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Topic: Removed. - page 5. (Read 9231 times)

global moderator
Activity: 3990
Merit: 2713
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January 28, 2014, 06:11:04 AM
#47
From one side, doge is not serious enough to hit such a price but from another side, considering the power of viral marketing and next flood of newcomers then who knows...

Let's see where Doge is in a years' time.
legendary
Activity: 1344
Merit: 1001
January 28, 2014, 05:44:52 AM
#46
From one side, doge is not serious enough to hit such a price but from another side, considering the power of viral marketing and next flood of newcomers then who knows...
hero member
Activity: 840
Merit: 509
January 28, 2014, 05:41:12 AM
#45
the marketcap would have to be 200 billion = 20x bitcoins marketcap
we can still hope for 1 cent per coin.

Say, you own 1b Dogecoins at the current price.
You have 2 options:
1. Start selling, placing huge sell orders and break the market down.
2. Sell only part of it, but get bigger income.

It's not all about the only market cap i think.

Who owns 1 billion dogecoins? lol. And it is all about the market cap. If there's billions of coins, then they'll probably only be worth something if there's billions of people using them.
global moderator
Activity: 3990
Merit: 2713
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January 28, 2014, 05:39:05 AM
#44
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.


Most of these alt coins are manipulated one way or another. Pretty much all of them are just get rich quick schemes suckering in newbs.
newbie
Activity: 23
Merit: 0
January 28, 2014, 05:34:59 AM
#43
the marketcap would have to be 200 billion = 20x bitcoins marketcap
we can still hope for 1 cent per coin.

Say, you own 1b Dogecoins at the current price.
You have 2 options:
1. Start selling, placing huge sell orders and break the market down.
2. Sell only part of it, but get bigger income.

It's not all about the only market cap i think.
hero member
Activity: 840
Merit: 509
January 28, 2014, 05:26:35 AM
#42
Doge, unlike other cryptocions, has a BIG supporting community.
I agree that 2$ is way too high, but why not?
If bitcoin is the "gold" of crypos, that doge can be the daily "dollar" for smaller transaction...

Having loads of kids who own a few hundred dogs and are desperate for more doesn't really mean anything.
brand new
Activity: 0
Merit: 0
January 28, 2014, 04:59:30 AM
#41
Doge, unlike other cryptocions, has a BIG supporting community.
I agree that 2$ is way too high, but why not?
If bitcoin is the "gold" of crypos, that doge can be the daily "dollar" for smaller transaction...
member
Activity: 112
Merit: 10
January 28, 2014, 05:02:59 AM
#41
Doge, unlike other cryptocions, has a BIG supporting community.
I agree that 2$ is way too high, but why not?
If bitcoin is the "gold" of crypos, that doge can be the daily "dollar" for smaller transaction...

You forgot to add the amount of coins  Wink 100 billion total  Kiss
legendary
Activity: 1096
Merit: 1067
January 28, 2014, 04:27:43 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.
full member
Activity: 182
Merit: 100
January 27, 2014, 11:10:55 PM
#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
hero member
Activity: 672
Merit: 501
January 27, 2014, 10:38:31 PM
#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.
hero member
Activity: 770
Merit: 500
January 27, 2014, 07:26:37 PM
#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.
full member
Activity: 182
Merit: 100
January 27, 2014, 05:53:08 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.)
sr. member
Activity: 276
Merit: 250
January 27, 2014, 05:33:59 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
legendary
Activity: 2100
Merit: 1167
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January 27, 2014, 05:14:52 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.
legendary
Activity: 1400
Merit: 1000
January 27, 2014, 05:00:57 PM
#33
Maybe in the next decades  Cheesy $2 that's such insane
legendary
Activity: 896
Merit: 1000
January 27, 2014, 04:59:02 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...
newbie
Activity: 9
Merit: 0
January 27, 2014, 04:41:38 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/
hero member
Activity: 840
Merit: 509
January 27, 2014, 03:19:16 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
hero member
Activity: 644
Merit: 500
January 27, 2014, 03:11:27 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.
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