selecting what's undervalued and hodling it for long term is the best strategy for most people.

what i mean is that i don't see a monster bubble for doge like it had in the past. A run up to 50 million seems reasonable to me, as it has a large following. Sure it fluctuate, but when I say settle I mean take a breather.

I am by no means a trader with any experience at all whatsoever. Not that I think any experience really makes you better. The only thing that I think makes you better is information and cheating (insider info, manipulation)

Another derp bites the dust.

funny stuff

Doge is on the way to moon

and it happened today, 50 sats for doge now. Let's see if it goes higher or it will top near 50

How many sats was the all time high?

Doge is building another bubble at the moment, wait some more days and you will see...

Hope Doge keeps rising. Fingers crossed

i think it's 299 or something like that, i got close to 300 but if i remember right it never reach the 300 marks

seems obvious to me some big players tried to go all out and pump it up with massive market manipulation.
someone or someone(s) is throwing BTC at it..

i want to warn NOOB investors buying in right now for a long term investment is pretty damn risky !
if i am right these manipulators are may be doing it simply to cash out once and for all on a grand scale.
and some smaller noobs are going to get burned and devoured soon enough.

i have not looked at the charts / numbers at all though..
but it could be a dumb ass moron buying up shit loads too i guess.
which if true means the price will just slide right back down where it was once he finishes buying.
See the VTC whale from a few months back at Cryptsy for an example ;)

anyway i look at it i see no long term stability and i still think Doge is a piece of shit of scam coin clone ponzi.
Investors beware the Meme joke doge useless CLONE coin.

As a doge holder I am very happy to see this run up.  I have to admit that I didn't think the merged mining with litecoin would go this well - I figured litcoin miners would just dump their doge like multipools used to do.  I agree, it mostly solves the 51% problem.  Litecoin really didn't exploit its early mover advantage.  Doge is fast and has a low and easy to understand transaction fee (1 doge), perfect for people new to crypto.

However, while doge is now safely away from the pink needle that is not the same as being as valuable as Litecoin, even in total market cap terms.  Doge has a lot of coins and no limit ever, this will dog it for awhile.

In the meantime, props to the community that kept it alive and it will be interesting to follow this run up.

Good Luck!

I think you can do a lot worse than Doge. #2 in Developers, #3 in volume, #2 in social network

all other alt-coins are dwarfed by Doge in all of these categories. I have marveled how many developers have stuck with the coin, and how resilient the subreddit remains

www.goingecko.com
www.reddit.com/r/dogecoin

Full disclosure I am one of the ones putting some BTC behind it. I think once the regular mining is done in a few months demand will exceed supply by a good margin as the coins has remained popular amongst a large group of non-technical users.

My kids like Doge btw, they think Bitcoin is for geezers, just a scary side not, what if they are right....

for the love of god don't give me the Doge community bullshit  ::)

uggggh god spare me  ::)

What's up with the Doge community bullshit?

54 satoshi and up.

 ;D

well you may not like it but it is the reason there are so many devs and frankly the only reason doge is where it is today.

having lots of techno idiots supporting a coin is actually what any coin truly hopes to gather, you shouldn't be so hateful

Doge's definitely on the up whatever the reason.

who's hateful ? don't accuse me of being mad because you can't accept the truth.

if you take away the community (spamming Bitcointalk with abuse) what do you have left ? a fucking clone coin period .

..community LOL  ::)

In this point I share the view with Spoetnik. DOGE has a great and hyping community. Instead of that Doge is just a gen. 1 clone.

Doge is creating a bubble before death.

Whatever is said, Doge is third most popular coin among 99% of world, with exception of users of this forum and few more. I wrote it a bit strange i know.

Anyway, they are third. What i hope is that they will not show world how crappy alt coins are. But i think exactly that will happen.

Altcoins aren't crappy at all and one day they may overrun Bitcoin because of newer or more secure features.
But you'll never see DOGE surviving the next couple of years. Remark my words!  ;)

And before its untimely death this bubble is going to take #2 spot among cryptocurrencies. Probably because it's the only investment-worthy crypto-currency at the moment with potential to increase its value tenfold (if not more) during few months.

p.s. whoever think community is nothing - check where are isracoin and auroracoin and now? They didn't have any community and started approximately at the same time as dogecoin.

