Author Topic: Doge to a Dollar  (Read 3940 times)

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Doge to a Dollar
« on: April 18, 2021, 01:07:23 PM »
Let's make it happen :).


Chan

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Re: Doge to a Dollar
« Reply #1 on: April 18, 2021, 01:18:25 PM »
We don't sell we Hodl.  In doge we trust.  ;)

Admin

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Re: Doge to a Dollar
« Reply #2 on: April 18, 2021, 01:28:52 PM »

Fishman

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Re: Doge to a Dollar
« Reply #3 on: April 18, 2021, 02:07:55 PM »
It's only up 17,000 % from last year. If i only had held...
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PonoBill

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Re: Doge to a Dollar
« Reply #4 on: April 18, 2021, 10:34:49 PM »
I thought it was Dodge, as in Neill Stevenson's "Fall; or, Dodge in Hell"
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FRP

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Re: Doge to a Dollar
« Reply #5 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.

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Subber

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Re: Doge to a Dollar
« Reply #6 on: April 19, 2021, 07:31:44 AM »
Manias!
 8)
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Re: Doge to a Dollar
« Reply #7 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.

Wetstuff

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Re: Doge to a Dollar
« Reply #8 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. 

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PonoBill

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Re: Doge to a Dollar
« Reply #9 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.
Foote 10'4X34", SIC 17.5 V1 hollow and an EPS one in Hood River. Foote 9'0" x 31", L41 8'8", 18' Speedboard, etc. etc.

Admin

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Re: Doge to a Dollar
« Reply #10 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.
« Last Edit: April 20, 2021, 10:06:21 AM by Admin »

PonoBill

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Re: Doge to a Dollar
« Reply #11 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.
« Last Edit: April 20, 2021, 10:30:55 AM by PonoBill »
Foote 10'4X34", SIC 17.5 V1 hollow and an EPS one in Hood River. Foote 9'0" x 31", L41 8'8", 18' Speedboard, etc. etc.

Chan

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Re: Doge to a Dollar
« Reply #12 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. 

PonoBill

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Re: Doge to a Dollar
« Reply #13 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.
Foote 10'4X34", SIC 17.5 V1 hollow and an EPS one in Hood River. Foote 9'0" x 31", L41 8'8", 18' Speedboard, etc. etc.

all~wet

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Re: Doge to a Dollar
« Reply #14 on: April 20, 2021, 08:00:11 PM »
HODL= Hold On for Dear Life

 


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