Ninjastic
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Board Altcoin Discussion
Re: Dogecoin STILL has the highest number of ACTIVE ADDRESSES of all the altcoins.
by
thatguy3
on 07/08/2014, 21:39:20 UTC
Quote from: aa on August 07, 2014, 09:06:48 PM
Quote from: thatguy3 on August 07, 2014, 07:30:57 PM
Quote from: aa on August 07, 2014, 07:09:27 PM
I can remove over 15000 DOGE addresses by sending my p2pool payouts to a single address. "Active" addresses doesn't mean shit. It means even less when idiots are tipping five DOGE to each other.

I "removed" over 1500 LTC addresses just a few weeks ago, and I can easily make another 50k LTC addresses by sending 0.001 LTC to 50k different addresses. With 0.001 LTC in each address, they'd likely still have a higher balance than most of those DOGE addresses.

Anyone using the "tons of active addresses means the coin is thriving!" argument has the IQ of what the majority of those addresses have for a balance: about 10.

First off, tipping happens off of the blockchain, so those addresses would not be included in the link to the data I posted.  Your IQ must not be that high if you couldn't realize that.

You made my point against yourself all on your own.

The active addresses does mean something when you make the assumption that there are people like you in every coin.

I'm sure there are others who make and remove tons of addresses for every coin.  Why would you think that you are special?

Great job wasting money on transaction fees by sending 0.001LTC to 50,000 addresses, must be a really high IQ you have....


Here is another one for you to look over: http://bitinfocharts.com/comparison/sentbyaddress-ltc-doge.html#1y

Number of unique addresses sending coins per day.  Still the highest of all altcoins.

I guess it must just be a botnet making addresses and sending coins at a loss of transaction fees every day since Dogecoin's inception?

Dogecoin's tx fees were so low at the beginning (and still are now) that it caused massive bloat in the blockchain (your link proves this). Yes, people were sending extremely worthless tips over the blockchain and paying no fees; you can still send meaningless tips with low to no fee. People still send idiotic tips to each other over the blockchain. Every time one of those moronic tips are sent, a new change address is created with another idiotically small amount of coins in it. I know from experience that most tips on reddit or IRC tip bots are withdrawn within 24 hours, even if it's a meaningless 2 cent tip (like most Dogecoin tips).

You should probably get your head out of your ass.

How do you KNOW the dogetipbot or IRC users withdraw their coins within 24 hours?  Did you just make that up? You talked to 6 people?

What point are you trying to make?  You just told me that people use dogecoin for tipping.  Why does the amount of coins in each transaction bother you so much?

The average transaction value is ~$200 USD. http://bitinfocharts.com/comparison/transactionvalue-doge.html#1y
I would love to know the median and mode though.