DOGECOIN!
- Started
- Last post
- 56 Responses
- scarabin0
gizmodo said it best
"it's hard to feel too bad for someone who saw fit to invest in a grammatically incorrect internet dog. "
- ukit20
Seems like this is a danger for any cryptocurrency right? That someone could hack the wallet site.
- ZOOP0
^Every single form of electronic currency is susceptible to theft, the fact that dogecoin was stolen just shows that thieves see it as valuable. Silliest currency to ever take hold, but I simply see it as a new way of thinking about currencies as a whole.
Accounting for as many variables as possible, take your opinion of popular culture currencies to it's natural conclusion. Take the next most likely one to it's conclusion, and so on.
Look at this in terms of the maximum possible number of different encrypted currencies, you choose how you want to diversify investments across the market. No currency is 100%, silly basis or not. I don't think dogecoin is the new currency by any standard, but instead points to a new direction.
I can't wait to see what the next creative collaboration will be. Who knows, it might even come from Qboners.
- formed0
Until there is some sort of insurance nothing will get to the mainstream. It's just speculation at this point.
Perhaps it will change the world, but it has a long way to go before people trust it.
- ZOOP0
Dogecoin, "an open source peer-to-peer cryptocurrency, favored by Shiba Inus worldwide" now accounts for more transaction volume than every other cryptocurrency combined. http://www.policymic.com/article…
- Looking back on the first page posts, seems that some were a little hasty, and cynical. I aint even mad tho :DZOOP
- nb0
Dogecoin exists because there are nerds that will do anything to have something to talk about over drinks on a Friday night as long as there is zero chance of getting laid.
- says the guy trolling on Friday nightZOOP
- oooh, you've been...
ZOOP-ZINGED™albums - maybe just ZOOPED™albums
- he got zooped so hard I had to bleach the poo stuck on my knucklesZOOP
- Your jelly is showing nbanimatedgif
- ZOOP0
via pango @ news of the day
vertical currency named after a meme is helping Jamaican Olympic go to Russia... lol
http://www.cbc.ca/strombo/news/h…
ty! :D much lolz
- ZOOP0
The currency's popularity and value are rapidly growing; the baseline price on January 7, 2014 was approximately 4600 DOGE to 1 United States dollar. As of January 20, Dogecoin is trading on cryptocurrency exchanges at an average high of approximately 0.00000260 BTC per DOGE, or about 500 DOGE to 1 USD. http://en.wikipedia.org/wiki/Dog…
To the Moon! :D
- To the Moon Moon™albums
- What happens if Doge reaches $1 US, with 28 billion mined as of now? Jamaicans on de Moon! :PZOOP
- I quit my day jobanimatedgif
- <or... keep your day job, mine this shit and double your income by year's end? better yet... Qbones $$$ 4 Q'bers! :PZOOP
- ZOOP0
From Dec. 30th:
"The doge meme is all about over-the-top positivity and optimism, and dogecoin was started in pursuit of fun and laughter, not greed."Dogecoin co-founder Billy Markus told us in an email he was amazed by the project.
"I've NEVER seen something like this before in cryptocurrency. Usually when something gets hacked the common response is for everyone to call the people who got hacked 'idiots'. To me, this is incredible."
http://www.businessinsider.com/o…
My point all along, if efforts like this (not just dogecoin) are to succeed, it won't be from pessimists. Not only was the concept saved, it's less than two months old and practically exploding, having grow nearly by a factor of ten in the last two weeks.
"Look, Mr. Potter, it's no skin off my nose, but you can't keep laughing off this Baily Park anymore. Look at it." :P
- and that's the definition of a bubble...people jump on second tier ideas/companies after first shoots upformed
- <and then another, and yet another are created, until you have so many the platform is too widespread for one to matterZOOP
- single crypto to be any major determining factor.ZOOP
- this isn't the stock market, if a stock fell prey to what China did, it would be done, Bitcoin proves otherwiseZOOP
- what's more, this shows the feasibility of user-based insurance against theft, self-protecting currency :DZOOP
- BabySnakes0
For $1,700 I could be a Slumdoge Millionaire...
- as of today 28 billion doge mined, each worth 1/500th of a dollar, that's $56 million :DZOOP
- if as described, bitcoin is the gold of crypto, and litecoin is the silver, then doge is poised to be the copper equivalentZOOP
- ya seems that...so invest in pennies?BabySnakes
- buy doge by the pound! get it? lolzZOOP
- ZOOP0
- ZOOP0
Dogecoin market manipulation? https://news.ycombinator.com/ite…
- 4chan thread archived during the leak http://rbt.asia/g/th…
lolsanimatedgif - <nice! thanksZOOP
- 4chan thread archived during the leak http://rbt.asia/g/th…
- ZOOP0
^ do that, and then you can do this:
Book a Jamaican Luxury Villa for 3.5m Dogecoin http://www.coindesk.com/book-jam…
- ZOOP0
Dogecoin Just Solved A Problem That Bitcoin Is Going To Face
http://www.businessinsider.com/d…and this :D
Dogecoin community helps send Indian luger to Sochi
http://billingsgazette.com/sport…makes me smile when I read about all the positivity surrounding doge, the world needs more mutual support like this! :D
- ZOOP0
okay one more, then I sleep
Dogecoin Is One Step Closer to Being Real Money
"generosity has led to the seven-week-old Dogecoin becoming, far and away, the most widely traded virtual currency in the world."
"Canadian electronic currency exchange Vault of Satoshi announced that it will now support Dogecoin, making it far easier to convert the currency into U.S dollars."
" According to BitInfoCharts.com, dogecoins with the equivalent of $212,500,000 USD were traded over the past 24 hours. To give a sense of how ridiculous that transaction volume is, the total value of every dogecoin in existence is only around $60,300,000."
http://mashable.com/2014/02/01/d…
so volume!
- ukit20
High volume because each Dogecoin is worth such a small amount.
I think it's more helpful to look at the total value of money being traded than the number of coins, right?
- read above quote maybe?ZOOP
- I understand what you're saying tho, it's right there brohamZOOP
- $212M traded in 24 hours from a total of $60M loool! ever seen anything like that before, ever? :DZOOP
- Wow, that does seem crazy.ukit2
- that floored me when I read it! money just isn't supposed to be able to do that, until now. very exciting! =)ZOOP
- I guess people use it to tip comments they like on Reddit? I even have a few Dogecoin because of that.ukit2
- or pizza? http://s3-ec.buzzfed…ZOOP
- <btw that was from Dec. 23rd 2013, courtesy of babysnakes on the previous pageZOOP
- ukit20
:)
- hahaha thank you! I'll go to bed with a smile and this in my head tonight :DZOOP
- This is one of those internet things where if you showed it to someone 10 years ago, would make absolutely no sense at allukit2
- so true, same for bitcoin as well. I like the kittehcoin too. a coin for every occasion maybe? people power!ZOOP
- came back to watch again today :)ZOOP