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Isokoira
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July 23, 2014, 04:19:13 PM |
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Wow, that article could be huge for Dogecoin |
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lynn_402
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July 23, 2014, 04:23:46 PM |
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Wow, that article could be huge for Dogecoin Yep, it seems that more and more mainstream merchant are taking Dogecoin seriously and considering it to be the #3 most legit crypto. The market cap should reflect that eventually  |
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BayAreaCoins
Legendary
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Activity: 3920
Merit: 1247
Owner at AltQuick.com & FreeBitcoins.com
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July 23, 2014, 04:25:19 PM |
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I feel horrible for these businesses accepting doge and have zero clue about it.... I bet it leaves a sour taste in a bunch of ppls mouths  It is a never ending hole right now. This has got to be fixed... pretty much I think of it as trying to build a sandcastle on the beach... better off to build on a rock or it will always get washed away |
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lynn_402
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July 23, 2014, 04:26:24 PM |
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I feel horrible for these businesses accepting sdoge and have zero clue about it.... I bet it leaves a sour taste in a bunch of ppls mouths It is a never hole right now. This has got to be fixed... pretty much I think of it as trying to build a sandcastle om the beach... better off to build on a rock or it will always get washed away Well they really can't lose, since they probably convert it to fiat right after the sale is confirmed. The fact that they accept it shows not that they have faith in Dogecoin, but that they believe it has enough users who actually cares about creating a legit economy. And that's nice. |
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Rakitich
Member
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Activity: 70
Merit: 10
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July 23, 2014, 04:27:01 PM |
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What idiots are still dumping this nice coin  Can anyone do something with price? I have lost 1/2 of my money and still dont regeret of it. Want to buy more but dont have any BTC  I sold my DOGE at 100, saw this comming. Still a nice coin. Will prolly get back in in the future. |
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TookDk
Legendary
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Activity: 1960
Merit: 1062
One coin to rule them all
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July 23, 2014, 04:29:31 PM |
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I feel horrible for these businesses accepting doge and have zero clue about it.... I bet it leaves a sour taste in a bunch of ppls mouths It is a never ending hole right now. This has got to be fixed... pretty much I think of it as trying to build a sandcastle on the beach... better off to build on a rock or it will always get washed away I was a shibe long time ago, now I only own some physical dogecoins. Can someone gives me a quick resume what is going on in the dogecoin-world. Read the dogecoinball and there was a stripe about low hashrate, is that the main concern? Thanks. |
Cryptography is one of the few things you can truly trust.
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BayAreaCoins
Legendary
Offline
Activity: 3920
Merit: 1247
Owner at AltQuick.com & FreeBitcoins.com
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July 23, 2014, 04:29:53 PM |
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What idiots are still dumping this nice coin Can anyone do something with price? I have lost 1/2 of my money and still dont regeret of it. Want to buy more but dont have any BTC I sold my DOGE at 100, saw this comming. Still a nice coin. Will prolly get back in in the future. I sold my 100 mil at 170 and up... ill buy back maybe when it gets fixed. Frankly I think Jackson is trying to sabotage it and that was the plan all along... www.dogecoincharts.com was a image in the original marketing push |
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lynn_402
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July 23, 2014, 04:33:13 PM |
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I feel horrible for these businesses accepting doge and have zero clue about it.... I bet it leaves a sour taste in a bunch of ppls mouths It is a never ending hole right now. This has got to be fixed... pretty much I think of it as trying to build a sandcastle on the beach... better off to build on a rock or it will always get washed away I was a shibe long time ago, now I only own some physical dogecoins. Can someone gives me a quick resume what is going on in the dogecoin-world. Read the dogecoinball and there was a stripe about low hashrate, is that the main concern? Thanks. Yes it is, and the aggressive block halving schedule which will lower the hashrate even more when compared to LTC. The two solutions which are most likely to happen are implementing merge-mining with Litecoin, or switching to PoS at the last block halving. |
