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yatsey87
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January 28, 2014, 02:27:49 PM
 #61


Good read. Newbs take note:

Coins To Avoid:

    Dogecoin (DOGE) (Daily Maintance Cost: $1,060,957.44)
    Mooncoin (MOON) (Daily Maintenance Cost: $133,602.05)
    LotteryTickets (TIX) (Daily Mainteance Cost: $27,980.86)
    Lottocoin (LOT) (Daily Maintenance Cost: $26,369.84)
    Earthcoin (EAC) (Daily Maintenance Cost: $19,922.42)
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dogechode
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January 28, 2014, 03:08:08 PM
 #62


it already did genius - a few days after I started mining doge it was showing as .0021xxxx on cryptocoincharts
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January 28, 2014, 03:11:20 PM
 #63


Good read. Newbs take note:

Coins To Avoid:

    Dogecoin (DOGE) (Daily Maintance Cost: $1,060,957.44)
    Mooncoin (MOON) (Daily Maintenance Cost: $133,602.05)
    LotteryTickets (TIX) (Daily Mainteance Cost: $27,980.86)
    Lottocoin (LOT) (Daily Maintenance Cost: $26,369.84)
    Earthcoin (EAC) (Daily Maintenance Cost: $19,922.42)



This is not a good read it is pure FUD. Use your own brains.  Doge has a HUGE community and hence can pull in MUCH larger funds than other coins. Also the block rewards are going to be chopped and then chopped again.

A lot of rich crypto people tried to short doge, they are trying to FUD is down lower so they can make money before pumping again. Don't allow these people to rip you off.  SUre doge just went from 20's to 200's and is settling after a pump. HOwever 200's is NOT the top for doge longer term. When block rewards are cut a few more times you will see the price drive up way higher.

When i see so much FUD lately on one coin..... i always do my own research.

yatsey87
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January 28, 2014, 03:36:38 PM
 #64


Good read. Newbs take note:

Coins To Avoid:

    Dogecoin (DOGE) (Daily Maintance Cost: $1,060,957.44)
    Mooncoin (MOON) (Daily Maintenance Cost: $133,602.05)
    LotteryTickets (TIX) (Daily Mainteance Cost: $27,980.86)
    Lottocoin (LOT) (Daily Maintenance Cost: $26,369.84)
    Earthcoin (EAC) (Daily Maintenance Cost: $19,922.42)



This is not a good read it is pure FUD. Use your own brains.  Doge has a HUGE community and hence can pull in MUCH larger funds than other coins. Also the block rewards are going to be chopped and then chopped again.

I think a coin needs more than a huge community to be worth something. How big will this community be this time next year?
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January 28, 2014, 03:41:23 PM
 #65


I think a coin needs more than a huge community to be worth something. How big will this community be this time next year?

How can anyone know that? Could you known in December how big will Doge become at the end of Feb?

Community of this size is a very good start for any kind of coin...

Maybe it will be dead in two weeks, maybe tomorrow, everything is possible. Just enjoy the ride, and watch it grow or die.
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January 28, 2014, 03:47:59 PM
 #66

only if it stays popular.  Wink

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reRaise
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January 28, 2014, 03:51:18 PM
 #67


Good read. Newbs take note:

Coins To Avoid:

    Dogecoin (DOGE) (Daily Maintance Cost: $1,060,957.44)
    Mooncoin (MOON) (Daily Maintenance Cost: $133,602.05)
    LotteryTickets (TIX) (Daily Mainteance Cost: $27,980.86)
    Lottocoin (LOT) (Daily Maintenance Cost: $26,369.84)
    Earthcoin (EAC) (Daily Maintenance Cost: $19,922.42)



This is not a good read it is pure FUD. Use your own brains.  Doge has a HUGE community and hence can pull in MUCH larger funds than other coins. Also the block rewards are going to be chopped and then chopped again.

A lot of rich crypto people tried to short doge, they are trying to FUD is down lower so they can make money before pumping again. Don't allow these people to rip you off.  SUre doge just went from 20's to 200's and is settling after a pump. HOwever 200's is NOT the top for doge longer term. When block rewards are cut a few more times you will see the price drive up way higher.

When i see so much FUD lately on one coin..... i always do my own research.

wow stop crying. This is one of the facts that a buyer needs to take into account when investing. Don't try to put a curtain in front of the truth just because you bought Doge.
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January 28, 2014, 03:52:36 PM
 #68

For the 8 billionth time... it is very simple. If people can use the coin in practical ways then it may stick around and increase in value. If not, then it will just linger around low decimal point values and the price will be totally controlled by investors and miners pumping humping and dumping. Do you get it now? Make sense? How many f-ing times do I have to say this before anyone pays attention - NO ONE IS USING FREAKIN DOGECOINS OR ANY OTHER ALTCOIN FOR THAT MATTER FOR REAL TRANSACTIONS!

But why listen, it's easier to just keep sitting around mining and hoping that the magic altcoin fairy will just drive your chosen coin/s up to stratospheric highs and then you can all retire, right?
yatsey87
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January 28, 2014, 04:12:01 PM
 #69


I think a coin needs more than a huge community to be worth something. How big will this community be this time next year?

