rnicoll
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September 07, 2014, 11:15:42 AM |
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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).
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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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rnicoll
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September 07, 2014, 11:18:14 AM |
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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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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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rnicoll
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September 07, 2014, 11:20:22 AM |
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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.
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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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Kergekoin
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September 07, 2014, 12:42:01 PM |
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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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ciprian220
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September 07, 2014, 09:26:13 PM |
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DOGE will hit the LTC market cap within next year. This will happen due LTC falling and DOGE gaining its strenght.
you are sure?
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Vlad2Vlad
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www.ixcoin.net
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September 07, 2014, 10:24:57 PM |
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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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iXcoin - Welcome to the F U T U R E!
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franckuestein
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Truth will out!
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September 07, 2014, 10:52:21 PM |
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DOGE will hit the LTC market cap within next year. This will happen due LTC falling and DOGE gaining its strenght.
Seems legit @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
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Bitcoin-Workers
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September 08, 2014, 10:23:17 AM |
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ak111in
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September 08, 2014, 11:57:44 AM |
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MinAddress : Now remember your addresses easilyHi, MinAddress is condensed form of your address with the following features: Next generation address which is easy to remember and type Case insensitive Permanent and secure Easy to verify MinAddress uses the following concept making it permanent, secure and easy to verify: Full address to Min-Address Conversion: #Take the full address and find the block in which the first transaction to address occurs.The block number is the converted to hex-code and forms the first part of Min-Address. #Get all the receiving addresses in the block and do a case insensitive comparison to find the minimum number of initial characters which uniquely identify the address, this forms the second part of the Min-Address. Min-Address to Full address Conversion: #Take the First part of the Min-Address and convert it to decimal, this is the block number. #Get all the receiving addresses in the block and do a case insensitive comparison to find full address which uniquely matches the second part of the Min-Address. After every conversion you will get a verify link which can be used to verify your Min-Address/Full Address. Example: Bitcoin Full Address: 17ykeSBpC8MrJr4GrizNUYz6DEnwQ598fQ Min-Address: 3fa5b-17yk Verify Link: http://blockexplorer.com/block/00000000000000099f086871f03d03f6639b89799cb6d452a9f34c5764f83dcbCurrently, we support: Bitcoin addresses, Litecoin addresses and Dogecoin addresses. Hope this is helpful. Please donate to this project so that we can continue the support and development. Bitcoin : 1PPJ5x74KEo9euEiSJKxyBUfHMRQrXKL1f Litecoin : LNz69V1Ls4cwML4YpCanoM4PAHREQbFfV7 Dogecoin : DJvvwFHgFX9qypeEYWsuscdWodtanLCN6X For more information please visit www.minaddress.infoMain Thread : https://bitcointalk.org/index.php?topic=774378.0Regards
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Kergekoin
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September 08, 2014, 04:08:11 PM |
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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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Hueristic
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Doomed to see the future and unable to prevent it
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September 08, 2014, 07:29:01 PM |
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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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“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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rnicoll
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September 08, 2014, 10:57:50 PM |
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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...
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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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Dogecoin (OP)
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September 08, 2014, 11:04:26 PM |
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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 |
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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!
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Bit_Happy
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A Great Time to Start Something!
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September 09, 2014, 03:07:33 AM |
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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.
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devphp
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September 09, 2014, 04:50:47 AM |
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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. Let's change the tone before it happens. Go go, doge!
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Kergekoin
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September 09, 2014, 05:02:22 AM |
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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. Let's change the tone before it happens. Go go, doge! Well, all my posts in this thread are DOGE-positive. 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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Targetbit
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September 09, 2014, 06:50:49 AM |
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What do you expect for Dogecoin? Yes you are right, mining is close to over but the volume of trade is very low. for example in Bter now is 2 days without any up/down.
Should I get out of Dogecoin?
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Vlad2Vlad
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www.ixcoin.net
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September 09, 2014, 07:26:57 AM |
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What do you expect for Dogecoin? Yes you are right, mining is close to over but the volume of trade is very low. for example in Bter now is 2 days without any up/down.
Should I get out of Dogecoin?
How is mining close to over for doge? As of right now doge still has an endless supply of coins. Infinity. Everyone wants doge capped but that has not happened and if it does you buy doge not sell. Oye!
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iXcoin - Welcome to the F U T U R E!
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devphp
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September 09, 2014, 07:31:44 AM |
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What do you expect for Dogecoin? Yes you are right, mining is close to over but the volume of trade is very low. for example in Bter now is 2 days without any up/down.
Should I get out of Dogecoin?
Stage 1 of crypto currencies when the success was measured in volume of speculative trade only is close to over. We're now facing Stage 2, when communities start to develop economies around their cryptos of choice. Only 3 communities are more or less successful at this stage: 1) Bitcoin, which has the first mover advantage and a large network effect, its economy is the largest of course, unfortunately that also could mean that the time of big price rises is over, only gradual price rises are possible, as a lot of people are already involved and the potential is already priced in. 2) Dogecoin and 3) NXT - these two look set to reach their goals in building strong economies around themselves judging by their efforts, but both are naturally behind Bitcoin at this point, both are undervalued. I don't see any other coin that is close. Whether you should get out of Dogecoin depends on why you got in in the first place.
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