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Dogecoin. #7244986
04/16/21 07:17 PM
04/16/21 07:17 PM
Joined: Apr 2011
Posts: 2,420
SE SD
D
DWC Offline OP
trapper
DWC  Offline OP
trapper
D

Joined: Apr 2011
Posts: 2,420
SE SD
Is this crazy run gonna continue? Or is this all hype??? I own a few shares, not much at all. Had about 30 bucks left in a Robinhood acct one time i bought some when it was about 6 cents. O to have thrown 10k at it.

Re: Dogecoin. [Re: DWC] #7244993
04/16/21 07:31 PM
04/16/21 07:31 PM
Joined: Jul 2019
Posts: 43
Oklahoma
J
justjosh Offline
trapper
justjosh  Offline
trapper
J

Joined: Jul 2019
Posts: 43
Oklahoma
Put couple hundred in last weekend. Up 400% today. Sold enough to cover what I put in so playing with free money now. Still trying to figure the exit, probably just let it ride and see what happens

Re: Dogecoin. [Re: DWC] #7245000
04/16/21 07:41 PM
04/16/21 07:41 PM
Joined: Jul 2013
Posts: 11,774
Amite county Mississippi
Wolfdog91 Offline
trapper
Wolfdog91  Offline
trapper

Joined: Jul 2013
Posts: 11,774
Amite county Mississippi
I I'm remembering correctly the guy who made it did it as a joke originally and it was basically worthless then it slowy gained popularity

Re: Dogecoin. [Re: DWC] #7245013
04/16/21 07:55 PM
04/16/21 07:55 PM
Joined: Jan 2014
Posts: 17,693
Central Oregon
AntiGov Offline
trapper
AntiGov  Offline
trapper

Joined: Jan 2014
Posts: 17,693
Central Oregon
It'll all come crashing down if I buy in


Report a post club - Non member


Re: Dogecoin. [Re: AntiGov] #7245029
04/16/21 08:18 PM
04/16/21 08:18 PM
Joined: Aug 2016
Posts: 434
PA
Squaretimber Offline
trapper
Squaretimber  Offline
trapper

Joined: Aug 2016
Posts: 434
PA
right there with ya

Re: Dogecoin. [Re: DWC] #7245385
04/17/21 10:53 AM
04/17/21 10:53 AM
Joined: Jul 2012
Posts: 2,619
Nebraska
WadeRyan Offline
trapper
WadeRyan  Offline
trapper

Joined: Jul 2012
Posts: 2,619
Nebraska
As Wolfdog pointed out it's essentially worthless. It's great people are making money on it but it won't last. I took the profits and moved them over. Put them in something that has long term value like Ethereum, Lightcoin, or the dreaded Bitcash.


Follow me on YouTube if you’re bored

https://www.youtube.com/channel/UC5Ulx1woYMmCN3IPLB0wwFw


Re: Dogecoin. [Re: DWC] #7245858
04/17/21 11:17 PM
04/17/21 11:17 PM
Joined: Jan 2014
Posts: 7,630
Virginia
5
52Carl Offline
trapper
52Carl  Offline
trapper
5

Joined: Jan 2014
Posts: 7,630
Virginia
What is the dollar based on? Imagination.
What is bitcoin based on? Imagination.
Same for completely made up dogecoin.
I am going to create and offer up dogturdcoin. I bet it will sell.
This world is absolutely upside down.

Re: Dogecoin. [Re: 52Carl] #7245860
04/17/21 11:18 PM
04/17/21 11:18 PM
Joined: Dec 2013
Posts: 256
Montana
J
Jackdale Offline
trapper
Jackdale  Offline
trapper
J

Joined: Dec 2013
Posts: 256
Montana
Originally Posted by 52Carl
What is the dollar based on? Imagination.
What is bitcoin based on? Imagination.
Same for completely made up dogecoin.
I am going to create and offer up dogturdcoin. I bet it will sell.
This world is absolutely upside down.


