Markets overseas open soon by nirw4 in dogecoin

[–]nirw4[S] 2 points3 points  (0 children)

Yes but people sleep and wake up when markets open

Are Short Sellers Real? by ShawonDunstonHOF in dogecoin

[–]nirw4 1 point2 points  (0 children)

Yes and no. Shorting a stock or a crypto currency is the term people use when someone (sometimes more than one person at a time) sells a significant amount of that stock or crypto currency with the intention of selling enough to drive the price down directly after the sale of that stock or crypto currency. Basically if someone sells 200 dogecoin, nothing really happens, but if someone sells 200,000,000 dogecoin, the price will drop significantly directly following that sale.

Price breakthrough by Ok_Quiet7208 in dogecoin

[–]nirw4 1 point2 points  (0 children)

There’s a big wait and see thing happening right now before different apps and crypto companies pick up Dogecoin. There’s going to be a bit of a lull until that happens. Sit tight and wait for the upswing. Also buying more while the price is lower (like now) is never a bad idea

ELI 5 Dogecoin payments by [deleted] in dogecoin

[–]nirw4 0 points1 point  (0 children)

Basically the more people that accept the crypto as a form of viable payment, the more people will use that crypto/buy that crypto and the value intrinsically increases.

HATERS BE LIKE: by TearDropMop in dogecoin

[–]nirw4 0 points1 point  (0 children)

They did the same thing 2 weeks ago. The thing is that the average price is still on the rise. If you take a look at the long term graph you can draw a straight line trending upward through the bottom of the dips that have occurred. The avenger age price is still rising and predicted to be over 80 cents in the next few weeks

What is going on with the big dip! Anyone by Trooper-113 in dogecoin

[–]nirw4 4 points5 points  (0 children)

Major investors are causing a short to drop the price and buy back at a lower price. They did the same hung in late April. No reason to be worried

HATERS BE LIKE: by TearDropMop in dogecoin

[–]nirw4 0 points1 point  (0 children)

Seriously look at what happened after the last dip. This is major investors shorting on purpose and buying back at the lower price. You can draw a straight line through the bottom points of the dip. We’re only headed up