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Comment by jmuguy | Hacker News Reader

I switched from mining LTC to Dogecoin today. Feels good to get 100s of coin an hour compared to 0.002 LTC. So yeah small numbers and all that.

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This is a little absurd. It's like hearing that people living near the beach just started using shells as money all of a sudden. Except without even the inconvenience of physical shells.

Human beings are generally a little absurd. You can try to ignore it, or you can try to take advantage of it.

Dogecoin is doing the second.

We're all humans here... I think

The Lotto is "absurd" but I still play it when it reaches those ridiculously high levels. Spending[1] $400 on CandyCrush is "absurd". The $999 iOS app "I'm rich" was "absurd". The idea such a thing as bitcoin, from an anonymous dev, somehow reaching $1,000 each is "absurd" .....but here we are. :)

As much as I thought Dogecoin was ridiculous, I now know that I better go get some... just in case.

1. http://www.insanee.com/update/wtf-2/400-bucks-on-candy-crush...

"The idea such a thing as bitcoin, from an anonymous dev, somehow reaching $1,000 each is "absurd""

That's not absurd at all. Might be absurd to you if you are absurd though or not good at Math, like lots of other humans apparently are.

Heh, okay. So I take it you're a millionaire because when you first heard of bitcoin you were like "That's a great idea!!!" and minded/purchased millions of them. Or if you missed that train, you got onboard Litecoin when it was less than $5... or Namecoin when it was less than a dollar but shot up to $15 during November 2013....

Not a millionaire in USD because even though I did hear about Bitcoin very early and I did think "That's a great idea!!!" (I was lucky enough to have studied a bit of cryptography just before hearing about Bitcoin), I wasn't able to buy much because I live in a country that suffers one of the very problems Bitcoin was created to fight (capital controls). Using my laptop to mine was out of question, losing it would have meant also losing my job and become homeless, so it wasn't a risk I could afford to take. Having said that, I'm way wealthier than I could have expected to be at my age and general situation, thanks to Bitcoin.

Litecoin wasn't a great idea, just a copycoin. It wasn't even innovative on the scrypt part, they just copied Tenebrix and changed the branding. So it's the same crap as Dogecoin.

Namecoin is a great idea, and we definitely need to decentralize the web, but I don't see it taking off soon.

Whether a copycoin's price goes up a lot or not does not tell us anything about whether it was a great idea or not. You seem confused on that part.

Good for you. Enjoy your money.

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