James when do you think Next will hit the magic 0.012?
And how will doge grow in the upcoming weeks?
When the market fully understands that NXT is better than BTC and all the main features are working (or at least credible release date is announced). Basically as soon as NXT marketing gets the message through.
DOGE could become the main crypto, especially if it becomes the currency that all web surfers use as micropayments, eg. tipping. If that is the case, then it could go to its BTC dilution valuation instead of LTC dilution valuation.
BTC dilution valuation is 30 billion DOGE / 12 million BTC = .0004 BTC
LTC dilution valuation is 30 billion DOGE / 25 million LTC = .000833 LTC = ~0.000025 BTC
That a very large price range, so clearly the key to DOGE valuation is if it displaces BTC for significant percentage of what BTC is used for, or if DOGE's new usage is significantly larger than BTC's usage. Still even the low end number is an order of magnitude above current prices. I assess DOGE's upside as second only to NXT, a distant second, but still that's much wow, as the DOGE peoples would say
James
P.S. Caution: There is a chance that DOGE is just a fad and in three months trades significantly below where it is now. You need to keep in mind that DOGE will never get any new features, at least I can't imagine it. This is why NXT is both qualitatively and quantitatively a better investment than DOGE. Personally, I just bought 5 BTC of DOGE yesterday based on my analysis. Overnight triple is a nice gain, but I made a lot more by not selling my NXT!
