CryptoSkills
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Activity: 126
Merit: 100
BitCoin, webdesign and coding.
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August 13, 2014, 11:08:54 AM |
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the price is constantly going down
do you guys think this coin will raise?
any future for this coin?
The ones holding the coins will say it will go up , the ones not will say it will go down. As for the future , when BFL delivers my crystal globe I will tell you.. Never and never trade or invest according to what people post here. Dogecoin had his life longer than expected. Btw with the massive amount of new coins everyday many of his investors changed market where invest. Now it's quite clear.
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Skoupi
Sr. Member
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Activity: 252
Merit: 250
Skoupi the Great
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August 13, 2014, 11:16:27 AM |
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Anyone that can give me a brief explanation about what happened to doge?
Some months ago 9 out of 10 threads in this forum were about doge... Has it completed the pump and dump cycle or is it something else... It's a shame if it is dead because although i 'm not into alt coins the community of this one was standing above the rest...
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devphp
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August 13, 2014, 11:20:28 AM |
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Yes , but that has been already taken into account by the markets.People always talk about the 21mils bitcoin not about the current mined ones.
But miners sell coins each day nonetheless, 3600 new Bitcoins are mined each day, that's a lot of selling pressure, so we can't really say the markets have already taken 21 million into account. The market is in sort of equilibrium now, bouncing in the 550-650 range, but it's going to take a lot more capital injections to move it higher. As for Doge - there are reasons to believe it has finally hit its rock bottom and the downside is limited (20 satoshi might be the lowest low), it only takes very few bitcoins to support daily production of doges and that number will be going down quickly, to a negligible amount. Anyone that can give me a brief explanation about what happened to doge?
Some months ago 9 out of 10 threads in this forum were about doge... Has it completed the pump and dump cycle or is it something else... It's a shame if it is dead because although i 'm not into alt coins the community of this one was standing above the rest...
It's not dead, developers are quite active building some infrastructure around it. Doge quickened the inflation period and naturally hit the bottom of price correction faster than other coins (Litecoin closely following). All cryptos are pump-n-dumps and some go thru pump-n-dumps a few times in their lifetime. What matters is which of them rise after dumps and which go to oblivion.
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Bitcoin Machine
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August 13, 2014, 12:43:43 PM |
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Yes , but that has been already taken into account by the markets.People always talk about the 21mils bitcoin not about the current mined ones.
But miners sell coins each day nonetheless, 3600 new Bitcoins are mined each day, that's a lot of selling pressure, so we can't really say the markets have already taken 21 million into account. The market is in sort of equilibrium now, bouncing in the 550-650 range, but it's going to take a lot more capital injections to move it higher. As for Doge - there are reasons to believe it has finally hit its rock bottom and the downside is limited (20 satoshi might be the lowest low), it only takes very few bitcoins to support daily production of doges and that number will be going down quickly, to a negligible amount. Anyone that can give me a brief explanation about what happened to doge?
Some months ago 9 out of 10 threads in this forum were about doge... Has it completed the pump and dump cycle or is it something else... It's a shame if it is dead because although i 'm not into alt coins the community of this one was standing above the rest...
It's not dead, developers are quite active building some infrastructure around it. Doge quickened the inflation period and naturally hit the bottom of price correction faster than other coins (Litecoin closely following). All cryptos are pump-n-dumps and some go thru pump-n-dumps a few times in their lifetime. What matters is which of them rise after dumps and which go to oblivion. +1 LOL... Dogecoin is hardly dead. It still has the most active & diversified altcoin communities. People on Bitcointalk don't seem to get. Probably because they are too serious about numbers, charts and making money. I support both Bitcoin & Dogecoin because they both have important rolls to play inside & out the Crypto-community world.
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futile-resistance
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August 13, 2014, 03:23:30 PM |
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Dogeparty launched.
122 Million Doge burned so far.
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juicejoyce
Legendary
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Activity: 882
Merit: 1001
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August 13, 2014, 03:42:57 PM |
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Dogeparty launched.
122 Million Doge burned so far.
interesting ,have tried some doge.
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oveeps
Newbie
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Activity: 33
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August 13, 2014, 04:20:48 PM |
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futile-resistance
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August 13, 2014, 05:47:27 PM |
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Half a Billion Doge burned so far. It started, what, 2 hours ago?
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georgem
Legendary
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Activity: 1484
Merit: 1007
spreadcoin.info
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August 13, 2014, 07:50:42 PM |
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The Declaration Of Bitcoin's Independence (Click pic to go to youtube video) Please share!
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blade87
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August 14, 2014, 12:23:24 AM |
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I warned everyone that an inflationary coin has no future but at that time hundreds of shibes with much economics insight claimed the opposite. Amazing how this turned out. Wow.
Well, it might have a future again soon with inflation being out of the picture, along with low price and overall cap giving it the "potential" to go up again. I think it will. DOGE has brand recognition and got too big to not make another run again, imo. But right now the entire crypto market is looking bad, and as long as BTC is heading down, it's going to further pull coins like DOGE and LTC down with it. But, if history does repeat itself, the next bottom will be the time to go all in on crypto (whatever you can afford to lose). Either we lose it at all after that or be very happy a few months later.
