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

[dogegudboi]

https://www.reddit.com/r/dogecoin/comments/ktqdhk/i_see_50_coming_soon

Now this could be a moon. Elon doesn't even own any doge yet 

Is that true though? Does anyone know who the owner of DH5yaieqoZN36fDVciNyRueRGvGLR3mr7L is? They HODL 22% of the supply and just in the past few months they have been transferring huge chunks of DOGE worth 5 million a pop at a time.

That's a lot of fun money to transfer, and how many uber wealthy people even know of DOGE? Elon fits the bill perfectly, for him $5 million USD DCA would be pennies for the average person, and Elon has clearly shown that he loves DOGE. I think that address belongs to Elon and he recognizes that BTC is too heavily regulated and now relatively inaccessible to the majority of the world's population. Add into the fact that BTC's halving algorithm is flawed in the long run and DOGE becomes a worthwhile competitor.

DOGE has so much going for it, hidden technical I would call them, over the next 10 years. Plus 1 DOGE = 1 DOGE. Much fun. wow.

[JollyGood]

Though Musk is interested crypto would he be interested in DOGE knowing there is an endless supply without a cap? I see no reason that provides any conclusive evidence that Musk is the owner of that address (DH5yaieqoZN36fDVciNyRueRGvGLR3mr7L) but the numbers involved are staggering.

The owner of that wallet is transferring billions of DOGE at a time and has been doing so since 2019.

https://www.reddit.com/r/dogecoin/comments/ktqdhk/i_see_50_coming_soon

Now this could be a moon. Elon doesn't even own any doge yet 

Is that true though? Does anyone know who the owner of DH5yaieqoZN36fDVciNyRueRGvGLR3mr7L is? They HODL 22% of the supply and just in the past few months they have been transferring huge chunks of DOGE worth 5 million a pop at a time.

That's a lot of fun money to transfer, and how many uber wealthy people even know of DOGE? Elon fits the bill perfectly, for him $5 million USD DCA would be pennies for the average person, and Elon has clearly shown that he loves DOGE. I think that address belongs to Elon and he recognizes that BTC is too heavily regulated and now relatively inaccessible to the majority of the world's population. Add into the fact that BTC's halving algorithm is flawed in the long run and DOGE becomes a worthwhile competitor.

DOGE has so much going for it, hidden technical I would call them, over the next 10 years. Plus 1 DOGE = 1 DOGE. Much fun. wow.

[StelioKontos]

I see no reason that provides any conclusive evidence that Musk is the owner of that address (DH5yaieqoZN36fDVciNyRueRGvGLR3mr7L) but the numbers involved are staggering.

Could that much address belong to a very exchange trading platform of some sort?

[JollyGood]

The thought crossed my mind but they have been sending billions of DOGE there, phenomenal amounts yet those amounts involved just do not seem like exchange type behaviour. This seems to be somebody who is trying to own as much DOGE as he can.

The current balance on that address is: 28,361,817,691 DOGE

CMC shows there approximate amount in circulation: 127,942,437,987 DOGE

CMC shows: 28,361,817,691 DOGE x $0.009449 current price are worth around: $267,990,815

An example: 28,361,817,691 DOGE x $0.01 are worth around: $283,671,176

An example: 28,361,817,691 DOGE x $0.0125 are worth around: $354,522.712

Just $0.01 increase in DOGE price makes the owner $280 million richer because of the amount they hold.

If there are 127 billion DOGE circulating and just one address has 28 billion DOGE, that is a huge colossal amount of the whole circulation. Imagine holding so much of one particular crypto that if the price went up by just $0.25 you would be looking at your holding worth over $7 million more. Much wow....

I see no reason that provides any conclusive evidence that Musk is the owner of that address (DH5yaieqoZN36fDVciNyRueRGvGLR3mr7L) but the numbers involved are staggering.

Could that much address belong to a very exchange trading platform of some sort?

[dogegudboi]

Though Musk is interested crypto would he be interested in DOGE knowing there is an endless supply without a cap? I see no reason that provides any conclusive evidence that Musk is the owner of that address (DH5yaieqoZN36fDVciNyRueRGvGLR3mr7L) but the numbers involved are staggering.

The owner of that wallet is transferring billions of DOGE at a time and has been doing so since 2019.

https://www.reddit.com/r/dogecoin/comments/ktqdhk/i_see_50_coming_soon

Now this could be a moon. Elon doesn't even own any doge yet 

Is that true though? Does anyone know who the owner of DH5yaieqoZN36fDVciNyRueRGvGLR3mr7L is? They HODL 22% of the supply and just in the past few months they have been transferring huge chunks of DOGE worth 5 million a pop at a time.

That's a lot of fun money to transfer, and how many uber wealthy people even know of DOGE? Elon fits the bill perfectly, for him $5 million USD DCA would be pennies for the average person, and Elon has clearly shown that he loves DOGE. I think that address belongs to Elon and he recognizes that BTC is too heavily regulated and now relatively inaccessible to the majority of the world's population. Add into the fact that BTC's halving algorithm is flawed in the long run and DOGE becomes a worthwhile competitor.

