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EasyDNS is now accepting Dogecoin for payments
- Aaronstotle 5y agoGood marketing trick, curious if this will be still be the case after Doge crashes.
- 1cvmask 5y agoThen it will be the great arbitrage if they don’t adjust prices quickly
- viraptor 5y agoThey quote the price in USD, so it's likely just charged through some gateway which does conversion at current price.
- themodelplumber 5y ago$1 Doge is a very strong psychological target for the retail fan crowd. Musk keeps tweeting. EasyDNS just added to the momentum pile. They'll probably triple the value of any current holdings by early next year, minimum. This play makes sense in a lot of ways. If you can play technicals (obvious Elliott Wave-end situation likely capping off this weekend for example) you can probably even exit prior to the price exhaustion and buy back at lows.
- 1996 5y ago> $1 Doge is a very strong psychological target for the retail fan crowd Yes. Mark my words: the WSB crowd will make the USD/DOGE parity happen. I've said that before (maybe not here except in https://news.ycombinator.com/item?id=25969948 https://news.ycombinator.com/item?id=25969948 ), and I stick with my prediction: after they found how GME was game, their next logical step was going to be crypto. The only true question is where DOGE will stabilize: below $2 or above.
- SilasX 5y agoWSB rabidly suppresses discussion of cryptocurrencies.
- 1996 5y agoThere is a community, and a zeitgest. A large part attends WSB. When these redditors will want to keep talking about their new fun project that is making the headlines, either the WSB mods will make exceptions again, or a new sub will be created.
- arcticbull 5y agoThere's plenty of other subs, including r/satoshistreetbets where you can go if that's what you're into.
- 1996 5y agoI don't personally care. What I say is the audience will find a place to gather - if not on WSB, elsewhere.
- rrrazdan 5y agoThat changed as of yesterday. :)
- rawtxapp 5y agoThey changed it back after Bloomberg's article [1]. 1: https://www.reddit.com/r/wallstreetbets/comments/mreeny/re_on_crypto/ https://www.reddit.com/r/wallstreetbets/comments/mreeny/re_o...
- neither_color 5y agoThis crypto run feels a bit different than the last few, the last couple bubbles didn't have a year of lockdown and political despair behind them. There's a strong sentiment of resentment towards banks, political parties, and institutions in this one. I'm old enough to remember OWS and the "great recession" and even then most people who were not affected could afford to ignore it. This time people who would've otherwise gone about their daily lives without paying much attention to the news have had nothing to do but become dejected iconoclasts.
- rawtxapp 5y agoAt 1$, Doge's market cap would be worth 129B$, that would be very interesting to see. At 10$, which a lot of people in their subreddit seem to think is within reach, it would be worth more than 1T$. It's like infinite supply.
- camjohnson26 5y agoIt’s already at $0.38. It’s clearly worth nothing, so no reason an irrational $50 billion can’t become an irrational much bigger number.
- X6S1x6Okd1st 5y agoIt totally depends on how much foolish capital there is that it's willing to sink into doge.
- BTCOG 5y agoDown nearly 40% in the past 24 hours, trade volume is down over 40%, and the $1 fee shows those in the know that it's barely being used on-chain and this was a big pump off washed volumes. 7-10 days and Doge is likely back around 10-13 cents.
- arcticbull 5y agoSounds like cope to me ;) don't worry, the insitutionals will jump right in to prop it up.
- tarsinge 5y agoDoge inflation is very high by design (because remember it was a joke), at 1$ more than 14 millions $ have to be poured by day just to maintain the price.
- nerdponx 5y agoI wish they chose something that uses proof-of-stake, but something is better than nothing.
- throw0101a 5y agoNot surprising given that Mark Jeftovic, the CEO/founder of EasyDNS, has run for the Libertarian party. Managed to get 610 votes in 2015: * https://en.wikipedia.org/wiki/Parkdale—High_Park#Election_results https://en.wikipedia.org/wiki/Parkdale—High_Park#Election_re... * https://en.wikipedia.org/wiki/Libertarian_Party_of_Canada_candidates_in_the_2015_Canadian_federal_election#Ontario https://en.wikipedia.org/wiki/Libertarian_Party_of_Canada_ca...
- frongpik 5y agoI see Mark doesn't waste time.
- lxe 5y agoThey should! Fees are tiny and transactions/confirmations are fast -- unlike the nonsense that's currently going on with Ethereum and Bitcoin.
- drcode 5y agoMainly because it isn't seeing much use so far. It would face the same problem if it ever becomes more popular for payments.
- nexuist 5y agoWith the ability for cryptos to perform hard forks as we have seen with ETH, it seems like technical problems are more or less irrelevant to the worth of a given coin - if there is enough demand then some developers will step up and give the coin the features people want, and then after the hard fork people will have the same amount of coin with much more capability.
- danShumway 5y agoThis is somewhat ironically a pretty depressing comment, because it implies that the overall community genuinely wants Bitcoin to have the technological characteristics it currently has.
- deleted 5y ago[deleted]
- X6S1x6Okd1st 5y agoGenerally the Bitcoin community wants it to be the least risky coin
- BTCOG 5y agoNot the community so much as that Bitcoin has mathematicians and competent cryptographers working on mission critical software. What you see with moving fast and breaking things and numerous forks in other coins is not bright.
- 908087 5y agoIsn't it bad enough that it's impossible to go anywhere else on the internet without people obnoxiously pushing this pump and dump right now? Does it really need to happen here, too?
- rvz 5y ago2017 - 2018 want your unrealised gains back.
- rogerdickey 5y agoNow in a few years we can complain about having paid $1m+ per month for our EasyDNS subscriptions
- rajasimon 5y agoCan someone point me in the direction if I want to accept doge as the payment for my product what should I do?
- sevencolors 5y agoBitPay lets you accept multiple types of crypto coins (doge is one) https://bitpay.com https://bitpay.com
- CameronNemo 5y agoAs a payer I have been happy with vendors that use BitPay. I've never operated a shop, but when I looked at BitPay from a merchant POV it did have some benefits. Namely a small fee (something like 1 or 2%, compared to what stripe or similar would charge) and settlement to USD, Euros, or Mexican pesos (IIRC).
- StuntPope 5y agoDon't use Bitpay, they use some proprietary method that makes it impossible to use from most crypto wallets and I think they just settle into fiat so you can't HODL (could be wrong on the latter point, but not the former). BTCPayserver.org is an open source stack that any reasonably technical team can use.
- CameronNemo 5y ago1. The invoice system is not proprietary and it has good client support. I have had no issues with it. 2. Settling into fiat is the best option for businesses that pay their expenses and/or taxes in fiat.
- viraptor 5y agoAlso simplifies accounting a lot. For the same reason you normally get the card processor to receive the local currency, not separate one for every customer's country.
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- betwixthewires 5y agoDogecoin is the ddate of cryptocurrencies.