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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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28585160 No.28585160 [Reply] [Original]

>Current value in USD
https://dogevalue.com/
>Current value in sats
https://www.binance.com/en/trade/DOGE_BTC
>Does Dogecoin have an infinite supply?
https://www.reddit.com/r/dogecoin/comments/8dcoa8/dogecoin_does_not_have_an_inflationary_model_we/

• NEWS:
>MasterCard will accept crypto
https://markets.businessinsider.com/currencies/news/mastercard-allow-cryptocurrencies-use-payments-network-2021-2-1030071595
>Tesla just bought $1.5b worth of BTC.
https://www.sec.gov/ix?doc=/Archives/edgar/data/1318605/000156459021004599/tsla-10k_20201231.htm
>KuCoin soon to adopt DOGE
https://twitter.com/KuCoinModerator/status/1356518137236086784
>Crunchyroll accepts DOGE
https://www.reddit.com/r/dogecoin/comments/lb8wme/its_true_you_can_now_pay_for_crunchyroll_with_doge/
>PornHub and Chaturbate accepts DOGE
https://www.unilad.co.uk/technology/pornhub-now-accepting-dogecoin-after-card-payment-ban/
>Dogecoin will be added to the Flare Network soon.
https://ambcrypto.com/flare-networks-to-integrate-doge-ahead-of-mainnet-launch/

• EXCHANGES
Binance
Binance.us
Bittrex
Kraken
Probit
Poloniex
Uphold
Exodus

• WALLETS
Dogecoin Wallet (Android)
Exodus Wallet (Android/iPhone/PC)
Ledger
Trezor
https://dogecoin.com/getting-started/

• FINE ESTABLISHMENTS ACCEPTING DOGECOIN
https://cryptwerk.com/pay-with/doge/
>Crunchyroll
https://www.crunchyroll.com
>PornHub
https://www.pornhub.com
>Chaturbate
https://www.chaturbate.com
>Kronos Advanced Technologies
https://twitter.com/KronosATI/status/1356287308278845440
>4chan autist fund
DP4SrKX2xETSK9cUzCq6W8Hg7ZeHA71GNy

• ENDORSEMENTS
>Elon Musk
https://twitter.com/elonmusk/status/1357241340313141249
>Snoop Doge
https://twitter.com/SnoopDogg/status/1358141965930426368
>Mia Khalifa
https://twitter.com/miakhalifa/status/1358224774887952384
>Gene Simmons
https://twitter.com/genesimmons/status/1357873901758390272
>Kevin Jonas
https://twitter.com/kevinjonas/status/135822169021654631

Previous Thread
>>28562108

>> No.28585265
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28585265

I bought myself a scalped ps5 with my doge earnings. Who else cashed out before the meme coin died?

>> No.28585273
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28585273

>>28585160
What’s his fucking problem?

>> No.28585274
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28585274

SHOW ME UR HODL FACE

>> No.28585341

I sold a bricked PS5 to some retard who was going on about "shitcoins" and put that money into doge. Lmao, he seemed so excited about playing fucking last-gen ports.

>> No.28585377

i bought myself a scalped pajeet faggot that posts the same thing every doge thread. Who else cashed out 10% of your doges to pay for a pajeet's year salary?

>> No.28585410

>>28585341
You forgot the part where he shit on the street

>> No.28585416

>>28585265
NIGGER
>NIGGER
NIGGER
>NIGGER
NIGGER
>NIGGER
NIGGER
>NIGGER
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>NIGGER
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>NIGGER
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>NIGGER
NIGGER
>NIGGER

>> No.28585419
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28585419

>>28585274

>> No.28585428

>>28585341
kek

>> No.28585435

>>28585410
that's normal in his part of the world.

>> No.28585457
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28585457

>>28585004
Volume and demand = price
You could have any number in the circulating and market cap.
If ZERO PEOPLE WANT TO BUY IT. IT'S WORTH ZERO DOLLARS.

>> No.28585492

>>28585273
Just trying to increase his gains by giving normies hope so they'll buy in. I'd do the same thing.

>> No.28585521
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28585521

the rocket engines are about to lift off everyone get the fuck on

>> No.28585589

I don't get it, what's pajeets problem? Buy doge, HODL, be happy. Why are you shitting in every bread, you fucking street shitting degenerates?

>> No.28585593
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28585593

>>28585274
AAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.28585601

>>28585521
maybe tomorrow

>> No.28585613

>>28585457
>Market cap of memecoin420 is 420
>Circulating of memecoin420 is 420
>Price of memecoin420 1
>>28585004
Do you want to buy a memecoin420 for one dollar?
>>28585428
How about you, sir? Memecoin420? Only a dollar

>> No.28585619

>>28585521
I have 8k doge coins, is that enough?

>> No.28585677

>>28585619
Sell all those dogecoin. Buy memecoin420.
The market cap is 420
420 in circulation.
They're only a dollar. Get them while the gettin's good

>> No.28585681

>>28585274
https://www.youtube.com/watch?v=AlnLR_lNNiE

>> No.28585691

>>28585457
Dumb shit, price of a coin is directly related to its marketcap. You need a constant supply of buys to maintain a certain pricelevel. The more coins, the higher amount of cash buys you need.

