beautiful day outside

[Xinixes]

"dogecoin LIED and created the illusion of popularity when no-one liked it"

I don't think so, it was a joke that began to attract new miners (like me) because it was fun filling up the wallet. Just a bonus that one suddenly made some small dollars from it. Now I having some riggs and mining other stuff but it's not as fun and most of them don't have a nice community like dogecoin (more like people in aggression).

I think this whole business is more or less a scam and dogecoin was one of the less bad of them and I suppose it will be worse (lol, I just waiting for those trojans to wake up on my computers so backups and reinstall plans are made )

(Sorry for any bad English, not my native language, I'm a swede )

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[Yuzu]

Linux and Android advocates need to understand that this is why Windows and iOs can and will continue to dominate consumer space.

iOS is hardly dominating.

But to the post, who cares?  Is the guy who sold a pet rock a scammer?  No, he sold a pet rock, it's in the name.  Just like Doge, it's in the name, it's a meme.  You shouldn't take more than that into it.  And who cares if it was 99% premined.  Coins only have value if someone pays for it.  I once paid $50 for $15 Weezer tickets, cause that was the value to me.  I wasn't being scammed.  A scam is when you get something other than what you paid for.

+ One million and 42.

[OrkneyCoiner]

Hmmm interesting.
I was there when it first started. I must be one of those paid posters.

me too 

[jenveno]

"That is likely what dogecoin did."

Sooo playing devil's advocate here, you don't actually know, just spreading some good ol' FUD?

[The Doktor]

So you know this is what DOGE did? Show us your evidence. Otherwise I'll just regard you the same way I regard 9/11 conspiracy types, as a headcase off your meds.

Seriously, why are DOGE haters such a rabid bunch.

Such insane. Much mental. Very need thorazine. Wow!

[cthulu1]

Alex Jones called, he wants you to give him his tin-foil hat back.


And by the way, 69+ GH/s says  the OP batshit insane.

[The Doktor]

Alex Jones called, he wants you to give him his tin-foil hat back.


And by the way, 69+ GH/s says  the OP batshit insane.

Maybe those people are getting paid to mine


Ed

[cthulu1]

Alex Jones called, he wants you to give him his tin-foil hat back.


And by the way, 69+ GH/s says  the OP batshit insane.

Maybe those people are getting paid to mine


Ed

Well, that is what happens when you mine coins...you get paid!

[Thingamajig]

The OP has a point. Dogecoin is nothing but a measly clone of what is otherwise dated code. In order to get the ball rolling, it wouldn't surprise me if a few accounts were made in order to entice more exposure.

Nonetheless, the real reason Dogecoin also took off was the fact it was the first of it's kind; a meme coin. Unfortunately, it has absolutely nothing else going for it, and effectively is another trash coin for the pile once it goes belly up - and it will, once people start to see it for what it is.


I was too busy mining Protoshares at the time, a decision i did not regret. At least that offered something new. However, i've moved past mining altogether now.

[dopecoindude]

It is a cult.

[kokonut]

Anyone who is involved with web-design, is aware of the tactics
of blah blah blah drool groan...

Anyone who is involved with bitcointalk, is aware that it is unfortunately patrolled by a number of deeply unhappy, halfwitted, sexually frustrated adolescents who can barely string two coherent words together, and haven't the vaguest inkling of an understanding of anything of which they speak.

Bitbets is one such, and I strongly advise ignoring the miserable, incontinent little twit.

[cthulu1]

Anyone who is involved with web-design, is aware of the tactics
of blah blah blah drool groan...

Anyone who is involved with bitcointalk, is aware that it is unfortunately patrolled by a number of deeply unhappy, halfwitted, sexually frustrated adolescents who can barely string two coherent words together, and haven't the vaguest inkling of an understanding of anything of which they speak.

Bitbets is one such, and I strongly advise ignoring the miserable, incontinent little twit.

+1

[odetopsyche]

Interesting theory... tbh though, even if they "created the illusion" of popularity with less than savory forum tactics, this hardly explains how and why they became as popular as they did.

I've tried to "create the illusion of popularity," and it's hardly a scalable and/or profitable endeavor unless REAL people are excited in the product you are selling.

Also, they're hardly the first altcoin to create the "illusion of popularity." A more interesting question (if we take your claim as valid) is: Why were their tactics so wildly successful?

[dealwithitdoge]

Is this a real accusation? I'm not quite sure if you're trolling or retarded.

The developer declined a $500,000 investment offer. When confronted that he "could become rich off this idea" he diverted that he's already rich: he donated thousands of dollars to various sources... out of nothing; something that all started off as a joke. He stated that this was a better story for his kids/grandkids than becoming wealthy.

