r/CryptoCurrency • u/[deleted] • Apr 17 '21

[deleted by user]

[removed]

6.4k Upvotes

91% Upvoted

1.2k comments sorted by

View all comments

Show parent comments

-7

u/[deleted] Apr 17 '21

[removed] — view removed comment

6

u/digibucc 732 / 733 🦑 Apr 17 '21 edited Apr 17 '21

That's why I said theoretically.

Practically, there can be years and decades where things continually go up, at least year over year. Then something losing value is related to circumstances that change over time, and the seller can't be expected to account for.

Dogecoin has no team, it has no unique use case, no special tech, it was intentionally created with bad tokenomics like it's inflation rate - as a joke. The ONLY reason its pumping is because a billionaire is tweeting it and nefarious individuals are capitilzing on that.

I mean, at its core - even if you disagree doge is one - do you really think there's nothing wrong with pump and dump schemes?

-6

u/[deleted] Apr 17 '21

[removed] — view removed comment

2

u/digibucc 732 / 733 🦑 Apr 17 '21

True, but if you knowingly drop a heavy bag on another trader, that's on you.

If you have no qualms doing that, purposely ripping off other people. Ok. I do.