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Slumdoge millionaire Shared: Dogecoin is going to a dollar whether y’all like it or not.
Community Reaction: Lol that ain’t ever happening dogecoin.
Dogecoin will be a dollar one day. BET
You guys will buy it, then it goes up by a penny, and then everyone dumps it. Here’s no way it gets to a dollar.
Don’t talk about your net worth like that brother. You got the whole squad laughing with that one.
Of course, that’s possible but Doge needs to have more use cases for that to happen. Elon has already provided a utility with the merch and They’ve began minting NFTs in its blockchain. If the developers continue to work hard it will transform from being just fun to some utility token.
So creepy that doge holders say “Elon” like they know him personally.
He said “Elon” the same way you dropped his name. What is the difference? That is his name. Would you prefer people call him Mr. Musk? Just to make you feel better.
Me using “it was” to highlight the creepiness.
Better hurry! Every year more Doge is minted making that task even harder. Eventually it’ll go back under a penny.
It’ll never hit a dollar. The entire purpose of it was to be a low-cost unlimited supply inflationary coin. It’ll always be around 25 cents.
That’s what they said about it getting to a penny. It’s a set limited supply, increase per year, which allows it to be a daily use currency, while allowing others to horde it. Kinda like the dollar bill.
It was 74¢ this cycle. A dollar is easy. Dude, have you heard of Shinja (Shibnobi) this coin is going to Sky Rocket; still so early Only 24k holders! Imagine putting your 250k in when Doge was this price.
There is an infinite amount of Doge that can be created. Large stakes held by few. Kind of like currency. It is possible to hit a dollar.
If you read the doge paper, doge inflates a fixed amount. That means every year the percentage of dogecoin created is less and less.
Why would anyone invest in an inflationary coin? I guess the inflation part will eventually go away if what you say it’s true but how long till it’s 0?
Will never be zero. It could be 0.0003% a year though, which is almost the same thing
So why invest in an inflationary coin, when there’s deflationary coins?
Problem with your investment strategy in dogecoin, mine previous, was holding. Your strategy indicates you are going to sell and make Doge useless. If you believe in dogecoin, begin buying new dogecoin and use it as money next time you can. Otherwise, just quiet. Sorry for being so mean.
He has to hold for at least 1 year or pay massive tax bills.
No! If he sold long time ago, he just needs to pay 25-30% but now he’s down 2 million. I rather pay tax!
This bull cycle is coming to an end. It will go back to a penny first. You will learn a hard lesson and realize you never really were a dogecoin millionaire because you didn’t realize profits.
I would love it if it happens before new year.
Why is that? Cause you own a bunch of or is there any analysis behind your words? I would like to see Doge even higher, but I don’t see any need to shout it out loud without any explanation.
