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41  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Doge coin is bad on: February 13, 2014, 08:11:54 PM
I dont understand such hate here. Here is letter from Billy Markus - Co-founder of Dogecoin. What i see there is really oposite from what some peoples are trying say here.

[PSA] Your weekly reminder to be respectful of other cryptocoin communities, particularly Bitcoin
http://www.reddit.com/r/dogecoin/comments/1xhpj5/psa_your_weekly_reminder_to_be_respectful_of/

Quote
Bitcoin paved the way for us. There would be no dogecoin community without bitcoin. No fun, no dogesled olympics, no tipping, no charities, none of it.
If you want to know why some (not all) come across as bitter, or elitist, or srs bsns, or even angry sometimes, consider this. For years what they were doing was ridiculed, called illegal, called ridiculous, but they kept going with it anyway, motivated by being part of something they thought was big, something exciting, something special. After working and developing infrastructure for years, and fighting for more mainstream acceptance and finally getting momentum, the tide started to change again, from people thinking of them as a joke to people angry with them, jealous that they didn't get in early, calling it a fad, calling it a bubble, calling everyone involved stupid and lucky at the same time. All just for being involved in something they believed in.
And all the negativity they get has fueled, in some, a bit of an "us vs them" mentality. It's not needed - in many ways it's quite counterproductive to their goals - but it's understandable. It's where we can help, by providing a bit of levity to the cause.
There are plenty of people who support cryptocurrency, whether it be dogecoin or bitcoin or primecoin or whatever. I am one of those people. I believe this is all a fascinating experiment and that we're all in it together. I believe that is the healthiest way to view it, and that wars between the different cryptocurrencies is, to put it bluntly, juvenile. They're all the same with some different parameters, and sometimes with pictures of furry animals on them. There's no need to ever act superior for being part of a different cryptocurrency community. And no, "they did it first" is not a reason, it's just an excuse to justify bad behavior.
Maybe some members have a political or financial ideology that isn't your cup of tea. That's fine. I am personally not particularly political, and sometimes people say or believe things that I think sound a bit on the extreme side. That doesn't mean they don't have a point, that they aren't smart, that ridiculing them accomplishes anything except make us and our whole community look bad. You can have some fascinating discussions with those who have ideals different than yours. Ridiculing those different than you is beneath you. Don't fall for it.
I encourage the community to continue to be accepting. Our message shouldn't be "only people who believe in fun and giving can enjoy dogecoin, no one with different views than me is allowed!" It should be "Hey everyone, cryptocurrency is cool for many reasons. You don't have to care about all the reasons, and you can get out of it whatever you want. But here, play around with some dogecoin and see what all the fuss is about!"
This isn't about anything except being respectful. Bitcoiners as a whole have worked hard to get cryptocurrency where it is, and we benefit from that. Try to understand where they are coming from. Taking two steps backwards, their cause is the same as ours - spreading the awesomeness that is cryptocurrency - just a different spin on it. Let's be supportive.

*thumbsup*


+1
42  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.5 Released! on: February 12, 2014, 08:44:28 AM
I sincerely hope you hold all your doge when the bubble bursts.

TBH dogecoin needs to be have a bubble. How else will we survive/breathe in the moon?  Cheesy
43  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Dogecoin is not Safe. on: February 12, 2014, 08:33:04 AM

2) Infinite supply, you do know what infinite is? Because i can't comprehend infinity.


There’s been a lot of misunderstanding and confusion going around dogecoin’s inflation rate recently. For some reason, people don’t understand it very well. Some people will notice that dogecoin  increases by 5 billion coins every year after 2014. Forever. That is when they start to freak out. Then they panic and declare dogecoin a sinking ship and cash out all their doges. They are idiots, and here’s why:

Firstly, Monetary inflation does not mean price inflation. It is possible for a currency to increase in supply and value at the same time. For instance, bitcoin grew 10000% in price the same year when its monetary base also increased by 13%.

Secondly, consider that in the second year of dogecoin’s existence, we will have a 5% increase in total money supply. Do you know what bitcoin and litecoin had? Here’s a convenient table for you.



Of course, the difference is that dogecoin continues adding to its supply by 5 Billion coins each year, whilst bitcoin and litecoin will continue to halve to zero.

Do you want to take a guess at which year dogecoin will catch up to bitcoin in total monetary supply added?

The year 2174.

You won’t even live that long.

This is the misleading part about Dogecoin’s monetary supply. People see the scary “5 billion coins added each year!!!” statement and they start pissing their pants at vivid imagery of Weimar’s hyperinflation. They forget that Dogecoin is way ahead of the curve, because instead of halving every 4 years as bitcoin or litecoin does, it halves every 1.5 months. This gives it a lot of room to catch up, even if the total monetary supply increases by 5 Billion coins indefinitely.

