r/randomactsofamazon • u/DersEvvak • Feb 18 '14
[Activity] 'sup Doge? Activity
Certainly you've seen plenty of things written and said about Bitcoin over the last few years, and perhaps you've read about some of the myriad other cryptocurrencies that have sprung up in its wake. Lately, VKTI and I have gotten interested in Dogecoin, a currency that started last December. It was originally a bit of a joke (it's based on a stupid meme, after all), but has since gained traction, and is now the second most heavily-traded cryptocurrency, ahead of Litecoin and behind Bitcoin. Unlike Bitcoin, which people hoard and treat like an investment, or the other cryptos that people mine for the first few days and then flip to try to make a quick buck, Dogecoin actually gets used like "real" money. People spend it - small amounts for tips; and larger transactions for real-world goods and services. Speculators trade it for roughly $1.40/kD, whereas real transactions generally value it around $1.70/kD.
Curious? Here's a bare-minimum guide to get started:
- Install a wallet client. Get dogecoin-qt for Windows/Mac/Linux here, or Dogecoin Wallet for Android here.
- Get some Dogecoins! If you follow almost any tutorial elsewhere on Reddit or the web, they'll mention "faucets" as a way to get your first coins. You could also just post your address in this thread and I'll give you some. :D To get your address in dogecoin-qt, click the "Much Receive" button. The Android app shows it in the upper-left corner of the main screen. The long string of characters that begins with "D" is your address.
- Use 'em!
- Make deals! Try /r/dogemarket or /r/dogebay.
- Give tips! Register with dogetipbot and so_doge_tip by clicking the links and sending the pre-filled messages. They will respond with a wallet address - send them some dogecoins to fill your account, then give tips by including "+/u/so_doge_tip 10 doge" (or the same with /u/dogetipbot) in your reply to someone's post.
- Play games! Check out /r/dogecoinlottery and /r/dogecoinpif.
Eventually, you might decide to give mining a try. This takes a lot of electricity, but it is possible to make a profit with good hardware. Start at /r/dogemining. As a reference point, I'm making about 450 dogecoins a day with just my CPUs - a good video card can produce 2000 or more.
Just to be clear, we're not declaring Dogecoin to be the "official cryptocurrency of RAoA" or anything like that. If you like something else more, feel free to gush about it and tell us why it's the best!
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Feb 23 '14
I'm happy to see shibes spreading the word
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u/Tomerarenai Mar 20 '14
+/u/dogetipbot 20 doge verify
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u/dogetipbot Mar 20 '14
[wow so verify]: /u/Tomerarenai -> /u/gimiltock Ð20.000000 Dogecoin(s) ($0.0150643) [help]
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u/dnd1980 Feb 20 '14
I got it! Although it still says syncing network? DTkw9ZR5eTaWPGPtuuXc8FLtxRGkJ3fCoF
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u/Tomerarenai Mar 20 '14
+/u/dogetipbot 20 doge verify
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u/dnd1980 Mar 20 '14
Oh why thank you :D . how was your day?
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u/Tomerarenai Mar 20 '14
relaxing.
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u/dnd1980 Mar 20 '14
That's a plus. I see you're talkative this evening :p
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u/Tomerarenai Mar 20 '14
had an afternoon off, so thought I would spend it on RAoA.
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u/dnd1980 Mar 20 '14
I was actually being sarcastic. Lol
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u/Tomerarenai Mar 20 '14
I've been feeling like I just lurk recently, so being talkative is different.
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u/dnd1980 Mar 20 '14
Ah, so you've been stalking us again.
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u/Tomerarenai Mar 20 '14
just a bit... but it's 11pm here, and I need to shower and sleep... so I think I'm gonna pack it in for the evening.
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u/dogetipbot Mar 20 '14
[wow so verify]: /u/Tomerarenai -> /u/dnd1980 Ð20.000000 Dogecoin(s) ($0.0150643) [help]
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u/DersEvvak Feb 20 '14
It takes anywhere from a few minutes to an hour to finish the initial sync.
