Quote from: nikom00 on December 19, 2013, 01:13:19 AM

Quote from: vaelrock on December 19, 2013, 01:09:17 AM

Expect DOGE to be at something like 0.0003 BTC for 1K, or 0.0000003 BTC per DOGE to be in line profitability wise with other lucrative alt currencies.

Not at the beginning of course, but in 24/48H it shouldn't be surprising.

Can you tell us why you think so? :-)

Because there cannot be a single coin who's worth mining 10 times any other alt coins.
If it's the case, everyone will switch to DOGE mining (already happened partly seeing the network hashrate), and start to dump everything on cryptsy, lowering its value until it's not especially more profitable than say sexcoin/floricoin/grandcoin or some other usually lucrative alt currency.

That's the law of markets, it just needs time to settle down. But with crytpocurrencies, this time is often very short.