Here’s the thing. Imagine you wanted to create the best, most profit-maximizing coin possible. What specifications would you want? Obviously, you’d want a coin that halves in rewards as quickly as possible. The faster it halves, the more coins you get (because you mined it since the beginning), and the less coins others get. This also makes the coin rarer, so as supply drops, demand goes up.

But on the other hand, you can’t have the coin halve too quickly. If you did that, there would be accusations of the coin being an instamine scamcoin. One halving every 2~ months sounds about right.

What happens when it stops halving? After that, you want a static, minimal, eternal block reward to support and encourage miners. Miners not only secure the network, but it makes up for lost, destroyed, or stolen coins, which leads to lower levels of volatility and a more secure infrastructure. They also help generate interest in the coin. This is paradoxically good for the value of the coin in the long run. This is where you get the profits.

Dogecoin has all of these traits. Dogecoin’s block rewards are perfectly optimized to be worth as much as possible. Not even bitcoin or litecoin accomplishes that. Why halve in four years, when you can do it in two months?

This should be obvious. And yet people on all sides of the inflation argument appear confused and needlessly agitated. It’s not just the anti-inflation sides of dogecoin that are angry and tout falsehoods. Even the dogeflation proponents on my side argue completely awfully.

For instance, there’s a popular rhetoric about “dogecoin having inflation is good because it incentivizes people to spend money, thus promoting dogecoin”.

This is wrong on so many levels.

That logic will only apply if you are only allowed to use one currency. In the case of Government mandated fiat currency, this applies, because you only have one currency to choose from. Therefore you want to spend your dollars as soon as possible. In cryptocurrency, where there are over nine thousand possible competing alternatives, if dogecoin loses value in the long run, everyone would go buy a non-dogecoin cryptocurrency instead.

This is the kind of pseudo-Keynesianism that gives Keynes a bad name. But I digress. This argument is further invalid because Dogecoin will not have inflation. Dogecoin is going to increase in value. Massively. This entire essay is dedicated to arguing that.

Dogecoin is a deflationary currency. It is NOT inflationary.

From: http://tuxedage.wordpress.com/2014/02/06/a-serious-analysis-of-dogecoin-or-why-i-am-all-in-on-dogecoin/
44  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Dogecoin is so good? on: February 12, 2014, 08:08:02 AM
Read this!

@A serious Analysis of Dogecoin — Or: Why I am all-in on dogecoin.
http://tuxedage.wordpress.com/

I liked it too!
45  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Dogecoin is the Gateway-Coin on: February 12, 2014, 07:51:10 AM
First got DOGE.

Then bitcoin, litecoin.

Now I have at least 5 other alts. So yes, I'd say it has been a gateway-coin for me, although it's still my favourite by far.
46  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Doge coin is bad on: February 12, 2014, 07:14:19 AM

+1
47  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Dogecoin is not Safe. on: February 12, 2014, 07:12:45 AM
https://bitcointalk.org/index.php?topic=461471.msg5094748#msg5094748
48  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Dogecoin is so good? on: February 12, 2014, 07:09:37 AM
You forgot this



Plus there is already a facebook tip bot working and a multiplatform tip bot on the works



More info here:

http://www.reddit.com/r/dogecoindev/comments/1xlsob/needing_help_to_test_facebook_tipping_app/

http://www.reddit.com/r/dogecoin/comments/1xkdvl/tipbot_that_will_work_on_youtube_g_facebook_imgur/
49  Alternate cryptocurrencies / Announcements (Altcoins) / Re: It's coming, are you ready? on: February 09, 2014, 11:49:39 PM
+1 for advertising
50  Alternate cryptocurrencies / Altcoin Discussion / Re: Dogecoin --- Light wallet client for Windows, OS X and Linux. on: February 09, 2014, 04:54:17 PM
This is big, doesn't this make Doge the first altcoin with a lite wallet?

Didn't DGB also get one?

Anyway this is huge and GREAT news for dogecoin!
51  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.5 Released! on: February 08, 2014, 10:50:02 PM
LIGHT WALLET RELEASED!  Smiley Smiley Smiley

http://www.reddit.com/r/dogecoin/comments/1xdr4u/multidoge_010_released_light_wallet_client_for/
52  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.5 Released! on: February 08, 2014, 12:55:29 PM
New wallet update

http://blog.dogecoin.com/post/75989670916/dogecoin-1-5-1-release-upgrade-now
53  Alternate cryptocurrencies / Altcoin Discussion / Re: Doge Music on: February 07, 2014, 11:14:45 PM
As sung by the great Fredoge Mercury with the band Quiba from their 1975 album A Bark at the Shiba.

