Making money on DOGE?

[sroberson]

Has anyone made any money either trading DOGE or mining it?  I've mined it over at Multipool.us and was, for awhile, auto-selling it, but I hear that soon the block will half and it'll be harder to mine a lot of coins and, therefore, the price should increase.  So, in their estimation if one has any DOGE, they should hold it for a few weeks until this happens.  Does anyone have any insight into this?  I'm not sure on the mechanics of a block halving, but that's what I was told.

Thanks,
Scott

[alivecrypto]

Yes that is true, few weeks the block reward will be half and price will rise up. Whoever mined abd sold directly they are selling so cheap. May be it will go 20-50 fold higher then recent price.

[El Cabron]

Yes that is true, few weeks the block reward will be half and price will rise up. Whoever mined abd sold directly they are selling so cheap. May be it will go 20-50 fold higher then recent price.

50 fold lol

[sniksen]

Yes that is true, few weeks the block reward will be half and price will rise up. Whoever mined abd sold directly they are selling so cheap. May be it will go 20-50 fold higher then recent price.

50 fold lol

What magic-math is behind this?

[Anttonii]

DOGE is right now in huge favor. It has quite a big fan base and it's rising and falling steadily. You could maybe make money of it.

[brokedummy]

I lost some money when it came out but I made a little back yesterday and I still have a little. I'm trying to get my miner working because it's hard to want to throw a lot of money at this at least my roommate will pay half the electric bill.

[bentmar]

THe thing with the block halving is that it will be the half amount of doges created/pay from what it is today, This will reduce inflation by 50% form what it is today, the coin will not likely 50 fold, but 2-3 fold no doubt. And after that its just up to the people backing it But still its a coin that reck 384billions ( I think), and that means the coin will most likely never reach a high value, I think it will stay around som hundreds satoshis.

[marko9812]

Lol 50 fold. It will definitely not increase by 50x

[damiano]

quit dreaming

10-20% increase at most (which isnt much)

[Imrerr]

Hi dudes.

[Chana]

im mining doge coin to.

[zmhaha]

Don't have much to say for the following few weeks. I am considering BTC and LTC are most stable ones atm.
For now, comparing to LTC, and if you look at the DOGE/BTC and DOGE/LTC profitability ratios you can certainly make more than mining LTC.

[alivecrypto]

THe thing with the block halving is that it will be the half amount of doges created/pay from what it is today, This will reduce inflation by 50% form what it is today, the coin will not likely 50 fold, but 2-3 fold no doubt. And after that its just up to the people backing it But still its a coin that reck 384billions ( I think), and that means the coin will most likely never reach a high value, I think it will stay around som hundreds satoshis.

If i am not wrong 2 Fold is already happened.
So 50 fold is not so hard and not so far but its just matters how far we crypto members will be alive supporting DOGs

[grany]

the diff is lof for now, bot is increasing...

[steyast012]

DOGE!!

[youater]

this is a good idea

[winston s.84]

In my opinion DOGE is like a lottery....

$50/$ 0.00037= I can be rich (build castles in the air - on)

Dreaming is free!!!! 

[ycsi]

DOGE's only value is in it's marketing machine, which is way better than most alt-coins.
But it's still not BTC or LTC.

[sniksen]

Calling it marketing is an insult towards marketing. It became viral because of an established.