Author

Topic: DOGECoin Price (Read 2737 times)

sr. member
Activity: 341
Merit: 250
January 10, 2015, 03:10:53 PM
#18
I think price will raise. Even a little bit. A price over 1$ per unit would be awesome

I don't know if 1$ per unit is realistic.

In my opinion it is more probable for Dogecoin to gain half of bitcoin market cap, than for bitcoin to show the same amount of growth in the same period of time.


1$ per unit would give it a market cap of $97,396,922,074

People are not sure if Bitcoin can get a $97 billion market cap, never mind Doge. I don't think it's realistic Doge could be worth that much in the foreseeable future.
sr. member
Activity: 1330
Merit: 289
January 10, 2015, 01:36:19 PM
#17
I think price will raise. Even a little bit. A price over 1$ per unit would be awesome

I don't know if 1$ per unit is realistic.

In my opinion it is more probable for Dogecoin to gain half of bitcoin market cap, than for bitcoin to show the same amount of growth in the same period of time.
newbie
Activity: 28
Merit: 0
January 10, 2015, 01:32:12 PM
#16
Here are some infos:

"Block reward halvings tend to be pretty hectic times. The supply of Dogecoin being mined is cut in half — meaning the Dogecoin economy will only be seeing 180 million new coins everyday versus the current 360 million new coins. In theory, this should also ease the massive selling pressure caused by multi-pools dumping Dogecoin for BTC. With 50% less dumping occurring, the price will have an easier time either stabilizing or increasing.

What are the implications of this?

The implications of this are mostly unknown. Nothing is certain when it comes to cryptocurrencies; however, we can speculate and make some educated guesses. Assuming the demand for Dogecoin remains the same, it makes sense to expect the price to go up since the supply will be drastically reduced. Dogecoin is very abundant right now. Anyone can get their hands on some rather easily either for free or without much of an investment. Psychologically, I think this upcoming halving will also strike cryptocurrency investors with the fear of scarcity and provoke some buying."
sr. member
Activity: 1330
Merit: 289
January 10, 2015, 11:08:32 AM
#15
I waiting to see what would be the impact on the price when the 100 billion mark has been reached. Surely this would be something positive.

Dogecoin Last Block "Halving" Countdown

Estimated February 24, 2015

http://operationmoonshot.com/halving
Q7
sr. member
Activity: 448
Merit: 250
January 10, 2015, 10:44:59 AM
#14
I waiting to see what would be the impact on the price when the 100 billion mark has been reached. Surely this would be something positive.
newbie
Activity: 28
Merit: 0
January 10, 2015, 09:12:46 AM
#13
I think price will raise. Even a little bit. A price over 1$ per unit would be awesome.
Anyway, we have other great coins to invest into, like litecoin,ppc.
hero member
Activity: 910
Merit: 1000
January 10, 2015, 08:29:01 AM
#12
dogecoin has nothing to offer besides a dog
Well most of the people I meet in the real world, only know of bitcoin and dogecoin, so I definitely think that is one reason for it to have some worth.
sr. member
Activity: 1330
Merit: 289
January 10, 2015, 08:15:33 AM
#11
dogecoin has nothing to offer besides a dog

Yes - it has nothing to offer (Dogecoin has more community support than all altcoins combined.)

Look At The Charts:

https://bitinfocharts.com/charts.html
Dogecoin has the highest usage of any altcoin, including Litecoin (excluding off-chain tipping).
sr. member
Activity: 456
Merit: 250
January 10, 2015, 08:13:30 AM
#10
dogecoin has nothing to offer besides a dog
sr. member
Activity: 1330
Merit: 289
January 10, 2015, 08:12:11 AM
#9
Just wondering, what do you guys think?
The price for this coin will rise or not?

Today value: 1000 dogecoins=0,1731USD


The only reason for doge to rise in the first place was when people were crazy for it. Recently, I dont see any new updates
or any of its followers going crazy over it, so I personally think it will decrease in value. But I maybe wrong.

You don't see any updates:

January, 2015

Bitcoin/Dogecoin cross-chain transactions

The new altcoins have been hogging all the fun new toys, and it's time we showed you can teach an old(ish) doge new tricks... CATE (Cross-chain Atomic Trading Engine) is a bridging application that sits between any two Bitcoin Core 0.9+ derived clients (although only tested with Bitcoin and Dogecoin so far) and enables transactions between the two blockchains.

Testing is ongoing, and right now it's really only intended for developer use/experiments, but the basics all work, and you can see the code right now at https://github.com/rnicoll/cate Immediate priorities are improved documentation, further testing (especially AuxPoW blocks), producing a specific intermediary library to add altcoin support to python-bitcoinlib (instead of just using a fork of that library), and giving it a half-decent UI, but the code's far enough along for others to start poking at it now. You can read up on the theory of how this works at

https://en.bitcoin.it/wiki/Atomic_cross-chain_trading

https://www.reddit.com/r/CryptoCurrency/comments/2re9sz/bitcoindogecoin_crosschain_transactions/

ROSS NICOLL bio:

Ross Nicoll is one of the lead technical volunteers on the Dogecoin
protocol, reference client, and various other client and server
applications which use the Dogecoin blockchain. He has been involved in
cryptocurrencies since 2011, and joined the Dogecoin team in early 2014
to help redevelop Dogecoin based on the Bitcoin Core software. He
frequently writes columns for the Dogecoin community, and more recently
has also worked on Dogecoin support for Toshi.