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BayAreaCoins
Legendary
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Activity: 3920
Merit: 1247
Owner at AltQuick.com & FreeBitcoins.com
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July 23, 2014, 04:37:28 PM |
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PoS would be a bad move imo... which is probably what they will go to haha DoGE went perfect to start and ever since near Christmas it has been exact opposite of what I wanted to see. I am working on something for doge people to speculate on with DOGE rather than just btc/doge or ltc!  I love lil doge for whatever reason Hope all is well Lynn. |
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lynn_402
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July 23, 2014, 04:45:19 PM |
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PoS would be a bad move imo... which is probably what they will go to haha DoGE went perfect to start and ever since near Christmas it has been exact opposite of what I wanted to see. I am working on something for doge people to speculate on with DOGE rather than just btc/doge or ltc! I love lil doge for whatever reason Hope all is well Lynn. Why would it be a bad move? It would improve security since Doge is well distributed, and it would solve the inflation problem since it would be equally redistributed to everyone. By merge-mining with LTC, the big inflation rate could still be a problem. What will we be able to speculate on?  Hope all is well for you too! |
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phzi
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July 23, 2014, 11:04:39 PM |
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PoS would be a bad move imo... which is probably what they will go to haha DoGE went perfect to start and ever since near Christmas it has been exact opposite of what I wanted to see. I am working on something for doge people to speculate on with DOGE rather than just btc/doge or ltc! I love lil doge for whatever reason Hope all is well Lynn. Why would it be a bad move? It would improve security since Doge is well distributed, and it would solve the inflation problem since it would be equally redistributed to everyone. By merge-mining with LTC, the big inflation rate could still be a problem. What will we be able to speculate on? Hope all is well for you too! Proof of Share would be a horrible move for Doge, I think. Well distributed? you're kidding, right? http://bitinfocharts.com/top-100-richest-dogecoin-addresses.html32.68% of all coins are in only 6 address. 46.15% of coins are in only 66 addresses... Doge could get 51% stake attacked so easily under PoS. AuxPoW is the only viable option right now, and as the Doge hashrate and blockreward continues to decline, the community is rapidly losing the opportunity to get mining pools to add merge-mining. |
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lynn_402
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July 23, 2014, 11:52:06 PM |
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PoS would be a bad move imo... which is probably what they will go to haha DoGE went perfect to start and ever since near Christmas it has been exact opposite of what I wanted to see. I am working on something for doge people to speculate on with DOGE rather than just btc/doge or ltc! I love lil doge for whatever reason Hope all is well Lynn. Why would it be a bad move? It would improve security since Doge is well distributed, and it would solve the inflation problem since it would be equally redistributed to everyone. By merge-mining with LTC, the big inflation rate could still be a problem. What will we be able to speculate on? Hope all is well for you too! Proof of Share would be a horrible move for Doge, I think. Well distributed? you're kidding, right? http://bitinfocharts.com/top-100-richest-dogecoin-addresses.html32.68% of all coins are in only 6 address. 46.15% of coins are in only 66 addresses... Doge could get 51% stake attacked so easily under PoS. AuxPoW is the only viable option right now, and as the Doge hashrate and blockreward continues to decline, the community is rapidly losing the opportunity to get mining pools to add merge-mining. Why would the 6 owner of these adresses, who most likely are exchanges with no contact to each other, want to colaborate to destroy the coin when they hold such a huge amount of it? You have a fair point, but I think PoS is considerably better than the current system. I'm not totally against auxPoW either, but I don't trust LTC to maintain an high value for a long enough time to make it truly worthwhile to fork to be merge-minable with them. |
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phzi
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July 24, 2014, 07:04:43 AM |
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Why would the 6 owner of these adresses, who most likely are exchanges with no contact to each other, want to colaborate to destroy the coin when they hold such a huge amount of it?
You have a fair point, but I think PoS is considerably better than the current system. I'm not totally against auxPoW either, but I don't trust LTC to maintain an high value for a long enough time to make it truly worthwhile to fork to be merge-minable with them.
