matt4054
Legendary

Activity: 1946
Merit: 1038
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December 22, 2013, 07:10:54 PM |
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Of course Dogecoin will loose a lot of value when all multipools are cashing out $ 98,902.69 average per day.  If your logic is correct, they shouldn't sell because it will rise, so let them sell at loss and make a profit  Selling a mined coin essential means distributing it further to other and/or non-miners. The long term price of the coin is totally unknown as it depends on how sustainable the development it etc. And something else about multi coin pools: they stop mining as soon as it's not the most profitable coin to mine.
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asdlolciterquit
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December 22, 2013, 07:15:08 PM |
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yesterday i mined dogecoin at multipool.us for about 4 hours at 400kh/s and i get only 250 coins!!  why?? what i should do??  HELP!!
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digitaltradz
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December 22, 2013, 07:23:08 PM |
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Of course Dogecoin will loose a lot of value when all multipools are cashing out $ 98,902.69 average per day.  If your logic is correct, they shouldn't sell because it will rise, so let them sell at loss and make a profit  Selling a mined coin essential means distributing it further to other and/or non-miners. The long term price of the coin is totally unknown as it depends on how sustainable the development it etc. And something else about multi coin pools: they stop mining as soon as it's not the most profitable coin to mine. Someone thinks it's profitable. There's a 10 million doge buy order on Vircurex at 49 that's been sitting there for about a day now.
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Viperbass
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December 22, 2013, 07:26:58 PM |
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Important read for true exchange value of dogecoin,
alright using coin produced dogecoins value should be around 142 on the exchange. It is definitely oversold at the moment.
As an example dogecoin will have 297 time more coins produced then feathercoin, if you divide feathercoins exchange value / 297 you get over 140 value for doge and this coin has far more hype behind it!
So yes people stop panic'ing the coin is currently selling 3 * less it's true value. It's a buying oppertunity!
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roundrobin
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December 22, 2013, 07:29:59 PM |
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yesterday i mined dogecoin at multipool.us for about 4 hours at 400kh/s and i get only 250 coins!!  why?? what i should do??  HELP!! That's a lot less than you should get at that hashrate in such a large pool. Maybe try a different pool over night. Give dogecoin.miners-pool.eu or pool.chunky.ms a shot, see how that works out.
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LTC: Lbha3tRmE75oHfF4SjSKpxVK2fY9PxrPUX VTC: VguAuTdGRcQzihEgrJDYPYUuugGMMGFCNn FTC: 6fVWQ3eHhhgH1haqThQbxTFV8XjrqyuKY2 SOL: 8X6dLCY8MeZ6RNdBxzYQkd5kxWj8VVPJmL DOGE: DMBQta9ME9cWnRPVXtEbi57CDk1uNpwzSh
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UdjinM6
Legendary

Activity: 1318
Merit: 1040
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December 22, 2013, 07:31:35 PM |
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Important read for true exchange value of dogecoin,
alright using coin produced dogecoins value should be around 142 on the exchange. It is definitely oversold at the moment.
As an example dogecoin will have 297 time more coins produced then feathercoin, if you divide feathercoins exchange value / 297 you get over 140 value for doge and this coin has far more hype behind it!
So yes people stop panic'ing the coin is currently selling 3 * less it's true value. It's a buying oppertunity!
I would say - People, stop buying at 50+! Let them sell at 40+ and buy it ALL for even more profit! 
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DASH: XsV4GHVKGTjQFvwB7c6mYsGV3Mxf7iser6
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thehaxfactory
Newbie

Activity: 28
Merit: 0
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December 22, 2013, 07:32:17 PM |
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yesterday i mined dogecoin at multipool.us for about 4 hours at 400kh/s and i get only 250 coins!!  why?? what i should do??  HELP!! That's a lot less than you should get at that hashrate in such a large pool. Maybe try a different pool over night. Give dogecoin.miners-pool.eu or pool.chunky.ms a shot, see how that works out. Not necessarily. It's possible in that time they only got 1 or 2 blocks and remember block rewards are a random number between 0 - 100,000. There is no accurate way to judge how much you should get from mining over such a short period of time. 4 hours is not going to make for very accurate numbers.
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digitaltradz
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December 22, 2013, 07:32:23 PM |
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Important read for true exchange value of dogecoin,
alright using coin produced dogecoins value should be around 142 on the exchange. It is definitely oversold at the moment.
As an example dogecoin will have 297 time more coins produced then feathercoin, if you divide feathercoins exchange value / 297 you get over 140 value for doge and this coin has far more hype behind it!
So yes people stop panic'ing the coin is currently selling 3 * less it's true value. It's a buying oppertunity!
Holy crap  If coinedup didn't screw up, they are selling for .0000170
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Viperbass
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December 22, 2013, 07:33:35 PM |
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Important read for true exchange value of dogecoin,
alright using coin produced dogecoins value should be around 142 on the exchange. It is definitely oversold at the moment.
As an example dogecoin will have 297 time more coins produced then feathercoin, if you divide feathercoins exchange value / 297 you get over 140 value for doge and this coin has far more hype behind it!
So yes people stop panic'ing the coin is currently selling 3 * less it's true value. It's a buying oppertunity!
I would say - People, stop buying at 50+! Let them sell at 40+ and buy it ALL for even more profit!  The value will start to go up now as people switch back to ltc since doge isn't the mos profitable coin to mine. The best thing that can happen for doge is for the miners that don't value the coin other then getting BTC out to GTFO.
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killdemon
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December 22, 2013, 07:34:11 PM |
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I like.... No wait.... I love Doge is so cheap . .. Soon i am billionaire....Then i am BTC-ionaire...Then i fly to the Moon... Common sell your Doge coins cheap i will buy them all...and than some more.
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Viperbass
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December 22, 2013, 07:37:45 PM |
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I like.... No wait.... I love Doge is so cheap . .. Soon i am billionaire....Then i am BTC-ionaire...Then i fly to the Moon... Common sell your Doge coins cheap i will buy them all...and than some more.
Yeap I am just buying up at these prices now. Like I say it's currently trading at 3 times less then it should be and that's without btc value going up.lol
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murderouskirk
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December 22, 2013, 07:45:34 PM |
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What do you guys think of the new nyan coin?
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UdjinM6
Legendary

