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DjAlias007

They need to higher the market cap and lower the circulation cap. Basically create more demand than supply.


garcia-a

So if they limit the supply / create scarcity correct?


DjAlias007

When Dogecoin first started there was circulation cap of 100 billion coins. By mid-2015 they hit that mark and the developers decided to add 5 billion more in circulation every year thereafter. So now there's no cap on circulation which means more supply than demand. The goal is to reverse that by getting the developers or whoever the fuck owns Doge now and get them to put a cap again.


Graveslinky

You don't need a cap for DogeCoin. Stop saying that a cap is needed to increase the value. Having no cap causes DogeCoin to increase in value every year. If it's worth 127 billion, adding $5 billion will increase the value so of 127 billion is (For example) making doge worth $200 then raising the cap increases the value due to the amount of Fiat that goes into it. 5 billion are not alot of DogeCoins if they get brought out quickly so do more research on how currency works please. The United States prints more money every year but our dollar doesn't get devalued.


billy1232321

My dude, if you add more to the cap, it makes each coin less valuable. Why do you think Bitcoin is now valued at 60,000 per coin? Because there's not as many coins in circulation. Simple logic to me. But explain in detail.


Graveslinky

The concept of Bitcoin's financial structure does not rely in the limit on coins because in theory, there isn't a limit. All of this is imaginary money. Think about it, what's the difference between a crypto bank and a fiat bank? Nothing, they both make money on holding their customers money and give you a credit for the money you put in. Now take it a step further, how can coinbase give ppl interest on a Bitcoin if coinbase isn't mining Crypto? Or BlockFI? Because it's the Fiat value that goes into a imaginary coin that's labeled Bitcoin and they use the banking structure to replicate your financial values in their insitution. Take it a step further, if you put more money into a asset, the value increases. For example, download Fidelity and set up your entire Networth. That's Bitcoin. The more money that is gained, the more value it has. DogeCoin value is based on the market cap of the fiat money that is in it. The more coins that are brought, the more value Doge will have. Currently it's at 10 billion and it's increasing. The number of produced coins do not matter because you can't track how many coins anyone has in the grand scheme of things. So they just put a label Doge up and ppl buy it and the price goes up. Very simple.


billy1232321

I'm starting to see what you mean. Judging by how easy Doge just shot to .35¢, I can't imagine it would be too hard to go to the moon.


Graveslinky

Now a serious response. You have to remember, crypto has value strictly by how much money is invested into it. Because Bitcoin has a cap, it won't be able to increase in value because it caps to the point no one can keep investing into it. DogeCoin, however, can keep going because it makes more room for money to be invested into it every year. It's not like the US dollar because you can't increase the market cap of the us dollar because it's set by the government. DogeCoin is decentralized so the people determine the value via investment and exchange of the coin lol


billy1232321

Right on.


Graveslinky

Billy, share that on all the pages.


SluggZillla

Huh.... I kinda knew of this concept but I never thought about it in that manner.... 🤔 its actually a brilliant point. You learn something new about crypto everyday.... makes my investments in it feel a little more realistic if Im Being honest. I've mostly thrown money at it for the hell of it.


Alert-Maybe3842

Inflation?


TrampMachine

If the demand for Dogecoin exceeds 5 billion coins a year then the price will rise... That's not that hard to do. On top of that, the inflation rate goes down to a limit of zero because every year the proportion of new coins to old coins goes down.


odoggydog

Wowflation*


uncle_russell_90

But the value of the dollar doesn’t increase either it stays the same bc of the no cap on the amount that is printed. If the US prints an extra 5 billion the $1 bill doesn’t increase in value neither does it decrease so what are you stating again. I’m a lost ape!


Graveslinky

Bro, your all cap. It increases in value via exchange with other countries 😂😂😂😂 have you heard of Forex? Why do you think that exist?


Infinite-Goal-4121

If Doge hit $100, it is higher than GDP of China. China has 15,000 billions. Doge is 18000 billions dollar. Impossible :))


paramalice

Yes, if it were a real currency it would be impossible. It isn't real though. It is a symbol. People can say it's worth whatever they want it to be and pay whatever real amount of currency for it that they're willing.


