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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: bitbets on February 23, 2014, 09:09:03 PM



Title: beautiful day outside
Post by: bitbets on February 23, 2014, 09:09:03 PM


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Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: PyroClasTix on February 23, 2014, 09:26:59 PM
Hmmm interesting.
I was there when it first started. I must be one of those paid posters.

It's honestly such a stupid idea to do what they did (IF they did).
Paying many people to post and hype would cost so much that if it failed, you're totally screwed.
Free economy. Inform people and let them decide for themselves.


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: iluvpie60 on February 23, 2014, 09:29:09 PM
Anyone who is involved with web-design, is aware of the tactics
of making a forum appear busier than it actually is.

Why make a forum look busier than it really is?
Because people tend not to join or post on forums that are not that busy,
that is why.

How do web-designers make forums look busy when they are not busy?
Web-designers can create their own posts under many alt-names, in
order to create the illusion of having more activity on a new forum.
Or, if they have the money to spend, they can hire paid-posters
to fill the forum with even more posts that way.

And once the forum is looking busier, then the web-surfers are much more
likely to join up and start posting themselves.

It works. That is the truth. It is deceitful(lies), but it does work.


That is likely what dogecoin did. They used paid posters and lots of them,
in order to create the illusion of being a popular coin when in fact,
most people had already rejected dogecoin because of the lousy name.

Dogs buy a dogs coin, and dogecoin is based on lies from the time it first started.
The paid posters even started to lie and say that dogecoin went viral, when
in fact, it was the mass-spam paid posters who kept on posting and being paid,
who went and spread the dog-gospel of dogecoin.

As investors though, you have the choice, of whether or not you will be fooled
or deceived by these tactics or not.

So besides a he said/ she said/ they said/ you said, is there some data to back this up? Or are you just retarded? Just wondering.


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: Yuzu on February 23, 2014, 09:39:25 PM
Or...maybe it was just a joke based on a meme that took off?  It's the same with memes you know.  Some take off and everybody passes them around, and some memes are meh right from the beginning.  Some cats become Internet stars and some don't.  I don't think Dogecoin had to hire people to flood the forum.  I think it just got popular cause people thought it was funny.  I think that makes more sense than a huge Doge conspiracy.


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: subSTRATA on February 23, 2014, 09:49:58 PM
Its like I said. Paid posters who mass-spammed, and they made money by pumping and dumping the coin, and fooling people with the illusion of popularity for a garbage coin with a lousy name

+1

Problem is many here are not new only to this forum but life as well, with very little experience especially in investment domain. Or just plain
stupid regardless of age, of course.


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: subSTRATA on February 23, 2014, 10:37:16 PM
Anyone who thinks cryptocoin based on MEME can last for long somehow missed the fact Internet MEMEs are never long-term. DOGE will most
likely die slowly mostly due to amount of money people invested in it (no one likes to be loser so many will try to prevent price crash) but it will
die for sure. There will be new MEMEs and new pumps and dumps, better, way more crazy, with way more money put into propaganda. Since
DOGE has nothing to offer but trendy name (trends change, you know?) there is very little chance it will be successful in the long run.

If you are into DOGE because it is still profitable for you to mine it or trade it, well, I understand that (I trade it myself) but if you are holding it
long-term ... you better rethink that!


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: subSTRATA on February 23, 2014, 10:59:59 PM
I wasn't following DOGE since start but I read somewhere there were 2 known guys who started it all, rich and / or popular ones I'd say. You
might wanna check early DOGE posts here and early DOGE articles on Internet. If I can recall correctly, those 2 guys were working in some
known company or own such company and started everything supposedly as a joke (I totally don't belive in "a joke" part though).


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: subSTRATA on February 23, 2014, 11:04:32 PM
I wasn't following DOGE since start but I read somewhere there were 2 known guys who started it all, rich and / or popular ones I'd say. You
might wanna check early DOGE posts here and early DOGE articles on Internet.

They/he/she may actually be working for the rich man

You would be surprised for how little money one can buy a team of professional spammers and make them post any shits anywhere online.


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: lemfuture on February 23, 2014, 11:08:17 PM
i did like dogecoin cause of cute picture


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: tmwsiy on February 23, 2014, 11:11:53 PM
The same principle would also apply to the super high transaction volume they boast. Its like they are just throwing coins through a blockchain tor-type system.


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: the joint on February 23, 2014, 11:18:50 PM
Speculatively, Doge's meme marketing strategy reminds me of the Quizno's spongemonkey commercials (which were wildly popular and affiliated with a serious company).

Factually, the growth in popularity, alluded to by indicators like transaction volume and network hash rate, suggest that Doge is arguably the second strongest market to Bitcoin.


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: subSTRATA on February 23, 2014, 11:20:06 PM
The same principle would also apply to the super high transaction volume they boast. Its like they are just throwing coins through a blockchain tor-type system.

If you have enough coins to pay transaction fees for long time, you can make any cryptocoin almost stall due to transaction volume, just use
auto-sender to move coins within your own wallet and set it to very high rate. The same goes for exchange volume, set trade BOTs on two or
more accounts to trade between themselves. You'll pay 0.2% or so trade fees to exchange but if your goal is to create an illusion of high volume
(to attract big players) and you invested a lot into coin that should not be a big problem.

