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re: Official CryptoTalk Thread

Posted on 5/8/21 at 11:37 pm to
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 5/8/21 at 11:37 pm to
yupp.

doge went up $35B and then down $35B in just a few days time.
Posted by maclauer
Member since Nov 2011
4765 posts
Posted on 5/8/21 at 11:41 pm to
“ Bad jokes and no funny memes leading to a Doge crash absolutely makes sense to me. It’s like an earnings miss but for a new era.”

Best tweet I’ve seen on the matter
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 5/8/21 at 11:41 pm to
This post was edited on 5/8/21 at 11:43 pm
Posted by Broski
Member since Jun 2011
79542 posts
Posted on 5/8/21 at 11:53 pm to
quote:

The doge collapse



it didn't collapse.
Posted by AMS
Member since Apr 2016
6535 posts
Posted on 5/8/21 at 11:55 pm to
25% down in hours is a significant hit.
Posted by Broski
Member since Jun 2011
79542 posts
Posted on 5/8/21 at 11:56 pm to
quote:

25% down in hours is a significant hit.



It did this like 3 days ago, only to rocket up to .70.

ETA: This isn't even the lowest it has been this week.
This post was edited on 5/8/21 at 11:57 pm
Posted by Nonetheless
MAGA
Member since Jan 2012
34393 posts
Posted on 5/8/21 at 11:58 pm to
Posted by Dude20
Member since Oct 2020
570 posts
Posted on 5/8/21 at 11:58 pm to
Doge will pump again, just needs to survive tonight
Posted by AMS
Member since Apr 2016
6535 posts
Posted on 5/9/21 at 12:00 am to
quote:



It did this like 3 days ago, only to rocket up to .70.

ETA: This isn't even the lowest it has been this week.



I agree it’s no collapse but it’s still significant. Expected it to drop harder tbh
This post was edited on 5/9/21 at 12:04 am
Posted by maclauer
Member since Nov 2011
4765 posts
Posted on 5/9/21 at 12:03 am to
quote:

Doge will pump again, just needs to survive tonight


Agreed. Still think $1 is programmed.

But turning doge maxi caricature off
Posted by FahQue
Member since Jul 2020
434 posts
Posted on 5/9/21 at 12:25 am to
Robinhood and Citadel can't collude with the SEC to save one of their 'club' members at the expense of minions. The reddit apes will get it to $1
Posted by castorinho
13623 posts
Member since Nov 2010
87027 posts
Posted on 5/9/21 at 12:30 am to
looks like the money is flowing to eth
Posted by hg
Member since Jun 2009
127998 posts
Posted on 5/9/21 at 12:46 am to
Tempted to dump Doge for it
Posted by finchmeister08
Member since Mar 2011
39886 posts
Posted on 5/9/21 at 2:25 am to
You should’ve done that yesterday like we told you to do.

ETA: not sure if you saw my response or not. But BTC and ETH are pretty much your “safest” long term investments.

Yesterday’s response...

Bitcoin = Gold
Ethereum = Silver
???? = Bronze
This post was edited on 5/9/21 at 2:31 am
Posted by tigersfan1989
Baton Rouge
Member since Oct 2018
1265 posts
Posted on 5/9/21 at 6:52 am to
Robinhood had another “glitch” last night during the dogecoin decline. I’m not putting my money in any of this. Clearly robinhood is there to protect big money to ensure they get out before big dips. It was shown in the GME days and here it is again in dogecoin. SEC is not going to protect you from them bc they don’t want crypto in the first place. Robinhood funnels all their trades through Citadel so guess who gets to see all the moves before it happens. The real joke on SNL last night is all the money the big players made on doge and are laughing to the bank
This post was edited on 5/9/21 at 7:01 am
Posted by Powerman
Member since Jan 2004
171363 posts
Posted on 5/9/21 at 7:40 am to
quote:

Dogecoin will collapse. It was pretty much called a scam, which we all knew.


One wallet holds about 1/3 of all Doge

Elon even mentioned the high concentration among a handful of wallets to be concerning. If these guys dump and take their profits the whole thing collapses.
Posted by Tiger1242
Member since Jul 2011
33112 posts
Posted on 5/9/21 at 7:59 am to
quote:


One wallet holds about 1/3 of all Doge

It’s Robinhood. Yes they’re shady as hell but the reason they own it is because of the way their business works. All those people who “buy” Doge on Robinhood don’t actually own the coins, Robinhood does.


Anyway I’m actually pretty happy with last night. The most massive sell off in the history of the coin and it’s still worth more than $.40, if this is the new floor sign me up, that means the next pump and dump cycle will push it even higher.

Every time this happens the floor gets raised, first it was $0.05, then it was $.12, then it was about $.27, now it looks like it’ll be about $.40

The only thing I wish I was smarter about is pumping more $$$ into it and dumping that for profit like so many, but then I guess I’m also creating more taxable events like that
Posted by Powerman
Member since Jan 2004
171363 posts
Posted on 5/9/21 at 8:03 am to
quote:


It’s Robinhood. Yes they’re shady as hell but the reason they own it is because of the way their business works. All those people who “buy” Doge on Robinhood don’t actually own the coins, Robinhood does.

So it's not an individual holding the largest amount then

The article I read said that this wallet started buying up DOGE in 2019. I'm guessing that's when it was introduced on the RH platform?
Posted by oVo
Member since Dec 2013
11983 posts
Posted on 5/9/21 at 9:05 am to
Robinhood is arse hoe!
Posted by Chingon Ag
Member since Nov 2018
4007 posts
Posted on 5/9/21 at 9:36 am to
ADA with some nice gains.
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