Started By
Message

re: Official CryptoTalk Thread

Posted on 4/15/21 at 3:09 pm to
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/15/21 at 3:09 pm to
I haven't paid attention was there a catalyst to explain this surge or just still a meme?

congrats on the gains btw
This post was edited on 4/15/21 at 3:10 pm
Posted by DVinBR
Member since Jan 2013
15397 posts
Posted on 4/15/21 at 3:10 pm to
bitcoin 62% gain on the year

dogecoin 1900% gain on the year

dogecoin > bitcoin
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/15/21 at 3:11 pm to
you forgot one: dvinbr -62%

brutal
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82125 posts
Posted on 4/15/21 at 3:12 pm to
quote:

you forgot one: dvinbr -62%

Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82125 posts
Posted on 4/15/21 at 3:13 pm to
What a world we live in when 62% gain not even halfway through the year is a "burn"
Posted by Vood
Member since Dec 2007
8561 posts
Posted on 4/15/21 at 3:13 pm to
quote:

I haven't paid attention was there a catalyst to explain this surge or just still a meme?



I think the major driving factor this time is the Dallas Mavericks talking Doge coin as payment for merchandise and tickets this week as well as Elon Musk continually talking about DOGE. Meme or not this might just be the catalyst that sends it to the moon.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/15/21 at 3:15 pm to
yea that might be it..I was floored when cuban said he would never sell
Posted by DVinBR
Member since Jan 2013
15397 posts
Posted on 4/15/21 at 3:15 pm to
but you could have made 1900% in dogecoin

Posted by DVinBR
Member since Jan 2013
15397 posts
Posted on 4/15/21 at 3:17 pm to
more like

dvinbr -1900% because i didn't buy dogecoin
Posted by Tiger1242
Member since Jul 2011
33112 posts
Posted on 4/15/21 at 3:18 pm to
quote:

What do you mean? It has already taken off...it is the 8th largest coin out of thousands in existence


I mean like take off and end up being worth $100’s of dollars per coin.

Again completely illogical because there is no mining cap but it’s done nothing but sky rocket recently and I’m not sure it’s slowing down.

If there ever is a cap put on mining then holy shite I’m buying a fleet of Tesla’s
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82125 posts
Posted on 4/15/21 at 3:27 pm to
quote:

but you could have made 1900% in dogecoin

I could have been retired now if I bought Bitcoin in 2010. Or Apple in the 90s. Or Amazon in the 2000s. Is that how you go through life? You must always be depressed.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82125 posts
Posted on 4/15/21 at 3:30 pm to
quote:

I mean like take off and end up being worth $100’s of dollars per coin.

Educate yourself on circulating supply to understand why that isn't possible. You realize the amount of money needed for that? More than the debt of the US government.
Posted by Tiger1242
Member since Jul 2011
33112 posts
Posted on 4/15/21 at 3:32 pm to
quote:

Educate yourself on circulating supply to understand why that isn't possible. You realize the amount of money needed for that? More than the debt of the US government.

Educate yourself on how to read an entire post you dunce...
Posted by ShootingsBricks4Life
Member since May 2017
2601 posts
Posted on 4/15/21 at 3:37 pm to
quote:

I was floored when cuban said he would never sell


Cuban can't sell what he doesn't own.
Posted by DVinBR
Member since Jan 2013
15397 posts
Posted on 4/15/21 at 3:38 pm to
yeah, im sad i didn't buy what amounted to drug money back in 2011 for silk road purchases, as that was the biggest use
This post was edited on 4/15/21 at 3:56 pm
Posted by 21JumpStreet
Member since Jul 2012
14873 posts
Posted on 4/15/21 at 3:38 pm to
What are the rewards for mining doge and how easy? That's my only explanation for why/how it's going so high. People are just buying on cuban/musk news and once those mining rewards catch up it will inevitably go down.

Nvm thought about it.. money is already in.
This post was edited on 4/15/21 at 4:04 pm
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82125 posts
Posted on 4/15/21 at 3:39 pm to
quote:

Educate yourself on how to read an entire post you dunce...



Your post:

quote:

I mean like take off and end up being worth $100’s of dollars per coin.

Again completely illogical because there is no mining cap but it’s done nothing but sky rocket recently and I’m not sure it’s slowing down.

If there ever is a cap put on mining then holy shite I’m buying a fleet of Tesla’s


Posted by Tiger1242
Member since Jul 2011
33112 posts
Posted on 4/15/21 at 3:42 pm to
quote:

What are the rewards for mining doge and how easy? That's my only explanation for why/how it's going so high. People are just buying on cuban/musk news and once those mining rewards catch up it will inevitably go down.


Not totally sure on the ease of mining it, I know it’s a very similar algorithm as bitcoin but I’m not really up on how that all works.

I will say that usually when Doge jumps up it’s because of social media buzz and it drops within a day. There really wasn’t any social media catalyst this time and it’s been going up for 3 days now. I think it will drop again, but even if it settles around $.10 that’s an almost 100% jump in a month and 500% jump in a year
Posted by Tiger1242
Member since Jul 2011
33112 posts
Posted on 4/15/21 at 3:46 pm to
So then you don’t have any reading comprehension skills????


quote:

Again completely illogical because there is no mining cap but it’s done nothing but sky rocket recently and I’m not sure it’s slowing down.


quote:

If there ever is a cap put on mining then holy shite I’m buying a fleet of Tesla’s
Posted by 21JumpStreet
Member since Jul 2012
14873 posts
Posted on 4/15/21 at 3:47 pm to
Cuban a day or 2 ago, musk yesterday... maybe wall street bets triggered it?
This post was edited on 4/15/21 at 3:48 pm
first pageprev pagePage 1374 of 2241Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram