floundering forward

Anyone else been doing well with Doge? 

I wrote this to help you keep it, and not lose it in the virtual couch cushions.

https://doge.express/?p=4

I poured an entire Statruday in this, but here it is.... the one cryptocurrency tax site that doesn’t suck.

Koinly.io   Even their slogan is awesome.   "Save hours with Koinly!"  They promise "Crypto tax reports in under 20 minutes!!!"  Finally somebody telling the truth out there.  Make sure airdrops and staking rewards are considered income, not transactions.  Lest yo bump up into the next

Lately there seems to be a phrase that is being used all over the place. You can hear it on youtube and read it  in twitters, tweets and twots.  The phrase is "going parabolic".  To use it in a sentence.  "If  Michalel Saylor keeps buying Bitcoin then Ethereum is going to go parabolic."

Let's leave Micahsel Saylor out of this for now, and the dubious assumption about his influence on the price of Ethereum.  

The people who keep saying that stock or cryptocurrency, an asset is going parabolic don't know what a parabola is. Parabolas go up, in a U-shape.  But they also go DOWN!  Jesus H. Christ you dummies are killing me with this shit.

Here are some examples from Wikipedia of parabolas.  

Why can't people google things? Or use whatever search engine they prefer?

I think people like the word because it sound big, but it is really hyperbolic.

That's right the Parabolic Liberation Army is forming.  Our motto: "Because words matter you dipshit".

Does this bother you? Do you want to join the army?

Hi there,

I wanted to give an update to the doge conundrum.  

I wrote last about one of the fastest and easiest ways to acquire DogeCoin.  (In case you missed it, I”m putting the first idea below this one.)

Ok, Idea #2

Are you ready for an even simpler one?  But bear in mind, simpler sometimes comes at a loss of freedom. 

There is an app (no website, just app) called Voyager which you can use to buy Dogecoin.  

You download the app and do the normal AppCrap to it. Install, link a credit card or bank account and presto, you can buy Doge.  

That’s the upside, it’s super easy, although one my friends is having trouble opening his account.  Using this app you can buy Doge, but there is no way to get it off the app.  It’s trapped on there for now.  

I mean it’s not a problem if you don’t want to sue it, but if you have to buy something you would have to sell it and then come back and buy it again.

here is the tl;dr version of the first way to get doge:

Get cash.app

Buy bitcoin through your cash.app

Open an account at kraken.com. (Skip the KYC stuff for now and get the most basic account)

Move your bitcoin from cash.app to kraken.

Sell your bitcoin in Kraken and use the proceeds to buy Dogecoin.  Just look for XDG as the ticker.

I am not giving investment advice, but I am not giving you B.S.  If you want some Dogecoin here is a sure-fire way of acquiring some - like right meow.. We all have seen it and heard about it.  The price of Dogecoin is exploding, this is because some of the richest and most powerful people in the world are pumping the price up.  No, I’m not talking about WSB, though they are a collective “people” - but individuals like Elon “The Alien” Musk.   If you have decided that speculating in satirical cryptocurrency is for you - then here is how to do it.

So here is what you do. (I’ll explain the reasons why after the instructions for those who want to test my logic.)

Here is the tl;dr version.

 Get cash.app 

Buy bitcoin through your cash.app 

Open an account at kraken.com. (Skip the KYC stuff for now and get the most basic account)

Move your bitcoin from cash.app to kraken.

Sell your bitcoin in Kraken and use the proceeds to buy Dogecoin.  Just look for XDG as the ticker.

Profit.

I’ll break it apart a bit slower now.  Let’s talk about some of the “why’s” and “what if”s.

“Why bother?”

 Well I’m not trying to convince you.  The current price of Dogecoin is $0.0505898.  One month ago, it was $0.0097924.  Those are a long tiny numbers so to de-math it - the coin was less than a penny, now it is a nickel.  You know what doesn’t suck? Turning 10,000 pennies into 10,000 nickels. Of course it could go back down.  But it could also continue to go up.  What if it goes to dimes? Or quarters?  Can I get an amen for "dollars”? 

Cash.app ? Really? The thing my cousin uses to accept payments for sour diesel?  

Yes, that Cash.app. Here is why: they have attorneys at cash app.  There is this old standard in finance that is now called KYC or “know your customer”.  Banks have a responsibility to know who you are, not only so they can call you and try to sell you crap, but so that you don’t launder money for the cartels. Cash.app somehow has gotten around this almost entirely. So the central premise of this humble little tumbl is that you want the coins quickly.  If you want them slowly, do the KYC and wait. Surely there will be people who buy after you, right? Well, maybe. But that is called the Greater Fool Theory - there will always be someone else to buy and things only increase in value, right? Wrong! Markets go down. Prices drop.  Speed is a good thing. Or, “if you ain’t first, your last”

Why kraken?

There are a few reasons.  They will let you move in coins and trade them without KYC.  They also have Dogecoin. Not all exchanges do, in fact it seems like most of the big ones don’t.  So at least that won’t stop you.  Finally, their security is really top-notch.  That part I can actually claim expert knowledge about.  If you want, you can have a nearly bulletproof account from an OpSec standpoint.

Moving coins seems like a hassle.  

Yeah, you have to click the mouse like 10 times. ;) Working for a living is a bigger hassle. 

How high/low will the price go?

Nobody knows that.  Literally, and anyone who tells you differently is a liar and should be ignored.