For fun, I created a robinhood account and bought $500 of dogecoin this morning. Up 30% so far today. It will take several days for the $500 to be fully credited, but you can trade anyway. Amazing. Much better so far than my 2 shares of GME that I bought for $250/share.
interesting...what makes something like Bitcoin so much better than something like DogeCoin. Is Bitcoin designed better to handle transactions, etc?
DOGE one minute block intervals - no limit and can mine forever and thus stay worthless. Bitcoin has a limit, don’t remember the interval, but it’s finite.
Looked into how to buy Dogecoin - for a friend.. Crypto purchasing and storing (not in the sameplace) has some low hanging fruit problems to solve. I can't be bothered. https://www.reddit.com/r/dogecoin/comments/l7np1m/how_to_buy_dogecoin_in_5_easy_steps_in_5_easy/
I don't use Reddit much and the WSB reddit is a mess, IMHO. What I did see was a lot of naive "retail" investors completely confused by the simplest market fundamentals. I feel bad for them. The whole GME saga ended up as a classic pump-and-dump scheme masquerading as economic justice.