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Ironman00

02/10/21 8:07 AM

#1919 RE: MC$Trader #1918

If they were smart they would announce that! We’d see .2 immediately.

xZx

02/10/21 12:04 PM

#1941 RE: MC$Trader #1918

doge has a cap of 5 billion coins per year -- only 13.7 million coins per day. that's a tiny fraction of daily volume.

also, keep in mind as the coins in circulation grow, the 5 billion per year becomes a smaller and smaller % of the total.

https://blockchair.com/dogecoin/charts/circulation

bitcoin purists act like doge is diluting so much it can't get out of its own way. that's utter nonsense. propaganda.

miners need an incentive to keep mining a coin. unlike bitcoin, which has a finite supply, dogecoin is designed to be mined for eternity.

elon musk bought doge for his son today:



half the coins are owned by billionaries:

https://news.bitcoin.com/a-mysterious-dogecoin-address-absorbed-27-of-the-supply-the-top-20-addresses-captured-50/

obviously they don't worry about doge supply. that's why i don't, either.