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Dogecoin 50% gain only alt coin to post gains in 24 hours. >reddit and 4chan Well looks like the internet has decided what coin they want to use. Buttcoins

by dlsx 13y ago

Dogecoin 50% gain only alt coin to post gains in 24 hours. >reddit and 4chan Well looks like the internet has decided what coin they want to use. Buttcoins are deprecated.

vezzy-fnord 13y ago
I'm still shocked how a dumb meme-based altcoin gained so much popularity, where all other just as boring and generic Bitcoin forks died down or are completely insignificant. To their credit though, they based it off of Litecoin... making it a fork of a fork. Either I have no sense of humor, or we aren't going to be seeing October 1993 any time soon. Can't wait for "Latvian Potato Coin" to appear in the future.
- thenmar 13y ago
  wow such cynic very not-with-the-times
  - deleted 13y ago
    [deleted]
  - EStudley 13y ago
    If I wanted these kinds of comments I'd go to reddit.. Keep memes off this site please, it's one of the last public forums on the internet without them.
    - asciimo 13y ago
      This is one of the very rare HN contexts in which a comment like that is spot-on.
- dlsx 13y ago
  Your shocked because your old and have no sense of humor and think money is serious business. Dogecoin has the fastest rate of adoption, of any crypto-currency. Ever, period. It makes every coin, even bitcoin look like an absolute failure. Because it's fun, and kids think it's cool. You guys missed the boat, because you were too busy being serious.
  - dragonwriter 13y ago
    > Because it's fun, and kids think it's cool. Well, that's a good way to drive fast adoption -- and equally fast abandonment.
  - EStudley 13y ago
    Money isn't serious?! I knew crypto-currencies were popular in the higher social strata but COME ON.. how is money not serious?
  - wmf 13y ago
    Can I buy Snapchat shares using Dogecoin? Then I could hedge on which one will collapse first.
  - NotUncivil 13y ago
    Cut it out. You are trolling. Your reference to "buttcoins" is a good indicator you're from /g/ and this isn't /g/. Edit: FYI, http://rbt.asia/g/?task=search2&ghost=yes&search_text=dogecoin&search_op=op&search_del=dontcare&search_int=dontcare&search_ord=new&search_capcode=all&search_res=post http://rbt.asia/g/?task=search2&ghost=yes&search_text=dogeco....
- GhotiFish 13y ago
  it's fuelled entirely by reddit as a joke. Reddit has a way of tipping people with bitcoins for posts /u/bitcoinbot 0.015BTC verify people saw these public tips, kind of an alternative to reddit gold, so it entered the consciousness of the community. dogechain was born because, more or less, it was pretty funny to drop this on someone: /u/dogecoinbot 3000 doge verify dogecoinbot: Verified. Sort of playing on the hopes of redditors to get rewarded for a post (ala reddit silver) It's a pretty cute joke. Lots of people started following the leader and bang. Demand.
- fennecfoxen 13y ago
  > I'm still shocked how a dumb meme-based altcoin gained so much popularity Clearly you are unfamiliar with the basic properties of Internet memes. :P
  - vezzy-fnord 13y ago
    Obviously they spread. I guess my use of "meme" was a bit too broad, I meant image macro, specifically. They used to be humorous, but they're now so overdone and generic that they simply hurt to look at. It's like a fast food five second dose of "comedy", which I guess is fitting for our present fast food society. Now that I think about it, that statement was asinine. I'm quite familiar with 4chan, Something Awful and Reddit. Never underestimate the stupidity of a general community. But sometimes, I just wish people would take the time to watch a 64k demo instead of a YouTube celebrity video.
- steveklabnik 13y ago
  It's actually a fork of a fork of a fork, it's a fork of Luckycoin, which is a fork of Litecoin, which is a fork of Bitcoin.
oscilloscope 13y ago
Dogecoin is about 10 days old. The currency is based on the popular doge meme and will have max 100 billion units. It uses scrypt and has a random block reward. http://dogecoin.com/ http://dogecoin.com/ Price history on CoinedUp: http://doge.yottabyte.nu/ http://doge.yottabyte.nu/ Dogecoin has a surprising momentum to it. I'm curious what role it will play once the initial novelty wears off. There are many more Doge than Bitcoin or Litecoin, so a single Doge will never be unattainable. It has a long way to go to even reach parity with the penny.
- Houshalter 13y ago
  The amount of currency doesn't really matter. We can always trade in kilodoges or something. It's interesting though, how it's pretty much an exact clone of bitcoin yet has such a different value. The value doesn't come from the thing itself, it's how many people are using it. Dogecoins do have some minor value though as there is a subreddit of people willing to perform petty tasks in exchange for them.

