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Author Topic: DOGE coin?  (Read 5689 times)

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« Reply #25 on: May 09, 2021, 07:13 »
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All cryptos are the same, a Ponzi scheme

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I you see the graphic could be a base to grow again in the same ratio. Or the opposite.


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We take a shitcoin and try to become an standard stronger than USD


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I don't really know what I'm going to do. Thinking in hold now but you know...


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All cryptos crash, not just doge. Bitcoin a 30% a few days ago.


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Cryptos are nothing and their value is nothing.


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It's stupid to think they are something like real money.

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And yes, most of cryptos are Ponzi scheme with no doubt. I own some, but I'm not a part of a cult. It's better to know well where you are with your money.


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We have seen this before, with other market revolution based on mortages and money coming from bets.

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this market is just about gambling.

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Most of cryptos at best are like some kind of debt issuance with eyes closed. Not money or coins and not supported by nothing.

Recommended.


« Reply #26 on: May 09, 2021, 07:14 »
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Some countries need to learn how to talk again.

« Reply #27 on: May 10, 2021, 04:38 »
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Following the topic, SpaceX now holds DOGE.

So, I have bought again, more coins than before. Maybe they will eat my small profit, don't know. But I like DOGE anyway. Glad of not to see it on the ground (yet).

CRYPTOS ARE DANGEROUS, BE CAREFUL WITH YOUR MONEY.

Uncle Pete

  • Great Place by a Great Lake - My Home Port
« Reply #28 on: May 10, 2021, 10:47 »
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You clearly don't know what a Ponzi scheme is saying crypto in general is a Ponzi scheme is like saying gold is a Ponzi scheme, of course some of the cryptos needed to be avoided so you need to do a full research before investing in one but you don't understand neither the technology nor the power or the idea of a decentralized finance system. Crypto has mighty opponents because it takes power away from the banksters and the governments but the genie is out of the bottle and there is no way back. You are right that for a huge part of the population the blockchain technology at the moment doesn't mean anything it's the same with internet 25 years ago the internet doesn't mean anything to a huge part of the population. It is still early days in crypto so where will a lot of rewards for the people to jump in early it will remain highly volatile for the time being but it will succeed.

Yes, precious metals are a pump and dump scheme.  :) The people making money are the dealers, not the public, in most cases. Just like a casino bookie, they take 10% on every transaction or at the least, no risk, as they buy for less and sell for more.

Coin is unpredictable and in it's infancy. All these wild predictions are ignoring that most of the coins will fail eventually, like any other new technology. The ones left standing will be making the changes to the way we trade products for something of value.

My biggest complaint is I have ETH and can't spend or convert it. The gas fees are also going through the sky, as they are relative to the value of the coin. When transactions are easier and fluid, then coin will start to take a bigger hold. Right now coin is too complicated.

ps https://coinmarketcap.com/  look at some of the graphs? What the heck, Binance and Tether are wild, and they are supposed to be tied to the US dollar? ETH up 400% in the last year, I like that.

Noedelhap

  • www.colincramm.com

« Reply #29 on: May 10, 2021, 10:57 »
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You clearly don't know what a Ponzi scheme is saying crypto in general is a Ponzi scheme is like saying gold is a Ponzi scheme, of course some of the cryptos needed to be avoided so you need to do a full research before investing in one but you don't understand neither the technology nor the power or the idea of a decentralized finance system. Crypto has mighty opponents because it takes power away from the banksters and the governments but the genie is out of the bottle and there is no way back. You are right that for a huge part of the population the blockchain technology at the moment doesn't mean anything it's the same with internet 25 years ago the internet doesn't mean anything to a huge part of the population. It is still early days in crypto so where will a lot of rewards for the people to jump in early it will remain highly volatile for the time being but it will succeed.

Yes, precious metals are a pump and dump scheme.  :) The people making money are the dealers, not the public, in most cases. Just like a casino bookie, they take 10% on every transaction or at the least, no risk, as they buy for less and sell for more.

Coin is unpredictable and in it's infancy. All these wild predictions are ignoring that most of the coins will fail eventually, like any other new technology. The ones left standing will be making the changes to the way we trade products for something of value.

My biggest complaint is I have ETH and can't spend or convert it. The gas fees are also going through the sky, as they are relative to the value of the coin. When transactions are easier and fluid, then coin will start to take a bigger hold. Right now coin is too complicated.

ps https://coinmarketcap.com/  look at some of the graphs? What the heck, Binance and Tether are wild, and they are supposed to be tied to the US dollar? ETH up 400% in the last year, I like that.


Tether is pegged to the USD, so it fluctuates constantly between 0.99998 and 1.0001 as it tries to remains constant. Hence the 'wild' looking graph.
BNB is not pegged to the USD, it's making a steady climb upwards since February.

Uncle Pete

  • Great Place by a Great Lake - My Home Port
« Reply #30 on: May 10, 2021, 11:24 »
0
You clearly don't know what a Ponzi scheme is saying crypto in general is a Ponzi scheme is like saying gold is a Ponzi scheme, of course some of the cryptos needed to be avoided so you need to do a full research before investing in one but you don't understand neither the technology nor the power or the idea of a decentralized finance system. Crypto has mighty opponents because it takes power away from the banksters and the governments but the genie is out of the bottle and there is no way back. You are right that for a huge part of the population the blockchain technology at the moment doesn't mean anything it's the same with internet 25 years ago the internet doesn't mean anything to a huge part of the population. It is still early days in crypto so where will a lot of rewards for the people to jump in early it will remain highly volatile for the time being but it will succeed.

Yes, precious metals are a pump and dump scheme.  :) The people making money are the dealers, not the public, in most cases. Just like a casino bookie, they take 10% on every transaction or at the least, no risk, as they buy for less and sell for more.

Coin is unpredictable and in it's infancy. All these wild predictions are ignoring that most of the coins will fail eventually, like any other new technology. The ones left standing will be making the changes to the way we trade products for something of value.

My biggest complaint is I have ETH and can't spend or convert it. The gas fees are also going through the sky, as they are relative to the value of the coin. When transactions are easier and fluid, then coin will start to take a bigger hold. Right now coin is too complicated.

ps https://coinmarketcap.com/  look at some of the graphs? What the heck, Binance and Tether are wild, and they are supposed to be tied to the US dollar? ETH up 400% in the last year, I like that.


Tether is pegged to the USD, so it fluctuates constantly between 0.99998 and 1.0001 as it tries to remains constant. Hence the 'wild' looking graph.
BNB is not pegged to the USD, it's making a steady climb upwards since February.

Thanks, so like a penny stock going from 15/16th up to 1 and back down? Looks like a big variation, because of the low values.  :)

« Reply #31 on: May 11, 2021, 04:21 »
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Do you guys know if dogecoin implemented mimblewimble?

« Reply #32 on: May 12, 2021, 01:11 »
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Do you guys know if dogecoin implemented mimblewimble?

and what is mimblewimble?

« Reply #33 on: May 12, 2021, 02:23 »
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Do you guys know if dogecoin implemented mimblewimble?

and what is mimblewimble?

It's a blockchain protocol, focused on privacy

angelawaye

  • Eat, Sleep, Keyword. Repeat

« Reply #34 on: May 12, 2021, 12:42 »
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Still holding Doge. Got in at .22
Make sure to invest in ETH too.

« Reply #35 on: May 13, 2021, 10:43 »
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I bought a few $ worth at $0.05 so wish I'd bought a few $1K worth. Ohh well it'll probably be worth $0.05 again by this time next year.


 

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