February 7, 20214 yr 22 minutes ago, Ace Nova said: Yeah, something tells me his tweets are going to start losing impact eventually.
February 7, 20214 yr On 10/23/2020 at 12:56 PM, Aspiritfall said: I now own 11111 dogecoins and now to play the waiting game I did not play the waiting game 😒 Spent 29 bucks would have made like 6 or 7 hundred by now
February 7, 20214 yr 2 hours ago, Aspiritfall said: I did not play the waiting game 😒 Spent 29 bucks would have made like 6 or 7 hundred by now Why would you cash out 29 bucks? That's not even a night out.
February 7, 20214 yr 22 minutes ago, Paul852 said: Why would you cash out 29 bucks? That's not even a night out. Bro what if it crashed
February 7, 20214 yr 5 hours ago, Paul852 said: Yeah, something tells me his tweets are going to start losing impact eventually. Gene Simmons is in big on it...and Snoop Dog just changed his name to Snoop Doge Publicity like this would cost in the 10's of millions. If this somehow becomes the "in" Crypto in Hollywood and the music scene, watch out.
February 7, 20214 yr 6 minutes ago, Ace Nova said: Gene Simmons is in big on it...and Snoop Dog just changed his name to Snoop Doge Publicity like this would cost in the 10's of millions. If this somehow becomes the "in" Crypto in Hollywood and the music scene, watch out. Back up to 8 cents!
February 7, 20214 yr 14 minutes ago, RPeeteRules said: Back up to 8 cents! It's about to hit 9 cents! If anyone pulled the trigger on Doge when I posted it this morning at 6 cents, you should be happy campers. It's about to hit 9 cents with over 50% gains for the day.
February 7, 20214 yr 10 minutes ago, Ace Nova said: It's about to hit 9 cents! If anyone pulled the trigger on Doge when I posted it this morning at 6 cents, you should be happy campers. It's about to hit 9 cents with over 50% gains for the day. I’m slightly annoyed at how long it took the RH app to verify everything. I think I started on a Wednesday to setup an account, took about a week. Ended up buying at 3.7 cents instead of like 1.5 cents. Its fun and I didn’t put much money in, so it’s just fun to see where it goes. Will probably cash much of it out if it gets to 10 cents. I expect it to get back down to the 3-5 cents later this week.
February 7, 20214 yr 19 minutes ago, RPeeteRules said: I’m slightly annoyed at how long it took the RH app to verify everything. I think I started on a Wednesday to setup an account, took about a week. Ended up buying at 3.7 cents instead of like 1.5 cents. Its fun and I didn’t put much money in, so it’s just fun to see where it goes. Will probably cash much of it out if it gets to 10 cents. I expect it to get back down to the 3-5 cents later this week. I think if it dips the new "floor" will be between 5 and 6 cents imo. There's too many "big players" in it "long" for it to have a severe crash....but you never know so tread lightly, imo.
February 7, 20214 yr Musk needs to go away with crypto. Either be in on legit coins with futures or go troll GME more.
February 8, 20214 yr Author I'm disappointed with Musk. He still likes Bitcoin and I understand he's just having fun and likes to troll, but I really thought he was turning the corner and would be a more outspoken advocate about Bitcoin
February 8, 20214 yr 18 minutes ago, mattmcginley7 said: I'm disappointed with Musk. He still likes Bitcoin and I understand he's just having fun and likes to troll, but I really thought he was turning the corner and would be a more outspoken advocate about Bitcoin I don't think Musk "thinks" that way. If anything, this could be a movement to show the world that crypto currency's true value (regardless of "quality" of the coin) is based on people's "confidence" not much of anything else. It doesn't matter that other coins run at faster speeds or have limited production. It's almost a "counter movement" to the crypto movement. And just like Musk said, wouldn't it be ironic if the coin that was created to "poke fun" at crypto currency eventually took it over? If anything, it should be an "eye opener" to most showing that "you never know" what the future holds when it comes to this stuff. Everyone keeps comparing Bitcoin to "gold" but nothing could be further from the truth. If there was ever a massive world wide crash, Bitcoin would be among the first to crash while the price of gold would likely go up.
February 8, 20214 yr Author 7 minutes ago, Ace Nova said: I don't think Musk "thinks" that way. If anything, this could be a movement to show the world that crypto currency's true value (regardless of "quality" of the coin) is based on people's "confidence" not much of anything else. It doesn't matter that other coins run at faster speeds or have limited production. It's almost a "counter movement" to the crypto movement. And just like Musk said, wouldn't it be ironic if the coin that was created to "poke fun" at crypto currency eventually took it over? If anything, it should be an "eye opener" to most showing that "you never know" what the future holds when it comes to this stuff. Everyone keeps comparing Bitcoin to "gold" but nothing could be further from the truth. If there was ever a massive world wide crash, Bitcoin would be among the first to crash while the price of gold would likely go up. None of that is even close to accurate
February 8, 20214 yr 2 minutes ago, mattmcginley7 said: None of that is even close to accurate If you say so. I'm not going to come into a "Bitcoin" thread where people have invested heavily in it and be a "naysayer". Bitcoin has performed well and seems to be holding up so I'll leave it at that.
