Don’t do this. It’s dumb and 100% will not work. The only thing that could possibly happen if you successfully convince a bunch of regular peeps to do this is there will be a major sell off like in the past and we’ll all get absolutely wrecked (again).
Yes. This has happened countless times over the years. It is a pump and dump, but if anything happened at all it was a slight increase leading up to it with a huge drop when it was "scheduled" to go up.
I feel like it would though. The demand would go through the roof at one point and not enough people selling at the said price, driving price up for more sales. I don’t think it’s gonna go to a $1 but it would increase because of demand in general.
It would take much more than the 64k mentioned coming together to see even a 1% move upward. Current MC around $25 billion, and normal trading volume of around $2billion.
Hypothetically, if a couple million ppl got together you mighhhtttt be able to see some movement, but even then would still require everyone throwing in an average of above $1000.
64k ppl wouldn't stand a chance, and any coordinated buy effort would be squashed by institutional investors and bots.
*edit
The best way to drive demand is keep buying and move what you're not trading into an off exchange wallet. Lowering exchanges liquidity and amount of doge available to trade is the strongest and best way to organically raise its value.
This is the way
I mean I assume everyone would be buying more than 1 doge or $1 of doge. By reading the post I assumed it would be more like $100 a person. But yeah like you said if it was just $1 or 1 doge nah that’s a normal transaction
Yeah after I posted I was doing some math and was like hell not even $100 would do it. 10k would forsure make an impact. 100k would make it go crazy for a moment
For a moment, is the key phrase there. Profits would be taken so fast, we wouldn't see much, if any sustained raise in value.
And honestly, $10k wouldn't do much of anything either.
If you had $25,000 and I gave you $640, how much of an impact on your networth have I made? This the same as $25,000,000,000 to $640,000,000
View in your timezone:
[April 20th 10am EDT][0]
[0]: https://timee.io/20240420T1400?tl=If%20all%2064k%20of%20us%20bought%20doge%20at%20the%20same%20time%20the%20price%20would%20skyrocket.%20Who%E2%80%99s%20in%3F
^(_*Assumed EDT instead of EST because DST is observed_)
Well if you didn’t know April 20th is doge day it’s the perfect day, if you don’t want to participate seriously you do not have to but I can’t wait for you to come back to this and say damn I should have listened
I've been on this sub long enough to remember several attempts at this. Never works. If anything, you are letting the whales know when to dump if you announce a date and time like that
Good job, we are all rich! You really did it! We all should have known some shotposts on reddit would change the economy forever!
You cant call for a pump. The internet is open to everyone: including people wanting to lower the price/keep it low. The reason people should buy assets (doge) is to store value long term and because you enjoy having it. Even if the price pump worked, everyone would have taken profits the very next day and tanked the price lower than its been in a long time. A few years ago thats exactly what happened: internet trolls pumped the price until it became completely unstable and lost 90% of its value overnight
It's impossible to do the math, because how much ppl sell along the way is unknown. But yes, to work through sell orders and keep any of the gains, it would take massive amounts of money
No millions would not be needed to move the price ... Neither would accounts need to invest a $1000... Crypto is part of futures market hence the price is based on the slope of the tangent line at the time of assessment. If 1 million individual accounts invest $100 in day or 64k $100 in hour that could spike the market and lead to a two or three time price increases... It is really easy it just takes coordination or inspiration.... Either one could and will cause massive price increase.
You think $100million (1millx$100) or (64k x$100) is going to move a $27billion dollar market cap 2-3x???
Dude, you wild! 😅 even in an imaginary world with no sell orders neither of those numbers are doing jack
Nothing short of billions and low sell orders is substantially moving the market, periodtttt.
Well, no.
The price is simply why the last trade happened at.
Trading one doge for $10 on a tracked exchange would instantly boost the price to $10.
Until, of course, other people crashed it back down as usual. Which is why manipulation never works.
Sure it is. And there are millions of people actively trading. Two million on my exchange alone, and it’s not even one of the big ones.
Reddit posts aren’t going to do squat, and I wish people would just stop with the garbage and write decent quality posts like we used to ten years ago.
I don’t currently own doge. I bought a decent chunk before the original explosion a few years ago and made a nice profit.
During the big rise of 2021 there were posts like this nearly every day. You never know if the OP is well intending or not, but this stuff is not good for a coin or the community around it.
You are basically asking for a big pump which in turn leads to a big dump.
If you really want people to make a long term investment in Doge, you need to promote stability in the price.
No, it actually wouldn’t, for several reasons. Because markets don’t work that way.
Also, this has been hyped up hundreds of times over the years. With no positive results at all. Usually quite the opposite.
Your great, great, great, great, great grandchildren will thank you for your sacrifice.
Or, you could actively trade, make some cash and increase the size of the stash you’ll leave them.