Ross has a background in academic research, and is a part-time PhD
candidate with the University of St Andrews looking at approaches to use
of technology to reduce overheads in higher education. He has a broad
and varied background including distributed computing, Forex analysis,


http://bitcoinexpo2015.com/ross-nicoll/


DOGEPARTY ASSETS - CRYPTO 2.0 TECHNOLOGY FOR DOGECOIN ENTHUSIASTS

http://www.cryptoarticles.com/crypto-news/dogeparty-assets-crypto-20-technology-for-dogecoin-enthusiasts

Blockstrap 1.82 million API requests

Interestingly there were more requests for the altcoins in our first month than for Bitcoin - and almost as many for Dogecoin as there were for Litecoin and Bitcoin combined - highlighting that some of the exciting ideas in development at the moment aren’t exclusive to just the one coin.

http://blockstrap.com/en/blog/blockstrap-begins/

HTML5 framework and API for Bitcoin, Litecoin, and Dogecoin

http://blockstrap.com/

MORE:

https://bitcointalk.org/index.php?topic=800004.0;all
full member
Activity: 182
Merit: 100
January 10, 2015, 07:59:25 AM
#8
Just wondering, what do you guys think?
The price for this coin will rise or not?

Today value: 1000 dogecoins=0,1731USD


The only reason for doge to rise in the first place was when people were crazy for it. Recently, I dont see any new updates
or any of its followers going crazy over it, so I personally think it will decrease in value. But I maybe wrong.
sr. member
Activity: 1330
Merit: 289
January 10, 2015, 07:37:52 AM
#7
Just wondering, what do you guys think?
The price for this coin will rise or not?

Today value: 1000 dogecoins=0,1731USD



Hype and popularity are Dogecoins keys for success.
And to give credit where credit is due Dogecoin has had amazing support from before launch that has dominated sites like Reddit, why...That's beyond me, but it has and continues to do so.
Too many coins constantly being created forever will eventually drive the price into the ground, the hype will wear out and core fundamentals will prevail as usual.
There will be something new on the HYPE, maybe try and catch that boat, just don't be the behind the last person to get into the lifeboat when it capsizes too.

 

"Too many coins constantly being created forever will eventually drive the price into the ground, the hype will wear out and core fundamentals will prevail as usual."



Currency supply:

Dogecoin and bitcoin estimated inflation rate for the next 10 years.

2015: Bitcoin: 10.00% | Dogecoin: 5.20%
2016: Bitcoin: 9.09%   | Dogecoin: 4.94%
2017: Bitcoin: 4.17%   | Dogecoin: 4.71%
2018: Bitcoin: 4.00%   | Dogecoin: 4.50%
2019: Bitcoin: 3.85%   | Dogecoin: 4.30%
2020: Bitcoin: 3.70%   | Dogecoin: 4.13%
2021: Bitcoin: 1.79%   | Dogecoin: 3.96%
2022: Bitcoin: 1.75%   | Dogecoin: 3.81%
2023: Bitcoin: 1.72%   | Dogecoin: 3.67%
2024: Bitcoin: 1.69%   | Dogecoin: 3.54%

“The goal for the currency is to keep approximately 100 billion coins in circulation - thus after 100 billion Dogecoins are created, rewards will continue at 10k each block. This will help maintain mining and stabilize the number of coins in circulation (considering lost wallets and various other ways coins may be destroyed) at 100 billion.”
https://github.com/dogecoin/dogecoin/issues/23#issuecomment-33893149
newbie
Activity: 28
Merit: 0
January 10, 2015, 12:51:31 AM
#6
When bitcoin was less than 10$, I was spending them.
When price reached 1000$, I was shocked.
Hope DOGECoin will have a bright future.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
January 09, 2015, 11:55:07 PM
#5
Just wondering, what do you guys think?
The price for this coin will rise or not?

Today value: 1000 dogecoins=0,1731USD



it'll rise when and if it'll rise.  for now just stay away. 
full member
Activity: 143
Merit: 100
January 09, 2015, 11:16:36 PM
#4
Quote
Too many coins constantly being created forever will eventually drive the price into the ground, the hype will wear out and core fundamentals will prevail as usual.
There will be something new on the HYPE, maybe try and catch that boat, just don't be the behind the last person to get into the lifeboat when it capsizes too.
Either this...
or Dogecoin follows the ghost of Bitcoin:

legendary
Activity: 1628
Merit: 1012
January 09, 2015, 11:05:28 PM
#3
Just wondering, what do you guys think?
The price for this coin will rise or not?

Today value: 1000 dogecoins=0,1731USD



Hype and popularity are Dogecoins keys for success.
And to give credit where credit is due Dogecoin has had amazing support from before launch that has dominated sites like Reddit, why...That's beyond me, but it has and continues to do so.
Too many coins constantly being created forever will eventually drive the price into the ground, the hype will wear out and core fundamentals will prevail as usual.
There will be something new on the HYPE, maybe try and catch that boat, just don't be the behind the last person to get into the lifeboat when it capsizes too.

 

"Too many coins constantly being created forever will eventually drive the price into the ground, the hype will wear out and core fundamentals will prevail as usual."

legendary
Activity: 910
Merit: 1006
BCH Advocate.
January 09, 2015, 10:56:25 PM
#2
Just wondering, what do you guys think?
The price for this coin will rise or not?

Today value: 1000 dogecoins=0,1731USD



Hype and popularity are Dogecoins keys for success.
And to give credit where credit is due Dogecoin has had amazing support from before launch that has dominated sites like Reddit, why...That's beyond me, but it has and continues to do so.
Too many coins constantly being created forever will eventually drive the price into the ground, the hype will wear out and core fundamentals will prevail as usual.
There will be something new on the HYPE, maybe try and catch that boat, just don't be the behind the last person to get into the lifeboat when it capsizes too.

 
newbie
Activity: 28
Merit: 0
January 09, 2015, 05:52:56 PM
#1
Just wondering, what do you guys think?
The price for this coin will rise or not?

Today value: 1000 dogecoins=0,1731USD

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