Quote from: wazzujoel on January 31, 2014, 08:44:50 PM

Quote from: jerrypages7 on January 31, 2014, 07:23:30 PM

Quote from: texaschainsaw54 on January 31, 2014, 06:09:24 PM

buy: Doge
Mine: Doge

Can somehone sincerely say why this coin is of any interest ?

I do not understand the added value of a coin with a dog on it ! It is just unbeleivable.

This can not be serious, this can not last.

Yes I can. First - Let me ask you a rhetorical question - Why do any of these coins have value? We are using supercomputers to calculate dummy data that literally serves no purpose, yet for some absurd reason people find value in them. From this perspective society should give this whole idea a huge slap upside the head. Anyways, im done with my soap box rant, so let me provide you my real answer to value.

1. BTC has value and is the safest because it is the standard conversion currency for all crypto-currency. It is the USD of the crypto world, and if something ever happened to make it's value be zero, every single other currency would instantly be 100% worthless.
2. Value of a coin is 100% dependent on market demand of that coin. Why do people want it? This is very text book supply and demand.
A. The biggest factor in DOGE's value is the community. Probably the largest active community. They love their coin
B. There are online stores where you can spend your DOGE for stuff... like an XBOX1.
C. The confirmation times of DOGE coin are fast, so it can actually be used to buy stuff quickly unlike BTC/LTC
D. World news stations are covering it because the community is sending people to the Olympics and stuff

So that's why. I actually think DOGE coin is probably the most valuable coin out there. If I was picking one coin to put all my faith in... It's DOGE for the reasons I just said. How about you tell me why you dont think it is worth anything of value.

BTW - In case you wanted to tip for my advice, my DOGE address = DTGmiJLnn1r941s4Rb2JNjttTXt7Ht2BnY

+1 for you. I must admit community is a real factor in a coin success. DOGE has indeed a broad community.

I do not hate no coin, I do not say it does not worth for nothing I am just trying to figure out which ones are the best to invest in. As a rather old school guy I am very sceptical with the minimalist concept around DOGE coin (except the broad community: once again, here you are right). Maybe I have to change my point of view !

In the meantime I made a deal with the BitCommoditiz guys (bought 1,000 of their "XAUz" for a small fraction of BTC). I like their concept.

jerrypages7

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