Anyone have insight on this? Thanks.

Quote from: mikezweighaft on December 26, 2013, 12:03:06 am

Neither of us knows what will happen in the long run. For now I am investing because it makes sense to me to do so with the price so cheap. The potential payoff is very large so the risk:reward is too good to pass on. The meme aspect of doge does not have to be a reason it will fail. Memes come and go all the time, yes, but a currency based on a meme is completely new. You could classify it as a fad now, and it the future it might fail or it might not. We will see.

You're welcome to do whatever you want with your money, but you've got to admit the future is much shakier for Dogecoin than it is for Bitcoin at this current moment in time, I don't agree with that. Bitcoin is  the winner here obviously, but Litecoin arguably a winner too and it differentiates itself from bitcoin with an algorithm that allows for 4x faster transactions (with a better name than BTC's SHA-256), and 4x more in supply planned.  Dogecoin's planned 100 billion supply is 1190x larger than that of litecoin. Litecoin has gotten into the 30's on its most recent buying mania - this bodes well for doge's future as it is still very new. The popularity of the coin has grown at a viral pace, and that is something that is really bullish to me. Whatever you think will be the ultimate fate of doge will be, if it's going to fail, it's going to start failing from a much higher price. There is a speculation wave happening in doge, and it's going to happen regardless of your opinion on its ultimate fate. I don't need to know what it's going to do in the end. I'll just ride the wave of speculation up, and then get out when it breaks. I see a price of $1 per doge as being very doable by this time next year. and thus my concern is for introducing people to a comparably much less stable currencyDogecoin is not less stable than bitcoin in my opinion.it has wider daily % swings but that's because of its extremely low price.  People who can't invest in bitcoin right now are going to look for other coins with a cheaper price / higher supply. In my opinion the meme aspect of doge is fantastic. It's going to drive the price higher than most people think it will. It may have started out as a joke but now it's viral. Who's to say our money can't be light-hearted and fun? than the one actually in use by people for commerce right now.   If Doge fails, everyone you gave Doge to is left with a bad taste in their mouth about cryptocurrency, which I do not like.  I gave out small USD amounts. They are lottery tickets for them. Yes Doge could succeed, but chances are much better it will become old news after a few weeks and fade away like hundreds of altcoins before it.I'm not up to date on the history of altcoins, has there really been that many that went to zero?  You're only giving away Dogecoins because you want to avoid that fate, so the act is purely selfish. That is not correct. I'm giving doges out because I want my friends to have more money. I explain that they are like lottery tickets. With doge, I have a unique and rare chance to buy an asset for an extremely low present value and an extremely high future value. Bet small to make a lot. Risk/reward and the very fast growth pattern so far in doge is why I am bullish on it. If I am correct about it, I don't want my friends to miss out. I'm giving out tiny speculative investments. They can't spend it now because transactions are difficult. if my friend's 2500 doges go to $1 apiece, that is going to end up being a really really nice gift for my friend.

I have no problem with you acting in this way, but lets not dress it up as anything other than the self-interest that it is. It is generosity. The promotion aspect of what I am doing is not lost on me, but I am not doing enough of it to make a dent in the mass opinion about Doge. I'm being selective in who I decide to offer Doge to.

I was just familiarizing myself with Keyhotee. Are you fully set on that name? I have 2 domain names that could be interesting name choices to you. Personshares.com, which I registered May 20, and pershares.com, which I registered 5 minutes ago.
What do you think?

Hello everyone

In my opinion, the message that the crypto market is sending is that there is room for more than just bitcoin. Litecoin is gaining wider acceptance and I don't see any reason that trend can't continue. This is still a new market and no one knows who will be the winners in the end. Dogecoin has not proven itself to be a fad. It might have originated as a joke, but if it becomes popular and people transact in it, it will succeed. Why can't currency be something light-hearted as Doge is? As long as the technology behind it is solid.

I am new to the crypto market so take all this with a grain of salt, but I do know markets and I know that when price sends you a message, it pays to listen.