Replies to post #11995 on DogeCoin (DOGEUSD)

[Hattori Hanzo]

It’s peer to peer trading, pure supply and demand with zero safety net. DOGE itself is the asset, there’s just nothing to correlate its value to, besides the supply/demand. Doesn’t matter who will or won’t accept it in the future either, the absolute top for new buyers would be $1, why would I pay more than $1 for DOGE if retailers still accept ACTUAL dollars. This will never displace the almighty dollar. It’s surviving off pure cult support, it will gradually wane

[conix]

If you pay with DogeCoin, you have to report to the IRS what you bought that DogecCoin for so you can pay capital gains if it had appreciated in value.

That should be interesting during tax time.

Next support is at .37

[morgansilverdollar]

Thanks for your concern I have plenty of $DOGECOIN to the moon baby! Woof, Woof.

[ignatiusrielly35]

You just described every cryptocurrency. If you had put a few hundred into Bitcoin at the beginning you’d own a private island by now. But go ahead and think all day about intrinsic value while everyone else gets rich. lol

[creede]

Leave Bitcoin out of this.

[waytoorandom]

So you’re concerned that crypto currency isn’t a stock?

Because we are here SPECIFICALLY because crypto is NOT A STOCK

[WolfKlaw]

if that is what your looking for stay out of Cryptocurrency

[ErnieBilco]

I gave you your 1st follow

I've been missing an Ihub savior for wayyyyy to long.

Keep the wisdom flowing