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Author Topic: [ANN][DOGE] Dogecoin - very currency many coin - v1.10.0  (Read 3032060 times)
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August 12, 2014, 04:34:11 PM
 #21601

Doge is doing the typical scheme of a coin dying..low volume,marketcap going down,less people using every day..etc etc

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August 12, 2014, 05:40:53 PM
 #21602

Doge is doing the typical scheme of a coin dying..low volume,marketcap going down,less people using every day..etc etc

That is only temporary, because everybody was focused on reward schedule, POS/POW, or pumping and dumping.  Momentum (maybe I should call it love) is still there, one or two (non technical) events can make a big difference.
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August 12, 2014, 07:20:59 PM
 #21603


How do you secure the network if you cap the coin?  How many new successful coins are capped these days?  Huh

In the short run Bitcoin & Litecoin has a higher supply inflation rate that Doge.
             Dogecoin  Bitcoin    Litecoin
  2015   5.26%     10%       33.33%
  2016   5%          9.09%    12.5%
  2017   4.76%     4.1%      11.11%
  2018   4.54%     4%         10%
  2019   4.35%     3.85%    9.09%
  2020   4.2%        3.7%      4.1%



Bitcoin = capped
LTC = capped
DOGE = dead

Network will be just fine with capping and merging.... also your coins will be special. Right now your coins are just a diluted piece of dogeshit.

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August 13, 2014, 12:05:53 AM
 #21604

I'm holding DOGE since months and they lost almost all their value, I'm sorry but I think I have to sell my millions (worth nothing...).

I could be WAY wrong but I feel part of the reason Dogecoin price is down is due to coin HOLDERS such as yourself. Imagine if ALL Dogecoin was being held...the price would PLUMMET. Instead of spending (NOT SELLING) Dogecoin on physical goods or services, people just hold their coins and watch the price drop. If Dogecoin was being USED more (and not just exchange sell/trade offs either) then there would be a LOT more life in Dogecoin.
There are DOZENS of online stores/services that take Dogecoin for payment.

If YOU (ANYONE HOLDING DOGECOIN) do not spend your Dogecoin, (even just a little) YOU are helping to bring the price down.

Why should the value go up right now? Most Dogecoin fanboys/girls just want to HOLD their Dogecoin in hopes of HITTING it big time. Jeesh
People HOLD or CASH out. What good does that do for the Dogecoin community? NOTHING. Gotta CIRCULATE the currency for ANY value to be seen by others.


SPEND THAT DOGECOIN.

ps-I agree about needing to cap the coin but WE as miners/buyers of Dogecoin can only suggest/recommend that option to the Devs

Saving some of your Dogecoin is obviously good too. It will helps people buy bigger things in the future. But only if prices are somewhat stable.  

Yes it's good to spend Doge but it depends where & how it's spent.  

The answer is spending Dogecoin on everyday purchases that we do on a regular bases. Then we would  need to buy new Dogecoin Frequently which would increase the demand.  But its very important on how fast we can purchase Dogecoin.  The faster we can convert fiat to Doge the better. This would allow people to buy Dogecoin and use it immediately for things we normal spend fiat on without loosing money from price volatility.

Here is one way this is achieved:
If store owners & services offered better pricing for their goods and services would help tremendous.  Discounts for using Doge!

The problem remains:

Not enough people are buying Dogecoin.  This is Obviously.

Currently here is what frequently happens:

When an online store accepts Dogecoin for a purchase they generally immediately dump Doge daily for BTC.  Then BTC is dumped for Fiat.    This effect is also magnified when raising large amounts to charity.  Don't get me wrong. I Love supporting Charities but you can't deny the fact that after a major fund raiser like Jamaican Bobsled or NASCAR that most all the those coins get converted back to USD. Those are huge dumps!  Multiple that with mulit-pool miners that only want immediate profit.  Those are huge daily dumps. Dump after Dump.  

But the community has done an amazing Job keeping Dogecoin's value this high.   I believe it will go back up over time.  But many people are in Crypto-currency for short term profits like most businesses.  The community using it as a tipping currency has been beneficial since it stays within the eccomony.  I know there are a few Dogecoin businesses that love Doge and keep some their coins to use for savings, tipping, and charities.  But eventually many coins are dumped for Fiat.   This has been a problem for Bitcoin as well.

Think about what was the a main contributing factor that caused the 2013  Crash of Bitcoin?  2 words. BLACK FRIDAY.  Biggest shopping day of the year.  Look at the charts.

