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

[Thistleblower]

Is it a good time to invest in Doge?
What do you think?

It's probably a very bad time to buy. The enormous volume (4000 btc plus in 24 hrs on Cryptsy) suggests a deliberate strategy. High volume and stable low price suggests laundering. A fast and effective way of anonymising BTC by currency hopping. But to work it needs price regulation to avoid the risk of huge swings. So buy up a significant portion of the currency, and let the price settle back to a nice steady progression. Fluctuations can then be controlled with selective buying and dumping.

Eat your heart out Dark Cloak Crypt etc.

You win the prize for dumbest theory about the weekend bubble.

So what's yours? In all the time I've been watching cryptsy I've never seen a single coin do more than a tenth of this volume. 4653 BTC in one day is staggering.

[spazzdla]

Agreed the volume of doge has been utterly insane.. utterly.

IMO the constant inflation + community backing is HIGHLY underrated.  Doge is the cheapest way to send $ right now?

BTC 5 cents
Doge .01 cent..


I created 200, 100 doge bills via dogeaddress.com.  It is not logical to make a bunch of 2 cent wallets with BTC.

[CartmanSPC]

Because with AuxPoW, a Doge is tapped into all scrypt hash power. 

ALL?

Incorrect.

Doge is tapped into (sharing) Litecoin's hash network.  Just like all the sha256 merged coins are sharing the network with Bitcoin.

I believe the AuxPoW fork code allows the sharing of any script coin with a hashrate higher than that of Doge, which at this time is only LTC.

Any scrypt POW coin. It does not have to have a higher hash rate.

[futile-resistance]

Check out the winner of the UNESCO youth competition:


https://www.youth-competition.org/winners-2013-2014-announced/


That's right, "Microlending with Dogecoin" won a United Nations competition. The award ceremony will be held at the Entrepreneurship Summit in Berlin next month.

[subSTRATA]

Check out the winner of the UNESCO youth competition:


https://www.youth-competition.org/winners-2013-2014-announced/


That's right, "Microlending with Dogecoin" won a United Nations competition. The award ceremony will be held at the Entrepreneurship Summit in Berlin next month.

UNESCO gave green light to cryptos? That is big news!

[pawel7777]

Check out the winner of the UNESCO youth competition:


https://www.youth-competition.org/winners-2013-2014-announced/


That's right, "Microlending with Dogecoin" won a United Nations competition. The award ceremony will be held at the Entrepreneurship Summit in Berlin next month.

UNESCO gave green light to cryptos? That is big news!

Nah. It's too much to say they gave a green light. The ideas were opened for public voting, there was a bit of hype on /r/dogecoin and that's what happened.

Anyways, well done.

[futile-resistance]

Check out the winner of the UNESCO youth competition:


https://www.youth-competition.org/winners-2013-2014-announced/


That's right, "Microlending with Dogecoin" won a United Nations competition. The award ceremony will be held at the Entrepreneurship Summit in Berlin next month.

UNESCO gave green light to cryptos? That is big news!

Nah. It's too much to say they gave a green light. The ideas were opened for public voting, there was a bit of hype on /r/dogecoin and that's what happened.

Anyways, well done.

Top 10 submissions by public vote were evaluated by a panel of UNESCO selected judges.

Here are the judges:

https://www.youth-competition.org/competition-2013/panel-of-judges/

[subSTRATA]

Check out the winner of the UNESCO youth competition:


https://www.youth-competition.org/winners-2013-2014-announced/


That's right, "Microlending with Dogecoin" won a United Nations competition. The award ceremony will be held at the Entrepreneurship Summit in Berlin next month.

UNESCO gave green light to cryptos? That is big news!

Nah. It's too much to say they gave a green light. The ideas were opened for public voting, there was a bit of hype on /r/dogecoin and that's what happened.

Anyways, well done.

If UNESCO was against cryptos that idea would be "killed" very quickly. For example, deadline for entries was 30.06.2014. so it would possibly be "idea received too late, sorry".

[hellyeahent]

Because with AuxPoW, a Doge is tapped into all scrypt hash power. 

ALL?

Incorrect.

Doge is tapped into (sharing) Litecoin's hash network.  Just like all the sha256 merged coins are sharing the network with Bitcoin.

I believe the AuxPoW fork code allows the sharing of any script coin with a hashrate higher than that of Doge, which at this time is only LTC.

can u give link to that aux link and why would u do sth like that ?

[futile-resistance]

Because with AuxPoW, a Doge is tapped into all scrypt hash power. 

ALL?

Incorrect.

Doge is tapped into (sharing) Litecoin's hash network.  Just like all the sha256 merged coins are sharing the network with Bitcoin.

