Analyzing DOGECOIN's marketing strategy:
No I wrote that they got the initial boost for being the first to trying micro-tipping, but that micro-tipping is fundamentally flawed as a paradigm, thus as the initial hype fades and everyone who has tried micro-tipping now realizes it is just a one-time delusion that can't be repeated.
Thank you for sharing your assessment. To be brutally frank, it dodges the main question and it's too uninformed an explanation to be useful (I don't consider pundits’ opinions to be authoritative) but thank you for making the effort. It has to be obvious that an “initial boost” cannot be currently sustaining the strong performance two years down the road so we're right back where we started.
But that's just my peccadillo, staying focused on the awkward questions and trying to understand what the answers might mean.
Please read the last linked document in my original quote:
The mass delusion was fueled by that Ponzi scammer Alex Green and his huge tips. But he was using that marketing gimick to take more money from investors in an unsustainable scheme that declared bankruptcy.
Yeah if you give users the impression they can change the world with tipping, then they will adopt it with a passion because
people really do want to believe. But the reality was it is economically impossible to change the world with micro-tipping (read the research scientists explanation such as Nick Szabo from 1996) and Alex Green took their money and made huge tips thus furthering the mass mania bubble "we can change the world". But Green was just manipulating the users and investors in an unsustainable, uneconomic delusion.
As for why it continues to have some trade on exchanges, some people still don't understand the above and still have hope that they can change their world. Thus it is reasonably possible someone can do the same scheme again and the deluded users will once again come back for sloppy seconds and hand their money over again to the scammers.
It is conceptually in terms of HOPE, no different than the delusions speculators have with handing their money over to the insiders in all the altcoin projects.
So to be clear
the marketing strategy of DOGECOIN was HOPE (and even the so called marketing guru Palmer can't articule it that succinctly). And this a very powerful human emotion and can drive delusion and mass manias.
And now you will understand I am an astute marketer, as well as an
out-of-the-box economist, and an expert multi-decades of experience programmer who has coded (all by myself!) and marketed software to adoption by 1% of the internet population. Not very many people have all three of those talents combined. I may not be the absolute best at any one of those, but I am in roughly on the order of the top 10% in each (maybe top 1% in some narrower facets).
What I am really good at intellectually is drilling down to the generative essence of an issue. I can find and state
the succinct generative essence.
So to be clear the marketing strategy of DOGECOIN was HOPE
Wrong, try again.
If you read the research on why micro-tipping is uneconomic for humans, you will understand that masking HOPE in the delusion of GENEROSITY (and other memes about better society) has the underlying generative essence of HOPE.
Edit: and you are certainly a prime B-lister (all elbows and acrimony) example of being deluded by HOPE and not using sober, detailed analysis.
Edit#2: so the best marketing strategy would be the one that fostered HOPE, yet was not a delusion and could actually effect world change!
So to be clear the marketing strategy of DOGECOIN was HOPE
Wrong, try again.
If you read the research on why micro-tipping is uneconomic for humans, you will understand that masking HOPE in the delusion of GENEROSITY (and other memes about better society) has the underlying generative essence of HOPE.
Edit: and you are certainly a prime B-lister (all elbows and acrimony) example of being deluded by HOPE and not using sober, detailed analysis.
Edit#2: so the best marketing strategy would be the one that fostered HOPE, yet was not a delusion and could actually effect world change!
Come on, a self-proclaimed genius ought to be able to figure this out. You are still wrong about why Dogecoin was successful. Hint: It has nothing to do with micro-tipping.
Instead of playing hide & seek, you could just tell us your opinion. After all, it is only your opinion until you prove or convince. That is why we share here.
One might argue that users of DOGE felt a sense of participation, empowerment, and cooperation, e.g. that some programmers could chip in and create bots for micro-tipping to various social networking. In other words, that it wasn't all controlled by some core developers. Thus a sense of community purpose. Again I think this all derives from the HOPE fundamental.
The cute dog was a symbol of love and the ease of doing good, juxtaposed to the overly serious, corporatism (which is even present in Bitcoin). Again all derives from the core emotion of HOPE.
