[ANN][DOGE] Dogecoin - very currency many coin - v1.10.0 - page 194.

Viper1

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Activity: 686

Merit: 320

Quote from: D3m0nKinGx on February 25, 2018, 10:11:10 PM

Quote from: Viper1 on February 25, 2018, 10:07:22 PM

Quote from: D3m0nKinGx on February 25, 2018, 09:53:49 PM

Quote from: thunderjet on February 25, 2018, 09:26:00 PM

Quote from: meikelcoin on February 25, 2018, 01:59:08 PM

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 Shocked

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.

tuanbct95

newbie

Activity: 168

Merit: 0

Quote from: D3m0nKinGx on February 25, 2018, 10:11:10 PM

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 Shocked

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.

D3m0nKinGx

hero member

Activity: 1638

Merit: 507

The snake which cannot cast its skin has to die

Quote from: Viper1 on February 25, 2018, 10:07:22 PM

Quote from: D3m0nKinGx on February 25, 2018, 09:53:49 PM

Quote from: thunderjet on February 25, 2018, 09:26:00 PM

Quote from: meikelcoin on February 25, 2018, 01:59:08 PM

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 Shocked

Viper1

sr. member

Activity: 686

Merit: 320

Quote from: D3m0nKinGx on February 25, 2018, 09:53:49 PM

Quote from: thunderjet on February 25, 2018, 09:26:00 PM

Quote from: meikelcoin on February 25, 2018, 01:59:08 PM

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

hero member

Activity: 1638

Merit: 507

The snake which cannot cast its skin has to die

Quote from: thunderjet on February 25, 2018, 09:26:00 PM

Quote from: meikelcoin on February 25, 2018, 01:59:08 PM

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

thunderjet

sr. member

Activity: 916

Merit: 312

Quote from: meikelcoin on February 25, 2018, 01:59:08 PM

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.

vickypon

newbie

Activity: 36

Merit: 0

Quote from: usmanov123 on February 25, 2018, 12:23:26 PM

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

RimmerAce

newbie

Activity: 90

Merit: 0

Quote from: meikelcoin on February 25, 2018, 01:59:08 PM

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

meikelcoin

member

Activity: 266

Merit: 12

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

st0n4r

newbie

Activity: 264

Merit: 0

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?

easyrimka

sr. member

Activity: 518

Merit: 261

Quote from: sunnydmd on February 25, 2018, 12:56:48 PM

Quote from: ju34400 on February 20, 2018, 09:08:04 AM

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? Roll Eyes

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

sunnydmd

member

Activity: 294

Merit: 11

Blockchain with solar energy

Quote from: ju34400 on February 20, 2018, 09:08:04 AM

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? Roll Eyes

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

usmanov123

full member

Activity: 434

Merit: 102

Chikuntv

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

member

Activity: 294

Merit: 11

Blockchain with solar energy

Quote from: D3m0nKinGx on February 25, 2018, 05:50:37 AM

Quote from: Chefironside on February 22, 2018, 11:45:46 AM

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. Tongue

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

Quote from: mindrust on February 25, 2018, 05:25:36 AM

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.

NrX

sr. member

Activity: 770

Merit: 254

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.

BitcoinBoy1337

member

Activity: 252

Merit: 11

OPEN GAMING PLATFORM

Quote from: mindrust on February 25, 2018, 05:25:36 AM

Quote from: Chefironside on February 22, 2018, 11:45:46 AM

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

bitmayner1977

newbie

Activity: 21

Merit: 0

Quote from: Coindgr on February 24, 2018, 02:16:30 PM

Quote from: bitmayner1977 on February 24, 2018, 12:22:14 PM

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

Chefironside

full member

Activity: 392

Merit: 102

it is time the jackson palmer becomes active again. then the token goes to the moon. and there must be a coin limit as it was planned at the time. Normally only 100,000,000,000 coins should be created

D3m0nKinGx

hero member

Activity: 1638

Merit: 507

The snake which cannot cast its skin has to die

Quote from: soliton on February 25, 2018, 06:15:35 AM

Quote from: Getred on February 24, 2018, 09:06:18 AM

In connection with the upcoming fall of DogeCoin, holders begin to buy up RLC https://graviex.net/markets/rlcdoge

Except that there is no indication that RLC rise is happening right now during this DogeCoin correction.

Not just that... where's the volume . . . 1 Buy order at 1 sat Roll Eyes

soliton

hero member

Activity: 969

Merit: 683

___________/\_______

Quote from: Getred on February 24, 2018, 09:06:18 AM

In connection with the upcoming fall of DogeCoin, holders begin to buy up RLC https://graviex.net/markets/rlcdoge

Except that there is no indication that RLC rise is happening right now during this DogeCoin correction.

Topic: [ANN][DOGE] Dogecoin - very currency many coin - v1.10.0 - page 194. (Read 3099462 times)