lynn_402
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August 04, 2014, 09:00:02 PM |
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Dogecoin is already mined mostly by multipools anyway, so there won't be much more dumping. Plus, this will be balanced by the dogecoin miners who will sell their LTC for doges.
... and counter-balanced by LTC miners who will sell their DOGE for LTC (?) Yes, I was replying to the person who said that this change would be bad for the price since LTC miners would dump their doges.
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BayAreaCoins
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August 04, 2014, 11:41:49 PM |
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It's not the devs job to create interest for speculators through shiny new technology, their job is to secure the coin and this is a very good solution towards that goal.
Absolutely. Securing the coin from the assholes who want to destroy/exploit it is the immediate concern. This was a concern for investors months ago that went unaddressed. The devs should give what the OP said with the cap @ 100 bil since mining will no longer be a issue.... can't really use that bullshit argument any more, but I'm going to stick with Jackson wants to see it fail for whatever reason. I don't understand how you could be a DOGE holder/support and be cool with your coins being diluted... *shrug*
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fanmaster
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August 05, 2014, 12:08:45 AM |
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https://i.imgur.com/rwxJXP4.jpgOnly masses of dumb newcomers are making this coin alive. It's only loosing value, market cap, even subscribers in their subreddit, but psssst, you can't talk about it, cause it's FUD truth. ASIC manufacturers have a great business from this, cause many people are convinced to buy them to "save" dogecoin, or something like that. They have no future plan, no vision, their only goal is "to the moon". What that is? To replace bitcoin? Or litecoin? Keep dreaming. It's just another copy-paste script PoW coin without anything special, except for a meme dog. It's attracting noobs who believe that tomorrow they will become rich with thousands of doge in their wallets. Their developers are lazy, without any ideas what to do next. They repeat their propaganda over and over until everyone believes in it, every other opinion is dismissed and censored. When price started do go down, it was bitcoins fault, then it was multi-pools fault and now they have new argument - this is the true value, before this it was overvalued. Can you believe this shit?
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Hueristic
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August 05, 2014, 01:07:00 AM |
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... this is the true value, before this it was overvalued. Can you believe this shit?
But this is what I've always believed. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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Bit_Happy
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August 05, 2014, 01:58:02 AM |
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.............. ....... ..... ...it was bitcoins fault, then it was multi-pools fault and now they have new argument - this is the true value, before this it was overvalued. Can you believe this shit?
DogeCoin started as a joke. It is just a dog on a coin. Now it is a fun way to give some coins to your friends, and also... The super low transaction fees make it great for micro-payments, which can add up into a huge amount globally. It's just a joke, and you took the time to write such a long post: Can you believe this shit? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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manfred
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August 05, 2014, 08:53:39 AM |
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Now, the reason given to have 10000 block reward 5b in the new year was for security. Now since security is taken care of with AuxPow why cant the block reward be reduced to 5000 or so which would give a near perfect 2.5% annual inflation.
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BayAreaCoins
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August 05, 2014, 09:39:43 AM Last edit: August 05, 2014, 09:56:41 AM by BayAreaCoins |
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Now, the reason given to have 10000 block reward 5b in the new year was for security. Now since security is taken care of with AuxPow why cant the block reward be reduced to 5000 or so which would give a near perfect 2.5% annual inflation.
Needs to be reduced to 0 inflation which is what the Original Post said... WHY WOULD YOU WANT YOUR SHARES DILUTED, YOU STUPID FUCKS! *PULLS HAIR OUT* ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F4gxcVdH.png&t=665&c=7_Lqo3NqKISbZA)
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manfred
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August 05, 2014, 10:13:11 AM |
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Now, the reason given to have 10000 block reward 5b in the new year was for security. Now since security is taken care of with AuxPow why cant the block reward be reduced to 5000 or so which would give a near perfect 2.5% annual inflation.
Needs to be reduced to 0 inflation which is what the Original Post said... WHY WOULD YOU WANT YOUR SHARES DILUTED, YOU STUPID FUCKS! *PULLS HAIR OUT* ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F4gxcVdH.png&t=665&c=7_Lqo3NqKISbZA) Since security is now outsourced with AuxPow it is now do-able it wasn't before. This would put doge in a very unique position.
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BayAreaCoins
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August 05, 2014, 10:23:01 AM |
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Since security is now outsourced with AuxPow it is now do-able it wasn't before. This would put doge in a very unique position.
It has always been do-able... Nothing magical changed over night. It was just outside Billy's skill level.
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manfred
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August 05, 2014, 11:38:02 AM |
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Since security is now outsourced with AuxPow it is now do-able it wasn't before. This would put doge in a very unique position.
