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Show HN: Dogecoin Average - the price of Doge

dogecoinaverage.com

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Re: Show HN: Dogecoin Average - the price of Doge

#22

The signal to buy was when Dogecoin volume doubled Bitcoin volume. You had a couple days before the world realized how underpriced Doge was. Doge was around 45-50 Satoshis then. Funding the Jamaican bobsled team, and tapping into Cool Runnings millenial nostalgia was a great PR move by the Doge community. The recent price correction is probably due to mining pools jumping in when profitability soared before difficult…

> The Doge community has a saying "To the moon!". Moon being defined by many as $1 per coin.

And the latest PR move is to get dogecoin quite literally to the moon by figuring out how to fund PSU's Lunar Lion moon probe

Re: Show HN: Dogecoin Average - the price of Doge

#23

Ok, so we now have Bitcoin, Litecoin, and...Dogecoin, "an open source peer-to-peer cryptocurrency, favored by Shiba Inus worldwide" Can we officially declare that crypto-currencies have jumped the shark?

Dogecoin was probably the 200th altcoin released so far... we still have a long way to go. Check out this list for some of the larger ones: http://coinmarketcap.com Take all the numbers listed there with a grain of salt, though.

Is there an index fund I can buy that tracks (probably just non-BTC) crypto currencies by market share? In other words, I'd like to own a basket of crypto currencies that reflects the market's weighting.

Re: Show HN: Dogecoin Average - the price of Doge

#24

Ok, so we now have Bitcoin, Litecoin, and...Dogecoin, "an open source peer-to-peer cryptocurrency, favored by Shiba Inus worldwide" Can we officially declare that crypto-currencies have jumped the shark?

Dogecoin was probably the 200th altcoin released so far... we still have a long way to go. Check out this list for some of the larger ones: http://coinmarketcap.com Take all the numbers listed there with a grain of salt, though.

Prediction for 2014: a meta crypto-currency valued on the number of crypto-currencies in circulation.

Re: Show HN: Dogecoin Average - the price of Doge

#26

Ok, so we now have Bitcoin, Litecoin, and...Dogecoin, "an open source peer-to-peer cryptocurrency, favored by Shiba Inus worldwide" Can we officially declare that crypto-currencies have jumped the shark?

That's how I felt about Dogecoin at first, but their silliness seems to have generated an unusually nice community. I'm starting to think that's a more important factor than I'd realized. It's taken them to #7 in market cap, despite being technically a straight copy of Litecoin. http://coinmarketcap.com/

Re: Show HN: Dogecoin Average - the price of Doge

#28

Is there a place to trade bitcoins for dogecoins?

https://github.com/ummjackson/dogecoin-resources#exchanges

If you are feeling generous, my referral link from Cryptsy (largest exchange by volume): https://www.cryptsy.com/users/register?refid=25234

Re: Show HN: Dogecoin Average - the price of Doge

#30

The signal to buy was when Dogecoin volume doubled Bitcoin volume. You had a couple days before the world realized how underpriced Doge was. Doge was around 45-50 Satoshis then. Funding the Jamaican bobsled team, and tapping into Cool Runnings millenial nostalgia was a great PR move by the Doge community. The recent price correction is probably due to mining pools jumping in when profitability soared before difficult…

> The Doge community has a saying "To the moon!". Moon being defined by many as $1 per coin. And the latest PR move is to get dogecoin quite literally to the moon by figuring out how to fund PSU's Lunar Lion moon probe

Apparently, a laser engraving of a Shiba Inu on the side of the craft would cost comparatively little.

I might donate a Doge or a few.

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