Dogecoins (lol)

[Jay Wessman]

For anyone that's never heard of a dogecoin it's a new altcoin (as in a cryptocurrency that's not bitcoin) and it's based on the doge meme. It's kind of a hard meme to explain but if you've never heard of it you can read up on it here but basically it's pictures of shibes with comic sans font text describing things in broken english.

Here's a couple of examples:

And here is what the coin logo looks like:

The coin was introduced less than a month ago as a joke but for whatever reason it's actually gained some traction.

 

[Klayne]

When I first time heard of it one a blackhat forum, I was thinking to get few k of them, but didn't had other things to do. If I would have done it I would made like a 5x profit now.

 

[hiimjeremy]

Ha! Might not be a bad move, but why not drop that kind of $$ on Litecoins? Have you not had success with them ?

 

[K]

Keep us posted also with prices etc!

 

[Jay Wessman]

Ha! Might not be a bad move, but why not drop that kind of $$ on Litecoins? Have you not had success with them ?

Because it doesn't have a dog.

 

[K]

Jay - hit me up on Skype, where did you get your dodge coins from?

 

[Jay Wessman]

Jay - hit me up on Skype, where did you get your dodge coins from?

There's a few exchanges like Cryptsy and CoinedUp.

 

[Jay Wessman]

Very wow. Much doge.

 

[K]

Jay hit me up on Skype when you see this please.

 

[Marc]

I'm on board, too. If they reach only 1% of the bitcoins in a few years, they have done an excellent job.

@ Jay: are you also mining?

... from eBay or this sub-reddit (just watch out for scammers). However if you go this route you'll have to pay a significantly higher price so personally I recommend going with the first option.

Yep, on consumer platforms like eBay there is also always the risk that you will be cheated and the coins will not be delivered.
Exchange platforms are the safe way.

 

[Jay Wessman]

I'm on board, too. If they reach only 1% of the bitcoins in a few years, they have done an excellent job.

@ Jay: are you also mining?

Ha nice man. Much investment.

 

[hiimjeremy]

Ha nice man. Much investment.

Nah I don't mine. Never bothered to even work out how to do it and from I gather it's pretty competitive these days.

Also Dogecoin is sponsoring a Nascar car:

Jay, how have you been doing with the currency trading lately with DC?

 

[Jay Wessman]

Haha they sponsored a nascar.