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> But events like Dogecoin hitting a $50B market cap are very unsettling to me. It's the sign of the peak of the bull market. There is going to be hangover.
by miohtama 6y ago
> But events like Dogecoin hitting a $50B market cap are very unsettling to me.
It's the sign of the peak of the bull market. There is going to be hangover.
- koheripbal 6y agoIt's the sign that no crypto has really found the right value-add yet. They are all struggling with poor transaction throughput/high fees, huge bandwidth for nodes, deflationary money supply, etc...
- undersuit 6y agoI only had Doge because I could use it for cheap exchanges between hard to find currency pairs when I was mining. Those pennies of left over coin became thousands of dollars worth and I sold at $.04 when the Diamond Hands on WSB pumped it during the start of the GME squeeze. It all makes no sense and yet I participate.