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Great post.
Theres nothing wrong with stacking monero either.
I stack both. and nothing else.
Discussion
Why miss out on doggie coin ROI?
not interested in trying to time the market
What does that have to do with it? I just wouldn't skip stacking the asset that's had the strongest ROI of any I know of in the 11 years it's existed
i dont believe in the fundamental use case of doggie coin
so at some point it will languish and die
and I would have to sell it before that time to reap any ROI
"time the market"
How do you "believe in the fundamental use case" of Bitcoin but not doggie? What reasoning could you possibly have for that? I seriously can't imagine your train of thought there. It's like saying you "believe in the use case" for a pony, but not a horse. There would have to be something about the horse that makes it worse than the pony for the same purpose, instead of better, but there isn't anything obvious.
no significant number of people are going to choose doge over Bitcoin.
if they want a cheap and easy MoE they will use Monero.
I know you're not a chat bot but you're acting like one. I don't know what "cheap and easy MoE" is but it isn't a response to me saying it doesn't make sense to ignore the asset with the highest ROI. Monero has underperformed Bitcoin in the same time period, not over performed it, so "cheap and easy MoE" clearly isn't maximum ROI, it's a random and confusing subject change.
Not sure why autocorrect can accept "underperformed" but not "overperformed" on the first try. That type of thing is annoying when nostr doesn't have edits
Would also edit to recognize the mention of ROI isn't directly the post being replied to here, it's just that the ROI was directly mentioned in the context so it doesn't make sense to randomly bring up whatever "cheap and easy MoE" is as a reason using the strongest-performing currency isn't a valid use case for one's choice of currency
you dont understand the conversation.
i dont care about doge because i dont see the use case.
the SoV usecase is already occupied by Bitcoin. its absurd to think anyone will choose doge.
and there's no plausible case to be made that doge will become a MoE either.
so no usecase.
but i know that gambling is fun. knock yourself out
How will any significant number of people choose something they have probably never heard about and can’t get on an exchange?
oh you mean monero?
it already has pretty good name recognition and they will learn how to get it p2p.
10 more years.
it will move faster and faster as bitcoins lack of privacy erodes its censorship resistance.
This seems like you don't understand that most Monero users don't stack it, we swap it with other currencies and hold it temporarily because its supply isn't as auditable as others
1. How do I not understand the conversation?
2. I already asked how you see the use case of Bitcoin but not doggie coin. Your response sounded like you have not noticed me mentioning doggie coin's ROI, even though my whole point has been that you shouldn't ignore the asset with the best ROI. Now you're repeating the opinion that you don't see the use case of doggie coin, so I ask again, how do you see the use case of Bitcoin but not doggie coin?
3. What do you mean about it being absurd to think anyone will choose doggie? Are you saying "will" literally, as in future tense, as in people are done adopting it now? Or are you saying "will" rhetorically, as in you can't believe anyone has ever adopted doggie coin and you can't handle thinking about its market performance compared to Bitcoin?
4. What is MoE and what does it have to do with anything I'm saying?
5. When you say "gambling is fun" do you mean something I'm not getting, or is that just a weak gaslighting attempt?
1. you dont understand the conversation because you dont seem to understand that SoV and MoE are generally accepted usecases. Selling in the future for fiat ("ROI") is not.
2. if I have to explain the usecase of Bitcoin for you, I'm not interested in this conversation.
go do your own research elsewhere.
3. Im saying people en masse will nkt keave bitcoin and move into using doge for anything. thats should be obvious.
4. MoE is a usecase thst might cause USERS to adopt one thing over another.
5. Seeking fiat gainz (ROI) is gambling. Its a popular pastime.
1. I still don't know what MoE is but ROI is return on investment, not a future trade, and exchanging currencies isn't called "selling" in the English I'm used to, so this explanation of how I don't understand the conversation is just you using a couple terms you don't understand and one I don't understand, but it doesn't get me any closer to seeing something I'm supposedly missing about the conversation.
