[ANN][DOGE] Dogecoin - very currency many coin - v1.10.0

[bitmayner1977]

I really like this coin, fast transactions, continue to buy it on the slump, I hope the promised hard fork coins will take place in the fall.

When you mention hard fork coins, it's the Dogethereum ? or it's other one?

Yes it is this hardcore

[BitcoinBoy1337]

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 why we need limited supply. Coins with an inflation rate are no better than USD. People know that the FED will print more and more money every day/month/year and their USD will lose value so they dump their USD for goods. (that makes USD to lose its value even further)

Same applies to Doge. You know that the amount of doge will be infinite. So people dump it for something with a limited supply. (btc, ltc, gold, iphone 8, Nvidia Gtx 1080ti or whatever)

doge will never reach a constant level of value if infinite supply

[NrX]

When total market of these cryptocoins will reach in trillions you may expect Doge's price in dollars as well. It will get reasonable share from total marketcap being backed by large and strongly active community. In present condition it can not tale over those markets which have billions investments.

[sunnydmd]

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

Well if you go by supply/demand principle, with 7 billion people in the world, and approx 113 billion coins in circulation, it's actually not a very large supply, which means not every person in the world can even hold more than 16 doges if distribution was equally divided.

you forgot to mention other coins. if we take that calculation, every single person would hold a big amount of coin that you can't imagine. the matter is how much does that cost in real money

That's why we need limited supply. Coins with an inflation rate are no better than USD. People know that the FED will print more and more money every day/month/year and their USD will lose value so they dump their USD for goods. (that makes USD to lose its value even further)

Same applies to Doge. You know that the amount of doge will be infinite. So people dump it for something with a limited supply. (btc, ltc, gold, iphone 8, Nvidia Gtx 1080ti or whatever)

DOGE is a rare coin with an inflation rate, but even though, that rate still be lower than USD cause after nearly 4 years, it only increase 13% total coins.
inflation rate is necessary for a nature society like human,
look at the price since it was born, I sure this is one of the most stable coin.

[usmanov123]

hi, I got some coins in multidoge wallet and I can't open it. Does it works at all? Or I should forget about it?

[sunnydmd]

if only 10% of Chinese people would buy only 1000 doge, the doge will reach $1
it's simple but how to make that possible? 

LOL, don't be that innocence
I admit that DOGE is  a fun, good coin. but to be honest, doge will never reach 1$
why 10% of Chinese buy 1000$ worth of doge? like you see, less than 5% of world population know crytocurrentcy
and not any one in china got a free 1000$, so much thing they have to spend.
in my opinion, even with inflation rate, doge price would be stable and less than 200sts ( by the end of this year, hope it reach 200sts)
otherwise, I don't really count on it to break 5x or 10x

[easyrimka]

if only 10% of Chinese people would buy only 1000 doge, the doge will reach $1
it's simple but how to make that possible? 

LOL, don't be that innocence
I admit that DOGE is  a fun, good coin. but to be honest, doge will never reach 1$
why 10% of Chinese buy 1000$ worth of doge? like you see, less than 5% of world population know crytocurrentcy
and not any one in china got a free 1000$, so much thing they have to spend.
in my opinion, even with inflation rate, doge price would be stable and less than 200sts ( by the end of this year, hope it reach 200sts)
otherwise, I don't really count on it to break 5x or 10x

let fools dream ... they know nothing about how it work 

[st0n4r]

Dogecoin is very good cryptocurrency than other crypto, so can i mine with core i5 4th generation 16gb, how many coins I have mined in 24 hours?

[meikelcoin]

there are too many doge coins. and the year of the dog will not bring the course up. doge increases when btc rises and doge falls when btc drops. It was 4 years and will always be like this. there are just too many dogecoins. that will not be supercoin in 100 years

[RimmerAce]

there are too many doge coins. and the year of the dog will not bring the course up. doge increases when btc rises and doge falls when btc drops. It was 4 years and will always be like this. there are just too many dogecoins. that will not be supercoin in 100 years

Maybe there will be coin swap or a burn in the future

[vickypon]

hi, I got some coins in multidoge wallet and I can't open it. Does it works at all? Or I should forget about it?

Offcourse working. It's my central wallet for my dogecoin

[thunderjet]

there are too many doge coins. and the year of the dog will not bring the course up. doge increases when btc rises and doge falls when btc drops. It was 4 years and will always be like this. there are just too many dogecoins. that will not be supercoin in 100 years

DOGE was mined far too quickly and then abandoned by its creator.That is not good combination for any coin.

5% annual inflation on already far too big supply wont help it stability too.