A big step is when we see more manufacturing and commodity type businesses like farmers who will accept crypto-currencies.  But their vendors will also need to accept these Crypto in order to keep it in the eccomony.

Keeping the Dogecoin in the eccomony is very important. How we do that is the question everyone should be asking themselves.  One important way is that we Dump Fiat for Dogecoin not the other way around.  


Doge will go back up when the community figures out what they need to do.

These were only a few tips.  Cheesy

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August 13, 2014, 12:10:02 AM
 #21605

i sold my doge.  Cry
Like robbin williams, RIP little shibe.
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August 13, 2014, 12:27:12 AM
 #21606

i sold my doge.  Cry
Like robbin williams, RIP little shibe.

You should never feel bad/sad selling into the market.

If she can't make it... she can't make it.

You didn't fail DOGE... DOGE failed you. (Devs and those gay reddit fucks)

Yay for decentralized Wink

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August 13, 2014, 12:53:15 AM
 #21607


How do you secure the network if you cap the coin?  How many new successful coins are capped these days?  Huh

In the short run Bitcoin & Litecoin has a higher supply inflation rate that Doge.
             Dogecoin  Bitcoin    Litecoin
  2015   5.26%     10%       33.33%
  2016   5%          9.09%    12.5%
  2017   4.76%     4.1%      11.11%
  2018   4.54%     4%         10%
  2019   4.35%     3.85%    9.09%
  2020   4.2%        3.7%      4.1%



Bitcoin = capped - This will take many many years.
LTC = capped  - This will take many many years.
DOGE = dead

Network will be just fine with capping and merging.... also your coins will be special. Right now your coins are just a diluted piece of dogeshit.

The inflationary supply of Dogecoin is what makes Dogecoin special. 

Bitcoin might be good for savings and buying things like cars and houses.  But Dogecoin is good for purchasing everyday things. 

Most people do not like dealing with decimals when spending money. This is fact.

Bitcoin is like Gold.  Dogecoin is like $


One of Bitcoin's biggest problem is being solved with Dogecoin.

Can Bitcoin survive on transactions fees alone?  Will these transaction fees be controlled by a few mass mining operations.  Like banks of today? This seems very centralized to me.

I've been a Bitcoin supporter for many years. But we aren't limited to one currency.  Many Crypto-currenies will have purposes that will offer different uses in the future.

Dogecoin has done a good Job reaching the masses. This is key.  This means the coin is not going away anytime soon. 

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August 13, 2014, 01:27:41 AM
 #21608


Bitcoin is like Gold.  Dogecoin is like $


I knew that is what Jackson was thinking too, but it isn't.  I can use a physical dollar to smoke a joint, light a camp fire and clean my ass with.  DOGE is literally nothing... this is worse that a public company diluting the hell out of their share holders (they can use the physical paper they are promised or the shit mailed from the Broker.)

Dogecoin has done a good Job reaching the masses. This is key.  This means the coin is not going away anytime soon.  

DOGE did a excellent job marketing (everyone involved and myself included.)

However, DOGE dollar value is only worth to its bitcoin value... If you don't keep the bitcoiners happy then the little retarded meme followers aren't going to have shit to cheerlead.  I believe time has shown that BTC is very cautious about flowing into a endless hole.

I believe if it was to be capped it would lead to more BTC speculation + faith their coins are special + LTC pools will mine it.

This could potentially pinch the people who are selling this coin short in various places causing the price to bounce that much harder.  
 

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August 13, 2014, 03:41:00 AM
 #21609

i sold my doge.  Cry
Like robbin williams, RIP little shibe.

You should never feel bad/sad selling into the market.

If she can't make it... she can't make it.

You didn't fail DOGE... DOGE failed you. (Devs and those gay reddit fucks)

Yay for decentralized Wink

The sub-reddit Dogecoin members are some of the most decentralized group I've ever seen.  They come from all walks of life, ages, and backgrounds.  They flock in from different social networks from all over the place to show support and share progress, but mostly to have fun.  Grin

BitcoinTalk.org is an awesome message board for Bitcoin but mainly reaches serious techs, devs, miners, investors & FUDsters.
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August 13, 2014, 04:12:53 AM
 #21610

(Devs and those gay reddit fucks)


The sub-reddit Dogecoin members are some of the most decentralized group I've ever seen.  They come from all walks of life, ages, and backgrounds.  

So you would admit there are gay reddit fucks?

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August 13, 2014, 04:39:07 AM
 #21611

(Devs and those gay reddit fucks)


The sub-reddit Dogecoin members are some of the most decentralized group I've ever seen.  They come from all walks of life, ages, and backgrounds.  

