Dogecoin (DOGE) Discussion Thread

[BlackBall]

 

[Squirtle]

In.

But just so y'all know. We all playing with fire rn. Don't put anything in that you ain't scared to lose.

Quoting for emphasis, some people don't get this

 

[BlackBall]

 

[King]

Yea but if you put your Bitcoin in your wallet it should be ok right?

Yeah, your Bitcoin should be stored in a wallet. But most people don’t because they use coinbase and keep it in their centralized exchange.

I was mainly referring to cashing out for fiat or exchanging currencies

 

[Ya' Cousin Cleon]

Nah

other countries would just not accept it

which is why the whole "buy gold" stuff is just chasing your tail imo

Breh the entire global financial system would crash and money would be rendered useless.

There would literally be a doge standard

 

[FaTaL]

so somebody explain this like I''m stupid...

how does raising the stock of DOGE actually affect the value of it as a coin? Does the actual coin value rise along with the stock value?

Another poster explained it’s essentially a Ponzi scheme, u can make money but many will be left with nothing if u wait too long

 

[((ReFleXioN)) EteRNaL]

Dogecoin Price Index — Real-time Dogecoin (DOGE) Price Charts
It was flirting w/ .06 just a second ago
It's a steady .05 on RH rn

shyt is still .046 on binance

 

[Ish Gibor]

True, I won already
I got in when it was around a penny, so it hitting $.10 would yield me a cool grand

You can HODL anyway. Nothing to loose.

 

[Captain Crunch]

https://www.coindesk.com/price/dogecoin
Almost .07

 

[Ish Gibor]

Another poster explained it’s essentially a Ponzi scheme, u can make money but many will be left with nothing if u wait too long

It’s not a real Ponzi, but larger investors can manipulate the market that’s true.

 

[MikelArteta]

In.

But just so y'all know. We all playing with fire rn. Don't put anything in that you ain't scared to lose.

meh let’s ride the wave brehs

 

[MikelArteta]

I’m at 665 started at 200

 

[Captain Crunch]

shyt is still .046 on binance

It looks like it varies by site/app, peep the diff prices on the links below
Dogecoin (DOGE) live coin price, charts, markets & liquidity
DOGE

 

[You Win Perfect]

In.

But just so y'all know. We all playing with fire rn. Don't put anything in that you ain't scared to lose.

the stock market has always been 'playing with fire' you are definitely a newbie

 

[Neo. The Only. The One.]

Another poster explained it’s essentially a Ponzi scheme, u can make money but many will be left with nothing if u wait too long

thank you for that info but you're answering the wrong question


I'm talking the cryptocurrency itself. I don't understand the correlation between a cryptocurrency and that cryptocurrency's stock.

Is it stock = cryptocurrency? Meaning they share the same value? So if DOGE is at 5 cents, that if I were to actually open a digital wallet and cop an actual DOGEcoin, that each coin would be 5 cents?