Especially considering 90% of doge is owned by 1% of the holders. Everyone here will get their ass destroyed and be bagholders until next year if they bought higher dan 2 cents.

>> No.28585702
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28585702

>>28585274

>> No.28585727
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28585727

>>28585619
Get moar.

>> No.28585748 [DELETED] 
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28585748

>>28585265
>I bought myself a scalped ps5 with my doge earnings. Who else cashed out before the meme coin died?

Uh, isnt that like a years worth of tika masalas? Thats not very smart of you Pajeet. You dont even have electricity to run it or a tv.

>> No.28585760

N O
A C T I V I T Y

>> No.28585795

>>28585265
Post picture of your toilet with timestamp you streetshitter

>> No.28585871

the whales... they stopped

>> No.28585878

>>28585691
So then, the moment BTC reaches it's market cap, the price drops to $1 INSTANTLY.
Got it.
Makes total sense.
>You need a constant supply of buys
That is literally what I have been saying.

If 5B coins showed up on the market RIGHT NOW. The price of Doge would plummet in minutes, neigh even seconds.

>> No.28585904

i am new to the crypto scene is it normal for a price to stagnate so much?

>> No.28585932
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28585932

ENGAGING THRUSTERS

>> No.28586062

>>28585904
if it's unpopular it's normal, this is weird for doge though. Did a market just go down or something?

>> No.28586126

>>28585904
>>28586062
This is completely normal.
Dead.
Doge.
Bounce.

>> No.28586132
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28586132

>>28585904
POWER TO MAIN THRUSTERS
OXIDIZER STABLE

>> No.28586161
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28586161

I’m still hodling and it makes pajeets angry.

>> No.28586166

>>28586126
that's not what a bounce is

>> No.28586174

CRASH CRASH CRASH

>> No.28586258
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28586258

https://youtu.be/zVbldiNLalo

>> No.28586291
File: 150 KB, 750x1013, 490AB0B9-BD32-4407-A46A-DD358A2C8188.jpg [View same] [iqdb] [saucenao] [google]
28586291

Holding steady, pump this weekend.
BUT BROS
WHAT IS THIS FUCKING SELL CLIFF

>> No.28586308
File: 84 KB, 997x725, dead doge bounce.png [View same] [iqdb] [saucenao] [google]
28586308

>>28586166
boing
>boing
boing
>boing

Always remember, dead doge bounce.

>> No.28586350

Frens, is something about to happen? It's way too stagnant for the past hour.

>> No.28586392

>>28586350
Hold on, you're about to ride the exit train to AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.28586401
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28586401

>>28586308
>dead dog bounce
>for 2 weeks
Remember when we were excited to hit 0.04? And now stable at 0.06? Quite a long bounce lad

>> No.28586431
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28586431

>>28586350
Well, either green wojaks or pink wojaks will be posted.
Thats all I know.

>> No.28586467
File: 144 KB, 1440x900, much praise.jpg [View same] [iqdb] [saucenao] [google]
28586467

>>28586401
Doge is like a waterbear. He can survive while he's dead. It's okay.

>> No.28586491
File: 620 KB, 1300x891, 9B93FE97-B1C1-4A06-B86A-9DD927FB822B.jpg [View same] [iqdb] [saucenao] [google]
28586491

>mfw I have 5 binance referrals
>mfw 2 friends and a family member gave me money to be their doge broker because I’m the only one with a working exchange
>mfw made over $1k off swinging and holding this little pup

>> No.28586503
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28586503

>>28586431
Green

>> No.28586511 [DELETED] 
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28586511

>>28586308

Aaaahhhhhhhhhhhhhhh who invited TA graph autist here

>> No.28586516

It looks like a bull pennant to me over the past day. Could see some action in the next hour or so.

>> No.28586522
File: 462 KB, 471x497, 2018-09-16_23-31-44.png [View same] [iqdb] [saucenao] [google]
28586522

launch initated

>> No.28586535

EUROPE JUST FLEW OVER MY HOUSE!

>> No.28586538
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28586538

>>28586503
Man I fucking hope so fren

>> No.28586569

lmao this boy still eats this trash
so ridiculous to check this shilling about bots and algo’s that you made here
smart sharks wait for bot ocean presale finish and trade with bots on dex and cex release
>as u got I am smart and not a sucker like this niggers

>> No.28586571
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28586571

>>28586511
I'm your god, I don't need an invite. So long as you exist, I am welcome.

>> No.28586609

>>28586569
I smell poo hands

>> No.28586647

>>28586571
You are a faggot

>> No.28586806
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28586806

https://www.youtube.com/watch?v=gSkIwwdT79E

>> No.28586842

>>28586291
Zoom out

>> No.28586900

>>28586491
Illegal

>> No.28586907
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28586907

>>28586569
Does anyone speak that language?

>> No.28587077

What's the best doggycoin wallet for linux? And is there mining software for linux?

