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

[hotdk]

So you think doge should be worth over $5 billion?

That analysis is wrong on so many levels.

Doge will have a massive run and it will make new record highs but at best it will be worth about $1 billion.  Which for a totally inflated ShitCoin is unreal.

At $1 billion it would be a return of 100 fold from today's $10 million market-cap which would be a 10,000% increase or 2,500 Satoshi.

This is a best case scenario for Doge which would only happen if they're added to BitPay/Coinbase and their hedge fund backed marketing machine kicks into high gear and they significantly slow down their massive imfsltion rate.

Cheers!

You do realise $5 billion for a currency is, to use your term, shitcoin compared to conventional currencies which rank in the trillions of USD. That's not a target to hit, that's a minor stepping stone. Excellent progress for a 5 year old currency, but not by any means a destination. So, yes, any successful crytocurrency should be targeting substantially more than half the market cap of Snapchat [Suspicious link removed]j.com/articles/snapchat-fetches-10-billion-valuation-1409088794)

Do you see the news:"Citi: Miners and Merchants Are Keeping Bitcoin Prices Low"
That is what I worried for a long time.
People and company have no reason to keep Cryptocurrenc, if it's inflation higher than USD.
So reduce to 1 Billion new dogecoin every year could change this trend. Then the inflation is 1% lower than USD. Then comany could keep the cryptocurrenc, maybe bank could use cryptocurrenc for a loan later.

[blockjoe]

So you think doge should be worth over $5 billion?

That analysis is wrong on so many levels.

Doge will have a massive run and it will make new record highs but at best it will be worth about $1 billion.  Which for a totally inflated ShitCoin is unreal.

At $1 billion it would be a return of 100 fold from today's $10 million market-cap which would be a 10,000% increase or 2,500 Satoshi.

This is a best case scenario for Doge which would only happen if they're added to BitPay/Coinbase and their hedge fund backed marketing machine kicks into high gear and they significantly slow down their massive imfsltion rate.

Cheers!

You do realise $5 billion for a currency is, to use your term, shitcoin compared to conventional currencies which rank in the trillions of USD. That's not a target to hit, that's a minor stepping stone. Excellent progress for a 5 year old currency, but not by any means a destination. So, yes, any successful crytocurrency should be targeting substantially more than half the market cap of Snapchat [Suspicious link removed]j.com/articles/snapchat-fetches-10-billion-valuation-1409088794)

Do you see the news:"Citi: Miners and Merchants Are Keeping Bitcoin Prices Low"
That is what I worried for a long time.
People and company have no reason to keep Cryptocurrenc, if it's inflation higher than USD.
So reduce to 1 Billion new dogecoin every year could change this trend. Then the inflation is 1% lower than USD. Then comany could keep the cryptocurrenc, maybe bank could use cryptocurrenc for a loan later.

This is not the main issue we have. We had multipools, and a lot of miners that sold every coins they got, their only goal were to get BTC. This behavior decreases alternate coins value. We had hundred of useless coins, this had a maximum dilution effect; and all the scams around IPO/ICO, pump and dump scheme etc...

For a coin to get value we need investors, and to have investors we need trust. The previous behavior kills the trust. It will take time to recover.

[hotdk]

So you think doge should be worth over $5 billion?

That analysis is wrong on so many levels.

Doge will have a massive run and it will make new record highs but at best it will be worth about $1 billion.  Which for a totally inflated ShitCoin is unreal.

At $1 billion it would be a return of 100 fold from today's $10 million market-cap which would be a 10,000% increase or 2,500 Satoshi.

This is a best case scenario for Doge which would only happen if they're added to BitPay/Coinbase and their hedge fund backed marketing machine kicks into high gear and they significantly slow down their massive imfsltion rate.

Cheers!

You do realise $5 billion for a currency is, to use your term, shitcoin compared to conventional currencies which rank in the trillions of USD. That's not a target to hit, that's a minor stepping stone. Excellent progress for a 5 year old currency, but not by any means a destination. So, yes, any successful crytocurrency should be targeting substantially more than half the market cap of Snapchat [Suspicious link removed]j.com/articles/snapchat-fetches-10-billion-valuation-1409088794)

Do you see the news:"Citi: Miners and Merchants Are Keeping Bitcoin Prices Low"
That is what I worried for a long time.
People and company have no reason to keep Cryptocurrenc, if it's inflation higher than USD.
So reduce to 1 Billion new dogecoin every year could change this trend. Then the inflation is 1% lower than USD. Then comany could keep the cryptocurrenc, maybe bank could use cryptocurrenc for a loan later.

