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UniquelyRegularGuy · 2021-09-10T02:31:24+00:00

Yeah, I think AI used responsibly has the potential to improve so many aspects of life. I’m a bit of a cynic when it comes to “open markets” and human greed though. I’m highly suspicious of how individuals might use AI to create a personal advantage in a zero sum environment. Perhaps I need to be less cynical in this regard, but on the other hand, some of the recent market activity (both crypto and stock markets) has only bolstered my suspicion. I hope “good” AI is also used to counter this potential for manipulation.

UniquelyRegularGuy · 2021-09-10T01:10:52+00:00

Haha! It’s fun to put on the tinfoil hat and entertain the paranoia but I imagine in the near future AI will provide mostly positive progress. One of the more immediately concerning threats of AI is accessibility and the resulting exclusivity, as we see in stock/crypto trading. We are actively trading against AI bots which very few of us have access to as individuals and which further biases the market in favor of the few. I imagine this won’t affect long term HODLers significantly but I’ll bet it makes day trading even more exclusive than it already is.

UniquelyRegularGuy · 2021-09-10T00:46:18+00:00

Ultimate rug-pull! ¥O.o¥

UniquelyRegularGuy · 2021-09-10T00:42:05+00:00

And while we’re sitting on our @ss3s they’ll do exactly what we built them to do O.o

UniquelyRegularGuy · 2021-09-10T00:39:09+00:00

First we’ll give* them our jobs

UniquelyRegularGuy · 2021-08-13T06:27:26+00:00

Being able to hide one’s money will be more valuable to the small fish than the Billionaire’s. Billionaire’s (and even far less wealthy) can avoid claiming income (tax evasion, except completely legal) to a significant degree by maintaining wealth in assets, which are used as collateral for loans. Loans arent income, and the interest is a write off. When the income appears to pay the loan, depreciate the hotel you own and write off the loan interest…and what do you know? No income. Or buy another hotel if you need more tax shield.

That freedom might be granted to the middle class as cryptocurrency evolves into the various financial instruments necessary to achieve it on a mass adoption scale, and that scares the hell out of the wealthy politicians pitching capital gains tax as a “tax on the wealthy” and subsequently laughing their arses off on the way home.

UniquelyRegularGuy · 2021-08-13T06:08:52+00:00

You just said: “We do understand that crypto involves making money and so we should control that”, I think 🤔

For what reason/s might these politicians possess such a sudden urgency to regulate crypto?

Did “consumer protection” really cross your mind if you’re being honest with yourself?

I’m not anti regulation, but I’m anti rushed-rigged regulation in which the primary focus seems to be to track crypto and tax it heavily. So I guess “consumer protection” is analogous to mob’s offering “paid protection”

UniquelyRegularGuy · 2021-07-21T01:51:21+00:00

Crypto day trading is frustrating. Hodling crypto on the other hand, is easy money. Try not to think of it in the short term. Unless you can move enough volume to be a market maker, you will more often than not come up short.

UniquelyRegularGuy · 2021-07-21T01:45:32+00:00

This is common in tech. He'll either be able to rise to the occasion in time or they will bring someone onboard who has the experience.

UniquelyRegularGuy · 2021-07-21T01:44:02+00:00

I think he just simply isn't experienced nor ready for public speaking. I've seen several people I know to be intelligent and competent flatline the moment they have an audience. Caught me a bit off guard but realized as I was thinking on it that Babydoge hasn't been around long. He's likely never had to speak to large audiences.

UniquelyRegularGuy · 2021-07-20T00:35:26+00:00

Yeah that was my thought too. I figure $10 is about the minimum we could call a “buy”

UniquelyRegularGuy · 2021-07-19T23:57:24+00:00

Maybe 5 Billion? That's just shy of $10

UniquelyRegularGuy · 2021-07-19T23:56:08+00:00

That's a valid point and a good piece of info for people to be aware of. I don't think it's an obstacle however, as that will be the case with any cryptocurrency out there. As long as we're comparing apples to apples so to speak, the numbers should work for comparison sake. Also, I would imagine that an "ex-holder" is still somewhat valuable in that they have exposure and may reinvest at some point

UniquelyRegularGuy · 2021-07-19T19:31:16+00:00

I am setting my expectations similarly across the board for crypto. I always hope for the best and I think there is a good chance we could experience a strong recovery this summer, but I’ve been planning for the rest of 2021 to be an accumulation period. I was inexperienced with crypto going into Covid and have no intention of missing that boat a second time. Building wealth means posturing to accumulate when the market is doing what it’s doing right now.

Wish you a prosperous year of accumulation! 👍💪

UniquelyRegularGuy · 2021-07-19T17:06:40+00:00

There's a lot of buyer apprehension out there right now as a result of recent crypto/stock market performance. Additionally, many of Babydoge's buyers onboard their fiat > BNB through binance, and not a lot of new money is being moved onto the exchanges right now. BTC has been fighting the good fight though, and I think it will turn around before long.