Factually, the growth in popularity, alluded to by indicators like transaction volume and network hash rate

There is hashrate pointed at DOGE only if it's profitability is artificially increased to point where miners won't go mine some other scrypt coin.
Contrary to that, most people were and will be mining Bitcoin (especially that one), Litecoin and other major coins no matter what so your story
about DOGE having high hashrate due to popularity is provably wrong. Stop pumping DOGE price and let me know how many miners will stay
mine it after one or few difficulty retargets, once profitability drops way bellow other scrypt coins.


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: soulcity on February 23, 2014, 11:22:25 PM
Ride the wave


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: subSTRATA on February 23, 2014, 11:32:00 PM
Ride the wave

That's it. If we all are smart and have balls to say it like it is then it would be "OK folks, it is zero-sum game, the best ones will make the most
money, the worst ones will lose the most money! Consider it a wealth redistribution!" but it can't be like that since some are not smart and some
others are way too smart and play dirty (yes, those are the same ones who are saying to you a dog coin will be the next big thing or whatever,
just keep on holding!).


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: cozk on February 24, 2014, 12:17:20 AM
Thats it shibes...

Keep talking about dogecoin.

Dogecoin this, dogecoin that... Keep going.


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: cryptohunter on February 24, 2014, 12:32:12 AM
doge is very popular don't doubt this....  people mention it right after LTC  i hear new people to the scene asking the same things without prompting.....what should i mine LTC or DOGE coin.  doge takes a lot of feeding right now to keep stable or head upwards but the long term looks better than people say.

However if you have a crypto portfolio without  a few million doge.....well that's not a portfolio i would advise having.  It is one of the way better gambles for sure.

Yeah you will see some ups and downs but doge and qrk have motivated communities above other alts. They also have a hardcore support group ...this is what you need to push coins forward.

The thing with crypto is this.... pick the coins whatever they are that you think realistically have a good chance long term .... trade in and out of all coins but always trying top up the stacks of those you think have best long term chances whilst keeping a few of all of them for outside chances.

I would never consider selling off all of my doge or being short doge for any long periods of time.  Selling out low and watching it go out of your price range to buy back in is sickening....even more sickening that not selling and it drops a bit, because you know it can come back. However when coins go up x100 or x1000 you know it is NEVER coming back down because too many people have bought in and will hold rather than losing too much.

Also low minting quality coins with solid devs... anyone of those could skyrocket anytime since it only needs a few whales to decide they want in.  dmd cgb phs etc... does not cost much to buy up a large % of the minting on some of those.

Newer and new coins stand less chance of success but again a really good coin, really fair launch, lots of interest from a good initial distribution model and again another big community can spring up.

Nobody knows what will happen but reseach is key.  


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: the joint on February 24, 2014, 04:16:06 PM
The same principle would also apply to the super high transaction volume they boast. Its like they are just throwing coins through a blockchain tor-type system.

If you have enough coins to pay transaction fees for long time, you can make any cryptocoin almost stall due to transaction volume, just use
auto-sender to move coins within your own wallet and set it to very high rate. The same goes for exchange volume, set trade BOTs on two or
more accounts to trade between themselves. You'll pay 0.2% or so trade fees to exchange but if your goal is to create an illusion of high volume
(to attract big players) and you invested a lot into coin that should not be a big problem.

Factually, the growth in popularity, alluded to by indicators like transaction volume and network hash rate

There is hashrate pointed at DOGE only if it's profitability is artificially increased to point where miners won't go mine some other scrypt coin.
Contrary to that, most people were and will be mining Bitcoin (especially that one), Litecoin and other major coins no matter what so your story
about DOGE having high hashrate due to popularity is provably wrong.

Stop pumping DOGE price and let me know how many miners will stay
mine it after one or few difficulty retargets, once profitability drops way bellow other scrypt coins.

1) What?  Artificial profit?  It's been very real far as I can tell.

2) "Not I," said the fly.

3) I've been mining DOGE due to my perception of its popularity, so in my case that's self-evidently right.

4) I'm mining it right now.


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: NGeo on February 24, 2014, 06:00:06 PM
People dont tent to undestand why dogecoin has potential. Ofcourse its normal for everyone to defend his own-mining coin, but in digital coins its all about reputation and market awareness.
People have always been kin to propaganda, history has shown that many times, when someone who presents something in a very "professional" way tends to convince that it is actually worthy. If bill gates or steve jobs was promoting SHITCOIN people would believe that its worth and they would follow.Check youtube about logos-ethos-pathos ( https://www.youtube.com/watch?v=O2dEuMFR8kw). Dont get fooled by luxurious or very highly "professional" coin names. Choosing the right name for a crypto coin wont get you anywhere if it doesnt offer something new. Dogecoin has introduced the idea of cryptocurrency to a wide population in the internet.
Finally, for people who say that producing more coins every year instead of having a hard cap, they should think about future adaptation of a coin in large numbers. Its all about phycological reasons. Its better to use 1 coin to buy a coca cola than sending 10^(-30) coins...

Also if u want u can verify the numbers...

Year    Doge inflation    Litecoin Inflation    Bitcoin Inflation
1             100%             100%                    100%          
2             5.26%             50%                    50%          
3             5%             33%                    33%          
4             4.76%             12.5%                    12.5%          
5             4.54%             11.1%                    11.11%          
6             4.35%             10%                    10%          
7             4.2%             9.09%                    9.09%          


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: RoooooR on February 24, 2014, 06:02:34 PM
Dogecoin was the first professional scam coin spread over the long term.


