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/biz/ - Business & Finance


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File: 130 KB, 1653x806, wow.jpg [View same] [iqdb] [saucenao] [google]
27777036 No.27777036 [Reply] [Original]

Say what you will about Dogecoin being a pump and dump scam coin being shilled by the likes of Reddit and Twitter. The fact remains that presently an unidentified billionaire controls 27.17% of the total Dogecoin supply and will likely continue this mass accumulation into the years ahead.
The very fact that this person continued to obtain Dogecoin during the rallies of January and early February, regardless of the rapidly increasing price, confirms my suspicion that the billionaire in question is none other than Elon Musk himself.
What are the implications? It means that Musk is doubling or tripling down on the success of Dogecoin and that he wishes to be on the absolute forefront when the true purpose of Dogecoin is revealed to the world.
Elon Musk would not be throwing hundreds of millions of dollars into this unless it was for some planned greater purpose. My advice to everyone on this board is to do what you must to obtain and hold your Dogecoin. If you wish to trade it on the highs and lows I strongly recommend at least keeping some of it separated in a safe place. $1 is no longer a meme.
You have been warned.

>> No.27778763

>>27777036
wtf

>> No.27779201

>>27777036
doge is trash though. It has no actual value other than the memes

>> No.27779275

>>27779201
So, just like any other crypto that isn't BTC and ETH?

>> No.27779306

>>27777036
what site is this?

>> No.27779354

https://bitinfocharts.com/de/dogecoin/address/DH5yaieqoZN36fDVciNyRueRGvGLR3mr7L

This is the wallet on bitinfocharts.com

>> No.27779505

His transactions contain "secret" messages. The amount of his Purchases are either leetspeak memes or dates. one of these dates is this saturday (today/tomorrow, depending on where you are right now)

>> No.27779572

>>27777036
This is irrelevent because it has an INFINITE SUPPLY

>> No.27779655

I took a massive hit to the feels when it dumped and i didnt. Knowing a mega whale brought so much doge above 5 cents makes me feel hope

And im really trying to gas myself with hopium right now

>> No.27779771

>>27779275
At least the other cryptos try to be valiable, doge coin just says fuck it and makes printer go brrrr. Unlimited supply.

>> No.27779774

>>27779572
Then why would this person purchase $100,000,000 dollars worth today???

>> No.27779935

>>27779774
Because it's currently being memed and they can dump it for huge profit on stupid people who think this is going anywhere near $1

>> No.27780172

>>27779572
>>27779771
Except it's unlimited supply is actually very limiting in the long term. It is true that 5 billion get added every year to the supply but that number will always be 5 billion. Many years down the road when we are at many trillion Dogecoin, 5 billion will be quite meagre and therefore irrelevant. This is why Dogecoin is the superior currency.

>> No.27780211

god fuck the retards that created dogecoin. All they had to do was put a limit on supply, literally any fucking limit and it could have actually been something. Absolute mongoloids

>> No.27780241

>>27779935

It does not make sense to sell that bag now though

>> No.27780284

>>27777036
probably robinhood

>> No.27780322

>>27779505
Noticing a pattern, but what do you see?
At first I thought those small transactions were just automatic mining deposits or something but all the 69s and 420s aren't a coincidence.

>> No.27780493
File: 71 KB, 693x633, 1598800233774.jpg [View same] [iqdb] [saucenao] [google]
27780493

>>27780211
the only purpose of dogecoin is to act as a woodchipper for retail retards.
hey, memes though, lmao. funny heckin dogerino!

>> No.27780559

>>27777036
I can't believe doge took of and Ravencoin which is literally bitcoin but diluted which would serve purpose much better as "people coin" is left forgotten

>> No.27780702

>>27779505
>>27780322
The small transactions are merely random individuals sending coins to his address. It is a public wallet after all.

