This is not necessarily a fact of concern. DogeCoin becomes more difficult to mine over time.
Hence, Doge mined between 2020 and 2022 would not be the same as the amount mined between 2022 to 2024 (as an example). In a sense, yes; it is inflationary, but it becomes less inflationary as time passes.
Topic: Remember: Dogecoin [DOGE] is not capped! - page 3. (Read 611 times)
I really like Dogecoin but honestly, it is extremely overpriced right now because we should not forget a fact:
Dogecoin needs to solve a big problem: it is uncapped currently. Dogecoin has no capped supply like Bitcoin, it has infititive supply!
If DOGE solves infinite supply problem, Dogecoin can reach very high prices, but right now, Dogecoin is way overpriced because it has no cap!
I had it at $ 0.62 and I thought I had a bargain but it missed. I still hope the Elon-Doge hurricane will return stronger. My goal is $ 1 and I will continue to use my savings to keep buying. Dogecoin needs to solve a big problem: it is uncapped currently. Dogecoin has no capped supply like Bitcoin, it has infititive supply!
If DOGE solves infinite supply problem, Dogecoin can reach very high prices, but right now, Dogecoin is way overpriced because it has no cap!
Elon will use great tricks to turn Doge into a war horse. Doge will overtake BNB when it returns.
Doge is what it is, If I may say, Better not think too much of technical stuff like that. just enjoy the phenomenon like now and take the opportunity to make a profit. a lot of people didn't even really care, but they took the opportunity to get more Doge.
Ye. I will use all of my unemployment benefits to buy Doge. It is very cheap at the moment.
Doge will be good for going short in trades pretty soon. Just wait the hype to fall down and catch it short trading. I already did that last day and it did pretty good.
Best advice I can give to newbies is, if you haven't already invested in dogecoin before now , try as much as possible to avoid dogecoin, those who made money from dogecoin has already made it and have cashed out, the hype will soon die and the hype will soon die after all, don't try to jump on a moving train, it's a suicide mission, why don't you all rather invest the money in some very legit project with guarantee of great returns in the near future, dogecoin is a bubble that will sooner or later boost, no one knows when this will happen but it sure will, and when it does, alot of people are gonna cry blood, better to miss a pump than to jump on it and later be sorry for yourself.
I agree with you 100%, but FOMO is here. There a lot of people, without knowledge, who are jumping/jumped on dogecoin because the price kept on rising and rising. It is typical human behavior, when you see a coin/stock rising and rising, you want to be part of it and will buy it, without really thinking over it.
I really like Dogecoin but honestly, it is extremely overpriced right now because we should not forget a fact:
Dogecoin needs to solve a big problem: it is uncapped currently. Dogecoin has no capped supply like Bitcoin, it has infititive supply!
If DOGE solves infinite supply problem, Dogecoin can reach very high prices, but right now, Dogecoin is way overpriced because it has no cap!
Dogecoin needs to solve a big problem: it is uncapped currently. Dogecoin has no capped supply like Bitcoin, it has infititive supply!
If DOGE solves infinite supply problem, Dogecoin can reach very high prices, but right now, Dogecoin is way overpriced because it has no cap!
How is that not a problem for ETH and a problem for Doge?
Sorry but I feel desperation. Doge is exactly what Bitcoin and ETH did (or keep doing) in the past.
Mooning.
Stop scaring people. I never saw as many people as you screaming that Doge is not capped lately. Why don't you create a thread for ETH too?
Its doesnt matter as long as the demand keep increased like this, inflation is nothing if the demand rise rapidly.
The investor of Doge at this time didnt care about any fundamental, so cap, vision, fundamental is not a thing that they care about.
As long as Elon keeps shilling it, they will buy it.
The investor of Doge at this time didnt care about any fundamental, so cap, vision, fundamental is not a thing that they care about.
As long as Elon keeps shilling it, they will buy it.
Best advice I can give to newbies is, if you haven't already invested in dogecoin before now , try as much as possible to avoid dogecoin, those who made money from dogecoin has already made it and have cashed out, the hype will soon die and the hype will soon die after all, don't try to jump on a moving train, it's a suicide mission, why don't you all rather invest the money in some very legit project with guarantee of great returns in the near future, dogecoin is a bubble that will sooner or later boost, no one knows when this will happen but it sure will, and when it does, alot of people are gonna cry blood, better to miss a pump than to jump on it and later be sorry for yourself.
