Got some Dogecoin, now what?

Discussion in 'Digital Currencies' started by SilverKendo, Jan 14, 2014.

  1. SilverKendo

    SilverKendo New Member

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    Hello all,

    I am new to PMs and I am even more new to digital currencies. I am just starting to figure out how these things work. Bitcoins are outside of my price range now. I looked around and I liked Dogecoin. They are cheap and honestly who doesn't love a Shiba inu? So I got 10,000 Dogecoin for a few bucks. I have them in my wallet. Now what do I do with them? The idea of cryptocurrencies is very interesting but who takes Dogecoins for payment? How do you check their exchange rate with other currencies? PMs we have nice little charts at the top of the screen here at SS; where do I find that for Dogecoin? I guess I should have asked these questions BEFORE I bought some but they didn't cost me much more than a value meal at a fast food joint so no harm no foul. Thoughts?

    Thanks for any insights,
    Chris
     
  2. Naphthalene Man

    Naphthalene Man Active Member Silver Stacker

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    Did you say Dodgy coins?
     
  3. SilverKendo

    SilverKendo New Member

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    Yeah I sort of know what you mean. I don't really trust these cryptocoins. I guess if I had been on the ground floor of Bitcoins I'd be happy but I feel like I am late to the party already and the only thing affordable is a cute puppy based crypto. I doubt it will really go anywhere but I only spent a few dollars worth of fiat for it and if it does do something all the better.
     
  4. tozak

    tozak Well-Known Member Silver Stacker

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  5. markc

    markc Member

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    I think there's potential to make money with DogeCoin at this early stage. Over 28% of all DogeCoins have been mined and according to the following article, it has almost twice as many transactions as Bitcoin so I wouldn't be surprised if the price reaches $1 or more.

    http://www.pcr-online.biz/news/read...most-double-the-daily-usage-of-bitcoin/032949
     
  6. SilverKendo

    SilverKendo New Member

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    I hope you are right!
     
  7. southerncross

    southerncross Well-Known Member Silver Stacker

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    I'd be happy with one cent first. :)
     
  8. markc

    markc Member

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    I'll be very happy @ $0.01
     
  9. southerncross

    southerncross Well-Known Member Silver Stacker

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    LOL someone is manipulating the doge on cryptsy , take a look at the stacked buys for 401 coins on the sell side and buys for 400 coins, Must have a bot at work.
     
  10. Golightly

    Golightly Well-Known Member Silver Stacker

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    I'm trading them on crypsty on LTC pairing... Good fun easy market to mess with and lately had had good regular swings.. You should have a go 1200 is cheap 16-1700 is sell.. alot of buy support right now should stay up a little
     
  11. southerncross

    southerncross Well-Known Member Silver Stacker

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    Been at it since late last night, I'm god damn Dogeiniolair Very :lol:
     
  12. Court Jester

    Court Jester Well-Known Member Silver Stacker

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  13. southerncross

    southerncross Well-Known Member Silver Stacker

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    Sort of crazy really but Doge is the third most traded by dollar volume here http://coinmarketcap.com/ right behind BTC and LTC overall, Sweet Much Pretty :) Especially if your a Dogillioniar that bought in for under $150 AUD.
    Months of watching Aus mining share's slide sideways or down for an eternity might have messed with my mind a bit but this is a shyte load of fun trading and if only one in ten teenagers on face book get a hold of a Doge online then...Well... pity the planet. But Sweet Much Pretty :)
     
  14. Golightly

    Golightly Well-Known Member Silver Stacker

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    I know right? Totes Fun,
    BTC-E is a good way to lose money messing with bigger Alt's
    this is just good fun. And the sub reddit made front page on reddit the other day so it's still got legs in it yet
     
  15. Jimmy1986

    Jimmy1986 Active Member Silver Stacker

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