My advice to everyone: if an altcoin pops up, mine it for a day or two. Place the funds in a private wallet. Backup the wallet on a USB key and two hard drives. Do not access it for 2-3 years. Early on, farming a block takes no effort at all. Later on, if the altcoin succeeds, you hit a random lotto. Otherwise, you have a few encrypted wallets and probably wasted 15 minutes setting up the miner per altcoin. Be wary of the altcoins.
I'm honestly very interested by Dogecoin, the community enthusiasm and positivity seems to be it's wildcard. But I find the lexicon "so wow! to the moon!" et. al. just terribly grating. It honestly impacts my willingness to dive into the space.
Does it include information on the market manipulation?<p><a href="https://news.ycombinator.com/item?id=7126153" rel="nofollow">https://news.ycombinator.com/item?id=7126153</a>
Nice, I just started looking into Dogecoin a few days ago. It's been two days now and my wallet is still doing its first sync (about 70%). I also set up a BitCoin wallet and it looks like that'll take weeks to sync. Is this a problem people starting crypto currencies are thinking about? Is it solvable or just how they work?
Perhaps it's not the right thread to ask this, but:<p>What stops e.g. Pixar from opening up Pixarcoin where they let the community render their next movie? Am I missing something here?
I'm skeptical of some of the hype around Dogecoin. The various stats sites are currently showing <i>hundreds of millions of dollars worth</i> of Dogecoin transactions every day (<a href="http://bitinfocharts.com/comparison/sentinusd-doge.html" rel="nofollow">http://bitinfocharts.com/comparison/sentinusd-doge.html</a>). These are trivial to manipulate by sending transactions to yourself.<p>Where are all these transactions happening? Am I just out of the loop?
I'm also building a DOGE/USD (and other currencies) exchange, <a href="http://doges.org/index.php?topic=4435.0" rel="nofollow">http://doges.org/index.php?topic=4435.0</a> It's tough work doing it legitimately since so far most banks have turned their nose up at my business, but I'll get there.
At the risk of sounding like a hypocrite (I own some bitcoins and have upvoted some bitcoin threads here), I am getting tired of seeing dogecoin threads. They don't seem to contain very novel or insightful information. Also, how long can the doge meme honestly keep people interested in the currency?
Regarding: "Since the wallet requires an internet connect, if you have a firewall you must allow the program access. Make sure the boxes are checked, then allow access if prompted."
<a href="http://howtodogecoin.com/images/wallet/windows/win-firewall.png" rel="nofollow">http://howtodogecoin.com/images/wallet/windows/win-firewall....</a><p>I don't think you should be allowing the Doge Client to run in public networks. Am I wrong?
Such tutorial. very wow. <--- imagine this in Comic Sans<p>How dissimilar is the process for converting dogecoin to normal-people money? (I have no interest in Bitcoin except as a necessary stepping stone.) If very different, could you make a page for this?
Where's that tutorial page on how to buy such an island & yatch with much millions you'll mint from Dogecoins. Wow, very missed.<p>But in all seriousness, good effort for newcomers.
I just signed up ad still don't get it? I think it has something to do with communicating via email? I know
one guy who spent 50 plus house setting up a "developers"
site--just shut it down because of Hackers.<p>I think I go pan for gold, but won't dredge because of fish
eggs. Or, apply to McDonalds? Or, boom? No, I'll go back
to my f--ng website.