Bitcoin wallet monitor / Dogecoin hashrate wallet

It’s been awhile since I’ve posted a topic, so I’ll do a quick explanation.

I’ve been busy with school and stuff…(SUCH SIMPLIFICATION) (Yeah, we’re bringing that back)
Okay, let’s start off with a bit of news that you might already know.
- Bitcoin will be accepted by DISH (This boosted the current price)
- Apparently if you’re a college student, you can get $10 in Free BitCoins at CoinBase (Wallet Intensifies 0_0)
- The DogeCar has one more race in it
That sums up most of the news, there’s not too much going on there.

So I guess it’s time we get into the meaty subject (Much Anticipation) DogeCoin Value
- DogeCoin dropped from 112 satoshi to below 55 satoshi, over half.
- This is very confusing since the price was holding stable for the longest time.

Let’s break this down
- DogeCoin Value dropped, so something must have changed, what caused this drop?
We can look at a variety of things, but one good thing to look at is where the money went. If somebody sold DogeCoin, what did they do with that value? (So Investigate)
The bitter truth was explained by some rather smart merchants who showed that even though /r/DogeCoin was popular, most were just holding on to their DogeCoins in hopes that they would be worth more one day.
Additionally a newer and much larger driver was coming later in the month as another change happened, stagnation turned to a drop in price against BitCoin, and we saw consistent drops.
What does this all mean?
- DogeCoin is largely backed by speculators and cryptocurrency traders.
- This is NOT a bad thing, because you know what speculators are? Predictable.
We can make DOGE even now
- Let’s get you making some DogeCoin even when the market is down, just follow these steps.
1. Monitor
- Go to a BitCoin price monitoring website Preev is my favorite
- Go to a DogeCoin price monitoring website (or more particularly an exchange) you can use nearly anyone, I’d stick to the larger ones, if you don’t already have one, get an account at Cryptsy, then go to their DogeCoin Exchange @ cryptsy
- Look for the trend, I like to look at the current value and wait for a change and see where it goes.
2. Estimate
- This is the fun part, you get to take risks, make mistakes, get messy….and increase your DogeCoin wallet Many Multiply
- Determine where you think the market will go when a large change happens ($10 or greater change in the price of BitCoin)
3. Execute
- Buy or sell expecting the spike, then sell or buy at the spike (as long as you make a conservative estimate, it should do that) For example: $608 -> $618, Doge price will Drop, sell 1000 DogeCoins, Doge price drops from 60 to 55 (watch for orders and see where it is heading) buy back in at 55 (54 if you’re a risk-taker) and you’ve just made 90 DogeCoins, can I get a Shibe-on?
4. Sit back and enjoy the crazyness (optional)
- Watch the price as it changes, it’s going to get a bit freaky, but you’ve already made your Doge, so you’re fine.