Show HN: Dogecoin Average - the price of Doge | Hacker News Reader

Show HN: Dogecoin Average - the price of Doge

dogecoinaverage.com

62 pointsTwo9A85 comments

The signal to buy was when Dogecoin volume doubled Bitcoin volume. You had a couple days before the world realized how underpriced Doge was. Doge was around 45-50 Satoshis then.

Funding the Jamaican bobsled team, and tapping into Cool Runnings millenial nostalgia was a great PR move by the Doge community.

The recent price correction is probably due to mining pools jumping in when profitability soared before difficulty adjusted.

The Doge community has a saying "To the moon!". Moon being defined by many as $1 per coin.

Edit:

Watch the video at http://howtodoge.com to get a feel for the community effort to go "to the moon!"

> The Doge community has a saying "To the moon!". Moon being defined by many as $1 per coin.

And the latest PR move is to get dogecoin quite literally to the moon by figuring out how to fund PSU's Lunar Lion moon probe

Apparently, a laser engraving of a Shiba Inu on the side of the craft would cost comparatively little.

I might donate a Doge or a few.

>The Doge community has a saying "To the moon!".

Yet another inspiration provided by Bitcoin.

"to the moon" has been used for many other cryptocurrencies before dogecoin existed

None like this: http://www.youtube.com/watch?v=H3oiThw2RxE

The Obama salute is the best part.

This other site shows market cap for all the notable cryptocurrencies, including Dogecoin: http://coinmarketcap.com/

That site takes its Doge price from http://www.cryptocoincharts.info/#jump-doge-btc (and seems to underquote it too) and the Bitcoin price is taken from bitcoinaverage. Anyhow, this a great first effort. I'd use it to tweet out on @dogeprice as I am doing already with @btcprice. This is a really hot market at present. It's also full of opportunities. Dig in Shibes.

This is amazing. This page should just be the top link on any Bitcoin discussion: "Guys, guys, guys, I'm feeling really bullish on Sexcoin. Does anyone have the Winklevoss' phone number?"

... hah, link that to mining costs and make your miners automatically switch currencies as the market fluctuates.

Unsurprisingly, this has been done.

https://www.multipool.us/

(Guess it goes to show there are no new ideas left in the world...)

this site sort of already does that

http://dustcoin.com/mining

I don't mean to be critical, and maybe I'm missing a UI element, but charts that cannot be scaled on the X axis (i.e. select a timeframe) are not very useful.

I agree. This price chart makes it look like Doge is in a downtrend. This chart is after price jumped ~500%

Mm. I've followed the example of Bitcoin Average in this instance, who have a fixed 24h chart on the homepage. The backend can already cope with pulling data for a chart that's wider (or indeed, shorter) in timescale, so that may change when I've collated more data.

Hi, does the JSON offer a straight global average (rather than individually by market) and then ideally a USD conversion from bitcoinaverage (that site is open-sourced if you didn't know - but integrations need to built per exchange.) You may want to open this one too.

It does!

All the fiat currency values are calculated by taking the weighted averages in DOGE, and multiplying by the price of 1 BTC from BitcoinAverage.

If you don't see what you're looking for here, let me know: http://dogecoinaverage.com/USD.json

okay @dogeprice and @dogeboost are now active with price tweeted every 30mins and 6h respectively, both D and USD.

Logos from http://dogecoinlogo.com/

I ended up using a background image I originally designed to promote cryptos and litecoin, but tweaked it to appeal to 15 yr olds and dogecoin. http://imgur.com/gallery/XpwIWM0

Honestly, how are we going to explain ourselves to the year 2200?

http://dogecoin.com/

"Hey grandpaw, what kind of dog did you have?", David inquired, his eyes pointing to the gilded picture above the fireplace. At the bottom of the ornate frame was an out of place comic sans font that read "to the moon". Grandpaw reached for his glasses. Looking closer, David noticed the background of the painting was filled with smaller phrases. "such amaze" read one of the vague, but positive half thoughts--another was simply "wow". David recalled this was same way his parents talked to grandpaw, as it if was some dialect of a bygone era. Finally fixing his spectacles, Grandpaw mustered, "Oh, I never had a dog...". While turning gingerly in his favorite green chair to face the painting, his eyes raised in kind remembrance. "That's a _doge_, my child.", he proclaimed, with emphasis on the peculiar pronunciation. "That's how grandpa made his millions."

"Yeah, I'm really bummed out I didn't get into dogecoin 186 years ago"

Outside guess that we'll be dead by then.

