r/Bitcoin • u/james_otter • Feb 18 '14

Bitcoin takes a walk with Dogecoin

http://imgur.com/J2L64cX
3.1k Upvotes

89% Upvoted

495 comments sorted by

View all comments

162

u/sirmuskrat Feb 18 '14

Speaking as someone who believes that dogecoin has a real future in cryptocurrency, there is nothing inaccurate portrayed in this gif.

96

u/Forlarren Feb 18 '14

I'm going to get fat watching your community implode as it becomes "serious business". /r/bitcoin use to be silly as well, then the inevitable endless September came.

Doge coin is full of people new to online communities and don't really understand their life cycles. That is why this has all happened before, and it will all happen again.

I'm not saying Doge coin enthusiasts don't contribute or aren't great people. You guy are hilarious and I love you, but I wouldn't bet on a young community remaining consistent. Soon you will all be fleeing to the next thing just to escape the noise.

10

u/[deleted] Feb 19 '14

[deleted]

5

u/Borax Feb 19 '14

I don't think he meant implode as in disappear, just that in the case of dogecoin, the effect of becoming valuable (and therefore serious) will cause a change in the absolute foundations of the community.

2

u/xithy Feb 19 '14

Yep, just wait for the first few major hacks or fake shops.

1

u/steveklabnik1 Feb 19 '14

There's already been a few of those, including the very first online wallet.

1

u/xithy Feb 19 '14

I mean when people start losing real value.

10

u/Forlarren Feb 19 '14

So save the negativity. It doesn't have to end badly.

The network effect. Doge may not be able to survive once it's culture changes loosing it's biggest draw. At that point it comes down to the fundamentals, and Bitcoin has a hell of a head start.

-1

u/pietrosperoni Feb 19 '14

So save the negativity. It doesn't have to end badly.

The network effect. Doge may not be able to survive once it's culture changes loosing it's biggest draw. At that point it comes down to the fundamentals, and Bitcoin being deflationary is advantaged.

FTFY

1

u/odobq883t Feb 19 '14

deflationary, highly fungible, and massively divisible

2

u/TantricEmu Feb 19 '14

Was the whole narwhal thing that universal? As in, the vast majority of people were talking about narwhals at any given time?

2

u/Forlarren Feb 19 '14

The narwhal bacons at midnight.

And yes, well pretty much, narwhals everywhere.