41–50 of 149 posts
I think it's ironic that 'Small Numbers' in now #2 with 23 points and 2 comments (well, 3 now). The HN penalty regex isn't fine tuned. Also, ironic, that much of reddit has a financial incentive to promote it. Can I promote real estate and bulletin board stocks if I give it a tech slant?
Instead of talking about $DOGE 700 = $BTC 0.001, why not say $DOGE 700 = m$BTC 1?
This solution would work even if the currency drifted further from the value of the dollar, just start using u$BTC, n$BTC, or k$DOGE etc.
Instead of trying to set the value of each denomination of a currency to a certain amount why don't we use SI prefixes for them? Making very large and small numbers more relatable is what SI prefixes are designed for. Instead of talking about $DOGE 700 = $BTC 0.001, why not say $DOGE 700 = m$BTC 1? This solution would work even if the currency drifted further from the value of the dollar, just start using u$BTC, n$BT…
Instead of trying to set the value of each denomination of a currency to a certain amount why don't we use SI prefixes for them? Making very large and small numbers more relatable is what SI prefixes are designed for. Instead of talking about $DOGE 700 = $BTC 0.001, why not say $DOGE 700 = m$BTC 1? This solution would work even if the currency drifted further from the value of the dollar, just start using u$BTC, n$BT…
It's interesting when you look at 42/BTC/LTC/DOGE. It seems the common denominator is rarity. The less rare, the less value, the more the higher the value. Sounds similar to something. DOGE are the pennies of cryptocurrencies. Just two cents, or two DOGE? I'm not sure anymore.
Earlier quoted context omitted.
Are you talking about the massive transaction that broke the chain and it forked or something else?
i think he's implying that since the large transaction was on an old version of the client, and caused the fork, that the Dogecoin devs are at fault.
Earlier quoted context omitted.
If I am not mistaken, I think there was an emergency release because someone was flooding the blockchain with micro-transactions as an attack on dogecoin and they had to raise the transaction fee/minimum transfer. Either with that or around that time they also had to do a patch to raise the transaction limit. Both issues were hard to anticipate and I guess if you have to cause a fork, at least it happens while the ch…
There was nothing hard to anticipate about the dogecoin fork; literally hours after the commit making it possible was made I heard from Litecoin/Bitcoin developer Warren Togami among others that the Dogecoin devs were idiots who had just set themselves up for a fork. Similarly the micro-transactions flood was something people had predicted would happen well in advance. To outsiders this stuff may seem mysterious and…
What I am realizing is that dogecoin, by virtue of being not so serious, is gaining more developer mindshare who want to experiment and learn. That's what makes it fun, and what gives it potential.
edit: While we are at it, does anyone know how many dogecoins can you expect to mine per kilowatt-hour?
The fascinating thing about DOGECOIN, is the vast majority of the internet judge it purely based on its aesthetic and name. Take away the "DOGE" and it still has one of the most supportive, charitable, and active communities. All three of those are important to have a successful currency because that community grows. People call it a joke or parody purely based on its name, and don't have the mental fortitude to thin…
we are much more likely to trust a group that doesn't try to pretend it is "serious" because we see those people as untrustworthy.
Earlier quoted context omitted.
"The idea such a thing as bitcoin, from an anonymous dev, somehow reaching $1,000 each is "absurd"" That's not absurd at all. Might be absurd to you if you are absurd though or not good at Math, like lots of other humans apparently are.
Heh, okay. So I take it you're a millionaire because when you first heard of bitcoin you were like "That's a great idea!!!" and minded/purchased millions of them. Or if you missed that train, you got onboard Litecoin when it was less than $5... or Namecoin when it was less than a dollar but shot up to $15 during November 2013....
Litecoin wasn't a great idea, just a copycoin. It wasn't even innovative on the scrypt part, they just copied Tenebrix and changed the branding. So it's the same crap as Dogecoin.
Namecoin is a great idea, and we definitely need to decentralize the web, but I don't see it taking off soon.
Whether a copycoin's price goes up a lot or not does not tell us anything about whether it was a great idea or not. You seem confused on that part.