Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.8 Required Update
by
Vlad2Vlad
on 27/08/2014, 19:28:08 UTC

Some know facts:
Bitcoins highest closing price some time ago was $ 29.6 on June 8 2011 the lowest closing price on Nov 18 was $ 2.049 a decrease of 93.08%
Dogecoins highest closing price was 280 the lowest closing price 23, a decrease of 91.79%

Since that day Bitcoin has seen highs as high as 1163, a increase of 3829.05% from the 29.6 high
A 3829.05% increase from the 280 high would be 11001 satoshis



So you think doge should be worth over $5 billion?

That analysis is wrong on so many levels.

Doge will have a massive run and it will make new record highs but at best it will be worth about $1 billion.  Which for a totally inflated ShitCoin is unreal.

At $1 billion it would be a return of 100 fold from today's $10 million market-cap which would be a 10,000% increase or 2,500 Satoshi.

This is a best case scenario for Doge which would only happen if they're added to BitPay/Coinbase and their hedge fund backed marketing machine kicks into high gear and they significantly slow down their massive imfsltion rate.

Cheers!