>> No.27780789

>>27780284
Good point but why would they buy 1 coin over and over again and dozens of purchases of 69 and 420. And why would they not have reduced their position after the selloff the last few days.

>> No.27780843

>>27780559
Dogecoin took off because Elon found it to be the most amusing cryptocurrency. When the true purpose of the coin is realized, it will only magnify his amusement because it will perpetuate for many generations to come.

>> No.27780857

>>27777036
Imagine trying to trade like a billionaire, not realizing his ponzi scheme.

>> No.27780939

>>27780789
Most large wallets get random tiny inputs from randos who are looking at the block explorers. Satoshi wallets and vitalik used to get tons of tiny inputs from people.

>> No.27780951

>>27780172
>many trillion Dogecoin
yup so it will be even more worthless

>> No.27781099

Maybe Elon attempt to DEPLOY Doge? In a blockchain technology

>> No.27781112

>>27780843
The real purpose is to make Elon into the worlds first trillionaire. If he can manage to meme the price to $1k, he would be.

>> No.27781140

>>27780857
I thought about what circumstances someone would have to be in order to nearly double their investment share during a rally instead of simply selling off what they were already holding for a tidy profit. This is the mindset of someone thinking far beyond into the future that is completely unknown to us. We can only surmise with the clues we are given.

>> No.27781235
File: 34 KB, 885x498, 8AD291E9-8BC3-433A-BFEA-31569274E3DC.jpg [View same] [iqdb] [saucenao] [google]
27781235

>>27777036
High quality post.

>> No.27781310

>>27777036
He was trying to bail you retards out and eat the losses so you didn't kill yourselves

He even admitted it on /biz/ last night, believe me or not

>> No.27781334

>>27780951
And the US Dollar supply is also in the trillions and yet it is still valued. This is why Dogecoin will be a world class currency.

>> No.27781382

hmmm, there are 3 transactions which end in .06281971 which is elons birthday. 06/28/1971, what mean

>> No.27781394

it's a broker, dumb fuck

>> No.27781397
File: 20 KB, 306x306, 1982734.jpg [View same] [iqdb] [saucenao] [google]
27781397

>>27781334

>> No.27781456

>>27780284
It's gotta be this. No one has billions of liquidity available so you can go all in on a memecoin unless you're a multi-billion dollar corporation that needs them to operate

>> No.27781530

Check out this guy. Bought millions of dollars worth in the first month of launch and hasn't touched it since.
https://bitinfocharts.com/de/dogecoin/address/DDTtqnuZ5kfRT5qh2c7sNtqrJmV3iXYdGG

>> No.27781536

>>27781310
did anyone screen cap this? how did you know it was him?

>> No.27781540

>>27781394
What kind of broker needs 25% of the entire supply as liquidity, that's a huge fucking risk on the books

>> No.27781615

>>27779774
He pumped it one last time since he felt bad for all those bagholders reading his tweets

>> No.27781770

>>27779354
What the fuck? Is this an exchange or something? It opened in 2019 it seems

>> No.27781786

>>27781540
what is 25% of infinity, fucktard niggerbrain?

>> No.27781870

>>27781310
In actuality Elon Musk is the reason why Dogecoin mooned this past week, not because of Reddit or Wallstreet or Twitter. Reddit was the assumed initial cause of it but it is ridiculous to believe that WSB singlehandedly increased the price by several pennies. It was the massive buying behind the scenes driving the prices up.

>> No.27781929

>>27781786

Is it normal for an exchange to have 25% of a coin?

>> No.27781981

>>27781929
what don't you understand about infinite supply?

>> No.27782045

>>27777036
Chugging, smoking, injecting and breathing copium so fucking hard that now there are conspiracy theories about Elon Musk having greater plans for Dogecoin. The absolute state of /biz/ as of 2021/04/02, everybody.