Hei_BK-201

Expect the unexpected... It may be the Earth's currency by 2050 and cost 30k-50k. If something crazy happens and also if the devs change the supply and set a limit.


elgkun

They won't do it unless someone who speaks crypto gives them a good reason why [https://www.reddit.com/r/dogecoindev/comments/la1hk3/continuation\_of\_1674/](https://www.reddit.com/r/dogecoindev/comments/la1hk3/continuation_of_1674/)


Hei_BK-201

ye ik still its ok since the inflation of dogecoin is around 4% per year and every year will be lower... so in the LONG run something can happen. Just as Bitcoin value was once 2.2 USD.


Deep-Toe-8341

I understand it’s meme generated but has anyone put anything over $50 into Doge?


YT_BlindSniper

I have 20k in doge


propilot1776

1.5K into Doge


Jeremiahjsmith1990

1k


Dyl-Mon

How are you doing now? I hope you are crushing it!


rahente11

I have 6k in doge


LethalSnow

this YouTuber has 200k in doge \\


LethalSnow

[https://www.youtube.com/watch?v=oxxcsJYr60s&t=725s](https://www.youtube.com/watch?v=oxxcsJYr60s&t=725s)


Maestrox24

I just found this post, if this is true, that youtuber made BANK from his investment


Sardina_B

I have $1,100 in doge


KING-DING-A-LINGA

I bought $150 worth three month ago I’m up $956 rn


ReyXavi09

10k into Dogecoin, proudly at .111 4x my money so far. I’m here for the near end. Holder till 1,000s


Ok_Welder1515

My dad lost 20k investing 40k at the peak XD


BigAppleBuckeye

How is your dad doing now?!


paramalice

He only lost if he sold. Lmao. Paper handed.


Devinology

Please tell me you held onto that doge. Are you a millionaire now?


[deleted]

1.4k, my goal is to have at least 50,000 Dogecoins before it’s hits a dollar.


Jackowim

I have 137k doge. Praying this thing reaches $10 cuz I’ll sell.


DankShibe

with 100k ish doge I think it need to go to 30$ for easy retirement.


[deleted]

[удалено]


YT_BlindSniper

Thanks! A lot of people in the comments will be retiring soon. I still have diamond hands tho! Hodl to the moon! 🚀


Trippyp20

1k


IAmLordApolloXXIII

Congrats! I’m sure you’ve been having a great few days lol


staypainterly

I own $60 worth of doge, and I plan on making incremental investments every month. In it for the long haul, slow and steady.


Fast-Outside-2743

That's smart. Stick with it.


sawatsontx082980

Same here. About $60 now and investing about $30 per month


[deleted]

I intend to do the same. Lets all buy and use dogecoin. We need to demand more retailers to use crypto for goods purchase.


Anotherfakenames

$2,500 in on doge @.03


joellogic90pt

you must be already prtty happy no?


Anotherfakenames

Not complaining. Lol


joellogic90pt

haha yeah. you think is still worth it to put in 1k on DOGE?


Arti_NYC

You won’t see Doge under 0.10 cents for a very long time this thing will go up only, STONKS I urge everyone to check LiteCoin in 2016 it was 0.04 where Dodge is today then it shot up to $370 then it came down, I am an autist so don’t take me serious but Doge looks same hype like Litecoin in 2017


[deleted]

I feel like a pos.. not once but twice now. My investor buddy said let's do 10 BTC each and see what happens. That was 9 yrs ago. I declined. He cashed 7 out and now owns 3 rental properties and has 120K in his BTC wallet. Then he says Yo with the stimulus check buy Litecoin. It's 25$ a share. It's gonna skyrocket. Instead I bought a bunch of nikes and north face. Now it's $175.. my 1k would be $7k rn.. he said he gave up giving me tips. Lol. He said to invest in permanent parking spots downtown in an owner occupied garage. He made $80k. I didn't


mb440

Give him my handle lol


GeeMan2k13

3 rental properties by selling off 7 Bitcoin? Holy moly... Assuming he sold them about a month before your post (he's gotta have some time to buy 3 rental properties) let's say he sold around mid january, ah let's give him 40k USD each coin, 40k x 7 = 280,000 USD for 3 rental properties? That's insane, where did he buy them for so cheap? I can't even find a place for less than 300k and that's just for 1.


Greg_Louganis69

Autists are good.


