WOLONG TEACHES

* ChanServ gives channel operator status to the_mad_crapper
<[-wolong-]> And at that point of time, dogecoin was being traded right down to 26 satoshis
* the_mad_crapper sets mode +z #dogecoin-market
<[-wolong-]> I noticed something on the market, someone is driving prices down artificially
* ChanServ gives channel operator status to randomclown
<SuchWow> fascinating
<[-wolong-]> Which is why I took the opportunity to buy everything, and according to maths statistic and analysis, Dogecoin should be value at 200
--> analiser (~analiser@gateway/tor-sasl/analiser) has joined #dogecoin-market
<-- Deusx_ has quit (Read error: Connection reset by peer)
--> AndChat-359961 (~Deusx@166.170.35.86) has joined #dogecoin-market
<[-wolong-]> That was when hash rate increased to 400 but we are still at all times low, I know that at that point of time, dogecoin is worth 100 satoshis
<the_mad_crapper> 22:09 < vocodork_> any why are you guys eating this guy's every word like cake again?
<[-wolong-]> I moved prices live to 80, and then people got back in, hash rate has been increasing like mad which prove the point
<randomclown> Hashrate follows price though
* [-wolong-] sets ban on *!*vocoder@94-227-99-249.access.telenet.be
<-- [-wolong-] has kicked vocodork_ from #dogecoin-market (vocodork_)
<[-wolong-]> Hashrate follow price, yes miner moves the market but the keyword is difficulty
<the_mad_crapper> 22:10 < average_n00b> @[-wolong-] so are you saying doge should be at 200 right now or much higher?
<-- Pebbe|Away has quit (Ping timeout: 252 seconds)
<the_mad_crapper> 22:11 < Zachdoge> Have [-wolong-] post this: http://i.imgur.com/edlHDU6.png
--> NoCoins (~NoCoins@unaffiliated/nocoins) has joined #dogecoin-market
<[-wolong-]> average_n00b, no, I did not say that
--> hxkenneth (~hxkenneth@bb116-15-4-152.singnet.com.sg) has joined #dogecoin-market
<the_mad_crapper> 22:11 < Zachdoge> Have [-wolong-] post this: http://i.imgur.com/edlHDU6.png
<[-wolong-]> I'm saying anything under 200 is favorable for me to buy now instead of pushing prices
<[-wolong-]> because anything above 200 is currently overvalued unless the market is crazy and buying all the time with no dumpers
<[-wolong-]> Right now 1000kh/s generates 9 dollars plus, anything under 10 is profitable
<[-wolong-]> That's according to the hash rate where people are willing to spend, the profit where miners generate
* the_mad_crapper gives voice to deadhand
<[-wolong-]> <deadhand> [-wolong-]: Do you know who was artificially depressing the price when it was at 26 satoshis?
<[-wolong-]> no I don't know who but I took the chance to buy before he buys everything up
<the_mad_crapper> 22:12 < Solnse> does that mean you have doge holding on a long position? liquidating slowly over a long period of time? (1 year+)
--> MischaAnnica108 (mischa.gen@c-67-166-134-221.hsd1.ca.comcast.net) has joined #dogecoin-market
<the_mad_crapper> 22:12 < gigahash> wolong will you protect the market if it goes below 100 again?
--> dslipau (~shadan@ppp203-122-218-55.static.internode.on.net) has joined #dogecoin-market
<loprdrat> sighlence
--> degenorate (~degenorat@unaffiliated/degenorate) has joined #dogecoin-market
<the_mad_crapper> 22:13 < TheBoffin> If you are really doing this for a long term investment, at some point you will have to cash out.  Will you be doing this slowly I assume?
<the_mad_crapper> NoCoins: only ops can see what you say
<[-wolong-]> It's simple economics, so please do not ask when I am pumping the price up it makes no sense to pump if I don't profit. It even makes no sense for me to pump just for you to profit, it's a simple answer. Manipulating prices isn't just pump and dump, there are other key factors in substaining prices, capping prices, and driving out sellers before the rise, lots of steps to be done. But the public only knows 2 things, pump and du
<[-wolong-]> mp. If that's simple you can take my role and pump all you want
<the_mad_crapper> NoCoins: yes
<the_mad_crapper> 22:14 < OrderZero> You've said you're not going to pump, but that was before this incredible drop, have your plans changed at all and if so, how?
