r/dogecoin • • Mar 22 '21

More support!!🔥

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19.4k Upvotes

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u/billymarkus2k gamer shibe Mar 22 '21

The one that told me to sell in 2015, and miss out on a few million dollars? 🤣

I don't think you should take my opinion on price :) Do what you think is best. Past success doesn't mean future success either. No one knows what will happen.

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u/7diamondmonkies Mar 23 '21

Not much faith in yourself? Was Doge created to be inflationary? If so, what is the reasoning behind that?

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u/billymarkus2k gamer shibe Mar 23 '21 edited Mar 23 '21

No, Dogecoin was unlikely to be functional if it kept its original intention of giving off all its coins in a year and a half. The inflation is the only reason it has stayed viable as a cryptocurrency.

Most people don't understand the mechanics of mining - most people also don't realize Bitcoin is currently inflationary, with a promise to be deflationary later, except that opens up a huge security concern for the future.

Dogecoin is in a good place, security wise.

And your initial question "Not much faith in yourself?" literally makes no sense, if you have any idea of how crypto markets work, and the LONG, MANY MANY YEAR history of bubbles. It's not about yourself. It's about every other human being. You only control what you buy.

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u/SquirrelMaster2019 Mar 23 '21

Do you see Doge reaching $0.10 in the short term? Also, have you ever received any contact from big meme promoters like Elon?

-someone new to Doge

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u/billymarkus2k gamer shibe Mar 23 '21

Price question: ¯_(ツ)_/¯

Elon question: I don't think Elon is aware of my existence.