Maxman Posted May 5, 2021 Share Posted May 5, 2021 I am fascinated by DOGE Coin. Got in at .05. More importantly I am talking about it to myself in the Lounge. Any Doge people out there stop by this thread --> :) Quote Link to comment Share on other sites More sharing options...
mfmartin Posted May 5, 2021 Share Posted May 5, 2021 I am fascinated by DOGE Coin. Got in at .05. More importantly I am talking about it to myself in the Lounge. Any Doge people out there stop by this thread --> [/url] My wife bought it at .02 and is rolling Sent from my iPhone using JetNation.com mobile app Quote Link to comment Share on other sites More sharing options...
Skeptable Posted May 5, 2021 Share Posted May 5, 2021 Be careful... when it goes, it will be fast... take profit as it goes up. 3 Quote Link to comment Share on other sites More sharing options...
Lupz27 Posted May 5, 2021 Share Posted May 5, 2021 Doge to the moon! Did I do that right? 1 Quote Link to comment Share on other sites More sharing options...
Maxman Posted May 5, 2021 Author Share Posted May 5, 2021 47 minutes ago, mfmartin said: My wife bought it at .02 and is rolling Sent from my iPhone using JetNation.com mobile app Wow that is great! Quote Link to comment Share on other sites More sharing options...
Maxman Posted May 5, 2021 Author Share Posted May 5, 2021 39 minutes ago, Skeptable said: Be careful... when it goes, it will be fast... take profit as it goes up. Took some profit for the first time last night at .49. Had a limit sell order in which hit at 5am. Not even 24 hours later it is at .68. Insane. 1 Quote Link to comment Share on other sites More sharing options...
fullblast Posted May 5, 2021 Share Posted May 5, 2021 Talked myself out of it at .08, then again at .30. Seems a bit too dicey to buy in now. Bah well. 1 Quote Link to comment Share on other sites More sharing options...
k-met57 Posted May 5, 2021 Share Posted May 5, 2021 i put in 50 bucks as a joke in early january...currently at 3500 lol 2 Quote Link to comment Share on other sites More sharing options...
Popular Post Biggs Posted May 5, 2021 Popular Post Share Posted May 5, 2021 A sure sign we are heading toward an epic depression. This is a duplication of the "tulip" bubble in Holland in the 1600's. 4 1 Quote Link to comment Share on other sites More sharing options...
Sonny Werblin Posted May 5, 2021 Share Posted May 5, 2021 The value is completely artificial based on manufactured speculative demand. And I'm not even sure you can call it speculative, because there is no basis for it to EVER have value. It's like investing in Bernie Madoff's fund because your friend did and had a great return. None of it is real. A wise dearly departed friend always use to say that when it comes to investments if it seems to good to be true, it most definitely is a bad investment. 4 Quote Link to comment Share on other sites More sharing options...
Hael Posted May 5, 2021 Share Posted May 5, 2021 All of these are pump and dump schemes that are quite divorced from fundamentals. It’s very 2006 like, except this time it’s in stocks and not derivatives and real estate. if you like to gamble, knock yourselves out. Just don’t bet the kids college funds. 2 Quote Link to comment Share on other sites More sharing options...
King P Posted May 5, 2021 Share Posted May 5, 2021 3 Quote Link to comment Share on other sites More sharing options...
Patriot Killa Posted May 5, 2021 Share Posted May 5, 2021 I been looking into this. Have not the slightest clue about buying stock in cryptocurrency but would like to learn and make a few bucks back once I figure which ones to invest in at which time. Will take some time studying it’s habits. Quote Link to comment Share on other sites More sharing options...
SAR I Posted May 5, 2021 Share Posted May 5, 2021 My eldest son has been talking and buying crypto since 2015. If only I'd given him $1,000 back then instead of the $100 we settled on. SAR I 2 Quote Link to comment Share on other sites More sharing options...
aagarcia Posted May 5, 2021 Share Posted May 5, 2021 invest in $RSR reserve protocol. Thank me later Quote Link to comment Share on other sites More sharing options...
Skeptable Posted May 5, 2021 Share Posted May 5, 2021 10 hours ago, Maxman said: Took some profit for the first time last night at .49. Had a limit sell order in which hit at 5am. Not even 24 hours later it is at .68. Insane. Maybe early but you see how fast that came down... this is the beginning... it might come close to $1 but some big hands are selling Quote Link to comment Share on other sites More sharing options...
rillo Posted May 5, 2021 Share Posted May 5, 2021 I wish I knew enough or had the money to blow. Seems like a good pump n dump scenario, but that funny money has me wondering. I hope you make some money though. Good luck 2 Quote Link to comment Share on other sites More sharing options...
CanadienJetsFan Posted May 5, 2021 Share Posted May 5, 2021 You know, when we start discussing investment opportunities on Jetsnation.com.... all i can say is, take the money and run! "Cryptocurrencies basically have no value and they don't produce anything. They don't reproduce, they can't mail you a check, they can't do anything, and what you hope is that somebody else comes along and pays you more money for them later on, but then that person's got the problem. In terms of value: zero." - W Buffett 1 1 Quote Link to comment Share on other sites More sharing options...
