Doge - Only 0 more blocks for Dogecoin rewards to halve. Doge has Halved!!

[flounderella]

Do you know which block will the halving happen? Thanks

Block 100,000

Thanks. Almost there in a few it seems

[Benezivas]

Just a quick question just in case I am missing something here:

How does a block-halfing correlate with a sharp increase in price, especially in the short-term? Do you think people will be willing to suddenly buy for double the price thinking "Only half of the block rewards from now on? Blimey! I should get ahead and buy for double the price accordingly!"

[flounderella]

Just a quick question just in case I am missing something here:

How does a block-halfing correlate with a sharp increase in price, especially in the short-term? Do you think people will be willing to suddenly buy for double the price thinking "Only half of the block rewards from now on? Blimey! I should get ahead and buy for double the price accordingly!"

Yeah I feel should already be priced in. Markets are made of people and people anticipate upcoming changes and act accordingly, sometimes irrationally even but still. I think from a mining perspective, maybe this will dampen the enthusiasm in the multipools but yet to be seen

[jongameson]

don't care.  bring me lizard coin.  the only coin catcoins will eat

[FalconCrypto]

Thats right, it will happen in the next 5 to 6 hours!

Better buy in now, before take off. IMHO

To the Moon!

Edit: 344 301 254 blocks!

And then what?  What is the next thing I should be looking forward to?

Simple, if you are short term investor, start thinking about your exit point; long term investor, hold.

(As always, only invest in what you are willing to lose)

Short term long term I asked what is the next target?  I shouldn't hold something just because.  What is next for DOGE?

Best to do your own research mate.

Start here, and of course this forum.

http://www.reddit.com/r/dogecoin/
http://foundation.dogecoin.com/
http://dogecoin.com/

[FalconCrypto]

Just a quick question just in case I am missing something here:

How does a block-halfing correlate with a sharp increase in price, especially in the short-term? Do you think people will be willing to suddenly buy for double the price thinking "Only half of the block rewards from now on? Blimey! I should get ahead and buy for double the price accordingly!"

Yeah I feel should already be priced in. Markets are made of people and people anticipate upcoming changes and act accordingly, sometimes irrationally even but still. I think from a mining perspective, maybe this will dampen the enthusiasm in the multipools but yet to be seen

Maybe you're right, maybe nothing changes. Or not.

[TPN]

Price drops after halving, and then goes up 

[flounderella]

Just a quick question just in case I am missing something here:

How does a block-halfing correlate with a sharp increase in price, especially in the short-term? Do you think people will be willing to suddenly buy for double the price thinking "Only half of the block rewards from now on? Blimey! I should get ahead and buy for double the price accordingly!"

Yeah I feel should already be priced in. Markets are made of people and people anticipate upcoming changes and act accordingly, sometimes irrationally even but still. I think from a mining perspective, maybe this will dampen the enthusiasm in the multipools but yet to be seen

Maybe you're right, maybe nothing changes. Or not.

What else are you going to mine if you want to pay off your GPU. BBQCoin? I think no.

[wasamata]

Just a quick question just in case I am missing something here:

How does a block-halfing correlate with a sharp increase in price, especially in the short-term? Do you think people will be willing to suddenly buy for double the price thinking "Only half of the block rewards from now on? Blimey! I should get ahead and buy for double the price accordingly!"

Simple.
try holding a basketball under water for a while then suddenly take your hand off the ball.
as is the case for a coin that is no longer the most profitable coin to mine,
all the "auto switching auto sell" pools will change to another coin,
you therefore have a massive lack of supply as compared with previously.

[anderl]

Well I'm seeing DOGE going to very 200.  See you there.

[juanichiloco]

Will price rise after halving? How much?

[pyds1977]

i withness this moment!!   

[BaronVonBB]

Will price rise after halving? How much?

I'm guessing it will stay almost the same, maybe even dip a little due to cowardly Shibes selling, then start to go up steadily. This is the cheapest you'll see it from here on out.

[FalconCrypto]

In anticipation of the initial dip, I may sell all my DOGE and then buy back in after trying to guess the bottom. But if it rises  5% higher then my selling price, I will get right back in. Good strategy? I don't know, we'll see.

[heskey]

Well I'm seeing DOGE going to very 200.  See you there.

Such competitive price!

[tk808]

Price drops after halving, and then goes up  

You will not see major price increases for 1 major fact, there is such a large amount of DOGE available to everyone that there is no demand for more DOGE.
The only price increases is by manipulation of the markets, no miners have that much control over the markets. Also a 2nd note, Doge was launched on certain exchanges in china, which in turn helped the price rise dramatically.

Blocks halving almost have little to do with the current standing.



Doge simply has too much inflation at the moment to make it worth anything. You would need a 2nd round of major adoptions to occur for the price to double once more.


Just my thought on it, and don't mention community or anything. We already saw what happened with the major first round stable price increase due to the community.

[FalconCrypto]

Price drops after halving, and then goes up  

You will not see major price increases for 1 major fact, there is such a large amount of DOGE available to everyone that there is no demand for more DOGE.
The only price increases is by manipulation of the markets, no miners have that much control over the markets. Also a 2nd note, Doge was launched on certain exchanges in china, which in turn helped the price rise dramatically.

Blocks halving almost have little to do with the current standing.



Doge simply has too much inflation at the moment to make it worth anything. You would need a 2nd round of major adoptions to occur for the price to double once more.


Just my thought on it, and don't mention community or anything. We already saw what happened with the major first round stable price increase due to the community.

So added recent buyers in China, and rewards halving? That means demand is going up while supply is going down. Yup, price will be going up. But there will first be a dip and then steady rise, if recent history is any indicator.

[tk808]

Price drops after halving, and then goes up  

You will not see major price increases for 1 major fact, there is such a large amount of DOGE available to everyone that there is no demand for more DOGE.
The only price increases is by manipulation of the markets, no miners have that much control over the markets. Also a 2nd note, Doge was launched on certain exchanges in china, which in turn helped the price rise dramatically.

Blocks halving almost have little to do with the current standing.



Doge simply has too much inflation at the moment to make it worth anything. You would need a 2nd round of major adoptions to occur for the price to double once more.


Just my thought on it, and don't mention community or anything. We already saw what happened with the major first round stable price increase due to the community.

So added recent buyers in China, and rewards halving? That means demand is going up while supply is going down. Yup, price will be going up. But there will first be a dip and then steady rise, if recent history is any indicator.

Buyers and china already got their fill on demand, demand last a very short period of time on crypto markets: Ex maxcoin, demand died out in less then 24 hours. Unless a 2nd coming of Doge mania is coming, i don't expect a 2-fold increase. That was the original statement, i never said Doge is going to die, or fail on my previous post above.

Doge's demand hit the a big climax when it hit the Chinese exchange. History is a good start and indicator, but in my opinion every alt-coin is under bitcoins wing, and bitcoin is tanking at the moment.

[XCASH]

What to you think will happen to bitcoin prices in the long run?

[tk808]

What to you think will happen to bitcoin prices in the long run?

I don't know how low bitcoin will go, but if it gets under 500usd, you can expect there will be a massive buy-ins.

I think bitcoin will reach a new high-level, after all the drama that surrounds it subsides.