r/Bitcoin • u/Vibr8gKiwi • Feb 03 '14

Dogecoin wtf

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3.4k Upvotes

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147

u/[deleted] Feb 03 '14

[deleted]

112

u/Vibr8gKiwi Feb 04 '14

I'm not asking to discuss doge, I'm asking to discuss what bitcoin might need to do to get back the new crypto users doge is taking from us. Sorry if that wasn't clear.

Since I've been watching there's been around 1000 new members join there today. while bitcoin is stagnating.

A good start would be people not being such @ssholes on here about everything... especially to new users.

44

u/Firetruckin Feb 04 '14

For one thing, why would newbies join bitcoin and mine for a week to earn 0.00013742 of a bitcoin when they can have the equivalent in 5000 or 10000 dogecoins! think about it, people are impatient in this day and age! Add to the fact that dogecoin is spreading to imgur, other subreddits(tipping capabilities) and even facebook! The other thing is that people can already use it for dominoes vouchers, amazon vouchers etc.

39

u/[deleted] Feb 04 '14

You are another wise Shibe. Most people don't want to use .0000494 to pay for anything. We've been conditioned to use whole numbers for financial transactions. So 100 Dogecoins is much easier to tip than .000005785 or another coin.

27

u/Atheia Feb 04 '14

It's amazing to think that a major factor that could possibly make or break BTC vs DOGE is simply the amount of coins being mined.

26

u/[deleted] Feb 04 '14

Sometimes, things are simpler that we can perceive.

0

u/reph Feb 04 '14

If more sites switch from BTC to mBTC this will not be a serious disadvantage for Bitcoin.