Dogecoin (DOGE) Discussion Thread

[alpo]

Supply.

There's only 115.8 million of it.

Dogecoin on the other hand has no cap and right now theres almost 130 billion in circulation.


Bitcoin is so valuable because they capped the supply.

In simple math. If the value goes too high, the market cap would be worth more than the US GDP.

 

[alpo]

Why does everybody's mind seem to be set on $1 then sell? Nobody thought it would even make it this high, so just ride it out

They said they same thing about going .10 and sell

patience is virtue

 

[MoveForward]

Are there major tax implications for this sh1t? I have been actively trading but 30% return off of this little 2k since Sunday is awesome.

 

[Scott Larock]

yeah that’s all of them that ask for id verification for the most part. Make sure you do all of the coinbase rewards videos, basically free money.

mid I could get a few grand a month profit I’d be pretty happy, really need a extra stream of income.

I got Coinbase on my phone but no money in it yet I’m not home currently.

 

[Arris]

63



Y’all latecomers better take advantage of this dip.

I need to start working. I haven’t done anything all day but keep track of this.

put $1,300 on it today

if I lose it I lose it, definitely a short term hold but i'm tired of reading about it shooting up.

 

[O.iatlhawksfan]

Whenever one of these whale wallets (20%+ of the total supply of doge) decides to sell off when they hit their price target (I think $1) its gonna dip hard. Hoping u nikkas are taking profits somewhat early and have an exit strategy. I sold off alot of coins before this current surge but ill buy back in once it crashes and gets a new support level

It has so much momentum to crash tho

I’m not into Cryptos like that what’s an example of a crypto gaining like this and falling

 

[Rekkapryde]

It has so much momentum to crash tho

I’m not into Cryptos like that what’s an example of a crypto gaining like this and falling

already took 5 bands in profit from the last surge a few weeks ago and yesterday/today's surge

We eatin

 

[ORDER_66]

Why does everybody's mind seem to be set on $1 then sell? Nobody thought it would even make it this high, so just ride it out

Because a FEW of us had dogecoin when it was SUB-penny status...

 

[Charly Wingate]

It has so much momentum to crash tho

I’m not into Cryptos like that what’s an example of a crypto gaining like this and falling

Bitcoin hit around 20k in December 2017 then fell 45% a couple days after and eventually went under 6,000 a coin. There were other catalysts that caused the crash but cryptos in general are highly volatile.

 

[Sohh_lifted]

ETH breh. I thought you was on already?

Buy as much ETH as you can afford.

It's like that breh? Ight ight.

 

[Dak Pickscott]

can somebody explain why i just lost like $60 in a couple hours??

 

[MoveForward]

Edit

 

[alpo]

Because a FEW of us had dogecoin when it was SUB-penny status...

Glory

 

[Rekkapryde]

Because a FEW of us had dogecoin when it was SUB-penny status...

 

[CreepyMcCreeperson]