$$$ ITT Dogecoin (ceo10k/day)(guide/pics) GTFIH $$$

[Brosevski]

DSTeWdywyuX7fGP7yC6poM4wfeBikGL4p6

thank you!

[Kabananga]

Another question, how easy is it to liquidate these coins? I heard a big problem with BTC and another cryptocurrencies is that they're hard to liquidate.

Check traded volume per 24h. The higher the volume, the more liquid the coin.
http://coinmarketcap.com/

[Rectify]

Will rep answers to these questions...also IN!

My wallet: DLpWxdHn3xk3sRXJeTfGCacaDvVevDQGdp

Will try, might be a little wrong on some points but i think i know my stuff fairly well after a few months of researching this stuff.

1. You already have a wallet, why are you asking? ... you just download the QT wallet for whichever coin you want, and that's your wallet. On Windows the files is stored in "%appdata%\Dogecoin\wallet.dat". Your first receive address is made for you, and you can make more, but you should re-backup your wallet whenever you create new addresses, because the file changes (afaik).

2. Download KeePass and use it to auto-generate and store the wallet passwords, then just backup the wallet.dat file (after changing the password and closing the software) to a USB stick or something. That way i think the only way to get 'hacked' would be if someone had your KeePass database, the password to it, plus your wallet.dat file. Pretty secure. Exchanges and pool sites are another thing, they're only as secure as they're made to be, so they can sometimes be exploited, so it's nice to store anything you're not actively trading with in your offline wallet.

3. It inflates based on the community behind it. DOGE has done a lot to get media attention, this inflates the price, as does people actively trading it and generating interest in it so that more people join the party (like OP has by making this thread).

4. I believe the dev can make some changes if they're needed, say if the coin is going to be overmined or something, but they generally don't. And i don't think they can make any kind of change that could really alter the market reaction to the coin. The coins can't be regulated though, that's the point of BTC/altcoins.

5. Anyone can do it, there's lots of ****-coins out there. The occasionally gem comes along and if you mine/buy some of that in it's infancy, you can suddenly be on CEO-time overnight in some cases. Gotta get lucky for that of course.

[Sounds Good]

in4later

[Slurgie]

Check traded volume per 24h. The higher the volume, the more liquid the coin.
http://coinmarketcap.com/

That's traded though as in traded for other cryptocurrencies no? I'm talking about liquidated into physical $$ usd, euros, etc.

[GilDeg]

Hey buddy here is my acct number

DPEfjbiBEWn1Gxd5uvnfdAW19kU98Ax789

will rep you on recharge

[24Seven]

In to tip doge to miscers later.

[Kabananga]

That's traded though as in traded for other cryptocurrencies no? I'm talking about liquidated into physical $$ usd, euros, etc.

Doge is now being used as main coin as well, instead of trading every other alt coin to BTC or LTC, you can now also trade to DOGE on a couple of exchanges.

Doge ATMs are being built, but keep in mind that DOGE has only been out less than 2 months. In the near future you will be able to trade DOGE for cash though. (or sell/buy on r/dogemarket. Prices here are 10% over market though

[byukid]

Doge has the potential to be a lot more mainstream than BTC. Bitcoin still has the stigma of drugs and cp behind it, plus for a lot of people buying 1 whole btc is pretty intimidating, but when they learn they can buy 1000s of DOGE for a ten spot, it becomes more interesting. I have tipped (on reddit) away a lot of doge, donated to the jamaican bobsled team, and lots of other causes.

DLmvAQ1SCaTBxdEapa4Nti96e9yxwiDyAL

If you send me a small amount of doge I'll send some more back. I don't have a ton yet, but I'm getting there. I want to have 1M Doge eventually.

[Slurgie]

Doge has the potential to be a lot more mainstream than BTC. Bitcoin still has the stigma of drugs and cp behind it, plus for a lot of people buying 1 whole btc is pretty intimidating, but when they learn they can buy 1000s of DOGE for a ten spot, it becomes more interesting. I have tipped (on reddit) away a lot of doge, donated to the jamaican bobsled team, and lots of other causes.

DLmvAQ1SCaTBxdEapa4Nti96e9yxwiDyAL

If you send me a small amount of doge I'll send some more back. I don't have a ton yet, but I'm getting there. I want to have 1M Doge eventually.

Making donations/funding stuff in the media(television) spotlight seems like a pretty good marketing strategy to me. I could see this blowing up as bigger news outlets start reporting on it.

[byukid]

Making donations/funding stuff in the media(television) spotlight seems like a pretty good marketing strategy to me.

I think so too, the big initial drive for DOGE came from that sort of publicity. There's now tip bots on imgur, reddit, twitter, and one coming to ******** soon.


Sent some DOGE to a few people ITT.