February 8, 20214 yr Author 14 minutes ago, Ace Nova said: If you say so. I'm not going to come into a "Bitcoin" thread where people have invested heavily in it and be a "naysayer". Bitcoin has performed well and seems to be holding up so I'll leave it at that. Elon said last week that he's a supporter of Bitcoin and is about to get mainstream acceptance. And your take on Bitcoin vs gold is straight up nonsense
February 8, 20214 yr 27 minutes ago, Ace Nova said: I don't think Musk "thinks" that way. If anything, this could be a movement to show the world that crypto currency's true value (regardless of "quality" of the coin) is based on people's "confidence" not much of anything else. It doesn't matter that other coins run at faster speeds or have limited production. It's almost a "counter movement" to the crypto movement. And just like Musk said, wouldn't it be ironic if the coin that was created to "poke fun" at crypto currency eventually took it over? If anything, it should be an "eye opener" to most showing that "you never know" what the future holds when it comes to this stuff. Everyone keeps comparing Bitcoin to "gold" but nothing could be further from the truth. If there was ever a massive world wide crash, Bitcoin would be among the first to crash while the price of gold would likely go up. I don't disagree but not Doge. They literally produce 14 million coins a day off the blockchain so the value will be basically the same for infinity
February 8, 20214 yr 47 minutes ago, mattmcginley7 said: Elon said last week that he's a supporter of Bitcoin and is about to get mainstream acceptance. And your take on Bitcoin vs gold is straight up nonsense And shortly after he came out with the "fate seems to like irony" comments and has been running with Doge because it's inexpensive and "it's the funnest crypto". As far as Bitcoin vs gold, it's one thing to have confidence that Bitcoin will perform well and is a solid investment for the time being and foreseeable future....but beware if you assume it will outlast/hurt gold. If Bitcoin ever became a serious threat to a nation like China, with strong gold reserves (whether it be because of black market transactions or other economic implications, they could immediately put a full ban on it (not just through their banks as it is now) and influence nations that traded with them to severely restrict it. And if a dozen other countries followed suit, then what? Or if free market countries like the U.S. and their allies felt that Bitcoin was a threat, they could simply buy all (or most of it) Then what?
February 8, 20214 yr Author 5 minutes ago, Ace Nova said: And shortly after he came out with the "fate seems to like irony" comments and has been running with Doge because it's inexpensive and "it's the funnest crypto". As far as Bitcoin vs gold, it's one thing to have confidence that Bitcoin will perform well and is a solid investment for the time being and foreseeable future....but beware if you assume it will outlast/hurt gold. If Bitcoin ever became a serious threat to a nation like China, with strong gold reserves (whether it be because of black market transactions or other economic implications, they could immediately put a full ban on it (not just through their banks as it is now) and influence nations that traded with them to severely restrict it. And if a dozen other countries followed suit, then what? Or if a free market countries like the U.S. and their allies felt that Bitcoin was a threat, they could simply buy all (or most of it) Then what? Can you explain to me the differences between Bitcoin and Dogecoin? Bitcoin is already eating gold China banned Bitcoin and the price doubled. Pakistan banned Bitcoin and the price went up and now they mine it China will buy Bitcoin back at an extreme premium then because the rest of the world is using it and they'll have no choice if they wish to participate in that economy
February 8, 20214 yr 2 minutes ago, mattmcginley7 said: Can you explain to me the differences between Bitcoin and Dogecoin? Now if you want to compare Bitcoin to Dogecoin, then I would agree that "compared to Dogecoin" Bitcoin would be the "gold" and a crypto like Dogecoin would be the "cash". Bitcoin is also a less volatile investment, with limited production and has gained world wide recognition.
February 8, 20214 yr 2 hours ago, mattmcginley7 said: Can you explain to me the differences between Bitcoin and Dogecoin? Bitcoin is already eating gold China banned Bitcoin and the price doubled. Pakistan banned Bitcoin and the price went up and now they mine it China will buy Bitcoin back at an extreme premium then because the rest of the world is using it and they'll have no choice if they wish to participate in that economy Nations and the members of the government can ban things for their citizens and still have those things for themselves. This isn’t that hard to understand. China is the worlds largest miner of crypto. That’s not because of a bunch of garage rigs. Again, the headline risk is real. It’s been mitigated to a large extent in the US, but this idea that Bitcoin or crypto are just going to inevitably replace everything is foolish. Most governments are incentivized to fight crypto, and they’re most incentivized to fight crypt if it were to actually do the things it’s proponents think it can and want it to do.
February 8, 20214 yr "Nobody accepts it as payment" literally a day later... Tesla buys $1.5 billion in bitcoin, plans to accept it as payment https://www.cnbc.com/2021/02/08/tesla-buys-1point5-billion-in-bitcoin.html
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