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boyohi
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December 17, 2013, 02:12:42 AM |
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are we rich yet?
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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thehaxfactory
Newbie
 Offline
Activity: 28
Merit: 0
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December 17, 2013, 02:17:58 AM |
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are we rich yet?
Thanks to BTC, China, hackers, and stupid people we are not. Price was at or above 70 satoshi/doge sometimes pushing above 100. Then hackers stole and sold 54 million in DOGE below market value which dropped everything by quite a bit. China can't use BTC anymore and so BTC is dropping as the Chinese sell off their currency. This caused an overall market drop for all cryptocurrency. So now DOGE is at about half of what it was yesterday. Thankfully though the price stabilized and will likely grow from here. Though thanks to the damage done to BTC, it may take DOGE a bit of time to pull out of it's slump. All of this happened at a bad time in DOGE's life. |
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tins
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December 17, 2013, 02:19:36 AM |
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are we rich yet?
Then hackers stole and sold 54 million in DOGE below market value which dropped everything by quite a bit. Can you tell me more about this? What happened? Where? |
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neflihim
Newbie
Offline
Activity: 44
Merit: 0
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December 17, 2013, 02:23:30 AM |
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That 54 million wasn't sold. It was given back.
Much happy.
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thehaxfactory
Newbie
Offline
Activity: 28
Merit: 0
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December 17, 2013, 02:24:52 AM |
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That 54 million wasn't sold. It was given back.
Much happy.
That was a scam on 4chan. He said he bought the 54 million and was going to give people 3x back. The person told people to send him DOGE and he'd send them back 3x the value. People tried it and received nothing. |
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dukas93
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December 17, 2013, 02:26:47 AM |
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what happen with the netcodedogepool?
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irishmick
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December 17, 2013, 02:30:19 AM |
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are we rich yet?
Thanks to BTC, China, hackers, and stupid people we are not. Price was at or above 70 satoshi/doge sometimes pushing above 100. Then hackers stole and sold 54 million in DOGE below market value which dropped everything by quite a bit. China can't use BTC anymore and so BTC is dropping as the Chinese sell off their currency. This caused an overall market drop for all cryptocurrency. So now DOGE is at about half of what it was yesterday. Thankfully though the price stabilized and will likely grow from here. Though thanks to the damage done to BTC, it may take DOGE a bit of time to pull out of it's slump. All of this happened at a bad time in DOGE's life. Don't spread fud you don't understand. That's what drives prices down. Debbie downer panic sales... Where did you see that they sold the 54 million? The thread addressing this states that the loot was sent back to the pools public donation address and miners got their payouts. White hat hacker just taught the pool owner what security is about. Well that or what no one else seems to say that possibly the owner took it and chickened out so sent it to his donation address to avoid an angry mob of techies. China can use BTC. The central bank just can't use it/redeem it for fiat or collateral. Unless there's been more recent news but that was the news that came out like a week or two ago. It's basically is the same as the US/EU as no banks are giving you fiat directly for BTC. |
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Paskuda
Newbie
Offline
Activity: 12
Merit: 0
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December 17, 2013, 02:32:43 AM |
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wut with that pool  ? doge.luckyminers.comI need to withdraw a bit of a coin |
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wakasaki808
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December 17, 2013, 02:33:21 AM |
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are we rich yet?
Thanks to BTC, China, hackers, and stupid people we are not. Price was at or above 70 satoshi/doge sometimes pushing above 100. Then hackers stole and sold 54 million in DOGE below market value which dropped everything by quite a bit. China can't use BTC anymore and so BTC is dropping as the Chinese sell off their currency. This caused an overall market drop for all cryptocurrency. So now DOGE is at about half of what it was yesterday. Thankfully though the price stabilized and will likely grow from here. Though thanks to the damage done to BTC, it may take DOGE a bit of time to pull out of it's slump. All of this happened at a bad time in DOGE's life. Don't spread fud you don't understand. That's what drives prices down. Debbie downer panic sales... Where did you see that they sold the 54 million? The thread addressing this states that the loot was sent back to the pools public donation address and miners got their payouts. White hat hacker just taught the pool owner what security is about. Well that or what no one else seems to say that possibly the owner took it and chickened out so sent it to his donation address to avoid an angry mob of techies. China can use BTC. The central bank just can't use it/redeem it for fiat or collateral. Unless there's been more recent news but that was the news that came out like a week or two ago. It's basically is the same as the US/EU as no banks are giving you fiat directly for BTC. just as an fyi about the China information...(I believe its new information from the last one). http://www.coindesk.com/china-bans-payment-companies-working-bitcoin-exchanges-sources-claim/was the reason for the drop in all crypto's today  . |
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Ng93
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December 17, 2013, 02:34:51 AM |
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what happen with the netcodedogepool?
down ? |
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DMaster2008
Member
Offline
Activity: 66
Merit: 10
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December 17, 2013, 02:35:56 AM |
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what happen with the netcodedogepool?
Port 4094 down, old 4093 alive |
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filthyrake
Newbie
Offline
Activity: 28
Merit: 0
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December 17, 2013, 02:37:24 AM |
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folks are welcome to come join the pool at gooddoge.com  (though, honestly, I have nothing but love for netcodepool - I mined there for a while myself! They are great guys!) |
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EFS
Staff
Legendary
 Online
Activity: 3570
Merit: 2028
Crypto Swap Exchange
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December 17, 2013, 02:37:40 AM |
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I sent some Doge but it stucked. How can I refresh wallet? I tried -rescan but it didn't work. If somebody fix this, I'll send 1000 Doge.
