when a clone can compete with its parent with no conceivable advantage, this is very dangerous indeed for the idea of digital scarcity. this is very troubling.
Dogecoin is far more popular than Peercoin, it's been pretty much determined to climb up.
It does actually have great advantage: popularity.
Basically Peercoin has no marketing...Nxt cannot suffer the same faith...we have to adopt Dogecoin marketing best practices.
doge needs marketing because it has no substance. we dont need marketing because we do have substance. granted we need to communicate the relevant facts about nxt in a calm and orderly fashion to those who are not aware of those facts. i suppose you could call that marketing. but this is what marketing means to doge,
http://www.youtube.com/watch?v=H3oiThw2RxE this we absolutely do not need.
+1
When the doge bubble pops, it will be catastrophic. The doge price is unsustainable because doge doesn't offer any advantages over bitcoin.
I wouldn't be too sure about that. I predicted DOGE will replace LTC in marketcap and could even rival BTC. The network effect is very powerful and lasts for many years. Years in crypto is like decades in the real world. There are plenty of TV shows that really should not be made, but yet year after year, they make it and it makes money.
People have gotten used to spending DOGE vs. hoarding BTC and speculating with it. Of course there are DOGE speculators, myself included, but even when they arent getting olympics coverage the price is relatively stable. That is with a daily inflation rate of more than 2%. So the DOGE market cap grows by 2% if the price stays the same.
Certainly not a straight line up, but DOGE vs PPC no contest. DOGE vs LTC is a more even match, but the shiba much power
James