>> No.27782200
File: 20 KB, 300x334, 6f7sdg5.png [View same] [iqdb] [saucenao] [google]
27782200

you are so retarded its fucking hilarious

>> No.27782306

>>27781929
It is possible but an exchange wallet typically has rapid increases and decreases. It would not just be increasing in a straight pattern.
>>27781981
Dogecoin's infinity diminishes infinitely.

>> No.27782467

>>27781981
My understanding from the origins of Dogecoin is that coins are added periodically to account for wallets being lost.

>> No.27782747
File: 1.27 MB, 1076x912, dogebarnacleboy.png [View same] [iqdb] [saucenao] [google]
27782747

Can you host files on the dogecoin blockchain?
Can you host websites?
Is it anything other than a wallet?

>> No.27782823

>>27779771
>At least the other cryptos try to be valiable
You must be joking. 90% of cryptos are pump-n-dump scams. The fact that Doge isn't built on Ethereum puts it in the top 1% of cryptos.

>> No.27782858

buy shib retards

>> No.27783112

>>27779275
Pretty much this. There’s no use actually holding anything other than btc and eth.

>> No.27783376
File: 30 KB, 1255x269, doge 0205.png [View same] [iqdb] [saucenao] [google]
27783376

did we forget already lol

>> No.27783473
File: 104 KB, 1244x846, 310EDAF6-CECF-4339-AD7A-BDB3D3782F7B.png [View same] [iqdb] [saucenao] [google]
27783473

>>27780172
>unlimited supply
>4% increase per year (inflation)
“It’s useless!” NGMI anon
>>27779505
This — pic related
>>27780322
See pic
>02-05-21 (tomorrow)
>06-28-71 (his birthday)
>05-04-20 (youngest son’s birthday)
There’s more but not gonna spoil them for you.

>> No.27783611

>>27783473
please based anon share you big brain 4d chess view with us <3

>> No.27783700
File: 84 KB, 1280x931, FE19F1AA-B86D-4B24-B67D-0A3C3D5F9FF7.jpg [View same] [iqdb] [saucenao] [google]
27783700

>>27783611
just mild autism and was in the breads last night when anons were investigating

>> No.27783895

>>27781334
The US has an army to tell you that its valuable.

>> No.27783904

>>27783700

The same thread this anon was talking about >>27781310 ?

>> No.27783993

>>27783473
>>27783376

Are we ignoring the fact that those amounts could've been sent by anons/reddittors/trolls? all the meme amounts are tiny.

>> No.27783994

>>27781981
fiat is infinite supply

>> No.27784111

>>27783994
And this is why nobody invests in FIAT, holding amounts of cash waiting for it to be more valuable. Because it doesn't happen.

>> No.27784117
File: 96 KB, 828x432, D157A8FB-93CE-4D19-94B6-6988A6912163.jpg [View same] [iqdb] [saucenao] [google]
27784117

>>27783904
Different bread I believe. IIRC anons came to the conclusion he had his fanbase pump the price to liquidate ~$20M in Dogecoin shorts.

If you look at the Robinhood and binance charts it started pumping around 2AM EST and Elon didn’t tweet until 3:30PM or 4AM when it went from 3 cents to 5.2 cents (which is when the shorts appeared).
>explains pic related

>> No.27784147

>>27783993
they're all from the same wallet

>> No.27784204

>>27784117

Beyond based

>> No.27784476

>Dogecoin is being mined by tesla chargers' extra capacity
nice move elon lmao

>> No.27785065

>>27777036
That's probably RH's wallet. How else do you think they are going to recoup their losses?

>> No.27785743

>>27777036
I agree with the OP! Someone is clearly buying a large volume. The only question is why.
There may be an option to remove zeros. -000.
There may be a variant of selling by a market order.))) Total volume) Then the price will drop to one 0.1.
Now everyone who was in hibernation unpacks their wallets and sells them for a penny. As it was with Bitcoin.
Everyone who believed in the coin bought it at the very bottom.
If you look at trade. Those who want to sell are much more than those who want to buy.
All expectations are now 0.2 more, no one is waiting yet.

