Why DOGECoin will go up 3000% again - page 8.

dogechode

full member

Activity: 182

Merit: 100

Quote from: brooklynite on April 07, 2014, 01:21:52 AM

GPUs always will win. ASIC just battle each other and burn your wallet. GPUs innovate and change moving forwards.

OK but realistically, how many people are still using GPUs to mine Bitcoin? Oh right.

The problem is whether you like the idea or not, once ASICs enter the market in full force, GPU mining will be limited to asic-resistant coins.

eightspaces

full member

Activity: 126

Merit: 100

Quote from: juve4v on April 07, 2014, 04:08:12 AM

Quote from: Spoetnik on April 07, 2014, 03:52:27 AM

it's a rip off of Litecoin with a dog icon the end.

+1

Litecoin is a joke dude
charlie lee said it himself in an interview
it was never meant to be serious, it just took off cuz it was #2 after bitcoin
it is doomed to death and we all know it

juve4v

hero member

Activity: 505

Merit: 500

Quote from: Spoetnik on April 07, 2014, 03:52:27 AM

it's a rip off of Litecoin with a dog icon the end.

+1

jonnysomething

member

Activity: 98

Merit: 10

My dogehouse account was compromised and I lost 90k doge. I was bummed.

Spoetnik

legendary

Activity: 1540

Merit: 1011

FUD Philanthropist™

Quote from: smoothie on April 07, 2014, 03:44:23 AM

"why it doesn't matter if it goes up 3000%".

Price will do what the market wants it to do.

Putting a logo on a car in NASCAR will likely do very little than hype up the local community that is already involved and aware of DOGE.

With all of the competing logos on all of the other cars and on the same car likely it will not even get much attention.

pump and dump game as usual.. the people already involved sit there and try and think of a way to lure more people in.. ponzi 101

it's a rip off of Litecoin with a dog icon the end.

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: brooklynite on April 07, 2014, 01:18:02 AM

Quote from: Scrappy Do on April 07, 2014, 01:02:14 AM

Quote from: brooklynite on April 06, 2014, 08:45:23 PM

Quote from: Bit_Happy on April 06, 2014, 06:37:15 PM

Quote from: brooklynite on April 05, 2014, 03:01:49 PM

...when DOGE was 27 Satoshi then it went up to 290.

10x gain is great, but another 30x....in the near future?
2 to 5x is much more realistic.

When blocks start getting smaller in a few months, then you will see how the sellers disappear slowly. Once price starts moving everyone will remove their sell order and move it up a notch.

Currently DOGE is at a real low price of 100 Satoshi while it hovered in 225 range for a long time. So someone is accumulating a lot.

If DOGE goes up 3000% it will be worth 0.00003000 BTC. If you really think DOGE at 0.00003000 BTC will look expensive to some people, then think again.

Remember DOGE will not lose its fans. BUT very soon maybe in a few months, a typical RIG that was making 10,000 DOGE/day will make only 1,000 DOGE/day and less the next year. There wont be many to sell.

Sadly, you have no grasp on what the scrypt world is doing. As a miner that has 50+ mh/s I follow this closely. GPU's do not drive the market, if you have stock in AMD, I suggest you get the fuck out now. This is an ASIC world we live in.

Yes I happen to have a lot of AMD stock from way before Cryptos were introduced.

What does DOGE going up have to do with ASICs? ASICs just kill Scrypt and people move on to other things and ASICs holders will be like bag holders. Waiting to recoup their $9,999 investment, which will never happen.

Don't be so sure about that. If the price rises significantly then it is more than likely a good portion of miners who bought LTC ASICs early will make their money back and some profit.

Let's not be ignorant that the price can change exactly what you claimed "will never happen". lol

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

"why it doesn't matter if it goes up 3000%".

Price will do what the market wants it to do.

Putting a logo on a car in NASCAR will likely do very little than hype up the local community that is already involved and aware of DOGE.

With all of the competing logos on all of the other cars and on the same car likely it will not even get much attention.

brooklynite

sr. member

Activity: 266

Merit: 250

And by the way, the 20 and 25nm fabs for BTC ASICs and even Gridseed all get (or steal) their know how from Global Foundries. GB itself was a spinoff of AMD by AMD executives who fucked AMD and took away the money making part and all the secret trades to their processors.

So yes, I have been following AMD from way before it hit $40 and now down to $4 cheap bucks.

