Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.4 Released MANDATORY UPDATE
We have way too many coins for even 1 cent to be possible, unless bitcoin went to like $100k or something.
Where do you get your math from?
It's possible for Bitcoin to stay approximately at the current price and Dogecoin to hit a 100 billion market cap. Why? Because it's still going viral and Dogecoin is the Internet currency for the masses. It has the potential to reach millions of people. If Dogecoin hits the colleges like Facebook did, we might fly right past the moon.
100 Billion coins for the masses is really not that many.
The reason there wont be many Doge Billionaires is because people will trade it way before it ever matures to that level. Generally the nature of greed and fear will do this alone. And hopefully people will use their wealth and not hoard billions of coins.
If a few people hold most of coins without using them then we won't see it's full potential. It's takes the proper use of money to make money.
But the future holds many great possibilities.
Even 3rd world countries could be using Dogecoin for Internet payments in the future based on current trends:
http://www.techradar.com/us/news/phone-and-communications/mobile-phones/why-basic-smartphones-will-win-in-the-race-for-the-next-billion-users-1145720
http://bits.blogs.nytimes.com/2013/09/26/developing-countries-surge-in-mobile-broadband-u-n-finds/?_r=0
http://techcrunch.com/2012/06/09/feature-phones-are-not-the-future/
http://bitcoinwarrior.net/2013/06/the-bitcoin-breakthrough-in-the-third-world/
Google & Apple might have a 1 Trillion Market Cap within the next 10 years.
http://seekingalpha.com/article/1761042-will-google-beat-apple-to-1-trillion
It's more common these days for large companies to have over 100 billion dollar market cap.
http://www.pwc.com/gx/en/audit-services/capital-market/publications/top100-market-capitalisation.jhtml