yermom
Member
Offline
Activity: 98
Merit: 10
|
|
October 09, 2017, 07:14:22 PM |
|
Not for me - I think that limiting the total number may actually be worse, the no limit makes DOGE different to most other coins and is a USP, this will encourage growth even after all BTC are mined, currently the number of coins are limited to around 5% per year and rewards decreasing as difficulty increases. I dont think there will be a hyper inflation with DOGE - as more people adopt to using the coin >5% per year will be minimal and ensure the blockchain can always move.
Having no mechanism to control currency supply is really not ideal and 5% per year should not be underestimated. If there were services that could be used by burning DOGE, there is a higher chance of reaching a good balance.From an investor's point of view, DOGE would not be the ideal choice. But this is not to say that DOGE is only serving investors' interests. It rather aims at mass adoption and that goes hand in hand with investors' interests, but only to some degree should the supply never be limited. For me it doesn't matter - I invested into DOGE knowing it was inflationary, and that is factored into the market cap - I've worked pretty closely with the guys at IXC which was (I think) the first fully mined out coin - now its pretty difficult to keep interest in the coin and the block chain going. DOGE is one of the coins (come 2030+) which wont have the issue of supply running out, who will want to mine for 0 reward. I think the diminishing reward over time makes good sense, inflation will be around 3% by this time. The only way forward would be to increase the transfer fees to keep the chain moving - one of DOGE's best points is the low fee. Looking at the long game - I personally think it will be more of a help than a hindrance, the diminishing returns will have a major advantage over a lot of the fixed PoS coins. You know, it is not that I would really disagree with you. I like the points you make, but I was just suggesting that services which provide some sort of currency issuance control would be really helpful. Services that use DOGE and burn the currency or something. Having a constant increase of the supply with no limits seems not reasonable. As for the fact that everything is priced in, I think people are more cryptocurrency investors than economic model investors at this point in time. And I even count myself into that category. Who of us really knows how these things are going to play out? We all try to come up with smart thoughts, but it is still difficult to assess the situation overall. DOGE is cool and great, I won't argue about that, I am just not sure whether the economic model makes long-term sense (same counts for BTC). Well,the point is, you're speaking of centralization. That's not the path. And FIAT is going to have much more inflation than Doge, so no prob. In another vein, too many trolls newbies lately, isn't it? besides my loved easyrimka
|
|
|
|
passteque
Member
Offline
Activity: 84
Merit: 10
|
|
October 09, 2017, 07:20:29 PM |
|
I love doge! this man is a genius
|
|
|
|
theman25
Newbie
Offline
Activity: 58
Merit: 0
|
|
October 09, 2017, 07:25:39 PM |
|
I love doge! this man is a genius
I agree with you, doge is a good coin
|
|
|
|
JK47XdeCrypT
Newbie
Offline
Activity: 42
Merit: 0
|
|
October 09, 2017, 07:32:47 PM |
|
Dogecoin needs more focus from devs again - to rebuild the community. Hope we find some people to come together and revive Doge to become the TOP 5 crypto :8
|
|
|
|
item-ax
|
|
October 09, 2017, 08:49:00 PM |
|
There will be no more DEv... Are you blind ?
|
|
|
|
rodyw
|
|
October 09, 2017, 09:09:51 PM |
|
doge will 10$ in december, trust me , buy
I think the odds of Bitcoin reaching $10000 in December are greater then Doge reaching $10.
|
|
|
|
UnknownX
|
|
October 09, 2017, 09:30:43 PM |
|
What happened with DOGE, why the price dropped to the floor, I did not expect the price could reach only 24 satoshi, when I bought 30,000 doge last July with the price of about 112 satoshi so I lost a lot of money.
I usually buy DOGE when price is 32sats or lower - if I were you I'd buy some whilst the price is low and hold out for another rise. Not sure how much further the price will drop (or if it will), but the price now is pretty good Good advice! I think DOGE won't drop below 17 sat, so it's great time to buy DOGE. I've bought a lot at 20 sat, don't want to miss my chance. In my opinion DOGE will be above 30 sat next month.
|
|
|
|
McKane
Sr. Member
Offline
Activity: 350
Merit: 250
IF PROBLEM WITH MY TRUST THEN BRING AN ESCROW.
|
|
October 09, 2017, 09:33:57 PM |
|
Is this the doge coin that has been on the market for 3 or more years? Heard of you many times, but don't know whether it is you or not
|
IBMINER DONE A GOOD JOB. I learned a lesson from him. He gave me negative trust just because i was dealing with account seller. To buy an account.