DOGE has so much going for it, hidden technical I would call them, over the next 10 years. Plus 1 DOGE = 1 DOGE. Much fun. wow.

Yes all very interesting. You'll observe that the address first goes live a couple of months (02-05-2019) before Elon's first Doge tweet (end of march 2019). It's possible Musk mentioned DOGE back in 2017 (in FEB and NOV) as there is google trends data for that "elon musk doge" but I haven't found that evidence yet.

Personally I don't think it is all coincidence, but yes the evidence is by no means conclusive. Certainly a massive crypto whale of some sort. To own 20% of DOGE which has floated in the top 25-50 coins for years now, and doesn't have an organization, VC, or DAO behind it, is very notable.

If anyone has further information or speculation please share.

[vella85]

The thought crossed my mind but they have been sending billions of DOGE there, phenomenal amounts yet those amounts involved just do not seem like exchange type behaviour. This seems to be somebody who is trying to own as much DOGE as he can.

The current balance on that address is: 28,361,817,691 DOGE

CMC shows there approximate amount in circulation: 127,942,437,987 DOGE

CMC shows: 28,361,817,691 DOGE x $0.009449 current price are worth around: $267,990,815

An example: 28,361,817,691 DOGE x $0.01 are worth around: $283,671,176

An example: 28,361,817,691 DOGE x $0.0125 are worth around: $354,522.712

Just $0.01 increase in DOGE price makes the owner $280 million richer because of the amount they hold.

If there are 127 billion DOGE circulating and just one address has 28 billion DOGE, that is a huge colossal amount of the whole circulation. Imagine holding so much of one particular crypto that if the price went up by just $0.25 you would be looking at your holding worth over $7 million more. Much wow....

I see no reason that provides any conclusive evidence that Musk is the owner of that address (DH5yaieqoZN36fDVciNyRueRGvGLR3mr7L) but the numbers involved are staggering.

Could that much address belong to a very exchange trading platform of some sort?

Even though this person or people are holding 20% of the Doge supply which doesn't normally sit well with me when a huge whale owns a lot of the supply however this could be a positive because it shows that whoever this person is that they believe that the price will go up in the future. The only down fall is that for this person the price doesn't need to go up much to make a lot of money and could easily dump and bring the price down. It will be interesting to see what happens when Doge has the next leg up which could be soon.

[tbct_mt2]

Dogecoin is oscillator altcoin in the article The two types of altcoins.

It is a long time since the last run of Dogecoin in 2020 when DOGE price reached 60 satoshis. If the oscillation is repeated, it can have another amazing run this year. In December 2020, Dogecoin has a good run but it did not claim the 60 satoshi price. I hope, certainly as I have Dogecoin in my wallet.

[Spaffin]

Recently, I have been using the Atomic Wallet to store my assets in DOGE cryptocurrency and I want to say that this is a really very good application as a safe haven.
  But I am concerned about the fact that recently the commissions have increased and for the minimum transactions I pay at least 5 DOGE COIN coins. Is this normal or do I need to change my wallet?

[dogemoon]

“DOGE is no longer ‘just a meme’ coin, and is now a viable financial instrument in its own right.”

https://beincrypto.com/dogecoin-barks-defi-dogeo-stablecoin-minting/




Dogecoin to 1 dollar? Reddit turns to DOGE after GameStop surges 1,600% in 2 weeks

https://cointelegraph.com/news/dogecoin-to-1-dollar-reddit-turns-to-doge-after-gamestop-surges-1-600-in-2-weeks

[Nighthog]

Why is synchronizing to network so unbearably slow for DOGE?

All other coins I've tested are so much faster to synchronize to network and download the blocks.
DOGE is in a category of it's own, unreliably slow to catchup.

My wallet took more than a week to get the blocks synced, even then if I forget to open the application daily it might take an hour or such to sync.

[cesmak]

Why is synchronizing to network so unbearably slow for DOGE?

All other coins I've tested are so much faster to synchronize to network and download the blocks.
DOGE is in a category of it's own, unreliably slow to catchup.

My wallet took more than a week to get the blocks synced, even then if I forget to open the application daily it might take an hour or such to sync.

What wallet are you using ?

I've opened some minutes ago my DOGE core wallet, after 1 month, and it say 75 minutes of estimated time to resync the 4 weeks.

So in one hour it can sync quite a month.

Well i have to say that is on a pc with SSD an i7 processor and with 24Gb. of ram.... could be that also is your hardware that is not very performant. SSD give a big boost to wallets.

Cheers

Edit : Wallet just finished sync, 4 weeks and 2 days in exactly 55 minutes.

[Nighthog]

“DOGE is no longer ‘just a meme’ coin, and is now a viable financial instrument in its own right.”

https://beincrypto.com/dogecoin-barks-defi-dogeo-stablecoin-minting/




Dogecoin to 1 dollar? Reddit turns to DOGE after GameStop surges 1,600% in 2 weeks

https://cointelegraph.com/news/dogecoin-to-1-dollar-reddit-turns-to-doge-after-gamestop-surges-1-600-in-2-weeks

Forbes has a interesting article today: [It's Doge Time]

https://www.forbes.com/sites/roberthart/2021/01/28/its-doge-time-dogecoin-surges-as-reddit-traders-push-to-make-it-the-crypto-gamestop/

Pump & Volume is up a lot.