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: achillez on February 24, 2014, 06:11:38 PM
Dogecoin was the first professional scam coin spread over the long term.

+1 billion

Exactly. Others in this forum (including myself) have attempted since day 1 to educate the masses that this is a pure scamcoin. I mean seriously - 6.5% instamine in 3 days (12B coins!?!?). Who do you think profited from this? It was the huge GPU mining rigs, or worse new scrypt asics from China that mined the crap out of this coin. Then they shilled, pumped, and seems now to be dumping the coin making $ millions of dollars in the process. It's horrible how many newbs were sucked into this ultra-scam coin. The sad thing is the same shills bash Quark or other coins saying these coins instamined. Quark had an instamine (if you want to call it that) over 3 months. Then the price dropped very low for 3+ months giving *anyone* the chance to buy. It was not even close to the scam that is dogecoin.  

I know some legitimate GPU miners also made some BTC off dogecoin, which is great, but they are few and far between.

I guess all of this is somewhat good news for BTC/alt. It means it has matured and professional scammers have come to town, but everyone *please* be careful with future altcoins. Look at the fundamentals, premine, instamine, etc... before you start purchasing this $rap. If you don't you will be burned.


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: NGeo on February 24, 2014, 06:16:54 PM
Dogecoin was the first professional scam coin spread over the long term.

+1 billion

Exactly. Others in this forum (including myself) have attempted since day 1 to educate the masses that this is a pure scamcoin. I mean seriously - 6.5% instamine in 3 days (12B coins!?!?). Who do you think profited from this? It was the huge GPU mining rigs, or worse new scrypt asics from China that mined the crap out of this coin. Then they shilled, pumped, and seems now to be dumping the coin making $ millions of dollars in the process. It's horrible how many newbs were sucked into this ultra-scam coin. The sad thing is the same shills bash Quark or other coins saying these coins instamined. Quark had an instamine (if you want to call it that) over 3 months. Then the price dropped very low for 3+ months giving *anyone* the chance to buy. It was not even close to the scam that is dogecoin.  

I know some legitimate GPU miners also made some BTC off dogecoin, which is great, but they are few and far between.

I guess all of this is somewhat good news for BTC/alt. It means it has matured and professional scammers have come to town, but everyone *please* be careful with future altcoins. Look at the fundamentals, premine, instamine, etc... before you start purchasing this $rap. If you don't you will be burned.

Nice arguments made there. Legit and valid... If u say dogecoin is scamcoin then with that logic all the cryptocoins are scamcoins excluding btc (maybe). And i am sure that you always speak fancy of you favourite coin (dont know what u are mining or have u bought) until u sell all of ur holding and start flaming again. Why dont u let ppl fall into the trap then? Are u jezus who will save the ppl from buyin dogecoin? Why bother posting for a crapcoin?

I personally know that all these up to now are scamcoins but time will tell. I ve found the one and only coin that will have some meaning in the future, but i wont share it with you. (ofc its not btc-ltc-doge)


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: Tenchi on February 24, 2014, 06:17:31 PM
So every coin I put let's say my 100MH/s or more rigs at, is a scamcoin in your eyes?

now you can also rent mining rigs for cheap, I know a lot of people who rent over 200 MH/sec for just 24 hours, to mine the shit out of a newly released coin.


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: achillez on February 24, 2014, 06:21:05 PM
So every coin I put let's say my 100MH/s or more rigs at, is a scamcoin in your eyes?

now you can also rent mining rigs for cheap, I know a lot of people who rent over 200 MH/sec for just 24 hours, to mine the shit out of a newly released coin.

If the coin is setup for a huge instamine over a couple days - yes.


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: papasmurf on February 24, 2014, 06:25:34 PM
Nobody really cares I'm afraid.... why would they. The devs used a method to support the launch of their coin, and probably worked very hard doing it, and it worked, good for them I say.


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: ihavenousername on February 24, 2014, 07:29:22 PM
Anyone who is involved with web-design, is aware of the tactics
of making a forum appear busier than it actually is.

Why make a forum look busier than it really is?
Because people tend not to join or post on forums that are not that busy,
that is why.

How do web-designers make forums look busy when they are not busy?
Web-designers can create their own posts under many alt-names, in
order to create the illusion of having more activity on a new forum.
Or, if they have the money to spend, they can hire paid-posters
to fill the forum with even more posts that way.

And once the forum is looking busier, then the web-surfers are much more
likely to join up and start posting themselves.

It works. That is the truth. It is deceitful(lies), but it does work.


That is likely what dogecoin did. They used paid posters and lots of them,
in order to create the illusion of being a popular coin when in fact,
most people had already rejected dogecoin because of the lousy name.

Dogs buy a dogs coin, and dogecoin is based on lies from the time it first started.
The paid posters even started to lie and say that dogecoin went viral, when
in fact, it was the mass-spam paid posters who kept on posting and being paid,
who went and spread the dog-gospel of dogecoin.

As investors though, you have the choice, of whether or not you will be fooled
or deceived by these tactics or not.

The title of your thread suggests some factual information behind your post but the actual post itself is just riddled with wild assumptions.