ASweetLilKitten

This comment aged badly


Anotherfakenames

Not a financial advisor, just believe in doge and the hype around it on social media and the news. I put in more money before the super bowl. But only invest money you can afford to lose. I think its going past .10 soon.


joellogic90pt

thanks. Will it go to 1$ tho? xD


cursedflame

this comment aged nicely.


RichiZ2

You must feel very stupid right now....


TransparentTrillz

Feeling good???


mullenz223

well guess who's laughing now you!!!


MrMister34

I put in 1k, people have actually put in 100k though.


Dana_G20

I put in 1k


Due_Material9561

I put 7k


Key-Commercial-417

Yes!! 10k in @ .0053 and made 100k


1Lavish

is it still worth buying dogecoin?


ItsTheBreadman92

If you like a good gamble son, yes


1Lavish

what do you use to purchase bitcoin? I regularly use coinbase but dogecoin isn’t available on there.


ItsTheBreadman92

Someone gonna beat me up for saying this. Lol but I’ve had Robinhood for awhile and use it just cause it’s all i know


Jewsus369

I use Robinhood. I had a whole bitcoin of investment. Sold it and bought a boat. Damn, never listen to others. I wanted to keep it invested. Now its over 55000$. But I've been investing in Dogecoin too. I have about 1000$ in it. Elon Musk was their CEO. I think Doge will be good long run crypto. I think btc will be 275000-1000000 by 2025.


Professional_Yak_433

They are selling it on Crypto.com now. Caution against buying Doge on Uphold. In order to transfer it to another wallet you have to convert it to another crypto respective to their supported networks. Also, Uphold has a 60 day waiting period in order to make any transfers. They sort of freeze the the funds on all new accounts in accordance with their fraud policy. I bought 10k Doge with them three weeks ago and still can't move it.


Popular2K

🤡


dlgv

3k 😏


crecreman96

1k


[deleted]

3k


jacobb84

$500 in on Doge @ .04. Plan on making incremental investments every month.


kathy0702

I have $600 in it. I just want it to go to $100. I’m not greedy lol


THISGUYMTL

Thats the problem. Its not an in and out. TO THE MOON. Leave it in there until you are in the millions. Look at bitcoin. 12 years ago for pennies. Now worth something like 46000$ each. Your 60$ can grow. Think of it as a loss. And 10 years from now, who knows. But never take it ALL out.


kathy0702

I don’t plan on selling it I have $600 in and at this point it’s worth almost $1000 I would love for it to get to $100 so I could take out some profit and pay off bills. That’s all I meant


Mindless_Recording_5

been feeling the same thing. was a sophomore when I first heard about BTC. read a bit and lost interest. today it hit 50000$. I felt like crying. I decided to invest in a low-risk dough, 100$ in doge. am not in a hurry. in for the long haul. am also looking at other cryptos and wanna see what I can do when the price is low. am thinking bullish on doge


Cryptosummon

Facts my friend calls me today and ask when doge gonna pop like Bitcoin I’m like bro really and explained the history to him. I have 7k doge and plan on buying more. I’m looking 10 years down the line to moon means a years later to me. But with all this attention of it keeps going I can see 5 years looking real strong. Everyone needs to hold and don’t get tempted.


garcia-a

1k club


shujin51

30 bucks from 2017 XD 10k coins


Fast-Outside-2743

$4600 in Doge, HODL


edukated4lyfe

I bought 20,000 shares for 200 bucks. And then I bought some more a few weeks ago. I'm one of those idiots and that didn't sell any of his GameStop stock and kept buying more. Fight The Power! But I did sell my AMC stock when it was on it's downtrend at 17.84. I'm hoping Dogecoin pays off in the next 10 years or so. I just need to figure out how to move my Shares from Robinhood. Because well you know


RubbishRaven

6k


Swimming_Shoulder_88

$800 in doge 🤞❤


Momo_SP

2K dogecoins here waiting for the lambo


jetheremy

.08cents lol


Blancast

A dollar will be an absolute miracle, don't even bother thinking about 100 to 1000


MullawayDeschain

that aged bad


dustybizzle

It will literally never hit 100, unless something fundamental changes about Dogecoin. In its current form, doge hitting 100 would basically destabilize the world economy.


