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General => Random => Topic started by: Admin on April 18, 2021, 01:07:23 PM

Title: Doge to a Dollar
Post by: Admin on April 18, 2021, 01:07:23 PM
Let's make it happen :).

(https://pbs.twimg.com/media/BYxHw7FCMAATUAE.jpg)
Title: Re: Doge to a Dollar
Post by: Chan on April 18, 2021, 01:18:25 PM
We don't sell we Hodl.  In doge we trust.  ;)
Title: Re: Doge to a Dollar
Post by: Admin on April 18, 2021, 01:28:52 PM
(https://stockhead.com.au/wp-content/uploads/2021/04/Screen-Shot-2021-04-16-at-12.04.06-PM-640x360.jpg)
Title: Re: Doge to a Dollar
Post by: Fishman on April 18, 2021, 02:07:55 PM
It's only up 17,000 % from last year. If i only had held...
Title: Re: Doge to a Dollar
Post by: PonoBill on April 18, 2021, 10:34:49 PM
I thought it was Dodge, as in Neill Stevenson's "Fall; or, Dodge in Hell"
Title: Re: Doge to a Dollar
Post by: FRP on April 19, 2021, 06:08:43 AM
Yes I also was totally clueless. I had no idea what these posts meant. Thanks(?) for keeping me current. I have been on a news fast trying to give myself a mental holiday.

Bob
Title: Re: Doge to a Dollar
Post by: Subber on April 19, 2021, 07:31:44 AM
Manias!
 8)
Title: Re: Doge to a Dollar
Post by: Admin on April 20, 2021, 04:01:32 AM
Manias!
 8)

Wonder what happens if you give people money and free time :).  The ports are telling the same story.  Tough time to be trying to get goods shipped here.  https://asia.nikkei.com/Business/Transportation/Freight-rates-spike-as-Asian-cargo-ships-jam-US-West-Coast-ports

In March, container volume at the port of Los Angeles apparently surged by more than 80%.

With the ports overstretched in their processing capacity, dozens of container ships wait offshore. The two ports handle 40% of U.S. maritime cargo, but have been unable to keep up with the swelling imports as American consumers look to spend their stimulus checks.
Title: Re: Doge to a Dollar
Post by: Wetstuff on April 20, 2021, 09:06:24 AM
I wonder if the Fed should not have dispersed the funds in one-way credit cards?   I gather—the collective we—are banking it.

"On average, households are using or intending to use 34% to pay down debt and saving 42% of the stimulus payments they received from the most recent Covid relief bill, which passed in March, which are worth up to $1,400 per person. Only about 25% of the checks are going to spending, according to the survey."

Perhaps all those companies in China 'heard' we have all this loose cash... 

But! 

In December, spot freight rates were 264% higher for the Asia to North Europe route, compared with a year ago, according to Mirko Woitzik, risk intelligence solutions manager at supply chain risk firm Resilience360. For the route from Asia to the West Coast of the U.S., rates are up 145% year over year.

Compared with last March’s low prices, freight rates from China to the U.S. and Europe have surged 300%, Mark Yeager, chief executive officer of Redwood Logistics, told CNBC. He said spot rates are up to about $6,000 per container compared with the usual price of $1,200.

Don't even bother looking for a deal on something of any size via Alibaba. Shipping is often close to the unit cost. 

Jim
Title: Re: Doge to a Dollar
Post by: PonoBill on April 20, 2021, 09:25:26 AM
more importantly, there's a worldwide shortage of material used for sails, wings and kites. Be gentle with your toys folks, they might have to last a while.
Title: Re: Doge to a Dollar
Post by: Admin on April 20, 2021, 09:57:49 AM
"On average, households are using or intending to use 34% to pay down debt and saving 42% of the stimulus payments they received from the most recent Covid relief bill, which passed in March, which are worth up to $1,400 per person. Only about 25% of the checks are going to spending, according to the survey."

According to a recent survey, 96 percent of Americans eat mostly broccoli, berries and whole grains.  :)

I am sure there is paying down of debts and saving going on but there has been 5.4 Trillion handed out and a lot of that has landed in consumer hands.  34% of that (or whatever that percentage actually is) is a whopper number.
Title: Re: Doge to a Dollar
Post by: PonoBill on April 20, 2021, 10:28:05 AM
Rule number one for pollsters has to be (should be) "People lie". Rule number two should be "The only important rule is rule #1"

Oh, and Chan, what's a Hodl? I'm watching a family friend berate himself on Facebook for not managing the timing of his doge transactions, as if the actions of a few million lunatics is predictable. Surfers at the beach are talking about Fibonnaci sequences and Fractals as if they were Tumeric and bowel cleanses. I'm reasonably sure if I asked for a definition I'd get some inspired mumbo-jumbo.

Elon has to be just laughing his ass off.
Title: Re: Doge to a Dollar
Post by: Chan on April 20, 2021, 10:58:17 AM
Hodl is the most iconic term in crypto investing.  Steeped in Reddit lore, it has spread to become a favorite term amongst the new category of meme investors.  I've dedicated a small portion of my day trading to this category and have had some big wins and loses.  It's not for the risk adverse but it is certainly the most entertaining.  The Reddit Dogecoin community is a treasure trove of insight into the new investor demographic.  There's so much to be learned from this as it evolves.  Full disclosure, I am still hodling $1k of Doge that I bought at .06. 
Title: Re: Doge to a Dollar
Post by: PonoBill on April 20, 2021, 07:46:21 PM
mmmmmmmMMMmmOK. Sound like some fractal Fibonacci Tumeric bowel cleansing explanation for a misspelling, but I'm going with it. Letting it wash over me. I'm going to take a picture of this screen with me looking bemused and disbelieving, attach an NFT and sell it for $100K, that then piss it away on good champagne.  Cryptohangover. It could be a meme. Or not.
Title: Re: Doge to a Dollar
Post by: all~wet on April 20, 2021, 08:00:11 PM
HODL= Hold On for Dear Life
Title: Re: Doge to a Dollar
Post by: Chan on April 21, 2021, 09:07:10 AM
mmmmmmmMMMmmOK. Sound like some fractal Fibonacci Tumeric bowel cleansing explanation for a misspelling, but I'm going with it. Letting it wash over me. I'm going to take a picture of this screen with me looking bemused and disbelieving, attach an NFT and sell it for $100K, that then piss it away on good champagne.  Cryptohangover. It could be a meme. Or not.

I'd be happy to share some of that champage but I know you don't sell anything.  You're the ultimate hodler.  I should buy you this hoodie.

Title: Re: Doge to a Dollar
Post by: Fishman on April 21, 2021, 10:43:39 AM
Holding .06 nice Chan. With those doge types I buy a little when it looks like it can't go lower. Then when it doubles i take 50%. Then every time it doubles after that take 50% and so on. I'm too old to HODL
Title: Re: Doge to a Dollar
Post by: Chan on April 21, 2021, 01:21:26 PM
I did a few round trips in the mid .2 to high .3 range but I'm still hodling strong.  Crypto currency is one of the most significant financial developments of our lifetime.  I don't want to over intellectualize it, but this is one of the recent advances that has my mind racing.  I've also been trading one of admin's favorite tech companies, NVDA.  https://time.com/5955412/artificial-intelligence-nvidia-jensen-huang
My knowledge level on both of these subjects is about the same as it is on relativity.  I can use it in a sentence.  In Doge lingo, WOW much blaze.
Title: Re: Doge to a Dollar
Post by: PonoBill on April 21, 2021, 09:12:30 PM
The sidebar ad is for Donald Trump coins. I could Hodl some of those if I wanted a coin with a schmuck who looks like he's terminally constipated on the face.
Title: Re: Doge to a Dollar
Post by: Beasho on April 22, 2021, 07:43:12 AM
A doctor friend asked me about crypto last weekend.  I said "I don't know anything."

Then I said "Not totally true here is my advice back up the truck and buy VTI.  Then go surf or hockey skate or ride your bike and do whatever it is you like to do."  What is VTI? he said - Problem Statement!

In Sapiens Yuval Harari claimed Currency the greatest human invention EVER.  The US Dollar, VTI and Crypto all being versions of that concept.  The difference is that the Federal Government will do everything NOT to fail.  Hence the foundation for the US Dollar. 

VTI (Vanguard Total Stock Index) benefits from:

1) US Economy
2) Industriousness of US
3) Ever Increasing Productivity in the form of GDP rising faster than Inflation

and extremely LOW cost.

