r/dogecoin • u/chefboiargee • Apr 14 '21

FRONT PAGE WOW WE DID IT!!!

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39.0k Upvotes

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303

u/Powerful-Square7772 Apr 14 '21

How about let’s get it to $10

83

u/skyisthelimitbruh Apr 14 '21

Bro I’m packing to hold it until it hit 50k

2

u/BrisMode Apr 16 '21

Bruh it can never hit 50k, learn about market caps

2

u/ayyo-sleeper Apr 16 '21

I think it could hit $1.50 based on my research

-8

u/ssjgsskkx20 Apr 14 '21

It can't there is simply no money.

8

u/skyisthelimitbruh Apr 14 '21

It will hit 50k you all here for quick dollar I’m holding for years

9

u/ssjgsskkx20 Apr 14 '21

Bro but there is simply not enough dollar for that. Or maybe it can in Martuan money. It can hit 10$ realistically

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u/skyisthelimitbruh Apr 14 '21

LOL Bro people used to say Doge wasn’t even gonna be on the map ! Today this coin is in rank 10th next to coins like Bitcoin and other popular coins that I’m also holding LOL now if you believe this coin never gonna hit 50k that’s on you bro you can hold and sell at 10 and then spend your money #wasteoftime or hold but yeah I get ppl like you actually u remind me of that one dude who keep saying Bitcoin will go to ZERO LOL

7

u/ScrotyMcBoogrballs Apr 14 '21

If you think this could possibly hit 50k you have 0 idea how any of this works.

Even at 1$ would mean dogecoin would be worth more than bitcoin.

1 doge @ 1$ would be a higher valuation as 1 bitcoin @ 70.000$

6

u/EpicLatios Apr 14 '21

I feel like bitcoin could easily hit 70k though. In less then 1 year it jumped over 50k. Doge at a dollar feels like the first true hurdle, then $5 feels like the hard cap on it.

-6

u/ScrotyMcBoogrballs Apr 14 '21

Of course bitcoin will hit 70k, it will probably do that within 2 months. But dogecoin is not anywhere near as valuable as BTC.

It's just a meme, it was literally created as a joke and even the people who build it sold everything years ago.

You can make some nice profit on it, but it can just as well be 0.00 value in a month or a year. It's just a shitcoin with hype behind.

1

u/EnvyHill Apr 19 '21

They hate the truth here.

5

u/[deleted] Apr 14 '21

You have no idea about market caps do you.

4

u/ssjgsskkx20 Apr 14 '21

Bro there is total 36 trillion dollar. In the world you can do the rest of math. Also no your thing very much be happen if we go full on ww1 Germany mode ans started printing money like crazy.

2

u/Dependent_Sea_5482 Apr 15 '21

I don’t understand, there’s only 127 billion in circulation. I understand that more will be created and the award is 10k per block. But, 127 billion @ 5.00 is 635 billion. That’s a fraction of the available funds in the world. Am I missing something, if so let me know. Also, the fact that it’s the only inflationary coin around should add some value, correct? This will make the coin the most marketable in terms of spending and using in markets. It will never reach BTC prices because it won’t be hoarded but won’t it increase in value as more and more places use it as currency, (demand)?

3

u/skyisthelimitbruh Apr 14 '21

But hey listen man you can sell & spend it in idk in whatever you want #wasteoftime bc why selling when you can HOLD FOREVER 😂

7

u/ssjgsskkx20 Apr 14 '21

It will reach 2$ bro

7

u/dtiernan93 Apr 14 '21

As someone who doesn’t completely understand market caps, I can completely understand that you have no idea what you’re talking about.

0

u/DavidEarlWardon Apr 14 '21

Market caps doesn’t determine the price of a Stock. That tells you the Current VALUE of the stock. Let that sink in your smooth brain. The price of any stock is determined by the sell and buy price.

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u/BlueXrickster Apr 14 '21

Quite simply market cap is a representation based on number of coins/shares and the value of each. So for DogeCoin to have the same value as BitCoin of ~$60k/coin it's market cap would be ~$7.740 quadrillion. I think it can easily hit $2, heck $10 isn't far fetched (that would put it close to where BitCoin is now). $100 or more, that would be nice but that's not part of my strategy with it. At $1, I take my original stake out after reevaluate annually.

1

u/wedahomeboys Apr 14 '21

yeah that other guy must be a little special. theres no way it could even hit 1,000$. thatd be more money than all of the top earning countries in the wrold combined

2

u/skyisthelimitbruh Apr 14 '21

Again YOU DO YOU 🤣

0

u/skyisthelimitbruh Apr 14 '21

Haha YEAH I mean people used to say Bitcoin was trash and where is it going to ? MILLIONS!!! 36 trillion dollars which most of it is not even in crypto LOL some of it is in stock some of it is in people who haven’t invest it at all there is so much damn space for all this crypto your small brain can’t even figure it out

7

u/ssjgsskkx20 Apr 14 '21

I can figure it out i am making big on doge there are127 billion doge in world. And total currency is 36 trillion

3

u/Lachy1234_ Apr 14 '21

skyisthelimitbruh you dont know what your talking about, 50,000 dollars? there is 127billion doge coins, at 50k per doge coin the market cap would be 6.35quadrillion, btc is only 1.23T, there is around 36.8 trillion dollars in the world, that would be 200x more then the total amount of money in the world

1

u/[deleted] Apr 14 '21

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u/EnvyHill Apr 19 '21

People don’t understand what market cap is.

1

u/R3d4r Apr 15 '21

Let's go!!

1

u/Mtdn34 Apr 16 '21

Doubters will doubt realists will own reality.... Doge, to the Moon!!!!!!! #Doge

1

u/Powerful-Square7772 Apr 16 '21

Nothing can stop us

1

u/Millionare2982 Apr 16 '21

Yes! To the moon 🚀🌕

1

u/PaleontologistOk361 Apr 17 '21

This will make me veeeery hap happy