Competitors
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[quote name=“ghostlander” post=“45094” timestamp=“1387214517”]
[img]http://savepic.org/4795443.jpg[/img]P.S. This is not a fake :D
[/quote]No, but one guy “paying” ten grand for a dogecoin to screw with the average isn’t sustainable.
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[quote]Hmmm… profitable you say? Let me see that a second…[/quote]
Ah, but .00029 * 3900 Dogecoins/day = $1.131 a day or $33.93 a month.
For FTC it is .33 * .07 = $0.0231 a day or $0.69 a month. That doesn’t even pay for the electricity. :)
Hence, I’m mining Dogecoins right now :)
(edit, correct for fallen FTC price)
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LOL at Coinmarketcap. I’ve seen that happen before, with EZcoin.
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[quote name=“catnip” post=“45121” timestamp=“1387219370”]
[quote]Hmmm… profitable you say? Let me see that a second…[/quote]Ah, but .00029 * 3900 Dogecoins/day = $1.131 a day or $33.93 a month.
For FTC it is .33 * .07 = $0.0231 a day or $0.69 a month. That doesn’t even pay for the electricity. :)
Hence, I’m mining Dogecoins right now :)
(edit, correct for fallen FTC price)
[/quote]Except it’ll NEVER maintain that valuation. Not even for a month.
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[quote name=“Kevlar” post=“45134” timestamp=“1387220995”]
[quote author=catnip link=topic=5972.msg45121#msg45121 date=1387219370]
[quote]Hmmm… profitable you say? Let me see that a second…[/quote]Ah, but .00029 * 3900 Dogecoins/day = $1.131 a day or $33.93 a month.
For FTC it is .33 * .07 = $0.0231 a day or $0.69 a month. That doesn’t even pay for the electricity. :)
Hence, I’m mining Dogecoins right now :)
(edit, correct for fallen FTC price)
[/quote]Except it’ll NEVER maintain that valuation. Not even for a month.
[/quote]I don’t expect it to. Let’s just say I’m glad to find a coin this old junker of a computer can mine…for now.
One of these days I’m gonna invest in a proper mining rig…
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[quote name=“Kevlar” post=“45134” timestamp=“1387220995”]
[quote author=catnip link=topic=5972.msg45121#msg45121 date=1387219370]
[quote]Hmmm… profitable you say? Let me see that a second…[/quote]Ah, but .00029 * 3900 Dogecoins/day = $1.131 a day or $33.93 a month.
For FTC it is .33 * .07 = $0.0231 a day or $0.69 a month. That doesn’t even pay for the electricity. :)
Hence, I’m mining Dogecoins right now :)
(edit, correct for fallen FTC price)
[/quote]Except it’ll NEVER maintain that valuation. Not even for a month.
[/quote]/b/ is seriously pushing the volume back and forth, though. Saw it myself last night where they were discussing what they could do to push value. They’re fauceting to their community right now, actually.
Will they get bored in a month? Probably.
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[quote name=“HopeStillFlies” post=“45163” timestamp=“1387224315”]
[quote author=Kevlar link=topic=5972.msg45134#msg45134 date=1387220995]
[quote author=catnip link=topic=5972.msg45121#msg45121 date=1387219370]
[quote]Hmmm… profitable you say? Let me see that a second…[/quote]Ah, but .00029 * 3900 Dogecoins/day = $1.131 a day or $33.93 a month.
For FTC it is .33 * .07 = $0.0231 a day or $0.69 a month. That doesn’t even pay for the electricity. :)
Hence, I’m mining Dogecoins right now :)
(edit, correct for fallen FTC price)
[/quote]Except it’ll NEVER maintain that valuation. Not even for a month.
[/quote]/b/ is seriously pushing the volume back and forth, though. Saw it myself last night where they were discussing what they could do to push value. They’re fauceting to their community right now, actually.
Will they get bored in a month? Probably.
[/quote]Not only will they get bored in a month, but they’ll move on to making fun of the people who thought the volume was here to say. Doge-trader memes on the horizon.
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So the moral of the story for those of you mining it with weak equipment is to convert it immediately into something you feel has staying power.
Anyway, they’re making it rain over there at /b/ right now, so anyone that actually wants to take the time to take the crap and then sell it over at that subreddit that acts an exchange, it might be a way to score some free FTC.
But then again, you’ll have to go to /b/. Where half the front page posts may be dogecoin threads, but the other half are a porn thread, a raid organization, a roll thread, a rule 34 thread and a 500 pound guy holding a lager doing an AMA.
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[quote name=“HopeStillFlies” post=“45196” timestamp=“1387228381”]
So the moral of the story for those of you mining it with weak equipment is to convert it immediately into something you feel has staying power.
[/quote]Yep.
I can’t tell you how many coins I’ve seen come and go on Cryptsy. People thought they were here to stay, so they bought in. 3 days later, they had been delisted, never to be traded on that exchange again.
It’s a trap. Don’t get caught in it.
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/b/… I assume 4chan. I’ll pass ;) I don’t go there.
No comment on Craptsy. oops, I just did. ::)
Okay okay, I get the point about dumping the Dogecoins now and putting them into something with staying power.