I think perhaps what you are thinking at is that DOGE was perceived as an undervalued asset relative to Bitcoin. And so you may be viewing from the "mine the speculators" marketing strategy. Again that has proven to be a P&D unsustainable strategy, except perhaps in the case of Litecoin which for various reasons has served as a hedge or alternative to Bitcoin economically (e.g. GPU miners transitioned to Litecoin when Bitcoin got ASICs).
And enough about this nonsense about me being a B lister. I know that I am a B lister (actually I am probably a C or D lister at best.) It is you that is delusional in thinking that you are an A lister. You tried running with the big dogs as "AnonyMint" in the Bitcoin development subforum, but the true A listers picked your half-baked ideas apart. So, you tucked your tail, changed your name, and retreated into the alternative cryptocurrency subforum far away from the true A listers so that no one would be able to point out how dumb your ideas are.
You still apparently haven't understood that the B-lister aspect is stalking me around in every thread so you can try to attack me. It has nothing to do with whether I or you are correct on some issue. We are all free to share and argue our positions here, and in an adult manner devoid of ad hominem noise and focused on eliding the facts from our sharing.
Again I urge you to raise your contribution to the A-lister level and focus on sharing instead of throwing your toys in a temper tantrum because you don't like that I post a lot and defend my logic (until someone convinces me I am incorrect).
Instead of getting to the point, you again have succeeded in filling up another thread with drivel and flaming noise. Make your point. If your point is about me, then
there is another thread specifically for that. Don't spam every thread with your off-topic jealousy about me. If you think you can be a better spokesman in the community, then go for it. Prove it. Rather B-listers just complain.
My job is not to educate you TPTB, you can figure out why Dogecoin was a success on your own. You have still yet to come to the correct conclusion. It is not my fault you post in every thread and claim to be a know it all on every subject. I was posting in the altcoin subforum on every thread long before you came along. I was simply pointing out that you are incorrect about why Dogecoin was successful. I have no interest in educating you as to the right answer.
Also, you can stop playing the victim and crying about "ad hominem" bs. I was very civil with you until you started quipping your ad hominems toward me... everyone knows what I'm talking about here because it is the way you speak to everyone as if everyone is inferior. You are the definition of a grumpy old man (I could elaborate but I will try to be nice and stop there.) Furthermore, I am annoyed with you passing off your opinions as factual statements, or basing factual statements on opinions, which amounts to FUD. You attack every cryptocurrency without being able to deliver a solution. Those that can't do spam internet forums. I know that to be true, that is why I am here spamming myself.
This subforum is not called "altcoin technical discussion", it is called "altcoin discussion". Sorry, I do not want to spend 1 week month reading all of your posts, the rantings of a lunatic rather, just so I can figure out what you're talking about. You are angry I'm not explaining my point in this thread to you, but you fail to realize it is the same thing you do when you say "read my thread" as if it isn't a trillion words long.
Of course not, you are making it obvious to every reader that your job is to spend your time making a fool of yourself by wasting everyone else's time reading about how you hate me. As if that helps anyone here. It is extremely selfish to subject all the readers here to your private vendetta against me.
So after all, we see you were just bullshitting. As usual.
Afraid to put your idea to the test of peer review and scruntiny or don't have an idea just bluffing.
State your idea about DOGE, or it didn't happen. Period.
So after all, we see you were just bullshitting. As usual.
No, I am sincere in the fact that micro-transactions is not the reason for Dogecoin's success. In fact, I question your intellect if you truly think that is the reason for Dogecoin's success.
Duh. That is also what I am pointing out.
So after all, we see you were just bullshitting. As usual.
No, I am sincere in the fact that micro-transactions is not the reason for Dogecoin's success. In fact, I question your intellect if you truly think that is the reason for Dogecoin's success.
Duh. That is also what I am pointing out.
That is the definition of backpedaling, which you are certainly a master at because you are never wrong.
There is no backpedaling. It is an inability of yours to comprehend that I wrote that micro-tipping was just a(n uneconomic) gimmick and that the underlying marketing strategy was HOPE (and its various derivative memes of generosity, sense of community purpose, etc).
