Poll of the Day > R.I.P. Doge

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HornedLion
06/22/21 8:59:45 AM
#1:






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PK_Spam
06/22/21 9:04:52 AM
#2:


Now is the time to get doge

diamond hands!

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Fam_Fam
06/22/21 9:07:42 AM
#3:


omg its on sale!

</idiot>
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Lokarin
06/22/21 9:12:48 AM
#4:


PK_Spam posted...
Now is the time to get doge

diamond hands!

This is how I think everyone thinks about crypto

Crypto goes up: "oh yeaaah, let it ride!"

Crypto goes down: "oh yeaaah, time to double down!"

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DrPrimemaster
06/22/21 9:13:10 AM
#5:


To the moon, but youre on the moon

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keyblader1985
06/22/21 9:58:47 AM
#6:


Wow

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Krazy_Kirby
06/22/21 10:11:11 AM
#7:


and people probably still pronouncing it wrong
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argonautweakend
06/22/21 10:13:17 AM
#8:


I bought a few thousand worth in the 30-40 cent range...no reason to panic sell, so i'm just going to keep it to see if it rebounds in time. I feel like these meme stocks have too much behind them for them to fail, but doge kinda was born from 1 cent to 5 cents to 70 and now going back down.

Ultimately I put in money I was comfortable risking. Not that I want to lose a few thousand, but I know the risks.
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papercup
06/22/21 10:21:52 AM
#9:


Bitcoin is down 11% this morning

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pionear
06/22/21 10:23:09 AM
#10:


Bitcoin is also down like over %50 from it's peak...

Just a correction going on with most Crypto right now...

And another Question: Do anyone actually use 'Doge' to buy stuff with? Not sure who really accepts this as a form of payment
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aHappySacka
06/22/21 10:42:31 AM
#11:


You scared me for a second there.

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#12
Post #12 was unavailable or deleted.
IronBornCorps
06/22/21 11:07:34 AM
#13:


Kotenks posted...
what caused this? Elon Musk say something?

China really cracked down on BTC mining. Also a death cross appeared on BTC's chart (50 day average goes below 200 day moving average), this is a sign of a sell off to some analysts.

The good news is, El Salvador and Paraguay has signed legislation to accept BTC as a national currency, with other countries in South America and Africa also taking interest. El Salvador plans to have government run mining facilities, which will use geothermic volcanic energy.

"And another Question: Do anyone actually use 'Doge' to buy stuff with? Not sure who really accepts this as a form of payment"

There are several companies that are partnered with an app called Flexa. It's asset agnostic, so you can pay using any digital currency, and the seller gets payed in fiat instantly. Notable stores off the top of my head include Lowe's, Hot Topic, Bed Bad & Beyond, Baskin & Robbin's, Ulta, Petco, and Nordstrom. Whether people are using their crypto to purchase things is another story, but it is available to do.

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pionear
06/22/21 11:26:10 AM
#14:


IronBornCorps posted...
There are several companies that are partnered with an app called Flexa. It's asset agnostic, so you can pay using any digital currency, and the seller gets payed in fiat instantly. Notable stores off the top of my head include Lowe's, Hot Topic, Bed Bad & Beyond, Baskin & Robbin's, Ulta, Petco, and Nordstrom. Whether people are using their crypto to purchase things is another story, but it is available to do.

Oh, so it will just except any Crypto that's listed on Major Exchanges? And what determines what types of Crypto that gets listed? And what Exchange do they use? Still alot of Mess involved with this type of payment...
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teddy241
06/22/21 11:29:06 AM
#15:


I still remember my buddy showing off his dogecoin stock back in late may. He was up like 5,000 dollars and I kept telling him to cash out cash out. He never cashed out. Even after the SNL debacle.
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SomeUsername529
06/22/21 11:30:38 AM
#16:


El Salvador and Paraguay planning to accept bitcoin is laughable. No responsibly run government would have any use for it given how slow governments work and how volatile bitcoin is. They'll either abandon the plan or pass some form of it and it will do absolutely nothing (or it will turn into some absurd money laundering loophole somehow).

And yeah, no actual people use bitcoin for anything for the same reason. It is theoretically becoming an accepted form of payment but it's so obtuse to use that transaction fees and value fluctuations massacre any possible value it would have beyond money laundering. Unless you're an absolute moron that doesn't care about paying double the price of something there's no way to just buy a hamburger with bitcoin.
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streamofthesky
06/22/21 11:55:28 AM
#17:


My friend tried to convince me to buy into a "SafeGalaxy" crypto b/c it was new and I'd be getting in at the ground floor. I was tempted to gamble w/ a few hundred to see if it panned out, but the whole method of buying and storing crypto was just...too damn sketchy for me. I'm just not cut out for that stuff, I guess. I like having my money actually for-sure accessible and know it won't just be drained by some hacker or was never actually there when I go to cash out.

teddy241 posted...
I still remember my buddy showing off his dogecoin stock back in late may. He was up like 5,000 dollars and I kept telling him to cash out cash out. He never cashed out. Even after the SNL debacle.
Uh...what?
I don't really pay much attention to crypto or SNL, but how did some mediocre comedy show impact the price of Dogecoin?
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IronBornCorps
06/22/21 12:04:55 PM
#18:


pionear posted...
Oh, so it will just except any Crypto that's listed on Major Exchanges? And what determines what types of Crypto that gets listed? And what Exchange do they use? Still alot of Mess involved with this type of payment...