Haha I agree

Re: Dogecoin. [Re: DWC] #7245866
04/17/21 11:38 PM
04/17/21 11:38 PM
Joined: Aug 2011
Posts: 1,187
IA, WI, ND, IL
M
martyd Offline
trapper
martyd  Offline
trapper
M

Joined: Aug 2011
Posts: 1,187
IA, WI, ND, IL
The next Beanie Baby ‘s That’s all it is. Just cotton stuffing. MD

Re: Dogecoin. [Re: DWC] #7245869
04/17/21 11:46 PM
04/17/21 11:46 PM
Joined: Dec 2007
Posts: 5,514
juneau, alaska
A
alaska viking Offline
"Made it two years not being censored"
alaska viking  Offline
"Made it two years not being censored"
A

Joined: Dec 2007
Posts: 5,514
juneau, alaska
Well, "they" made millions selling "Pet Rocks".


Made it almost 3 years without censor!

Re: Dogecoin. [Re: DWC] #7245878
04/18/21 12:40 AM
04/18/21 12:40 AM
Joined: Jan 2008
Posts: 9,153
Alaska and Washington State
W
waggler Offline
trapper
waggler  Offline
trapper
W

Joined: Jan 2008
Posts: 9,153
Alaska and Washington State
Have you ever heard of the "Tulip mania of 1637?
I really don't see much difference.
https://en.wikipedia.org/wiki/Tulip_mania


"My life is better than your vacation"
Re: Dogecoin. [Re: DWC] #7245880
04/18/21 12:51 AM
04/18/21 12:51 AM
Joined: Dec 2010
Posts: 188
Southeast, Alaska
S
SE.Current Offline
trapper
SE.Current  Offline
trapper
S

Joined: Dec 2010
Posts: 188
Southeast, Alaska
Made more on doge in 6 weeks than I have in 18 months of my day job as an electrician. Took my winnings and reinvested it in guns,ammo,silver and uranium stock. I know it’s a joke coin but the $$ was very real. Safemoon has been exciting to own as well, bought in when it was 2 weeks old now I’m up 900%... I’ll laugh all the way to the bank

Re: Dogecoin. [Re: SE.Current] #7245964
04/18/21 08:29 AM
04/18/21 08:29 AM
Joined: Dec 2018
Posts: 5,214
Crivitz WI
Sprung & Rusty Offline
trapper
Sprung & Rusty  Offline
trapper

Joined: Dec 2018
Posts: 5,214
Crivitz WI
Originally Posted by SE.Current
Made more on doge in 6 weeks than I have in 18 months of my day job as an electrician. Took my winnings and reinvested it in guns,ammo,silver and uranium stock. I know it’s a joke coin but the $$ was very real. Safemoon has been exciting to own as well, bought in when it was 2 weeks old now I’m up 900%... I’ll laugh all the way to the bank

You should take it to the casino and try and double it now. LOL.


No Jab.
Re: Dogecoin. [Re: DWC] #7246051
04/18/21 11:09 AM
04/18/21 11:09 AM
Joined: Dec 2015
Posts: 6,323
se South Dakota
NonPCfed Offline
trapper
NonPCfed  Offline
trapper

Joined: Dec 2015
Posts: 6,323
se South Dakota
I'm glad some people have been able to acquire some real assets by playing with such crypto currencies. I'm too slow to do so. That's fine.

A bottom line question though is what is this run/desire with cryto currencies trying to fix in people's idea of an economic system? Is there the underlying fear that government fiat currency is basically rotten and will collapse and people will actually transition to such ways of buying things and acquiring "wealth"? OR do people just want to ignore government fiat currency because global governments (at least the big ones that count) huge amounts of control or at least perceived control...? The big governments of the world have allowed cypto cuurencies to exist to they must serve some function, perhaps mostly in the future. One be a way to shuck all the collective government debt if cypto currencies become a major factor in how people buy, sell, and accumulate "currency" and a cypto currency roll over is "clean" of the structural debt. Another reason may be more Biblical, as in found in Revelation...


"And God said, Let us make man in our image �and let them have dominion �and all the creatures that move along the ground".
Genesis 1:26
Re: Dogecoin. [Re: DWC] #7246056
04/18/21 11:15 AM
04/18/21 11:15 AM
Joined: Jul 2012
Posts: 2,619
Nebraska
WadeRyan Offline
trapper
WadeRyan  Offline
trapper

Joined: Jul 2012
Posts: 2,619
Nebraska
NonPCfed I believe the crypto definitely has some strong points on a number of fronts in the current climate of the US. If the dollar does indeed collapse the crypto currency is definitely an alternative. I'm surprised more trappers on this site don't back it as they generally do not like government control and so far crypto seems to be out of the central bank's grasps.