>> No.27786029

>>27785743
It now has good liquidity.
Unlike MDOGE.
Or maybe the only thing that pushes the price is MDOGE.

>> No.27786218

Niggers tongue my anus

>> No.27786487

>>27779935
It’s nearly $2bn usd. What’s the possible global pool of people who would be willing to spend this amount to dump bags on if not tens probably hundreds of thousands of people.

>> No.27786653

>>27781112
If doge hits $1k being a trillionaire is pointless as a cup of coffee will be like 10 grand.

>> No.27786869

stop pumping fuckers, i need to buy the dip

>> No.27786882

>>27780284
>>27781456
You newfags are so fucking dumb. He’s a scary tip for you:
>Robinhood are holding a fraction of a percent of the crypto your wallets are showing.

>> No.27786959

>>27777036
Imagine dogecoin being the new Mars colony's currency

>> No.27787369

>>27786959
It is pretty obvious at this point really. Elon just isn't namedropping Dogecoin in any official capacity until he has +50% of the supply.

>> No.27787743

>>27786882
i doubt rh has any crypto. it's straight up paper trading over the price and there's no way to withdraw your crypto

>> No.27787810

>>27786959
Boomp

>> No.27788413

>>27777036
This is what happens when Elon realized Saylor is going to be richer than him in a year. Salty as fuck.

>> No.27788613

>>27777036
What the fuck. I can't believe no one is talking about this

>> No.27788796

>>27777036
So basically the value of this coin is entirely up to the whims of one person. When he sells everything, the price plummets and will never rise again.

>> No.27789473

>>27786487
>It’s nearly $2bn usd
You ESL retard newfag, just because the coins are currently worth 2 bil doesnt mean the entity spent 2 billion to get them.

>> No.27789606
File: 492 KB, 1080x1080, doogas.jpg [View same] [iqdb] [saucenao] [google]
27789606

pumpa for doobas

>> No.27791430

@27788796
they could be a woman too. why assume there gender ?

>> No.27791548

>>27787743
They have very small reserves but regardless buying crypto from them is so fucking stupid.

>> No.27791644

>>27780172
The sooner you spread the wealth the better. More means more value longer.

>> No.27791711

>>27781112
Money is meaningless. At worst he's helping elites bring in cashless society.

>> No.27791758

Elon considers this Charity.

It's something funny for him that helps smart poor people out there, he is obsessed with memes and considers doge a 10/10

>> No.27791804

>>27789473
Calm down you autistic cunt. You know what I meant and the point remains. The wallet was eight figure usd purchasing during the peak. I’m not saying it’s a Elon but
>huge buys during peaks
>no selling during the peaks
Makes it hard to believe this is some early fag adopter. It’s clearly not an exchange so something odd is up.

>> No.27793168
File: 242 KB, 1616x293, Screen Shot 2021-02-05 at 12.14.51 AM.png [View same] [iqdb] [saucenao] [google]
27793168

Tomorrow is two years since this account first received doge. Weren't there transactions with 02-05-2021 in them or something?

coincidence?

>> No.27793226

>>27793168
>this account

*wallet F

>> No.27793493

>>27793168
>>27793226

Great pick up anon, tell us if you see anything else <3

>> No.27793607

>>27777036
AAVE?

>> No.27793647

>>27793168
The 02052021 shit is anon's memeing. I don't get why everyone ignores this point every time it's brought up. This is a wallet anyone can send doge to. The random 69s, 420s, and "coded messages" are all tiny amounts any poorfag could send. Also those 02052021 transactions came through shortly after the wallet was posted on /biz/ and someone said something about there possibly being hidden messages in the amounts. I like the Elon theory but it's pathetic that people keep peddling the "coded messages" angle despite how flimsy the evidence is.

