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

[lynn_402]

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!

At the moment, there's about 15 doges per block in transaction fees. You really think the network can be secured with that?
Plus, most tipping occurs off the blockchain, such as those done with Reddit's dogetipbot.

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!*

LTC miners won't mine doge out of charity. Many of them might view Dogecoin as a competitor, and thus will not want to contribute to it without compensation. 0 inflation is unsustainable.

And no I don't come from Reddit; registered here before I became aware of it. So you may send me 100$ now

[BayAreaCoins]

LTC miners won't mine doge out of charity. Many of them might view Dogecoin as a competitor, and thus will not want to contribute to it without compensation. 0 inflation is unsustainable.

Lynn,

You are wrong and you alone are hurting DOGE value.  

LTC pools will mine DOGE in order to have the DOGE community mine with them.  This helps LTC and the pool earns more money with their % of LTC earned from new miners... who cares if they get any DOGE!  

It takes no more electricity to mine, it doesn't hurt their hash and it is a opening to a HUGE marketing crowd... "They" will mine it.

[C10H15N]

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.

The butthurt is strong with the person you responded to.  Not you.   
 

[Bit_Happy]

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.

The butthurt is strong with the person you responded to.  Not you.   
 

Got it, just wanting to understand.   

[Hueristic]

...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?  

The butthurt is strong with this one.  
...

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.

LOL, He means the guy you quoted.

[Viper1]

Does it occasionally take a long time for a transaction to confirm? It's been over 24 hours and a transaction of mine is sitting at only 6 peers.

Usually not, but it can happen if you paid no transaction fees.

I paid the 1. Does it also depend on the size of the transaction? This one was roughly 25k bytes in size.

The bigger the transaction, the bigger the tx fees should theoretically be. However, I always pay 1 doge and have never had any transfer problem.
Could you post the link in dogechain.info to your transaction?

I could, IF it was actually on there, but it's not at this point. Have been waiting for it to show up there as I'd then reset the Multidoge blockchain and see if it's just not showing up right in there. Multidoge now says it's up to 8 peers that have seen it. Few more hours and it will have been 48 hours since I initially sent it.

Ok, 6 days since this happened and today I reset my blockchain and transactions and it disappeared from my list. So does this mean I was somehow on a fork? It was saying 12 peers had seen the transaction, seemed to add 2 a day.

[ibukovec]

40 BTC sell of. Someone exited big on cryptsy. Dark days for Doge.
I hope it will survive.

[lynn_402]

40 BTC sell of. Someone exited big on cryptsy. Dark days for Doge.
I hope it will survive.

It has seen worse

This graph has been posted on Reddit, which shows the number of active adresses of Dogecoin, Bitcoin and Litecoin:

http://bitinfocharts.com/comparison/activeaddresses-btc-ltc-doge.html#3m

Dogecoin consistantly has about 150% the amount of active addresses that Litecoin has, and between 10 and 15% those of Bitcoin; which is good considering it has only 0.3% of its market cap.

[cryptotard]

Dogecoin consistantly has about 150% the amount of active addresses that Litecoin has, and between 10 and 15% those of Bitcoin; which is good considering it has only 0.3% of its market cap.

1. Tipping
2. Faucets

[lynn_402]

Dogecoin consistantly has about 150% the amount of active addresses that Litecoin has, and between 10 and 15% those of Bitcoin; which is good considering it has only 0.3% of its market cap.

1. Tipping
2. Faucets

Tipping is mostly done off-blockchain, and faucets are just as common for the two other coins.

[mstrongbow]

whats shakin my shibes?

all my bct notifications were going to my spam box...I missed the last few pages and am too busy to read thru, going to skim in a few...

Have I missed anything big? I did up my Scrypt hash rate by 700% in the last 2 weeks 

[freedomno1]

Never give up mascot ^_^
Also hmm merge mining
http://www.coindesk.com/dogecoin-allow-litecoin-merge-mining/
Dogecoin to Allow Litecoin Merge Mining in Network Security Bid

The dogecoin development team has announced that it will soon enable auxiliary proof-of-work (AuxPoW), allowing merge-mining with litecoin that will address concerns over the altcoin’s future.

