500 Million Dogecoins Mined by Unknown Hacker in Malware Attack

Re:500 Million Dogecoins Mined by Unknown Hacker in Malware ... by moe on Wednesday June 18, 2014 @07:23AM (#7909430)

That's around 180k USD at the current exchange rate.

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Re:500 Million Dogecoins Mined by Unknown Hacker in Malware ... by pestaa on Wednesday June 18, 2014 @07:37AM (#7909460)

Wouldn't discovering a huge dogecoin mine devalue it?

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Re:500 Million Dogecoins Mined by Unknown Hacker in Malware ... by mcintyre1994 on Wednesday June 18, 2014 @07:42AM (#7909475)

I'm guessing it'd devalue if they tried to sell at once, but isn't mining public in that the public blockchain already reflects the 500m mined?

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Re:500 Million Dogecoins Mined by Unknown Hacker in Malware ... by imaginenore on Wednesday June 18, 2014 @08:58AM (#7909780)

Trying to sell all of them in one go would devalue them.

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Re:500 Million Dogecoins Mined by Unknown Hacker in Malware ... by matthewbauer on Wednesday June 18, 2014 @11:51AM (#7910784)

I would suspect that speculators would devalue it expecting a significant amount to be sold.

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Re:500 Million Dogecoins Mined by Unknown Hacker in Malware ... by bojanbabic on Wednesday June 18, 2014 @03:58PM (#7912445)

he/she already sold all coins mined and caused market dip

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