I agree with you 100%, but FOMO is here. There a lot of people, without knowledge, who are jumping/jumped on dogecoin because the price kept on rising and rising. It is typical human behavior, when you see a coin/stock rising and rising, you want to be part of it and will buy it, without really thinking over it.
Being uncapped is one fact and being useful or better put, having a use case is another fact and perhaps the most important one. Use case is very important in any coin, any coin which lacks it will struggle to grow and remain sustainable on the long term as it will have no power of attraction to get investors onboard as at all time. Nowadays, many people care less when it comes to supply but when it comes to use case, they get highly interested because that's where the whole thing depends on.
Therefore, in my own opinion, if Doge transform by whatever means and have a very good use case, then it will be a different story but till then, it will be what it is, which is a pump and dump coin.
Therefore, in my own opinion, if Doge transform by whatever means and have a very good use case, then it will be a different story but till then, it will be what it is, which is a pump and dump coin.
It is clearly overestimate but people are fool enough not to listen to others. I wonder who continue to buy doge coin in this dangerous condition. The price surges quite strong lately and with the current momentum, $1 is possible. But I will not spend my money in doge. Too risky and unsafe.
We can find out about DOGE via the link below.
https://vi.wikipedia.org/wiki/Dogecoin
The DOGE's mining difficulty is low and it's easy for everyone to exploit.
The unlimited DOGE supply is a project limitation but there is no way to change without a fork. So that fork is no longer DOGE. This project has problems when the original purpose is just something playful. DOGE is being value manipulated and it's time for the bubble to burst. The 101 sites that own up to 67% of the total stock are the riskiest thing about keeping value on this project. Please consider before investing.
https://vi.wikipedia.org/wiki/Dogecoin
The DOGE's mining difficulty is low and it's easy for everyone to exploit.
The unlimited DOGE supply is a project limitation but there is no way to change without a fork. So that fork is no longer DOGE. This project has problems when the original purpose is just something playful. DOGE is being value manipulated and it's time for the bubble to burst. The 101 sites that own up to 67% of the total stock are the riskiest thing about keeping value on this project. Please consider before investing.
I really like Dogecoin but honestly, it is extremely overpriced right now because we should not forget a fact:
Dogecoin needs to solve a big problem: it is uncapped currently. Dogecoin has no capped supply like Bitcoin, it has infititive supply!
If DOGE solves infinite supply problem, Dogecoin can reach very high prices, but right now, Dogecoin is way overpriced because it has no cap!
10000 tokens are generated per minute and the annual inflation supply is 5 billion. The supply is unlimited, but the evidence is that more than 90 wallets hold 90% of the entire supply, the circulating supply is approximately 130 billion, wise enough to predict something out of the ordinary. Doge is just a joke of fomo, find it when you feel it, greed is playing with fire. It's a money mixer and bloodsucking machine. Dogecoin needs to solve a big problem: it is uncapped currently. Dogecoin has no capped supply like Bitcoin, it has infititive supply!
If DOGE solves infinite supply problem, Dogecoin can reach very high prices, but right now, Dogecoin is way overpriced because it has no cap!
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Best advice I can give to newbies is, if you haven't already invested in dogecoin before now , try as much as possible to avoid dogecoin, those who made money from dogecoin has already made it and have cashed out, the hype will soon die and the hype will soon die after all, don't try to jump on a moving train, it's a suicide mission, why don't you all rather invest the money in some very legit project with guarantee of great returns in the near future, dogecoin is a bubble that will sooner or later boost, no one knows when this will happen but it sure will, and when it does, alot of people are gonna cry blood, better to miss a pump than to jump on it and later be sorry for yourself.
but the fact remains that doge needs elon's support as the main actor in a very crazy doge pump, when elon takes off doge I'm not sure doge will remain as valuable as he is now and maybe even doge will return to being a meme coin like it did before.
we know the negative statement from elon about doge some time ago the price of doge is now dropping drastically.
i think doge could have gone up when elon's statement changed and elon started pumping again like he has done several times
we know the negative statement from elon about doge some time ago the price of doge is now dropping drastically.
i think doge could have gone up when elon's statement changed and elon started pumping again like he has done several times
Doge is what it is, If I may say, Better not think too much of technical stuff like that. just enjoy the phenomenon like now and take the opportunity to make a profit. a lot of people didn't even really care, but they took the opportunity to get more Doge.
