Dogecoin developers lament about the market cap of their coin

[Kargai]

Not everyone is pleased by the increase in value one coin can make. That's the case of the Dogecoin dev team who don't see that explosion of the price in a positive way (Doge took 400% in value last month and is now at 1.15 billions $).

They believe there is a lot too much speculations in the markets and that thing are not related to the real product anymore.

The founder of Dogecoin, who left the project in 2015, said :  “I have a lot of faith in the Dogecoin Core development team to keep the software stable and secure, but I think it says a lot about the state of the cryptocurrency space in general that a currency with a dog on it which hasn’t released a software update in over 2 years has a $1B+ market cap.”

And I believe he SO right. I'm saying the same about Doge for a long time now. A "dead" coin can't take so much value in a healthy market.

Source : https://news.bitcoin.com/dogecoin-developers-lament-billion-dollar-market-cap-milestone/

[wilberthh]

The only reason why people love dogecoin so much is because of the transaction speed and cheap fee as well.

Doge was originally created as a joke currency, I never thought its gonna be like this too.

[Engineero]

i use Doge coins because of the low fees and fast transaction .. blockchain suks now i have a 0.001 Btc transaction stucked since 2 weeks

so now i convert my btc into doge before withdraw

[firenine]

It looks like John McAfee do not agree with Mr. Jackson Palmer considerations

[wilberthh]

4 hours ago, Engineero said:

i use Doge coins because of the low fees and fast transaction .. blockchain suks now i have a 0.001 Btc transaction stucked since 2 weeks

so now i convert my btc into doge before withdraw

There is a crypto currency called RaiBlocks. 0 fees and almost instant transaction  

[Mazda3]

It seems to me that it will be a small coin for exchanging currencies, but it will not grow very much in price, but it will not disappear because of the low commission