So you would admit there are gay reddit fucks?

Diversity and Decentralization at its best.  People from all over the world! Grin
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August 13, 2014, 07:57:18 AM
 #21612

DOGE have been dying? ?!!! Down and down and again down.

Liberty...
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August 13, 2014, 08:11:41 AM
 #21613

I'm holding DOGE since months and they lost almost all their value, I'm sorry but I think I have to sell my millions (worth nothing...).

I could be WAY wrong but I feel part of the reason Dogecoin price is down is due to coin HOLDERS such as yourself. Imagine if ALL Dogecoin was being held...the price would PLUMMET. Instead of spending (NOT SELLING) Dogecoin on physical goods or services, people just hold their coins and watch the price drop. If Dogecoin was being USED more (and not just exchange sell/trade offs either) then there would be a LOT more life in Dogecoin.
There are DOZENS of online stores/services that take Dogecoin for payment.

If YOU (ANYONE HOLDING DOGECOIN) do not spend your Dogecoin, (even just a little) YOU are helping to bring the price down.

Why should the value go up right now? Most Dogecoin fanboys/girls just want to HOLD their Dogecoin in hopes of HITTING it big time. Jeesh
People HOLD or CASH out. What good does that do for the Dogecoin community? NOTHING. Gotta CIRCULATE the currency for ANY value to be seen by others.


SPEND THAT DOGECOIN.

ps-I agree about needing to cap the coin but WE as miners/buyers of Dogecoin can only suggest/recommend that option to the Devs

Saving some of your Dogecoin is obviously good too. It will helps people buy bigger things in the future. But only if prices are somewhat stable.  

Yes it's good to spend Doge but it depends where & how it's spent.  

The answer is spending Dogecoin on everyday purchases that we do on a regular bases. Then we would  need to buy new Dogecoin Frequently which would increase the demand.  But its very important on how fast we can purchase Dogecoin.  The faster we can convert fiat to Doge the better. This would allow people to buy Dogecoin and use it immediately for things we normal spend fiat on without loosing money from price volatility.

Here is one way this is achieved:
If store owners & services offered better pricing for their goods and services would help tremendous.  Discounts for using Doge!

The problem remains:

Not enough people are buying Dogecoin.  This is Obviously.

Currently here is what frequently happens:

When an online store accepts Dogecoin for a purchase they generally immediately dump Doge daily for BTC.  Then BTC is dumped for Fiat.    This effect is also magnified when raising large amounts to charity.  Don't get me wrong. I Love supporting Charities but you can't deny the fact that after a major fund raiser like Jamaican Bobsled or NASCAR that most all the those coins get converted back to USD. Those are huge dumps!  Multiple that with mulit-pool miners that only want immediate profit.  Those are huge daily dumps. Dump after Dump.  

But the community has done an amazing Job keeping Dogecoin's value this high.   I believe it will go back up over time.  But many people are in Crypto-currency for short term profits like most businesses.  The community using it as a tipping currency has been beneficial since it stays within the eccomony.  I know there are a few Dogecoin businesses that love Doge and keep some their coins to use for savings, tipping, and charities.  But eventually many coins are dumped for Fiat.   This has been a problem for Bitcoin as well.

Think about what was the a main contributing factor that caused the 2013  Crash of Bitcoin?  2 words. BLACK FRIDAY.  Biggest shopping day of the year.  Look at the charts.

A big step is when we see more manufacturing and commodity type businesses like farmers who will accept crypto-currencies.  But their vendors will also need to accept these Crypto in order to keep it in the eccomony.

Keeping the Dogecoin in the eccomony is very important. How we do that is the question everyone should be asking themselves.  One important way is that we Dump Fiat for Dogecoin not the other way around.  


Doge will go back up when the community figures out what they need to do.

These were only a few tips.  Cheesy


So dogecoin need to be changed to POS to make people to hold and buy. And POS can reduce the power fee to run the system. The power fee is bigger and bigger day by day. Then the most important thing is fixed the POS's problem.
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August 13, 2014, 08:28:43 AM
 #21614

I'm holding DOGE since months and they lost almost all their value, I'm sorry but I think I have to sell my millions (worth nothing...).

I could be WAY wrong but I feel part of the reason Dogecoin price is down is due to coin HOLDERS such as yourself. Imagine if ALL Dogecoin was being held...the price would PLUMMET. Instead of spending (NOT SELLING) Dogecoin on physical goods or services, people just hold their coins and watch the price drop. If Dogecoin was being USED more (and not just exchange sell/trade offs either) then there would be a LOT more life in Dogecoin.
There are DOZENS of online stores/services that take Dogecoin for payment.

