Dogecoin

[Phil C. McNasty]

If you bought $3,000 at the time of this post you could have made $24,333

$3,000/0.054 = 55,555 Dogecoin Feb - 16th
Sold @ 0.438 (high) = $24,333.00

However if you sold half doge when it hit the high and then bought at 0.17 during the drop you would have now had

$55,555*.5 = 27,777
27,777*.43 = $11,944
$11,944/0.17 = 70,258
Total coin = 70,258 + 27, 777 = 98,888

Chances are very high IMO it will hit 0.4 again. Therefore from $3,000 on February 16th you have a good opportunity to make $39,556.

I did something very similar although I got in at 0.07, I think they refer to this as stacking. However just be mindful of taxes each time you sell the coin.

and people still think this is a pump and dump and shit coin. When it hits around the $1 range they will forget their current bias and mindset and say to themselves ohhh I wish I invested back then. Hello, the train has by then left.

This is why it is important never to take any advice from terb. Even when you do your DD, post countless of posts, research, insights, majority of people only see their way or just echo the popular opinion.

This is why I don’t post anymore because majority of the discussion on here is disconnected from reality especially posts about politics or many of the topics and social issues. All we have are competing ideologies fighting and being caught up in fantasy and ideas while reality slips by without majority noticing.

Instead of arguing with people or wasting energy might as well use your intuition and brain power to make money in the stonk and crypto market and let these fools eat each other up with their competing ideas and fantasies.

PS ...just started investing since January and already doing amazing, glad I stopped wasting time on here.

Hey, I think its great you're doing so well.

Problem with cryptocurrency is I find it much harder to predict when to sell and when to hold on (much harder compared to stocks that is).
Also, this whole thing could crash at any given moment (like the dotcom crash in 2000)

 

[Prelations2]

Have you taken a look at Safemoon?

• its a month old
• 1M members
  huge volume - because the price is so low
• 10% penalty to sell it (encouraging you to save and penalty goes to members)
• Not sure of the actual purpose
• Meme coin for now
• Essentially like a lottery ticket.

Here’s a google search because there’s tons of press on it.

https://www.google.com/search?q=safemoon+coin&ie=UTF-8&oe=UTF-8&hl=en-us&client=safari#ip=1

 

[Prelations2]

Anyone buying Dogecoin???

$1 by SNL showtime?

 

[sprite09]

sold half prior... bought the dip

 

[Phil C. McNasty]

Tesla has stopped accepting bitcoins. This is bad news for all other crypto (at least short-term)

Bitcoin's crash is very bad news for other cryptos

Elon Musk's surprise reversal on accepting bitcoin payments for Tesla cars has triggered a sharp plunge in the cryptocurrency — spelling trouble for other coins that have notched shocking returns in recent months.

www.cnn.com

 

[Butler1000]

Tesla has stopped accepting bitcoins. This is bad news for all other crypto (at least short-term)

Bitcoin's crash is very bad news for other cryptos

Elon Musk's surprise reversal on accepting bitcoin payments for Tesla cars has triggered a sharp plunge in the cryptocurrency — spelling trouble for other coins that have notched shocking returns in recent months.

www.cnn.com

It was great. Nice little price drop so I could buy in more. And Its already recovering. My favorite is now at an all time high.

One man one day means shit all. All it did was shake out a few weak hands and give a buy opportunity to investors.

 

[fall]

Tesla has stopped accepting bitcoins. This is bad news for all other crypto (at least short-term)

Bitcoin's crash is very bad news for other cryptos

Elon Musk's surprise reversal on accepting bitcoin payments for Tesla cars has triggered a sharp plunge in the cryptocurrency — spelling trouble for other coins that have notched shocking returns in recent months.

www.cnn.com

Finally at least some important public figure says how much resources are wasted for mining even with the current state of crypto. If the cost of production of money is comparable with its value, having such money is very costly for the economy (and not just for the environment)

 

[Butler1000]

Finally at least some important public figure says how much resources are wasted for mining even with the current state of crypto. If the cost of production of money is comparable with its value, having such money is very costly for the economy (and not just for the environment)

Lol. So which bank do you work for? I don't blame you for trying to come up with every stupid argument to slow down decentralized finance. Its going to eat into the banks monopolies on financial transactions in a big way.

