[ANN][DOGE] Dogecoin - very currency many coin - v1.10.0 - page 1212.

malandante

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Quote from: Bitcoin Machine on December 23, 2013, 02:30:34 AM

Quote from: dquancey on December 23, 2013, 01:44:29 AM

45 BTC order on cryptsy too.

Yes. Its called DEMAND.

Here is a theory why:

Besides a fun, friendly MEME which makes people laugh. In general, people like buying higher quantities of something even though each unit is worth less. This actually makes DOGE worth more.

it's psychological.

What would you rather own; 10,000 Coins or .00001 of a coin? Which sounds more rewarding? What math is easier for common folk?

Maybe 100 Billion coins is actually of one of DOGE's greatest strength?

If only 100,000 people owned 1,000,000 DOGEcoins that would equal 100,000,000,000.

For only .5 BTC one can become a DOGE-millionaire. For many, $350 is small investment considering the

possibilities.

That's the same theory I have Wink

ajax3592

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Crypto News & Tutorials - Coinramble.com

Netcode pool admins are giving out HUGE tips everyday on /r/dogecoin to promote DOGEs.

Just saw them giveaway 2x 25000 DOGE tips
http://www.reddit.com/r/dogecoin/comments/1tfxro/doge_themed_gifts_for_our_6_year_old_girl/ce7k9ex

Go make some productive posts on that sub-reddit and who knows you could be next.

Hippie Tech

legendary

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All cryptos are FIAT digital currency. Do not use.

Quote from: markm on December 23, 2013, 03:25:18 AM

Yesterday there was 80+ bitcoins of volume of DOGE on Vircurex, mostly at a higher price than 50 satoshis.

So for someone to put part of the bitcoins they sold their DOGE for back onto the buy side at a puny 50 satoshis price could easily not be an investment at all, simply an allocation of part of their "take" toward forcing people who do want to buy to have to buy for more than 50 satoshis.

In other words, a way to at least momentarily (until another miner blows that buy wall away by dumping some of the billion or so DOGE that gets mined per day) stop the price the suckers are paying from dropping below 50.

Notice that selling for 51 satoshis coins you buy for 50 satoshis is a 2% markup, Vircurex only takes 0.2% in fees, so simply buying at 50 and selling at 51 you'd make 1.6% or so while Vircurex makes 0.4% or so (0.2% on the buy side aka when you buy plus 0.2% on the sell side aka when you sell).

So it seems more likely to me it is more likely to be someone simply milking it rather than someone "investing" in it. The entire offer is likely financed using bitcoins the got by selling DOGE for a whole lot more than 50 satoshis.

-MarkM-

Thus why I said .. "They keep using the same IFC pump n dump hype playbook over and over again."

snoogans310

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just some links for free dogecoin giveaways for anyone new to the coin. Wink

scarface

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Activity: 350

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Spectiv VR Crowdsale: 12/08/17

big buy orders at all 4 exchanges

coinedup
0.0000005   99388396.460336   49.6941982

cryptsy
0.00000046   134336600.27424230   61.79483613

coins-e
0.00000047   106584752.13213087   50.09483350

vircurex
139,462,547.4646   0.00000050   69.7313

markm

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Yesterday there was 80+ bitcoins of volume of DOGE on Vircurex, mostly at a higher price than 50 satoshis.

So for someone to put part of the bitcoins they sold their DOGE for back onto the buy side at a puny 50 satoshis price could easily not be an investment at all, simply an allocation of part of their "take" toward forcing people who do want to buy to have to buy for more than 50 satoshis.

In other words, a way to at least momentarily (until another miner blows that buy wall away by dumping some of the billion or so DOGE that gets mined per day) stop the price the suckers are paying from dropping below 50.

Notice that selling for 51 satoshis coins you buy for 50 satoshis is a 2% markup, Vircurex only takes 0.2% in fees, so simply buying at 50 and selling at 51 you'd make 1.6% or so while Vircurex makes 0.4% or so (0.2% on the buy side aka when you buy plus 0.2% on the sell side aka when you sell).

So it seems more likely to me it is more likely to be someone simply milking it rather than someone "investing" in it. The entire offer is likely financed using bitcoins the got by selling DOGE for a whole lot more than 50 satoshis.

