As an investor (non-speculator, that is), the future of Dogecoin is bright due to it being technically sound for blockchain applications that depend on transactional quickness, cheap fees and the advantage of being affordable in whole amounts for the many (human factors' advantage). OP_RETURN allowing 80 bytes of data in transactions and multisig functionality is often all it takes to build value on top of a blockchain. So if Dogecoin once stabilizes on a higher and widespread level, it will enable innovation that is currently being held back by speculative whales and a possible political interest of keeping Dogecoin down in favour of coins that lack the sweetspot technology I'm looking for when contemplating blockchain innovation.

It should not. Because the original aspiration of providing the world with goodness has been lost forever. Too late to democratize the bitcoins into the hands of the "unbanked", as the narrative told us. At least not without the new Big Bankers of Bitcoin to keep their 99% of the cake. However. In the rising altcoin world there is now one coin that is being highly disregarded and laughed upon; The underdoge. Of course, every altcoin is an underdog compared with bitcoin. But there is this one coin that actually has a chance of becoming vastly democratized. Not in the biblical sense as in "Matthew 20:16 'So the last will be first, and the first will be last.'". But I'm hypothesizing that being the laughing stock of all altcoins by hoards of original FUD:ers from 2013-2014, will actually prevent the self-proclaimed "serious" non-dogecoin investors from going long on doge, hence unintentionally holding up the gates for the many to adopt.

Being a meme coin is secondary. Of course immensely valuable in terms of being an actual social coin of the internet age. And increasingly FUD-resistant, thankfully.

But more importantly, DOGE has in fact an actual use case that is alive and well working, albeit under most new people's radar. Fast transactions and low fees has effectively turned dogecoin into the coin of preference for liquidity and hedging. Which means that in times when BTC loses against USD, Dogecoin tends to increase its BTC-satoshi value, hence keeping dogecoin on par with USD. It has been a considerable time now since dogecoin turned its back on being strictly valued against BTC.

An example: last night BTC made a temporary USD-nosedive, effectively making the troll box of poloniex go wild about the imminent crash of altcoins, doge included of course. But what actually happened was that BTC started to gather around the safe haven, that's dogecoin, in order to heighten the probability of protecting the investors' worth of USD. Naturally there are exceptions to the norm. Trolls sometimes succeed in making investors fall for Fear, Uncertainty and Doubt (That's what FUD means, for any newcomers to know), triggering a temporary sell-off.

The hedging tradition most notably seen on poloniex has it's benefits and drawbacks, depending on how you look at it.

If you are looking for dramatic booms and busts, pump and dumps; sure, dogecoin has had it's share, but oftentimes the hedging at poloniex nowadays tends to ease-up and smoothen the wildest swings... Even making dogecoin look like a boring investment to new-comers. But as history (recent and brittle, I know) has indicated, when the asian dogecoin markets can't wait to spike, there is usually a slowly moving build-up during countless hours where dogecoin patiently waits for investors to make up their minds to buy or sell before the train leaves for the next level.

So whatever you do. Trust only yourself. Read up and make your own educated guess. Only invest what you can afford. And do come over and visit us at https://www.reddit.com/r/dogecoin/. We're in it for the fun, sometimes failing forward on third party stuff not under dogecoin control. But at the end of the day the technology works perfectly to provide the cryptocurrency eco-system with a cheap and fast transactional backbone.

/Me

P.s Devs never left. Community never left. Just took a break while waiting for the market to mature. And now we're growing at a flippening speed. D.S

Since I was the only one to have contributed, I revoked the offer since the church didn't want it in BTC anyways.

Hi,

Given the current slow pace of bitcoin uptake among non-geeks, I truly understand the hesitation of charity organizations to arrange for bitcoin donations.

But instead of relying on any given organization to initiate the simple action of accepting bitcoins, we, as early adopters, should do the initial work for them in order to create decision momentum.

Here's what I've done:

1. Created a wallet dedicated to my targeted charity organization, which happens to be the Church of Sweden.

2. Encrypted it heavily inside a 7-zip archive (http://dl.dropbox.com/u/33297566/svenska_kyrkan_se.7z)

3. Sent the password by snail mail to Church of Sweden's department of donations.

4. Sent email, including encrypted wallet attachment, to Church of Sweden's department of donations, telling them to keep an eye on the wallet's transaction on e.g. http://blockexplorer.com/. Feel free to watch transactions yourself at 1HCZq9rZXFj34j7ncfwwbNqa1ZRRHeeWXy.

5. Mining for bitcoins, I am donating 1/10 to the currently unofficial bitcoin donation address of the Church of Sweden.

This way, the Church of Sweden may or may not get hold of the donated money whenever they feel comfortable to do so.

The important thing is to arrange for a bitcoin wallet honeypot, freely accessible to the targeted charity organization.

If you like this proposal, please try it on your own dedicated charity organization.

And if you feel that a personal donation would be appropriate, you might as well donate to the unofficial receiving address of the Church of Sweden: 1HCZq9rZXFj34j7ncfwwbNqa1ZRRHeeWXy



/Peter Odéus

Due to hdd led activity when using Ubuntu LiveCD, I simply pulled the hard drive out of my laptop and then booted to successfully manage my bitcoin business.

Installation of bitcoin, p7zip and apg password generation software went smoothly, although Ubuntu started to complain about memory (4Gb) running out as the block sequence database was filled, although everything worked in the end .

In my case, p7zip (available from Ubuntu software center) is used for making a password protected .7z-archive, e.g. 7z a -p archivename.7z wallet.dat to add the wallet to a password protected archive. This archive, and password, is now duplicated, fireproofed and stored separately close by and far away.

As for password generation, apg () is being used to generate a sufficiently random password of chosen length. Here I am using something like , where -s lets me randomly type on the keyboard before generating password, -a 1 means I want a non-pronounceable password and where -m 14 means I need a password containing 14 characters.

Donations encourage higher quality information: 171UsWba72m5PdpT3D7jZjNX9PuzeFcMwc