Bitcoin Forum

http://www.reddit.com/r/dogecoin/comments/1tp40b/dogecoin_is_broken_merry_christmas/

It's a race! Which will happen first, developers raise tx and get all miners to update, or will pissed of BTC seriouspantses destroy the network?

Couldn't this be applied to any high circulating altcoin?

Sounds more like a form of attack. The solution would be for sites like that to detect and block attempts to harm the chain.

This is bad, thanks for posting.  I was really enjoying this coin too.

Yes, isn't this a huge threat? and should be looked at asap

Easy fix: Raise the tx fee.

doge very hungry

doge much eat

doge can't roll on the floor anymore

nice

DeVCoin mints 50,000 coins per block since back when bitcoin was minting 50 coins per block, thus from the start its fees were set as 1000 times as large as bitcoin's plus an anti-dustspam feature was added that bitcoin didn't have itself back in those days.

Bitcoin now has anti-dustspam too, it seems reasonable that DeVCoin's should be at least 1000 times bitcoin's. (Likely at least 2000 times now that bitcoin only mints 25 coins per block while DeVCoin will go on minting 50,000 per block forever).

DOGE mints on average 10 times as many coins as DeVCoin so it seems reasonable its fees and anti-dust ought to be somewhere in the neighborhood of ten times those of DeVCoin.

They didn't do this from the get-go? Hmmm. What kind of amateurs built the thing? Is it a hack-job by people who didn't know what they were doing?

-MarkM-

Dogecoin will be destroyed pretty quickly now that this is public unless the devs step up. Guess this is what happens when you try to make a joke a viable currency.

I hope that was a rhetorical question LOL
As for doge noobs, you got what you deserved, I guess nobody will fix this
Let's the sell panic begins...

oh my  8)  :D

Oh yes sell sell sell, luvs a guud buying oppurtoonity.

-MarkM-

I don't think it's that dire. No doubt there will be an attack. An update will quickly show itself, and the vulnerability fixed.

Again, this doesn't just apply to Dogecoin. It's more of a website flaw. It's a form of spam.

the sooner this abortion dies the better

No no its dire, sell sell sell, gotta buy me sum cheap

-MarkM-

Well said

Buy now and sell lower. Best strategy for noobs and pigs. Works too with bitcoin.
Hmm funny script. I have enough coins to just give it a run. Do you want a bigger blockchain?  ;D

Gotta love the power of FUD.

Good luck with that. How long have we been waiting for Feathercoin to die and still it hasn't even been dropped by Vircurex yet.

Ditto for Worldcoin.

-MarkM-

No no FUD low, buy low, hype high, sell high, no rinse required just repeat.

-MarkM-

I giggle when I see people so mad at DogeCoin. lol

to be honest I think the devs may have missed this because their original intent had been some fun not really expecting the huge interst the coin generated.

the worry is how many of the "serious" coins have the devs missed this on?

See Grumpycat go!

-MarkM-

i think its fixed already  ;D

I'm pretty sure this is only a problem with coins that have a huge money supply but are still highly divisible. Most serious coins have tweaked the minimum size / fee to make this infeasible (or at least very expensive). Remember gavin's 5.4*10^(-??) controversy?

What's everyone's hate for this coin?

If you don't like it just go to something else, simple.

It's become sort of mainstream, and to some that seems ridiculous that it's as popular as it is.

Yeah really its like that stupid coca cola commercial from way back, the guy in the red suit, yikes before you know it he is competing head to head with Saint Nicholas, awful ain't it?

-MarkM-

WOW! There are so many Dogecoin haters out there. Why? Are you upset that your alt-coin failed to command the attention that Doge has commanded in less than a month.

Google your alt-coin and see the "About Results" number. That will tell you how much interest your alt-coin is commanding. I'll put together a spread sheet once I recover from the egg nog.  But just as a quick example --- Dogecoin resulted in about 1,900,000 results on Google, Feathercoin came in at around 1,730,000 while Devcoin resulted in a little over 100,000 results. Wow! Dev-what, Dev-who?

Don't be upset that a new coin is surpassing the alt-coin that you purchased or mined. If (when) Dogecoin succeeds in enhancing the public's awareness of crypto-currencies ALL coins will prospers, so stop hating.

Another thing, I guarantee that Dogecoin will NOT be ruined by presently reported issue.

