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Dogecoin (1 Viewer)

  • Thread starter Evo1883
  • Start date May 4, 2021
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covmark

Well-Known Member
  • Sep 2, 2021
  • #246
skyblue1991 said:
How did you know to lump £400 on Cardano and not some other random altcoin?

Sent from my I3113 using Tapatalk
Click to expand...
I did a fair amount of reading on block chains and altcoins and Cardano looked the best one. I've stuck a couple of hundred into Tron, just as a bit of a gamble really. Mainly because it's so low at the moment. 9c a coin. It's just in its infancy, and hopefully it'll fly


Sent from my SM-G780F using Tapatalk
 

shmmeee

Well-Known Member
  • Sep 2, 2021
  • #247
It’s all a gamble though innit?

my mate who made over £100k on Bitcoin has lost thousands on other coins and all he does is research stuff. I’m not convinced it’s much more than a bubble really.
 

robbiekeane

Well-Known Member
  • Sep 2, 2021
  • #248
shmmeee said:
It’s all a gamble though innit?

my mate who made over £100k on Bitcoin has lost thousands on other coins and all he does is research stuff. I’m not convinced it’s much more than a bubble really.
Click to expand...
I think you either believe in it or you don’t.
I genuinely believe in crypto as the future so I donate really see it as a gamble, I see it as a long term investment. If people are in the make a quick buck tbey will get burnt.

If in doubt, zoom out
 

clint van damme

Well-Known Member
  • Sep 2, 2021
  • #249
shmmeee said:
It’s all a gamble though innit?

my mate who made over £100k on Bitcoin has lost thousands on other coins and all he does is research stuff. I’m not convinced it’s much more than a bubble really.
Click to expand...

It's much more than a bubble, a lot of coins have real world use, however there's fucking loads of them including novelty coins which don't.
There's also a whole industry built up around making shit predictions about them.
 
Reactions: CCFCSteve

covmark

Well-Known Member
  • Sep 2, 2021
  • #250
robbiekeane said:
I think you either believe in it or you don’t.
I genuinely believe in crypto as the future so I donate really see it as a gamble, I see it as a long term investment. If people are in the make a quick buck tbey will get burnt.

If in doubt, zoom out
Click to expand...
Yeah, this is pretty much how I see it. I'm in for the long game.

Sent from my SM-G780F using Tapatalk
 

JAM See

Well-Known Member
  • Sep 2, 2021
  • #251
clint van damme said:
It's much more than a bubble, a lot of coins have real world use, however there's fucking loads of them including novelty coins which don't.
There's also a whole industry built up around making shit predictions about them.
Click to expand...
Serious question. Does anybody on here know anybody who's used crypto in the real world?

I'm 33% up (£750 drip fed in over the last 3 months is now 'worth' £1008) but I'm still not convinced that it's a real thing.

I am worried about missing out though!
 

Sick Boy

Super Moderator
  • Sep 2, 2021
  • #252
Looks like Dubed has left
 
Reactions: MusicDating

clint van damme

Well-Known Member
  • Sep 2, 2021
  • #253
JAM See said:
Serious question. Does anybody on here know anybody who's used crypto in the real world?

I'm 33% up (£750 drip fed in over the last 3 months is now 'worth' £1008) but I'm still not convinced that it's a real thing.

I am worried about missing out though!
Click to expand...

Not sure it will ever be a real world thing like cash, more something that operates in the background, smart contracts etc.
 
Reactions: CCFCSteve

robbiekeane

Well-Known Member
  • Sep 2, 2021
  • #254
JAM See said:
Serious question. Does anybody on here know anybody who's used crypto in the real world?

I'm 33% up (£750 drip fed in over the last 3 months is now 'worth' £1008) but I'm still not convinced that it's a real thing.

