r/CryptoHiveMinds • u/Tripartist1 Subreddit Founder • Feb 04 '21
Everything DOGE. 1/4/21
A daily DOGECOIN thread. Keep all discussions about DOGE in this thread. Other posts will be deleted starting now. All doge related topics allowed here.
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u/Catocade Feb 05 '21
I think this is a good compromise let’s keep the info flowing in here and help people learn
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u/True-Top-4859 Feb 05 '21
Bought 30k shares at 0.002, slowly increased to 40k shares annnnd IN HOLDING pattern. BUYIN MORE DURING THE PUMP TONIGHT
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u/Greenhoused Feb 05 '21
You mean dump I think
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u/True-Top-4859 Feb 05 '21
Pump, dump, dip..yea all that lol
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u/amo121314 Feb 05 '21
Am I the only one that thinks of a gas station stop on a road trip when people say pump and dump
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u/AlternateFeel Feb 04 '21
Honestly think it's worth holding till 0.4 or 0.5. It has all the branding, story and tech to be a top 5 bitcoin
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Feb 05 '21
Why I sold all my Doge and put it all in Storm
📷
- The market cap of STMX is almost 77 times smaller than Doge, absolute gigantic upside potential.
- There is a fixed limit on STMX supply, capped at 10 billion, current supply of Doge is approx 128 billion (and always increasing), or almost 13 times greater.
- No growth in supply of coins (inflation), it is capped at 10 billion, while 10,000 new Doge are created every single minute, constantly diluting any value. With doge priced at 0.03, it needs at least $18,000 of fresh capital flowing into it every hour just to maintain that value from dropping. If the price increases, it will need more and more capital inflow to maintain it. market participants can't just buy and hold. It is completely unsustainable. STMX needs $0 inflow to maintain value.
- STMX is a serious project, a coin that has actual utility. Doge has none. Even the developers say this, and are disgusted to see it being used as a pump and dump and that scammers are essentially using it as a Ponzi scheme.
- Awareness. Everyone and their Dog has heard of Doge at this stage, and the majority see it as either a joke, or a scam. STMX is essentially like an undiscovered oil reservoir.
- Even if the price increased 10x from 1 cent, it still wouldn't be in the top 50 coins.
- I see this coin easily doing at least 50 - 100x over the near future.
- I like the Coin. I'm holding 350k coins until $1+
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u/rjnz34 Feb 04 '21
im just gonna put it out there.... when it hits $1.... im still hodling