Activity: 1318
Merit: 1040
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December 22, 2013, 07:46:05 PM |
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Important read for true exchange value of dogecoin,
alright using coin produced dogecoins value should be around 142 on the exchange. It is definitely oversold at the moment.
As an example dogecoin will have 297 time more coins produced then feathercoin, if you divide feathercoins exchange value / 297 you get over 140 value for doge and this coin has far more hype behind it!
So yes people stop panic'ing the coin is currently selling 3 * less it's true value. It's a buying oppertunity!
I would say - People, stop buying at 50+! Let them sell at 40+ and buy it ALL for even more profit!  The value will start to go up now as people switch back to ltc since doge isn't the mos profitable coin to mine. The best thing that can happen for doge is for the miners that don't value the coin other then getting BTC out to GTFO. well yes, but at 50+ it still the most profitable on multipool.us so.....  I would buy a lot at 40+ 
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DASH: XsV4GHVKGTjQFvwB7c6mYsGV3Mxf7iser6
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G K G
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December 22, 2013, 07:47:25 PM |
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the very fundamental way to make the doge price go up is by creating much wider commodity market place, which accepts DOGE. But that said who cares of fundamentals, we are DOGEs. SUCH FUN & MUCh RETARDED 
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dquancey
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December 22, 2013, 07:48:19 PM |
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What do you guys think of the new nyan coin?
Trying to out-do DOGE. Far too late to the game 
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carlb007
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December 22, 2013, 07:49:22 PM |
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Id really like to hear from the dev and the marketting guy that started the coin off. Obviously this was a joke and its turned into something a bit bigger - id like to know what, if anything, they have planned for this? Are they continuing to support it and market it? If so in what ways? Its crimbo now so i dont expect much to happen over the next few weeks but would be nice to know what their thoughts are on it all.
Im sitting on 5 mil ready to go big or bust but i want to push 500k into a faucet or something open source but not sure what or how yet. Im not going to start up a give away thread as i think it targets the wrong people. Hopefully a facebook app/faucet will launch that i can submit to but its hard to know who you can trust :/
On a totally different subject does anyone know how you go about starting a faucet/doge interface etc? Is theres some API documentation somewhere? I assume its all written in PHP which isnt my strongest language but id be interested in taking a look - not managed to find anything looking about not sure what to search for!
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Viperbass
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December 22, 2013, 07:54:29 PM |
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Important read for true exchange value of dogecoin,
alright using coin produced dogecoins value should be around 142 on the exchange. It is definitely oversold at the moment.
As an example dogecoin will have 297 time more coins produced then feathercoin, if you divide feathercoins exchange value / 297 you get over 140 value for doge and this coin has far more hype behind it!
So yes people stop panic'ing the coin is currently selling 3 * less it's true value. It's a buying oppertunity!
I would say - People, stop buying at 50+! Let them sell at 40+ and buy it ALL for even more profit!  The value will start to go up now as people switch back to ltc since doge isn't the mos profitable coin to mine. The best thing that can happen for doge is for the miners that don't value the coin other then getting BTC out to GTFO. well yes, but at 50+ it still the most profitable on multipool.us so.....  I would buy a lot at 40+  How many coins does a 1000kh give 24hrs on Multipool.us?
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asdlolciterquit
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December 22, 2013, 07:55:56 PM |
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yesterday i mined dogecoin at multipool.us for about 4 hours at 400kh/s and i get only 250 coins!!  why?? what i should do??  HELP!! That's a lot less than you should get at that hashrate in such a large pool. Maybe try a different pool over night. Give dogecoin.miners-pool.eu or pool.chunky.ms a shot, see how that works out. Not necessarily. It's possible in that time they only got 1 or 2 blocks and remember block rewards are a random number between 0 - 100,000. There is no accurate way to judge how much you should get from mining over such a short period of time. 4 hours is not going to make for very accurate numbers. thx for the info. I think i'll keep mining on multipool.us for 20/24 hours and then i'll decide what to do. Just one question: is better use small pool? i knew the opposite 
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matt4054
Legendary

Activity: 1946
Merit: 1038
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December 22, 2013, 07:57:44 PM |
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Just one question: is better use small pool? i knew the opposite  You knew right... small miners will be better off in large pools, not small ones (variance)
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