Wow this thread was severely punished. Rank #34 with 56 upvotes and posted 2h ago. There is another post on the front page with 37 upvotes posted 2h ago on rank #5. Wow. So punishment. Very algorithmci downwotes.

I've no idea.

Maybe HN doesn't like the fact that OP is posting so much in the comments?

You should add difficulty/hashrate charts too and maybe the ability to overlay any two charts.

Did you hack out a custom address? How is that possible since a private key has to exist. I thought one was based on the other.

There's a vanity address generator, which bruteforces private keys until it finds a corresponding public key that matches your desired pattern.

I forget where the generator lives, but it runs locally and eats CPU for hours.

Also worth comparing to:

http://doge.yottabyte.nu

http://dogemonitor.com (seems overcapacity these days)

Can I add http://wowsuch.io to the mix? It's rather simple right now but I'm actively working on new features right now.

http://themisescircle.org/blog/2013/08/22/the-problem-with-a...

Yes, the big question is whether currency has such a strong network effect that one will dominate. Hayek argued the opposite, and wrote a book claiming that a system of competing private currencies would be ideal.

There are also a few technical arguments in favor of multiple currencies. At the moment we don't know how to scale a single blockchain to major-currency levels, unless we do mostly off-chain transactions. And with appropriate software, accepting lots of currencies doesn't have to be harder for a merchant than accepting one. There's also some work on cross-chain currency trading without a trusted intermediary.

Is there a place to trade bitcoins for dogecoins?

Yes [0][1][2][3] [0] https://coinedup.com/ [1] https://www.cryptsy.com/ [2] https://www.coins-e.com/ [3] https://vircurex.com/

For what it's worth, the table at the bottom of Dogecoin Average links directly to each market used to calculate the price.

(Except Coined Up; I've requested API access to their price lists, it may be a little while.)

https://github.com/ummjackson/dogecoin-resources#exchanges

If you are feeling generous, my referral link from Cryptsy (largest exchange by volume): https://www.cryptsy.com/users/register?refid=25234

Thanks. I just signed up. But my deposit isn't going through.

I'm trying to make a support request, but any idea what goes into the "requester" field on the support request?

OK, I guess the requester field is for my email address? Seems weird since they already have it.

Can you please make it like this: http://bitcointicker.co/

I wonder who is buying dogecoins and why..

For an investment opportunity, the price has quintupled over the last 72h you know. And for fun. :)

Ok, so we now have Bitcoin, Litecoin, and...Dogecoin, "an open source peer-to-peer cryptocurrency, favored by Shiba Inus worldwide"

Can we officially declare that crypto-currencies have jumped the shark?

That's how I felt about Dogecoin at first, but their silliness seems to have generated an unusually nice community. I'm starting to think that's a more important factor than I'd realized. It's taken them to #7 in market cap, despite being technically a straight copy of Litecoin. http://coinmarketcap.com/

The community, and particularly the generosity of tipping, seems to have been a driving factor. There are already multiple "tipping bots" on Twitter, which will give out Doge on command.

There's speculation that a similar functionality for Facebook would be like strapping SRB's to the side of the Doge moonrocket, and give it Much Velocity.

You mention the generosity (which I agree with), but also the act of online tipping is a use case that crypto-currencies handle substantially better than me putting a dollar bill in a paper envelope and mailing it or paying a 25 cent transaction fee to tip 10 cents.

Yup. Reddit had bitcoin tipping functionality back when bitcoins were a buck or two. Getting tipped a quarter convinced me to figure out this cryptocurrency thing. Taking that mechanism outside of the Reddit sandbox is a big help.

And yeah, I spent my quarter-BTC on Humble Bundles. Oops.

We'll see how long this lasts if Dogecoins become worth a lot more. BTC used to be like this, too, with many "Bitcoin faucets" dispensing coins at will just for entering an address.

> despite being technically a straight copy of Litecoin.

It's not a straight copy, as it's got random block rewards and different parameters.

But it's very close, yes. Still scrypt based.

>That's how I felt about Dogecoin at first, but their silliness seems to have generated an unusually nice community.

It's so true! When people post really basic or dumb questions they could have googled in twos seconds, or show that absolutely no idea what is going on, people in the doge threads or on the reddit don't act like jerks. They just help the person and then joke with them. It really does feel like something different than other crypto currency communities!

Something so intangible can be so important.

Dogecoin was probably the 200th altcoin released so far... we still have a long way to go. Check out this list for some of the larger ones: http://coinmarketcap.com

Take all the numbers listed there with a grain of salt, though.