<[-wolong-]> < gigahash> wolong will you protect the market if it goes below 100 again?
<[-wolong-]> No I don't think it will go below 100, if it does I will be there to buy up everything, but not to protect, my acts are judge upon that the prices are low and undervalued
--> CookieEH (6a44d2e5@gateway/web/freenode/ip.106.68.210.229) has joined #dogecoin-market
--> Pebbe (~ITSME@asterix.cruxion.im) has joined #dogecoin-market
<[-wolong-]> Will all of these "key factors" be explained in your book or can we find resources on these "key factors" elsewhere? Also what's the status of the book? :)
--> aimnano (~aimnano@108-66-91-70.lightspeed.jcsnms.sbcglobal.net) has joined #dogecoin-market
--> Lobster42 (~phoenixpi@ip70-185-124-111.ga.at.cox.net) has joined #dogecoin-market
<[-wolong-]> Yes, all this will be explained but right now the progress is still drafting, like I have mentioned, the book will begin writing once it reaches 1million goal mark, I have hired some local writers to do that.
--> boobleplex (~boobleple@76-10-162-200.dsl.teksavvy.com) has joined #dogecoin-market
--> vocodork (5ee363f9@gateway/web/freenode/ip.94.227.99.249) has joined #dogecoin-market
<-- analiser has quit (Quit: sdasd)
<[-wolong-]> <Solnse> and as he's said before, anything under 200 is undervalued... but in the current climate, it could go much more undervalued before buyers take up the cheap doge.
<-- stansky has quit (Quit: stansky)
--> analiser (~analiser@gateway/tor-sasl/analiser) has joined #dogecoin-market
--> Grrizz (~Grrizz@219-89-173-212.jetstart.xtra.co.nz) has joined #dogecoin-market
<the_mad_crapper> [-wolong-]: i will stop posting the questions asked. If you post the ones youre responding to- i think that would make the most sense
<[-wolong-]> Exactly... I'm not doing anything to the market, but I will take any opportunity to grab undervalued doges
<[-wolong-]> <MavereX> Do you have something worth saying to all the panic sellers?
<[-wolong-]> Yes, please sell me your doges
<randomclown> [-wolong-]: how many doges is wolong holding?
<SuchWow> lol
<the_mad_crapper> you guys do know, no one can see what you type except ops
<[-wolong-]> <NoCoins> If hashrates drastically rise, will you push prices up? yes, but honestly I'll call that the "panic buy" instead and i will be dumping secretly which I did around 270-280 range.
--> butthole (~anonymous@c-67-188-168-99.hsd1.ca.comcast.net) has joined #dogecoin-market
<-- Sosruko has quit (Remote host closed the connection)
--> chainey (~chainey@unaffiliated/chainey) has joined #dogecoin-market
--> votick (~votick@207.161.99.5) has joined #dogecoin-market
<loprdrat> so the moral of the story is to hold longterm yeah?
<the_mad_crapper> kwickymartkidd: we will go back to normal when wolong Q&A is over
--> Sosruko (~Sosruko@f054170018.adsl.alicedsl.de) has joined #dogecoin-market
<deadhand> I think we as a community should be rather happy that [-wolong-] has raised prices, or we coulI think we as a community should be rather happy that [-wolong-] is doing this. He seems to have rather good intentions for the longevity of the currency (compared to a lot of others who would pump and immediately dump). If too many doges end up in the wrong hands, it could cause damage in the long run.