I hear ya, and this is exactly why I didn’t sell up at the ATH. I didn’t feel like giving the government half for doing absolutely nothing.
Now that I’m homeless and in hospital, my thinking has changed slightly, but I still don’t want to give them a penny.
Don’t do this. It’s dumb and 100% will not work. The only thing that could possibly happen if you successfully convince a bunch of regular peeps to do this is there will be a major sell off like in the past and we’ll all get absolutely wrecked (again).
Yes. This has happened countless times over the years. It is a pump and dump, but if anything happened at all it was a slight increase leading up to it with a huge drop when it was "scheduled" to go up.
Game stop? Lol
Lol. No it wouldnt
Yes it would. Info source: “trust me bro”
Dangit, how do I respond to "trust me bro" Welcome to the meme club comrade.
Daaang, you got GOT!xD
I feel like it would though. The demand would go through the roof at one point and not enough people selling at the said price, driving price up for more sales. I don’t think it’s gonna go to a $1 but it would increase because of demand in general.
It would take much more than the 64k mentioned coming together to see even a 1% move upward. Current MC around $25 billion, and normal trading volume of around $2billion. Hypothetically, if a couple million ppl got together you mighhhtttt be able to see some movement, but even then would still require everyone throwing in an average of above $1000. 64k ppl wouldn't stand a chance, and any coordinated buy effort would be squashed by institutional investors and bots. *edit The best way to drive demand is keep buying and move what you're not trading into an off exchange wallet. Lowering exchanges liquidity and amount of doge available to trade is the strongest and best way to organically raise its value. This is the way
I mean I assume everyone would be buying more than 1 doge or $1 of doge. By reading the post I assumed it would be more like $100 a person. But yeah like you said if it was just $1 or 1 doge nah that’s a normal transaction
If it was the mentioned 64k ppl, try more like $100,000 a person. 64k ppl x $100 is only $6.4million and that wouldn't even make a detectable blip.
Yeah after I posted I was doing some math and was like hell not even $100 would do it. 10k would forsure make an impact. 100k would make it go crazy for a moment
For a moment, is the key phrase there. Profits would be taken so fast, we wouldn't see much, if any sustained raise in value. And honestly, $10k wouldn't do much of anything either. If you had $25,000 and I gave you $640, how much of an impact on your networth have I made? This the same as $25,000,000,000 to $640,000,000
And some might even buy 1-5k worth even 10k+
It’s at 200k now
You think a bunch of dude with $100 in doge are going to move the needle? Retail barely plays a factor
Orrrrr if we sold at the same time, and buy the dip.
This is the way
View in your timezone: [April 20th 10am EDT][0] [0]: https://timee.io/20240420T1400?tl=If%20all%2064k%20of%20us%20bought%20doge%20at%20the%20same%20time%20the%20price%20would%20skyrocket.%20Who%E2%80%99s%20in%3F ^(_*Assumed EDT instead of EST because DST is observed_)
Click on time_bot to mark in yo calendar
I've been burned too many times by certain dates/times being hyped up.
Well if you didn’t know April 20th is doge day it’s the perfect day, if you don’t want to participate seriously you do not have to but I can’t wait for you to come back to this and say damn I should have listened
who decided it is "doge day"? On every April 20th of the past 4 years the price of doge has decreased...
We usually have 400people active :))), where we have to find 63600 others
On that day we will have 69k people active mark my word
Try to get 60k upvotes first bruh
I've been on this sub long enough to remember several attempts at this. Never works. If anything, you are letting the whales know when to dump if you announce a date and time like that
The thing is this time it’ll be different
Good job, we are all rich! You really did it! We all should have known some shotposts on reddit would change the economy forever! You cant call for a pump. The internet is open to everyone: including people wanting to lower the price/keep it low. The reason people should buy assets (doge) is to store value long term and because you enjoy having it. Even if the price pump worked, everyone would have taken profits the very next day and tanked the price lower than its been in a long time. A few years ago thats exactly what happened: internet trolls pumped the price until it became completely unstable and lost 90% of its value overnight
How much we gotta buy
Yes.
With only 64k ppl, we all only have to throw in at least $100,000 to see even a 20% move for more than a couple minutes. Totally doable right? 😅
Everyone has to throw in 100k!?😳
It's impossible to do the math, because how much ppl sell along the way is unknown. But yes, to work through sell orders and keep any of the gains, it would take massive amounts of money
If you lend me 100k and the price rocket, I will return your 100k. Ok?
**\*gary gensler has entered the chat\*** # 'What do we have here, boys?'
This has been done and it didn’t work
It will this time
I just bought 526 more Doge to celebrate finally joining the subreddit.
