Topic: [ANN][DOGE] Dogecoin - very currency many coin - v1.10.0 - page 300. (Read 3099556 times)
there was a tweet today saying it will be adopted by bank of china
Why Ripple Coin Is High Against DOGE
As we know RIPPLE Supply 100000000000 COIN
As we know RIPPLE Supply 100000000000 COIN
Ripple Circulate is 38,600,451,446 XRP, Your number is total supply
Doge Circulate is 111,448,555,719 DOGE, and total supply is unlimited
Now, you could see the different
We all know that RIpple is backed up by banks since a while , so why we would compare ripple with doge ? Doge is loved by a lot of people and the price between them is not important because the doge will be here in years no matter what. Doge is one of the coins that has atttracted so many users in cryptoland that it simply cannot be ignore by anyone. Also , a lot of us said 1year ago that doge is dead etc , no chance for it to comeback and then suddenly , boom.
Why Ripple Coin Is High Against DOGE
As we know RIPPLE Supply 100000000000 COIN
As we know RIPPLE Supply 100000000000 COIN
Ripple Circulate is 38,600,451,446 XRP, Your number is total supply
Doge Circulate is 111,448,555,719 DOGE, and total supply is unlimited
Now, you could see the different
We all know that RIpple is backed up by banks since a while , so why we would compare ripple with doge ? Doge is loved by a lot of people and the price between them is not important because the doge will be here in years no matter what. Doge is one of the coins that has atttracted so many users in cryptoland that it simply cannot be ignore by anyone. Also , a lot of us said 1year ago that doge is dead etc , no chance for it to comeback and then suddenly , boom.
Why Ripple Coin Is High Against DOGE
As we know RIPPLE Supply 100000000000 COIN
As we know RIPPLE Supply 100000000000 COIN
Ripple Circulate is 38,600,451,446 XRP, Your number is total supply
Doge Circulate is 111,448,555,719 DOGE, and total supply is unlimited
Now, you could see the different
Snip ~~~~~
That is because of highly centralized supply and proper team behind the project. Doge is community driven project but lack of resources and technical support is the main difference. I can digging in Doge and saw it was promoted high few years ago where community sponsored formula race car. It just lost the momentum because of so many other coins/tokens.
Why Ripple Coin Is High Against DOGE
As we know RIPPLE Supply 100000000000 COIN
As we know RIPPLE Supply 100000000000 COIN
There were many usages of Doge from fast funds transfers between exchanges to be able to avail opportunities. I also did this thing to be able to transfer fast as Bitcoin was sometimes taking too long. Also gambling sites were using as well. I was involved in day trading and many people were making money from margin trading. It will still be among other markets this is how I see its future.
Not for me - I think that limiting the total number may actually be worse, the no limit makes DOGE different to most other coins and is a USP, this will encourage growth even after all BTC are mined, currently the number of coins are limited to around 5% per year and rewards decreasing as difficulty increases. I dont think there will be a hyper inflation with DOGE - as more people adopt to using the coin >5% per year will be minimal and ensure the blockchain can always move.
Having no mechanism to control currency supply is really not ideal and 5% per year should not be underestimated. If there were services that could be used by burning DOGE, there is a higher chance of reaching a good balance.From an investor's point of view, DOGE would not be the ideal choice. But this is not to say that DOGE is only serving investors' interests. It rather aims at mass adoption and that goes hand in hand with investors' interests, but only to some degree should the supply never be limited.
For me it doesn't matter - I invested into DOGE knowing it was inflationary, and that is factored into the market cap - I've worked pretty closely with the guys at IXC which was (I think) the first fully mined out coin - now its pretty difficult to keep interest in the coin and the block chain going. DOGE is one of the coins (come 2030+) which wont have the issue of supply running out, who will want to mine for 0 reward. I think the diminishing reward over time makes good sense, inflation will be around 3% by this time. The only way forward would be to increase the transfer fees to keep the chain moving - one of DOGE's best points is the low fee.
Looking at the long game - I personally think it will be more of a help than a hindrance, the diminishing returns will have a major advantage over a lot of the fixed PoS coins.
You know, it is not that I would really disagree with you. I like the points you make, but I was just suggesting that services which provide some sort of currency issuance control would be really helpful. Services that use DOGE and burn the currency or something. Having a constant increase of the supply with no limits seems not reasonable. As for the fact that everything is priced in, I think people are more cryptocurrency investors than economic model investors at this point in time. And I even count myself into that category. Who of us really knows how these things are going to play out? We all try to come up with smart thoughts, but it is still difficult to assess the situation overall. DOGE is cool and great, I won't argue about that, I am just not sure whether the economic model makes long-term sense (same counts for BTC).
Well,the point is, you're speaking of centralization. That's not the path.
And FIAT is going to have much more inflation than Doge, so no prob.