This is the top of my bookshelf with my investing tomes (what has survived). I am especially grateful to my friend Andrew who gave me a copy of A Random Walk Down Wall Street in 1995.  A Random Walk was worth many 1,000's X its cost.  Better than Apple, or Netflix or Tesla.  Index funds will beat 95% of investment professionals.  Without inside information or Artificial Intelligence don't even attempt to be in the top 5%.   This coming from someone who traded for 10 years and started a hedge fund only to get buzz sawed by the 2008 financial crisis. 

Tulip Bulbs anyone?
Title: Re: Doge to a Dollar
Post by: PonoBill on April 22, 2021, 09:23:33 AM
When the doctors and dentists get interested it's time to run the other way.
Title: Re: Doge to a Dollar
Post by: Tom on April 22, 2021, 04:27:36 PM
Maybe some of you cryptocoin guys can explain something to me. I have a passing interest in cryptocurrency, I know a little bit about it, and my impression is that it is just an investment (gambling) vehicle. I understand the principle that it is designed as a new type of universal currency that can be used to buy things anywhere, BUT I have never talked to anyone who has ever bought anything with it. It seems that people only buy and sell the coins as an investment. If someone owns $1,000 worth of bitcoins they're not going to use it to buy $1,000 worth of goods because they're afraid they'd miss out on a chance to double their money in a day or two. It seems to me that crypto currency is just todays replacement for yesterday's beanie babies.
So, what am I missing?
Title: Re: Doge to a Dollar
Post by: PonoBill on April 22, 2021, 08:02:40 PM
The underlying tech is hugely important. Imagine conducting a transaction with someone anywhere that is absolutely secure. Actually, secure is not the right word. Where they can never deny that the transaction occurred and they accepted it.

What's getting traded is not that. In AI speak it's a fundamentally degraded version of that. Bitcoin is now rare and expensive because mining more is increasingly expensive. The carbon signature for one bitcoin is roughly equivalent to building ten cars. And the cost is consistent with that. I think I have one or two bitcoins someplace, in the beginning, they were easy to mine-- I did it with a PC I wasn't using. Now they aren't.

Most of the new cryptocurrency is NOT mined, it's allocated. It's fundamentally identical to fiat currency except the fiat is not from the bank of England, or the US Treasury, it's from Fred. Fred says he's creating 1 billion Fredcoins and the value is one dollar. Fred has just created one billion dollars. Except I think Fred is a hapless dick and the most I'll pay for them is .0001 dollars. Fred is happy to sell me some. I buy ten thousand. And pay Fred enough to go buy a six-pack.

Fred's tech is fine, the currency is non-fungible, which means I can't just make a bunch of copies and claim they are FredBucks. Some other folks are impressed with this and I can sell my Fred Bucks to them for .0002 dollars. I've doubled my money and I can now buy two six-packs. Holy shit, I could get rich at this. All I have to do is spend every waking minute looking at currencies with no particular basis in their value and trade them. sell them when they rise (or HODL them until they reach a buck and I'm a Fredionnaire). If this sounds like horseshit to you, you could just substitute Tulips or the stupid mortgage credit bundles for Fredbucks.

The tech is cool, the current craze has all the relevance of whatever the fuck Kim Kardasian is doing to make her next billion--cool that she can do it, but no one wants to look at my ass. Cool that she can do it, but I'm out.

Like Chan. I've never had a conversation with her that I didn't come away thinking--OK, I'm not as smart as she is, but I can sort of keep up with what she's saying. That doesn't mean I should copy what she does. I'll just admire it from a distance and hope I don't get hurt by it. I suspect Admin feels the same way.
Title: Re: Doge to a Dollar
Post by: surfcowboy on April 22, 2021, 08:18:14 PM
As usual Pono summarizes well. The decline of cash is bad for privacy. The blockchain gives us the anonymity of cash with the security and convenience of digital.

Beyond currency imagine if tickets were digital but you didn’t have to give your name or ID to use them etc. Limitless uses for the technology.
Title: Re: Doge to a Dollar
Post by: Admin on April 23, 2021, 03:40:29 AM
I just love the absurd, and Doge is as absurd as it gets. 

I suspect that very few Dogers have a real grasp of what they are hodling.  There is great beauty in that. 

Here is a fun article from 2018 that gives (dated) insight into one of the two Doge founders.  How much he thinks that has all changed now would be interesting to know.

“A lot of what I do is trying to understand and then measure, qualify this stuff about adoption, and actual decentralization,” he says. “Bitcoin’s become a little bit like a religion, a little cult-like, and I think that’s not a good way to treat a technology. You should actually treat it proportionally to the value it adds back to society, which I think at this point of time—objectively—is very little.”