I am worried about missing out though!
Click to expand...
I sent my brother some bitcoin a couple of months ago cause I owed him some money and wanted to try it as a cross border transaction. As it turns out cause it was a small amount it wasn’t a very financially viable method cause of fees.
I do know a few people who’ve bought stuff online with it though.
 

shmmeee

Well-Known Member
  • Sep 2, 2021
  • #255
clint van damme said:
Not sure it will ever be a real world thing like cash, more something that operates in the background, smart contracts etc.
Click to expand...

Blockchain is a useful technology but that’s not the same as cryptocurrency
 
C

CCFCSteve

Well-Known Member
  • Sep 2, 2021
  • #256
clint van damme said:
It's much more than a bubble, a lot of coins have real world use, however there's fucking loads of them including novelty coins which don't.
There's also a whole industry built up around making shit predictions about them.
Click to expand...

Agreed. I think a handful will survive and become mainstream, most will fall away and become worthless….so it is a gamble. The questions Id ask is what’s behind the coin (blockchain tech, systems etc)!and could it be adopted more widely (considering environmental impact, transaction speed etc). On those basis Bitcoin itself wouldn’t work for me but as it’s the most established, it kind of gets away with it. From what I’ve read, it might well remain the crypto ‘gold’ but its likely to be overtaken by others in terms of wider adoption
 
Reactions: clint van damme

clint van damme

Well-Known Member
  • Sep 2, 2021
  • #257
shmmeee said:
Blockchain is a useful technology but that’s not the same as cryptocurrency
Click to expand...

True, but they're massively intertwined.
If you think Cardano is going to fly you buy ADA.
If you think Ripples distributed ledger is the future you buy XRP.
 
Reactions: CCFCSteve and covmark

dutchman

Well-Known Member
  • Dec 5, 2021
  • #258
 
Reactions: Evo1883

dutchman

Well-Known Member
  • Dec 14, 2021
  • #259

Elon Musk says Tesla will accept dogecoin as payment for merchandise, touts its value for transactions

Elon Musk said on Tuesday that Tesla would accept dogecoin as payment for some merchandise. Following the news, the cryptocurrency surged more than 20% to...
www.marketwatch.com
Elon Musk says Tesla will accept dogecoin as payment for merchandise, touts its value for transactions

Dogecoin surges on Musk comments



Elon Musk said on Tuesday that Tesla would accept dogecoin as payment for some merchandise. Following the news, the cryptocurrency surged more than 20% to $0.22, before it fell back to about $0.19, according to CoinDesk data.

“Tesla will make some merch buyable with Doge & see how it goes,” Musk tweeted early morning on Tuesday.
 

Sky_Blue_Dreamer

Well-Known Member
  • Dec 14, 2021
  • #260
dutchman said:

Elon Musk says Tesla will accept dogecoin as payment for merchandise, touts its value for transactions

Elon Musk said on Tuesday that Tesla would accept dogecoin as payment for some merchandise. Following the news, the cryptocurrency surged more than 20% to...
www.marketwatch.com
Elon Musk says Tesla will accept dogecoin as payment for merchandise, touts its value for transactions

Dogecoin surges on Musk comments



Elon Musk said on Tuesday that Tesla would accept dogecoin as payment for some merchandise. Following the news, the cryptocurrency surged more than 20% to $0.22, before it fell back to about $0.19, according to CoinDesk data.

“Tesla will make some merch buyable with Doge & see how it goes,” Musk tweeted early morning on Tuesday.
Click to expand...
Didn't he do exactly the same not long ago with bitcoin?
 
Reactions: shmmeee

dutchman

Well-Known Member
  • Dec 14, 2021
  • #261
Sky_Blue_Dreamer said:
Didn't he do exactly the same not long ago with bitcoin?
Click to expand...
Yep, then later backtracked.

Some think it was a cynical attempt to manipulate the price.
 
Reactions: clint van damme and Sky_Blue_Dreamer

jimmyhillsfanclub

Well-Known Member
  • Dec 15, 2021
  • #262
Blokes a massive bellend...... but I still wish he'd tweet about how great IOTA is.....
 
Reactions: Blind-Faith and clint van damme
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