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yatsey87
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January 27, 2014, 06:38:58 PM
 #21

the marketcap would have to be 200 billion = 20x bitcoins marketcap
we can still hope for 1 cent per coin.

This guy is more realistic, but still probably far off lol.
after we mined it all maybe
check out ripple which has almost the same amount of coins and is 2 cents worth
its possible, but highly unlikely

Ripple is completely different though as I don't think you can mine it. I read its a scam as well
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zero9119
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January 27, 2014, 06:43:45 PM
 #22

the marketcap would have to be 200 billion = 20x bitcoins marketcap
we can still hope for 1 cent per coin.

This guy is more realistic, but still probably far off lol.
after we mined it all maybe
check out ripple which has almost the same amount of coins and is 2 cents worth
its possible, but highly unlikely

Ripple is completely different though as I don't think you can mine it. I read its a scam as well

yep one of the big ones too
if a scamcoin with 100 billion coins can be worth  2 cents then why not doge?
DanielVG
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January 27, 2014, 06:49:48 PM
 #23

When will shibe start to be old and not funny anymore, where will Doge price go?


I think it will be close to it's peak when it has replaced religion with dogeism and churches have priests who preach from the holy doge bible.  Talking bout how fantastic he was etc etc
And in every city hall there are doge pictures.
And it is mandatory to say the doge's prayer before school/work starts.
Nay-sayers will be beaten with sticks and deported...
Every bank will have the doge symbol in gold on his skyscraper.

that would be the climax of this joke.
wouldn't be the first time a joke runs out of control.
busterzzz
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January 27, 2014, 07:02:10 PM
 #24

Would you rather spend lets say...

.0786 bitcoin on a transaction.

Or

25 dogecoins.

It's an example, I am not sure if the rates are right. But lets be real here.

The normal consumer does not want to find out what the heck .0786 bitcoin equals. It's easier to say, here is 25 of these, or 10 of these, instead of saying here is .0867 of these.

That my op.
emeraldforce
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January 27, 2014, 07:04:55 PM
 #25

the marketcap would have to be 200 billion = 20x bitcoins marketcap
we can still hope for 1 cent per coin.

This guy is more realistic, but still probably far off lol.
after we mined it all maybe
check out ripple which has almost the same amount of coins and is 2 cents worth
its possible, but highly unlikely

Ripple is completely different though as I don't think you can mine it. I read its a scam as well

Ripple was written by Jerry Garcia and Robert Hunter believe me there was no scam going on there just a couple of groupies and some questionable vegetables. From what I understand they pre-mined it before it was released.
poornamelessme
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January 27, 2014, 07:34:22 PM
 #26

Would you rather spend lets say...

.0786 bitcoin on a transaction.

Or

25 dogecoins.

It's an example, I am not sure if the rates are right. But lets be real here.

The normal consumer does not want to find out what the heck .0786 bitcoin equals. It's easier to say, here is 25 of these, or 10 of these, instead of saying here is .0867 of these.

That my op.

Or they could just use satoshis. Or litecoins. I'd think the normal consumer wouldn't exactly feel great using a crytpo coin with a stupid dog cartoon as its main differentiating point. Or a coin called 'dogecoin' either, to be honest.

I can see dogecoin reaching a couple of cents, maybe, as its max. The dollar range would seem to be very, very unlikely, unless bitcoin reaches like 20-50K+/coin.
KingGoon
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January 27, 2014, 08:01:31 PM
 #27

Would you rather spend lets say...

.0786 bitcoin on a transaction.

Or

25 dogecoins.

It's an example, I am not sure if the rates are right. But lets be real here.

The normal consumer does not want to find out what the heck .0786 bitcoin equals. It's easier to say, here is 25 of these, or 10 of these, instead of saying here is .0867 of these.

That my op.

This makes no sense at all  Cheesy Cheesy Cheesy Cheesy Cheesy

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coinerer
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January 27, 2014, 08:08:30 PM
 #28


1) If somebody pays me 2$ for Doge, Doge will hit 2$.

2) If Doge will bark at the Moon on the same Moon in the next few years, everything is possible.



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blade87
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January 27, 2014, 08:11:27 PM
 #29

This is called a marketing stunt. *ANYONE* can do marketing stunts, it ALWAYS boosts sales. Hell you could advertise for something that doesn't even exist yet and create a huge demand for it.

Then go do it.

To answer the OP : if BTC reaches $10,000 and DogeCoin remains popular, then I absolutely see it at ~$1.
yatsey87
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January 27, 2014, 08:19:16 PM
 #30

the marketcap would have to be 200 billion = 20x bitcoins marketcap
we can still hope for 1 cent per coin.