Careful with the egg-nog, it might have coca-cola in it so you'll get addicted!?!?!

-MarkM-

Hmm.. the last time I checked the prices, dogecoin was way below the 250 satoshi peak. Has it even reached 100 again? Doubt it.
With 100 billion market cap, the coin won't be worth anything anytime soon. It's a fun coin. That is totally ok. And it helps to bring new buyers into cryptocoins. Hopefully they read a little bit and invest in more innovative and better coins than doge.

Dogecoin should be the bridge between the common folk and the crypto nerds.

Agreed, there are much better coins to attack than doge. Dogecoin community acknowledges that it's just for fun and that nobody should take it seriously.

Yet people are seriously considering it as an investment.

We don't have enough market cap to pay 1,000,000's of google search users hundreds of coins per word to post their drivel to our wiki so please don't SEO devcoin yet...

-MarkM-

You are correct sir. Dogecoin is the bridge between the average person and the crypto-nerd. This is why it's important that it succeeds. Because when it does, the average person will be better equipped to understand crypto which opens the doors for existing alt-coins and those to come. Doge's success will the the success of the entire crypto-currency world.

Dogecoin is a success if it can stay @ 100 satoshi per dogecoin. That would be very good. But I expect heavy price flucuations and that will scare every average person.
Pump and Dump coins are not really helpfull to build trust with the average person.

If it can oscillate between 30-or-thereabouts and 200, 250 or 350 or thereabouts like DeVCoin has it will be doing okay - and hopefully by then DeVCoin will be ranging from 5 to 15 times the DOGE price or thereabouts.

-MarkM-

Mirsad,

I agree, pump and dump hurts the crypto-currency world. But what if Facebook adopted Dogecoin? It's popular right now and silly, but gets the job done like every other crypto. This 'what if' would be HUGE for all crypto's.

I've said before, that a "weakness" that many point to (100,000,000,000 Dogecoins) is actually a strength. The average Facebook user is more likely to want to see whole numbers in their accounts than .002345 (as with Bitcoin). So this percevied weakness actually works for Dogecoin.

The community surrounding Dogecoin seems to be a different one compared to the community surrounding other alt-coins. Dogecoin's is larger and not as tech oriented as let's say Devcoin.

There's a lot going for Dogecoin right now and like I've said, when Dogecoin succeeds, the crypto-currency world will go mainstream and that will be a good thing for all coins, including Devcoin.

But we need some things:

Secure wallets with 2 factor authentification.
Sending and receiving coins with email addresses or usernames instead of the actual wallet address.

It has to be easy and safe to use for the average person. Then it will big a BIG, BIG success.

guys you are so delusional. dogecoin for facebook users? ahahahah
bitcoin didn't make it YET and you think a shitcoin like doge can go out of this forum?
Seriously?
Let's dump it and create a new one, it's getting old

ridiculous. No-one apart from absolute idiots wants your shit coins. What next? The starwars kid launches a currency?

doge was created to make a mockery of crypto coins. Get out while you can.

Yeah yeah all the same stuff bitcoin and all the others all also need.

Keep up the promotion end of things and upgrade to latest bitcoin code each time bitcoin gets upgraded and you should be fine.

-MarkM-

Of course all other coins need that.
But doge has such a huge hype -> why not do something usefull instead of only hodling coins?

I guess their attempt to be a mockery backfired on them bigtime then, huh?

Strange that the starwars kids are so far behind the Star Trek and Battlestar Galactica kids though, isn't it?

Maybe a disturbance in the Force whispered "trademark troll" in their ear or something...

-MarkM-

They could fix this in one fell swoop: minimum doge send = 1.0 doge, and be done with it.

First useful thing is to pile up a vast vast pile of buy orders at the low end of the buy order-book, enough to buy up all the coins minted per day and proceeding onward from there to enough to buy up all the coins already minted.

Time enough then to spare a few coins from up-holding the exchange rate to offer some bounties to the bitcoin developers to get some new good things added to bitcoin so all the bitcoin-derived coins will inherit such goodies...

-MarkM-

The only reason altcoins aren't mainstream is because it still requires some basic technical knowledge to get a wallet setup and the likes. When altcoins do become mainstream, you don't think a huge company like Facebook is just going to ignore such a trend?

