shiba old

Dogecoin and Shiba Inu are special because everyone thinks so [repost]


Ten years ago nobody was having discussions about "memecoins" because such a thing did not yet exist to us quite like it does now.

 

We are witnessing the beginning of a buying frenzy unlike anything ever witnessed before, so that people will want to outlaw cryptocurrencies once they see how Dogecoin and Shiba Inu values increase so dramatically and generate an untold number of millionaires and billionaires seemingly overnight.

 

Since everybody sort of already expects Dogecoin to do something crazy all the time, there is a certain sort of 'tension' in the markets with this particular coin that no other coin exhibits, which you can see when there are sudden spikes or dips, because there are so many human eyes and robotic sensors paying attention to the prices, and whenever some abrupt change seems to be beginning in the DOGE value, its buyers and sellers are quick and ready to spring into action, and it is quite possible that DOGE could go up in the hundreds of dollars range by the end of next year, and Shiba Inu could grow up into a penny-coin, trading for more than $0.01.

 

In 2014, there was a time when DOGE total trading volume surpassed BTC.  There is a very stark narrative which has been engineered around this coin in a once-lackluster fashion, and it has grown into a multi-billion-dollar enterprise.  Similarly with Shiba Inu; how Dogecoin is a memecoin of Bitcoin, Shiba Inu is a memecoin of Dogecoin, but instead of having started out as a total joke with no direction in mind aside from being ridiculous, Shiba Inu was crafted from the ground up as a "serious meme coin," one which is now turning into a tremendously in-depth ecosystem residing inside of the Ethereum ecosystem, and when the sails billow and the tides turn fully in this market, and once all the coins rush upwards towards the race to the next Moonshot, Shiba Inu is going to have a growing parity with Dogecoin as Dogecoin's parity with Bitcoin wanes, as DOGE de-couples from the BTC price ride.

 

Currently, and in most downturn markets and flat markets, most of the altcoins are trending identically close with the ups and downs of Bitcoin's value.  Also during these periods, Bitcoin trends more identically close to the NYSE and NASDAQ markets.  But what we are witnessing right now is market turbulence which shows a de-coupling of BTC from the stock exchanges, and a de-coupling of DOGE from BTC, and this is coinciding with price spikes and a general sentiment shift that is causing a lot of people to now wonder if we are indeed leaving what they call the "bear" market and entering into a "bull" market.  I hesitate and generally refrain from using these two terms because these are based on stock exchanges which have longer, more-sustained and more-predictable trends than what we have seen so far in the cryptocurrency markets, and I know that it is a misnomer to label any overall timeframe from within the midst of the timeframe in crypto as a "bear" or "bull" market, because it can shift suddenly and then shift right back immediately after the whole talking ecosphere decides we've changed from one to the other.  It's an error to call Bitcoin or any altcoin as being in a "bear" or a "bull" market, but, since they are sometimes very closely tied to the stock exchanges, it is easy to relate to the sentiment that people are expressing when they say these things.  I simply choose to be more aware of what's going on, and I don't need to placate myself with a simple "up" or "down" indicator for "overall" performance, because I don't care much about the market values overall, because I make money whether they're going up or down, by trading in the volatility.

 

This being said, I do pay attention to what the price of everything is of course, and I speculate about it rising, because all the while I'm trading DOGE and SHIB, I'm also tucking it away into cold storage, and when the markets have significantly risen, and I foresee that they're going to significantly drop again, I do sometimes take that crypto out of cold storage and turn it into USD, and then I wait until it drops back down, and then I buy even more crypto for the same amount of cash, and then hold onto it again for a long term rise.  It is a good idea to diversify trading habits in crypto, so that there are long-term, mid-term, and short-term gains happening all the time, which diversifies risk across capital.  I do not agree with the stock market wisdom of diversifying into lots of various different crypto coins, unless you're trading uber-amounts of capital, and you can afford to simply tuck away your xillions everywhere that you fancy.

 

I'm not yet trading xillions of dollars, but I'm planning to be trading xillions of dollars in less than a year, and I'm on a schedule that I prepared for myself, and it's just a simple principle of intentionally adding 3% to my capital every day by trading.  3% is not a lot, and it is an easy goal.  Beginning with $250, I calculated that in less than a year, if I continuously daily add 3% to my capital, I will have multiple millions of dollars.  The crypto markets can do whatever they want, and this will be true, but when the markets take the next Moonshot, this 3% plan will be multiplied by however many times the markets explode when that happens.

 

Why are the markets going to explode?  I'm sure there are a lot of good explanations, but in some ways it comes down to simple reasons.  Supply and demand is one reason, and add this to what is commonly called the "fear of missing out," and add to this the schemes of man, and add to this the financial stress and uncertainty that is rampant throughout society today, and add to this the stories of fame and fortune and calamity which have made Bitcoin and cryptocurrency famous so far, and add to this the "big names" and their targeted manipulations, and add to this the tension which has been building during the whole past year since BTC has been dropping from its last all-time high of about $70k, and add to this the memories of each time before and how successive Moonshots have each decimated the bump in the charts that the previous Moonshots displayed, and add to this all the automated bot trading, and add to this all the people watching the markets and waiting for the right time to get in for the first time, and those waiting for their long-term investments to realize gains, and there are a lot of ingredients there to start a really good rally.

 

Once a rally begins, and it gathers enough attention, it will continuously grow and foment itself into a frenzy, and the more it grows and causes news and noise, the more people will hear about it and want to catch the next wave, and then when the hardcore skeptics who know almost nothing about it see how high the price is going when it surpasses $100k, there will be people losing their minds and losing their life savings by investing into crypto, and then if it continues its upward trend after $100k into the $200k range, even more people are going to look at it as an established "thing" upon and within which our society has placed its jewels.

