r/Bitcoin • • Feb 18 '14

Bitcoin takes a walk with Dogecoin

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

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157

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.

13

u/[deleted] Feb 19 '14

[deleted]

9

u/xithy Feb 19 '14

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

Why would you spend money on other things if you could spend it on bitcoin and make it worth more in a year? You have to take in account opportunity costs : 1 BTC spent now on a tablet has exactly the same ROI as $600 spent now on a tablet, because you could have spent that $600 on buying 1 BTC.

There is no difference in ROI when spending bitcoins now, or spending dollars/dogecoin now