/biz/ - Business & Finance

>>50460339
ALL alts are recovering. People still don't get they are all correlated with btc?

>>50460339
Dead dog bounce

>>50460339

crypto.com send all its users a popup message to buy dogecoin for as little as 1 dollerino

guess people are really doing it

>>50460339
niggershitcoins are following the eth pump

>>50460370
So this means doge to $2 EOW?

>>50460348
>People still don't get they are all correlated with btc?
ETH lead this rally

>>50460539
No. Btc broke out of the massive downtrend and alts follow btc

>>50460339
idk but cycle to cycle doge been a better store of value than bitcoin... despite the huge tail emission. wtf guys? are you all stupid or something?

zoom out please
these are fucking shitcoins that have zero utility and zero backing other than a retarded community
go spend money on something with actual utility like ETH or something like BitDAO with a billion dollars in backing from their treasury

>>50461016
this is fun... have you guys heard about John Nash and the ideal money theory?

the gist of it is that ideally money has 0% apparent inflation, but long enough term 0% actual or asymptomatic inflation is just as good. and everything else will trend towards 0% volatility to the ideal money.

which in case of fiat means treasuries holding bitcoin in fractional reserve the game will eliminate bad currencies long term, and it also translates to altcoins. good alts have 0% asymptomatic inflation and will trend to 0% volatility compared to bitcoin.

this creates an interesting market where inflation if both 0% and infinitely elastic (because new alts pop up when there is demand for more money)

we will see, but check this chart out...

>>50461053
Exactly, midwit. Zoom out and learn cycles. Meme seasons always come back in btc bullruns.

>>50461015
Wrong, BTC was stuck in the 19-22k range all day while ETH broke out of its 1000-1200 crab and then continued to rally past 1400 while BTC stalled. This is happening because of the merge being given a date.

You can see this if you look at the ETH/BTC pair, ETH pumped first back up to 0.07 before some of its gains were given back to BTC yesterday.

>>50461526
Wrong. Eth is btc's bitch. Always has been.

>>50461526
also pay attention. Look at the daily. July 13 btc was breaking down from the bear flag, faked out, then began its rally. What did eth do? Literally copied btc. Was going to shit then pumped July 13. Same time as btc. Now we're here

>>50460339
Imagine missing out on Shib a second time lmao

>>50461714
Ethereum broke out on the 16th, Bitcoin on the 18th. All crypto is correlated with all crypto. Merge is bullish.

>>50461209
risk appetite

>>50461758
Shib IS the DOGE of ETH. 1cent by 2025 Doggyverse. 1 Shib will let you vote in the DogDao, a treasury with 2 Trillion dollars worth of crypto, partnered with Apple and Meta. It will be mandatory to have 200$ worth of Shib.

>>50461763
Look at july 13. Literally just look at it. Btc was breaking down of the bear flag. Faked out. Then pumped nonstop since then. Eth had more of a crab channel and so it broke that crab channel first, but it was ONLY because btc was rallying from july 13. Both broke the even bigger downwards trend on the same day (18th).

>>50460339
merge is looking good, crypto is pumping as people want pump back, eth is copying up BTC, dot and parachains performing well too, even subsquid is now out with another new engine.

>>50461870
Thye have been powering so many para chains, I think even moonbeam and kusama too.

>>50460339
Coming for the bite. Waiting for Elon to start the next pump towards the big 1 (though it won't break 70 cents this year) just to distract people from his legal spat with twitter.
Given that the trial is in October, I reckon 50 cents EOY conservatively.

>>50460339
I made a decent pump with doge , should i sell and make quick bucks or just hold on it
>>50461911
when is the TGE going to happen?

>>50461823
Shib will probably perform well, but the parabolic gains are gone. To go back to the ath would only be a 6x. Not terrible if it can do it, but it won't be making those insane meme gains.

>>50461970
I want more LINK and I hold doge

What is the meme play this year? I only have $100 and need 10+ million

What about dog bat coin or goose h0nk