[ANN][DOGE] Dogecoin - very currency many coin - v1.10.0 - page 1107.

niothor

hero member

Activity: 826

Merit: 501

in defi we trust

Quote from: Kergekoin on January 02, 2014, 07:13:26 AM

Quote from: niothor on January 02, 2014, 06:55:35 AM

Shouldn't the green and the red lines intersect at today's date? Cause those are some real poor drawings!

Lines are there to help to see the change of direction. Trend lines are drawn from market graph low to low and high to high until trend breaks and retraces to confirm the break. As you can see theres no vertical lines for dates. Its just appoximate dates under the graph.
If you want to learn how trend lines are supposed to be drawn then you can google about it. Theres plenty of tutorials.
Of course you cant take any altcoin trends as serious trends. Its just another tool for predictions.

Common , we both know what I was talking about. If you would have drawn the first line from the random moment you chose till today , the marketcap line would be linear and would have shown no increase at all.

.

Kergekoin

hero member

Activity: 546

Merit: 500

Quote from: niothor on January 02, 2014, 06:55:35 AM

Shouldn't the green and the red lines intersect at today's date? Cause those are some real poor drawings!

Lines are there to help to see the change of direction. Trend lines are drawn from market graph low to low and high to high until trend breaks and retraces to confirm the break. As you can see theres no vertical lines for dates. Its just appoximate dates under the graph.
If you want to learn how trend lines are supposed to be drawn then you can google about it. Theres plenty of tutorials.
Of course its not very good idea to take any coin trends as serious trends. Its just another tool for predictions.
I use trendlines every day on my work. They are primitive but effective if used correctly.

Kergekoin

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Activity: 546

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Right that block time is 60seconds. Silly me.
Difficulty retarget is 4 hours and multipool switching is messing up block plan a little, but over long term its still going to be around 1 block per minute.

However, rest of my arguments stay. Just my opinion.

niothor

hero member

Activity: 826

Merit: 501

in defi we trust

Quote from: panonym on January 02, 2014, 06:57:27 AM

Quote from: dewdeded on January 02, 2014, 02:06:54 AM

1 .block reward will be halfed much sooner.

Wrong.
Block speed will not change, only the difficulty.

The top 2 address worry me a bit.
But I'm still on holding mode.
Bought at 30, so I still have a leeway.
Hopefully it will not drop much more. Hope is free. Doge rise!

You're wrong.
Block reward will be halving sooner because we have blocks issued faster than normal.
More hashpower added during same difficulty levels makes blocks being issued faster than normal till the new difficulty adjustment.

You can check the history of bitcoinclock to see how the new halving has advanced more than 4 months.

panonym

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Help and Love one another ♥

Quote from: dewdeded on January 02, 2014, 02:06:54 AM

1 .block reward will be halfed much sooner.

Wrong.
Block speed will not change, only the difficulty.

The top 2 address worry me a bit.
But I'm still on holding mode.
Bought at 30, so I still have a leeway.
Hopefully it will not drop much more. Hope is free. Doge rise!

niothor

hero member

Activity: 826

Merit: 501

in defi we trust

Quote from: Kergekoin on January 02, 2014, 06:42:35 AM

Well, lets look at market statistics a little:

Despite of price steadily dropping last 10 days, the market cap of DOGE in on the rise again. This is due stable network hash rate over 20GHs.

DOGE is still on top of the profitability. This info indicates that DOGE is gaining popularity. Holders are stockpiling more and new investors coming in as well.
Information taken from:
http://dogechain.info/
http://www.cryptmarketcap.com/
http://www.coinwarz.com/

Shouldn't the green and the red lines intersect at today's date? Cause those are some real poor drawings!

carlb007

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Activity: 252

Merit: 250

Quote from: Kergekoin on January 02, 2014, 05:55:03 AM

Quote from: hunkster on January 02, 2014, 02:54:51 AM

Quote from: dewdeded on January 02, 2014, 02:06:54 AM

Difficulty adjusting algo can be changed to counter multi pools. Its called "anti multi pool patch" or "anti flash mining patch". Some scrypt coins already have, DOGE will get it sooner or later.

With multi pools stopped, DOGE value will raise.

how does it work?

@dogecoin any plans to implement this?

If you think that this would be good for DOGE you are greatly mistaken. Just try to think outside of box for once.
If multipools drop DOGE, then indeed DOGE value per coin would rise a little, but only on short term. It will stabilize around same profitability as any other coin and will stay on that price rage for a very long time and will not benefit for DOGE in long term.
Why? I will tell you why:

Multipool brings a lot of additional hash power. There are several benefits on that:

1 .block reward will be halfed much sooner.
2. block reward halfed = price doubled - assuming that net hash will not drop.
3. more hash = lower price point = more coins on market = more people can afford to step in. = more popularity.
Its all connected and all good for DOGE in long term view.

