Doge retreating to 60 satoshi and forming a line of defense there for the next 2 weeks, that's gonna be a new low. October - to 100+ satoshi.
|
|
|
Well, you do the math: There can only ever be 21 million people on this planet that will be able to hold 1 whole BTC. If you consider the large exchangers, early miners and whales (just the top 500 addresses hold 4 million BTCs alone, that's not counting the big holders who split into many addresses) I imagine the general public will only be able to get a hold of maybe maybe 8 million BTCs AT MOST. Of those, many will hold more than one. So, I imagine only 3-5 million people on earth will ever hold at least 1 BTC - ever. Considering 7 billion people, you're going to be one of the lucky ones.
Your math is wrong, what makes you count 7 billion people, many of whom don't even have access to electricity, much less to computers and Internet and are uneducated? Even if the so called educated people in the west, to understand why they need Bitcoin they really need to understand much more than what the dumbing down school system gives them. There is a high chance that the price of Bitcoin will rise, but not as quickly and not as high as some here dream. You need to have realistic assessments of the world situation, not wishful thinking.
|
|
|
Why doge is up price ?
Because it can!
|
|
|
Are you blind? If litecoin fails miners will have no incentive to run their rigs for 1 dogetoshi. The network is by no means secure. It relies one the profitability of other coins. If those turn to dust so does doge mining and the network security.
Like I said above, Doge excels in everything else, first of all, in driving demand for doges. Market cap is bound to go much higher. Of course, long term mining is getting to be a professional area, not an amateur pastime, and it will take efforts to keep it profitable. Anyway, we're talking too much, let's wait and see
|
|
|
As I said in my edit , the miners will soon receive a reward that is less and less in % compared to the total supply. Meaning that the impact of mining on the coin price will be minimal.
What will happen then? A price rise? Why? Because the coins are harder to get? There are a lot of examples who said this is not the case. What will doge build upon ?
Usage and community of course. That's why I'm seeing this as a pump and something temporary and I'm no inclined to buy more but neither to sell.
Miners have to run those ASICs for Litecoins or any other scrypt coin and merge mine Doges without wasting any additional power. Even if block reward is 1 doge per block, the hashrate will from now on be equal or very close to hashrate of Litecoin. Network is secured. Doge excels in everything else. The Gresham law will make miners hodl rising Doge and sell depreciating Litecoin. Sure, this is a temporary pump, too fast and too violent, it will settle down somewhat and then resume. EDIT: Hashrate is 695 GH/s now, Litecoin's is 800-850, so getting very close.
|
|
|
Because mining will soon be over and what will remain?
Mining will not be over, who said such a preposterous thing? But it's very likely that it will be more and more centralized like in Bitcoin.
|
|
|
Please stop with the race against LTC.
Why? Only one of them will survive and will be kept long term by miners, the other one will be dumped to cover the cost of ASICs and electricity. It's a race between them now to be one or the other. There is no room for 2 Scrypt coins. I am just stating my observations, why are you so afraid of that?
|
|
|
Crikey! When will it stop to rise at this pace?
It's been going down for too long, neglected, and all that totally unfair. Now it's catching up. It has to catch up to Litecoin. Either Litecoin steps down or Doge steps up, or something in between.
|
|
|
Merged mining makes Doge more secure, no more fear of 51% attack = more valuable = more demand = higher price.
|
|
|
There are two events that may occur in Bitcoin's near future 1) It rallies 2) It fails
Look at the headlines and decide for yourselves what is more likely
I think neither of those will happen. I think what will happen is 3) same stagnation +/- $100 4haolong? At least for another 3-4 months. What I meant is nothing extraordinary will happen to the price in November or December. Afterwards, too, only a gradual rise for all of 2015.
|
|
|
There are two events that may occur in Bitcoin's near future 1) It rallies 2) It fails
Look at the headlines and decide for yourselves what is more likely
I think neither of those will happen. I think what will happen is 3) same stagnation +/- $100
|
|
|
Im new on this so i hope for price to jump. I will be very happy then Bitcoin is so 2009-2013, era of Bitcoin is over - smart Bitcoiners are running into crypto 2.0. Heck, even Dogecoin is bound to give more returns.
|
|
|
However that wont change the fact that Doge went by 250% this last week.....
So?
|
|
|
Dogecoin does not care about chart analysis or any of TA, the last couple of weeks or months none would have given a buy signal, yet people still bought.
What are you talking about? At least a couple of coins were giving buy signals and they rose in price, including Doge. A couple that I followed that is, maybe there were others too.
|
|
|
I have disrespected no one I am stating the facts he is a legitimate holder of NXTTYcoin and I will treat all holders the same.
He called other investors trolls and retards for asking questions, you kind of approved of his remark with your smilie. This is disrespectful. I stop here. You're a public person now, meaning you have to face questions from investors, better get used to this role sooner rather than later if you don't want to ruin everything.
|
|
|
PSYCHOPATH ADHD RITALIN HUNGRY DELUSIONAL BI-POLAR TROLL-SNAKES
Now this is just an immature reaction to legitimate investor inquiries and shows disrespect. You don't have to react to smaragda's clownish remarks, if you want to main a high level of credibility and trust. Please reconsider your attitude. Smaragda was the 1st holder of NXTTYcoin. That is a lame excuse for treating other investors who ask questions with disrespect. Investors asking questions doesn't mean hurting your company, you should be ready for more tough questions in the future. You don't intend to tell everyone "smaragda told me to tell you to fuck off with your questions", do you? I hope not.
|
|
|
I regarded TOKEN under NXT-AE. The whole volume of TOKEN is so big that I'm doubting about it. It seems to me not so realistic that others Assets.
Is there a certain reason why Tokens volume is about that high?
All the unsold tokens will be destroyed after the sale is over, disregard the total number on NXT AE, it will be much less.
|
|
|
Tell me this, isn't there an option to trade back XDP for doge on the Dogparty wallet?? how come i cant find an exchange for the base Coin this altcoin is a layer of??? seem strange to me....Even more so when XDP is only 150% from its initial ICO price and Doge is about 250% from that day.....
FRUSTRATING....
That's why it's called burning, those doges are gone now But they turned into XDP, which is a good thing. You can only trade XDP back to doge if someone sets up a DOGE/XDP gateway on Dogeparty or a trading pair on a centralized exchange. You can exchange XDP to BTC on Poloniex exchange right now and then buy doges. Trading is not enabled on Dogeparty anyway until burning period is over.
|
|
|
PSYCHOPATH ADHD RITALIN HUNGRY DELUSIONAL BI-POLAR TROLL-SNAKES
Now this is just an immature reaction to legitimate investor inquiries and shows disrespect. You don't have to react to smaragda's clownish remarks, if you want to maintain a high level of credibility and trust. Please reconsider your attitude.
|
|
|
The US Govt could completely shut down NXT in 24 hours for bilking 100s of US citizens.
Dream on! They can't do shit to NXT, there are thousands of users all over the world, who keep the network running, and more are joining every day. Oh wait, I am wrong, they can shut down Internet for everyone, because most communications still go through US based fibres. Yeah, they can do that.
|
|
|
|