futile-resistance
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May 16, 2014, 04:17:48 PM |
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"Dogecar, much parked... That's how they say on the website" -Fox Sports One Announcer 2014
Hah.
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superresistant
Legendary
Offline
Activity: 2156
Merit: 1131
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May 16, 2014, 06:05:23 PM |
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niothor
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May 16, 2014, 06:23:32 PM |
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Maybe 100 sat is the psychologic limit
It;s just the coin has stabilized for a while and it will take more than dogecar for it to break out. There are still plenty of coins getting mined and lot's of them sold and bought. I think that it's just the fact that doge fan base are not investors to pour money into the coin as opposed to btc. From what I read here and on reddit there are plenty of doge investors, but mostly younger with much smaller stakes than a typical BTC or LTC investor. That means doge needs larger user (and investor) base to match or beat their numbers in fiat sense. Bitcoin community is growing, too, and to keep or improve the position doge needs to continually outperform in user numbers. I do believe doge user base is growing much faster than BTC or LTC user base, and if you combine that with more halvings, demand will definitely grow. As for supply, it is probably already more dependent on spenders/holders/traders than mining rewards, so near term supply might be harder to predict. Of course, there are plenty more parameters, this is just one of them. To da moon! Unfortunately , doge is not designed to adress such investors. It has to do it's best with the current user base type , if it stops this , it will not be doge anymore.
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futile-resistance
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May 16, 2014, 08:05:09 PM |
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Here's some new info about the Lunar Iditarod Dogecoin competition: http://www.crowdfundinsider.com/2014/05/38759-team-phoenicia-revup-render-team-dogecoin-competition-lunar-iditard-micro-moon-competition/President of RevUp Render Ry Bruscoe noted, “The Iditarod is the perfect way for the Dogecoin community to push the limits of digital currency and advanced engineering to achieve something that has never been done before – racing micro-rovers on the moon. Participants will have access to our advance cloud computing technologies to push their designs to new heights. We can’t wait to see what Lunar Iditarod teams create in the most ambitious challenge to date for the Dogecoin community. “Team Phoenicia is proud to support the RevUp Render Iditarod Challegne. We bring our experience in the past challenges, the contacts made through those experiences, and of course, the launch itself. The Dogecoin community is well positioned for growth beyond being just another cryptocurrency. By crossing pollinating the Dogecoin, robotics, and NewSpace communities, we create the opportunity for these vastly different communities to learn from one another, creating something that is stronger and better than we ever imagined. Not only as we offering to help the Dogecoin community achieve its goal of ‘To the Moon,’ we are helping to create a market for Dogecoin that will help increase demand for the cryptocurrency around the world.”
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adud
Newbie
Offline
Activity: 19
Merit: 0
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May 16, 2014, 08:37:52 PM |
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Maybe 100 sat is the psychologic limit
It;s just the coin has stabilized for a while and it will take more than dogecar for it to break out. There are still plenty of coins getting mined and lot's of them sold and bought. I think that it's just the fact that doge fan base are not investors to pour money into the coin as opposed to btc. From what I read here and on reddit there are plenty of doge investors, but mostly younger with much smaller stakes than a typical BTC or LTC investor. That means doge needs larger user (and investor) base to match or beat their numbers in fiat sense. Bitcoin community is growing, too, and to keep or improve the position doge needs to continually outperform in user numbers. I do believe doge user base is growing much faster than BTC or LTC user base, and if you combine that with more halvings, demand will definitely grow. As for supply, it is probably already more dependent on spenders/holders/traders than mining rewards, so near term supply might be harder to predict. Of course, there are plenty more parameters, this is just one of them. To da moon! Unfortunately , doge is not designed to adress such investors. It has to do it's best with the current user base type , if it stops this , it will not be doge anymore. It doesn't have to change user base type, it just needs more shibes to achieve the same thing, and it's doing great. May not be the best analogy (not sure if it is accurate), but will use it to make a point: people drink wine but more people drink beer, some drink both. Wine is more expensive but more beer is consumed both in quantity and fiat value
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futile-resistance
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May 16, 2014, 09:01:15 PM |
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Maybe 100 sat is the psychologic limit
It;s just the coin has stabilized for a while and it will take more than dogecar for it to break out. There are still plenty of coins getting mined and lot's of them sold and bought. I think that it's just the fact that doge fan base are not investors to pour money into the coin as opposed to btc. From what I read here and on reddit there are plenty of doge investors, but mostly younger with much smaller stakes than a typical BTC or LTC investor. That means doge needs larger user (and investor) base to match or beat their numbers in fiat sense. Bitcoin community is growing, too, and to keep or improve the position doge needs to continually outperform in user numbers. I do believe doge user base is growing much faster than BTC or LTC user base, and if you combine that with more halvings, demand will definitely grow. As for supply, it is probably already more dependent on spenders/holders/traders than mining rewards, so near term supply might be harder to predict. Of course, there are plenty more parameters, this is just one of them. To da moon! Unfortunately , doge is not designed to adress such investors. It has to do it's best with the current user base type , if it stops this , it will not be doge anymore. It doesn't have to change user base type, it just needs more shibes to achieve the same thing, and it's doing great. May not be the best analogy (not sure if it is accurate), but will use it to make a point: people drink wine but more people drink beer, some drink both. Wine is more expensive but more beer is consumed both in quantity and fiat value Guess the question is, do we want to be like Bitcoin (with it's hundreds of thousands of users and multi-Billion dollar market cap), or do we want to be like Q coin (Tencent QQ, 750 million users, estimated over Trillion dollar market cap). Bitcoin has a lot going for it, but it's not like it's the most successful digital currency ever.
