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

[hunkster]

Didn't know wolong is from Singapore.

[Orpheeus]

I think he already sold it : http://bitinfocharts.com/dogecoin/address/DHsqeNgKH5f6Jnch8b9w45ddRBHpGXSBuj

[manfred]

I think he already sold it : http://bitinfocharts.com/dogecoin/address/DHsqeNgKH5f6Jnch8b9w45ddRBHpGXSBuj

Hes moved it do other addresses because to many eyes where watching his next moves. He is no newbie do sell out for good a few cents above his highest buy in price.

[Yoboseo]

Keep us updated when he goes to the bathroom next, thanks!   

[davidorentol]

   Such leadership. Many follow.

[heskey]

I think this coin is too big to be destroyed by a single person. With a great community like this and some hope, we should be fine. Yes he is bound to make profit on his (as I assume) undeserved money, so he can buy some more hookers and private jets(or whatever these disproportionately rich people do), but in the end this is something that all coins will be prone to, and looking at the spread of wealth in general, bitcoin is the only coin with a better distribution than doge.

[R2A4C]

http://www.coindesk.com/vault-of-satoshi-new-altcoin-support/ Nice 1 Canadians!

DOGE: DJpqwezzrdg6E8vNxqM6FBdXSMQrEd35bj

[EcuaMobi]

I think this coin is too big to be destroyed by a single person. With a great community like this and some hope, we should be fine. Yes he is bound to make profit on his (as I assume) undeserved money, so he can buy some more hookers and private jets(or whatever these disproportionately rich people do), but in the end this is something that all coins will be prone to, and looking at the spread of wealth in general, bitcoin is the only coin with a better distribution than doge.

I think one person with that much share of a coin can definitely affect it.

But I'm sure he won't sell now. He will want the price to go up, and most probably he will succeed.

[Hayeee]

I don't really understand why this would matter that much, 1 billion is just a part of the almost 39 billion coins mined. Can someone please clear things up for me?

[heskey]

I don't really understand why this would matter that much, 1 billion is just a part of the almost 39 billion coins mined. Can someone please clear things up for me?

Money equals power, power corrupts, absolute power corrupts absolutely. That plus that the person in control of the money will be able to manipulate the market in which ever way he wants, when he drops a significant amount of the coin, it might scare other people to sell their shares - chain reaction effect.

[carlb007]

I think this coin is too big to be destroyed by a single person. With a great community like this and some hope, we should be fine. Yes he is bound to make profit on his (as I assume) undeserved money, so he can buy some more hookers and private jets(or whatever these disproportionately rich people do), but in the end this is something that all coins will be prone to, and looking at the spread of wealth in general, bitcoin is the only coin with a better distribution than doge.

He wont destroy it alone, because he doesnt have to. But once he starts selling the rest will panic and the thing will be absolute chaos heh! 40 billion doge trading back and forth as everyone tries to combat cryptsys lag and figure out where the new bottom is. Christ, by the time the dust settles he could make off with his $10 million original investment and still end up with another 2 billion doge in his account to play the whole game again.
The only saving grace i think is that he wont sell them all at once - it would lower his profits. And the longer he leaves it the less impact it should have on things (as hell own a small % of coins).

Let it all play out though - im sure every crypto just about has massive hoarders like this hidden somewhere.

[EcuaMobi]

I don't really understand why this would matter that much, 1 billion is just a part of the almost 39 billion coins mined. Can someone please clear things up for me?

Money equals power, power corrupts, absolute power corrupts absolutely. That plus that the person in control of the money will be able to manipulate the market in which ever way he wants, when he drops a significant amount of the coin, it might scare other people to sell their shares - chain reaction effect.

Also, you must consider not all 39 billion Ðoges are being traded. Most of them are just held.

IDK how much is being traded but I'd guess less than 1 billion. So if he decides to trade all his stack, that'd probably represent more than 50% of everything being sold.

[ltcnim]

IDK how much is being traded but I'd guess less than 1 billion.

1.15B on cryptsy alone atm.

[SaraMine]

Didn't know wolong is from Singapore.

some sources say yes...but he got 1 billion...but question is whos got 5?

[piaf2000]

but question is whos got 5?

Yeah, I'd like to know!

[cryt3k]

http://www.sbs.com.au/news/blog/2014/01/29/blog-dogecoins-message-chinese-investor-wolong

[Predseda4D]

wallet ver 1.5 won't work for solo mining setup.
when initiating it pops an error that when -server option is selected you must enter a username and pw bla bla..
everything is setup as normal with same conf file as in ver 1.41 and correct shortcut entries for the correct dir..
but wallet won't open - it shuts down..
I suspect the dev has coded it for something regarding the user and pw format to be some minimum criteria? if so what are those criterias?

Just go to your drive:/Users/YourUsername/AppData/Roaming/ find dogecoin folder open the config there and remove the server option.
Then it should start properly. Otherwise having weak password and server enabled leaves your dogecoin client avaliable for full control through RPC Api.
How much megahashes do you use for solomining btw?

removing the server option from the conf file does not work either - wallet still initiates and closes and pops that error window..
I have now gone back to ver 1.41 until this bug will be sorted out..

OK if the developer of version 1.50 see this - my suspicion about the criteria for password is correct..! the wallet is coded so that it will not accept a rpcpassword length too short or complex. I entered a very long password with different letters/digits and the wallet opened  - with the -server option..
my request is that the developer must change that coding and allow password at our own discretion, which has always been the case. some want short pw some like long ones. that must be a free choice..
a complex pw is absolutely not an issue for solo mining..

First. Dev dont must change.
It is no bug. Is it really so hard for you set really, really, really strong password? I think that no, it is not. 

[TenaciousC]

wtf, coinmarket.io removing doge from trade platform?

That's utter crap, they are so much faster then craptsy so would be a miss...

[EcuaMobi]

wtf, coinmarket.io removing doge from trade platform?

That's utter crap, they are so much faster then craptsy so would be a miss...

Don't worry. We'll be in MCXNow soon
 

[SaraMine]

http://www.sbs.com.au/news/blog/2014/01/29/blog-dogecoins-message-chinese-investor-wolong

all this news are 2 days old..and now they are everywhere