Do You Own a Dogecoin?

As I am sure you are all aware Dogecoin has recently been skyrocketing with over 400% increase in the last day alone and has even been tweeted about in a very subtle manner by Elon Musk.

So I ask you, my dearest reader, have you made an investment in Dogecoin as of yet?


Mod: Edited poll wording.

Poll Options

  • 147
    Yes, I own Dogecoin
  • 294
    No, I do not own any Dogecoin

Comments

  • +131

    That poll is dumber than a dogecoin.

    • +32

      Reported to SEC for market manipulation.

    • +1

      Came here to see the smart comment, you win.

      What a poll….

    • impossible

    • The poll seems dodgy 🤣

    • Nope sold it all, back to accumulation at 15-20 sat now. In some months later sold it at top again. Rinse. Repeat. GG

    • Its honestly impressive

  • -1

    83% of people don't like 🐶.

    • Is there a Cadecoin yet?

      • There’s a reason why suits don’t venture into the Altcoin forest. All trades are publicly broadcasted before they’re confirmed and can be front run by anyone. Neither the SEC nor their mamma can help them from getting rekt.

        There are bots constantly scouring the blockchain looking for arbitrage opportunities. Multiple bots can fight over the same trade in a blink of eye leaving the original trader unaware that they’ve been front run.

        • -4

          ok boomer

  • +32

    If I received an email worded like that it would be marked as spam and sender blocked.

  • +3

    I was going to buy bitcoin then i worked out it was just easier and much more efficient to stand on the corner and just give random people my money.
    It has the same result in the long run.

    • +4

      Less risk of a Covid-19 infection with BTC…..

      Just say'n

      • 👺 vs ₿. 🤔 💡 📈.

      • I use PAYID or Beem to avoid close contact ;)

    • +9

      or just go to Casinos, same result but much much quicker

    • +8

      Same shit coming out of people's mouths since the day it was < $1 and now look at it. Boo hoo

      • 100%. If you don’t think btc has any intrinsic value by now then I’m sorry but you’re not a good investor

        • but… it doesn't have intrinsic value. there is no bottom like a coin you can melt for metal

          • +1

            @creamandpaper: How many people do you know that has bought a Troy ounce and melted it into metal?

        • +1

          I didn't realise high risk gambling = a good investor. Would you recommend lottery tickets as well just to ensure I'm diversified properly?

          • @DingoBilly: Buying an asset that may give an asymmetrical return is investing. Buying a good like a lottery ticket is a game of chance. They operate under different conditions where the outcome for the latter is random while the former may be influenced by sentiment, technical and/or fundamental events.

        • Or you're just not easily swayed by media and mob manipulation.

          Cryptocurrency is only worth what the corporate overlords (and their market sheep) decide it's worth. The people at the top don't have your best interests in mind and would sell you out faster than their own mother if it meant making a buck.

          Ultimately, investing it bitcoin is a matter of giving away real money for imaginary money that claims to be decentralised but still wants your real money as backing. It's an elaborate scam.

  • +2

    It always corrects.

    • -1

      false

      • +1

        Already correcting….

  • are they free?
    i thought people should pay me to keep something doddgy ,,,,,…

  • -1

    It flipped the big ones in vol.
    https://nimb.ws/4FvpKS

  • +4

    Dodgycoin, dodgy poll

  • -4

    Lmao i made a comment on the other post and people down voted it. It was $0.035 then. Now it is $0.10, cash out principal + $5k profit with an extra 32k dogecoin for hodling purposes. See ya all when it is $1.

    • -6

      $.10!? And possibly $1 in the future!? Oh noooo we are soo envious! We lost boys GG… for real though appreciate the financial advice for anyone needing it. I just think it’s your tone we’re downvoting.

    • Finally a fellow investor, my investment has already doubled since this morning and we are just getting started! Holding to the moon and beyond!

      • +6

        Convert to Eth or bitcoin, it's a pump and dump.

      • Which platform?

    • 👍

    • Let's the number speaks for itself. https://www.tradingview.com/x/0n7L245C/

      Back to accumulation at 20 sats. Still not convince, looks at what happen to BTC when DOGE start losing it momentum.

    • I don't think you understand how dogecoin works. It's value will stay low by design. There is no supply cap like Bitcoin, the supply of dogecoin is infinite.

  • +2

    Don't spam.

  • Litecoin next.
    Someone tweet Elon and WSB

  • +4

    I’m a cat fan.

    Maybe I should start a cat coin.

    You guys can all buy a Cat coin for $10 Each from me. I’m only making 1mill so get in fast before they run out ok.

    Just for exclusivity no one can buy more than one coin, I don’t want this deal broden

    • stop scamming people

      • +1

        Ok sorry, I’ll rename it Liter coin instead

    • Cat coin sounds good. What is your consensus mechanism?

      • +2

        Cant be proof of work, cats never do any work.

