If I had 10k euro invested, I'd take out at least my investment capital. Fundamentally, there's no future in a "let's issue a few hundred billion coins for the fun of it". Kittehcoin died, despite a reduction to 25bn, and DOGE will die too - the coins in circulation are simply too many and the inflation is bad too. It's bad economic planning from a coin which wasn't even intended to be serious. That's my take on it, at least.
I love the stupid dog face, it's epic trolling with the "such currency", "wow" etc etc, but 10k euro? Just get the capital out so that you won't have RL losses and leave some of the profits behind if by any chance the coin goes to the moon. (Personally I'd also cash out the profit and taking the "risk" of losing a future spike).
Nope... you just don't understand how crypto's work and what Dogecoin is aiming for.... Inflation is good for doge in the long run...
Inflation is good to secure a network but it has to be spread out over a long period. If you aim to issue all the coins in one year, then you have a problem in your hands for the future-proofing of the coin. And if you "fix" that with an endless number of coins, you are violating basic economic rules.
If you have coin A and coin B and their only difference is the scarcity of A, the price of A will be larger in the long run. This means that coin B is not good as an investment & store of value, except for quick profit making.
If you think that the founders of Bitcoin knew not of these things and that DOGEcoin "fixed" their flaw, ok, then sell your house and buy DOGEcoins. Maybe you can buy a mansion. Or you can end up homeless, living on the streets with the dogs
It's not just a case of scarcity if it's too extreme either though. Can you imagine a world where 42 coin was the dominant currency? "Oh i'll have that loaf of bread please" "Sure that'll be 3x10^-15 42Coin please". It's all about balance and my personal preference is to have a large cap and work with whole integer numbers and I feel if crypto is going to become mainstream the general public will want to work with that kind of range too.
Also, could you please tell my government that you can't have an endless amount of money? They don't seem to get that concept....
