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Author Topic: [ANN][DOGE] Dogecoin - very currency many coin - v1.10.0  (Read 3011387 times)
pawel7777
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September 07, 2014, 07:31:50 AM
 #21981



Are the doge devs even discussing capping doge?  They must be - there is no way doge can ever go mainstream when the inflation is worse than the dollar they're running from.

There was an extensive discussion on reddit long time ago. They decided not to. Good decision, if all the coins are mined too soon - who would mine it and support the network? The reward from fees is not sufficient.

DOGE was designed to be functional currency rather than investment. The inflation is necessary and it's got nothing to do with going mainstream. As % value, the inflation will decrease every year, so if DOGE survives the first 2 years, it should be fine.

I am in favour of reducing the final block reward tho.

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September 07, 2014, 09:26:47 AM
 #21982


4chan was right...  Tongue Grin


What do you mean?  Sorry not familiar with who 4Chan is.



He was probably trying to discredit what you said. People in 4chan make the most irrational claims possible.



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niothor
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September 07, 2014, 10:46:38 AM
 #21983


The reason I knew this is that Bitcoin will go mainstream next year but its transactions are way too expensive and when volume picks up Bitcoin will not be able to handle the transactions size.

LTC and doge [together] solve the tx volume and high tx cost issues for Bitcoin.

I agree that if bitcoin gains more popularity, it'll likely pull the DOGE up. Simply, if someone put some effort to learn about bitcoin, than he/she is very likely to try the other cryptos as well, and DOGE is one of the most popular and easier to get.

Don't really see what's the strenght of LTC nowadays tho. Bitcoin is (was and will be) more popular as both, functional currency or investment. Dogecoin has low tx fees, creates more hype and reaches to a new people. Think LTC will be slowly losing its position.

Go back through this thread and read the hype in February when people where so happy that they passed the hashrate of LTC and how LTC is doomed. What happened next? I'm a doge supporter but what happened was BEGGING for merge mining with LTC to secure the coin.



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September 07, 2014, 11:15:42 AM
 #21984



Are the doge devs even discussing capping doge?  They must be - there is no way doge can ever go mainstream when the inflation is worse than the dollar they're running from.

Again; the inflation is a constant volume, so it drops as a portion of coins over years. As one example, this means in 30 years it will be down to 2%. That also has to compensate for lost coins; in conventional currency money that's too old and taken out of circulation is then re-printed, for Dogecoin if you lose the keys to your wallet those coins are then out of the economy. Compared to most other coins, our supply drops insanely quickly, to the point that I expect that in 6 months people will complain that having mined 2,000% of that year's (2015) supply in 2014, makes it almost a premine. It also gives us plenty of spare for weird experiments that use proof of burn to form new currencies, such as Dogeparty.

Personally, I'm also of the opinion if we lose the inflation, we're exactly the Bitcoin clone with different branding that many of our detractors claim we are.

We have 100-200,000 users (my estimate), stop worrying about 5% and ask how we get the next 1000% increase in users (and even that would only bring us up to Bitcoin-levels).

Dogecoin Core developer, ex-researcher, trader.

Unless stated otherwise, opinions are my own and do not necessarily reflect that of other Dogecoin developers.
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September 07, 2014, 11:18:14 AM
 #21985

What happend to Dogecoin? Are there some big whales have started to eat some cheap nodes?

All the slow Bitcoin millionaires finally realized that what I've been saying is true:  Doge and LTC will be added to BitPay et al and be pushed mainstream next year.  Doge should hit a $1 billion valuation next year and LTC should hit $100.

Cheers!

We should also remember the payment processors who have shown faith in Dogecoin already, and support them in return. In strictly alphabetical order, I'm aware of: block.io. Coinpayments.net, DogePoS, GoCoin, Moolah. Lets get more stores using them!