by dlsx 13y ago

Dogecoin 50% gain only alt coin to post gains in 24 hours. >reddit and 4chan Well looks like the internet has decided what coin they want to use. Buttcoins are deprecated.

vezzy-fnord 13y ago

I'm still shocked how a dumb meme-based altcoin gained so much popularity, where all other just as boring and generic Bitcoin forks died down or are completely insignificant. To their credit though, they based it off of Litecoin... making it a fork of a fork. Either I have no sense of humor, or we aren't going to be seeing October 1993 any time soon. Can't wait for "Latvian Potato Coin" to appear in the future.

thenmar 13y ago
wow such cynic very not-with-the-times
- deleted 13y ago
  [deleted]
- EStudley 13y ago
  If I wanted these kinds of comments I'd go to reddit.. Keep memes off this site please, it's one of the last public forums on the internet without them.
  - asciimo 13y ago
    This is one of the very rare HN contexts in which a comment like that is spot-on.
dlsx 13y ago
Your shocked because your old and have no sense of humor and think money is serious business. Dogecoin has the fastest rate of adoption, of any crypto-currency. Ever, period. It makes every coin, even bitcoin look like an absolute failure. Because it's fun, and kids think it's cool. You guys missed the boat, because you were too busy being serious.
- dragonwriter 13y ago
  > Because it's fun, and kids think it's cool. Well, that's a good way to drive fast adoption -- and equally fast abandonment.
- EStudley 13y ago
  Money isn't serious?! I knew crypto-currencies were popular in the higher social strata but COME ON.. how is money not serious?
- wmf 13y ago
  Can I buy Snapchat shares using Dogecoin? Then I could hedge on which one will collapse first.
- NotUncivil 13y ago
  Cut it out. You are trolling. Your reference to "buttcoins" is a good indicator you're from /g/ and this isn't /g/. Edit: FYI, http://rbt.asia/g/?task=search2&ghost=yes&search_text=dogecoin&search_op=op&search_del=dontcare&search_int=dontcare&search_ord=new&search_capcode=all&search_res=post http://rbt.asia/g/?task=search2&ghost=yes&search_text=dogeco....
GhotiFish 13y ago
it's fuelled entirely by reddit as a joke. Reddit has a way of tipping people with bitcoins for posts /u/bitcoinbot 0.015BTC verify people saw these public tips, kind of an alternative to reddit gold, so it entered the consciousness of the community. dogechain was born because, more or less, it was pretty funny to drop this on someone: /u/dogecoinbot 3000 doge verify dogecoinbot: Verified. Sort of playing on the hopes of redditors to get rewarded for a post (ala reddit silver) It's a pretty cute joke. Lots of people started following the leader and bang. Demand.
fennecfoxen 13y ago
> I'm still shocked how a dumb meme-based altcoin gained so much popularity Clearly you are unfamiliar with the basic properties of Internet memes. :P
- vezzy-fnord 13y ago
  Obviously they spread. I guess my use of "meme" was a bit too broad, I meant image macro, specifically. They used to be humorous, but they're now so overdone and generic that they simply hurt to look at. It's like a fast food five second dose of "comedy", which I guess is fitting for our present fast food society. Now that I think about it, that statement was asinine. I'm quite familiar with 4chan, Something Awful and Reddit. Never underestimate the stupidity of a general community. But sometimes, I just wish people would take the time to watch a 64k demo instead of a YouTube celebrity video.
steveklabnik 13y ago
It's actually a fork of a fork of a fork, it's a fork of Luckycoin, which is a fork of Litecoin, which is a fork of Bitcoin.

oscilloscope 13y ago

Dogecoin is about 10 days old. The currency is based on the popular doge meme and will have max 100 billion units. It uses scrypt and has a random block reward. http://dogecoin.com/ http://dogecoin.com/ Price history on CoinedUp: http://doge.yottabyte.nu/ http://doge.yottabyte.nu/ Dogecoin has a surprising momentum to it. I'm curious what role it will play once the initial novelty wears off. There are many more Doge than Bitcoin or Litecoin, so a single Doge will never be unattainable. It has a long way to go to even reach parity with the penny.

Houshalter 13y ago
The amount of currency doesn't really matter. We can always trade in kilodoges or something. It's interesting though, how it's pretty much an exact clone of bitcoin yet has such a different value. The value doesn't come from the thing itself, it's how many people are using it. Dogecoins do have some minor value though as there is a subreddit of people willing to perform petty tasks in exchange for them.