No link to proof the correctness of what you said.
Until you can proof it, your comment is useless and says nothing special to me.

I proof that DOGE is on the 6th place in coinmarketcap.

http://coinmarketcap.com

well i can proof you wrong , DOGE is 3rd on coinmarketcap
http://coinmarketcap.com (http://coinmarketcap.com/currencies/views/filter-non-mineable-and-premined/)

It's number 2 actually - if sorted by value of trades during 24 hours, with 30% gap between second and third positions (bitcoin - 13M, doge - 2.7M, litecoin - 2M).

Impressive for a clone which was supposed to die few months ago (again - isracoin and auroracoin were released at the same time as doge and aren't even in top-100 now).

It seems i really wrote so strange you were not able to understand. I also dont believe Dooge will last long. What i am afraid, is that people will judge all alt coins on what Doge will bring them.



I did not talk of rank compared to market cap, but overall how ordinary people know them. If you would ask just random people to name few coins, there would be btc first, LTC second and Doge third. And yes next year it will change or in 2 years. Nothing last forever.

No anonymity in Doge..  why use it?  

It's just litecoin with a dog face - actually only worse with huge supply.

Well Doge isn't spammed more than any other coin these days.

As for what you have left you are right it is nothing, however, you can say the same thing about EVERY coin, AND FIAT. Without support from real people all coins are left with is really a jerk-off kids tech toy.

One other thing, if you could choose to actually have just 1 necessary coin feature FIRST, what would it be????

Anyone that knows anything about modern marketing will choose an audience first, then figure out how to survive. Doge may be the only coin that has that part figured out.

Litecoin now loves Dogecoin

http://www.reddit.com/r/litecoin/comments/2gcmbv/can_we_put_rdogecoin_in_the_side_bar_its_more/

Not true,  not all coins are just some generic clones - some coins are working on advanced features like cutting down blockchain bloat, anonymity, exchange integration with creating trust through things like smart contracts, also building platforms for easier feature implementation and creating things like autonomous companies.

Doge has none of these things and possibly never will.  For lack of better terminology, dogecoin, bitcoin, litecoin is all old / first gen crypto.

Was at 40 Satoshi when I first posted this thread and now at 71+. I tried to tell you guys but nope, Doge is a dead,worthless coin that will never come back ::)

It's changing already - here is article on Forbes.com (http://www.forbes.com/sites/thomasbrewster/2014/09/12/50000-lab-exposing-flaws-in-cryptocurrencies-bitcoin-dogecoin/) where doge named after BTC, litcoin is being mentioned somewhere in the end of the text. BTC community on Reddit was deeply offended by comparison like this. I guess people are less skeptic today as doge hit almost twice bigger 24h trading volume than LTC (3.6M vs 2M).

3 days,price doubled,big suprise!

Panic buying, complete fear of selling.

going to 100+

I think well beyond that at this point, far too easy to 86 Sat

http://www.btc38.com/trade.html?mk_type=cny&btc38_trade_coin_name=doge

Ohhh the insanity..., too bad all the techno geeks are gonna miss this. Its like people screaming about blackberry technical superiority in the face of iphone popularity.

Or betamax vs VHS, or BlueRay vs whatever the other thing was

Doge made a good run to the upper 90s but collapsed under a wall of selling and now is in the mid 70s.  I'm not sure why the higher hash rate surprised people and led to this rapid buying, but as miners who don't want doge start to dump it I don't see the price staying a lot higher.

However, I was totally wrong on the run up, so what do I know.

Good Luck.

I think this one might run for days. There was too much activity today, and the walls were big.  It dropped a bit but had to dip eventually given /1) bagholders sold; and (2) pumpers had to mark it down to pick up a batch that they will sell at +25% profit.

I wish i had bought in, but I will be watching closely.

I think in a week's time, there will be a rapid decline, but my guess is that we will see 100+ quite soon.

On Cryptsy alone where 7 Billion Dogecoins traded on the bitcoin market easy surpassing the previous highest of 4.02 Billion on the 11th February. 100 sat in less than a week

Just have a feeling about this one 100-150