sidhujag
Legendary
Offline
Activity: 2044
Merit: 1005
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March 09, 2014, 06:09:47 PM |
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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.
Bitcoin could be mined for 140 years. It means bitcoin is inflation in your whole life. 5B new doge every year means, it is a very small inflation and the inflation is reducing every year. Bitcoin = finite Dogecoin = infinite Bitcoin = scarce Dogecoin = abundant Finite / scarce = better price than infinite / abundant. It's just the way it goes with supply and demand. Basic economics. Dogecoin is infinite only if you have infinite lifespan. Scarcity is a good reason to drive price up only when the item has tangible value. When the value is purely speculative, scarcity (and deflation) will kill the trading and it leads to poor market depth and frequent price crashes. Bitcoin will be dead when it gets fully mined. Doge will keep on marching towards the moon. This is why few people say iCoin might be the main coin in a year as it has 900 year mining cycle. Devcoin fits the bill.. You dont want a hardcap.. Is icoin better than devcoin? how?
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djeZo
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March 09, 2014, 07:23:00 PM |
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vinipoars
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March 09, 2014, 07:26:29 PM |
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A new game for shibes, DogeJewel, hope you like it ! Playing right now. Good game!
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Kiki112
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March 09, 2014, 08:10:15 PM |
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what is going on with doge?
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ghur
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March 09, 2014, 08:14:58 PM |
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what is going on with doge?
your graph is broken.
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doge: D8q8dR6tEAcaJ7U65jP6AAkiiL2CFJaHah Automated faucet, pays daily: Qoinpro
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TenaciousC
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March 09, 2014, 08:15:33 PM |
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what is going on with doge? That's quite obvious no? People are being dumb and selling low
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Kiki112
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March 09, 2014, 08:18:03 PM |
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what is going on with doge?
your graph is broken. yeah, I see now it says 0,0000000 while it's 0.00000138
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vinipoars
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March 09, 2014, 08:19:11 PM |
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what is going on with doge? That's quite obvious no? People are being dumb and selling low And to every dumb person there's a smart guy on the other side.
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cryt3k
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March 09, 2014, 08:59:05 PM |
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you'll be sorry you sold your doge and sold it so low.
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cozk
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March 09, 2014, 09:00:21 PM |
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Not selling at this price.
i'm going to hold for 250 +
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Amph
Legendary
Offline
Activity: 3206
Merit: 1069
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March 09, 2014, 09:13:43 PM |
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don't worry it will rise again, doge was a coin that started a new era akin to bitcoin for some extent, people are attached to it
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LuckyLuke
Newbie
Offline
Activity: 56
Merit: 0
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March 09, 2014, 09:56:51 PM |
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Not selling at this price.
i'm going to hold for 250 +
me too
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MTJ151
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March 09, 2014, 09:58:12 PM |
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don't worry it will rise again, doge was a coin that started a new era akin to bitcoin for some extent, people are attached to it
I hope so
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freddyfarnsworth
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March 10, 2014, 05:19:44 AM |
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It is nice, to look at I do not understand any of it however. 50, 200DMA ? what is that about
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BTC: 1F1X9dN2PRortYaDkq89YJDbQ72i3F5N3h MEOW: KAbvy9jrrajvN5WLo7RWBsYqYfJKyN9WLf DOGE: DAyKSrTiVeRZaReTu1Cyf5Je6qPdKTuKKE
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*Sakura*
Legendary
Offline
Activity: 1624
Merit: 1005
I wish you all love and profitable investments!!!
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March 10, 2014, 07:38:22 AM |
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Not selling at this price.
i'm going to hold for 250 +
+1000. Now is the best time to sell your BTC and buy DOGE.
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Predseda4D
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March 10, 2014, 10:59:03 AM |
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Thanks for update.
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Predseda4D
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March 10, 2014, 10:59:58 AM Last edit: March 10, 2014, 11:11:42 AM by Predseda4D |
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