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evansearle42
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July 24, 2014, 01:24:29 AM |
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Doge will get 51% soon and die.
51% attacks are overrated; they are not enough to make a coin die. The only way it could die is if the community abandoned it, which seems unlikely to happen. 51% attack is pretty easy if the hash rate continue to drop. |
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akujin
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July 24, 2014, 01:41:04 AM |
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BTC: 165rKPfGJ3ndrG1QziHR6ACnViP4EQHNK7
LTC: LMysGMFjmF9gR9RzStij74msXrDP1NqW8X
DOGE: DRZXGgcKN8kANwko3VycsBVVGqfy6XsSpM
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bubble83
Member
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Activity: 72
Merit: 10
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July 24, 2014, 01:42:19 AM |
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Doge will get 51% soon and die.
51% attacks are overrated; they are not enough to make a coin die. The only way it could die is if the community abandoned it, which seems unlikely to happen. 51% attack is pretty easy if the hash rate continue to drop. How much longer do you think it will be before DOGE is vulnerable? |
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XbladeX
Legendary
Offline
Activity: 1302
Merit: 1002
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July 24, 2014, 08:19:20 AM |
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Doge will get 51% soon and die.
51% attacks are overrated; they are not enough to make a coin die. The only way it could die is if the community abandoned it, which seems unlikely to happen. 51% attack is pretty easy if the hash rate continue to drop. Solutions: 1) merged mining - best or 2) Switch to POS like Blackcoin...( note that with POS you need big amounts of coins online to keep higher security lvl from tis point of view best is merged minig and developer of Doge is not POS specialist ) to keep high security Doge Dev need act now not after accident IMO. |
Request / 26th September / 2022 APP-06-22-4587
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srt1234
Newbie
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Activity: 14
Merit: 0
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July 24, 2014, 08:31:12 AM |
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I don't think Doge is going to die as long as the community keeps supporting it.
Its value might keep low unless the community gets larger.
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Brewins
Legendary
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Activity: 1120
Merit: 1000
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July 24, 2014, 09:05:55 AM |
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People getting tired of the joke, and mining less profitable, so network weaker, making doge not interesting. Just the natural things. Things will get worse with time, as far I can see.
We may see the same happening with bitcoin in the following decades, but at least the fact bitcoin wasn't born as a joke give us more chances.
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Tyekanik
Newbie
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Activity: 10
Merit: 0
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July 24, 2014, 09:09:50 AM |
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galbros
Legendary
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Activity: 1022
Merit: 1000
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July 24, 2014, 10:00:18 AM |
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Ouch, yes, that is bad for doge, not just them backing away from doge but their laying out in very stark terms their reasons for backing away. |
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akujin
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July 25, 2014, 02:21:55 AM |
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I've been wondering why the dog on that gif is acting like that. Is it sick?  |
BTC: 165rKPfGJ3ndrG1QziHR6ACnViP4EQHNK7
LTC: LMysGMFjmF9gR9RzStij74msXrDP1NqW8X
DOGE: DRZXGgcKN8kANwko3VycsBVVGqfy6XsSpM
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northranger79510
Sr. Member
Offline
Activity: 308
Merit: 250
Riecoin and Huntercoin to rule all!
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July 25, 2014, 03:22:34 AM |
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DOGE is dead...1 litoshi soon.
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robhimself
Full Member
Offline
Activity: 154
Merit: 100
Calling out scams, one HYIP at a time...
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July 25, 2014, 03:33:20 AM |
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I'm glad some good came of the whole Doge business, with the donations made to charities and such. Some people had a lot of fun with what was always supposed to be a coin for fun. Unfortunate to see some people lost their shirt on it, but to bet so heavily on a coin based on a joke is pretty insane.
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