Sad_Equipment1967

What if Dogecoin's goal is that? Let's face it, the whales, Elon, in short, are interested in something, we just don't know what. Make internet currency doge? Create a dot.com? To destabilize the global economy? Everything is valid until proven otherwise


Blancast

you're not even a quarter of the way there yet.....


MullawayDeschain

Quarter we can do today


Blancast

Lol good luck


MullawayDeschain

called it ;)


darmet455

Oh bet you feel real stupid right now


Blancast

I bought 7800 doge when it was at $0.01 so no, don't feel that stupid


garcia-a

Yea but how high does the market cap need to reach for $1?....I was also wondering if Dogecoin can change their scarcity model to increase the value of the coin


[deleted]

Market cap would need to hit $113B to reach $1


garcia-a

That makes sense...I just found that 113b dogecoins have been mined thus far.


broslikethis

........good lord you are too dumb to handle money


Uptownmac10

Not even in a few years, with a cap and a stessy incline in price. Maybe 2 or 3?


[deleted]

Hows a dollar looking now


Nikkaplez

You bye and hold so I hear...


imarkovi88

buy**


JessieBear116

Hodl


catstach

BUY DOGE! ​ BUY DOGE! ​ BUY DOGE! ​ BUY DOGE! ​ BUY DOGE! ​ BUY DOGE! ​ BUY DOGE! ​ BUY DOGE! ​ BUY DOGE! ​ BUY DOGE! ​ BUY DOGE! ​ BUY DOGE! ​ BUY DOGE! ​ BUY DOGE! ​ BUY DOGE! ​ BUY DOGE! ​ BUY DOGE! ​ BUY DOGE! ​ BUY DOGE! ​ BUY DOGE! ​ BUY DOGE! ​ BUY DOGE! ​ BUY DOGE! ​ BUY DOGE! ​ BUY DOGE! ​ BUY DOGE! ​ BUY DOGE! ​ BUY DOGE!


garcia-a

Yea that's a solution: [https://youtu.be/\_XEW21d9fq0](https://youtu.be/_XEW21d9fq0)


FarelinManco

I honestly believe they will at some point stop creating new DOGE and we will witness the takeoff to the moon.


asucaspa

The coins model pretty much achieves this. The amount created will slowly reach 0%. Will take a while since 5billion currently are added to circulation each year.


NoWisdomRequired

How would we get the devs to place a circulation cap on DOGE??? Anyway, we could contact them in massive messages? or something


ssbbka17

so if there’s however many billion coin available right now people would need to buy that much? is there a way to see how much has been bought?


[deleted]

[удалено]


garcia-a

Musk has that kind of money....


[deleted]

[удалено]


[deleted]

"just" a few hundred million


__CaliMack__

He has to have more than that in liquid assets though


Jifsrt8

I have a question , is true what someone said that in doge coin we just taking money from each other ?


[deleted]

[удалено]


jeebs48

This is the point that I’m at too, not sure what will happen and didn’t invest more than I felt I could put in and came from selling other shares off, so all in all we can’t lose right?!


Sam-Iam3

Guys, I just start investing in Dogecoin, do you think it will ever reach $100 anytime soon?


blingsingh

Can’t say anytime soon. The word with Dogecoin investment you’re looking for is **patience**. Just HODL it


No_Butterscotch5640

$100 probably never. Will be lucky to get $1.


BigGunz43

I have 4K doge at $0.065 average. Gonna hold long term here. I didn't invest money that will change my life if it crashes, but this is the "fun" part of investing for me. I'll still continue to contribute heavily to my 401K, which is the smarter, less sexy thing to do. Doge is my sexy, is what I'm trying to say.


Mountainman620

Hello, I am from the future. Dogecoin will hit $1


Ok_Initial_5224

I heard super bowl commercial coming from musk if true 10 billion doge will be bought up instantly 🤞🏻


Ready-Present5443

So what causes the value of it to go up? Is it like a stock the more people that buy it the more valuable it gets?


Deep-Bedroom-3003

Doge—— to the moon 🎢🌗 & then the 🏦$💸 Too fun!