If YOU (ANYONE HOLDING DOGECOIN) do not spend your Dogecoin, (even just a little) YOU are helping to bring the price down.

Why should the value go up right now? Most Dogecoin fanboys/girls just want to HOLD their Dogecoin in hopes of HITTING it big time. Jeesh
People HOLD or CASH out. What good does that do for the Dogecoin community? NOTHING. Gotta CIRCULATE the currency for ANY value to be seen by others.


SPEND THAT DOGECOIN.

ps-I agree about needing to cap the coin but WE as miners/buyers of Dogecoin can only suggest/recommend that option to the Devs

Saving some of your Dogecoin is obviously good too. It will helps people buy bigger things in the future. But only if prices are somewhat stable.  

Yes it's good to spend Doge but it depends where & how it's spent.  

The answer is spending Dogecoin on everyday purchases that we do on a regular bases. Then we would  need to buy new Dogecoin Frequently which would increase the demand.  But its very important on how fast we can purchase Dogecoin.  The faster we can convert fiat to Doge the better. This would allow people to buy Dogecoin and use it immediately for things we normal spend fiat on without loosing money from price volatility.

Here is one way this is achieved:
If store owners & services offered better pricing for their goods and services would help tremendous.  Discounts for using Doge!

The problem remains:

Not enough people are buying Dogecoin.  This is Obviously.

Currently here is what frequently happens:

When an online store accepts Dogecoin for a purchase they generally immediately dump Doge daily for BTC.  Then BTC is dumped for Fiat.    This effect is also magnified when raising large amounts to charity.  Don't get me wrong. I Love supporting Charities but you can't deny the fact that after a major fund raiser like Jamaican Bobsled or NASCAR that most all the those coins get converted back to USD. Those are huge dumps!  Multiple that with mulit-pool miners that only want immediate profit.  Those are huge daily dumps. Dump after Dump.  

But the community has done an amazing Job keeping Dogecoin's value this high.   I believe it will go back up over time.  But many people are in Crypto-currency for short term profits like most businesses.  The community using it as a tipping currency has been beneficial since it stays within the eccomony.  I know there are a few Dogecoin businesses that love Doge and keep some their coins to use for savings, tipping, and charities.  But eventually many coins are dumped for Fiat.   This has been a problem for Bitcoin as well.

Think about what was the a main contributing factor that caused the 2013  Crash of Bitcoin?  2 words. BLACK FRIDAY.  Biggest shopping day of the year.  Look at the charts.

A big step is when we see more manufacturing and commodity type businesses like farmers who will accept crypto-currencies.  But their vendors will also need to accept these Crypto in order to keep it in the eccomony.

Keeping the Dogecoin in the eccomony is very important. How we do that is the question everyone should be asking themselves.  One important way is that we Dump Fiat for Dogecoin not the other way around.  


Doge will go back up when the community figures out what they need to do.

These were only a few tips.  Cheesy


So dogecoin need to be changed to POS to make people to hold and buy. And POS can reduce the power fee to run the system. The power fee is bigger and bigger day by day. Then the most important thing is fixed the POS's problem.

After change to POS, inflationary is not a big problem anylonger. Then you have the chance to make dogecoin to be used in shopping. Right now, no one can hold dogecoin to get benifit, No bank will give you dogecoin interest and it is inflationary. Why hold dogecoin,but not USD? So dogecoin don't fit in shopping system now. Shopping more, kill dogecoin more.

You must make dogecoin better than USD, then people have the reason to change USD to Doge.  The  inflationary must lower than USD but not higher. You must treat people as a Economic man but not a fool.
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August 13, 2014, 09:49:14 AM
 #21615


Such a bad decision in my opinion. I would not be surprised if the prize for DOGE will go down when people realize this Sad

Why do you say that exactly?

From the comments of that post:

"Here is the amount added each year for DOGE, BTC and LTC:

          Dogecoin    Bitcoin     Litecoin

2015    5.26%       10%        33.33%
2016    5%           9.09%      12.5%
2017    4.76%       4.1%       11.11%
2018    4.54%       4%          10%
2019    4.35%       3.85%      9.09%
2020    4.2%         3.7%       4.1%"

Obama:  Hey Ben , we have a big problem, we can't pay anyone anymore , we're out of funds
Ben: Stay calm , we'll print some more $

Doge fan: If there will be no reward I won't mine anymore
Doge creator: Stay calm , we'll just create more coins.

See thee path to failure?

