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Topic: Why DOGECoin will go up 3000% again - page 3. (Read 14895 times)

newbie
Activity: 14
Merit: 0
May 15, 2014, 02:32:34 AM
i hope too, may be doge will go up to 3000 staoshi in the end of this year.
No. No normal infrastructure for DOGE. The joke will come to end soon. No perspectives.   
legendary
Activity: 1008
Merit: 1000
May 15, 2014, 02:23:18 AM
i hope too, may be doge will go up to 3000 staoshi in the end of this year.
legendary
Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
May 15, 2014, 02:07:14 AM
Scrypt asics will 51% it in a couple of months unless they merge mine with litecoin.

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


True that.
full member
Activity: 238
Merit: 100
May 15, 2014, 02:01:40 AM
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
donator
Activity: 1722
Merit: 1036
May 15, 2014, 01:59:53 AM
Scrypt asics will 51% it in a couple of months unless they merge mine with litecoin.

Only one coin for a given algo can remain. Others will be attacked or wither away due to the threat of attack.
full member
Activity: 137
Merit: 100
May 14, 2014, 05:07:44 PM
I think it should switch to PoS.
legendary
Activity: 2674
Merit: 2965
Terminated.
May 14, 2014, 04:51:09 PM
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.
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.
full member
Activity: 182
Merit: 100
May 14, 2014, 03:31:18 PM
keep your dogecoin guys! it will be worth more and more! its only 5 months old coin and 3 already
newbie
Activity: 45
Merit: 0
May 14, 2014, 03:15:24 PM
Should i aim to get dogecoins right now then? damn i sold them all just to see if trading works. Tongue
hero member
Activity: 770
Merit: 500
May 14, 2014, 03:13:34 PM
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.
member
Activity: 84
Merit: 10
May 14, 2014, 02:44:43 PM
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
legendary
Activity: 2674
Merit: 2965
Terminated.
May 14, 2014, 01:45:14 PM
Lack of features? It has all the things that Bitcoin and Litecoin have, and a passionate community to back it.

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.
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.
sr. member
Activity: 294
Merit: 250
May 14, 2014, 01:09:41 PM
I will wait will the end of April Smiley we will see wtaht will happen.

At the moment I haven't got any Doges, but I consider to buy some Smiley Price is going down so that is stopping me before buying to wait for better price Tongue

Dogecoin have great community I must say.
But price of Dogecoin seems to be crashing.
Just wolong pump did some ++% and now it is going down.

More than a month after halving and still nothing

You are right. At present, be patient is a good attitude.   The price of Doge is only driven by marketing.
Lack of features will make it onl a Pump+dump coin.

Lack of features? It has all the things that Bitcoin and Litecoin have, and a passionate community to back it.

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.
legendary
Activity: 2674
Merit: 2965
Terminated.
May 14, 2014, 12:33:06 PM
lol pure bs..

the so called community is a joke.. delusional bag holders waiting to dump and move on and many have already that community is shell of what it was..

and Darkcoin ? puuhlease the instamine scam on that is damning and your recommending it ? are you high ?
hey smart guy why advise people get involved with a shitty ass clone of Quark when they can just go get Quark ? or even Secure coin the second X11 coin ?
Dark coin.. an overhyped noob flash mined scam coin clone of Quark pushed by morons..

wanna hand out some advice ?
try Vertcoin.. someone has been buying 40 grand worth a day for the last week or two.. seems that would be better advice than the fucktard garbage your spewing lol

Dark coin is a rip off Quark.

Doge coin is no better than MILLIONS of other scrypt clones and anyone like the guy that i quoted says otherwise is a fucking moron.
Want more just like shit coin Doge ? Try DGC or Frank etc etc etc tecetcetctettcettctetctettetctettetctettetctetfctetctetctetctetecte
and fuck off with the idiotic "community" bullshit.. gimme a break lol
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?
full member
Activity: 182
Merit: 100
May 14, 2014, 12:14:54 PM
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.
donator
Activity: 1722
Merit: 1036
May 14, 2014, 11:18:09 AM
Sounds bad!! (From DOGE user's perspective)
full member
Activity: 238
Merit: 100
legendary
Activity: 1162
Merit: 1007
May 14, 2014, 12:44:21 AM
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?

hero member
Activity: 606
Merit: 500
May 14, 2014, 12:26:31 AM
I highly doubt that doge will hit even 200 again this year.

I am not greedy 150 is enuff  Wink
newbie
Activity: 23
Merit: 0
May 13, 2014, 11:48:31 PM
When double what? I don't think it happened.
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