How to ruin Dogecoin

[freethink2013]

You are correct sir. Dogecoin is the bridge between the average person and the crypto-nerd. This is why it's important that it succeeds. Because when it does, the average person will be better equipped to understand crypto which opens the doors for existing alt-coins and those to come. Doge's success will the the success of the entire crypto-currency world.

Dogecoin is a success if it can stay @ 100 satoshi per dogecoin. That would be very good. But I expect heavy price flucuations and that will scare every average person.
Pump and Dump coins are not really helpfull to build trust with the average person.

Mirsad,

I agree, pump and dump hurts the crypto-currency world. But what if Facebook adopted Dogecoin? It's popular right now and silly, but gets the job done like every other crypto. This 'what if' would be HUGE for all crypto's.

I've said before, that a "weakness" that many point to (100,000,000,000 Dogecoins) is actually a strength. The average Facebook user is more likely to want to see whole numbers in their accounts than .002345 (as with Bitcoin). So this percevied weakness actually works for Dogecoin.

The community surrounding Dogecoin seems to be a different one compared to the community surrounding other alt-coins. Dogecoin's is larger and not as tech oriented as let's say Devcoin.

There's a lot going for Dogecoin right now and like I've said, when Dogecoin succeeds, the crypto-currency world will go mainstream and that will be a good thing for all coins, including Devcoin.

ridiculous. No-one apart from absolute idiots wants your shit coins. What next? The starwars kid launches a currency?

doge was created to make a mockery of crypto coins. Get out while you can.

[markm]

But we need some things:

Secure wallets with 2 factor authentification.
Sending and receiving coins with email addresses or usernames instead of the actual wallet address.

It has to be easy and safe to use for the average person. Then it will big a BIG, BIG success.

Yeah yeah all the same stuff bitcoin and all the others all also need.

Keep up the promotion end of things and upgrade to latest bitcoin code each time bitcoin gets upgraded and you should be fine.

-MarkM-

[Mirsad]

Yeah yeah all the same stuff bitcoin and all the others all also need.

Keep up the promotion end of things and upgrade to latest bitcoin code each time bitcoin gets upgraded and you should be fine.

-MarkM-

Of course all other coins need that.
But doge has such a huge hype -> why not do something usefull instead of only hodling coins?

[markm]

ridiculous. No-one apart from absolute idiots wants your shit coins. What next? The starwars kid launches a currency?

doge was created to make a mockery of crypto coins. Get out while you can.

I guess their attempt to be a mockery backfired on them bigtime then, huh?

Strange that the starwars kids are so far behind the Star Trek and Battlestar Galactica kids though, isn't it?

Maybe a disturbance in the Force whispered "trademark troll" in their ear or something...

-MarkM-

[coinedge]

They could fix this in one fell swoop: minimum doge send = 1.0 doge, and be done with it.

[markm]

But doge has such a huge hype -> why not do something usefull instead of only hodling coins?

First useful thing is to pile up a vast vast pile of buy orders at the low end of the buy order-book, enough to buy up all the coins minted per day and proceeding onward from there to enough to buy up all the coins already minted.

Time enough then to spare a few coins from up-holding the exchange rate to offer some bounties to the bitcoin developers to get some new good things added to bitcoin so all the bitcoin-derived coins will inherit such goodies...

-MarkM-

[Nullu]

guys you are so delusional. dogecoin for facebook users? ahahahah
bitcoin didn't make it YET and you think a shitcoin like doge can go out of this forum?
Seriously?
Let's dump it and create a new one, it's getting old

The only reason altcoins aren't mainstream is because it still requires some basic technical knowledge to get a wallet setup and the likes. When altcoins do become mainstream, you don't think a huge company like Facebook is just going to ignore such a trend?

Doesn't Facebook have it's own crude form of currency? If it sees how popular alt currencies are, why wouldn't they buy one up that's already popular?

Isn't that classic big company behaviour? Wait until something's mainstream, then buy it up.

Maybe not Dogecoin, but still.

[markm]

More likely they'd launch their own.

Its not like it is technically hard or anything.

They have coders, they have marketing, the only challenge - which for them might not be much of a challenge - is the legal stuff.

