$ (DOGE) Dogecoin - wow

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Down to 17 cents. Buying a meme coin with all of your money thinking you'd get rich is seriously one of the most retarded things you could do
 
Divine right to rule said:
I am sorry, but anyone who didn't sell doge at the time it went to the moon thanks to Elon deserves to lose their money. You have to be pretty retarded to think it would be a good longtime investment.
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I think a lot of these people forgot that you're only supposed to pretend to be a fanatic to lure in the next generation of bag-holders.
 
BSV said:
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Like the dogecoin millionaire? I think he would be a prime example of why it's not bad taking profits once in a while. At least in highly speculative meme projects. If he would at least taken out his initial investment this wouldn't be as tragic to watch. There is nothing wrong with dollar cost average and hodling, but when you fomo your whole capital, and even borrow on top of that. It's implied that it's a highly speculative gamble, and not some saving money for the future strategy.
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Even swing trading, while never guaranteed to hit the absolute top or bottom, is preferable to just holding and watching unrealized gains evaporate.

People take the hodl shit far too literally.
 
An Avenging Bird said:
People take the hodl shit far too literally.
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I don't know how accurate these stats are but if they're even halfway accurate it blows my fucking mind
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$1 was a very optimistic but perhaps achievable looking goal back in May but I can't fathom sitting on a coin that's up however many thousand percent praying for an extra 40%.
 

Judging from the title of this video, this almost looks like something YellowFlash would make. Also, when I search up dogecoin online, I keep seeing results like this:

C6A55AC0-05A7-4388-B308-B6B6781D964E.jpeg

Judging from the profit markets, it seems risky. Has this happened to anyone you know yet?
 
An Avenging Bird said:
Even swing trading, while never guaranteed to hit the absolute top or bottom, is preferable to just holding and watching unrealized gains evaporate.

People take the hodl shit far too literally.
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I sold half my Ethereum stack at 4,000 and bought a house. At the end of the day the point of of this is obtaining the things we want/need. Gains are meaningless unless they are realized.
 
I have a friend who put his life savings into Dogecoin at 10-13 cents , and at its peak around 76 cents, I told him to sell it but he didn't listen, choosing to believe Reddit/Elon hype.
He would have had enough to get through college had he sold, which was his original goal anyway. Has been really quiet about Doge these last few weeks.

Interestingly, I still know some associates who missed on the hype still looking to get rich quick by watching Dogecoin dips like hawks.
 
No One of Note said:
I have a friend who put his life savings into Dogecoin at 10-13 cents , and at its peak around 76 cents, I told him to sell it but he didn't listen, choosing to believe Reddit/Elon hype.
He would have had enough to get through college had he sold, which was his original goal anyway. Has been really quiet about Doge these last few weeks.

Interestingly, I still know some associates who missed on the hype still looking to get rich quick by watching Dogecoin dips like hawks.
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If it drops below 10 cents I may buy just for the meme potential
 
No One of Note said:
I have a friend who put his life savings into Dogecoin at 10-13 cents , and at its peak around 76 cents, I told him to sell it but he didn't listen, choosing to believe Reddit/Elon hype.
He would have had enough to get through college had he sold, which was his original goal anyway. Has been really quiet about Doge these last few weeks.

Interestingly, I still know some associates who missed on the hype still looking to get rich quick by watching Dogecoin dips like hawks.
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Putting your life savings in a meme coin or not getting out with a seven time profit margin. I don't know if the former or the latter is worse. :cryblood:
 
Looks like i've turned this thread from a dogecoin discussion into making fun of it's cult-like following
LOL
 
Love Thug's Hate said:
Sometimes i feel sad because i bought at 0.05 and didn't sell at 0.7 because i followed all the retarded redditors and /biz/ thinking that it will go up to 1$ and now the doge has been euthanized and lying dead on 0.2, but i remember the absolute fucking morons that put actual life savings and college funds onto it and got financially ruined from "the Doge Stocks" :lit:
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God I'm glad I sold at .6. 15k on a meme is better than just a dream. Never put real money in meme coins people only a percentage of profits.
 
I made a little over double what I put into it. I bought when it was low and sold when it was almost at its peak. On the other hand I had a buddy who lost money on it expecting it to hit a dollar or more. That’s the thing about penny stocks though, you don’t keep them for long. You flip them ASAP, not even expecting it to be a long term investment.
 
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BinanceDoge.png


News is coming in now saying that Binance has recently lost ALL of their Dogecoin after the new 1.14.5 update which reduced fees (causing old transactions that had been stuck because the fee was too low to go through, because Binance hadn't removed them, and instead just left them in a stuck state). 1600 transactions from 2019-2020 went through, wiping out their entire stack of Dogecoin. And they've now disabled all Doge withdrawals (because they literally do not have it anymore)

So what happens now? Will Binance buy another hundred billion Dogecoins to make up for it? Find out in two weeks I guess

binancedoge2.png

Update: It gets worse, the Dogecoin devs told Binance what they needed to do before this happened and were ignored. Binance also had two whole months to test the upgrade, looks like they didn't bother.
 
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Articuno4 said:
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News is coming in now saying that Binance has recently lost ALL of their Dogecoin after the new 1.14.5 update which reduced fees (causing old transactions that had been stuck because the fee was too low to go through, because Binance hadn't removed them, and instead just left them in a stuck state). 1600 transactions from 2019-2020 went through, wiping out their entire stack of Dogecoin. And they've now disabled all Doge withdrawals (because they literally do not have it anymore)

So what happens now? Will Binance buy another hundred billion Dogecoins to make up for it? Find out in two weeks I guess

View attachment 2721964
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DIAMOND HANDS!


:tomgirl:
 
Articuno4 said:
View attachment 2721955

News is coming in now saying that Binance has recently lost ALL of their Dogecoin after the new 1.14.5 update which reduced fees (causing old transactions that had been stuck because the fee was too low to go through, because Binance hadn't removed them, and instead just left them in a stuck state). 1600 transactions from 2019-2020 went through, wiping out their entire stack of Dogecoin. And they've now disabled all Doge withdrawals (because they literally do not have it anymore)

So what happens now? Will Binance buy another hundred billion Dogecoins to make up for it? Find out in two weeks I guess

View attachment 2721964
Click to expand...
SHIB WINS AGAIN!!!!!!
 
Articuno4 said:
View attachment 2721955

News is coming in now saying that Binance has recently lost ALL of their Dogecoin after the new 1.14.5 update which reduced fees (causing old transactions that had been stuck because the fee was too low to go through, because Binance hadn't removed them, and instead just left them in a stuck state). 1600 transactions from 2019-2020 went through, wiping out their entire stack of Dogecoin. And they've now disabled all Doge withdrawals (because they literally do not have it anymore)

So what happens now? Will Binance buy another hundred billion Dogecoins to make up for it? Find out in two weeks I guess

View attachment 2721964
Click to expand...
so uh... buy for a quick flip?
 
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