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Topic: beautiful day outside - page 3. (Read 5556 times)

sr. member
Activity: 812
Merit: 250
The Fourth Generation of Blockchain in DeFi
February 24, 2014, 02:48:24 PM
#27
Haters gonna hate.
full member
Activity: 232
Merit: 100
February 24, 2014, 02:44:26 PM
#26
Doge hate is a bit silly given that they are doing more than any other altcoin to increase crypto adoption and introducing people to mining.  There are over 690,000 Dogecoin wallets with money compared with just 19,000 Peercoin wallets.

I will agree that it is sad that just 15 addresses hold 49% of all the dogecoins, but all the big coins have piss poor distribution.  26 addresses hold 51% of all quarkcoins and just 271 hold 75%.  Better distribution will probably have to be a key feature of a more successful coin.  


newbie
Activity: 23
Merit: 0
February 24, 2014, 02:29:22 PM
#25
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.

The title of your thread suggests some factual information behind your post but the actual post itself is just riddled with wild assumptions.

I have to say though its quite amusing reading through these threads "dogs buy a dog coin???" really? Doge is the devil incarnate etc  Roll Eyes Grin Cheesy

Also to the people saying crapcoin/scamcoin with no use to it, can you tell me another coin which in its infancy (in comparison to a lot of other coins) had so many services available? Can you name many other coins which are actually putting the crypto to good use (Doge4Kids) rather than just to harm the crypto community and just profit the coin maker & the early adopters? Are the people who made the coin, posted tens of thousands of posts across 100s of boards, mined the coin on launch with supercomputers also responsible for dogecoin having over 5million results on google too? Cos thats mighty impressive.

newbie
Activity: 16
Merit: 0
February 24, 2014, 01:25:34 PM
#24
Nobody really cares I'm afraid.... why would they. The devs used a method to support the launch of their coin, and probably worked very hard doing it, and it worked, good for them I say.
hero member
Activity: 874
Merit: 1000
February 24, 2014, 01:21:05 PM
#23
So every coin I put let's say my 100MH/s or more rigs at, is a scamcoin in your eyes?

now you can also rent mining rigs for cheap, I know a lot of people who rent over 200 MH/sec for just 24 hours, to mine the shit out of a newly released coin.

If the coin is setup for a huge instamine over a couple days - yes.
full member
Activity: 322
Merit: 100
February 24, 2014, 01:17:31 PM
#22
So every coin I put let's say my 100MH/s or more rigs at, is a scamcoin in your eyes?

now you can also rent mining rigs for cheap, I know a lot of people who rent over 200 MH/sec for just 24 hours, to mine the shit out of a newly released coin.
newbie
Activity: 14
Merit: 0
February 24, 2014, 01:16:54 PM
#21
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.

Nice arguments made there. Legit and valid... If u say dogecoin is scamcoin then with that logic all the cryptocoins are scamcoins excluding btc (maybe). And i am sure that you always speak fancy of you favourite coin (dont know what u are mining or have u bought) until u sell all of ur holding and start flaming again. Why dont u let ppl fall into the trap then? Are u jezus who will save the ppl from buyin dogecoin? Why bother posting for a crapcoin?

I personally know that all these up to now are scamcoins but time will tell. I ve found the one and only coin that will have some meaning in the future, but i wont share it with you. (ofc its not btc-ltc-doge)
hero member
Activity: 874
Merit: 1000
February 24, 2014, 01:11:38 PM
#20
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.
legendary
Activity: 1008
Merit: 1000
GigTricks.io | A CRYPTO ECOSYSTEM FOR ON-DEMAND EC
February 24, 2014, 01:02:34 PM
#19
Dogecoin was the first professional scam coin spread over the long term.
newbie
Activity: 14
Merit: 0
February 24, 2014, 01:00:06 PM
#18
People dont tent to undestand why dogecoin has potential. Ofcourse its normal for everyone to defend his own-mining coin, but in digital coins its all about reputation and market awareness.
People have always been kin to propaganda, history has shown that many times, when someone who presents something in a very "professional" way tends to convince that it is actually worthy. If bill gates or steve jobs was promoting SHITCOIN people would believe that its worth and they would follow.Check youtube about logos-ethos-pathos ( https://www.youtube.com/watch?v=O2dEuMFR8kw). Dont get fooled by luxurious or very highly "professional" coin names. Choosing the right name for a crypto coin wont get you anywhere if it doesnt offer something new. Dogecoin has introduced the idea of cryptocurrency to a wide population in the internet.
Finally, for people who say that producing more coins every year instead of having a hard cap, they should think about future adaptation of a coin in large numbers. Its all about phycological reasons. Its better to use 1 coin to buy a coca cola than sending 10^(-30) coins...

Also if u want u can verify the numbers...

Year    Doge inflation    Litecoin Inflation    Bitcoin Inflation
1             100%             100%                    100%          
2             5.26%             50%                    50%          
3             5%             33%                    33%          
4             4.76%             12.5%                    12.5%          
5             4.54%             11.1%                    11.11%          
6             4.35%             10%                    10%          
7             4.2%             9.09%                    9.09%          
legendary
Activity: 1834
Merit: 1020
February 24, 2014, 11:16:06 AM
#17
The same principle would also apply to the super high transaction volume they boast. Its like they are just throwing coins through a blockchain tor-type system.

If you have enough coins to pay transaction fees for long time, you can make any cryptocoin almost stall due to transaction volume, just use
auto-sender to move coins within your own wallet and set it to very high rate. The same goes for exchange volume, set trade BOTs on two or
more accounts to trade between themselves. You'll pay 0.2% or so trade fees to exchange but if your goal is to create an illusion of high volume
(to attract big players) and you invested a lot into coin that should not be a big problem.