Warfish Posted May 5, 2021 Share Posted May 5, 2021 1 Quote Link to comment Share on other sites More sharing options...
jgb Posted May 5, 2021 Share Posted May 5, 2021 Spam. lock and dump. Quote Link to comment Share on other sites More sharing options...
Lupz27 Posted May 5, 2021 Share Posted May 5, 2021 4 minutes ago, CanadienJetsFan said: You know, when we start discussing investment opportunities on Jetsnation.com.... all i can say is, take the money and run! "Cryptocurrencies basically have no value and they don't produce anything. They don't reproduce, they can't mail you a check, they can't do anything, and what you hope is that somebody else comes along and pays you more money for them later on, but then that person's got the problem. In terms of value: zero." - W Buffett You can actually buy things with Doge, it’s become a form of currency, you can pay for your Dallas Mavericks tickets with it. 1 Quote Link to comment Share on other sites More sharing options...
JetBlue Posted May 5, 2021 Share Posted May 5, 2021 7 minutes ago, CanadienJetsFan said: You know, when we start discussing investment opportunities on Jetsnation.com.... all i can say is, take the money and run! "Cryptocurrencies basically have no value and they don't produce anything. They don't reproduce, they can't mail you a check, they can't do anything, and what you hope is that somebody else comes along and pays you more money for them later on, but then that person's got the problem. In terms of value: zero." - W Buffett There have been thousands of millionaires created in the blockchain and the crypto space in the last 5 years. Buffet is old school. He is by no means an authority on this. Do your own due diligence before you pass on a fortune. We are basically talking about the deregulation of money and finance (Defi) as we know it. 3 1 Quote Link to comment Share on other sites More sharing options...
SayNoToDMC Posted May 5, 2021 Share Posted May 5, 2021 We where allowed to spend our stimulus checks on things other than DOGE or Gamestop? Quote Link to comment Share on other sites More sharing options...
Jdub03 Posted May 5, 2021 Share Posted May 5, 2021 4 hours ago, Patriot Killa said: I been looking into this. Have not the slightest clue about buying stock in cryptocurrency but would like to learn and make a few bucks back once I figure which ones to invest in at which time. Will take some time studying it’s habits. The easiest way is to create a coinbase account to get you started. They're reputable and trade many coins and cash, although not the one in this discussion. But, it can give you exposure cryptocurrency. At one point I had accounts with many others exchanges (for specific coins), now I'm too lazy to manage them like I used too. Check it out, you can see some good info on app. 2 Quote Link to comment Share on other sites More sharing options...
Skeptable Posted May 5, 2021 Share Posted May 5, 2021 25 minutes ago, CanadienJetsFan said: You know, when we start discussing investment opportunities on Jetsnation.com.... all i can say is, take the money and run! "Cryptocurrencies basically have no value and they don't produce anything. They don't reproduce, they can't mail you a check, they can't do anything, and what you hope is that somebody else comes along and pays you more money for them later on, but then that person's got the problem. In terms of value: zero." - W Buffett same with federal promissory notes... so take that quote with a grain of salt 1 Quote Link to comment Share on other sites More sharing options...
JetPotato Posted May 5, 2021 Share Posted May 5, 2021 CumRocket (yes, that's actually what it is called) is the next Doge, only this one actually has a use. 1 Quote Link to comment Share on other sites More sharing options...
bealeb319 Posted May 5, 2021 Share Posted May 5, 2021 The only way you should mess with imaginary coins in my opinion is to set a number you can live without maybe 20 bucks maybe 100 bucks whatever your situation allows buy it and walk away and don't look at it again. If it spikes up big you will hear about it from someone else and you can sell.Sent from my Pixel 2 XL using JetNation.com mobile app 2 1 Quote Link to comment Share on other sites More sharing options...
Skeptable Posted May 5, 2021 Share Posted May 5, 2021 16 minutes ago, bealeb319 said: The only way you should mess with imaginary coins in my opinion is to set a number you can live without maybe 20 bucks maybe 100 bucks whatever your situation allows buy it and walk away and don't look at it again. If it spikes up big you will hear about it from someone else and you can sell. Sent from my Pixel 2 XL using JetNation.com mobile app If 'Imaginary' coins as you put it have no value... then neither does a dollar bill. 2 Quote Link to comment Share on other sites More sharing options...
Warfish Posted May 5, 2021 Share Posted May 5, 2021 10 minutes ago, Skeptable said: If 'Imaginary' coins as you put it have no value... then neither does a dollar bill. A dollar Bill is backed by the full faith and credit of the United States, backed by the U.S. Economy and productivity. It is the worlds reserve currency. Most rational folks understand there is a world of difference between the U.S. Dollar, and asset-unsupported Dogecoins or Bitcoins or "the CC of the moment". The only value propping these up is the hot air of those talking about them. Hence the massive volatillity in their markets. Enjoy the profit taking now, sure, just be mindful the entire cryptocurrency thing is not likely to be a sound long-term investment. Another crash is assuredly inbound as we speak. Alot of folks are going to make serious bank in the short run, and alot more are going to lose a literal ton in the long run. 2 Quote Link to comment Share on other sites More sharing options...