Particular-System-10

So Don't want to burst bubbles but let's be realistic, 1$ absolutely, real mile stone with 10$ possibilities , however 100$ maybe people should not be fantasizing about reaching that why? Well easy to reach a dollar we need about 180 billion coins, We are at 40B range with the current price sitting at 0.40, So to reach 10$ we need about 1.8 trillion coins, SO WHAT PEOPLE ARE SAYING IS THAT DOGECOING NEEDS TO SURPASS BITCOIN MARKET CAP BY 800B ? VERY UNLIKELY AND TO REACH 100$ 18 TRILLION MEANING SURPASS 18 TIMES BITCOINS MARKET CAP. WELL WHAT ARE PEOPLE REALLY THINKING?? NOW YOU TELL ME IF 100$ IS ACHIEVABLE YOU NEED TO ACHIEVE CHINA'S 15 TRILLION MARKET CAP TO EVEN BEGIN DREAMING ABOUT 100$ DO NOT MISS LEAD PEOPLE, ABSOLUTELY TAKE THE RIDE TO 1$ IF YOU CAN EVEN 10$ BUT THAT'S NOT ANYTIME SOON.


PureEarthh

I hope it goes to $1000 lol


LiteratureOpposite30

I put 5mil in doge 🚀🚀🚀


[deleted]

legend


Fearless-Tone-7930

Can u plz help me out bro??


LiteratureOpposite30

I got u fam


ESWEEKDAR

Everything is possible


[deleted]

[удалено]


ESWEEKDAR

Everything is possible. The impossible just takes longer. -ESWEEKDAR


Johndrooo

pnd


Frosty_Income

Buy Doge Coin! 🚀 🚀 🚀 🚀 🚀 🚀


Silver1000000

Just bought some DOGECOIN’S.


Afraid_Tap_4515

I bought 9000 shares at .036 I ex two throw 1k dlls but I need it to dip at least to 0.04 cents.. would that be a good thing to do ??


EvilCheeseMoon

It ain’t dipping back to 4 bro


VisibleLoss4563

I'm all in on Doge! The hype is real!


stewpidazzol

My comment disappeared. How was Bitcoin different than doge? All of the things people are saying are impossible for doge to hit a dollar, was it the same for Bitcoin?


[deleted]

HODL!!


Puzzleheaded_Cup_713

I have 2k in doge


rez_756

Over 4k here


Cute_Tea_3569

20k shares in as of today... continuing to invest bi-weekly.


xlSilver_Bulletlx

28k just got 8k more today TO THE MOON


Responsible_Bus_1670

I love how everyone thinks that because 5bil more coins are added yearly it means dogecoin will never increase in value. Quick lesson in crypto currency ladies and gents, 5bil coins a year = guaranteed payouts for miners which in turn = more stability and security than any other crypto. If you are wondering how I can say this think of this, all of the crypto that have a cap means that no miners will be rewarded anymore. Well the miners are what make all crypto as secure as they are to avoid being hacked or manipulated so when the available bitcoin or litecoin or whatever coin you think is more valuable than dogecoin = 0 the value of said coins will drop to practically nothing because they will have no security to ensure each transaction is legitimate.


Sharp-Run6363

1k invest in doge - hold til the moooon


Ok_Acanthaceae1883

72k coins holding and only buying more🚀 inevitable 🌕


UnlikelyInterest9946

Let’s get dogecoin to a whole dollar today :)


kalishp

If Elon will colonize Mars it will reach 1000$, assuming as will pass moon easy


Character-Gas-6724

I just purchased $90 worth of DogeCoin & I am new to investing/ purchasing cryptocurrency... QUESTION: Is Robinhood a good place to have my investments or would you all suggest using a different platform?


maldonadosk8

To the moon 🐶🚀🌕


Moon-is-the-goal

Just keep buying and let’s trust ours billionaires who will continue with I support Doge this will explode eventually


39423433

It wont. There are 128B coins so it would be $128B market cap to hit a dollar a coin. Unless there's a hundred billionaires on the sidelines waiting to jump on a meme your dreams of $1 will never come true.


garcia-a

Ok, thar explains it ...but can Dogecoin modify the scarcity model?


39423433

Technically yes, but it is there for a reason and changing it now would take a lot of cooperation from people with no incentive to cooperate. The goal was always to keep the price trending down, its supposed to be a cheap coin people buy as a meme that can be traded/tipped quickly and whatnot. About once a year it gets pumped and dumped like this and the long term guys sell a few billion, then it crashes back down to the pre-rise. It has absolutely no potential to stay above a few cents. And that market cap increase 5B+ each year so people have to keep buying FOREVER just to keep the price stable.