The doge community badly needs an education on how AuxPoW works... if you decide to be merge-minable, then you can be merge-mined with ANY parent chain - you aren't dependent on Litecoin, you're dependent on scrypt mining (just as you already are). So, as long as there is a strong scrypt mining network, you're good. And, considering all the investment going into scrypt mining hardware, do you really think it's going to fade away anytime soon? Pretty unlikely. That said, I want some of what you're smoking if you don't think Litecoin's exponential hashrate is an indication of where its value is headed. |
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FiniteByDesign
Legendary
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Activity: 1397
Merit: 1022
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July 24, 2014, 02:50:22 PM |
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 DOGE buy 4 get one free proof sale through the end of July! Put 5 DOGE proofs (copper, nickel or mixed) in your shopping cart and use the coupon code 'DOGE' at checkout and only pay for 4! 1 Ounce Nickel and 1 Ounce Copper DOGECOINS! Antique struck for durability! These proofs each come with a hologram for placement on the reverse of the proof. The customer can add a private key if they desire to add DOGE to the physical piece. Cost is $25 each, plus shipping and handling. Only 100 of each available. |
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lynn_402
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July 24, 2014, 04:48:32 PM |
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Why would the 6 owner of these adresses, who most likely are exchanges with no contact to each other, want to colaborate to destroy the coin when they hold such a huge amount of it?
You have a fair point, but I think PoS is considerably better than the current system. I'm not totally against auxPoW either, but I don't trust LTC to maintain an high value for a long enough time to make it truly worthwhile to fork to be merge-minable with them.
The doge community badly needs an education on how AuxPoW works... if you decide to be merge-minable, then you can be merge-mined with ANY parent chain - you aren't dependent on Litecoin, you're dependent on scrypt mining (just as you already are). So, as long as there is a strong scrypt mining network, you're good. And, considering all the investment going into scrypt mining hardware, do you really think it's going to fade away anytime soon? Pretty unlikely. That said, I want some of what you're smoking if you don't think Litecoin's exponential hashrate is an indication of where its value is headed. An high hashrate is only one of the many criterions which determine the price. Pesetacoin has an hashrate of about 200 Gh/s, and its market cap is still at less than 40 000$. Litecoin, having no considerable advantages over other coins and a small community, seems overrated to me. I know that auxPoW allows to merge-mine with any scrypt coin, but I don't think that any scrypt coin beside Doge has a bright future. |
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phzi
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July 24, 2014, 05:37:19 PM |
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An high hashrate is only one of the many criterions which determine the price. Pesetacoin has an hashrate of about 200 Gh/s, and its market cap is still at less than 40 000$. Litecoin, having no considerable advantages over other coins and a small community, seems overrated to me.
I know that auxPoW allows to merge-mine with any scrypt coin, but I don't think that any scrypt coin beside Doge has a bright future.
I find this comment very odd; it's clear that Dogecoin has no future as a scrypt PoW coin - the network is horribly insecure these days, and that security continues to decline with each passing week. Your comment that Litecoin has no considerable advantage stands as evidence that you don't understand blockchain security and orphan resistance, and how these are the fundamental properties of a good crypto coin. Everything else is really just fluff at this point, and that's why the most secure chains are #1 and #2 in marketcap. |
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hotdk
Newbie
Offline
Activity: 27
Merit: 0
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July 25, 2014, 08:59:27 AM |
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Why would the 6 owner of these adresses, who most likely are exchanges with no contact to each other, want to colaborate to destroy the coin when they hold such a huge amount of it?
You have a fair point, but I think PoS is considerably better than the current system. I'm not totally against auxPoW either, but I don't trust LTC to maintain an high value for a long enough time to make it truly worthwhile to fork to be merge-minable with them.
The doge community badly needs an education on how AuxPoW works... if you decide to be merge-minable, then you can be merge-mined with ANY parent chain - you aren't dependent on Litecoin, you're dependent on scrypt mining (just as you already are). So, as long as there is a strong scrypt mining network, you're good. And, considering all the investment going into scrypt mining hardware, do you really think it's going to fade away anytime soon? Pretty unlikely. That said, I want some of what you're smoking if you don't think Litecoin's exponential hashrate is an indication of where its value is headed. PoS is a good way to against the inflation. Don't like POW, no one could make 51% on PoS on PoS2. PoW is thought good to distribution, but 46.15% of coins are in only 66 addresses... When 100B dogecoin finished. distribution is not that important. PoS is better that time. |
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