Dogecoin (DOGE) Discussion Thread

[that guy]

Elon Musk was manipulating the market and is part of the problem that the guy in the OP was speaking of.

Anyways, the point of a currency is being a stable store of value, that's not what crypto is. It's a speculative asset and since being unregulated is a feature, not a bug, that won't change.

What does Elon manipulating the market have to do with anything? Every market is manipulated.

I don’t get why you keep saying currency is supposed to be a stable store of value when I already proved to you that the currency you use every day decreases in value every single year. There’s nothing stable about the dollar. We’re seeing record inflation as we speak.

Bitcoin is regulated, it’s regulated by MATH. You need to do some research. The people who created Bitcoin are experts in monetary policy and mathematics. I’m pretty sure you’re not smarter than them.

 

[Still Benefited]

glad my family didn't listen to me when I told them to buy crypto lol

 

[that guy]

Your analogy disproves your point.

Ive been in the market since the mid- late 90s, so I was trading during that initial burst. The crypto craze, imo, is the modern equivalent of the dot com bubble- the period of pets.com, not Amazon.

I'll leave it to all you early investors to fund the r+d that will someday, in the future, create 'the new Amazon'.

The dot com bubble occurred because of speculation in internet companies not in the actual protocols itself. We never had the opportunity to invest in the internet protocols. And Amazon was trading publicly at the time for less than $20. Those who had the foresight didn’t invest in pets.com, they invested in internet companies like Amazon. Pets.com is the equivalent of dogecoin and ripple. Pump and dumps in the mist of massively undervalued projects. When the dot.com bubble popped, that money flowed elsewhere.

I will say this though, there are hundreds of cryptocurrencies and the vast majority will goto zero. That money will flow to the more legitimate projects. Dogecoin for instance is worth 23 billion dollars and it literally was created as a joke and has no use case. That money will flow into projects like ethereum, cardano, etc

The future is now. Ethereum is settling billions in transactions DAILY. Look at how NFTs are disrupting the music industry.

 

[old pig]

I will say this though, there are hundreds of cryptocurrencies and the vast majority will goto zero.

shyt literally thousands but “yes” at the bold.

...I’m not exaggerating in the least when I say 95% of crypto projects never recovered from the bear market and that 95% is a generous number...you have maybe about 50-100 projects in crypto holding up an overwhelming majority of the market...BTC and ETH alone account for 75% of the market...

 

[BlackBall]

i don't like when people say they're invested lol.

it's not an investment.

it's a casino.

All In

 

[old pig]

Dogecoin for instance is worth 23 billion dollars and it literally was created as a joke and has no use case.

DOGE is now listed on webull…I’ve stopped fighting it at this point but it’s always in the mix now with BTC and ETH which is insane to me

 

[that guy]

It's nothing like that at all, though.

My fiber internet has consistently been $90 a month for 2 years.

I sold my doge at .40 something ish during SNL and it's now at .18 and has been consistently dropping for months. If you bought in on dogeday or even the week/month of SNL, then you lost money guaranteed since that was ATH and hadn't recovered since.


You're talking about an unregulated market that goes on whims of literally any and everything. Most of these shyts are literally all pump and dumps

I got my shyt staking in Eth 2.0 so its not like I'm totally against this shyt

Bro you’re analyzing a entire market worth over a trillion dollars based on your participation in a pump and dump meme coin

 

[that guy]

DOGE is now listed on webull…I’ve stopped fighting it at this point but it’s always in the mix now with BTC and ETH

I’m glad it’s on webull, the meme coins are getting the average retail investor interested in crypto and getting familiar with buying and selling crypto. Dogecoin goes to zero and a large portion of that 23 billion is going to stay in the crypto market

 

[that guy]

i don't like when people say they're invested lol.

it's not an investment.

it's a casino.

By that logic then so is the stock market

 

[that guy]

I heard only 1000 people control over 40 percent of Bitcoin.

1% of people own 30% of the entire supply of dollars

 

[old pig]

I’m glad it’s on webull, the meme coins are getting the average retail investor interested in crypto and getting familiar with buying and selling crypto. Dogecoin goes to zero and a large portion of that 23 billion is going to stay in the crypto market

I don’t think that ever happens…worst case fate is it gets delisted which doesn’t even seem likely at this point but there will always be takers when it comes to DOGE

 

[You Win Perfect]

No more a scam than the US dollar

 

[ORDER_66]

glad my family didn't listen to me when I told them to buy crypto lol

y'all missing out on money

 

[Still Benefited]

y'all missing out on money

I have crypto,but I can only imagine having to hear their mouths for however long crypto stays down.
They would make sure to check the doge price on robinhood everytime I stepped in the room,and make sure I saw them looking

 

[that guy]

@HarlemHottie this is what people were saying about Amazon during the dot.com bubble while people were investing in pets.com. Amazon is now worth 1.83 Trillion dollars. If Amazon is ONE website that is worth that much than how much is the https protocol that ALL websites are built on? That’s what investing in crypto is about