This is the key message that Palmer is keen to impart to his followers, as well as the fact that we are still in the early days of what cryptocurrency might be.

“I think that it’s still an unproven paradigm. A lot of people have this blind faith that it’s the future of everything and I think it’s important to have some skepticism there.” He also points to the materialistic attitude that's been cultivated as a reason why the industry finds itself rampant with speculators but virtually no users. “I think because it has money attached to it, it’s also incentivized people to be less reflective on its actual use because they don’t want to devalue their investment.”


Here is another interesting tidbit.  My understanding is that China has direct control over 80% of the current blockchain (the ledger) functions.  Think about that.

China powers nearly 80% of the global cryptocurrencies trade, but the energy required could jeopardise its pledge to peak carbon emissions by 2030

China banned trading in cryptocurrencies in 2019 to prevent money laundering, but mining is permitted.


https://www.theguardian.com/technology/2021/apr/07/china-bitcoin-mining-climate-targets-nature-study
Title: Re: Doge to a Dollar
Post by: Beasho on April 23, 2021, 06:46:10 AM
When the doctors and dentists get interested it's time to run the other way.

That was the underlying jab.  Doctors, Dentists, Taxi Drivers and now Millennials talking up their latest investment is the signal we are topping and about to crash.

Boomerang by Michael Lewis is another great book.  He interviews the up and coming "Hedge Fund" captains in Iceland circa 2008.  He asks them why they should be better than the ex Goldman Sachs NY fat cat at running their respective Hedge Fund.  He compares it to fishing and how long it would take to master the fisher trade in Iceland "At least 30 years before you would have a chance of being one of the best . . ."  Oh really!
Title: Re: Doge to a Dollar
Post by: Chan on April 23, 2021, 07:52:12 AM
This is where it gets interesting.  Crypto is morphing from a primarily speculative investment, kind of like coin collection but an absurd version because of unlimited (doge) or massive (bit) supply into, for lack of a better word, currency.  The first fiat currency to be widely adopted and not backed by a government.  This is a monumental event.  One that I have had some strong misgivings about.  I think it will (is) happening and my sentiment is becoming more positive.  Like most advances, it has the potential for good.   After the speculative frenzy and the get rich quick schemes subside, I think a stable crypto currency will remain.  It will be used in the real world to purchase cars and shoes and in the virtual world to purchase skins and wings.

This brings me back to the article I posted earlier where Huang explains:

"In the future, the digital world or the virtual world will be thousands of times bigger than the physical world. There will be a new New York City. There’ll be a new Shanghai. Every single factory and every single building will have a digital twin that will simulate and track the physical version of it. Always. By doing so, engineers and software programmers could simulate new software that will ultimately run in the physical version of the car, the physical version of the robot, the physical version of the airport, the physical version of the building. All of the software that’s going to be running in these physical things will be simulated in the digital twin first, and then it will be downloaded into the physical version. And as a result, the product keeps getting better at an exponential rate.

The second thing is, you’re going to be able to go in and out of the two worlds through wormholes. We’ll go into the virtual world using virtual reality, and the objects in the virtual world, in the digital world, will come into the physical world, using augmented reality. So what’s going to happen is pieces of the digital world will be temporarily, or even semipermanently, augmenting our physical world. It’s ultimately about the fusion of the virtual world and the physical world."

If you have any doubt try the newest Oculus options and then have a look a this,

https://www.youtube.com/watch?v=E6RgKoVsIiM


Title: Re: Doge to a Dollar
Post by: PonoBill on April 23, 2021, 11:57:27 AM
I suspect that very few Dogers have a real grasp of what they are hodling.  There is great beauty in that. 


Hence my Fibonacci, Fractal, Bowel cleanse comment. They say the words like it's an incantation. I see the light in their eyes, but it's not the light of knowledge. It's fever. That doesn't mean people won't make money screwing with this, but I'm not going to play. I burned out my speculation fever buying a bunch of Tesla when it bottomed out before the stock split. I know all too well that a big success breeds a bigger failure. I've seen and known a lot of people that thought their success meant they knew what they were doing. I'm sure some people do, but I absolutely know that I don't.
Title: Re: Doge to a Dollar
Post by: Admin on April 23, 2021, 12:12:51 PM
Show them this :)

https://txstreet.com/
Title: Re: Doge to a Dollar
Post by: Admin on April 23, 2021, 12:38:34 PM
Well, there's no black lung :)

https://www.youtube.com/watch?v=LpzzVvhzMeM
Title: Re: Doge to a Dollar
Post by: Chan on April 28, 2021, 08:45:20 AM
Fate loves irony.

https://www.youtube.com/watch?v=kiJojTCtm4Q
Title: Re: Doge to a Dollar
Post by: Admin on April 28, 2021, 10:20:06 AM
I have to be careful about what I say here...

