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Say what you will about Dogecoin the technology, the Dogecoin community is really something to behold.
by milesf 12y ago
Say what you will about Dogecoin the technology, the Dogecoin community is really something to behold.
- reitzensteinm 12y agoAnd with crypto currencies, the community is far more important than the technology (past a minimum bar that Bitcoin has set). Dogecoins are intrinsically valuable so long as people enjoy sending/trading with them, and there's a real possibility of it becoming a widely used internet tipping currency. I made a prediction here on Jan 14, 2014 that Dogecoin's market cap would grow faster than that of Bitcoin this year (or shrink slower). I wasn't comfortable saying it in public at the time, but it's actually going pretty well (much to my surprise): Dogecoin - $7.9m -> $35m for ~4.4x growth Bitcoin - $10.4b -> $5.7b for ~0.54 growth Relatively, Dogecoin has outperformed Bitcoin (in terms of market cap) by ~8.08x. Of course, since Dogecoin inflates more quickly, this isn't representative of the result of purchasing coins and waiting (IMO a good thing). https://news.ycombinator.com/item?id=7050037 https://news.ycombinator.com/item?id=7050037