It's asset agnostic, which means any token. Looking at the code, Flexa and it's native token AMP run in the Metaverse (Ether chain). Most tokens are ERC-20, so exchanging them on The Metaverse is super easy. There is another protocol called Wrapped, which takes assets outside The Metaverse and creates and ERC-20 equivalent. For instance you can take 1 BTC and lock into the Wrapped protocol and receive 1 WBTC (Wrapped Bitcon). So you swipe your card or scan your code w/e, Flexa pulls the necessary funds for the transaction, and holds it with an equal amount of AMP in a partition on the chain. These partitions are kind of like mini liquidity pools, and they are all over the chain, meaning they can process transactions very quickly. This partition will first try to trade your asset to fiat. So if you are sending 1 BTC, it will attempt to covert that to whatever the seller accepts. If the transaction takes too long, it instead burns the equal amount of AMP and keeps the funds you sent, and the seller has the money for the transaction everyone is happy.

I do think there is a misunderstanding about how blockchain tech will change the world. I think people hear "To the moon" and "future money" and start thinking sci-fi space tech. 80% of American banks already run operations on private blockchains, and VISA already settles payments directly on the Ether chain. I'm not saying we aren't going to continue to see some really cool projects and advancements, and I'm definitely not saying it's not going to grow more. While I do think cryptocurrency provides the best opportunity for the biggest redistribution of wealth in our generation, it's not going to magically turn everyone into billionaires.
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Mead
06/22/21 12:07:46 PM
#19:


Fam_Fam posted...
omg its on sale!


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ParanoidObsessive
06/22/21 1:22:45 PM
#20:


DrPrimemaster posted...
To the moon, but you're on the moon

http://youtu.be/jJNJ47MzIjs?t=36
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papercup
06/22/21 1:44:42 PM
#21:


https://www.coindesk.com/price/dogecoin

Diamond fucking hands!

To the moon! Sometimes the moon is down there, but to the mooooooon!

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Judgmenl
06/22/21 2:05:05 PM
#22:


Wonder how much money Elon made.

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dragon504
06/22/21 3:29:52 PM
#23:


Good, I hope all the cryptos crash into the fucking gutter. I want to be able to buy a goddamned gpu.

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Soup_or_Science
06/22/21 3:32:06 PM
#24:


Krazy_Kirby posted...
and people probably still pronouncing it wrong
It's pronounced doggie because I said so

What the hell is a doje

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pionear
06/22/21 4:06:15 PM
#25:


IronBornCorps posted...
It's asset agnostic, which means any token

But the Tokens still has to have an 'exact' value relative to what you're buying...so if you're using DogeCoin to buy a $10 Pizza, you would need what, 56 DogeCoins just to buy it?

So as of now, it makes no logical sense to use it as a 'fiat' currency...the only reason ppl are buying it on hopes it will go the way of Bitcoin (Thousands on the Dollar) but why use this when you already have Bitcoin/Etherium/etc? What makes it so special outside it being a 'Meme/Troll' coin?
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Mead
06/22/21 4:08:16 PM
#26:


Ive always pronounced it like dodgy cause it sounds funnier to me

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Soup_or_Science
06/22/21 4:16:35 PM
#27:


pionear posted...
What makes it so special outside it being a 'Meme/Troll' coin?
It's relativity to tHuH mOoN

Which I guess as of now, is closer to the doge door than the space station

But I wonder if doge will ever have the cojones to make it

Which at that point, wouldn't make it special at all unless you were already in, you know how investing works

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ParanoidObsessive
06/22/21 4:40:26 PM
#28:


Soup_or_Science posted...
What the hell is a doje

The ruler of the Republic of Venice for about a thousand years.
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Krazy_Kirby
06/22/21 4:46:29 PM
#29:


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Soup_or_Science
06/22/21 6:47:41 PM
#30:


ParanoidObsessive posted...
The ruler of the Republic of Venice for about a thousand years.
Naw I don't buy into immortality, how'd they do that for real

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Lorthremar
06/22/21 7:21:02 PM
#31:


@pogo_rabid any thoughts on this, since you're so quick to call all doge doubters "haters"

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ParanoidObsessive
06/22/21 7:23:18 PM
#32:


Soup_or_Science posted...
Naw I don't buy into immortality, how'd they do that for real

Because I get all of my history knowledge from playing Assassin's Creed, I'm going to assume he had a Piece of Eden.
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Metalsonic66
06/22/21 7:30:21 PM
#33:


dragon504 posted...
I want to be able to buy a goddamned gpu.


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ParanoidObsessive
06/22/21 7:56:40 PM
#34:


Metalsonic66 posted...
dragon504 posted...
Good, I hope all the cryptos crash into the fucking gutter. I want to be able to buy a goddamned gpu.

Another consideration:

http://youtu.be/N560E3PNQoQ?t=396
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Reigning_King
06/22/21 8:03:21 PM
#35:


"I don't see why y'all are stressing out, if you put more money into this than you could afford to lose than you clearly shouldn't be investing in the first place lol. I've got diamond hands so I'll be fine, to the moon!"

t. some random guy who happen to buy in at .03 or something and is still up several hundred percents
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Kamala-Harris
06/22/21 8:11:23 PM
#36:


This is a great time to start buying into it though. I have no idea who is buying their tokens when they are green and ATH, of course you will lose money that way, lol.
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Krazy_Kirby
06/22/21 10:19:25 PM
#37:


Reigning_King posted...
"I don't see why y'all are stressing out, if you put more money into this than you could afford to lose than you clearly shouldn't be investing in the first place lol. I've got diamond hands so I'll be fine, to the moon!"

t. some random guy who happen to buy in at .03 or something and is still up several hundred percents


well you shouldnt
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PK_Spam
06/23/21 4:34:38 PM
#38:


Ive spent $15 in worse ways tbh. I just think its really funny!

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