<-- MischaAnnica108 has quit (Ping timeout: 240 seconds)
<randomclown> average_n00b: Book donation address is in the channel topic
<deadhand> Would this be correct, [-wolong-] ? (The last bit in particular)
<[-wolong-]> Simple said, I am here to profit, but I am here to teach as well, if you want to follow my guidelines, you learn how to fish, if you refuse to learn or take notes of what I have to teach that helps you make your own decision and instead ask me about my pump and dump targets, I can assure you, you are the one going to be crying at the end
<the_mad_crapper> unless youre asking a question please be quiet.  the ops (wolong) still have to sift thourhg the chatter looking for questions
<[-wolong-]> The Markets are cruel, if there are whales in the market, I'm a shark
<[-wolong-]> I show no mercy to people who are gullible and refuse to learn
--> DearNothing (CC@2607:f010:2ba:4:3c47:a6c0:c700:7100) has joined #dogecoin-market
* the_mad_crapper sets mode +q #dogecoin-market Verted!*@*
--> gochris (~gochris@unaffiliated/gochris) has joined #dogecoin-market
<[-wolong-]> If you want to know how market manipulation works, learn to do your research instead of asking pump and dump targets
--> danny (~danny@cable-78.29.222.155.coditel.net) has joined #dogecoin-market
<[-wolong-]> Through this past few days I think I had done alot better and beneficial to the community by explaining how pump and dump works. If you want pump targets I can tell that to you but seriously do you take my word for it? I might be dumping to you before the pump target
<the_mad_crapper> [-wolong-]: i got pm'd the question: What do you plan to do with 1 million fundraised Doges? Will you be donating to your book writers? Or do you have other plans for the  Doges?
<[-wolong-]> My top 1 priority role is to generate profits for my investors, my second priority role is to live with dignity, I don't want any hatred from anybody if you lose in doges listening to my pump and dump, hence that is why I am teaching you how to fish, and now giving you fish
* the_mad_crapper sets mode +q #dogecoin-market Moonrider!*@*
* the_mad_crapper sets mode +q #dogecoin-market vocodork!*@*
* danny is now known as sloperd
<-- pradipd has quit (Ping timeout: 252 seconds)
<[-wolong-]> <OrderZero> Can we invest with you? :D
<-- FaolPlay has quit (Read error: Connection reset by peer)
<-- degenorate has quit (Ping timeout: 272 seconds)
--> fabrezio (47daa6a6@gateway/web/cgi-irc/kiwiirc.com/ip.71.218.166.166) has joined #dogecoin-market
--> mculp (~mculp@1606inc.com) has joined #dogecoin-market
--> rackaz (~rackaz@pool-71-178-10-213.washdc.fios.verizon.net) has joined #dogecoin-market
<[-wolong-]> No, many have asked, there is not a script being made to manage investments, investments with me are not like doge-dice which you can withdraw anytime, the market is volatile. There are position and time to wait. And even so the expected returns are not so high but definitely higher than bank interest rates, if that's ok, but do not expect anything double or triple your money
--> FaolPlay (FaolPlay@cpe-70-125-205-49.rgv.res.rr.com) has joined #dogecoin-market
<[-wolong-]> <Jamenjaw> [-wolong-] they should be learning from what you do and not just folowing you
<[-wolong-]> yes, this is what I'm trying to do
<the_mad_crapper> Zachdoge: HA!
<[-wolong-]> I'm trying to profit from the markets and setting up a community to guide, so even if I profit from the market, people don't hate me because they have learn to fish and in the near future they might be fishing with me
<[-wolong-]> It's like creating an elite force of traders
<loprdrat> can somebody pastebin all of this
<deadhand> Wolong, is there any way we can determine what the price of doge should be on our own? You've stated you've done a number of calculations and arrived at 200.
<[-wolong-]> That's what I want for the ultimatum, but not people asking me pump and dump targets, makes no sense
<[-wolong-]> <CoinmanSachs> [-wolong-]: It would help if they knew the whole phrase "Give them a fish, feed them for a day. Teach them to fish, and feed them for a lifetime"
--> vicious_shibe (~vicious_s@24-155-172-188.dyn.grandenetworks.net) has joined #dogecoin-market
<[-wolong-]> Like someone have stated,  Build a man a fire, keep him warm for a day. Light a man on fire, and keep him warm the rest of his life.
