If only we invested in bitcoin before i went up that high...sigh...wonder if dogecoin will be as expensive... On Mon, Jan 27, 2014 at 4:21 PM, Ilitirit Sama <ilitirit@xxxxxxxxx> wrote: > It's the same type of decentralized currency (there is no central reserve > bank - everyone who has a crypto coin "knows" about every transaction). 1 > BitCoin is worth about $850 now. 1 DogeCoin is worth $ 0.0016. > > > On Mon, Jan 27, 2014 at 4:11 PM, Di Lhong <numotd@xxxxxxxxx> wrote: > >> Is Dogecoin the same thing as Bitcoin? isn't bitcoin worth like a lot now? >> >> >> On Mon, Jan 27, 2014 at 4:06 PM, Ryan Williams <ryan820509@xxxxxxxxx>wrote: >> >>> *LOL* DogeCoin... I wonder what's next. >>> >>> >>> On Mon, Jan 27, 2014 at 3:57 PM, Ilitirit Sama <ilitirit@xxxxxxxxx>wrote: >>> >>>> If anyone's ever been interested in seeing Market Manipulation at work, >>>> look no further than DogeCoin >>>> >>>> Currently the 7th Crypto Currency in terms of market cap. Started out >>>> as a joke, gained traction through various social media channels. Caught >>>> the interest of shrewd investors who wanted to make a quick million or so >>>> via "pump and dump" schemes. >>>> >>>> Here's a chat log featuring the guy who started it instructing people >>>> to manipulate the market: >>>> http://pastebin.com/tZYvK7UD >>>> >>>> >>>> *tl;dr: * >>>> >>>>> 00:48 <@[-wolong-]> DOESN'T MATTER IF U BUY AT 210 >>>>> 00:48 <@[-wolong-]> 300 >>>>> 00:48 <@[-wolong-]> I DON'T CARE >>>>> 00:48 <@[-wolong-]> YOU DON'T CARE ABOUT PRICES >>>>> 00:48 <@[-wolong-]> WE SELL 185 >>>>> 00:48 <@[-wolong-]> WE MOVE PRICES DOWN FAST >>>>> 00:48 <@[-wolong-]> WE BUY BACK >>>>> 00:48 <@[-wolong-]> 170 >>>>> 00:48 <@[-wolong-]> YOU SAVED 16 >>>>> 00:48 <@[-wolong-]> 15 >>>>> 00:48 <@[-wolong-]> UNLESS YOU WANT TO WAIT >>>>> 00:48 <@[-wolong-]> HOW MANY DAYS?WEEKS? MONTHS BACK TO 210? 300? >>>>> 00:48 <@[-wolong-]> WE DON'T WAIT FOR MARKET TO MOVE >>>>> 00:48 <@[-wolong-]> WE MOVE THE MARKET >>>>> 00:48 <@[-wolong-]> DAMN IT >>>>> >>>> >>>> >>>> Only a handful of them will make money though. It's a Ponzi scheme. >>>> >>>> >>>> >>> >> >