I have to say though its quite amusing reading through these threads "dogs buy a dog coin???" really? Doge is the devil incarnate etc  ::) ;D :D

Also to the people saying crapcoin/scamcoin with no use to it, can you tell me another coin which in its infancy (in comparison to a lot of other coins) had so many services available? Can you name many other coins which are actually putting the crypto to good use (Doge4Kids) rather than just to harm the crypto community and just profit the coin maker & the early adopters? Are the people who made the coin, posted tens of thousands of posts across 100s of boards, mined the coin on launch with supercomputers also responsible for dogecoin having over 5million results on google too? Cos thats mighty impressive.



Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: WompRat on February 24, 2014, 07:44:26 PM
Doge hate is a bit silly given that they are doing more than any other altcoin to increase crypto adoption and introducing people to mining.  There are over 690,000 Dogecoin wallets with money compared with just 19,000 Peercoin wallets.

I will agree that it is sad that just 15 addresses hold 49% of all the dogecoins, but all the big coins have piss poor distribution.  26 addresses hold 51% of all quarkcoins and just 271 hold 75%.  Better distribution will probably have to be a key feature of a more successful coin.  




Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: peterlustig on February 24, 2014, 07:48:24 PM
Haters gonna hate.


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: billotronic on February 24, 2014, 08:17:27 PM
Call me old fashioned, but who the fuck cares?

There is soo much bullshit here an army couldn't sort through it all.

Scammers are gonna scam

n00bs are gonna be n00bs


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: farlack on February 24, 2014, 09:00:16 PM
Hmmm interesting.
I was there when it first started. I must be one of those paid posters.

It's honestly such a stupid idea to do what they did (IF they did).
Paying many people to post and hype would cost so much that if it failed, you're totally screwed.
Free economy. Inform people and let them decide for themselves.



It was done in secret. Are you denying that dogecoin had mass-spam paid posters working for them, and may still have paid posters working for them? Make some logical sense here. Its a dog coin.

As a dog coin, it should be trading somewhere with shitcoin or other garbage coins in price, but due to the fact
that it isn't, therefore we have to try and figure out this coin...

Its definitely NOT as it says it is, that is for sure. Misrepresentation. LIES.



.... Dogecoin was made by reddit users.. Who have more users than bitcoin. A mass community supporting a coin based off a community meme and you think it won't be more popular than the Altcoin posted here? It already had a userbase before it was known about. It would be like if the admins of this site made bitcointalk coin and advertised it all over the forums..


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: Predseda4D on February 24, 2014, 09:12:22 PM
Dogecoin was the first professional scam coin spread over the long term.

+1 billion

Exactly. Others in this forum (including myself) have attempted since day 1 to educate the masses that this is a pure scamcoin. I mean seriously - 6.5% instamine in 3 days (12B coins!?!?). Who do you think profited from this? It was the huge GPU mining rigs, or worse new scrypt asics from China that mined the crap out of this coin. Then they shilled, pumped, and seems now to be dumping the coin making $ millions of dollars in the process. It's horrible how many newbs were sucked into this ultra-scam coin. The sad thing is the same shills bash Quark or other coins saying these coins instamined. Quark had an instamine (if you want to call it that) over 3 months. Then the price dropped very low for 3+ months giving *anyone* the chance to buy. It was not even close to the scam that is dogecoin.  

I know some legitimate GPU miners also made some BTC off dogecoin, which is great, but they are few and far between.

I guess all of this is somewhat good news for BTC/alt. It means it has matured and professional scammers have come to town, but everyone *please* be careful with future altcoins. Look at the fundamentals, premine, instamine, etc... before you start purchasing this $rap. If you don't you will be burned.

STOP SPREADING FUD!!!

There was not instamine 12B coins in 3 days !!! Everybody even you can go and check this in blockchain.  ::) It was about 2.5B coins in 3 days. There was not instamine.

You are really retarded!!!  :o


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: achillez on February 24, 2014, 10:13:44 PM
Dogecoin was the first professional scam coin spread over the long term.

+1 billion

Exactly. Others in this forum (including myself) have attempted since day 1 to educate the masses that this is a pure scamcoin. I mean seriously - 6.5% instamine in 3 days (12B coins!?!?). Who do you think profited from this? It was the huge GPU mining rigs, or worse new scrypt asics from China that mined the crap out of this coin. Then they shilled, pumped, and seems now to be dumping the coin making $ millions of dollars in the process. It's horrible how many newbs were sucked into this ultra-scam coin. The sad thing is the same shills bash Quark or other coins saying these coins instamined. Quark had an instamine (if you want to call it that) over 3 months. Then the price dropped very low for 3+ months giving *anyone* the chance to buy. It was not even close to the scam that is dogecoin.  

I know some legitimate GPU miners also made some BTC off dogecoin, which is great, but they are few and far between.

I guess all of this is somewhat good news for BTC/alt. It means it has matured and professional scammers have come to town, but everyone *please* be careful with future altcoins. Look at the fundamentals, premine, instamine, etc... before you start purchasing this $rap. If you don't you will be burned.

STOP SPREADING FUD!!!

There was not instamine 12B coins in 3 days !!! Everybody even you can go and check this in blockchain.  ::) It was about 2.5B coins in 3 days. There was not instamine.

