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Jumping On The Dogecoin Train

Discussion in 'CryptoCurrency' started by csaw88, Jan 21, 2014.

  1. csaw88

    csaw88 Newbie

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    Hey Guys I'm Pretty New Here But I Keep Seeing Dogecoin Poping Up So I Guess Ill Be Jumping On The Train Aswell Can Any One Give Me Any advice? Would It Be Worth Getting A "Mining Rig?"
    Advice Will Be Much Appreciated.


    And Donations To Help Me Begin My Journey Are Always Accepted :) Dogecoin Address:
    DPbw9rQVAEs7kD9ACEeJc4tm7zThQFieU6
     
  2. Jeff Bezos

    Jeff Bezos Junior Member

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    Less capital letters.
     
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  3. abaddon86

    abaddon86 Newbie

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    There is all kinds of mining resources to look at. I personally say go for it. Just remember to only invest what youre willing to loose.

    edit: the difficulty is sky rocketing so get in the game as soon as possible
     
    Last edited: Jan 21, 2014
  4. Ste Fishkin

    Ste Fishkin "I'm watching you.." - Apricot Jr. VIP Premium Member UnGagged Attendee

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    its a space ship not a train
     
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  5. .Oscar

    .Oscar Regular Member

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    Bro, I wouldn't bother investing in a mining rig when you can buy the coins outright dirt cheap.

    Seems like the better option to me.
     
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  6. Ste Fishkin

    Ste Fishkin "I'm watching you.." - Apricot Jr. VIP Premium Member UnGagged Attendee

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    All my super cheap sources have gone in the last 48 hours

    I would mine the shit out of it, on feb 14th the block reward is due to half. I think it will happen sooner if this rise in price keeps happening.
     
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  7. ibmethatswhoib

    ibmethatswhoib Jr. VIP Jr. VIP Premium Member

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    zk8yxCZ.gif aaaaannnnnd off we go.
     
  8. akacash

    akacash Jr. VIP Jr. VIP

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    It's worth it do mine still, although as I'm typing this the difficulty and network hashrates are skyrocketing. In a little over the last 72 hours the difficulty has tripled, the price has went up by 4x what it was, and the network hashrate has almost doubled. That being said you can still build a cheap miner and get in on the action, but don't think you're going to replace any meaningful income with it. I'm doing it on the side for fun because I didn't risk anything I couldn't afford to lose, plus the PC can obviously be used for other things to pay for itself as well :) But as long as you do some research and don't jump in blindly, I don't see why you couldn't get on board. Such Fun!
     
  9. tzbt827

    tzbt827 Regular Member

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    There is no point in making your own rig, as others have said it is a lot easier to just purchase the coins.

    By the way, I would advise not to use capital letters at the start of every word.
     
  10. biggerisbetter

    biggerisbetter Registered Member

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    Looking to purchase some via Paypal if anybody knows of a trading platform without high fees.

    Or donate on cryptsy? 4585d1346f17420e25f3ed4567fe836a402e55d5 :)
     
  11. triple9s

    triple9s Registered Member

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    A rig is an investment that might not even pay for itself, so know that before you drop a chunk of change on some cards. I just wish I had starting mining btc back when it was in this infancy like dodge is now. And as someone else said, if you are going to mine, you need to do it now, cause it's only going to get harder from here on out

    To The Moon!
     
  12. ryans2

    ryans2 Newbie

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    Where did you buy your coins from? or where do people find is best to buy theirs from?
     
  13. Conor

    Conor Jr. VIP Jr. VIP

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  14. Tosmekop

    Tosmekop Supreme Member

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    There are 4 different cryptos that I'm looking at. I'm having trouble figuring out which one to go with, so I may invest a bit in all 4.
     
  15. Illini

    Illini Junior Member

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    After what happened with the meteoric rise of BitCoin I know its tempting to jump in and try to find the next "big thing" as far as virtual currencies go but if your reason for investing is because you expect to see a return on investment similar to that of early investors in bitcoin then you will most surely be disappointed.

    The current value of every crypto currency already has the increased hype and awareness that originally propelled bitcoins huge growth built into it.