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Author Topic: [ANN][DOGE] Dogecoin - very currency many coin - v1.10.0  (Read 3097996 times)
jarif
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January 19, 2014, 04:47:50 PM
 #11061

Wait a minute, 31% of total coins have been mined???   Shocked Shocked Shocked
What's going to happen when they have all been mined?  Miners won't have incentive.  What then?  This coin is fucked.


The World is ready then. No reason to build new anything.
Madychoux
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January 19, 2014, 04:51:52 PM
 #11062

Wait a minute, 31% of total coins have been mined???   Shocked Shocked Shocked
What's going to happen when they have all been mined?  Miners won't have incentive.  What then?  This coin is fucked.

I just shat a brick!

Dogecoin will be the worldwide currency  Grin
dedicatedpoolcom
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January 19, 2014, 05:01:05 PM
 #11063

LOL, I thought I'd never see the day :p  Hello sir, do you accept DOGE COINS?  Yes, I'd like to purchase a dog with DOGE COINS.

Well it's been like 24 hours since I posted an ad so I'm going to put a small one up.  We're doing 500Mh/s (0.5GH/s) and have better than 100% block finding efficiency for the last 24 hours!


http://dedicatedpool.com/images/logo.png

DOGE.DEDICATEDPOOL.COM

Benefits of Mining on DEDICATEDPOOL.COM

  • Backups every 30 minutes of the databases and wallets to protect your mining endeavours.
  • Full 24/7 support available at admin@dedicatedpool.com
  • Mine uninterrupted - dedicated servers w/redundancy, DDoS protection.
  • Trustworthy admins who care about your experience and mining.

Predseda4D
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January 19, 2014, 05:04:40 PM
 #11064

Wait a minute, 31% of total coins have been mined???   Shocked Shocked Shocked
What's going to happen when they have all been mined?  Miners won't have incentive.  What then?  This coin is fucked.

Then DOGE will be in another galaxy, far, far away.

Miners will be digging for fees. :-p
buddynuno
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Bcnex - The Ultimate Blockchain Trading Platform


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January 19, 2014, 05:05:34 PM
 #11065

It's Amazing to watch DOGE fighting those huge sell walls and they can't bring the shibe down  Cheesy

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anonuser777
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January 19, 2014, 05:10:41 PM
 #11066

For those complaining about the client not being able to encrypt your wallet (or use any console functions, including "help"!) on certain versions of windows, then simply run your client in compatibility mode for Windows 98 (ie: right click > properties > compatibility tab > run this in compatibility mode for > Windows 98 / ME)

Works fine now on my Windows 8 64bit. Try using other compatability modes if that doesn't work for you.

Smiley

D9DnY4MArhzW4h16xMc1X6kBZ6C2wGoHqB
LightningFury
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January 19, 2014, 05:16:03 PM
 #11067

Wait a minute, 31% of total coins have been mined???   Shocked Shocked Shocked
What's going to happen when they have all been mined?  Miners won't have incentive.  What then?  This coin is fucked.

I just shat a brick!

miners extract fees

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Predseda4D
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January 19, 2014, 05:20:49 PM
 #11068

For those complaining about the client not being able to encrypt your wallet (or use any console functions, including "help"!) on certain versions of windows, then simply run your client in compatibility mode for Windows 98 (ie: right click > properties > compatibility tab > run this in compatibility mode for > Windows 98 / ME)

Works fine now on my Windows 8 64bit. Try using other compatability modes if that doesn't work for you.

Smiley

D9DnY4MArhzW4h16xMc1X6kBZ6C2wGoHqB

What are you talking about?

https://github.com/dogecoin/dogecoin/releases/tag/v1.4.1

Doesnt need any compatibility mode.
kahir
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January 19, 2014, 05:27:41 PM
 #11069

734.202
Current difficulty


i don't see any reason we don't hit 100 today
dedicatedpoolcom
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January 19, 2014, 05:39:31 PM
 #11070

734.202
Current difficulty


i don't see any reason we don't hit 100 today

Well... here's the issue.  Most people are mining doge because it's profitable, not because they actually want them.   As everyone directs their power to doge, other coins's diff fall and become more profitable.  this means hash will transfer from doge to other coins.  There will become a point where there is stabilization  for this reason.
SaraMine
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January 19, 2014, 05:41:53 PM
Last edit: January 19, 2014, 05:53:59 PM by SaraMine
 #11071

734.202
Current difficulty


i don't see any reason we don't hit 100 today

its all depends from the walles...if they will pump...people will follow and more people will start minging

CanadianGuy
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January 19, 2014, 05:59:14 PM
 #11072

Wait a minute, 31% of total coins have been mined???   Shocked Shocked Shocked
What's going to happen when they have all been mined?  Miners won't have incentive.  What then?  This coin is fucked.