>> No.27793683

>>27786653
no, because less than 50k people in the world own any DOGE. the price of real goods you buy in a store aren't actually tied to any of this shit, including USD itself (the USD amount in actual circulation for purchase of real goods is entirely artificial).

>> No.27793758

It's a CHINK you retards. protecting his wealth from ccp, you're literally putting his life in danger, jannies help.

>> No.27793809

>>27793647
what do you think about all the little 69 transactions before doge was a thing?

>> No.27793873

>>27793647
Serious question: who else would possibly be holding such a massive amount of doge? That's big money.

>> No.27793939

>>27793873
chinks

>> No.27794112

>>27793809
>>27793873
Neither of these things are relevant. It could be elon, or it could not be. But the dates are completely made up bullshit. Don't get your hopes up for any grand happening tomorrow.

>> No.27794124

Imagine being so fucking stupid that you dont have even 15$ of doge, lol, porr faggots love to be poor.
a first class to mars please, our king will save us from this hell.

>> No.27794127
File: 6 KB, 225x225, 1611933312626.jpg [View same] [iqdb] [saucenao] [google]
27794127

>>27783895
you pick up virtual dog shit and you know it. youd even pay to eat it. gtfo out of here with army. army can kiss my anime watching bed sore having ass.

>> No.27794153

>>27777036
That is probably jason palmers wallet

>> No.27794177

>>27781334
The US Army will drone strike and (((liberate))) any dictator that dares defy the US Dollar. DOGE doesn't have a military.

>> No.27795075

What if Elon buys GME with DOGE to fuck with the hedgies?

>> No.27795213

>>27795075

then holding the line our diamond hands will rocket us to the moon !

>> No.27795355

>>27794177
can't bomb the internet

>> No.27795359

>>27777036

This is obviously an exchange wallet you absolute fucking retard

>> No.27795555

fucking autistic billionaires pumping shitcoins
what a time to be alive

>> No.27795659

>>27785065
They won't.
Robinhood got sacrificed to recoup hedge fund losses.

>> No.27795681

>>27777036
This is the most based post in a long time.

>> No.27795702
File: 28 KB, 800x600, 50-GeicoGecko-101507.jpg [View same] [iqdb] [saucenao] [google]
27795702

>>27788796
How fair can you make a one world currency? Do you announce an airdrop that evenly distributes to every person? Who gets to decide the time of the airdrop? How do you know everyone heard the announcement? What makes you think an evenly distributed currency won't just concentrate back into the same hands that have low time-pref and accumulate?

Elon and his timing of announcing dogecoin as the one world digital currency was very fair.
Doge was explicitly marketed as a joke that people should be fearful of devoting a big investment into and pushed as a lotto ticket instead of its original intention of being the last mover p2p digital cash. So in essence the general public had every chance to do their own research and think for themselves on the value of dogecoin on their own admission and they literally had years to pick it up for what was essentially free from mining, buying or even faucets.

The IQ test evolved into tests for your money and attention. Bitcoin forking infinite times all so segwit could overtake BTC ticker. Ethereum sucking up all attention with ICO erc20 scams and consistently failing spaghetti code and retards still think it could be used for serious applications. Who went against the grain and accumulated DOGE while everyone was paying attention to the big fish? The misdirection was intentional. Now we can get BTC and ETH like pump from DOGE, but only after elon finished bagging at multiples cheaper than the public. You are stupid and slow so why should you profit greater than elon?

>> No.27795825

>>27779201
>a currency has value equal to the value people believe it has

wooooow

>> No.27796589
File: 60 KB, 1268x560, sheeeit.png [View same] [iqdb] [saucenao] [google]
27796589

Elon is telling the SEC to do their job or people will lose faith in fiat system.
Money only has value because of faith. He's playing a very dangerous game promoting crypto currency. I seriously wonder how he sleeps at night as his industries are an existential threat to the current oil industry, the energy system, automobile industry.
He literally has the capability to develop intercontinental ballistic missiles and is investing very heavily into AI.

