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dogechode
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May 15, 2014, 01:17:00 PM |
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POS (which is being added to scrypt coins left and right) provides a degree of insulation from asics. So I really don't think they will all wither away, they can just go POS and live on in shitcoin paradise. Besides, who's the say the asic miners won't mine shitcoins evenly like GPU miners have?
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rpietila
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Activity: 1722
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May 15, 2014, 04:37:24 PM |
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POS (which is being added to scrypt coins left and right) provides a degree of insulation from asics. So I really don't think they will all wither away, they can just go POS and live on in shitcoin paradise. Besides, who's the say the asic miners won't mine shitcoins evenly like GPU miners have?
Miners will mine whatever is profitable. But if there is no demand for a coin, its value drops and it does not constitute a too large % of mining either, soon. |
HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
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Swordsoffreedom
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Leading Crypto Sports Betting & Casino Platform
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May 17, 2014, 11:32:02 AM |
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ShibaWow
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May 17, 2014, 01:53:51 PM |
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I still love Dogecoin.
dogecoin isn't digital money dogecoin is a way of life  |
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zangokoon
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Activity: 93
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May 17, 2014, 03:04:15 PM |
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i still have my faith on Dogecoin, it'll rise again!
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alakta
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Activity: 23
Merit: 0
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May 17, 2014, 03:07:59 PM |
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Every time I see a topic like this, I think about how I seen doge announcement 20 seconds after it was posted, but didn't take it seriously.
You always have to take jokes seriously!
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lynn_402
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May 17, 2014, 07:38:39 PM |
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I still love Dogecoin.
dogecoin isn't digital money dogecoin is a way of life Indeed It makes me feel like I'm an instrumental part in something good that's bigger than myself. That aspect of its community is why Doge wins. |
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lynn_402
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May 17, 2014, 07:43:05 PM |
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POS (which is being added to scrypt coins left and right) provides a degree of insulation from asics. So I really don't think they will all wither away, they can just go POS and live on in shitcoin paradise. Besides, who's the say the asic miners won't mine shitcoins evenly like GPU miners have?
Miners will mine whatever is profitable. But if there is no demand for a coin, its value drops and it does not constitute a too large % of mining either, soon. That's not exact; many mine Doge because they want to actively contribute to the community by supporting the network, and don't care about multipools' faster profits. Also, many ''noobs'' mine Doge simply because they want it and that's the easiest way for them to do so. |
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R4v37
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May 17, 2014, 08:03:43 PM |
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POS (which is being added to scrypt coins left and right) provides a degree of insulation from asics. So I really don't think they will all wither away, they can just go POS and live on in shitcoin paradise. Besides, who's the say the asic miners won't mine shitcoins evenly like GPU miners have?
Miners will mine whatever is profitable. But if there is no demand for a coin, its value drops and it does not constitute a too large % of mining either, soon. That's not exact; many mine Doge because they want to actively contribute to the community by supporting the network, and don't care about multipools' faster profits. Also, many ''noobs'' mine Doge simply because they want it and that's the easiest way for them to do so. yappp the best way to not breaking their brains |
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galaxy
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Activity: 109
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May 18, 2014, 06:24:54 AM |
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Dogecoin will go up 3000%.
It wont be because of the car. The car and many, many other things they do will get the gain. Eventually.
But yes, with their base, and their strategy, its a coin to invest in long term.
As funny as that sounds.
Its true!
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Spoetnik
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Activity: 1540
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FUD Philanthropist™
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May 18, 2014, 08:18:43 AM |
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Dogecoin will go up 3000%.
It wont be because of the car. The car and many, many other things they do will get the gain. Eventually.
But yes, with their base, and their strategy, its a coin to invest in long term.
As funny as that sounds.
Its true!
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FUD first & ask questions later™ |
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Unluckyduck
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May 18, 2014, 10:15:23 AM |
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That would put the price of doge at around 3000 satoshis each or $0.0133ea and give Dogecoin a max market cap of around $1.33B. Long story short? Not gonna happen.
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lynn_402
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May 19, 2014, 02:24:10 AM |
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That would put the price of doge at around 3000 satoshis each or $0.0133ea and give Dogecoin a max market cap of around $1.33B. Long story short? Not gonna happen.
If Bitcoin's market cap gets to 26B$, it's definitely possible that Doge stays stable at 5% of it, imho. |
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ranlo
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Merit: 1007
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May 19, 2014, 02:34:25 AM |
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If the last race didn't boost the price of Dogecoin, why would this one? I think that the races are catering to the wrong people. What we're dealing with is technology. We need to be pushing the coin out to technology conventions and such. |
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jacktheking
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Personal Text Space Not For Sale
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May 19, 2014, 02:39:58 AM |
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Great new! I dont think it will rise by 3000% . However I do agree that DOGECoin exchange rates will increase.
I think I gonna start getting myself some Dogecoin.
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So sad! This profile does not appear as the #1 result (on anonymous) Google searches anymore.
Time to be active on the crypto forums again? Proud to be one of the few Legendary members of the Sparkie Red Dot!
Gonna put this on my resume if I ever join a cryptocurrency/blockchain industry!
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wheatrich
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May 19, 2014, 04:59:40 AM |
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The races are catering to people who have no idea how to purchase a dog coin so currently it doesn't help at all.
However, if this crypto thing takes off and "everyone" is doing it, they'll at least have heard of this one and not others (possibly not even bit coin) there is many value in that long term. They'll plunk down in what they know first.
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sosulon
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May 19, 2014, 05:43:10 AM |
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If you checked the marketcap site you can see that a coin needed how much buy in perday to main the price .
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ranlo
Legendary
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Activity: 1974
Merit: 1007
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May 19, 2014, 05:43:49 AM |
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The races are catering to people who have no idea how to purchase a dog coin so currently it doesn't help at all.
However, if this crypto thing takes off and "everyone" is doing it, they'll at least have heard of this one and not others (possibly not even bit coin) there is many value in that long term. They'll plunk down in what they know first.
The whole thing about people not knowing what Dogecoin is, I completely agree. Racing is a pretty small niche, though. We're basically gambling in the hopes that the small niche will jump in Dogecoin, and I just don't see that happening. |
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muxxxamed
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May 19, 2014, 07:04:07 AM |
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I think it is possible. If people invest a lot of money in DarkCoin without any infrastructure than people can buy some DOGE. May be not 3000% but 500% is probadly possible.
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ranlo
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May 19, 2014, 07:40:22 AM |
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I think it is possible. If people invest a lot of money in DarkCoin without any infrastructure than people can buy some DOGE. May be not 3000% but 500% is probadly possible.
Didn't DarkCoin bring with it anonymity though? This would be considered as a major change in infrastructure, and it would cater to completely different people than Dogecoin. |
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