Bitcoin Forum

Dogecoin community raised $55,000 for Josh Wise and he will be driving a dogecoin wrapped car at NASCAR at the end of April or early May. So tons of doge were cashed out recently to pay for the car painting and sponsor the driver why explains the recent dro in price which creates a good opportunity of buy a ton with a few BTC. But once he gets on National TV, then doge will get tons of attention. 3,000% jump may be an under estimation. DOGE at 3000 Satoshi doesn't feel over valued. Disclaimer: I own 10,000 doge at the time of this writing.

http://en.wikipedia.org/wiki/Josh_Wise
http://en.wikipedia.org/wiki/Dogecoin

Dogecoin will just die and i have regretted that i invested on it.
Betacoin is the future!

I will wait will the end of April :) we will see wtaht will happen.

At the moment I haven't got any Doges, but I consider to buy some :) Price is going down so that is stopping me before buying to wait for better price :P

Dogecoin have great community I must say.
But price of Dogecoin seems to be crashing.
Just wolong pump did some ++% and now it is going down.

More than a month after halving and still nothing

It's soon to be listed on mcxNOW - that's why i bought a few.

I hope they do go up, at least a little.

K.

not easy

Nascar? Cool up to 180 satoshi then fall again until the next advertising

The question is, is the NASCAR crowd really going to be interested in it? let alone understand what a "magic internet money" actually is, and what it can be used for?
I don't know... but I guess we'll see.

Not necessarily the Nascar crowd, but I'm sure many media will pick this up, since it's quite funny to see a doge on a race car.
This will spark the interest of many person who don't care for Nascar.

And Shibe will be a superstar! :)
http://bi.gazeta.pl/im/d0/a9/e1/z14789072Q,Prawdopodobnie-najslawniejsze-zdjecie-Piesela.jpg

Such support!
Much love!

You are right. At present, be patient is a good attitude.   The price of Doge is only driven by marketing.
Lack of features will make it onl a Pump+dump coin.

Lack of features? It has all the things that Bitcoin and Litecoin have, and a passionate community to back it.

doge coin car is already being overshadowed by blackfish car, there will be more too.

Blackfish? The hell is that?

Good :-) but indeed what is blackfish? :-)

http://www.uproxx.com/filmdrunk/2014/04/blackfish-racecar-at-talladega-sam-simon/

Point being, there is an endless amount of low budget sponsored cars that dont stand a chance, they dont take the time to talk about every car.  I think we wont get more then mention by name only once.

it's like a redfish, but a different colour.

K.

It could be argued that it is more like an absence of colour, but thanks for your answer nonetheless.

Ahh, now I get it.

That dog is gonna sue everyone for using his/her picture.

Well this is possible :-) maybe dogecoin dev have got permission to use a Doge photo :-)

Haha, the dogs gonna sign the letter and send us, dont worry :)

Good ol' days

http://oi62.tinypic.com/mif883.jpg

 8)

Making the same mistake again. None of these are the future.

Well, we don't all have a magic 8 ball, do we?

j/k, lol.

K.

So you are the reason behind the falling doge? Lol you will be selling for a while. Haha

This time it wasn't me  ;D

if the 95-100 sat area can hold again on this downturn we could see some more upside....

Not sure how much the nascar branding can really pump this coin, for the most part it's already priced in ...
unless a lot of new money comes pouring in.

Wont DOGECoin just end up like feathercoin no feature.

Feathercoin is doing ok, with a pub accepting it with a feathercoin cash machine, i'd like doge to become so well established.

K.

Nobody can say where those will end up. I think both will stay for a longer while - just prices ... are unknown for me.

Dogecoin has a big community... it never die lol

+1

While the NASCAR sponsorship is clever and may bring some attention the simple fact is that it does not solve the core doge problem, Too Many Coins.

I'm afraid if there is any up move it will meet with lots of selling.  The only good news is that the race is scheduled to be at about the same time as the next block reward reduction so maybe a double pump opportunity!

Well, 3000% might be a little bit higher than i originally thought xD
but i really like the way the whole dogecoin community is heading, working together like a team to get the common goals ;)

DOGE brought me a lot of money so far. Thank you, DOGE!

870mil marketcap for doge? doubt it

Doge is going to the dogs, which is good news coz the majority here are dumber than dogs...

K.

You can always donate (like Doges4water) if you really get a lot because of Doge :)
Share your luck!

After the race they will dump them anywhere possible. Coins spent doesn't mean they are gone. I will wait for 1 satoshi  ;D

That actually would be sort of funny anyways much wow much coin when it starts advertising in Nascar
Till then guess BTC going down impacts every other coin so 4X possible profits on doges later lol

When its market cap will be the same as Hobonickels? Dream on ;)

I forgot how are hobonickels doing these days man that was a weird coin thinking back

Dogecoin had a possibility of have a moon flight with wo'liar'long but it doesn't happend then....

Nascar is another chance after Olimpics :)

I wish Dogecoin all best!

It is real cool and fun the first time.  The second time, it is just old.  +1 for a meme, +1 for the bobsled team, but now need new somethings.... not just running on old bumps.

