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

[skywave]

Assume you have 1000kHash of digging power; with that you could mine at the current difficulty level approx. 30,000 DOGE a day

pffttt 30,000 a day..
I've solomined for days with 1Mh/s with 0 coins - sooooo

[Kergekoin]

Assume you have 1000kHash of digging power; with that you could mine at the current difficulty level approx. 30,000 DOGE a day

pffttt 30,000 a day..
I've solomined for days with 1Mh/s with 0 coins - sooooo

You are better off buying a lottery ticket than solo mine with 1Mhs @ 300+ difficulty. 

[skywave]

Assume you have 1000kHash of digging power; with that you could mine at the current difficulty level approx. 30,000 DOGE a day

pffttt 30,000 a day..
I've solomined for days with 1Mh/s with 0 coins - sooooo

You are better off buying a lottery ticket than solo mine with 1Mhs @ 300+ difficulty.  

you yourself brought that article from reddit - so don't lecture - I was referring to that example

[phaddie]

Hello,

  I am new to crypto mining/trading (only about a month). One question.  It seems that in a month or so the payout for dodge will be reduced. It makes sense to me that if the demand stays the same and the supply goes down then the price should go up correct?

  Have there been other coins which stayed active long enough for the block reward to be reduced?  And if so what happened to the value at that time?

  Thanks

   Phad

[Kergekoin]

Assume you have 1000kHash of digging power; with that you could mine at the current difficulty level approx. 30,000 DOGE a day

pffttt 30,000 a day..
I've solomined for days with 1Mh/s with 0 coins - sooooo

You are better off buying a lottery ticket than solo mine with 1Mhs @ 300+ difficulty.  

you yourself brought that article from reddit - so don't lecture - I was referring to that example

You are joking right? Or are you serious?
I cant tell, because theres so many newcomers in this forum lately, who dont have slightest idea about how mining works.

Article wasnt reffering to solo mining, but just simple profitability.

[jeff6475]

might take awhile for the amount of doge already on exchanges to get bought up

altho demand is very high the supply is 3 times as much atleast

so when block is halved in feb it will take a few months for the dumpers to sell their coins

Just keep buying up all the cheap doge and in 2 months it will triple in price

[Kergekoin]

might take awhile for the amount of doge already on exchanges to get bought up

altho demand is very high the supply is 3 times as much atleast

so when block is halved in feb it will take a few months for the dumpers to sell their coins

Just keep buying up all the cheap doge and in 2 months it will triple in price

I do partly agree with you, but next price rise may happen few days before the block halfes. Speculators will start buying in sooner.
Its impossible to tell what will really happen. We shall see in 40 days.

[jeff6475]

I must admit i did dump alot of doge myself and bought RPC with the BTC i made

that coin will prolly double very soon or even triple in value

But then i shall sell and buy back into doge

I cant mine at the minute so i have to increase my holding's of Doge in some way

[awais3344]

Assume you have 1000kHash of digging power; with that you could mine at the current difficulty level approx. 30,000 DOGE a day

pffttt 30,000 a day..
I've solomined for days with 1Mh/s with 0 coins - sooooo

he was talking about pool mining

[Adibandi]

So you are saying this coin will go up ? Its ....35 now . It was stable for a while at 95 , wonder if it will ever hit again 95

[Kergekoin]

So you are saying this coin will go up ? Its ....35 now . It was stable for a while at 95 , wonder if it will ever hit again 95

Long term? yes without a doubt.
Short term? No.
Theres plenty of time to dig in. I shall be buying and digging some more myself.

[ajax3592]

I must admit i did dump alot of doge myself and bought RPC with the BTC i made

that coin will prolly double very soon or even triple in value

But then i shall sell and buy back into doge

I cant mine at the minute so i have to increase my holding's of Doge in some way

I sold all my EAC to buy RPC, doge no wayy!! it stays

[Adibandi]

So you are saying this coin will go up ? Its ....35 now . It was stable for a while at 95 , wonder if it will ever hit again 95

Long term? yes without a doubt.
Short term? No.
Theres plenty of time to dig in. I shall be buying and digging some more myself.

 What is the meaning of long term here, 6 months?

[waldocarter]

So you are saying this coin will go up ? Its ....35 now . It was stable for a while at 95 , wonder if it will ever hit again 95

Long term? yes without a doubt.
Short term? No.
Theres plenty of time to dig in. I shall be buying and digging some more myself.

 What is the meaning of long term here, 6 months?

that's a good estimate. The minimum is ~40 days, where the block reward will halve.

[kalus]

can someone justify a price increase based on halving the block reward alone?  (e.g. ~40days)

i mean, nobody gives a shit except for diggers.  we'll have more total coins than we do now in 40 days, but there's no guarantee any bugger will buy them.

the last doge being mined will be interesting though.

[Kergekoin]

can someone justify a price increase based on halving the block reward alone?  (e.g. ~40days)

i mean, nobody gives a shit except for diggers.  we'll have more total coins than we do now in 40 days, but there's no guarantee any bugger will buy them.

the last doge being mined will be interesting though.

Just take few hours to read http://www.reddit.com/r/dogecoin/ .
A lot of stuff there is silly and just for fun, but theres also a ton of people activly working for DOGE success. Way more than for any other coin.

[kalus]

can someone justify a price increase based on halving the block reward alone?  (e.g. ~40days)

i mean, nobody gives a shit except for diggers.  we'll have more total coins than we do now in 40 days, but there's no guarantee any bugger will buy them.

the last doge being mined will be interesting though.

Just take few hours to read http://www.reddit.com/r/dogecoin/ .
A lot of stuff there is silly and just for fun, but theres also a ton of people activly working for DOGE success. Way more than for any other coin.

sure, but do any of the promoters really care of the block reward is halved in ~40 days?  i think it will come and go with no notice. 

speaking of noticing, dogecoin difficulty has gone down to 2xx.  time to switch a few more mhashes over!

[Kergekoin]

Of course. Theres always a "bad case cenario"

40 days is long time in crypto currency economy. DOGE price can drop to 15 in next 40 days and even if price doubles at block cut day, it is still going to be only 30.
 

I find this cenario very unlikely to happen, but its surely not impossible.

I also switched back to DOGE yesterday. Under 300 diff is pretty sweet already.

[lderqq]

so cheap very cry.

[ajax3592]

Yayy low difference...moarrr doges !   ツ

...Mining at netcodepool