Do you guys relies how absolutely ridiculous this dogecoin has made crypto's look? new investors looking into crypto for the first time, see this, and they walk away i can guarantee so hope the quick buck was worth it, i know a lot of investors, with a lot of money, and they have been monitoring the market caps of all the crypto's and they have lost interest completely, great work! these investors were about to pour 100's of thousands in, now there not.
And your point is? The reality is they were monitoring. That's like a person telling a salesperson, let me think about it. They never buy. Regular folks that never heard of crypto are becoming involved for the first time. That is worth 100's of millions for all the cryptos. You have to be able to see the big picture, long term. Even TV shows are beginning to talk about BTC to educate people. Let your friends keep their money, not needed here
![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
The norwegian IRS has now said they will tax profit from cryptos, or give tax exemption from loss, which again puts it even more in the eye of the media, so doubt it will be going away soon.
They only mention BitCoin, but will probably go after any successfull crypto. Interestingly enough
But which coins survive on the other hand...
Statement from norwegian IRS, in norwegian.
Coverage in Norwegian media.
Thread about this, and english translation
hereAs for investors, there are so many people entering and exiting the crypto market, doubt it would make much difference to dogecoin just yet if people you know didn't invest after all.
If they are risk averse, as your statement seems, they would have ignored the market anyway, since it is a very high risk market at the moment. (Going by fluctuations in exchange rates at coinwarz.com)
And if they are risk seekers, they would invest, as they would also see, as digitalradz said, that "normal" people are hitting on using crypto, making it a high risk, high yield proposition...
I just wish I started doing dogecoin a week or two ago... Much good, to the moon we go!