its fun and friendly, not scary like Bitcoin
tell that to those that lost money :P
We are buying Doge because it is going up
i can't argue with that!
Also, there is no fixed limit which is a deliberate tokenomics decision in order to keep the price of each individual token low.
Posted Using LeoFinance Beta
Its not that bad actually. I have been comparing tokenomics on Twitter today,
The inflation rate of Doge actually decreases each year because only 5b new tokens are added. That doesn't change, but its percentage of overall circulation decreases.
comments like everyone in the world could have 16.3 and maybe 0.6349 more each year have no value honestly. You can take any coin and say the same, dividing it just like btc in satoshis and such. Also, never everyone in the world will have it, not only doge but any crypto as well and if that was about to happen only btc would have that spot.
i get what you are saying about the circulation but at the same time you need a whole lot of people buying it to even sustain its price let alone pumping it. All in all, it's just a meme coin and memes never last long, it also doesn't solve any actual problem, the whole big deal is for elon.
I really hope though that people earn money even out of it and at the same time, those that lose money i hope that they won't blame cryptos in general!
Posted Using LeoFinance Beta
That is a very good response, and I agree. It is important to 'do the math' though because we have to be able to put things in perspective. I am not the biggest dogger, I just notice what is happening and want to let people know!