peterlustig (OP)
Sr. Member
 Offline
Activity: 812
Merit: 250
The Fourth Generation of Blockchain in DeFi
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September 21, 2014, 11:26:45 AM |
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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Morguk
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September 21, 2014, 11:43:35 AM |
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Pretty nuts, price is staying at 70 satoshis too.
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Calculate the chance of hitting a bitcoin block when solo mining at |
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evergrow
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September 21, 2014, 12:08:55 PM |
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peterlustig, any idea why?
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El Dude
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September 21, 2014, 12:48:56 PM |
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peterlustig, any idea why?
Cause they merge mine with litecoin now that's actually litecoins hash rate exploding. |
Bitcoin and Litecoin hodler
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devphp
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September 21, 2014, 12:55:00 PM |
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peterlustig, any idea why?
Cause they merge mine with litecoin now that's actually litecoins hash rate exploding. You're hilarious. So when market caps of Doge and LTC are equal, you will say it's not LTC's fault  |
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El Dude
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September 21, 2014, 12:57:41 PM |
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peterlustig, any idea why?
Cause they merge mine with litecoin now that's actually litecoins hash rate exploding. You're hilarious. So when market caps of Doge and LTC are equal, you will say it's not LTC's fault How could a no hardcap clone coin overtake it's master. Not gonna happen Lol |
Bitcoin and Litecoin hodler
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evergrow
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September 21, 2014, 01:02:51 PM |
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How could a no hardcap clone coin overtake it's master. Not gonna happen Lol
Why not? Dogecoin is an enhanced Litecoin that has a meme story on top of it |
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El Dude
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September 21, 2014, 01:04:56 PM |
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How could a no hardcap clone coin overtake it's master. Not gonna happen Lol
Why not? Dogecoin is an enhanced Litecoin that has a meme story on top of it A coin with no hardcap and billions of coins is a enhancement ? Jesus Christ wtf has this place become.... |
Bitcoin and Litecoin hodler
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evergrow
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September 21, 2014, 01:05:49 PM |
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How could a no hardcap clone coin overtake it's master. Not gonna happen Lol
Why not? Dogecoin is an enhanced Litecoin that has a meme story on top of it A coin with no hardcap and billions of coins is a enhancement ? Yes. Why are you so angry? |
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peterlustig (OP)
Sr. Member
Offline
Activity: 812
Merit: 250
The Fourth Generation of Blockchain in DeFi
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September 21, 2014, 01:30:08 PM |
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peterlustig, any idea why?
Probably the recent price increase and the block reward halving in 10 days. |
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vipgelsi
Legendary
Offline
Activity: 1736
Merit: 1001
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September 21, 2014, 02:02:11 PM |
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Pretty nuts, price is staying at 70 satoshis too.
Ya i was thinking it would crash. |
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Booth
Newbie
Offline
Activity: 57
Merit: 0
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September 21, 2014, 02:47:44 PM |
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How could a no hardcap clone coin overtake it's master. Not gonna happen Lol
Why not? Dogecoin is an enhanced Litecoin that has a meme story on top of it how exactly dogecoin is an enhancement over a Litecoin? Looks like a regular clone to me |
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CoinHoarder
Legendary
Offline
Activity: 1484
Merit: 1026
In Cryptocoins I Trust
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September 21, 2014, 02:58:31 PM |
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I prefer Doge over Litecoin. Both are pretty useless, but at least Doge has a fun community and cool mascot. I've been hard on Doge in the past, but they have grown on me. |
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thew3apon
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September 21, 2014, 03:06:04 PM |
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Dogecoin hashrate should be higher then litecoin right? Since you can pretty much mine anycoin and merge mine dogecoin..
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Nullu
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September 21, 2014, 03:53:05 PM |
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Dogecoin hashrate should be higher then litecoin right? Since you can pretty much mine anycoin and merge mine dogecoin..
That's only if everyone was merge-mining. |
BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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devphp
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September 21, 2014, 03:54:56 PM |
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How could a no hardcap clone coin overtake it's master. Not gonna happen Lol
Why not? Dogecoin is an enhanced Litecoin that has a meme story on top of it A coin with no hardcap and billions of coins is a enhancement ? Jesus Christ wtf has this place become.... Ok, allow me to copy my own post from another thread, there you go, enjoy:
Parroting the 'emission limit' argument without actually understanding what it's about reveals lack of thought. It's not the emission limit per se that counts, it's predictability of emission that is important as opposed to unpredictable emission we can witness in fiat that crypto currency enthusiasts usually refer to. It's the unpredictable "at-central-banks'-whim" emission that leads to inflated prices of goods and rapidly depreciating currency.
Many people will be proven wrong on Dogecoin in the near future. They don't understand that Dogecoin simply shortcut the distance and jumped straight to year 2020 in Bitcoin's life when Bitcoin's yearly emission volume/total supply would also become similar to what Dogecoin is scheduled to have in the coming 3 months. Of course, PoS coins jump to that state at Genesis block, but because PoW enthusiasts do not like those, it's fine, I don't mention those. However, provided we try to stay objective, there is no justification not to see Bitcoin's future in what Dogecoin does now. If you bet on Dogecoin demise now, it means you bet on Bitcoin demise in 5 years. |
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