Dogecoin is over.
That dog photo is the only souvenir that will shine again a few time.

coindesk will pump doge again and again until they have to admit it is hopeless and dump their own stash for corgi or catcoin  :P

Perhaps they post articles about Doge because it's the only crypto whose community actually does interesting stuff? :P
When was the last time you read an interesting story about Litecoin?

I heard them say that 2 months ago

Dogecoin will never go 3000% again unless Bitcoin will rise.

I can't believe dogecoin is going to be in Nascar lmfao  ::)



I totally concur with this statement.

Even if Bitcoin do not rise again (I doubt it), Doge still has a chance.
They catter to different kind of individuals, someone who's interested in Doge might not be in Bitcoin. They might have that interest because of the better potential, because of Bitcoin's bad rep in mainstream media, or simply because, well, it's a Doge.
And about one month ago, I remember Bitcoin fell heavily, from 800 to 600 I believe, and it was at this moment that Doge exploded, so it might do it again.

100 Billion is a huge number.
So much WOW!  :D

Maximum FUD in this forum = Best buying opportunity.

My 2 cents.

nascar fans have an average iq well under 80 good fucking luck getting them to figure out how to use a crypto exchange hahahahahahaha mind as well have sponsored paris hilton and kim kardashian

it might fall 3000%! :P

Well to pay for stuff you don't need much of intelligence.

But yeah everything DOGE related you need to think in thousands :)

and bitcoin will rise

A blackfish is a whale that kills its trainers and the occasional hobo when the mood strikes him.

Of if Dogecoin will rise - Bitcoin will skyrocket! :)

Might be happening right now! Optimism in the Wall Observer speculation thread is a dead giveaway ;)

HE is actually wrong. They dumped the coins BEFORE The race so they could use the cash to buy food, gas and paint for the car. Thats wy DOGE is down in my opinion. They started a cascade selling. They shoud be finished by now and someone is accumulating the coins fast. Just like someone accumulated tons of cheap NET and now its soaring.

Nope and if you believe that your a naive noob that just got here..

The pattern is clear.. pump and dump .
Look at graphs on any exchange for any scammy clone coin and THAT is what Doge is a scammy clone coin with a bad rep.

could you post a link to the Wall Observer speculation thread?

Yes, here it is: https://bitcointalk.org/index.php?topic=178336.119060;topicseen (https://bitcointalk.org/index.php?topic=178336.119060;topicseen)

Thanks, this looks like a good read.

Yep, a good way to know market sentiment, and it can be amusing too.
And reading the almost 6000 pages gives material to keep you busy for all your remaining life-span ;)

I disagree with you guys. Doge is too big to be dependent on BTC, it has its own crowd and fans. BTC is now tainted and no one trusts it because of big time scammers at Mt.Gox.

DOGE should be the base currency for trading at all altcoins sites such as Cryptsy. Everything should be traded to and from DOGE (NOT BTC)

I think you posted that when DOGE was 27 Satoshi then it went up to 290.

The only way doge is going up is if everything goes up. Doge (by accident) developed a massive community but it was flawed from the start because the coin specs make it very difficult to become valuable. Too many coins is the biggest problem. I think the unfortunate truth is that it was started as a joke and unless the dev suddenly decides to change the code, lower the reward, and severely cut the coin limit, it is doomed.

And for the record I mined a lot of doge in January and February and have been holding it.

Well, I though the 150 satoshi wall would hold...

...but then again, I bailed out above 200 satoshis.

I see Doge ~100  and I think it is  not looking like a skyrocket is close to launch the price flight but
lets wait for this Nascar events ... :)

I will consider to buy some Doges again @75sat

Top kek.

I'm a doge holder myself but you are just a fanatic  ;D




*Pls give tainted btc to me

Am hoping to buy some at ~30...

yup

and am i crazy or did i not post a picture of the coin hitting 101 at cryptsy here on this topic ? (that seems to be gone now)

anyway i have been poking at coindesk for ages about their endless little pro doge coins stories ..they are retarded bs.
and i noticed an hour ago actually other people saying that other than me lol
one guy said if they do one more he won't even go to the site anymore.. people are REALLY getting sick of this stupid dog meme crap clone coin lol
and Coindesk is a joke for pumping it so much with fluff piece new stories that are pure bs.. just like they had been doing for ages with AUR.
that place is a joke.

PS: Doge coin cheerleaders
i told you so ;)

Dogecoin is the third coin in term of trade volume, has a very active community, is the most popular of the young coins, and is the second behind Bitcoin who has receive the most mainstream media coverage. Surely it makes sense for CoinDesk to report news about it?

Well we all knew it was shit when it hit 250 Satoshi and still it hit it

Perhaps because it is not? Don't confused it with all the other scamcoins.

I no longer hold Doge but I held several million a month or so ago. Considering the strength of the internet community, the continual slide of DOGE value has surprised me. Another halving is coming up and the price doesn't seem to care.

I look at the cryptsy sell order and compare to buy and it is not even a battle. It seems a single whale seller at market can push this coin into all time lows.

