But i know only one thing - 1 DOGE will be allways 1 DOGE.
Any attempt at technical analysis without accounting for movements by people with a lot of money manipulating it, is pointless really. This is a far better write-up about what's been going on:
Damn,I have earn nothing in 8 hour of mining on doge.dedicatedpool
460kh/s.. need moarr
with this diff ... you need a strong pool
try multipool .. i think block time there is 10 mins
There are no doge pools with a 10 minute block time........ it's random, some pools can hit 2 blocks in 10 minutes and then not hit another one for 8 hours...... but no pools hit doge blocks consistently every 10 min.
The block time is random, but with a high enough % of the total hash rate (say 10%), you can reduce that random factor by quite a lot, to the point where the block time averages out to 10/min easily. Such a pool will not have to wait 8 hours for a block, but the variance is probably on the order of 5-15 minutes. That leads to very consistent and less spiky payouts.
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.4 Released MANDATORY UPDATE
It hit 280 on cryptsy yesterday, so I wouldn't be surprised to see it do that today as well, or even surpass it. Max on BTER was 298, so going past the magic 300 limit is a possibility. Looking at the walls, there's 60 BTC at 275, 42 at 280, 33 at 282, 30 at 289, 65 at 290, 60 at 296, 79 at 299 and 89 at 300. A couple of walls at 303, 306 and 307 as well.. after that it's fairly quiet until you get closer to 400.
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.4 Released MANDATORY UPDATE
by
flinx
on 21/01/2014, 23:54:17 UTC
I agree that keeping the 10k mining reward sounds like a good idea - it'll help give doge legs beyond just the first year, and give the currency time to find a home/use among more users than just currency traders and people speculating. It also ensures the integrity and security of transactions since people will keep mining it (though not necessarily to the degree we see now).
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.4 Released MANDATORY UPDATE
my handy dandy Casio calculator shows 5% inflation over 19 years: [1.05^19]~=250billion, not 200 million
I distinctly remember early Dogecoin adopters saying 5% annual "inflation", w/ no hard and fast cap on total mined, early on. I assumed you were all aware of this. I guess not.
Your numbers-fu is off. The block reward after 600k blocks is a fixed number, not %. That means that percentage wise the actual inflation rate will go down over time as the ratio of total coins in circulation gets significantly larger than the non-increasing block reward.
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.4 Released MANDATORY UPDATE
Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.4 Released MANDATORY UPDATE
by
flinx
on 21/01/2014, 16:38:26 UTC
You know.. for all our complaining, I just remembered it could be worse. I had 300k doge stuck on Coins-E for 10 days, and received no communication from them at all until they finally fixed it.
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.4 Released MANDATORY UPDATE
changed my doges to bter wallet as prices there are lot higher then other exchange market
took me over 13 hours yesterday to really have it in my bter wallet... so have fun man
lol really? it took me 10minutes, already on the wallet
i really suggest you not to do it more often... maybe it works 2 times. and the 3 will kill you. I had 13 hours no access to my money so be wise and think twise. Before you do something wrong and you will regret it all time long!!!
WOW 13hours, that would defenily ruin my day (or night) what about the withrawals from bter?
He is a troller, never had problems with bter, and neither my 10+ friends who use bter everyday. Bter embraced dogecoin early, it didn't happen yesterday.
BTER isn't the problem - having your coins stuck in the outgoing queue on Cryptsy is. See original post.
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.4 Released MANDATORY UPDATE
changed my doges to bter wallet as prices there are lot higher then other exchange market
took me over 13 hours yesterday to really have it in my bter wallet... so have fun man
lol really? it took me 10minutes, already on the wallet
Lucky you - half of my doge are stuck pending withdrawal from cryptsy for several hours now. After this I'm only doing test transfers of a couple thou doge to/from cryptsy before doing the main transfer.
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.4 Released MANDATORY UPDATE
by
flinx
on 21/01/2014, 14:17:26 UTC
A bit off-track here, but does anyone know of a link or explanation for all the stats that the pool sites have? I'm thinking of things like target variance, average efficiency, rate est. etc.
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.4 Released MANDATORY UPDATE
by
flinx
on 21/01/2014, 05:23:38 UTC
BTER now: 280. Cryptsy: 240. If only Cryptsy deposits didn't take forever and a day...
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.4 Released MANDATORY UPDATE
Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.4 Released MANDATORY UPDATE
by
flinx
on 21/01/2014, 04:01:52 UTC
Middlecoin has about 138 BTC left that it hasn't exchanged. Before the dump, they had 226 - it's a lot, but nothing like those whales blew through at 210 and 230.
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.4 Released MANDATORY UPDATE
not cool ... moon is taking hashpower from doge .. at multipool and middlecoin ....
mooncoin is literally a joke
Who gives out the most block rewards for DOGE mining pools? Is Multipool the best because it is the biggest? Does another one pay out more than Multipool?
With the larger pools you are fighting for shares. The big guys will just ruin your share count totally.
Try a medium sized pool 0.5 to 1.0gh/s or so.
Not if they use PPLNS. That gives everyone a fair share based on their hashing power, and big pools find blocks more often, leading to more even and predictable payouts. When looking at a new pool, I always check the last 20 blocks page if it's available, and if the times for blocks being found is very uneven, or the time between each block found is long, I look for another one.
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.4 Released MANDATORY UPDATE
by
flinx
on 21/01/2014, 01:21:37 UTC
I see 178 - guess China woke up. I can forget about buying those doge I sold at 90 now.
Also saw a 10M sale at 150 just now - that had to suck.
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.4 Released MANDATORY UPDATE
I prefer Dogehouse. They have around 18% of the network and have always been perfect for me. Good payouts and never had an issue with downtime.
I like Dogehouse too, but when the hash rate spikes, the web interface goes down until the PPLNS shares are fully calculated and you'll have to wait quite a bit until it's finished before you'll get your coins (even with auto-payout set). For the sake of current dogehouse users, I recommend trying somewhere else .
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.4 Released MANDATORY UPDATE
Note that it's just sending 1 M doge in and out all the time - it looks kind of like a script, but it makes me wonder if it's a bad one, since the total amount of Doge seems to be going down over time.
It's just receiving 10 M doge constantly. And that's it, no withdrawals. The only thing that varies is the time intervals. It kind of scares me to know that so much money is tied up into these accounts, and what would happen to the exchange rate if they decided it was time to cash out.
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.4 Released MANDATORY UPDATE
Like I said, I think it will drop to 50 satoshi in a few days. Remember that we were at 25 satoshi 2 weeks ago
Not with this hashrate and difficulty it won't. Current net hash is 70 Gh/s - for reference Litecoin, which is the only scrypt coin with a higher market cap at this rate, has 125 Gh/s. I can easily see some miners jumping ship from LTC to DOGE, making up for that.