Hello, I want to change dogecoin to bitcoin, is it possible? I have a bitcoin wallet and a dogecoin wallet. Is there any site to make the conversion? If it's possible, I want trustable sites already used by the community.
Is my cryptocurrency flow safe? How do I safely go from dogecoin to bitcoin?
I'm completely new to cryptocurrency here, and my endgoal here is to convert to bitcoin without resorting to the pains of setting up mining pools or scripts or whatever. So currently, I have cryptocurrency faucets sending free currency to coinpot.co Then I convert it all to dogecoin to withdraw for zero fees. The problem here is I have no idea how to go from dogecoin to bitcoin without using coinpot.co withdraw with a fee.
What's currently the best place to trade Dogecoins to Bitcoins or vice versa?
Hi, I know this sounds like a very newbie question, but I've been out of the Dogecoin community for months, so I feel very out of the loop. Back in the day, I remember everyone was using Bter and Cryptsy to trade... what's the situation like today? What are the trustworthy marketplaces where I can convert one currency to the other and not have to wait for hours for it to process (such was the case with Cryptsy at certain points).
Trustworthy exchange to convert Dogecoin to Bitcoin?
Can you recommend an exchange where I can convert doge to btc? I guess Cryptsy is no longer, and I read negative things about Bter. I have about 220k doge that I want to convert and would prefer not to get ripped off. Any info or insight greatly appreciated!
I made an app to convert Dogecoin to Bitcoin - doge2bit.com
Hey shibes, I've made an app that automatically converts your Dogecoin to Bitcoin, DOGE2BIT.com. There's no account sign-up required and your Bitcoin is paid out almost instantly (on 1 confirm, aprox. 1 minute) Please check it out and give it a try. All feedback is appreciated! It's as easy as:
Ratio of Dogecoin to Bitcoin, and the point that Dogecoin will surpass Bitcoin
Well today I was bored and decided to figure out at what dollar amount dogecoin is worth more than bitcoin (not like past the current price ~$655). Why isn't it just when a single doge gets past a single bitcoin? -Because dogecoin and bitcoin have a different amount of coins to be released through mining. Dogecoin has a 100 billion (100,000,000,000) cap. Bitcoin has 21 million (21,000,000). Righty ho! Let's begin mathing. Simplify the zeros: Ð: 100,000 B: 21 Divide by 21: Ð: ~4,762 (4,761.904) B: 1 So it's 4,762 dogecoin to bitcoin in terms of total amount of coins to be released. Prices: Ð: x B: ~$655 $655/4762 = $0.137 ($0.137547) So when Dogecoin gets to $0.13 each (and all bitcoin and doges have been mined), we beat bitcoin!! (and then we beat bitcoin's $655 per doge of course) My math might be wrong. But it produces a number.
So I am one of the guilty ones who learned all about bitcoin in 2010, went as far as trying to mine and then gave up because it all seemed too difficult, even though I believed in the technology. Real life and a job caught up with me though, and it all slipped my mind... until dogecoin. Back in September 2014 I got back into cryptocurrency again, through reading about dogecoin, and finally was able to buy in. Since then I've lost my original reddit password, but diversified my dogecoin only portfolio to include mainly bitcoin with a small amount of ethereum as well - I'm dollar cost averaging my way to a full bitcoin, but the price rise is making this brilliantly difficult. Anyway, I wouldn't be here without dogecoin, but am glad to be following bitcoin's meteoric rise with some skin in the game. I would imagine there are others in my situation, just wanted to let you know you aren't alone - keep holding gentlemen.
what is the easiest way to transfer dogecoins to bitcoins?
My idea is that if bitcoins value hits a significant low like say 600 usd/coin, i can buy in with half my doge, ride it till it rises back up, and then say, change it back to doge. Is this a good strategy / even possible? thnk you shibes.
So bitcoin price increase, and dogecoin price decrease. Because traders are moving from dogecoin to bitcoin.
but dogecoin market cap is only $14 millions USD, so traders can't keep doge price down, if bitcoin price keep rising. Cause they've already sold their doge earlier, and the guy who bought those doge is not going to trade if he can't sold those doge for a higher satoshi.. Therefore my conclusion is as bitcoin rise and rise. Eventually dogecoin will rise too..
What would be the best way to convert my dogecoin into bitcoin?
I have an amount of dogecoin, but I'm pretty new to bitcoin. I know, I traded some stuff on cryptsy years ago, but that's all gone now. What is the safest way to convert my dogecoin to bitcoin? I should add, I'm 16, and (ideally) would prefer my parents didn't know, they're very outspoken against cryptocurrencies. I simply don't want to be stuck with this deflating currency.
Rough estimate: If Dogecoin were to this moment be as valuable as Bitcoin, 1 DOG = 0.00021 BTC ≈ 0.15 USD with a 33332% increase in value.
My math might be flawed so help me out here, but I've calculated that if Dogecoin were to instantly be as valuable as Bitcoin at the time of this post it would have a 1 USD to 7 Dogecoin exchange rate. The math here is very simple. I took the max potential Dogecoins and divided those by the max potential Bitcoins. I then took that number and divided it by the current value of 1 BTC to USD. 100,000,000,000 / 21,000,000 ≈ 4761.9 4761.9 / 680 ≈ 7 These same numbers will also show us that we will probably never see Dogecoin trading for more than 1 Doge to .00021 BTC on the exchanges. 21,000,000 / 100,000,000,000 = 0.00021 Lastly, we can also calculate how much growth Dogecoin will see if it were to grow to the same value as Bitcoin using today's Dogecoin to Bitcoin exchange rate and the 0.00021 exchange rate from above which show a 33332% increase in value. 0.00021 / .00000063 ≈ 333.32 x 100 = 33332% Please take note that these estimates are very simple and ignoring many other variables, but I just thought I'd share these calculations with everyone.
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