@HarryChest 9 May 2021 more from that month

The problem with DOGE It's my speculative view only. I'm an amateur, please read and comment, but perhaps it is better you do not take my view as trading advice. That said ... Let's get to it. Many times the argument of unlimited supply is thrown around as a bad thing about DOGE. I see it differently. 'New DOGE' is not created out of nothing, for nothing. The mining or whatever is a way of adding new coins. So they represent some effort. The surges in transactions, as we expected these days, create a whole lot of small transactions from relatively big accounts, resulting in a lot of newly mined coins, regulating the price of a single coin. Speculative buyers then, surprised that the coin did not go sky high immediately, start to sell. In effect creating even more DOGE. Now, the 'collectors' are on the other side of these transactions, consolidating value once more. When the process will be over (and it can take some time), the DOGE blockchain will be bigger, but will hold a lot more value also. I intend to HODL. #CryptoTrading