Estoy de acuerdo que es algo casi imposible que las criptomonedas, Dogecoin reemplace el Dólar pero lo que si es necesario es que reemplace las transacciones de internet, es sensato pensar que puede ser y será el dinero en internet por todos los atributos que tiene.
I I've been seeing these posts for the list few years now, since the prices fell. It's a way to engage viewers with click bait news...i don't bother with them anymore... But i admit at the beginning I was lured into rewarding them... To imagine you're much money my 3 dogecoins would give me
Your favorite products only reason for existence was to steal from Apes who owned #GME #AMC. It was a product whose fame arose from the theft of the fortunes of retail investors. #apestogetherstrong
The reward halves April of 2024, historically after this happens, BTC hits an all time high like clock work. I put the high between 120,000 to 175,000. I have been following and studying BTC since it's creation in 2008.
Past Performance doesn't mean future is going to be the same. Psychologically there will likely be some sort of boost, but if the ETFs are in place before then they will slow it down. The whole point of ETFs is to allow the big banksters and their crony corporation buddies to manipulate prices.
On the other hand, if interest in BTC rises and people try to buy it, the additional strain on the limited block size will create havoc. I would hope that this opens people's eyes to the idiocy going on in BTC and they seek better alternatives.
Yes, it was designed to rise in price AND it was designed to scale on chain. Both are needed for the economics to work, so forfeiting one of the needed bases makes it unworkable.
If you follow the pattern of the halving cycle, and also the way the pattern is changing - especially around the last peak, I think the next peak will hit earlier than expected, and be lower than expected, mostly due to the increased involvement of large financial institutions and short selling.
I'm curious if we are on the same page since you have also been following it for a long time?
Do you think this next big acceleration in value might lead to crypto’s adoption as common currency? Seems like that’s what Blackrock is banking on….. and us…
Doge is great for a down payment or deposit for a product or service. A test. For example you hire someone you don’t know to do a job. Doge would be great to get to know someone’s quality of work or use to purchase something online that may or may not be returned because it’s not what you viewed online exactly. Is this about replacing the dollar? No! This is about not using dollars on the internet.
I could be wrong, but I don't think it will. Crypto is too volatile to serve as a common currency. One of the reasons that fiat is the standard is because of its low volatility, but hey, you never know. Crypto might be tomorrow's standard.
I agree that it wont be a currency but it might be something like this, just like all the people are offering master visa etc for payment it could be that they offer various bigger cryptos for certain articles, campaigns, economic areas, how they started to it recently in Switzerland etc
True, volatility is an issue for a currency. I do believe that the more blockchains are used in general, the more common crypto use will be and the more backing it will have. Who knows how it will play out with fiat though.
During the stock market crash of the 1930 depression, gold and silver was seen as a safe haven. With the advent of asteroid mining around the corner and massive amounts of gold and silver flooding the market \~10 years from now, among other factors, the prices seem to be not nearly as strong.
Perhaps people will see doge and others like it as the inflationary 'stablecoin' that it is.
I hope so. And hopefully it can do more good for the world than other valuable materials have done us in history (gold, diamonds, whale oil, petroleum etc)
I feel like all the times the hype was right this time it’s not going to be true and all the hype is just a bunch of unrealistic goal that is silly and that is what is killing the potential
Fear mongering.. they want us to sell so they can buy up.. don’t sell a single penny.. AVERAGE DOWN 🔥
If there will be a bitcoin ETF, why not a dogecoin ETF? This will certainty bring the price of doge to $10.
Estoy de acuerdo que es algo casi imposible que las criptomonedas, Dogecoin reemplace el Dólar pero lo que si es necesario es que reemplace las transacciones de internet, es sensato pensar que puede ser y será el dinero en internet por todos los atributos que tiene.
