Topic: The time of Dogecoin is nigh (Read 2959 times)

No, the main mining period is 100billion, but it then switches to a constant 10kDOGE/block to subsidise mining fees (which is why Doge is at around $0.0001 fees for each transaction rather than the $0.03 and rising that BTC has). That gives it a steadily decreasing inflation rate, of about 4-5% this year and trending towards 0 in the very long term. This is also mitigated somewhat by lost coins and those burnt to make other cryptoassets (i.e. Dogeparty)

Wasn't the number of Dogecoins capped at 100 billion?

+1

Dogecoin will overtake Litecoin's market cap in the next 6 months.

Hmmm; a value investor.

Doge to me has some extremely toxic people behind it; so toxic in fact, they chased away early foundation members and the creator Jackson Palmer as well.

Check these asshats out:

http://www.liveleak.com/view?i=e63_1404777061

A nice article on the topic:

http://www.dailydot.com/business/moolah-dogecoin-alex-green/

These were recently brought up again with the Moolah takeover of Mintpal and their subsequent suckiness. I was really surprised since they've done their best to hide this stuff (for example, the "audit results" have been scrubbed from not only the Moolah blog, but Coindesk as well).

Dogecoin is doing nice recently , good time for Doge lovers . Lets see if this sustains or its just another hype.

You need tt check this again in last 24 hours doge volume was 1/111 of bitcoins.
$ 63,408,900   vs   $ 569,061   

Consistently doing about 1/4 - 1/3 the transaction volume of bitcoin.

For a shitcoin Dogecoin is doing quite well.

I think in the future, we will be able to chose what currencies we use based on what we support and believe. (and perhaps most coins will be issued by companies/organizations, and we chose to use their currency based on its values matching ours). Anyway the point is, Dogecoin represents kindness, friendliness, tipping/sharing. It's the type of community I want to be involved and, and I do believe, that many in the future will want to be involved with too as soon as they discover it (when it starts taking off next time and attracts a large amount of attention).

Just sayin.
The network is as strong (actually stronger) than litecoin's now.
87k members.
Consistently doing about 1/4 - 1/3 the transaction volume of bitcoin.
And dogecoin will move up far faster than bitcoin can. ($27m market cap vs $5b).

And not to mention, bitcoin's max block size of 1mb is nearly reached (currently around 300kb per block), Dogecoin's is 10kb (largely because it gets 10 blocks for every 1 of bitcoin's (1 minute blocks). This is an important issue, Gavin (a lead bitcoin dev) was suggesting a hardfork just for this.

I'm a value investor, if I felt there was greater value in bitcoin (especially in the time frame of the next year or 2), I would prefer to hold bitcoin.

I used to hate dogecoin too, basically just spiting them for being a "meme coin" (who would take a meme coin seriously right?)
But in the past year, the community has proven to be extremely friendly, and extremely effective at coming together and doing things larger than bitcoin (nascar, olympics, doge4water, etc).

And just to boot, Dogecoin has been around nearly a year now and has passed the test of time.

Do yourself a favor and research it, look at the fundamentals, seriously. do it.


Edit: one final thought. I think in the future, we will be able to chose what currencies we use based on what we support and believe. (and perhaps most coins will be issued by companies/organizations, and we chose to use their currency based on its values matching ours). Anyway the point is, Dogecoin represents kindness, friendliness, tipping/sharing. It's the type of community I want to be involved and, and I do believe, that many in the future will want to be involved with too as soon as they discover it (when it starts taking off next time and attracts a large amount of attention).

It's unlimited which means it's no different than your traditional fiat money which is inflationary


dodge is no different than any other altcoins, be it sha2/scrypt/custom-coded, it that it is still and will forever be an altcoin. In the world of cryptocurrency, it's just Bitcoin (the first, the one that created the term cryptocurrency) and altcoins (the rest, cryptocurrency clones that will always be based back to Bitcoin). Unless someone can come up with a form of decentralized money that is not categorized as cryptocurrency, then there is a difference and a distinction. Any other coins that uses the Bitcoin solution of trust (the blockchain, the public ledger solution) is just copycats of Bitcoin.

What is the maximum amount of dogcoins there will ever be?

I see what your saying and I definitely do think that time is coming. But alas, I want to keep this conversation focused on Dogecoin and bitcoin to avoid getting too off topic.

The colored coins (including xcp created) will soon fill the charts. 2015 will be the year of colored coins.