Please explain Dogecoin

[asiagambler]

Can you imagine Grayscale with dogecoin on the balance sheet

[Mac4Lyfe]

How hard is this all to figure the fuk out? Cryptos are not regulated! Nobody cares about insider trading ect. You get a bunch of millionaires billionaires who get together who have large social media gatherings and they say hey let’s put up some millions on something worth a fraction of a penny then let’s buy bots and let’s tweet and promote the fuk out of it tell we make 50-100x our investment then dump.... this is all that is going on it’s extremely simple to figure out...
And hopefully your in the know where you can turn a profit along with them

What millionaire or billionaire pumped up a coin then dumped it??? Most wealthy people are hodling...

[Bsims]

Unfortunately, if I dropped down dead, my wife would have no clue how to recover my coins and I have A LOT. I've been meaning to write up a how to and give her but haven't yet.

Mac, I've always appreciated your sharing of knowledge here. Now, I have a tip. I'm in the same boat, wanting to help my wife when I'm gone (particularly now since I'm undergoing open heart surgery Monday). I've created a "Just In Case" folder with some documents, details, and instructions. But it's time consuming to keep it up to date, and I haven't. Here is what I'm doing recently. I open Zoom, start a meeting (me only), and turn on record. I make a few comments on what this video is about, then share my desktop. I then navigate through what I want to share with her making comments along the way. When I end the session, Zoom converts the video to "mp4". I find it and copy to a "Zoom Meetings Videos" folder. I have a spreadsheet there where I maintain a catalog describing the videos. It's a lot easier and quicker than trying to write this stuff down.

[bigtymer56]

Mac, I've always appreciated your sharing of knowledge here. Now, I have a tip. I'm in the same boat, wanting to help my wife when I'm gone (particularly now since I'm undergoing open heart surgery Monday). I've created a "Just In Case" folder with some documents, details, and instructions. But it's time consuming to keep it up to date, and I haven't. Here is what I'm doing recently. I open Zoom, start a meeting (me only), and turn on record. I make a few comments on what this video is about, then share my desktop. I then navigate through what I want to share with her making comments along the way. When I end the session, Zoom converts the video to "mp4". I find it and copy to a "Zoom Meetings Videos" folder. I have a spreadsheet there where I maintain a catalog describing the videos. It's a lot easier and quicker than trying to write this stuff down.

My head hurts just thinking about trying to explain all this stuff to her. Hopefully my kids will be able to help out.

[Shifty]

Mac, I've always appreciated your sharing of knowledge here. Now, I have a tip. I'm in the same boat, wanting to help my wife when I'm gone (particularly now since I'm undergoing open heart surgery Monday). I've created a "Just In Case" folder with some documents, details, and instructions. But it's time consuming to keep it up to date, and I haven't. Here is what I'm doing recently. I open Zoom, start a meeting (me only), and turn on record. I make a few comments on what this video is about, then share my desktop. I then navigate through what I want to share with her making comments along the way. When I end the session, Zoom converts the video to "mp4". I find it and copy to a "Zoom Meetings Videos" folder. I have a spreadsheet there where I maintain a catalog describing the videos. It's a lot easier and quicker than trying to write this stuff down.

Stay strong @Bsims. Wishing you the best with your surgery.

[Otters27]

How hard is this all to figure the fuk out? Cryptos are not regulated! Nobody cares about insider trading ect. You get a bunch of millionaires billionaires who get together who have large social media gatherings and they say hey let’s put up some millions on something worth a fraction of a penny then let’s buy bots and let’s tweet and promote the fuk out of it tell we make 50-100x our investment then dump.... this is all that is going on it’s extremely simple to figure out...
And hopefully your in the know where you can turn a profit along with them

Ok. So I bought 12,675 doge at 3.9 cents. Sell at .90?

[pablo222]

.90 probably a good place to jump off otter.

[Otters27]

.90 probably a good place to jump off otter.

Should go up after SNL correct?

