Please explain Dogecoin

**louisvillekid** · 05-05-21, 02:25 PM

Originally posted by Brock Landers

.68 cents and climbing

Today alone you could have made a hefty profit

Wow! I should've kept paying attention to it. I thought after it broke .41 and came crashing back down, that the novelty was over.

I scalped a little when it dropped to around .30 and then jumped out at .345
And then scalped again when it was around .35 and dumped at .395 - but that trade actually took about 2-3 weeks because it went lower than I bought in at, and had to sit and wait for it just to get back to .35 and then gradually go higher.

**packerd_00** · 05-05-21, 02:30 PM

Funny I was talking to my dad yesterday about Dogecoin, were looking at getting in on it together.

Still pretty new to Cryptocurrency but learning as much as I can.

**Eddy Munny** · 05-05-21, 02:33 PM

Originally posted by louisvillekid

Wow! I should've kept paying attention to it. I thought after it broke .41 and came crashing back down, that the novelty was over.

I scalped a little when it dropped to around .30 and then jumped out at .345
And then scalped again when it was around .35 and dumped at .395 - but that trade actually took about 2-3 weeks because it went lower than I bought in at, and had to sit and wait for it just to get back to .35 and then gradually go higher.

**slayer14** · 05-05-21, 02:41 PM

It's got a cool logo

**dlowilly** · 05-05-21, 02:48 PM

More can be produced indefinitely

Basically goes against one of the biggest benefits of other crytpo, protection against fiat currency hyperinflation

**King Mayan** · 05-05-21, 02:56 PM

All coins are jokes. This just proves it.

**asiagambler** · 05-05-21, 04:07 PM

$1 seems almost certain at this point. Many will short it on Saturday however

**icon** · 05-05-21, 04:20 PM

Originally posted by asiagambler

$1 seems almost certain at this point. Many will short it on Saturday however

Whos going to be left holding the bag? It just cant end well for dogecoin gamblers. Doge is useless and there is an infinite supply. Reality gonna come back eventually. Congrats to those that crushed it and my condolences to those that get killed.

**themike78** · 05-05-21, 04:37 PM

All cryptocurrency is useless and it will all be worth zero in 2 years.

**pavyracer** · 05-05-21, 04:39 PM

Cash is the king. You go try to pick up a chick at the bar with Dogecoin and see what happens. You will end up going home with a man.

**Eddy Munny** · 05-05-21, 05:00 PM

Originally posted by themike78

All cryptocurrency is useless and it will all be worth zero in 2 years.

OK Boomer

**icon** · 05-05-21, 05:10 PM

"Combined with the long-standing reality that one single address holds 28% of all dogecoins in existence, while just 12 account for 67%, it becomes clear that dogecoin isn’t exactly the people’s champion that interested parties would have the public believe."

**Mac4Lyfe** · 05-05-21, 05:26 PM

I bought a shitload of doge back in 2016. A shitload along with all the top 20 coins of the day. I gave my nieces and nephews $100 each at Christmas back then. You can do the math. I told them to not even look at it for at least 10 years. I haven't even looked at mine. I've been tempted though.

**Goat Milk** · 05-05-21, 05:28 PM

Originally posted by Mac4Lyfe

I bought a shitload of doge back in 2016. A shitload along with all the top 20 coins of the day. I gave my nieces and nephews $100 each at Christmas back then. You can do the math. I told them to not even look at it for at least 10 years. I haven't even looked at mine. I've been tempted though.

Why didn't you tell us bro. Everything I bet on stocks turns to shit. Even listening to ppl on the stock thread in here. Loses on everything. Might as well gamble NBA honestly.

**Eddy Munny** · 05-05-21, 05:34 PM

Originally posted by Goat Milk

Why didn't you tell us bro. Everything I bet on stocks turns to shit. Even listening to ppl on the stock thread in here. Loses on everything. Might as well gamble NBA honestly.

Stock tip: Lay the points and take the Celtics tonight. No way they come out flat in this spot. Magic gonna get routed.

**jjgold** · 05-05-21, 05:44 PM

It will go to zero

**pablo222** · 05-05-21, 05:46 PM

Originally posted by Eddy Munny

Stock tip: Lay the points and take the Celtics tonight. No way they come out flat in this spot. Magic gonna get routed.

Sounds good.
I will put 47 doge coins on it.

**Booya711** · 05-05-21, 06:11 PM

Funny all these clowns that didn’t buy in hating on it....I’m clearing 25K from a $500 investment in 4 months...

**navyblue81** · 05-05-21, 06:11 PM

Looks like Doge surging again. Seems like the time to buy is after 6. Asians love buying it when they wake up.