-MarkM-

Bitcoins101

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HOLY CRAP!!! And here we go...

Wekkel

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yes

Quote from: ajax3592 on December 23, 2013, 03:10:44 AM

Quote from: scarface on December 23, 2013, 03:09:20 AM

50 btc buywall at coinedup

itshappening.gif

No catching DOGE now ツ

many fast run

very champion

This is what keeps this thing alive.

So much laughs.

peer2peer360

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Institute of Advance Blockchain Research

Quote from: scarface on December 23, 2013, 03:09:20 AM

50 btc buywall at coinedup

itshappening.gif

72+ btc buy wall on Vircurex for 147million dogecoin

This will likely be mentioned in the next article written about dogecoin

ajax3592

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Crypto News & Tutorials - Coinramble.com

Quote from: scarface on December 23, 2013, 03:09:20 AM

50 btc buywall at coinedup

itshappening.gif

No catching DOGE now ツ

many fast run

very champion

scarface

sr. member

Activity: 350

Merit: 250

Spectiv VR Crowdsale: 12/08/17

50 btc buywall at coinedup

itshappening.gif

Wekkel

legendary

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yes

Quote from: antonin on December 22, 2013, 07:12:33 PM

Quote from: Wekkel on December 22, 2013, 06:08:34 PM

I posted in all giveaway threads listed a couple of pages ago. No Doge's received.

I'll guess that sums up the immediate forecast the next few days.

[...]

I sent you 288 doges
Merry christmas

Merry Christmas Grin

On a different note, Doge's behaviour is the same as other new popular coins. Its hard to go through the whole bottoming process until the next rise. Could take months.

Hippie Tech

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Activity: 1624

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All cryptos are FIAT digital currency. Do not use.

Quote from: fast-pool.com on December 23, 2013, 02:39:58 AM

Quote from: Hippie Tech on December 23, 2013, 02:32:00 AM

They keep using the same IFC pump n dump hype playbook over and over again.

IFC?

I take it you were not around last summer when IFC was hyped and pumped very much like DOGE is now. The troll box insider talk was almost unbearable.

ajax3592

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Crypto News & Tutorials - Coinramble.com

Harder, Better, Faster, Stronger!
http://doge.netcodepool.org

■ Now with Enterprise Level Servers ■
Use "doge.netcodepool.org:4093" to connect

digitaltradz

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Quote from: peer2peer360 on December 23, 2013, 02:40:59 AM

With the three exchanges ( Vircurex, Coins-e & Cryptsy) trading Dogecoin...

Vircurex is the better of the 3 exchanges so quite naturally the big orders

Are most likely to come through the exchange that has the least problems.

We have all had our fair share of experiences from cryptsy... Problem after problem
Its been that way for months now.

@147 million dogecoins. .. Either someone truly believes in dogecoin or havent
Tooken their medication today

That's a $48,000 buy. That's a lot of belief or a lot of D&A Undecided

scarface

sr. member

Activity: 350

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Spectiv VR Crowdsale: 12/08/17

Quote from: peer2peer360 on December 23, 2013, 02:40:59 AM

With the three exchanges ( Vircurex, Coins-e & Cryptsy) trading Dogecoin...

Vircurex is the better of the 3 exchanges so quite naturally the big orders

Are most likely to come through the exchange that has the least problems.

We have all had our fair share of experiences from cryptsy... Problem after problem
Its been that way for months now.

@147 million dogecoins. .. Either someone truly believes in dogecoin or havent
Tooken their medication today

i agree cryptsy stole 50k doge from me shit disapeared scew em

im going with vicurex

also that 147m is either fontas or some crazy chinaman

thats 50k hes investing in doge

peer2peer360

hero member

Activity: 561

Merit: 500

Institute of Advance Blockchain Research

With the three exchanges ( Vircurex, Coins-e & Cryptsy) trading Dogecoin...

Vircurex is the better of the 3 exchanges so quite naturally the big orders

Are most likely to come through the exchange that has the least problems.

We have all had our fair share of experiences from cryptsy... Problem after problem
Its been that way for months now.

@147 million dogecoins. .. Either someone truly believes in dogecoin or havent
Tooken their medication today

fast-pool.com

newbie

Activity: 42

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