They gonna pull the rug out from under nikkaz and people gonna get left holding bag
Dogecoin (DOGE) Discussion Thread
- Thread starter Pyrexcup
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- crypto cryptocurrency doge
They gonna pull the rug out from under nikkaz and people gonna get left holding bag
RareHunter
All Star
I bought today. Was I too late?
Virtuous_Brotha
Superstar
At such a big milestone the sell off/dip will be out of this world taking everything down with it
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Problematic Pat
Superstar
Even Etherum??
Y’all been saying this since dodge coin went up
Gunz&Butta
All Star
I think if BTC gets to 100k, other cryptos start looking really affordable compared to BTC and that might draw in people to buy those other coins.
BaileyPark31
Love, Peace, Health, and Wealth
crypto is so much bigger than the US
I am making money of coins that arent even listed on US exchanges
CreepyMcCreeperson
Veteran
41 cents
Elon hosting SNL this week is going to be GREAT!
Elon hosting SNL this week is going to be GREAT!
CreepyMcCreeperson
Veteran
42 cents
It's all the same, crypto isn't currency, it based on cryptography which is basically a finger print to track anything
Literally one man controls all of ethereum, people putting faith in that shows you ridiculous this is
I fell into it, because I've watched people get rich from this shyt, bu they were in early, the real come up already happened, people in crypto can get in and make a double or triple, or they gonna lose everything and hold that bag for eternity
how do you think silk road and all those black markets got taken down, its because they were using bitcoin which can be traced to the exact location of the computer the wallet is on or where it was sent which is recorded on every transaction
It's the biggest pump and pump scam that might last even 10 more years Bernie Madoff's ponzi scheme lasted 30 years before it collapsed
people need to do their research, get in and get out, but understand the risk that it can all be over anytime nobody knows
Crypto is not digital currency, we already have digital currency, it's called debit cards, ach transfers
BTC is a terrible payment system, it takes too long to confirm transaction, and the fees are too high
if you want to buy something with BTC and it's 50 dollars, you can't just send 50 dollars, because only 35 is going to be sent because of the fees, so you have to send 65 and the price will continue to go up the more people buy bitcoin, you will be trapped
the reason why the price hasn't crashed yet its because people haven't figured out how to get their money out
It's not easy to move 100 million of real money, let alone bitcoin, its people who have hundreds of milllions of dollars of bitcoin, what d you think is gonna happen to the price of bitcoin when they cash out, its gonna fall tremendously and never recovered, because they were the homes holding the bag keeping the scheme from collapsing
The only way to benefit from your bitcoin is to transfer it to your bank, which means you gonna be taxed ridiculously for it not of mention pay fees because you have to sell the bitcoin on the exchange for USD in order to transfer it to your bank, so the more money you have the bigger that fee, plus you have to pay taxes on it
so unless you send it to a business account where you can write off expenses, you are going to be taxed half of your bitcoins earnings after already paying a hefty fee just to get out the exchaneg
It's a scam, crypto isnt currency, as long as you understand, when you see significant gains cash out, and you can get rich and leave the greedy and idiots to their fate
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When are u selling?42 cents
No I haven't
I just took this stance, because I did some research, which I failed to do
You have to think Bernie Madoffs Ponzi scheme lasted 30 years lmao, he was paying returns out to the investors, so people keep their money in their and he was able to add to investors to keep returns coming in, it wasn't until people wanted all their money out that it collapsed
When the guy who brought doge at 2 cents sees it hits a dollar, and he wants to cash out his 100s of millions, what the fukk do you think is gonna happen to Doge coin and all the sheep still holding it
CreepyMcCreeperson
Veteran
My girl’s family got me into crypto. Her mom said when a coin you buy for pennies hits a dollar, withdraw. You don’t want everything out, but these fad coins will go up and down, multiple times.
So when it hits a dollar, I’ll pulling at least 75%