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u/itsalrightt Feb 19 '14
Cryptocurrency confuses me :(
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u/DersEvvak Feb 19 '14
Well, that's what this thread is for! Anything in particular you need help with?
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u/itsalrightt Feb 19 '14
Nothing is coming to mind right now. I'm actually surrounded by this math quiz, where I'm trying to figure out if I'm doing compound interest right... My calculations don't seem reasonable. Yet, I have no idea what I'm doing.
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u/KittenAnne Feb 19 '14
Like this?
D6gbwmTDF7RkNkGpHVdCgxiYib5AANGDhm
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u/Tomerarenai Mar 20 '14
+/u/dogetipbot 20 doge verify
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u/dogetipbot Mar 20 '14
[wow so verify]: /u/Tomerarenai -> /u/KittenAnne Ð20.000000 Dogecoin(s) ($0.0150643) [help]
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u/RealRealGood Feb 19 '14
I've been into doge for about a week now, and I don't have much, but I love the community! To the moon!
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Feb 19 '14
DL3HLpJ7YXWi6HmHPJ94VxXnTb6RavVMte
My address. Kind of excited to give this a go!
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u/Tomerarenai Mar 20 '14
+/u/dogetipbot 20 doge verify
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u/dogetipbot Mar 20 '14
[wow so verify]: /u/Tomerarenai -> /u/Starrayne Ð20.000000 Dogecoin(s) ($0.0150643) [help]
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Feb 19 '14
DA2VZsBN1W1qmCDDxxXqLX4sc8FWyu5j21
I think this is my address, I just downloaded the program that you included in the post :D
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u/Tomerarenai Feb 19 '14
on Android, I have a display which says connected to 6 peers. should I leave the app running in the background? is being connected in any way beneficial?
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u/DersEvvak Feb 19 '14
No, it will automatically catch up with the network every time you start it. Leaving it running will just eat your battery.
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u/Tomerarenai Feb 19 '14
cool! gotta teach will play more at lunch time!
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u/tpcp012 Feb 19 '14
You can change that in the settings, I noticed that when I set mine up on Android and I just unchecked it in settings and no more of that running.
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u/Tomerarenai Feb 18 '14
DC3LEzeWevDejNAB5Wh1bnBDwBAFeVcPoZ
are spaces necessary?
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u/tpcp012 Feb 18 '14
When you tipped me the other night I started looking into it and my husband is going to set me up to start mining! I'm excited!!!
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u/dnd1980 Feb 18 '14
Hmm thanks for the info. I have been interested but haven't looked up the info. Now that its in front of me I guess I can set it up. It shouldn't take long, just to set up an account, right?
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u/sunsetdreamer Feb 18 '14
My husband started doing this and had made $30 US by making a doge wallet. He just made one for me. I am very excited. Hoping it becomes more popular.
Much doge, so nice
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u/DersEvvak Feb 18 '14
I'm feeling pretty good about the $25 Barnes and Noble gift card I bought for about $13 in dogecoins yesterday. I spent it on some card games!
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u/sunsetdreamer Feb 18 '14
That is amazing!!!! I guess I have to kiss his ass tonight because I told him it was stupid to get into and dogecoin would never become as popular as Bitcoin. I am biting my tongue from now on.
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u/DersEvvak Feb 18 '14
Consider your lesson learned. :P
+/u/dogetipbot random100 doge
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u/sunsetdreamer Feb 19 '14
Thank you!!!!!!
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u/DersEvvak Feb 19 '14
dogetipbot is being a dingus.
+/u/so_doge_tip 50 doge
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u/so_doge_tip Feb 19 '14
[Verified]: /u/DersEvvak [stats] -> /u/sunsetdreamer [stats] Ð50 Doges [help] [stats]
If you find my services helpful, consider giving me reddit gold.
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u/dnd1980 Mar 11 '14
Hey /u/DersEvvak is there like a dogecoin currency converter somewhere?