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posted ago by doug2 ago by doug2 +25 / -0

And it is called fucking DOGECOIN. Yes, a crypto that sounds like a bad meme is absolutely crushing it because it is becoming a facebook meme.

The plan is to get it to over 1$ and right now it's only at around 6-7 cents.

https://www.reddit.com/r/dogecoin

I know this isnt WSB but god damn I didn't want you all to feel left out.

Comments (23)
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NotAPuma 2 points ago +2 / -0

Can you mine Dogecoin like Bitcoin? I don't have any cash on hand right now.

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dirtymikeandthebois 1 point ago +1 / -0

Gamestop actually made sense.

Dogecoin is literally playing roulette. Absolutely you can cash in, but even in terms of Bitcoin, it offers nothing of value over the competition and their website looks like my boomer dad made it in 1990.

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doug2 [S] 1 point ago +1 / -0

Hey just back to say it hit 70 cents that means I was right and if you'd just listened to me you could have 10x your money :)

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dirtymikeandthebois 1 point ago +1 / -0

Doesn't change a damn thing about what I said. I had dogecoin and cashed out. I'm on to other shitcoins.

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doug2 [S] 1 point ago +1 / -0

100% agree bro. It is not something I ever do or that I'd I'd reccomended... normally.

Right now? Everyone is going hard trying to be part of the next big thing. It's gone from .007 to around .08 in 24 hours.

Lol.

I do work for my friend on the side and I don't do it for money. He called me and told me about this, and I said he could put my payment into dogecoin. It's been a smart decision and even if I lose all of it? I don't care at all. I'll sell if it hits .5, otherwise hold and see how far we can go

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RiffFantastic 1 point ago +1 / -0

Sure, now you tell us. Would've been nice to get in a little earlier. I remember all the fags on Reddit lol'ing about many years ago. I'm going to sit this one out.

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doug2 [S] 1 point ago +1 / -0

Dude I joined in like 8 hours ago and it has been literally crazy while I get money for nothing. But uh, you do you I could care less I'm just spreading the word.

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RiffFantastic 1 point ago +1 / -0

I'm just fucking with you, but I typically avoid artificially inflated schemes if I'm looking to make money. If you've got the money to burn, go for it.

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doug2 [S] 1 point ago +1 / -0

It hit 70 cents bro. Just letting you know I told you early as fuck

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RiffFantastic 1 point ago +1 / -0

What was it 4 months ago?

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Seruna_Kanus 1 point ago +1 / -0

ONe of my co-workers decided to play with the Dogecoin market today, man was having a hell of a good time tonight, giving me small updates as the night went on.

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purepepelegends 1 point ago +1 / -0

where do I buy it? And how do I sell it once it goes up? I've never directly bought a stock or crypto by myself before.

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doug2 [S] 1 point ago +1 / -0

I hope you ended up figuring it out, this shit was prophetic

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purepepelegends 1 point ago +1 / -0

I learned that you need a "wallet", and there are many types, and you need to pick the right one from the right site to download that. Then you need an account on multiple coin exchange sites, and they ask for your social security number, copies of bills in your name, etc to prove your identity. Then you have to buy bitcoin using dollars. Then you use the bitcoin to buy dogecoins. I never figured out how to convert dogecoins to dollars. It is still a little too complicated for me, requiring me to trust too many faceless entities with my social security number and other identifying information.

Do I have the overall steps right? I started the process, and then cancelled the effort once I saw that coinbase and binance were asking for extra documents to prove my identity. Is that normal?

Do you convert your dogecoins to dollars? Is that easy to do? How do you cash out?

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doug2 [S] 1 point ago +1 / -0

Check the reddit link it has a guide. I had my buddy who does it and who owed me money. I just told him to throw my payment in too.

So honestly idk.

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purepepelegends 1 point ago +1 / -0

I see how to buy it, but how do I convert dogecoins back to dollars after it goes up? Is that possible?

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doug2 [S] 1 point ago +1 / -0

Yes that's the entire point actually. Like I said I'm not sure how I think there are just apps that let you buy and sell with real money.

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purepepelegends 1 point ago +1 / -0

I know absolutely nothing about how to buy and sell cryptocurrency. Other than it is a "block chain" which I've heard explained a few times. But I have no idea how to get them, or how any of it works. Dammit

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TheResurrection 1 point ago +1 / -0

Open an account with a crypto exchange like Coinbase. Just like opening a brokerage account online.

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purepepelegends 1 point ago +1 / -0

Working on it... looks like my bank doesn't like coinbase... also trying on binance.us... looks like they want some extra documents...

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TheResurrection 1 point ago +1 / -0

Binance may not accept US customers for regulatory reasons. Coinbase does bank like customer identification.

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Elanea32 0 points ago +1 / -1

Hm, no American is going to put the dollar sign after the amount. Get lost.

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doug2 [S] 1 point ago +1 / -0

I grew up in England. Check my post history lol