You are really retarded!!!  :o

FUD? This was communicated in multiple bitcoin threads that it was 6.5%, 12Billion coins in 3 days. Supposedly multiple sources also confirmed this. I have not checked the blockchain but given the multiple discussions it seemed legit. Have you checked and verified the blockchain?? Would like to see proof before you go off calling FUD.  Anyways, even if it is not 12B, 2.5B is still a huge number.


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: Predseda4D on February 24, 2014, 10:26:40 PM
Dogecoin was the first professional scam coin spread over the long term.

+1 billion

Exactly. Others in this forum (including myself) have attempted since day 1 to educate the masses that this is a pure scamcoin. I mean seriously - 6.5% instamine in 3 days (12B coins!?!?). Who do you think profited from this? It was the huge GPU mining rigs, or worse new scrypt asics from China that mined the crap out of this coin. Then they shilled, pumped, and seems now to be dumping the coin making $ millions of dollars in the process. It's horrible how many newbs were sucked into this ultra-scam coin. The sad thing is the same shills bash Quark or other coins saying these coins instamined. Quark had an instamine (if you want to call it that) over 3 months. Then the price dropped very low for 3+ months giving *anyone* the chance to buy. It was not even close to the scam that is dogecoin.  

I know some legitimate GPU miners also made some BTC off dogecoin, which is great, but they are few and far between.

I guess all of this is somewhat good news for BTC/alt. It means it has matured and professional scammers have come to town, but everyone *please* be careful with future altcoins. Look at the fundamentals, premine, instamine, etc... before you start purchasing this $rap. If you don't you will be burned.

STOP SPREADING FUD!!!

There was not instamine 12B coins in 3 days !!! Everybody even you can go and check this in blockchain.  ::) It was about 2.5B coins in 3 days. There was not instamine.

You are really retarded!!!  :o

FUD? This was communicated in multiple bitcoin threads that it was 6.5%, 12Billion coins in 3 days. Supposedly multiple sources also confirmed this. I have not checked the blockchain but given the multiple discussions it seemed legit. Have you checked and verified the blockchain?? Would like to see proof before you go off calling FUD.  Anyways, even if it is not 12B, 2.5B is still a huge number.
Yes, I checked it.  :P
Proof is in blockchain. Dont you understand that?!?!?

2.5B is not huge number if you know that in first 66 days was mined about 50B coins.  ;)

And it is really funny that because this FUD was communicated in multiple threads than it is true.  ::) :o ???


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: brooklynite on February 24, 2014, 10:43:36 PM
I agree with OP, its not like DOGE had any real backing like NYAN has millions of followers or FLAP has gazillion lovers who pay $1000 for a mini ipad with the game installed on it. I mean that kind of support would be a reason for DOGE to go up that high.

iPhone 5 sold for $3,500 just for flappy game:
http://www.ebay.com/itm/Iphone-5-16-gig-unlocked-FLAPPY-game-BIRD-24-HOUR-AUCTION-/291086658750?pt=Cell_Phones&hash=item43c61decbe

What does DOGE have to how for? Meme?


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: Gushers on February 24, 2014, 10:55:31 PM
dogecoin got popular on reddit that is why. its called advertising and haveing a niche that shittons of people like.


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: the joint on February 24, 2014, 10:58:47 PM
I agree with OP, its not like DOGE had any real backing like NYAN has millions of followers or FLAP has gazillion lovers who pay $1000 for a mini ipad with the game installed on it. I mean that kind of support would be a reason for DOGE to go up that high.

iPhone 5 sold for $3,500 just for flappy game:
http://www.ebay.com/itm/Iphone-5-16-gig-unlocked-FLAPPY-game-BIRD-24-HOUR-AUCTION-/291086658750?pt=Cell_Phones&hash=item43c61decbe

What does DOGE have to how for? Meme?

Bitcoin could learn from Dpge What TiVo learned the hard way -- nobody cares about a brilliant idea or revolutionary technology if it's marketed in a way that doesn't appeal.  

Linux and Android advocates need to understand that this is why Windows and iOs can and will continue to dominate consumer space.


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: TheBeardedMann on February 24, 2014, 11:03:49 PM
Linux and Android advocates need to understand that this is why Windows and iOs can and will continue to dominate consumer space.

iOS is hardly dominating.

But to the post, who cares?  Is the guy who sold a pet rock a scammer?  No, he sold a pet rock, it's in the name.  Just like Doge, it's in the name, it's a meme.  You shouldn't take more than that into it.  And who cares if it was 99% premined.  Coins only have value if someone pays for it.  I once paid $50 for $15 Weezer tickets, cause that was the value to me.  I wasn't being scammed.  A scam is when you get something other than what you paid for.


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: brooklynite on February 24, 2014, 11:20:48 PM
I agree with OP, its not like DOGE had any real backing like NYAN has millions of followers or FLAP has gazillion lovers who pay $1000 for a mini ipad with the game installed on it. I mean that kind of support would be a reason for DOGE to go up that high.

iPhone 5 sold for $3,500 just for flappy game:
http://www.ebay.com/itm/Iphone-5-16-gig-unlocked-FLAPPY-game-BIRD-24-HOUR-AUCTION-/291086658750?pt=Cell_Phones&hash=item43c61decbe

What does DOGE have to how for? Meme?

Bitcoin could learn from Dpge What TiVo learned the hard way -- nobody cares about a brilliant idea or revolutionary technology if it's marketed in a way that doesn't appeal. 