<[-wolong-]> I can light you warm for a day
<[-wolong-]> but if you want to be fed
<[-wolong-]> I can set you on fire
--> thealchemist (~Alquimist@187.187.236.194) has joined #dogecoin-market
<the_mad_crapper> unless youre asking a question please be quiet.  the ops (wolong) still have to sift thourhg the chatter looking for questions
<[-wolong-]> maxswagwow, I have no say i bitcoin market, the market capital is too big and too late for me to get in
<-- dogesrus has quit (Quit: ( www.nnscript.com :: NoNameScript 4.22 :: www.esnation.com ))
<-- vicious_shibe has quit (Remote host closed the connection)
--> CookieEH_ (6a44d2e5@gateway/web/freenode/ip.106.68.210.229) has joined #dogecoin-market
<[-wolong-]> <Moonrider> Wolong, initially you said that the price would be 200 in 3-6 months, what changed and do you still see us being at the 200 mark then?
<the_mad_crapper> ReservoirDoges: he can see that
<-- CookieEH has quit (Ping timeout: 272 seconds)
<-- fabrezio (47daa6a6@gateway/web/cgi-irc/kiwiirc.com/ip.71.218.166.166) has left #dogecoin-market
<[-wolong-]> I get challenge everyday and I moved too fast, and other than that, other whales are buying aggressively
<[-wolong-]> I have to act and buy before I buy in at higher prices
<[-wolong-]> <kwickymartkidd> [-wolong-] can you comment on this picture http://i.imgur.com/t0GL5zv.jpg
<[-wolong-]> I will  be better with a fan than a stick
--> NomZ (4c5818be@gateway/web/freenode/ip.76.88.24.190) has joined #dogecoin-market
--> gaax (620eaf39@gateway/web/cgi-irc/kiwiirc.com/ip.98.14.175.57) has joined #dogecoin-market
<-- analiser has quit (Quit: sdasd)
<[-wolong-]> ReservoirDoges> the_mad_crapper: ask wolong how long his ebook will be-> it won't be long to be boring to read, but it won't be short that it be lack of details
--> analiser (~analiser@gateway/tor-sasl/analiser) has joined #dogecoin-market
--> cokea (298d4bda@gateway/web/cgi-irc/kiwiirc.com/ip.41.141.75.218) has joined #dogecoin-market
* the_mad_crapper sets mode -q #dogecoin-market Verted!*@*
* the_mad_crapper sets mode -m #dogecoin-market
* the_mad_crapper sets mode -r #dogecoin-market
* the_mad_crapper sets mode -C #dogecoin-market
<[-wolong-]> <footodadies> [-wolong-]: so basically you're saying that if we follow you for a little and learn to fend for ourselves we'll be ok, but if we follow you forever you'll eventually rape our wallets ? :))
<maxswagwow> wolong where did you learn market manipulation from?
<[-wolong-]> Yes, I am teaching because of the moral side of me
<Barichards11> Also.. who is your favorite dota2 hero?
<[-wolong-]> But if people ask to be fed, they be doomed
<gigahash> wolong did you pump mooncoin and lottocoin? you and your friend do know those coins have no community and are dead right?
<redmagic> [-wolong-]: has your ebook been completely funed yet?
<Witch_Doc> [-wolong-] you also had mentioned yesterday that 300 was not a problem for the market price ... are you now saying you were wrong?
<OrderZero> here we go
<footodadies> lucky I'm just doing this for fun
<MavereX> I see dogecoin becoming a competitor to bitcoin in the long run, maybe with a future name change or remarketing. Do you see this in the future also?
<Fuaarkk> [-wolong-]: what are the telltale signs that the prices are going to be pumped?
* OrderZero the_mad_crapper sets mode +floodgates
<secondgunner> [-wolong-], How does 1000kHash/s,  >$10 per day and 'undervalued at less than 200 satoshi' relate together? Is there a formula you use to calculate this?
<[-wolong-]> <maxswagwow> wolong where did you learn market manipulation from? -> I learnt it when I started trading in China
<CoinmanSachs> woah
<fapathon> STFU THE MASTER IS SPEAKING
<[-wolong-]> <Fuaarkk> [-wolong-]: what are the telltale signs that the prices are going to be pumped? -> when the book is ready it be all in
<gigahash> +m plz
* [-wolong-] sets mode +m #dogecoin-market
* [-wolong-] sets mode -m #dogecoin-market
<footodadies> this: [05:30] <Fuaarkk> [-wolong-]: what are the telltale signs that the prices are going to be pumped?
