Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.7 Available
by
hotdk
on 14/08/2014, 15:37:01 UTC
I warned everyone that an inflationary coin has no future but at that time hundreds of shibes with much economics insight claimed the opposite.
Amazing how this turned out. Wow.

Well, it might have a future again soon with inflation being out of the picture, along with low price and overall cap giving it the "potential" to go up again. I think it will. DOGE has brand recognition and got too big to not make another run again, imo.

But right now the entire crypto market is looking bad, and as long as BTC is heading down, it's going to further pull coins like DOGE and LTC down with it. But, if history does repeat itself, the next bottom will be the time to go all in on crypto (whatever you can afford to lose). Either we lose it at all after that or be very happy a few months later. Tongue

Inflationary is not a problem,but too big inflationary is a big problem. The inflationary must be lower than USD ASAP. You must treat people as a Economic man but not a fool. Right now Dogecoin can't be used to shopping. Shopping more, kill dogecoin more. It is history chance. if it passed, you can't get the chance back.

Any inflation is a problem.

Burn n burn, but there will be moar n moar.

You can't build a layer on top of a flaw layer and not expect it to not be flawed too.

Every currency is inflation. If dogecoin's inflation is lower than USD, then it is worth to be hold. Like a land. And dogecoin is more easy and cheap to be used on  internet. Some one can hold it to get benefit(Better than USD), some one can use it to shopping, tip... When people get USD salary, they will change USD to dogecoin. And one day, they will get dogecoin salary. Then dogecoin could be a real currency. In this model, PoS is much more better than POW. There is no perfect currency, and don't try to fix all problem one time. But changing is the only thing that never changed, just step by step. Dogecoin need to be changed on two point: 1 change to POS( or something like PoS, I don't know). 2. the inflation must be lower than USD( lower than USD's 10 years average inflation).