Hard to see with salt in your eyes.
People are losing their damn minds over this Doge pump.
I haven't seen this much shade thrown in a while.
It's comical even.
7 cents to 45 cent peak in four days.
Legendary.
There's an abundance of whining and outright rage that Doge spiked up to the number 5 token by market cap today.
It makes no sense.
Doge doesn't deserve to get pumped.
If Doge spikes more I quit.
At the end of the day if you have negative feelings toward Doge pumping, I have news: the problem is you. Crypto is all about freedom and abundance, and if you're mad and jealous regarding the success of another project: you aren't even trying. You're living in scarcity with a scarcity mindset, plain and simple.
Again, if you were living in abundance, you'd see this Doge pump for what it actually is: good for everyone in the cryptosphere. It's not a zero-sum game. It's not a competition. Thinking Doge is overvalued is completely irrelevant. Get over it: the market doesn't care about our opinions.
At the end of the day this isn't about crypto vs crypto. Open source code does not compete with itself. These networks are synergistic in nature. Fiat vs crypto is the real competition, and a pump in Doge signals more fiat is entering the ecosystem and gives legitimacy to the entire space.
In fact, Doge having such low fundamental attributes is actually a great sign. There are people out in the world who'd rather own a meme-coin than hold on to a fiat currency who's economic policy is to simply print money to infinity. The counterfeit problem has been 100% solved and no one seems to care. Everyone can be their own central bank and all I hear is "where's my Lambo?" Have you ever considered that you don't deserve a Lambo even if you have the money to buy one?
There are so many variables coming together here. Branding and advertising are big ones: but the core of crypto has always been about community.
Would you tell someone they aren't allowed to root for a certain sports team because that team isn't very good? There's a lot of luck involved in sports, just like there's a lot of luck involved in crypto. Anyone can win: that's what makes it interesting.
Would you tell someone in poker who lost with the best preflop hand (AA) that they should have folded? That's not how gambling works. You don't get to retroactively tell someone (including yourself) that a bad call was made based on the outcome. It's surprising how few people actually know that if a slot machine hasn't won in a long time it doesn't gain a higher chance of winning.
Conclusion
It seems like around 90% of the cryptoverse has missed the point entirely as they wallow in their own greed and ridiculousness. Litecoin up 30%, BCH up 30%, Dash up 30%, Maker up 30%... The alt-market is signaling massive gains and all anyone can do is complain about how their 'superior' shitcoin didn't go x4 like Doge.
You can't see the forest from the trees. Those who ride this roller coaster of day to day price action are completely blinded to the fact that this is actually good for everyone. The alt-market isn't in danger of ending: it literally just began. All you have to do is sit tight and watch number go up over the next two months.
Mad that the thing we've been waiting for this whole time is finally here, but your token didn't swing first so fuck crypto? Such a bad look. The blatant greed displayed today was the exact reason why crypto needs to exist in the first place. Thousands of people just signaled to the world in public exactly why they can't be trusted to be put in charge of the economy, and the worst part is they don't even realize it. Power corrupts and greed reigns supreme.
Everyone just be hating on Doge unnecessarily 😂😂. Honestly, the market GNF about anyone's opinion 😌
GNFs
I like that.
It’s profane yet profound simultaneously!
😱
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People losing their nuts over Doge is so ridiculous... but it reminds me of something.
Let us cast our minds back to... ohhh... the late 1990s when the original "nerds" who believed they were responsible for (and in control over) the whole ball of wax called "The Internet" started losing their shit because the commercial* Internet started to show some serious success. "But... BUT... that's not how the Internet is meant to be USED!" they whined as we started down the slippery slope to the hypercommercialized web we have today.
I'm gonna guess (and I could be wrong) that more than a fair share of those doing the whining about Doge are crypto/blockchain purists who just can't STAND the idea that a very simple and fun shitcoin with generally sound technicals, but no use case other than being a tipping coin on web forums... is suddenly acting serious.
Or, rather, the general public is choosing something entertaining over dry blockchain maximilization.
Just a possibility.
=^..^=
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So true, It doesn't make sense but when the hell is the last time Crypto or the stock market made real sense. It's all Influencers and hype now no matter how you look at it. Things have changed in the world and you either roll with it and capitalize on it or you sit back and piss and moan. I perfect to make profits ;)
True
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A no-coiner friend of mine DM'd me a week ago, that he'd aped into Doge out of the blue. First purchase, zero knowledge. Saw it mentioned somewhere and took a punt. I shook my head and wished him well, now he looks like a wizard.
