The Litepresence Report on Cryptocurrency

[PaulConventionWV]

Sold LTC @ $21, bought back @ $14.50

Sold BTC @ 800, Bought back @ 575

Also dropped some fresh fiat on a few new BTC from Coinbase @ $600

I got faked out by the mini crash. I sold BTC @ 800 and bought back in @ 680. Still have a pretty nice stash, but it could have been nicer. Maybe I'll buy in some more before it goes up even further. Still getting used to trading.

 

[SomewhereInOz]

Londoner flies 6000 miles to stage Mt. Gox protest

Sadly the frequent flyer points will probably be the most valuable thing that comes out of this effort:

http://www.ibtimes.co.uk/cryptocurr...flies-6000-miles-stage-mt-gox-protest-1436413

 

[PaulConventionWV]

Jesus, we are a mess. Will nmc ever recover? Ppc? Btc seems fucked

Not sure why you say that. I don't have much faith in NMC or PPC, but BTC will recover, I believe.

 

[muh_roads]

Jesus, we are a mess. Will nmc ever recover? Ppc? Btc seems fucked

They are dropping because btc is dropping. I took the small loss on my ltc and nmc and bailed a few days ago. They will go back up when btc does. Actually, ltc was never a loss for me personally. I put $100 into it in 2012.

As for ppc, I can't predict what will happen. Proof of stake is a horrible economic philosophy and more sha256 miners are pointing to it as the btc diff rises. Their intentions will most likely be to keep selling. Bitcoin people don't like unlimited supply caps.

 

[KCIndy]

Bitcoin seems like it's taking a bit of an upward bounce today. Showing 717 right now on Coinbase.

Glad I jumped on last night at 571 with the very last of my expendable FRNs...


And for everyone who is feeling panicky - for everyone feeling little butterflies scrabbling around in their poor little tummies.... let's keep this in perspective.

Exactly one year ago BTC was selling for $27 USD.

Kinda puts things into perspective.

 

[presence]

I don't get it. Where are we supposed to be on that chart?

On 1d chart scale, we are on our way to either:

1) Good Karma

2) Redemption

or

3) Lets do it again.


My money is on #3


in a grossly pessimistic sense... on 3d chart scale we could be at "bulltrap"


In 30m or 15m chart scale... we're in "green dragon" 1 or 2.



This pattern is a fractal... which occurs in many micro and macrocosms

 

[SomewhereInOz]

On 1d chart scale, we are on our way to either:

1) Good Karma

2) Redemption

or

3) Lets do it again.


My money is on #3


in a grossly pessimistic sense... on 3d chart scale we could be at "bulltrap"


In 30m or 15m chart scale... we're in "green dragon" 1 or 2.



This pattern is a fractal... which occurs in many micro and macrocosms

Good Karma . . . $689 . . . 3 weeks . . . Lotsa Time

 

[SomewhereInOz]

I'm Calling it a Web Bot Hit!

Meanwhile over in those other coins, in the "real" coin category, seems both Aurum and Argentum are having a good day. A good past couple of days in fact:

https://www.dropbox.com/s/kc3eri9ywrwb8mv/Aurum Argentum 15 Feb 14.jpg

Now why would that be? It wouldn't be related to that which we are watching would it? Or would it?

Or perhaps its related to this:

http://www.businessinsider.com.au/jp-morgan-is-in-talks-to-sell-its-commodities-business-2014-2

Or maybe totally unrelated to any of the foregoing, and they suicided the guy who normally runs the naked shorting desk at JPM by mistake. ;-)

Interesting story:

Maybe a bit too early to tell, but the Web Bots foresaw Gold and Silver cutting lose when Bitcoin hit $340.50. This was last June or so. So we all waited and watched and along came November and $340.50 and nothing. 8-(

If you recall back then, Gox was your goto site for Bitcoin price and so that was the one you went to if you didn't know better . . . at least I did. Seemed a fair representation and widely known site for what Bitcoin was currently worth.

