DOT rallys to 30 satoshis, up 67% in 2 weeksDotcoin (DOT) has undergone a major rally, experiencing a 67% price increase in 2 weeks. DOT was trading near 18 satoshis (1 satoshi = 0.00000001 Bitcoin) and had a market cap of 44 Bitcoins ($11,000) on October 8. Today DOT is at 30 satoshis with a market cap of 73 Bitcoins ($22,000). Most of this price increase occurred today, with DOT rallying from 25 satoshis to 30 satoshis within 6 hours. There was alot of DOT available at 18-24 satoshis, but once all that DOT was bought up there was very little DOT left below 30 satoshis. Now the market is solidly trading at 29-30 satoshis, near record high levels for DOT. https://www.cryptopia.co.nz/Exchange?market=DOT_BTCCryptopia is quickly becoming a leading cryptocurrency hub and is attracting more miners and traders each day. As more people join Cryptopia demand for DOT will increase, since DOT is needed to vote for which cryptocurrencies get added to the exchange/pools and to invest in Cryptopia via shares. Millions of DOT were purchased every day for these purposes before this price upswing even began. The demand for DOT is increasing everyday as more people join Cryptopia, but the amount of DOT available increases slowly (~500,000 DOT/day from mining) so the price is forced to rise. There are hundreds of cryptocurrencies with market caps in excess of $100,000, many of which are inferior to DOT. DOT is a well built cryptocurrency which has a solid community base and intrinsic value since it is the only currency accepted by Cryptopia. Now that DOT has a market cap of $22,000 it shouldn’t be long until it rallies all the way to $100,000, which would result in a price of 100-150 satoshis. This could happen very rapidly as the news of DOT’s rally spreads across the internet. This situation is reminiscent of the early days of Dogecoin, if not more promising since DOT is tied to Crytopia, which is on track to become a major international cryptocurrency exchange. No other cryptocurrency exchange has integrated mining, trading, and chat like Cryptopia has, it is simply on a different level than Bittrex, Poloniex, and Cryptsy which have been the main exchanges up to this point. Buying DOT is akin to investing in Cryptopia, and Cryptopia has a very bright future. From http://www.usacryptocoins.com/thecryptocurrencytimes/uncategorized/dot-rallys-to-30-satoshis-up-67-in-2-weeks/
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Anyone who is disgruntled with Cryptsy should check out Cryptopia, I put 5 BTC in there and pulled it out all at once to stress test them and everything went perfect. Withdraws take less than 60 seconds always https://www.cryptopia.co.nz/Exchange?market=DOT_BTCIt's similar to Cryptsy, but also has dozens of mining pools directly integrated to the exchange, and a chat where people give each other free cryptocurrency. Might save a few grey hairs to use Cryptopia instead of Cryptsy.
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I've never seen the DOT hashrate this high before
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With Cryptsy imploding people will be looking for a new exchange, eventually Cryptopia will go main stream and I think it'll be soon. 252.5 million DOT total, it appears only ~500,000 DOT per day are mined, so the block time is more towards 2 minutes than 30 seconds. This means there's alot less downward pressure on DOT's price, far less DOT being produced than people thought. 1.2 GH/s and a steadily increasing price, definitely an excellent choice for small-medium miners https://www.cryptopia.co.nz/MineShaftAfter the rally within the past week it would only take ~2 BTC to rally dot to 30 satoshis. This is imminent https://www.cryptopia.co.nz/Exchange?market=DOT_BTC
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So there's no working block explorer, and therefore I can't find the nodes. Does this mean Dama is dead?
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DOT at 24-25 Satoshis, there are 251.2 million DOT which yields a market cap of 63 Bitcoins. This is up substantially from 19 satoshis about a week ago, 30% + price rise. Available DOT on the market is quite scarce. 2 Bitcoins could send the price all the way to 29 satoshis! It's inevitable, people need to buy DOT for Cryptopia shares and votes, and that alone would rapidly increase the price.
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DOT rally is most definitely underway, all the cheap dot between 20-24 satoshis is gone, there was tens of millions of DOT at those levels and it was bought up. Now there's not much resistance at all, could end up over 30 satoshis easily today https://www.cryptopia.co.nz/Exchange?market=DOT_BTC24-25 satoshis at the moment. Already sizable profits for those who bought 2-3 days ago at 19-21 satoshis. Voting for DOT continues at cryptsy, telltale sign its going to be added to several exchanges https://www.cryptsy.com/coinvotes/
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Pace of DOT buying just increased big time, now 24 satoshis! Market cap up to 60 Bitcoins. People who bought in the morning made 10-20% profit today alone. Just the beginning, not much resistance at 24 or beyond https://www.cryptopia.co.nz/Exchange?market=DOT_BTCI think this really is the start of a huge really, not trying to be sensationalist, DOT was just so undervalued before. Cryptsy voting picking up steam too https://www.cryptsy.com/coinvotes/
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Thanks for the info ) Good to see everything works solidly with this coin. I've picked up some over the last couple days. Soz for all the questions but are there plans to get on another exchange? A xx DOT will be added to other exchanges soon if all goes well. The cryptopia devs never tried to get it on another exchange, but other people are now asking to get it listed. If dot got on a major exchange a rally is guaranteed, there's not that much dot in the world
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Are you guys living in North Korea? I can't take any of this seriously, it's absurd. Fuck everyone who supports this blatant censorship
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Any admins want to help fix this blatant censorship? This is very much against the spirit of cryptocurrency, I can't see eye to eye with anyone that thinks this is ok.
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