-Satoshi Nakamoto
Title: Re: Doge to a Dollar
Post by: Admin on April 29, 2021, 06:06:17 AM
(https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcRHBBCUss_EeicjGFNjwKhnztbPKfBCUE9zWNeb2g7AD4s5aJ8tcKBxDd0S_ApnUQ0zoFw&usqp=CAU)

Contrails or a good fit?

Title: Re: Doge to a Dollar
Post by: PonoBill on May 10, 2021, 11:12:57 AM
Wow, it's certainly getting weird out there. Doge to the moon?? I assume Chan is still hodeling.
Title: Re: Doge to a Dollar
Post by: surfcowboy on May 10, 2021, 12:57:01 PM
Go check the price graph during the SNL episode. There are moments on a comedy show that tanked a currency. Now, read that sentence again lol.
Title: Re: Doge to a Dollar
Post by: Chan on May 10, 2021, 04:46:05 PM
Turns out hodling is not my best skill.  I'm still watching it and considering getting back in.  I think dogecoin will go to $1 at some point.  Once the crypto market stabilizes I'll start using my doge$ for everyday purchases.  It's been an interesting phenomena to be involved in.
Title: Re: Doge to a Dollar
Post by: Chan on May 10, 2021, 04:49:44 PM
I talked myself back in.  Take it to the moon Musk!
Title: Re: Doge to a Dollar
Post by: Admin on May 10, 2021, 05:00:52 PM
Doge is better than bitcoin but still slow as a doge.  Decentralization and a public ledger is great, but it super inefficient and slow.  So, as alternatives and solutions come on line things speed up a little but at the expense of decentralization, etc.  If the public wants it to work, it will be made to work.  How it looks at that point is anyone's guess.

So, if every American adopts Bitcoin, each person will be able to complete 1 transfer every 954 days (2 and 1/2 years) on the Bitcoin network.

If everyone in the world wants to use Bitcoin, they will be able to complete 1 transfer every 22,424 days or 1 transaction per 1 person in 61 years.

As Dogecoin is 10 times faster than Bitcoin, if every American starts using Doge, the limit is 1 transfer per 1 person in 95 days or 3 months.

https://provscons.com/is-dogecoin-faster-than-bitcoin/#:~:text=However%2C%20due%20to%20network%20propagation,process%2040%20transactions%20per%20second.
Title: Re: Doge to a Dollar
Post by: PonoBill on May 10, 2021, 10:31:57 PM
I talked myself back in.  Take it to the moon Musk!

Gee, so it might double. That would be exciting.

With distributed ledger crypto no significant number of people are going to use it for legitimate transactions. It would be quicker to fly to China and pay with rolls of pennies. I used to think DNS propagated slowly. With all the horseshit people tack on to ledger data you're soon going to have to move terabytes to buy anything.
Title: Re: Doge to a Dollar
Post by: Chan on May 11, 2021, 06:52:07 AM
That's 2020 talk PonoBill.  100% is a great return for 2021.  The overall crypto market has skyrocketed to 2.5 Trillion.  I think there is sufficient interest to develop blockchain technology that will accommodate the volume. 
Title: Re: Doge to a Dollar
Post by: PonoBill on May 11, 2021, 08:20:32 AM
Oh, for the salad days of 2020.

I don't have any idea what that will look like. The problem of a representative currency with stated value has never been solved previously. It's always subject to counterfeiting. A distributed ledger prevents duplication but requires exchanges, which enables theft or moving distributed data which grows exponentially. If a problem can be stated it is solvable, but that means the problem of how to counterfeit, hack, steal or launder is also solvable.

No doubt crypto will grow, but what a mess.
Title: Re: Doge to a Dollar
Post by: Admin on May 13, 2021, 05:19:23 AM
No doubt crypto will grow, but what a mess.

