onzoom
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Activity: 37
Merit: 0
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February 03, 2014, 12:18:02 AM |
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my guess is the 10+ btc buys from 150 to 140 will evaporate as the price goes down
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Sultanen
Member
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Activity: 84
Merit: 10
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February 03, 2014, 12:22:48 AM |
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Do we have any indication on when this drop will end? Sell now and go to bed to buy back at 100ish or will it be back up on 180? I think ill ride it out and hold them firm until block half =) such drop
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GTX-DoX
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February 03, 2014, 12:24:11 AM |
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I don't want to start whole "You can't compare Bitcoin and Dogecoin" thing but wasn't the history of Bitcoin price pretty much the same as Dogecoin now(even though Doge is so young at the moment)? So why would it be hard to believe that the same thing can't happen to Dogecoin? Who knew at the start of Bitcoin that it will reach 1000+ dollars. The same goes now, we can't know what will happen to Dogecoin. So enjoy the ride and make profit from your own choices. If someone wants to keep their coins let him be, if you are a dumper just go with it... and that's it.
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carlb007
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February 03, 2014, 12:27:32 AM |
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Do we have any indication on when this drop will end? Sell now and go to bed to buy back at 100ish or will it be back up on 180? I think ill ride it out and hold them firm until block half =) such drop
No - its the same as every other crypto - plagued by people with far deeper pockets than us minions that will continue to manipulate the market as they wish. Sit it out - if you cant stop watching the minute by minute price sell up and go home.
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mashac
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February 03, 2014, 12:30:49 AM |
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So, for Bitcoin lovers that think it's alright for bitcoin to reach 1000 USD and Dogecoin can never even reach 1000 satoshi, let's do some math...
So far approximately 12,300,000 bitcoins have been mined versus approximately 41,825,370,000 dogecoins.
At 1000 USD per Bitcoin (12,300,000 x 1000) that equals 12,300,000,000 USD If Doge goes to 0,25 USD (41,825,370,000 x 0,25) that would be 10,456,342,500 USD (2 billion less than bitcoin value)
Why is this so difficult to believe?
Even if we do the same math for all coins to be mined that would still give similar results:
21,000,000 x 1000 USD = 21,000,000,000 USD 100,000,000,000 x 0,25 USD = 25,000,000,000 USD
This time Dogecoin would have more 4 billion USD in circulation but since it's a coin with much less "facial" value and much more use this is to be expected.
So in my view it's perfectly possible for doge to reach 0,25 USD or even more in a few years.
Despite the pessimists I believe DOGE can indeed go to the MOON and has a much better future that bitcoin precisely due to its much lower value per coin and the fast and easy way that it can be traded. It's a coin for the people to use daily, not some kind of bond one keeps as savings for the future.
Bitcoin is wildly adopted, Dogecoin will never reach that level. This comparison was retarded. the reason....? if you can't provide a valid reason, then your comparison is retarded..
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soulnecturn
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February 03, 2014, 12:32:05 AM |
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how to say it ... just Sunday eveninig :/ Tomorrow will be better day The begining of good trip
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Lykkan
Member
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Activity: 90
Merit: 10
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February 03, 2014, 12:37:26 AM |
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In the end I'm all for dogecoin. Ive sold all of my altcoins long ago for Doge and I'm enjoying this crash. Wish it'd go down even more so us with trust in Doge can purchase cheaper SELL SELL SELL!
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MtRev
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February 03, 2014, 12:50:49 AM |
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Why is Dogecoin dropping so much? It was doing so well for a while.
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Don't trade alone! Let's Talk Money!Stocks, Options, Crypto, Forex, Dividends and the Commodities market
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mikeroz
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February 03, 2014, 01:03:59 AM |
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Why is Dogecoin dropping so much? It was doing so well for a while.
for you to sell
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sbfree
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February 03, 2014, 01:04:35 AM |
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in case anyone wants to mine Dogecoin, or some other coin like litecoin with a USB STICK, batch 2 is on.... https://bitcointalk.org/index.php?topic=438177.0price is not bad either.... and there are a few on ebay too, but those are more money too the moon!
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cozk
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February 03, 2014, 01:13:50 AM |
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I don't want to start whole "You can't compare Bitcoin and Dogecoin" thing but wasn't the history of Bitcoin price pretty much the same as Dogecoin now(even though Doge is so young at the moment)? So why would it be hard to believe that the same thing can't happen to Dogecoin? Who knew at the start of Bitcoin that it will reach 1000+ dollars. The same goes now, we can't know what will happen to Dogecoin. So enjoy the ride and make profit from your own choices. If someone wants to keep their coins let him be, if you are a dumper just go with it... and that's it. Thanks to remind the shibes that. Dogecoin to 5000 satoshi !!!
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Yoboseo
Newbie
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Activity: 56
Merit: 0
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February 03, 2014, 01:15:00 AM |
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I kind of feel bad buying some dogecoin from panic sellers in the 130's, but hopefully with that dip some new blood got involved and scooped some up. This exact same thing happened with bitcoin and litecoin growing up, always going to be non believers and non professional financial consultants "giving advice".
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cwizard
Member
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Activity: 98
Merit: 10
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February 03, 2014, 01:15:58 AM |
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While you're waiting to find out what to do with your DOGE, check out http://dogecoincity.com/ it's a new game.
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cryt3k
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February 03, 2014, 01:22:03 AM |
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matt4054
Legendary
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Activity: 1946
Merit: 1035
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February 03, 2014, 01:27:37 AM |
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Basically: - If there's any greater fool waiting in line after you, you win a few coins - Otherwise you lose soooo much coins wow
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cwizard
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Activity: 98
Merit: 10
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February 03, 2014, 01:50:24 AM |
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Basically: - If there's any greater fool waiting in line after you, you win a few coins - Otherwise you lose soooo much coins wow Basically! Gotta play to win, and I'm bored
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GameKyuubi
Sr. Member
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Activity: 253
Merit: 1413
DTCxNMC
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February 03, 2014, 01:57:12 AM |
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While you're waiting to find out what to do with your DOGE, check out it's a new game.
very scheme much pyramid
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BTC: 15SLrNo6PKVfsH5JLtatJcVkSQXCk1LXyq full stack Node
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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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February 03, 2014, 02:26:03 AM |
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the fast mining rate and 5% inflation are a burden on dogecoins price even someone like me whos a big fan see's that
something need to be done at 100k block we need a hard fork and space the other 50b coins over 2-3 years and a 1% inflation rate
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Treggar
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February 03, 2014, 03:01:01 AM |
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While you're waiting to find out what to do with your DOGE, check out it's a new game.
very scheme much pyramid It's the same game as EarthCoin Gaia. Whoever is the last chump holding the ball loses all their doges and game operator makes out like a bandit At least the EAC ones lasted 24 hours before expiration though!
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