Quote from: maximumpanda on August 27, 2014, 12:07:56 AM

Quote from: BayAreaCoins on August 26, 2014, 11:33:40 PM

Quote from: rnicoll on August 26, 2014, 11:28:14 PM

Quote from: BayAreaCoins on August 26, 2014, 11:18:06 PM

I won't be annoyed at all.

I'll just say 5.25 billion DOGE forever diluting your stash. I still don't get why any holders/anyone would want this.

beyond me

Well, it provides motivation for people to use their coins rather than hoard, and primarily invest in related businesses in the very long term. Short term adoption drives value, and given we have 100-200k users now, and there's a billion+ potential users, hopefully the scope for growth that way is clear.

Further, any lost coins and burnt coins also cut down that 5 billion figure.

It motivates people to do something... try to jump ship before the next guy! Why would you invest in a long term anything that prints endless tokens that you can't even physically use (a USD you can use for joint paper/fire starter/loose leaf/clothes ect ect) and are diluting your coins making them not "special". BTC has that special feel.

Listen... half of the stupid ass community is trying to burn DOGE and the other half is saying making more DOGE is good.

Cap the coin before the damage is TOTALLY undoable... which I think the damage has already been done, but might as well try.

bitcoin will inflate more this year than doge.. so quoting 5.25 billion as the reason not to invest is like saying, why invest in a coin with only 5% inflation when you could be investing in a coin with 15% inflation... also bitcoin still have to solve the incentive issue related to mining (ie much higher transaction fees, vs killing mining all together). they are using their current inflation to payoff miners but in about 5 years there will be a huge amount of mining hardware out there that is not worth the money to run anymore... but it just so happens that hardware is perfectly suited to double spend bitcoins... (this is why dogecoin is forking to auxpow now, and bitcoin will have to figure out their own fix soon).

Doge has a short halving (Bitcoin; 4 years); But this choice has not stopped the fall price, We have a lot of 2014 coins launched only for simple pump and dump, these operations have diluted the value of more mature alternates like BQC, later FRK, and lately DOGE. We need trust and stop these scams operations...