Because of Doge, i am not sure what to think about the chance of any Alt coin to displace any bitcoin value long term.

What you see on TV isnt reality my friend. I will give just one solid example. My parents old as they may be like to do random things to get out and about and since they live near the daytona speedway, gather with a handful of friends and take the chance to make it about getting out. I have some friends that use it as a chance to get the kids out and spend time together. So their IQ is irrelevant. Most people I know have interest in alot of this already, but lack the knowledge on altcoins, this might open the door.

DOGE showed that just some stupid meme can conjure up more hashing power almost overnight than Litecoin had.

It thus showed not only the Litecoin was not secure but also that it itself is not secure.

So it kind of killed itself in that regard, especially by not implementing merged mining so that it and litecoin could be merged mined together. Even between them they might not be able to muster enough hashing power to be secure, but deliberately fragmenting the hashing power kind of destroys all the scrypt coins not just DOGE and litecoin.

-MarkM-

10x gain is great, but another 30x....in the near future?
2 to 5x is much more realistic.

Atm, there's 190 Gh/s mining Litecoin, and 67 Gh/s mining Doge. Merged mining the lesser coins would be a great step towards improving their security, but it seems like overkill for Lite and Doge.

Certainly not for DOGE, since we already saw all it takes is a stupid meme to come up with way more than 67 GH almost overnight.

If the next meme is a "PWN the blockchains" meme instead of a "lets be yet another scamcoin" meme all the scrypt coins could be PWNd.

Or all but maybe litecoin, if miners not in on the meme rally to defend it.

-MarkM-

Here is the reddit thread about the NASCAR race:

http://www.reddit.com/r/dogecoin/comments/21grog/hey_im_josh_wise_and_ill_be_driving_the_nascar/

When blocks start getting smaller in a few months, then you will see how the sellers disappear slowly. Once price starts moving everyone will remove their sell order and move it up a notch.

Currently DOGE is at a real low price of 100 Satoshi while it hovered in 225 range for a long time. So someone is accumulating a lot.

If DOGE goes up 3000% it will be worth 0.00003000 BTC. If you really think DOGE at 0.00003000 BTC will look expensive to some people, then think again.

Remember DOGE will not lose its fans. BUT very soon maybe in a few months, a typical RIG that was making 10,000 DOGE/day will make only 1,000 DOGE/day and less the next year. There wont be many to sell.

 Sadly, you have no grasp on what the scrypt world is doing. As a miner that has 50+ mh/s I follow this closely. GPU's do not drive the market, if you have stock in AMD, I suggest you get the fuck out now. This is an ASIC world we live in.

Yes I happen to have a lot of AMD stock from way before Cryptos were introduced.

What does DOGE going up have to do with ASICs? ASICs just kill Scrypt and people move on to other things and ASICs holders will be like bag holders. Waiting to recoup their $9,999 investment, which will never happen.

And by the way, the 20 and 25nm fabs for BTC ASICs and even Gridseed all get (or steal) their know how from Global Foundries. GB itself was a spinoff of AMD by AMD executives who fucked AMD and took away the money making part and all the secret trades to their processors.  

So yes, I have been following AMD from way before it hit $40 and now down to $4 cheap bucks.

The fact that AMD is not making ASICs just for fun or hobby and make millions just baffles me. They should do it only to keep their GPUs in stock.

GPUs always will win. ASIC just battle each other and burn your wallet. GPUs innovate and change moving forwards.

"why it doesn't matter if it goes up 3000%".

Price will do what the market wants it to do.

Putting a logo on a car in NASCAR will likely do very little than hype up the local community that is already involved and aware of DOGE.

With all of the competing logos on all of the other cars and on the same car likely it will not even get much attention.

Don't be so sure about that. If the price rises significantly then it is more than likely a good portion of miners who bought LTC ASICs early will make their money back and some profit.

Let's not be ignorant that the price can change exactly what you claimed "will never happen". lol

pump and dump game as usual.. the people already involved sit there and try and think of a way to lure more people in.. ponzi 101

it's a rip off of Litecoin with a dog icon the end.

My dogehouse account was compromised and I lost 90k doge. I was bummed.

+1

Litecoin is a joke dude
charlie lee said it himself in an interview
it was never meant to be serious, it just took off cuz it was #2 after bitcoin
it is doomed to death and we all know it

OK but realistically, how many people are still using GPUs to mine Bitcoin? Oh right.

The problem is whether you like the idea or not, once ASICs enter the market in full force, GPU mining will be limited to asic-resistant coins.

I was part of a startup IT company that thought it would be genius to sponsor an Indy Car race about a decade ago. It resulted in zero leads, and zero buzz.

Dogecoin sponsoring a nascar vehicle is the biggest waste of money ever conceived.

Unless the guy you are sponsoring is running in the top 3 or happens to win it you will never even see the car the entire race, not even once. I will be surprised if the broadcasters even mention the sponsorship.

There are 10-15 cars in EVERY race that struggle to keep a regular brand on their vehicle. They are always at the back and never make any noise EVER. You may see them in 5 seconds of action if they get caught in a wreck.

