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

[nicetry]

nicetray ist talking: shit..and  shit  and even more shit....  and we dont care! :-)

it's ok, you dont have to face reality until reality smacks you in the face

The hashrate droping makes it easier for someone to attack the netwok. I don't know how accurate https://dogechain.info is, but it's stats show that the major multipools have the biggest hashrate. This doesn't seem reassuring to me at all.

stop worrying about 51% attack and start worrying about price.  why would a multipool attack a coin it's mining and thereby making it worthless when everyone flees? 

[lynn_402]

Doge's hashrate is at 60% of what it was before the last halvening; which is quite comforting if we consider that the price is at 40% of what it was and miners are paid half of what they had before.

Is it time to stop the fear of 51% attacks?

The hashrate droping makes it easier for someone to attack the netwok. I don't know how accurate https://dogechain.info is, but it's stats show that the major multipools have the biggest hashrate. This doesn't seem reassuring to me at all.

Yes it dropped, but considering the price drop and the block reward halving, the hashrate should be at 25% of what it is right now.
45gh/s is a strong hashrate, and since GAW and Zeus are shipping boatloads of very efficient miners (who would be profitable even after the halvings and even if the coin's value drops), I don't expect our hashrate to ever be much lower than now.

[alani123]

stop worrying about 51% attack and start worrying about price.  why would a multipool attack a coin it's mining and thereby making it worthless when everyone flees? 

I know a 51% attack on dogecoin is not likely to happen. It's just that I wanted to point out some facts. As of the price, there's only one way up there.

[nicetry]

I know a 51% attack on dogecoin is not likely to happen. It's just that I wanted to point out some facts. As of the price, there's only one way up there.

Obviously there is only one way up, and there is also only one way down.

[eltortugaloco]

The first Dogecoin bubble is still slowly deflating, will there be a second? http://www.usacryptocoins.com/thecryptocurrencytimes/uncategorized/the-slow-implosion-of-the-first-dogecoin-bubble-will-there-be-a-second/

[nicetry]

The first Dogecoin bubble is still slowly deflating, will there be a second? http://www.usacryptocoins.com/thecryptocurrencytimes/uncategorized/the-slow-implosion-of-the-first-dogecoin-bubble-will-there-be-a-second/

a small rally isn't out of the picture but a big rally is unlikely.  A few months ago a big rally is easier because there aren't as many coins out there, but now with the amount of coins out there, every single sat rise means the market cap will rise quite a bit more than when back in feb.

[Bit_Happy]

There will be a huge % rally (there always is, in an actively traded market, after such a big drop) the only question is where the rally starts from?

[nicetry]

There will be a huge % rally (there always is, in an actively traded market, after such a big drop) the only question is where the rally starts from?

38 to 300 of course!

lol

Anyways, you are completely wrong again.  In an actively, liquid, and MATURE market with small spread such as doge/usd, it is rather difficult to have a huge rally, because you have so many factors working as resistance, such as selling for profit taking, liquidation from miners, and any kind of rally will be followed by a fast fall.

[doge_speculator]

There will be a huge % rally (there always is, in an actively traded market, after such a big drop) the only question is where the rally starts from?

38 to 300 of course!

lol

Anyways, you are completely wrong again.  In an actively, liquid, and MATURE market with small spread such as doge/usd, it is rather difficult to have a huge rally, because you have so many factors working as resistance, such as selling for profit taking, liquidation from miners, and any kind of rally will be followed by a fast fall.

When you said that doge/usd is a "mature market" with "small spreads" you kinda gave yourself away as not knowing what the fuck you're talking about especially in regards to trading and markets. Last time I checked no cryptocurrency market was even close to being considered mature as far as markets go and it's just laughable to think that the dogecoin market would be considered mature. Where are the options and futures? Where is the margin trading? Where can I borrow doge to short sell? Oh right actually I can still make 2 percent at any given moment just by buying and selling the same amount inter-exchange cause there aren't even sophisticated algos trading the market yet. It's in its infancy. As far as small spreads go... clearly you've never traded forex. the spread on doge is regularly 1500+ basis points on the highest volume exchanges. that's fucking enormous kid. go trade forex or futures or penny stocks or anything else and youll realize that doge has a "large spread".

You should probably stop talking about things you don't understand because it makes you look dumb.

[nicetry]

There will be a huge % rally (there always is, in an actively traded market, after such a big drop) the only question is where the rally starts from?

38 to 300 of course!

lol

Anyways, you are completely wrong again.  In an actively, liquid, and MATURE market with small spread such as doge/usd, it is rather difficult to have a huge rally, because you have so many factors working as resistance, such as selling for profit taking, liquidation from miners, and any kind of rally will be followed by a fast fall.

When you said that doge/usd is a "mature market" with "small spreads" you kinda gave yourself away as not knowing what the fuck you're talking about especially in regards to trading and markets. Last time I checked no cryptocurrency market was even close to being considered mature as far as markets go and it's just laughable to think that the dogecoin market would be considered mature. Where are the options and futures? Where is the margin trading? Where can I borrow doge to short sell? Oh right actually I can still make 2 percent at any given moment just by buying and selling the same amount inter-exchange cause there aren't even sophisticated algos trading the market yet. It's in its infancy. As far as small spreads go... clearly you've never traded forex. the spread on doge is regularly 1500+ basis points on the highest volume exchanges. that's fucking enormous kid. go trade forex or futures or penny stocks or anything else and youll realize that doge has a "large spread".

You should probably stop talking about things you don't understand because it makes you look dumb.