[D3m0nKinGx]

there are too many doge coins. and the year of the dog will not bring the course up. doge increases when btc rises and doge falls when btc drops. It was 4 years and will always be like this. there are just too many dogecoins. that will not be supercoin in 100 years

DOGE was mined far too quickly and then abandoned by its creator.That is not good combination for any coin.

5% annual inflation on already far too big supply wont help it stability too.

And where is Satoshi with his bitcoin? Which was initially mined centrally by only himself.  Yet here's bitcoin today 9 years later, WITH inflation

[Viper1]

there are too many doge coins. and the year of the dog will not bring the course up. doge increases when btc rises and doge falls when btc drops. It was 4 years and will always be like this. there are just too many dogecoins. that will not be supercoin in 100 years

DOGE was mined far too quickly and then abandoned by its creator.That is not good combination for any coin.

5% annual inflation on already far too big supply wont help it stability too.

And where is Satoshi with his bitcoin? Which was initially mined centrally by only himself.  Yet here's bitcoin today 9 years later, WITH inflation

Yep. However, I've never understood why people throw around the "inflation" term. Inflation has to do with the cost of goods going up in price which may or may not have to do with more money being "printed". Printing more money (mining new coins) is referred to as quantitative easing. I suspect people throwing around inflation is just a way to FUD things which they may or may not know they're even doing. Course, the problem is that the stupid Bitcoin wiki use the term inflation as well sometimes when they're talking about the increased number of coins so that doesn't help. i.e. they use the terms added, increase and then they have a paragraph using inflation to say the same thing.. and then they actually use it more correctly in terms of alluding to the fees required to "buy" your way into a block.

[D3m0nKinGx]

there are too many doge coins. and the year of the dog will not bring the course up. doge increases when btc rises and doge falls when btc drops. It was 4 years and will always be like this. there are just too many dogecoins. that will not be supercoin in 100 years

DOGE was mined far too quickly and then abandoned by its creator.That is not good combination for any coin.

5% annual inflation on already far too big supply wont help it stability too.

And where is Satoshi with his bitcoin? Which was initially mined centrally by only himself.  Yet here's bitcoin today 9 years later, WITH inflation

Yep. However, I've never understood why people throw around the "inflation" term. Inflation has to do with the cost of goods going up in price which may or may not have to do with more money being "printed". Printing more money (mining new coins) is referred to as quantitative easing. I suspect people throwing around inflation is just a way to FUD things which they may or may not know they're even doing. Course, the problem is that the stupid Bitcoin wiki use the term inflation as well sometimes when they're talking about the increased number of coins so that doesn't help. i.e. they use the terms added, increase and then they have a paragraph using inflation to say the same thing.. and then they actually use it more correctly in terms of alluding to the fees required to "buy" your way into a block.

.
With regard to bitcoin inflation isn't really the right term, because it has  capped supply of 21 Million (which we won't see in our lifetime). but by going with wat the definition says:

Inflation (noun):

1.
the action of inflating something or the condition of being inflated.
"the inflation of a balloon"
2.
ECONOMICS
a general increase in prices and fall in the purchasing value of money.
"policies aimed at controlling inflation"

I guess really neither apply? cause Doge has actually increased in value since its inception 

[tuanbct95]

With regard to bitcoin inflation isn't really the right term, because it has  capped supply of 21 Million (which we won't see in our lifetime). but by going with wat the definition says:

Inflation (noun):

1.
the action of inflating something or the condition of being inflated.
"the inflation of a balloon"
2.
ECONOMICS
a general increase in prices and fall in the purchasing value of money.
"policies aimed at controlling inflation"

I guess really neither apply? cause Doge has actually increased in value since its inception 

To answer such a hard question, I have another difficult question for you.
How about current total market cap of Cryptocurrency market? Which component mainly affect the changes of total market cap?
Hope I can get interesting answers from you, bro.

[Viper1]

there are too many doge coins. and the year of the dog will not bring the course up. doge increases when btc rises and doge falls when btc drops. It was 4 years and will always be like this. there are just too many dogecoins. that will not be supercoin in 100 years

DOGE was mined far too quickly and then abandoned by its creator.That is not good combination for any coin.

5% annual inflation on already far too big supply wont help it stability too.

And where is Satoshi with his bitcoin? Which was initially mined centrally by only himself.  Yet here's bitcoin today 9 years later, WITH inflation

Yep. However, I've never understood why people throw around the "inflation" term. Inflation has to do with the cost of goods going up in price which may or may not have to do with more money being "printed". Printing more money (mining new coins) is referred to as quantitative easing. I suspect people throwing around inflation is just a way to FUD things which they may or may not know they're even doing. Course, the problem is that the stupid Bitcoin wiki use the term inflation as well sometimes when they're talking about the increased number of coins so that doesn't help. i.e. they use the terms added, increase and then they have a paragraph using inflation to say the same thing.. and then they actually use it more correctly in terms of alluding to the fees required to "buy" your way into a block.