Only the block reward wont be halved any sooner at all. Blocks will be halved on or around mid Feb regardless of how many people are mining it, because it always adjusts to release 1 block per minute. 1440 blocks a day is the target so its 41 days from right now.
Whilst i agree and think the price will go up at the block halving, it could well be a case of were at 25 satoshis by that point - which will result in exactly the same price as we have now (or have had the past few days). I was originally looking forward to a price of 100+ come feb but i dont think that will be the case at all now, and am looking much futher ahead towards the end of this year.

Time will tell. Stil working away on a nice little game/app for Doge atm

Kergekoin

hero member

Activity: 546

Merit: 500

Well, lets look at market statistics a little:

Despite of price steadily dropping last 10 days, the market cap of DOGE in on the rise again. This is due stable network hash rate over 20GHs.

DOGE is still on top of the profitability. This info indicates that DOGE is gaining popularity. Holders are stockpiling more and new investors coming in as well.
Information taken from:
http://dogechain.info/
http://www.cryptmarketcap.com/
http://www.coinwarz.com/

BayAreaCoins

legendary

Activity: 4018

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Owner at AltQuick.com

Nerdos have to make money guys! Hopefully they will tuck it back in the ass end

Gasai Yuno

full member

Activity: 154

Merit: 100

Yukki Yukki Yukki!

im holding my 500k doge. it will be riseup again. we have seen same scene before.

exzellenz

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Activity: 164

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RIP

kalus

sr. member

Activity: 420

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let's make a deal.

Quote from: Kergekoin on January 02, 2014, 05:55:03 AM

Quote from: hunkster on January 02, 2014, 02:54:51 AM

Quote from: dewdeded on January 02, 2014, 02:06:54 AM

Difficulty adjusting algo can be changed to counter multi pools. Its called "anti multi pool patch" or "anti flash mining patch". Some scrypt coins already have, DOGE will get it sooner or later.

With multi pools stopped, DOGE value will raise.

how does it work?

@dogecoin any plans to implement this?

If you think that this would be good for DOGE you are greatly mistaken. Just try to think outside of box for once.
If multipools drop DOGE, then indeed DOGE value per coin would rise a little, but only on short term. It will stabilize around same profitability as any other coin and will stay on that price rage for a very long time and will not benefit for DOGE in long term.
Why? I will tell you why:

Multipool brings a lot of additional hash power. There are several benefits on that:

1 .block reward will be halfed much sooner.
2. block reward halfed = price doubled - assuming that net hash will not drop.
3. more hash = lower price point = more coins on market = more people can afford to step in. = more popularity.
Its all connected and all good for DOGE in long term view.

+1

this is a long term view of dogecoin that i wholeheartedly agree with.

No one can control the switching pools without also turning away a lot of doge production.

if we choke the doge supply, artificial scarcity will do the coin in.

for now, make hay while the sun is shining. mine now while the difficulty is still within reach, or you'll be crying jan 1, 2015.

UdjinM6

legendary

Activity: 1318

Merit: 1040

Quote from: Kergekoin on January 02, 2014, 05:55:03 AM

Quote from: hunkster on January 02, 2014, 02:54:51 AM

Quote from: dewdeded on January 02, 2014, 02:06:54 AM

Difficulty adjusting algo can be changed to counter multi pools. Its called "anti multi pool patch" or "anti flash mining patch". Some scrypt coins already have, DOGE will get it sooner or later.

With multi pools stopped, DOGE value will raise.

how does it work?

@dogecoin any plans to implement this?

If you think that this would be good for DOGE you are greatly mistaken. Just try to think outside of box for once.
If multipools drop DOGE, then indeed DOGE value per coin would rise a little, but only on short term. It will stabilize around same profitability as any other coin and will stay on that price rage for a very long time and will not benefit for DOGE in long term.
Why? I will tell you why:

Multipool brings a lot of additional hash power. There are several benefits on that:

1 .block reward will be halfed much sooner.
2. block reward halfed = price doubled - assuming that net hash will not drop.
3. more hash = lower price point = more coins on market = more people can afford to step in. = more popularity.
Its all connected and all good for DOGE in long term view.

+1 to this ^

Kergekoin

hero member

Activity: 546

Merit: 500

Quote from: hunkster on January 02, 2014, 02:54:51 AM

Quote from: dewdeded on January 02, 2014, 02:06:54 AM

Difficulty adjusting algo can be changed to counter multi pools. Its called "anti multi pool patch" or "anti flash mining patch". Some scrypt coins already have, DOGE will get it sooner or later.

With multi pools stopped, DOGE value will raise.

how does it work?

@dogecoin any plans to implement this?

If you think that this would be good for DOGE you are greatly mistaken. Just try to think outside of box for once.
If multipools drop DOGE, then indeed DOGE value per coin would rise a little, but only on short term. It will stabilize around same profitability as any other coin and will stay on that price rage for a very long time and will not benefit for DOGE in long term.
Why? I will tell you why:

Multipool brings a lot of additional hash power. There are several benefits on that:

1 .block reward will be halfed much sooner.
2. block reward halfed = price doubled - assuming that net hash will not drop.
3. more hash = lower price point = more coins on market = more people can afford to step in. = more popularity.
Its all connected and all good for DOGE in long term view.

fast-pool.com

newbie

Activity: 42

Merit: 0