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From an article about the Bitcoin DDoS: "The value of most other Bitcoin variants has fallen, dragged down by the drop in Bitcoin itself. The one exception so far is Dogecoin, whose value has risen markedly. It's now the third most valuable cryptocurrency, after its value soared 27% in 24 hours."
"Kind of hilarious to see the logic gymnastics #Bitcoin Core maximalists are using these days, eg. "it's a store of value" implying actual commerce and use as a currency was never the intended goal." - Jackson Palmer, creator of Dogecoin
I was looking at this chart and found it interesting: https://i.imgur.com/SKO67Kt.png It looks like, historically, Dogecoin's price has been pretty closely tied to its value relative to Bitcoin. Today, however, we're seeing a massive increase in Dogecoin value in USD (approaching all-time high from May) whereas the value relative to BTC remains low. This seems to be the first time this has happened in Dogecoin's history.
1000 transactions per hour avg - Dogecoin is more than 10% in value compare to bitcoin - that means $1070 evaluation for the year of the Dogecoin!! It’s me jbeaupre87- I’m back and still on my quest for 1m Doge!
A guy in /r/bitcoin makes a post urging bitcoiners to rip apart dogecoin through some sort of mass hack/heist in order to increase bitcoin's overall value. The thread subsequently gets crossposted to /r/dogecoin, which is not happy about it at all.
Dogecoin's value being linked to Bitcoin is TEMPORARY!
We all have been observing when Bitcoin goes down, Dogecoin closely follows. I feel this is only temporary until the markets stabilize and it becomes easier to buy Doge without having to buy Bitcoin first and then transferring BTC into Dogecoin. There's some sites now where you can buy Dogecoin directly but they're way over priced. Mt.Gox is down and supposedly bankrupt, this will help Bitcoin and hence help Dogecoin. Dogecoin stands for something completely different than Bitcoin. The Doge Abides; the doge is about fun, having a good time, community, sharing, humor and rocket ships that like to go to the moon and doge is Not focused on greed. As we spread Dogecoin to the world, the more legit it will become. Eventually, we can go to sites like Coinbase and buy Dogecoin directly. I predict in time, Bitcoin and Dogecoin will separate in how they are viewed and perceived and they will only be similar in that they are both crypto currencies. Let's keep spreading the Doge ways! We are the difference, we are the heart of Doge….let's go to the moon (and leave Bitcoin on Earth)!!
Dogecoin's USD value increase from exactly 1 year ago > Bitcoin's increase
As it stands , only at the time I'm posting this , if you invested any amount exactly on year ago bitcoin has -10% of dogecoins increase Source https://www.worldcoinindex.com/trending/overview To the US Dollar: Bitcoin's YTD increase 2376.33% Dogocein's YTD increase 2640.07% (2376.33/2640.07)* (100/1) = 90% Obviously volatility can and will change this , but don't let people blatantly lie (and it's infuriatingly common) and say dogecoin is worthless because it's cheap, They have what i like to call "bitcoin blindness", Cheapness, lack of volatility, being a meme has no difference on the gains you can make if you're a halfway decent HODLer or Trader. People like this rather gain 10% on an expensive coin than 1000% on an altcoin, they have no clue what they're talking about and probably even have no idea why they own the coins they do.
The Dogecoins' USD value shoudn't be calculated from Bitcoin's value anymore
Almost all sites that display average prices in fiat for Cryptocurrencies calculate Doges' value from Bitcoin's USD value. Since there are now serious exchange sites such as Vault of Satoshi to buy or sell Dogecoins with USD/CAD dollars, why isn't the USD value of the Doge officially calculated directly from USD/Doges markets?
Zynga is now accepting Bitcoin, but this is exactly the sort of thing Dogecoin is perfect for (once it matures). Also, it will finally allow players to value items correctly from different games and companies.
so there are around 77600000000 dogecoins as of today, and they are valued at around $.00045 each. There are about 12500000 bitcoins at about $450 each. Altogether that would make the value for dogecoins to be $34920000. So by dividing the total value of dogecoins by the number of bitcoins it would make each dogecoin worth $2.7936. So if there were the same amount of bitcoins and dogecoins, each doge would be worth $2.7936 tl;dr: 1 doge = 1 doge but, compared to bitcoin, each dogecoin is worth somewhere around $2.7936
What caused Bitcoin and Litecoin to go so high in value, and what can Dogecoin do to do the same?
I understand we have the ridiculous number of coins in comparison, but all I know is that Bitcoin started off really cheap, like Doge, and then it exploded to hundreds of dollars per coin. Litecoin did the same, though not quite as high. Still pretty high compared to Doge, though. So the question is, what did THEY do right, that we can try to make sure WE do?
Dogecoin - Bitcoin Chart (DOGE/BTC) Conversion rate for Dogecoin to BTC for today is BTC0.00000021. It has a current circulating supply of 127 Billion coins and a total volume exchanged of BTC4,422.76651471 Dogecoin differs from Bitcoin's proof-of-work protocol in several ways, one of which is by using Scrypt technology. The altcoin has also a block time of 1 minute, and the total supply is uncapped, which means that there is no limit to the number of Dogecoin that can be mined. You can mine Dogecoin either solo, or by joining a mining pool. A Doge miner can mine the digital currency on Windows ... Dogecoin Price (DOGE). Price chart, trade volume, market cap, and more. Discover new cryptocurrencies to add to your portfolio. Skip to content. Prices. Products. Company. Earn crypto. Get $171+ Sign in. Get started. Price charts Dogecoin price. Dogecoin price (DOGE) Dogecoin is not supported by Coinbase. Add to Watchlist $ 0.0026 +0.00%. 1h. 24h. 1w. 1m. 1y. all. $0.0000 January 1 12:00 AM. 8 ... DOGE to BTC Price Details Dogecoin to Bitcoin Exchange Rates . When you convert 1 DOGE to BTC, you will get 0.00000021 BTC, which is the exact amount of BTC that gets transferred in your wallet, once you convert. In the last 24 hours, the maximum DOGE to BTC exchange value stands at 0.00000022, while the lowest recorded exchange value is 0.00000020. ... 1 Dogecoin is 0.000000215 Bitcoin. So, you've converted 1 Dogecoin to 0.000000215 Bitcoin . We used 4641415 International Currency Exchange Rate.
Largest Bitcoin Supercycle BEGINS (Dogecoin Leading the ...
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