If anyone doesn't think that crypto could take over the current banking system there were nearly 30,000 bitcoin ATM's in the US alone at the start of this year. Businesses are beginning to use it as a form of currency. The writing is on the wall.

That being said I've got plenty invested in the stock market, land, physical metals, etc. I won't put all my eggs in one basket but there's money to be made right now no matter how you look at it. I actually just got in on a dip this morning on MATIC. It should be a good buy up to $0.50 I got in when it dipped this morning to $0.33. It's up over 2000% in the last year. You're not going to make that kind of money letting your money sit in a jar in the yard or even in a central bank. That should make them nervous.


Follow me on YouTube if you’re bored

https://www.youtube.com/channel/UC5Ulx1woYMmCN3IPLB0wwFw


Re: Dogecoin. [Re: DWC] #7246059
04/18/21 11:19 AM
04/18/21 11:19 AM
Joined: Dec 2018
Posts: 5,214
Crivitz WI
Sprung & Rusty Offline
trapper
Sprung & Rusty  Offline
trapper

Joined: Dec 2018
Posts: 5,214
Crivitz WI
I think it's to new and people don't trust it yet.


No Jab.
Re: Dogecoin. [Re: DWC] #7246070
04/18/21 11:38 AM
04/18/21 11:38 AM
Joined: Jul 2016
Posts: 296
NE Wisconsin
DecoyMacoy Offline
trapper
DecoyMacoy  Offline
trapper

Joined: Jul 2016
Posts: 296
NE Wisconsin
DOGE is a great way to separate (would-be) Bitcoin from noobs. It has been pumped/dumped many times, granted not to this scale. This may not be evident when you price in USD but clear when priced in Bitcoin, see chart. Some will get lucky, many will be left bag holding. If you want exposure to this space find a reputable Bitcoin only exchange like River.com, Swan Bitcoin or CashApp and start accumulating.

[Linked Image]

Re: Dogecoin. [Re: DWC] #7246081
04/18/21 11:55 AM
04/18/21 11:55 AM
Joined: Jan 2018
Posts: 4,527
MN
D
Donnersurvivor Offline
trapper
Donnersurvivor  Offline
trapper
D

Joined: Jan 2018
Posts: 4,527
MN
This doge run along with china relasing a digital currency is going to hurt the real cryptos imo. Bitcoin is coming back down a good ways this week I think

Re: Dogecoin. [Re: Donnersurvivor] #7246099
04/18/21 12:13 PM
04/18/21 12:13 PM
Joined: Jul 2016
Posts: 296
NE Wisconsin
DecoyMacoy Offline
trapper
DecoyMacoy  Offline
trapper

Joined: Jul 2016
Posts: 296
NE Wisconsin
Originally Posted by Donnersurvivor
This doge run along with china relasing a digital currency is going to hurt the real cryptos imo. Bitcoin is coming back down a good ways this week I think


Central Bank Digital Currencies (CBDC's) will only create more demand for a free and open network like Bitcoin. Think of CBDC's as a digital wallet holding "your" money like an app. Central banks will have full control over "your" wallet. They will be able to easily inject your UBI (stimulus), have full control over who you spend your money with and easily be able to add negative interest rates or a time limit on "your" money to punish savers and stimulate they economy how they see fit. CDBC's are an authoritarians dream come true.

Re: Dogecoin. [Re: DWC] #7246128
04/18/21 01:35 PM
04/18/21 01:35 PM
Joined: Dec 2015
Posts: 6,323
se South Dakota
NonPCfed Offline
trapper
NonPCfed  Offline
trapper

Joined: Dec 2015
Posts: 6,323
se South Dakota
Yeah, I guess I'm pessimistic that big governments are just going to let private cypto currency play all by themselves as a preferred way of doing commerce. So, they must be "tests" to see how people fully move to digital "money". Maybe Decoy/Macoy has it right. The big governments are seeing how the private ones work and then will make the private ones "offers they can't refuse ala Godfather style and use mostly their oiwn. Bitcoin and the others can't shut down the internet if they wanted, the big governments certainly can or at least make it a lot harder to use. Decoy/Macoy's discussion of CBDCs again reminds me of certain passages in Revelation. Take it or leave it...


"And God said, Let us make man in our image �and let them have dominion �and all the creatures that move along the ground".
Genesis 1:26
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