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September 07, 2014, 11:20:22 AM
 #21986

I agree that if bitcoin gains more popularity, it'll likely pull the DOGE up. Simply, if someone put some effort to learn about bitcoin, than he/she is very likely to try the other cryptos as well, and DOGE is one of the most popular and easier to get.

Don't really see what's the strenght of LTC nowadays tho. Bitcoin is (was and will be) more popular as both, functional currency or investment. Dogecoin has low tx fees, creates more hype and reaches to a new people. Think LTC will be slowly losing its position.

I'd think of it less as "Why is Litecoin so high?" and more "Why is Dogecoin so low?"

Even if anything does happen to Litecoin in time, we're merely adding a mechanism to get their hashrate as well as our own, helping secure the coin, we can still survive without them.

Dogecoin Core developer, ex-researcher, trader.

Unless stated otherwise, opinions are my own and do not necessarily reflect that of other Dogecoin developers.
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September 07, 2014, 12:42:01 PM
 #21987

DOGE will hit the LTC market cap within next year. This will happen due LTC falling and DOGE gaining its strenght.

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September 07, 2014, 09:26:13 PM
 #21988

DOGE will hit the LTC market cap within next year. This will happen due LTC falling and DOGE gaining its strenght.

you are sure?  Tongue
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September 07, 2014, 10:24:57 PM
 #21989

DOGE will hit the LTC market cap within next year. This will happen due LTC falling and DOGE gaining its strenght.

Absurd.

You don't understand how Bitcoin works and where it needs help.

LTC and doge will both be added to BitPay et al and will both surge to billion dollar valuations.  LTC and doge cover different niche markets so one will not replace the other.  They both compliment Bitcoin and will assist Bitcoin otherwise Bitcoin will not be able to go to the mainstream mass market next year which is the plan.

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September 07, 2014, 10:52:21 PM
 #21990

DOGE will hit the LTC market cap within next year. This will happen due LTC falling and DOGE gaining its strenght.

Seems legit  Cheesy Cheesy
@Kergekoin, coming here saying something without arguments = nothing.

"This will happen due LTC falling and DOGE gaining its strenght" IMAO this is not an explanation to believe on what you say... we can be doge supporters and stakeholders without saying non-sense things.

Of course Doge can be as important as LTC but we need time and a better/higher infrastructure. New shops or projects accepting Doge as an important feature for it... ... ...
One example of what you can do to help the coin is move your doges, buy things! make simple donations to your friends! Spread your love for doge  Wink

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September 08, 2014, 10:23:17 AM
 #21991

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September 08, 2014, 11:57:44 AM
 #21992

MinAddress : Now remember your addresses easily

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Main Thread : https://bitcointalk.org/index.php?topic=774378.0
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September 08, 2014, 04:08:11 PM
 #21993

Absurd.

You don't understand how Bitcoin works and where it needs help.

LTC and doge will both be added to BitPay et al and will both surge to billion dollar valuations.  LTC and doge cover different niche markets so one will not replace the other.  They both compliment Bitcoin and will assist Bitcoin otherwise Bitcoin will not be able to go to the mainstream mass market next year which is the plan.

Im sorry i was so superficial in my earlier post. Let me elaborate a bit.

Coins will come and go in the future too. Litecoin will not die. It will survive the low period and perhaps gain some value in couple of years. I was more optimistic about Litecoin in few months ago, but now i am not that sure if it will hit a 25 USD again in a year or two. What is this litecoin niche? Could you explain where is it unique or why should it hit 25 or 50 USD again?
DOGE will not replace anything, but i suspect it will be more successful than the Litecoin, simply because of its character.
The current top coins have plenty of room to grow. One should not replace another. Cryptocoins market is still extremely small.

I am not going in to detail on this, because this is not the right topic but BTC can become a more of the  safe haven payment instrument in few years time. People need time to learn what crypto-currencies are about and trust issues will ease in time. Liquidity will increase and solid coins will gain value against FIAT.