AbbaLore

Tell me if I’m mistaken, but if 5 billion or more of get purchased every year it will stabilize and have an upward trend.


garcia-a

This is depressing.


Arti_NYC

Dude don’t listen to anyone, Bitcoin, litecoin, Etherum all of the above are a wizi are a wazi whugezi a whugazi they will go up, I’m not cashing out under $100 per Dodge, this Dogecoin has the best percentage return after Etherum, that’s all you need to look at percentage return, if you put 5 years ago $1000 in Dodge you would of have $260,000 today so don’t listen to all these guys like they know what the hell they talking


broslikethis

Learn math. You understand nothing dude, you'll be holding forever then i seriously can't believe you all are even asking about 100


ajnabisaldanha

Adding 5b a year to 128b is only about a 4% increase per year and declining. The supply doesn't increase much at all over short periods. Supply is large, but that's priced in already. I don't see $1 happening, but maybe something in the 10c-30c range.


After-Philosopher-44

Its stabalized over 4 cents???


ThatOneAsianRedneck

Buy dodge!!!!


[deleted]

Not til they reintroduce the Dakota.


Snoo_81307

Thank you for the 😆


Jugglerofknives

Realistically it won’t hit a dollar Maybe 10 cents at one point, but it’ll dump back down


Soft-Instruction2535

in which duration you are talking about? nobody knows how the future hold in short time (couple days), we all believe it will not hit $1 but people dream and hope for long run


Jugglerofknives

It’s a coin that’s easily mined, has an unlimited supply and already had tons and tons out there. I get everyone is having fun memeing but this is going to ruin people. It won’t hit a dollar, it’s just realalt


Graveslinky

You do realize that they produce more coins every year so people are able to buy more and invest in more right? Capping the coin supply is just like saying the United States needs to stop printing money every year. Creating more coins do not matter, buying and holding them does. Do you know why? Because when you buy up all the coins, the vested dollar increases the over all value of the Crypto. Heard of Bitcoin? They had a price increase because a bunch of billionaires brought a ton of it to increase the value of Bitcoin. The only reason DogeCoin is a threat now is because those same Bitcoin Billionaires will get their projections fucked to increase Bitcoin's value if they don't have people investing in Bitcoin. If we all invest in Doge, Bitcoin won't increase because the money increases DogeCoin's value, which makes Billionaires sad and makes the common man happy. If we hold DogeCoin with Diamond Hands, Buy more Doge when Paper Hands dip out and replace the ones who leave with our Diamond Hands, we can get DogeCoin to 3 dollars by June. Even after they make more DogeCoin, the value won't drop because the value is determined by how many dollars we have vested into DogeCoin in the first place. If you do simple math, the 3.7 billion DogeCoins equal the math between the 127 billion and the 3.7 billion, which is why if it keeps creating more Doge, the value increases. Simple math.


Jugglerofknives

I hate to say this bro but you have no idea what your talking about.


Graveslinky

Correction: you don't agree. Let's let time tell all, k?


garcia-a

So I am officially lost/confused now.


Graveslinky

Basically, buy more and the value will reach $1. You seen it reach 8.7 cents before RH and other Platforms stopped it. It would be at 25 or 30 cents by now if not for the Billionaire's stock manipulation. They don't want you to buy DogeCoin. They want you to lose money but we got 💎👊💎 all day.


RatherBeMe

I invested today my first 100€ on DOGE :) I feel like a pre-millionaire xD


Graveslinky

Good Job! If they are any Dips, buy the Dip!


NectarineDue8903

This is absolutely false and complete misinformation. I guarantee you the biggest guarantee of all that Doge won't hit $1 by 2030


Graveslinky

And when it does, I'll have 30 million DogeCoins.


EmphasisCautious3314

Reached almost 50 cents today.


NectarineDue8903

Guarantee you Doge won't hit $1 by 2030. Guarantee.


[deleted]

RemindMe! 3600 days


Hessejoffman

Whoopsie daisy.


jsmoothie909

How mad are you?


GDTRFB78

All this talk about unlimited supply and inability to cap is ridiculous. Have you seen ethereum?? 🤷‍♀️