Linux and Android advocates need to understand that this is why Windows and iOs can and will continue to dominate consumer space.

Linux is pretty useless outside of certain specific server applications. I even used it on my RIG for a month and that was a full month of frustration uintil I discovered Windows 8.1. OOOOF what a relief.

Android is there to only serve one purpose and that is Google's ad revenue. Most of its useful parts are slowly being removed like the USB mounting, WIFI tether, File explorer, while its browser quality just gets worse year over year with no improvement. It's still lacking basic stuff like copy and paste and "browse" to attach a file. After 5 years of "waiting for Android to get better" my next phone is iPhone 6 (if it has 5" screen) or Windows 8.1.



Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: kernels10 on February 24, 2014, 11:22:12 PM
This. Is. Moooooon! (eventually)

Doge just got distracted by something. Doge must focus. Such A.D.D  ;) wow


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: drippx on February 24, 2014, 11:28:31 PM
Anyone who is involved with web-design, is aware of the tactics
of making a forum appear busier than it actually is.

Why make a forum look busier than it really is?
Because people tend not to join or post on forums that are not that busy,
that is why.

How do web-designers make forums look busy when they are not busy?
Web-designers can create their own posts under many alt-names, in
order to create the illusion of having more activity on a new forum.
Or, if they have the money to spend, they can hire paid-posters
to fill the forum with even more posts that way.

And once the forum is looking busier, then the web-surfers are much more
likely to join up and start posting themselves.

It works. That is the truth. It is deceitful(lies), but it does work.


That is likely what dogecoin did. They used paid posters and lots of them,
in order to create the illusion of being a popular coin when in fact,
most people had already rejected dogecoin because of the lousy name.

Dogs buy a dogs coin, and dogecoin is based on lies from the time it first started.
The paid posters even started to lie and say that dogecoin went viral, when
in fact, it was the mass-spam paid posters who kept on posting and being paid,
who went and spread the dog-gospel of dogecoin.

As investors though, you have the choice, of whether or not you will be fooled
or deceived by these tactics or not.

Who cares? So what if they actually added a few posters to make it look popular at first? Using your brains shouldnt be a bad thing. Any alt coin can be a scam coin this just so happens to be the strongest of them all


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: Acidyo on February 24, 2014, 11:58:41 PM
Hmmm interesting.
I was there when it first started. I must be one of those paid posters.

It's honestly such a stupid idea to do what they did (IF they did).
Paying many people to post and hype would cost so much that if it failed, you're totally screwed.
Free economy. Inform people and let them decide for themselves.

I subscribed as number 16. :D

Stresstested the tipbot that mohland made and was having a lot of fun (I love reddit from before dogecoin).

I am now here to apparently collect my payment for turning it into one of the biggest subs. :P


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: Xinixes on February 25, 2014, 12:33:26 AM
"dogecoin LIED and created the illusion of popularity when no-one liked it"

I don't think so, it was a joke that began to attract new miners (like me) because it was fun filling up the wallet. Just a bonus that one suddenly made some small dollars from it. Now I having some riggs and mining other stuff but it's not as fun and most of them don't have a nice community like dogecoin (more like people in aggression).

I think this whole business is more or less a scam and dogecoin was one of the less bad of them and I suppose it will be worse (lol, I just waiting for those trojans to wake up on my computers so backups and reinstall plans are made ::))

(Sorry for any bad English, not my native language, I'm a swede :D)


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: Yuzu on February 25, 2014, 12:56:32 AM
Linux and Android advocates need to understand that this is why Windows and iOs can and will continue to dominate consumer space.

iOS is hardly dominating.

But to the post, who cares?  Is the guy who sold a pet rock a scammer?  No, he sold a pet rock, it's in the name.  Just like Doge, it's in the name, it's a meme.  You shouldn't take more than that into it.  And who cares if it was 99% premined.  Coins only have value if someone pays for it.  I once paid $50 for $15 Weezer tickets, cause that was the value to me.  I wasn't being scammed.  A scam is when you get something other than what you paid for.
+ One million and 42.


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: OrkneyCoiner on February 25, 2014, 01:06:24 AM
Hmmm interesting.
I was there when it first started. I must be one of those paid posters.

me too  ::)


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: jenveno on February 25, 2014, 01:08:29 AM
"That is likely what dogecoin did."

Sooo playing devil's advocate here, you don't actually know, just spreading some good ol' FUD?


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: The Doktor on February 25, 2014, 01:33:16 AM
So you know this is what DOGE did? Show us your evidence. Otherwise I'll just regard you the same way I regard 9/11 conspiracy types, as a headcase off your meds.

Seriously, why are DOGE haters such a rabid bunch.

Such insane. Much mental. Very need thorazine. Wow!


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: cthulu1 on February 25, 2014, 02:10:28 AM
Alex Jones called, he wants you to give him his tin-foil hat back.


And by the way, 69+ GH/s says  the OP batshit insane.


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: The Doktor on February 25, 2014, 02:23:41 AM
Alex Jones called, he wants you to give him his tin-foil hat back.


And by the way, 69+ GH/s says  the OP batshit insane.

Maybe those people are getting paid to mine ::)


Ed


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: cthulu1 on February 25, 2014, 02:24:56 AM
Alex Jones called, he wants you to give him his tin-foil hat back.


