[ANN][DOGE] Dogecoin - very currency many coin - v1.10.0

[UdjinM6]

Difficulty adjusting algo can be changed to counter multi pools. Its called "anti multi pool patch" or "anti flash mining patch". Some scrypt coins already have, DOGE will get it sooner or later.

With multi pools stopped, DOGE value will raise.

how does it work?

@dogecoin any plans to implement this?

 If you think that this would be good for DOGE you are greatly mistaken. Just try to think outside of box for once.
If multipools drop DOGE, then indeed DOGE value per coin would rise a little, but only on short term. It will stabilize around same profitability as any other coin and will stay on that price rage for a very long time and will not benefit for DOGE in long term.
Why? I will tell you why:

Multipool brings a lot of additional hash power. There are several benefits on that:
 
1 .block reward will be halfed much sooner.
2. block reward halfed = price doubled - assuming that net hash will not drop.
3. more hash = lower price point = more coins on market = more people can afford to step in. = more popularity.
Its all connected and all good for DOGE in long term view.

+1 to this ^

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[kalus]

Difficulty adjusting algo can be changed to counter multi pools. Its called "anti multi pool patch" or "anti flash mining patch". Some scrypt coins already have, DOGE will get it sooner or later.

With multi pools stopped, DOGE value will raise.

how does it work?

@dogecoin any plans to implement this?

 If you think that this would be good for DOGE you are greatly mistaken. Just try to think outside of box for once.
If multipools drop DOGE, then indeed DOGE value per coin would rise a little, but only on short term. It will stabilize around same profitability as any other coin and will stay on that price rage for a very long time and will not benefit for DOGE in long term.
Why? I will tell you why:

Multipool brings a lot of additional hash power. There are several benefits on that:
 
1 .block reward will be halfed much sooner.
2. block reward halfed = price doubled - assuming that net hash will not drop.
3. more hash = lower price point = more coins on market = more people can afford to step in. = more popularity.
Its all connected and all good for DOGE in long term view.

+1

this is a long term view of dogecoin that i wholeheartedly agree with.

No one can control the switching pools without also turning away a lot of doge production.

if we choke the doge supply, artificial scarcity will do the coin in.

for now, make hay while the sun is shining.  mine now while the difficulty is still within reach, or you'll be crying jan 1, 2015.

[exzellenz]

RIP

[Gasai Yuno]

im holding my 500k doge. it will be riseup again. we have seen same scene before.

[BayAreaCoins]

Nerdos have to make money guys! Hopefully they will tuck it back in the ass end

[Kergekoin]

Well, lets look at market statistics a little:

Despite of price steadily dropping last 10 days, the market cap of DOGE in on the rise again. This is due stable network hash rate over 20GHs.


DOGE is still on top of the profitability. This info indicates that DOGE is gaining popularity. Holders are stockpiling more and new investors coming in as well.
Information taken from:
http://dogechain.info/
http://www.cryptmarketcap.com/
http://www.coinwarz.com/

[carlb007]

Difficulty adjusting algo can be changed to counter multi pools. Its called "anti multi pool patch" or "anti flash mining patch". Some scrypt coins already have, DOGE will get it sooner or later.

With multi pools stopped, DOGE value will raise.

how does it work?

@dogecoin any plans to implement this?

 If you think that this would be good for DOGE you are greatly mistaken. Just try to think outside of box for once.
If multipools drop DOGE, then indeed DOGE value per coin would rise a little, but only on short term. It will stabilize around same profitability as any other coin and will stay on that price rage for a very long time and will not benefit for DOGE in long term.
Why? I will tell you why:

Multipool brings a lot of additional hash power. There are several benefits on that:
 
1 .block reward will be halfed much sooner.
2. block reward halfed = price doubled - assuming that net hash will not drop.
3. more hash = lower price point = more coins on market = more people can afford to step in. = more popularity.
Its all connected and all good for DOGE in long term view.

Only the block reward wont be halved any sooner at all. Blocks will be halved on or around mid Feb regardless of how many people are mining it, because it always adjusts to release 1 block per minute. 1440 blocks a day is the target so its 41 days from right now.
Whilst i agree and think the price will go up at the block halving, it could well be a case of were at 25 satoshis by that point - which will result in exactly the same price as we have now (or have had the past few days). I was originally looking forward to a price of 100+ come feb but i dont think that will be the case at all now, and am looking much futher ahead towards the end of this year.

