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/biz/ - Business & Finance

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25424845 No.25424845 [Reply] [Original]

How many of you got in early?

>> No.25425081
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25425081

>>25424845
got in at 37sats, not sure when to sell maybe at 69sats

>> No.25425132

>>25424845
Limit order at 18, so happy I made a new one at 19. Been a good 24hrs.

>> No.25425167

>>25424845
Me
How high are we going boys?

>> No.25425233
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25425233

>>25425167
>How high are we going boys?
with Musk's endorsement it might hit 2 cents desu

>> No.25425246

>>25425233
checked

>> No.25425274

>>25425167
1.9c without elon ath.

>> No.25425315

>>25424845
Bought about $500 worth back in June. Stinky Linkies on suicide watch.

>> No.25425324
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25425324

Got in a couple weeks ago at 16 and 17 sats.

Pissed my 15 sat bids didn't fill.

>> No.25425330

bought at 28 sats then bought some more at 17 sats

just sold all for 38 sats, i was pretty much all in

>> No.25425375

50k in doge since 2017

>> No.25425433

>>25424845
Based
Dogecoin is a blessed coin I'm glad kek still favors it

>> No.25425460
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25425460

Will it ever hit a dollar?

>> No.25425698
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25425698

>>25425460
I feel like it's going too lol.

>> No.25425767

AAAAAAAAAAAAAAAAAAAAAAAH

>> No.25426000

>>25425767
IT ALL RETURNS
TO NOTHING

>> No.25426060

Why is this coin even going up?

>> No.25426094

well i got 10 milions of them :) gonna sell them at $1 and retire.

>> No.25426671
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25426671

>>25426060
People are buying it, hoping it will be the next big thing in the future.
Naturally, the prices start to go up and prompt more people to buy it so they won't be "left behind".
This continues for a while until the "smartest" (aka crypto-ponzi scheme experts) start to sell their now valuable coins while others are buying in the hopes of not being "left behind". Some of the later buyers from the last "wave" will catch up to what is going on and start selling it as well.
Eventually this "wave" stops, either because all the fools available already bought it or enough sellers jumped the ship after getting what they were after, so the coin starts to go down.
It leaves most later buyers without the money they thought would be able to get, forcing them to wait for their next opportunity (turning some of the later buyers into the next sellers of the next wave).

Each new wave of a cryptocurrency has more participants than the former if they are successful.
The later buyers's population will keep getting bigger and bigger with each wave of speculation.
It is an ingenous ponzi-scheme because of three main aspects:
-It is potentially continous, which means every cryptocurrency has the potential of swallowing more people as big as the global population.
-usually hard to track the mastermind(s) because there are people being fooled into helping their cause usually simutaneously.
-Each new wave creates more victims turning into accomplices later on

>> No.25426701

>>25426671
lol shut up nerd

>> No.25426718

>>25424845
i would hold this coin unironically if it didnt inflate its supply by 5% per year