BTW, the Dogecoin subreddit is slowing in adoption the last three weeks, there are far fewer online at any one time anymore. After the fad of cool internet community fades what is going to power Dogecoin?????

Sorry, but this coin is going down it has zero buy support in the order book. Billions of coins for sale and nobody is buying. My prediction is it will be a shocking 8 million market cap in a month, then it will be 2.5 million a month from that. In six months it will be worth a few hundred thousand, by end of the year it will be on the second page and Doge will represent the high point of alt-coin ambitions.

In some ways I don't mind that this coin tanks because it is based on quasi-socialist values (tip everyone because you think you are the savior of the needy!, hey everyone deserves a free tip!, and we are not all greedy capitalists, we are the good guys!!!), which means anyone that owns it is probably screwed.

Doge has lost his Wow, at least for now.
The market looks like it will lose at least 25% more......much sorry.

Its actually exactly the opposite. Once ASICs for Scrypt are everywhere, then there will be very limited Scrypt coins that come out. The ASIC holders will have to battle it out among the 50 something Scrypt coins. The GPU miners will have many options, as you can see right now there are numerous candidates presented to replace Scrypt already, x11 and Scrypt-N being the two most popular ones. Those who bought the $10,000 ASIC Scrypt wont even be able to mine x11 which is ASIC "friendly". Scrypt-N may take years for ASICs to take over.

Thats why ASICs lose 80% to 90% of their value.
GPUs lose 20% of their value.

This is what the manipulators do, they dump a blunch of their coins, pushing the price down, once they see a lot of sell orders built up by super shaky investors then they sweep up all the coins and push the price up. Did you see BC today?

The DOGE sponsoring of the Olympic team didnt even make it to their shirt or their sleigh but the whole world heard about it and pushed DOGE up from 20 Satoshi to 300 Satoshi.

We will see how this goes, for now its just accumulation at low prices. I dont want to log in and see DOGE trading at 150 Satoshi and I regret not getting in sooner. That happened to me with BC. Wont happen again.

Once traing gets thin, this could fly quick. Just like for example NET can go up almost 100% with only 1 BTC investment. Or go up 50% with only 0.31 BTC. In the same manner but larger scale DOGE could rise but it will not give anyone a chance to get in.

Uhhhhh it probably will happen again with Bitcoin unless you own a bunch right now.

Dogecoin is dead my friend get over it. Don't be left as the only person holding millions of Dogecoin as everybody runs for something with real cold-blooded capitalists behind it, Bitcoin....

Here is how you should make a decision about DogeCoin. If you cannot unload ALL of your Dogecoin at Market without taking a 10% hit, then you own too much, sell while you still have a chance.

When will be NASCAR race? 4th of May? I can't waiting to see DOGECOIN car win the champion, Josh Wise you will be the winner! ;D

So you can buy cheaper, isn't that your plan? :P

It will not.

read..

I'm curious to see how high will it get.

Nobody cares about the sponsors on the cars of Nascar, indeed. But that's not a regular sponsor, that's a doge - the internet's favourite dog -. I'm quite sure that's enough to gather people's attention, especially if Josh Wise wins the vote because of us; that would be the first time an underdoge wins that contest.

Reddits number of new users is not getting higher, but a good part of its 75000 users are still very active and dedicated long-term to their community - there's usually more activity and upvotes on /r/dogecoin than /r/bitcoin, and several hundred times more than any other altcoin reddit community. Maybe the price will not go to the moon, but there's enough users and interest to justify it being in the 100-200 satoshi range.

Zero buy support? That's absurd. It's usually the coin that has the most volume after Litecoin. There's litterally hundreds of BTC of buy supports on Cryptsy, and even more on the Chinese exchanges. And sell pressure will be lower after the block halving which will make Doge less attractive to multipools.

Also, Diejohnny is confusing socialism with philantropism; that's quite different. I doubt any serious socialist would have an interest in decentralised cryptocurrencies.

I still expect that this will have minimal or no impact on doge's price, which I think will continue to drop steadily. Maybe I'm wrong and they'll find a support at around 100-120 long term but I frankly doubt it... there are just too many dogecoins. The coin cap is absurd.

Nice posting this info. Ill Buy some doge for trading

I don't think that's a strong argument, since 66% of the coin cap has already been reached. I think it's safe to say that an important part of that 66% is held by serious member of the Dogecoin community who aren't there for short-term profits and who won't panic sell if the price drops.

I thought there was no coin cap.....

You're right practically there aren't. However, in the end of 2014 when Doge will be 1 year old, 100 billion coins will have been mined, and after that only 5 billion coins per year will be produced. I meant that 66% of the initial high distribution will have been reached, and after that inflation will be relatively low and won't have a negative impact on the price as long as Doge adoptions keeps growing a mere 5% per year.

Maximum FUD in this forum = Best buying opportunity.

My 2 cents.

What makes doge so much better than other alt on the forum? I know it has a great community to back it up but what else?

