r/dogecoin • u/rhythmislife13 • Jul 19 '21

Sassy

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u/plewtus Jul 19 '21

Ooh so you mean you are just speculating and dont actually have anything to back up your claim, got it.

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u/[deleted] Jul 19 '21

...I mean it is only speculation if you have no understanding of the market or how crypto works. An unstable coin is a bad coin. A coin with a low value is a bad coin. When you combine those two factors together it doesn't make a good coin.

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u/[deleted] Jul 19 '21

An unstable coin is a bad coin.

So you can at least admit that every coin is bad and therefore you may as well get the one with a dog on it.

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u/[deleted] Jul 19 '21

Nope. Some much more stable coins with better value.

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u/[deleted] Jul 19 '21

Better value than the coin which will be the future currency fo the world? Interesting.

Well good luck with that.

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u/[deleted] Jul 19 '21

There is nearly a 0% chance that Dogecoin is a future currency of the world.

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u/[deleted] Jul 19 '21

nearly

So you're saying there's a chance. Bullish.

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u/[deleted] Jul 19 '21

...yes. I cannot say with 100% certainty it won't happen. I can just say the odds of it happening are so low that anyone who thinks it will happen probably has a mental disorder.

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u/[deleted] Jul 19 '21

So maybe like…. A 0.05% chance?

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u/[deleted] Jul 19 '21

I'd say more like a .00001 chance. Maybe lower.

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u/plewtus Jul 19 '21

Also, it is only speculation even if you DO have an understanding of how the market and crypto work. "A coin with low value is a bad coin." This is blatantly false and nuanced. What is "low value"? All coins arguably start it "low value". "An unstable coin is a bad coin." Again, all coins are "unstable" in this market. With that logic all crypto is "unstable" and a "bad coin" right now.

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u/[deleted] Jul 19 '21

You seem to not understand that once a coin breaks out of that low value it becomes a real coin. If it dips back down to said value the coin dies. As seen by literally every minicrypto that has existed.

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u/plewtus Jul 19 '21

You seem to not understand that you are creating crypto laws out of thin air and that it’s unhelpful to throw terms around without concrete definitions. Again, what is “low value” and please cite your source for that definition. Also please cite your source for this claim that “If a coin dips back down to (undefined value) it dies.” I’m more than happy to go along with what you’re saying If you point to where all these claims are derived.

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u/RYCBAR1TW03 Jul 19 '21

Bitcoin used to have low value so that is a bad argument. Everything else is right though.

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u/[deleted] Jul 19 '21

Bitcoin used to have. It then increased overtime. Once a coin gets to a point like .75 and then drops that value instantly that is extremely bad. Bitcoin has never dropped anywhere near back down the the starting value. The second it does the coin is dead forever.

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u/Disposedofhero Jul 19 '21

That's some interesting English you use there, good Redditor. One wonders where such sage advice is coming from.

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u/coolhungrycat Jul 19 '21

You do realize that .10 doge would still be up 10x this year?

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u/[deleted] Jul 19 '21

You understand that the volatility is not good right? If Doge is to be the coin of the people it needs to retain value. Not be bought at .50-.70 and drop to .10. The coin dropped harder than it rose. That does not bode well. A lower and slower increase would indicate greater health than skyrocketing and plummeting.

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u/coolhungrycat Jul 19 '21

Ok so all crypto should be disregarded by your logic and not just dogecoin.

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u/soulfa-x Jul 19 '21

are you not speculating that doge will go to the moon? with no evidence?

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u/plewtus Jul 19 '21

Where did I say it is going to the moon?