Gaman
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April 23, 2014, 01:19:06 AM |
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To the moon guys! I dont think blackcoin can keep up with us!
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lynn_402
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April 23, 2014, 01:22:07 AM |
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Sir, your assumption is wrong, I never proposed merged mining, I didn't even mention a merge. The hand in hand + quote is symbolism for the cryptocommunity as a whole, let's spend less time bitching on other coins (lot's of energy wasted = divided we fall) and more time improving these beautiful coins and the cryptocommunity as a whole. (united we stand). I especially liked the picture because it features the most awesome 2 coins backed by the most amazing communities. funny bc would propose a doge partenership while multipooling doge and dumping it like hot oil:)
Did we read the same post? Isn't Blackcoin PoS? How would they benefit from merging? I think the handshake is meant as a sign of unity over rivalry in the cryptocurrency economy (great picture though ) +1 Thanks Happy to see friendliness from another crypto-community. I, for one, welcome our alliance - Towards a bigger and better interconnected crypto-economy! Our theme song could be Led Zeppelin's "Black Dog" http://youtu.be/fl6s1x9j4QQ
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devphp
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April 23, 2014, 05:35:01 AM |
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Guys, it's the last days to buy cheap doges before halvening, grab all you can now. Price in May - 150 satoshi or more.
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tins
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April 23, 2014, 06:31:56 AM |
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Guys, it's the last days to buy cheap doges before halvening, grab all you can now. Price in May - 150 satoshi or more.
Easily 150 in May. But worth a whole lot more a few months down the road. As long as our community holds strong, we will do amazing and be financially secure once the reward settles at 10k rewards. We should not become complacent- keep doing highly publicized events such as Olympic bobsled and Nascar sponsorship, etc. Much community, many happiness, very WOW!
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phzi
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April 23, 2014, 06:53:47 AM |
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Guys, it's the last days to buy cheap doges before halvening, grab all you can now. Price in May - 150 satoshi or more.
The halving is already built into the current price.... when are people going to figure out that the markets react to predictable events BEFORE the event...
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tins
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April 23, 2014, 07:03:35 AM |
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Guys, it's the last days to buy cheap doges before halvening, grab all you can now. Price in May - 150 satoshi or more.
The halving is already built into the current price.... when are people going to figure out that the markets react to predictable events BEFORE the event... With the last reward halving the price didn't jump until it was close to block 96,000. If history repeats (and sometimes it does), we are about 3000 blocks away from 196,000.
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LethalStriker
Newbie
Offline
Activity: 28
Merit: 0
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April 23, 2014, 07:51:45 AM |
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Last halving price fall down, so why do you think that now should rise?
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Bit_Happy
Legendary
Offline
Activity: 2114
Merit: 1040
A Great Time to Start Something!
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April 23, 2014, 08:23:25 AM |
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...Did we read the same post?...
I did some research before responding and do not like what I found: Now DOGE is a "virtual gangster" working for the dark side? Horrible image/terrible marketing/huge fail.
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devphp
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April 23, 2014, 08:24:10 AM |
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The halving is already built into the current price.... when are people going to figure out that the markets react to predictable events BEFORE the event...
There are still a lot of miners who simply dump all mined coins to exchange them to fiat or Bitcoin. After halvening takes place, there will be half of that dumped amount. Less supply at exchanges -> higher price because demand is the same. Some of this has been priced in, but only some of it. Can you make an arguement why demand would not be the same? If you can, I'd like to hear it.
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devphp
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April 23, 2014, 08:32:52 AM |
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Last halving price fall down, so why do you think that now should rise?
Before the first one, 50% of the coins were mined, which still left a lot of new coins to mine (and dump) in the future. In 5 days, 75% will be mined. For simplicity's sake, we don't count those coins that will be mined after 100 bln. milestone is reached, because that number is not significant (only 5 bln. per year, which translates to total supply of 130 bln. in 2020, so there will be a sharp dropoff in newly mined coins with each halvening and even more so when 100 bln. milestone is reached). To compare, Bitcoin and Litecoin will have higher inflation numbers in 2015-2020 than Dogecoin.Back to the point. 75% coins will be mined in 5 days, which is an awlful lot, and we have all seen the price bounce from 90 satoshi low a few days ago, which clearly shows strong demand at that level and all that supply is not able to push the price lower than 90 satoshi. In short, there are enough people who believe in Dogecoin and who have a lot of vested interest to make it big. And with the miners not being able to dump a lot of coins after the second halvening, the price has nowhere to go but up. Not reach all time highs yet, those will come after July. You can search back my posts from 1-2 weeks ago in this thread, I said the 90 satoshi is the floor, well, I still believe that, and 150 will be the new floor in May, 200 in June, 250 in July when the third halvening takes place. You can quote me on that.
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Mikellev
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April 23, 2014, 08:34:56 AM |
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The halving is already built into the current price.... when are people going to figure out that the markets react to predictable events BEFORE the event...
There are still a lot of miners who simply dump all mined coins to exchange them to fiat or Bitcoin. After halvening takes place, there will be half of that dumped amount. Less supply at exchanges -> higher price because demand is the same. Some of this has been priced in, but only some of it. Can you make an arguement why demand would not be the same? If you can, I'd like to hear it. There is no demand for doge or any kind of coin. If you say "demand" is there because ppl want to make money through trading, then you are right. But name me one reason I need dogecoin for ? I mean especially DOGE. There is not one shop/product out there where I cant use BTC, LTC or tons of other cryptos to get it.
