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Malcolm Tucker

Dogecoin

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Malcolm Tucker

Following the rise of other crypto-currency like Bitcoin, Dogecoin is the newest one to come out.

 

http://en.wikipedia.org/wiki/Dogecoin

 

Stuck a 10er into it, could be worth it, might not.

 

My mate put in the same amount yesterday and it's already doubled, so worth a pop I reckon.

 

 

dogecoin-proves-its-worth-generosity-kindness.jpg?w=500&h=296&l=50&t=40

 

"Dogecoin, the meme-based cryptocurrency, continues its inexorable rise "to the moon" becoming the third most valuable cryptocurrency in the world after a Chinese exchange began trading the coins for yuan.

 

 

Dogecoin is just two months old, yet in that time the cryptocurrency which started out life as something of a joke rose to briefly become the world's third most valuable (mineable) cryptocurrency - rising some $40 million (?24.2m) in value in the last 48 hours alone to over $90m.

 

At the time of publication dogecoin had slipped back below peercoin in terms of overall value, but considering dogecoin is rising and peercoin is falling, it is likely we will see the situation change again in the next 24 hours.

 

While the website coinmarketcap.com lists dogeconi as number four behind bitcoin, ripple and litecoin in terms of mineable cryptocurrencies we can discount ripple as only a tiny fraction of that currency is available to the public.

 

Chinese yuan exchange opens

 

While there doesn't seem to be any single reason for the spike in value, one of the main drivers is likely to be the fact that Chinese exchange Bter.com has added dogecoin to its list of currencies meaning it can now be traded directly for Chinese yuan.

 

This follows the last month's announcement by Canadian-based exchange Vault of Satoshi that it would begin trading dogecoin for US and Canadian dollars.

 

As well as opening up the cryptocurrency to people not interested in mining it, the more exchanges which accept dogecoin in return for fiat currencies the more dogecion will weaken its dependency on bitcoin.

 

This could be the reason that dogecoin's value has soared in recent days despite huge turmoil in the bitcoin markets."

 

 

Phree Munnay.

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leginten

Disappointing - had assumed this was going to have a Venetian theme.

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makateer

So value

Much coin

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Ray Gin

Link to acquiring said dogecoins?

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Malcolm Tucker

Link to acquiring said dogecoins?

 

 

Sure, buy them here; https://bittylicious.com/

 

Set up your Doge Vault (online wallet) here; www.dogevault.com

 

 

Need to set up your wallet first so they can transfer your coins there straight away.

 

My mate got 10'000 for ?10 yesterday, I got 5650 today for the same amount. Should have listened to him yesterday.

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hughesie27

Temporary Minimum purchase of ?100 just now.

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hughesie27

Sorry, that was for bitcoins.

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hughesie27

Worth a punt knowing the way Bitcoin panned out.

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Guest C00l K1d

I'm going to punt ?20 in.

 

Not hoping for massive things mind you, considering loads of folk know about bitcoin now

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peter_hmfc

so invest

much delboy

wow

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Guest C00l K1d

When my 16k Doge is worth 150m i'll buy us a new stadium

 

:jjyay:

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Sooperstar

Tried to buy, after creating a wallet, and when I put in the address to send coins to it keeps telling me that it is not a Dogecoin address.

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Sooperstar

Just noticed the price has dropped by about 25% since this afternoon. Volatile currency.

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Guest C00l K1d

Tried to buy, after creating a wallet, and when I put in the address to send coins to it keeps telling me that it is not a Dogecoin address.

Did you click receive? Then add new address?

 

If so just try generate a new address again and try that one

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hughesie27

I've made ?1 on ym purchase since this afternoon. Phree munney.

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Guest C00l K1d

How do you go about selling them once you've made your millions?

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Sooperstar

 

Did you click receive? Then add new address?

 

If so just try generate a new address again and try that one

 

Aye, checked and double checked that it is correct (can't copy and paste it on my phone). I notice the wallet site isn't taking orders.

