Topic: Why DOGECoin will go up 3000% again - page 3. (Read 14888 times)

No. No normal infrastructure for DOGE. The joke will come to end soon. No perspectives.   

i hope too, may be doge will go up to 3000 staoshi in the end of this year.

True that.

Dead Cat Roll, Pump and Dump, and Flatline.
Featuring: Blackcoin, Dogecoin, Mintcoin, and Cinnicoin

http://www.judgecrypto.com/news/dead-cat-slide-dcs

Judge Crypto
www.judgecrypto.com

Only one coin for a given algo can remain. Others will be attacked or wither away due to the threat of attack.

I think it should switch to PoS.

Yes you are definitely right. The supply at first was huge, now it has drastically slowed down. The problem will scypt asic will arise for many coins soon.

keep your dogecoin guys! it will be worth more and more! its only 5 months old coin and 3 already

Should i aim to get dogecoins right now then? damn i sold them all just to see if trading works.

Dogecoin is horribly coded , block rewards  halves too fast leaving the coin very unprofitable to mine . Miners are all ready leaving http://bitinfocharts.com/comparison/hashrate-ltc-doge.html

Scrypt asics will 51% it in a couple of months unless they merge mine with litecoin.

Dogecoin is a winner in 2014,
just the fact that is in the top 10 altcoin since the begging days
shows that there is something to it
but I think most of all its the community

Smaller economy? Please. It is among the top altcoins if you look at its market cap. Doge is sitting at $ 35,383,696 right now.

Exactly - its just a copy of the coins and it has a smaller economy. It will be seen as what it is a copycat. The advertisement will help bitcoin community more than dogecoin.

No Darkcoin is not a rip off from Quark. Dogecoin has a very active community, bagholders or not. Which coin is good in your perspective then?

I wouldn't say dead, but one foot in the grave definitely. Too many coins, not enough economic planning, sad because the community is great.

Sounds bad!! (From DOGE user's perspective)

Is DOGECOIN Dead?

http://www.judgecrypto.com/1/post/2014/05/the-death-of-dogecoin.html

Judge Crypto
www.judgecrypto.com

I believe community is the most important attribute of a coin, and Dogecoin has a strong community when compared to other alt-coins.  

That being said, it seems to me that DOGE has a huge glaring problem:

I understand that by January 2015 (8 months from now), the dogecoin inflation rate will have dropped to 10,000 DOGE per minute.  Right now the market value of 1 DOGE is approximately equal to 1 bit.  If we assume that dogecoin has the same value relative to bitcoin in January 2015, then the inflation rate per hour would be roughly 1 bit/DOGE x 10,000 DOGE / min x 60 min / hour = 600,000 bits = 0.6 BTC / hour.  

In a competitive market, the cost to mine a coin should be roughly equal to the market value of the coins mined.  This suggests that the cost to 51% attack the DOGE network would be a measly 0.6 BTC / hour.  At today's price for bitcoin, that is only $262 per hour.  

Can the litecoin miners easily mine dogecoin?  If this is the case, what is stopping a malicious pool from paying out litecoin miners slightly more than the litecoin inflation rate for their hash power, and then use that hashpower to 51% attack doge?  In fact, there could be a large profit motive to do so if the attacker could build up a large short position in DOGE prior to switching the hash power from "nice" to "attack mode."

It seems like someone will be motivated to kill dogecoin by next January unless something significant changes.  Could Dogecoin be merge mined with Litecoin to increase its hashrate?  Or could dogecoin by spun-off into a PoS consensus network?

Is no one else worried about the huge drop in network hashrate relative to the total pool of available script hashpower that DOGE will experience over the next 8 months?  Or am I missing something and this isn't actually a problem or has already been solved?

I am not greedy 150 is enuff 

When double what? I don't think it happened.