Author

Topic: Making money on DOGE? (Read 879 times)

newbie
Activity: 28
Merit: 0
January 12, 2014, 05:44:29 AM
#19
Calling it marketing is an insult towards marketing. It became viral because of an established.
member
Activity: 84
Merit: 10
January 11, 2014, 09:30:00 PM
#18
DOGE's only value is in it's marketing machine, which is way better than most alt-coins.
But it's still not BTC or LTC.
newbie
Activity: 22
Merit: 0
January 11, 2014, 09:24:46 PM
#17
In my opinion DOGE is like a lottery....

$50/$ 0.00037= I can be rich (build castles in the air - on)

Dreaming is free!!!!  Grin Grin Grin Grin Grin
newbie
Activity: 6
Merit: 0
January 11, 2014, 09:14:00 PM
#16
this is a good idea
member
Activity: 90
Merit: 10
January 11, 2014, 08:51:55 PM
#15
DOGE!! Angry
newbie
Activity: 5
Merit: 0
January 11, 2014, 08:44:59 PM
#14
the diff is lof for now, bot is increasing...
sr. member
Activity: 252
Merit: 250
January 11, 2014, 08:28:34 PM
#13
THe thing with the block halving is that it will be the half amount of doges created/pay from what it is today, This will reduce inflation by 50% form what it is today, the coin will not likely 50 fold, but 2-3 fold no doubt. And after that its just up to the people backing it Smiley But still its a coin that reck 384billions ( I think), and that means the coin will most likely never reach a high value, I think it will stay around som hundreds satoshis.
If i am not wrong 2 Fold is already happened.
So 50 fold is not so hard and not so far but its just matters how far we crypto members will be alive supporting DOGs
sr. member
Activity: 260
Merit: 250
January 11, 2014, 08:17:26 PM
#12
Don't have much to say for the following few weeks. I am considering BTC and LTC are most stable ones atm.
For now, comparing to LTC, and if you look at the DOGE/BTC and DOGE/LTC profitability ratios you can certainly make more than mining LTC.
newbie
Activity: 19
Merit: 0
January 11, 2014, 08:00:32 PM
#11
im mining doge coin to.
newbie
Activity: 1
Merit: 0
January 11, 2014, 07:54:38 PM
#10
Hi dudes. Smiley
legendary
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
January 11, 2014, 05:42:03 PM
#9
quit dreaming

10-20% increase at most (which isnt much)
newbie
Activity: 33
Merit: 0
January 11, 2014, 05:39:35 PM
#8
Lol 50 fold. It will definitely not increase by 50x
member
Activity: 84
Merit: 10
January 11, 2014, 05:12:40 PM
#7
THe thing with the block halving is that it will be the half amount of doges created/pay from what it is today, This will reduce inflation by 50% form what it is today, the coin will not likely 50 fold, but 2-3 fold no doubt. And after that its just up to the people backing it Smiley But still its a coin that reck 384billions ( I think), and that means the coin will most likely never reach a high value, I think it will stay around som hundreds satoshis.
legendary
Activity: 980
Merit: 1004
January 11, 2014, 04:42:58 PM
#6
I lost some money when it came out but I made a little back yesterday and I still have a little. I'm trying to get my miner working because it's hard to want to throw a lot of money at this at least my roommate will pay half the electric bill.
newbie
Activity: 44
Merit: 0
January 11, 2014, 04:38:50 PM
#5
DOGE is right now in huge favor. It has quite a big fan base and it's rising and falling steadily. You could maybe make money of it.
newbie
Activity: 28
Merit: 0
January 11, 2014, 04:36:48 PM
#4
Yes that is true, few weeks the block reward will be half and price will rise up. Whoever mined abd sold directly they are selling so cheap. May be it will go 20-50 fold higher then recent price.

50 fold lol Grin

What magic-math is behind this?
vip
Activity: 840
Merit: 1000
January 11, 2014, 12:39:28 PM
#3
Yes that is true, few weeks the block reward will be half and price will rise up. Whoever mined abd sold directly they are selling so cheap. May be it will go 20-50 fold higher then recent price.

50 fold lol Grin
sr. member
Activity: 252
Merit: 250
January 11, 2014, 12:37:48 PM
#2
Yes that is true, few weeks the block reward will be half and price will rise up. Whoever mined abd sold directly they are selling so cheap. May be it will go 20-50 fold higher then recent price.
newbie
Activity: 28
Merit: 0
January 11, 2014, 12:32:49 PM
#1
Has anyone made any money either trading DOGE or mining it?  I've mined it over at Multipool.us and was, for awhile, auto-selling it, but I hear that soon the block will half and it'll be harder to mine a lot of coins and, therefore, the price should increase.  So, in their estimation if one has any DOGE, they should hold it for a few weeks until this happens.  Does anyone have any insight into this?  I'm not sure on the mechanics of a block halving, but that's what I was told.

Thanks,
Scott
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