digitaltradz
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December 21, 2013, 01:36:28 PM |
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It's going to 10 satoshi.... watch.
The miner's will crush it today. The Cryptsy bump is over and now the instamine factor is kicking in. It's approaching having lost 90% of it's value if it hits 25.
I'm not saying it will not work out long long term. But the next 2 months will be brutal with 800 mil coins a day coming down. The volume is mostly sells for awhile now.
Bad blood must be cleared. It's getting ugly now.
The number of new coins/day will steadily and rapidly decrease with the difficulty going up. coins dont decrease til block halving. But if the difficulty goes up it means more miners - so more dispersed. Difficulty goes up so it means LESS miners. Those with lower end rigs will drop out so less miners not more for the reason you stated.
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jeff6475
Newbie
Offline
Activity: 28
Merit: 0
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December 21, 2013, 01:38:32 PM |
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will prolly hit 30-40 satoshi today or tomorrow then climb during the week
wish i had more funds to buy tbh but ive just been trading/mining 2weeks (started with $5 worth of LTC/FTC)
And killed my 7970 so im just mining with cpu @ 2-4k coins aday
I'm on about 350k Doge which im holding and trying to get more from profits trading on BTC-e
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YoyodyneSystems
Legendary
Offline
Activity: 1386
Merit: 1023
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December 21, 2013, 01:38:41 PM |
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I don't know how many have noticed but Coins-E has put a false buy order of .00000145 on the order book. And it will not go away. It's stuck there. hmm. Not sure if that is intentional but it has the effect of tricking coinwarz script into thinking the coin is 2-3x more profitable to mine that it actually is today. http://www.coinwarz.com/cryptocurrency63,607.6904 / 59,456.5208 0.00000145 (Coins-E) +24.03 % 43,562,212.12 $57.75 PER DAY !! Not today. I saw this coming 36 hours ago.. watch out guys. Miner's about to dump again.
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UdjinM6
Legendary
Offline
Activity: 1318
Merit: 1040
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December 21, 2013, 01:40:03 PM |
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It's going to 10 satoshi.... watch.
The miner's will crush it today. The Cryptsy bump is over and now the instamine factor is kicking in. It's approaching having lost 90% of it's value if it hits 25.
I'm not saying it will not work out long long term. But the next 2 months will be brutal with 800 mil coins a day coming down. The volume is mostly sells for awhile now.
Bad blood must be cleared. It's getting ugly now.
Thing is they can hardly be making anything off it. Infact its probably more profitable mining something else right now. My miners pulled in a measly 13k over night in 12 hours, Down from 70k day before, 120k day before that. Ive not checked the pool luck maybe its a bit out. So if i mined 26k all day today and sell at 64 satoshi where it is now on cryptsy it makes me .01 BTC for the day- WTF. I can make that and more on almost any coin heh. its beyond retarded now and i really feel sorry for anyone selling because theyve lost the plot. Miners are fooled by the coinwarz and multipools - the price and profitability shown there is not the real one. So they will be really sorry for their lost time/power in digging not the best profitable coin and maybe they will keep away from such multipools in future. Not too bad at all.
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DASH: XsV4GHVKGTjQFvwB7c6mYsGV3Mxf7iser6
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ajax3592
Full Member
Offline
Activity: 210
Merit: 100
Crypto News & Tutorials - Coinramble.com
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December 21, 2013, 01:40:30 PM |
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Ed4252
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December 21, 2013, 01:46:03 PM Last edit: December 21, 2013, 01:56:59 PM by Ed4252 |
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It's going to 10 satoshi.... watch.
The miner's will crush it today. The Cryptsy bump is over and now the instamine factor is kicking in. It's approaching having lost 90% of it's value if it hits 25.
I'm not saying it will not work out long long term. But the next 2 months will be brutal with 800 mil coins a day coming down. The volume is mostly sells for awhile now.
Bad blood must be cleared. It's getting ugly now.