People dont understand how powerful Elon Musk is. I cant believe the madman is doing it.

>> No.27796643

lel are u an idiot?
wat a’fuck ur shilling here?
I am not a nigger who goes for shitcoins that they talk about here
waiting for bot ocean presale and their launch
wanna trade with top algorithms like a pro

>> No.27796977
File: 97 KB, 493x499, 1557363218658.jpg [View same] [iqdb] [saucenao] [google]
27796977

>>27796643
>hassam aly

>> No.27797028

>>27796643
mashallah brother

>> No.27797099

>>27793683
You’re assuming doge would be the only asset to go up. The most likely scenario in doge hitting $1k is almost all assets ballooning. Going to $1k would increase the market cap from $8.2bn to $1,775 trillion and make this wallet worth about $450 trillion usd. Do you still think that doesn’t exist in a world without insane usd inflation?

>> No.27797196

>>27779201
so like fiat currency

>> No.27797302

>>27777036
I only have 777 DOGE and I realised that RH doesn't have a wallet address. Meaning that I don't really own any doge to speak of.
How do I ditch robinhood and get doggie coins into a wallet that I can actually access?

>> No.27797423

>>27797099
In a world where we do away with USD and use DOGE, yes I can see that happening very easily.

>> No.27797896
File: 5 KB, 250x228, 1598939682819.jpg [View same] [iqdb] [saucenao] [google]
27797896

>>27795555
FUCKING CHECKED AND HAPPENING

>> No.27798134

>>27796589
They don’t understand how much he hates niggers for picking on him at South Africa school for the kill whiteys. This power is beyond God.

>> No.27798167

Bros? When does doge wake up?
I want to buy into AACG but I need to cash in some doggie coins first.

>> No.27798314

>>27798134
And yet he is still yet to open a white bank.
A white man's bank is literally our last chance. Since the (((censorship))), is now at the level of banks, and everything is downstream from banks, there is no reason to not found a white bank.
In the UK and US, banks have actually closed the accounts of political dissidents, without warning, for their views. This is the beast system fully realized.
Look up Laura Towler of Mark Collett. Both of their banks were shut down without warning because of the ADL.
ELON MUSK is the only white man rich enough to do this, and he has life experience to do it too.
Until Elon makes a white bank, I don't trust him as far as I can throw him.

>> No.27798327

>>27779774
It is an inflation bug retard. Someone is abusing it slowly

>> No.27798487
File: 518 KB, 590x638, Screenshot_105.png [View same] [iqdb] [saucenao] [google]
27798487

>https://twitter.com/elonmusk/status/1284291528328790016

They laughed at him, they called him crazy. They told him that he couldn't make electric cars that were beneficial, they said technology wasn't there yet. They told him he can't put together a commercial space flight company because it was "stupid". He now has a company that makes electric cars that work, with current tech. He also now has a company that's getting closer and closer to successful commercial space flight.

Now they're telling him he can't make dogecoin a global currency. Are you going to side with the rich elites who were wrong every step of the way? Or the guy that proved them wrong every step of the way?

>> No.27798813

>>27779572
when BTC cap is hit it will die in a deflationary death spiral and people will just abandon it
there has to be some way for people to get more, new money by doing work
dogecoin adds 5billion per year, this means the inflation rate is predictable and gets lower every year but people can still get more through mining
Elon has realized that BTC is worthless and that Dogecoin is basically just decentralized cash
he will probably put dogecoin wallets into Tesla’s through software update
haven’t bought and doge yet but I will

>> No.27800029

>>27798134
>They don’t understand how much he hates niggers for picking on him at South Africa school for the kill whiteys
One has to be completely retarded to think that black kids attended school with whites in Apartheid South Africa. Elon was kicked in the head by white kids.

>> No.27800201

>>27777036
haha imagine selling doge to elon