Prediction for 2014: a meta crypto-currency valued on the number of crypto-currencies in circulation.

Is there an index fund I can buy that tracks (probably just non-BTC) crypto currencies by market share? In other words, I'd like to own a basket of crypto currencies that reflects the market's weighting.

Honestly your best bet for this is bitcoin since almost every other crypto currency measures itself against BTC instead of USD, BTC is sort of a gateway crypto currency.

Bitcoin, Litecoin, and...Dogecoin

And dozens more.

http://coinmarketcap.com/

I think you've come to the wrong conclusion. Doge might be a funny name, but the crypto is real and so is its trade value against bitcoin. What we're seeing here is that Satoshi's idea is so valuable that it empowers a community to arbitrarily construct a functioning decentralized financial platform, even as a joke.

We're just touching the surface of what cryptocoins are going to mean in the future.

Such cynicism.

Please. This is HN, and you know it. Your account was registerd over 2,000 days ago.

Stop with the pointless comments.

Much stick up the ass. Not wow :(

What on earth is happening to HN?

I'm with you. Every dogecoin related thread is full of content-free comments like "such X" and "wow". I do my part to down vote all of them. It's about as funny and clever as a rick-roll at this point.

And I do my part and wish them away really hard because I cannot downvote.

much serious bsns.

shibes up in here.

Get over yourself. Such mad.

I am not upset. I am horrendously disappointed.

I suppose Bitcoiners had a similiar disrespect for HN when they came flooding in ~3 years ago, too.

>I suppose Bitcoiners had a similiar disrespect for HN when they came flooding in ~3 years ago, too.

Perhaps, but I'm not convinced. I imagine the fact that Dogecoin is based around a meme has a lot to do with it.

Just imagine how much more time could be devoted to discussion about how many iPhones does the founder of Path really have.

And yet every day HN is filled with people talking about the things that they like to talk about, and having a nice time doing so, all in their own little space here on this site. For the most part, users like to keep this place intelligent and spam-free.

Want to spam Doge-related comments? I can only imagine that that is what /r/Dogecoin is for. Why bring it here?

Right, but what if people want to talk about doge?

Then talk about Doge. Don't spam "so wow!" sixteen-dozen times.

That's a large part of talking about doge though.

Then I don't really know what to tell you. It sounds to me like "talking about Doge" is a euphemism for "spamming".

        wow

    much disagreement


            many opinions


      wow

My comment does technically have correct grammar and stand on its own as a valid criticism of your comment, which to me is what makes it especially funny. Everybody posting "wow" as a response to you... not so much.

First off: deleted_account is not my username, you were not responding to my comment.

Second: The sentence "I am." technically has correct grammar, but doesn't serve the benefit of anybody reading HN. As does this recently similar comment with many downvotes: https://news.ycombinator.com/item?id=7104994

You should have just hit the downvote or flag button if you thought that OPs comment was truly cynical.

How exactly was deleted_account being cynical anyways by asking the question "Can we officially declare that crypto-currencies have jumped the shark?"?

I do not think you understand the meaning of the word "cynicism" or what it is "to be cynical".

"You should have just hit the downvote"...pot, meet kettle.

One cannot hit the downvote button on replies made to one's own comments.

True, good point. Still, I'm not sure it's a net benefit to kick off a sizable subtree debating the merits of a two-word comment. It might be considered an investment in future comment quality, but downvoting all the meme comments that we are able to is probably as effective.

Personally, as long as it's restricted to articles about dogecoin I don't find it annoying, though I wouldn't want it to spread. Clearly your mileage varies.

Very registerd

Wow.

wow

Cryptsy, the crypto-currency exchange, have over a hundred markets running right now. Some of them are more active than others, of course.

Don't forget Coinye! "Coinye, formerly Coinye West, is a Scrypt-based cryptocurrency that used the American hip hop artist, Kanye West as its mascot"[1]

1: http://en.wikipedia.org/wiki/Coinye

Coinye's naked worship of celebrity is simply gauche. The irony only makes it worse.

Dogecoin on the other hand... wow.

I for one am looking forward to the 2050s, when china installs the doge as the world reserve currency, and all our paper money is written in rainbow-coloured comic sans.

Is there a way to buy doge for cash yet?

Not yet. Cryptsy, at the very least, are working on a DOGE/USD market; I know there are other exchanges doing the same, but I forget which.

Yes, on local markets (forums) and on eBay with paypal.

Nice work!

Reply on news.ycombinator.com