As to his being an "important public figure" please remember his company bought in after what must have been careful study on Bitcoin. So he knew well before hand its pettigree. Same with Dogecoin. Which is a joke meme. He used it to garner publicity, and do a pump a dump.

Or was he clueless? Do you really believe that?

 

[Phil C. McNasty]

Lol. So which bank do you work for? I don't blame you for trying to come up with every stupid argument to slow down decentralized finance. Its going to eat into the banks monopolies on financial transactions in a big way

Not if all the banks adopt crypto alongside the US/CDN dollar.

I'm not sure thats gonna happen though. I find this whole crypto market difficult to predict

 

[fall]

Lol. So which bank do you work for? I don't blame you for trying to come up with every stupid argument to slow down decentralized finance. Its going to eat into the banks monopolies on financial transactions in a big way.

As to his being an "important public figure" please remember his company bought in after what must have been careful study on Bitcoin. So he knew well before hand its pettigree. Same with Dogecoin. Which is a joke meme. He used it to garner publicity, and do a pump a dump.

Or was he clueless? Do you really believe that?

Banks making money off currency? How? By charging you monthly fees on your checking accounts? There are lots of online banks that offer free checking. Banks are just intermediaries who borrow and land money, and they do not care much what kind of money they are dealing with. They were this way for centuries. And the first paper money were decentralised and issued by banks (hence, the name banknote). The only thing that crypto can (but never will) do is to take away the government ability to print money and implement monetary policy. And,anyone who took any Macroeconomics class knows that it is the worsts thing that can happen to the economy in the long-run. As long as there is trust in the governments, any type of gold standard (and crypto-currency is just another type of gold standard) is a disaster. Of course, when there is no trust in the government, people want to have a commodity-type money and it is why crypto is so popular in developing and authoritarian countries. Crypto is the gold coins of the 3rd world countries. In fact, while block chain technology is a progressive and useful thing, crypto currency is a regress back to the middle ages (and I am literally talking about 13-17 centuries) monetary system.

 

[fall]

Not if all the banks adopt crypto alongside the US/CDN dollar.

I'm not sure thats gonna happen though. I find this whole crypto market difficult to predict

Or, it is very easy to predicts: it will not exists 50 years from now. And by "not exists" I mean in decentralised way. It is very possible that governments will adopt block-chain technology, but it will be just another way to do transactions, like electronic payments now, with money supply fully controlled by the central banks. In the short-run though, lots of people will win and even more will lose playing this game.

 

[Butler1000]

Banks making money off currency? How? By charging you monthly fees on your checking accounts? There are lots of online banks that offer free checking. Banks are just intermediaries who borrow and land money, and they do not care much what kind of money they are dealing with. They were this way for centuries. And the first paper money were decentralised and issued by banks (hence, the name banknote). The only thing that crypto can (but never will) do is to take away the government ability to print money and implement monetary policy. And,anyone who took any Macroeconomics class knows that it is the worsts thing that can happen to the economy in the long-run. As long as there is trust in the governments, any type of gold standard (and crypto-currency is just another type of gold standard) is a disaster. Of course, when there is no trust in the government, people want to have a commodity-type money and it is why crypto is so popular in developing and authoritarian countries. Crypto is the gold coins of the 3rd world countries. In fact, while block chain technology is a progressive and useful thing, crypto currency is a regress back to the middle ages (and I am literally talking about 13-17 centuries) monetary system.

I suggest you do research into projects like ADA Cardano. They do so much more than you realize and will become a completely seperate entity from the Centeal banks. Fact is the present Banking system refuses to enter into third world markets, and DeFi is going to be the solution to that, as well as information trust.