Then for a month or so, the word was it was a decimal error, and that in fact it will only happen when Bitcoin hits $3405. The hypothesis then was given that it was so prominent in the immediacy linguistic data for early 2014, a date was even given - 15 January 2014.

So 15 Jan 14 comes and goes and nope, no $3405 for Bitcoin. |-(

So then we look closer at all this BTC price spiking and consolidation and long term trend analysis and it begins to appear that $3405 is not going to happen till July 2014 on the way to $8000 or whatever the peak is then. This is strange I thought, the system's falling apart at the seams already, JPM is signaling its going long on the PM's, Deutsche bank wants out of the rigging, meanwhile the Germans all of a sudden say "thats ok USA, take your time giving us back our gold, 2015 will be fine and dandy - Huh? WTF?, and this weekend we've got Cyber-Attack bank shutdown drills everywhere across the US in preparation. In preparation for what? Who knows, but they're prepping for something. Surely it can't wait till July 2014!?!?

So just what did we just see today? (accompanying both Gold and Silver starting their moves higher)?

MT. GOX $340.50!!! . . . . BINGO!!!!

Notice the date on the image - 15 Feb 14. Clif got the day right, just was off by one on the Month in his estimates.

Image attached:

https://www.dropbox.com/s/bitjlo2k0czph29/Web Bot Report - P 29.jpg

Some interesting tidbits from Page 29 of the 20 Jan 14 Web Bot report for you to read.

Notable points:

Rash of Bankster Suicides . . . Tick (Its not over yet! A very key name has yet to be included in the list). According to V over @ Quayles site, 20 more to go. Not just at JPM but a number of places including Citigroup.

By End Feb . . . a growing awareness of the Cryptos and a flood of new money into this space. Now why all of a sudden such a flood? Wouldn't have nothing to do with this weekend and the bank shutdowns would it? Get ready, we've got heaps of Newies about to join us. New money is always great for Bull Markets. And with the DOGE being so visible right now, it'll be the first these Newies will be seeing besides Bitcoin. "Not even a penny? So cheap!"

13 March = Shock, Algo-techno revolt, Pinstripe Fucking Bankster Fucking Bandits no longer having support of their technical resources to keep the FRAUD going. All PM shorting ends.

AKA . . . SILVER . . . KERFUCKING BOOM!!!

Silver Buzz . . . to grow 348% in coming 3 weeks (thats buzz, not price). Price comes after.

$5 up days, followed by $10 up days, followed by $20 up days, most likely accompanied by $250-$300 Oil Days. Gold? $5K at least . . . Yes folks, this means War!!! So strap in, the rides about to get a little bit bumpy on the third rock from the sun.

When the Banksters are done raping and pillaging folks the scheming way, they always take the planet to war . . . we should know this by now, because history has given us two previous examples as proof. Do this test . . . go to Drudge . . . notice the increasing war talk. Do you know whats going on right now in the Ukraine???? No? Time for some research.

Question: Just how valuable will these digital currencies be when they start lobbing EMP weapons in your neck of the woods? Its something to think about in your preps peeps. You might want to pick up an ounce or two of Argentum just in case ;-)

13 March 14? Probably $28 only by then, but that's still cheap for the only commodity left on the planet presently 60% lower than its 1980 high. ;-)

Addendum: $48K in one day, and this party is just getting started!!! Being a Silvertard takes patience and much cussin' and spittin' at the Banksters over 3 years, but eventually the comeuppance arrives. Let the party begin!!!!

 

[Dianne]

Meanwhile over in those other coins, in the "real" coin category, seems both Aurum and Argentum are having a good day. A good past couple of days in fact:

https://www.dropbox.com/s/kc3eri9ywrwb8mv/Aurum Argentum 15 Feb 14.jpg

Now why would that be? It wouldn't be related to that which we are watching would it? Or would it?