Ha Ha Ha 🤣
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Why my number no go up!
LOL.
Well played.
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Yeah, I'm getting rather tired of anyone I have ever known in my life texting me about DOGE. Especially when most of them own no crypto to begin with lol.
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lol yeah isn't that swell?
Been talking about crypto for ages and they bring up Doge after a spike.
silly
I shoulda bought Doge when it was 2 cents... LOL
They are losing their minds because they wish they had held onto their Doge! !LUV
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Sorry, you're out of LUV tokens to be sent today. Try tomorrow. (Having at least 5 LUV in your wallet allows you to freely give 3 per day.)
I don't think it's fun to see it go up. I'm not mad about it, just not particularly pleased either.
Great post and awesome video hahahha
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Yeah, this is probably a bogus comment, but I completely agree with everything you said.
After all, it seems I can't help to add a few more words.
Many seem incapable to grasp the concept of cooperation instead of competition. We were raised and we lived most of our lives developing the competitional / conflictual mindset. It's hard to let go.
Even teams, where supposedly there's cooperation between members (when there isn't competition) rarely cooperate with other teams. They compete.
Tell me a cooperative non-competitive sport/game. There might be, but they are certainly hard to find.
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This 🙄👍
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Yeah, all those people missed out on DOGE over and over again.
I told everyone to buy DOGE and I was getting flagged to zero on here.
I am only made because my greedy arse did not buy doge when I wanted to. Nevertheless, it is what it is... We are all winning in different ways. We cannot have it all.
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Honesty. I like that.
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I have no anger toward grape receiving monkey, but I sure am tired of cucumbers...
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Never has, never will.
This is a central fact that a lot of people seem to ignore. The market is not a conscious entity that responds to a predetermined set of rules. It's instead a result of society.
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Great point.
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Well i totally disagree with this article. First of all i believe people have a valid concern to be upset about doge coin. I'm not particularly upset about doge coin as i'm upset with like 98.9% of cryptocurrencies. So for me to pick on doge coin it would be more like take a number.
As a professional minded person here's how i see it. To me doge coin represents everything wrong with cryptocurrency. A series of pump and dump groups playing around all day with peoples money. At the end of the day we know doge coin won't be used for any real global remittance. Vendors and merchants won't accept it. It's just more of a speculation wetdream .. it doesn't fund any new projects or solve significant problems doesn't lead to any healthier circumstances in the world. All it does really is gives a person a chance to buy at the wrong time then it dumps 30% like it did today.
So the concerns of the people are valid. Second of all one the people greatly responsible for this who i like on most days but not on this particular subject. Elon Musk should not only be held accountable for this. He should also create a fund to help people recoupe some of their money.
Why because Elon Musk is very intelligent. He understands the power of his voice. I have no doubt he knew all this would happen. The problem is after he lit the firestorm he then went oh i'm not going ot buy doge coin because one entity owns nearly 30% of it. So now it's like a pyramid and now you think its a bad idea to invest.
However you thought it appropriate to hype the coin and get everyone else buying. When it came time for you to use Tesla resources you bought bitcoin. I fully normally 100% support elon musk because i feel he's right about ubi. However i can't support him on this ..as it almost to me borders on the line of criminal.
So i'm no doubt not pleased by that. I'm not salty about it because if i'm not using doge coin to transfer other cryptocurrencies i'm not going to buy it for a hold. To me it had enough utility at fractions of a penny. I don't think people should be particularly going crazy but just don't buy it. I'm not going to buy it. i feel its ridiculous. People can do whatever they want with their money. It's not like we never heard of people doing crazy stuff before with money just dont be surprised when it falls. People say yea but its going up.
You know what else goes up value wise? My poker chips in las vegas. If we wanna talk about going up. I can have my poker chips go up 1000% in a night in vegas. So if you're that guy. Then go have at that but don't sell us on this unjustified rise in a meme coin that was promoted by elon musk. had elon musk not promoted doge coin i'm pretty sure doge would be doing well but as it always has. Now we got a fiasco. So yea i think seriously minded crypto people got a right to be upset about that as i think its just yet goign to be another reason not to take crypto seriously. if you're a gambler great if you're a person who really wants to build systems with this to change the world that are significant and useful to people. You're going to have a different attitude about this perhaps.
Choices people make in crypto i have no problem with that. Make whatever choice you wish to make. However i provide as much info as i can on all sides. So once you can make an informed decision do whatever you like is my motto just make sure its available to as many people as possible when they go into these cryptocurrencies.
