Dogecoin TO THE MOON! | |
300BLK
User ID: 21105045 United States 04/16/2021 07:56 PM Report Abusive Post Report Copyright Violation | And over time it becomes more difficult to mine so the payout decreases which reduces the incentive to mine thus keeping the supply lower while hopefully keeping demand high. Meanwhile, most other coins are not adding any new supply at all and the total supply is less than doge is adding every year. The reality is, doge should never increase in long term value compared to bitcoin. It should not be mathematically possible. Many wow. I guess that's all there is to it? Is dogecoin proving crypto is useless, or is it solidifying it as a feasible investment platform? Or both? It's all coming down one day soon anyway but why not have some fun with it! Exactly, I've stayed away because it makes no sense. Like why does tether stay around a dollar just because it's backed by the dollar? Nothing should stop it from rising in value like coins not backed by anything. 300BLK |
eyeDR3
User ID: 79828781 United States 04/16/2021 08:00 PM Report Abusive Post Report Copyright Violation | ... Quoting: Anonymous Coward 79046050 And over time it becomes more difficult to mine so the payout decreases which reduces the incentive to mine thus keeping the supply lower while hopefully keeping demand high. Meanwhile, most other coins are not adding any new supply at all and the total supply is less than doge is adding every year. The reality is, doge should never increase in long term value compared to bitcoin. It should not be mathematically possible. Many wow. I guess that's all there is to it? Is dogecoin proving crypto is useless, or is it solidifying it as a feasible investment platform? Or both? It's all coming down one day soon anyway but why not have some fun with it! Exactly, I've stayed away because it makes no sense. Like why does tether stay around a dollar just because it's backed by the dollar? Nothing should stop it from rising in value like coins not backed by anything. Yeah there are a lot of very strange occurrences I've seen and I've got VERY little in right now. Take XLM for instance. It just wasn't moving seemingly for weeks, it stayed around 0.40 cents, then it just blew up. Honestly what changed? Also Bitcoin is super inflated at this point. Who knows what will happen next. But it's hard to believe some of the theories being thrown around, like Bitcoin at $1 million dollars. :memorybanner: |
Anonymous Coward User ID: 78866141 Canada 04/16/2021 10:30 PM Report Abusive Post Report Copyright Violation | |
eyeDR3
User ID: 79828781 United States 04/18/2021 05:01 PM Report Abusive Post Report Copyright Violation | |