ajax3592
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Activity: 210
Merit: 100
Crypto News & Tutorials - Coinramble.com
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December 23, 2013, 08:10:44 AM |
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50 btc buywall at coinedup
itshappening.gif
No catching DOGE now ツ many fast run very champion
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peer2peer360
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December 23, 2013, 08:16:52 AM |
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50 btc buywall at coinedup
itshappening.gif
72+ btc buy wall on Vircurex for 147million dogecoin This will likely be mentioned in the next article written about dogecoin
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Wekkel
Legendary
Offline
Activity: 3108
Merit: 1531
yes
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December 23, 2013, 08:17:51 AM |
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50 btc buywall at coinedup
itshappening.gif
No catching DOGE now ツ many fast run very champion This is what keeps this thing alive. So much laughs.
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Bitcoins101
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December 23, 2013, 08:21:14 AM |
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HOLY CRAP!!! And here we go...
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markm
Legendary
Offline
Activity: 2940
Merit: 1090
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December 23, 2013, 08:25:18 AM |
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Yesterday there was 80+ bitcoins of volume of DOGE on Vircurex, mostly at a higher price than 50 satoshis.
So for someone to put part of the bitcoins they sold their DOGE for back onto the buy side at a puny 50 satoshis price could easily not be an investment at all, simply an allocation of part of their "take" toward forcing people who do want to buy to have to buy for more than 50 satoshis.
In other words, a way to at least momentarily (until another miner blows that buy wall away by dumping some of the billion or so DOGE that gets mined per day) stop the price the suckers are paying from dropping below 50.
Notice that selling for 51 satoshis coins you buy for 50 satoshis is a 2% markup, Vircurex only takes 0.2% in fees, so simply buying at 50 and selling at 51 you'd make 1.6% or so while Vircurex makes 0.4% or so (0.2% on the buy side aka when you buy plus 0.2% on the sell side aka when you sell).
So it seems more likely to me it is more likely to be someone simply milking it rather than someone "investing" in it. The entire offer is likely financed using bitcoins the got by selling DOGE for a whole lot more than 50 satoshis.
-MarkM-
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scarface
Sr. Member
Offline
Activity: 350
Merit: 250
Spectiv VR Crowdsale: 12/08/17
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December 23, 2013, 08:27:19 AM |
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big buy orders at all 4 exchanges
coinedup 0.0000005 99388396.460336 49.6941982
cryptsy 0.00000046 134336600.27424230 61.79483613
coins-e 0.00000047 106584752.13213087 50.09483350
vircurex 139,462,547.4646 0.00000050 69.7313
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snoogans310
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December 23, 2013, 08:27:23 AM |
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Ɖ ~ DSNJ49NdZM4KjLHfPSYEGWKRn7wSC4bWqi
LTC ~ LN8e9QVx7es39KmSwtfnwaYYjNdibK3fXc
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Hippie Tech
aka Amenstop
Legendary
Offline
Activity: 1624
Merit: 1001
All cryptos are FIAT digital currency. Do not use.
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December 23, 2013, 08:32:24 AM |
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Yesterday there was 80+ bitcoins of volume of DOGE on Vircurex, mostly at a higher price than 50 satoshis.
So for someone to put part of the bitcoins they sold their DOGE for back onto the buy side at a puny 50 satoshis price could easily not be an investment at all, simply an allocation of part of their "take" toward forcing people who do want to buy to have to buy for more than 50 satoshis.
In other words, a way to at least momentarily (until another miner blows that buy wall away by dumping some of the billion or so DOGE that gets mined per day) stop the price the suckers are paying from dropping below 50.
Notice that selling for 51 satoshis coins you buy for 50 satoshis is a 2% markup, Vircurex only takes 0.2% in fees, so simply buying at 50 and selling at 51 you'd make 1.6% or so while Vircurex makes 0.4% or so (0.2% on the buy side aka when you buy plus 0.2% on the sell side aka when you sell).
So it seems more likely to me it is more likely to be someone simply milking it rather than someone "investing" in it. The entire offer is likely financed using bitcoins the got by selling DOGE for a whole lot more than 50 satoshis.
-MarkM-
Thus why I said .. "They keep using the same IFC pump n dump hype playbook over and over again."
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malandante
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December 23, 2013, 09:21:46 AM |
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45 BTC order on cryptsy too.