This is great :)

https://www.forbes.com/sites/billybambrough/2021/05/13/tesla-and-ethereum-billionaires-spark-shock-300-billion-crypto-price-crash-as-bitcoin-and-dogecoin-suddenly-plummet/?sh=19d9bd0334f6
Title: Re: Doge to a Dollar
Post by: Chan on May 13, 2021, 10:07:28 AM
It sounds like the push to redesign crypto mining to reduce the environmental impact is on. 
Title: Re: Doge to a Dollar
Post by: Admin on May 13, 2021, 12:35:47 PM
Cardano.  Now.  Do it.  SWARM.
Title: Re: Doge to a Dollar
Post by: PonoBill on May 13, 2021, 12:43:50 PM
Assuming it actually happens that might yank the rug out from under Bitcoin. It doesn't matter how "green" the terawatts are, they can be used for stuff other than heating water via blade computers and solving a pointless math problem that happens to yield value because of a shared delusion. Crypto-Yuan looks like a potential winner, the US is unlikely to do anything creative given a legislative body that either has room-temperature intelligence or is far too busy with gathering personal power to pay attention to anything else. The euros are wandering in circles as usual. Maybe Singapore? They seem smart. Bitcoin and Doge look like a passing fancy--artificially rare, artificially valued. Might as well speculate in sneakers.

I am most likely completely wrong about everything as usual, but it seems to me the most likely winner X number of years from now is a fiat currency that is non-fungible, ie, cryptographically verifiable as real, but transferrable with minimal friction.
Title: Re: Doge to a Dollar
Post by: Chan on May 13, 2021, 02:05:44 PM
Cardano to Mars and beyond...  This time I'm really going to try to HODL.
Title: Re: Doge to a Dollar
Post by: PonoBill on May 13, 2021, 11:09:35 PM
Sheesh. I want to play bullshit bingo with these guys.

"proof-of-stake blockchain founded on peer-reviewed research... evidence-based methods...pioneering technologies...unparalleled security and sustainability...decentralized applications...redistribute power...unaccountable structures to the margins...an enabling force for positive change and progress."

BINGO!!!

Wow. Sustainability. Yeah, that's what we're looking for. Beyond Crypto Hamburger.

Seriously though, tell me what the fuck this means. I need a translator:

"Ouroboros is the first provably secure proof-of-stake protocol, and the first blockchain protocol to be based on peer-reviewed research. Ouroboros combines unique technology and mathematically-verified mechanisms - which, in turn, combine behavioral psychology and economic philosophy - to ensure the security and sustainability of the blockchains that depend upon it. The result is a protocol with proven security guarantees able to facilitate the propagation of global, permissionless networks with minimal energy requirements - of which Cardano is the first.

At the heart of Ouroboros is the concept of infinity. Global networks must be able to grow sustainably and ethically: to provide greater opportunities to the world while also preserving it. This becomes possible with Ouroboros.

Ouroboros facilitates the creation and fruition of distributed, permissionless networks capable of sustainably supporting new markets."

Chan, no fucking way you're HODLing. Your attention span is actually shorter than mine, and mine is measured in picoseconds.
Title: Re: Doge to a Dollar
Post by: Admin on May 14, 2021, 07:05:48 AM
They said Ouroboros, what more could you possibly need?

The real fun can be found on the "who is steering the ship?" pages.  You will enjoy these:

https://cardano.org/governance/
https://bitcoin.org/en/about-us#owntxt2-title

Title: Re: Doge to a Dollar
Post by: PonoBill on May 20, 2021, 10:40:28 PM
Holy crap. Literally.
Title: Re: Doge to a Dollar
Post by: Admin on May 21, 2021, 06:07:11 AM
Coins are cancelled.  Ford to 20!
Title: Re: Doge to a Dollar
Post by: Wetstuff on May 21, 2021, 12:48:56 PM
I have no reason to eavesdrop here..  I stumbled forward thru 2001, 2008, etc. without even really looking at allocations...  I don't know jack-c'hit about digital currencies, other than major magazines say Gvmt. currencies better beware...

What I do know about Doge came from this hilarious podcast...

https://www.nytimes.com/2021/05/14/podcasts/the-daily/dogecoin-cryptocurrency-bitcoin.html

The dumb c'hit ...didn't take a monster gain (only half?!) off the table?  I have a hunch heroin addicts shoot all they have and also do not save stash for the day their dealer gets arrested. 

Jim
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