Ask HN: What are your thoughts on Dogecoin?

Re:Ask HN: What are your thoughts on Dogecoin? by UncleMeat on Friday January 29, 2021 @12:36PM (#25959962)

This is way more stupid than the GameStop hype. There is nothing behind dogecoin other than "wow, a lot of people are looking at meme stocks shooting to the moon off hype".

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Re:Ask HN: What are your thoughts on Dogecoin? by c0nducktr on Friday January 29, 2021 @12:41PM (#25960026)

I'm in agreement, but I've gotta admit I've missed out on a lot of money not following the dumb money lately. It's hard not to be frustrated when you see people making bank on this stuff.

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Re:Ask HN: What are your thoughts on Dogecoin? by rntksi on Friday January 29, 2021 @12:51PM (#25960159)

Classic Fear Of Missing Out in action. Don't worry, money not gained that way is not "money lost".

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Re:Ask HN: What are your thoughts on Dogecoin? by c0nducktr on Friday January 29, 2021 @01:04PM (#25960315)

Oh, yeah I know. It's just tricky to keep that in mind sometimes.

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Re:Ask HN: What are your thoughts on Dogecoin? by throwaway64643 on Friday January 29, 2021 @12:39PM (#25959996)

Well, at the end of the day, this is not more stupid than Bitcoin.

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Re:Ask HN: What are your thoughts on Dogecoin? by tinus_hn on Friday January 29, 2021 @12:42PM (#25960036)

Except it is; because the mining network for Dogecoin is much smaller than that for Bitcoin it is much less secure.

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