Dropped 100$ in doge

waterproof808 said:
Doge is only good for a pump and dump. Just hold that shit until Elon tweets about it then sell and put your money into crypto with actual utility.
My money is all on BTC, ETH, and ADA. ADA has some big things in the pipeline in the coming months, and at a nice entry point right now at only $1.21.
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Haha, the doge wallet is insured...you can't see the value in that? If Elon considers it a pump and dump he'll definitely get a nice sec bitch slap.
 
It's just insured....not "against" anything. Say you put $1,000,000 in it. Those funds are insured...up to the value of doge coin.
 
Joshjgreen said:
It's just insured....not "against" anything. Say you put $1,000,000 in it. Those funds are insured...up to the value of doge coin.
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Things are insured against damages. What are the damages that the wallet is insured against? Loss? Theft? Decline in value? Elon Musk negative tweets?
 
Maybe insured is the wrong term. Maybe I should say secured up to the market value of doge. Since the market is 8 billion, the fund in anyone's wallet are secured up to at least 8 billion. Once the doge wallet totals equal the market value doge can even charge to use the wallet....ya know.

Edit: but doge is only worth .07$. once it goes higher more funds are able to be secured.
 
As far as ecurrencys go doge and Phonem are the most exciting. Ethereum is great, works like an ecurrency should, But it's regular. Doge and Phonem are "exciting" as far as the market goes.
 
doge is looking nice today :D wow I hope it gains some more traction, I'm considering buying up to 1k in doge coin
FOR THE MEMES~! !
 
Joshjgreen said:
Haha, the doge wallet is insured...you can't see the value in that? If Elon considers it a pump and dump he'll definitely get a nice sec bitch slap.
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Crypto is not a security. It is unregulated and not secured. The SEC can’t slap anyone for pumping a crypto. No laws no court precedent. The only thing that could happen is he could catch a class action from salty losers. People think of it like a stock but it’s more like a gold nugget in the Wild West. It swings wildly in value and you gotta protect it and yourself if you have it. No law will help you.
 
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Daaamn ethrium classic is up alot!
also that ripple stock looks nice, i'm considering getting the coinbase app so i can get in on some, what do y'all think about the ripple stocks?
 
Nizza said:
Daaamn ethrium classic is up alot!
also that ripple stock looks nice, i'm considering getting the coinbase app so i can get in on some, what do y'all think about the ripple stocks?
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Ripple is a coin. Don’t get confused and think it’s a stock. Ripple somehow is getting into trouble with tax law. Ripple could end up setting the precedent for crypto to be regulated. Volatility can make you money, it can also make you go broke. I did my due diligence on it recently and decided to stay far away. Volatility doesn’t scare me, I’m invested in GameStop, AMC, and Doge. Regulators breathing down XRPs neck scare me off. It’s like they are just waiting to catch them doing something wrong. As always, do what you do. This isn’t financial advice.
 
I wanted to buy xrp a while back when it was in the 0.40 range but couldn’t figure out how to purchase it and now it’s around 1.30. Fml
 
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