Hacker News Reader

Comment by reitzensteinm | Hacker News Reader

>Nobody would trust a lolcat with their money much less a shibe.

Don't get me wrong; I'm not saying Dogecoin will pivot into a serious currency. I'm talking strictly relative growth here, and BTC is currently over 1000x bigger.

I think it'll become a defacto tipping currency of the net, and there's plenty of room for the market cap to grow to support just that niche, if it goes relatively mainstream.

As far as VC money goes, the infrastructure that's being built will likely not remain Bitcoin exclusive, so I see it more as a rising tide lifting all boats.

View on HN

Speaking of dogecoin, I want to pick up some dogecoin without any bitcoin on hand to trade and without elevating my risk to fraud any more than necessary. I realize there are forums and presumably faqs, possibly "the same way you'd pick up bitcoin," but what is the HN prescription to go about doing this? Given that it's relatively nascent, low turnover, goofy and so forth, I'm apprehensive when hearing "very coinbase, wow" elsewhere.

I also realize I should find something else to do, but... I love that friggin' dog.

Tl;dr this article neglects to mention the viability of dogecoin on 2014 due to idiots like me. It appears I'm not the only one..

Even with only a Core i5 CPU, you can use cpuminer to create some yourself.

For small amounts, you could go to http://www.reddit.com/r/dogemarket, the fraud risk is not very high there. In the US, there's https://www.altquick.co/. Other than that, you need BTC/LTC first then trade on cryptsy.

Anyone selling dogecoin for Paypal is stupid, those tranactions can easily be reversed.

>you can use cpuminer to create some yourself.

Depends on how many you want, the dogecoin difficulty has really gone through the roof lately, and you are much much better off with a GPU. The Kh/s rating on most GPUs is much better.

https://litecoin.info/Mining_hardware_comparison

www.coinwarz.com/calculators/dogecoin-mining-calculator/

The best Corei5 is going to get you about 1358 doge a day, with sounds like a lot, but it is a tiny number, 41 cents. Plus, the mining calculators are way way off. They always overestimate for me.

Is this an auto-updating string? I hope not!

"Over 3 LTC sold and 1 customers served to date!"

If you buy 1BTC from one of the established channels that you know, you can have a practically limitless supply of altcoins at cryptsy.com. That is assuming, you don't want more than 1BTC worth.

I got mine off of coins-e a couple of days ago without any issues. I heard if anything messes up, their customer service is pretty much non-exist, however. Apparently they went off a forked chain last week and I'm not sure if everyone recovered their funds from the mess.

But like others said - you can mine it with a normal (CPU/graphics card) hardware at the moment...

options:

1.)cpu mine; i5 CPU gets about 60~80kh/s, which translates to around the same number of coincs per hour

2.)midrange gpus will get you a few hundred kh/s (e.g. my old ati 5770 gets around 150~200kh/s, without too much tweaking)

and assuming you don't want to do any mining at all:

3.)on reddit dogemarket, people are selling through paypal gifts etc in various amounts as small as a few dollars worth at a time, which is relatively low risk. of course, buyer beware and take a look at the community guidelines/suggestions for security.

Post a dogecoin adress and I'll donate Ð5,000.

DEhTFJ8faDZoGNs3AyYoeaAaEcfZrMzxNj

in b4 it's too late, perhaps? much kindness, very please, so hug, many thanks.

DBLHpRcLuKM5Co4UB7HYXwK9acKif7pnWY give it a shot. Thanks for giving in advance

DG2bdBDZZFYQUcg8ZqQB3V2RaMpHfVYdWj

Because moon.

DKjjeSBmD2UCNL5PJYvCsShzLzgXnqHsTU

many thanks

DACkhrsCaCiE7mWmDyvReEw8GNniJTsTCQ

DCbXyRQ9P2Xh3MidgawgTe897FfAButDTB

D9tzZCNM76kGQZ4wDJunVqx1W3w6DAUMkt

Poor Shibe giving it a shot.

Here's to hoping :) DQtb7RvPtZp1qxmvwuGEMXUHqEz1fRBBLw

much thanks, very generous, wow :)

D5aan7bFi3axrSBe2AzwWo7sSGsTdFM9KL

such generosity. wow.

D8umPwdyoqGK7QL8TrYfX3dkBNgeG7gHUk

EDIT: Thanks :)

DHHctvbHCKG9skhFtsdjHPiRzYdqxDvpFG

Thank you much!

Actually wanted to gift it to d0ugie, but eh... I guess I'll be generous today. d0ugie you can still post an adress.

DAd5urH4z4S49gUTnUaSJYr3HDvdjDJVsk

thanks

DAd5urH4z4S49gUTnUaSJYr3HDvdjDJVsk thx

DBML49dCrFF9ku8L4EgjGUcp54FpuNVSMC

Reply on news.ycombinator.com