Yeah, it's sad to see how divided and pessimist the cryptocurrency community can be.
We should never wish for the demise of another coin, instead we should focus on our primary goal: the demise of fiat!
I fully support and applaud any good that has been done in the name of dogecoin. Like the fiat world, good is done on a daily basis, even though the general system is inherently corrupt.
I believe however that dogecoin was planned and released by those looking to PRESERVE fiat though a well calculated attack similar to:
The tulip initiative1) Release cryptocoinclone based on silly meme and work to immediately discredit and mock Bitcoin concept as a whole. Slowly ingrain in general populace concept that, like meme, cryptocoins are overall silly joke/fad that by nature must eventually fade away. TULIPS TULIPS TULIPS. Number one target of course for attack being Bitcoin.
2) Use global corporate marketing juggernaut to promote "meme"coin in every possible forum: Print, web, radio, TV, and most importantly, social media. Establish a "cool" factor for "meme"coin and watch/allow PWOM (positive word of mouth) snowball effect to take over.
3) Direct initial propaganda toward those unaware of Bitcoin or alternatives. Increasingly direct attack toward those most likely to latch on to "get rich quick" schemes. Once "real world value" (fiat) is lost in "meme"coin market, PWOM will reverse. Negative feeling will trickle from "meme"coin to all cryptocoins. Bitcoin concept will start to be looked upon by general populace with malice. Fiat, more than ever feels like safe haven to initial "meme"coin adopters.
4) Flood market with clones of clones of clones to continue the effect of #3, which has added benefit of simultaneously discouraging true innovation due to market supersaturation.
5)...
You're assuming in this that Dogecoin users are anti-Bitcoin. We're not. Many of us started with Bitcoins and thought that the concept of cryptocurrencies was incredible, and that it could impact the world in many ways. We just don't believe that having one universal currency is viable; it makes sense to have a currency for each community, whose value grows with the growth of the community - it's the same reason why USD is not the sole currency of every country. I, for one, consider that Bitcoin is the best coin for large transactions and store of wealth, but Dogecoin is more fun to actually use because it has built this whole ecosystem around it that is quite different from what any coin has ever done.
And we've had no "global corporate marketers" on our side, all of the publicity came from action in which we collectively engaged.
And point #4 makes no sense, the dogecoin developpers were not involved with any other crypto.
Let's not have a war between our ranks, Dogecoin is not trying to steal a part of Bitcoin's market cap, but rather to introduce people to cryptocurrencies as a whole through an ecosystem and community that is accessible to all.
At best dogecoin was a sheep herding exercise; at worst an intentional attack on bitcoin. Apart from using a lame meme and huge corprorate juggernaut resources for promotion, what innovation did doge provide?
Answer == none
Dogesheep response: Fuck you, our coin is such wow awesomeness. It is much woof!
My response: Fuck you slave sheep, doge was a scam and you were a greedy fuck moron for embracing it. You're the reason we can't have nice things.
Thanks!
+1
a community of wolong-dick-suckers. now he has pulled out and bagholders lost 55%. You think cryptocommunity will buy it back to old price? No, you need to find wolong and suck his dick again so he can pump it up again for you.
Or have patience and wait for organic growth when the real demand (more than a few pumpers) will be higher than the supply so the price will go up?