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hughesie27

Aye, checked and double checked that it is correct (can't copy and paste it on my phone). I notice the wallet site isn't taking orders.

 

I download DogCoine Wallet from here

 

 

And then got the address from there to copy and past onto the dogvault website.

 

Had the coins in my wallet within an hour of confirming my purchase.

 

The program took ages to sync with the previous 9 weeks transactions however it all worked in the end.

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Guest C00l K1d

I download DogCoine Wallet from here

 

http://www.reddit.co...ased_make_sure/

 

And then got the address from there to copy and past onto the dogvault website.

 

Had the coins in my wallet within an hour of confirming my purchase.

 

The program took ages to sync with the previous 9 weeks transactions however it all worked in the end.

I'm going to download this now and transfer it from the online account to here.

 

Too much risk of the online wallet getting hacked

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Ray Gin

Sure, buy them here; https://bittylicious.com/

 

Set up your Doge Vault (online wallet) here; www.dogevault.com

 

 

Need to set up your wallet first so they can transfer your coins there straight away.

 

My mate got 10'000 for ?10 yesterday, I got 5650 today for the same amount. Should have listened to him yesterday.

 

Cheers

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Big Chae

Should set up some sort of jkb kitty.

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Guest C00l K1d

Not that i have any interest of doing it myself but how does the mining process work?

 

Do you download a client on your computer and let it run.. or is it a bit more complicated than that?

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hughesie27

Any reliable site that tells us the exchange rate on them? I'm just using the dogevault website.

 

It starte at ?1.74 per coin earlier and has been sitting at ?1.89 since then.

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Guest C00l K1d

Any reliable site that tells us the exchange rate on them? I'm just using the dogevault website.

 

It starte at ?1.74 per coin earlier and has been sitting at ?1.89 since then.

No chance that's reliable.

 

1 dogecoin = ?0.0009 or something :laugh:

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hughesie27

No chance that's reliable.

 

1 dogecoin = ?0.0009 or something :laugh:

 

Oh aye, that is for 1000 coins not 1!

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Guest C00l K1d

Bought at 20.92 now worth 21.75

 

Phree money ????

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hughesie27

Bought at 20.92 now worth 21.75

 

Phree money ????

Anybody else been looking up the cost of a Yacht?

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Rand Paul's Ray Bans

On the crypto-currency theme, one specifically for Iceland will launch next month: http://motherboard.v...-cryptocurrency

 

Basically, half the currency is already mined, and it all will be handed out (for free) to every Icelander, to do with as they please.

 

Following on from this... Scotcoin! http://scotcoin.org/

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IronJambo

 

 

Following on from this... Scotcoin! http://scotcoin.org/

 

At least someone's trying to help Scotland have a true independence if they get a silly yes vote.

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HMFC4ME

gonna get involved in this too, would imagine it'll be easy to make a little bit of money in the early days as there will be a lot of people out there buying in hoping it will hit the same heights as bitcoin, doubtful that it will though, who knows, better than sticking it in the bookies

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Malcolm Tucker

Instead of a finders fee, when we're all stanking rich you guys can just buy me an island or two, k?

 

 

:smuggy:

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Scotcoin

Hi all,

 

This is Derek who is working on the scotcoin.org project. Great to see some posts here about what we are trying to do and I hope we can get this going. I have added a new blog post to the site which gives an overview of what we want to achieve, please read if you can get a chance. http://scotcoin.org/scotcoin-sco-the-vision-introduction-faqs/ Thanks guys Derek

 

(Fixed link)

Edited by Scotcoin

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hughesie27

Hi all,

 

This is Derek who is working on the scotcoin.org project. Great to see some posts here about what we are trying to do and I hope we can get this going. I have added a new blog post to the site which gives an overview of what we want to achieve, please read if you can get a chance. http://scotcoin.org/...n-faqs/??Thanks guys Derek

 

Less link. no worky. More Doge.

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HMFC4ME

Sure, buy them here; https://bittylicious.com/

 

Set up your Doge Vault (online wallet) here; www.dogevault.com

 

 

Need to set up your wallet first so they can transfer your coins there straight away.