  • How does one buy these mythical fanciful coins?

  • How i do buy this coin? 😂

    • +1

      Send me $100

      Just kidding, I use CoinSpot

      • Oh coinspot! Don't even know much about this coin is it worth it?

      • What wallet do you use? Can I just use the coin spot wallet? Thx

  • -1

    Troll or news?
    https://nimb.ws/UrOPf1

  • +1

    Just bought 600usd worth. Lets see how this gamble goes

    • Good luck

      • Gonna take the gamble that it will reach $10

        • +9

          That will never happen. 128b circ supply @ $10 would be over 1tril mcap, that's more then the entire crypto market combined.

          • @xpliset: also unlimited supply and mining…

          • +1

            @xpliset: Never say never in this market.

            ETH is shopping around at 1315 and its supply is uncapped. DOGE could 25x in the next 119 years.

          • @xpliset: I would be thrilled if my A$90 punt at A.34 can be sold for A$1,000 one day. I think that's within the realm of possibility.

        • Doge day looks like it was good for the whales .. pretty sure the pods will be out for SNL. Goodluck, but I'm gonna sit this one out.

    • Don’t forget to upvote on reddit!

    • +1

      Looks like a good gamble today if you're still holding.

  • was thinking I should go DOGE like a true Alt-ist, but decided to yolo on XLM (still doing ok), and NANO instead (-15% atm ) LMAOOOOOO

    • XLM/XRP just touch the golden pocket two days ago. They both look ripe for a pump after grandpa BTC does his thing.

      • around 330 there was a good sign where it hit .48 then dumped again straight after

        • It's ok. Be patient.

        • XLM .35 & XRP .67

          • @whooah1979: NANO moon when?

          • @whooah1979: The best thing to come out of this frenzy is that I remembered I have 1400 xlm from a keybase giveaway in 2019/2020. Was worth like $60 now $600

    • Which platform do you use to purchase? Coinbase?

  • +2

    My Shiba inu was born in December 2013…. Same as this coin…. Why the fk do I not own any doge?

    • +1

      You have a real doge! Much better than any coin could give you :D

  • Up up and away

    • Problem is people are not holding the coin. They are panic selling everytime it shoots up

  • +2

    if dogecoin is code for dogsh*t i've got plenty of them in my backyard

    • +2

      What wallet do you keep them in?

  • I lost my doge years ago. I don’t even know what wallet to use or how to get more these days, yes I’m a crypto luddite.

    • +1

      Coinspot.com
      Easy registration. easy buying

  • I got free doge from coinspot Xmas giveaway so that’s nice 😅.

    But I suggest people take a look at theta… Uber meets YouTube!

    • +1

      Well my comments held up well vs 24 hours ago… tidy %15 profit. Still a huge bargain though..

  • +1

    Invest in or gamble with?

    • You just described investing

  • I just love the multiple transfer fees so I get less than what I bought each and every time. Does this work the same way?

    • DOGE is (Aux)PoW. The fees go to the miners for confirming the tx.

    • Nano shill incoming. Seriously do check it out. It's what bitcoin was supposed to be. I'll be happy to take qns

      • NANO has a long way to go before they come anywhere near BTC's network effect. There are also others they've fight with like XRP, XLM, BCH, LTC, DOGE, DASH, XMR, etc.

  • Obviously. Follow the money.

  • -1

    Do you use it to pay when you play Do(d)geball?

  • +1

    if one person can manipulate the coin then you might as well part with you're money.

    • Cryptocurrency in a nutshell.

      Hello Elon Musk.

  • OP's profile pic does not check out.

  • I hope this post did not cost any fellow Ozbargainer who doesn't really understand crypto to fomo buy and lose money during the dump

    • High risk, high gains. No risk, not gains.

      • +1

        Its an artificial pump and dump, it'll be back to pre-pump levels in no time

    • +5

      I feel the same. I don't know much about crypto, but alt coins always seems like a pumping ground for experienced traders so they can put it back into BC. Dogecoin doesn't have much advantage/tech features that can rival nano, lite etc. I think people just knew meme coin will be easier to hype to newbies and people who FOMO on GME.

      Looking at the chart of dogecoin right now, it looks awfully like one https://imgur.com/a/l1Dl2nH

      For anyone else reading, unlike BC dogecoin has no cap, Billions are added into circulation every year and it will be almost impossible to get it the current jingle of '$1 party'. It is literally a currency created as a joke so it's not designed with cutting edge tech (transaction fee, speed, volume etc.) and I hope people do their research before abusing their diamond hand emojis.

  • Go BSV (please don't neg 😔)

    • +1

      "Him Who Is Not to be Named" has made BSV toxic by picking fights every man and their doge.

      • Haha half agree but 'he' might be right, we'll wait and see. Still glad doge got the limelight though!

  • You could always get a free one here :

    https://www.dogefaucet.com/en

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