Ninjastic
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Board Announcements (Altcoins)
Re: [ANN][DOGE] Dogecoin - very currency - many coin - wow - v1.2 Released
by
Turpomann
on 24/12/2013, 18:02:51 UTC
Quote from: Viperbass on December 24, 2013, 05:45:05 PM
Quote from: roastbeef on December 24, 2013, 05:43:57 PM
Quote from: kalus on December 24, 2013, 05:40:32 PM
Quote from: Viperbass on December 24, 2013, 05:35:51 PM
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?

Currently 720 million dogecoins are being added to the market everyday.
Yeah, but if you think that current US GDP alone is nearly $18,000,000,000,000, never mind the rest of the world(71,8). Maximum amount of DOGEs will ever be only 100,000,000,000. So if you keep that in mind, it's easily possible that 1 DOGE will be $1 someday.  Cheesy