Skeptable Posted May 5, 2021 Share Posted May 5, 2021 2 minutes ago, Warfish said: A dollar Bill is backed by the full faith and credit of the United States, backed by the U.S. Economy and productivity. It is the worlds reserve currency. Most rational folks understand there is a world of difference between the U.S. Dollar, and asset-unsupported Dogecoins or Bitcoins or "the CC of the moment". The only value propping these up is the hot air of those talking about them. Hence the massive volatillity in their markets. Enjoy the profit taking now, sure, just be mindful the entire cryptocurrency thing is not likely to be a sound long-term investment. Another crash is assuredly inbound as we speak. Alot of folks are going to make serious bank in the short run, and alot more are going to lose a literal ton in the long run. Crypto is going to replace the dollar bill... not in its current form... but enjoy those dollars while you can because they are going to become a thing of the past soon. Fiat dollar is only backed by banks and only till its not... look at foreign countries whose economies have crashed and see how much those 'dollars' are. What you consider stable has slowly been dismantled when they stopped backing the value of it with physical objects... now the ONLY reason you consider it 'safe' is because you have faith that your gov't will keep the value of that dollar and continue to back it. When the gov't starts its own Crypto... the dollar bill will end up being a piece of paper. So you can bash Crypto all you want, but the reality is that thing you consider safe, is no safer then crypto and maybe even less so as time goes on. 1 2 1 Quote Link to comment Share on other sites More sharing options...
Sonny Werblin Posted May 5, 2021 Share Posted May 5, 2021 1 hour ago, JetBlue said: There have been thousands of millionaires created in the blockchain and the crypto space in the last 5 years. Buffet is old school. He is by no means an authority on this. Do your own due diligence before you pass on a fortune. We are basically talking about the deregulation of money and finance (Defi) as we know it. What gives cryptocurrency value? My feeling is that people are counting golden eggs while the barn slowly burns to the ground. 2 Quote Link to comment Share on other sites More sharing options...
Lupz27 Posted May 5, 2021 Share Posted May 5, 2021 3 minutes ago, Skeptable said: Crypto is going to replace the dollar bill... not in its current form... but enjoy those dollars while you can because they are going to become a thing of the past soon. Fiat dollar is only backed by banks and only till its not... look at foreign countries whose economies have crashed and see how much those 'dollars' are. What you consider stable has slowly been dismantled when they stopped backing the value of it with physical objects... now the ONLY reason you consider it 'safe' is because you have faith that your gov't will keep the value of that dollar and continue to back it. When the gov't starts its own Crypto... the dollar bill will end up being a piece of paper. So you can bash Crypto all you want, but the reality is that thing you consider safe, is no safer then crypto and maybe even less so as time goes on. This The most forgotten thing in the history of this country is how the government bankrupted the country and had to bend the knee to JP Morgan getting the country away from the only safe backing Gold. 1 1 Quote Link to comment Share on other sites More sharing options...
Lupz27 Posted May 5, 2021 Share Posted May 5, 2021 1 minute ago, Sonny Werblin said: What gives cryptocurrency value? My feeling is that people are counting golden eggs while the barn slowly burns to the ground. Billionaires who are investing heavily in them and giving people a platform to spend their coins like at Tesla and Amazon. 1 1 Quote Link to comment Share on other sites More sharing options...
Creepy Lurker Posted May 5, 2021 Share Posted May 5, 2021 4 minutes ago, Sonny Werblin said: What gives cryptocurrency value? My feeling is that people are counting golden eggs while the barn slowly burns to the ground. Here’s some financial advice: if you slowly burn an egg, you get an omelette.........what are we talking about again? 2 Quote Link to comment Share on other sites More sharing options...
Warfish Posted May 5, 2021 Share Posted May 5, 2021 12 minutes ago, Skeptable said: Crypto is going to replace the dollar bill... not in its current form... but enjoy those dollars while you can because they are going to become a thing of the past soon. Fiat dollar is only backed by banks and only till its not... look at foreign countries whose economies have crashed and see how much those 'dollars' are. What you consider stable has slowly been dismantled when they stopped backing the value of it with physical objects... now the ONLY reason you consider it 'safe' is because you have faith that your gov't will keep the value of that dollar and continue to back it. When the gov't starts its own Crypto... the dollar bill will end up being a piece of paper. So you can bash Crypto all you want, but the reality is that thing you consider safe, is no safer then crypto and maybe even less so as time goes on. I'm not bashing Crypto per se, and I don't think the Dollar is 100% "safe" per se either. With that said, no, I don't think it's "going away" any time soon. If you want to get your paycheck in Dogecoin, be my guest my friend, invest however and in whatever you see fit. I hope you don't lose too much in all that instability and volatility or in the next crypto crash. Personally, I like Land. 2 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.