now imagine by 2020, the price is lower, the difficulty is higher, (i am not sure about how mining reward works i think it is fixed), and the blockchain of Dogecoin is huge. in this case miners will quit, the full nodes disconnect, the security of the coin is compromised, with a couple of double spends it dies.
So in actual fact I don't think the coin has infinite supply in the real world. It does however have infinite supply based on the algorithm (
hope you understand what I'm trying to say). If the miners eventually decide to stop mining the altcoin then that means the supply of dogecoin will be impacted and might even stop but then there will still be dogecoin in circulation.
Because of this dogecoins becomes scarce and as a result price gets affected positively because more people might start to deem the coin more valuable because of the limited supply that exist at that moment in time. So I think I might be going crazy
or I think the price of dogecoin will eventually increase when this happens.
Thanks for your feedback Red-Apple
p.s. your question belongs to altcoin speculation board by the way.
Sorry about this, how do I move the question to the right board?
if miners stop to mine... who will process the incoming transactions?
when this happens a coins is dead because no one could move the coins in the blockchain.
Yes infinite concept is not real, but you can call as "inflation". Basically number of doge coin will growth without a stop.
Only a fork with a limited supply could change this, but an hard fork means another coin