I still remember a few days ago, Doge pumped crazily, left all of other altcoins in blood. Doge fan were happy but the rest of crypto fans weren't. I know that it hurts but Doge is just a "hustle" of Elon Musk. He raised it and now he kills it for meat. Everything will be back to normal. Elon Musk and Doge are just some stones thrown to the crypto river. Hope that he won't shill any shitcoin again.
I really like Dogecoin but honestly, it is extremely overpriced right now because we should not forget a fact:
Dogecoin needs to solve a big problem: it is uncapped currently. Dogecoin has no capped supply like Bitcoin, it has infititive supply!
Dogecoin needs to solve a big problem: it is uncapped currently. Dogecoin has no capped supply like Bitcoin, it has infititive supply!
That is not a problem but a solution to secure network without having high transaction fees. Bitcoin will have to solve this problem. If it will not will not be secure enough or fees will be extremely sky high. This will not happen when all Bitcoin get mined so almost 100 years form now but much earlier. Also Bitcoin have infinity supply fro next 100 years. Are not you as concern for Bitcoin as you are for Doge?
Doge is reaching the current price due to the manipulation that already done by the big whales. This whale bought billion coins of doge coins from the market to create FOMO. I do agree with your opinion if dogecoin is overpriced at this moment but you must remember that the doge believers will ignore it. they are thinking doge will be the future of money.
Meme coin will always become meme coin. There's no fundamental behind it. Fully manipulated.
I really like Dogecoin but honestly, it is extremely overpriced right now because we should not forget a fact:
Dogecoin needs to solve a big problem: it is uncapped currently. Dogecoin has no capped supply like Bitcoin, it has infititive supply!
If DOGE solves infinite supply problem, Dogecoin can reach very high prices, but right now, Dogecoin is way overpriced because it has no cap!
Dogecoin needs to solve a big problem: it is uncapped currently. Dogecoin has no capped supply like Bitcoin, it has infititive supply!
If DOGE solves infinite supply problem, Dogecoin can reach very high prices, but right now, Dogecoin is way overpriced because it has no cap!
Just remember always regarding the purpose why Dogecoin is created it is only a meme coin and that's the reality let us stick to that point as a reference so that we will not be lost, now the question is pointing about the infinite supply for me its no sense at all because in the very beginning it is only a joke coin and today's price is also a joke and if we are not aware of the situation our money will be burn because it was all base on the hype no solid demand and only controlled by few wallets that's why the risk is pretty high compared to other shitty cryptocurrencies out there. so beware don't let yourself drown with Dogecoin. if you want to invest just a minimal amount that you can afford to lose.
Dogecoin is unforgettable for all cryptoners. because its existence will always provide benefits. just pay attention to Doge's correction after that Elon will pump again. The bottom line is everyone doesn't want Doge to go back to basics, before his long-expected $ 1 target.
I really like Dogecoin but honestly, it is extremely overpriced right now because we should not forget a fact:
Dogecoin needs to solve a big problem: it is uncapped currently. Dogecoin has no capped supply like Bitcoin, it has infititive supply!
If DOGE solves infinite supply problem, Dogecoin can reach very high prices, but right now, Dogecoin is way overpriced because it has no cap!
Dogecoin needs to solve a big problem: it is uncapped currently. Dogecoin has no capped supply like Bitcoin, it has infititive supply!
If DOGE solves infinite supply problem, Dogecoin can reach very high prices, but right now, Dogecoin is way overpriced because it has no cap!
This is the main cons of holding and buying Dogecoin. Buying this coin is just like buying fiat money with a premium. Which the premium will be devalued overtime once the supply surge in. Many traders is taking a blind eye about this and only focus on gain. They are solely relying to Elon musk hype to the price.
Dogecoin is surely the greatest rugpull of all time soon.
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