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September 08, 2014, 07:29:01 PM
 #21994

Absurd.

You don't understand how Bitcoin works and where it needs help.

LTC and doge will both be added to BitPay et al and will both surge to billion dollar valuations.  LTC and doge cover different niche markets so one will not replace the other.  They both compliment Bitcoin and will assist Bitcoin otherwise Bitcoin will not be able to go to the mainstream mass market next year which is the plan.

Im sorry i was so superficial in my earlier post. Let me elaborate a bit.

Coins will come and go in the future too. Litecoin will not die. It will survive the low period and perhaps gain some value in couple of years. I was more optimistic about Litecoin in few months ago, but now i am not that sure if it will hit a 25 USD again in a year or two. What is this litecoin niche? Could you explain where is it unique or why should it hit 25 or 50 USD again?
DOGE will not replace anything, but i suspect it will be more successful than the Litecoin, simply because of its character.
The current top coins have plenty of room to grow. One should not replace another. Cryptocoins market is still extremely small.

I am not going in to detail on this, because this is not the right topic but BTC can become a more of the  safe haven payment instrument in few years time. People need time to learn what crypto-currencies are about and trust issues will ease in time. Liquidity will increase and solid coins will gain value against FIAT.



Although I don't have faith in LTC it has the following going for it that will continue to support it's value albeit in a degrading manner.

1. Wide spread adoption
2. Refusal to fork under any circumstances.
3. Proof of longevity.

There may be more but these come to mind.

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rnicoll
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September 08, 2014, 10:57:50 PM
 #21995

BTW, as I'm getting more contacts from those who hope the Dogecoin devs have significant resources to spend; if we do, I'm certainly not aware of it. We're not premine, ICO, or even significantly postmine, and core development funding amounts to the funds shown at https://chain.so/address/devfund.

Suspect no-one will read this, but I can try...

Dogecoin Core developer, ex-researcher, trader.

Unless stated otherwise, opinions are my own and do not necessarily reflect that of other Dogecoin developers.
Dogecoin
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September 08, 2014, 11:04:26 PM
 #21996

hello fellow shibes there is a new dogecoin that was released it is called 'dogecoindark' it is a combination of dogecoin with anonymity and some other advanced features. It basically takes dogecoin and improves it 1000%! Big announcements coming. Check out the thread here: https://bitcointalk.org/index.php?topic=770742.20

Note this has no relationship to the original Dogecoin except for borrowing the name and some of the marketing theme. Entirely separate team, and the Dogecoin developers cannot help you with anything involving DogecoinDark.

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spazzdla
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September 09, 2014, 02:14:02 AM
 #21997

I printed off 60 paper wallets put 100 doge on them and gave them out at work and put them on the cars of the college I use to go to.. :O!
Bit_Happy
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September 09, 2014, 03:07:33 AM
 #21998

DOGE will hit the LTC market cap within next year. This will happen due LTC falling and DOGE gaining its strenght.

The tone of this thread tends to change when the DOGE price doubles like it did recently.  Cheesy

FYI: We are <snip>
devphp
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September 09, 2014, 04:50:47 AM
 #21999

DOGE will hit the LTC market cap within next year. This will happen due LTC falling and DOGE gaining its strenght.

The tone of this thread tends to change when the DOGE price doubles like it did recently.  Cheesy

Let's change the tone before it happens.

Go go, doge! Smiley
Kergekoin
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September 09, 2014, 05:02:22 AM
 #22000

DOGE will hit the LTC market cap within next year. This will happen due LTC falling and DOGE gaining its strenght.

The tone of this thread tends to change when the DOGE price doubles like it did recently.  Cheesy

Let's change the tone before it happens.

Go go, doge! Smiley

Well, all my posts in this thread are DOGE-positive.  Wink I said couple of months ago, that DOGE will hit 50+ satoshi again before the end of the year. Mintpal went to the high of 49 2 days ago. Lets see.

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