>> No.28587080
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28587080

Wtf was that lads

>> No.28587100
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28587100

wtf is this

>> No.28587106
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28587106

>>28586569
>google translate

>> No.28587140

>>28587080
It was literally nothing. Are you looking at the 1-second chart?

>> No.28587196
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28587196

>>28586900
Fortunately it’s the internet so I’m always lying

>> No.28587254
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28587254

>>28587100
That would be the cliff. Someone is trying to keep doge value down, possibly to keep the normie investment window open as long as possible. A benevolent bogging, if you will.

>> No.28587272

>>28586569
Kek

>> No.28587511
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28587511

>>28585727
WHOMST

>> No.28587518
File: 177 KB, 808x1306, 20210212_130458.jpg [View same] [iqdb] [saucenao] [google]
28587518

Would be nice to see some action soon hey lads

>> No.28587547
File: 21 KB, 657x527, 15782549.png [View same] [iqdb] [saucenao] [google]
[ERROR]

>>28585677
>have 420 dollars
>buy all coins
>coin dead

>> No.28587675
File: 528 KB, 623x735, 1608434649749.png [View same] [iqdb] [saucenao] [google]
28587675

170 SATS THIS WEEKEND

>> No.28587705

>>28587547
No these are my memecoin420's. They're $1.01 now

>> No.28587767

>>28586569
>post from this id
lmao

>> No.28587893
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28587893

First time buying, how much should I go in?

>> No.28587895
File: 413 KB, 1200x1800, 689EB48B-56B1-412B-B3ED-7680AE052320.jpg [View same] [iqdb] [saucenao] [google]
28587895

So you guys think this will pump again like the last 2 weeks?

>> No.28587897

I wonder if elon actually did any research on dogecoin and ran some math to see ho actually realistic would be if he tried to shill it up in value, or if he is just doing a lazy shill attempt that is a long shot and likely to fail which he knows

>> No.28587959

>>28587893
All-in.

>> No.28587979

My question to you guys is: Do you truly believe doge can rise much higher and contend with the top coins long term, or are you just playing it as a joke and hope to pump it for a while so that you can dump your hand on the next guy for a profit?

>> No.28588022

>>28587897

I doubt he'd throw billions at something without properly thinking about it first, at least I'd like to think so

>> No.28588031

>>28587897
interesting theory I read was that physical silver was going to be hoarded and elon spruiked doge as a distraction to keep the price down so as to keep his meme cars cheaper to make

>> No.28588034

DO SOMETHING DOGE PLEASE I BEG YOU

>> No.28588048

honestly, anyone who calls doge a shitcoin at this point is ratarded, show me a single pump and dump shitcoin that has shot up in value and was this incredibly stable for this long, doge has been doing the crab around 0.07 for like a week now

>> No.28588065
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28588065

>>28586842
It’s binance, this is as zoomed out as you can get.
And as
>>28587100
pointed out, that insane wall is below 0.08 this time. One could say it feels like...the calm before the storm.

>> No.28588076

>>28587897
Elon literally wrote about it in passing because he browses the chins. Imagine thinking hes actually invested. It was a pnd from the start.

>> No.28588096

>>28585878
Well its impossible for this shitcoin to be hitting 1 dollar as many tards claim here. There will never be enough volume to pull that shit off, they will get insta dumped on.

>> No.28588140
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28588140

>>28587897
>was 0.02 ceiling
>now 0.06 floor
I mean...it worked either way

>> No.28588145

>>28587897
yes he did research just read his tweets and reply tweets. he explains dogecoins inflation.

>> No.28588159

>>28587979
Im in it because the normies are in it. They can drive adoption and poor money into it for years. There are several competitors that are basically "fast bitcoin." LTC, BCH, XRP, and Stellar. If dogecoin becomes more popular and widely accepted in commerce, it can take market cap away from it's competitors.

>> No.28588198

>>28588031
i hope i live long enough to see a day in the coming future, where with rapidly advancing technology we will soon discover some way to manufacture large quantities of gold and silver in labs which will overnight crash the prices of gold and silver by like 99.8% and everyone will jump into crypto boosting everything 10x - 100x overnight.. that would be such a glorious fucking sight to watch

>>28588022
>billions
please stop assuming elon is the leviathan, is it possible yes? but way too many people take is as 100% guaranteed, it is not, elon could turn out to be holding only like few million doge

>> No.28588202

>>28588031
Works for me. Thanks Elon.

>> No.28588219

>>28588096
It's not impossible, it's just not going to happen in a day.
People expect it to pump and then just never stop pumping. Shits not gonna happen. There's just too much of it in circulation for it to be THAT fast.

>> No.28588233
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28588233

>>28588096
Anon they said literally, exactly, VERBATIM the same thing about BTC. And if you for one fucking second try to pull that “muh infinite supply” line, might I remind you that far less doge can be produced per year than USD, and yet a dollar is still worth a dollar. Really makes you think.

>> No.28588273

>>28588198
He probably holds nothing. That adress is probably the binance doge walleet.

