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Apr 20 2021 10:31pm
Quote (KRR @ Apr 21 2021 12:28am)
I was told this exact thing by family/ friends/ advisors when I hit 1,000$.. 5,000$.. 10,000$ etc.
Same thing with my bitcoin.. if I listened I’d be a broke 100k in debt college kid wage slaving my entire life.
This is why most people don’t make it, they can’t hodl and have bad influences telling them sell


Yep, just buy whatever, whatever the price. It has to go up, right?

In any case, good luck.
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Apr 20 2021 10:38pm
Quote (bogie160 @ Apr 20 2021 11:31pm)
Yep, just buy whatever, whatever the price. It has to go up, right?

In any case, good luck.



In 2021? Yes as long as it has hype.
Kids these days are retarded and will pump the chit outta some meme coins.
Their only problem is they are mostly weak mentally and paper hands at a loss
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Apr 20 2021 11:02pm
Quote (KRR @ Apr 21 2021 12:38am)
In 2021? Yes as long as it has hype.
Kids these days are retarded and will pump the chit outta some meme coins.
Their only problem is they are mostly weak mentally and paper hands at a loss


Ah. I wasn't aware that 2021 cracked the code on speculative bubbles.

There is a finite amount of money that can serve as inflow. When that's exhausted, the price will decline, outflows lead to losses, which leads to more outflows. The price declines to nothing and bag-holders are left with a meme and the friends they made along the way.

There is a reasonable argument to be made for ETH and BTC having some kind of value. At their current price point? Maybe or maybe not, but there's an underlying thesis as to why they exist.

What does Dogecoin offer that these better capitalized early adopters don't? "An infinite number of infinitely financed investors/kids will push the price up forever" is not a very good thesis.
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Apr 20 2021 11:19pm
Quote (bogie160 @ Apr 21 2021 12:02am)
Ah. I wasn't aware that 2021 cracked the code on speculative bubbles.

There is a finite amount of money that can serve as inflow. When that's exhausted, the price will decline, outflows lead to losses, which leads to more outflows. The price declines to nothing and bag-holders are left with a meme and the friends they made along the way.

There is a reasonable argument to be made for ETH and BTC having some kind of value. At their current price point? Maybe or maybe not, but there's an underlying thesis as to why they exist.

What does Dogecoin offer that these better capitalized early adopters don't? "An infinite number of infinitely financed investors/kids will push the price up forever" is not a very good thesis.



Doge has been around since 2013 with no usecase. 8 year bubble? Whats to say it won’t go another 8 years? Most people don’t even invest but now normies are investing so there is way more supply to come
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Apr 20 2021 11:38pm
Quote (KRR @ Apr 21 2021 01:19am)
Doge has been around since 2013 with no usecase. 8 year bubble? Whats to say it won’t go another 8 years? Most people don’t even invest but now normies are investing so there is way more supply to come


you are seemingly missing the point lol, you are one in thousands, if not, tens of thousands who got in early enough to make that kind of profit, good luck telling your "success' story to the others who are holding a bag waiting for the next group of people to inflate the price just so they can sell out.

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Apr 21 2021 01:03am
Quote (Budgeting @ Apr 21 2021 12:38am)
you are seemingly missing the point lol, you are one in thousands, if not, tens of thousands who got in early enough to make that kind of profit, good luck telling your "success' story to the others who are holding a bag waiting for the next group of people to inflate the price just so they can sell out.



Every friend I told to get into doge this year had made money.
Would I personally buy now or tell any1 to buy it right now? Probably not , cause I think it’ll drop to like 0.20 soon. But it’ll go up again even higher on the next hype. Its still 2x what it was a couple weeks ago and sitting stable
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Apr 21 2021 07:49am
doge has been around 7-8 years. it has never marketing or presented itself as anything serious regarding crypto and blockchain technology. for sure people who got in pre 2021 are making a killing. thats because it was basically used for tipping people on the internet for content or good forum posts to draw interest to crypto, especially when it was worth like something along the lines of $0.000001 per coin. 100k doge there was equivalent to $1

everyone knows its being meme’d up. at some point you have to assign responsibility to the greedy and uninformed individual. the informed greedy person spending $100 or whatever they can afford to lose when it was sub 1 penny but hype train was in full effect earlier this year is one thing. listening to the irresponsible media and certain websites and tiktok internet pumpers when its at $0.30 and taking out a second mortgage to finance it well, there’s always a bigger delusional sucker until you’re the biggest delusional sucker

This post was edited by excellence on Apr 21 2021 07:50am
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Apr 21 2021 08:02am
Quote (KRR @ Apr 21 2021 03:03am)
Every friend I told to get into doge this year had made money.
Would I personally buy now or tell any1 to buy it right now? Probably not , cause I think it’ll drop to like 0.20 soon. But it’ll go up again even higher on the next hype. Its still 2x what it was a couple weeks ago and sitting stable


you are still not understanding that there are more people in the world than just you and your friends.

early movers will make money because the initial capital cost is low.

somebody ends up holding the bag on corrections. more often than not, there are more bag holders than those who actually made $$$.
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Apr 21 2021 08:53am
Quote (KRR @ Apr 21 2021 12:19am)
Doge has been around since 2013 with no usecase. 8 year bubble? Whats to say it won’t go another 8 years? Most people don’t even invest but now normies are investing so there is way more supply to come


Doge was less than a penny for all but the last few months lol.

It hasn't been an 8 year bubble. It's been a bubble since December when it breached a penny.
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Apr 21 2021 12:19pm
Quote (Thor123422 @ Apr 21 2021 09:53am)
Doge was less than a penny for all but the last few months lol.

It hasn't been an 8 year bubble. It's been a bubble since December when it breached a penny.


People talking about doge since like 2014-2015 and its done more than 10000x since then. I was in highschool/ first year college when I bought my bitcoin and doge , knew nothing of investing. Bitcoin for drugs and doge for the memes is all I remember my classmates talking about.
Its consistently gone up and dropped off each year but it always ends up higher than before.
Safemoon went up 15,000x in 2 months, now thats more of a bubble ... maybe? Its a meme that’ll probably never die and has actual tokenomics

This post was edited by KRR on Apr 21 2021 12:25pm
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