Or perhaps its related to this:

http://www.businessinsider.com.au/jp-morgan-is-in-talks-to-sell-its-commodities-business-2014-2

Or maybe totally unrelated to any of the foregoing, and they suicided the guy who normally runs the naked shorting desk at JPM by mistake. ;-)

Interesting story:

Maybe a bit too early to tell, but the Web Bots foresaw Gold and Silver cutting lose when Bitcoin hit $340.50. This was last June or so. So we all waited and watched and along came November and $340.50 and nothing. 8-(

If you recall back then, Gox was your goto site for Bitcoin price and so that was the one you went to if you didn't know better . . . at least I did. Seemed a fair representation and widely known site for what Bitcoin was currently worth.

Then for a month or so, the word was it was a decimal error, and that in fact it will only happen when Bitcoin hits $3405. The hypothesis then was given that it was so prominent in the immediacy linguistic data for early 2014, a date was even given - 15 January 2014.

So 15 Jan 14 comes and goes and nope, no $3405 for Bitcoin. |-(

So then we look closer at all this BTC price spiking and consolidation and long term trend analysis and it begins to appear that $3405 is not going to happen till July 2014 on the way to $8000 or whatever the peak is then. This is strange I thought, the system's falling apart at the seams already, JPM is signaling its going long on the PM's, Deutsche bank wants out of the rigging, meanwhile the Germans all of a sudden say "thats ok USA, take your time giving us back our gold, 2015 will be fine and dandy - Huh? WTF?, and this weekend we've got Cyber-Attack bank shutdown drills everywhere across the US in preparation. In preparation for what? Who knows, but they're prepping for something. Surely it can't wait till July 2014!?!?

So just what did we just see today? (accompanying both Gold and Silver starting their moves higher)?

MT. GOX $340.50!!! . . . . BINGO!!!!

Notice the date on the image - 15 Feb 14. Clif got the day right, just was off by one on the Month in his estimates.

Image attached:

https://www.dropbox.com/s/bitjlo2k0czph29/Web Bot Report - P 29.jpg

Some interesting tidbits from Page 29 of the 20 Jan 14 Web Bot report for you to read.

Notable points:

Rash of Bankster Suicides . . . Tick (Its not over yet! A very key name has yet to be included in the list). According to V over @ Quayles site, 20 more to go. Not just at JPM but a number of places including Citigroup.

By End Feb . . . a growing awareness of the Cryptos and a flood of new money into this space. Now why all of a sudden such a flood? Wouldn't have nothing to do with this weekend and the bank shutdowns would it? Get ready, we've got heaps of Newies about to join us. New money is always great for Bull Markets. And with the DOGE being so visible right now, it'll be the first these Newies will be seeing besides Bitcoin. "Not even a penny? So cheap!"

13 March = Shock, Algo-techno revolt, Pinstripe Fucking Bankster Fucking Bandits no longer having support of their technical resources to keep the FRAUD going. All PM shorting ends.

AKA . . . SILVER . . . KERFUCKING BOOM!!!

Silver Buzz . . . to grow 348% in coming 3 weeks (thats buzz, not price). Price comes after.

$5 up days, followed by $10 up days, followed by $20 up days, most likely accompanied by $250-$300 Oil Days. Gold? $5K at least . . . Yes folks, this means War!!! So strap in, the rides about to get a little bit bumpy on the third rock from the sun.

When the Banksters are done raping and pillaging folks the scheming way, they always take the planet to war . . . we should know this by now, because history has given us two previous examples as proof. Do this test . . . go to Drudge . . . notice the increasing war talk. Do you know whats going on right now in the Ukraine???? No? Time for some research.

