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Topic: As Predicted, Doge Crash is Here - page 2. (Read 3052 times)

sr. member
Activity: 280
Merit: 250
V for Victory or Rather JustV8
February 02, 2014, 06:33:44 PM
#16
much wow
such prediction

it will rise back once reward halves

And it will fall back when the difficulty doubles.
sr. member
Activity: 364
Merit: 250
I'm really quite sane!
February 02, 2014, 06:31:39 PM
#15
DOGE hasn't crashed. Such is the vicissitude of cryptocurrencies.
full member
Activity: 160
Merit: 100
February 02, 2014, 06:31:00 PM
#14
And? Does this really come as a surprise to anyone? The coin tripled in value of course it couldn't sustain itself at that price for long.
legendary
Activity: 2674
Merit: 3000
Terminated.
February 02, 2014, 06:29:48 PM
#13
It's still at almost a 50M $ marketcap and you're complaining?
The trading volume today is very low, almost everything is kind of silent and going into -%.
legendary
Activity: 929
Merit: 1000
February 02, 2014, 06:17:23 PM
#12

I know everyone is panic selling now, but what do you think this will do to DOGE prices in the long run?

imho the doge community is great, it will not die with this crash. If with long term you mean years, it's quite a risky investment. I don't see a long term future for doge.

The two posts below from the github discussion on this made things a bit clearer for me.


rotaercz commented 7 hours ago

The announcement could have been a bit more clearer. People now think there's going to be trillions of Dogecoins in the next 2 years being an inflationary currency.


alan2234637 commented 7 hours ago

I agree with @rotaercz there should be a clearer announcement for this so people don't get confused. In fact, our 'inflation rate' will be less than Bitcoin till 2017 and less than Litecoin till 2020.


Another post by miikao says

not to mention that getting the theoretical supply to 1 trillion would take a whopping 199 years


You can read the original at this link (just search for trillion).

https://github.com/dogecoin/dogecoin/issues/23
member
Activity: 98
Merit: 10
To The Moon!
February 02, 2014, 06:11:09 PM
#11
newbie
Activity: 42
Merit: 0
February 02, 2014, 06:08:14 PM
#10

I know everyone is panic selling now, but what do you think this will do to DOGE prices in the long run?

imho the doge community is great, it will not die with this crash. If with long term you mean years, it's quite a risky investment. I don't see a long term future for doge.
member
Activity: 111
Merit: 10
February 02, 2014, 06:03:25 PM
#9
Can't go to the moon if there's unlimited coin supply.

inflation brings the price low..

I knew doge was full of greed.

legendary
Activity: 929
Merit: 1000
February 02, 2014, 06:01:19 PM
#8
The announcement that the block reward will not end and so the 100 billion cap was not correct appears to be what is causing this.



I know everyone is panic selling now, but what do you think this will do to DOGE prices in the long run?
sr. member
Activity: 797
Merit: 251
February 02, 2014, 05:55:02 PM
#7
Setting a rebuy order. At 30 satoshi.  Wink
legendary
Activity: 1022
Merit: 1000
February 02, 2014, 05:46:57 PM
#6
The announcement that the block reward will not end and so the 100 billion cap was not correct appears to be what is causing this.

newbie
Activity: 42
Merit: 0
February 02, 2014, 05:45:00 PM
#5
Good, I missed the first doge train, now the second is coming (but not sure if it will start Cheesy).
full member
Activity: 462
Merit: 100
February 02, 2014, 05:42:52 PM
#4
much wow
such prediction

it will rise back once reward halves
sr. member
Activity: 273
Merit: 250
February 02, 2014, 05:42:45 PM
#3

ALERT! Buying opportunities coming up!

If you missed out on Doge, here's your chance!

Blocks halving coming up, also increased media attention with the Olympics.
newbie
Activity: 12
Merit: 0
February 02, 2014, 05:39:50 PM
#2
As i and many others have perdicted, Doge is crash is happening this very moment.




https://i.imgur.com/QlezlnK.png


https://i.imgur.com/ukp9SvK.jpg



https://i.imgur.com/MQnClOS.png


All the charts look the exact same, doge doesn't look different.
legendary
Activity: 1512
Merit: 1124
Invest in your knowledge
February 02, 2014, 05:38:07 PM
#1
As i and many others have perdicted, Doge is crash is happening this very moment.












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