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Welcome to the Crypto version of WallStreetBets


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2021 Jan 28, 10:41pm   2,434 views  39 comments

by Cash   ➕follow (1)   💰tip   ignore  

https://www.reddit.com/r/SatoshiStreetBets/
Today's Dogecoin price is $0.067019, which is up 526% over the last 24 hours.
https://invst.ly/tmk8x
It ranks 7th in market cap. the bitch is it is almost impossible for US traders to get their hands on it.
I have a big fat stack of fiat waiting on the sidelines and that this time anyway will stay on the side lines...

« First        Comments 19 - 39 of 39        Search these comments

19   Bitcoin   2021 Jan 31, 11:10am  

Tesla's P/E is above 1600, right? Does Apple's P/E of 37 justify the 130USD price?

I wish you could just calc. the value of a house and get it for that price. What will happen is, you end up never buying.

I know buyers in SoCal that gave up....not because there is no inventory, but they got tired of writing offers 40k above asking price.
20   BayArea   2021 Jan 31, 12:47pm  

G36 says
I know buyers in SoCal that gave up....not because there is no inventory, but they got tired of writing offers 40k above asking price.


Maybe they should start writing offers at fair market value and not at below market asking prices that require over $40k above asking to secure.
21   porkchopXpress   2021 Jan 31, 3:47pm  

I don’t trade crypto but invest in it for the long haul. It’s a great hedge against inflation and easy to buy and sell compared to physical bullion.
22   Bd6r   2021 Jan 31, 3:57pm  

G36 says
Tesla's P/E is above 1600, right? Does Apple's P/E of 37 justify the 130USD price?

fair statement IMO
23   WookieMan   2021 Jan 31, 6:27pm  

Patrick says
Tell me what the fair price for Dogecoin is, and the calculations used to arrive at that price.

You won't get a logical answer because it's not possible. They have no clue.
24   porkchopXpress   2021 Jan 31, 6:36pm  

Dogecoin is a complete farce and pricing based on nothing. It's a garbage coin with no limit to its production. Having said that, people trade garbage stocks all the time just simply to quickly flip a profit (if they're lucky). It's no different.
25   FortwayeAsFuckJoeBiden   2021 Jan 31, 6:45pm  

Don’t use reddit ever since censorship
26   Bd6r   2021 Jan 31, 7:08pm  

Gamestop was used to fuck Wall street, while Dodgecoin has no effect on Wall street. In Gamestop case, Wall street shorts were left holding (a lot of) the bag, while for Dodgecoin, its owners will be the ones losing, I think.
27   Cash   2021 Jan 31, 10:41pm  

Patrick says
Tell me what the fair price for Dogecoin is, and the calculations used to arrive at that price.

I don't really know it doesn't apply in my case I have read pros and cons but really couldn't say. I know that's a hard concept for investors but all I care about in trading DOGE there is high interest which brings liquidity that I can trade with. I didn't set a limit order I easily could of been in @.03116 instead I ended up buying 66,733.20 DOGE at .03577. (0.00000114 BTC)
I didn't put that much in the kitty but a move of .01 = $667+/- and I am looking to get a min of .04 move or a tgt price of .08+/-. $2.6k gain if it works out and a lot more is not out of the question. Being in the green as soon as I pulled the trigger a break even stop limit keeps me fully funded in the game. ;) https://www.binance.com/en/trade/DOGE_BTC
28   Cash   2021 Jan 31, 10:50pm  

To disclose I haven't set a stop limit yet, I manually trade if in front of my pc the MMs can see a stop limit so it's best not to set it unless necessary but when I quit for the night I will either dump or set a stop limit, depends on the market.
30   Bitcoin   2021 Feb 1, 10:33am  

WookieMan says
no clue.


I agree with you. You predicted Bitcoin will be at 1,200 USD. Its over 30k instead.
31   WookieMan   2021 Feb 1, 11:34am  

G36 says
WookieMan says
no clue.


I agree with you. You predicted Bitcoin will be at 1,200 USD. Its over 30k instead.

Yes. You're right. I've made $100k easily in 3 months since BTC went sideways for 3 years after a similar peak. Your point? Like I've said, let me know when you make 6 figures in even a year. Trading $5k and it getting to $40k total is nothing. Congrats. Wake me up when you're pulling in $20-30k/mo. Then maybe, just maybe you'll get my attention. Until then I'll deal in real money making as most can and will do here.
32   Bitcoin   2021 Feb 1, 11:34am  

WookieMan says
G36 says
WookieMan says
no clue.


I agree with you. You predicted Bitcoin will be at 1,200 USD. Its over 30k instead.

Yes. You're right.


I know :)
33   WookieMan   2021 Feb 1, 11:39am  

G36 says
Yes. You're right.


I know :)

Yes. lol!!!!!!WookieMan says
I've made $100k easily in 3 months since BTC went sideways for 3 years after a similar peak. Your point?

Selective quoting.... sign of weakness for some.. lol.
34   Bitcoin   2021 Feb 1, 11:53am  

I agree, there is not much to argue here.

@WookieMan 's prediction for Bitcoin: 1,200 USD

Actual price: well above 30k

@WookieMan 's portfolio: 100 shares of LUV

My advice: when you said "ready to eject" you should have bought. Hot tip: Buy low, sell high :)
35   Cash   2021 Feb 1, 12:34pm  

Patrick says
Tell me what the fair price for Dogecoin is, and the calculations used to arrive at that price.

With a house, I have interest rates and rents.

With stock, I have p/e ratios, revenue, etc.

You can't keep your porn subscription renewed with those things
Pornhub Now Accepting Dogecoin After Card Payment Ban
https://www.unilad.co.uk/technology/pornhub-now-accepting-dogecoin-after-card-payment-ban/

36   WookieMan   2021 Feb 1, 1:05pm  

G36 says
I agree, there is not much to argue here.

Quote it.
G36 says
prediction for Bitcoin: 1,200 USD

Repeating it doesn't make it real... Get the quote bright one.... we'll wait.
G36 says
100 shares of LUV

100 more than your checking account... lol. Keep up junior. One purchase versus entire holding. Thought you crypto guys with all your lingo at least had some brains there. Evidence points to no.
37   Bitcoin   2021 Feb 1, 1:53pm  

G36 says
WookieMan says
G36 says
WookieMan says
no clue.


I agree with you. You predicted Bitcoin will be at 1,200 USD. Its over 30k instead.

Yes. You're right.




@WookieMan

We know!!
Question is, why do you keep making such predictions if you already admit you have no clue? Is that trolling?
38   Onvacation   2021 Feb 1, 4:15pm  

Cash says
Pornhub Now Accepting Dogecoin After Card Payment Ban

How much do you invest into porn each month?
39   Bitcoin   2021 Feb 1, 4:49pm  

Onvacation says
How much?

Bitcoin increases tremendously in USD value. HODL


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