> The dogetipbot website emphasized that the service was always free. Yet, somehow Mohland believed his creation could support a business model. He tried to get investors, but who would want to invest in dog meme tokens with no path to monetization?"
> “Very lies, such betrayal, WOW.”
> Now, Dogecoin will likely meet the fate of other altcoins, such as Titcoin, Auroracoin, or Namecoin. The greedy holders have no reason to ever divest, so the currency will be kept alive by the weird true believers in some godforsaken corner of the internet, where forgotten botnets and graphics cards mine blocks for the benefit of no one, until all the wallet passwords are finally forgotten. Though the currency began as a spoof of crypto culture, it was the same greed and delusional idiocy that has plagued more serious ventures like Bitcoin that struck the final blow.
- SiaCoin: Free market cloud storage
- Lisk: Decentralized Javascript appsMarkets with low liquidity are terrible at price discovery. Price in a prediction market is (if we believe in the concept) directly tied to how likely a prediction is to be true.
1. Tezos (not part of ethereum ecosystem) 2. Golem (part of ethereum) 3. Litecoin (they are pioneering the lightning + SegWit protocol first, before BTC, the price could rise dramatically if it's a success) 4. Dogecoin (this one is just fun and has been a cult classic since it came out, don't recommend anyone buying, just fun to add it to the list, much wow)
Disclaimer: I own no position in the above nor am I affiliated with any of them. These are just my opinions.