Question: Just how valuable will these digital currencies be when they start lobbing EMP weapons in your neck of the woods? Its something to think about in your preps peeps. You might want to pick up an ounce or two of Argentum just in case ;-)

13 March 14? Probably $28 only by then, but that's still cheap for the only commodity left on the planet presently 60% lower than its 1980 high. ;-)

Corrupt U.S. Congress Votes Up Resolution to Support Neo-Nazi Ukrainian Opposition

http://larouchepac.com/node/29781

On Tuesday evening, a corrupt U.S. Congress, with no concern for anything but its re-election, voted by a margin of 383 to 2 (with 50 not voting), to endorse a resolution supporting the fascist opposition in Ukraine, and therefore a nuclear war confrontation with Russia. LaRouchePAC representatives on the scene confronted particularly the Jewish members, and found them and others either ignorant, or totally craven. The two 'no' votes were by Reps. Walter Jones (R-NC) and Thomas Massie (R-KY), both sponsors of H Res. 428, the resolution to release the suppressed 28 pages of the Congressional Inquiry report on 9/11.

See earlier report for further background.

In response to the prospective passage, LaRouche had the following to say Monday afternoon on the LaRouchePAC Policy Committee Show:

"They're talking about the elections being started now for this year in the Congress. That's what it is; that's how corrupt it is. They're putting themselves in the pocket with Nuland [Asst Secy of State], who's really a creep — actually violated every principle of our Constitution already. But there are many Nulands in there. Why? Because they're running for election; this is an election year in the House of Representatives, and that's why you find so many prostitutes are running loose up there. And I will say it; they're running as prostitutes. They just want, they're concerned about getting elected. They don't give a damn about the future of the United States; they don't even want to hear about it. And I think we ought to broadcast that clearly.

"Now, I can assure you that Obama's ready to sign that one. He's ready to push that part of the button. He's already got that in mind. He's already committed implicitly to the button. He's got the button; and if he puts his finger on the button, his thumb on the button so to speak, if he does that in this period, you and I and the rest of them are all dead! So you can say that in effect, these members of Congress who voted for a position on this thing are as good as already dead! And it shows you how smart they are."

 

[presence]

 

[SomewhereInOz]

Corrupt U.S. Congress Votes Up Resolution to Support Neo-Nazi Ukrainian Opposition

http://larouchepac.com/node/29781

On Tuesday evening, a corrupt U.S. Congress, with no concern for anything but its re-election, voted by a margin of 383 to 2 (with 50 not voting), to endorse a resolution supporting the fascist opposition in Ukraine, and therefore a nuclear war confrontation with Russia. LaRouchePAC representatives on the scene confronted particularly the Jewish members, and found them and others either ignorant, or totally craven. The two 'no' votes were by Reps. Walter Jones (R-NC) and Thomas Massie (R-KY), both sponsors of H Res. 428, the resolution to release the suppressed 28 pages of the Congressional Inquiry report on 9/11.

See earlier report for further background.

In response to the prospective passage, LaRouche had the following to say Monday afternoon on the LaRouchePAC Policy Committee Show:

"They're talking about the elections being started now for this year in the Congress. That's what it is; that's how corrupt it is. They're putting themselves in the pocket with Nuland [Asst Secy of State], who's really a creep — actually violated every principle of our Constitution already. But there are many Nulands in there. Why? Because they're running for election; this is an election year in the House of Representatives, and that's why you find so many prostitutes are running loose up there. And I will say it; they're running as prostitutes. They just want, they're concerned about getting elected. They don't give a damn about the future of the United States; they don't even want to hear about it. And I think we ought to broadcast that clearly.

"Now, I can assure you that Obama's ready to sign that one. He's ready to push that part of the button. He's already got that in mind. He's already committed implicitly to the button. He's got the button; and if he puts his finger on the button, his thumb on the button so to speak, if he does that in this period, you and I and the rest of them are all dead! So you can say that in effect, these members of Congress who voted for a position on this thing are as good as already dead! And it shows you how smart they are."

Uh-Huh, Yep . . . Its Game On!

How do we stop these Psychopaths? Not sure that its meant to be stopped. Read your Bible!!!