I warned everyone that an inflationary coin has no future but at that time hundreds of shibes with much economics insight claimed the opposite.
Amazing how this turned out. Wow.

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August 13, 2014, 09:53:32 AM
 #21616

I warned everyone that an inflationary coin has no future

Do you mean Bitcoin with its double-digit inflation this and next year? Why are you suddenly so pessimistic about its future? What non-inflationary crypto do you prefer?
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August 13, 2014, 09:55:03 AM
 #21617

Dogecoin's logo can now be used as an icon for Facebook groups! There's only about 50 to choose from, so that's quite surprising.


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NPay Network
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niothor
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August 13, 2014, 10:18:49 AM
 #21618

I warned everyone that an inflationary coin has no future

Do you mean Bitcoin with its double-digit inflation this and next year? Why are you suddenly so pessimistic about its future? What non-inflationary crypto do you prefer?

Bitcoin has a target..21 million coins.
Doge has another target... unlimited supply.

But don't get me wrong.
As a currency doge has no future with this numbers. As a fun coin , tipping coin or crowd funding it will never die.

Ps. I never was very optimistic about the future.
Unlike you....

After the next halvening when block reward becomes 125k and certainly after the next one in June (62.5k block reward) the supply of newly dumped coins will diminish and 85% of all the Doges will be in circulation, that's when the price will start growing. Hence the next 2 weeks will be hard, then it will get easier, and at the end of June significantly easier and 200 satoshi. Wafflepool and other multipools will switch to mining Litecoin exclusively and stop dumping millions of doges. Just hang tight, the bright side is near. Doge will be $0.01 this year.

Look at the graph and tell us what happened at the last reward halving.

The hope for doge lies in it community and if it will stay alive during this month of china madness it will recover.

But for the first time the community is braking apart

I heard that at 60 cents at 50 cents now at 40 cents.
Do not underestimate the bears. If more fud comes from china you're going to buy the coins at 10 cents.

Bitcoin went from $1200 to $400,
Doge went from 280 to 95,
going down in unison, 3 times cheaper now from their peaks, so same logic applies to both - people kept saying bitcoin is a great buy at $800, then at $600, $500. The difference is DOGE is way more undervalued, and hence a bargain. Both Bitcoin and Doge could go down more, but that's fine, catching the exact bottom is tricky. What's more attractive in Doge is its upside potential. However, 10 cents per 1000 doge means Bitcoin will be $100. You think it's feasible? I don't think so. 30 cents, $300 for bitcoin is still possible. 10 cents, $100 for bitcoin means cryptos are dead, never to recover again, and going to zero.

Hmmmmm
Current price is 16cents....

devphp
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August 13, 2014, 10:25:49 AM
 #21619

Bitcoin has a target..21 million coins.
Doge has another target... unlimited supply.

But don't get me wrong.
As a currency doge has no future with this numbers. As a fun coin , tipping coin or crowd funding it will never die.

Ps. I never was very optimistic about the future.
Unlike you....

Yeah, but before that target of 21 million is reached, it's going to inflate a lot. While Doge will already be inflating less than others before the end of this year.

I admit I was too optimistic about Dogecoin's short-term future. I still believe Dogecoin can hit $0.01, but not this year.

We learn all the time and it's wisdom to maintain a balanced view on things, and I have rebalanced mine in the past 2-3 months, hopefully gained a bit more wisdom than in April Smiley
niothor
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August 13, 2014, 10:58:50 AM
 #21620

Bitcoin has a target..21 million coins.
Doge has another target... unlimited supply.

But don't get me wrong.
As a currency doge has no future with this numbers. As a fun coin , tipping coin or crowd funding it will never die.

Ps. I never was very optimistic about the future.
Unlike you....

Yeah, but before that target of 21 million is reached, it's going to inflate a lot. While Doge will already be inflating less than others before the end of this year.

I admit I was too optimistic about Dogecoin's short-term future. I still believe Dogecoin can hit $0.01, but not this year.

We learn all the time and it's wisdom to maintain a balanced view on things, and I have rebalanced mine in the past 2-3 months, hopefully gained a bit more wisdom than in April Smiley

Yes , but that has been already taken into account by the markets.People always talk about the 21mils bitcoin not about the current mined ones.

When it comes to doge...
The thing i hate most about it is that even if inflation was a bad move , it has come unexpected. Basically the coin was designed so from the start the dev realized it after two months and just embraced the idea
This is not good for any coin that tries to conquer the world.

That's why bitcoin is not changing , there are no hard forks no nothing to change the block , distribution , algo. People want stability.

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