>> No.28588296

>>28588065
does storm mean pump or dump? this thing will explode but in which direction?

>> No.28588334

>>28588273
he 100% holds doge, he donated 200k doge to a charity recently and purchased some for his son too, the question is how much is it but is is NOT 0

>> No.28588337

>>28588233
Stop comparing btc to doge and doge to the dollar u dumb fucking shit

>> No.28588345

>>28588233
$1 DOGE would be a $100 Billion market cap. Only BTC and ETH have market caps greater than $100 Billion. It will take at least a year to get there.

>> No.28588358

>>28588233
they also said it about 100s of shitcoins that never took off

>> No.28588359

>>28588296
DOOMP

>> No.28588383
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28588383

>>28588345
>tfw need doge at $4 in order to make it

>> No.28588407

>>28588233
Checked and based.

>> No.28588422

>>28588345
One word. Circulating.

>> No.28588435

>>28588383
It will need to be as widely accepted as BTC.

>> No.28588454

>>28588159
Normies have the attention span of a goldfish. Just look at GameStop, literally everyone talked about it... for a few days, and now it has dropped 90% because no one cares anymore. With DOGE following the almost exact same pattern so far, why would it not go down the same route?

>> No.28588468
File: 56 KB, 645x729, 7119CCB5-D345-40EF-B0EF-82BB12F307EA.png [View same] [iqdb] [saucenao] [google]
28588468

>>28588337
>it’s not like all 3 are traded against each other
Picrel is you

>> No.28588518

>>28588454
Because we believe in Meme Magic.

>> No.28588525

>>28588454
Doge is not going down because of lack of attention. You are stupid.
IT'S GOING DOWN BECAUSE IT'S A DEFLATIONARY MARKET.
SIDEWAYS IS DOWN.

>> No.28588526
File: 560 KB, 1600x936, 41955D96-7CE1-425D-B6B4-8510ACE850DA.png [View same] [iqdb] [saucenao] [google]
28588526

>>28587979
>Do you truly believe doge can rise much higher
Absolutely. It has retained its value after each pump and will likely continue to retain its value after the next one, which should happen in the next few days. Furthermore, companies adding doge integration also pushes up its actual value because it's more useful to the market.
>and contend with the top coins
Definitely no way this becomes the next bitcoin. Id say this will likely get up to a few dollars at most within the next decade, but they're so cheap right now that that's still a decent profit.

>> No.28588598

>>28588525
>DEFLATIONARY
Inflationary.

>> No.28588612

I would not invest anything in DOGE unless the owner of the 36 billion DOGE whale wallet is known. If they decide to sell the coin will dump back to below 1 cent.

>> No.28588646
File: 1.23 MB, 500x288, 1526753053_PerfectShowyAllosaurus-size_restricted.gif [View same] [iqdb] [saucenao] [google]
28588646

OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO MAH DOGE

>> No.28588654

Just put 20 bucks down

>> No.28588676

>>28588612
Why would he sell?

>> No.28588722

>>28588525
On the timescale of days or weeks like we're talking about here, inflation means jack shit.

>> No.28588744
File: 675 KB, 480x270, 1389088624871.gif [View same] [iqdb] [saucenao] [google]
28588744

>>28588612
It is in the best interest for large whales to hold their wallets. They know that.
The whales you need to worry about are the ones with >5m coins.
But it's also in their best interest to hold, and if they're smart they know that.

>> No.28588753

>>28588676
some people just want to watch the world burn

>> No.28588793

We finna break through 0.07 my niggas hold onto your breaded fried chicken

>> No.28588878
File: 547 KB, 728x546, doughe.png [View same] [iqdb] [saucenao] [google]
28588878

>>28588753
But think about how much pussy he could get by hodling and bringing DOGE up to $1+

>> No.28588885
File: 3.93 MB, 444x250, 1613173190607.gif [View same] [iqdb] [saucenao] [google]
28588885

EUROPE AWAKES

>> No.28588920

>>28588885
What euros create burgers destroy

>> No.28588925

>>28588793
That's what I had for lunch and dinner today.

>> No.28588985
File: 20 KB, 400x400, 771.jpg [View same] [iqdb] [saucenao] [google]
28588985

Is it time? or are we gonna fall again?

>> No.28589032

>>28587100
Nooooooo. You can't just place an ask for a bunch of coins. You are supposed to place your asks such that it smoothly goes up so it does not trigger my OCD. Being able to choose a fixed price for what you want to buy something at should be illegal.

>> No.28589067

>>28588722
That's just incorrect due to the way Doge works.
It's a constant downforce on the price. The higher the price of doge is, the more the inflation affects it.
There's a constant creation of coins, every single minute 10k is created. On the minute. Every minute.
Do you really not understand the implication of that on a marketplace?

>> No.28589195

>>28589032
It's crazy, doge is literally fighting like 3 forces at once pushing it down. And it's holding steady.

>> No.28589220

>>28588345
That's ok, I can wait

>> No.28589317

>>28589067
I think you've the one who don't understand it. 10k per minute is absolutely nothing for a total supply of 128 billion. The inflation is no more than about 5% per year, and that's not counting the deflation from lost coins. That not nearly enough to cause noticeable movement on this timescale. We're talking years, or decades, before it starts to matter.

