Quote:
Originally Posted by Raekwon
H&L what is your take on DogEcoin? I feel that its a quick fad and I should dump all I have but its an odd duck forsure.
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If Dogecoin somehow becomes a standard currency of tipping on Reddit, the memesphere, etc. then it might have some staying power.
Since Litecoin prices crashed, a lot of miners are bailing on that and jump to other currencies. I think that accounts for the growth of this one.
Most minor cryptocurrencies are fads and don't last more than a weeks or two in terms of being highly profitable before it gets flooded with miners or abandoned.