 

My mate got 10'000 for ?10 yesterday, I got 5650 today for the same amount. Should have listened to him yesterday.

 

did you have to do it via direct bank transfer? seems a bit iffy especially when it has this...

If you send a payment to us with a reference of Bitcoin,Bittylicious or similar, you risk your account being closed. Please use the reference listed below.[/Quote]

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Masonic

dogecoin could hit around $1 each but not much more because there is so many of them i got 100 bucks worth last month

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Guest C00l K1d

How long will it take to mine 100b coins?

 

 

 

 

 

 

 

Also the Doge i bought for 20.92 is now worth 19.62. Sell before its too late :laugh:

Edited by The Heartbreak Kid

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Masonic

mining costs a fortune mate

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Rick Grimes

Gonna hold my doges for a few years, chuck my hdd in a landfill then think about selling.

 

Can't fail.

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Masonic

maxcoin set up by maxkaiser has had sick gains today almost $1 a coin up 93%

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hughesie27

maxcoin set up by maxkaiser has had sick gains today almost $1 a coin up 93%

 

Thats rad.

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Masonic

potcoin has gone viral today up wait for it 95,000 % 0.012 per coin

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Masonic

its so sick its trading under now!! someone must have taken a huge chunk of them forced the value up then sold them off

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hughesie27

Just awesome. Dude.

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PUG_HMFC

Can someone explain how the process of selling doge / bit coins work.

 

Is it fully dependant on another person buying your coins off you? or can you sell to a middle man/broker at any point and they will then sell them on

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HMFC4ME

Can someone explain how the process of selling doge / bit coins work.

 

Is it fully dependant on another person buying your coins off you? or can you sell to a middle man/broker at any point and they will then sell them on

 

for windows...

 

Downoad the wallet client(the program that handles your transactions) here...

 

unzip the foler thats just downloaded then run dogecoin-qt.exe

 

the program may then take a couple of hours to sync with the dogecoin network.

 

once synced click on the "Much receive" button, you will then see a list of addresses(well one for now until you create more) the will just look like a random bunch of letters & numbers (you can give them a suitable label if you want, helps with tracking transaction) copy one of the addresses then head over to

https://bittylicious.com/

 

paste the dogecoin address into the relevant field and the do the same with email address, enter the amount of dogecoins to purchase and hit "get some coins"

the next page to show up will give you the bank details of where to send your money to in order to receive dogecoins. Make sure you add the reference to your bank transfer.

 

if done correcty you should receive your dogecoins within 10 minutes of the transfer - these should now be visible in the dogecoin wallet.

 

 

 

If this has helped anyone please feel free to send me some coins at

DGpcJ6frsNXXranq24H62ZfFY6PMsUDii1

 

So Thanks

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Guest C00l K1d

for windows...

 

Downoad the wallet client(the program that handles your transactions) here...

http://www.reddit.co...ased_make_sure/

 

unzip the foler thats just downloaded then run dogecoin-qt.exe

 

the program may then take a couple of hours to sync with the dogecoin network.

 

once synced click on the "Much receive" button, you will then see a list of addresses(well one for now until you create more) the will just look like a random bunch of letters & numbers (you can give them a suitable label if you want, helps with tracking transaction) copy one of the addresses then head over to

https://bittylicious.com/

 

paste the dogecoin address into the relevant field and the do the same with email address, enter the amount of dogecoins to purchase and hit "get some coins"

the next page to show up will give you the bank details of where to send your money to in order to receive dogecoins. Make sure you add the reference to your bank transfer.

 

if done correcty you should receive your dogecoins within 10 minutes of the transfer - these should now be visible in the dogecoin wallet.

 

 

 

If this has helped anyone please feel free to send me some coins at

DGpcJ6frsNXXranq24H62ZfFY6PMsUDii1

 

So Thanks

That's not what he was asking though.

 

He's asking how he goes about selling his doge for GDP. Something i'm not sure of either.

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