 

[SomewhereInOz]

RDD

Not sure, but if it be me over @ RDD, I'd be showing a few more coins mined right about now to inch along that Market Cap and get people's attention here with 36 hours to go:

http://www.reddcoin.com/ipo-result/

No change since yesterday, but hell when you got nearly another 20 Billion in the bag why not show 'em?

Just sayin'

 

[Dianne]

Not sure, but if it be me over @ RDD, I'd be showing a few more coins mined right about now to inch along that Market Cap and get people's attention here with 36 hours to go:

http://www.reddcoin.com/ipo-result/

No change since yesterday, but hell when you got nearly another 20 Billion in the bag why not show 'em?

Just sayin'

I've never figured out how to mine, so I bought some instead. Hope that doesn't become the coin's kiss of death; as my coin luck sux.

 

[SomewhereInOz]

I've never figured out how to mine, so I bought some instead. Hope that doesn't become the coin's kiss of death; as my coin luck sux.

RDD's intro was very methodically planned I figure. I am guessing here, but its a group of people chit-chatting over on Reddit a long time who put together the idea - Redd comes from Reddit, but its intent is to be a Social Media Tipping Coin. Probably long time Bitcoin traders or something like that. A programmer, a business development guy, a web developer, etc. They know all the issues and potential pitfalls from research over the years, and had strategies in place to counter-act problems as they arrived (e.g. the attack on their coin by mining pools from the beginning - Kimoto Gravity Well solution implemented within 2 days). They timed the block chain immaculately to fund the IPCO, take some profits themselves, and aimed to get heaps of extra coins available for Social Media Tipping, for give aways in contests, for their Faucets. The timing on their IPCO was done very well, mathematically implemented so that the biggest contributors take the most coins, and they even probably planned this introduction to coincide with what they knew was going to be a consolidation period for BTC after the spike.

Had this come out 3rd week of January like MOON and MEOW, it would be racing. What they didn't plan on was the DOGE doing what its done recently. As some were commenting, Gee glad the DOGE has moved up so well, all the other coins are available at firesale prices. So when the DOGE runs people dump everything else to jump on board. We're still adjusting to that now. Remember this for 20 April 14 when the next halving of the Block Reward for the DOGE occurs, and on 29 June and on 7 Sep, etc. (see below):

Block# : Dogecoin Reward
1-100,000: 0-1,000,000 Dogecoin Reward - 18 Dec 13
100,001 — 200,000: 0-500,000 Dogecoin Reward - 11 Feb 14
200,001 — 300,000: 0-250,000 Dogecoin Reward - 20 Apr 14
300,001 — 400,000: 0-125,000 Dogecoin Reward - 29 Jun 14
400,001 — 500,000: 0-62,500 Dogecoin Reward - 7 Sep 14
500,001 - 600,000: 0-31,250 Dogecoin Reward - 16 Nov 14
600,000+ : 10,000 Dogecoin Reward (flat) - 25 Jan 15

Will put a graphic together for this at some point in the near future. Might be handy to plan some DOGE purchases in advance, or other coin purchases which should be doing well but suddenly are available cheap.

So will RDD come good? Yep I think so, but its going to take a bit longer than anticipated. Lets see how they play out the IPCO closing this weekend, what their new coin logo looks like and how the plan to leverage off of that to become an Altcoin household name for Social Media Tipping.

 

[Dianne]

RDD's intro was very methodically planned I figure. I am guessing here, but its a group of people chit-chatting over on Reddit a long time who put together the idea - Redd comes from Reddit, but its intent is to be a Social Media Tipping Coin. Probably long time Bitcoin traders or something like that. A programmer, a business development guy, a web developer, etc. They know all the issues and potential pitfalls from research over the years, and had strategies in place to counter-act problems as they arrived (e.g. the attack on their coin by mining pools from the beginning - Kimoto Gravity Well solution implemented within 2 days). They timed the block chain immaculately to fund the IPCO, take some profits themselves, and aimed to get heaps of extra coins available for Social Media Tipping, for give aways in contests, for their Faucets. The timing on their IPCO was done very well, mathematically implemented so that the biggest contributors take the most coins, and they even probably planned this introduction to coincide with what they knew was going to be a consolidation period for BTC after the spike.

