That's fine, I don't think you have any evidence for your position though. You could easily make the opposite argument that Doge is basically a marketing campaign for BTC and will bring in more investment dollars than it sucks away. It's not zero sum.
Re:Crypto crash deepens, stocks slip
by Swenrekcah on Wednesday May 19, 2021 @06:47PM
(#27215490)
Why would BTC need a marketing campaign? Isn’t it a value store? Or was it a currency? Or is it perhaps a bubble of nothingness that actually would need a marketing campaign?
I have put about $1000 into various cryptos as a hedge, but I fully expect to lose it all and the day can’t come soon enough.
Saying something acts as a marketing campaign != saying it needs a marketing campaign, I'm not sure how you made that leap..
My point is that Doge doesn't necessarily take cash inflows away from BTC, describing a possible mechanism for the opposite phenomenon, not that anything needs a marketing campaign.
Dogecoin means more to me than BTC. Good luck convincing me, or those that share my belief, otherwise
If I put $500 into either, it'd be Doge.