An Odd Sense of Familiarity, Dogecoin Speculation. | WSC Team

[alpha492]

http://www.wallstreetcrypto.net/2014/02/an-odd-sense-of-familiarity-dogecoin.html

By popular demand we're now offering Dogecoin market speculation.

Dogecoin has displayed some unique independence from the Bitcoin markets.  In the short-term I have a slight bullish outlook.

[fcmatt]

Your recommended buy area is way too high in my opinion. Just put in an order slightly above 0.00000005 (six or seven zeros.. either will work) and eventually it will get filled with patience. There are way too many coins in circulation and not enough bid depth to cover a large sell. Cryptsy shows two drops in the last week and 4 in the last month that would have filled the buy order.

50+ Billion coins have been created in what? a few months? So what are the major pool operators to do with their millions and millions of coins? Speculate with them that the price will keep going up or sell them for BTC?

I was just happy to sell every single doge I mined for btc before the halving. Good times.

I might come off as a dogecoin hater but that is not the case in my opinion. I am just a realist. The recent high price was due to speculation of the halving. And now that is has past the coin is already dropping. It will be a slow steady grind downwards. reddit users will not keep buying if you know what I mean.