Time will tell. Stil working away on a nice little game/app for Doge atm

[niothor]

Well, lets look at market statistics a little:

Despite of price steadily dropping last 10 days, the market cap of DOGE in on the rise again. This is due stable network hash rate over 20GHs.


DOGE is still on top of the profitability. This info indicates that DOGE is gaining popularity. Holders are stockpiling more and new investors coming in as well.
Information taken from:
http://dogechain.info/
http://www.cryptmarketcap.com/
http://www.coinwarz.com/

Shouldn't the green and the red lines intersect at today's date? Cause those are some real poor drawings!

[panonym]

1 .block reward will be halfed much sooner.

Wrong.
Block speed will not change, only the difficulty.

The top 2 address worry me a bit.
But I'm still on holding mode.
Bought at 30, so I still have a leeway.
Hopefully it will not drop much more. Hope is free. Doge rise!

[niothor]

1 .block reward will be halfed much sooner.

Wrong.
Block speed will not change, only the difficulty.

The top 2 address worry me a bit.
But I'm still on holding mode.
Bought at 30, so I still have a leeway.
Hopefully it will not drop much more. Hope is free. Doge rise!

You're wrong.
Block reward will be halving sooner because we have blocks issued faster than normal.
More hashpower added during same difficulty levels makes blocks being issued faster than normal till the new difficulty adjustment.

You can check the history of bitcoinclock to see how the new halving has advanced more than 4 months.

[Kergekoin]

Right that block time is 60seconds. Silly me.
Difficulty retarget is 4 hours and multipool switching is messing up block plan a little, but over long term its still going to be around 1 block per minute.

However, rest of my arguments stay. Just my opinion.

[Kergekoin]

Shouldn't the green and the red lines intersect at today's date? Cause those are some real poor drawings!

 

Lines are there to help to see the change of direction. Trend lines are drawn from market graph low to low and high to high until trend breaks and retraces to confirm the break. As you can see theres no vertical lines for dates. Its just appoximate dates under the graph.
If you want to learn how trend lines are supposed to be drawn then you can google about it. Theres plenty of tutorials.
Of course its not very good idea to take any coin trends as serious trends. Its just another tool for predictions.
I use trendlines every day on my work. They are primitive but effective if used correctly.

[niothor]

Shouldn't the green and the red lines intersect at today's date? Cause those are some real poor drawings!

 

Lines are there to help to see the change of direction. Trend lines are drawn from market graph low to low and high to high until trend breaks and retraces to confirm the break. As you can see theres no vertical lines for dates. Its just appoximate dates under the graph.
If you want to learn how trend lines are supposed to be drawn then you can google about it. Theres plenty of tutorials.
Of course you cant take any altcoin trends as serious trends. Its just another tool for predictions.

Common , we both know what I was talking about. If you would have drawn the first line from the random moment you chose till today , the marketcap line would be linear and would have shown no increase at all. .

[Kergekoin]

Shouldn't the green and the red lines intersect at today's date? Cause those are some real poor drawings!

 

Lines are there to help to see the change of direction. Trend lines are drawn from market graph low to low and high to high until trend breaks and retraces to confirm the break. As you can see theres no vertical lines for dates. Its just appoximate dates under the graph.
If you want to learn how trend lines are supposed to be drawn then you can google about it. Theres plenty of tutorials.
Of course you cant take any altcoin trends as serious trends. Its just another tool for predictions.

Common , we both know what I was talking about. If you would have drawn the first line from the random moment you chose till today , the marketcap line would be linear and would have shown no increase at all. .

I know what you mean, but  the answer is no. Trend line have no time variable by default. Today price slightly broke below again for short time. This is considered a "retrace" until price movement indicates that break was false and price/market cap stays below the upper trend line. At the moment its still considered as a trend break. Break stays unconfirmed until price/market cap  makes new high again.

[niothor]

Shouldn't the green and the red lines intersect at today's date? Cause those are some real poor drawings!

 

Lines are there to help to see the change of direction. Trend lines are drawn from market graph low to low and high to high until trend breaks and retraces to confirm the break. As you can see theres no vertical lines for dates. Its just appoximate dates under the graph.
If you want to learn how trend lines are supposed to be drawn then you can google about it. Theres plenty of tutorials.
Of course you cant take any altcoin trends as serious trends. Its just another tool for predictions.