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devphp
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April 23, 2014, 08:43:23 AM |
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There is no demand for doge or any kind of coin. If you say "demand" is there because ppl want to make money through trading, then you are right. But name me one reason I need dogecoin for ? I mean especially DOGE. There is not one shop/product out there where I cant use BTC, LTC or tons of other cryptos to get it.
Traders and investors generate primary demand. Then come users. It works like that with anything. For Bitcoin too, otherwise Bitcoin wouldn't have sprung to $1200 and then down to $340, those swings can only be explained by trading demand. If we were to use your logic, name me one reason we need BTC for? There is not one shop/product out there where I can't use fiat in any form to get it. (I keep 55% of cryptos in BTC by the way, so I am not biased and try to be objective for any coin). The reasons for Dogecoin to exist are both the same as BTC/LTC, or tons of other cryptos, and may be there are slightly different reasons too. One big reason is the need for diversity, because everyone wants to be the first. Why buy expensive BTC if you can buy other coins for much less (relative to bitcoin divided by supply of course) that do exactly the same. In any case, I believe in diversifying, don't keep all eggs in one basket. Shuffle the eggs back and forth according to their features (fundamentals) and technical trading patterns. That approach makes most sense.
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Mikellev
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April 23, 2014, 08:57:26 AM |
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There is no demand for doge or any kind of coin. If you say "demand" is there because ppl want to make money through trading, then you are right. But name me one reason I need dogecoin for ? I mean especially DOGE. There is not one shop/product out there where I cant use BTC, LTC or tons of other cryptos to get it.
Traders and investors generate primary demand. Then come users. It works like that with anything. For Bitcoin too, otherwise Bitcoin wouldn't have sprung to $1200 and then down to $340, those swings can only be explained by trading demand. If we were to use your logic, name me one reason we need BTC for? There is not one shop/product out there where I can't use fiat in any form to get it. (I keep 55% of cryptos in BTC by the way, so I am not biased and try to be objective for any coin). The reasons for Dogecoin to exist are both the same as BTC/LTC, or tons of other cryptos, and may be there are slightly different reasons too. One big reason is the need for diversity, because everyone wants to be the first. Why buy expensive BTC if you can buy other coins for much less (relative to bitcoin divided by supply of course) that do exactly the same. In any case, I believe in diversifying, don't keep all eggs in one basket. Shuffle the eggs back and forth according to their features (fundamentals) and technical trading patterns. That approach makes most sense. This +1 And exactly what I mean. There is no real "demand". Demand in Doge or any other coin is simply to get btc cheaper. You cant mine btc or ltc with normal hardware. But you can mine doge and sell against btc. But now you get less and less doge for the same amount of work you invest (hardware + power). So why should I mine doge or better change my power to a other coin ? I dont trust this inflation / deflation stuff with cryptos. I do trust in hashrates. As soon a coin has a high hashrate, this is "demand" for me. Traders dont care about the coin. It brings money they buy, if not they sell and forget.
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devphp
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April 23, 2014, 09:08:08 AM |
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This +1
And exactly what I mean. There is no real "demand". Demand in Doge or any other coin is simply to get btc cheaper. You cant mine btc or ltc with normal hardware. But you can mine doge and sell against btc. But now you get less and less doge for the same amount of work you invest (hardware + power). So why should I mine doge or better change my power to a other coin ? I dont trust this inflation / deflation stuff with cryptos. I do trust in hashrates. As soon a coin has a high hashrate, this is "demand" for me. Traders dont care about the coin. It brings money they buy, if not they sell and forget.
I don't agree that everyone mines just to get BTC cheaper. There are some who mine only to dump to get BTC, that's true, but far from all, in Dogecoin at least. Some initially got in to get BTC cheaper, but then decided to keep some of their Dogecoins because they now see value in them. I am making the point here that those who wanted to dump Dogecoin to get BTC have already dumped, and with the rewards getting less and less, only true hodlers and believers will stay very soon, we don't have to wait too long for that per Dogecoin's reward schedule. The 90 satoshi floor where the price bounced shows that is where demand from investors comes in. Investors think long-term, they either care about the coin or care about much higher prices of the asset than day traders. Day traders do their job and they can leave, who cares. Inflation/deflation, valuation levels, hashrates, community support - these are all factors to consider. If you consider just one of them, well, I would say you may not fully enjoy the rewards down the road.
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Mikellev
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April 23, 2014, 04:22:05 PM |
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Your Pool #1 since day 1Still 0% fee - 9 stratums worldwide - nothing less5,000.00 DOGE Blockfinderbonus running. Get your extra doge now!http://doge.poolerino.com/
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vgmohanrajan
Newbie
Offline
Activity: 22
Merit: 0
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April 23, 2014, 05:24:59 PM |
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mstrongbow
Sr. Member
Offline
Activity: 322
Merit: 250
3D Printed!
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April 23, 2014, 07:00:11 PM |
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Any Dogecoin pools over 10 Gh/s right now???
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