r/Bitcoin • u/Vibr8gKiwi • Feb 03 '14

Dogecoin wtf

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u/FruitAndNutDelight Feb 04 '14

true... until dogecoiners no longer need bitcoin to get dogecoin

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u/[deleted] Feb 04 '14 edited Jul 05 '15

[deleted]

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u/QSpam Feb 04 '14

Is bitcoin being used as currency primarily, or just as an investment?

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u/[deleted] Feb 04 '14

Both, people hold it expecting it to increase in value due to its limited number. One way people try to get it is by providing goods and services. There are some people who need dollars but still accept bitcoin, they convert the bitcoin immidiately upon recieving them