Interesting. But I don't see that happening. The general course that I see is more people mining, and instead of total mining dropping off, people simply switching to more stable currencies. The influx of miners will be more net good than the abandonment of shitcoin mining.
+1 for bail-ins and wealth taxes being more "likely" than "possible". I'd say it's almost a certainty. The only real question is "when". I'd hazard a guess that we'll see them sometime before the end of 2017.
It's my second month since I joined crypto world. Already finished dry powder buying cheap coins. Nowdays just collecting giveaways. Am I joined this community too late? How would crypto world look like after 10 years?
It's not too late. This is just the beginning. Those that put in time now will be ahead when crypto goes mainstream.
what's with the reserved posts by random people. I mean I get the concept of the OP reserving 1-2 slots right after his initial post but random people reserving.. that's just silly.
Some people have nothing going for them in life.
It makes them feel special / important / useful / notawasteofoxygen to say "reserved"
I imagine many of them sound like this IRL: "HURRRRRRRRRRRR".
Just seems like spray painting "I was here". Meh... Whatever.
DOGE is itself such a meme. It proves how much GPU power such memes can whip up almost overnight. So it demonstrates the vulnerability of all GPU mined coins that have as little hash power as it does or less.
-MarkM-
You still haven't explained why Doge's initially viral nature makes it less legitimate than Bitcoin, nor what makes you believe that another coin based on a meme would simply sweep away Dogecoin's audience.
He did. Hashing power secures the coin. He said that right off the bat.
The sheer massive volume that DOGE has in such a short time shows how vulnerable many scrypt coins are. ASICs secure a coin. This is in part why Quark is a bit silly.