Technically, not much else; however, I do believe the community is by far the most important thing for the success of a currency. The community is dedicated to the coin, so that gives confidence to potential buyers that it is not simply a short term fad. That, and the active dev team.


Indeed! That has been proven true many many times.

DOGE also has a special kind of drama.
It started as a joke, then got really big, now no one knows for certain if it will fade away or succeed long-term.
Stay tuned for more...

Its the story that keeps on giving and well also racing if that Nascar thing is still going on

I don't think it'll go up 3000% again

I'm sure that the Media and Internet was at the same penetration numbers and coverage in 2004 than now. C'mon man.
Oh, and Spoetnik showing in an altcoin thread to spread the FUD.... that is breaking news.
#not.

Up 3000%, lmao. Doge is already giving up the small bump in price that had taken them from ~100 to ~130. Once it stays under 100 for a bit, expect it to circle the drain. I hate to say it because I am holding some doge but let's face the facts...

This coin will be dead soon,I dont know why people like it,it is just a joke,
Now this joke come true.

86 to 148 was not a "small bump in price" it was well over 60% very fast.
Some of us do not need 3000%, Bear markets are a goldmine if you learn how to handle them.  :)
Shhhhhh....don't tell the noobs.

i see them for 288 satoshi when sochi begun. i belive they will be higher. now ther are 110 satoshi. nascar will raise a bit only,

so what is about this nascar thing.. Is it going to happen? It should be very close to this, isn't?

I remember that it should be at the end of April.

I don't think Doge will see 200 satoshi again. It was a nice joke, but it's over. Let's face it.

And pandacoin will thrive? ;)

See how active the dogecoin community still is: http://www.reddit.com/r/dogecoin/ (http://www.reddit.com/r/dogecoin/)

I'm not related to any pandacoin altcoins. When I registered there wasn't any pandacoin shit stuff. I don't trust any of these scam coins.

I understand, sorry about assuming this.

Perhaps...if it reaches more masses...

Pretty much. If it had been designed better it could have continued growing but they just drowned it with too many fucking coins (because it wasn't really ever intended to last.)

Panda, I go through the same shit all the time lol. I happened to make this account name half as a joke because I was mining doge back then, now some people acts like I am some kind of doge fanatic. It just isn't worth making a new account and going through the "you must wait 360 seconds before posting" hell all over again lol...

Dogecoin on front page of CNN Tech.

http://www.cnn.com/2014/04/24/tech/web/nascar-dogecoin-talladega/index.html?c=tech&page=0

Price still shit... much sad

https://www.mintpal.com/market/DOGE/BTC

Well, DOGE is up 8.96% for the month, but down 10.33% since the start of the week.

http://www.cryptocoinstats.com/performancetracker.php (http://www.cryptocoinstats.com/performancetracker.php)

What is in my opinion most important is... that Doge is really cheap now ... and IMO +8% doesn't make a big difference.

I remember very good what was a price of a Doge.. I am watching Dogecoin from it's release.

It was ~150, then dropped to ~50... even ~35 for a moment ... then Wolong .. ~270 :) for a moment ;P and then ... a drop ... a drop... a drop, and few ups.. and we are here now with ~113 ... :)

If Dogecoin want to impress me :) it must hit 250 again~!

www.DogecoinCharts.com

It's been like this since December.

ROFL. Indeed.... :)

If you mean that "Doge was everywhere" yes :) you are right :)

To be blunt, +8% -8% none of that means Jack Shit at these levels. Applaud a ten percent increase when it's worth a few thousand satoshis; at this level it's laughable to make a big deal out of minor ups and downs. The bottom line is it has been dropping in value overall for several months straight. Period.

The only way doge will survive in a long run is keeping focus on marketing, advertising, etc ... using doge for advertise payment etc ... otherwise "pumpers-and-dumpers-wolfs" will kill that coin like they do to all others coins ...

if doge will increase 3000% what the hell will 666coin rise when its released.  ???


follow here for updates https://twitter.com/666Coin666

So, is this the beginning of the next "pump"?

From my short timeframe and narrow point-of-reference, this coin's been a clear winner. It won't jump no 3000% from here (it already did the majority of the jumping), but 2-300% sure thing.

One of the rules of thumb for simple stock market investing was look for the clear, early winners and pile on the bandwagon. This strategy only works part of the time, but I am pretty sure we are still in the part.

No dude, doge is still at the same shitty 112 sat or so that it has been languishing at. It's pretty hard to "pump" a coin with such a large coin cap at this price. It would require risking a lot of money and there are so many dogeholders desperate to sell, that throwing a bunch of BTC at an attempted pump could very likely just help other bagholders get out without meaningfully impacting the price.

Your stock tip is about the worst stock advice I have ever heard, following the crowd in stock investing is pretty much a guaranteed way to blow your investment funds and just get eaten to death by transaction costs. Your broker must love you for it though.

Tell me the time ! I can buy some in adcance.

i think doge can reach 200 6 months or more from now

I think you are selling the game short and believe there's a lot more to come. But only time will tell.

When is the Dogecar going to race in Nascar think its this week if I heard correctly.

it will not go up as the coins are infinite.