This is not the main issue we have. We had multipools, and a lot of miners that sold every coins they got, their only goal were to get BTC. This behavior decreases alternate coins value. We had hundred of useless coins, this had a maximum dilution effect; and all the scams around IPO/ICO, pump and dump scheme etc...

For a coin to get value we need investors, and to have investors we need trust. The previous behavior kills the trust. It will take time to recover.

That is why I said dogecoin need to reduce to 1 Billion new coin every year. Reduce the influnce of the miner. 1% inflation every year (lower a little every year) means it's inflation lower than USD like precious metals(gold mined out every year but not too much). When company hold and trade with other companys and customers use cryptocurrenc, that change everything. Bank will be join in for loan use cryptocurrenc too. Then it will change the world. Make it better than USD is the frist step.

[tins]

So you think doge should be worth over $5 billion?

That analysis is wrong on so many levels.

Doge will have a massive run and it will make new record highs but at best it will be worth about $1 billion.  Which for a totally inflated ShitCoin is unreal.

At $1 billion it would be a return of 100 fold from today's $10 million market-cap which would be a 10,000% increase or 2,500 Satoshi.

This is a best case scenario for Doge which would only happen if they're added to BitPay/Coinbase and their hedge fund backed marketing machine kicks into high gear and they significantly slow down their massive imfsltion rate.

Cheers!

You do realise $5 billion for a currency is, to use your term, shitcoin compared to conventional currencies which rank in the trillions of USD. That's not a target to hit, that's a minor stepping stone. Excellent progress for a 5 year old currency, but not by any means a destination. So, yes, any successful crytocurrency should be targeting substantially more than half the market cap of Snapchat [Suspicious link removed]j.com/articles/snapchat-fetches-10-billion-valuation-1409088794)

Do you see the news:"Citi: Miners and Merchants Are Keeping Bitcoin Prices Low"
That is what I worried for a long time.
People and company have no reason to keep Cryptocurrenc, if it's inflation higher than USD.
So reduce to 1 Billion new dogecoin every year could change this trend. Then the inflation is 1% lower than USD. Then comany could keep the cryptocurrenc, maybe bank could use cryptocurrenc for a loan later.

This is not the main issue we have. We had multipools, and a lot of miners that sold every coins they got, their only goal were to get BTC. This behavior decreases alternate coins value. We had hundred of useless coins, this had a maximum dilution effect; and all the scams around IPO/ICO, pump and dump scheme etc...

For a coin to get value we need investors, and to have investors we need trust. The previous behavior kills the trust. It will take time to recover.

That is why I said dogecoin need to reduce to 1 Billion new coin every year. Reduce the influnce of the miner. 1% inflation every year (lower a little every year) means it's inflation lower than USD like precious metals. If company hold and trade with other use cryptocurrenc, that change everything. Bank will be join in for loan with cryptocurrenc too. So make it better than USD is the frist step.

If Devs care or are listening...I'd also be in favor of lowering the inflation to 1B coins/year.

[FreeTrade]

Maybe you've seen a new coin LottoShares rocketing up the coin market cap charts. They're now worth in the region of 30 cents each.

Top tip: If you held DOGE on May 22nd - you already have 80 LTS. That's $24 for free!

You can claim it, play with it, sell it - whatever you like.

From the website -

Dogecoin (20%)

20% of the shares were distributed to Dogecoin users The top 250,000 Dogecoin addresses at Block 232,000 received 80 LTS in the genesis block. If you held more than 500DOGE at a single address on 22nd May, 2014 you have 80 LTS. These shares can be used or traded immediately.

Link: http://forum.lottoshares.org/topic/12/how-to-claim-your-lts

ANN: https://bitcointalk.org/index.php?topic=694341

Reddit: http://www.reddit.com/r/dogecoin/comments/2esolx/24_if_you_held_doge_on_may_22nd/

[mstrongbow]

Maybe you've seen a new coin LottoShares rocketing up the coin market cap charts. They're now worth in the region of 30 cents each.

Top tip: If you held DOGE on May 22nd - you already have 80 LTS. That's $24 for free!

You can claim it, play with it, sell it - whatever you like.