[ArtexV]

DB2GMxexqVbgu2NXxkwAqkFStDC7sNXLkm

in! thank you

[patzyy]

Holder of 200k doges checking in. Hope this will get me rich

[ILoveTrance]

I think so too, the big initial drive for DOGE came from that sort of publicity. There's now tip bots on imgur, reddit, twitter, and one coming to ******** soon.


Sent some DOGE to a few people ITT.

Hey

DSKaeU8KRn75GH93sc7gmca59WT83Ph8Rj

[jj00ee]

mined 6,000,000 DOGE in 24 hours crew

[byukid]

mined 6,000,000 DOGE in 24 hours crew

DLmvAQ1SCaTBxdEapa4Nti96e9yxwiDyAL

pls respond jj00ee

[Mattash2g]

we reddit now?

[Rectify]

mined 6,000,000 DOGE in 24 hours crew

Were you in on the first day with some mega-rig? If not then explain... or bullchit.

[jj00ee]

Were you in on the first day with some mega-rig? If not then explain... or bullchit.

~3MH/s on day 2. difficulty was 6 or something.

mfw i sold 2.7m for .3 BTC early on...

ended up paying for 2 new rigs with DOGE though, could be worse

[Rectify]

Damn bro, sucks when you sell too early... seriously mirin though still. Repped.

Hoping to get in on a new coin early next time, working a bit on FRY right now.

[Slurgie]

Can someone send me 100? Wanna mess around w/ them in my wallet 'till I figure out how to buy them w/ cash. Also wanna see if the transfer thing works/my wallet set up right.

DLpWxdHn3xk3sRXJeTfGCacaDvVevDQGdp

[Oehre]

Gief Doegcoins DLcxw4RYqq7vpFqsBBXRwpyq3cPY6EPcnv

[Zmek]

how does the mining work? pretty sure it aint the faucets thats giving 1 doge coin per day

[CGDuke]

DS2wHQbVHv9gUmXX29ksLYsXDGZXoGDPcn

[heardme]

DQBFGqYxdeZ8kDr2An77qQzMKYKC7fQQ31

I'm in like Flynn!

[Rectify]

how does the mining work? pretty sure it aint the faucets thats giving 1 doge coin per day

1. Make account at a mining pool. (Wouldn't mine solo unless you have a huge set of rigs or the coin is brand new)
2. Build a rig with nice GPUs.
3. Set up cgminer on your rig, point to your pool "worker" addresses.
4. Watch the coins roll in.


I had a 3 card rig, tried upgrading to 6 but the board was being a pain in the ass, so i got a couple more boards to test. Ended up settling for now on 2 x 3 GPU rigs, will up them to 4/5 cards each later this month. The current setup gets me 5-5.1MH, so not too shabby. I keep it outside in a canvas housing (too noisy for the house) with some poverty ventilation i made from computer fans, runs pretty cool temps, lol.



'mirin shoe-rack?

[Zmek]

1. Make account at a mining pool. (Wouldn't mine solo unless you have a huge set of rigs or the coin is brand new)
2. Build a rig with nice GPUs.
3. Set up cgminer on your rig, point to your pool "worker" addresses.
4. Watch the coins roll in.


I had a 3 card rig, tried upgrading to 6 but the board was being a pain in the ass, so i got a couple more boards to test. Ended up settling for now on 2 x 3 GPU rigs, will up them to 4/5 cards each later this month. The current setup gets me 5-5.1MH, so not too shabby. I keep it outside in a canvas housing (too noisy for the house) with some poverty ventilation i made from computer fans, runs pretty cool temps, lol.



'mirin shoe-rack?

what the fuk, MIRIN hard
so I guess its pretty useless to mine on a normal computer? or if you even can do that

[cadetduke]

I'm in, have a total of 2.76 DOGE rofl....

D9f3P9wP4Ub9f4U15jHBgiDRXA7LW8LCyw

Bad choices cost me 1.65 BTC several months ago so trying to get back in now.

[Rectify]

what the fuk, MIRIN hard
so I guess its pretty useless to mine on a normal computer? or if you even can do that

You can, and lots of people do, but you won't earn much. You can increase it by trading between coins though and eventually you could snowball your worth up. If you don't want to build and maintain a rig though, you could just buy some coins off one of the exchanges.

A buddy of mine invested $250 in DOGE and now has around 10x that. Also spent about $2000 2 months ago on BTC trades and it's worth $6000+ now. The prices fluctuate a lot, so that could half or double any day if something happens in the market. Dont' put in more cash than you can afford to lose.

[slzr1]

In on Dogecoin!
D82RgqaQKUGXf6EoKzWAu3vxfLVvsBkRxU

Would you guys recommend buying now or waiting until the price drops?