r0ach (OP)
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January 17, 2014, 07:39:10 AM Last edit: January 20, 2014, 09:58:44 AM by r0ach |
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Every day dozens of people stare at their computer screen yelling, "I hate you you stupid Doge, why does your price keep going up". They spent 3 months in the basement making their Quark or NXT IPO scam and now they're pissed they haven't made enough money to flee to Costa Rica. You know why Doge will succeed? Because people want Doge to succeed. Nobody gives a flying crap about Litecoins. Litecoins are backed by nothing. Dogecoins are backed by Doges. Stop having a boring Litecoin, stop having a boring life. You think some drug dealer selling a kilo of cocaine is going to sit around trying to figure out Sunny "The Tax Man" King's bizarre system of proof of stake that not even the Bitcoin developers themselves can comprehend? Hell no. I've always hated multipools. I looked at Hashcows today. They mined Dogecoin for almost an entire hour, no wait, they didn't mine a damn thing because Doge's 40 gigahash network was TOO POWERFUL for their measily 1 gigahash pool to get a single cent from it. Not only is Dogecoin the preferred payment method of criminals, Doge is TOO STRONG for multipools. It was like watching someone try to pry a gold bar from the hands of Ben Shalom Bernanke. You can go on the internet right now and go buy furniture with Dogecoins off somewhere in the UK. What am I supposed to do with Digitalcoin? Can I even buy beef jerkey with this??? ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FoJdyzZx.jpg&t=665&c=Q-GEuO8FZ90uIw) *disclaimer - Yes, I recently have purchased $100,000 dogecoin on margin loan
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dogedealer
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February 13, 2014, 02:50:20 AM |
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top lel
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hostmaster
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February 13, 2014, 02:51:17 AM |
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DOGE tO DA MOON
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DieJohnny
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February 13, 2014, 02:53:26 AM |
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Yip Yip
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Those who hold and those who are without property have ever formed distinct interests in society
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anderl
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February 13, 2014, 03:00:20 AM |
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And this is pretty much the reason I can't take dogecoin seriously as a financial instrument and it pretty much equates to a bubble.
doge investors keep telling others to believe in doge and only report on how big the bubble is getting and not the growth in doge's utility.
I mined a lot of doge in the beginning (about 400 mil) just like IFC (4 bill) but at least the ifc community is taking itself seriously. doge doesn't and the community only cares about getting new people in to buy more to lift the price, instead the network. eventually, without utility, bubbles burst.
I guess its time to start my exit strategy on doge. Its been fun watching the hilarity.
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username here
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February 13, 2014, 03:01:43 AM |
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*disclaimer - Yes, I recently have purchased $100,000 dogecoin on margin loan
/r/thathappened. $100,000%
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Remember remember the 5th of November
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Reverse engineer from time to time
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February 13, 2014, 03:04:33 AM |
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And this is pretty much the reason I can't take dogecoin seriously as a financial instrument and it pretty much equates to a bubble.
doge investors keep telling others to believe in doge and only report on how big the bubble is getting and not the growth in doge's utility.
I mined a lot of doge in the beginning (about 400 mil) just like IFC (4 bill) but at least the ifc community is taking itself seriously. doge doesn't and the community only cares about getting new people in to buy more to lift the price, instead the network. eventually, without utility, bubbles burst.
I guess its time to start my exit strategy on doge. Its been fun watching the hilarity.
Strategy is something you apply to war or even a PC game. Selling your 400 mill is hardly a strategy, it's something even a 5 year old can do.
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BTC:1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2
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Spoetnik
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FUD Philanthropist™
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February 13, 2014, 03:10:45 AM |
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And this is pretty much the reason I can't take dogecoin seriously as a financial instrument and it pretty much equates to a bubble.
doge investors keep telling others to believe in doge and only report on how big the bubble is getting and not the growth in doge's utility.
I mined a lot of doge in the beginning (about 400 mil) just like IFC (4 bill) but at least the ifc community is taking itself seriously. doge doesn't and the community only cares about getting new people in to buy more to lift the price, instead the network. eventually, without utility, bubbles burst.
I guess its time to start my exit strategy on doge. Its been fun watching the hilarity.
sensible and rational and like i have said lots before.. once its been added to an exchange then yeah make your money and get out when you think the time is right. but lets be honest about about what we're doing.. I think these Doge fanboys are either A: delusional and dumb or B: deceitful and manipulative. Either way it's not good ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) When mining becomes unprofitable your so called community will disintegrate i can assure you.. and i am buying.. buying i told you so for later ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) PS: your lite coin babble op is false by the way.