Doesn't Facebook have it's own crude form of currency? If it sees how popular alt currencies are, why wouldn't they buy one up that's already popular?

Isn't that classic big company behaviour? Wait until something's mainstream, then buy it up.

Maybe not Dogecoin, but still.

More likely they'd launch their own.

Its not like it is technically hard or anything.

They have coders, they have marketing, the only challenge - which for them might not be much of a challenge - is the legal stuff.

-MarkM-

With how often new altcoins are released, why would Facebook, a multi-billion dollar company not just hire someone to develop their own Facebook Coin?

Seems like people are releasing new coins by themselves out of their basement lately. The only thing that sets dogecoin apart right now is it's massive casual following and the huge coin base that makes it so accessible.

A little reminiscent of Feathercoin, isn't it?

But much much cuter mascot.

Oh wait does Feathercoin even have a mascot?

-MarkM-

Mark,

In your opinion, would a Facecoin by Facebook be mined like other cryptos so that it's decentralized?

Huh? It wouldn't, how could they hope to ever secure its blockchain?

It'd be secured by facebookcoin ASICs.

Who would they sell such ASICs to, and why?

The argument I was responding to assumed for the sake of the argument that they would deploy a decentralised coin didn't it?

If not then well yeah duh of course they would use Open Transactions or their own custom crypto-secured currency software.

-MarkM-

wazzzzzupppppppppppppppp!

Sorry. I meant --- would the public be able to mine it?

And I meant that even if it were mine-able who would they license to mine it / equip with their patented trademarked or whatever intellectual property ASICs and why?

Maybe they'd sell USB dongles like ASICminer did?

Maybe do a shares promotion next time they want to raise capital, one USB dongle facebookcredits-miner free to each shareholder or something like that?

-MarkM-

As far as I know it was just one guy who stole the meme of 2013 and source code that was publicly available. He put out a few press releases and because idiots adopted his joke coin he made thousands. He made the coin as a comment on how stupid people like you are. And here you are. Living proof of humanities stupidity. He's laughing all the way to the bank and you'll be catching knives.

Mr. Dogecoin (the creator) is already aware of the issue and will fix it, so relax guys.  It's not the end of the world.

so adobe, such updates

Me, catching knives? Huh? The most I'd be doing is forum-trolling as usual and maybe putting in buy offers starting at one satoshi per coin each time some idiot buys more than one coin from me at more than one satoshi per coin.

(That is, use some fraction of the whatevercoins I get from selling DOGE at more than X satoshis to place an order to buy more at less than X satoshis. Knife? What knife? All the whatevercoins I'd offer to buy with would be just a portion of the profits I already made.)

-MarkM-

it's a joke coin where people took it way too seriously.                                                                                                                                                                                                                                                   

As far as I know it was just one guy who stole the meme of 2013 and source code that was publicly available. He put out a few press releases and because idiots adopted his joke coin he made thousands. He made the coin as a comment on how stupid people like you are. And here you are. Living proof of humanities stupidity. He's laughing all the way to the bank and you'll be catching knives.


Are you calling MarkM stupid? Although he has an opposing viewpoint than mine, he comes across as an informed and articulate individual.

You on the other hand are poorly informed. Google is your friend --- it wasn't one guy for starters. http://spelunk.in/2013/12/17/discover-dogecoin-currency-for-the-internet/

Second in terms of articulating your argument, it isn't very polite to come into a conversation and call someone stupid.

Merry Christmas.

stupid is as stupid do(g)es

LMAO.

Merry Christmas.

How is he going to fix it? Transactions fees are still a great unsolved issue in Bitcoin after five years of debating.

Next he'll be saying there is no Santa Clause.

-MarkM- (Or, worse, no Santa Claus!)

It's the adopters that set the value of the coin. Not the devs.

I couldn't agree more

Sounds like a challenge, folks!

What will it take to cause this chap to agree more?

Maybe he is capable of more agreement than he realises and merely needs more motivation or inspiration?

