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re: Official CryptoTalk Thread

Posted on 4/15/21 at 7:28 pm to
Posted by BLM
ATL
Member since Oct 2011
782 posts
Posted on 4/15/21 at 7:28 pm to
What’s happening with Doge? First time I’m checking in today.
Posted by Vood
Member since Dec 2007
8561 posts
Posted on 4/15/21 at 7:35 pm to
quote:

What’s happening with Doge? First time I’m checking in today.


Unreal. It's almost 20 cents now. Unreal. Better jump on soon.

I never really thought there would be a Doge run. Its insane, that there could be Doge coin Millionaires.
This post was edited on 4/15/21 at 7:40 pm
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82125 posts
Posted on 4/15/21 at 7:45 pm to
My post was only sarcastically joking about the people hoping Doge goes to the moon, not realizing that Doge is already well past the moon with 8500% gains in 1 year.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/15/21 at 7:48 pm to
theres some serious money flowing into doge right now, no doubt about that
Posted by tduecen
Member since Nov 2006
161246 posts
Posted on 4/15/21 at 7:51 pm to
I've always wanted to jump into DOGE but never pulled that line
Posted by BLM
ATL
Member since Oct 2011
782 posts
Posted on 4/15/21 at 7:54 pm to
I put $1k in back in January but pulled it out bc I didn’t trust it. Still don’t but may have to buy some for funsies.
Posted by James11111
Walnut Creek, Ca
Member since Jul 2020
5548 posts
Posted on 4/15/21 at 7:56 pm to
quote:

theres some serious money flowing into doge right now, no doubt about that


It's the message board crowd though. You know how that will end.
Posted by tduecen
Member since Nov 2006
161246 posts
Posted on 4/15/21 at 7:56 pm to
I looked back and I'm 12 years into crypto thanks to Wiki
Posted by James11111
Walnut Creek, Ca
Member since Jul 2020
5548 posts
Posted on 4/15/21 at 7:59 pm to
quote:

I looked back and I'm 12 years into crypto thanks to Wiki


I remember his threads and thought about investing and never pulled the trigger. Although it seemed more complicated back then.
Posted by Tiger1242
Member since Jul 2011
33112 posts
Posted on 4/15/21 at 8:11 pm to
Dogecoin is worth more than an American quarter right now

Wtf
Posted by ReauxlTide222
St. Petersburg
Member since Nov 2010
89739 posts
Posted on 4/15/21 at 8:15 pm to
quote:

I put $1k in back in January but pulled it out bc I didn’t trust it. Still don’t but may have to buy some for funsies.
That $1000 would be worth about $35,000 right this second
Posted by tduecen
Member since Nov 2006
161246 posts
Posted on 4/15/21 at 8:15 pm to
He is what pulled into BTC at 500... He'll I took a student loan out to bit BTC at 1100
Posted by tduecen
Member since Nov 2006
161246 posts
Posted on 4/15/21 at 8:17 pm to
As someone in a lot of "shotcoins" they are a bet because I've been in plenty that have lost money. DOgE could have been one of those but it may turn into a LINK or XlM.there are people in this thread that doubted both at the start when they were under 0.10 especially
Posted by James11111
Walnut Creek, Ca
Member since Jul 2020
5548 posts
Posted on 4/15/21 at 8:21 pm to
Doubtful. There are 300x more Doge coins than Link. The math doesn't add up.

Doge is already almost double the valuation of LINK, and it doesnt do anything when compared to LINK.
This post was edited on 4/15/21 at 8:24 pm
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/15/21 at 8:30 pm to
ok quick math

5.256 billion dogecoins per year, forever, get minted

so thats ~14.4 million per day going on the market, at the current price of 25 cents, it would need ~$4 million to be put into it every single day to sustain current prices

thats not impossible if the demand side holds out and doesnt sell but im not sure how many days it can go on
Posted by tduecen
Member since Nov 2006
161246 posts
Posted on 4/15/21 at 8:31 pm to
Doubtful about what? I'm saying DOGE could become a LINK or it could become another shite coin, it does have Elon behind it though
Posted by Tiger1242
Member since Jul 2011
33112 posts
Posted on 4/15/21 at 8:32 pm to
quote:

ok quick math

5.256 billion dogecoins per year, forever, get minted

so thats ~14.4 million per day going on the market, at the current price of 25 cents, it would need ~$4 million to be put into it every single day to sustain current prices

thats not impossible if the demand side holds out and doesnt sell but im not sure how many days it can go on

The totally made up “Dogecoin day” is 4/20 (because of course it is). I think that’s the day everyone will start selling, the question is how high will it rise until then
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/15/21 at 8:37 pm to
thats amazing and also the general mantra of the subreddit seems to be "do not sell until a dollar" so it will interesting to see the game theory play out if/when the price starts to dip
Posted by James11111
Walnut Creek, Ca
Member since Jul 2020
5548 posts
Posted on 4/15/21 at 8:47 pm to
quote:

thats amazing and also the general mantra of the subreddit seems to be "do not sell until a dollar" so it will interesting to see the game theory play out if/when the price starts to dip


GME was "dont sell until 1000". I think they made it to around 370.
This post was edited on 4/15/21 at 8:48 pm
Posted by Tiger1242
Member since Jul 2011
33112 posts
Posted on 4/15/21 at 8:48 pm to
For sure, there’s lots of people in that sub that claim to buy every dip and will till $1.00, we will see if they put their money where their mouth is.

I’m certainly not buying anymore, just trying to decide what my jump off point will be
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