In another vein, too many
How exactly would a service that accepts DOGE as a usage token centralize the currency? You might be right, I just don't fully understand it at this point.
` 
so many coins
so many coinsthe real problem of dogecoin is the supply , yes, thats why this will never reach 1$
` so many coins
so many coinslol , so many , such 10$ in december
` so many coins
so many coins 
I bought this coin. She wags her tail like a dog. He does not want to grow, he just falls. Did the people stop loving her? There are opinions on this matter?
Look at the long term trend of this coin it follows a pretty similar pattern... Of course nothing is impossible. But Doge is one of the worst bets you can make right now. And with the onslaught of serious companies this probably won't change either. Doge only worked because there were no other coins in the past. Now it's just a fringe meme with no dev support and a relatively small community.
I still have a solid stash of Doge just for the fun of it, but I don't think that these will bring me in any profits.
I still have a solid stash of Doge just for the fun of it, but I don't think that these will bring me in any profits.
There were no other coins in the past? As a person who mined doge on day 1, there were hundreds of other coins already existing when doge launched. The announcements subforum (this one) is a lot more active than before, but even back then it was so spammy with so many new threads every second.
Doge's success was because it was a joke. It was made to parody all the other serious coins out there. There were coins for every topic under the sun: "casino coin", "earth coin", "gold coin", "digital coin", "infinite coin", etc. Each one of these coins had very long descriptions about plans for the coin (saving the planet) or a coin for casinos, not unlike ICOs today. The only joke coin was Doge, and that's how it became viral.
The Dogecoin developer also denounced crypto on the news not too long ago and stamped them as a fad.
That combined with the fact that Doge has absolutely no development going on anymore is a collection of nails in its coffin. It would take some serious developing and marketing to get it back on track, and I don't even see any hints of that taking place anytime soon.
Of course nothing is impossible. But Doge is one of the worst bets you can make right now. And with the onslaught of serious companies this probably won't change either. Doge only worked because there were no other coins in the past. Now it's just a fringe meme with no dev support and a relatively small community.
I still have a solid stash of Doge just for the fun of it, but I don't think that these will bring me in any profits.
I still have a solid stash of Doge just for the fun of it, but I don't think that these will bring me in any profits.
There were no other coins in the past? As a person who mined doge on day 1, there were hundreds of other coins already existing when doge launched. The announcements subforum (this one) is a lot more active than before, but even back then it was so spammy with so many new threads every second.
Doge's success was because it was a joke. It was made to parody all the other serious coins out there. There were coins for every topic under the sun: "casino coin", "earth coin", "gold coin", "digital coin", "infinite coin", etc. Each one of these coins had very long descriptions about plans for the coin (saving the planet) or a coin for casinos, not unlike ICOs today. The only joke coin was Doge, and that's how it became viral.
This is better than quark
China against ICO and cryptocurrency because they are afraid that the Doge will soon replace the Yuan)))
yes you right, doge will soon replace dollar and euro, rotshild and goldman sach have buy 80% of total supply last week
Well, then I'm calm, I just put my grandchildren to a couple of hundred coins, they will buy later car and apartment.
You need at least 100k to have anything really....
although now doge live by developers, but the community that supports this coin quite a lot, although they do as a means of delivery transactions at a cost of cheap Fee
I still have a solid stash of Doge just for the fun of it, but I don't think that these will bring me in any profits.
China against ICO and cryptocurrency because they are afraid that the Doge will soon replace the Yuan)))
yes you right, doge will soon replace dollar and euro, rotshild and goldman sach have buy 80% of total supply last week
Well, then I'm calm, I just put my grandchildren to a couple of hundred coins, they will buy later car and apartment.
You need at least 100k to have anything really....
although now doge live by developers, but the community that supports this coin quite a lot, although they do as a means of delivery transactions at a cost of cheap Fee
China against ICO and cryptocurrency because they are afraid that the Doge will soon replace the Yuan)))
yes you right, doge will soon replace dollar and euro, rotshild and goldman sach have buy 80% of total supply last week
Well, then I'm calm, I just put my grandchildren to a couple of hundred coins, they will buy later car and apartment.
You need at least 100k to have anything really....
China against ICO and cryptocurrency because they are afraid that the Doge will soon replace the Yuan)))
yes you right, doge will soon replace dollar and euro, rotshild and goldman sach have buy 80% of total supply last week
Well, then I'm calm, I just put my grandchildren to a couple of hundred coins, they will buy later car and apartment.
You need at least 100k to have anything really....
China against ICO and cryptocurrency because they are afraid that the Doge will soon replace the Yuan)))
yes you right, doge will soon replace dollar and euro, rotshild and goldman sach have buy 80% of total supply last week
Well, then I'm calm, I just put my grandchildren to a couple of hundred coins, they will buy later car and apartment.
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