Opinions on DogeCoin?

11-10-2017, 09:04 PM

Faded Wrote: Most are no name businesses which probably won't even survive for long and what's the point of using LTC if I can use BTC?

Because LTC is a cryptocurrency, none the less that BTC is. It's way easier for a person to buy LTC than it is BTC. It's a lot safer aswell, because buying BTC you tend to see minimum caps set on how much you HAVE to buy, and for some, that's a bit pricey. Whereas the caps for LTC are not as pricey.

As for the 'no name' businesses, that's not true. well known VPN providers, torrent sites, and hosting services accept a wide range of crypto currency as it's begining to become the norm.

Would you put all your money in one individual bank? No. And that's what they're doing. They're spreading their "eggs" into multiple baskets. A lot safer, and allows a variety of users, who are concerned about privacy, to donate in their method of choosing.

11-10-2017, 09:08 PM

Widget Wrote: Because LTC is a cryptocurrency, none the less that BTC is. It's way easier for a person to buy LTC than it is BTC. It's a lot safer aswell, because buying BTC you tend to see minimum caps set on how much you HAVE to buy, and for some, that's a bit pricey. Whereas the caps for LTC are not as pricey.

As for the 'no name' businesses, that's not true. well known VPN providers, torrent sites, and hosting services accept a wide range of crypto currency as it's begining to become the norm.

Would you put all your money in one individual bank? No. And that's what they're doing. They're spreading their "eggs" into multiple baskets. A lot safer, and allows a variety of users, who are concerned about privacy, to donate in their method of choosing.

Fair enough.

Dogecoin is what we call a meme coin. It has no real use besides being an alternative bitcoin coin. Some people do accept it but it won't be valued much because bitcoin is the more wide used and exactly the same alternative.

DogeCoin used to be kind of popular, although had no development upgrades so it's slowly crashing again.

I think it's boosted by them reddit boys so it has a chance, but I don't know how viable that is in the long run

09-10-2017, 01:22 AM

King_Wailord Wrote: I've heard that the crypto-currency Doge-Coin is actually alright for making some $$, opinions from any of you miners out there?

Shitcoin tbh. Way better altcoins to take a look at. omg, neo, eth, etc.