And by the way, 69+ GH/s says  the OP batshit insane.

Maybe those people are getting paid to mine ::)


Ed

Well, that is what happens when you mine coins...you get paid! ;)


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: Thingamajig on February 25, 2014, 02:55:05 AM
The OP has a point. Dogecoin is nothing but a measly clone of what is otherwise dated code. In order to get the ball rolling, it wouldn't surprise me if a few accounts were made in order to entice more exposure.

Nonetheless, the real reason Dogecoin also took off was the fact it was the first of it's kind; a meme coin. Unfortunately, it has absolutely nothing else going for it, and effectively is another trash coin for the pile once it goes belly up - and it will, once people start to see it for what it is.


I was too busy mining Protoshares at the time, a decision i did not regret. At least that offered something new. However, i've moved past mining altogether now.


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: dopecoindude on February 25, 2014, 02:59:44 AM
It is a cult.


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: kokonut on February 25, 2014, 03:29:13 AM
Anyone who is involved with web-design, is aware of the tactics
of blah blah blah drool groan...

Anyone who is involved with bitcointalk, is aware that it is unfortunately patrolled by a number of deeply unhappy, halfwitted, sexually frustrated adolescents who can barely string two coherent words together, and haven't the vaguest inkling of an understanding of anything of which they speak.

Bitbets is one such, and I strongly advise ignoring the miserable, incontinent little twit.


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: cthulu1 on February 25, 2014, 03:30:45 AM
Anyone who is involved with web-design, is aware of the tactics
of blah blah blah drool groan...

Anyone who is involved with bitcointalk, is aware that it is unfortunately patrolled by a number of deeply unhappy, halfwitted, sexually frustrated adolescents who can barely string two coherent words together, and haven't the vaguest inkling of an understanding of anything of which they speak.

Bitbets is one such, and I strongly advise ignoring the miserable, incontinent little twit.

+1
:D


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: odetopsyche on February 25, 2014, 03:55:28 AM
Interesting theory... tbh though, even if they "created the illusion" of popularity with less than savory forum tactics, this hardly explains how and why they became as popular as they did.

I've tried to "create the illusion of popularity," and it's hardly a scalable and/or profitable endeavor unless REAL people are excited in the product you are selling.

Also, they're hardly the first altcoin to create the "illusion of popularity." A more interesting question (if we take your claim as valid) is: Why were their tactics so wildly successful?


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: dealwithitdoge on February 25, 2014, 04:55:12 AM
Is this a real accusation? I'm not quite sure if you're trolling or retarded.

The developer declined a $500,000 investment offer. When confronted that he "could become rich off this idea" he diverted that he's already rich: he donated thousands of dollars to various sources... out of nothing; something that all started off as a joke. He stated that this was a better story for his kids/grandkids than becoming wealthy.


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: maxxoccupancy on February 25, 2014, 04:57:51 AM
Dogecoin took off for the same reason that Litecoin and Bitcoin did:
1. Tons of faucets (forum and websites)
2. Different approach garnered media attention
3. Everyone could mine it from Day 1


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: achillez on February 25, 2014, 06:05:49 AM
Dogecoin was the first professional scam coin spread over the long term.

+1 billion

Exactly. Others in this forum (including myself) have attempted since day 1 to educate the masses that this is a pure scamcoin. I mean seriously - 6.5% instamine in 3 days (12B coins!?!?). Who do you think profited from this? It was the huge GPU mining rigs, or worse new scrypt asics from China that mined the crap out of this coin. Then they shilled, pumped, and seems now to be dumping the coin making $ millions of dollars in the process. It's horrible how many newbs were sucked into this ultra-scam coin. The sad thing is the same shills bash Quark or other coins saying these coins instamined. Quark had an instamine (if you want to call it that) over 3 months. Then the price dropped very low for 3+ months giving *anyone* the chance to buy. It was not even close to the scam that is dogecoin.  

I know some legitimate GPU miners also made some BTC off dogecoin, which is great, but they are few and far between.

I guess all of this is somewhat good news for BTC/alt. It means it has matured and professional scammers have come to town, but everyone *please* be careful with future altcoins. Look at the fundamentals, premine, instamine, etc... before you start purchasing this $rap. If you don't you will be burned.

STOP SPREADING FUD!!!

There was not instamine 12B coins in 3 days !!! Everybody even you can go and check this in blockchain.  ::) It was about 2.5B coins in 3 days. There was not instamine.

You are really retarded!!!  :o

FUD? This was communicated in multiple bitcoin threads that it was 6.5%, 12Billion coins in 3 days. Supposedly multiple sources also confirmed this. I have not checked the blockchain but given the multiple discussions it seemed legit. Have you checked and verified the blockchain?? Would like to see proof before you go off calling FUD.  Anyways, even if it is not 12B, 2.5B is still a huge number.
Yes, I checked it.  :P
Proof is in blockchain. Dont you understand that?!?!?

2.5B is not huge number if you know that in first 66 days was mined about 50B coins.  ;)

And it is really funny that because this FUD was communicated in multiple threads than it is true.  ::) :o ???


Ok I just scanned the blockchain myself. It looks like you're right 3 days over 3B were mined (not 12B). I stand by my statement though that this is a huge number in a short time. The noobs sadly were suckered thinking 100k coin for <1BTC was a good deal.