[pablo222]

That is the plan. I have a buddy who just bought in at .60 and plans on selling at .98 after SNL/Elon Musk.
We will see if it happens. I don't own any.
I was looking to buy in Early Dec. @.0022. for 600 or so dollars.
It was too difficult to get in NY at the time.
Would be worth over 150k now.
Good luck to the Dogers

[WireWire]

Should go up after SNL correct?

going to go opposite way imo, Elon isn't going to mention it unless he wants the SEC knocking at his door.

[OVAKUL]

dogecoin is gamestop on crystal meth

fun for a while but leads to heavy damage if consumed long term

[BuckyOne]

Crypto is a beautiful tool for sportsbook transfers. Never cared that it could be a speculative investment. But, are sportsbooks just rolling the dice and leaveing crypto deposits in crypto? Maybe, some have done real well???? But, if crypto takes a digger do they just say, "sorry, all our crypto is gone!

We deposit with crypto and we have to take it out crypto at most places. I got in an argument with one place while attempting a crypto withdrawal and they say, "well, your last deposit and also, your last crypto deposit is 1 1/2 years old / too old, you need to deposit at least half of your balance and roll it over inside of 6 months to be eligible for a crypto withdrawal. But, you can take a paper check from a Canada business in US $ on a US bank. Well, who takes those? Wells Fargo will bounce that and they knew it / writing checks that will not clear must be a lot of fun for them.

[WireWire]

Crypto is a beautiful tool for sportsbook transfers. Never cared that it could be a speculative investment. But, are sportsbooks just rolling the dice and leaveing crypto deposits in crypto? Maybe, some have done real well???? But, if crypto takes a digger do they just say, "sorry, all our crypto is gone!
We deposit with crypto and we have to take it out crypto at most places. I got in an argument with one place while attempting a crypto withdrawal and they say, "well, your last deposit and also, your last crypto deposit is 1 1/2 years old / too old, you need to deposit at least half of your balance and roll it over inside of 6 months to be eligible for a crypto withdrawal. But, you can take a paper check from a Canada business in US $ on a US bank. Well, who takes those? Wells Fargo will bounce that and they knew it / writing checks that will not clear must be a lot of fun for them.

Sports betting is cool, its a losing proposition, crypto you can make big boy money in, you wont betting sports.

[jjgold]

Most people lose all forms of gambling
Never ever forget this


You only here the lottery stories

[stevenash]

https://markets.businessinsider.com/currencies/news/single-dogecoin-whale-owns-22-billion-elon-musk-february-warning-2021-5-1030404506

[navyblue81]

I think at sometime this weekend this is going to crash massively. That’s why I’m being very cautious here. I will prolly ride it to 80 and get out.

That’s said, there’s other cryptos out there to make $$$ in. I think Stellar Lumens is gonna rise big in the future. Also ETc and Eth are great investments and have massive upside if you want long term returns. ETC has been a huge riser this past week and should do great as Erhereums little buddy.

[kingdom]

Wrong
HOARDS of people are up 100K+
DOGE to the MOON

over 2k doge millionaires before this weekend. can't fix stupid.

[Goat Milk]

Mac just tell us what to do next.

How do I short cryptocurrency?

I can see this bursting in everyone's face and bitcoin going back down to like 20 grand.

[stevenash]

Mac just tell us what to do next.

How do I short cryptocurrency?

I can see this bursting in everyone's face and bitcoin going back down to like 20 grand.

Agreed.

[Chi_archie]

way way way way way too high of a % of the coins are in the hands of a few people.

[Mac4Lyfe]

Mac, I've always appreciated your sharing of knowledge here. Now, I have a tip. I'm in the same boat, wanting to help my wife when I'm gone (particularly now since I'm undergoing open heart surgery Monday). I've created a "Just In Case" folder with some documents, details, and instructions. But it's time consuming to keep it up to date, and I haven't. Here is what I'm doing recently. I open Zoom, start a meeting (me only), and turn on record. I make a few comments on what this video is about, then share my desktop. I then navigate through what I want to share with her making comments along the way. When I end the session, Zoom converts the video to "mp4". I find it and copy to a "Zoom Meetings Videos" folder. I have a spreadsheet there where I maintain a catalog describing the videos. It's a lot easier and quicker than trying to write this stuff down.