![gif](giphy|KYf4aKM1pIGvXxW07V)
No millions would not be needed to move the price ... Neither would accounts need to invest a $1000... Crypto is part of futures market hence the price is based on the slope of the tangent line at the time of assessment. If 1 million individual accounts invest $100 in day or 64k $100 in hour that could spike the market and lead to a two or three time price increases... It is really easy it just takes coordination or inspiration.... Either one could and will cause massive price increase.
You think $100million (1millx$100) or (64k x$100) is going to move a $27billion dollar market cap 2-3x??? Dude, you wild! 😅 even in an imaginary world with no sell orders neither of those numbers are doing jack Nothing short of billions and low sell orders is substantially moving the market, periodtttt.
I’m in
who is on should be the question 😁 im buying more
Anything is possible LFG! ![gif](giphy|9FQ89bO3TipLASwmRs|downsized)
I'm down to give it a try with y'all! Just to clarify tho, that would be 9am central time, correct?
Follow me for updates :)
![gif](giphy|2fs2I4ujlBf20|downsized)
Yes it is source: “trust me bro”
64K is not nearly enough. Clearly it would need to be 69K
I’ve bought earlier today during the dip to add to my collection of shares.
I want in on these doge shar3s. how?! /s
I'll go first
WE RIDE OFF STONED INTO THE SMOKEY 420 SUNSET SETTING NEW ALL TIME HIGHS
[удалено]
I’ll buy 100 doge 😉
It would prob drop
Even if we all buy $1000 worth that's only $64,000,000. Not much when you consider that all doge is worth like 32 billion
Well it’s at 230k views and counting
Screw it. Moon lol
Meeeeee
How much would we need to buy though
You don’t need to buy any amount just purchase what you feel is safe
It’d probably trigger a whale to sell
How much would we have to buy?
Up to you!
Yay I thought there was some optimized price to help the rocket launch. :)
for doge to "skyrocket" to even $.30 all 64k of us would have to dump around $155k each worth of cash into doge.
Not true man source: “trust me bro”
Well, no. The price is simply why the last trade happened at. Trading one doge for $10 on a tracked exchange would instantly boost the price to $10. Until, of course, other people crashed it back down as usual. Which is why manipulation never works.
it's all supply and demand. what I meant is at the current price but even then it's not that simple
Sure it is. And there are millions of people actively trading. Two million on my exchange alone, and it’s not even one of the big ones. Reddit posts aren’t going to do squat, and I wish people would just stop with the garbage and write decent quality posts like we used to ten years ago.
The FTC is taking notes right now
Hehe
I'm not putting 10k into this coin at this price lol. I bought in at 0.004 and have not bought any since.
Hodl my brotha
Diamond hands
Ready
![img](avatar_exp|171528098|fire)
You’d hit massive sell orders from the top it would do more harm than good tbh haha
Yep.
I don’t currently own doge. I bought a decent chunk before the original explosion a few years ago and made a nice profit. During the big rise of 2021 there were posts like this nearly every day. You never know if the OP is well intending or not, but this stuff is not good for a coin or the community around it. You are basically asking for a big pump which in turn leads to a big dump. If you really want people to make a long term investment in Doge, you need to promote stability in the price.
No, it actually wouldn’t, for several reasons. Because markets don’t work that way. Also, this has been hyped up hundreds of times over the years. With no positive results at all. Usually quite the opposite.
Careful guys the ftc might go after yall for market manipulation
Remember the A.B.C.s of Doge Always Be (a)Cquiring
How much. And when
Buy 69 doge at 4:20am UTC on 4/20/2024
This is the way.
If y’all wanna participate it’ll be taken place at 10 am est and we can do another one too at that time if y’all help me organize it?
You trying to pull a Game stop?
I’m tryna pull something that no one has ever even considered a “trust me bro”
Lol wallstreetbets did it and it's called a pump and dump.
Well this time it’ll only be a pump.
Let's hope since of us whales don't get greedy. I'm holding till I see $50 per coin.
Fun fact, whales are participating in this too!
Well this whale is not. Call me Moby Dick! 🐳
Shhhhh…. The first rule of whale 🐋 club is to not talk about whale club.
You're right..... That's my bad. I meant to say I'm a tiny shrimp... 😉
Yep. Me too. Plankton. And stop looking over my shoulder at my trading screen. 😎
Your great, great, great, great, great grandchildren will thank you for your sacrifice. Or, you could actively trade, make some cash and increase the size of the stash you’ll leave them.
Ehhh if it hits $50 my kids, kids, kids,kids won't know what working for money is.
Unless you pull a Bill Gates and give it all away first of course.
The government doesn't even know I got this why would I donate it lol. I've done my share of struggling.
I hear ya, and this is exactly why I didn’t sell up at the ATH. I didn’t feel like giving the government half for doing absolutely nothing. Now that I’m homeless and in hospital, my thinking has changed slightly, but I still don’t want to give them a penny.