/biz/ - Business & Finance

[Anonymous No.54602317]

Dogecoin is going to be the "one", it will replace fiat talmud currency.
Hear me out faggots.
Bitcoin is obviously the only true crypto and all others are shit derivatives especially PoS shit like eth, that shit is all worthless.
But. Dogecoin has the benefit of being shilled by Elon and having a perceived cheapness and accessibility to it (there was a term for this, for how it appears to be easier to adopt because one doge is worth 8c rather than something like 1 BTC = the price of a house deposit).

That said, I think it can crash significantly from here because of the usual cycle. But for something that will actually be practical money or currency long-term, I can't think of anything that has this much going for it.
I'm planning to buy in again after the impending recession takes it back to under a cent.

Long term this is the one. Fuck all your other supposed utility trash like link or eth. Also fuck BTC because it will never break that premium feel in the minds of the masses who already feel they missed the boat. It's analogous to how gold is correlated with silver.
Currency has more to do with human psychology than this board is willing to admit.

Doge is going to be the next global currency, as crazy as that sounds.

[Anonymous No.54602345]

well there's retail money and institutional money and we can use human psychology to guesstimate the retail investor but the institutional investors aren't human, they're from a mole-like species that has lived within the hollow earth for millions of years farming sentient humanoids like us as cattle

[Anonymous No.54602386]

>>54602345
They'll end up following the majority in the end. I guess parallel currencies would work for a while, kind of how chinks are now putting up the yuan as competition to the dollar. But in the end, doge will end up as the winner.
I'm willing to hear a sound argument for why I'm wrong. And yes I know you can count in says but the masses don't give a fuck about sats. They hear 1 BTC costs as much as a house in a developing country (this is where doge will have a huge advantage, because it will be perceived to be "in reach" of developing countries, and that will add to the momentum to adopt it elsewhere). This has to work everywhere at once.

[Anonymous No.54602466]

>>54602317
what is the suicide stack of that piece of shit? I hold 1.5k doges i believe, it is my smallest hold.

[Anonymous No.54602492]

>>54602317
Doge is digital silver.

[Anonymous No.54602538]

Found it

[Anonymous No.54602672]

>>54602538
it's so frustrating, i've tried explaining the relationship between market cap and supply to such people and so often they just don't get it

[Anonymous No.54602705]

>>54602386
>I'm willing to hear a sound argument for why I'm wrong.
what happens when doge is at $10 or $100? i dunno ten dollars for an entire coin i can't afford it! lol

but really at what point do the idiot pricecels see a price as too high? a dollar? ten dollars? its all so arbitrary i can't imagine

[Anonymous No.54602756]

>>54602466
at one point I had 2.4 mil doge aand sold it all off cuz it was on robinhood and I couldnt transfer it. it later went to .74 or whatever and I would have made a mint off it. oof

[Anonymous No.54603565]

this will moon the hardest

[Anonymous No.54603648]

>>54602672
Human psychology has developed over millions of years, it won't be changed in a hurry. Better to just accept the highest probability outcome. Dogecoin isn't the worst crypto, not by a long way. Kinda glad Elon had the insight to go with it over the others. He must have reached the same conclusion.

[anon No.54603676]

>>54602317
It's a known fact that doge inspired projects are going to pump on 4/20(doge day)

I added a bag of updoge.

marketcap is at 1k. Easiest 10-100x.

[Anonymous No.54603819]

>>54603676
Sorry ranjeesh, we aren't buying your counterfeit DOGE. There is only one true doggy coin.

[Anonymous No.54603847]

Is 10k DOGE enough to make it?

[Anonymous No.54603902]

dogecoin is technically inferior to monero, so this isn't happening

[Anonymous No.54603954]

>>54603902
It's the exact reason it is happening
Normies are less likely to appreciate and adopt monero
Globohomo also obviously wishes for a public ledger
Look at the normoid cattle running for the Vax cutting their dicks off and kneeling to groids
It should have been Monero
But it will be doge

[Anonymous No.54603991]

>>54603847
How's 12k sound
100-200k seems to be the suicide stack now
1M make it stack

[Anonymous No.54605028]

>>54602317
I agree. DOGE will most likely be either the first or second (after ETH) to surpass the BTC marketcap. If they want mass adoption with millions of people actually using crypto then here it is baby, it doesn't get any better.

[Anonymous No.54605070]

impossible to scale without using nChain propriety tech, its dead in the water.

[Anonymous No.54605338]

>>54602317
>X coin will replace fiat currency
Sure pal, meanwhile everyone here is taking profits from multiple coins. Bottom line is, no one really cares about which coins are the supposed best. Just hop on into Dextools, invest in any coin you like and keep making money. As long as you keep making money you're allowed to spit so much stupidity

[Anonymous No.54606077]

>>54602538
I have this, but only because convenience store wagies lose their goddamn mind if you try to pay for a 99c drink refill with a 20 dollar bill.

[Anonymous No.54606092]

>>54603676
What's updoge?

[Anonymous No.54606111]

>>54602756
I had 1.82 mil and traded it for BTC when it hit 3.3 cents, then it hit 70 cents or whatever a month later. Worst decision I've made in my entire life.

[Anonymous No.54606128]

>>54606092
Nuthin much, sup wichu?

[Anonymous No.54606262]

>>54606111
Damn I swear I either remember you posting or there was another fool doing the same thing
Run up to 3 cents seemed unreal even then, lots of doge oldfags took profits

[Anonymous No.54606379]

>>54606262
Probably me. My initial buy-in was about $1000 in 2013 spread over several months, then it just sat in my wallet for years. So I still made out like a bandit. But if I'd held just a couple more months I would have made life-changing money for me.

[Anonymous No.54606992]

Hello fagets it is I. 1.2 m doge holder.
What should I spend my future millions on?