Bitcoin Machine
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December 23, 2013, 07:36:13 AM |
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im calling the bottom at 45 satoshi....
45 is currently the bottom. Does anyone know when dogecoin block rewards will be halved? At current pace, probably about 1 month. Yeap, then hold for a month and it should be win win. That will clear out the dumpers. The dumpers could also be pumpers.. Right?
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fast-pool.com
Newbie
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Activity: 42
Merit: 0
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December 23, 2013, 07:39:58 AM |
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They keep using the same IFC pump n dump hype playbook over and over again.
IFC?
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peer2peer360
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December 23, 2013, 07:40:59 AM |
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With the three exchanges ( Vircurex, Coins-e & Cryptsy) trading Dogecoin...
Vircurex is the better of the 3 exchanges so quite naturally the big orders
Are most likely to come through the exchange that has the least problems.
We have all had our fair share of experiences from cryptsy... Problem after problem Its been that way for months now.
@147 million dogecoins. .. Either someone truly believes in dogecoin or havent Tooken their medication today
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scarface
Sr. Member
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Activity: 350
Merit: 250
Spectiv VR Crowdsale: 12/08/17
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December 23, 2013, 07:46:04 AM |
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With the three exchanges ( Vircurex, Coins-e & Cryptsy) trading Dogecoin...
Vircurex is the better of the 3 exchanges so quite naturally the big orders
Are most likely to come through the exchange that has the least problems.
We have all had our fair share of experiences from cryptsy... Problem after problem Its been that way for months now.
@147 million dogecoins. .. Either someone truly believes in dogecoin or havent Tooken their medication today
i agree cryptsy stole 50k doge from me shit disapeared scew em im going with vicurex also that 147m is either fontas or some crazy chinaman thats 50k hes investing in doge
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digitaltradz
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December 23, 2013, 07:47:15 AM |
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With the three exchanges ( Vircurex, Coins-e & Cryptsy) trading Dogecoin...
Vircurex is the better of the 3 exchanges so quite naturally the big orders
Are most likely to come through the exchange that has the least problems.
We have all had our fair share of experiences from cryptsy... Problem after problem Its been that way for months now.
@147 million dogecoins. .. Either someone truly believes in dogecoin or havent Tooken their medication today
That's a $48,000 buy. That's a lot of belief or a lot of D&A
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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, 07:56:36 AM |
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Harder, Better, Faster, Stronger! http://doge.netcodepool.org
■ Now with Enterprise Level Servers ■ Use "doge.netcodepool.org:4093" to connect
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Hippie Tech
aka Amenstop
Legendary
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Activity: 1624
Merit: 1001
All cryptos are FIAT digital currency. Do not use.
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December 23, 2013, 08:00:30 AM |
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They keep using the same IFC pump n dump hype playbook over and over again.
IFC? I take it you were not around last summer when IFC was hyped and pumped very much like DOGE is now. The troll box insider talk was almost unbearable.
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Wekkel
Legendary
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Activity: 3108
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yes
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December 23, 2013, 08:08:37 AM |
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I posted in all giveaway threads listed a couple of pages ago. No Doge's received.
I'll guess that sums up the immediate forecast the next few days.
[...]
I sent you 288 doges Merry christmas Merry Christmas On a different note, Doge's behaviour is the same as other new popular coins. Its hard to go through the whole bottoming process until the next rise. Could take months.
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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, 08:09:20 AM |
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50 btc buywall at coinedup
itshappening.gif
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ajax3592
Full Member
Offline
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
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Activity: 3010
Merit: 1121
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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
Merit: 100
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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