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Topic: Dogecoin: should i buy more?? (Read 2627 times)

legendary
Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
February 07, 2014, 06:24:01 PM
#32
Dogecoin will go up after the block halving due to supply decrease.

And within next few days, second halving will come, and then the third, so they will mine as much as they can.

I am buying as much as i can.

Take a look at the network hashrate. it reached 250k
http://dogechain.info/chain/Dogecoin/statistics
legendary
Activity: 1582
Merit: 1001
February 07, 2014, 01:29:52 PM
#31
Will all depend on whether there are more whales trying to increase there positions than there are whales holding to sell when the price increases.
There was some whales trying to buy a few hundred million yesterday... If they got all they wanted I can see them pushing the price up
hero member
Activity: 675
Merit: 507
Freedom to choose
February 06, 2014, 01:14:06 PM
#30
the halving happened with BTC, but then deflation occurred.
newbie
Activity: 5
Merit: 0
February 06, 2014, 12:40:12 PM
#29
So after halving, if the price doesn't go up significantly, we will only be able to mine half as much with the same GPU power? This could definitely affect a lot of miners willing to mine DOGE.

I was wondering the same thing...
sr. member
Activity: 344
Merit: 250
February 06, 2014, 12:20:17 PM
#28
Doge will not last. Never buy, only mine.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
February 04, 2014, 11:13:59 PM
#27
coinmarket cap show $ 51,162,867

started as a joke but doge is too big now.

it just wont

it just cant

go down.

I actually agree. The community is HUGE , i hated on it early on in the doge thread and didn't mine very much at all when it was easy to. However it was a one of a kind coin. It was the FIRST huge coin for the new wave of miners that swept in. They will always remember that coin and i think now it will be around for the long term. It won't ever happen again. Will there even be another wave as large as the last? I mean gpu's were out of stock for weeks. People at my gym mentioning LTC?

I have gradually traded in and out and increased my position. I am banking on it rising nicely long term.

Scary to hear 27% held my 4 wallets. That's a lot of doge Smiley
legendary
Activity: 896
Merit: 1000
February 04, 2014, 11:07:49 PM
#26
To the OP. Just use the common adage. Spend only what you can afford lose. In either case, you're really just gambling. That's all.
legendary
Activity: 1190
Merit: 1002
Pecvniate obedivnt omnia.
February 04, 2014, 10:16:24 PM
#25
coinmarket cap show $ 51,162,867

started as a joke but doge is too big now.

it just wont

it just cant

go down.
L...O...L... YOU ARE DELIRIOUS
legendary
Activity: 1185
Merit: 1021
February 04, 2014, 10:07:12 PM
#24
coinmarket cap show $ 51,162,867

started as a joke but doge is too big now.

it just wont

it just cant

go down.
newbie
Activity: 2
Merit: 0
February 04, 2014, 09:33:28 PM
#23
Russian government hates crypto's and there is no chance in hell they are going to Evan mention it, but get your hopes up, i'm only trying to warn you, i have nothing against doge community you all just wanna make some cash, i understand, but doge is not where your going to make it, plenty of better choices, be a Shepard not a sheep, please


The Olympics is a world event, If Russian media doesn't report on the topic wat does that have to do with the rest of us. As far as im aware Russia doesn't control the worlds media. Also im definitely not advising people to either buy or sell doge, just stating that it will definitely get mainstream media coverage over the period of the games for obvious reasons, surely u can agree on that. 
legendary
Activity: 1190
Merit: 1002
Pecvniate obedivnt omnia.
February 04, 2014, 08:51:26 PM
#22
Russian government hates crypto's and there is no chance in hell they are going to Evan mention it, but get your hopes up, i'm only trying to warn you, i have nothing against doge community you all just wanna make some cash, i understand, but doge is not where your going to make it, plenty of better choices, be a Shepard not a sheep, please
newbie
Activity: 2
Merit: 0
February 04, 2014, 08:28:01 PM
#21
There has been a lot of hype around doge lately & the winter games should offer some really good positive publicity so u never know anything possible these days.
legendary
Activity: 1022
Merit: 1000
February 04, 2014, 08:22:42 PM
#20
dadon has a point.  Now that we know there will be infinite doge there is little reason to buy them other than to use them for something.  So if you are looking to do something with your doge, then by all means buy away, but just to hold I would not be as optimistic.

The block reward halving should help with the dollars per day needed to sustain the price of doge but bitcoin seems a better "reserve" currency now given that it's amount is fixed, e.g. it makes sense to hold bitcoin and not use it, while doge is the opposite.

So I think your plan of waiting a couple of days is a good one, but I'd lean against exchanging BTC for DOGE, as someone said, no reason why you can't mine it though.
legendary
Activity: 1190
Merit: 1002
Pecvniate obedivnt omnia.
February 04, 2014, 08:08:31 PM
#19
don't buy!!!! buy into something that is a store of wealth, there is enough currency coins, you want commodity coins, bitgem, diamond cryptogenic bullion, bitbar protoshare etc coins that are made to store wealth rather then be a currency, there are a thousand of these already, you wanna make money or you wanna make MONEY!!! bitgem, diamond, crytogenic bullion, bit bar is a bit high now so is protoshare , but these  first 3 are ripe for the picking and all 3 can easily reach 1k per coin, i am holding all 3 of these as well as many others, but these 3 have very competent dev's the community is smaller then some but strong, and a lot of great thinkers getting involved, lots of projects in the works, all are pow+pos coins, rare, and fast, but still secure, these are not cryptocurrencys in my eyes, they are cryptocommodity's  seriously you will kick yourself if you miss out on these, but do what u want woof woof or whatever you all say
legendary
Activity: 1764
Merit: 1006
February 04, 2014, 07:55:54 PM
#18
wait until it's less than 80 satoshi each                                                                                                                                                                                                         
hero member
Activity: 535
Merit: 502
February 04, 2014, 07:23:52 PM
#17
so if the blocks halve it makes mining harder...so many miners will switch to a different coin right?  So, less demand/interest for DOGE?  Price drops?



full member
Activity: 227
Merit: 100
February 04, 2014, 07:19:27 PM
#16
It was a long time since some alt coin received this much attention
sr. member
Activity: 344
Merit: 250
February 04, 2014, 05:56:39 PM
#15
Do not buy. Sooner or later it will go down, cos its joke coin. You can mine it, but do not buy. Buy solid coins like Infinitecoin.
full member
Activity: 238
Merit: 100
Stand on the shoulders of giants
full member
Activity: 224
Merit: 100
February 04, 2014, 04:51:46 PM
#13
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