Sadly I'm too late to the party, yet to have any of these Doge coins.

[Nighthog]

Why is synchronizing to network so unbearably slow for DOGE?

All other coins I've tested are so much faster to synchronize to network and download the blocks.
DOGE is in a category of it's own, unreliably slow to catchup.

My wallet took more than a week to get the blocks synced, even then if I forget to open the application daily it might take an hour or such to sync.

What wallet are you using ?

I've opened some minutes ago my DOGE core wallet, after 1 month, and it say 75 minutes of estimated time to resync the 4 weeks.

So in one hour it can sync quite a month.

Well i have to say that is on a pc with SSD an i7 processor and with 24Gb. of ram.... could be that also is your hardware that is not very performant. SSD give a big boost to wallets.

Cheers

Not the PC. It's well good enough. AMD Ryzen, 32GB RAM.

Using the Core wallet, it's just like none of the peers I get connected to share any of the blocks on the Dogecoin network.
And the week long wait for sync was thanks to 1 individual IP that connected about a week into my syncing before it was done in 2 days all thanks to that one peer giving a good download.
Would have taken much longer if that didn't happen.

[dre1982]

DOGE pumped today to 57sat already.

But I think we have seen this before. Suddenly a big pump and within a few days we are back at  23~26sat.

[starmman]

DOGE pumped today to 57sat already.

But I think we have seen this before. Suddenly a big pump and within a few days we are back at  23~26sat.

Lets see - the frequency between pumps is increasing and a lot of people didn't refill their bags after the last pump

My highest sale so far today was 67 sat and that was a few minutes ago

[cesmak]

Why is synchronizing to network so unbearably slow for DOGE?

All other coins I've tested are so much faster to synchronize to network and download the blocks.
DOGE is in a category of it's own, unreliably slow to catchup.

My wallet took more than a week to get the blocks synced, even then if I forget to open the application daily it might take an hour or such to sync.

What wallet are you using ?

I've opened some minutes ago my DOGE core wallet, after 1 month, and it say 75 minutes of estimated time to resync the 4 weeks.

So in one hour it can sync quite a month.

Well i have to say that is on a pc with SSD an i7 processor and with 24Gb. of ram.... could be that also is your hardware that is not very performant. SSD give a big boost to wallets.

Cheers

Not the PC. It's well good enough. AMD Ryzen, 32GB RAM.

Using the Core wallet, it's just like none of the peers I get connected to share any of the blocks on the Dogecoin network.
And the week long wait for sync was thanks to 1 individual IP that connected about a week into my syncing before it was done in 2 days all thanks to that one peer giving a good download.
Would have taken much longer if that didn't happen.

well so is a problem of peers/connections, stop the wallet, rename peers.dat on %user%/appdata/roaming/dogecoin directory, restart the wallet, it will try to seek for new peers and probably if you get 8 connections, your sync time will improve.

Cheers

[dre1982]

DOGE pumped today to 57sat already.

But I think we have seen this before. Suddenly a big pump and within a few days we are back at  23~26sat.

Lets see - the frequency between pumps is increasing and a lot of people didn't refill their bags after the last pump

My highest sale so far today was 67 sat and that was a few minutes ago

Yep and a few minutes later is already on the 76sat but the way down looks very thing to me so I wouldn't suprise if it's being dumped within a hour.

[hd49728]

DOGE pumped today to 57sat already.

But I think we have seen this before. Suddenly a big pump and within a few days we are back at  23~26sat.

82 satoshi as of writing. What happened with Dogecoin and who pumped it as a MadDog coin?

Dogecoin is pumped when it has a time for altcoin season and its cycle comes. It is a very interesting shit coin.

How many Shorters have been killed today with this Mad dog? Only on Binance, in DOGE/BTC, there are more than 5.200 BTC changed hands so far. Crazy day for Dogecoin longers

It all started after this tweet of WSBChairman: https://twitter.com/WSBChairman/status/1354658870560481285

Everytime when someone posts about DOGE then it goes off recently.

Again, Dogecoin was pumped by a tweet. 

[dre1982]

DOGE pumped today to 57sat already.

But I think we have seen this before. Suddenly a big pump and within a few days we are back at  23~26sat.

82 satoshi as of writing. What happened with Dogecoin and who pumped it as a MadDog coin?

Dogecoin is pumped when it has a time for altcoin season and its cycle comes. It is a very interesting shit coin.

It all started after this tweet of WSBChairman: https://twitter.com/WSBChairman/status/1354658870560481285

Everytime when someone posts about DOGE then it goes off recently.

[Nighthog]

I was waiting for a pump to happen but hadn't managed to get any in time.

I was looking to mining but that being regelated to ASIC only made it impossible and no way to purchase this coin directly in my country, more hassle than I thought.

Good luck to those who have bags held for this rally.