So the people that followed the crowd after the Google IPO in 2004 for 6-24 months afterwards are dumb for jumping on the bandwagon?

The people that followed Apple, Netflix, Amazon for 6-24 months after the IPO are also dumb losers, right?

Useful, revolutionary products often take years for their true potential to be adequately reflected in their market price. I'm not saying Dogecoin has proven itself to be these things, but I am saying this phenomenon is real and observable in market behavior.

The community is strong, and really don't give a shit what anyone thinks, its become more of a movement than I've seen in any other altcoin. Most of the talk in /r/dogecoin is about what charity to give to next, or showing off paper wallets made before someone gives away a lot, etc.. I realize all of this is alien to you sharks that pump&dump coins all day, and doge is just another altcoin to you, but doge is special to a lot of people.

That coin is useless, nor does anybody really care about it. Stop promoting the Devils coin.
This 3000% increase on doge seems a bit high, but possible.

3 months are enough!

Like I said, it's back down to almost 100. Gimmicks like a nascar sponsorship are not going to affect prices. Real world adoption and use could actually affect the price but at the moment like 99% of transactions are still just occurring between miners and investors.

bit high, but possible? You have been here long enough to know they will be lucky to have a 500% bump now. Most likely it will move the other way.

By all means buy if you want, but its certainly not what I would recommend; there are 'safer' investments out there.

That's the best joke ive seen all year.

Dogecoiners make me laugh, thats for sure.

the doge price atm already expensive enought consider its' huge total supply..not to mentioned it's unlimit at the future.
i almost sold all my doge out and change it to some good POS coin now..for example C2 and COMM  exspecially..i hope more doge fans can go to support COMM community with the 'doge style'..if these 2 community can unite in together then may be a new legend of DOGECOMM will begin :D :D :D
fyi..doge price now can change about 2 COMM...thats pretty fair enought consider Doge total supply is about 90* larger than the COMM total supply.

My dogehouse account was compromised and I lost all 120k doge. I was bummed

Don't feel too bad, that's only about $50. I wouldn't keep coins anywhere but in your own private wallet for long-term storage in the future...

Yeah...and also encrypt and backup your wallet to a safe location regularly too.

That sucks may not have been worth much but it is your coins so I can feel for you on that

Is dogehouse normally a safe site?
I'm looking now to find out what it is?

EDIT:
The real dogecoin mining pool!
I don't mine, so I didn't know.

Sorry you lost money/got hacked.

this is really a very good idea but i think most of the doge holders are still in sleeping

What happens to the price after block halving?

Supply and demand happens. If you don't under stand how that works I would suggest researching it. I mine about 95779 Doge a day, and When I see the price jump up again I will be watching it to see when to cash them out, then move to the next coin that will split soon.

People always point to the number of coins as to why this won't go up in value.  What people don't understand is that instead of mining 1,000 out of 100 million per day, they'll be mining 10,000 coins out of 1 billion.  As a result, Doge is way undervalued giving he community, the number of businesses adopting doge and the general interest. 1,000 sat is inevitable (in time) which is another thing that people don't understand.  If the coin doesn't go up 1000% in a week it is a sh**coin.  Doge will slowly appreciate once the halvings have taken place.   Buy now in my opinion.

Does anyone think DOGE could ever hit $1 each?

Yea if bitcoin hits $1m each

DOGECoin will go up 3000% again?
3000% will be much easier starting from 10 or 20 satoshis, but I'd prefer to not go that low.

betacoin? you sure?

No, don't listen to him. Dogecoin will most likely not die due to the strong community that it has.
If you're looking for a coin with potential then go check out Darkcoin.

So did doge rocket up yet? 3000%? Even 300%? No? How about 100%?

Oh wait, it just went right back to circling the drain at around 100 sat, just like I said it would. Because there are TOO MANY DAMN DOGECOINS in circulation already.

I love the YouTube ad they sponsored on reddit. Might get some new people into Dogecoin.

More and more people like this coin , get it by mining or buying or from giveaway! Get strong community! I support it!

grab some cheap doge! we have -10% orders :) on our xchange :)

A 3000% increase would mean a market cap of over 1B which I highly doubt. Maybe if bitcoin had a huge spike and all the cryptomarkets together, then maybe 100% or higher. I highly doubt that we will see 3000% again.

I highly doubt that doge will hit even 200 again this year.

lol pure bs..

the so called community is a joke.. delusional bag holders waiting to dump and move on and many have already that community is shell of what it was..

and Darkcoin ? puuhlease the instamine scam on that is damning and your recommending it ? are you high ?
hey smart guy why advise people get involved with a shitty ass clone of Quark when they can just go get Quark ? or even Secure coin the second X11 coin ?
Dark coin.. an overhyped noob flash mined scam coin clone of Quark pushed by morons..

wanna hand out some advice ?
try Vertcoin.. someone has been buying 40 grand worth a day for the last week or two.. seems that would be better advice than the fucktard garbage your spewing lol

Dark coin is a rip off Quark.