<rocoro> we don't have the type of funds like him, so I don't see how we are supposed to do like how he does things ...  what is the advice for smaller investors?  we can profit from seeing whale behavior?
<tweeter4509> [-wolong-]  thank you for being honorable and giving your warning and gracious offer to learn. Much respect to you!
<spudospard> >Teach them to fish, and we'll all run out of fish
<trueshiberist_> what would be the best place to start studying? Penny stock trading?
--> fNROD (~fNROD@p54907FFB.dip0.t-ipconnect.de) has joined #dogecoin-market
<sloperd> wolong, how to invest in a market going sideways?
<Solnse> moderate it again
<billy_blaze> jesus christ
<billy_blaze> everyone stop asking him shitty questions
<\benjamin> build a man a fire....hilarious
<[-wolong-]> sloperd, you arbitrage or put buy/sell orders at ceilings and floors
<riffraffselbow> [-wolong-] did you mean to say you had competition for doges in that initial pump phase, and that's why it pumped faster than you expected at first?
<spudospard> light him on fire ... :)
<[-wolong-]> but do not put the whole entire doges you have for either buy or sell
<[-wolong-]> average out your position
<dslipau> even if you do not have the position in the market to emulate wolong, to understand what is happening puts you in the position to be smart with your trades
--> sdiven (ba2d9fac@gateway/web/cgi-irc/kiwiirc.com/ip.186.45.159.172) has joined #dogecoin-market
<average_n00b> if wolong hands you lemons, make lemonade
* the_mad_crapper sets mode -q #dogecoin-market vocodork!*@*
<Jamenjaw> rocoro i ahve 2500 doge im trying a mix of wolongs advice and my information i ahve gotten form other sorces
<spudospard> oh right
<MavereX> +m
<[-wolong-]> <riffraffselbow> [-wolong-] did you mean to say you had competition for doges in that initial pump phase, and that's why it pumped faster than you expected at first?
<[-wolong-]> <spudospard> light him on fire ... :)
<[-wolong-]> yes
<Solnse> wolong, are you investors divested now?
<sloperd> k, thx, sensei
* the_mad_crapper sets mode -q #dogecoin-market Moonrider!*@*
* the_mad_crapper sets mode -z #dogecoin-market
<[-wolong-]> Solnse, no, like I have said, they are in no hurry of investment returns
<riffraffselbow> Very interesting, thanks for the info
* the_mad_crapper sets mode +r #dogecoin-market
<OrderZero> So you stated before the 1mil doge donation for the book was for personal time/effort, if you're just hiring others to do it will the doge simply go to them?
<deadhand> [-wolong-]: Wanted to thank you for pointing some of us to ZeroHedge. Very interesting reads.
<-- unclealfonzo has quit (Ping timeout: 252 seconds)
* the_mad_crapper sets mode +C #dogecoin-market
<[-wolong-]> This is why everyone is having the wrong perspective,  you invest in a bank, hedge fund? how fast do you ask for returns? a day? a week? a month? no, it's a year minimum and the recurring years
<Solnse> so now you will wait for other whales to drive up the price? Are your investors invested as much as desired?
<RecycledSpoons> [-Wolong-] Do you believe that the USD will crash soon?
<aimnano> [-wolong-] should we really expect a crash of some sort on chinese new year?
<[-wolong-]> So i have no idea why are people demanding returns everyday
<Diggles> Do you only see dogecoin as an investment, or an actual viable alternative to fiat someday?
<jamescarr> RecycledSpoons: that's a silly question
<[-wolong-]> if anyone can generate me returns everyday, sure I will invest in you too
<gigahash> wolong i can sleep soundly knowing ur in control of the market i hope you continue to stay with us my friend
<OrderZero> Before this dump I was doing quite well imo :P
<Jamenjaw> hes not incontro of the market
<gigahash> i know dogecoin is in good hands with you
<the_mad_crapper> [-wolong-]: give me your coin- i give returns everyday ;)
<MavereX> he's only partially in control