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hotdk
Newbie
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Activity: 27
Merit: 0
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August 14, 2014, 03:26:13 AM |
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I warned everyone that an inflationary coin has no future but at that time hundreds of shibes with much economics insight claimed the opposite. Amazing how this turned out. Wow.
Well, it might have a future again soon with inflation being out of the picture, along with low price and overall cap giving it the "potential" to go up again. I think it will. DOGE has brand recognition and got too big to not make another run again, imo. But right now the entire crypto market is looking bad, and as long as BTC is heading down, it's going to further pull coins like DOGE and LTC down with it. But, if history does repeat itself, the next bottom will be the time to go all in on crypto (whatever you can afford to lose). Either we lose it at all after that or be very happy a few months later. Inflationary is not a problem,but too big inflationary is a big problem. The inflationary must be lower than USD ASAP. You must treat people as a Economic man but not a fool. Right now Dogecoin can't be used to shopping. Shopping more, kill dogecoin more. It is history chance. if it passed, you can't get the chance back.
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BayAreaCoins
Legendary
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Activity: 3920
Merit: 1248
Owner at AltQuick.com
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August 14, 2014, 03:40:58 AM |
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I warned everyone that an inflationary coin has no future but at that time hundreds of shibes with much economics insight claimed the opposite. Amazing how this turned out. Wow.
Well, it might have a future again soon with inflation being out of the picture, along with low price and overall cap giving it the "potential" to go up again. I think it will. DOGE has brand recognition and got too big to not make another run again, imo. But right now the entire crypto market is looking bad, and as long as BTC is heading down, it's going to further pull coins like DOGE and LTC down with it. But, if history does repeat itself, the next bottom will be the time to go all in on crypto (whatever you can afford to lose). Either we lose it at all after that or be very happy a few months later. Inflationary is not a problem,but too big inflationary is a big problem. The inflationary must be lower than USD ASAP. You must treat people as a Economic man but not a fool. Right now Dogecoin can't be used to shopping. Shopping more, kill dogecoin more. It is history chance. if it passed, you can't get the chance back. Any inflation is a problem. Burn n burn, but there will be moar n moar. You can't build a layer on top of a flaw layer and not expect it to not be flawed too.
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Bit_Happy
Legendary
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Activity: 2114
Merit: 1040
A Great Time to Start Something!
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August 14, 2014, 06:45:28 AM |
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This is huge news?Dogecoin's logo can now be used as an icon for Facebook groups! There's only about 50 to choose from, so that's quite surprising. I'm not a big fan of Facebook, but this seems amazing. They are gearing up to use DOGE throughout all of Facebook?
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BayAreaCoins
Legendary
Offline
Activity: 3920
Merit: 1248
Owner at AltQuick.com
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August 14, 2014, 07:30:06 AM |
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This is huge news?Dogecoin's logo can now be used as an icon for Facebook groups! There's only about 50 to choose from, so that's quite surprising. I'm not a big fan of Facebook, but this seems amazing. They are gearing up to use DOGE throughout all of Facebook? Twins got Bitcoin and Mark gets Dogecoin.... Edit: surely not lol
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lynn_402
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August 14, 2014, 02:06:17 PM |
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This is huge news?Dogecoin's logo can now be used as an icon for Facebook groups! There's only about 50 to choose from, so that's quite surprising. I'm not a big fan of Facebook, but this seems amazing. They are gearing up to use DOGE throughout all of Facebook? This is most likely a developper who happened to be a fan of Dogecoin and thought that cryptocurrencies groups ought to have a fitting logo
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ShameOnYou
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August 14, 2014, 02:10:20 PM |
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DogeParty seems interesting, will have to look more into it.
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lynn_402
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August 14, 2014, 02:18:15 PM |
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DogeParty seems interesting, will have to look more into it.
It's a great concept, but burning doges for that might not be a good idea for the user though. More than 820 million dogecoins have been burned already, which is almost 1% of the total supply. The burned coins have created enough XDP to create more than 2 million sets of DogeParty tokens. I don't think any more is needed.
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futile-resistance
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August 14, 2014, 03:14:29 PM |
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DogeParty seems interesting, will have to look more into it.
It's a great concept, but burning doges for that might not be a good idea for the user though. More than 820 million dogecoins have been burned already, which is almost 1% of the total supply. The burned coins have created enough XDP to create more than 2 million sets of DogeParty tokens. I don't think any more is needed. Counterparty has had 2,539 assets created. After a single day Dogeparty has had 2,928 assets created, which is kind of hilarious.
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devphp
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August 14, 2014, 03:16:47 PM |
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Counterparty has had 2,539 assets created. After a single day Dogeparty has had 2,928 assets created, which is kind of hilarious.
Yeah, compare it with only 223 assets created in NXT, because it costs 1000 NXTs (~$35 at current price), and in Dogeparty it costs $0.08 Not sure how much it costs in Counterparty, but probably no more than a couple of dollars.
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