The number of new coins/day will steadily and rapidly decrease with the difficulty going up. coins dont decrease til block halving. But if the difficulty goes up it means more miners - so more dispersed. Difficulty goes up so it means LESS miners. Those with lower end rigs will drop out so less miners not more for the reason you stated. That's not what happened to litecoin. Whenever the asics miners for scrypts arrives, whatever the gpu miners choose to use will see their price skyrocket in value. So what's #2 for scrypt behind litecoin? :|
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UdjinM6
Legendary
Offline
Activity: 1318
Merit: 1040
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December 21, 2013, 01:58:33 PM |
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Did anyone actually red coinwarz FAQ? How is the Bitcoin exchange rate calculated for a given crypto currency?The exchange rate displayed is based on a weighted arithmetic mean ( http://en.wikipedia.org/wiki/Weighted_arithmetic_mean) calculation using the open bids to total minimum BTC depth of 0.1 BTC. In other words, we take all the open bids (in BTC) from highest to lowest that add up to at least 0.1 BTC, and then using these bids, we calculate the exchange rate using some simple math. So to hide it from coinwarz we have to REMOVE all the bids we made HIGHER then current price an ADD a lot of bids at the LOWEST possible price. Am I right or am I missing something?
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DASH: XsV4GHVKGTjQFvwB7c6mYsGV3Mxf7iser6
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carlb007
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December 21, 2013, 02:01:02 PM |
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Difficulty goes up so it means LESS miners. Those with lower end rigs will drop out so less miners not more for the reason you stated.
Surely this depends on the makeup of the miners? If its ALL 100,000 Khash big boys they yes i can see that, but like the other poster said thats not what happened to LTC. On a side not looks like difficulty just dropped a tad. Not that it really makes much difference :p
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digitaltradz
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December 21, 2013, 02:02:23 PM |
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It's going to 10 satoshi.... watch.
The miner's will crush it today. The Cryptsy bump is over and now the instamine factor is kicking in. It's approaching having lost 90% of it's value if it hits 25.
I'm not saying it will not work out long long term. But the next 2 months will be brutal with 800 mil coins a day coming down. The volume is mostly sells for awhile now.
Bad blood must be cleared. It's getting ugly now.
The number of new coins/day will steadily and rapidly decrease with the difficulty going up. coins dont decrease til block halving. But if the difficulty goes up it means more miners - so more dispersed. Difficulty goes up so it means LESS miners. Those with lower end rigs will drop out so less miners not more for the reason you stated. That's not what happened to litecoin. Whenever the asics miners for scrypts arrives, whatever the gpu miners choose to use will see their price skyrocket in value. So what's #2 for scrypt behind litecoin? :| Forgot about the asic miners for scrypt. Point taken. There's still about 6 months before they arrive though. EDIT: Just checked and pre-orders are right around the corner
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skywave
Sr. Member
Offline
Activity: 420
Merit: 250
"to endure to achieve"
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December 21, 2013, 02:07:11 PM |
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yes I too have a balance of more than 20k there - won't autopay and can't manual txfr too - seems as if the site is kind of frozen..?
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mux
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December 21, 2013, 02:07:26 PM |
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Wanting to be bailed out? A little quantitative easing? I'm exchanging Bernankoins for Dogecoins 1 bernankoin per dogecoin, 500k+ bernankoin available, PM if interested!
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BETARIGS.COM - Leasing a rig is as simple as adding a pool!Bitrated user: Mux.
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gencoinx
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December 21, 2013, 02:11:44 PM |
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FELLOW DOGE BROTHERS, I MADE THESE DOGECOIN PROPAGANDA TO HELP SPREAD DOGE AROUND EVERY CORNER. THIS WAY DOGE WILL RISE, WILL CONQUER AND WILL START TO BE ACCEPTED IN MORE EXCHANGES PLUS PRICES WILL RISE, MORE PEOPLE WILL ACCEPT DOGECOINSHARE THESE IMAGES EVERYWHERE YOU CAN!! WE ARE A COMMUNITY OF LESS THAN 2 WEEKS OLD AND WE HAVE ACHIEVED MORE THAN OTHER ALTCOINS IN MONTHS. WE CAN DO IT!! SHARE ON 4CHAN, ON REDDIT, ON TUMBLR, ON TWITTER, FACEBOOK, FORUMS YOU FOLLOW, BLOGS, EVERYWHERE!!! THESE IMAGES TOOK ME A LOT OF TIME AND EFFORT, IF YOU LIKE THEM PLEASE CONSIDER MAKING A DONATION
