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Topic: DOGECOIN NOW ON Cryptsy! YAYYYY - page 2. (Read 10618 times)

kju
newbie
Activity: 20
Merit: 0
December 18, 2013, 10:04:31 PM
Today, the average person can get 1 bitcoin, for around $600, or around 1,000,000 Dogecoins.

Well, this is only if you stick to these units. If the BTC price rises again and rises more, using BTC as the base unit becomes increasingly less useful and people will probably start to use mBTC as the main working unit. And then the question is no longer if you get 1 or 100 BTC but 1 or 100 mBTC which lowers the "psychological thing" based "entry point" by a factor of 1000.

Also saying "there are more (potential) coins of X than of Y" is somewhat pointless and only makes sense if you totally ignore that you are not trading in full, indivisible coins but in fractions down to the smallest possible value which can be expressed in that currency (e.g. 1 satoshi). You need to compare the possible amount of the smallest possible value. Without having checked it, this is probably still in favor for Dogecoin, but if for example Dogecoin would have only one decimal after the dot (smallest unit 0.1 Doge) it would not. Therefore I don't think that comparing the number of "full" coins makes sense, even when recognizing the "psychological thing".

sr. member
Activity: 452
Merit: 250
December 18, 2013, 09:56:16 PM
By the way. The larger volume of coins, the lower the entry point, which allows more people to be actively invested in the coin. It's psychological thing.

Today, the average person can get 1 bitcoin, for around $600, or around 1,000,000 Dogecoins.

Hypothetically speaking, Doge may have more interest or an overall higher market cap than most other coins simply because there is more coins in circulation.

100,000,000,000 Was actually a very smart number. From the start, I believe 21,000,000 was one of the biggest failures in bitcoin, causing the entry point to be so damn high.

By the same token, the high entry point of bitcoin does cause some very real attention. Either way, Doge releasing this amount of coins, at this time, with the viral potential to gain mainstream attention, was almost the perfect storm of right things to do.

Just some food for thought for those people who keep saying how many coins there are or how easy it was to get them as a bad thing. Trust me as an active miner, the difficulty exploded just in the last few days.
To what?  Higher than LTC? Higher than say WDC? Doubt it. Add the fact you get much less coin from those to listed per block... get what I am saying?

No I dont, please elaborate.

By the way, the market cap doubled today.
hero member
Activity: 672
Merit: 501
December 18, 2013, 09:51:13 PM
By the way. The larger volume of coins, the lower the entry point, which allows more people to be actively invested in the coin. It's psychological thing.

Today, the average person can get 1 bitcoin, for around $600, or around 1,000,000 Dogecoins.

Hypothetically speaking, Doge may have more interest or an overall higher market cap than most other coins simply because there is more coins in circulation.

100,000,000,000 Was actually a very smart number. From the start, I believe 21,000,000 was one of the biggest failures in bitcoin, causing the entry point to be so damn high.

By the same token, the high entry point of bitcoin does cause some very real attention. Either way, Doge releasing this amount of coins, at this time, with the viral potential to gain mainstream attention, was almost the perfect storm of right things to do.

Just some food for thought for those people who keep saying how many coins there are or how easy it was to get them as a bad thing. Trust me as an active miner, the difficulty exploded just in the last few days.
To what?  Higher than LTC? Higher than say WDC? Doubt it. Add the fact you get much less coin from those to listed per block... get what I am saying?
sr. member
Activity: 452
Merit: 250
December 18, 2013, 09:48:29 PM
By the way. The larger volume of coins, the lower the entry point, which allows more people to be actively invested in the coin. It's psychological thing.

Today, the average person can get 1 bitcoin, for around $600, or around 1,000,000 Dogecoins.

Hypothetically speaking, Doge may have more interest or an overall higher market cap than most other coins simply because there is more coins in circulation.

100,000,000,000 Was actually a very smart number. From the start, I believe 21,000,000 was one of the biggest failures in bitcoin, causing the entry point to be so damn high.

By the same token, the high entry point of bitcoin does cause some very real attention. Either way, Doge releasing this amount of coins, at this time, with the viral potential to gain mainstream attention, was almost the perfect storm of right things to do.

