Quote from: e-coinomist on April 04, 2017, 06:40:23 AM

Quote from: iamTom123 on April 04, 2017, 01:43:57 AM

Quote from: jjacob on March 18, 2017, 06:34:47 AM

Dogecoin is an inflationary coin. While it may have a stable price and be very useful in micro-transaction, it is unlikely to attract speculative investors. So the price is not likely to take off.

That can be a good problem for DogeCoin. This coin can be packaged as a coin just to have some fun and can work in the long run. The fact that there are no updates and activities related to this coin can tell us that there is no good community built behind this coin and that is something we don't like. Having a community backing and working for any coin counts a lot. I am hoping that soon developers of this coin would be seriously working to make it another serious digital currency that can stand and compete with the rest.

Highly inflationary even. But hoovering on a stable satoshilevel for monthes, so these two effects ballance out each other: adoption vs. mining.
The current lack of a devteam itches me too, if comparing with litecoin. Still stuffing all scrypt coins into the same bag here.

It was hovering against USD as Bitcoin was rising. That doesn't make it a good alt to invest in though, even if it is better than some others that tank whenever Bitcoin goes up.
Maybe the rise yesterday was it, each pump is smaller than the last, as it should be with an inflationary coin.

I mean, at the end of the day, it is a coin based on a meme of a dog with bad English, it probably won't stay the course long term.