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Dogecoin

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posted on 17/4/21

Lot of hype on doge could be the new bitcoin. I trade but not crypto.

comment by Ali - (U1192)

posted on 17/4/21

Nobody knows.

The coin was worth almost nothing half a year ago and now look at it, all because of Elon Musk.

There was a big pump and dump yesterday though.

The problem with Doge coin is, there is no limit to how many of them can be made / mined / whatever - so if there is an unlimited supply of something, can it really retain its value in the long term?

comment by 🥕 (U22339)

posted on 17/4/21

It’s a meme. Elon likes to troll the crypto world knowing full well that if he tweets about it he can manipulate the price.

Jump in and make some money now but long term it won’t last

posted on 17/4/21

comment by GregOle (U1192)
posted 15 minutes ago
Nobody knows.

The coin was worth almost nothing half a year ago and now look at it, all because of Elon Musk.

There was a big pump and dump yesterday though.

The problem with Doge coin is, there is no limit to how many of them can be made / mined / whatever - so if there is an unlimited supply of something, can it really retain its value in the long term?
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Wouldn't you rather use Doge as payment rather than 0.00036BTC to pay for a haircut or milk in the grocery store? Also Doge is far more effecient than BTC so no reason why it shouldn't stay afloat

posted on 17/4/21

I don't get my haircut in a grocery store but maybe I would if they accepted crypto.

Down 25% in the last few hours, will drop further and lay dormant until Elon Musk mentions it again.

posted on 17/4/21

Ethereum looking good for some x's by the end of the year if you've bought early. The current bull run looks set to yield some very good profits. Fingers crossed. Lots of prospect coins that seem to be getting a lot of interest recently too. Plenty of bags to be made.

posted on 17/4/21

comment by Boris 'Inky’ Gibson (U5901)
posted 7 minutes ago
I don't get my haircut in a grocery store but maybe I would if they accepted crypto.

Down 25% in the last few hours, will drop further and lay dormant until Elon Musk mentions it again.
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The last rally wasn't due to Elon tweeting

comment by Ali - (U1192)

posted on 17/4/21

comment by Wayne and Robin aka Red Indian (U21328)
posted 10 minutes ago
comment by GregOle (U1192)
posted 15 minutes ago
Nobody knows.

The coin was worth almost nothing half a year ago and now look at it, all because of Elon Musk.

There was a big pump and dump yesterday though.

The problem with Doge coin is, there is no limit to how many of them can be made / mined / whatever - so if there is an unlimited supply of something, can it really retain its value in the long term?
----------------------------------------------------------------------

Wouldn't you rather use Doge as payment rather than 0.00036BTC to pay for a haircut or milk in the grocery store? Also Doge is far more effecient than BTC so no reason why it shouldn't stay afloat
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I personally have a lot of stellar lumens, some XRP and some cardano.
Aint gonna bother with Doge, its way too volatile.

posted on 17/4/21

It's not a coin i normally look at tbh but i bought some Doge on Thursday and made a healthy profit by Friday. Barring a small bag that i've left to run, the profits have gone into Theta.

posted on 17/4/21

A lot of buzz around around OMI at the moment. Looks like that could really fly.

comment by #Culer (U22564)

posted on 17/4/21

I have about 35k invested in bitcoin. Been investing in it since 2011.

posted on 17/4/21

It certainly beats using the banks interests rates

posted on 17/4/21

comment by Got_Better (U6241)
posted 1 hour, 29 minutes ago
Lot of hype on doge could be the new bitcoin. I trade but not crypto.
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Lmao so football isn’t the only thing you know absolutely nothing about

posted on 17/4/21

Dogecoin is a meme. If you have been holding it through the bear market, congratulations you deserve your massive, possibly life changing profits. But anybody who hops on now is begging to get wrecked. It’s already down 50% from yesterday’s top.

posted on 17/4/21

Made a few quid an XRP lately. By a few quid I put around 500 and it may worth over a grand now.

As always when something comes off you always regret not putting in more.

comment by Busby (U19985)

posted on 17/4/21

I sold 7k in February for about £300

posted on 17/4/21

So volatility, much baffled.

comment by Stoopo (U4707)

posted on 17/4/21

My nephews have been crypto investors for over ten years. They told me to leave this one alone. I always take their advice with cryptos. They haven’t got much wrong to be fair.

Bitcoin could hit $100k this year according to them.

posted on 17/4/21

A lot of sh*tcoin investors here.

BTC is the only way to go and the only decentralised crypto. Everything else is a waste of money/gambling.

comment by Busby (U19985)

posted on 17/4/21

Hmmm, Bitcoin it more if a commodity now. It’s also not the only decentralised crypto, there are loads.

The tech has loads of potential, personally I think banks will use blockchain themselves, I’m in it purely as an investment. But it sounds like you don’t have a clue what you’re talking about.

comment by Busby (U19985)

posted on 17/4/21

comment by Stoopo (U4707)
posted 45 minutes ago
My nephews have been crypto investors for over ten years. They told me to leave this one alone. I always take their advice with cryptos. They haven’t got much wrong to be fair.

Bitcoin could hit $100k this year according to them.
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Yeah, I’ve learnt to steer clear of hype investments, be is stock, crypto or anything else.

posted on 17/4/21

It's not much of a gamble if you can see a downward trend and withdraw your profits if you think the coin has hit a peak. You'd still be up ££££s if you catch one early. Lots of different ways to do business now, especially on platforms like Ethereum that will only increase it's currency.

comment by Szoboss (U6997)

posted on 17/4/21

comment by Stoopo (U4707)
posted 46 minutes ago
My nephews have been crypto investors for over ten years. They told me to leave this one alone. I always take their advice with cryptos. They haven’t got much wrong to be fair.

Bitcoin could hit $100k this year according to them.
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Everything I’ve read suggests few long term prospects and short term it’s volatile so you take your chances.

Someone on here mentioned HBAR a while ago and that’s something I’ve done some reading around on. Interesting project. Would be interested to know the views of long term crypto investors if you speak to your nephews.

posted on 17/4/21

These are all tulips and ponzi schemes propped up by nothing at all but demand.

As long as people are only playing and not putting anything but disposable income in who am I to judge.

Anyone holding bitcoin when it inevitably crashes is going to be even more badly burned than last time. It's all about demand though and panic will come.just as quick as the demand is


These are purely playthings with no intrinsic value but enforce rarity (people hope) and no backing. Theres a killing to be made by those playing the game.and fortunes to be lost by people with more.moeny than sense.

The funny thing is madoff is only recently dead but his antics are soon forgotten. The trust people have in the creators of cryptocurrencies is amazing. These are the really smart people who have made their.money and it wont be in their type.of product.

It's less than 5 years since onecoin debacle lol.

posted on 17/4/21

I cashed out BTC at $23 before Xmas cos I needed the cash.

Obviously wished I hadn't.

Maybe buy some alt coins early and cash out

I may cash out my ripple and reinvest in VEchain

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