[maxxoccupancy]

Dogecoin took off for the same reason that Litecoin and Bitcoin did:
1. Tons of faucets (forum and websites)
2. Different approach garnered media attention
3. Everyone could mine it from Day 1

[achillez]

Dogecoin was the first professional scam coin spread over the long term.

+1 billion

Exactly. Others in this forum (including myself) have attempted since day 1 to educate the masses that this is a pure scamcoin. I mean seriously - 6.5% instamine in 3 days (12B coins!?!?). Who do you think profited from this? It was the huge GPU mining rigs, or worse new scrypt asics from China that mined the crap out of this coin. Then they shilled, pumped, and seems now to be dumping the coin making $ millions of dollars in the process. It's horrible how many newbs were sucked into this ultra-scam coin. The sad thing is the same shills bash Quark or other coins saying these coins instamined. Quark had an instamine (if you want to call it that) over 3 months. Then the price dropped very low for 3+ months giving *anyone* the chance to buy. It was not even close to the scam that is dogecoin.  

I know some legitimate GPU miners also made some BTC off dogecoin, which is great, but they are few and far between.

I guess all of this is somewhat good news for BTC/alt. It means it has matured and professional scammers have come to town, but everyone *please* be careful with future altcoins. Look at the fundamentals, premine, instamine, etc... before you start purchasing this $rap. If you don't you will be burned.

STOP SPREADING FUD!!!

There was not instamine 12B coins in 3 days !!! Everybody even you can go and check this in blockchain.   It was about 2.5B coins in 3 days. There was not instamine.

You are really retarded!!!  

FUD? This was communicated in multiple bitcoin threads that it was 6.5%, 12Billion coins in 3 days. Supposedly multiple sources also confirmed this. I have not checked the blockchain but given the multiple discussions it seemed legit. Have you checked and verified the blockchain?? Would like to see proof before you go off calling FUD.  Anyways, even if it is not 12B, 2.5B is still a huge number.

Yes, I checked it.  
Proof is in blockchain. Dont you understand that?!?!?

2.5B is not huge number if you know that in first 66 days was mined about 50B coins.  

And it is really funny that because this FUD was communicated in multiple threads than it is true.  

Ok I just scanned the blockchain myself. It looks like you're right 3 days over 3B were mined (not 12B). I stand by my statement though that this is a huge number in a short time. The noobs sadly were suckered thinking 100k coin for <1BTC was a good deal.

About the 66 days thing @ 50B coin, I understand this is >50% of the total supply. That's kind of scary as well. Not sure where dogecoin is going w/ the rapid ramp.

[The Doktor]

Ok I just scanned the blockchain myself. It looks like you're right 3 days over 3B were mined (not 12B). I stand by my statement though that this is a huge number in a short time. The noobs sadly were suckered thinking 100k coin for <1BTC was a good deal.

About the 66 days thing @ 50B coin, I understand this is >50% of the total supply. That's kind of scary as well. Not sure where dogecoin is going w/ the rapid ramp.

The extremely rapid ramp is my biggest concern for DOGEs survival. Miners will leave with each halving, leaving DOGE open for a 51% attack. And there are plenty of haters to do the attack. Also I'm sure at least a few real scumbags out there who would do it for financial gain. The weak development(?) team doesn't really help.

Still I wish the dog much success. Nobody has created brilliance out of stupidity this well since Monty Python.


Ed

[qznc]

All money is mass delusion, crypto or fiat or whatever. Nothing wrong with that.

[BLCAAN]

Anyone who is involved with web-design, is aware of the tactics
of making a forum appear busier than it actually is.

Why make a forum look busier than it really is?
Because people tend not to join or post on forums that are not that busy,
that is why.

How do web-designers make forums look busy when they are not busy?
Web-designers can create their own posts under many alt-names, in
order to create the illusion of having more activity on a new forum.
Or, if they have the money to spend, they can hire paid-posters
to fill the forum with even more posts that way.

And once the forum is looking busier, then the web-surfers are much more
likely to join up and start posting themselves.

It works. That is the truth. It is deceitful(lies), but it does work.


That is likely what dogecoin did. They used paid posters and lots of them,
in order to create the illusion of being a popular coin when in fact,
most people had already rejected dogecoin because of the lousy name.

Dogs buy a dogs coin, and dogecoin is based on lies from the time it first started.
The paid posters even started to lie and say that dogecoin went viral, when
in fact, it was the mass-spam paid posters who kept on posting and being paid,
who went and spread the dog-gospel of dogecoin.

As investors though, you have the choice, of whether or not you will be fooled
or deceived by these tactics or not.

WTF, dude you can't just say shit like this without some kind of proof. You remind me of Redban.

[faithdealer]

Just when I think the retardation in this forum has peaked, I see this thread.

"ITS A DOG COIN"