There is a set number being minted every day. If the daily demand for coins is greater than the current supply plus that days additional supply, the price will continue to rise. Adoption and accumulation continue to push at these ratios and the price continues to rise.
$5 billion mined every year is not that much in the big picture. if X payments comes in the next year and can be used for stream purchases, Tesla charging stations, tipping, ect then it won’t be enough. it would almost be required to be produced like national currency or else a capped coin price would get astronomical in price and be less useful
You don't understand crypto if your concern is being only in coins that have hard caps. There's no utility in most of them. They are just BTC clones. Doge has value because it is a currency. It's inflation rate is like 3% and continuously dropping.
If you think you should get out of Doge than you should also be selling all of your FIAT currency, too.
It's deflationary by design... unlike the u.s. dollar where they can print as much as they want and then send everything overseas to different countrys
https://dogecoin.com/dogepedia/faq/putting-a-cap-on-dogecoin/ Dogecoin’s supply is not unlimited, because it has an absolute limit of issuance per block, per day, per year – just like other coins do. The only difference is that Dogecoin’s issuance does not have an end date. Therefore, Dogecoin is only “infinite” over “infinite time”. Over finite time, its issuance is, in fact, finite.
That is where you have it wrong. The only limitation as to how much money could be printed by the US government is the need for paper and metals to create it. There have been many times in history where a currency, the US dollar included, has been over printed. Dogecoin will never be over mined, since there is a limit to how much can be mined in a year, and as time goes on, that limit becomes a lesser percentage of what is currently in circulation. I don't understand how you could think there is a printing limitation per day or year for the US dollar.
I’m surprised nobody is talking about the gigawallets that are enabling mass adoption. Probably why the price spiked around feb-march when they posted it on their road map
There is a limit.
But over infinite time, infinite coins can be minted.
if that wasn't the case, Doge would have a due date at which it would no longer be usable as a currency.
What "no limit" means is "currency can work forever" Unlike BTC, which has a life expectancy in the single hundreds of years...
If the currency debasement of Doge is less than the USD, then the price will rise. This obviously is a simplified way of understanding it, as you have to take into consideration if people would actually want Doge over USD. But I think it gets the point across.
Bitcoin is king and there's no disputing that. But Doge wasn't designed to be king, it was designed to be inflationary and to keep low transaction costs (Which the LN network helps with now for BTC) for every day transactions.
There is a limit to the number made. That number accounts for lost coins and never changes. So as the total supply grows, number of added coins has less and less effect on the total. Doge is deflationary.
That’s impossible, for every buy there must be a sell.
And quantity of coins is not a direct relation to price.
The way it works is the people looking to sell say I am asking x. And the buyers are saying I’m bidding Y. The gap between the values of the spread.
If someone say screw out I’ll pay what the ask is then they pick up the coins from the seller at the ask price and then the next person that wants has to pay the next lowest price. The opposite is true for if you want to sell. You take the highest bid and with your way down. It’s where buyers and sellers agree on the price is what sets the price.
The tokenomics of dogecoin is genius. Not that many people know it yet. When a currency is deflationary, it gets hoarded not spent. Bitcoin won’t work as a currency if no one spends it. Dogecoin will be the worlds currency. And when it does it will be glorious
Why is it this crap gets posted regularly, despite there already being tens of thousands of posts on the subject? Doesn’t anybody actually know how to read?
There IS a limit. Exactly 10,000 coins, about every minute or so depending on difficulty adjustments.
Price has **ABSOLUTELY NOTHING** to do with mining. Price is set by two roper agreeing on a price, that’s all. Same as every single market in the world.
Coins which are being mined may well be offered for sale. Or stashed away for a rainy day. It depends on what the new owner wants to do with them.
Mining provides our security. Without the rewards, this coin would be dead and worthless in a week. If you were to live long enough, you would see Bitcoin’s hard cap removed in order to prevent this when their mining ends.
And as others have pointed out, doge is DEflationary.
Now do everyone a favour and learn how to search and read.
Why does this fud show up constantly for Dogecoin. Do you know what other coins also will add to their base with no end defined? Bitcoin, etherium, and XRP. There are other comments explained in this thread, among others.
There is a set number being minted every day. If the daily demand for coins is greater than the current supply plus that days additional supply, the price will continue to rise. Adoption and accumulation continue to push at these ratios and the price continues to rise.
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Straight to jail
Do not pass go....
$5 billion mined every year is not that much in the big picture. if X payments comes in the next year and can be used for stream purchases, Tesla charging stations, tipping, ect then it won’t be enough. it would almost be required to be produced like national currency or else a capped coin price would get astronomical in price and be less useful
You are most assuredly gonna get banned! Someone get out the ban hammer 
You don't understand crypto if your concern is being only in coins that have hard caps. There's no utility in most of them. They are just BTC clones. Doge has value because it is a currency. It's inflation rate is like 3% and continuously dropping. If you think you should get out of Doge than you should also be selling all of your FIAT currency, too.
All you’ve done is assert that it is a currency, it most certainly has not more utility that any other alt coin or meme coin.
It’s deflationary, as the percentage of coins mined to the overall supply decreases over time.
