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Dogecoin
Dogecoin (also known as Dodgycoin) is an open source peer-to-peer cryptocurrency, whatever the hell that is supposed to mean. The currency went onlin December 6th, 2013 and became favored by Shiba Inus worldwide because dogs care about human space bux.
Doge meme
For those who actually have a job and don't spend all day on the Internet, the currency is named after Know Your Meme's Meme of the Year, Doge. It was programmed by a former IBM engineer who never heard about memes. Someone suggested Dogecoin and he went with it. He was interested in virtual currencies but distanced himself from Bitcoin due to it's association with Silk Road, failing to realize the Doge was popularized by drug addicts who are unable to make out complete sentences.
The true intent of Dogecoin is to get people to spam the Doge meme so that 2014's Mosted Unfunny and Hated Meme of the Year. Looking at Dogecoin related websites and posting by currency holders it is off to a very good start. If you can't afford to purchase a Dogecoin for 0.06 cents, visit a water bowl and soon you'll be packing your Dogewallet with Dogecoins and become a dogillionaire!
Clueless "investors"
Like any other virtual currency, there is absolutely no protection whatsoever. If someone's space bux gets stolen, the government won't care. For all intents and purposes, Dogecoins are worth nothing.
Since Dogecoin is named after a very popular meme, people who don't have a clue were suddenly investing in the cryptocurrency.
In fact, many at the time thought that Dogecoin was nothing more than an Internet prank.
Not even a week earlier, it's value had decreased by 80% due to exploits in mining the coins.
News of someone from Australia known as Trade Fortress who claimed he lost $1 million in Bitcoins when online wallet inputs.io shut down without warning, claiming they were hacked.
Bitcoin itself was busy laughing at journalist who heralded Dogecoin as a potential successor.
With a website less than a month old and a bunch of clueless usersinvestors, what could possibly go wrong?
YouTube
- dogecoin.avi
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Quotes
—dennis1853, Sad about... $1.36 |
Here is my account information, posting it for all to see
—sohaibk |
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Dumbasses
—Viper15973 |
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Gallery
Is it unfunny yet?
Moar
See also
External links
Dogecoin
Dogewallet
dogecoin
dogecoin (See removed posts: 1, 2)
Dogecoin
Hackers stole millions of dogecoins on Christmas
- Hacking incident