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

[bit_world]

doge is actually already dogeshit now,only 5% of its peak value 

[oneway]

cyptocurrency without any innovations is doomed to be dead,sooner or later.

This an absurd way of thinking. A good coin, must have a lot of support, be fair, and gives a lot of trust, and all the features must be fair and well design. This is not we have seen in 2014, e.g., a new X11 coins stating a great innovation, and when we look at the 'masternode' implementation, the only goal we have is stealing 20% of the POW operation. What a great innovation... The innovation word sadly hide a lot of scam operations.

[oneway]

doge is actually already dogeshit now,only 5% of its peak value 

Bitcoin had huge depreciations in the past, and bitcoin is still there.

[faraway]

cyptocurrency without any innovations is doomed to be dead,sooner or later.

This an absurd way of thinking. A good coin, must have a lot of support, be fair, and gives a lot of trust, and all the features must be fair and well design. This is not we have seen in 2014, e.g., a new X11 coins stating a great innovation, and when we look at the 'masternode' implementation, the only goal we have is stealing 20% of the POW operation. What a great innovation... The innovation word sadly hide a lot of scam operations.

You are right, 'innovation' is not the important thing for alternates; And good, and well design improvement, are ported to other coins, e.g. vertcoin. And bad design features target scam operations.

[rnicoll]

cyptocurrency without any innovations is doomed to be dead,sooner or later.

Early adopters love new shinies. You ever had to tell a few hundred exchanges, merchants, payment processors etc. that they have to upgrade critical software because you're adding new features? They do not like it.

No coin is going to hit mainstream by kitchen-sinking features.

As an aside, really don't you have anything better to be doing?

[rnicoll]

cyptocurrency without any innovations is doomed to be dead,sooner or later.

This an absurd way of thinking. A good coin, must have a lot of support, be fair, and gives a lot of trust, and all the features must be fair and well design. This is not we have seen in 2014, e.g., a new X11 coins stating a great innovation, and when we look at the 'masternode' implementation, the only goal we have is stealing 20% of the POW operation. What a great innovation... The innovation word sadly hide a lot of scam operations.

You also only have to look as far as Vertcoin with its ASIC-resistant PoW algorithm and anonymous transactions, currently at  35th on Coinmarketcap, to realise that no, technology is not by any means the full picture.

[manfred]

doge is actually already dogeshit now,only 5% of its peak value  

Bitcoin had huge depreciations in the past, and bitcoin is still there.

Bitcoins highest closing price some time ago was $ 29.6 on 8 June 2011 the lowest closing price on 18 Nov 2011 was $ 2.049 a decrease of 93.08%
Dogecoins highest closing price was 280 the lowest closing price 23, a decrease of 91.79%

After the 29.6 high Bitcoin has seen highs as high as 1163, a increase of 3829.05%
A 3829.05% increase from the 280 high would be 11001 satoshis

[Vlad2Vlad]

Some know facts:
Bitcoins highest closing price some time ago was $ 29.6 on June 8 2011 the lowest closing price on Nov 18 was $ 2.049 a decrease of 93.08%
Dogecoins highest closing price was 280 the lowest closing price 23, a decrease of 91.79%

Since that day Bitcoin has seen highs as high as 1163, a increase of 3829.05% from the 29.6 high
A 3829.05% increase from the 280 high would be 11001 satoshis

So you think doge should be worth over $5 billion?

That analysis is wrong on so many levels.

Doge will have a massive run and it will make new record highs but at best it will be worth about $1 billion.  Which for a totally inflated ShitCoin is unreal.

At $1 billion it would be a return of 100 fold from today's $10 million market-cap which would be a 10,000% increase or 2,500 Satoshi.

This is a best case scenario for Doge which would only happen if they're added to BitPay/Coinbase and their hedge fund backed marketing machine kicks into high gear and they significantly slow down their massive imfsltion rate.

Cheers!

[rdnkjdi]

cyptocurrency without any innovations is doomed to be dead,sooner or later.

This an absurd way of thinking. A good coin, must have a lot of support, be fair, and gives a lot of trust, and all the features must be fair and well design. This is not we have seen in 2014, e.g., a new X11 coins stating a great innovation, and when we look at the 'masternode' implementation, the only goal we have is stealing 20% of the POW operation. What a great innovation... The innovation word sadly hide a lot of scam operations.

You also only have to look as far as Vertcoin with its ASIC-resistant PoW algorithm and anonymous transactions, currently at  35th on Coinmarketcap, to realise that no, technology is not by any means the full picture.