Factually, the growth in popularity, alluded to by indicators like transaction volume and network hash rate

There is hashrate pointed at DOGE only if it's profitability is artificially increased to point where miners won't go mine some other scrypt coin.
Contrary to that, most people were and will be mining Bitcoin (especially that one), Litecoin and other major coins no matter what so your story
about DOGE having high hashrate due to popularity is provably wrong.

Stop pumping DOGE price and let me know how many miners will stay
mine it after one or few difficulty retargets, once profitability drops way bellow other scrypt coins.

1) What?  Artificial profit?  It's been very real far as I can tell.

2) "Not I," said the fly.

3) I've been mining DOGE due to my perception of its popularity, so in my case that's self-evidently right.

4) I'm mining it right now.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
February 23, 2014, 07:32:12 PM
#16
doge is very popular don't doubt this....  people mention it right after LTC  i hear new people to the scene asking the same things without prompting.....what should i mine LTC or DOGE coin.  doge takes a lot of feeding right now to keep stable or head upwards but the long term looks better than people say.

However if you have a crypto portfolio without  a few million doge.....well that's not a portfolio i would advise having.  It is one of the way better gambles for sure.

Yeah you will see some ups and downs but doge and qrk have motivated communities above other alts. They also have a hardcore support group ...this is what you need to push coins forward.

The thing with crypto is this.... pick the coins whatever they are that you think realistically have a good chance long term .... trade in and out of all coins but always trying top up the stacks of those you think have best long term chances whilst keeping a few of all of them for outside chances.

I would never consider selling off all of my doge or being short doge for any long periods of time.  Selling out low and watching it go out of your price range to buy back in is sickening....even more sickening that not selling and it drops a bit, because you know it can come back. However when coins go up x100 or x1000 you know it is NEVER coming back down because too many people have bought in and will hold rather than losing too much.

Also low minting quality coins with solid devs... anyone of those could skyrocket anytime since it only needs a few whales to decide they want in.  dmd cgb phs etc... does not cost much to buy up a large % of the minting on some of those.

Newer and new coins stand less chance of success but again a really good coin, really fair launch, lots of interest from a good initial distribution model and again another big community can spring up.

Nobody knows what will happen but reseach is key.  
hero member
Activity: 812
Merit: 500
February 23, 2014, 07:17:20 PM
#15
Thats it shibes...

Keep talking about dogecoin.

Dogecoin this, dogecoin that... Keep going.
legendary
Activity: 1288
Merit: 1043
:^)
February 23, 2014, 06:32:00 PM
#14
Ride the wave

That's it. If we all are smart and have balls to say it like it is then it would be "OK folks, it is zero-sum game, the best ones will make the most
money, the worst ones will lose the most money! Consider it a wealth redistribution!" but it can't be like that since some are not smart and some
others are way too smart and play dirty (yes, those are the same ones who are saying to you a dog coin will be the next big thing or whatever,
just keep on holding!).
full member
Activity: 152
Merit: 102
February 23, 2014, 06:22:25 PM
#13
Ride the wave
legendary
Activity: 1288
Merit: 1043
:^)
February 23, 2014, 06:20:06 PM
#12
The same principle would also apply to the super high transaction volume they boast. Its like they are just throwing coins through a blockchain tor-type system.

If you have enough coins to pay transaction fees for long time, you can make any cryptocoin almost stall due to transaction volume, just use
auto-sender to move coins within your own wallet and set it to very high rate. The same goes for exchange volume, set trade BOTs on two or
more accounts to trade between themselves. You'll pay 0.2% or so trade fees to exchange but if your goal is to create an illusion of high volume
(to attract big players) and you invested a lot into coin that should not be a big problem.

Factually, the growth in popularity, alluded to by indicators like transaction volume and network hash rate

There is hashrate pointed at DOGE only if it's profitability is artificially increased to point where miners won't go mine some other scrypt coin.
Contrary to that, most people were and will be mining Bitcoin (especially that one), Litecoin and other major coins no matter what so your story
about DOGE having high hashrate due to popularity is provably wrong. Stop pumping DOGE price and let me know how many miners will stay
mine it after one or few difficulty retargets, once profitability drops way bellow other scrypt coins.
legendary
Activity: 1834
Merit: 1020
February 23, 2014, 06:18:50 PM
#11
Speculatively, Doge's meme marketing strategy reminds me of the Quizno's spongemonkey commercials (which were wildly popular and affiliated with a serious company).

Factually, the growth in popularity, alluded to by indicators like transaction volume and network hash rate, suggest that Doge is arguably the second strongest market to Bitcoin.
newbie
Activity: 41
Merit: 0
February 23, 2014, 06:11:53 PM
#10
The same principle would also apply to the super high transaction volume they boast. Its like they are just throwing coins through a blockchain tor-type system.
hero member
Activity: 686
Merit: 500
February 23, 2014, 06:08:17 PM
#9
i did like dogecoin cause of cute picture
legendary
Activity: 1288
Merit: 1043
:^)
February 23, 2014, 06:04:32 PM
#8
I wasn't following DOGE since start but I read somewhere there were 2 known guys who started it all, rich and / or popular ones I'd say. You
might wanna check early DOGE posts here and early DOGE articles on Internet.

They/he/she may actually be working for the rich man

You would be surprised for how little money one can buy a team of professional spammers and make them post any shits anywhere online.
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