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.
wow. such true.
Right now ~5% of wallet addresses own 95% of the released coins. When they dump, it will cause a price fall for sure, but hopefully it will level off eventually.
I dont think this is true though. The % of wallet owners is totally misleading based on the amount that are abandoned/empty:
http://bitinfocharts.com/top-100-richest-dogecoin-addresses.htmlif you look here there are apx:
235 users owning 35% (10mil +)
26,000 users owning 50% (100,000 - 9,999,999)
90,000 users owning 7% (1,000 - 99,999)
then the rest is where-ever.
Still not an even spread, but theres never going to be at this early stage. Also if you compare this to quark on the same site, that coin has 300 people owning 75% of the coins.