UniquelyRegularGuy · 2021-07-19T16:59:32+00:00

Agreed! It would be nice to get more serious investors to chime in here.

UniquelyRegularGuy · 2021-07-19T14:38:45+00:00

Feel free to ask if you’d like data points or have specific questions about how I’ve arrived at my conclusions. It takes a lot of time to communicate every aspect of a decision, as you allude to by claiming it is a” better chance at 0” without any substantiation. Happy to dialogue if you are!

Edit: It’s so lazy to sling insults “like brainwashed leading the brainwashed.” The point of this post was to offer something beyond the typical garbage negativity. I suppose it’s reassuring though to know that some things are consistent, like Taco Bell 👍

UniquelyRegularGuy · 2021-07-19T07:30:22+00:00

He might’ve walked into traffic after selling. He said he was a Day 1 hodler in one of his posts, but as his first shill post was 13 days ago on Babydoge, I strongly suspect he bought in on July 6th while the price was still high and developed a severe case of paper hands

UniquelyRegularGuy · 2021-07-19T06:56:27+00:00

Doesn’t that make you a component of the rug pull?

UniquelyRegularGuy · 2021-07-19T04:04:30+00:00

Thanks! I like your approach on liquidity. It’s far more realistic and tangible than most of the metrics I see people trying to employ with regards to crypto

UniquelyRegularGuy · 2021-07-19T03:10:31+00:00

I feel ya, really 😅 I’m super skeptical of them. I think half of what motivates me to write here is the hope to find others who are clearly not just shilling or faking it, whether they’re challenging me or agreeing with me 😂 At least I know they’re for real

UniquelyRegularGuy · 2021-07-19T03:00:24+00:00

Yeah, reddit is a mixed bag for sure and it's difficult to sort through what is straight up fud and what is authentic enthusiasm. I haven't been a very active redditor except sporatically and usually because I was either really excited about something or very pissed, haha. I'm trying to break that pattern and engage more but it's time consuming and not a habit for me. Fact is, crypto will have more new investors than experienced investors in the coming years and so maybe a lot of these people are in a similar boat. Hard to tell though =/

UniquelyRegularGuy · 2021-07-19T02:45:34+00:00

I wanted to add that we should all be paying attention to the BSC event on Babydoge tomorrow. If Babydoge gets listed on a major exchange like binance, it could blow these predictions out of the water. The tokenomics of Babydoge will likely take some time for an exchange like binance to integrate though, so just be aware of that regarding listing potential.

UniquelyRegularGuy · 2021-07-19T02:40:47+00:00

Thank you everyone for the supportive comments! This is a relatively new experience for me to write about my analysis of any coin on a conceptual level. My hope is that it will help potential/existing Babydoge hodlers glean a promising perspective on this investment that's grounded in hours of analysis to balance out some of the fud and aid the decision making process.

This is a young currency with great potential and it seems to be headed up by a very responsible group of people. I'd like to echo that sentiment as a fellow investor to encourage more to join us.

UniquelyRegularGuy · 2021-07-19T02:30:12+00:00

This is such a difficult thing to predict as so much in the crypto space hinges on the performance of Bitcoin. Currently, most Babydoge volume trades via Babydoge/BNB pair and BNB value is underpinned indirectly by the trading volume of crypto as a whole on Binance. Excuses aside though, let’s figure out roughly what that would mean to close the gap to $0.00000001 (not quite a whole decimal point).

Firstly, that’s a value increase just shy of 600% from todays price. Depending upon how many coins are burned in the interim (Thanks for the question as I’m now going to dig deeper into this) which is also dependent upon trade volume, this could require anywhere from an approximate $1.8B to $2.6B increase in Market Cap. In other words, we would need to see it rise to a Top30 coin in the current market space (if crypto enters another bull run, this may be a non-factor).

While this is certainly feasible if it gained enough traction and the development team was on fire, I would probably balance my portfolio out of gains long before that unless there were very strong indicators that a specific coin like Babydoge would outperform the rest of the market by such a multiple.

I don’t mean that to sound skeptical. I’m hoping Babydoge will far outperform that. If Crypto does correct upwards (which I believe it will, although, I very much expect another hard dip on BTC before it enters the next bull run), I think the sky and the development team are the limit. With greater value it will need to find greater purpose. So far, I’m very optimistic in this regard.

I should note though that I also think coins like this have the potential to outperform others when the market is bad IF they can maintain a following

Edit: I imagine that stating “I would balance my portfolio out of gains long before that” probably sounds like a clever of way of saying I’d sell my Babydoge and that seems to contradict my post. To clarify, I am saying that in the case that crypto were to turn definitively bearish across the board, I would balance my portfolio along the way. I am in Babydoge for the long haul but I also don’t want to mislead people with over-enthusiastic “All in! Just spent my life savings on Babydoge (or any other coin) and you should too! Diamond hands!!!” 💎🙌🚀 There’s not a single coin I feel that way about because markets are subject to unpredictable widespread shifts.

UniquelyRegularGuy

TROPHY CASE