In all fairness I believe what killed Vertcoin was the anon coins that also use GPU algorithms.  Darkcoin & Monero are both mined by GPU's.  Anon + decentralized > decentralized.

[oneway]

cyptocurrency without any innovations is doomed to be dead,sooner or later.

This an absurd way of thinking. A good coin, must have a lot of support, be fair, and gives a lot of trust, and all the features must be fair and well design. This is not we have seen in 2014, e.g., a new X11 coins stating a great innovation, and when we look at the 'masternode' implementation, the only goal we have is stealing 20% of the POW operation. What a great innovation... The innovation word sadly hide a lot of scam operations.

You also only have to look as far as Vertcoin with its ASIC-resistant PoW algorithm and anonymous transactions, currently at  35th on Coinmarketcap, to realise that no, technology is not by any means the full picture.

In all fairness I believe what killed Vertcoin was the anon coins that also use GPU algorithms.  Darkcoin & Monero are both mined by GPU's.  Anon + decentralized > decentralized.

I don't think vertcoin is dead, anyway we had so many new coins lately. We had a massive dilution effect + massive scams operations pump and dumps and so on... Anyway the GPU mining is dead with these algorithms: X11 algorithm can be efficiently implemented using FPGAs, and scrypt, n-scrypt require ASICs...

[rnicoll]

So you think doge should be worth over $5 billion?

That analysis is wrong on so many levels.

Doge will have a massive run and it will make new record highs but at best it will be worth about $1 billion.  Which for a totally inflated ShitCoin is unreal.

At $1 billion it would be a return of 100 fold from today's $10 million market-cap which would be a 10,000% increase or 2,500 Satoshi.

This is a best case scenario for Doge which would only happen if they're added to BitPay/Coinbase and their hedge fund backed marketing machine kicks into high gear and they significantly slow down their massive imfsltion rate.

Cheers!

You do realise $5 billion for a currency is, to use your term, shitcoin compared to conventional currencies which rank in the trillions of USD. That's not a target to hit, that's a minor stepping stone. Excellent progress for a 5 year old currency, but not by any means a destination. So, yes, any successful crytocurrency should be targeting substantially more than half the market cap of Snapchat (http://online.wsj.com/articles/snapchat-fetches-10-billion-valuation-1409088794)

[Vlad2Vlad]

You do realise $5 billion for a currency is, to use your term, shitcoin compared to conventional currencies which rank in the trillions of USD. That's not a target to hit, that's a minor stepping stone. Excellent progress for a 5 year old currency, but not by any means a destination. So, yes, any successful crytocurrency should be targeting substantially more than half the market cap of Snapchat (http://online.wsj.com/articles/snapchat-fetches-10-billion-valuation-1409088794)

You do realize there are now over 600 crypto currencies and next year we'll have thousands, many with multi million dollar budgets and celebrity endorsements, while Doge has absolutely ZERO technological competitive advantages and is not even a secure coin (the very definition of a ShitCoin) which is the primary reason it has to merge mined with LTC and I predict that even with that addition of hash power it will still be hacked and forked cause it truly is an unsecured ShitCoin.

So then, looking at the big picture, it is a miracle for any such currency to reach $1 billion and the only reason doge may reach that is because it was launched and is secretly ran by a hedge fund, something I clearly stated multiple times last year.  If that were not the case, doge right now would be valued at 1 litoshi.

Finally, comparing any ShitCoin, like doge, to the value of Bitcoin is delusional given all the money and power in the world is backing Bitcoin and the only reason these other currencies have any value at all is because of pure speculative reasons and due to a crowding out effect.

[Lauda]

You do realize there are now over 600 crypto currencies and next year we'll have thousands, many with multi million dollar budgets and celebrity endorsements, while Doge has absolutely ZERO technological competitive advantages and is not even a secure coin (the very definition of a ShitCoin) which is the primary reason it has to merge mined with LTC and I predict that even with that addition of hash power it will still be hacked and forked cause it truly is an unsecured ShitCoin.

So then, looking at the big picture, it is a miracle for any such currency to reach $1 billion and the only reason doge may reach that is because it was launched and is secretly ran by a hedge fund, something I clearly stated multiple times last year.  If that were not the case, doge right now would be valued at 1 litoshi.

