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re: Reliable Dogecoin Faucet - Doge2Moon

Posted on 3/10/21 at 10:19 am to
Posted by Bleezy
Dirty South
Member since Sep 2018
283 posts
Posted on 3/10/21 at 10:19 am to
quote:

must not forget that there is no supply limit and as many Doge can be "printed" as needed


So Dogecoin is like American Dollar now whereas Bitcoin is like the American Dollar when it was still the on gold standard??
Posted by ninthward
Boston, MA
Member since May 2007
21991 posts
Posted on 3/10/21 at 10:25 am to
quote:

People that actively try to promote doge without recognizing that it is legitimately a meme coin give the crypto people a bad look
Lol, I am literally an ape and I know this is wrong, you may want to update your DD on Doge.

*need I remind you people made bank on a meme stock so,,,,
This post was edited on 3/10/21 at 10:26 am
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 3/10/21 at 10:27 am to
there are ~900 minted bitcoins per day, until 2140, there will only ever be 21 million bitcoins

the circulating supply of dogecoin is infinity. its a dumb normie coin bought by people who have no idea what theyre doing
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82053 posts
Posted on 3/10/21 at 11:07 am to
quote:

So Dogecoin is like American Dollar now whereas Bitcoin is like the American Dollar when it was still the on gold standard??

Ehh not entirely but I see what you mean. Similar sure. American Dollar on the gold standard still wasn't fixed but it wasn't like the Dollar today that can be printed at will.

I'd also point out that the american dollar today has the military which keeps the value of the dollar. Doge has nothing but a dog meme.
Posted by Bleezy
Dirty South
Member since Sep 2018
283 posts
Posted on 3/10/21 at 11:24 am to
quote:

american dollar today has the military which keeps the value of the dollar. Doge has nothing but a dog meme.


Good point.
Posted by Me Bite
A.K.A. - Bite Me
Member since Oct 2007
7261 posts
Posted on 3/10/21 at 11:34 am to
quote:

the circulating supply of dogecoin is infinity


What if this changes to a set amount? Who says it has to stay at infinity?
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 3/10/21 at 11:37 am to
then my thesis of dogecoin would change but that discussion would be known well in advance. im not going to invest into a coin because "maybe someday the ecosystem will change" - thats absurd
This post was edited on 3/10/21 at 11:38 am
Posted by 21JumpStreet
Member since Jul 2012
14842 posts
Posted on 3/10/21 at 11:41 am to
When did news start happening with bitcoin becoming a digital gold store of value?
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 3/10/21 at 11:43 am to
the digital store of value idea has been around forever; chamath has a video from 2013 saying it would replace gold as a store of value

the digital currency narrative just became more popular than the SoV narrative so thats what most people latched onto
This post was edited on 3/10/21 at 11:44 am
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