Quote from: hotdk on March 08, 2014, 02:59:30 AM

Quote from: AlexGR on March 07, 2014, 08:38:55 PM

Quote from: hotdk on March 07, 2014, 03:30:02 AM

Quote from: AlexGR on March 05, 2014, 09:31:44 PM

Quote from: mashac on March 05, 2014, 03:12:55 PM

Quote from: AlexGR on March 05, 2014, 02:45:18 PM

If I had 10k euro invested, I'd take out at least my investment capital. Fundamentally, there's no future in a "let's issue a few hundred billion coins for the fun of it". Kittehcoin died, despite a reduction to 25bn, and DOGE will die too - the coins in circulation are simply too many and the inflation is bad too. It's bad economic planning from a coin which wasn't even intended to be serious. That's my take on it, at least.

I love the stupid dog face, it's epic trolling with the "such currency", "wow" etc etc, but 10k euro? Just get the capital out so that you won't have RL losses and leave some of the profits behind if by any chance the coin goes to the moon. (Personally I'd also cash out the profit and taking the "risk" of losing a future spike).

Nope... you just don't understand how crypto's work and what Dogecoin is aiming for.... Inflation is good for doge in the long run...

Inflation is good to secure a network but it has to be spread out over a long period. If you aim to issue all the coins in one year, then you have a problem in your hands for the future-proofing of the coin. And if you "fix" that with an endless number of coins, you are violating basic economic rules.

If you have coin A and coin B and their only difference is the scarcity of A, the price of A will be larger in the long run. This means that coin B is not good as an investment & store of value, except for quick profit making.

If you think that the founders of Bitcoin knew not of these things and that DOGEcoin "fixed" their flaw, ok, then sell your house and buy DOGEcoins. Maybe you can buy a mansion. Or you can end up homeless, living on the streets with the dogs Tongue

Bitcoin could be mined for 140 years. It means bitcoin is inflation in your whole life. 5B new doge every year means, it is a very small inflation and the inflation is reducing every year.

Bitcoin = finite
Dogecoin = infinite

Bitcoin = scarce
Dogecoin = abundant

Finite / scarce = better price than infinite / abundant. It's just the way it goes with supply and demand. Basic economics.

If you can live more than 140 years, bitcoin is finite. But in your whole life bitcoin is inflation.
Dogecoin's inflation rate: 5%, 4.76%,4.5%,4.3%,4.1%,4%,3.8%.... 0.0001%....0.000000001%, what is the different with 0.00001% and 0?
Bitcoin's inflation rate is more than 10% for the following years(litecoin' inflation is much more bigger). You have to wait 140 years to 0.00001%.Do you have that time?

In reality even more than 140 Cheesy

why ...
People are loosing BTC, burnig look cunter party mastercoin...
So real inflation is even higher Tongue

than what we know.