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

It's good ideea for now investing in dogecoin? or this coin is almost dead? Huh

If you like investing in things where your shares will be diluted forever then sure!

I'm still very bearish on this until a strong cap of 100 billion is put in place. Now is the perfect timing with the merge mining of LTC.... people bought into DOGE because the OP said there was a cap.

I'm confused, I read somewhere they were putting a max cap or greatly reducing the subsidy, is this not true?

Does anyone know how many new doge coins are printed per month/year right now and how many doge coins are expected to be burned per month/year?

Cause with this massive inflation it's just not gonna work. Thanks!

Quote from: Dogecoin on December 08, 2013, 03:55:25 AM

much reward

Block 1-99,000: 0-1,000,000 Dogecoin Reward
Block 100,000 144,999: 0-500,000 Dogecoin Reward
Block 145,000 199,999: 250,000 Dogecoin Reward
Block 200,000 299,999: 125,000 Dogecoin Reward
Block 300,000 399,999: 62,500 Dogecoin Reward
Block 400,000 499,999: 31,250 Dogecoin Reward
Block 500,000 599,999: 15,625 Dogecoin Reward
Block 600,000+: 10,000 Dogecoin Reward **<- Should be 0**

That is how many DOGE per minute

Edit:

Fuck it YOLO make the 600,000 blocks 1 million for ever Tongue

I think you guys are forgetting to take asics into the equation. Ok 100billion doge first year. 5billion all other years. and a whole crap load of asics and merged mining for doge. This means doge gets harder and harder to get ahold of. lets say kinda like bitcoin is. its gonna get to where you wished you got 500 doge a day. yeah that kinda hard to mine. and when something gets that hard to get. It will rise in value. nobody is bitching about bitcoin being mined everyday. and forever. btc value is in the fact it is rare. You have it laid out in front of you. Doge coin is gonna become very very very Rare. just look at it. ASICS and MERGED MINING and block reward reduction. this equals Rare Rare Rare!!!! We are all lucky because we can see it coming. In ten years everyone is gonna be kicking them selves because the did not mine the Shit outta Doge when it was easy to get.