About the 66 days thing @ 50B coin, I understand this is >50% of the total supply. That's kind of scary as well. Not sure where dogecoin is going w/ the rapid ramp.



Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: The Doktor on February 25, 2014, 06:39:42 AM
Ok I just scanned the blockchain myself. It looks like you're right 3 days over 3B were mined (not 12B). I stand by my statement though that this is a huge number in a short time. The noobs sadly were suckered thinking 100k coin for <1BTC was a good deal.

About the 66 days thing @ 50B coin, I understand this is >50% of the total supply. That's kind of scary as well. Not sure where dogecoin is going w/ the rapid ramp.




The extremely rapid ramp is my biggest concern for DOGEs survival. Miners will leave with each halving, leaving DOGE open for a 51% attack. And there are plenty of haters to do the attack. Also I'm sure at least a few real scumbags out there who would do it for financial gain. The weak development(?) team doesn't really help.

Still I wish the dog much success. Nobody has created brilliance out of stupidity this well since Monty Python.


Ed


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: qznc on February 25, 2014, 07:17:24 AM
All money is mass delusion, crypto or fiat or whatever. Nothing wrong with that.


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: BLCAAN on February 25, 2014, 08:17:02 AM
Anyone who is involved with web-design, is aware of the tactics
of making a forum appear busier than it actually is.

Why make a forum look busier than it really is?
Because people tend not to join or post on forums that are not that busy,
that is why.

How do web-designers make forums look busy when they are not busy?
Web-designers can create their own posts under many alt-names, in
order to create the illusion of having more activity on a new forum.
Or, if they have the money to spend, they can hire paid-posters
to fill the forum with even more posts that way.

And once the forum is looking busier, then the web-surfers are much more
likely to join up and start posting themselves.

It works. That is the truth. It is deceitful(lies), but it does work.


That is likely what dogecoin did. They used paid posters and lots of them,
in order to create the illusion of being a popular coin when in fact,
most people had already rejected dogecoin because of the lousy name.

Dogs buy a dogs coin, and dogecoin is based on lies from the time it first started.
The paid posters even started to lie and say that dogecoin went viral, when
in fact, it was the mass-spam paid posters who kept on posting and being paid,
who went and spread the dog-gospel of dogecoin.

As investors though, you have the choice, of whether or not you will be fooled
or deceived by these tactics or not.

WTF, dude you can't just say shit like this without some kind of proof. You remind me of Redban.


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: faithdealer on February 25, 2014, 09:54:12 AM
Just when I think the retardation in this forum has peaked, I see this thread.

"ITS A DOG COIN"

 ::)


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: hvezdasmrti on February 25, 2014, 10:11:24 AM
As Joseph Goebbels said: a lie which get repeated one hundred times will get true...

However this scenario is not the most probable. It seems to be just a joke which got popular. Maybe in few months after planned death of this coin by no miner support we will not see you were rickrolled but "you were doged" same like we now say "you were goxed".


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: El Dude on February 25, 2014, 12:19:57 PM
lol who buys dogecoin ? everyone I know mines and dumps it for bitcoin or litecoin.


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: awais3344 on February 25, 2014, 12:27:21 PM
Hmmm interesting.
I was there when it first started. I must be one of those paid posters.

It's honestly such a stupid idea to do what they did (IF they did).
Paying many people to post and hype would cost so much that if it failed, you're totally screwed.
Free economy. Inform people and let them decide for themselves.



It was done in secret. Are you denying that dogecoin had mass-spam paid posters working for them, and may still have paid posters working for them? Make some logical sense here. Its a dog coin.

As a dog coin, it should be trading somewhere with shitcoin or other garbage coins in price, but due to the fact
that it isn't, therefore we have to try and figure out this coin...

Its definitely NOT as it says it is, that is for sure. Misrepresentation. LIES.


you know you sound like a total retard when you think that its a "doge" coin and therefore its shitty and disgusting, the only shitty and digusting thing here is a human who thinks he's greather and clean and serene than a doge. While humans are full of fucking greed for their life they'll fuck the whole world. And dogs are not. Shove your argument up your butt.


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: Snail2 on February 25, 2014, 12:31:20 PM
These lies are called marketing. Do you really believe in ads :)?


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: bitaxed on February 25, 2014, 01:06:02 PM
Started as a joke, recognized as a scam, no one calls it money. May be dogecoin is a social game. You have interaction, it is funny. You have to pay to play the game and if you are clever/funny you can make a small profit. The main goal is going to the Moon (increase the value becoming viral). The dogecoin game is a parody of the real fiat/crypto "war games". A game is played until there is something to learn then it becomes boring. If dogecoin is actually a game, the meme is not relevant for understanding how much can last.


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: BitCoinPokerBro on February 25, 2014, 01:26:11 PM
So much slander. :( Can't everyone sing kumbaya and be happy  ;D


Title: Re: dogecoin LIED and created the illusion of popularity when no-one liked it
Post by: qznc on February 25, 2014, 01:27:03 PM
you know you sound like a total retard when you think that its a "doge" coin and therefore its shitty and disgusting, the only shitty and digusting thing here is a human who thinks he's greather and clean and serene than a doge. While humans are full of fucking greed for their life they'll fuck the whole world. And dogs are not. Shove your argument up your butt.

Such Generosity. Much Community. So Wow. Amen.