Post
Topic
Board Bitcoin Discussion
Merits 2 from 1 user
Re: High transaction fees
by
BlackHatCoiner
on 07/05/2021, 08:05:38 UTC
⭐ Merited by The Pharmacist (2)
If that makes sense to you , great
It does make sense to me and I get why that kink for dogecoin, from your side, but there's something that is missing from every other altcoin:  None of them has the first mover advantage.

Besides that, I notice a huge marketing manipulation from dogecoin.

44.51% of dogecoins are owned by 10 whales and 20.60% of dogecoins are owned by large investors, which means that 65% of the dogecoins are owned by these entities. I wouldn't call Dogecoin "for the rest of us", it looks rather an investment to me. In fees, it may be better than Bitcoin, but is it seemingly better? Nah. There may be better cryptocurrencies in the future, but none of the creators will convince you to switch from the first mover. It's just phenomenally impossible.