And the rise of inflation in First world nations is going to drive more of their citizens to it as well. It certainly won't kill fiat. But if Nations do develop their own Crypto then the banks will lose even more market share. They just won't be needed to store it or manage transactions. And DeFi includes borrowing.

I'm making money not just on speculation but on staking my holdings. At a far greater rate than any bank is offering. Even on stable coins priced to match USD. And the transaction fees are 0.01% . Or flat fees. Transfer costs with banks to different nations are up to 5% now.

Peopke are waking up. In five years you will regret not coming in.

 

[Butler1000]

Not if all the banks adopt crypto alongside the US/CDN dollar.

I'm not sure thats gonna happen though. I find this whole crypto market difficult to predict

They will. And the banks are middlemen not needed in Crypto. You store it in virtual wallets or even physical electronic ones. You transfer directly between accounts at a fraction of the cost. Some of the projects will allow them to become a complete digital identity completely under the control of the person, from education records, to health records, financial records, land ownership, you name it. With financial services from loans, to investment all available on one platform on your mobile phone, with better security than anything the banks are using today.

It will be fast, easy, cheap and secure. Everything consumers prefer.

 

[fall]

It is so funny to read posts by people without basic economics education disusing the effect of crypto, the danger of inflation, and the role of banks in the economy. It is even funnier when they say "do research" but meant "read online materials", or, at best, "construct a few graphs". Well, what can I say, some people believe that literature review is actually research. It is true that in the long-run these people will unlikely to have any significant effect, but in the short-run they do affect markets a lot. And, unfortunately, since almost all countries are socialistic countries now (including the U.S.) it means that the majority of these people will end up needing and receiving the government assistance paid by taxpayers.

 

[Butler1000]

It is so funny to read posts by people without basic economics education disusing the effect of crypto, the danger of inflation, and the role of banks in the economy. It is even funnier when they say "do research" but meant "read online materials", or, at best, "construct a few graphs". Well, what can I say, some people believe that literature review is actually research. It is true that in the long-run these people will unlikely to have any significant effect, but in the short-run they do affect markets a lot. And, unfortunately, since almost all countries are socialistic countries now (including the U.S.) it means that the majority of these people will end up needing and receiving the government assistance paid by taxpayers.

Ok Boomer.......

 

[anonemouse]

Ok Boomer.......

Nothing says "I can't refute what you're saying" more than a one line post attacking the previous poster.

 

[Butler1000]

Nothing says "I can't refute what you're saying" more than a one line post attacking the previous poster.

What it clearly states is he has his head in the sand, or is scared of the long term prospects. And is just repeating talking points either way.

Im sure he still has a landline, a fax machine, and maybe a pager as well.

 

[anonemouse]

What it clearly states is he has his head in the sand, or is scared of the long term prospects. And is just repeating talking points either way.

I don't think you understand what "clearly states" means. It means that something is obvious. "OK Boomer" doesn't quite get that across, instead you're just attacking the person.

When it comes to repeating talking points, that perspective is monopolized by the coin hypers.

 

[Butler1000]

I don't think you understand what "clearly states" means. It means that something is obvious. "OK Boomer" doesn't quite get that across, instead you're just attacking the person.

When it comes to repeating talking points, that perspective is monopolized by the coin hypers.

Go back and look at his various posts in Crypto threads. All the same about the infallabity of the Central banking system. And he started the insults with patronizing language.

So I gave back.

 

[sprite09]

meh, just let it be, guys ...there will always be people against crypto and the ones who are 100 percent for it .

I had my reservations as well but then I decided to jump in for fun for seeing the insane gains my friend made (he's now in the two comma club and he's been liquidating)...I tell people only put in what you can afford to lose, as it is no doubt a bubble (just look at the valuation of these coins ) and it's, overall, speculation. so hopefully I can exit once the bubble pops

also, fundamentals are bs right now due to money printing from the central banks ..they've been out the window for equities as well...not just crypto

it'll be probbaly be like dot com where a handful of coins and exchanges survive , where binance trying to become the amazon of crypto exchanges.