RE: The Madness Goes On
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As always, let me preface. I bought one hundred dollars worth of Doge years ago. All I did was forget about it - not difficult to do. Then I saw that my same hundred was worth thirty thousand. I sold half - held half. Yes I am thrilled that the second half is now worth nearly $100k, but I neither bought nor risked anything but a hundred dollars. That said...
"It's not about real-life use cases or blockchain superiority or whatever, it's all about value to me." I think there is a use case. Doge is now accepted nearly everywhere and it is fast and cheap to use. It is a great alternative (for small purchases) in a world where Bitcoin has maintained a usability rating of zero. I am not sure why card companies and bill payment sites are taking Doge, but if I use it to pay a bill, the deposit request will not time out waiting on Doge like it has for years with the B coin.
You are right that Doge is very dangerous for people who think it is all that Bitcoin is under the hood. I wish it were Hive that had made it to thousands of sites. But, it didn't. I hope it still does.
That is amazing, well played! Goes to show that getting them and forgetting them is the best approach by far in crypto.
I respect that, it's definitely a token that is quick and easy to use and serves its purpose. However, I don't think this is reason enough for DOGE to be a top 4 crypto.
Regardless, it's a reliable, fast network that's been around for many years, so I believe it's reasonable that people trust DOGE.
Thanks for the support and for passing by and leaving a thoughtful response. Have a great day!
!LUV 1
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Hi @ezrider, you were just shared some LUV thanks to @lordneroo. Holding 10 LUV in your wallet enables you to give up to 3 LUV per day, for free. See the LUV in your wallet at https://hive-engine.com or learn about LUV at https://peakd.com/@luvshares
It is worth a try. Take $10 and find a coin that is worth 0.001 (or less)
Then buy 10,000 of them. Put them under your own private key (yes, find and download the wallet).
Then do that 9 more times. The worst that could happen is you lose $100 dollars. The best is that one of them goes ballistic and you wake up one day to $100,000.
This is meant to be financial advice, take it do it and if you mess it up, come see me.
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Solid advice, truth is I've learned from the mistakes of the past and am currently chasing low cap gems, throwing in $10 - $50 and buying up hundreds of thousands or millions of tokens in order to hold them for the long haul.
Will let you know in a year or so!
Have a good one :)
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I wanna hear about your mistakes!
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I also scored 50x on SafeMoon in 4 weeks. Still, I regret selling. I'm afraid it will keep pumping with its ever-increasing popularity.
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I sold 235k DOGE for peanuts back in the day, now it's worth more than $100k...
https://leofinance.io/@lordneroo/i-dumped-235k-doge-back-in-2015-for-peanuts
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I must admit I misunderstood your comment at first, dunno why. Maybe I'm brain-dead :P
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That's how all ponzi schemes work dude.
Early adopters/investors/fools buy into something that is promised to be huge. Those people buy others in to enhance their earlier position. And so on and so on until the bottom part of the pyramid is SO full of retail/small-time investors/hopeful idiots that the people at the top (who own all the actual value or the lionshare) just cash out BIGTIME.
Remember Bernie Madoff?
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No, that's not how Ponzi schemes work.
You may find this helpful:
https://en.wikipedia.org/wiki/Ponzi_scheme
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