Dogecoin Traders Push To Make April 20 'Doge Day' (fortune.com) 46
April 20th or 4/20 is the unofficial marijuana holiday where thousands of cannabis smokers celebrate the smoking of marijuana with marijuana. But this year, it could also be the day the meme-based cryptocurrency Dogecoin shatters new record highs. According to Fortune, "advocates are hoping to see Dogecoin hit $1 on April 20 -- one week after it was valued at just 9 cents. From the report: Dogecoin has already hit some financial landmarks that didn't seem possible at the start of the year. Its market value has topped $50 billion, making it bigger than Ford or Marriott. And if it comes close to hitting its target Tuesday, it could outpace some blue-chip companies. For once (for now), Elon Musk has nothing to do with the furor surrounding Dogecoin. This time, the credit goes, in part, to... Slim Jim. Really.
The packaged meat product latched on to Dogecoin-mania on its Twitter account last Wednesday (saying "RT to send Doge to the moon!!" -- the rallying cry among the r/WallStreetBets crowd for GameStop stock). The cry worked. Doge fans -- and even other brands -- jumped on the bandwagon quickly.
The packaged meat product latched on to Dogecoin-mania on its Twitter account last Wednesday (saying "RT to send Doge to the moon!!" -- the rallying cry among the r/WallStreetBets crowd for GameStop stock). The cry worked. Doge fans -- and even other brands -- jumped on the bandwagon quickly.
The Metaverse! (Score:2)
I don't know about you but (Score:1)
you can't make 4/20 about other stuff man! (Score:5, Insightful)
you can't make 4/20 about other stuff man!
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A lot of people don't know that. It kind of makes sense though. What better way to remember than to smoke something that makes you forget?
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Is it Hitler's real birthday, or just the official one.
(Queen Elizabeth II, head of he British commonwealth, has an official birthday on a Monday in June, her real birthday is 21 April. George Washington also has anofficial birthday that always falls on a monday.)
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It's his real birthday, not an official holiday in his honour.
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Queen Elizabeth II, head of he British commonwealth, has an official birthday on a Monday in June,
That's not her birthday as a person, it's the ceremonial day for the role of the Monarch, and it's celebrated on different days in different countries of the Commonwealth.
When Charles becomes King, the day will likely remain the same day because it goes with the role.
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Why not? Apple is going to try to make the day about new iPads and other assorted Apple junk.
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There's only 365 days in a (non-leap) year. The annual Day of $THING is bound to eventually have collisions.
Personally, I don't mind potheads having to share their day with something else. Not everyone is into that stuff, ya know?
My good friend (Score:2, Funny)
April 20th or 4/20 is the unofficial marijuana holiday where thousands of cannabis smokers celebrate the smoking of marijuana with marijuana.
So true, every year I invite my good friend Marijuana over and we pull huge bong rips together. It’s very social.
So we can have a Doge Day Afternoon? (Score:5, Funny)
Re:So we can have a Doge Day Afternoon? (Score:4, Funny)
Personally I have no doge in this fight, and I think we should let sleeping doges lie.
What does Elon want it to the priced at? (Score:2)
Judging from Elon's weird sense of humor, he'd probably want to bump the price to 69 cents on 4/20.
That's going to take a TON of purchases to make happen, though. I doubt that he has enough free cashflow on hand to make a cryptocurrency with a 50 billion market cap move like that in a day. Maybe he can pull it off with the assistance of his TSLA fanboys?
Re: What does Elon want it to the priced at? (Score:3)
Weird sense of humor? Juvenile is more like it.
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Everytime I see these numbers I think the same thing.
Market Manipulation (Score:3)
Someone is looking to pump up demand for when they dump their ultimately worthless fake-currency investment. Slashdot is being complicit.
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/. has been posting an alternating cycle of cryptocurrency pump / FUD stories ever since cryptocurrency has been a thing. The reality is though, it's not market manipulation because the public perception of crypto is the market. There is no Bitcoin or Dogecoin Inc. where the values are ostensibly based on the fundamentals of the company. The value of your crypto holdings is based on the supply of fools who believe at some point in the future, they'll be able to resell their holdings at a profit to even g
Re: Market Manipulation (Score:2)
Allow me to introduce you to the derivatives market...
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The value of your crypto holdings is based on the supply of fools who believe at some point in the future, they'll be able to resell their holdings at a profit to even greater fools.
You mean I can directly invest in basic human stupidity? You sonofabitch, I’m all in.
Re: Market Manipulation (Score:2)
Naw man. See, they've got this system where *you* Buy and Hold, to Stick It To The Man. It's a system.
Trust the system.
Unless you
Like
It that The Man can
Piss all over the little guy.
So buy and hold.
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I think for the foreseeable future this is going to be a strategy for social media companies. It is easy money after all, and it is not regulated. And it is not even the social media company doing the pumping technically. They just choose what they allow to filter through.
Accepted Payment Method (Score:3)
If more and more well-known businesses start accepting Dogecoin as a form of payment, then I can see Dogecoin going higher.
The Dallas Mavericks [twitter.com] already accept it.
And Newegg just announced [twitter.com] minutes ago that they will start accepting it too.
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Hitlers birthday ? (Score:2)
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You have to hope this coincidence is down to ignorance and not design. A relative of mine was born on that day so it's a date I notice (and the reason Google has several searches for "Hitler's Birthday" in my search history - sometimes I need to be reminded).
German "Reunification Day" is October 3rd which is the day the first post-wall elections were held, the one where the East voted for Western parties and made it clear what they wanted. A better day would have been the day the wall was opened, allowing
Old tricks (Score:3)
An old conman trick is to make people think they're in on the scam, when they're the target of it.
To make people think they're in on the joke, when they're the butt of it, is just a very simple extension of the idea. It works in politics too.
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It works in politics too.
*cough* antifa *cough*
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The example in politics would be someone who thinks they're so crazy, and so hilarious, and they make the enemy so mad, LOL! While in reality they're getting screwed over by their own side, their leaders laugh of them, not with them.
You can find examples both on the left and right of that, but antifa is hardly one. They're not very ironic or "joking", are they?
Weedcoin (Score:1)
the cryptic currency...
Already up to 43 cents! (Score:2)
oof (Score:1)
Introduction of enolez (Score:1)
To The Moon (Score:1)