lynn_402
|
|
June 01, 2014, 08:28:08 AM |
|
I asked this in the IRC but at the time no one could give me a good answer.
I'm curious about all these new asic's being released, and how it impacts doge.
Will more GH/s increase the speed at which doge can potentially be mined? Will it potentially change the fact that the end of 2014 will be "all mined" (minus the inflation each year of 5 billion doge's)
I haven't been online much in the past few months so I'm now playing catchup with all the news. Thanks!
More gh/s in the network only increases security, difficulty will adjust to this so it will take the same amount of time to produce a block of the same value.
|
|
|
|
Kergekoin
|
|
June 01, 2014, 01:20:09 PM |
|
I said that DOGE will hit 200+sat when this thread was started. I will say it again in a little different way. DOGE/USD will rise again quite significally. DOGE is a very good investment if you are going to hold at least a year. Be patient. DOGE aint gonna die. In that im sure.
|
|
|
|
lynn_402
|
|
June 01, 2014, 03:25:48 PM |
|
Looks like the market is changing its mind about Dogecoin! Congratulations to all holders and those who bought below 60 In other news: Operation Fire and Forget is fully funder: an extra 13 mh/s will protect the network 24/7 and its profits will go to the devs! Making the doge network about 1500$ more expensive to attack.
|
|
|
|
nicetry
Newbie
Offline
Activity: 56
Merit: 0
|
|
June 01, 2014, 03:37:52 PM |
|
Looks like the market is changing its mind about Dogecoin! Congratulations to all holders and those who bought below 60 In other news: Operation Fire and Forget is fully funder: an extra 13 mh/s will protect the network 24/7 and its profits will go to the devs! Making the doge network about 1500$ more expensive to attack. So how long do you think doge will stay above 60? And $1500 in what year's dollars?
|
|
|
|
lynn_402
|
|
June 01, 2014, 03:39:55 PM |
|
Looks like the market is changing its mind about Dogecoin! Congratulations to all holders and those who bought below 60 In other news: Operation Fire and Forget is fully funder: an extra 13 mh/s will protect the network 24/7 and its profits will go to the devs! Making the doge network about 1500$ more expensive to attack. So how long do you think doge will stay above 60? And $1500 in what year's dollars? What do you mean? It was 1500$ in today's dollars, which was raised to buy a community ASIC.
|
|
|
|
futile-resistance
|
|
June 01, 2014, 03:51:47 PM |
|
Looks like the market is changing its mind about Dogecoin! Congratulations to all holders and those who bought below 60 In other news: Operation Fire and Forget is fully funder: an extra 13 mh/s will protect the network 24/7 and its profits will go to the devs! Making the doge network about 1500$ more expensive to attack. So how long do you think doge will stay above 60? And $1500 in what year's dollars? What do you mean? It was 1500$ in today's dollars, which was raised to buy a community ASIC. Not to mention the 200 ASICs bought by the community from vAsic, bet quite a few of those will be pointed at Doge.
|
|
|
|
nicetry
Newbie
Offline
Activity: 56
Merit: 0
|
|
June 01, 2014, 03:52:21 PM |
|
Looks like the market is changing its mind about Dogecoin! Congratulations to all holders and those who bought below 60 In other news: Operation Fire and Forget is fully funder: an extra 13 mh/s will protect the network 24/7 and its profits will go to the devs! Making the doge network about 1500$ more expensive to attack. So how long do you think doge will stay above 60? And $1500 in what year's dollars? What do you mean? It was 1500$ in today's dollars, which was raised to buy a community ASIC. Oh good, let's keep living in today's prices and dollars so doge network is always $1500 more expensive to attack, perfect plan. This is why doge is falling, its supporters got no common sense, living in their own fantasy world and you talk like adding another asics to farm doge is a good thing. Let's see what happens when the devs sells the doge you raised to USD to actually use that money. The way i see it, giving these devs bitcoins directly would have been better for the market prices. And you act like preventing a network attack is a top priority that you need to worry about right now, instead of dealing with the elephant in the room.
|
|
|
|
lynn_402
|
|
June 01, 2014, 03:58:03 PM |
|
Looks like the market is changing its mind about Dogecoin! Congratulations to all holders and those who bought below 60 In other news: Operation Fire and Forget is fully funder: an extra 13 mh/s will protect the network 24/7 and its profits will go to the devs! Making the doge network about 1500$ more expensive to attack. So how long do you think doge will stay above 60? And $1500 in what year's dollars? What do you mean? It was 1500$ in today's dollars, which was raised to buy a community ASIC. Oh good, let's keep living in today's prices and dollars so doge network is always $1500 more expensive to attack, perfect plan. This is why doge is falling, its supporters got no common sense, living in their own fantasy world and you talk like adding another asics to farm doge is a good thing. Let's see what happens when the devs sells the doge you raised to USD to actually use that money. The way i see it, giving these devs bitcoins directly would have been better for the market prices. And you guys act like preventing a network attack is a top priority that you need to worry about right now. 1500$ is barely a dent in our 1 million $ daily market volume. It is a priority, the fear of a network attack in the near future is the main reason dogecoin's price is low at the moment. And the Asic will put doges in the hands of important members of our community, rather than multipools. There litteraly is no downside to that plan. Not to mention the 200 ASICs bought by the community from vAsic, bet quite a few of those will be pointed at Doge.
