[ANN][DOGE] Dogecoin - very currency many coin - v1.10.0

[NrX]

In last upwards movement it showed potential to cross 100 satoshi but then came down. I will not undermine its potential spike because of the injected money for last few days on continuous basis. Sometimes it take little longer than expected time but it happens periodically again and again in Doge too.

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[Mr.Spreadthehamster]

this my favorite coin fast and cheap
someone can explain me how to mine dogecoin?
must use GPU or can use PC?
I'm newbie and want mine dogecoin

[oleksii777]

I think there should be a limited number of coins then the coin will grow. Either the introduction of new technologies in coin to compete with other coins.
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Is Doge still being mined - as in are there new coins being produced or is the supply limited at around the current 112 Billion?

The total supply of DOGE is unlimited - but the number that can be mined per year is limited and reduces every year in a similar way to BTC, but in years to come more can still be mined -what that actually means is that there will always be an incentive to mine (keep the chain moving), and fees can stay low.

Last I read was that 3-4% new DOGE would be mined this year which is less growth than most other coins (BTC ~4% new supply) - so you shouldn't be too alarmed about the unlimited supply

All this is factored into the price.

When BTC runs out - the only incentive to mine will be the fees which could impede the chain - this wont happen with DOGE.

[Coindgr]

this my favorite coin fast and cheap
someone can explain me how to mine dogecoin?
must use GPU or can use PC?
I'm newbie and want mine dogecoin

DOGE can be mined by GPU and CPU.
GPU is faster than CPU, but even this is not profitable at the moment, you should get a scrypt ASICS to mine it. And for more profit you should merge mine DOGE with LTC.

[nonny12]

Is Doge still being mined - as in are there new coins being produced or is the supply limited at around the current 112 Billion?

New coins are produced at this rate, per block. It's at the perpetual reward of 10,000 DOGE per block.

Block 1-100,000: 0-1,000,000 DogeCoin Reward
Block 100,001 — 200,000: 0-500,000 DogeCoin Reward
Block 200,001 — 300,000: 0-250,000 DogeCoin Reward
Block 300,001 — 400,000: 0-125,000 DogeCoin Reward
Block 400,001 — 500,000: 0-62,500 DogeCoin Reward
Block 500,001 - 600,000: 0-31,250 DogeCoin Reward
Block 600,000+: 10,000 DogeCoin Reward

[Krista06]

I am still holding my few thousand Doge, there was already a spike in the price this year, maybe next year, the price would rise again. I really like it for it's fast and low transaction fees compared with bitcoin.

[BitcoinBoy1337]

I am still holding my few thousand Doge, there was already a spike in the price this year, maybe next year, the price would rise again. I really like it for it's fast and low transaction fees compared with bitcoin.

Yes there was always a Spike in price ( Till now). But still it is lovely to transfer with doge

[starmman]

I think there should be a limited number of coins then the coin will grow. Either the introduction of new technologies in coin to compete with other coins.
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Is Doge still being mined - as in are there new coins being produced or is the supply limited at around the current 112 Billion?

The total supply of DOGE is unlimited - but the number that can be mined per year is limited and reduces every year in a similar way to BTC, but in years to come more can still be mined -what that actually means is that there will always be an incentive to mine (keep the chain moving), and fees can stay low.

Last I read was that 3-4% new DOGE would be mined this year which is less growth than most other coins (BTC ~4% new supply) - so you shouldn't be too alarmed about the unlimited supply

All this is factored into the price.

When BTC runs out - the only incentive to mine will be the fees which could impede the chain - this wont happen with DOGE.

I don't agree, but have a very long term view - I'm certain that lot of the smaller coins will die when their chain no longer returns a reward as there will be no incentive more miners to keep it going, effectively stalling the chain - DOGE is one of the few coins that won't allow this to happen as the coins will be infinitely mineable - but always reducing, so still increasing value (so long as demand stays) - my thought is that this factor may actually increase the long term value in the mid future. I wouldn't be suprised if other coins had hard forks in a few years time to add more coins or infinite when they realise the grim prospect of their chains stopping.

IMO this is good foresight in the DOGE developers mind.

[Baiazid]

I compared Cardano with Doge and found that both are similar in supply sense except Cardano has some less supply but both are same kind

LOL, what? Cardano has been out for less than 2 months, there are already 25 billion tokens that appeared from somewhere. You cannot compare a brand new premined coin to an old school coin that has immense popularity and 4 years running time behind it. Cordano's 700 million USD market cap just shows how price suppressed and undervalued Doge is now at ~214 million.

Meanwhile, one of these just tripled in value. Give you a hint, it wasn't Doge.

Quintupled since then, actually. Cardano is a beast of a coin, pretty crazy you were trying to tell everyone right before it took off. lol

Im a doge fan but making a comparison with Cardano is just crazy and like comparing apples with caviar. But i do agree Doge can go much higher from this position.

[Bitcoininspace]

does not it seem that this product is aimed at teenagers who are addicted to memes?

[BTCMILLIONAIRE]

does not it seem that this product is aimed at teenagers who are addicted to memes?

Are you trying to imply that memes aren't an integral part of contemporary culture?

[Timetwister]

Is the coin or wallet still being developed or improved in any way, or has it just been abandoned?

[d1337r]

Is the coin or wallet still being developed or improved in any way, or has it just been abandoned?

Well good question, the latest wallet release is from November 10, 2015, according to GitHub. Not much happened here.

[Raist]

It is totally abandoned and developer went to moon. Evil tongues gossip that all dogs were eaten in Korea and community have forgotten about the coin.
Somehow aliens are trading doge coin for hundreds of BTC every day. Personally I suspect illuminati or Mongolian mafia.

[BTCMILLIONAIRE]

It is totally abandoned and developer went to moon. Evil tongues gossip that all dogs were eaten in Korea and community have forgotten about the coin.
Somehow aliens are trading doge coin for hundreds of BTC every day. Personally I suspect illuminati or Mongolian mafia.

I heard they're one and the same from insider sources.

[Petersha]

Doge coin increase from last couple of weeks and it is quite stable now. Very good coin.

[sabbir2world]

Is the coin or wallet still being developed or improved in any way, or has it just been abandoned?

Well good question, the latest wallet release is from November 10, 2015, according to GitHub. Not much happened here.

Wallet doesn't need any fix. And wallet is totally useless since you can do it with coinb and you just need a paper wallet with a private key, Print it and save it anywhere safe and nobody can hack it ( well if not physical access :p )

[Bruce_Wayne]

People who bought at this price are going to make so much money from Dogecoin, it is so obvious.

after the shitcoin pumping and fake volumes conclude, the truth will be revealed as clear as daylight.

There is no escaping DOGE, no matter how one tries to look the other way or perceives it differently.

Doge is etched into the culture of the crypto currency World. Hand in hand with passion, step by step with audacity.

[starmman]

Is the coin or wallet still being developed or improved in any way, or has it just been abandoned?

DOGE does still have a (passive) dev team - and there have been (few) commits in the last few months - however the coin is one of the most stable in the market - already had 10x capacity of Bitcoin (or 5x capacity of Bitcoin + Sewgit), so not a huge amount actually needs to be done. I know people who practice fundamental analysis love a wallet release.

Info about development can be found here

https://www.reddit.com/r/dogecoindev/

most of the community post here - a loose roadmap can be found somewhere in there

https://www.reddit.com/r/dogecoin/

[starmman]

DOGE is 4 years old today - first block was generated on: 2013-12-07 19:55:27 (Pacific Time)