Common , we both know what I was talking about. If you would have drawn the first line from the random moment you chose till today , the marketcap line would be linear and would have shown no increase at all. .

I know what you mean, but  the answer is no. Trend line have no time variable by default. Today price slightly broke below again for short time. This is considered a "retrace" until price movement indicates that break was false and price/market cap stays below the upper trend line. At the moment its still considered as a trend break. Break stays unconfirmed until price/market cap  makes new high again.

You do trend anal ysis for a 4 day period and you don't consider a 12 hour period?
Sorry , but you should be the one goggling my friend.
You have some ideas about this but the way you put them into practice just to keep moral up , it's lame. No offense.

[antonin]

https://i.imgur.com/Jn26SWn.gif

https://pbs.twimg.com/media/Bc5ANvVIAAAwxR2.png

Happy 2014 for all of you !

[Kergekoin]

You do trend anal ysis for a 4 day period and you don't consider a 12 hour period?
Sorry , but you should be the one goggling my friend.
You have some ideas about this but the way you put them into practice just to keep moral up , it's lame. No offense.

Why are you offended by me suggesting googleing? I meant no offence.

I could make even 6 hours period just for you if you wish, but i assume that you know its pointless, since lower time frame noise will spoil the whole point.
Assuming that you know how financial markets and technical analysis works, its more than clear that implementing this to any crypto coin has very low value. Thats because insane volatility and close to non existant volumes compared to forex or stocks for example.
If you think im doing this just to up DOGE, when you are mistaken. I like the coin of course but you can clearly check that i did not manipulate the data in any way.

[Madychoux]

You do trend anal ysis for a 4 day period and you don't consider a 12 hour period?
Sorry , but you should be the one goggling my friend.
You have some ideas about this but the way you put them into practice just to keep moral up , it's lame. No offense.

Why are you offended by me suggesting googleing? I meant no offence.

I could make even 6 hours period just for you if you wish, but i assume that you know its pointless, since lower time frame noise will spoil the whole point.
Assuming that you know how financial markets and technical analysis works, its more than clear that implementing this to any crypto coin has very low value. Thats because insane volatility and close to non existant volumes compared to forex or stocks for example.
If you think im doing this just to up DOGE, when you are mistaken. I like the coin of course but you can clearly check that i did not manipulate the data in any way.

Thanks for your analyses, don't hesitate to put some more 

[niothor]

You do trend anal ysis for a 4 day period and you don't consider a 12 hour period?
Sorry , but you should be the one goggling my friend.
You have some ideas about this but the way you put them into practice just to keep moral up , it's lame. No offense.

Why are you offended by me suggesting googleing? I meant no offence.

I could make even 6 hours period just for you if you wish, but i assume that you know its pointless, since lower time frame noise will spoil the whole point.
Assuming that you know how financial markets and technical analysis works, its more than clear that implementing this to any crypto coin has very low value. Thats because insane volatility and close to non existant volumes compared to forex or stocks for example.
If you think im doing this just to up DOGE, when you are mistaken. I like the coin of course but you can clearly check that i did not manipulate the data in any way.

Well , for me , drawing any kind of charts on any coin , including bitcoin is a waste of time.
I have been pointing this in the speculator forum , thousands of times people agreed but continued to do this , it's the new hobby for bored people.

I criticized you just for the thing that you chosen a random time frame and tried to convince people that based on "x days" the market crap (pun) is going up so we should all be optimists.
This alone is false as any sane person would look and see the amounts of doge being mined everyday is enormous so the marketcap data is just a number not a true indicator.

For me the value of a coin comes from it's use.
We have a 100x price increase and no new shops ... this would make me sell that coin.
We have a 2x price increase and 100 shops popping out everyday , that would make me buy those coins.

[Kergekoin]

If you draw the lines on various BTC charts, you can clearly see that BTC often follows technicals. This is because BTC is being traded on several medium size brokers. They often hedge risks against their clients, but still bring a lot of volume on certain technical spots.
Since every alt is hugely BTC dependant then above comes true on alts as well.
However, as i already mentioned several times: technicals hold very little value on crypto currency economy at the moment. In future, this may change.