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futile-resistance
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May 17, 2014, 12:00:11 AM |
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Just a quick update.
Josh Wise has won the Sprint Fan Vote, beating drivers with over 1 million fans, and will be driving in the All Star Race tomorrow.
Last Prize for the All Star Race is double what Dogecoiners donated to sponsor him at Talladega.
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C10H15N
Legendary
Offline
Activity: 944
Merit: 1026
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May 17, 2014, 01:18:01 AM |
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Just a quick update.
Josh Wise has won the Sprint Fan Vote, beating drivers with over 1 million fans, and will be driving in the All Star Race tomorrow.
Last Prize for the All Star Race is double what Dogecoiners donated to sponsor him at Talladega.
And I don't want to see another captcha as long as I live
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Only when the tide goes out do you discover who's been swimming naked. -Warren Buffett
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futile-resistance
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May 17, 2014, 02:20:12 AM |
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Just a quick update.
Josh Wise has won the Sprint Fan Vote, beating drivers with over 1 million fans, and will be driving in the All Star Race tomorrow.
Last Prize for the All Star Race is double what Dogecoiners donated to sponsor him at Talladega.
And I don't want to see another captcha as long as I live Same. Love watching this explode on twitter/reddit/facebook. Such Controversy. Much votes. Wow.
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devphp
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May 17, 2014, 05:35:57 AM |
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Dogecoin did it again!
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hotsexcise
Newbie
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Activity: 14
Merit: 0
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May 17, 2014, 05:47:53 AM |
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When to go the moon?
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xtsjyfx
Newbie
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Activity: 56
Merit: 0
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May 17, 2014, 05:53:02 AM |
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these days dogecoin is very low in price,and other coins are too. if dogecoin can go after litcoin,god bless it.
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Riboflavin
Newbie
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Activity: 10
Merit: 0
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May 17, 2014, 07:48:54 AM |
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When to go the moon?
We are on the way shibe
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niothor
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May 17, 2014, 09:02:56 AM |
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When to go the moon?
Wait some more it's not the time for another rally
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ranlo
Legendary
Offline
Activity: 1988
Merit: 1007
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May 17, 2014, 09:05:47 AM |
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When to go the moon?
Wait some more it's not the time for another rally When will it be time?
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niothor
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May 17, 2014, 09:08:47 AM |
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Maybe 100 sat is the psychologic limit
It;s just the coin has stabilized for a while and it will take more than dogecar for it to break out. There are still plenty of coins getting mined and lot's of them sold and bought. I think that it's just the fact that doge fan base are not investors to pour money into the coin as opposed to btc. From what I read here and on reddit there are plenty of doge investors, but mostly younger with much smaller stakes than a typical BTC or LTC investor. That means doge needs larger user (and investor) base to match or beat their numbers in fiat sense. Bitcoin community is growing, too, and to keep or improve the position doge needs to continually outperform in user numbers. I do believe doge user base is growing much faster than BTC or LTC user base, and if you combine that with more halvings, demand will definitely grow. As for supply, it is probably already more dependent on spenders/holders/traders than mining rewards, so near term supply might be harder to predict. Of course, there are plenty more parameters, this is just one of them. To da moon! Unfortunately , doge is not designed to adress such investors. It has to do it's best with the current user base type , if it stops this , it will not be doge anymore. It doesn't have to change user base type, it just needs more shibes to achieve the same thing, and it's doing great. May not be the best analogy (not sure if it is accurate), but will use it to make a point: people drink wine but more people drink beer, some drink both. Wine is more expensive but more beer is consumed both in quantity and fiat value Guess the question is, do we want to be like Bitcoin (with it's hundreds of thousands of users and multi-Billion dollar market cap), or do we want to be like Q coin (Tencent QQ, 750 million users, estimated over Trillion dollar market cap). Bitcoin has a lot going for it, but it's not like it's the most successful digital currency ever. Qcoin can be killed by the PBOC in a matter of seconds and wait it has been already killed once It was actually the first coin to be banned in china. Besides: As the online gamer source tells Quartz, "the currency's system is so decentralized" that it would be extremely difficult for the Chinese government to do anything about bitcoin. That wasn't the case with Q Coin, he says. "The [Ministry of Commerce] can regulate Q Coin because of two things. One, Tencent submits regular reports about Q Coin's circulation and transaction volumes. Two, MoC can withdraw Tencent's license if things get out of control," he says, adding that the Chinese government has no mechanism for tracking bitcoin transaction or circulation. And unlike with Tencent, there's no company or entity to target for regulation. "To China's conservative regulators," he adds, "Bitcoin is a game [that's] way more dangerous."
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