Had this come out 3rd week of January like MOON and MEOW, it would be racing. What they didn't plan on was the DOGE doing what its done recently. As some were commenting, Gee glad the DOGE has moved up so well, all the other coins are available at firesale prices. So when the DOGE runs people dump everything else to jump on board. We're still adjusting to that now. Remember this for 20 April 14 when the next halving of the Block Reward for the DOGE occurs, and on 29 June and on 7 Sep, etc. (see below):

Block# : Dogecoin Reward
1-100,000: 0-1,000,000 Dogecoin Reward - 18 Dec 13
100,001 — 200,000: 0-500,000 Dogecoin Reward - 11 Feb 14
200,001 — 300,000: 0-250,000 Dogecoin Reward - 20 Apr 14
300,001 — 400,000: 0-125,000 Dogecoin Reward - 29 Jun 14
400,001 — 500,000: 0-62,500 Dogecoin Reward - 7 Sep 14
500,001 - 600,000: 0-31,250 Dogecoin Reward - 16 Nov 14
600,000+ : 10,000 Dogecoin Reward (flat) - 25 Jan 15

Will put a graphic together for this at some point in the near future. Might be handy to plan some DOGE purchases in advance, or other coin purchases which should be doing well but suddenly are available cheap.

So will RDD come good? Yep I think so, but its going to take a bit longer than anticipated. Lets see how they play out the IPCO closing this weekend, what their new coin logo looks like and how the plan to leverage off of that to become an Altcoin household name for Social Media Tipping.

Interesting, I had no idea of the history behind the coin. All I knew was you seemed to like it so I bought some lol. The price was certainly right !!

Great stuff always happens while I'm sleeping. BTC to little over $100. the other night. This morning I missed btc at $500. Did I miss the boat, or will we see $500. or less again? Should I set a buy order. If so, what would be a good price?

 

[SomewhereInOz]

Interesting, I had no idea of the history behind the coin. All I knew was you seemed to like it so I bought some lol. The price was certainly right !!

Great stuff always happens while I'm sleeping. BTC to little over $100. the other night. This morning I missed btc at $500. Did I miss the boat, or will we see $500. or less again? Should I set a buy order. If so, what would be a good price?

I don't think too many humans picked up BTC @ $102 @ BTC-e the other night, but some well honed trading bots might have, so there was probably not much you could do about it even if you were sitting there ready to hit the buy button - it happened that fast.

Yes I think we ramped up towards "Good Karma" a few hours back, kissed it @ $689 and we are now headed down the jagged "Red Dragon 2" on the path to "6 Feet Under" where you should find a more reasonable amount of prep time to purchase for $500. Actually I am hoping $480. Timing: 3-8 March, could be as late as 11 March all depends. Anywhere in around that range and we're not going to quibble when its at $8000. In fact its not going to rise all that much between then and June anyway. Maybe $1100-$1200 in prep for the next spike.

For me, these will be short-lived BTC . . . straight into DOGE because when you understand the impact of the block reward halvings coming you will see that you will profit greater by being over there, as a buy-n-holder, at least until after the 29 June 14 Dogecoin halving. Also I am expecting a lot of new money to come on board with this very soon as indicated earlier, and even if it doesn't Dogecoin should be at least 5 cents by 25 Jan 15. In this case having many 10's of Millions of DOGE's will be quite advantageous.

Bitcoiners will think all thats crazy . . . but watch and see!!! This is a runaway freight train now, and its going nowhere but massively higher!

 

[SomewhereInOz]

I knew they would pick this one!

Sent 'em a message @ 99Designs and said, just get it over with already. This is THE ONE!

http://www.reddcoin.com/ipo-result/

All the colours of the Social Media sites, Twitter, Pinterest, Facebook, etc. etc. with a Redd coin going into the ball . . . LOVE IT!!!