Shibean Rhapsody!

Is this the real doge?
Is this just fantasy?
Caught in a dogeslide
No escape from reality
Open your wallet
Look up to the pools and see
I'm just a poor shibe, I need no sympathy
Because I'm easy come, easy go
Little high, little low
Anyway the doge blows, doesn't really matter to me

Shiba, just killed a man
Put a BTC against his head,
Pulled out China, market's dead
Shiba, life had just begun,
But now I've gone and thrown it alllllllll away.

Shibaaaaaaaaaa, oooh-oooh-oooh-oooooooooh...
didn't mean to make you so valuable,
if your value is higher again this time tomorrow,
carry on, carry on, as the Moon it's getting closer.

Too late, my bones have come,
Sends doges down my spine,
Pockets aching all the time.
Goodbye, everybody, I've got to mine,
Gotta leave you all behind and dig for doge.

I see a little silhouette of a doge,
Scaramouche, scaramouche, will you dig for more bones?
Bitcoins and Litecoins, very very frightening me!
     wow, such scary
                    (wow, such scary)
     wow, such scary
                    (wow, such scary)
     wow, such scary, very value
Magnificooooo!
I'm just a poor shibe, nobody tips me.
He's just a poor shibe, nobody tips him, spare him his life from this monstruosity.
Easy come, easy go, will you let me dig?
Shiba Inu! No, we will not let you dig.
 let him dig
Shiba Inu! We will not let you dig.
 let him dig
Shiba Inu! We will not let you dig.
let me dig
Will not let you dig.
let me dig
Will not let you dig.
Never, never, never, never let me diiiiig.
No! No! No! No! No! No! No!
Oh mamma mia, mamma mia, mamma mia let me dig.
Shiba Inu has some bones put aside for me, for me, for meeeeeeeeee!

So you think you can leave me and go to the moon?
So you think you can be dogilionaire and not a buffoon?
OHHH SHIBA
Can't leave me like this Shibaaa!
Just gotta fly, Just gotta fly right out of here.
OOOOHHH OOOOOOHHH OOOOOHH
OOH YEAH OOOH YEAHH
Digging really matters. Anyone can see.
Digging really matters..
Digging really matters...
To me.....~
Any way the doges go....
54  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CorgiCoin (CORG) - Come strut with us! on: February 07, 2014, 03:46:40 PM

Just a quick update - we're still actively developing updates for the coin and our supporters.

You can see what our team is currently working on on our public Trello boards located at:

https://trello.com/corgicoin

We're also getting ready to launch our 'giveback' funnel that we have seeded from early miners, you'll be able to get some CORG from that hopefully later this weekend.

We also will have a minor client update released probably tomorrow, this is not a mandatory update but it should be a bit faster on syncing and fixes a few UI issues.


Cheers!


Excellent news!

And +1 for using Trello, I love that website. I think it speaks a lot for you to be so open with your progress. Best of luck!
55  Alternate cryptocurrencies / Altcoin Discussion / Re: XXLcoin is gonna be next successor to dogecoin.. on: February 07, 2014, 03:45:16 PM
Coin for fat people.  Let's do it.


wasn't that BBQ coin?

+1
56  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [Scrypt] SUN Coin - FAIR LAUNCH AT 0 BLOCKS, 1% GENESIS BLOCK TAKEN. on: February 07, 2014, 02:23:27 PM
Solcoin

Solarcoin

now Suncoin

I think i'll stick with Solarcoin. Good luck though
57  Local / Altcoins (criptomonedas alternativas) / Re: [ANN][NUEVA][PesetaCoin - PTC] Vuelve la Rubia / Esta Viva!! on: February 07, 2014, 10:12:35 AM
Ya existe un subreddit:

http://www.reddit.com/r/pesetacoin/
58  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AUR] Auroracoin - a cryptocurrency for Iceland on: February 07, 2014, 10:03:05 AM
There's already a reddit sub:

www.reddit.com/r/auroracoin

and a market as well

www.reddit.com/r/aurmarket
59  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NEW][PesetaCoin - PTC] Blonde Returns!! Exchange Listed on: February 07, 2014, 09:29:17 AM
BTW ticker was changed to PTC (thanks to linkandzelda)

Sweet!
60  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NEW][PesetaCoin - PTC] Blonde Returns!! Exchange Listed on: February 07, 2014, 08:56:26 AM
Peseta coin added to www.cryptorush.in (PES)

Good news! But I agree with the rest, that ticker is weird. Reminds me of Pro Evolution Soccer xD
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