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The Water Cooler
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Anyone riding the Doge train?
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<blockquote data-quote="Cowbaby" data-source="post: 3561822" data-attributes="member: 46875"><p>I am a gold guy meself. They are exercising TOTAL control of that and letting this run amok.</p><p></p><p>I consider them speculations not investments at the current time. As long as you can understand the difference its OK to play with some butt-coins. Its is out side of dollars which is what matters right now. I speculate in crap stocks myself sometimes. As long as you understand you are.</p><p></p><p>Elon Musk tweeting and buying Doge is what set this rocket ship off to the tune of 4000 pluss% in a year. An eye watrering return in anyone's portfolio. Don't remember who it was but some famous money manager one said that if your are making outsize returns you need to sometimes re-examine the amount of risk you are carrying. Or as our very own Will Rogers so succinctly stated "I am not worried so much about the return on my investments so much as the return OF my investments".</p><p></p><p>Tokens passed 1 trillion market cap the other day. That is gov't level and Central Banker amounts of zeros. Trust me it has the Federal Reserves undivided attention now. It is cutting into their control and endangers their power to issue the currency which is something they will not give up easy without a fight.</p><p></p><p>On the other hand they have allowed this to get this big. Which makes me wonder if this was not the plan all along because if you think about it they record every transaction that was ever made with them in the blockchain. Try to dodge some taxes with that. Or a totalitarian control in a cashless society where they can flip a switch and cut you completely out of a monetary system and block your ability to transact.</p><p></p><p>No saying this is true, but are we being given a Trojan Horse poison pill to test out our acceptance adoption? The fact that they are allowing it to happen bugs me the most. Just my two centavos which is worth even less.</p></blockquote><p></p>
[QUOTE="Cowbaby, post: 3561822, member: 46875"] I am a gold guy meself. They are exercising TOTAL control of that and letting this run amok. I consider them speculations not investments at the current time. As long as you can understand the difference its OK to play with some butt-coins. Its is out side of dollars which is what matters right now. I speculate in crap stocks myself sometimes. As long as you understand you are. Elon Musk tweeting and buying Doge is what set this rocket ship off to the tune of 4000 pluss% in a year. An eye watrering return in anyone's portfolio. Don't remember who it was but some famous money manager one said that if your are making outsize returns you need to sometimes re-examine the amount of risk you are carrying. Or as our very own Will Rogers so succinctly stated "I am not worried so much about the return on my investments so much as the return OF my investments". Tokens passed 1 trillion market cap the other day. That is gov't level and Central Banker amounts of zeros. Trust me it has the Federal Reserves undivided attention now. It is cutting into their control and endangers their power to issue the currency which is something they will not give up easy without a fight. On the other hand they have allowed this to get this big. Which makes me wonder if this was not the plan all along because if you think about it they record every transaction that was ever made with them in the blockchain. Try to dodge some taxes with that. Or a totalitarian control in a cashless society where they can flip a switch and cut you completely out of a monetary system and block your ability to transact. No saying this is true, but are we being given a Trojan Horse poison pill to test out our acceptance adoption? The fact that they are allowing it to happen bugs me the most. Just my two centavos which is worth even less. [/QUOTE]
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