It has always been do-able... Nothing magical changed over night. It was just outside Billy's skill level. My understanding is that it could have been changed but would have left the coin insecure, with AuxPow that has changed, or? On the surface it does not seem be extraordinary difficult to change the final 10k block reward to 5k, 1k or whatever number.
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pawel7777
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August 05, 2014, 12:07:15 PM |
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My understanding is that it could have been changed but would have left the coin insecure, with AuxPow that has changed, or? On the surface it does not seem be extraordinary difficult to change the final 10k block reward to 5k, 1k or whatever number.
This would be a perfect time. Since AuxPow and block reward reduction require hard fork, both could be done in one go. 1k reward for the final block reward would be best (+ reduction of current reward).
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lynn_402
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August 05, 2014, 01:36:18 PM |
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Now, the reason given to have 10000 block reward 5b in the new year was for security. Now since security is taken care of with AuxPow why cant the block reward be reduced to 5000 or so which would give a near perfect 2.5% annual inflation.
Needs to be reduced to 0 inflation which is what the Original Post said... WHY WOULD YOU WANT YOUR SHARES DILUTED, YOU STUPID FUCKS! *PULLS HAIR OUT* Dogecoin is money, it's not shares (although it's fun to share it). I wouldn't mind the inflation being reduced (perhaps to 2.5 billion coins/year like Manfred said), but 0 inflation would make Dogecoin only useful for speculators. Plus the merge-mining pools would just stop mining it and it wouldn't be secure at all.
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Hueristic
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August 05, 2014, 02:20:44 PM |
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Now, the reason given to have 10000 block reward 5b in the new year was for security. Now since security is taken care of with AuxPow why cant the block reward be reduced to 5000 or so which would give a near perfect 2.5% annual inflation.
Needs to be reduced to 0 inflation which is what the Original Post said... WHY WOULD YOU WANT YOUR SHARES DILUTED, YOU STUPID FUCKS! *PULLS HAIR OUT* Dogecoin is money, it's not shares (although it's fun to share it). I wouldn't mind the inflation being reduced (perhaps to 2.5 billion coins/year like Manfred said), but 0 inflation would make Dogecoin only useful for speculators. Plus the merge-mining pools would just stop mining it and it wouldn't be secure at all. Thats not true, supply will dry up then price will rise and then miners will profit again.
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“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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alani123
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August 05, 2014, 02:23:20 PM |
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I don't see the new changes changing the interest of traders. DOge is @ 34 sat for days now.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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lynn_402
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 05, 2014, 02:52:45 PM |
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Now, the reason given to have 10000 block reward 5b in the new year was for security. Now since security is taken care of with AuxPow why cant the block reward be reduced to 5000 or so which would give a near perfect 2.5% annual inflation.
Needs to be reduced to 0 inflation which is what the Original Post said... WHY WOULD YOU WANT YOUR SHARES DILUTED, YOU STUPID FUCKS! *PULLS HAIR OUT* Dogecoin is money, it's not shares (although it's fun to share it). I wouldn't mind the inflation being reduced (perhaps to 2.5 billion coins/year like Manfred said), but 0 inflation would make Dogecoin only useful for speculators. Plus the merge-mining pools would just stop mining it and it wouldn't be secure at all. Thats not true, supply will dry up then price will rise and then miners will profit again. What? How could they profit if there's no inflation thus no new supply to give to miners?
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Hueristic
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August 05, 2014, 03:37:50 PM |
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Now, the reason given to have 10000 block reward 5b in the new year was for security. Now since security is taken care of with AuxPow why cant the block reward be reduced to 5000 or so which would give a near perfect 2.5% annual inflation.
Needs to be reduced to 0 inflation which is what the Original Post said... WHY WOULD YOU WANT YOUR SHARES DILUTED, YOU STUPID FUCKS! *PULLS HAIR OUT* Dogecoin is money, it's not shares (although it's fun to share it). I wouldn't mind the inflation being reduced (perhaps to 2.5 billion coins/year like Manfred said), but 0 inflation would make Dogecoin only useful for speculators. Plus the merge-mining pools would just stop mining it and it wouldn't be secure at all. Thats not true, supply will dry up then price will rise and then miners will profit again. What? How could they profit if there's no inflation thus no new supply to give to miners? He means added coins not price inflation. I.E. return to original MAX coins as opposed to the infinite amount (not really as the blockchain cannot handle that) there is now.
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C10H15N
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August 05, 2014, 04:09:49 PM |
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...Can you believe this shit?
...It's just a joke, and you took the time to write such a long post: Can you believe this shit? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) The butthurt is strong with this one. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F0ObGm0f.jpg&t=665&c=iXu-ojRy0MqECg)
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Only when the tide goes out do you discover who's been swimming naked. -Warren Buffett
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Bit_Happy
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August 05, 2014, 06:17:38 PM |
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...Can you believe this shit?