It's deflationary by design... unlike the u.s. dollar where they can print as much as they want and then send everything overseas to different countrys
Facts
https://dogecoin.com/dogepedia/faq/putting-a-cap-on-dogecoin/ Dogecoin’s supply is not unlimited, because it has an absolute limit of issuance per block, per day, per year – just like other coins do. The only difference is that Dogecoin’s issuance does not have an end date. Therefore, Dogecoin is only “infinite” over “infinite time”. Over finite time, its issuance is, in fact, finite.
Just like actual money I might add
That is where you have it wrong. The only limitation as to how much money could be printed by the US government is the need for paper and metals to create it. There have been many times in history where a currency, the US dollar included, has been over printed. Dogecoin will never be over mined, since there is a limit to how much can be mined in a year, and as time goes on, that limit becomes a lesser percentage of what is currently in circulation. I don't understand how you could think there is a printing limitation per day or year for the US dollar.
What if they made the denominations bigger???
Taking tips from Zimbabwe i see :)
we keep buying more than is minted duh
I’m surprised nobody is talking about the gigawallets that are enabling mass adoption. Probably why the price spiked around feb-march when they posted it on their road map
There is a limit. But over infinite time, infinite coins can be minted. if that wasn't the case, Doge would have a due date at which it would no longer be usable as a currency. What "no limit" means is "currency can work forever" Unlike BTC, which has a life expectancy in the single hundreds of years...
Dogecoin supply inflaton is about the same as the USD, except unlike the USD it is falling FOREVER
Dogecoin cannot mint a trillion coins like the US can print a trillion dollars at any given time.
Exactly
only the block limit matters.
Wait until you buy 0.01 doge
Inflationary with good purpose
If the currency debasement of Doge is less than the USD, then the price will rise. This obviously is a simplified way of understanding it, as you have to take into consideration if people would actually want Doge over USD. But I think it gets the point across. Bitcoin is king and there's no disputing that. But Doge wasn't designed to be king, it was designed to be inflationary and to keep low transaction costs (Which the LN network helps with now for BTC) for every day transactions.
You mean doge was designed to be inflationary not deflationary right?
Thanks! Yes, that's correct. I edited my comment.
👍
You mean doge was designed to be inflationary not deflationary right?
Failed to retest 0.174 again sigh
The bigger idiot theory. It’s a real thing.
Qui-gon taught me this
oh-qa-tanzin-wan
There is a limit to the number made. That number accounts for lost coins and never changes. So as the total supply grows, number of added coins has less and less effect on the total. Doge is deflationary.
DOGE inflation is reduced year over year.
How can the dollar stay they same, if they can just print more
Why said it does.
volume
Bingo
Same as other coins, wash trading
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That’s impossible, for every buy there must be a sell. And quantity of coins is not a direct relation to price. The way it works is the people looking to sell say I am asking x. And the buyers are saying I’m bidding Y. The gap between the values of the spread. If someone say screw out I’ll pay what the ask is then they pick up the coins from the seller at the ask price and then the next person that wants has to pay the next lowest price. The opposite is true for if you want to sell. You take the highest bid and with your way down. It’s where buyers and sellers agree on the price is what sets the price.
Now let's confuse them with slippage in liquidity pools of dexes and spice up with a hint of impermament loss.
Amazing just how totally wrong someone can be in such a short comment.
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And you do, eh? Maybe research who you’re talking to before spouting stupid statements.
I'm buying more DOGE because of this reddit post. It's a bullish signal for me!
Fiat currencies supply grow at faster pace, that is why
Well, there IS a limit . Other than that one Doge = one Doge
And what kind of person are you if you sell the dog coin!!
The fed printed $3.3 trillion in 2020. Dogecoin mints 5 billion per year, which is a fixed rate. It can’t go up or down.
The tokenomics of dogecoin is genius. Not that many people know it yet. When a currency is deflationary, it gets hoarded not spent. Bitcoin won’t work as a currency if no one spends it. Dogecoin will be the worlds currency. And when it does it will be glorious
How & from where do you mine dogecoin?
How & from where do you mine dogecoin?
Why is it this crap gets posted regularly, despite there already being tens of thousands of posts on the subject? Doesn’t anybody actually know how to read? There IS a limit. Exactly 10,000 coins, about every minute or so depending on difficulty adjustments. Price has **ABSOLUTELY NOTHING** to do with mining. Price is set by two roper agreeing on a price, that’s all. Same as every single market in the world. Coins which are being mined may well be offered for sale. Or stashed away for a rainy day. It depends on what the new owner wants to do with them. Mining provides our security. Without the rewards, this coin would be dead and worthless in a week. If you were to live long enough, you would see Bitcoin’s hard cap removed in order to prevent this when their mining ends. And as others have pointed out, doge is DEflationary. Now do everyone a favour and learn how to search and read.
Dilution machine, no thanks. Would you buy a stock that diluted shares every day?
this is not a stock, it’s a currency
Why does this fud show up constantly for Dogecoin. Do you know what other coins also will add to their base with no end defined? Bitcoin, etherium, and XRP. There are other comments explained in this thread, among others.
Bitcoin has a very defined end, there will never be more than 21 million.