Doge coin is no better than MILLIONS of other scrypt clones and anyone like the guy that i quoted says otherwise is a fucking moron.
Want more just like shit coin Doge ? Try DGC or Frank etc etc etc tecetcetctettcettctetctettetctettetctettetctetfctetctetctetctetecte
and fuck off with the idiotic "community" bullshit.. gimme a break lol

When double what? I don't think it happened.

I am not greedy 150 is enuff  ;)

I believe community is the most important attribute of a coin, and Dogecoin has a strong community when compared to other alt-coins.  

That being said, it seems to me that DOGE has a huge glaring problem:

I understand that by January 2015 (8 months from now), the dogecoin inflation rate will have dropped to 10,000 DOGE per minute.  Right now the market value of 1 DOGE is approximately equal to 1 bit.  If we assume that dogecoin has the same value relative to bitcoin in January 2015, then the inflation rate per hour would be roughly 1 bit/DOGE x 10,000 DOGE / min x 60 min / hour = 600,000 bits = 0.6 BTC / hour.  

In a competitive market, the cost to mine a coin should be roughly equal to the market value of the coins mined.  This suggests that the cost to 51% attack the DOGE network would be a measly 0.6 BTC / hour.  At today's price for bitcoin, that is only $262 per hour.  

Can the litecoin miners easily mine dogecoin?  If this is the case, what is stopping a malicious pool from paying out litecoin miners slightly more than the litecoin inflation rate for their hash power, and then use that hashpower to 51% attack doge?  In fact, there could be a large profit motive to do so if the attacker could build up a large short position in DOGE prior to switching the hash power from "nice" to "attack mode."

It seems like someone will be motivated to kill dogecoin by next January unless something significant changes.  Could Dogecoin be merge mined with Litecoin to increase its hashrate?  Or could dogecoin by spun-off (https://bitcointalk.org/index.php?topic=563972.0) into a PoS consensus network?

Is no one else worried about the huge drop in network hashrate relative to the total pool of available script hashpower that DOGE will experience over the next 8 months?  Or am I missing something and this isn't actually a problem or has already been solved?

Is DOGECOIN Dead?

http://www.judgecrypto.com/1/post/2014/05/the-death-of-dogecoin.html

Judge Crypto
www.judgecrypto.com

Sounds bad!! (From DOGE user's perspective)

I wouldn't say dead, but one foot in the grave definitely. Too many coins, not enough economic planning, sad because the community is great.

No Darkcoin is not a rip off from Quark. Dogecoin has a very active community, bagholders or not. Which coin is good in your perspective then?

Exactly - its just a copy of the coins and it has a smaller economy. It will be seen as what it is a copycat. The advertisement will help bitcoin community more than dogecoin.

Smaller economy? Please. It is among the top altcoins if you look at its market cap. Doge is sitting at $ 35,383,696 right now.

Dogecoin is a winner in 2014,
just the fact that is in the top 10 altcoin since the begging days
shows that there is something to it
but I think most of all its the community

Dogecoin is horribly coded , block rewards  halves too fast leaving the coin very unprofitable to mine . Miners are all ready leaving http://bitinfocharts.com/comparison/hashrate-ltc-doge.html

Scrypt asics will 51% it in a couple of months unless they merge mine with litecoin.

Should i aim to get dogecoins right now then? damn i sold them all just to see if trading works. :P

keep your dogecoin guys! it will be worth more and more! its only 5 months old coin and 3 already

Yes you are definitely right. The supply at first was huge, now it has drastically slowed down. The problem will scypt asic will arise for many coins soon.

I think it should switch to PoS.

Only one coin for a given algo can remain. Others will be attacked or wither away due to the threat of attack.

Dead Cat Roll, Pump and Dump, and Flatline.
Featuring: Blackcoin, Dogecoin, Mintcoin, and Cinnicoin

http://www.judgecrypto.com/news/dead-cat-slide-dcs

Judge Crypto
www.judgecrypto.com

True that.

i hope too, may be doge will go up to 3000 staoshi in the end of this year.

No. No normal infrastructure for DOGE. The joke will come to end soon. No perspectives.   

You can't be serious....

If the Doge really such development, that is so fantastic.
I believe many people will rich.

Well you're kind of right, and this is better. All those copy/scam coins can be easily killed off. But then you have the better coins using different algorithms such as X11.

POS (which is being added to scrypt coins left and right) provides a degree of insulation from asics. So I really don't think they will all wither away, they can just go POS and live on in shitcoin paradise. Besides, who's the say the asic miners won't mine shitcoins evenly like GPU miners have?

Miners will mine whatever is profitable. But if there is no demand for a coin, its value drops and it does not constitute a too large % of mining either, soon.

From the main dogecoin thread
Dogecoin is going to get Josh Wise racing in the Nascar All Star Race so it might help the price a bit
http://www.sbnation.com/nascar/2014/5/16/5725312/reddit-dogecoin-josh-wise-danica-patrick-fan-vote-2014-nascar-all-star-race

Also to the moon  ;D
http://motherboard.vice.com/read/dogecoin-is-going-to-the-moon-for-real

dogecoin isn't digital money
dogecoin is a way of life :)

i still have my faith on Dogecoin, it'll rise again!

