[ANN][DOGE] Dogecoin - very currency many coin - v1.10.0 - page 840.

niothor

hero member

Activity: 826

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in defi we trust

Quote from: dewdeded on January 25, 2014, 03:01:18 PM

Normally the price of a coin goes up when the block reward is reduced. Because from this moment, their is less (daily) supply and mining the coin is harder (because of less rewards, independent form diff).

No , It is not normally.
There was one much anticipated block reward split , in BTC case.
The price didn't move.

So you can call it normally in theory , but in practice it didn't happen.

GTX-DoX

full member

Activity: 168

Merit: 100

Any news for this night ? Predictions ? A small dump is happening now I see...

niothor

hero member

Activity: 826

Merit: 501

in defi we trust

Quote from: jootn2kx on January 25, 2014, 02:55:15 PM

So if I understand this correctly when block halving starts 14 february:
- Miners will get less reward (less doges), so miners will go away because its less profitable
- less profitable means that difficulty will drop
- if difficulty drops price will drop also

Is this correct ? so that would mean that when block halving appears we will have a big drop first ?

First is correct but another coin must be more profitable to mine for miners to switch
Second also just like the above.
Third is incorrect.
Difficulty has nothing to do with price. Nor has the halving.
It has been demonstrated in the last years by bitcoin and some other coins.

aimnano

newbie

Activity: 42

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laris2

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CryptoCurrency Evangelist

Such hip, So wow.

Wekkel

legendary

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yes

Time for the daily pics streak again.

DO NOT QUOTE THIS POST

A tip is good enough ... Grin

Dogetastic

dewdeded

legendary

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Monero Evangelist

Normally the price of a coin goes up when the block reward is reduced. Because from this moment, their is less (daily) supply and mining the coin is harder (because of less rewards, independent form diff).

foodies123

sr. member

Activity: 322

Merit: 250

Quote from: jootn2kx on January 25, 2014, 02:55:15 PM

So if I understand this correctly when block halving starts 14 february:
- Miners will get less reward (less doges), so miners will go away because its less profitable
- less profitable means that difficulty will drop
- if difficulty drops price will drop also

Is this correct ? so that would mean that when block halving appears we will have a big drop first ?

first part is true
others are opposed to true

halve->50% less coins->coin price + 100%->miners go ape shit->bubble->some win, most lose->price drops->something else happens->price rises->miners go ape shit->bubble->some win, most lose->price drops->something else happens->price rises->miners go ape shit->bubble->some win, most lose->price drops->something else happens->price rises->miners go ape shit->bubble->some win, most lose->price drops->something else happens->price rises->miners go ape shit->bubble->market stable, coin has real value, small waves up and down, the end.

jootn2kx

full member

Activity: 378

Merit: 101

Estimated.Pro - Crypto Signals. Free.

So if I understand this correctly when block halving starts 14 february:
- Miners will get less reward (less doges), so miners will go away because its less profitable
- less profitable means that difficulty will drop
- if difficulty drops price will drop also

Is this correct ? so that would mean that when block halving appears we will have a big drop first ?

greendice

newbie

Activity: 28

Merit: 0

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G K G

sr. member

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Quote from: LightSpeedPopo on January 25, 2014, 01:06:09 PM

It appears that all of doge will be mined in less than 2 years from now, pretty surprising. I'm guessing the getting will be good before it halves by sometime in February.

in MAY 2015 to be exact

laris2

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CryptoCurrency Evangelist

Quote from: dewdeded on January 25, 2014, 01:48:44 PM

Quote from: Adibandi on January 25, 2014, 01:25:00 PM

Could doge remain the most profitable coin to mine after the halving? I mean with a price increase by x2 at least, you think is possible?

Yeah, possible.

Indeed, possible

dewdeded

legendary

Activity: 1232

Merit: 1011

Monero Evangelist

Quote from: Adibandi on January 25, 2014, 01:25:00 PM

Could doge remain the most profitable coin to mine after the halving? I mean with a price increase by x2 at least, you think is possible?

Yeah, possible.

SCryptoMiners

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Activity: 112

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ajax3592

full member

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Adibandi

sr. member

Activity: 345

Merit: 250

Could doge remain the most profitable coin to mine after the halving? I mean with a price increase by x2 at least, you think is possible?

ryanb

legendary

Activity: 1148

Merit: 1000

i am mining on doge.dedictaedpool and the pool havent found a block in 7 hours is this normal?

utanapisztim

member

Activity: 63

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its good that doges will be mined in such a short time? What happened if all will be mined?

GTX-DoX

full member

Activity: 168

Merit: 100

Quote from: LightSpeedPopo on January 25, 2014, 01:06:09 PM

It appears that all of doge will be mined in less than 2 years from now, pretty surprising. I'm guessing the getting will be good before it halves by sometime in February.

I'm guessing that diff has to rise multiple times and so the price will follow ...

Anyway I hate those buy walls !! They are keeping the price down !

greendice

newbie

Activity: 28

Merit: 0

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Topic: [ANN][DOGE] Dogecoin - very currency many coin - v1.10.0 - page 840. (Read 3099724 times)