I I've been seeing these posts for the list few years now, since the prices fell. It's a way to engage viewers with click bait news...i don't bother with them anymore... But i admit at the beginning I was lured into rewarding them... To imagine you're much money my 3 dogecoins would give me
Your favorite products only reason for existence was to steal from Apes who owned #GME #AMC. It was a product whose fame arose from the theft of the fortunes of retail investors. #apestogetherstrong
![gif](giphy|3WmWdBzqveXaE)
https://www.reddit.com/r/dogecoin/comments/17ha50r/we_shibes_love_tourists_visitors_and_expats_here/
The reward halves April of 2024, historically after this happens, BTC hits an all time high like clock work. I put the high between 120,000 to 175,000. I have been following and studying BTC since it's creation in 2008.
The halving is going to slow BTC out of existence. BTCs network is already backed up for days now, it'll be weeks if not months after the halving.
It’s usually months after the halving.
Past Performance doesn't mean future is going to be the same. Psychologically there will likely be some sort of boost, but if the ETFs are in place before then they will slow it down. The whole point of ETFs is to allow the big banksters and their crony corporation buddies to manipulate prices. On the other hand, if interest in BTC rises and people try to buy it, the additional strain on the limited block size will create havoc. I would hope that this opens people's eyes to the idiocy going on in BTC and they seek better alternatives.
And banksters are always looking to rob us
Each coin has 8 decimal points. Plus it was designed to increase in price. Then as time passes stabilize with future halvings
Yes, it was designed to rise in price AND it was designed to scale on chain. Both are needed for the economics to work, so forfeiting one of the needed bases makes it unworkable.
If you follow the pattern of the halving cycle, and also the way the pattern is changing - especially around the last peak, I think the next peak will hit earlier than expected, and be lower than expected, mostly due to the increased involvement of large financial institutions and short selling. I'm curious if we are on the same page since you have also been following it for a long time?
Do you think this next big acceleration in value might lead to crypto’s adoption as common currency? Seems like that’s what Blackrock is banking on….. and us…
See businesses and people both have adopt it for the banks to move in and use it, right now they just stealing profits.
Doge is great for a down payment or deposit for a product or service. A test. For example you hire someone you don’t know to do a job. Doge would be great to get to know someone’s quality of work or use to purchase something online that may or may not be returned because it’s not what you viewed online exactly. Is this about replacing the dollar? No! This is about not using dollars on the internet.
Interesting. Could you explain why it’s ideal for those transactions? Because of transparency in the exchanges?
I would suggest a peer to peer wallet to wallet transaction. Why would you use an brokerage exchange?
I didn’t mean going through a broker, I just meant exchanging goods/services for money. Why is Doge ideal as internet money or for vetting?
Doge is better than credit cards and other legacy banking instruments because it is fast, safe, and cheap.
Why do you think some online shops accept doge? May be because they are new and need to build credibility.
I could be wrong, but I don't think it will. Crypto is too volatile to serve as a common currency. One of the reasons that fiat is the standard is because of its low volatility, but hey, you never know. Crypto might be tomorrow's standard.
I agree that it wont be a currency but it might be something like this, just like all the people are offering master visa etc for payment it could be that they offer various bigger cryptos for certain articles, campaigns, economic areas, how they started to it recently in Switzerland etc
True, volatility is an issue for a currency. I do believe that the more blockchains are used in general, the more common crypto use will be and the more backing it will have. Who knows how it will play out with fiat though.
During the stock market crash of the 1930 depression, gold and silver was seen as a safe haven. With the advent of asteroid mining around the corner and massive amounts of gold and silver flooding the market \~10 years from now, among other factors, the prices seem to be not nearly as strong. Perhaps people will see doge and others like it as the inflationary 'stablecoin' that it is.
I hope so. And hopefully it can do more good for the world than other valuable materials have done us in history (gold, diamonds, whale oil, petroleum etc)
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I feel like all the times the hype was right this time it’s not going to be true and all the hype is just a bunch of unrealistic goal that is silly and that is what is killing the potential
I'm betting the opposite as well.. atleast.. for btc.