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What happened to doge coin? (self.Buttcoin)

nissnpig5 が 投稿

one minute it was all the rage and was on track to become the number one alt-coin and now its market cap is relatively small and nobody really cares about it

so what happened?

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[–]KW160 8ポイント9ポイント  (4子コメント)

Like all memes, it ran its course and died off.

[–]sciencehatesyouSorry for your loss 1ポイント2ポイント  (2子コメント)

Along the way, though, there were some pretty awful stories, like the guy who put his wife's savings entirely into doge and lost it all.

[–]Walder_Hodlor 3ポイント4ポイント  (0子コメント)

Poor guy. I bet he is in the dogehouse now.

[–]nissnpig5[S] 0ポイント1ポイント  (0子コメント)

damn do you have a link to that story?

[–]river_of_karma 0ポイント1ポイント  (0子コメント)

wow

[–]happyscrappy 6ポイント7ポイント  (0子コメント)

People pretty quickly stopped seeing it as anything but another get rich quick scheme. The hodl jokes stopped being jokes.

And then once the vast majority of people were in it just for the money the coin started falling. And so those who were in it just for the money were no longer interested anymore.

And that was the end of it. Even though there was some maneuvering during the downslide, it doesn't really amount to anything worth noting.

It just operated like any other pump-and-dump IPO coin.

[–]Minsc__and__Boo 2ポイント3ポイント  (0子コメント)

It started as Bitcoin satire, and as the buzz around Bitcoin died, so did the propensity for it's satire.

RIP you beautiful fun buck.

[–]iamthecorninyourpoo 1ポイント2ポイント  (1子コメント)

Like all scams, it ran its course and died off.

EDIT: This is top ost in their subreddit right now. https://i.imgur.com/hjNUxJW.jpg

'nuff said.

[–]HovarTM 0ポイント1ポイント  (0子コメント)

How is it a scam if it never attempted to be anything beyond a joke.

[–]ummjackson 0ポイント1ポイント  (0子コメント)

Someone told me it was a scamcoin all along, apparently.

[–]worldnews_is_shit 0ポイント1ポイント  (0子コメント)

Dogecoin Founder Exits Crypto Community Citing 'Toxic' Culture

"All in all, the cryptocurrency space increasingly feels like a bunch of white libertarian bros sitting around hoping to get rich and coming up with half-baked, buzzword-filled business ideas which often fail in an effort to try and do so."

Calling it a "hotbed for scams", Palmer also expressed an overall fatigue at stories indicating that people have lost money. In tweets, he further expressed his love of the traditional payments service Venmo as well as for the ecosystem as a whole, suggesting he still sees long-term value in the underlying technology.

"Those charges merchants incur on traditional credit card payments? They exist for a reason, and that's insurance against fraud protection," he continued, adding:

"I like the idea of being able to reverse charges if my bank account is ever compromised, personally."

http://www.coindesk.com/dogecoin-founder-bitcoin-toxic/

Will be taking an extended leave of absence from the toxic (and quite frankly, stagnant) space that is cryptocurrency.

https://twitter.com/ummjackson/status/591271730875793408