This guy is more realistic, but still probably far off lol.
after we mined it all maybe
check out ripple which has almost the same amount of coins and is 2 cents worth
its possible, but highly unlikely

Ripple is completely different though as I don't think you can mine it. I read its a scam as well

Ripple was written by Jerry Garcia and Robert Hunter believe me there was no scam going on there just a couple of groupies and some questionable vegetables. From what I understand they pre-mined it before it was released.

Questionable vegetables?  Huh
louisreel
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January 27, 2014, 09:41:38 PM
 #31

Quote

Ripple is completely different though as I don't think you can mine it. I read its a scam as well

Ripple is different as they didn't want to do bitcoin style mining that is basically just a huge waste of power.  But they do run a giveaway through BOINC/World Community Grid.  So you can exchange compute power for XRP.  See: https://www.computingforgood.org/
hellscabane
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January 27, 2014, 09:59:02 PM
 #32

$2 is such a high value. That would put the market capitalization of DOGE at $200B.

Let's say it hit that in 5 years, that would mean that DOGE would be almost .25% of the world's M2 supply. That's a bit too optimistic if you ask me...
MsCollec
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January 27, 2014, 10:00:57 PM
 #33

Maybe in the next decades  Cheesy $2 that's such insane
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January 27, 2014, 10:14:52 PM
 #34

doge will go a lot further than people think.... although $2 is stretching it way too far. Perhaps 10-20 cents is even possible...but that would be quite some time yet. However i don't see it going away now, it is just too big and too popular.

financial_analyst
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January 27, 2014, 10:33:59 PM
 #35

Dogecoin is actually different than all other alt coins since its supply is not capped at 100 billion and will be slightly inflationary after the circulation of 100 billion units (10k inflation per block after 600K blocks) unless the devs change the code
dogechode
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January 27, 2014, 10:53:08 PM
 #36

As I have posted in other threads, none of these currencies are going to go very far unless we start making an effort to push for wider adoption. Doge has faired better than some of the other clonecoins because it has an endearing mascot and it attracted a certain niche of loyal fans. However, the bottom line is you still really can't do very much with ANY altcoins, even bitcoin is very limited. We need to get from where we are now with most of these coins, which is the 'nifty idea that normal people are just starting to hear about' stage, to the 'holy shibe people are actually using doges (and other altcoins) for real life transactions on more than a handful of obscure websites!' stage.

Bitcoin got a lot of attention and you can use it on some major online stores, which is a big step in the right direction. But we need to get to where people can easily buy and sell goods and services using cryptocurrencies. Think like craigslist, ebay, etc. There has to be a reason for people to want to spend altcoins rather than just normal real world currency, and a good way to jumpstart that is to have people getting paid in cryptocurrencies. Not that many ordinary people are going to go out of their way and jump through the various hoops that it currently would take, to convert regular money into crypto, with the way things currently are. They are just getting a few coins from fountains and promos and using them to tip people on reddit (and OMG maybe like once in a blue moon someone buys some vaping supplies from a small independent website in like New Zealand.)
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January 28, 2014, 12:26:37 AM
 #37

Quote

Ripple is completely different though as I don't think you can mine it. I read its a scam as well

Ripple is different as they didn't want to do bitcoin style mining that is basically just a huge waste of power.  But they do run a giveaway through BOINC/World Community Grid.  So you can exchange compute power for XRP.  See: https://www.computingforgood.org/

Ripple XRP is also a centralized, closed source code with open source atributes, like Apples OSX. It is not a decentralized payment system if it is owned and controlled by CEOs.

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January 28, 2014, 03:38:31 AM
 #38

It is funny to see people dump on Altcoins with a large cryptocoin audience behind them. Doge even though it was meant as a joke coin the people have adopted it. It is not always about innovation that makes something successful.

Stay tuned and hold those Doge for 6+ more months.

Well I do think doge got many people into cryptos that would not have been other wise.
As for $2 a coin? LOLz yea right.

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January 28, 2014, 04:10:55 AM
 #39

talk to your mom, dad, cousins, brothers, sisters, friends, co-workers and ask them if they would buy dogecoin as an investment and use it as a future currency vs. netcoin, peercoin, litecoin, bitcoin. 100% of the time they will think dog is a ridiculous name for a currency and will never be taken seriously by mainstream. The only ppl buying doge now are ppl trying to make a quick buck off of these pumps, and dumb nerds that think its cute. doge will never hit $2

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January 28, 2014, 09:27:43 AM
 #40

It's already come out that it's completely owned and manipulated by a few so these constant threads masquerading as none Dogecoin holders thoughtfully investigating the idea of investing into it is, old, boring, and more lying manipulation that this altcoin section could do without.

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