.
With regard to bitcoin inflation isn't really the right term, because it has  capped supply of 21 Million (which we won't see in our lifetime). but by going with wat the definition says:

Inflation (noun):

1.
the action of inflating something or the condition of being inflated.
"the inflation of a balloon"
2.
ECONOMICS
a general increase in prices and fall in the purchasing value of money.
"policies aimed at controlling inflation"

I guess really neither apply? cause Doge has actually increased in value since its inception 

Well, we're talking about "money" so it would be the economic definition. But yes, it doesn't apply because it's the things we buy with the coin that would be going up in price. Printing more money is quantitative easing. And here's the thing. If quantitative easing of the coin was sooooo bad, then why can I buy more today with a coin than I could 2 or 3 years ago. More people are born every day as well as coins being lost so you need to increase the coin supply "forever" as far as I'm concerned. The only reason I can come up with for people not wanting more coins out there is purely greed. But again, as we see with bitcoin, the price goes up (far more than actual real inflation) regardless of how many more coins are created every day.

[D3m0nKinGx]

there are too many doge coins. and the year of the dog will not bring the course up. doge increases when btc rises and doge falls when btc drops. It was 4 years and will always be like this. there are just too many dogecoins. that will not be supercoin in 100 years

DOGE was mined far too quickly and then abandoned by its creator.That is not good combination for any coin.

5% annual inflation on already far too big supply wont help it stability too.

And where is Satoshi with his bitcoin? Which was initially mined centrally by only himself.  Yet here's bitcoin today 9 years later, WITH inflation

Yep. However, I've never understood why people throw around the "inflation" term. Inflation has to do with the cost of goods going up in price which may or may not have to do with more money being "printed". Printing more money (mining new coins) is referred to as quantitative easing. I suspect people throwing around inflation is just a way to FUD things which they may or may not know they're even doing. Course, the problem is that the stupid Bitcoin wiki use the term inflation as well sometimes when they're talking about the increased number of coins so that doesn't help. i.e. they use the terms added, increase and then they have a paragraph using inflation to say the same thing.. and then they actually use it more correctly in terms of alluding to the fees required to "buy" your way into a block.

.
With regard to bitcoin inflation isn't really the right term, because it has  capped supply of 21 Million (which we won't see in our lifetime). but by going with wat the definition says:

Inflation (noun):

1.
the action of inflating something or the condition of being inflated.
"the inflation of a balloon"
2.
ECONOMICS
a general increase in prices and fall in the purchasing value of money.
"policies aimed at controlling inflation"

I guess really neither apply? cause Doge has actually increased in value since its inception 

Well, we're talking about "money" so it would be the economic definition. But yes, it doesn't apply because it's the things we buy with the coin that would be going up in price. Printing more money is quantitative easing. And here's the thing. If quantitative easing of the coin was sooooo bad, then why can I buy more today with a coin than I could 2 or 3 years ago. More people are born every day as well as coins being lost so you need to increase the coin supply "forever" as far as I'm concerned. The only reason I can come up with for people not wanting more coins out there is purely greed. But again, as we see with bitcoin, the price goes up (far more than actual real inflation) regardless of how many more coins are created every day.

Probably an answer you already know why we can buy more with the same amount of coin from 2,3 even 5 years ago.... simply cause of the market dynamics of crypto, buy pressure eats up the orders of the sell side of the books, thus pushing the price higher, and if no one is pushing the price back down with orders to cancel out the pressure or reverse it, it will continue to rise as/if demand increases. For one thing, the technology behind the coin is bitcoin's primary reason for its value, then gradual mass adoption (more users (consumers/business and the like) = more buyers = buy pressure). As a trader myself, for some years, I don't try to resist a price rise, this is more something whales do, and more in depth / complex topic out of my area of knowledge.

[dogemoon]

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%?

[D3m0nKinGx]

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%?

Cause some of us came into crypto with fiat market principles, where they just don't always apply here in this realm. So until someone teaches, or we experience it on our own, grasping the concepts (unexplainable or otherwise) of things that happen takes a few trials and errors... practice makes perfect. As we've all seen, coins like tron, pascal in the past with pumps all high and mighty and why nobody knows, just because they can.  Inflation or no inflation, if some whale with 20,000 btc or more wants to he can pump doge or any coin to their liking, and rest are suckers for buying too high, and rides off to another coin with a clean cut of his his profits, to start the cycle all over again.