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How Dogecoin changed my perspective on cryptocurrency

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31–40 of 173 posts

Re: How Dogecoin changed my perspective on cryptocurrency

#32
post #6

Does "Dogecoin was began" make sense?

Might be a regionalism, or I might just suck at writing. I wondered that upon a re-read, but decided to leave it because I couldn't tell.

"was begun" or "began" would be the correct usages I believe. FWIW, "came into existence" or "started" seem like they'd fit nicely there :)

Re: How Dogecoin changed my perspective on cryptocurrency

#33

There is one other aspect here I find very interesting, and it has to do with the efficient market hypothesis. The fact that people are buying Dogecoin simply because it is a fun internet meme kind of flies in the face of people who still view the price of financial assets as mostly rational, value-based prices, that can be deconstructed along the lines of asset-based valuation, financial ratios, available informatio…

Dogecoin is a good, not a medium of exchange. Why do people buy iPhone apps? iPhone apps don't even have resale value.

Re: How Dogecoin changed my perspective on cryptocurrency

#35

There is one other aspect here I find very interesting, and it has to do with the efficient market hypothesis. The fact that people are buying Dogecoin simply because it is a fun internet meme kind of flies in the face of people who still view the price of financial assets as mostly rational, value-based prices, that can be deconstructed along the lines of asset-based valuation, financial ratios, available informatio…

The fact that people are buying Dogecoin simply because it is a fun internet meme kind

I think the point is that people do not buy Dogecoin because it's fun in itself but because it's the currency of fun, in other terms, their currency. "Their" meaning "a slice of the population" as a country is a slice of the population too. "Before", currencies were determined by geopolitic, now it's up to the people proximity in the wider sense. It's not happened yet but that's what the success of Dogecoin suggest.

Re: How Dogecoin changed my perspective on cryptocurrency

#37

Personally I think Dogecoin is hilarious. I put together a guide for anyone that is interested in playing around with it. http://cryptojunky.com/blog/2013/12/19/getting-started-with-... Regardless the intention of Dogecoin, it seems to be working as an introductory cryptocurrency for a lot of new users. Can't tell whether or not it will stick around yet, but I've heard a lot of responses from users saying it is the f…

I think one of the reasons Dogecoin is working so well as an introductory cryptocurrency is because it's all being done for a laugh. A lot of the most vocal people in the other currency communities are out to promote their mining pools or attract money into their favorite alt-coin, which turns off newcomers by giving the whole thing an air of carnival barking.

Re: How Dogecoin changed my perspective on cryptocurrency

#38

There is one other aspect here I find very interesting, and it has to do with the efficient market hypothesis. The fact that people are buying Dogecoin simply because it is a fun internet meme kind of flies in the face of people who still view the price of financial assets as mostly rational, value-based prices, that can be deconstructed along the lines of asset-based valuation, financial ratios, available informatio…

Dogecoin is a good, not a medium of exchange. Why do people buy iPhone apps? iPhone apps don't even have resale value.

except they do have a resale value.

Re: How Dogecoin changed my perspective on cryptocurrency

#39

Earlier quoted context omitted.

Dogecoin is a good, not a medium of exchange. Why do people buy iPhone apps? iPhone apps don't even have resale value.

except they do have a resale value.

Try reselling Angry Birds.

Re: How Dogecoin changed my perspective on cryptocurrency

#40
post #32

Earlier quoted context omitted.

Might be a regionalism, or I might just suck at writing. I wondered that upon a re-read, but decided to leave it because I couldn't tell.

"was begun" or "began" would be the correct usages I believe. FWIW, "came into existence" or "started" seem like they'd fit nicely there :)

Changed. If /u/dogecoinbot worked here I'd tip you. ;)
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