Every time I see a topic like this, I think about how I seen doge announcement 20 seconds after it was posted, but didn't take it seriously.
You always have to take jokes seriously!

Indeed :)
It makes me feel like I'm an instrumental part in something good that's bigger than myself. That aspect of its community is why Doge wins.

That's not exact; many mine Doge because they want to actively contribute to the community by supporting the network, and don't care about multipools' faster profits. Also, many ''noobs'' mine Doge simply because they want it and that's the easiest way for them to do so.

yappp the best way to not breaking their brains

Dogecoin will go up 3000%.

It wont be because of the car. The car and many, many other things they do will get the gain. Eventually.

But yes, with their base, and their strategy, its a coin to invest in long term.

As funny as that sounds.

Its true!

That would put the price of doge at around 3000 satoshis each or $0.0133ea and give Dogecoin a max market cap of around $1.33B. Long story short? Not gonna happen.

If Bitcoin's market cap gets to 26B$, it's definitely possible that Doge stays stable at 5% of it, imho.

If the last race didn't boost the price of Dogecoin, why would this one? I think that the races are catering to the wrong people. What we're dealing with is technology. We need to be pushing the coin out to technology conventions and such.

Great new! I dont think it will rise by 3000% . However I do agree that DOGECoin exchange rates will increase.

I think I gonna start getting myself some Dogecoin.

The races are catering to people who have no idea how to purchase a dog coin so currently it doesn't help at all.

However, if this crypto thing takes off and "everyone" is doing it, they'll at least have heard of this one and not others (possibly not even bit coin) there is many value in that long term.  They'll plunk down in what they know first.

If you checked the marketcap site you can see that a coin needed how much buy in perday to main the price .

The whole thing about people not knowing what Dogecoin is, I completely agree. Racing is a pretty small niche, though. We're basically gambling in the hopes that the small niche will jump in Dogecoin, and I just don't see that happening.

I think it is possible. If people invest a lot of money in DarkCoin without any infrastructure than people can buy some DOGE.  May be not 3000% but 500%  is probadly possible.

Didn't DarkCoin bring with it anonymity though? This would be considered as a major change in infrastructure, and it would cater to completely different people than Dogecoin.

Doge was a promising COINS, thanks to its team

Doge is just a clone, there wasn't any innovation. Darkcoin is pretty much different. Doge days are over, sadly.

That's good news.
Pardon my ignorance, but what's a good Dogecoin site to mine with?  Thanks.

Bytecoin is the first coin with true anonymity and has been for 2 years it was created on July 4, 2012 by the devs on the darknet. https://bitcointalk.org/index.php?topic=512747.0 (https://bitcointalk.org/index.php?topic=512747.0) Darkcoin only fraudulently claim to be the first, so many things wrong with Darkcoin, its not funny (9% premine, no windows, mac wallet at launch.......).

Dogecoin will rise to great heights again the moment the creator announces merged mining with Litecoin. It will be like firing from thousands of rocked-boosters at once. As long as network security is not long term secured no lift of is possible, simple fact.
It was as high as 120B then halving and drop to 75B, last halving took it to 50B. Next halving about 2 July, then September....
https://i.imgur.com/XKSXSFO.png

Now looking at Namecoin merge mining with bitcoin.
https://i.imgur.com/rt1CTJD.png

Is the merged-mining with Litecoin confirmed, though, or is it just what people are hoping will happen?

Nothing is confirmed.
At the end of the day its up to the dev what he wants to do, but something has to happen. It sure would get some fire into this dull market of late.

I don't think its a good idea to make these posts.  I own 500k doge, but that doesn't mean I want this opposite fud appearing, because it seems like spam, especially when small coins use this to pump them up

Atm dogecoin hasn't got that value I estimated...
Maybe in the nearer future we can see another rise   :)

Dogecoin is at around 100 on most exchanges now :(

Dogecoin has inflation indefinitely. Price can't rise 3000% without massive demand or large increase in hashrate.

We might see 200 satoshi per doge with scrypt asics coming out but I think a 3000% rise is almost impossible.

I would say that a coin needs to attract users from all markets even though a technology convention seems like the most rational choice a bigger buzz can be made from aiming to a mass audience of individuals and getting the word and information across using as many mediums as possible.

I just think that the cost is pretty high considering the group we're catering to. If Bitcoin and cryptos were more mainstream than they are, it'd be different. As it is, though, you have to cater to those who are interested.

I concede you have a good point focusing might be a better idea but that said any advertising is better than no advertising, I guess the best way to get attention is still meme's for Doge though as it is not supposed to be a rationals currency
Much Wow Many Dog shows after all  or I guess advertising to children who like dogs as it would make them happy

Getting it implemented in a MMORPG or something could be huge. These are just the people that know about similar stuff (technology, memes, etc.) and would also help create a more liquid market for the coins. I think spending money to try and get games involved is where we should be.

The Doge is absolutely have the potential coin

;D ;D ;Go and buy now