Finally, comparing any ShitCoin, like doge, to the value of Bitcoin is delusional given all the money and power in the world is backing Bitcoin and the only reason these other currencies have any value at all is because of pure speculative reasons and due to a crowding out effect.

Exactly that is what I though. Even though Doge has reached decent heights in the past, it was mostly because of it's community.
Doge supporters were everywhere. Where are they right now?
What technical features does DOGE offer to compete with other coins, or future coins? None.
I also doubt that Doge will ever reach $1 Billion, $100M is what I'm questioning as well.

[cryptotard]

the dog is dead
winter coming
bones without meat won't feed the dog

[nofall]

You do realize there are now over 600 crypto currencies and next year we'll have thousands, many with multi million dollar budgets and celebrity endorsements, while Doge has absolutely ZERO technological competitive advantages and is not even a secure coin (the very definition of a ShitCoin) which is the primary reason it has to merge mined with LTC and I predict that even with that addition of hash power it will still be hacked and forked cause it truly is an unsecured ShitCoin.

So then, looking at the big picture, it is a miracle for any such currency to reach $1 billion and the only reason doge may reach that is because it was launched and is secretly ran by a hedge fund, something I clearly stated multiple times last year.  If that were not the case, doge right now would be valued at 1 litoshi.

Finally, comparing any ShitCoin, like doge, to the value of Bitcoin is delusional given all the money and power in the world is backing Bitcoin and the only reason these other currencies have any value at all is because of pure speculative reasons and due to a crowding out effect.

Exactly that is what I though. Even though Doge has reached decent heights in the past, it was mostly because of it's community.
Doge supporters were everywhere. Where are they right now?
What technical features does DOGE offer to compete with other coins, or future coins? None.
I also doubt that Doge will ever reach $1 Billion, $100M is what I'm questioning as well.

August is not the best month to gather everyone; But supporters are still there all around.

[ocminer]

I am working on the update for dogepool.net i will be ready very soon and be updated to the new wallet

[CartmanSPC]

FYI for the devs:

It specifies in the release notes that:
rpcallowip=192.168.*.*

needs to be changed to:
rpcallowip=192.168/16

Well, that didn't work. I ended up just putting in the full IP address of the pool (ex: rpcallowip=192.168.1.101)

xpool.net has been updated to v1.8

[rnicoll]

You do realize there are now over 600 crypto currencies and next year we'll have thousands, many with multi million dollar budgets and celebrity endorsements, while Doge has absolutely ZERO technological competitive advantages and is not even a secure coin (the very definition of a ShitCoin) which is the primary reason it has to merge mined with LTC and I predict that even with that addition of hash power it will still be hacked and forked cause it truly is an unsecured ShitCoin.

Yes, there are over 600, and we're 7th, and we've been in the 7th-9th range since we stopped being pumped and dumped.

On security; come back when you have anything based on facts. Dogecoin is merged-mining because being in conflict with another coin for hash rate (and this goes for ANY coin pair) is unsustainable. You only have to look at http://liteshack.com/ to see how each algorithm has a lead coin, a second that might be safe, and nothing else in the same league.

So then, looking at the big picture, it is a miracle for any such currency to reach $1 billion and the only reason doge may reach that is because it was launched and is secretly ran by a hedge fund, something I clearly stated multiple times last year.  If that were not the case, doge right now would be valued at 1 litoshi.

I should probably take that as a compliment. I will state core Doge development is currently funded only in as far as https://chain.so/address/devfund takes us.

[rnicoll]

FYI for the devs:

It specifies in the release notes that:
rpcallowip=192.168.*.*

needs to be changed to:
rpcallowip=192.168/16

Well, that didn't work. I ended up just putting in the full IP address of the pool (ex: rpcallowip=192.168.1.101)

xpool.net has been updated to v1.8

Thanks, it should be:

rpcallowip=192.168.0.0/16

I'll get that fixed

[rnicoll]

Exactly that is what I though. Even though Doge has reached decent heights in the past, it was mostly because of it's community.
Doge supporters were everywhere. Where are they right now?
What technical features does DOGE offer to compete with other coins, or future coins? None.
I also doubt that Doge will ever reach $1 Billion, $100M is what I'm questioning as well.

Doge's community is primarily active on reddit and IRC.

In terms of features, 1 minute block times meaning a fraction of the time to first confirmation and an inflationary economic model used to mitigate transaction costs and encourage spending. AuxPoW removes the conflict with Litecoin for Scrypt hashrate, which is the single biggest hurdle for Dogecoin right now.