Why is Dogecoin worthless?

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It's extremely inflationary, I have no fucking idea how it still manages to get over 100 sato sometimes.

>>2653658
because its not 2013 anymore

>>2653690
>>2653683
Why won't it be valuable in the future?

>>2653695
What about inflation don't you understand?

>>2653704
i don't understand any of it, please explain.

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make crabecoine now

it is best coin still
remember always
1 dog = 1 dog

>>2653658
Because a faggot named _moolah almost succeeded in a 51% attack right after Dogecar.

People are very hesitant to trust tipping cryptos now. That's why we're having issues with REDD adoption.

>>2653711
There are 10,000 Doge mined every minute, that is 14,400,000 Doge per day. This means at the current price 15.4 BTC worth is created every day, 5,623 BTC per year.
So for it to maintain it's current price there needs to be 15.4 BTC worth of new buys every day, 5,623 BTC worth per year.

This isn't going to happen thus Doge can't support it's current price and will end up worthless given enough time as there is no maximum limit on coins created.

>>2653658
It's a joke/ novelty and was intended as such, you autist.