DOGE - DOGECOIN

Discussion in 'Crypto Forum' started by James Freedom, Feb 4, 2021.

  1. James Freedom

    James Freedom New Member

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    Not trying to spam (because DOGECOIN is everywhere) but RobinHood deposit hiatus for Crypto expires today for anyone that deposited funds last week. Already seeing movement this morning. I think we will see a good run today.
     
  2. StockJock-e

    StockJock-e Brew Master
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    As long as Elon Musk pumps it.

    Most DOGE holders are going to learn a valuable lesson about market cap, block size and dilution.
     
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  3. T0rm3nted

    T0rm3nted Moderator
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    I've read in some places that this has a maximum price of like $0.25 and can't physically even go higher than that currently? Is that true?
     
  4. StockJock-e

    StockJock-e Brew Master
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    Its simply a matter of supply. There are so many millions of coins held below 1c. There are 128B coins outstanding!

    Sure I guess it can spike up to any price theoretically, but 14.4M new coins arriving every day is a lot of selling to soak up.
     
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  5. StockJock-e

    StockJock-e Brew Master
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    He keeps doing this

    upload_2021-2-24_8-6-30.png

    A lot of people are going to get burned.

    DOGE keeps printing 14.4M new coins every day, there is no way there can be sustained buying to support that and hundreds of kids keep buying it because Elon keeps tweeting it.
     
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  6. T0rm3nted

    T0rm3nted Moderator
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    Remember the old Trump Tweet scanner to pick stocks? We need one for Elon. An alert every time he tweets to buy tickers he's pumping then sell them before everyone else.
     
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  7. StockJock-e

    StockJock-e Brew Master
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    That 6c resistance didnt budge on this last pump, its also possible that his pumping becomes ineffective eventually.
     
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  8. T0rm3nted

    T0rm3nted Moderator
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    Well ya, for sure. His fans are already holding in. Now they need OTHER people to get in, and the hype has died. As he tweets about other stocks/cryptos though for the first time, should be pretty easy multi-day trades if you see the tweet before most of his fans.
     
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  9. Rustic1

    Rustic1 Well-Known Member

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    People need to do RESEARCH on anything before jumping in blind.

    This coin was designed specifically as a JOKE, ask the creator.

    I dread the day ELON jokingly tweets to eat yellow snow. Sadly some will do it.
     
  10. StockJock-e

    StockJock-e Brew Master
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    So many people suffer from hero-worship. They look at Elon like some sort of messiah. If he says DOGE, they will pile in for no reason other than he tweeted about it.
     
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  11. Rustic1

    Rustic1 Well-Known Member

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    I reckon the jokes on me. It actually has some kind of value. I'm sticking to bitcoin "for now" ?

    Screenshot_20210304-133445_Chrome.jpg
     
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  12. StockJock-e

    StockJock-e Brew Master
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    Why are they doing this?

    Its sucking more noobs into Doge and they will lose their ass!
     
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  13. Rustic1

    Rustic1 Well-Known Member

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    Don't know, check out this article. Over 1000 already do apparently. I only follow bitcoin, until recently I thought it was foolish. One of my friends bought 10 at 500 ish a few years ago. I told him he was nuts and bought 5000 in silver. The bet was my silver would out perform his fools gold. He actually has been holding that and more for years. I spoke with him when Elon bought and decided to take the plunge. His original 500 is 50,000 now. I showed him how I momo trade back then, now he is teaching me about crypto. He plays that stuff 24/7, completely out of the markets. I still have my silver. LOL
     
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  14. Rustic1

    Rustic1 Well-Known Member

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  15. StockJock-e

    StockJock-e Brew Master
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    DOGE mooning along with all the other alts
     
  16. StockJock-e

    StockJock-e Brew Master
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    What if I told you that DOGE would be a top performer for the year? :D
     
  17. CFi

    CFi Member

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    Another 100+% in a day? Congrats to everyone that is holding.
     
  18. Rustic1

    Rustic1 Well-Known Member

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    I always said this was a joke coin. :lauging: It appears the joke is on me. :rofl: Time to enjoy my plate of crow.:D
     
  19. B Russ

    B Russ Well-Known Member

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    To da moon! I think its 5x from just about 3 days ago?! Ridiculous but ill take it. Only thing im upset about is that i wasnt finished adding to my position. Now im scurred to add more.
     
  20. CFi

    CFi Member

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    I've never seen anything like the DOGE.X stream over at Stocktwits since I began investing in 2013. That stream is on fire. There are like 5 new twits every second. Is that what it looks like when the retail traders come into the market? Did anybody here trade the dotcom bubble? But I guess it's not even comparable, as there was no social media back then.
     

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