The fact that AMD is not making ASICs just for fun or hobby and make millions just baffles me. They should do it only to keep their GPUs in stock.

GPUs always will win. ASIC just battle each other and burn your wallet. GPUs innovate and change moving forwards.

brooklynite

sr. member

Activity: 266

Merit: 250

Quote from: Scrappy Do on April 07, 2014, 01:02:14 AM

Quote from: brooklynite on April 06, 2014, 08:45:23 PM

Quote from: Bit_Happy on April 06, 2014, 06:37:15 PM

Quote from: brooklynite on April 05, 2014, 03:01:49 PM

...when DOGE was 27 Satoshi then it went up to 290.

10x gain is great, but another 30x....in the near future?
2 to 5x is much more realistic.

When blocks start getting smaller in a few months, then you will see how the sellers disappear slowly. Once price starts moving everyone will remove their sell order and move it up a notch.

Currently DOGE is at a real low price of 100 Satoshi while it hovered in 225 range for a long time. So someone is accumulating a lot.

If DOGE goes up 3000% it will be worth 0.00003000 BTC. If you really think DOGE at 0.00003000 BTC will look expensive to some people, then think again.

Remember DOGE will not lose its fans. BUT very soon maybe in a few months, a typical RIG that was making 10,000 DOGE/day will make only 1,000 DOGE/day and less the next year. There wont be many to sell.

Sadly, you have no grasp on what the scrypt world is doing. As a miner that has 50+ mh/s I follow this closely. GPU's do not drive the market, if you have stock in AMD, I suggest you get the fuck out now. This is an ASIC world we live in.

Yes I happen to have a lot of AMD stock from way before Cryptos were introduced.

What does DOGE going up have to do with ASICs? ASICs just kill Scrypt and people move on to other things and ASICs holders will be like bag holders. Waiting to recoup their $9,999 investment, which will never happen.

Scrappy Do

hero member

Activity: 686

Merit: 500

Quote from: brooklynite on April 06, 2014, 08:45:23 PM

Quote from: Bit_Happy on April 06, 2014, 06:37:15 PM

Quote from: brooklynite on April 05, 2014, 03:01:49 PM

...when DOGE was 27 Satoshi then it went up to 290.

10x gain is great, but another 30x....in the near future?
2 to 5x is much more realistic.

When blocks start getting smaller in a few months, then you will see how the sellers disappear slowly. Once price starts moving everyone will remove their sell order and move it up a notch.

Currently DOGE is at a real low price of 100 Satoshi while it hovered in 225 range for a long time. So someone is accumulating a lot.

If DOGE goes up 3000% it will be worth 0.00003000 BTC. If you really think DOGE at 0.00003000 BTC will look expensive to some people, then think again.

Remember DOGE will not lose its fans. BUT very soon maybe in a few months, a typical RIG that was making 10,000 DOGE/day will make only 1,000 DOGE/day and less the next year. There wont be many to sell.

Sadly, you have no grasp on what the scrypt world is doing. As a miner that has 50+ mh/s I follow this closely. GPU's do not drive the market, if you have stock in AMD, I suggest you get the fuck out now. This is an ASIC world we live in.

brooklynite

sr. member

Activity: 266

Merit: 250

Quote from: Bit_Happy on April 06, 2014, 06:37:15 PM

Quote from: brooklynite on April 05, 2014, 03:01:49 PM

...when DOGE was 27 Satoshi then it went up to 290.

10x gain is great, but another 30x....in the near future?
2 to 5x is much more realistic.

When blocks start getting smaller in a few months, then you will see how the sellers disappear slowly. Once price starts moving everyone will remove their sell order and move it up a notch.

Currently DOGE is at a real low price of 100 Satoshi while it hovered in 225 range for a long time. So someone is accumulating a lot.

If DOGE goes up 3000% it will be worth 0.00003000 BTC. If you really think DOGE at 0.00003000 BTC will look expensive to some people, then think again.

Remember DOGE will not lose its fans. BUT very soon maybe in a few months, a typical RIG that was making 10,000 DOGE/day will make only 1,000 DOGE/day and less the next year. There wont be many to sell.

brooklynite

sr. member

Activity: 266

Merit: 250

Here is the reddit thread about the NASCAR race:

http://www.reddit.com/r/dogecoin/comments/21grog/hey_im_josh_wise_and_ill_be_driving_the_nascar/

markm

legendary

Activity: 2940

Merit: 1090

Quote from: lynn_402 on April 06, 2014, 07:06:26 PM

Quote from: markm on April 06, 2014, 06:36:03 PM

DOGE showed that just some stupid meme can conjure up more hashing power almost overnight than Litecoin had.

