{"id":36321,"date":"2021-02-12T10:21:04","date_gmt":"2021-02-12T08:21:04","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=36321"},"modified":"2025-08-29T05:45:23","modified_gmt":"2025-08-29T02:45:23","slug":"dogecoin-cofounder-explains-how-he-got-rid-of-his-coins-in-2015","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/dogecoin-cofounder-explains-how-he-got-rid-of-his-coins-in-2015\/","title":{"rendered":"Dogecoin cofounder explains how he got rid of his coins in 2015"},"content":{"rendered":"<p>Dogecoin cofounder Billy Markus published an open letter in the r\/dogecoin subreddit in which he described selling his coins and his attitude toward new price records.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Huh, the moderators of r\/dogecoin deleted my post without any explanation. Bizarre.<\/p>\n<p>Anyway, if anyone was curious and didn\u2019t see it, I reposted it here: <a href=\\\"https:\/\/t.co\/ph0YoGUswG\\\">https:\/\/t.co\/ph0YoGUswG<\/a><\/p>\n<p>\u2014 Shibetoshi Nakamoto (@BillyM2k) <a href=\\\"https:\/\/twitter.com\/BillyM2k\/status\/1358996509610577920?ref_src=twsrc%5Etfw\\\">February 9, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>Markus stressed that he is not currently affiliated with the Dogecoin team. He said that in 2015 he left the project and sold his cryptocurrency holdings for an amount equivalent to a used Honda Civic.<\/p>\n<p>On the date of writing, <a href=\\\"https:\/\/www.edmunds.com\/inventory\/srp.html?inventorytype=used%2Ccpo&#038;make=honda&#038;model=civic&#038;pagenumber=3&#038;year=2010-2017\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">the average price<\/a> of this make of car (model years 2010\u20132017) with mileage is around $15,000.<\/p>\n<blockquote>\n<p>\u201cMy mother is really struggling to pay for the house and will probably lose it. If I hadn&#8217;t messed up with crypto investments years ago, I could have helped her,\u201d wrote Markus.<\/p>\n<\/blockquote>\n<p>Earlier the developer stated that he left the project \u201cdue to harassment from the community.\u201d<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">guys, i sold all my doge in 2015 after getting laid off and freaking out about money. in total i made about enough to buy a used honda civic.<\/p>\n<p>i left the project over 7 years ago due to harassment from the community, and now i\u2019m being harassed again. please consider this.<\/p>\n<p>\u2014 Shibetoshi Nakamoto (@BillyM2k) <a href=\\\"https:\/\/twitter.com\/BillyM2k\/status\/1355694247526035458?ref_src=twsrc%5Etfw\\\">January 31, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>In the letter Markus noted that he does not understand talk of a rally to $1 or the coin\u2019s market capitalization approaching the level of large American companies. He called the true value of Dogecoin the community and its potential \u201cdo good.\u201d<\/p>\n<blockquote>\n<p>\u201cPump and dump, rampant greed, fraud, unscrupulous participants, hype without research, taking advantage of others \u2014 all of this is useless [\u2026] Joy, kindness, education, empathy, fun, community, inspiration, creativity, generosity, frivolity, absurdity \u2014 that is what makes Dogecoin valuable to me,\u201d said the developer.<\/p>\n<\/blockquote>\n<p>Adobe Systems employee Jackson Palmer and Billy Markus created Dogecoin in 2013. Later a conflict arose between them. Both founders left the project.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"bCNulM4Kbs\">\n<p>What is Dogecoin (DOGE)?<\/p>\n<\/blockquote>\n<p><iframe loading=\\\"lazy\\\" class=\\\"wp-embedded-content\\\" sandbox=\\\"allow-scripts\\\" security=\\\"restricted\\\" style=\\\"position: absolute; visibility: hidden;\\\" title=\\\"\u00abWhat is Dogecoin (DOGE)?\u00bb \u2014 ForkLog\\\" src=\\\"https:\/\/u1f987.com\/cryptorium\/chto-takoe-dogecoin\/embed#?secret=lXMCxUA709#?secret=bCNulM4Kbs\\\" data-secret=\\\"bCNulM4Kbs\\\" width=\\\"500\\\" height=\\\"282\\\" frameborder=\\\"0\\\" marginwidth=\\\"0\\\" marginheight=\\\"0\\\" scrolling=\\\"no\\\"><\/iframe><\/p>\n<p>In late January 2021, Dogecoin <a href=\"https:\/\/u1f987.com\/en\/news\/dogecoin-enters-the-top-10-cryptocurrencies-by-market-capitalization\">entered the top-10 by market capitalization<\/a>. The coin\u2019s pump was urged by members of the Reddit community r\/SatoshiStreetBets on Reddit.<\/p>\n<p>As of writing, the price of the cryptocurrency stood at $0.067. In the market-cap ranking, Dogecoin ranks 12th with a market cap of $8.58 billion, according to CoinGecko.<\/p>\n<p>Earlier the coin was supported by American rapper <a href=\"https:\/\/u1f987.com\/en\/news\/dogecoin-climbs-41-in-a-day-to-a-fresh-high-aided-by-snoop-dogg\">Snoop Dogg<\/a>. In February the founder of Tesla <a href=\"https:\/\/u1f987.com\/en\/news\/elon-musk-buys-dogecoin-for-his-younger-son\">Elon Musk<\/a> and billionaire <a href=\"https:\/\/u1f987.com\/en\/news\/mark-cuban-buys-dogecoin-for-his-11-year-old-son-for-educational-purposes\">Mark Cuban<\/a> said they bought the cryptocurrency asset for their sons.<\/p>\n<p>Developers <a href=\"https:\/\/u1f987.com\/en\/news\/dogecoin-developers-resume-development-as-prices-hit-records\">resumed work on the code<\/a> and pledged to monitor security.<\/p>\n<p>Subscribe to ForkLog news on <a href=\\\"https:\/\/www.facebook.com\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">Facebook<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Co-founder of the Dogecoin cryptocurrency Billy Markus published an open letter in the r\/dogecoin subreddit in which he described selling his coins and his attitude toward new price records.<\/p>\n","protected":false},"author":1,"featured_media":36322,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[99],"class_list":["post-36321","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-dogecoin"],"aioseo_notices":[],"amp_enabled":true,"views":"66","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/36321","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=36321"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/36321\/revisions"}],"predecessor-version":[{"id":36323,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/36321\/revisions\/36323"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/36322"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=36321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=36321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=36321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}