Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DOGE] Dogecoin - very currency - many coin - wow - v1.2 Released
by
kalus
on 24/12/2013, 17:47:46 UTC
Remember guys there is going to be 100 billion coins produced so prices can never get too high.
Remember guys the total number of coins produced has absolutely nothing to do with prices.

I'm afraid you are wrong. How does a larger supply not affect the price?
the currency is divisible, just like bitcoin, litecoin, etc. etc.  all divisible to 8 decimal places. 

nothing stops the dogecoin slipping to half its price, even if we were to double the total number to 200billion.  

the number of coins has nothing to do with the price.  bitcoin dropped by 50% in a month, and it had nothing to do with the supply of bitcoin.  only the demand.