Now lets rock and get this coin moving!!!

 

[PaulConventionWV]

I don't think too many humans picked up BTC @ $102 @ BTC-e the other night, but some well honed trading bots might have, so there was probably not much you could do about it even if you were sitting there ready to hit the buy button - it happened that fast.

Yes I think we ramped up towards "Good Karma" a few hours back, kissed it @ $689 and we are now headed down the jagged "Red Dragon 2" on the path to "6 Feet Under" where you should find a more reasonable amount of prep time to purchase for $500. Actually I am hoping $480. Timing: 3-8 March, could be as late as 11 March all depends. Anywhere in around that range and we're not going to quibble when its at $8000. In fact its not going to rise all that much between then and June anyway. Maybe $1100-$1200 in prep for the next spike.

For me, these will be short-lived BTC . . . straight into DOGE because when you understand the impact of the block reward halvings coming you will see that you will profit greater by being over there, as a buy-n-holder, at least until after the 29 June 14 Dogecoin halving. Also I am expecting a lot of new money to come on board with this very soon as indicated earlier, and even if it doesn't Dogecoin should be at least 5 cents by 25 Jan 15. In this case having many 10's of Millions of DOGE's will be quite advantageous.

Bitcoiners will think all thats crazy . . . but watch and see!!! This is a runaway freight train now, and its going nowhere but massively higher!

What do you base this on?

 

[SomewhereInOz]

What do you base this on?

Volume, People adopting it as method of payment for their existing businesses worldwide, charities forming, news items outpacing all other Altcoins in a coin-by-coin comparison, a website and newsfeed for Dogecoin that blows all the other Altcoins away (if you spend a bit of time there you will see all this), mining that strips away every other Altcoin and continues at a furious pace even though people are getting half of what they were 4 days ago, 50% of Dogecoins now mined within just two months of being in existance, actually mining which is so heavy that it is to the detriment of many other coins right now, new people turning up on Reddit and saying I want to get in, how do I begin, virtually every mainstream media website discussing Dogecoin in relation to Bitcoin at this moment (none are saying "there's Bitcoin, and how about that Copperlark", and for that matter only mentioning Litecoin, Peercoin and Namecoin in passing), competitions growing on the web for innovative design ideas or development proposals, payment to be in Dogecoins. Of course exposure at the Winter Olympics and tomorrows Bobsled event, but also other international events, charity donations, fundraisers. I could go on and on, but have a visit of their site and you will see what I mean.

Or perhaps you were asking about the price action. For each new block reward halving date, anticipate pressure for the price of Dogecoin to double in and around that period of time. The miners will be needing to put in the same amount of work for only half the reward unless the price doubles. If it doesn't double fewer will choose to continue mining it. Thus far since 1 January, in fact as far back as 20 December, everywhere I look its nothing but Dogecoin miners, and in the troll boxes "yeah I got 50 Million DOGE's man . . . so what I got 200 Million". Its like a status symbol amongst miners to see who has the most. This is from the mine supply side. From the consumption side, new investors or purchasers will hit the market, they will see Bitcoin. For the most part they will immediately understand that they can never mine it. Secondarily Bitcoin is pretty expensive to even just purchase for someone who is new. Therefore most will gravitate towards the most popular Altcoin. Litecoin @ $16 is no longer the coin to go for, sorry to say, Dogecoin is it! Where is the price growth in Litecoin? Particularly these last 8 weeks? Why isn't it happening? Why aren't they the Dogecoin right now with news spread everywhere about Litecoin this and Litecoin that. Simple, they are just not innovating, or if they are its not in a way that's sending interest in Litecoin viral like it is for Dogecoin.

Dogecoin is not a Bitcoin and never will be. Dogecoin fills the needs of an entirely different market segment, one that all the other Altcoins wish to fill as well, but the problem is Dogecoin is there now and soon there won't be any openings left to fill unless either coins move very fast or they aim to fulfill a very unique niche area.

