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Old 12-20-2013, 08:28 PM   #1
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Dogecoin and the Cryptocurrency Craze

Nice little article from VICE that concludes "...buying a few Dogecoins might not be as stupid as it seems."

Dogecoin Brings the Cryptocurrency Craze to Its Logical Conclusion

I don?t know what Bitcoin will end up being. It could be a currency or a commodity, a fad or a revolution, the future of money or a total waste of money. What I do know is that Dogecoin could be just the same, now that it's joined a countless legion of so-called ?altcoins? in the wake of Bitcoin?s skyrocketing price.

Yup, it?s the first digital currency based on an internet meme?not just any internet meme, mind you, but the 2013 meme of the year. Very currency. Such crypto. Wow.

Sorry for that, but it?s also kind of the point. ?Is this supposed to be retarded on purpose?? wondered a confused onlooker on the BitcoinTalk forums. If Bitcoin is a compelling concept, Dogecoin is totally stupid. Even so, it's still proving successful in the midst of the cryptocurrency craze. In just 24 hours, the mining difficulty for Dogecoins increased thirty levels, according to one impressed, self-described fanboy. That means a whole lot of people are trying to mine their own Dogecoins. Believe it or not, Dogecoin has gone viral.

Continued at motherboard.vice.com/blog/dogecoin-brings-the-cryptocurrency-craze-to-its-logical-conclusion
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Old 12-20-2013, 08:32 PM   #2
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bitcoin is sooooooooo 2013.
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Old 12-20-2013, 08:37 PM   #3
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We should start PornoBucks online currency for buying online porn
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Old 12-20-2013, 08:40 PM   #4
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We should start PornoBucks online currency for buying online porn
WoodCoin

hugedomains.com/domain_profile.cfm?d=woodcoin&e=com
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Old 12-20-2013, 08:46 PM   #5
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LOL ... My DOGE went up 300%, I sold it, it crashed down, and I bought it again. Love it!!
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Old 12-20-2013, 08:57 PM   #6
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you should be buying a little of them all and the dip before xmas is the perfect time
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Old 12-20-2013, 11:46 PM   #7
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Xnxx coin. Don't ask them if you can use the name either. Fuck em.
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Old 12-21-2013, 05:40 AM   #8
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all this creating and buying and sell of 'coins' is getting bizarre.


edgeprod: enjoy it while it lasts. i'd do it myself but you must be constantly watching the prices all day long? how much do you really make buying and sellng these 'altcoins'?
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Old 12-21-2013, 05:47 AM   #9
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lol all the fake stupid coins, everyone will end up as idiotcoin
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Old 12-21-2013, 05:48 AM   #10
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btw i have seen a guy from slovakia in tv buing a baguette with bitcoins ... wooooow what a pimp!
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Old 12-21-2013, 05:56 AM   #11
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We should start PornoBucks online currency for buying online porn
There already is Sexcoin (alive and growing) and Porncoin (zombified). Pornobucks sounds kind of nice but to much like the name of a affiliate program. Not to mention that it would be kind of troublesome (very troublesome) to get something with "porn" in its name on a exchange. Even "sex" seems to be a big problem.


.
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Old 12-21-2013, 05:56 AM   #12
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Much wealth soon.
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Old 12-21-2013, 05:56 AM   #13
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Old 12-21-2013, 06:18 AM   #14
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Much wealth soon.
The world is your oyster, er doge
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Old 12-21-2013, 07:15 AM   #15
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Old 12-21-2013, 08:19 AM   #16
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None of this makes any sense to me, just some stupid craze that will be forgotten soon.
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Old 12-21-2013, 08:26 AM   #17
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such growth
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Old 12-21-2013, 08:37 AM   #18
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all this creating and buying and sell of 'coins' is getting bizarre.


edgeprod: enjoy it while it lasts. i'd do it myself but you must be constantly watching the prices all day long? how much do you really make buying and sellng these 'altcoins'?
Quark Coin & Zeta Coin rose 2000% before they hit the trading exchanges, so quite a lot if you get your timing right
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Old 12-21-2013, 09:41 AM   #19
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Old 12-23-2013, 01:02 PM   #20
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Crypto just for the adult business

I'm new here, but Sexcoin is targeted at the adult businesses. Like bitcoin, its got no chargebacks, a good amount of anonymity, but the best thing about it right now is the short confirm times. If you don't want to fuck around with building your own carts, coinpayments.net can handle the crypto easily.

Disclaimer: I'm one of the Dev's.

Disclaimer because: We are currently working on features that will definitely differentiate sexcoin from bitcoin. Let me know what kind of things you would need to accept crypto, and I'll bet, if its technically possible, they will end up being folded into the clients
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Old 12-23-2013, 01:13 PM   #21
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Isn't the value of each cryptocurrency doomed to drop as more and more new currencies are created? The more people jumping on the bandwagon, the more likely the wagon tips over?

I imagine that in a few years, it will all become like Multi Level Marketing ...... only the creators and people who get in on the ground floor will profit from convincing others to convince others to convince others to mine.
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Old 12-23-2013, 01:21 PM   #22
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Isn't the value of each cryptocurrency doomed to drop as more and more new currencies are created? The more people jumping on the bandwagon, the more likely the wagon tips over?
It's called dilution.
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Old 12-23-2013, 01:25 PM   #23
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Some coins have already died. And new coins only get good traction if they have a better mousetrap.
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