Yes. Its called DEMAND.Here is a theory why:Besides a fun, friendly MEME which makes people laugh. In general, people like buying higher quantities of something even though each unit is worth less. This actually makes DOGE worth more. it's psychological. What would you rather own; 10,000 Coins or .00001 of a coin? Which sounds more rewarding? What math is easier for common folk? Maybe 100 Billion coins is actually of one of DOGE's greatest strength? If only 100,000 people owned 1,000,000 DOGEcoins that would equal 100,000,000,000. For only .5 BTC one can become a DOGE-millionaire. For many, $350 is small investment considering the possibilities. That's the same theory I have
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ajax3592
Full Member
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Activity: 210
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Crypto News & Tutorials - Coinramble.com
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December 23, 2013, 09:23:05 AM Last edit: December 23, 2013, 09:35:28 AM by ajax3592 |
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fast-pool.com
Newbie
Offline
Activity: 42
Merit: 0
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December 23, 2013, 09:26:16 AM |
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http://FaST-pOOl.com 0% FEE,VARDIFF,1GBIT,256 GB RAM,NO MIN PAYOUT,100% UPTIME SINCE DOGE REVOLUTION STARTED! much hash,such profit,many ghz,
REGISTRATION OPEN AGAIN!
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Kergekoin
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December 23, 2013, 09:28:37 AM |
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If you find anyone who trades DOGE for goods or services, please add it to my sig thread. Many thanks!
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raistlinthewiz
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December 23, 2013, 09:29:32 AM |
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http://doge.coinium.org/such fast - You can access the pool over http://doge.coinium.org
- %0 fee - We have no fees! We just kindly ask you to donate if you like to.
- Stratum - The pool is stratum powered.
- PPLNS - We use PPLNS against pool-hoppers.
- 10 confirmations - After 10 confirmations you'll be paid out.
- Automatic payments - You can get automatic payments of 1000 to 100000 DOGE.
- Europe servers - Our servers are located in UK.
- Servers - We have 3 different web, db and pool server.
- Backups - We get automated backups of our system to two different locations.
- DDOS protected - We are DDOS protected.
- Automatic Config Generator - Check our workers page to automatically download a generated configuration file for you[/b]
more growing- From the start, we are continuously monitoring our servers and improving them. Within the first few hours we have implemented our measures for DDOS-protection and it's live.
- We do run 3 seperate servers now, a web server, a db server and a stratum server. The good news is that our stratum server is quite optimized already and with our current hash power, it does just have a load around ~9-10%.
- We are also monitoring our web-server and db-server and we'll be upgrading them on the fly!
- This basically means we can are good to go to have even more hash power and we are stable enough to serve that! Just hope in!
Pool Info Connection InformationSTRATUM: stratum+tcp://stratum.coinium.org PORT: 3334 Sample CGMiner configcgminer.exe -o stratum+tcp://stratum.coinium.org:3334 -u WORKER_NAME -p WORKER_PASS --scrypt -I 13 Support
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Viperbass
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December 23, 2013, 09:50:32 AM Last edit: December 23, 2013, 10:04:10 AM by Viperbass |
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Do not fear block rewards will be halved within 2 months and then we will see positive price movements. The 3 things working against the coin right now.
1. Block Rewards too high. 2. As per point one multipool users using it to dump out. 3. Most importantly BTC price is basically 50% down from previous highs.
When the 3 points above turn into positives, we will see a value of +-140 . Even at current btc thats what the value should be but the block reward is just too high atm.
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Bitcoin Machine
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December 23, 2013, 09:53:43 AM Last edit: December 23, 2013, 11:16:51 AM by Bitcoin Machine |
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Does this mean it would appear to be a great time to buy DOGE?
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ajax3592
Full Member
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Activity: 210
Merit: 100
Crypto News & Tutorials - Coinramble.com
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December 23, 2013, 09:54:27 AM |
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Do not fear block rewards will be halved within 2 months and then we will see positive price movements. The 3 things working against the coin right now.
1. Block Rewards to high. 2. As per point one multipool users using it to dump out. 3. Most importantly BTC price is basically 50% down from previous highs.
When the 3 points above turn into positives, we will see a value of +-140 . Even at current btc thats what the value should be but the block reward is just too high atm.
Can't we just ask the dev to change the code and decrease the total to 50 billion and halve the block reward from today
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drakoin
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December 23, 2013, 10:07:05 AM |
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The doge windows client v1.2 crashes on Windows 7 when I try: importprivkey aprivatewuffkeyofapaperwalletforxmas in the console. I want to give paper wallets to my family - but how to import the wallet then later? Any ideas? Enjoy your holidays.
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no sign of a signature
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fcrypto7
Member
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Activity: 70
Merit: 10
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December 23, 2013, 10:13:13 AM |
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ajax3592
Full Member
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Activity: 210
Merit: 100
Crypto News & Tutorials - Coinramble.com
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December 23, 2013, 10:23:22 AM |
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Even bigger buy order showed up on Cryptsy, this time for 171 MILLION DOGE to buy with 78BTC :O
0.00000046 171168573.38858718 78.73754376
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