>> No.28589440
File: 158 KB, 1000x1000, C88AE339-ED1F-4A0C-9221-CE2852FB3420.jpg [View same] [iqdb] [saucenao] [google]
28589440

>>28589067
Again, there are 100x of ISD being created at the same time. If the entire year’s worth of doge mining was dumped all at once it would take us from 100bil to 105bil, with a subsequent 5% drop in worth. That’s it. And it’s gone up 400% in less than a month. How many times must this absolutely retarded line of reasoning be deboonked?

>> No.28589446

>>28589195
>And it's holding steady
I'm not sure I would call that steady.

>> No.28589508 [DELETED] 
File: 10 KB, 300x296, 275962.jpg [View same] [iqdb] [saucenao] [google]
28589508

>>28589067
>That's just incorrect due to the way Doge works.
>It's a constant downforce on the price. The higher the price of doge is, the more the inflation affects it.
>There's a constant creation of coins, every single minute 10k is created. On the minute. Every minute.
>Do you really not understand the implication of that on a marketplace?

>> No.28589534
File: 99 KB, 1542x828, 2021-02-13-004149_1542x828_scrot.png [View same] [iqdb] [saucenao] [google]
28589534

>>28589446

>> No.28589656

>>28589317
This, 10k a minute is nothing

>> No.28589672

man i'm feeling fucking good. i found some dogecoin i bought right when the coin was made and lost for years. i just made 5k. what have you done today

>> No.28589731
File: 114 KB, 932x1138, 1578736495237.png [View same] [iqdb] [saucenao] [google]
28589731

>>28589317
Literally who gives a fuck what the supply is.
THIS IS AN ACTIVE MARKET PLACE.
Example so your smooth ass brain can understand this:

>There is a sell order at 0.07, 1m coins. [25% complete] This is the lowest price.
>A miner pool gets a payload 50 different people all split that payload

>How many people are going to:
A. Hold the payload
B. Sell the payload for equal to, or greater than 0.07
C. Sell the payload for less than 0.07

If the amount of people who choose to sell their coins for lower than 0.07 creates a larger amount of coins than the amount of coins being bought per minute, the price goes down.
Fuck your retarded market cap shit.
YOU DON'T UNDERSTAND A MARKET.
>>28589440
coins*USD invested = market cap.
Not the other way around.

>> No.28589807 [DELETED] 
File: 99 KB, 1080x1080, 1574805295543.jpg [View same] [iqdb] [saucenao] [google]
28589807

>>28589731
Ah shit. Its that same retard from the last thread.

>> No.28589838
File: 36 KB, 331x429, BFB77459-8B07-4AB0-9A92-F12D4AA681CF.jpg [View same] [iqdb] [saucenao] [google]
28589838

>>28589220
Me too fren :)

>> No.28589853
File: 84 KB, 867x818, 1612847104382.jpg [View same] [iqdb] [saucenao] [google]
28589853

I think this weekend is going to be mighty bullish lads

>> No.28589897

>>28589853
DAWGCOIN

>> No.28589930
File: 18 KB, 236x314, 1477486677914.jpg [View same] [iqdb] [saucenao] [google]
28589930

>>28589807
I'll hammer this into your retarded ass heads. You'll thank me later.
Dividing the market cap by the usd only confirms that you did your math correct, It proves nothing else.

>> No.28590246
File: 102 KB, 1290x734, 2.5b.png [View same] [iqdb] [saucenao] [google]
28590246

If the entire year’s worth of doge mining was dumped all at once it would take us from 100bil to 105bil, with a subsequent 5% drop in worth.

I'll be generous with this one. We'll say 2.5billion.

Look at the red line, with the big ass arrow. What do you think all the orders above that are going to do?
What will the 2.5b order do after that?
What will everything above the 2.5b after that?


YOU DON'T UNDERSTAND A MARKET.

>> No.28590510

>>28590246
An entire year's worth of block rewards is 525,960,000 dogecoin. Binance currently has asks for 67 million dogecoin on DOGE/USDT and 676 million dogecoin on DOGE/BTC. If you think that dumping all of the coins would only create a 5% drop, I think you would be mistaken.

>> No.28590563

>>28585265
If had a doge for every time I’ve seen this one, I’d unironically be able to go to the moon.

>> No.28590706
File: 439 KB, 378x498, dance.gif [View same] [iqdb] [saucenao] [google]
28590706

GET THIS SHIT TO 8 ALREADY SO I CAN FUCKING SELLLLLLL

>> No.28590724
File: 50 KB, 792x589, 1574400203172.jpg [View same] [iqdb] [saucenao] [google]
28590724

>>28590510
No, I'm saying it would be much, much, much MCUH MCUCH MUCH MUCH MUCH higher than 5%. I was supposed to reply to this guy >>28589440
For some reason he thinks that it would reduce the price by 5%. But, it would instead increase the market cap by 5%. Because the amount coins increased.
And he doesn't understand how markets work so he's just peddling misinformation that he saw on a reddit post or some garbage

>> No.28590818
File: 48 KB, 720x510, mexicans.jpg [View same] [iqdb] [saucenao] [google]
28590818

Remember when dogecoin generals were comfy and not full of fudders/pajeets?