2. I didn't ask you to explain the use case of Bitcoin. Again, you said you don't "believe in" the use case of doggie coin, so I asked you to explain your position, since you do believe in the use case of Bitcoin, which appears to have the same use case but with a tighter supply cap in exchange for the horrible tradeoffs of worse transaction speed, worse transaction affordability, and potentially worse ROI.
3. The way you rephrased it here doesn't sound like you're clarifying that you mean people are suddenly done adopting doggie coin now. It sounds more like the other option, where you can't believe anyone has ever adopted it and you don't want to think too much about it.
4. So when you said "cheap and easy MoE" you meant "cheap and easy thing that might cause users to adopt oke thing over another" but what about people who want maximum ROI instead of a cheap and easy reasoning for their choice? It still seems like you're refusing to grasp the basic point here.
5. Again, ROI stands for "return on investment." I'm not sure where you get your ideas of what it means
*one
It sounds like this all boils down to you confusing ROI with some kind of trading strategy
It's basically just the measurable results of any attempt to convert present value into more future value
ROI just means
you buy a thing at a price point
you sell it at a different price point
you time that sale so the difference is the highest positive number possible
its gambling and i dont have time for that.
people USE Bitcoin for stuff.
MoE is "medium of exchange"
ie they buy shit with it.
nobody USES doge for anything.
your entire "use" is simply getting more fiat in the future.
which is fine,
i just personally dont care.
So you're saying this whole conversation boils down to you misunderstanding the term ROI.
You have it wrong. Buying something to sell it later is called "flipping." ROI is just the measure of results in any attempt to convert value at one time into more value at a future time.
And people use doggie coin plenty. Just because Bitcoin maxis run more online stores and stuff doesn't magically cancel out the existence of the doggie coin ones, for example
and I already addressed this point at the very beginning of this increasing hellish thread.
you just didn't understand.
nostr:note16sxy5g72cqhez3gruv6atrysrmhdjsx93f55tgrd070jews9h2kqzq4n0h
I didn't "just not understand," I told you I didn't know what MoE stood for and it didn't seem relevant, but you still kept going back and forth with me about it without explaining it until the end.
Whole thread would have been easier if you just explained what you were trying to say and didn't reply on me trying to guess what MoE stood for and what you thought ROI meant
yawn
another crypto bro who thinks a USD number is "value"
cya
I didn't say anything about Uncle Sam Dinobux (USD)
Why are you acting like a chat bot?
What does USD have to do with the context you're replying to?
jfc dude
ROI is denominated in USD
all prices are dominated in USD
quit trying to seem clever.
In your last reply you were accusing me of thinking a USD number is value, now you're saying you believe you can force me to denominate everything in USD. Which is it, moron?
Your follow list is full of dollar brained fuckheads and you're the one acting like one here. If you followed me, you'd know I don't denominate shit in USD. I denominate things in doggie coin, but that doesn't work when comparing crypticurrencies, so I denominate cryptocurrency ROI in precious metals, as seen in any posts I've ever posted about the topic, such as these, which I'm posting as njump links because one of them seems to be having a hard time loading in nostrudel -
you can personally denominate goods in whatever you like.
its got fuckall to do with anyone else.
the Unit of Account for the world is USD.
that doesnt change because you do division.
You're the one that accused me of thinking a USD number is value, and then tried to tell me "ROI is denominated in USD" like your own obsession with USD reflects on me.
Why are you so incapable of admitting fault?
i know facts are hard.
its very simple.
ROI is measured in USD.
*you said that is an increase in value.
*i think worrying about ROI is fiat gambling.
You measuring ROI in USD is your problem, not mine.
You gambling for USD is your problem, not mine.
Snap out of this bullshit trance. Learn to admit fault.
You've made this extremely difficult to read with the way you are sharing it and replying to the shared posts and whatever but from what I can tell you live in some kind of bubble where USA is the only country and nothing else exists. You do understand other countries exist with their own currencies?
Lol it reminds me of when I was working at the bakery and an American tried to pay with his USD money.
I guess making your cash so fragile is probably good for inflation.
I know a guy in real life that uses the dogecoin like for tax avoidance type stuff, he uses it to buy gift cards, gift cards for pretty much anything, grocery shopping online games utilities etc.