It thus showed not only the Litecoin was not secure but also that it itself is not secure.

So it kind of killed itself in that regard, especially by not implementing merged mining so that it and litecoin could be merged mined together. Even between them they might not be able to muster enough hashing power to be secure, but deliberately fragmenting the hashing power kind of destroys all the scrypt coins not just DOGE and litecoin.

-MarkM-

Atm, there's 190 Gh/s mining Litecoin, and 67 Gh/s mining Doge. Merged mining the lesser coins would be a great step towards improving their security, but it seems like overkill for Lite and Doge.

Certainly not for DOGE, since we already saw all it takes is a stupid meme to come up with way more than 67 GH almost overnight.

If the next meme is a "PWN the blockchains" meme instead of a "lets be yet another scamcoin" meme all the scrypt coins could be PWNd.

Or all but maybe litecoin, if miners not in on the meme rally to defend it.

-MarkM-

lynn_402

sr. member

Activity: 462

Merit: 253

Quote from: markm on April 06, 2014, 06:36:03 PM

DOGE showed that just some stupid meme can conjure up more hashing power almost overnight than Litecoin had.

It thus showed not only the Litecoin was not secure but also that it itself is not secure.

So it kind of killed itself in that regard, especially by not implementing merged mining so that it and litecoin could be merged mined together. Even between them they might not be able to muster enough hashing power to be secure, but deliberately fragmenting the hashing power kind of destroys all the scrypt coins not just DOGE and litecoin.

-MarkM-

Atm, there's 190 Gh/s mining Litecoin, and 67 Gh/s mining Doge. Merged mining the lesser coins would be a great step towards improving their security, but it seems like overkill for Lite and Doge.

Bit_Happy

legendary

Activity: 2114

Merit: 1040

A Great Time to Start Something!

Quote from: brooklynite on April 05, 2014, 03:01:49 PM

...when DOGE was 27 Satoshi then it went up to 290.

10x gain is great, but another 30x....in the near future?
2 to 5x is much more realistic.

markm

legendary

Activity: 2940

Merit: 1090

DOGE showed that just some stupid meme can conjure up more hashing power almost overnight than Litecoin had.

It thus showed not only the Litecoin was not secure but also that it itself is not secure.

So it kind of killed itself in that regard, especially by not implementing merged mining so that it and litecoin could be merged mined together. Even between them they might not be able to muster enough hashing power to be secure, but deliberately fragmenting the hashing power kind of destroys all the scrypt coins not just DOGE and litecoin.

-MarkM-

sorryforthat

hero member

Activity: 994

Merit: 500

Quote from: Kuttingcorners on April 03, 2014, 01:02:08 AM

nascar fans have an average iq well under 80 good fucking luck getting them to figure out how to use a crypto exchange hahahahahahaha mind as well have sponsored paris hilton and kim kardashian

What you see on TV isnt reality my friend. I will give just one solid example. My parents old as they may be like to do random things to get out and about and since they live near the daytona speedway, gather with a handful of friends and take the chance to make it about getting out. I have some friends that use it as a chance to get the kids out and spend time together. So their IQ is irrelevant. Most people I know have interest in alot of this already, but lack the knowledge on altcoins, this might open the door.

DieJohnny

legendary

Activity: 1639

Merit: 1006

I no longer hold Doge but I held several million a month or so ago. Considering the strength of the internet community, the continual slide of DOGE value has surprised me. Another halving is coming up and the price doesn't seem to care.

I look at the cryptsy sell order and compare to buy and it is not even a battle. It seems a single whale seller at market can push this coin into all time lows.

Because of Doge, i am not sure what to think about the chance of any Alt coin to displace any bitcoin value long term.

lynn_402

sr. member

Activity: 462

Merit: 253

Quote from: HCLivess on April 06, 2014, 05:01:36 PM

Well we all knew it was shit when it hit 250 Satoshi and still it hit it

Perhaps because it is not? Don't confused it with all the other scamcoins.

HCLivess

legendary

Activity: 2114

Merit: 1090

=== NODE IS OK! ==

Well we all knew it was shit when it hit 250 Satoshi and still it hit it

Topic: Why DOGECoin will go up 3000% again - page 8. (Read 14888 times)