[ANN][DOGE] Dogecoin - very currency many coin - v1.10.0 - page 516.

lynn_402

sr. member

Activity: 462

Merit: 253

Quote from: stslimited on May 31, 2014, 11:49:15 AM

its special and also not very lucrative!

most of a coin's value is its growth potential, and the majority of growth potential comes from having a finite resource. Doge is not a finite resource, even if this won't be noticeable for a few years, the market decision is based on its perpetual inflation

which means it will lose value just like every fiat currency

people don't want that. people never wanted that.

Imho, for the next 20 years cryptocurrencies will grow at a much faster rate than 5% per year, which means that their price will go up even if supply keeps increasing. After that 20 years, the 5 billion inflation will correspond only to 2.5% yearly inflation, which is quite similar to gold's inflation rate, which still manages to be a good store of value.

stslimited

hero member

Activity: 546

Merit: 500

Quote from: lynn_402 on May 31, 2014, 11:39:40 AM

Quote from: Labteck on May 31, 2014, 11:21:19 AM

This coin is not dead.
But is dying,slowly dying.
Doesnt have anything special...people goes to other better cryptos

What's special about Dogecoin is its community, which is way more important than having a brand new technology, for the long-term success of a currency.

Quote from: david1365 on May 31, 2014, 11:29:07 AM

Quote from: Labteck on May 31, 2014, 11:21:19 AM

This coin is not dead.
But is dying,slowly dying.
Doesnt have anything special...people goes to other better cryptos

Dogecoin need to change for survive...special change!

No. It needs to keep being Dogecoin, with all the positive aspects that this imply. No need to adopt a flashy algorithm.

its special and also not very lucrative!

most of a coin's value is its growth potential, and the majority of growth potential comes from having a finite resource. Doge is not a finite resource, even if this won't be noticeable for a few years, the market decision is based on its perpetual inflation

which means it will lose value just like every fiat currency

people don't want that. people never wanted that.

lynn_402

sr. member

Activity: 462

Merit: 253

Quote from: Labteck on May 31, 2014, 11:21:19 AM

This coin is not dead.
But is dying,slowly dying.
Doesnt have anything special...people goes to other better cryptos

What's special about Dogecoin is its community, which is way more important than having a brand new technology, for the long-term success of a currency.

Quote from: david1365 on May 31, 2014, 11:29:07 AM

Quote from: Labteck on May 31, 2014, 11:21:19 AM

This coin is not dead.
But is dying,slowly dying.
Doesnt have anything special...people goes to other better cryptos

Dogecoin need to change for survive...special change!

No. It needs to keep being Dogecoin, with all the positive aspects that this imply. No need to adopt a flashy algorithm.

david1365

legendary

Activity: 994

Merit: 1000

Quote from: Labteck on May 31, 2014, 11:21:19 AM

This coin is not dead.
But is dying,slowly dying.
Doesnt have anything special...people goes to other better cryptos

Dogecoin need to change for survive...special change!

Labteck

sr. member

Activity: 311

Merit: 250

This coin is not dead.
But is dying,slowly dying.
Doesnt have anything special...people goes to other better cryptos

signorama

sr. member

Activity: 336

Merit: 250

Doge used to be the "thing". Well every "thing" passes. It might be Doges time. The problem now is how to back-off with least damage to my resources.

lynn_402

sr. member

Activity: 462

Merit: 253

Quote from: BayAreaCoins on May 31, 2014, 11:05:06 AM

I might buy at 1 satoshi again, but I'm not sure if it's worth it.

So you're saying that all the Dogecoins should be worth less than 500000 dollars? Wink

BayAreaCoins

legendary

Activity: 4018

Merit: 1250

Owner at AltQuick.com

I might buy at 1 satoshi again, but I'm not sure if it's worth it.

adud

newbie

Activity: 19

Merit: 0

Quote from: lynn_402 on May 31, 2014, 09:31:49 AM

Quote from: cozk on May 31, 2014, 09:20:23 AM

Doge is dead.

Volume in circulation is way too big considering the lowest denomination of the bitcoin that is the satoshi.

Volume is so huge it will hit 1 satoshi in no time if there is a panic sell.

One could argue that panic selling has been going on for quite some time now Wink

And our trade volume is awesome; we're the fourth most traded coin, and we managed not to crash to ridiculous levels. Really, traders like that liquiditiy.

Yeah, and because of that big volume in circulation panic selling is going on a little longer than with other cryptos.

