I warned everyone that an inflationary coin has no future
Do you mean Bitcoin with its double-digit inflation this and next year? Why are you
suddenly so pessimistic about its future? What non-inflationary crypto do you prefer?
Bitcoin has a target..21 million coins.
Doge has another target... unlimited supply.
But don't get me wrong.
As a currency doge has no future with this numbers. As a fun coin , tipping coin or crowd funding it will never die.
Ps. I never was very optimistic about the future.
Unlike you....
After the next halvening when block reward becomes 125k and certainly after the next one in June (62.5k block reward) the supply of newly dumped coins will diminish and 85% of all the Doges will be in circulation, that's when the price will start growing. Hence the next 2 weeks will be hard, then it will get easier, and at the end of June significantly easier and 200 satoshi. Wafflepool and other multipools will switch to mining Litecoin exclusively and stop dumping millions of doges. Just hang tight, the bright side is near. Doge will be $0.01 this year.
Look at the graph and tell us what happened at the last reward halving.
The hope for doge lies in it community and if it will stay alive during this month of china madness it will recover.
But for the first time the community is braking apart
I heard that at 60 cents at 50 cents now at 40 cents.
Do not underestimate the bears. If more fud comes from china you're going to buy the coins at 10 cents.
Bitcoin went from $1200 to $400,
Doge went from 280 to 95,
going down in unison, 3 times cheaper now from their peaks, so same logic applies to both - people kept saying bitcoin is a great buy at $800, then at $600, $500. The difference is DOGE is way more undervalued, and hence a bargain. Both Bitcoin and Doge could go down more, but that's fine, catching the exact bottom is tricky. What's more attractive in Doge is its upside potential. However, 10 cents per 1000 doge means Bitcoin will be $100. You think it's feasible? I don't think so. 30 cents, $300 for bitcoin is still possible.
10 cents, $100 for bitcoin means cryptos are dead, never to recover again, and going to zero.Hmmmmm
Current price is 16cents....