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Get your messages instantly via pus…. After downloading the wallet of your choice, make sure you back up your files on a USB drive or external hard drive.
After you back it up, never delete the wallet. The Dogecoin official wallet is available in two formats: The only difference between the two is that the core wallet downloads the entire record of all transactions made between Dogecoin wallets, and the lite wallet only downloads the most recent part of the record. You can also store your coin in online wallets for ease and quick access. It is an option, and sometimes a trusted option, but you no longer hold the safety of your coins in your own hands.
Be as safe as you can! Make sure that you are using the most recent version of the Dogecoin wallet software. You can find announcements of new versions at reddit. Dogecoin is used with a wallet on your computer, your smartphone, or a website. You can use it to buy goods and services, or trade it for other currencies both other cryptocurrencies or traditional currency like US dollars.
One of the most popular uses for Dogecoin is "tipping" fellow internet-goers who create or share great content. Think of it as a more meaningful "like" or upvote, with real value that can be used all across the internet. It is very easy to start using Dogecoin. Get Started Now What's with Dogecoin and the dog? The Shiba Inu is a Japanese breed of dog that was popularized as an online meme and represents Dogecoin. Learn more about Doge Doge is a slang term for "dog" that is primarily associated with pictures of Shiba Inus nicknamed "Shibe" and internal monologue captions on Tumblr.
These photos may be photoshopped to change the dog's face or captioned with interior monologues in Comic Sans font. Origin The use of the misspelled word "doge" to refer to a dog dates back to June 24th, , when it was mentioned in an episode of Homestar Runner's puppet show.
In the episode titled "Biz Cas Fri 1", Homestar calls Strong Bad his "d-o-g-e" while trying to distract him from his work. Identity On February 23rd, , Japanese kindergarten teacher Atsuko Sato posted several photos of her rescue-adopted Shiba Inu dog Kabosu to her personal blog. In December , shortly after the breakout of "Doge," the tech news site The Verge published an article identifying Sato's Kabosu as the original Shiba Inu depicted in the meme.
In addition to Kabosu, The Verge also identified "Suki," a Shiba Inu who lives with San Francisco-based photographer Jonathan Fleming, as the scarfed dog portrayed in another popular instance of the meme. Another single topic blog, shibe-doge, launched in July dedicated to sharing Shiba Inu photos.
On November 20, , Youtube implemented an Easter egg, that changes the text to be colored and in Comic Sans, much like the original internal-monologue style captions, when user searches the phrase "doge meme".
Plenty of places accept Dogecoin as payment. If you find one that doesn't, check out eGifter to buy an in-store gift card with Dogecoin!
Examples of business sites that accept Dogecoin: Sending Dogecoin is incredibly easy. That's one of the largest benefits of digital currency. It costs a fraction of a cent and sends in minutes. Every Dogecoin wallet contains one or more "addresses. An address is represented as a long string of characters beginning with the letter D.
The letter D is included in the address. The Dogecoin blockchain, or "Dogechain," is a public record of all transactions made between Dogecoin wallets.
Explore the Dogecoin blockchain at Dogechain. When receiving Dogecoin, all the user has to do is provide his or her public address. Other users can then send money to the address and the blockchain will confirm the transaction.
To send and receive Dogecoin via Twitter, Facebook, and Reddit, you need to make an account with each "tip bot. Or to accept a tip for the first time:. You've specified in your settings that you don't want to be tagged by others. What is the value of Dogecoin? When learning about Dogecoin, it is important to keep in mind that Dogecoin has a real-world value. It's not just some sort of arbitrary points system; Dogecoin can be bought and sold for your country's currency or better yet, exchanged for goods and services!
There are two main ways in which Dogecoin's value is communicated: Relative to Bitcoin, and relative to fiat money a government-backed currency such as USD.
Relative to Bitcoin Giving Dogecoin a value in terms of Bitcoin is the most popular method of talking about price changes and such. Bitcoin is chosen because it is currently the most successful digital currency both in value and acceptance.
Because one Dogecoin has such a small value compared to one Bitcoin, the value is expressed in terms of "Satoshi," which is defined as 0. Relative to fiat money Talking about Dogecoin's value in terms of the U. Dollar or another fiat currency eliminates the problem that arises when when, for example, Bitcoins value goes up. This causes the value of Dogecoin to appear to go down when in fact it may be staying constant relative to fiat money. In addition to the value of one Dogecoin, the value of the currency as a whole can be shown by its market capitalization, which shows the total value of all the currency in circulation.
This can be used to show how much was lost or gained by investors in total following a price fluctuation. As do all other buyable and sellable goods, Dogecoin has a price that fluctuates based on the supply and demand of the coin. These fluctuations make it possible to treat Dogecoin as an investment for future gain. Understanding Supply Supply is the amount of a good that producers are willing and able to sell across different prices.
Understanding Demand Demand is the amount of a good that consumers are willing and able to buy across different prices. Number of suppliers, expectations of future profit, technology, price of other goods, and intervention from the government.
Number of consumers, expectations of future price changes, tastes and preferences, price of other goods, and consumer income. Relating economic principles to Dogecoin Dogecoin follows the same principles as do other goods and services. It has suppliers those whosell Dogecoin and consumers those who buy it. Changes in the supply and demand of Dogecoin affect the trade volume of Dogecoin and the price at which Dogecoin is traded.
Let's take a look at a few examples: A new cryptocoin is created that is known to be very profitable. Crypto sellers decide to stop selling Dogecoin in favor of the other cryptocoin, decreasing the supply of Dogecoin. As a result, the price of Dogecoin increases, but the trade volume drops. A charity drive from the Dogecoin subreddit makes it onto national news and encourages people to start buying cryptocoins, including Dogecoin. The number of consumers increases dramatically, increasing the demand for Dogecoin.
As a result, both the price and trade volume of Dogecoin increase. Someone makes national news by being the first ever person to become a millionaire through sales of Dogecoin. Other suppliers take note and decide to start selling more Dogecoin as well, increasing the supply of Dogecoin. As a result, the trade volume of Dogecoin increases, but the price drops.
It is revealed on national news that Dogecoin is used in black market sales of illegal drugs.