I don't know, still not sure if I have answered your question, but also its a 6th sense thing. When you see something that's headed for success you just know it, and go with it. Why fight it? If its a silly Shibe Meme thing that the world wants right now at this crazy turbulent time, then why fight that also? Why waste time mining other stuff that "might" succeed. To me its a done deal and Dogecoin is the one I am sticking with from here on out. RDD, yeah well I have 12.5 Million of those and so we shall see. Was contemplating jumping in on the IPCO, but nah will give it a miss and wait to see how they progress from here.

 

[PaulConventionWV]

Volume, People adopting it as method of payment for their existing businesses worldwide, charities forming, news items outpacing all other Altcoins in a coin-by-coin comparison, a website and newsfeed for Dogecoin that blows all the other Altcoins away (if you spend a bit of time there you will see all this), mining that strips away every other Altcoin and continues at a furious pace even though people are getting half of what they were 4 days ago, 50% of Dogecoins now mined within just two months of being in existance, actually mining which is so heavy that it is to the detriment of many other coins right now, new people turning up on Reddit and saying I want to get in, how do I begin, virtually every mainstream media website discussing Dogecoin in relation to Bitcoin at this moment (none are saying "there's Bitcoin, and how about that Copperlark", and for that matter only mentioning Litecoin, Peercoin and Namecoin in passing), competitions growing on the web for innovative design ideas or development proposals, payment to be in Dogecoins. Of course exposure at the Winter Olympics and tomorrows Bobsled event, but also other international events, charity donations, fundraisers. I could go on and on, but have a visit of their site and you will see what I mean.

Or perhaps you were asking about the price action. For each new block reward halving date, anticipate pressure for the price of Dogecoin to double in and around that period of time. The miners will be needing to put in the same amount of work for only half the reward unless the price doubles. If it doesn't double fewer will choose to continue mining it. Thus far since 1 January, in fact as far back as 20 December, everywhere I look its nothing but Dogecoin miners, and in the troll boxes "yeah I got 50 Million DOGE's man . . . so what I got 200 Million". Its like a status symbol amongst miners to see who has the most. This is from the mine supply side. From the consumption side, new investors or purchasers will hit the market, they will see Bitcoin. For the most part they will immediately understand that they can never mine it. Secondarily Bitcoin is pretty expensive to even just purchase for someone who is new. Therefore most will gravitate towards the most popular Altcoin. Litecoin @ $16 is no longer the coin to go for, sorry to say, Dogecoin is it! Where is the price growth in Litecoin? Particularly these last 8 weeks? Why isn't it happening? Why aren't they the Dogecoin right now with news spread everywhere about Litecoin this and Litecoin that. Simple, they are just not innovating, or if they are its not in a way that's sending interest in Litecoin viral like it is for Dogecoin.

Dogecoin is not a Bitcoin and never will be. Dogecoin fills the needs of an entirely different market segment, one that all the other Altcoins wish to fill as well, but the problem is Dogecoin is there now and soon there won't be any openings left to fill unless either coins move very fast or they aim to fulfill a very unique niche area.

I don't know, still not sure if I have answered your question, but also its a 6th sense thing. When you see something that's headed for success you just know it, and go with it. Why fight it? If its a silly Shibe Meme thing that the world wants right now at this crazy turbulent time, then why fight that also? Why waste time mining other stuff that "might" succeed. To me its a done deal and Dogecoin is the one I am sticking with from here on out. RDD, yeah well I have 12.5 Million of those and so we shall see. Was contemplating jumping in on the IPCO, but nah will give it a miss and wait to see how they progress from here.

You've answered my question. It's definitely an interesting contemplation. I agree that LTC is fading with no major moves since its initial spike to $48. Dogecoin may very well be it. I have some BTC to play with so I might just get in on that.

Question: If you don't trust Cryptsy or CoinEX, who do you trust?