I think those getting out of doge because of the market cap limit removal are a bit short sited, and ive come around to the idea after initially disliking it. This coin is basically on fast forward for its first year, at which point it will crawl along at 5% from this time next year. Sure its indefinite - but honestly how many people are really going to hold for such an amount of time that it will have a profound efect on the coins price?
I dont see people crying about the fact that Bitcoin is going to inflate by 11% in 2014, 10% in 2015, and 9% in 2016. Anything could have happened in this crazy crypto world by the time that the decision to add 5% yearly really starts to have any noticable effect.
Its not just the 5% yearly inflation from next year (10 000 new coins every single minute) for ever and ever its more the 80% inflation in the next 3 years which makes smart money depart. At beginning of year there where about 30bil in 3 years time its 110bil.
With my pension fund i try to increase my purchasing power by 5% not lose 5% yearly, the longer i hold the worse of i will be, year after year.
The average house price in America in 1964 was $14 000. Would someone have held the money till now he could buy very little with it this days. Would he have purchased a average house it would be about $222 000 today. The price of the house has not changed only the currency lost few percent (2-3) every year in relation to it.
I am still holding millions, but getting itchy.