**navyblue81** · 05-05-21, 06:13 PM

Originally posted by Mac4Lyfe

I bought a shitload of doge back in 2016. A shitload along with all the top 20 coins of the day. I gave my nieces and nephews $100 each at Christmas back then. You can do the math. I told them to not even look at it for at least 10 years. I haven't even looked at mine. I've been tempted though.

So whatâ€™s the next Doge? What crypto or stock is at 1 cent thats worth buying?

**dlowilly** · 05-05-21, 06:30 PM

Originally posted by icon

"Combined with the long-standing reality that one single address holds 28% of all dogecoins in existence, while just 12 account for 67%, it becomes clear that dogecoin isn’t exactly the people’s champion that interested parties would have the public believe."

Source? That's some pretty crucial info there.

**pablo222** · 05-05-21, 06:51 PM

Originally posted by Booya711

Funny all these clowns that didn’t buy in hating on it....I’m clearing 25K from a $500 investment in 4 months...

Will you sell at 1 dollar?

**BuckyOne** · 05-05-21, 07:11 PM

Originally posted by MrSink

ok , 30 posts in and I can already say noone , not a single messege was about purpose of the coin , and why it has any value ? and question was very direct from otters . why it has any value ?

Let's not forget "no regulation". Anonymity has not really been tested by IRS, courts, ex wives, etc.

But, my call is that it is an opportunity for everybody to hide money, evade taxes, use it for criminal or illicit purposes!

As long as it rolls along there are more and more people taking a chance. But, let's say the IRS cracks it and goes after everybody that should have reported income???? Wife suing for divorce / duh , the MF was bragging to his friends he had 50 bitcoins in his Coin Base wallet. Let's subpoena his Coin Base records?

Crooks will eventually crack it / the originators themself might get caught at being crooked / DOJ will freeze their nuts (I mean coins) off.

Then there will be a major crash!

**Eddy Munny** · 05-05-21, 08:19 PM

Originally posted by Eddy Munny

Stock tip: Lay the points and take the Celtics tonight. No way they come out flat in this spot. Magic gonna get routed.

Look at me planting this Easter egg gem in plain sight for all to profit... Easy money!

Time to dance!

**jjgold** · 05-05-21, 08:20 PM

Many think dodge folding in under a month

Itâ€™s just a penny stock itâ€™s not ether or bitcoin never ever forget this

It has zero use

**Bostongambler** · 05-05-21, 08:24 PM

Canâ€™t explain crypto in this limited space.

Good luck with your future wagers

**navyblue81** · 05-05-21, 08:33 PM

Iâ€™ll prolly pull out at $1 and put my profits in Ethereum. I think thatâ€™s the crypto with best potential and safety. Itâ€™s 3k now with 50k potential in 3-4 years.

**pilebuck13** · 05-05-21, 08:39 PM

Itâ€™s pretty simple you have people with lots of money and are famous pumping a coin online social media and waiting for the moment to sell and make a profit not that hard to figure out

**Otters27** · 05-05-21, 08:55 PM

Originally posted by navyblue81

I’ll prolly pull out at $1 and put my profits in Ethereum. I think that’s the crypto with best potential and safety. It’s 3k now with 50k potential in 3-4 years.

Ya. That's what I'm. Thinking exactly

**dlowilly** · 05-05-21, 09:03 PM

Is it possible Dogecoin supply could stop and become a finite supply?

**WireWire** · 05-05-21, 10:06 PM

Just bought 10 shares of NEO today think that has HUGE potential long term.

**WireWire** · 05-05-21, 10:07 PM

Originally posted by jjgold

Could go to 500

**WireWire** · 05-05-21, 10:08 PM

Wonder how many people no that 50% of all doge coins in circulation now are owned by 2 wallets?

**WireWire** · 05-05-21, 10:19 PM

Originally posted by navyblue81

If it’s garbage why is MLB now accepting it and word is other sports leagues will soon too?

Someone invested a lot in Doge that's pretty clear.

**WireWire** · 05-05-21, 10:26 PM

Most of these people are so clueless, just blurting out random shit they here, Doge will be LUCKY to get passed a dollar, its not going anywhere if you didn't buy into it already save your money from doing it now, resistant will be a bitch around .98 cents cause most of the people holding this coin are people who are clueless newbs and will sell off before it hits $1.00. Congrats to those who have made money off it from buying in earlier but this isnt wroth putting big boy money into now, you wanna mess around and put $100 into it now sure go ahead, but investing any real amount of money into this now at its current price dont.