|
|
|
CoinEmperor
Newbie
Offline
Activity: 28
Merit: 0
|
|
October 09, 2017, 09:53:51 PM |
|
Is this the doge coin that has been on the market for 3 or more years? Heard of you many times, but don't know whether it is you or not
Yes this is that doge
|
|
|
|
BTCMILLIONAIRE
|
|
October 09, 2017, 11:50:56 PM |
|
So Doge is basically just confirmed to be dead, or not? (No $10 memes please.)
|
|
|
|
PMmesexycoins
Full Member
Offline
Activity: 546
Merit: 102
Stake's discord https://discord.gg/cZhK9vp
|
|
October 10, 2017, 01:31:31 AM |
|
doge will 10$ in december, trust me , buy
I think the odds of Bitcoin reaching $10000 in December are greater then Doge reaching $10. Yes. Even if we were to ignore the current state of affairs, 2x and some increase is more likely than a 10,000x increase. Considered trading them out, but in the end I just invested most of my remaining coins in one of those casino sites.
|
|
|
|
ScubaFuz
Member
Offline
Activity: 70
Merit: 10
|
|
October 10, 2017, 05:28:22 AM |
|
doge will 10$ in december, trust me , buy
I think the odds of Bitcoin reaching $10000 in December are greater then Doge reaching $10. Yes. Even if we were to ignore the current state of affairs, 2x and some increase is more likely than a 10,000x increase. Considered trading them out, but in the end I just invested most of my remaining coins in one of those casino sites. Playing games is the best way to lose your coins. Other than that there seem to be 3 camps out there. One that says the coin is dead and one that says it will soar to incredible heights. Both these sides seem to want this to happen, but I cannot understand why you would want a coin to die. The third camp seems to be the realistic camp that simply looks at the history and tries to make accurate predictions. This is my preferred camp because those people can actually give some advice that's worth something. I have bought some extra Doge at 20 sat and hope for the best.
|
Buy low, get high and seek the end of the rainbow
|
|
|
uyvienn
Newbie
Offline
Activity: 22
Merit: 0
|
|
October 10, 2017, 05:35:15 AM |
|
|
|
|
|
rodyw
|
|
October 10, 2017, 06:22:21 AM Last edit: October 10, 2017, 08:39:07 AM by rodyw |
|
That thread is from four months ago. The Twitter account of Dogecoin had the last update in July. Since then... Silence.
|
|
|
|
thiec
|
|
October 10, 2017, 10:06:30 AM |
|
That thread is from four months ago. The Twitter account of Dogecoin had the last update in July. Since then... Silence. Its working in the background LOL Wow the price seem very interesting, its more attractive if could go lower to stock more.
|
|
|
|
starmman
Legendary
Offline
Activity: 1484
Merit: 1029
|
|
October 10, 2017, 10:20:54 AM |
|
Other than that there seem to be 3 camps out there. One that says the coin is dead and one that says it will soar to incredible heights. Both these sides seem to want this to happen, but I cannot understand why you would want a coin to die. The third camp seems to be the realistic camp that simply looks at the history and tries to make accurate predictions. This is my preferred camp because those people can actually give some advice that's worth something.
I think camp 1 are shilling as they bought too high and camp 2 are FUD'ing to try to drop the price and force weak hands into selling. I wouldn't be surprised if they were still buying =)
|
|
|
|
BitcoinRonnie
|
|
October 10, 2017, 10:35:57 AM |
|
China against ICO and cryptocurrency because they are afraid that the Doge will soon replace the Yuan)))
|
|
|
|
easyrimka
|
|
October 10, 2017, 10:38:18 AM |
|
China against ICO and cryptocurrency because they are afraid that the Doge will soon replace the Yuan)))
yes you right, doge will soon replace dollar and euro, rotshild and goldman sach have buy 80% of total supply last week
|
|
|
|
NrX
|
|
October 10, 2017, 10:47:06 AM |
|
I bought after some time as Doge entered again in my favorite price range of 20 satoshi. I don't know how many people understand the pattern but this is the point from where in short term price will moving. Doge community is still big to support it continuously.
|
|
|
|
klavcryp
Newbie
Offline
Activity: 11
Merit: 0
|
|
October 10, 2017, 11:08:45 AM |
|
I think that the dogecoin isn't the best choice to invest
|
|
|
|
|