...It's just a joke, and you took the time to write such a long post: Can you believe this shit? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) The butthurt is strong with this one. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) ... What? I'm not the one writing long, negative posts about a "joke" that has brought, fun, happiness, and (sometimes) big profits to many people. I am still optimistic about DOGE. (also... " Can you believe this shit?" was a direct quote of the person I responded to) ^^^ Show me the "butthurt", please explain.
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BayAreaCoins
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August 05, 2014, 07:24:42 PM |
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What? How could they profit if there's no inflation thus no new supply to give to miners?
Miners would earn from transaction fees. DOGE was in a perfect position for this due to the high volume of "tips", so every time you tip someone... you tip a miner. I remember at one point DOGE had more transactions than BTC... they really fucked up in other words! I wouldn't mind the inflation being reduced (perhaps to 2.5 billion coins/year like Manfred said), but 0 inflation would make Dogecoin only useful for speculators. Plus the merge-mining pools would just stop mining it and it wouldn't be secure at all.
I don't think you could be more wrong if you tried. Seriously please spend less time posting here and more time researching (by research I don't mean that fucking horrible website Reddit... which is where I would bet $100 you are from.) It costs pools 0.. ziltch... NOTHING to merge mine. It doesn't effect their hash on the coin they are mining either. Why would they turn off DOGE? The DOGE community would still be helping their pool by mining there in the first place. Use that wonderful DOGE marketing the proper way and push it like this. If you are a DOGE supporter... don't mine at a pool that doesn't merge mine DOGE *Tada!* Dogecoin is money
It's just a joke, and you took the time to write such a long post: Can you believe this shit? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Rofl... Nuff said. Jackson was hilarious to talk to as well. "It's a joke" but... "it's actually money". Ya... sure dude. If VC would consider giving this jackoff money it should give any retard the reassurance they can raise capital (you know... real money.) At least with printing more cash I can wipe my ass with it, start a fire or even roll a joint if I really need... DOGE you can't even physically hold. Totally worthless with inflation. BTC will not flow into a bottomless hole(no matter how secure or halving), cash will not go around BTC & straight into DOGE and I'm not trying to be mean, but it is what it is.
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Priceslide
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August 05, 2014, 07:38:45 PM |
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What? How could they profit if there's no inflation thus no new supply to give to miners?
Miners would earn from transaction fees. DOGE was in a perfect position for this due to the high volume of "tips", so every time you tip someone... you tip a miner. I remember at one point DOGE had more transactions than BTC... they really fucked up in other words! the low transaction volume directly correlates to the drop in price. Which directly correlates to summer. Which directly correlates to more people outside/not at their computer. Every year for the last 5 years there has been a cyrpto-market dip in August which is right before school starts. Doge seems to have a ton of active college students that are trying to make money off their "investment" I wouldn't mind the inflation being reduced (perhaps to 2.5 billion coins/year like Manfred said), but 0 inflation would make Dogecoin only useful for speculators. Plus the merge-mining pools would just stop mining it and it wouldn't be secure at all.
I don't think you could be more wrong if you tried. Seriously please spend less time posting here and more time researching (by research I don't mean that fucking horrible website Reddit... which is where I would bet $100 you are from.) It costs pools 0.. ziltch... NOTHING to merge mine. It doesn't effect their hash on the coin they are mining either. Why would they turn off DOGE? The DOGE community would still be helping their pool by mining there in the first place. Use that wonderful DOGE marketing the proper way and push it like this. If you are a DOGE supporter... don't mine at a pool that doesn't merge mine DOGE *Tada!* Dogecoin's current inflationary style is the ONLY thing that makes it unique right now. Why not just buy litecoin if you really believe this? Dogecoin is money
It's just a joke, and you took the time to write such a long post: Can you believe this shit? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Rofl... Nuff said. Jackson was hilarious to talk to as well. "It's a joke" but... "it's actually money". Ya... sure dude. If VC would consider giving this jackoff money it should give any retard the reassurance they can raise capital (you know... real money.) At least with printing more cash I can wipe my ass with it, start a fire or even roll a joint if I really need... DOGE you can't even physically hold. Doge is actually money. It's a joke too. It's actually a joke money. Maybe it gains intrinsic value by requiring processing power/electricity to create. Maybe it gains intrinsic value by being funny. Maybe it gains intrinsic value by being familiar; however, somehow it is getting used everyday (not less and less, but more and more). Screw the traders, they're just there to speculate. I'm here to help the community forward, and I'm doing that by ignoring the price.
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reddit.com/r/kinfoundation
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