Did it myself.
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scarface
Sr. Member
Offline
Activity: 350
Merit: 250
Spectiv VR Crowdsale: 12/08/17
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December 17, 2013, 02:39:34 AM |
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luckyminers pool either got ddosed or the owner skipped town with a small fortune
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digitaltradz
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December 17, 2013, 02:41:33 AM |
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are we rich yet?
Thanks to BTC, China, hackers, and stupid people we are not. Price was at or above 70 satoshi/doge sometimes pushing above 100. Then hackers stole and sold 54 million in DOGE below market value which dropped everything by quite a bit. China can't use BTC anymore and so BTC is dropping as the Chinese sell off their currency. This caused an overall market drop for all cryptocurrency. So now DOGE is at about half of what it was yesterday. Thankfully though the price stabilized and will likely grow from here. Though thanks to the damage done to BTC, it may take DOGE a bit of time to pull out of it's slump. All of this happened at a bad time in DOGE's life. Until you can show volume proof that the 54 million was sold into the market, qualify it with IMO. There is no proof or probably capabilities with the limited outlets for the coin to dump that much in 24 hours without being noticed by everyone. This is just a correction in the market. The price took a 50% haircut which is a nice Fibonacci Retrace point and is now slowly recovering--key word being slowly. Also, looking at the short few days charts for DOGE, the Elliot Wave played out almost to a textbook rise and fall. |
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digitaltradz
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December 17, 2013, 02:46:00 AM |
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are we rich yet?
Thanks to BTC, China, hackers, and stupid people we are not. Price was at or above 70 satoshi/doge sometimes pushing above 100. Then hackers stole and sold 54 million in DOGE below market value which dropped everything by quite a bit. China can't use BTC anymore and so BTC is dropping as the Chinese sell off their currency. This caused an overall market drop for all cryptocurrency. So now DOGE is at about half of what it was yesterday. Thankfully though the price stabilized and will likely grow from here. Though thanks to the damage done to BTC, it may take DOGE a bit of time to pull out of it's slump. All of this happened at a bad time in DOGE's life. Don't spread fud you don't understand. That's what drives prices down. Debbie downer panic sales... Where did you see that they sold the 54 million? The thread addressing this states that the loot was sent back to the pools public donation address and miners got their payouts. White hat hacker just taught the pool owner what security is about. Well that or what no one else seems to say that possibly the owner took it and chickened out so sent it to his donation address to avoid an angry mob of techies. China can use BTC. The central bank just can't use it/redeem it for fiat or collateral. Unless there's been more recent news but that was the news that came out like a week or two ago. It's basically is the same as the US/EU as no banks are giving you fiat directly for BTC. just as an fyi about the China information...(I believe its new information from the last one). http://www.coindesk.com/china-bans-payment-companies-working-bitcoin-exchanges-sources-claim/was the reason for the drop in all crypto's today . For BTC and LTC and some of the other alts, but DOGE is to new to be effected by that IMO. Could be though. I think it's just a healthy correction. |
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thehaxfactory
Newbie
Offline
Activity: 28
Merit: 0
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December 17, 2013, 02:53:36 AM |
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are we rich yet?
Thanks to BTC, China, hackers, and stupid people we are not. Price was at or above 70 satoshi/doge sometimes pushing above 100. Then hackers stole and sold 54 million in DOGE below market value which dropped everything by quite a bit. China can't use BTC anymore and so BTC is dropping as the Chinese sell off their currency. This caused an overall market drop for all cryptocurrency. So now DOGE is at about half of what it was yesterday. Thankfully though the price stabilized and will likely grow from here. Though thanks to the damage done to BTC, it may take DOGE a bit of time to pull out of it's slump. All of this happened at a bad time in DOGE's life. Until you can show volume proof that the 54 million was sold into the market, qualify it with IMO. There is no proof or probably capabilities with the limited outlets for the coin to dump that much in 24 hours without being noticed by everyone. This is just a correction in the market. The price took a 50% haircut which is a nice Fibonacci Retrace point and is now slowly recovering--key word being slowly. Also, looking at the short few days charts for DOGE, the Elliot Wave played out almost to a textbook rise and fall. There is no proof it was given back either. The person that said he was giving it back was a scammer. He basically said he bought the 54 million and was going to give it back to the community. He was accepting DOGE in exchange for x3 DOGE in return. Only thing is...no one received DOGE in return. Standard Ponzi scheme. |
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irishmick
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December 17, 2013, 02:58:14 AM |
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My apologies HaxFactory you may have gotten 1 of them right ;o) I guess we'll see when/if the central bank confirms. |
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thehaxfactory
Newbie
Offline
Activity: 28
Merit: 0
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December 17, 2013, 03:01:54 AM |
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My apologies HaxFactory you may have gotten 1 of them right ;o) I guess we'll see when/if the central bank confirms. It's fine there really isn't much substantiated evidence on the 54 million on either side. Even so when that event happened Doge dropped like a rock. Keep in mind that was before the China thing. So whether or not the 54 mil actually was sold, it did affect the value. |
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