Bitcoin Thread

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You completely missed the point of my post. I have yet to meet anyone who makes a monetary argument for Doge.

I suggest we move on so as not to derail the rest of the thread, with everyone repeating what we all know about Doge.

The condescension and patronising posts on this last page or two is hilarious. Doge is laughing it's head off at these self appointed Wolves of Wall Street.
 
The condescension and patronising posts on this last page or two is hilarious. Doge is laughing it's head off at these self appointed Wolves of Wall Street.
haha as I said I was here the last time this happened and im seeing it happen all again on a much larger scale. Tag this comment for 6 month (i want to say a month) and we will see how it all played out.

I have no issues with people making a quick buck on this at all -do that myself, im just talking about the damage that will follow.

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haha as I said I was here the last time this happened and im seeing it happen all again on a much larger scale. Tag this comment for 6 month (i want to say a month) and we will see how it all played out.

I have no issues with people making a quick buck on this at all -do that myself, im just talking about the damage that will follow.

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Of course, it's gambling and there is a risk aspect to all gambling. Betting on a horse is no different to betting on the movements of crypto currency after all. As said many times, don't gamble with what you can't afford to lose.
 
Doge is good for a quick buck. Anyone proposing it has long-term investment value is making that quick buck off you.
 
Doge is good for a quick buck. Anyone proposing it has long-term investment value is making that quick buck off you.

For you perhaps, but my Doge investment has been long term. But as with all crypto, where does the money come from if not from someone else? I really don't get the attitudes towards it, acting like making a buck on something else is noble but Doge is somehow for noobs and charlatans. Maybe it because you never got onboard back when? Because if you are not in crypto to make a buck, quick or other wise, wtf are you doing?
 
For you perhaps, but my Doge investment has been long term. But as with all crypto, where does the money come from if not from someone else? I really don't get the attitudes towards it, acting like making a buck on something else is noble but Doge is somehow for noobs and charlatans. Maybe it because you never got onboard back when? Because if you are not in crypto to make a buck, quick or other wise, wtf are you doing?
FWIW, I never said Doge was for noobs. Anything that makes you money is cool in my book.

Also, a 'quick buck' doesn't imply a once-off event. I have been making a 'quick buck' several times with Doge the last few weeks.

I've been through the 2017 bull market and the ensuing bear market. Call it bear market PTSD, but my attitude toward crypto is to dance while the music plays but to be ready at any time to get out.

One can make long-term investment arguments for a lot of other crypto currencies. Doge is just not one of them, in my opinion. Sure, if you got in early, you're in good profit today. But the rise is not due to fundamentals or utility; it's just 2021 being 2021.
 
Doge is holding up a mirror to the crypto space, and they don't like it. It's essentially the same as all others, but the only one that's in on the joke. It's slowly showing people that it's all just a giant joke and pump and dump.

All sorts of arguments and BS for the others, but in the end it's all just worthless tokens.

At least doge has the guts to admit it, and that might actually make it the dominant crypto.
 
At least doge has the guts to admit it, and that might actually make it the dominant crypto.

LOL , too many new FOMO'ers commenting on things that they do not understand but it is amusing at least.

As soon as we hit the next bear market DOGE will lose 95% of its value yet again just like with the previous 2 times this exact same scenario played out. But I guess if we never enter a crypto winter/bear market then it has the potential of going up indefinitely in the land of crazies.
 
As soon as we hit the next bear market DOGE will lose 95% of its value yet again just like with the previous 2 times this exact same scenario played out.
So the exact same as all other cryptos then? Kind of my point.
 
So the exact same as all other cryptos then? Kind of my point.

No, only absolute shtcoins got wrecked 95%+ during super bear cycles and DOGE is among those.

BTC and a few others saw 50% or less correction. Any coin can pump by random insane % for a long period of time but looking at how coins perform during bear markets makes it extreme obvious which are just there to pump and dump and which exist with some or a lot of utility value.

You made no point at all other than lumping all coins into the same bracket as DOGE which is absurd and hard to take you serious if that is what you really believe.
 
Hahaha, the arrogance of your assumptions is truly astounding :rolleyes:

Not assumptions. Based on your comments there is no way you have been in this space for long or to any serious effect. Anyone even borderline competent in this space would not associated DOGE to anything other than a hype cycle for shtcoins but if it works for you keep at it.
 
You made no point at all other than lumping all coins into the same bracket as DOGE which is absurd and hard to take you serious if that is what you really believe.
Just because you claim it's absurd doesn't make it so. Cryptos are good for trading, as the volatility super charges the speed at which you can play out your strategy. They are also good for money laundering. But beyond that they are worthless.

But blockchain technology!: You don't need a token of any value to have a blockchain.
But it's scarce and expensive to produce: So are my turds.
You can send money: So can banks, and for cheaper.
Store of value!: Uhm. no.
 
Not assumptions. Based on your comments there is no way you have been in this space for long or to any serious effect. Anyone even borderline competent in this space would not associated DOGE to anything other than a hype cycle for shtcoins but if it works for you keep at it.

Oh I don't know, I've got a few things tucked away. But then I don't think I'm Gordon Gekko like you obviously do, so I just buy a little here and there now and again, stick 'em in my wallet and forget about them. Seems to work for me and my wee portfolio is pretty healthy, trust me (especially the Doge I bought at below 1c, that's insane). So I guess I'm just not clever enough (or stupid enough) to gamble on the volatility of the market just like I don't feel the need to bet my shirt on a horse on the 3.15. I leave that to you experts ;)
 
Just because you claim it's absurd doesn't make it so. Cryptos are good for trading, as the volatility super charges the speed at which you can play out your strategy. They are also good for money laundering. But beyond that they are worthless.

But blockchain technology!: You don't need a token of any value to have a blockchain.
But it's scarce and expensive to produce: So are my turds.
You can send money: So can banks, and for cheaper.
Store of value!: Uhm. no.
Lol...
 
Well its a bit like a ponzi scheme...if you get in early and get out on time then the gains & cash is very real

Big time. What is funny is people thinking that they wear braces and stripey shirts, and trying to tell us that one token is more noble than another.
 
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