Quote from: Mjbmonetarymetals on June 07, 2014, 09:30:42 AM

Quote from: Joe_Bauers on June 07, 2014, 02:43:52 AM

Quote from: lynn_402 on June 06, 2014, 11:14:39 PM

Yeah, it's sad to see how divided and pessimist the cryptocurrency community can be.
We should never wish for the demise of another coin, instead we should focus on our primary goal: the demise of fiat!

I fully support and applaud any good that has been done in the name of dogecoin. Like the fiat world, good is done on a daily basis, even though the general system is inherently corrupt.

I believe however that dogecoin was planned and released by those looking to PRESERVE fiat though a well calculated attack similar to:

The tulip initiative

1) Release cryptocoinclone based on silly meme and work to immediately discredit and mock Bitcoin concept as a whole. Slowly ingrain in general populace concept that, like meme, cryptocoins are overall silly joke/fad that by nature must eventually fade away. TULIPS TULIPS TULIPS. Number one target of course for attack being Bitcoin.

2) Use global corporate marketing juggernaut to promote "meme"coin in every possible forum: Print, web, radio, TV, and most importantly, social media. Establish a "cool" factor for "meme"coin and watch/allow PWOM (positive word of mouth) snowball effect to take over.

3) Direct initial propaganda toward those unaware of Bitcoin or alternatives. Increasingly direct attack toward those most likely to latch on to "get rich quick" schemes. Once "real world value" (fiat) is lost in "meme"coin market, PWOM will reverse. Negative feeling will trickle from "meme"coin to all cryptocoins. Bitcoin concept will start to be looked upon by general populace with malice. Fiat, more than ever feels like safe haven to initial "meme"coin adopters.

4) Flood market with clones of clones of clones to continue the effect of #3, which has added benefit of simultaneously discouraging true innovation due to market supersaturation.

5)...

The few devs that have created the majority of the altcoins were in effect Bitcoiners, wasn't the huge influx of altcoins simply a response to Litecoin's price rise from a few cents to $5+

Divide and conquer - make altcoiners look moronic by introducing hundreds of coins and have them go around in circles chasing their tails this forum section should be all the proof you need to see its been pretty successful. Grin

basically what you said is correct.. except the results varied -