DogeCoin already bigger than Litecoin

[digger]

mine dogecoin here http://dog.ltcoin.net

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[anderl]

LoL comparing FTC with Doge and actually thinking FTC was bigger than DOGE.


Well maybe I think so because I got lucky with Doge and not lucky with FTC

Yeah, that is anecdotal evidence.  You should have been there when FTC was launched.  It was a "copper" to LTC "silver", and was going to overtake LTC.  CHNCoin, was going to be huge, 1 CHNCoin for each Chinese citizen.

There were a lot of bagholders and still are today that hold BTC that are trying to double down and get out.

[burnum]

FreeTrade you have me confused, you contributed only $10 to the network and yet you seem to think that by keeping your profits you have invested it? Care to clarify?

This is a nice approach but we should not forget that not all mined coins are instantly being sold at exchanges. If people who mine coins hold them, less money will be needed to maintain price level.

I look at it a different way.

Let's say I mine a coin, say $10 on a VPS and I make $100 worth of DOGE. That's $90 profit.

If I choose to keep that $100 in DOGE, i'm now not a miner, but an investor . . I've invested my $90 profit plus $10 outlay in DOGE.

Not all miners are investors, not all investors are miners.

In my book your $10 outlay was your investment in doge, your $90 profit was just that: Profit

Much confused, help please

[Oldminer]

dogecoin is kiddie junk

[damiano]

dogecoin is kiddie junk

It's a cult that is growing in size weekly.

[StephenJH]

So were the nazis.

[DieJohnny]

LOL @ people claiming doge is God when its only a few months old.

They said the same thing about feathercoin.

I remember feathercoin I got rich off that and chinacoin when they were first released and put on btc-e.com.  I dumped every last dime of it and they never reached the price they started at.  I think at the open 1 FTC = 1 BTC.  LOL!!!

genuine question:

Was any of the these coin you mention, or any of previous coins as popular as dogecoin?

Meaning in volume? Seems like doge has some huge numbers in individual buys/sell, and a lot more people are holding. There seem to be a lot of doge wallets have gotten downloaded. Scary numbers.

Have there been an equal in popular awareness?

Yes much more so.  Feathercoin was huge at the time and Chinacoin was just as big.  So big that btc-e.com added them to their exchange in a matter of a few weeks (this was before cryptsy existed and everyone trade on google spreadsheets).

btc-e.com has bid/asks in BTc of up to 100 BTC in FTC on bid and ask.  DOGE is nowheres near this.  FTC network grew as big as LTC at the time.  Again you really had to be there.  All you know is what happened in the last few months.  There is a lot of history in cryptos in the last 3 years.

This is absurd. one year ago the only people mining crypto were uber geeks and unemployed programmers. Feathercoin was crazy popular with this crowd.

There has been NO coin with a demographic like Dogecoin. If you think kids can't drive a coin to the top then maybe you have heard of Facebook, texting, instagram, or snapchat.

[SolidStateSurvivor]

So were the nazis.

Goodwin's law (http://en.wikipedia.org/wiki/Goodwins_law)  Thread over!

[stompix]

Thread title:
DogeCoin already bigger than Litecoin

In the doge thread first post  , with bold letters:
DogeCoin has been updated to v1.5, rebasing the code on the most recent version of Litecoin, adding much security. Heavily recommended to upgrade. See http://www.reddit.com/r/dogecoin/comments/1wc77t/psa_v15_of_dogecoin_officially_released_make_sure/

Much Irony

[Jimfoxy]

Does it make more sense to mine DogeCoin than Litecoin?

There are way too many of these coins to make sense of!

[stompix]

Does it make more sense to mine DogeCoin than Litecoin?

There are way too many of these coins to make sense of!

It's not about sense , it's about how much profit you can make with the mined coins.

[Jimfoxy]

I agree that it is about profit (Dollars and Cents) not "sense."  Consider my question rephrased!!

[ltcifc]

Does it make more sense to mine DogeCoin than Litecoin?

There are way too many of these coins to make sense of!

It makes more sense to mine Infinitecoin than both of them.

[zackclark70]

Does it make more sense to mine DogeCoin than Litecoin?

There are way too many of these coins to make sense of!

It makes more sense to mine Infinitecoin than both of them.

it made more sense to mine IFC a few months back when the block reward was over 500,000 and you could mine 1,000,000,000 in a week with 2,000kh

[Praeconium]

Hi, I just found this topic Your blog post and came here, and why would maintenance cost be total daily supply * price?

Assuming daily supply price is static (although diff changes, so diff day diff static) while price fluctuates the only determinant of price is actually the amount of coins that change hands on exchange, volume at specific price.

Wouldn't for example (avg 7d volume - daily volume) * price be more accurate? As well as needed amount of BTC to lower it 10% etc based on orderbook be more accurate note of how much money is needed to destabilise price?

Because this way You count how much daily cap is added, rather than money needed to support current price.

[BakaBum]

Good for the Dog!

[ctrlzed]

Does anyone know why Doge has disappeared from Cryptsy?

[Spoetnik]

nope bs.

when sites replace ltc with doge then ya but that is not happening..
your full of shit trying to hype up this scamcoin..

hmm what happened to memorycoin 1.0 ? ..you should have got a scammer tag from that freetrade

[CoinBuzz]

hmm what happened to memorycoin 1.0 ? ..you should have got a scammer tag from that freetrade

+1

[FreeTrade]

Hi, I just found this topic Your blog post and came here, and why would maintenance cost be total daily supply * price?

Assuming daily supply price is static (although diff changes, so diff day diff static) while price fluctuates the only determinant of price is actually the amount of coins that change hands on exchange, volume at specific price.

Wouldn't for example (avg 7d volume - daily volume) * price be more accurate? As well as needed amount of BTC to lower it 10% etc based on orderbook be more accurate note of how much money is needed to destabilise price?

Because this way You count how much daily cap is added, rather than money needed to support current price.

Yes, I think that could be an interesting measure too. Different measurements though.