>> No.28590907
File: 315 KB, 433x426, 1574349055735.png [View same] [iqdb] [saucenao] [google]
28590907

>>28590818
>Remember when dogecoin gen was an echo chamber
>Stop saying what I don't like
>YOU'RE GIVING ME PTSD

>> No.28590908

>>28590818
when there is a lot of fudders and pajeets you know the coin is bound for success.

>> No.28590917

>>28589731
Here's a thought experiment that hopefully lets you understand you how dead wrong you are.
Let's say dogecoin is redenominated. One coin now becomes 1000 coins. Nothing else changed, it's just a movement of the decimal point. Just appearance.

Now, instead of 10k doge being created every minute, 10 million doge is being created every minute. But the supply is also 128 trillion instead of 128 billion. But the supply doesn't matter, according to you, so now the inflation downward pressure should be 1000 times as high! What if we redenominate to a billion times increase? Now 10 trillion doge is being created every minute. It should instantly crash the market to zero, according to your logic.

But of course that doesn't happen, because everything else, including the supply, also increased proportionally. Nothing has fundamentally changed, despite 10 trillion doge being created every minute. Do you understand now?

>> No.28590995

>>28590818
Anon, it's very good sign - it's getting serious, those fuckers who initially laughed at us - hodlers, now seriously fucking arguing about our favourite coin with funny yellow doge on it.

>> No.28591002
File: 45 KB, 1280x720, bog5.jpg [View same] [iqdb] [saucenao] [google]
28591002

>>28590706
Crash et to 0.0008

>> No.28591007
File: 278 KB, 960x1290, Doge4D.jpg [View same] [iqdb] [saucenao] [google]
28591007

>>28588296
Pomp

>> No.28591076
File: 139 KB, 273x220, 1366474118437.png [View same] [iqdb] [saucenao] [google]
28591076

>>28590917
>There are 100k doge coin
>There is 100k USD invested
>The market cap is 10,000,000,000
>oh shit 10k just got mine
>There are 110k coins
>The invested amount is still 100k
>The market cap is now 11,000,000,000


What don't you understand about this?
Can I even make it any more simple? Is that even possible?

>> No.28591079

>>28590706
It’s not going back to 8 anon. It’s not even going back to 7.5. Sell now. Buy back in when it’s at maybe .01 or .02

>> No.28591121
File: 749 KB, 960x432, 1611524007494.png [View same] [iqdb] [saucenao] [google]
28591121

>>28590907
>Says the smoothbrain making baseless claims

>> No.28591161
File: 20 KB, 353x450, 1369566334046.jpg [View same] [iqdb] [saucenao] [google]
28591161

>>28591121
Direct your attention: >>28591076

>> No.28591172

>>28591076
The fuck are you even talking about? What is this random 100k doge number you pulled out of your ass? Do you have a response to my argument?

>> No.28591180

>>28591076
That's not how it fucking works, you mouth-breathing retard.

>> No.28591195

>>28590818
Doesn't matter, keep buying when you can, just don't be like the morons on reddit spending their whole life savings on something.

>> No.28591292
File: 72 KB, 250x208, 1564949793289.gif [View same] [iqdb] [saucenao] [google]
28591292

>>28585160
We’re crabbing at this price range because there’s a 1 billion Doge sell wall at 0.076. DON’T sell we’re going to go up eventually, just not until we’ve chipped away at the sell wall.

>> No.28591326

When is this shit going to move again?

>> No.28591343

>>28591292
Sorry 1.9 billion Doge sell wall

>> No.28591489
File: 97 KB, 625x552, 1369551956786.jpg [View same] [iqdb] [saucenao] [google]
28591489

>>28591172
>What is this random 100k doge
I was using smaller numbers to make things simple. You can't seem to understand what a market cap is.
>Market capitalization is equal to the share price multiplied by the number of shares outstanding.
Directly from wikipedia.
>Do you have a response to my argument?
The entire argument is redundant. If there were that many doge in circulation they wouldn't be worth 0.07. It would be much lower. And I'm not bothered enough to sit here and do calculations on obscurely tiny numbers just to prove your retarded ass wrong.
You do not divide the market cap and the coins. That proves nothing OTHER THAN TELLING YOU THE AMOUNT OF COINS.
>>28591180
Market capitalization
From Wikipedia, the free encyclopedia
Jump to navigationJump to search

The New York Stock Exchange on Wall Street, the world's largest stock exchange in terms of total market capitalization of its listed companies[1]
Market capitalization, commonly called market cap, is the market value of a publicly traded company's outstanding shares.

