Re: [ANN][DOGE] Dogecoin - very currency many coin

As long as it has a community to back it, it will always have a market. If people give up on it, it'll die. If they keep pushing it, it's showing that a social experiment can be successful, :p.

You need more then a community to sustain a proof-of-work-based crypto currency. You need a strong network hashrate. Otherwise it doesn't matter how much community you have, the coin will get attacked, forked, and essentially destroyed. This is Doge's most likely future, and it was a destiny from the start due to a horribly considered distribution model.

Again, Doge was and is a joke.

Quote from: devphp on May 29, 2014, 08:30:17 AM

yeah yeah, see you in a year

Probably. But I doubt it'll be in any thread about DogeCoin.

See you in another halving or two...

yea i wonder what next halving will do with the price

Just like the other two , it won't do a thing.
The price went almost unchanged last time and on the first time it actually went down.

So , don't put any hopes in another block reward halving.

I'm with you on this. There are tons of coins out there already, and not enough investments. This is why the coin is going down in value. Halving the block reward doesn't magically make people start throwing money at the coin; it just enhances the effect of money that IS invested. But to get there, we need more money flowing in.

Absolutely. When I made that comment, I was hinting that halvings will likely see further decreases in price, because more miners will leave and the network security will drop significantly.

Why would anyone put money into Doge? Isn't it a joke?

very currency many coin!