Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Meme Coins => Dogecoin Forum => Topic started by: troll on November 01, 2017, 11:04:15 PM
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Doge is not capped at 100 billion coin, it inflates at a rate of 5.2 billion doges a year.
Meaning every year an additional 5.2B doges are added to the total.
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divide it to worlds population = 111b coins still nothing!
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Doge is not capped at 100 billion coin, it inflates at a rate of 5.2 billion doges a year.
Meaning every year an additional 5.2B doges are added to the total.
I think this is way too much and it must be one of the factors affecting the value and price...
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Doge transaction 1 doge (about 0$). Minium money that why have big supply
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Will Doge coin eventually reach $1
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Will Doge coin eventually reach $1
That is my prayer, people just have to transact with the coin, to keep it alive, with That the price and value might go up.
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The reason of low price of Doge is its expending quantity. I have some Doge but there is no I in value.
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In crypto world nothing really is impossible. Just amassed enough and forget it there. One day hopefully it will moon
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divide it to worlds population = 111b coins still nothing!
I like your simple calculation, but i don't think population as something to do with the coin price improving tremendously. This is just simple demand and supply.