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-   -   Dogecoin and the Cryptocurrency Craze (https://gfy.com/showthread.php?t=1129261)

HugeWood 12-20-2013 08:28 PM

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

dyna mo 12-20-2013 08:32 PM

bitcoin is sooooooooo 2013.

DBS.US 12-20-2013 08:37 PM

We should start PornoBucks online currency for buying online porn:winkwink:

HugeWood 12-20-2013 08:40 PM

Quote:

Originally Posted by DBS.US (Post 19917647)
We should start PornoBucks online currency for buying online porn:winkwink:

WoodCoin :thumbsup

hugedomains.com/domain_profile.cfm?d=woodcoin&e=com

edgeprod 12-20-2013 08:46 PM

LOL ... My DOGE went up 300%, I sold it, it crashed down, and I bought it again. Love it!!

AllAboutCams 12-20-2013 08:57 PM

you should be buying a little of them all and the dip before xmas is the perfect time

PornDiscounts-V 12-20-2013 11:46 PM

Xnxx coin. Don't ask them if you can use the name either. Fuck em.

BlackCrayon 12-21-2013 05:40 AM

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'?

lucas131 12-21-2013 05:47 AM

lol all the fake stupid coins, everyone will end up as idiotcoin

lucas131 12-21-2013 05:48 AM

btw i have seen a guy from slovakia in tv buing a baguette with bitcoins ... wooooow what a pimp! :1orglaugh

lyno 12-21-2013 05:56 AM

Quote:

Originally Posted by DBS.US (Post 19917647)
We should start PornoBucks online currency for buying online porn:winkwink:

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.


.

DWB 12-21-2013 05:56 AM

Much wealth soon.

PornDude 12-21-2013 05:56 AM

http://media.coindesk.com/2013/12/digging-dogecoin.png

JFK 12-21-2013 06:18 AM

Quote:

Originally Posted by DWB (Post 19917891)
Much wealth soon.

The world is your oyster, er doge :winkwink:

adultmobile 12-21-2013 07:15 AM

http://i.imgur.com/ggkuz3S.gif

PinkBitz 12-21-2013 08:19 AM

None of this makes any sense to me, just some stupid craze that will be forgotten soon.

dyna mo 12-21-2013 08:26 AM

such growth

Paul 12-21-2013 08:37 AM

Quote:

Originally Posted by BlackCrayon (Post 19917884)
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 :)

PornDude 12-21-2013 09:41 AM

https://images.weserv.nl/?url=ssl:fb...9830_n.jpg&fnr

lavajumper 12-23-2013 01:02 PM

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

Magnetron 12-23-2013 01:13 PM

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.

AdultKing 12-23-2013 01:21 PM

Quote:

Originally Posted by Magnetron (Post 19920460)
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?

:2 cents: It's called dilution.

slapass 12-23-2013 01:25 PM

Some coins have already died. And new coins only get good traction if they have a better mousetrap.


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