thunderjet
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February 26, 2018, 10:27:07 AM |
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DOGE annual inflation of 5% would not be such problem if it was not mined far too quickly.It was good for quick buck speculators but it devastated coin on longterm.
DOGE has some advantages in regard of number of processed transactions per hour,cheap transactions and if mining process was setup to last as it was for BTC,DOGE destiny would be far different.At least it would be in position which DGB has now,which took all the best from DOGE and eliminated the worst.
DOGE price in BTCs is bouncing in same range for years,unlike some others big coins.When you look at possesion structure you can see how DOGE was far more centralized than others so call big coins.It means that handful of people was able to grab majority of coins at very cheap price due to massive and very quick mining process and effectively took full control of coin,which gave them power to complete control price and pump/dump at will.
Even if some other players with a lot of money would like to overtake DOGE,they cant,because they can buy only about 5% of total supply on exchanges,far from enough to change DOGE fate.So,Iam very sceptical about DOGE future,unless today majority owner/s make deal with some other big players with greater plans to coin than just pump&dump and sell them coins off exchange.But it is highly unlikely.
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Neuron76
Jr. Member
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Activity: 31
Merit: 15
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February 26, 2018, 12:11:58 PM |
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DOGE price in BTCs is bouncing in same range for years
But that fact makes it good for short term traders, isn't it?
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no-ice-please
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February 26, 2018, 01:37:27 PM |
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I've been dogecoin since 2013. but the course is still very low. If I had bought btc then I would be millionaire today. that was a big mistake in 2013. and I think doge will never be worth more than 100-150 satoshi because there are way too many coins. that was a mistake of the DEV in 2014
That's nonsense my friend, huge nonsense. DOGE probably even outperformed Bitcoin relatively I think. Not sure where you bought in but DOGE was super cheap at one point, one figure million market cap, even close to one million. Imagine you bought during those times
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Angel Di
Sr. Member
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Activity: 588
Merit: 251
EVOS
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February 26, 2018, 02:36:07 PM |
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DOGE price in BTCs is bouncing in same range for years
But that fact makes it good for short term traders, isn't it? In the last few years I observe a tendency that the market of the total cost grows equally with all. All coins with a growth of the general capitalization grow. I think with the following growth it will be possible to see most too as was before. The question only to what price will be the following growth of dogs.
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thunderjet
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February 26, 2018, 06:59:22 PM |
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DOGE price in BTCs is bouncing in same range for years
But that fact makes it good for short term traders, isn't it? Not exactly for short term traders due to long pump/dump cycles.More for mid-term if they buy them at lower range prices.
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BitcoinBoy1337
Member
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Activity: 252
Merit: 11
OPEN GAMING PLATFORM
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February 26, 2018, 07:20:22 PM |
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DOGE price in BTCs is bouncing in same range for years
But that fact makes it good for short term traders, isn't it? Not exactly for short term traders due to long pump/dump cycles.More for mid-term if they buy them at lower range prices. well even short term traders can get their cut, since the cycles can vary
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no-ice-please
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February 27, 2018, 03:11:35 PM |
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DOGE price in BTCs is bouncing in same range for years
But that fact makes it good for short term traders, isn't it? In the last few years I observe a tendency that the market of the total cost grows equally with all. All coins with a growth of the general capitalization grow. I think with the following growth it will be possible to see most too as was before. The question only to what price will be the following growth of dogs. That's true to some degree but you shouldn't forget that not only the overall market cap grew, but also the number of projects on which the money invested is being spread out. I know we have a lot of new people every day coming into crypto, but we also have a huge number of new projects that ask for money.
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starmman
Legendary
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Activity: 1484
Merit: 1029
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February 27, 2018, 03:20:56 PM |
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Why do people worry so much about the supply?
It will take 20 years for the amount of coins to be doubled.
In this universe where nobody knows if its value can reach 10 cents or 1 dollar, how important is it that within 20 years dogecoin lose half of its value?
In other words, why should we worry about devaluation of 4% or 3% if we expect anual revaluations of 200 or 500%?
Completely agree - the unlimited supply will mean that DOGE will last for longer than most - see IXC which burnt its supply 4-5 years ago, its struggling to keep afloat
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vickypon
Newbie
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February 27, 2018, 05:21:16 PM |
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Why do people worry so much about the supply?
It will take 20 years for the amount of coins to be doubled.
In this universe where nobody knows if its value can reach 10 cents or 1 dollar, how important is it that within 20 years dogecoin lose half of its value?
In other words, why should we worry about devaluation of 4% or 3% if we expect anual revaluations of 200 or 500%?
+1000 Congrats
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BitcoinBoy1337
Member
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Activity: 252
Merit: 11
OPEN GAMING PLATFORM
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February 27, 2018, 06:00:40 PM |
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Why do people worry so much about the supply?
It will take 20 years for the amount of coins to be doubled.
In this universe where nobody knows if its value can reach 10 cents or 1 dollar, how important is it that within 20 years dogecoin lose half of its value?
In other words, why should we worry about devaluation of 4% or 3% if we expect anual revaluations of 200 or 500%?
+1000 Congrats More than true. Most people really can´t hold a coin for more than a month and bother about just a few %
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thunderjet
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February 28, 2018, 06:09:14 AM |
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It seems that DOGE is ready to dive hard again,probably to the middle of 40-ties.