DOGE: DSJiuevHdJ8KvL38XxioQSB39YAZRSr8Qj
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Exp
Member
Offline
Activity: 98
Merit: 10
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December 21, 2013, 02:13:05 PM |
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gencoinx
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December 21, 2013, 02:13:27 PM |
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Fellow doge brothers, thanks for the donations, I really appreciate it. I made the images because I want to help doge rise and conquer as much as anyone that is mining them
Here are the codes to post all the images, this may make it easier for you to share and help the community![IMG]https://i.imgur.com/wwNcjTj.jpg[/IMG] [IMG]https://i.imgur.com/B69zEUj.jpg[/IMG] [IMG]https://i.imgur.com/QIL4cgc.jpg[/IMG] [IMG]https://i.imgur.com/SnfDU8z.jpg[/IMG] [IMG]https://i.imgur.com/ncJvKqX.jpg[/IMG] [IMG]https://i.imgur.com/Ry5br7l.jpg[/IMG] [IMG]https://i.imgur.com/moZR9EI.jpg[/IMG] [IMG]https://i.imgur.com/CRWqEvL.jpg[/IMG] [IMG]https://i.imgur.com/aJzRGDv.jpg[/IMG] [IMG]https://i.imgur.com/zIHht8H.jpg[/IMG] [IMG]https://i.imgur.com/6DYJyTu.jpg[/IMG] [IMG]https://i.imgur.com/P5Yh0Gi.jpg[/IMG] [IMG]https://i.imgur.com/To8qTRB.jpg[/IMG] [IMG]https://i.imgur.com/Zd2R0Pm.jpg[/IMG] [IMG]https://i.imgur.com/fKYH4GC.jpg[/IMG] [IMG]https://i.imgur.com/CQCZJIZ.jpg[/IMG] [IMG]https://i.imgur.com/LT7gpCK.jpg[/IMG] [IMG]https://i.imgur.com/meVna6B.jpg[/IMG] [IMG]https://i.imgur.com/oOe7Vrs.jpg[/IMG] [IMG]https://i.imgur.com/dDGAB85.jpg[/IMG] [IMG]https://i.imgur.com/3HiBVGT.jpg[/IMG] [IMG]https://i.imgur.com/HJVtD5U.jpg[/IMG] [IMG]https://i.imgur.com/CtrRs1v.jpg[/IMG] [IMG]https://i.imgur.com/gvY0D4m.jpg[/IMG] [IMG]https://i.imgur.com/o2N5DV2.jpg[/IMG] BELIEVE. DOGE: DSJiuevHdJ8KvL38XxioQSB39YAZRSr8Qj
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haggis
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December 21, 2013, 02:13:50 PM |
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Thanks for your effort, gencoinx. But these images are neither funny nor related to the doge meme... Also I dislike using WWII propaganda material for this.
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carlb007
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December 21, 2013, 02:16:01 PM |
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gencoinx - would you be happy for me to setup a domain hosting these images in some sort of gallery for those wanting to promote? Could be the beginning of some sort of advertising banner source for others with websites? also sent a small token gesture for your efforts.
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ajax3592
Full Member
Offline
Activity: 210
Merit: 100
Crypto News & Tutorials - Coinramble.com
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December 21, 2013, 02:16:42 PM |
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FELLOW DOGE BROTHERS, I MADE THESE DOGECOIN PROPAGANDA TO HELP SPREAD DOGE AROUND EVERY CORNER. THIS WAY DOGE WILL RISE, WILL CONQUER AND WILL START TO BE ACCEPTED IN MORE EXCHANGES PLUS PRICES WILL RISE, MORE PEOPLE WILL ACCEPT DOGECOIN
SHARE THESE IMAGES EVERYWHERE YOU CAN!! WE ARE A COMMUNITY OF LESS THAN 2 WEEKS OLD AND WE HAVE ACHIEVED MORE THAN OTHER ALTCOINS IN MONTHS. WE CAN DO IT!!
SHARE ON 4CHAN, ON REDDIT, ON TUMBLR, ON TWITTER, FACEBOOK, FORUMS YOU FOLLOW, BLOGS, EVERYWHERE!!!
THESE IMAGES TOOK ME A LOT OF TIME AND EFFORT, IF YOU LIKE THEM PLEASE CONSIDER MAKING A DONATION
DOGE: DSJiuevHdJ8KvL38XxioQSB39YAZRSr8Qj
Really appreciate you hard work buddy. Thanks! I also created that "I want you/Uncle Sam pic" but it didn't work, as WWII material makes shibe look serious, which it is not.
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digitaltradz
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December 21, 2013, 02:20:47 PM |
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gencoinx - would you be happy for me to setup a domain hosting these images in some sort of gallery for those wanting to promote? Could be the beginning of some sort of advertising banner source for others with websites? also sent a small token gesture for your efforts.
Nice thoughts, but images like this are not appropriate for Dogecoin. I understand the peoples part of it and all, but these images are offensive to the MAJORITY of people and conjure thoughts of oppression and control.
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Ed4252
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December 21, 2013, 02:25:20 PM |
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Where have the miners moved on to?
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