Just some food for thought for those people who keep saying how many coins there are or how easy it was to get them as a bad thing. Trust me as an active miner, the difficulty exploded just in the last few days.
legendary
Activity: 1386
Merit: 1023
December 18, 2013, 09:41:58 PM
Warning again. If you think you are going to put DOGE on cryptsy and make money. You will regret it.

It's crashing over there. It's (DOGE) down 50% in 1 hour.

AND guess what - when you do sell at a loss you will have your withrawal frozen.

They are not letting ANYONE take money out since the crash.
kju
newbie
Activity: 20
Merit: 0
December 18, 2013, 09:39:47 PM
Umm a lot happens in a couple days. Try mining it now.

I started mining them just on CPU on two machines a few hours ago. Over 700 Doge in three hours which if it stays at this would still be 20000 Doge in three days. For GPU mining it would quite some more. The poster you replied to said he made a few hundred thousands in a few days, so it seems that the mining results are still not that much less.
kju
newbie
Activity: 20
Merit: 0
December 18, 2013, 09:03:23 PM
Well like everyone else and his father I saw the earlier orderbook at Cryptsy where there were bids for like 50 Dogecoins for 0.01 BTC each, so that would have been a nice profit. Wasn't meant to be Smiley
newbie
Activity: 42
Merit: 0
December 18, 2013, 09:03:02 PM
Moon!
kju
newbie
Activity: 20
Merit: 0
December 18, 2013, 08:56:17 PM
I entered my Cryptsy Dogecoin Deposit Address at a few faucets and actually got 15 Doge credited after 45 minutes or so. Then I placed an order to sell these. Now I have NO pending order, NO executed order but also NO more 15 Doge available. Cryptsy must be run by freaking idiots, but what can you expect from a exchange where orderbooks all the time show matching entries at bid and ask (which should have already been resolved by trading) or even higher bids than asks... What a joke.

Edit: After another 15 minutes or so now my trade is shown as executed. Well.
copper member
Activity: 1380
Merit: 504
THINK IT, BUILD IT, PLAY IT! --- XAYA
December 18, 2013, 08:35:28 PM
where is the source code for this coin?

Search on Github. It's there.
legendary
Activity: 1260
Merit: 1001
December 18, 2013, 08:22:00 PM
where is the source code for this coin?
hero member
Activity: 784
Merit: 501
December 18, 2013, 08:20:44 PM
And the coins are there, 0.0002

0.00001100 now  Grin

500 satoshi now... dropping like a stone...

300 now...

people love to sell cheap

edit: 155 satoshi

I would still make a 6 fold profit at that price. But with my luck my coins will show up when the price drops to 1 satoshi. Sad
hero member
Activity: 672
Merit: 501
December 18, 2013, 08:17:28 PM
Umm big block rewards mean more coins are out there. Look at inf coin for reference. Be ready to stay around this price point if not lower.

You guys just got played and someone just got rich off you guys.
hero member
Activity: 784
Merit: 501
December 18, 2013, 08:15:09 PM
who the f pushed the price so low  Roll Eyes

See post just before yours.
sr. member
Activity: 294
Merit: 250
December 18, 2013, 08:13:31 PM
And the coins are there, 0.0002

0.00001100 now  Grin

500 satoshi now... dropping like a stone...

300 now...

people love to sell cheap

edit: 155 satoshi
hero member
Activity: 784
Merit: 501
December 18, 2013, 08:13:07 PM
#99
Coins are still pending. It takes forever. Sad
full member
Activity: 210
Merit: 100
December 18, 2013, 08:12:33 PM
#98
who the f pushed the price so low  Roll Eyes
newbie
Activity: 50
Merit: 0
December 18, 2013, 08:07:10 PM
#97
i put in a buy order for 40 million  at  0.00000003    sounds about  right
member
Activity: 112
Merit: 10
December 18, 2013, 08:00:28 PM
#96
And the coins are there, 0.0002

0.00001100 now  Grin
newbie
Activity: 50
Merit: 0
December 18, 2013, 08:00:17 PM
#95
the first person who   gets their coins on their will get a nice treat  of about 4btc,  then  i'm afraid the price will be very low, there's  so many coins it should of probably been put in the LTC section,  
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