So Elon Musk promotes dogecoin but buys Bitcoin? And people still buy doge? Hmmmm
Are you saying he...distracted people with a shitcoin? Oh no! Once i see a fat red candle on the dogeshitcoin and BTC daily, I am shorting the doge to the ground. Just a matter of time. he later said that he bought doggiecoin for his little X, so he might not be completely ambivalent about it. He told us 1.5Bn were spent on Bitcoin... How much exactly did he spend on Dogecoin? Man... I've been trading Doge for more then a week now. And I can tell you there is some weird buying pressure happening all the time. There is more money then there is dodge. And I made some simple math about the supply of doge per year, and it is way less then the amount the central banks are printing. Mathematically, deflation is unsustainable due to the infinite nature of having no cap. Once it gets so popular that miners decide to mine more doge, the market will quickly start diluting the price. Once the price dilutes, the people will start swapping it for Bitcoin. BULL'F-iNG-SHEEEEEiiiiTTTT!!!! The World NOW! All the World/ Earth needs a minimum of 20 Trillion $ per year to keep inflation above 0%. If they don't print 20+ Trillion $ per year, they go under 0% and that is deflation and that means you will buy stuff cheaper in the supermarket for the same money you had. And now when it comes to Doge, if our favorite meme Doge coin can only produce around 5.256 billion coins per year, then that means there is a deficit of 19.994744 $ US Trillion. So that means that Doge needs to be at around 20$ US per coin then add like between 0.5% and 2% increased value per year for it to keep a moderation on inflation. (even if at this point it is 100% a deflationary coin, even with the 10K coins per minute. Basically you would need between 150K < > 250K coins per minute of Doge to be released on the market for the inflation of the World to stay above 0% ... is that clear enough for you??)
|
|
|
no...wrong direction ... up, up, up...
mofo... I did say like 2-3 pages ago... next 24 hours is sideways! 1000$ loss ... bear market is comming ... Well... it will just go zZig-Zag for a few days up & down & up & down. Probably price discovery needs to take place after the news of the Tesla big buy was taken into account and the supply needs to be tested to see how dry or high it is.
|
|
|
no...wrong direction ... up, up, up...
mofo... I did say like 2-3 pages ago... next 24 hours is sideways!
|
|
|
^^^ There will be 10 000 Doge per block forever. Last 24h 1359 block where produced, almost a block per minute.
Yes! I understand what you are saying!!! But 10K per minute is not enough to adjust for inflation. There needs to be more. And it can't be more. Cuz that means it would need for the network to fork.
|
|
|
So Elon Musk promotes dogecoin but buys Bitcoin? And people still buy doge? Hmmmm
Are you saying he...distracted people with a shitcoin? Oh no! Once i see a fat red candle on the dogeshitcoin and BTC daily, I am shorting the doge to the ground. Just a matter of time. he later said that he bought doggiecoin for his little X, so he might not be completely ambivalent about it. He told us 1.5Bn were spent on Bitcoin... How much exactly did he spend on Dogecoin? Man... I've been trading Doge for more then a week now. And I can tell you there is some weird buying pressure happening all the time. There is more money then there is dodge. And I made some simple math about the supply of doge per year, and it is way less then the amount the central banks are printing. Well no. Doge been inflating over 4%, the average of fiat over the last 100 so years is 2.3%, sure way more in resent times but a 4% value loss per year you my be ok with not so many more. Well do u think 4% will be enough for them ?? NO! Compared with their actual printing system, Dodge has a soft cap based on time. And their current system uses ATM machines that need electricity and maintenance, but that doesn't justify their endless capacity on demand "printing" endless sums with endless zero's just because they want. Also, in some years lets say Dodge will be 2$ and some years it will be 0.74$. But that will be normal and it will be a good incentive. ^ But I don't rly believe this will be much possible, since there will be some sort of hoarding and manipulation on the markets.
|
|
|
Can you please explain this part to me? I though the supply was supposed to be infinite for Doge, not capped like BTC? Isn't that one of Doge's demerits? Why is the supply low if there is no hardcap? Compared with the banking system 1 Dollar (US/CA/AU) / Euro / Pound =/= 1 Dodge . I mean when they say they need to print 1 trillion of Dollars / Euro or wtf... well sh!t, they can't do that! Because they only get like 5,256 billion dodge per year. (10K per minute... x60 minutes .. x24 hours ... x365 days and u get that 5256 billion number) Basically if the European Union, the US and other countries would like to adjust for inflation and they would need each 1 trillion of their currency. Well they can't adapt and adjust for inflation, because they have less. So the current supply is not enough for the inflation demand that we need. So basically the price will go up even with 10K coins per minute. Also the miners will be more and the 10K per minute will start splitting between each other less and less. So if u think that 1 person or 10 people get that 14,4 million Dodge per day and each has a million. You are wrong. Some big miners if they get 1-2K per day and some get just a few hundred with a small home setup. So, more miners, less coins, not enough inflation, much inflation needed, much WoW!
