what the hell is happening with DOGE???

+35% in the last 1 hr
+210% in the last 24 hrs
+570% in the last 7 days

And it is continuing to climb sharply at the moment.

4/16/2021 9:50:52 AM

https://dearjulius.com/en-us/money/business-news/dallas-mavericks-will-never-sell-one-dogecoin-doge-ever-mark-cuban/

4/16/2021 11:50:40 AM

^ wondering if i should get some now, like a 100 bucks worth, or do you think the price will come down more (than it has in the past few hours) before shooting up again so i should wait?

4/16/2021 2:30:50 PM

I am not your financial advisor, I can just say what I hold, which I did previously. I hold a bit of DOGE for the LOLz.

4/16/2021 3:11:13 PM

i DOGE'd for lulz many moons ago.

But i am not banking my future on it. if it goes to the moon, it'll be a fun ride. If it plummets to the earth, c'est la vie.

4/16/2021 4:11:14 PM

Whole portfolio is down about 15% (20+% earlier today), but DOGE is the only that's up in my holdings, even though I bought it at a high price yesterday

4/18/2021 10:41:34 AM

Fuck, man, another massive plunge in the crypto market over the last few hours. BTC down to under $50K, and all others down as much or even worse.

The hell is causing this... haven't looked into it yet.

4/22/2021 10:42:30 PM

Ah, tax announcement from gov.

4/23/2021 7:32:47 AM

On the one month scale Maker, Yearn, and Ethereum are still up quite a bit.

Bitcoin down quite a lot. Overall my portfolio on a month is down 14%. Will probably buy some more bitcoin and eth if it holds and stays sideways.

4/23/2021 9:41:22 AM

This does not look good

https://finance.yahoo.com/amphtml/news/jpmorgan-warns-bitcoin-weakness-futures-035635281.html

4/23/2021 3:34:03 PM

https://mobile.twitter.com/warobusiness/status/1385936174393462784

4/25/2021 9:06:42 AM

Looking great again!

4/27/2021 10:50:54 AM

ALICE is definitely BAK(E)ing a CAKE

4/29/2021 3:40:54 AM

$3K eth and MKR up a shitload. Glad everyone bought and HODL'd.

5/3/2021 12:19:12 AM

DOGE at $0.60

5/4/2021 10:26:21 AM

Raise your hand if Elon's Shiba tweet made you a bit richer

CaelNCSU what is your prediction would happen to DOGE/SHIB/AKITA in the run up to Elon's appearance on SNL? People worldwide are having watch parties.

What is your plan? Sell some before the show, and then see how the price develops during his appearance? Or are you just going to HODL through the show and even after the show?

5/8/2021 11:18:28 AM

Holy shit my SHIB holding went 12x in the past 36 hours... of which 6x was just in the past 3-4 hours

5/8/2021 4:19:35 PM

I don't usually get that level of shitcoin. I bought a couple of hundred bucks worth of SHIB for a friend. Whatever wallet he was bugging out. I'm not holding that shit.

I sold 95% of DOGE by the time it hit 0.2.

[Edited on May 9, 2021 at 8:56 AM. Reason : A ]

5/9/2021 8:55:02 AM

SHIB is significantly different and is a legit project from what I have seen, unlike DOGE, which is only a useless meme.

5/9/2021 9:38:31 AM

How'd you get it?

I used Uniswap and paid $192 in fees. Friend paid me that as well, but man fees are high.

5/9/2021 9:54:51 AM

Thoughts on Chia?

5/9/2021 5:49:38 PM

My day job manages 100K servers that the main use case involves storage. We stock piled hard drives.

Already starting to see shortages. Not sure on viability as investment, but people are scared.

5/9/2021 9:58:59 PM

Is there any sense in investing in companies that make SSDs if a long term shortage is on the rise? Seems like commodity hardware but I'm totally clueless here.

5/10/2021 10:16:05 AM

Quote :

"How'd you get it?"

I was so close to buying it on Uniswap, even though the fees were as much as the purchase, but someone told me in the group that I am that it is available on Gate.io, so I got it there (already had a Gate.io account, so didn't have to wait).