Damn Bsims, that's a great idea. I'm going to start doing it today and tomorrow. Good luck with the surgery brother. You are in my thoughts and prayers. You got this.

[Mac4Lyfe]

Mac just tell us what to do next.
How do I short cryptocurrency?
I can see this bursting in everyone's face and bitcoin going back down to like 20 grand.

This is not the time to short Crypto. There's still way more buyers than sellers. Institutional investors are piling in, most people are getting in as they've had money sitting on the sidelines from the pandemic and stimulus checks. I'm a buy and hold of crypto at least for the next few years. Doge could take a dump this weekend but it will go up in the next year or two. If you just want to flip crypto, go with ones that have high trading volumes but I'd prefer stock market options. Buy and hold crypto until you start seeing massive selling across all coins. That's not happening.

[ByeShea]

dogecoin is gamestop on crystal meth

fun for a while but leads to heavy damage if consumed long term

Just a reminder: Gamestop trading @ 161. Prominent hedge fund analysts were advising to short it into the dirt @ 20 for the past year and a half... that heavy damage is sure taking its time to arrive.

[ByeShea]

This is not the time to short Crypto.

How would one short crypto?

[asiagambler]

Mac just tell us what to do next.

How do I short cryptocurrency?

I can see this bursting in everyone's face and bitcoin going back down to like 20 grand.

Not really

The people who lose money probably went all in or don't have much else left

The people who mad=ke money will put it back into the broader crypto market

[navyblue81]

This is not the time to short Crypto. There's still way more buyers than sellers. Institutional investors are piling in, most people are getting in as they've had money sitting on the sidelines from the pandemic and stimulus checks. I'm a buy and hold of crypto at least for the next few years. Doge could take a dump this weekend but it will go up in the next year or two. If you just want to flip crypto, go with ones that have high trading volumes but I'd prefer stock market options. Buy and hold crypto until you start seeing massive selling across all coins. That's not happening.

What’s your opinion on ETC and XLm? Noticed both have high volumes.

[Hman]

Much to be seen

[Chi_archie]

you guys know how much more Doge gets pumped into the market everyday?

[pablo222]

What’s your opinion on ETC and XLm? Noticed both have high volumes.

ETC might be hot short term.
ETH is solid. Should continue to run short term and in the long run.
Good luck with the plays.

[eddycash]

90% of all Dogecoin are held by 100 wallets. 14.4 million new Dogecoin are mined everyday. It is a shitcoin.

[pablo222]

90% of all Dogecoin are held by 100 wallets. 14.4 million new Dogecoin are mined everyday. It is a shitcoin.

Take the profits at some point fellas. Eddy right here.
We could be wrong but the bottom could fall out here.

[Unrivaled]

Elon Musk is a smart man and making money off peoples stupidity. He knows the average person is dumb as a rock and will follow the herd and panic or buy.

Remember when he said the Tesla stock was way too high and it crashed for a couple days? I bet that guy sold right before saying that then bought more a few days later at the lower price.

People are dumb as hell. It is a joke coin.

[dlowilly]

Elon Musk is a smart man and making money off peoples stupidity. He knows the average person is dumb as a rock and will follow the herd and panic or buy.

Remember when he said the Tesla stock was way too high and it crashed for a couple days? I bet that guy sold right before saying that then bought more a few days later at the lower price.

People are dumb as hell. It is a joke coin.

But joe public is asking about it

So the question is how long is it going to get pumped

[jjgold]

Dodge going down now

Fuk

[navyblue81]

Dodge going down now

Fuk

Haha I know. Figures I buy in and it goes down.