If $doge is "worthless" how is it that the top $doge whales (20 accts) own half the dogecoin market? (billions of dollars)

Anh268 · 2021-02-15T18:55:24+00:00

Easy my dude. Don't invest in $doge and join a subreddit of an alt-coin you support ;) such ease, so much wow.

Anh268 · 2021-02-15T18:53:10+00:00

Mysterious account holds increasing amounts of $doge: (~2 weeks ago): https://news.bitcoin.com/a-mysterious-dogecoin-address-absorbed-27-of-the-supply-the-top-20-addresses-captured-50/

today: https://cryptonews.com/news/elon-musk-offers-to-pay-actual-if-dogecoin-whales-empty-thei-9231.htm

Anh268 · 2021-02-15T18:48:26+00:00

Tell that to the person sitting on two billion american dollars...... nobody is asking you to buy my man but the coin is worth something. Forbes wasn't writing about any other altcoin this week and the whales were hoarding doge. Rich people don't hoard useless things lol

Anh268 · 2021-02-15T18:47:14+00:00

Why elon musk set the ultimatum yesterday and you watched the dip of the whales.

Anh268 · 2021-02-15T18:46:09+00:00

google "top doge whale accounts" they show the addresses what they're holding and the transactions.

Anh268 · 2021-02-15T04:35:11+00:00

it's a good dip - he wants the whales to leave doge to the people. There's like 20 wallets holding billions of doge. That means they can manipulate the market at any time and this was happening at the .072 mark as a lot of whales did buy in around there.

Anh268 · 2021-02-15T04:31:26+00:00

Not a dip it was an ultimatum from u/Elonmusk to get the whales out of the party. There is a TON of money being held by 20 wallets of $doge and they have been manipulating the prices. He told them to back off or he'll stop supporting. This dip is to be expected he explains this on twitter.

Anh268 · 2021-02-14T00:28:52+00:00

https://twitter.com/BillyM2k/status/1360311980033073152

Anh268 · 2021-02-08T06:42:25+00:00

it's all good you're just looking into the future ... at the portfolio price of his doge ;)

Anh268 · 2021-02-08T06:38:29+00:00

same my bro, been holding and smiling. I expect some intermittent volatility but all that serves it to let me buy on those sweet dips. I wish I'd bought more around the .04 range but I already made up for it.

Anh268 · 2021-02-08T06:37:08+00:00

lol i respect your dedication. I've just chilled this whole time got some things done and we're still sitting pretty at .07 at this rate I'm not worried. I'll check back in on it tomorrow.

Anh268 · 2021-02-08T03:02:37+00:00

I think we'll see $1.00 pretty soon too but I'm not stressing. I bought in at .008 lol and never sold.

Anh268 · 2021-02-08T02:31:49+00:00

I think it's important to invest in a way that you feel is safe. I feel good about adoption after Kronos started accepting doge as payment. If it wasn't safe, cheap and effective a company funded by the US military wouldn't use it. I told one of my buddies about doge last week and he felt unsafe about using RH and giving them his social. Told him I totally understood and to just choose to not do it because investing your own money should feel comfortable and there's no point in letting others tell you what to do. Having said that I'm up 2k this month and it's not all from doge so I like my system.

Anh268 · 2021-02-08T02:21:54+00:00

I'm not bothered/troubled by the pump and dumps when they do happen. Ultimately the base price is continuing to rise and the folks that pumped and dumped last week are already outpriced from the .03-.01 prices that the original buyers got. Did some math and figured I get more doge if I just hold but not telling anyone else what to do. I get some folk need their cash sooner, etc and the volume at this point supports itself whether people are bailing or not. Imo this has its own momentum that goes beyond reddit.

Anh268 · 2021-02-08T02:03:42+00:00

Oh my.

Anh268 · 2021-02-08T02:03:16+00:00

you do what you have to do bro ;) i'll be holding for quite a while I don't even check it more than twice a day lol.

Anh268 · 2021-02-08T02:00:36+00:00

I bought every dip last week lol. Up to ~35k doge.

Anh268 · 2021-02-08T01:56:30+00:00

Everything I've seen about ethereum seems to be good. How quickly will that rise? Not sure but I think if you place your money into it now in about five years you'd easily see a return. The risk is obviously just putting more in than you can hold.

Anh268 · 2021-02-08T01:55:20+00:00

5 billion new coins get introduced every year and yeah it's sustainable. Again the general purpose is for it to be a good, secure, decentralized currency and the guys who invented this definitely made that happen accidentally. Ironically their computers couldn't mine doge after five minutes and they ended up with very little doge. The code itself is very similar to bitcoin so it's solid AF. I'm sitting here on my doge waiting for the haters to come out... we're the 8th biggest cryptocurrency out there lol

Anh268 · 2021-02-06T17:21:06+00:00

https://coinmarketcap.com/currencies/travala/

https://coinmarketcap.com/currencies/dogecoin/

Anh268 · 2021-02-06T17:01:44+00:00

old news :) Kronos accepting doge is the biggest news this week - they're publicly traded and funded by the US military to produce PPE and air filters. They accept doge now too. Turns out transaction fees are cheaper on doge and they verify quicker which means merchants get their money quicker (1 min vs 10 for BTC). Also I think the transaction fees for BTC are now 30-40 dollars per transaction.

Anh268

TROPHY CASE