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Neurak
Newbie
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February 28, 2018, 07:45:34 AM |
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Free 0.01BTC for new registered users (1 account only) who have made atleast one trade! - Create account
- Make atleast one trade
- Receive 0.01BTC within 24 hours!
Dogecoin Market Open!https://0xchange.io/trade/doge-btcOur Dogecoin order books have been opened and are starting to fill up, come and join us on our secure, fast and easy to use platform! Stay tuned for further currencies, promotions and updates. If you have any suggestions/feedback or need help flick us a PM! Tried a test deposit of 10,000 DOGE to check it out. Deposit was very fast, Bitcoin withdrawal a little slow but all worked perfectly would only suggest making withdrawal a little faster. Would still use with caution though. EDIT: Have not received free Bitcoin yet but will update after 24 hours.
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Viper1
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February 28, 2018, 07:48:19 AM |
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Free 0.01BTC for new registered users (1 account only) who have made atleast one trade! - Create account
- Make atleast one trade
- Receive 0.01BTC within 24 hours!
Dogecoin Market Open!https://0xchange.io/trade/doge-btcOur Dogecoin order books have been opened and are starting to fill up, come and join us on our secure, fast and easy to use platform! Stay tuned for further currencies, promotions and updates. If you have any suggestions/feedback or need help flick us a PM! Tried a test deposit of 10,000 DOGE to check it out. Deposit was very fast, Bitcoin withdrawal a little slow but all worked perfectly would only suggest making withdrawal a little faster. Would still use with caution though. EDIT: Have not received free Bitcoin yet but will update after 24 hours. Many reported this site a scam and you're here with your first post saying it's not. Yeah right. POS.
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BTC: 1F8yJqgjeFyX1SX6KJmqYtHiHXJA89ENNT LTC: LYAEPQeDDM7Y4jbUH2AwhBmkzThAGecNBV DOGE: DSUsCCdt98PcNgUkFHLDFdQXmPrQBEqXu9
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vickypon
Newbie
Offline
Activity: 36
Merit: 0
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February 28, 2018, 08:16:07 AM |
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Free 0.01BTC for new registered users (1 account only) who have made atleast one trade! - Create account
- Make atleast one trade
- Receive 0.01BTC within 24 hours!
Dogecoin Market Open!https://0xchange.io/trade/doge-btcOur Dogecoin order books have been opened and are starting to fill up, come and join us on our secure, fast and easy to use platform! Stay tuned for further currencies, promotions and updates. If you have any suggestions/feedback or need help flick us a PM! Scam alert......
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D3m0nKinGx
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February 28, 2018, 08:58:20 AM |
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Free 0.01BTC for new registered users (1 account only) who have made atleast one trade! - Create account
- Make atleast one trade
- Receive 0.01BTC within 24 hours!
Dogecoin Market Open!https://0xchange.io/trade/doge-btcOur Dogecoin order books have been opened and are starting to fill up, come and join us on our secure, fast and easy to use platform! Stay tuned for further currencies, promotions and updates. If you have any suggestions/feedback or need help flick us a PM! Scam alert...... must be a bot posting, the site is a scam, redirects to koinbi.com, this exchange is not functional, avoid at all costs!
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Neuron76
Jr. Member
Offline
Activity: 31
Merit: 15
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February 28, 2018, 10:03:07 AM |
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DOGE price in BTCs is bouncing in same range for years
But that fact makes it good for short term traders, isn't it? Not exactly for short term traders due to long pump/dump cycles.More for mid-term if they buy them at lower range prices. well even short term traders can get their cut, since the cycles can vary That's exactly what I've seen watching the DOGE/BTC curve. Pump/dump cycles sometimes last for weeks, and sometimes it jumps like 20-30 sats in several hours
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soliton
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February 28, 2018, 03:41:06 PM |
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DOGE price in BTCs is bouncing in same range for years
But that fact makes it good for short term traders, isn't it? In the last few years I observe a tendency that the market of the total cost grows equally with all. All coins with a growth of the general capitalization grow. I think with the following growth it will be possible to see most too as was before. The question only to what price will be the following growth of dogs. yeah. I will have also doubts though if the next peak doesn't happen as expected, hope to see the better value in upcoming months, 1 cent at least
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BitcoinBoy1337
Member
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Activity: 252
Merit: 11
OPEN GAMING PLATFORM
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February 28, 2018, 04:07:51 PM |
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DOGE price in BTCs is bouncing in same range for years
But that fact makes it good for short term traders, isn't it? Not exactly for short term traders due to long pump/dump cycles.More for mid-term if they buy them at lower range prices. well even short term traders can get their cut, since the cycles can vary That's exactly what I've seen watching the DOGE/BTC curve. Pump/dump cycles sometimes last for weeks, and sometimes it jumps like 20-30 sats in several hours everything gets faster with more people joining and new cash flowing in
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sabbir2world
Full Member
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Activity: 370
Merit: 101
Freedom is priceless
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March 01, 2018, 05:21:51 PM |
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Don't worry about the price guys!, This is how dogechain(blockchain) works!
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Neuron76
Jr. Member
Offline
Activity: 31
Merit: 15
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March 02, 2018, 07:49:35 AM |
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Don't worry about the price guys!, This is how dogechain(blockchain) works! Hilarious From now I have totally no worries BTW Guys, do you think it's time to buy now or should I wait more?
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