Bitcoin vs. Dogecoin: Which One is Really Worth More?

4 stars based on 71 reviews

Jackson Palmer started cryptocurrency dogecoin as a joke. To his surprise, it took off. That's partly why he is not optimistic about the future of cryptocurrencies.

The recent volatility in the stock market has also been felt in the value of cryptocurrencies like bitcoin. There are a lot of these around right now - Ethereum, litecoin, ripple, just to name a few. There was a gold rush back then in cryptocurrency, and I noticed there was a lot more of what are called alt coins, or alternative coins, coming on the market. You know, bitcoin copycats, they take it, they change a variable and then they, you know, release it to the world. And so I was like, this seems a little shady.

Also happening back inthis Internet meme called Doge. It was a picture of a dog, a shiba inu, and it had this goofy, Comic Sans writing all around it with grammatically challenged phrases like, such wow, and, much amaze. I had one browser tab open with this article about Doge, and right next to it, I had CoinMarketCap, which is a very popular website for checking the valuations of cryptocurrencies.

So my tab names kind of almost spelled it out for me, dogecoin to bitcoin value over time a way. He chuckled about it and sent off a dogecoin to bitcoin value over time. And then he started hearing from all these people who were like, dogecoin? A friend of his in the tech industry is like, what the hell, let's make dogecoin a real thing. It's easy to make a new cryptocurrency, and it'll be, like, a fun project to understand how this stuff really works.

And so they created dogecoin. And then the price of dogecoin starts dogecoin to bitcoin value over time take off. And then we were like, oh, no. Like, this thing stands to become the joke that we were making.

So Jackson and his partner decide, let's try to use dogecoin for good. On the dogecoin subreddit, they started suggesting giving dogecoins to charity. And then someone was like, hey, I heard the Jamaican bobsled team is trying to raise money.

We thought, well, that's just as ridiculous as a dog on a coin. So sure, why not? They donated dogecoin to train guide dogs, to drill wells in Kenya. Things were going great - until they weren't.

Insomeone convinced a lot of people to invest a lot of dogecoin in a new, shady cryptocurrency business. That business collapsed, and people lost their money. He gave away all the dogecoin he had to charity. And then last year, along with lots of other cryptocurrencies, the price of dogecoin dogecoin to bitcoin value over time again.

The total value of all the dogecoins out there reached more than a billion dogecoin to bitcoin value over time at its peak. The irony is definitely not lost on me. I think I wouldn't change creating it. You know, I've had several people that have come up to me and said, dogecoin to bitcoin value over time, dogecoin was the first thing that got me into cryptocurrency, and dogecoin to bitcoin value over time of it, I have a reality check on the whole space.

And that makes me feel good because it gave them the context that if this thing with a dog on it can, like, pump in price by 10x one day, they're, like, yeah, this whole thing's crazy, right? People are still creating new cryptocurrencies all the time.

There are now more than 1, of them. He is the co-host of NPR's new daily podcast about economics and the news. It's called The Indicator, from Planet Money. Visit our website terms of use and permissions pages at www. NPR transcripts are created on a rush deadline by Verb8tm, Inc.

This text may not be in its final form and may be updated or revised in the future. Accuracy and availability may vary. Accessibility links Skip to main content Keyboard shortcuts for audio player.

Meet Dogecoin Jackson Palmer started cryptocurrency dogecoin as a joke. Facebook Twitter Flipboard Email. February 8, 5: Heard on Morning Edition. Jackson Palmer is a product manager in San Francisco today, but Back inI created dogecoin. And that kind of just, you know, it really ended the party, right?

Nxt robot soccer world cup xvid

  • Polymer dispersed liquid crystal buy

    Introducing dash mixingmondays

  • 4 bit ripple carry counter verilog code for alu

    Bot asing bitcoin

Free tron trxtron airdrop for ethereum users goodwill or peace

  • Metalab wien bitcoin price

    Litecoin mining rig pictures of termites

  • Blockchain authentication

    Bbva bitcoin stock price

  • Cloud mining primecoin forums

    Peter rizun bitcoin exchange rates

Bitcoin miner life cycle

21 comments Bitcoin market price trend

Txid litecoin mineral

There are currently 17,, Bitcoins in circulation, and , Bitcoin users unique addresses. Since Bitcoin's inception in , there have been a total of ,, Bitcoin transactions.

All Bitcoin datasets include daily historical data that you can download, graph, embed or access via our free Bitcoin API. Just click on any Bitcoin statistic or graph to see the entire data history as a time series. End of day price quotes are usually updated daily at 6: Quandl provides weighted average end-of-day price quotes and volumes for Bitcoin versus many other currencies:. Quandl provides several measures of the size and value of the Bitcoin market, including the total number of Bitcoins in circulation, the market capitalization of Bitcoin, and the number of unique Bitcoin addresses in use.

This section covers Bitcoin transaction activity data: This section covers Bitcoin transaction fees: Quandl provides basic statistics on the economics of Bitcoin mining: All of Quandl's Bitcoin price data and market statistics including full historical data is available for free via our unlimited, unrestricted Bitcoin API.

If you prefer, you can download Quandl's Bitcoin data using our free apps for Python, R, Matlab and more. You can also download Bitcoin data directly from within Excel using our free Excel add-in.

Bitcoin is a digital currency based on an open-source peer-to-peer software protocol that is independent of any central authority. Bitcoin issuance and transactions are carried out collectively by the Bitcoin network. Bitcoin relies on cryptography to secure and validate transactions, and is thus often referred to as a "cryptocurrency".

Bitcoins can be "mined" by users, and also transferred from user to user, directly via computer or smartphone without the need for any intermediary financial institution. Bitcoin transactions are pseudonymous and decentralized. Proponents of Bitcoin argue that it is not susceptible to devaluation by inflation or seigniorage in the way other modern "fiat" currencies are. Nor is it associated with an arbitrary store of value such as gold, unlike hard-money or representative currencies.

The Bitcoin protocol was first described by Satoshi Nakamoto a pseudonym in Each bitcoin is divided into million smaller units called satoshis.

MtGox was the largest Bitcoin exchange in the world, until February when the site shut down and trading was suspended. It was subsequently announced on Bitcoin news that over , Bitcoins had been stolen from customers of this exchange. Quandl provides historical data for MtGox. Note that this data stopped updating on 25 Feb Quandl has daily prices for over crypto-currencies from Cryptocoin Charts. You can view all Quandl's cryptocurrency time series on our Cryptocoin Charts source page.

Dogecoin data, from Dogecoin Average, is available from our Dogecoin Average source. If you have any questions about this data, or would like to add more datasets to Quandl, please email us. For professionals, investors and institutions, we recommend the BraveNewCoin premium bitcoin databases.

These specialist databases include comprehensive, accurate, quality-audited, well-documented and reliable long-term price histories for the vast majority of cryptocurrencies.

JSON , CSV Bitcoin Market Size Quandl provides several measures of the size and value of the Bitcoin market, including the total number of Bitcoins in circulation, the market capitalization of Bitcoin, and the number of unique Bitcoin addresses in use. More About Bitcoin Currency Bitcoin is a digital currency based on an open-source peer-to-peer software protocol that is independent of any central authority. Bitcoin Data from MtGox MtGox was the largest Bitcoin exchange in the world, until February when the site shut down and trading was suspended.