Market capitalization is equal to the share price multiplied by the number of shares outstanding.[2][3]

>> No.28591529
File: 32 KB, 553x553, 1594797865071.jpg [View same] [iqdb] [saucenao] [google]
28591529

>>28591489
>Compares crypto to stock

>> No.28591577

>>28591489
>I was using smaller numbers to make things simple.
And by doing that you made your argument invalid. There isn't 100k doge, there is 128 billion doge. Adding 10k to that does absolutely nothing, like we've been trying to tell you.

>> No.28591760
File: 353 KB, 500x410, silver doge.png [View same] [iqdb] [saucenao] [google]
28591760

boomer rock retard here

if i buy $doge on the stonks is this buying dogecoins?
tia, lots of love, call your grandma she misses you

>> No.28591829
File: 218 KB, 1250x798, city_2.jpg [View same] [iqdb] [saucenao] [google]
28591829

Normies are going to shill this coin all over the world.

>> No.28591865

>>28591829
Once Coinbase introduces DOGE, the Normie Tsunami can begin.

>> No.28591896
File: 195 KB, 1200x824, ba4.jpg [View same] [iqdb] [saucenao] [google]
28591896

Just donated 1k to the 4chan autis fund in op post, we need all the good karma we can get frens! This weekend is going to be nuclear

>> No.28591907

>>28591865
why haven't they yet?

>> No.28591962

>>28591907
Still filling their bags.

>> No.28591977

Did anyone else get a DOGE voucher from Binance? It was only 2.491 Doge, but hey, it was free.

>> No.28592009

>>28591865
I'm afraid to sell before then. It will be like the LINK coinbase pump. Instant 3x.

>> No.28592046
File: 6 KB, 194x259, 1477486798856.jpg [View same] [iqdb] [saucenao] [google]
28592046

>>28591577
Except increase the market cap by 10,000*USD invested
That's literally what it does. By definition.
If you want to do the math yourself, do it.
Change 100k to 128 billion. It doesn't change anything.
>Google what is the doge market cap
>Doge has a market cap
>How is a market cap calculated
>Market capitalization is equal to the share price multiplied by the number of shares outstanding.
>Coins represent shares in crypto
>How do I do simple calculations

>> No.28592140

>>28591865
Even normies wouldn't be so stupid they would invest in that shit...

>> No.28592189
File: 647 KB, 848x1036, B8F19236-4123-44DA-9FEC-EA1058D177D6.png [View same] [iqdb] [saucenao] [google]
28592189

>>28592046
>doge has high market cap
>???
>coin crashes
what is the in between step?

>> No.28592225

>>28592140
Too late. It's already a normiecoin.

>> No.28592241

>>28591977
I got them to suck my dick, anyone else? It was a nigger but hey, it was free.

>> No.28592285

We're gonna need a dogecoin stock/flow model.

>> No.28592291

>>28592046
>Except increase the market cap by 10,000*USD invested
>That's literally what it does. By definition.
Absolutely not. The market cap stays the same, it is the price that is moved if move supply is minted, because price depends on supply and demand. "By definition". And the specific way it is moved, all else being equal, is to the same ratio as the market cap moved. In other words it goes from $0.07 to $0.07*(128 000 000 000 / 128 000 010 000) = $0.069999994. Wow, much change, so inflationary

>> No.28592301

>>28592225
Normies panicked sold a while ago, to be honest I don't even know how this shit is still alive.

>> No.28592331

>>28592189
>doge has high market cap
>Amount of doge increases vastly
>doge die
There's a bunch of ways to cause it.

>> No.28592474

>>28592241
neat.

>> No.28592553
File: 52 KB, 609x608, 9D627292-CF99-4E47-9E68-57860DE9CE18.jpg [View same] [iqdb] [saucenao] [google]
28592553

>>28592331
Why would a high market cap cause the amount of doge to increase vastly? If anything, shouldn't a high market cap actually protect doge from rapid inflation because the amount of new doge created is extremely small by comparison?

>> No.28592568

>>28592291
>it stays the same
No, it literally goes up by 700.
>it is the price that is moved if move supply is minted
The price is move if a transaction is confirmed. You could be the sole miner of ever doge from now until tomorrow, fuck even next year. Your doge won't effect the market until you decide to sell it.
But your doge still effects the market cap, while you're holding it.

>> No.28592646

0.067 on my way

>> No.28592702

>>28592568
I'm obviously talking about after the market equilibrium is reached. It makes no sense to talk about the impact of one holder or one transaction in a market with millions of them. If more supply is created, more sell pressure is created, meaning more people sell, meaning price goes down, meaning the market cap returns to what it was. And the end result of that is approximately the price in the equation I gave you.

>> No.28592777

>>28592702
When one person has more than 99.5% of the other wallets yeah, it makes sense.

>> No.28592951
File: 8 KB, 228x221, 1594101549564.jpg [View same] [iqdb] [saucenao] [google]
28592951

>>28592553
Why does the cap have to cause it? That makes no sense. The cap doesn't do anything, it's just a representation of the money invested times the amount of the asset.
>shouldn't a high market cap actually protect doge from rapid inflation because the amount of new doge created is extremely small by comparison?
The money invested prevents it from crashing to zero from small miners getting 10k. Yes. But not the market cap. The inflation will never be so large that it causes the crash of Doge in a day, for example.
>>28592702
The entire argument I was making was against the "If the entire year’s worth of doge mining was dumped all at once it would take us from 100bil to 105bil, with a subsequent 5% drop in worth. That’s it. And it’s gone up 400% in less than a month. "
Retarded argument.

