Some are saying there is no future on DOGECOIN, sorry to tell you guys but this is the future coin. Why?
Reason 1: Even Dogecoin is unlimited, time will come when 1 dogecoin will need a quantum computer (though it is far from being commercialized) to mine. The everyday difficulty of mining is rising up, that in the future your GPU's will be useless to mine 1 Dogecoin.
Reason 2: Dogecoin can use its weakness of unlimited supply as its strength. While other coins have their limits like bitcoin, time will come when 1 bitcoin would be a millionaires coin that only wealthy person can get 1 BTC because of its high value while with Dogecoin though it is unlimited with the difficulty of mining it is not far that its value would reach the moon. The advantage of this is there will be always available coins for everyone not like bitcoin. Yes, supply and demand is a factor of value but look at the other side, Dogecoin can rise up and down like hard money but it will not lose its value. The availability and flexibility will make it versatile in the future. Let's put it this way. BTC is like a gold and Dogecoin like water. We know that gold is precious because of its rarity and water is everywhere. We held gold because it is of high value, though water is everywhere we need it clean and accessible for daily use.
Reason 3: Dogecoin is already there. It is already made its popularity. The only thing that it needs is a push. He is like a sleeping dragon. Let's face it, cryptocurrency is on its early stage in introducing to the world. Would you invest in a new coin rather than to a well known one?
So, for me, Dogecoin will be the future e-coin. Bitcoin started 0.06 USD and at this moment rose up to $18,314.20. Who would think of it until it's too late?
No comments:
Post a Comment