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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Pangia on December 31, 2013, 12:46:39 AM



Title: Nice Yahoo & San Francisco Chronicle Article on this Alt-Coin
Post by: Pangia on December 31, 2013, 12:46:39 AM
http://www.reddit.com/r/dogecoin/comments/1u2439/great_article_on_yahoo_about_our_efforts_keep_up/

http://www.sfgate.com/technology/businessinsider/article/The-Internet-Is-Trying-To-Save-Dogecoin-And-5102355.php


The Internet Is Trying To Save Dogecoin — And It's Working
 
Rob Wile, provided by

 
Published 10:56 am, Monday, December 30, 2013
       

On Christmas Day, someone hacked into two of the largest Dogecoin wallet sites and stole 30 million units of the digital currency.

It was a huge blow to a community that prides itself on its lack of rapaciousness. Dogecoin is mostly used to "tip" people on the Internet for performing favors or good deeds. At least two animal shelter groups, one in Florid and one in Spain, also accept the currency.

That same generosity has now produced an incredible attempt to restore faith in Dogecoin's integrity by raising money to compensate people who'd lost funds.

Launched Friday by techie Ben Doernberg, "the 12 days of Dogemas," which is being run out of reddit, has already raised more than 5 million Dogecoins, worth about $2,200. Contributions have come from around the world, and there's a mining pool that's sending 1% of their haul to the effort. In an email, Doernberg says he hopes to raise at least 15 million.

"The effort has been successful because respect, support and love is baked into the DNA of dogecoin," Doernberg said. "The doge meme is all about over-the-top positivity and optimism, and dogecoin was started in pursuit of fun and laughter, not greed. A few minutes spent on r/dogecoin will show that there isn't a more welcoming, friendly community anywhere on the Internet."

Dogecoin co-founder Billy Markus told us in an email he was amazed by the project.

"I've NEVER seen something like this before in cryptocurrency. Usually when something gets hacked the common response is for everyone to call the people who got hacked 'idiots'. To me, this is incredible."

Dogecoin's market cap has been cut in half since reaching a high of more than $14 million on December 19.


Title: Re: Nice Yahoo & San Francisco Chronicle Article on this Alt-Coin
Post by: efx on December 31, 2013, 12:50:33 AM
'It was a huge blow to a community that prides itself on its lack of rapaciousness. '


Righhhtttt, you guys aren't greedy at all.  ::)


Title: Re: Nice Yahoo & San Francisco Chronicle Article on this Alt-Coin
Post by: carlb007 on December 31, 2013, 12:56:18 AM
'It was a huge blow to a community that prides itself on its lack of rapaciousness. '


Righhhtttt, you guys aren't greedy at all.  ::)
Those that actually support the idea of this arent greedy no.


Title: Re: Nice Yahoo & San Francisco Chronicle Article on this Alt-Coin
Post by: Nullu on December 31, 2013, 01:00:46 AM
I don't hold many Dogecoins (less than 10k), so I don't say this as someone who is invested in the currency; it will bounce back. With the amount of crapcoins coming out on a daily basis, Dogecoins is one of the few that has a rather dedicated community going for it. The name may be ridiculous, and I know people like to hate on Dogecoin, but it's got more infrastructure than 99% of the garbage coins that now come out on a daily basis. Once that market gets flooded people are going to be tired of dump coins solely designed for insta-mining and dumping and/or making the devs tidy pocket change.


Title: Re: Nice Yahoo & San Francisco Chronicle Article on this Alt-Coin
Post by: black_swan on December 31, 2013, 01:02:02 AM
People you are better than politicians: support a scam coin with the only intent to profit on noobs and "donate" $2200 to the same hacked noobs.
Be hypocritical at its best