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ExD
Member
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Activity: 107
Merit: 10
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January 22, 2014, 07:41:14 PM |
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I'm buying moar, buying walls are thick, rocket is refueling
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Burninj
Legendary
Offline
Activity: 1148
Merit: 1000
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January 22, 2014, 07:42:50 PM |
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To me it seems like much depend on how fast the volume is growing. I mean if a group of let's say a 1000 people keep getting millions of doges/day(pool owners), they'll likely dump them asap, as they probably own enough to cover their future speculations ... If new coins are minted too fast, the inflation will naturally keep the price pushed down.
Could anyone shed some light on this? I saw it was mentioned some pages back that pool owners literally pulls out millions of doges per day, how long will they be able to do this? How fast does the difficulty increase?
People should get out of the big pools imo, mining should be spread out on as many people as possible. The dumpers are the people who owns too much.
wait for block halving |
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laris2
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January 22, 2014, 07:48:11 PM |
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To me it seems like much depend on how fast the volume is growing. I mean if a group of let's say a 1000 people keep getting millions of doges/day(pool owners), they'll likely dump them asap, as they probably own enough to cover their future speculations ... If new coins are minted too fast, the inflation will naturally keep the price pushed down.
Could anyone shed some light on this? I saw it was mentioned some pages back that pool owners literally pulls out millions of doges per day, how long will they be able to do this? How fast does the difficulty increase?
People should get out of the big pools imo, mining should be spread out on as many people as possible. The dumpers are the people who owns too much.
wait for block halving Agree, when block rewards halve, its when we start see things interesting ^&^ |
TEST
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heskey
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January 22, 2014, 07:50:54 PM |
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To me it seems like much depend on how fast the volume is growing. I mean if a group of let's say a 1000 people keep getting millions of doges/day(pool owners), they'll likely dump them asap, as they probably own enough to cover their future speculations ... If new coins are minted too fast, the inflation will naturally keep the price pushed down.
Could anyone shed some light on this? I saw it was mentioned some pages back that pool owners literally pulls out millions of doges per day, how long will they be able to do this? How fast does the difficulty increase?
People should get out of the big pools imo, mining should be spread out on as many people as possible. The dumpers are the people who owns too much.
wait for block halving Agree, when block rewards halve, its when we start see things interesting ^&^ The question then is, how soon can we expect this? Currently there are roughly 33.9 billion doges, I believe it was close to 32 billion just a couple of days ago, which would play a significant role in the value of the coin. |
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ajax3592
Full Member
Offline
Activity: 210
Merit: 100
Crypto News & Tutorials - Coinramble.com
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January 22, 2014, 07:52:32 PM |
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To me it seems like much depend on how fast the volume is growing. I mean if a group of let's say a 1000 people keep getting millions of doges/day(pool owners), they'll likely dump them asap, as they probably own enough to cover their future speculations ... If new coins are minted too fast, the inflation will naturally keep the price pushed down.
Could anyone shed some light on this? I saw it was mentioned some pages back that pool owners literally pulls out millions of doges per day, how long will they be able to do this? How fast does the difficulty increase?
People should get out of the big pools imo, mining should be spread out on as many people as possible. The dumpers are the people who owns too much.
Agreed. Most pool owners aren't believers of DOGE and its bright future, its just another quick $ making coin for them. You will be surprised to know we at netcodepool dont sell our doge at all. I won't go much into detail of what we do for doge community, but seeing "Netcodepool" as an admin on /r/dogecoin should get you an idea.  |
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GTX-DoX
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January 22, 2014, 07:52:44 PM |
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Can someone explain a bit more detailed why would we see interesting price change when the block reward halves ?
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laris2
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January 22, 2014, 07:54:09 PM |
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To me it seems like much depend on how fast the volume is growing. I mean if a group of let's say a 1000 people keep getting millions of doges/day(pool owners), they'll likely dump them asap, as they probably own enough to cover their future speculations ... If new coins are minted too fast, the inflation will naturally keep the price pushed down.
Could anyone shed some light on this? I saw it was mentioned some pages back that pool owners literally pulls out millions of doges per day, how long will they be able to do this? How fast does the difficulty increase?
People should get out of the big pools imo, mining should be spread out on as many people as possible. The dumpers are the people who owns too much.
wait for block halving Agree, when block rewards halve, its when we start see things interesting ^&^ The question then is, how soon can we expect this? Currently there are roughly 33.9 billion doges, I believe it was close to 32 billion just a couple of days ago, which would play a significant role in the value of the coin. Mining reward halves in: ~ 575.1 hours (24 days) |
TEST
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gerbill
Newbie
Offline
Activity: 42
Merit: 0
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January 22, 2014, 07:57:28 PM |
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Can someone explain a bit more detailed why would we see interesting price change when the block reward halves ?
Miners will provide less DOGECOINS to the market while demand will stay the same. Less doges. More prices |
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laris2
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January 22, 2014, 08:00:15 PM |
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I am of the opinion that block reward halving anticipation is being built into the price right now.
Chineese pumped quite a lot of money into dogecoins. |
TEST
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mison
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January 22, 2014, 08:02:32 PM |
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Can someone explain a bit more detailed why would we see interesting price change when the block reward halves ?
I have halved rewards right now because difficulty is hell high. Btw why people crying if someone dump coins? just buy it and be happy for chance to be mega-rich. But you want to dump too at higher price, so every dumper who do it faster than you will cut your chances to dump for better price.. |
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ExD
Member
Offline
Activity: 107
Merit: 10
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January 22, 2014, 08:05:39 PM |
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Meh, miners are always crying about better price, even when price skyrocketed 6x
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ajax3592
Full Member
Offline
Activity: 210
Merit: 100
Crypto News & Tutorials - Coinramble.com
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January 22, 2014, 08:07:47 PM |
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Meh, miners are always crying about better price, even when price skyrocketed 6x
aah because difficulty got >4x too  |
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Hueristic
Legendary
Offline
Activity: 3934
Merit: 5288
Doomed to see the future and unable to prevent it
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January 22, 2014, 08:08:45 PM |
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Where do I buy BTC with USD that doesn't have a wait time? EDIT: W00t mined 172 Tesla with my 400kh/s !!!  |
“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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ExD
Member
Offline
Activity: 107
Merit: 10
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January 22, 2014, 08:09:53 PM |
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Meh, miners are always crying about better price, even when price skyrocketed 6x
aah because difficulty got >4x too Poor miners, can't buy Porsche mining 3 days  |
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Hueristic
Legendary
Offline
Activity: 3934
Merit: 5288
Doomed to see the future and unable to prevent it
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January 22, 2014, 08:10:27 PM |
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Thx man checking it out now. |
“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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etoque
Legendary
Offline
Activity: 1988
Merit: 1000
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January 22, 2014, 08:13:58 PM |
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Damn,I have earn nothing in 8 hour of mining on doge.dedicatedpool
460kh/s.. need moarr
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Madychoux
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January 22, 2014, 08:14:59 PM |
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Did someone take a look at http://bitinfocharts.com/top-100-richest-dogecoin-addresses.html  I really think because of the size of buy/sell walls (50-80 BTC) that some big fish are playing on the market. Just look at the 100th richest address, for some, you see big output for the last 2 days. Do you people, really think that the price is made by a lot of little guys ? I don't think so, and really believe that big miners/investers, where selling get a return of investment when it was "the good time". |
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