Even more, with this week's second batch
|
|
|
|
lynn_402
|
|
June 01, 2014, 04:31:40 PM |
|
Looking at the order book on cryptsy; once we pass 73 sat, there's barely any resistance until 92, and supports seems to be building strongly around 60. Eager to see how this will go.
|
|
|
|
mashac
|
|
June 01, 2014, 05:02:29 PM |
|
and you talk like adding another asics to farm doge is a good thing. Let's see what happens when the devs sells the doge you raised to USD to actually use that money. The way i see it, giving these devs bitcoins directly would have been better for the market prices. And you act like preventing a network attack is a top priority that you need to worry about right now, instead of dealing with the elephant in the room.
We have a winner for 'Troll without a clue' award.
|
|
|
|
lynn_402
|
|
June 01, 2014, 05:52:46 PM |
|
and you talk like adding another asics to farm doge is a good thing. Let's see what happens when the devs sells the doge you raised to USD to actually use that money. The way i see it, giving these devs bitcoins directly would have been better for the market prices. And you act like preventing a network attack is a top priority that you need to worry about right now, instead of dealing with the elephant in the room.
We have a winner for 'Troll without a clue' award. If he posts his address, let's all send him a handful of doges!
|
|
|
|
nicetry
Newbie
Offline
Activity: 56
Merit: 0
|
|
June 01, 2014, 05:52:53 PM Last edit: June 01, 2014, 06:45:19 PM by nicetry |
|
1500$ is barely a dent in our 1 million $ daily market volume. It is a priority, the fear of a network attack in the near future is the main reason dogecoin's price is low at the moment. And the Asic will put doges in the hands of important members of our community, rather than multipools. There litteraly is no downside to that plan.
I'm not sure whether you are supporting my statement or trying to refute yourself. You talk like $1500 is a big deal to prevent an attack, yet you just admitted $1500 is barely a dent. And you really think *fear of a network attack* is the reason doge is low? Of all the reasons doge is falling, you think *fear of a network attack* is the main reason? And no matter how many asics you put in the dev's hands, if they need the money, they have to exchange doge for USD, and in the process, what do you think will happen to doge price? Looking at the order book on cryptsy; once we pass 73 sat, there's barely any resistance until 92, and supports seems to be building strongly around 60. Eager to see how this will go.
You really don't know how the market works do you? You think your *resistance* are all on the order book? Funny guy. We have a winner for 'Troll without a clue' award. Haha, you guys got so much clue, who just lost 40% of their doge value in the last 2 weeks while trying to pump each other up on this forum? Denial is a powerful thing. I have to give you guys that. yes, please give me free doge, I'll sell them immediately and send you back the BTC, because I don't want to see you guys lose money anymore. And how am I trying to troll? If ANY kind of criticism on doge is trolling to you guys, then I guess i am a troll. But i'm trying to tell you how the market works. You want to keep living in your fantasy world, aka your parents' basement with all your doge posters and doge figurines, go right ahead. Ignorance is bliss apparently.
|
|
|
|
|
|
bluepixie
|
|
June 01, 2014, 07:41:27 PM |
|
Hope you guys got some doge under 60, we will never see that again. This is going to be GREAT!!!
|
silk: BGBAs75ApT81uGLQZN7qdzrUVj8DXiYscF piggy: pbDUdRPkhoxTGLmrXp4wuMgwoHbUfgrTW8
|
|
|
reynoles
Newbie
Offline
Activity: 59
Merit: 0
|
|
June 01, 2014, 08:21:12 PM |
|
let's to tha moon, shibes!! oh wait...
|
|
|
|
Hueristic
Legendary
Offline
Activity: 3962
Merit: 5383
Doomed to see the future and unable to prevent it
|
|
June 01, 2014, 09:14:54 PM |
|
i stopped caring about short time price months ago.. not worth the stress.
I would be stess free too with Noblecoins At least with Nobl you get the 20% and climbing sale on amazon. newegg and steam giftcards at thier marketplace!
|
“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
|
|
|
futile-resistance
|
|
June 01, 2014, 09:30:22 PM |
|
i stopped caring about short time price months ago.. not worth the stress.
I would be stess free too with Noblecoins At least with Nobl you get the 20% and climbing sale on amazon. newegg and steam giftcards at thier marketplace! Gift cards: https://www.egifter.com/dogecoin/https://pock.io/
|
|
|
|
Hueristic
Legendary
Offline
Activity: 3962
Merit: 5383
Doomed to see the future and unable to prevent it
|
|
June 01, 2014, 10:09:24 PM |
|
i stopped caring about short time price months ago.. not worth the stress.
I would be stess free too with Noblecoins At least with Nobl you get the 20% and climbing sale on amazon. newegg and steam giftcards at thier marketplace! Gift cards: https://www.egifter.com/dogecoin/https://pock.io/UMMM, 18% cheaper!!! 19% tomorrow. https://www.noblemovement.com/marketplace/
|
“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
|
|
|
futile-resistance
|
|
June 01, 2014, 10:39:46 PM Last edit: June 01, 2014, 11:02:51 PM by futile-resistance |
|
But, those cards are marked up 20% to begin with? A $25 steam wallet code on pock.io has a 0% markup, eGifter has no markup also but you get triple reward points for buying with dogecoin though. edit: Oh, prices changed, interesting. Now it's a good deal.
|
|
|
|
|