>>> DOGE team is no longer active
This. No/little development hurts the price. Bagholders should motivate someone to increase the value of their investment.
This is false.
Recent video from the developers:
https://www.youtube.com/watch?v=9vjlLa1SbTsToday's Year of the Doge developer Q&A:
https://twitter.com/dogecoin_devs/status/964421183012708352Besides, core node development doesn't really matter much since it already works so well. What matters is the actual usage of Doge and the dogeconomy, which has been also doing well, and growing.
Wallet development is important though. A week ago or so i tried to setup a doge lightwallet and it wasn't a good experience. There wasn't any alternatives as far as i saw. Wowdoge wallet looks like its from the stone age. Doge needs something like electrum wallet. *This part needs a fix. The wallet i mentioned wasn't wowdoge, it was multidoge. (multidoge still sucks) Just tried wowdoge wallet and its perfectly fine. I don't know why i haven't seen it before.* Now i remember why i skipped wowdoge. It needs to be synced goddamit. So my first point is still valid. We need a better lightwallet.
Secondly, removing the hard cap creates inflation and scares the holders away. Nobody in the right mind would hold a coin without a limited supply. Doge needs to find a solution to this so they can be a store of value and a cheap payment method at the same time like bitcoin.
At the current state of bitcoin where a non-segwit tx costs only 0.10$, doge has no use case. I'll still hold a few thousand doge's maybe something crazy happens and we'll see
1doge=1doge 1doge=$1 in the future. wow.