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FUD first & ask questions later™
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BitCoinPokerBro
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February 13, 2014, 03:20:12 AM |
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Not only is Dogecoin the preferred payment method of criminals
Dogecoin, Roach, Criminals hmmm ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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anderl
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February 13, 2014, 03:26:51 AM |
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And this is pretty much the reason I can't take dogecoin seriously as a financial instrument and it pretty much equates to a bubble.
doge investors keep telling others to believe in doge and only report on how big the bubble is getting and not the growth in doge's utility.
I mined a lot of doge in the beginning (about 400 mil) just like IFC (4 bill) but at least the ifc community is taking itself seriously. doge doesn't and the community only cares about getting new people in to buy more to lift the price, instead the network. eventually, without utility, bubbles burst.
I guess its time to start my exit strategy on doge. Its been fun watching the hilarity.
Strategy is something you apply to war or even a PC game. Selling your 400 mill is hardly a strategy, it's something even a 5 year old can do. The strategy is much more than just what I do with doge coin. The strategy is how I treat all cryptos. I maximize early mining of all coins. Based on the coin configuration I determine how much I mine it for and how long I keep it. I had a lot of coins where the networks failed and the coins are lost (wanted electricity) But the return on the ones that were successful have dwarfed the lost electricity. IFC was interesting because it was a quiet grower and one of the first that was doing fast block reward halving. It was the proof that paved the way for DOGE. DOGE grew very fast and was a great ride. I think the reward halving was a major target but after that? What is next? It needs more utility. So I expect a huge dive as miners redistribute rigs to other coins of equal profitability. Lower hash rate means lower prices. Since price on DOGE has rode up on the reward halving speculation I am using it as a selling opportunity for 2/3 of my DOGE. I'll keep some for the long haul though. We'll see what happens.
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DieJohnny
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February 13, 2014, 03:32:17 AM |
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OP i have read your post a dozen times, much funny, many laughs!!!!
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Those who hold and those who are without property have ever formed distinct interests in society
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backtrackit
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February 13, 2014, 03:45:50 AM |
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anybody know a good doge pool to mine on, one that don't scam with the old "we got ddosed attacked routine". Been mining on doge house and made next to nothing today, last 12hr I only made 200 doges and should have been 500+
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flounderella
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Bitcoin Evengelist
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February 13, 2014, 03:56:28 AM |
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I always mine on mulitpool (dogecoin port, not the profit switching port). Its stable, some 10k miners, and doges constantly trickle in every 2-3 minutes. Better than being stuck on a lame pool for hours and not finding any blocks at all.
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ofeefee
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Tokenize Fantasy Sports
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February 13, 2014, 04:01:44 AM |
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anybody know a good doge pool to mine on, one that don't scam with the old "we got ddosed attacked routine". Been mining on doge house and made next to nothing today, last 12hr I only made 200 doges and should have been 500+
i use doge.rapidhash.net
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eddilicious
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February 13, 2014, 06:00:18 AM |
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*disclaimer - Yes, I recently have purchased $100,000 dogecoin on margin loan
$100,000 margin loan for doge? I got a feeling soon you will realize payback is a bitch.
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tintumon
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dinkimole nokkalle...
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February 13, 2014, 07:22:07 AM |
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*disclaimer - Yes, I recently have purchased $100,000 dogecoin on margin loan
$100,000 margin loan for doge? I got a feeling soon you will realize payback is a bitch. +1
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BrewCrewFan
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February 13, 2014, 07:45:27 AM |
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And this is pretty much the reason I can't take dogecoin seriously as a financial instrument and it pretty much equates to a bubble.
doge investors keep telling others to believe in doge and only report on how big the bubble is getting and not the growth in doge's utility.
I mined a lot of doge in the beginning (about 400 mil) just like IFC (4 bill) but at least the ifc community is taking itself seriously. doge doesn't and the community only cares about getting new people in to buy more to lift the price, instead the network. eventually, without utility, bubbles burst.
I guess its time to start my exit strategy on doge. Its been fun watching the hilarity.
sensible and rational and like i have said lots before.. once its been added to an exchange then yeah make your money and get out when you think the time is right. but lets be honest about about what we're doing.. I think these Doge fanboys are either A: delusional and dumb or B: deceitful and manipulative. Either way it's not good ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) When mining becomes unprofitable your so called community will disintegrate i can assure you.. and i am buying.. buying i told you so for later ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) PS: your lite coin babble op is false by the way. Feathercoin 2.0 we seen it happen at least once before ....
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