How do they actually go about converting Dogecoin to Dollars? Evertyhing I've read and heard about Dogecoin is that it's kind of a novelty thing, so are there actually people out there who are paying to convert dollars to doge?
Most Expensive Tweet Ever Sends $11,000 To Kenyan Water Charity Via Dogecoin
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Re: Most Expensive Tweet Ever Sends $11,000 To Kenyan Water Charity Via Dogecoin
#12Since Forbes insists on putting an ad wall in front of their content, here's the full text of the article without ads: Dogecoin – Bitcoin’s goofy little brother – has just made history. A member of the Dogecoin community donated 14 million Dogecoins (worth about US$11,000 on the exchanges) to a charity with one single message on Twitter. That tweet, to an automated Twitter-bot, is the most money ever donated or sent…
what exactly is wrong with using Adblock?
Re: Most Expensive Tweet Ever Sends $11,000 To Kenyan Water Charity Via Dogecoin
#13How do they actually go about converting Dogecoin to Dollars? Evertyhing I've read and heard about Dogecoin is that it's kind of a novelty thing, so are there actually people out there who are paying to convert dollars to doge?
IIRC there's a couple of exchanges that do DOGE->USD.. but you can also do DOGE->BTC->USD.
Re: Most Expensive Tweet Ever Sends $11,000 To Kenyan Water Charity Via Dogecoin
#14Is it true that Dogecoin's value is kept artificially low?
Yes, the 100 Billion cap plays a huge role here.
With so many Dogecoins flooding the market, it is likely that Doge will remain near worthless forever. Which means it will always be an easy coin to experiment with.
Re: Most Expensive Tweet Ever Sends $11,000 To Kenyan Water Charity Via Dogecoin
#15How do they actually go about converting Dogecoin to Dollars? Evertyhing I've read and heard about Dogecoin is that it's kind of a novelty thing, so are there actually people out there who are paying to convert dollars to doge?
There's a growing list of exchanges where you can do this
Re: Most Expensive Tweet Ever Sends $11,000 To Kenyan Water Charity Via Dogecoin
#16How do they actually go about converting Dogecoin to Dollars? Evertyhing I've read and heard about Dogecoin is that it's kind of a novelty thing, so are there actually people out there who are paying to convert dollars to doge?
There's a growing list of exchanges where you can do this https://www.kraken.com https://www.anxpro.com https://www.vaultofsatoshi.com https://www.coinmkt.com
Can any of these sites actually realize that in actual USD in a reasonable timeframe? How much time and effort and waiting does it take to see $11k in their hands? Or do they have to do transactions of $100/max once per week with a waiting time of 10 days each?
Re: Most Expensive Tweet Ever Sends $11,000 To Kenyan Water Charity Via Dogecoin
#17Since Forbes insists on putting an ad wall in front of their content, here's the full text of the article without ads: Dogecoin – Bitcoin’s goofy little brother – has just made history. A member of the Dogecoin community donated 14 million Dogecoins (worth about US$11,000 on the exchanges) to a charity with one single message on Twitter. That tweet, to an automated Twitter-bot, is the most money ever donated or sent…
what exactly is wrong with using Adblock?
Doesnt work on the Forbes interstitial, simple as that. Same for adf.ly and other such crapsites. ABP doesnt show the ads but cannot redirect the crapsite.
Re: Most Expensive Tweet Ever Sends $11,000 To Kenyan Water Charity Via Dogecoin
#18Since Forbes insists on putting an ad wall in front of their content, here's the full text of the article without ads: Dogecoin – Bitcoin’s goofy little brother – has just made history. A member of the Dogecoin community donated 14 million Dogecoins (worth about US$11,000 on the exchanges) to a charity with one single message on Twitter. That tweet, to an automated Twitter-bot, is the most money ever donated or sent…
what exactly is wrong with using Adblock?
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Re: Most Expensive Tweet Ever Sends $11,000 To Kenyan Water Charity Via Dogecoin
#19Earlier quoted context omitted.
what exactly is wrong with using Adblock?
Doesnt work on the Forbes interstitial, simple as that. Same for adf.ly and other such crapsites. ABP doesnt show the ads but cannot redirect the crapsite.
I just click the link at the top to skip the blank (with adblock) page with the Quote Of The Day...
Re: Most Expensive Tweet Ever Sends $11,000 To Kenyan Water Charity Via Dogecoin
#20As a Keynesian I love that Dogecoin is the first (that I know of) crypto currency that isn't deflationary. I do wish there was a way to make the things other than mining though. I hate "mining". Such a waste of resources.