Did you see what happened since my last message? It got listed on many exchanges, including Binance. My $35 eventually turned to $793 (23x), but I caught it at 18x. I cashed out half, and HODLing the rest because it should eventually go another 1.5-2x from the current level.

$100 invested in SHIB exactly 6 months ago would be $33 million now.

5/10/2021 3:02:32 PM

It seems worth it just to dump $10 into every shitcoin you can find if stuff like that is still happening.

5/11/2021 9:08:02 AM

The gas fees would be astronomical but a smart contract to do that could be like an automated ETF.

5/11/2021 9:11:01 AM

got 7,000,000 SHIB via crypto.com. here we go.

5/11/2021 12:08:21 PM

https://coinmarketcap.com/currencies/yearn-finance/

5/11/2021 12:31:01 PM

Quote :

"It seems worth it just to dump $10 into every shitcoin you can find if stuff like that is still happening. "

it is literally happening every other day dude.

PIG went 70x in a day, just 2 days ago (i missed it).

BUSY went 34x in a day, a few days ago. (also missed that)

daily i see 1-3 coins that have gone 10-100x within a day to a week.

Quote :

"The gas fees would be astronomical but a smart contract to do that could be like an automated ETF."

not if you give the middle finger to Uniswap (25-100+% fees) and only use PancakeSwap (1-2% fees)! or get them on exchanges when they get listed.


[Edited on May 11, 2021 at 1:01 PM. Reason : ]

5/11/2021 12:59:34 PM

My CATE has done 15x since I got it 2 days ago.

5/11/2021 3:48:48 PM

More dumb questions. How would I go about selecting some to throw money at? Any tips at all? I would naively go to https://coinmarketcap.com/ and find stuff with super low market caps. :shrug:

5/11/2021 9:28:33 PM

Ignore anything that's a blockchain/token for x. Like we are decentralizing peanut butter sandwiches. Try to pick things which are different and sound. Example: STX is defi on bitcoin. Think it's the only project like that.

Anything Defi that earns interest == useful. Yearn earns a good yield. Maker creates dai which is like the DeFi grease. Avoid outright copies. Good example was LTC. Didn't change much meaningful of BTC.

In a bull market bull of this matters. Invest in projects with the most original and cutest art.

5/12/2021 12:35:25 AM

Quote :

"Thoughts on Chia?"

I bought 64TB worth when they were on sale because I felt a shortage coming. Drives are up 15-30% across the board so far, so it seems like a good hedge. I was at 70% on the current drive set anyway

5/12/2021 12:53:05 PM

Guy makes endless doge memes and accepts crypto as payment, then immediately turns around and disables it. Like... he just figured out the environmental issue? Really?

https://twitter.com/elonmusk/status/1392602041025843203

Anyway, he mentions at the end looking at other currencies with lower footprints....

5/12/2021 6:51:30 PM

As usual Matt Levine gets it right:

https://www.bloomberg.com/opinion/articles/2021-02-22/electric-bills-are-a-gamble-too

Quote :

" 1. Tesla silently buys a bit of Bitcoin. 2. Tesla claims Bitcoin is a good investment and publicly they have bought it. 2. Bitcoin price started to increase as many institutions started to accept the digital currency as a payment method. But the main reason is because of the "Elon Market Theory", whatever Musk buys, rises in price. 4. Tesla silently sold a large amount of Bitcoin, making a profit of hundreds of millions of dollars. 5. Musk tweeted that Bitcoin's price was too high. 6. Bitcoin price begins to fall also by "Elon Market Hypothesis". 7. Go back to step 1. On Monday, Tesla released its quarterly results and what happened as Levine predicted: "

5/13/2021 12:54:25 PM

^ hey could you kindly post what comes after your quote ends? or maybe post screenshots of the article?

i am out of my free article limit

5/13/2021 3:45:58 PM

This is what’s after #7

Quote :

