Why do you even bother posting financial stuff? <--retorical
I hold a stake in both bitcoin and dogecoin and it interests me. I'm just trying offer my speculation and I knew that it wasn't going to be popular because my speculation is bitcoin is trending down. I get the feeling from reading around here for some time that people expect that it's going to bounce back up to the $1200 and continue on up "to the moon" as you like to say. I just don't see it. If Apple's stock or Google's stock or Facebook's stock isn't worth $10,000 a share I don't see any reason why bitcoin should be worth $10,000 a coin. Wishful thinking IMO.
It's been my observation that when bitcoin goes down, dogecoin goes up. It appears investors flock to dogecoin during bitcoin drops and drive the price up only to flock back to bitcoin once the drop is over. That was the reasoning of my thread subject. As bitcoin continutes to decline like I think it will, dogecoin will probably end up going up. What makes dogecoin different than the other 100 something cryptos (aside from bitcoin and litecoin) is that it is extremely popular. Just like bitcoin bulls love positive media attention, so do other crypto bulls and dogecoin has received a lot of positive media attention. It's certainly not on the level of bitcoin yet, but I don't see why it couldn't honestly. It might have started as a joke, but do you think a $71 million market cap is a joke now? It seems pretty legit to me. That's why I diversified my crypto portfolio. Just like a savvy investor would any stock portfolio. To me it just seems like a good idea. Hold a little of each ya know?
Oh really , infinitecoin , and what's so special about this one?