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

[yorich]

gonna stop watching this for a while, I bought in @ 66, and while everyone says it'll go back up in a few months, we'll see.  If not, I'm only out 1.23 BTC, but watching the price every 10 minutes is gonna drive me nuts

[Wekkel]

Just promote Doge by using it and telling others.

[Viperbass]

huh.

let's see if i can dump my coin and make it 50.

Go for it , it's gonna go to 35 most likely.

Got a exciting project on the go atm but don't want to hi-Jack the Doge thread

[Amberdark]

yay it got to 45! at this rate I'll make a fortune buying at 1.. come on panic boys! panic some more!

Edit: Darn went back to 50 panic boys asleep?

[nov]

Considering development of MultiCoin - multiple coin, light way wallet app.

https://bitcointalk.org/index.php?topic=394311.0

Would you be interested?

[hunkster]

huh.

let's see if i can dump my coin and make it 50.

go ahead.

[ajax3592]

Considering development of MultiCoin - multiple coin, light way wallet app.

https://bitcointalk.org/index.php?topic=394311.0

Would you be interested?

You might want to PM the OP of this thread.


Online gaming communities now using DOGE
http://www.teamliquid.net/forum/viewmessage.php?topic_id=439774
http://sc2ctl.com/dogecoin



   DOGE POOL

[fast-pool.com]

huh.

let's see if i can dump my coin and make it 50.

go ahead.

its already done i think

[Kergekoin]

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.

[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 ^

[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.