Topic: Why Doge coin is bad - page 55. (Read 171519 times)

Crypto is much more popular this year than it was last year thanks to DOGE.

Much damaging. Such intelligence of OP missed this. Wow.

Such intelligence also missed that we are a point where we no longer need new coins - we just need acceptance of crypto. DOGE much accepeted. Wow.

i actually mined a FTC block a month ago.  what a suprise.  i thought i didn't get nothin

give-me-coins.com 4 life

Many LOLs on the cheerleaders part.
Although I know almost nothing about the technical aspects of scrypt and sha256 coins and all I know is generic stuff, I like the idea behind Doge (for when it comes to promoting a coin, it is where Doge has taught everyone a lesson and a HOWTO and so far has excelled); yet coming to the second and most important part where you suggest to find something unique:
 Which are the most unique and promising coins in the scrypt mining scene? MINTcoin, VERTcoin, something else?
This is a question directed to all the tech-savvy members of this brilliant community.

If you can't beat them,then join them! 

That sounds like good thinking to me.

This whole thing reminds me about FTC, except with even larger block rewards, a strong meme, and even stronger community.

Funny thing is that despite all of that, I see DOGE on a precipice where it's either going to crash extremely hard or provide stable growth until it hits a plateau (whatever happens at that point though is a different story).

If I was a betting man, I'd say in about 3-4 weeks we'll get some type of resolution to this.

in a response to the OP, I dont think it is necessarily bad ... competition is good in a free market, just think how it makes everyone adapt to stay competitive.

I can guarantee litecoiners are starting to get nervous at the quick rise of another scrypt.

It just makes other coins compete better and hopefully everyone benefits.

Peercoin adapted to a POS so it is unique in the crypto space, Quark came out with a CPU coin w/ a multi hash algo changing the space around some more.  

I hold Dogecoin, Litecoin, Bitcoin, and Quark, but am most bullish on Quark ...

+1
This will raise the value of DOGE too !

For more info about official foundation you can go here http://foundation.dogecoin.com/roadmap

There has been talk about setting up a pool that sends all the coins to one wallet that gets sent to the dogecoin foundation account,but i havent heard anything yet. Also i think someone donated to will ferrell's charity cancer for college too. The charity donations alone have helped spread the word of dogecoin to people who have never even heard of crypto currency.

well that is awesome, i didn't know about that since i have been pretty busy lately and have not kept up with the doge community. However that is excellent news.

If doge continues to do things like this it's future is very bright. Also raising money for dog shelters ect... i mean people love dogs and animals too, i think a lot of people unassociated with crypto would come on board if doge set up something like that. I mean the biggest doge pools could easily put fee's up 0.5% and put all that to a doge coin trust for animal or dogie projects.

Well we did get $30k raised for doge4kids which trains dogs service doges for disabled kids.

DOGE - at first i hated, then i bought, now i love.  

Of course it's litecoin with a new name and some new parameters .... deserves nothing but somehow has gone way further than anyone could have imagined. It will now never go away.

If the devs are serious about doge doing some fund raising for animals and such it will only get far far far more popular.

if you not like dogecoin dont buy and mine it!!

but shut up! if you dont like dogecoin!

to the moon!

I see. Sorry for the tone of my post too.

My apologies, perhaps it was less clear than I had thought.
The first 2 paragraphs where directed as a reply to you, after which it was aimed more in the general direction of other arguments presented in the thread.

Nor did I ever mean to infer that you were American, nor that I have anything todo with the Tea Party movement, but simply tried to offer a simile.
A more generic simile would be to ask if people are turning away from political parties dues to the existence of loud, populist, fringe parties taking up much media coverage. To which I believe the answer is a clear no, and would expect similar results for BTC and DogeCoin, though depending on the motives for their interest.

Your listing of "abusive credit card or payment processor fees, centralized control, IMF interventions, etc..." sounded more like a general complaint of the current system, especially with the etc at the end of the sentence, than 3 concrete problems that BTC could solve. But I must admit that I do not see how crypto currency can do anything about IMF interventions without trying to compete directly with the established system.

As for the "LOL" for dogedir, I have to agree and apologize for posting it. I just recalled there being a business directory for DogeCoins,  and didn't do a proper check of it.
A much better resource would be http://www.reddit.com/r/dogecoin/comments/1wthoq/where_can_you_actually_spend_dogecoins/ with http://shopdoge.com/ seeming to offer GPUs (but a very limited selection). Still a rather impressive listing for a coin that has only existed for 2 months.

I hope this clarified what I tried to convey in the previous post.

Hi OP !

What is your real agenda ?
You don't provided any valid and serious reason against DOGE.

If you are interested in BTC from a political standpoint, as an alternative to fiat, why do you care about alt-coins making it look bad? Is the Tea Party driving people away from the Democrats?
Unless BTC can stand on its own merit, despite scam coins, how does it provide an alternative to the current economic system? If it is so fragile that a few thousand teenagers can overpower it, it doesn't seem to have the strength to be able to stand against the established system... Or do you believe that Doge is the established system trying to take down BTC?


As for where you can buy a toy, or many other things with Doge, why not have a look at the Doge Business Directory http://dogedir.com/ ?

It is also interesting to see the people saying that DogeCoins are dead, because there is an "endless supply", but this is then actually something new that DogeCoin brings to the SCRYPT scene. (ZetaCoin does the same for SHA-256) Yes, it isn't capped, but the inflation that will occur is starting at 5% and will steadily decrease until such time that it will not be noticeable. It will still have less inflation than BTC or LTC for some time after it reaches it's "soft cap" in 2015. This also helps to make it something other than a commodity, which any cryptocoin with limited supplies are, and as such probably a better alternative to fiat. (Just see how the gold standard fared in the last century...)


Lastly, the fact that DogeCoin has gotten a fleet of "crazy teenagers" spreading its "gospel" is what gives the coin a proper chance of success, instead of being something for just the technically minded people.
Do you think Facebook where the first of its kind? Google had an alternative that was used by techs way before, but it never took off. (I can't even remember its name despite having had an account there)
Similarly I believe the friendly, if a bit over-enthusiastic, community is the main asset of DogeCoin, and helps differentiate it in the sea of ever expanding altcoins.


EDIT: PS.
To Spoetnik, you say that the community of DogeCoin is only flashmining and bragging about how much money they have. That might be true of some on this board, but the same can be said for all coins, even BTC. But if you look at Reddit, or in the media coverage you so dislike, you will see that it also helped send the Jamaican Bobsleigh team, and an Indian Athlete, to the Olympics this year.