Dogecoin (DOGE) Discussion Thread

[beenz]

most of these cryptocurrencies uses influencers to drive up the price of a fictitious currency like a pump and dump scheme.

 

[ISO]

Facts.

 

[Rembrandt]

Duh. The rise of all these alt and shytcoins that popped up after doge broke out on a run is wild and disgusting

I got a feeling some ppl may even end up arrested or something for some of these like

 

[Artificial Intelligence]

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[beenz]

Duh. The rise of all these alt and shytcoins that popped up after doge broke out on a run is wild and disgusting

I got a feeling some ppl may even end up arrested or something for some of these like

I don't even understand most of these crypto's. like what retailer accepts dogecoin?

 

[Treblemaka]

People often confuse crypto speculation with detailed investing and that is usually their downfall.

Corporation Investing and currency speculation have two different levels of risk.

 

[Artificial Intelligence]

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[Rembrandt]

I don't even understand most of these crypto's. like what retailer accepts dogecoin?

None to my knowledge, though I think some weird places may because of the boom


But dogecoin was invented as a shytcoin to get ppl interested in crypto with no actual practical use at all. It just got memed into being worth something for a quick min and now it's back to .18 when nikkas were swearing the floor would be 30ish after the SNL dip

 

[Double Burger With Cheese]

It’s almost like it’s a big ass Ponzi scheme...mothafukkas better smarten up. Of course you can make some money though and plenty of people have/are. Plenty of people lost too. People just need to do the knowledge and understand what they getting into. But on the other hand, you kind of don’t. If you think it’s going up then buy and then sell. You don’t need to be no expert and it wouldn’t matter if it was a Ponzi scheme. You just wanna make some quick flips on short term investments. But in general, people need to educate themselves. Too many people listening to they cousin or some “guru” off the internet with these perfect (opposite of perfect) systems and unlimited success stories. But humans gon human

 

[CrimsonTider]

FOMO!

 

[Standing on business]

It’s definitely controlled

 

[Batsute]

The average person can’t mine and you can only invest in it like a commodity.

The anonymity factor is gone and miners are basically the 1%. Crypto is now just less regulated stock market. Blockchain technology is where it’s at not the coin.

 

[cobra]

It is the future

Using words like right wing and hyper-capitalistic is not going to change that

I’m not talking about shyt coins, there are so many real projects involving smart contracts, NFTs, Decentralized finance

 

[macadomusic]

Not sure how it's a scam if muhfucxas are making money but hey .....

 

[Lootha VanDraws]

B..b..b...but a thottie on IG said she could teach me the ins and outs of crypto. I already paid for her course brehs. Have I been bamboozled?