HAHAHAHAH, in the crypto worlds when coins can collapse within a couple of months, a coin that has lasted half a year and has 80% of its 100 billion initial coins mined, I think that is a pretty mature market.  

High volume market has 1500+ basis point spread? HAHAHAHA, do you EVEN KNOW WHAT A BASIS POINT IS?  1500 BASIS POINT is 15%, you are saying a HIGH VOLUME market has 15%+ spread on DOGE (i love that extra plus sign by the way, leaves alot of room for even more exaggeration or fabrication)?  LOL.

SHOW ME ONE HIGH VOLUME EXCHANGE FOR DOGE THAT GOT 15% SPREAD, LOL

Man, what an ENORMOUS poser who pretends he knows a thing or two about trading.  just because you know the words like margin and forex doesn't mean you can fool anyone around here.  LOL

And why the rage and the cussing?  Someone is mad that the dogecoin speculation hasn't worked out that well?  I'll give it to you though, you sound a lot more in touch with reality than most of the people on this thread, well, except your 1500+ basis points on a high volume market.  That's just gold, GOLD.  

Good luck with your speculation by the way, and if an exchange lets people short doge on margin someday ( i guess that's when doge market matures in your eyes), let me know cuz i would sure like to short it, even at 10% borrower's fee. LOL

Yea maybe someone really should stop talking about things that he doesn't understand because it makes him look dumb. HAHAHAHHA, why dont you go back to your imaginary forex world, i think this 1500+ basis point doge world might not be so good for you.

[Bit_Happy]

Trolling the Doge thread again, don't you have anything better to do?

There will be a huge % rally (there always is, in an actively traded market, after such a big drop) the only question is where the rally starts from?

38 to 300 of course!

lol...

~38 to 300 is a historical fact, not my prediction.
Attention to detail is important and you have proven that you are needing to improve soon.
Nice try, nicetry....

[nicetry]

~38 to 300 is a historical fact, not my prediction.
Attention to detail is important and you have proven that you are needing to improve soon.
Nice try, nicetry....

Then why are you using your *historical fact* to predict the future?  You were the one that brought up the 38-300 rallies to support your arguments, implying that they are going to happen again.

What makes you think this will happen again based on recent trends?  If you are so into history of dogecoin, find another period that doge has fallen in a slow but steady pattern for 4 straight months.  Oh wait...you can't.  

Just because it happened once doesn't mean it will happen again, especially in this market condition, so don't even try to bring your *historical facts* into your argument that doge will somehow have a miraculous rally again, because it is exactly what it is - history.  Nice try, nice try....


like I said, i'm not precluding the possibility that doge will rally for a little bit, but any kind of rally will followed by an equally severe fall.  To the moon doge is not.

[tema]

 Just read http://www.cryptocoinsnews.com/news/facebook-approves-dogecoin-tipping-app/2014/06/06

[Bit_Happy]

...Just because it happened once doesn't mean it will happen again....

Every time DOGE has had a large drop, it has always been followed by a huge % gain.  ...eventually, you will see it happen. 

[lynn_402]

...Just because it happened once doesn't mean it will happen again....

Every time DOGE has had a large drop, it has always been followed by a huge % gain.  ...eventually, you will see it happen. 

Yeah, just last week it went from 53 to 70 in a few minutes. The best lesson we can learn from history is that history always repeats itself

[Bit_Happy]

...Just because it happened once doesn't mean it will happen again....

Every time DOGE has had a large drop, it has always been followed by a huge % gain.  ...eventually, you will see it happen. 

Yeah, just last week it went from 53 to 70 in a few minutes. The best lesson we can learn from history is that history always repeats itself

~32% in a few minutes, and that is just a start. Some "coins" slowly drift down and never have a decent rally, but DOGE has an established pattern of being great for trading (if you manage your money well)
Also, the community has an excellent track record, which includes massive TV exposure for DOGEcoin.
Maybe our troll is trying to rescue us from having too much fun? 

[lynn_402]

~32% in a few minutes, and that is just a start. Some "coins" slowly drift down and never have a decent rally, but DOGE has an established pattern of being great for trading (if you manage your money well)
Also, the community has an excellent track record, which includes massive TV exposure for DOGEcoin.
Maybe our troll is trying to rescue us from having too much fun?  

He wants all the fun for himself, the sneaky greedy rascal!

By the way, there was an article yesterday about Onarbor, a Dogecoin-related service which allows fundraising for various scientific projects, on blog Wired Campus: http://chronicle.com/blogs/wiredcampus/frustrated-scholar-creates-new-route-for-funding-and-publishing-academic-work/53073

[ozzke]

Just got another big payout from the Dogecoin Multipool for x11. Going very well
At the moment you will get around 2100 Doge per MH per day on the multipool.

[nicetry]

Every time DOGE has had a large drop, it has always been followed by a huge % gain.  ...eventually, you will see it happen.  

Yeah, just last week it went from 53 to 70 in a few minutes. The best lesson we can learn from history is that history always repeats itself

like I said, i'm not precluding the possibility that doge will rally for a little bit, but any kind of rally will followed by an equally severe fall.  To the moon doge is not.

Where is your big 70 doge now exactly?  Did you even bother to read what I typed?  Your big 70 disappeared in less than 3 days, you call that a rally?  I sure hope you sold some doge during this time.  

Attention to detail is important and you have proven that you are needing to improve son.
Nice try, nicetry....

^ what he said.

[lynn_402]

New update for Dogetipbot! http://dogetipbot.wordpress.com/2014/06/06/the-update-you-werent-expecting/

It will allow cross-platform instant tipping, and is transparent: we'll be able to, at any moment, see how much is tipped in any of the platform, and all the transfers will be visible.