" You can’t do this forever; eventually people will notice that you are just cycling this around for your own profit. But you can do it for a while, particularly if you do a bunch of other distracting stuff—space rockets, flamethrowers, satin shorts—in between. Anyway I am not saying that this is what Musk is actually doing. In particular I have no reason to think that Step 4 happened: Tesla announced that it bought Bitcoin last month but hasn’t said anything about selling it, and Musk seems to be a long-term believer. But Steps 1, 2, 3, 5 and 6 have happened, and I have no doubt that all of this will happen at least one or two more times (Step 7), so, you know. The trade is available to him, and it is funny, and he loves to do funny things, and what more do you need? Here is an estimate that Tesla is “on a trajectory to make more from its Bitcoin investments than profits from selling its EV (electric vehicle) cars in all of 2020.” I sometimes make fun of Elon Musk for being so easily distracted from his actual business of making and selling cars, but to be fair to him, the distractions available to him are pretty distracting. It is hard to build good cars and sell them for more than it costs to make them; it is relatively easy, for Musk, to make a lot of money by tweeting about financial assets. Honestly it is impressive that Musk doesn’t devote more of his time to manipulating stock and cryptocurrency prices on Twitter. I suppose the relative scarcity of Musk’s approval is what makes it so valuable. Also I cannot resist pointing out that when Elon Musk tweeted “Tesla stock price is too high imo,” the stock fell 10%; when he tweeted “BTC & ETH do seem high lol,” Bitcoin fell 16%. With respect to Tesla, Musk is the chief executive officer and main visionary and frequent obsessive micromanager; he knows, one hopes, more about Tesla than most people do. With respect to Bitcoin, Musk is just some guy. And yet Bitcoin’s … Elon Market Hypothesis beta? … is higher than Tesla’s? A substance-free “too high” (or “too low”) tweet from Musk has more impact on Bitcoin than on Musk’s own company. 3 Tesla is a combination of (1) a real company that makes cars and (2) a projection of Elon Musk’s mana. Bitcoin is, uh, not that sort of combination. "

(Been lurking itt lately. I have nothing of value to add)

5/13/2021 4:22:06 PM

^ thanks bruv, much appreciated

5/13/2021 4:33:37 PM

What a bloodbath last couple of days

Fucking Elon precipitated it. What a POS.

5/16/2021 5:21:33 PM

Why did you put money in crypto?

5/17/2021 1:26:41 PM

^ still in profit, but since i started only a month ago, this is my first major correction/dip, so it took me by surprise although i knew such dips are to be expected.

still HODLing... and by the time this bull run is over (Sep-Dec), my portfolio will be at 3-5x, plus i am getting 10-20x once every 2-3 weeks from new shitcoins (see my posts above).

that's why i put my money in crypto, because it can give returns like nothing else can.

5/18/2021 1:19:52 AM

What is your methodology for identifying shitcoins?

5/18/2021 9:59:26 AM

I tossed a few Ethereum into https://compound.finance/ and pulled out some money in Dai. User interface is slick. So slick I bought more Compound levered with the eth

You can effectively short BTC/ETH with it by using Dai/USDC as colleteral and borrowing Eth/WBTC. I did the inverse. Basically only worth it if you do 5 figures or more. Fees end up being about $100 in gas to set it up and almost $200 overall. Would probably be $40 for each borrow/pay request.

[Edited on May 18, 2021 at 7:21 PM. Reason : a]

5/18/2021 7:19:56 PM

Having to pump Eth into Compound like it's quarters in Double Dragon to keep from getting liquidated.

Looks like stonks are down as well.

5/19/2021 8:50:24 AM

Managed to get buys in at $33k and $34k.

5/19/2021 9:41:04 AM

i am trying but binance is giving me a hard time trying to buy usdt with my debit card

5/19/2021 2:59:35 PM

Hmmm...

https://boards.4channel.org/biz/thread/35710754/hey-guys-insider-here-for-those-of-you-that-are

It did feel like a coordinated sell-off, and apparently it was.

If true, seems like another dip coming? And I wonder if they are referring to Elon.

5/19/2021 4:49:44 PM

Somebody holler at me with shit coin ideas

5/26/2021 8:29:28 PM

^ I would like some as well!

5/31/2021 11:37:52 PM

i just bought some MATIC , seeing positive news about it recently with Google Cloud and Mark Cuban. I don't think it is going to 10x anytime soon but a good long term hold
also just got into Solana.
glad I got into Chia farming early, picked up a few coins.

6/1/2021 1:58:10 PM