Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.8 Required Update
by
rnicoll
on 27/08/2014, 23:02:52 UTC
You do realize there are now over 600 crypto currencies and next year we'll have thousands, many with multi million dollar budgets and celebrity endorsements, while Doge has absolutely ZERO technological competitive advantages and is not even a secure coin (the very definition of a ShitCoin) which is the primary reason it has to merge mined with LTC and I predict that even with that addition of hash power it will still be hacked and forked cause it truly is an unsecured ShitCoin.

Yes, there are over 600, and we're 7th, and we've been in the 7th-9th range since we stopped being pumped and dumped.

On security; come back when you have anything based on facts. Dogecoin is merged-mining because being in conflict with another coin for hash rate (and this goes for ANY coin pair) is unsustainable. You only have to look at http://liteshack.com/ to see how each algorithm has a lead coin, a second that might be safe, and nothing else in the same league.

So then, looking at the big picture, it is a miracle for any such currency to reach $1 billion and the only reason doge may reach that is because it was launched and is secretly ran by a hedge fund, something I clearly stated multiple times last year.  If that were not the case, doge right now would be valued at 1 litoshi.

I should probably take that as a compliment. I will state core Doge development is currently funded only in as far as https://chain.so/address/devfund takes us.