It remains to be seen how low will it go, but doge will not die, because if doge dies the result for crypto world would be much worse than anything we witnessed so far (SR, mtgox, china). I believe in doge :-)

ShibaWow

member

Activity: 112

Merit: 10

Quote from: cozk on May 31, 2014, 09:20:23 AM

Doge is dead.

Volume in circulation is way too big considering the lowest denomination of the bitcoin that is the satoshi.

Volume is so huge it will hit 1 satoshi in no time if there is a panic sell.

silly little man
Doge can't die
doge is infinite

lynn_402

sr. member

Activity: 462

Merit: 253

Quote from: ShiThing on May 31, 2014, 09:39:46 AM

just updated to 1.6.
hope doge will rise.

Actually, the current version is 1.7, but I'm not sure if there's much difference (although it is indeed more beautiful!)

ShiThing

member

Activity: 60

Merit: 10

just updated to 1.6.
hope doge will rise.

lynn_402

sr. member

Activity: 462

Merit: 253

Quote from: oktay50000 on May 31, 2014, 07:04:31 AM

and really who mine doge now? exept multi pools?
becasue of block halving and its right on next halving coin will be dead
correct me if im wrong

All the people who care about Dogecoin? And the thousands of noobs with GPU who simply want to have doges without the trouble of passing through other cryptos?
IIRC, the DogecoinDefenceForce was contributing about 2 gh/s alone to Dogecoin, dedicated to do it even if it gets unprofitable. http://www.reddit.com/r/DogecoinDefenseForce/

lynn_402

sr. member

Activity: 462

Merit: 253

Quote from: cozk on May 31, 2014, 09:20:23 AM

Doge is dead.

Volume in circulation is way too big considering the lowest denomination of the bitcoin that is the satoshi.

Volume is so huge it will hit 1 satoshi in no time if there is a panic sell.

One could argue that panic selling has been going on for quite some time now Wink

And our trade volume is awesome; we're the fourth most traded coin, and we managed not to crash to ridiculous levels. Really, traders like that liquiditiy.

cozk

hero member

Activity: 812

Merit: 500

Doge is dead.

Volume in circulation is way too big considering the lowest denomination of the bitcoin that is the satoshi.

Volume is so huge it will hit 1 satoshi in no time if there is a panic sell.

WhoCaresCoins

hero member

Activity: 596

Merit: 500

F*CK WHALES!

Quote from: Kergekoin on May 31, 2014, 07:18:38 AM

Expect DOGE to gain a at least a little soon.

more time need to wait.
it is still droping.

Kergekoin

hero member

Activity: 546

Merit: 500

Expect DOGE to gain a at least a little soon.

MrHobbits

newbie

Activity: 1

Merit: 0

Quote from: oktay50000 on May 31, 2014, 07:04:31 AM

and really who mine doge now? exept multi pools?
becasue of block halving and its right on next halving coin will be dead
correct me if im wrong

I do, and I don't use multipoools. I don't think this coin is going anywhere. Whoever up above us said it best, that we're shaking off the 'dead fruit' as it would be and keeping those who are serious. Block halving doesn't make a difference unless you're concerned about profitability instead of stability. Sure the doge price went down, just like BTC did, but look at it now. (I will keep in mind that they have (a) a 'foundation' and some form of leadership and (b) have teams dedicated to PR and Dev.)

Don't worry about "now," worry about next year. If you stare at your feet you'll never get to where you're going.

devphp

sr. member

Activity: 336

Merit: 260

Quote from: oktay50000 on May 31, 2014, 07:04:31 AM

and really who mine doge now? exept multi pools?
becasue of block halving and its right on next halving coin will be dead
correct me if im wrong

Correct you in what? Summer will be slow for all cryptos. Strong hands that see value accumulate them at low prices. Weak hands and miners who need to cover costs sell. It's that easy.

stompix

legendary

Activity: 2912

Merit: 6403

Blackjack.fun

Quote from: oktay50000 on May 31, 2014, 07:04:31 AM

and really who mine doge now? exept multi pools?
becasue of block halving and its right on next halving coin will be dead
correct me if im wrong

Yes you are wrong. You think the coin is all about mining.
No , it is not!

Mining is such a little thing that does nothing to the price of the coin.

Check the hash rate and the price of bitcoin and you'll get your example.
And nobody is making plans to change the reward block in bitcoin or anything like that to please miners.
Actually nobody gives a damn about miners except for themselves.

Topic: [ANN][DOGE] Dogecoin - very currency many coin - v1.10.0 - page 516. (Read 3100004 times)