/biz/ - Business & Finance

>>20250694
who isn't getting dumped on today desu

sold my doge for the buidl swap last night, was the first good trade in a while

>>20250694
Did you take up a position because some TikTok zoomers FOMOd you into doing so?

>>20252035
Yes

Yeah lost $15 big whoop. Don't really give a shit though because I put it into link.

>>20252035
mhm, its going to get to at least 50 cents by next week. Dogecoin got to .017 2 years ago without normie support, no reason why it won't go higher now.

>>20252370
>its going to get to at least 50 cents by next week
1 cent is a stretch looking at that chart anon, I wouldn't expect anything over 3 even if shit explodes. 50 cents would make it more valuable than bitcoin

Big dildo to 0025 then elevator back to 0040 here it comes

>>20250777
Checked

>>20252422
like i said, it got to .017 on its own 2 years ago, with the hype going on now its bound to rise more. also 50 cents for a stupid internet tolken is completely reasonable when compared to the other prices of others that only cryptofags care about. Bitcoin got to where it was today because of hype like this.

Made 2x, sold, rebought and now I'm losing it all lmao

>>20252556
oh, anon, you poor thing. look up what a market cap is and how to calculate it. dogecoin was one of the biggest cryptocurrencies even before the tik tok pump started

>>20252556
I wonder, though, how much of that was from ads on Facebook duping boomers into buying in. With most platforms banning crypto ads and in some cases even crypto discussion, it seems like the market for every token now is cryptofags. It's a zero-sum game played between everyone on /biz/ and whatever crypto Reddits are left.

>>20252556
On it‘s own? that was the biggest shitcoin hype mania we will possibly ever see, with billions of dollars flowing into alts every day and everyone‘s folio increasing by 6 figures every other day. I‘m honestly surprised the tiktok zoomers managed to pump it to 60 sats at all

>>20252634
market cap doesn't mean it can't reach higher, people buy it, the value goes up, you're over complicating such a simple thing.
>>20252646
I'm not saying Doge will reach 100-10000 dollars, just 50 cents, which is half of the meme goal that is being used to lure in buyers because around that would be when a dump would start.
>>20252676
but did it have normie involvement?

>>20252615
It's a bad day for all crypto. Best if we just come back tomorrow (unless you're buying dips)

>>20252800
>market cap doesn't mean it can't reach higher, people buy it, the value goes up, you're over complicating such a simple thing
anon, have you even perused an economics textbook?

>>20252556
Yeah bro a few zoomers putting $25 in is comparable to thousands of cunts literally re financing their mortgage to go all in like In 2017

>>20250694
You'll see it moon in a few days and fomo back it at a higher price than you sold. Every single one of you.

>>20252898
>"Professor McRothbardstien's 500 dollar textbook says......"
Weak appeal to authority fallacy
>>20252919
Which is why I'm giving it a conservative estimate of around 50 cents for this pump and dump.

>>20252307
I respect your honesty lad, know that. :^)

>>20252997
I'm not appealing to authority, I was suggesting that perhaps you don't have a good grasp of economics if you think the way price is decided is "such a simple thing". Appeal to ignorance however, well some one might be reaching that way

>>20253065
it is in this case, we're not talking about fiat currencies or subsidized grains, its an internet coin, its entire value is determined by how much people will pay for it.

>>20252997
You are a sell signal.

>>20253178
>selling while the line is still going up
you're going to buy back in at .007 and miss out on gains you could have had

>>20253155
>its entire value is determined by how much people will pay for it
really? so whales have never suppressed the price of a coin before? there are no instances of insider trading or manipulation in crypto? can I sell you a bridge?

>>20253296
none of those things contradict what I said.

>>20250694
This was a tiktok pump and dump, so obvious that even regular youtubers were making videos calling out the hype.

>>20252997
50 cents is not conservative, it's unprecedented. 50 sats is reasonable, and even up to 100 or 130, but the dollar value of that of course depends on what Bitcoin is doing. If both see a spike then Doge could get to 4 cents and we'd still make a shitload.

It used to be $1 why is it not possible to get there again?

>>20253735
no it went to .017 cents once, it'll get above it but not to 1 dollar, yet.