SomewhereInOz
Member
- Joined
- Jan 9, 2014
- Messages
- 361
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?
If you are going to purchase DOGE, try to be patient. As mentioned before, when I said try to get in from 120-130 and then I think it hit 131, it could well be the same this time. I very much hope that as BTC goes down that DOGE will also. How low? Its too early to tell right now. Remembering that I am not wishing to cash in on any of this till 2015 at the earliest. Perhaps even leave it till 2017.
Crytpsy and CoinEx are probably fine for small amounts at a time. I will probably give Bter a go next. This is a one time exchange only. The problem I found is when you have lots on there, and they are just sitting there, its just too damned tempting for Cryptsy to use them with a Dogecoin trading bot to trade em. That's exactly why they couldn't send them on demand, because they were caught up in a trade. Others on CoinEx have noticed this as well, and offered up the solution "Ticket them and tell them if they don't give you your fucking Doge NOW, this is going Viral!!!" Thats what I did and Voila . . . Instant Doge return! None of this maybe in 4 days bullshit. Absolutely nothing wrong with the Dogecoin blockchain, will work fine no matter how many coins/trades there are just as Bitcoin will with milli and micro bits.
BTW Bter is the largest Dogecoin exchange right now because China is lapping it up. Will this continue, not sure. But for now China's loving their Doge. If sending a lot of BTC to China to create Dogecoin is a concern, perhaps create an account and send 0.1 BTC and test it out. Then send 0.5 BTC, etc. until you can get it all exchanged.
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