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A comment on Show HN: Dogecoin Average - the price of Doge. Parent comment

Re:Show HN: Dogecoin Average - the price of Doge by DennisP on Wednesday January 22, 2014 @01:23PM (#7104387)
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/
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Re:Show HN: Dogecoin Average - the price of Doge by Two9A on Wednesday January 22, 2014 @01:29PM (#7104422)
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.

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Re:Show HN: Dogecoin Average - the price of Doge by michaelbuckbee on Wednesday January 22, 2014 @01:45PM (#7104512)
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.
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Re:Show HN: Dogecoin Average - the price of Doge by Pxtl on Wednesday January 22, 2014 @02:28PM (#7104769)
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.

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Re:Show HN: Dogecoin Average - the price of Doge by rthomas6 on Wednesday January 22, 2014 @03:34PM (#7105195)
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.
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Re:Show HN: Dogecoin Average - the price of Doge by steveklabnik on Wednesday January 22, 2014 @01:41PM (#7104488)
> 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.

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Re:Show HN: Dogecoin Average - the price of Doge by KVFinn on Wednesday January 22, 2014 @01:57PM (#7104575)
>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.

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