http://bitinfocharts.com/comparison/activeaddresses-btc-ltc-doge.html#3m

It also has the MOST transactions and unique addresses sending coins, as well as the most evenly distributed wealth OF ALL OTHER ALTCOINS.

http://bitinfocharts.com/comparison/transactions-btc-ltc-doge.html#6m

http://bitinfocharts.com/comparison/sentbyaddress-btc-ltc-doge.html#6m

http://bitinfocharts.com/comparison/top100cap-btc-ltc-doge.html#6m

High or low price, Dogecoin is being USED.

Reddcoin was 51% attacked 3 times, and nothing was lost.  Successful 51% attacks are very very rare.

Correlation is not causation.

How come cryptsy is missing from the Dogecoin volume?

Both BTC and USD trading pairs.

Here is a countdown timer for those that are interested:

http://www.csullender.com/dogecoin/

I'm sorry to burst everyone's bubble with FACTS, but:

Dogecoin STILL has the most unique addresses sending coins than any other altcoin. EVEN Litecoin.
http://bitinfocharts.com/comparison/sentbyaddress-ltc-doge.html

AND

It STILL has the most number of transactions per day than all other altcoins, possibly COMBINED as well.
http://bitinfocharts.com/comparison/transactions-ltc-drk-doge.html

There are still tons of users and the potential is there.

Any other altcoin seems dead in comparison in terms of users.

This does not even include any transactions that happen off the blockchain, LIKE TIPPING.

The price could be a pump and dump, but the userbase has stayed above all other altcoins since day 4 of Dogecoin's creation, regardless of price.

It's the #2 coin here for a reason: http://www.coingecko.com/

Possibly, but the bet is that the lower price from inflation would never be as low as having Litcoiners selling Dogecoin for the rest of it's life.

Dogecoin will have a lower inflation rate than Litecoin for 5 more years.  Who knows what will happen by then?

Merge mining with Litecoin puts a really high sell pressure on Dogecoin, effectively guaranteeing a low price forever.

Not to mention Coinotron does not breed a lot of confidence.

An hybrid where the initial distribution is done through PoW for about a year and the security is later enforced by PoS seems quite fair to me.
[/quote]

That is essentially what we are seeing here.

Something will have to be changed soon in the future.  I am glad they are making decisions.

Dogecoin STILL has the most unique addresses sending coins than any other altcoin. EVEN Litecoin.
http://bitinfocharts.com/comparison/sentbyaddress-ltc-doge.html

There are still tons of users and the potential is there.

It won't be pure PoS.

It may be a PoS/PoW hybrid.

Developer support is present: http://www.reddit.com/r/dogecoindev/comments/289ki5/okay_lets_talk_proofofstake/cidfpj8

Dogecoin community support seems to be present for the switch to non-vanilla PoS.

Discussion on when this should occur is ongoing, but the latest time would be at the static block rewards near the end of 2014.

This would be a major transition for Dogecoin.

How come BTC38 has been removed from Dogecoin's daily volume?

Completely valid points!

I do not speak for the community or devs and only have my personal opinions.

Here IS a quote from one of the devs at the time:

Merged mining with Litecoin (and thanks to Charlie Lee for the invitation, of course) would likely help us mitigate 51% attack risks, by merging our mining power together, however it would introduce what have so far been considered undue issues for our mining community. Specifically, merged mining would require significant changes to mining infrastructure, adopting either p2pool or a mining proxy. Many have raised concerns that LTC miners would simply dump DOGE; personally I believe we could have an LTC/DOGE swap doing in the p2pool layer to give each miner whichever coin they prefer, to mitigate this, so this is not a risk I consider a major issue. There are also concerns that we would always be the secondary coin to LTC; personally I’d have considered a pre-defined block at which we de-merge a requirement, but again this isn’t a route we’re taking, I am just going through the evaluation I have done for reference.

I am sure their opinions change daily with the state of the coin, so there is no point holding them to their opinions at the time.

Personally, there are pros and cons to merge mining, and ideally I would love to see Dogecoin make it on it's own, as that would mean hashrate/price would be at a good place.  The halving schedule really forces Dogecoin's hand and I think a decision will need to be made at some point.

Would any SCRYPT coins like to merge-mine with Dogecoin?

I know the Dogecoin devs are completely open to supporting this idea and are working with Tacocoin at the moment on this issue.


I am just here to bring up the topic for discussion. We just passed 0.5 TH/s of hashrate power globally between all the altcoins, and the potential for a 51% attack, however likely or unlikely, is increasing.


Here, in the entire thread, is a good discussion on merged mining from the creater of Litecoin:http://www.reddit.com/r/dogecoin/comments/22niq9/merged_mining_amafaq/

His comments in the thread are very informative.  This should answer most questions. You can even unmerge at a later point.


As for the questions of why merge mine with Dogecoin instead of Litecoin? That it totally up to the each coin's community to decide by weighing the potential of each coin and choose.  The Dogecoin community has discussed Litecoin's offer and has decided to a wait a few more halvings to make a final decision.

Would love to hear your opinions either way!

Done.
On Mintpal in a few hours!

https://twitter.com/MintPalExchange/status/446738455914381312

With ASICs coming around the corner, would it be a good idea to buy and hold this coin until then?
Especially since this coin is one spot away from passing Vertcoin's market cap?

This coin came out 3 months before Dogecoin, and several months before the great altcoin expansion.

It's now at $0.50-0.60/coin.
$2.7 million market cap.
Up ~185% in the last 24hrs.

Crazy!

This price increase is fantastic!

It would be great to spread out the hashrate, especially since it has gone up the last few days.