I believe the AuxPoW fork code allows the sharing of any script coin with a hashrate higher than that of Doge, which at this time is only LTC.

can u give link to that aux link and why would u do sth like that ?

The devs told us about that ages ago, I can't remember the specific thread on /r/dogecoin or /r/dogecoindev. But, myriadcoin is successfully merge mineable with dogecoin ever since the fork: http://www.reddit.com/r/myriadcoin/comments/2g3xm4/its_dday_lets_bag_some_doge/

[Vlad2Vlad]

I believe the AuxPoW fork code allows the sharing of any script coin with a hashrate higher than that of Doge, which at this time is only LTC.

I don't think that's correct at all.  Any scrypt coin has to have the merge mine patch added if they wanna be merge mined with LTC and doge.  There's nothing automatic about it.

I'm not a coder but I know That's how it's done with BTC and all the merge mined coins there.

[Vlad2Vlad]

Can anybody confirm, has doge been capped at 100 billion coins?

Thanks!

[hellyeahent]

Because with AuxPoW, a Doge is tapped into all scrypt hash power. 

ALL?

Incorrect.

Doge is tapped into (sharing) Litecoin's hash network.  Just like all the sha256 merged coins are sharing the network with Bitcoin.

I believe the AuxPoW fork code allows the sharing of any script coin with a hashrate higher than that of Doge, which at this time is only LTC.

can u give link to that aux link and why would u do sth like that ?

The devs told us about that ages ago, I can't remember the specific thread on /r/dogecoin or /r/dogecoindev. But, myriadcoin is successfully merge mineable with dogecoin ever since the fork: http://www.reddit.com/r/myriadcoin/comments/2g3xm4/its_dday_lets_bag_some_doge/

Thanks for your link, could somebody from /r dogecoin give me another one with explanation what happened, please ? What is that marge minning and why ?

[C10H15N]

Because with AuxPoW, a Doge is tapped into all scrypt hash power. 

ALL?
Incorrect.
Doge is tapped into (sharing) Litecoin's hash network.  Just like all the sha256 merged coins are sharing the network with Bitcoin.

I believe the AuxPoW fork code allows the sharing of any script coin with a hashrate higher than that of Doge, which at this time is only LTC.

Any scrypt POW coin. It does not have to have a higher hash rate.

Your right. I just switched to multipool.us and am currently mining doge along with ANC. 

[allknowingeye]

I suspect this merged mining will hurt both Litecoin and Doge. Diff has been driven through the roof on both and profitability seems to be in the toilet.

[UdjinM6]

I suspect this merged mining will hurt both Litecoin and Doge. Diff has been driven through the roof on both and profitability seems to be in the toilet.

one word - Bitcoin

[Vlad2Vlad]

I suspect this merged mining will hurt both Litecoin and Doge. Diff has been driven through the roof on both and profitability seems to be in the toilet.

You're missing the whole point and reason for the merge mining.  To make both coins ultra secure so they can push them mainstream starting in a few months.


Like I said before this run started, doge and LTC will be added to BitPay and Coinbase.

That's when the real run will start.  Right now only insiders have bought.  Chokers buy last for the chicken feed.

[fusioncoins]

I'm excited to see what will happen in the next 2 months after the merged mining.

[CartmanSPC]

I suspect this merged mining will hurt both Litecoin and Doge. Diff has been driven through the roof on both and profitability seems to be in the toilet.

You're missing the whole point and reason for the merge mining.  To make both coins ultra secure so they can push them mainstream starting in a few months.

The merged mining will only add more hashrate to LTC from miners who decide to mine LTC and also get DOGE. They (LTC) did not change their coin to support auxPOW so any additional hashrate they get is just former DOGE miners moving over. Miners don't necessarily need to mine LTC to get DOGE though as any POW scrypt coin can be used to get DOGE now.

[hotdk]

Because with AuxPoW, a Doge is tapped into all scrypt hash power. 

ALL?

Incorrect.

Doge is tapped into (sharing) Litecoin's hash network.  Just like all the sha256 merged coins are sharing the network with Bitcoin.

I believe the AuxPoW fork code allows the sharing of any script coin with a hashrate higher than that of Doge, which at this time is only LTC.

can u give link to that aux link and why would u do sth like that ?

The devs told us about that ages ago, I can't remember the specific thread on /r/dogecoin or /r/dogecoindev. But, myriadcoin is successfully merge mineable with dogecoin ever since the fork: http://www.reddit.com/r/myriadcoin/comments/2g3xm4/its_dday_lets_bag_some_doge/

Thanks for your link, could somebody from /r dogecoin give me another one with explanation what happened, please ? What is that marge minning and why ?

http://www.clevermining.com/ this pool share not only LTC but other altcoin to dig dogecoin.