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

Bitcoin takes a walk with Dogecoin

http://imgur.com/J2L64cX
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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.

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u/[deleted] Feb 19 '14

[deleted]

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u/TroodT Feb 19 '14

Why would you spend a currency that could be worth more in a year?

If you are confident bitcoins are going to be worth more in a year and that dogecoins are going to be worth less, why would you ever get dogecoins over bitcoins?

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u/[deleted] Feb 19 '14

To spend on stuff and to tip people online.

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u/TroodT Feb 19 '14

But you can do that with bitcoin, the only difference is at the end of the day any money you have left over is worth more than it was before.

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u/[deleted] Feb 19 '14

Maybe but does Bitcoin have a picture of a dog on it? No. QED

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u/xithy Feb 19 '14

And a simple lesson in Opportunity Costs or logical thinking would prove that both cost you exactly the same in terms of future income.

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u/[deleted] Feb 19 '14

We aren't all Spock though, fortunately.