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Are we allowed to talk about Bitcoin?

Discussion in 'Sports and News' started by Dick Whitman, Dec 18, 2013.

  1. TheSportsPredictor

    TheSportsPredictor Well-Known Member

    Elon Musk is the Dogefather.
     
    Mngwa likes this.
  2. Mngwa

    Mngwa Well-Known Member

    He's the Egodfather
     
  3. bigpern23

    bigpern23 Well-Known Member

    Ethereum and Doge blasting to new highs today. Ethereum smashed through $3k and is up to $3,400. Doge is up to $0.44 after falling to $0.24 a couple weeks ago.
     
  4. TheSportsPredictor

    TheSportsPredictor Well-Known Member

    Doge breaks .50
     
  5. bigpern23

    bigpern23 Well-Known Member

    And heading straight for $0.60.
     
  6. bigpern23

    bigpern23 Well-Known Member

    Climbed all the way to $0.64 before pulling back to $0.51.
     
  7. The Big Ragu

    The Big Ragu Moderator Staff Member



    Right. Once the mob momentum was removed, the price dropped quickly.

    Imagine what the drop is going to look like when the monetary-induced bubble actually pops and the artificial liquidity just disappears. At least on some assets that have been riding the recklessness to insane valuations, they are assets that have an actual intrinsic value -- an actual worth. When something that is worthless is made expensive, it's not like it can crash and then find a valuation greater than zero that is commensorate with its worth.
     
  8. goalmouth

    goalmouth Well-Known Member

    "commensorate" lol
     
  9. Inky_Wretch

    Inky_Wretch Well-Known Member

    I forgot I'd put in an order to sell some shares of Doge at $0.50. I logged into my account and saw some cash and was really confused.
     
  10. TheSportsPredictor

    TheSportsPredictor Well-Known Member

    Doge hitting all-time highs again.
     
  11. bigpern23

    bigpern23 Well-Known Member

    Shot all the way up to $0.72 overnight. Back to about $0.66 now. Sure seems like it’s heading toward $1.00. I’m not fool enough to predict when, but I am fool enough to think it will happen.
     
  12. The Big Ragu

    The Big Ragu Moderator Staff Member

    The price action is in anticipation of Elon Musk hosting SNL on Satuday.
     
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