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We don't know any of that. It's pretty ironic that that you're making the claim that Dogecoin is purely speculative as you make wild speculations about the future of Doge. Vendors won't accept Doge? Of course they will. 100% guaranteed.
It is a serious red flag that you're trying to pin this on Elon Musk and speculate even further that this is all his fault.
You referenced his name five times in one comment.
The mere concept of trying to place blame here is rooted in centralization, regulation, and authoritarianism. No one can blame Musk for anything under the laws of crypto and decentralization. You are basically calling for the exact people who we are trying to break away from to swoop in and fix the 'problem'. Hard pass. The powers that be have already proved themselves to be a much bigger problem than a billionaire who likes to troll people on Twitter.
Well now don't get me wrong. My criticism is out of love. I love Elon Musk and Doge coin. The problem is since February Elon Musk's attorney's have warned him this doge coin tweeting stuff can become a problem to dial it back. That's his own legal team that's not coming from me.
However, that's all just symptoms of a bigger problem. The sentiment of the people the inappropriate activities admitted by Musk's own legal team is part of a bigger problem. At this time we've had many celebrities get in trouble endorsing crypto projects and i get that they may have had bigger roles the fact still remains his tweets pushed doge coin up by 55% and his total overall influence could be well over 1000%.
Now i don't believe any of that should be even in a legal world illegal. I think we're adults we can make our own decisions as long as they are informed decisions. So no i don't endorse any centralization, regulation, and authoritarianism.
However i could turn that around on you right? Could'nt i say the fact that one man can control and have that much influence in crypto is a bit of a problem.. I could also say that Musk response to one entitity controlled over 27% of doge coin is a huge issue. So this platform would be more nearing centralization under influence and positions like that than me pointing out that some things should be done more properly. Again don't get me wrong, i'm not saying they shouldn't exist. I'm simply saying i can see how it taints the space.
Doge coin was a perfectly done coin. It was one of my favorites. It's organic acceptance and its somewhat stable prices made many of the things that make it valuable work. However, those elements no longer exist in doge coin. Now its behaving more like a speculation coin. Speculation coins don't make good currency transfer systems. Doge coin had a chance at that it no longer does.
I don't harbor issue with Elon Musk, as i really felt he wanted what was best for doge. I just don't think its working out that way. It was fantastic before. A currency has no more value at $1 than it does at $1 million. It is a medium of exchange. Doge coin now to me is a purely speculative device. it's trash now.
I understand from the perspective of people who only wanna make money. That rising coin prices is good. I understand that. However some of us want to make a real case for cryptocurrency. We can not seriously do that if its a casino show one night after the other.
Speculation coins and projects being forced or designated into a store of value. Doesn't create or present the same amount of economic prosperity of what currencies do through velocity of money. They will have the same issue that gold had earlier. Not enough to go around. NOt getting in enough hands and being too expensive. Some of us feel we can do so much more with crypto than that. So that's where i'm coming from.
Now as far as billionaires tweeting all day on social media. i really thought billionaires were busy running billion dollar enterprises but okay they should have the right to be heard. I think there are easier ways to handle situations like that. Such as,, waivers.. messages like the thoughts expressed in this post doesn't represent the views of this social network and that we have marked this with an advisory, similar to what you see on the pharmaceutical drug commercials. That the company is not to be held legally responsible for any fda violations any improper statements but that you should be of legal age and understand this is coudl be conjecture.. false information and make sure the end user clicks the waiver reads the terms.. after which i think anything shoudl be posted fine. That to me is a simple way to handle that. Letting people know this info could be fake. As people are so gullible and believe anything. I think that would be appropriate and fair and that information should be allowed to exist.
As far as doge coin to end my statement. You're right to a degree that we dont know the full future of doge coin. However we can only use the present to even have a view of the future. I can tell you that a highly speculative doge coin won't be used for remittance payments that is a fact. We don't have to guess at that for obvious reasons. I can tell you its alot less vendor accepted now than many coins that are. I can also tell you there is going to be many coins faster and more efficient. However it did once have confidence in those areas i dont think the present conditions allows it to have.
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Seems like Musk just plays it fast and loose and does whatever he wants.
This 🙄 👍
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DOge story is a great story.
Let's hope we catch some on the way around.
Only experienced holders will understand
the intricacies of all tokens.
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Exactly!
Scarcity Mentality
Zero sum game
Tribalism
Doge has value because people give it vale. People in the crypto verse are refusing to evolve past those prehistoric traits and become 22 century humans.
Sad
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