>> No.28592987
File: 166 KB, 754x427, 1613142869161.jpg [View same] [iqdb] [saucenao] [google]
28592987

DOGIE DOGIE
U A SHIT COIN
DOGIE DOGIE
KEEP GOING DOWN
DOGIE DOGIE
FEEDING MY SHORTS
DOGIE DOGIE
SHIT ON HOLDERS CORPSE

>> No.28593059
File: 150 KB, 852x1041, 1477486786848.jpg [View same] [iqdb] [saucenao] [google]
28593059

>>28592987
He's in hibernation.

>> No.28593200
File: 8 KB, 200x150, 71639.jpg [View same] [iqdb] [saucenao] [google]
28593200

>>28592951
>>28592046
>>28591489
>>28591076
>>28590246
>>28589731

>> No.28593296
File: 45 KB, 628x442, 1574347105633.jpg [View same] [iqdb] [saucenao] [google]
28593296

>>28593200
>Stop saying what I don't like

>> No.28593352

Just the fact when it get just under 0.069 there is a big will that appears at 0.0693 makes it so obvious the whales are just playing with you.
Guy open your eyes, it's not going anywhere.
MEME =/= money

>> No.28593415

>>28593352
Who?

>> No.28593437

>>28593415
Guy, it's a friend of mine.

>> No.28593448

>>28593352
Shhhhhh, just a little bit longer anon.

Hope these guys are stocking up on some nice Pink Wojaks for when the moment arrives lmao

>> No.28593453
File: 74 KB, 394x510, C4F2476F-35B3-471A-8E3E-E557AAFED7E5.jpg [View same] [iqdb] [saucenao] [google]
28593453

>>28592951
>Why does the cap have to cause it?
If it wont then why do you keep bringing it up?

>> No.28593509
File: 13 KB, 200x506, Itsyourlastchance.png [View same] [iqdb] [saucenao] [google]
28593509

It's your last chance to get out before it's too late.

>> No.28593546
File: 48 KB, 1080x607, gigachad.jpg [View same] [iqdb] [saucenao] [google]
28593546

>>28593296
>>Stop saying what I don't like
Why yes, i do dislike the spreading of false information.

>> No.28593597

That wall @ 0.0687 already.
Okay guys this is really the end this time.
GET OUT.

>> No.28593605

>>28593509

>selling now

Ngmi

>> No.28593613
File: 65 KB, 300x300, 1496072260796.jpg [View same] [iqdb] [saucenao] [google]
28593613

>>28593453
Read the second half of the post.
>>28593546
I agree. Misinformation is bad. Feel free to point to any misinformation I've given.

>> No.28593642
File: 105 KB, 581x1024, 65371562-AB4B-4C96-BBD5-1CA36FAC20F7.jpg [View same] [iqdb] [saucenao] [google]
28593642

>>28593597
>>28593509
>t.

>> No.28593681

Someone just solg 400k doge @ 0.0685

>> No.28593684

>>28593352
That wall is a whale setting a floor, not fucking with anyone. The buy orders are running out, and miners will still be selling. So they put a minimum buy order to scoop up whatever gets through.

>> No.28593729

>>28593684
Or they do both.

>> No.28593798
File: 12 KB, 400x400, 1477484044561.jpg [View same] [iqdb] [saucenao] [google]
28593798

>>28593729
I mean, I guess they are in a sense. They're getting really big bags for super fucking cheap. Since the amount of buy orders is really low at this hour.

>> No.28594055
File: 94 KB, 960x960, 1467854891363.jpg [View same] [iqdb] [saucenao] [google]
28594055

>>28593729
>>28593681
>>28593597
>>28593509
>>28593437
>>28593352
>>28592777
>>28592646

GTFO fudcunt. I can spot your posts right away!! Same fucking shit in every thread for days now.

>> No.28594152
File: 42 KB, 149x152, 1594231683058.png [View same] [iqdb] [saucenao] [google]
28594152

>>28594055
It's probably bobo trying to score some bags

>> No.28594258

>>28594232
New bread for when this tanks

>> No.28594295
File: 404 KB, 501x461, 1477496741320.png [View same] [iqdb] [saucenao] [google]
28594295

>>28594258
>206 replies

>> No.28594332
File: 21 KB, 500x375, 52b86ce46bb3f7032e3faf9e.jpg [View same] [iqdb] [saucenao] [google]
28594332

I bought dogecoin when it was at 0.03 and I gotta say, this is perhaps one of the rare times the whole internet (bare a few trolls mind you) united for a common goal.
I just find this...strangely soothing.

>> No.28594965

What a desperate 24h for this coin. Everything mooning +20% and this shit just sits here.

Fuck you guys for making me invest in this shit.