AuxPoW enables the dogecoin block chain to receive work from other scrypt-based networks. Dogecoin miners will still be able to generate blocks and receive DOGE, but now, litecoin miners will contribute hashing power to the dogecoin network.

[mybabyin]

I love Dogecoin..I don't want him die...

[Bitcoin Machine]

Prices are low. Great time to buy! 

[manfred]

Well, times long gone people where dumping bitcoin massively at a low price at $ 3 to take it to $ 2, how did that work out?

2011-11-14 00:00:00   2.99573   2.99573   2.09995   2.22   382186.83   957693.93   2.51

[C10H15N]

Well, times long gone people where dumping bitcoin massively at a low price at $ 3 to take it to $ 2, how did that work out?

Not bad for those of us who bought.   

[mstrongbow]

Never give up mascot ^_^
Also hmm merge mining
http://www.coindesk.com/dogecoin-allow-litecoin-merge-mining/
Dogecoin to Allow Litecoin Merge Mining in Network Security Bid

The dogecoin development team has announced that it will soon enable auxiliary proof-of-work (AuxPoW), allowing merge-mining with litecoin that will address concerns over the altcoin’s future.

AuxPoW enables the dogecoin block chain to receive work from other scrypt-based networks. Dogecoin miners will still be able to generate blocks and receive DOGE, but now, litecoin miners will contribute hashing power to the dogecoin network.

Will the proposed merged-mining with LTC work backwards as well?? (Dogecoin mining pools merge mine LTC---so Dogecoin miners can pull in LTC as well??)  Seems like a great idea right now! Let's hope it pans out in our favor...

[lynn_402]

Never give up mascot ^_^
Also hmm merge mining
http://www.coindesk.com/dogecoin-allow-litecoin-merge-mining/
Dogecoin to Allow Litecoin Merge Mining in Network Security Bid

The dogecoin development team has announced that it will soon enable auxiliary proof-of-work (AuxPoW), allowing merge-mining with litecoin that will address concerns over the altcoin’s future.

AuxPoW enables the dogecoin block chain to receive work from other scrypt-based networks. Dogecoin miners will still be able to generate blocks and receive DOGE, but now, litecoin miners will contribute hashing power to the dogecoin network.

Will the proposed merged-mining with LTC work backwards as well?? (Dogecoin mining pools merge mine LTC---so Dogecoin miners can pull in LTC as well??)  Seems like a great idea right now! Let's hope it pans out in our favor...

There's no need to, since Dogecoin pools (or at least SimpleDoge) will mine LTC and allow its miners to sell it automatically for dogecoins.

[mstrongbow]

Never give up mascot ^_^
Also hmm merge mining
http://www.coindesk.com/dogecoin-allow-litecoin-merge-mining/
Dogecoin to Allow Litecoin Merge Mining in Network Security Bid

The dogecoin development team has announced that it will soon enable auxiliary proof-of-work (AuxPoW), allowing merge-mining with litecoin that will address concerns over the altcoin’s future.

AuxPoW enables the dogecoin block chain to receive work from other scrypt-based networks. Dogecoin miners will still be able to generate blocks and receive DOGE, but now, litecoin miners will contribute hashing power to the dogecoin network.

Will the proposed merged-mining with LTC work backwards as well?? (Dogecoin mining pools merge mine LTC---so Dogecoin miners can pull in LTC as well??)  Seems like a great idea right now! Let's hope it pans out in our favor...

There's no need to, since Dogecoin pools (or at least SimpleDoge) will mine LTC and allow its miners to sell it automatically for dogecoins.

Gotcha! So long as your Dogecoin pool is setup for merged mining (if/when AuxPoW goes into effect-hardfork)...it will be automatic type thing. Time to contact my Dogecoin pool operator and see what his plans are.

Thanks lynn_402

[thenorb]

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