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

[bterproblems]

panic sell guys
the best altcoin existing
people stupidity is unbelievable

[AlexGR]

Doge is only 3 months old...
The best time for him didnt come yet.
Community is still growing, price must go up finally.

It's simple maths really... 360 million DOGEs are issued daily. At 110 satoshi, 400 BTCs are needed every day to buy the mining supply, just to keep the price stable. At some point, the inflation numbers eat up the BTCs, the BTC investors dry up and the game is over => the only way is down.

When you know that in a year from now, there'll be almost double the DOGEs, and bitcoins will be more-or-less tha same in numbers, it's a no brainer why the Doge/BTC price ratio will go down and down and down.

[cherominerito]

In a year from now BTC worth will be higher

[dewdeded]

But 2015 remember: 1 DOLLAR = 1 DOGE :-)


AlexGRs math is obvious correct. LOL at wanna-be altcoin-"investors"/"-taders" in DOGE crying about price of Dogecoin.

[Amph]

Doge is only 3 months old...
The best time for him didnt come yet.
Community is still growing, price must go up finally.

It's simple maths really... 360 million DOGEs are issued daily. At 110 satoshi, 400 BTCs are needed every day to buy the mining supply, just to keep the price stable. At some point, the inflation numbers eat up the BTCs, the BTC investors dry up and the game is over => the only way is down.

When you know that in a year from now, there'll be almost double the DOGEs, and bitcoins will be more-or-less tha same in numbers, it's a no brainer why the Doge/BTC price ratio will go down and down and down.

nah, the interest just shifted on aurora, and other scamcoin, this is the real reason why doge is falling

if the interest is strong enough, every value is sustainable

[dewdeded]

Diff: http://bitinfocharts.com/comparison/hashrate-doge.html
Profability: http://www.coinwarz.com/miningprofitability/litecoin
Answer is yes, you can mine it.

[ScroogeD]

Back to the old days?

[AlexGR]

Doge is only 3 months old...
The best time for him didnt come yet.
Community is still growing, price must go up finally.

It's simple maths really... 360 million DOGEs are issued daily. At 110 satoshi, 400 BTCs are needed every day to buy the mining supply, just to keep the price stable. At some point, the inflation numbers eat up the BTCs, the BTC investors dry up and the game is over => the only way is down.

When you know that in a year from now, there'll be almost double the DOGEs, and bitcoins will be more-or-less tha same in numbers, it's a no brainer why the Doge/BTC price ratio will go down and down and down.

nah, the interest just shifted on aurora, and other scamcoin, this is the real reason why doge is falling

if the interest is strong enough, every value is sustainable

Actually it's mathematically impossible. For infinite DOGEs there are not infinite BTCs to sustain the price.

[vleroybrown]

Doge doesnt need a cap.. 5 billion + per year aint crap

[tazpa]

Actually it's mathematically impossible. For infinite DOGEs there are not infinite BTCs to sustain the price.

If only any of us would be alive when BTC inflation stops!
Would you consider doge finite if there would be a decision to stop inflation in 1000 years?
Are you aware that cryptos are so new that it doesn't matter jack s what happens 10 years from now, let alone 140 when BTC trickle stops?

[bterproblems]

Doge is only 3 months old...
The best time for him didnt come yet.
Community is still growing, price must go up finally.

It's simple maths really... 360 million DOGEs are issued daily. At 110 satoshi, 400 BTCs are needed every day to buy the mining supply, just to keep the price stable. At some point, the inflation numbers eat up the BTCs, the BTC investors dry up and the game is over => the only way is down.

When you know that in a year from now, there'll be almost double the DOGEs, and bitcoins will be more-or-less tha same in numbers, it's a no brainer why the Doge/BTC price ratio will go down and down and down.

Thats true, but what about people that invest in coins which will not double their amount in a year, but x100-ple their amount in 3 weeks? And yet these coins are still worth a lot of BTCs.
Please tell me another < 3 months old coin that you rather invest in.

[SuperSta]

http://doge.lifeforce.info

New Dogecoin Pool:

Fee: 0%
System: Prop
VarDiff: Yes
Stratum: Yes
Block Finders Bonus: 1000


We need some serious hashes, so I will steadily start to increase bonus over the coming hours and days.

Block Finders Bonus increased to 1200

 

Block Finders Bonus increased to 2000

[salstimda]

Doge is only 3 months old...
The best time for him didnt come yet.
Community is still growing, price must go up finally.

It's simple maths really... 360 million DOGEs are issued daily. At 110 satoshi, 400 BTCs are needed every day to buy the mining supply, just to keep the price stable. At some point, the inflation numbers eat up the BTCs, the BTC investors dry up and the game is over => the only way is down.

When you know that in a year from now, there'll be almost double the DOGEs, and bitcoins will be more-or-less tha same in numbers, it's a no brainer why the Doge/BTC price ratio will go down and down and down.

your maths are bad, bro. first of all, dogecoin and bitcoin are not the same numbers. second, not everything that is mined is sold straight away. third, there will be less doges issues when the block reward halves again. doges mining is faster at begining than bitcoin, with faster block reward halving. that means now you can mine doges fast, but in the future, like 1 year from now you won't be able to mine doges as fast compared to bitcoin since the blockreward of doge will half more often than bitcoins. doge will probably drop a  little more before it skyrockets again.

also 400 BTC  (250.000$) is nothing to the 24h volume of doge (way above 2.000.000$)

[akujin]

 

[LuckyLuke]

all these panic sellers hhahaha.

[mr_random]

I hope doge packed a parachute in his rocket

[cryt3k]

I hope doge packed a parachute in his rocket

he's got a rocket attached to his parachute.

[cozk]

Still holding.

Chances are that it will go back to 300.

I'd rather risk it than selling now and live with the grief later on.

[mr_random]

Still holding.

Chances are that it will go back to 300.

I'd rather risk it than selling now and live with the grief later on.

300 will come back but it won't be for a long time. Not until we've gone through a few more reward halvings and not so many coins are getting dumped onto the market. I've got my buy orders set for < 100 satoshis.

[SuperSta]

All financially traded instrustments go up and go down. There will be a point where dogecoin will stop dropping and will start to increase again. It's the smart people who go in buy when its low and sell when it regains. Doge is an extremely popular altcoin. Anyone who thinks this is the end for it, is niave. If you got money and want to make money, go in buy when its low, hold, and sell in 2 months. Personally I wouldn't sell my doges till we reach 99% of all coins mined. We currently at 59%. Then boys and girls, then you will see this cryptocurrency really skyrocket. Some of you will think back and say to yourselves why o why did I sell my doges.

Mining difficulty has dropped also, as people try out other altcoins, but when they soon realised that these other altcoins have no strong communities propping them up and their prices keep dropping via short-term speculators, they will return to Dogecoin.

It's all about supply and demand. Bock halving together with a more or less finite number of doges, higher demand will return and price will ultimately go up for this coin.

Personally I don't care about the dogecoin theme, the whole "many wow, such coins" etc actually annoys me. However I know in the long run, those people with alot doges, will eventually be damn happy that they held on to them.

As mining difficulty is dropping it will be easier to mine, so we have added dogecoins to Lifeforce Pools @ http://doge.lifeforce.info (0% Fee - 2000 Doges Block Finders)

If you feel as I do, mine the shit out of this coin, buy as much as you can, and hold.

If you gona sell anyway, feel free, you're only making it cheaper for those smart people to pick up doges at nice low prices.

Goodluck all, may your fortunes may great.