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Offline bytemaster

Who let the DOGEs Out?
« on: September 26, 2014, 02:04:50 PM »

What does DOGE have that is driving it higher than Nxt?   
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Offline speedy

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Re: Who let the DOGEs Out?
« Reply #1 on: September 26, 2014, 02:10:12 PM »
They have a huge community of shibes:

http://redditmetrics.com/r/dogecoin
http://redditmetrics.com/r/NXT

(Click Total Subscribers)

Offline Empirical1.1

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Re: Who let the DOGEs Out?
« Reply #2 on: September 26, 2014, 02:12:42 PM »
GoCoin processes Bitcoin, Litecoin and Dogecoin and GoCoin is part of PayPal announcement.
So PayPal announcement is good for Dogecoin was my understanding

Offline chryspano

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Re: Who let the DOGEs Out?
« Reply #3 on: September 26, 2014, 02:13:27 PM »
What does DOGE have that is driving it higher than Nxt?

Doge speculator often do this trick every six month.They wait until most people dump doge then pump it *4 and more.
And then ,dump it for profit,wait for another six month ...

It happened in January once,as a result the price back then *7 .

perfect timing for another pump!

https://www.cryptocoinsnews.com/paypal-supporting-litecoin-and-dogecoin-gocoin-ceo-confirms/

Offline Bitcoinfan

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Re: Who let the DOGEs Out?
« Reply #4 on: September 26, 2014, 02:13:58 PM »
GoCoin processes Bitcoin, Litecoin and Dogecoin and GoCoin is part of PayPal announcement.
So PayPal announcement is good for Dogecoin was my understanding

I have similar thoughts:
Doge merged mine with litecoin a few weeks back which gave it a renewed life to a ailing network.

Its appears to be rising now from the Paypal deal with Gocoin which supports acceptance for Bitcoin, Litecoin and Dogecoin.  Its possible, the price impact has been greater on dogecoin because it has uplifted the coin as a more "serious" form of payment, whereas Bitcoin and Litecoin always had that front face. 

Offline nomoreheroes7

Re: Who let the DOGEs Out?
« Reply #5 on: September 26, 2014, 02:26:31 PM »
Doge clearly has the superior tech.

 :P

Offline kokojie

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Re: Who let the DOGEs Out?
« Reply #6 on: September 26, 2014, 04:40:47 PM »
I believe the launch of "doge party" might also helped it a bit, at least it reduced the amount of outstanding coins.

Offline Ander

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Re: Who let the DOGEs Out?
« Reply #7 on: September 26, 2014, 04:53:14 PM »
The DOGE rally started with the AuxPoW announcement.  It was in a very severe bear market where it lost over 95% of its value, and then finally broke the downtrend. 

I actually made two DOGE trades this month that allowed me to get some more BTSX.  I bought it at 40 when it first broke the downtrend line, and rode it from 40 to 90, then bought again at 63 and sold this morning at 110.    I found DOGE to be REALLY easy to trade, because its community is so inexperienced at trading.  They are so predictable!  I might have sold too early at 110, but I wanted to make sure I could get as much BTSX as possible, because it looks like it might have begun moving up again. 


Everyone is saying now that DOGE is rallying because of paypal news, but I think that really it is rallying because it broke its eternal downtrend, and it is getting close to the end of its hyperinflation period.   Pretty soon DOGE is going to have less inflation than Bitcoin!  (Until bitcoin halves again). 
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Offline infovortice2013

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Re: Who let the DOGEs Out?
« Reply #8 on: September 26, 2014, 05:11:27 PM »
merged mining and block halvin,,, less production
january al doges will be out

first popular coin that finish mining time.
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Offline Ander

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Re: Who let the DOGEs Out?
« Reply #9 on: September 26, 2014, 05:11:41 PM »
BTSX looks to me like its just starting another parabolic move.  It looks just like the DOGE chart a week ago when DOGE was in the 60s.    I just panic bought as much as I could! 
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Offline Ander

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Re: Who let the DOGEs Out?
« Reply #10 on: September 26, 2014, 05:13:50 PM »
first popular coin that finish mining time.

Yeah this basically.  DOGE had high inflation for all of its existence but its about to have low inflation.

Obviously we know that no inflation is better.  But there are still tons of people who love proof of work, as DOGE has a great proof of work setup - low inflation, but network power supported by the larger litecoin.   They get good security while only having to pay for part of it.
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Offline nomoreheroes7

Re: Who let the DOGEs Out?
« Reply #11 on: September 26, 2014, 05:14:00 PM »
BTSX looks to me like its just starting another parabolic move.  It looks just like the DOGE chart a week ago when DOGE was in the 60s.    I just panic bought as much as I could! 

Yea, the BTC38 BTSX/CNY price is rising considerably. Pretty intense right now.

Looking more in depth, both DOGE and BTSX have a majority of their volume traded against CNY. Is China just on a buying frenzy right now or what??

Offline Ander

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Re: Who let the DOGEs Out?
« Reply #12 on: September 26, 2014, 05:19:39 PM »
Looking more in depth, both DOGE and BTSX have a majority of their volume traded against CNY. Is China just on a buying frenzy right now or what??

They are on a frenzy for DOGE and BTSX.    Not for bitcoin though.   
When I look at the chats in the chinese exchanges I see lots of pumping of BTSX, DOGE, and PPC lately. 
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Offline johncitizen

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Re: Who let the DOGEs Out?
« Reply #13 on: September 26, 2014, 05:27:32 PM »
I think marketing has much to do with it and the merged mining. The mm is what started the market reversal.  Compare Doge to LTC- A fun friendly crypto full of vibrant people or a whining coin with no face to it. From all the coins Doge stands out as the perfect PR smile and I think smart money is hedging in. Everyone should have a stack even just to tip crypto newbs and make friends, people love it!



Offline Ander

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Re: Who let the DOGEs Out?
« Reply #14 on: September 26, 2014, 05:36:35 PM »
Everyone should have a stack even just to tip crypto newbs and make friends, people love it!

Indeed.  the amount of happiness I have felt after having been tipped three cents worth of DOGE is highly irrational!
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