How can anyone know that? Could you known in December how big will Doge become at the end of Feb?

Community of this size is a very good start for any kind of coin...

Maybe it will be dead in two weeks, maybe tomorrow, everything is possible. Just enjoy the ride, and watch it grow or die.

These coins need something behind them other than a load of desperate newbs holding onto a few million coins in the hope they'll become millionaires one day.
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January 29, 2014, 11:06:21 PM
 #70


I am speculating on 1 cent (help pay large chunk of kids college tuition)

Anything increases crypto exposure is good for the crypto community.

My humble opinion the doge community is hand downs First rate

That said. doge so far looking back is an exercise of a text book example of market manipulatetion.

If you are new to crypto and want to learn how manipulation work (and how to make money from it)
review the history of doge.

Now, of course i have invested a bit into it .. this is all speculation so no harm is peeling a few btc profit into it.

need to take chances.  for me .. in  invested  for the same reason i bet on the superbowl ... have a stake in an interesting story.
i got in a little late becuase i first felt blatent attempt for pump and dump  but the comunity (and there obvioud marketing) changed my opinion


i figured .. yes this is all for PR  but A for effort and jumped on board.


and as always, never spend what you can nto loose do your own research

and ENJOY
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January 29, 2014, 11:10:09 PM
 #71

2) The total number of Bitcoins to ever be produced is 21 million, and the total number of Dogecoins ever is 100 billion.  Given those maximums, if you divide 100 billion by 21 million, you get 4,761.9  ... that means, when all is said and done, there will be 4,761.9 times as many Dogecoins as Bitcoins.  

Currently 1 BTC is about $800 on average.  If you divide that by 4,761.9, you get about $0.168.  Meaning, since most cryptocurrencies are tied in price to BTC, technically, Dogecoin should be valued at $0.168, right?
You have minor to no understanding of the crypto world. You and 99% other DOGE supporters. Technically looking there isn't a single reason to buy DOGE.
Don't get me wrong, there is a reason to just mine it.. high profit.

Using that logic, CGB should be worth over 15k $ each, don't get me started on 42 (42coin).

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January 29, 2014, 11:17:11 PM
 #72

If dogecoin even manages to hit $1, I will be very happy
yatsey87
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January 29, 2014, 11:26:07 PM
 #73

If dogecoin even manages to hit $1, I will be very happy

I think a lot of people will be happy, but that's never gonna happen.
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January 29, 2014, 11:32:03 PM
 #74

doge hitting $2 would imply an end market cap of $200 billion (and currently over $60 billion). I just don't see that happening any time soon.

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January 29, 2014, 11:37:11 PM
 #75

It could easily hit $2 if the USA $ experiences a period of weimar type hyperinflation...
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January 29, 2014, 11:37:56 PM
 #76

doge hitting $2 would imply an end market cap of $200 billion (and currently over $60 billion). I just don't see that happening any time soon.

I don't see that happening ever that would be totaly unrealstic.

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January 29, 2014, 11:40:14 PM
 #77

2) The total number of Bitcoins to ever be produced is 21 million, and the total number of Dogecoins ever is 100 billion.  Given those maximums, if you divide 100 billion by 21 million, you get 4,761.9  ... that means, when all is said and done, there will be 4,761.9 times as many Dogecoins as Bitcoins.  

Currently 1 BTC is about $800 on average.  If you divide that by 4,761.9, you get about $0.168.  Meaning, since most cryptocurrencies are tied in price to BTC, technically, Dogecoin should be valued at $0.168, right?
You have minor to no understanding of the crypto world. You and 99% other DOGE supporters. Technically looking there isn't a single reason to buy DOGE.
Don't get me wrong, there is a reason to just mine it.. high profit.

Using that logic, CGB should be worth over 15k $ each, don't get me started on 42 (42coin).

I think CGB brought more than doge.

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January 29, 2014, 11:58:31 PM
 #78

what's the problem of any other currency having a market cap bigger than bitcoin? I know that bitcoin is the main currency NOW, but we can have others becoming more popular and taking the lead and I think doge could be one candidate.
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January 30, 2014, 12:02:45 AM
 #79

what's the problem of any other currency having a market cap bigger than bitcoin? I know that bitcoin is the main currency NOW, but we can have others becoming more popular and taking the lead and I think doge could be one candidate.

It matters when there's billions of coins. Doge is not going to take any lead.

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January 30, 2014, 12:19:39 AM
 #80

$2 seems extreme but I think DOGE is the only currently existing alt coin to have a chance of going anywhere. Their community has done more work in less time to spread the coin and get it into use than just about any other alt. I think the meme has been tired for some time now but people keep sticking with it since it seems to have some momentum. I'm not holding any DOGE currently, just mining and selling it, but I think it has a better shot at broad usage than even litecoin.

All that said, I don't know if the valuation has the degree of upside that some people hope. I think a realistic best case would be for it to become the internet's preferred tipping and anonymous small transactions currency rather than anything bigger. Even if it reaches that level of ubiquity, we're still talking about a relatively small market. Never in my lifetime will I buy a pack of bacon (Mmmmm) with DOGE or with bitcoin for that matter.

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