-MarkM-

[sighle]

guys you are so delusional. dogecoin for facebook users? ahahahah
bitcoin didn't make it YET and you think a shitcoin like doge can go out of this forum?
Seriously?
Let's dump it and create a new one, it's getting old

The only reason altcoins aren't mainstream is because it still requires some basic technical knowledge to get a wallet setup and the likes. When altcoins do become mainstream, you don't think a huge company like Facebook is just going to ignore such a trend?

Doesn't Facebook have it's own crude form of currency? If it sees how popular alt currencies are, why wouldn't they buy one up that's already popular?

Isn't that classic big company behaviour? Wait until something's mainstream, then buy it up.

Maybe not Dogecoin, but still.

With how often new altcoins are released, why would Facebook, a multi-billion dollar company not just hire someone to develop their own Facebook Coin?

Seems like people are releasing new coins by themselves out of their basement lately. The only thing that sets dogecoin apart right now is it's massive casual following and the huge coin base that makes it so accessible.

[markm]

A little reminiscent of Feathercoin, isn't it?

But much much cuter mascot.

Oh wait does Feathercoin even have a mascot?

-MarkM-

[Pangia]

More likely they'd launch their own.

Its not like it is technically hard or anything.

They have coders, they have marketing, the only challenge - which for them might not be much of a challenge - is the legal stuff.

-MarkM-

Mark,

In your opinion, would a Facecoin by Facebook be mined like other cryptos so that it's decentralized?

[markm]

In your opinion, would a Facecoin by Facebook be mined like other cryptos so that it's decentralized?

Huh? It wouldn't, how could they hope to ever secure its blockchain?

It'd be secured by facebookcoin ASICs.

Who would they sell such ASICs to, and why?

The argument I was responding to assumed for the sake of the argument that they would deploy a decentralised coin didn't it?

If not then well yeah duh of course they would use Open Transactions or their own custom crypto-secured currency software.

-MarkM-

[freethink2013]

wazzzzzupppppppppppppppp!

[Pangia]

In your opinion, would a Facecoin by Facebook be mined like other cryptos so that it's decentralized?

Huh? It wouldn't, how could they hope to ever secure its blockchain?

It'd be secured by facebookcoin ASICs.

Who would they sell such ASICs to, and why?

-MarkM-

Sorry. I meant --- would the public be able to mine it?

[markm]

And I meant that even if it were mine-able who would they license to mine it / equip with their patented trademarked or whatever intellectual property ASICs and why?

Maybe they'd sell USB dongles like ASICminer did?

Maybe do a shares promotion next time they want to raise capital, one USB dongle facebookcredits-miner free to each shareholder or something like that?

-MarkM-

[freethink2013]

ridiculous. No-one apart from absolute idiots wants your shit coins. What next? The starwars kid launches a currency?

doge was created to make a mockery of crypto coins. Get out while you can.

I guess their attempt to be a mockery backfired on them bigtime then, huh?

Strange that the starwars kids are so far behind the Star Trek and Battlestar Galactica kids though, isn't it?

Maybe a disturbance in the Force whispered "trademark troll" in their ear or something...

-MarkM-

As far as I know it was just one guy who stole the meme of 2013 and source code that was publicly available. He put out a few press releases and because idiots adopted his joke coin he made thousands. He made the coin as a comment on how stupid people like you are. And here you are. Living proof of humanities stupidity. He's laughing all the way to the bank and you'll be catching knives.

[filthyrake]

Mr. Dogecoin (the creator) is already aware of the issue and will fix it, so relax guys.  It's not the end of the world.

[freethink2013]

Mr. Dogecoin (the creator) is already aware of the issue and will fix it, so relax guys.  It's not the end of the world.

so adobe, such updates

[markm]

Me, catching knives? Huh? The most I'd be doing is forum-trolling as usual and maybe putting in buy offers starting at one satoshi per coin each time some idiot buys more than one coin from me at more than one satoshi per coin.

(That is, use some fraction of the whatevercoins I get from selling DOGE at more than X satoshis to place an order to buy more at less than X satoshis. Knife? What knife? All the whatevercoins I'd offer to buy with would be just a portion of the profits I already made.)

-MarkM-

[Starlightbreaker]

Is it a hack-job by people who didn't know what they were doing?

it's a joke coin where people took it way too seriously.