Topic: Bitcoin trending down. Dogecoin trending up. (Read 5844 times)

I heard that doge just had a fork, what happened since then? 

Care to elaborate?

Doge is the Jerry Lewis of coins. Nobody takes it seriously. It is always considered a sidekick to Bitcoin. Nobody thinks it's funny anymore, except the French.


*Apologies to Mr. Lewis, I still think he's a little funny, but I'm half-French.

I still betting in doge marketing, but 2 things makes me uncomfortable... wealth distribution, miners reward.

Regards google apple stokes/mak.cap .. ask your self why  theses stokes is about $1000 and microsoft is $37 ..

This is absolutely, one-hundred precent, in your head.

It's posts like this that make it almost impossible to tell whether it's the work of an ultra-troll, or someone that's been paying so little attention to the situation that it's almost unbelievable.

Copy a system that was already in place? gtfo. You're either trolling for a rise, or you're just completely clueless.

Far too many more powerful people who will be taking that role? Bitcoin's trading value may tank, it may be regulated out of existence, etc., but you just clearly don't understand the bitcoin model.

A doge thread without meme ain´t worth shit!
GO DOGE GO!!!!

Doge coin has no cap, it will be subject to inflation based on the new specs, no more 100 billion limit. But it is far from a joke, it is becoming very successful in its own way. The devs themselves said that they are not trying to have it compete with serious investment coins like bitcoin, they want to keep the price low and stable so it can become a popular tipping utility on the internet, and that's exactly where it's going.

Lol at OP saying bitcoin can't be valued at $10,000... there are only 21million coins, it doesn't have a price limit until it replaces all of global wealth.

Lol at paper currency disappearing and all fiat becoming digital... yeah ok good luck shifting everyone over to that plan within our lifetime. No internet = no form of payment.


Have you ever heard of stock splitting? Lol at comparing google shares to bitcoin's price like it's apples to apples. First of all Apple and Google's market cap is far greater than bitcoin's... and that will probably change
because a GLOBAL currency should have a higher market cap than a company.

Thankfully bitcoin doesn't have any bugs. 

Did you read the news? The clone has issues with a bug fixed a year ago by bitcoin ))))))))))

Trust these guys? devs? LMAO
https://github.com/dogecoin/dogecoin/issues/250
Even a duck fight is more productive

So you've managed to read the headline! Congrats! Much wow!

I've read all these replies, and to be honest there's alot of speculation here being touted as fact. No one knows the future, I mean how likely did it seem for bitcoin to be worth the amount it is right now in the beginning? I remember back when people were under the impression that it had no inherent value, which is plausible because it's not backed by anything of real worth; yet, it's value increased solely by virtue of the value people attached to it.

The value of bitcoin could tank or it could go further up, the same as Dogecoin, the future is undetermined. So the common phrase, "don't put all your eggs in one basket" rings true for me here. Considering that Dogecoin is a small investment in comparison to bitcoin, it certainly appears less risky, a small amount of money could potentially give hefty gains later on, if not no big deal. I believe this is the mentality of alot of people buying into dogecoin right now.

Lastly, I personally see Dogecoin and Bitcoin as two completely different markets. Bitcoin with its emphasis on limited supply gives the impression of a store of value somewhat akin to gold hoarders. Whereas DogeCoin with its yearly increase in supply will rather act as a currency people will be willing to use and transact with on a daily basis much like regular fiat currency.  Both have their pros and cons...

Well , I can't agree with you on the last thing.
The doge creator is known for not having a clue about what the variables were supposed to mean. He has mistaken those for months and suddenly decided that is better with an uncapped coin rather than a capped one , like he originally thought he has created.
With this , and the amount of hardforks this coin gets , i'm sure that by 2015 we will have more than 5 trilions doge and a 10% inflation , to please the crowd , more coins such wow etc.

The situation will get even worse over time.  Doge was designed with an incredibly steep subsidy drop off.  50% of coins were mined in the first month.  75% will be mined in the first couple months.  99%+ in the first year.   Someone getting involve in doge in 2015 would be like someone getting involved in Bitcoin in 2108.    The first block subsidy was up to 1M coins (random).  Less than a year later it will be a fixed 1 coin. 

Loved that.
Besides , I would think we should focus more on the problem that doge creates , transforming the whole crypto system in a laughing joke.
Bitcoin has just got ridden of a lot of ponzi scheme and drug coin accusation , and now , this. ((

It isn't that Bitcoin solves a different problem it is that is solves it better.

How many merchants accept Bitcoin, how many accept Doge?  How many well run, highly capitalized solution providers like BitPay are building infrastructure around Bitcoin?  How many around doge?  Building large scalable businesses requires capital.  How many private equity offering for companies that build Bitcoin related services have happened vs doge?  I think you get the point.

There is something called the network effect and no passing a few pennies between users isn't a network effect.  Bitcoin is still in the infancy but the number of merchants willing to accept it is growing.  As long as it is growing the network effect will grow with it.  When an Overstock, Wordpress, or even Kongregate starts accepting Doge you might have a point.  Does this mean Bitcoin is the one currency to rule them all? No.  I think it is possible superior alternatives will either co-exist or replace Bitcoin but they will need to be truly superior alternatives.

Your logical fallacy would be like me inventing a totally incompatible cellphone called a dogephone and this dogephone works just like a cellphone except the only people you can call is other people who have a dogephone.  Most of the people on the planet, have no interest in getting a dogephone because their cellphone works just fine.  When you point that out to me I say "what problem does a cellphone solve that Dogephone does not?"  It is a logical fallacy because while the answer may be none, it is a completely meaningless answer.

No, I don't have those aspirations about any crypto - you do. Now I'm really done with this, let's just see what happens and report back a year from now.

And you think doge coin will bring equilibrium and wealth redistribution.
Top 100 Richest Addresses    22,185,998,666 DOGE ($31,353,896 USD) 43.45% Total
Top 100 Richest Addresses    2,634,329 BTC ($1,681,655,602 USD) 21.24% Total

Quote from 'Wallstreet' "the rich have been sticking it to the poor since the beginning of time." Bitcoin isn't going to change that, sorry. By the time we have a crypto as the world currency you can bet the same bastards who own everything now will own that.
Basically I give btc a very small shot at being worth $10k someday, I give Doge a bigger chance to reach a penny. Doge does not need btc to succeed, fiat currency and doge will trade easily soon. That's all, I'm done with this discussion - Doge may be worthless in a couple months but I really doubt it - if it is I'll mine the next harmless but useful coin that takes it's place.

Serious and Dogecoin in one phrase. And you don't see anything wrong with it ? ))