Post
Topic
Board Altcoin Discussion
Re: Could Dogecoin Hit $2 ?
by
yatsey87
on 28/01/2014, 10:41:12 UTC
the marketcap would have to be 200 billion = 20x bitcoins marketcap
we can still hope for 1 cent per coin.

Say, you own 1b Dogecoins at the current price.
You have 2 options:
1. Start selling, placing huge sell orders and break the market down.
2. Sell only part of it, but get bigger income.

It's not all about the only market cap i think.

Who owns 1 billion dogecoins? lol. And it is all about the market cap. If there's billions of coins, then they'll probably only be worth something if there's billions of people using them.