Quote from: lynn_402 on August 07, 2014, 05:42:20 PM

Quote from: bitcoincal on August 07, 2014, 04:48:26 PM

Quote from: thatguy3 on August 07, 2014, 02:11:44 AM

Quote from: bitcoincal on August 07, 2014, 01:44:47 AM

Quote from: thatguy3 on August 07, 2014, 01:34:21 AM

Quote from: bitcoincal on August 07, 2014, 01:31:39 AM

The problem with Doge is that it has no apparent functional utility in comparison to the other alts.

So then why are people using it more than the other altcoins?

Because there's a lot of coins to be thrown around.

That's the fun of doge, being able to transact in these large denominations seemingly without worry that you're losing anything.

I use Doge often to exchange because it easy to get and it's highly fungible, that doesn't mean I believe in it's model or future value.

You just listed one of Dogecoin's utilities.

It's current utility (as crypto pocket change) is why many are not stoked about its future. What happens when it becomes easier to transact in smaller denominations of a crypto that's not flooded with a hundred billion coins on the market?

It still won't be the same. It can be confusing and seem silly to people to have to deal with BTCs, Bits, mBtcs, satoshis, and etc. while Dogecoin without denomination is a perfect amount for tipping, plus it has already established a good tipping culture on Reddit, Twitter, and Facebook.

There is an utility in it, but the worth of a crypto currency doesn't need to be in the millions to achive this. This is an inherent problem, leads to a bad store of value and a high dilution through inflation.