Hobbes is famous for his early and elaborate development of what has come to be known as âsocial contract theoryâ, the method of justifying political principles or arrangements by appeal to the agreement that would be made among suitably situated rational, free, and equal persons.
TODAY the European Central Bank (ECB) launches its long-awaited programme of quantitative easing (or QE), adding lots of public debt to the private kind it has already been buying. Its monthly purchases will rise from around â¬13 billion ($14 billion) to â¬60 billion until at least September 2016.
The market cap was also four times as large as it is now, and since the total supply was much lower, that coupled with a larger market cap is why the price was so high. Dogecoin was nearly at $100 million for the market cap, but now it is around $27 million. Divide Market Cap by Total Supply... and you get the current price. Those two things are what determine the price of a cryptocurrency, technically. We need to get people to buy Dogecoin, and it needs to look more attractive as an investment too. Investors are the main ones driving up coins' prices. I have bought over 30k Doge this week myself.