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Dogecoin TO THE MOON!

 
300BLK

User ID: 21105045
United States
04/16/2021 07:56 PM

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Re: Dogecoin TO THE MOON!
...

Well, ok, only 5 "billion" more coins a year.
 Quoting: 300BLK


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.
 Quoting: Anonymous Coward 79046050


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.
 Quoting: 300BLK


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!
 Quoting: eyeDR3


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
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Re: Dogecoin TO THE MOON!
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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.
 Quoting: Anonymous Coward 79046050


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.
 Quoting: 300BLK


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!
 Quoting: eyeDR3


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.
 Quoting: 300BLK


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
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Re: Dogecoin TO THE MOON!
Put $30 at $0.003 and now worth over $7,500.

epiclol
 Quoting: #Geomagnetic_Storm#


Nuts.

crazyjak
eyeDR3

User ID: 79828781
United States
04/18/2021 05:01 PM
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Re: Dogecoin TO THE MOON!
Notice the thread died just as the upward momentum did?

I'm realizing... By the time you are made aware of just about anything, it's nearly too late.
:memorybanner:





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