I just shat a brick!

miners extract fees

Those fees would need to be built into the client.  But if nobody updates their client version, it won't happen.  
What is my incentive to upgrade to a new client version that includes fees into my transactions?  none..
sakkosekk
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January 19, 2014, 05:59:28 PM
 #11073

734.202
Current difficulty


i don't see any reason we don't hit 100 today

its all depends from the walles...if they will pump...people will follow and more people will start minging

100 in six hours (wish wish)
carlb007
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January 19, 2014, 06:07:59 PM
 #11074

Wait a minute, 31% of total coins have been mined???   Shocked Shocked Shocked
What's going to happen when they have all been mined?  Miners won't have incentive.  What then?  This coin is fucked.

I just shat a brick!

miners extract fees

Those fees would need to be built into the client.  But if nobody updates their client version, it won't happen.  
What is my incentive to upgrade to a new client version that includes fees into my transactions?  none..

transaction fees are already built in?
You couldn't send Doge coin from account A to B the other day without screaming theyd 'evaporated' and now your fretting about this and claiming the coin is fucked?
A_Free_Man
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January 19, 2014, 06:17:56 PM
 #11075

Wait a minute, 31% of total coins have been mined???   Shocked Shocked Shocked
What's going to happen when they have all been mined?  Miners won't have incentive.  What then?  This coin is fucked.

I just shat a brick!

miners extract fees

Those fees would need to be built into the client.  But if nobody updates their client version, it won't happen.  
What is my incentive to upgrade to a new client version that includes fees into my transactions?  none..


Your motivation is that miners won't process a feeless transaction, so your transactions will stay in limbo forever.
moondoge
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January 19, 2014, 06:20:18 PM
 #11076

Giving a prize of a minimum 500 Doge to one lucky shibe every day! Just enter a wallet address and cross your fingers. Such sharing is many caring.

www.dogecoins.co.uk

 Smiley
Warning__3
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January 19, 2014, 06:20:57 PM
 #11077

that moment when you notice doge has almost more hashrate than ltc


anonuser777
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January 19, 2014, 06:21:58 PM
 #11078

For those complaining about the client not being able to encrypt your wallet (or use any console functions, including "help"!) on certain versions of windows, then simply run your client in compatibility mode for Windows 98 (ie: right click > properties > compatibility tab > run this in compatibility mode for > Windows 98 / ME)

Works fine now on my Windows 8 64bit. Try using other compatability modes if that doesn't work for you.

Smiley

D9DnY4MArhzW4h16xMc1X6kBZ6C2wGoHqB

What are you talking about?

https://github.com/dogecoin/dogecoin/releases/tag/v1.4.1

Doesnt need any compatibility mode.

Thanks for that. OP should change the title to 1.4.1. Didn't know it was out.
jarif
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January 19, 2014, 06:29:45 PM
 #11079

Thanks for that. OP should change the title to 1.4.1. Didn't know it was out.

Problematic, since 1.4.1 is not a mandatory update. Running 1.4 here on Linux and no problems.
Bitcoin Machine
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January 19, 2014, 06:36:28 PM
Last edit: January 19, 2014, 07:19:53 PM by Bitcoin Machine
 #11080

Wait a minute, 31% of total coins have been mined???   Shocked Shocked Shocked
What's going to happen when they have all been mined?  Miners won't have incentive.  What then?  This coin is fucked.

I just shat a brick!

miners extract fees

Those fees would need to be built into the client.  But if nobody updates their client version, it won't happen.  
What is my incentive to upgrade to a new client version that includes fees into my transactions?  none..


Your motivation is that miners won't process a feeless transaction, so your transactions will stay in limbo forever.

Dogecoin is fine. It was designed to have incentives.  Very well designed.

Currently Dogecoin has inflation.  After we hit 100 billion, a 10,000 block reward will continue or about 5% increase per year.  This would be an extra 5 Billion coins add to supply every year.  If 1 Dogecoin = $1 then that would be a 5 billion dollar incentive for miners to keep mining.   Personally I think 1% would be enough to keep people mining.  Coins will be lost so a little inflation is not a bad idea.

All this might change.  Some idea's a being considered to reduce the inflation:
Read here: https://github.com/dogecoin/dogecoin/issues/23


Moon is inevitable.
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