|
|
|
So Elon Musk promotes dogecoin but buys Bitcoin? And people still buy doge? Hmmmm
Are you saying he...distracted people with a shitcoin? Oh no! Once i see a fat red candle on the dogeshitcoin and BTC daily, I am shorting the doge to the ground. Just a matter of time. he later said that he bought doggiecoin for his little X, so he might not be completely ambivalent about it. He told us 1.5Bn were spent on Bitcoin... How much exactly did he spend on Dogecoin? Man... I've been trading Doge for more then a week now. And I can tell you there is some weird buying pressure happening all the time. There is more money then there is dodge. And I made some simple math about the supply of doge per year, and it is way less then the amount the central banks are printing.
|
|
|
Why do I have in my mind and can't shake it away... that u'r "TheMayor" the bit-corn one... hmmm?? or microgoosen? *edit: And where the f^ck is nazi R0ach??
|
|
|
[...] At about 1900, 40% of cars where electric, 38% where steam powered, and 22% run on gasoline. Electric cars died about 1935 with reviving attempts again and again. Range you say The Lohner–Porsche Electromobile was the first hybrid vehicle in 1900 YOU F^CKERS DON"T WANT TO BELIEVE ME THAT WHATEVER THE F... ELON TOUCHES ! IT TURNS TO SHEEEEIIII!!!!!TTTTTTT ! The man has a track record of trying to dumb down things, just for the sake of his agenda.
|
|
|
He is not targeting you pal. So don't take it seriously. He trolls the internet, so maybe wait for the next pomp. They say next one is at $60k so we will just wait and see like good elon musketeers. It's good that it felt like I was serious. It means that I have trolling power!
|
|
|
19th ATH since the 3rd halving. RIP bears [...] Hey!!!! Look at the fall of the price after each cycle!!!!! Its almost like it is flattening and the dip for the bears after each bull run is becoming less and less of a dip. Looks like an "Adoption Curve".
|
|
|
for those of you hoping sars-cov2 is going to go away there is some possible bad news ahead. Vaccines might be only 10% effective against the new strains, that seem to 'evolve' on a timeline curiously just out of reach for vaccine development
it is possible the new vaccine variant rollouts every 9 months will make big pharma stupendous profits for 5-10 years at least, ( they found over 2k bat coronaviruses in the cave in Yunnan for future reference, and can dial in any old spike protein you like in the Wuhan lab of virology, and who really knows what Mother nature will throw up when you open that Pandora's Box and let it run wild in humanity for a decade??)
and in case the plagues are not depressing enough for you here's something to sober you up properly.
the historical schedule with a progression of plagues, civil unrest, political extremism, monetary upheaval, currency wars, trade wars and finally hot war has escalated to the product hoarding and blockade stage (china has now raided the grain markets and ceased semi-conductor exports).... hot wars are a very real possibility in the near future " when goods stop crossing borders armies start crossing borders"
And remember, a patient cured is a customer lost. ~big pharma Quick! To be honest.... As long as you f^ckers plant those trees that I keep telling about... at least 10% of your holdings of Sats. Then I'm happy, no matter the coin type you hold. I'm not asking 100%, even if some of you can do an eco project with u'r kids by sprouting a few Pine Cone seeds and maybe some Acorn seeds. But yeah, sprout a few trees each year and then plat them on peaks of hills so they can multiply downhill with some more seeds. *edit(0): cuz even the world ends in a "Citadel Nuclear Holocaust", at least you will leave a green planet behind.
|
|
|
Sorry guys I got caught by life a lot lately but still this is the best time to be alive really. I remember when a few of us where here during hard times, giving strength to one another, always sharing why at some point we would have been inevitably where we are today. Thank you all! Enjoy the ride WOers! #loveyouall #nohomo
We can tell you cure for corona if life dominates you! No corona, just simple and plain life. Before Corona, I always felt depressed and down. It was a vitamin deficiency. And after Corona... I've been taking 3x dose of daily "recommended" vitamin dose. And I feel great, almost feels like cocaine!!!
|
|
|
Sorry guys I got caught by life a lot lately but still this is the best time to be alive really. I remember when a few of us where here during hard times, giving strength to one another, always sharing why at some point we would have been inevitably where we are today. Thank you all! Enjoy the ride WOers! #loveyouall #nohomo
We can tell you cure for corona if life dominates you!
|
|
|
good thing I only bought 500 doggy coins
HFSP! ofc he will be poor.
|
|
|
Interesting date this Friday; 12022021
Palindrome. Pokemon!
|
|
|
|