WTF with DOGE!

[Furio]

Something I just can't understand. The announcement of merged mining DOGE with LTC makes people lose their mind and buy DOGE?

I dont mind, I have some bought at 29 . But what the hell, merged mining only makes DOGE less valuable, but the exact opposite is happening.

Maybe there are other indicators I'm not seeing?

[Nullu]

Something I just can't understand. The announcement of merged mining DOGE with LTC makes people lose their mind and buy DOGE?

I dont mind, I have some bought at 29 . But what the hell, merged mining only makes DOGE less valuable, but the exact opposite is happening.

Maybe there are other indicators I'm not seeing?

Yeah, an obvious pump.

[devphp]

Merged mining makes Doge more secure, no more fear of 51% attack = more valuable = more demand = higher price.

[razen489]

It's a pump.. just look at how steep the price increase is https://www.coingecko.com/en/price_charts/dogecoin/btc mind boggling i know 

[floatingrate]

Bubbles before dumping .

[linxproz]

Probably this bubble will pop soon, let's see how it goes...

[Shadow56]

just don't go for buying now...

[pedrog]

Merged mining makes Doge more secure, no more fear of 51% attack = more valuable = more demand = higher price.

This ^

Powerful network more confidence in the currency.

[truedem]

1) currency is secured by merged mining;

2) out of "major" currencies it's the only one with potential to increase value by hundred percents in the nearest future +

2.1) it has potential to replace LTC as #2 crypto-currency (community will make sure business penetration surpass communty-less LTC sooner rather than later).

Also pump =)

edit: 6M+ daily trade volume (3x more than LTC), 75% price increase.

[Skinnkavaj]

Where can I short it?

[NoirSuccubus]

Doge on supernet?

[DieJohnny]

Something I just can't understand. The announcement of merged mining DOGE with LTC makes people lose their mind and buy DOGE?

I dont mind, I have some bought at 29 . But what the hell, merged mining only makes DOGE less valuable, but the exact opposite is happening.

Maybe there are other indicators I'm not seeing?

I was in your boat. I was very curious about Doge price as i didn't think it would hold up, but then bam complete opposite. Hidden in this run up is some crypto analysis that is probably very valuable. Such as hashrate is far more important than we realize, combined with the idea that miners won't necessarily sell. LTC miners got a free coin with their efforts, maybe it is not so obvious that they would sell those free coins, wait around and see if they go up in price.

Now that price is running nuts, everyone is on the sidelines watching and holding. Panic buying for anyone that remotely believes in the Doge.

Most Doge buyers believe it should be worth more than LTC, so they will hold for a while. If it makes it close to LTC they get a X10 return. If Doge makes it to where LTC was they get a X100 return.

[Soccruo]

This could be the end of a bubble or maybe the start of a rise to reach a new ATH, who knows.

[Spoetnik]

it has nothing to do with the announcement of merged mining at all !
that was news a LONG time ago so why would it all of a sudden create a massive spike in price over night randomly like a month or two later ?
It wouldn't.

it's the same old story..

either some guy is buying them up and he has a lot of Bitcoin to spend because he thinks Doge has a bright futures and he's an idiot.

Or it's someone who knows damn well it sucks ass and he/she is buying like crazy to trigger a price increase. (for a grand dumping later)
more than likely it's the later and it's a commons sense assessment of the situation i think.

This is what happens on all coins..

You all decide

[Buffer Overflow]

Generally what happens is people buy on the rumour (merged mining) and sell on the news (now it's been released). The opposite has happened.

I smell a dead cat bounce.

[DubFX]

It's really weird that it goes to 555 to 90+ in less than 24 hours...probably pump and dump.

[gadado]

I don't know. Judge by what I know from Bitcoin merged mining coins this coins are somehow "living dead" not really dead but also not alive anymore !
Yes they survive. But what are those coins still good for? With this step DOGE's magic is gone for me... nice little independent funny coin 

SuperNET?
I don't think so. James made it clear that clones with no feature don't have a chance to become a core coin. I don't know if a big community counts as feature.

[blade87]

DOGE doesn't need SuperNET anyway. It's community is what it is all about. Nothing else for it really matters.

[Nullu]

DOGE doesn't need SuperNET anyway. It's community is what it is all about. Nothing else for it really matters.

Hah. The mere fact that it even has to be said just goes to show the sheer power of an idea. SuperNET is just an outside bet, but I find your comment interesting.

[Spoetnik]

I don't know. Judge by what I know from Bitcoin merged mining coins this coins are somehow "living dead" not really dead but also not alive anymore !
Yes they survive. But what are those coins still good for? With this step DOGE's magic is gone for me... nice little independent funny coin  

SuperNET?
I don't think so. James made it clear that clones with no feature don't have a chance to become a core coin. I don't know if a big community counts as feature.

"funny coin"

if your interested i can sell you some Monopoly money ? it has bright colors and a funny name ..should be a hit lol
it's big feature is the Hasbro Games inc. "community"  

and NO "community" does not count as a "feature" and neither does any of the dummy services or crap tacked onto it after the fact.
if you look at the same day the coin was released i am sure you would see a dozen other coins the exact same with a different name and icon.
get it ?
and that was just on ONE day LOL

what we have here is a game.. sort of like a multi-level marketing scheme.

and if that is what floats your boat then go for it.. ahahaa