:evil:

-MarkM-

I hope it dies off. This coin is an embarrassment for the crypto coin community. To many noobs showed up right as it launched. Now it stuck. It offers no innovation to cryptos.

poor guys, mining with shit-tastic laptop and cpus.

but hey, learning experience, i guess.                                                                                                                                                                                                                                                       

http://www.CryptoHits.info/?coin=DOGE

DOGECoin
1 DOGE = 0.00000089 BTC
1 DOGE = 0.00002633 LTC
1 DOGE = $0.00064269 USD (Based on BTC)
1 DOGE = $0.00059243 USD (Based on LTC)

more fud almost every alt coin is vulnerable to dust transactions

trying to bring doge back down to 50 for the big buy ins to complete huh?

some people will actually fall for the fud and sell out oh well

I don't understand... just 1 year ago the Bitcoin community would have done anything to make Bitcoin mainstream and get as many people involved as possible.

Now accessible coins like doge come along and suddenly make "noobs" show up and get interested in cryptocurrency and you complain?

Get off your high horse and stop being such a cynic. Just because you don't like something it doesn't mean the coin is useless. It's spreading *awareness* and that's more than you could ever ask for.

this type of thinking that only computer nerds with 5000 dollar asic rigs can only mine coins is why value is so low

lets face it doge is bringing tons of new people and the btc/ltc crowd is scared

i'm in it for the money.

i couldn't give a slightest fuck about what coins bring the crowd, as long as it makes money.

scared of what? people mining with sub-par equipment? more popularity?                                                                                                                                                                                                                                               

Either way I am going to keep mining coins with much more long term profitability... lets the noobs waste their hash on Doge :)

It's just funny to see so many people hating a coin because they don't like the meme  :D

I don't like it either, but this is fun, even Billy said the coin was just for fun, yet everyone seems to take it way too seriously!!!

Just relax and take the coins with a grain of salt, no one's forcing you too mine it, and if you're investing in things like this for the sole purpose of becoming rich then...well...you're just not doing it right. Never gamble with what you aren't willing to lose, simple. Just relax and enjoy it and go about your lives and don't invest every moment of everyday worrying about it. If you want to do serious trading and investing, then stick to the big coins

so your making money but your shit talking about it at the same time

thats called shitting were you eat bro

not good

Guess what folks.

Nothing happened. 

nooooooooooooooooooo!

It sure identified the trolls.

dumped 5 Million doge today.
Thanks for the tip.

it has the worst number of beggars when compared to the rest of altcoins.

also, if it becomes unprofitable, i jump elsewhere.
as simple as that.                                                                                                                                                                                                                                                                                         

Looks like they resolved the potential issue already. That was quick...

How can you consider it fun when you don't like it?
People don't hate it because of the meme , people hate it because of the stupidity of it's adopters and the way they act and spam the forum.
If it was a joke ti would have been funny , but it's just annoying.

No , many beggars come hoping to mine another clone coin with a dog face on it's wallet and hoping to  get rich.
What the bitcoin community is searching for are merchants and business adopting it as a payment solutions , and people paying their employes with bitcoins.

It never needed lunatics mining a clone coin and begging all day with the hope of buying a lambo with 2 doge.

So , hop on your donkey and take your dog with you also.

serious financial advice :o

 ;D ;D ;D

They fixed it already
http://www.reddit.com/r/dogecoin/comments/1tq34r/psa_all_users_please_update_your_dogecoin_wallet/

Allow me to laugh my a**
"A big thank you goes out the wonderful dogecoin devs for working this out so extraordinarily quickly.."

Can we all lol at this?
They fixed a problem that bitcoiners talked a lot and fixed it a long time ago.
What the hell did they clone?
The first protocol made by satoshi?
Should we start checking all the bugs bitcoin had are really fixed?

This is becoming a joke of a joke coin.

You are sooooo cool, I respect you. You are in it for the money right?
We really care to know what you mine and why, simple as that.

Wow, you must really hate this coin.

Why are you even here, posting so frequently about it all the time?

Then go somewhere else

Bitcoin was born with the principle of freedom in it.
Telling somebody to go somewhere else if they don't like something and denying them to talk about what they see bad in something is against the freedom of speech.
Furthermore , I come with real arguments not stupid trolling.

Yeah , I hate it so much to defend it against FUD , unlike it's stupid supporters who went nuts from a stupid news.


You're the typical zealot , who is not with us is against us.
I'm not. I just hate stupidity.

Just a quick update - Google search results:
Litecoin:      8,140,000
Dogecoin:    5,380,000
Feathercoin:   564,000
Devcoin:        943,000

1 DOGE 1 DOLLAR 2015

Not long before Dogecoin will be more popular than Litecoin I guess

Thanks for alerting