From the website -

Dogecoin (20%)

20% of the shares were distributed to Dogecoin users The top 250,000 Dogecoin addresses at Block 232,000 received 80 LTS in the genesis block. If you held more than 500DOGE at a single address on 22nd May, 2014 you have 80 LTS. These shares can be used or traded immediately.

Link: http://forum.lottoshares.org/topic/12/how-to-claim-your-lts

ANN: https://bitcointalk.org/index.php?topic=694341

Reddit: http://www.reddit.com/r/dogecoin/comments/2esolx/24_if_you_held_doge_on_may_22nd/

Nice! Just saw my 80 LTS linked to my address, super cool.

[mashac]

Yet to see an intellegent argument against Dogecoin here. All we can see here is some stupid people with pure hate for Dogecoin. If you can't see dogecoin is gonna have massive growth within 1 year, you guys are just dumb.  

[coin3]

any good news next week?

[pawel7777]

Yet to see an intellegent argument against Dogecoin here. All we can see here is some stupid people with pure hate for Dogecoin. If you can't see dogecoin is gonna have massive growth within 1 year, you guys are just dumb.  

Any "intellegent argument" to support your prediction?  

[tanghouzhu]

I got 240 LTS from importprivkey into LTS wallet

[ciprian220]

I want lotoshares but i don't have any doge in wallet now anyone help my? D8tNxnEkpqwaXpdEEUFykuY2qgHuyNCxZn

[rnicoll]

any good news next week?

Well the 1.8 fork is going really well so far, with 43.5% of nodes updated within 4 days of the release, and ~two weeks to go. That gives us AuxPoW so we're not conflicting with Litecoin for Scrypt hashrate.

Oh, and proper integration with Twitch is nearly here (finally): http://dcmagnates.com/dogetipbot-coming-to-twitch-brings-dogecoin-tipping-55-million-viewers/

[naaktslak]

any good news next week?

Well the 1.8 fork is going really well so far, with 43.5% of nodes updated within 4 days of the release, and ~two weeks to go. That gives us AuxPoW so we're not conflicting with Litecoin for Scrypt hashrate.

Oh, and proper integration with Twitch is nearly here (finally): http://dcmagnates.com/dogetipbot-coming-to-twitch-brings-dogecoin-tipping-55-million-viewers/

When is doge mining going to be merged with litecoin?

[rnicoll]

When is doge mining going to be merged with litecoin?

That's the AuxPoW I was referring to, it's set to enable at block 371,337. Our blocktimes are a little unpredictable (and that's one of the things merged will help with), but at the moment we're looking around September 12th, maybe a little earlier.

[tanghouzhu]

I want lotoshares but i don't have any doge in wallet now anyone help my? D8tNxnEkpqwaXpdEEUFykuY2qgHuyNCxZn

I has nothing to do with how much doge you have in your wallet now.

[ciprian220]

I want lotoshares but i don't have any doge in wallet now anyone help my? D8tNxnEkpqwaXpdEEUFykuY2qgHuyNCxZn

I has nothing to do with how much doge you have in your wallet now.

Ok...but how i can receive 80 LTS?

[robao]

Pesetacoin.info community welcomes DOGE in merged mining.

We are from the 8th of January in merged mining.

Greetings.

[lynn_402]

I want lotoshares but i don't have any doge in wallet now anyone help my? D8tNxnEkpqwaXpdEEUFykuY2qgHuyNCxZn

I has nothing to do with how much doge you have in your wallet now.

Ok...but how i can receive 80 LTS?

Did you have more than 500 doges in your wallet on May 22?

[ciprian220]

I want lotoshares but i don't have any doge in wallet now anyone help my? D8tNxnEkpqwaXpdEEUFykuY2qgHuyNCxZn

I has nothing to do with how much doge you have in your wallet now.

Ok...but how i can receive 80 LTS?

Did you have more than 500 doges in your wallet on May 22?

ohh not ....my 10 000 Dogecoin lost in online wallet because hacking  

Any chance for price increase in this year?

I want investing 200$ in Dogecoin but i am in doubt

Sorry for my english  

[naaktslak]

When is doge mining going to be merged with litecoin?

That's the AuxPoW I was referring to, it's set to enable at block 371,337. Our blocktimes are a little unpredictable (and that's one of the things merged will help with), but at the moment we're looking around September 12th, maybe a little earlier.

thx. you are a dev?