Dogecoin halving next week. Inflation cut by 50%.

faraway

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Quote from: rippleme on July 16, 2014, 12:38:13 PM

Quote from: roslinpl on July 16, 2014, 12:29:38 PM

Quote from: rippleme on July 16, 2014, 12:22:27 PM

I think what Dogecoin needs is more adoption to actually buy things with it. Devs should also think about getting the coin accepted by more retailers together with adding new features.

I think that the biggest problem of Dogecoin is a supply . Which is definitely too big.
If there would be 60M things with the value would be different.

But ... at least now have a lot of Dogecoin millionaires Wink

True, so many coins will bring the value down. But at least if they could be spent to buy something, wouldn't that be better?

When we look at Darkcoin and the masternode function. The implementation is more an issue than something really useful, and operational. The only goal they have in mind is to get for free 20% of the new coins generated by the POW. Dogecoin has no scam feature, and is well supported and known, It may come back and get all the attention.

rippleme

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Quote from: roslinpl on July 16, 2014, 12:29:38 PM

Quote from: rippleme on July 16, 2014, 12:22:27 PM

I think what Dogecoin needs is more adoption to actually buy things with it. Devs should also think about getting the coin accepted by more retailers together with adding new features.

I think that the biggest problem of Dogecoin is a supply . Which is definitely too big.
If there would be 60M things with the value would be different.

But ... at least now have a lot of Dogecoin millionaires Wink

True, so many coins will bring the value down. But at least if they could be spent to buy something, wouldn't that be better?

roslinpl

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Activity: 2212

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Quote from: rippleme on July 16, 2014, 12:22:27 PM

I think what Dogecoin needs is more adoption to actually buy things with it. Devs should also think about getting the coin accepted by more retailers together with adding new features.

I think that the biggest problem of Dogecoin is a supply . Which is definitely too big.
If there would be 60M things with the value would be different.

But ... at least now have a lot of Dogecoin millionaires Wink

rippleme

newbie

Activity: 33

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I think what Dogecoin needs is more adoption to actually buy things with it. Devs should also think about getting the coin accepted by more retailers together with adding new features.

roslinpl

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Quote from: lynn_402 on July 16, 2014, 09:46:26 AM

Quote from: roslinpl on July 15, 2014, 09:26:21 PM

Doge price seems flat before this halving ..

I was hoping that it will drop to 25 or some .. but perhaps this will happen after halving Wink

or ... or I am wrong and I will be happy even more.

For now I am waiting to see what will happen.

Not sure which way it will go. There's 90 BTC of doges who need to be bought before reaching 45 sat, but there's also 120 BTC ready to buy doges at 33 or higher. Wether it goes up or down, volume will most likely be huge Cheesy

Indeed a Doge volume is pretty high all the time. A number of trades done by doge traders is huge. Every hour hundreds of doges are traded... but it seems not helping the price to go up...

lynn_402

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Quote from: roslinpl on July 15, 2014, 09:26:21 PM

Doge price seems flat before this halving ..

I was hoping that it will drop to 25 or some .. but perhaps this will happen after halving Wink

or ... or I am wrong and I will be happy even more.

For now I am waiting to see what will happen.

Not sure which way it will go. There's 90 BTC of doges who need to be bought before reaching 45 sat, but there's also 120 BTC ready to buy doges at 33 or higher. Wether it goes up or down, volume will most likely be huge Cheesy

roslinpl

legendary

Activity: 2212

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Doge price seems flat before this halving ..

I was hoping that it will drop to 25 or some .. but perhaps this will happen after halving Wink

or ... or I am wrong and I will be happy even more.

For now I am waiting to see what will happen.

galbros

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Quote from: amacar on July 09, 2014, 10:18:08 AM

Usually price drops after block halving, but we will see

You called it, nice going, doge hovering around 40 satoshi from mid 40s earlier.

I think the issue is that while doge's block reward reductions do reduce the selling pressure they do nothing to encourage adoption. So there is a little pump before hand but no real ability to follow through.

lynn_402

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Merit: 253

Now at block #299992, so the halving will be in less than 8 minutes!

Less profits will be leeched by multipools from Dogecoin

lynn_402

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Merit: 253

Quote from: YoungTesla on July 10, 2014, 06:25:30 AM

Seems Doge had his best period already. Any reasons it should go up? Not following communities closely these days.

The community and the devs are still active. Discussion about PoS is still going on, and there are awesome projects currently like Voidspace the Steam game which uses Dogecoin as in-game currency, and the lunar rover project were dogecoin-sponsored robots will litteraly race on the moon.

Plus, /r/dogecoin is quite fun and positive lately, it seems the troll have gone away.

undeadknight

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It should go up, the multipool dump would cut in half..

YoungTesla

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Seems Doge had his best period already. Any reasons it should go up? Not following communities closely these days.

lynn_402

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Quote from: amacar on July 09, 2014, 10:18:08 AM

Usually price drops after block halving, but we will see

This, if I recall correctly, was only true for the last one.

amacar

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Usually price drops after block halving, but we will see

lynn_402

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Merit: 253

Quote from: alani123 on July 08, 2014, 11:52:43 PM

I see that there is alot of interest by the development team to do something to help the price recover. What in m opinion isn't being discussed enough is that the price is being driven by people's interest. No matter what the developers strugle to do, if the people don't have an interest to buy on a high price the price increase is never going to happen.

Well, if the developpers work hard and find solutions to keep the coin secure, it will indeed be worth more since nobody will have to worry about the coin being attacked.

XbladeX

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hard to say even non inflation coins can go down so we will see

emdje

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Yes we'll have to see. But supply and demand suggests the price would go up after block halving.

boxuser

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hrmm interesting, i wonder if Doge will rebound

Quote from: 91porn on July 09, 2014, 02:46:40 AM

I will see what happen

91porn

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I will see what happen

alani123

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Leading Crypto Sports Betting & Casino Platform

I see that there is alot of interest by the development team to do something to help the price recover. What in m opinion isn't being discussed enough is that the price is being driven by people's interest. No matter what the developers strugle to do, if the people don't have an interest to buy on a high price the price increase is never going to happen.

Topic: Dogecoin halving next week. Inflation cut by 50%. (Read 2074 times)