 

Then, it might go as high as over a million dollars one day, but it will crash again, and when it crashes this next time, it will be so calamitous, because many many more people will have invested a lot lot more of their time and stuff into cryptocurrencies, without much knowledge at all of the fact that everyone who has been in it a long time knows it's going to crash and for those who think along the same lines of profit as I do, we are all primed to get out before that next drop in value, while the markets are at some awesomely-high place.

 

This will be the story of Bitcoin for the entirety of its existence, though I don't think it's going to exist for two more Moonshots, and I am almost certain it won't have a third from here.  I think this next Moonshot is probably the last pleasant time we are going to see Bitcoin, before it gets real messy and real painful for people who are fully long/invested into crypto.  Entire countries are beginning to declare Bitcoin and/or other crypto coins as official currencies, some of them even declaring that there are no taxes or fees for people who use crypto.  Crypto is one of the next new "big things" coming, but crypto will crash along with the current internet, when the current internet crashes, and there will be a new cryposphere in the new internets.

 

Currently, the majority of the internet is still running on the old IPV4 protocols of the internet, which is the addressing system of how the internet knows how to send data to which device.  Some years ago, the last of the available and unused IP addresses were sold and since then a lot of people have been waiting for the internet to crash, because there simply are not enough paths for all the data to travel through anymore.

 

There is a new version of the IP system called IPV6 (version 5 was an experimental version, supposedly never used on a large scale), but only companies like Google and IBM and the Government and very large corporations and institutions have fully switched over to using IPV6, so there's a problem.  With IPV6, there are enough IP addresses for every human alive to have more devices with unique IP addresses than a human could ever possibly use in a lifetime, so the thinking is that there won't ever be a shortage of IP addresses once IPV6 arrives totally.

 

When Michael Jackson died, it was one of the earliest times the internet as a whole showed signs of being too stressed to keep up with the amount of traffic being requested, due to all the people talking about him and watching videos and listening to audio and using his new QR code / augmented reality app that transfixed the world for a short while after his death.  Since then, there have not been many events which have caused such a simultaneous rush of traffic across the entire internet for such a sustained time, and we have not yet seen the whole internet crash, but it will happen soon, because there simply are not enough addresses to handle the traffic, and it is increasing, and we can bet that the next time something globally attention-grabbing happens where everyone from Grandmas to Grandkids are looking up videos and information, the internet is going to stumble and fall.

 

I'm hoping that the next Moonshot takes place before that happens, because once the internet crashes, there is going to be such a mental drought of pleasure for so many people who have grown up with the internet as their constant companion, it will be a very sad and trying day.  For those who are entirely dependent on technology for their well-being, they're mostly going to die, but for those who survive and are left with a life like back in the 80s and early 90s when most people were not e.mailing or "Facebooking" or "Googling" or "Tweeting" or "streaming," and all that, a lot of these people are going to emerge as people entirely in need of help.  These people should ask for help when they realize they will need it, and God is faithful to provide.  There are people who today seem like righteous, upstanding, cool-headed, self-sufficient people, but who are going to be reduced to shivering messes when society goes belly up, because so many of them depend on technology for all of their critical dependencies, and they have put almost no thought at all into what to do when it all breaks.

 

If you happen to be in this situation, or if you're just wondering what are some good things to do to be prepared, here is a short list:

 

:: Know where to find cleanable, drinkable water (learn weather patterns, study maps with topography to find where rivers and valleys are, read about major bodies of water to learn where to find them, and also study whether there have been chemical or other toxic contaminations in the past, or any major recent disturbances of a waterway, and know where you can find fresh, clean water), and know how to collect and use clean water (study water apprehension methods to learn how to absorb/collect invisible water from various places in the natural environment, study and plan/build a rainwater collection/purification station, learn about and understand how municipal and city water supplies work, learn about water storage containers and tools used to collect water used in modern times and ancient)

 

:: Know how to clean water (filter with activated charcoal or a ceramic filter or at least cloth, then bring to a rolling boil, then start a timer for 5 minutes and let the water boil for a full 5 minutes) that can be cleaned (for more robust water cleaning methods, study!)

 

:: Know how to store water (ideally, in glass, air-tight, sealed containers, in a cold, dark room, which will get about 6 months of reliable shelf life), and know to rotate your water supply, meaning, you drink the water you have stored, and continuously replenish it with fresh water so that your supply never reaches expiration dates.

 

:: Know how to provision water so that what you have will last until the next time that you find cleanable, drinkable water (count how many people you need to provide for, and divide your water supply between that many people, and figure out from there how much you will need.), and know how much water to keep stored in the event that you lose access to your regular supply (a general rule of thumb is to keep 10 gallons per person, which ought to last 5-7 days if used frugally for drinking and washing your selves and cleaning utensils)

 

:: Know who else and what else will need water, and prepare for and prepare against this knowledge.

 

:: Aside from having everything figured out for your water sources during a total technological/societal collapse, you ought to also know how to get in touch with people whom you want to be in touch with, so it is a good idea to have their physical addresses written down in more than one place on paper, along with their phone numbers.  If the technology crashes, the phones may not work, but the houses will hopefully mostly remain where they are, and you'll really want to know peoples' addresses.  If the phones are still working, you'll also really want to know their phone numbers.

 

:: Aside from the water and the people, I personally recommend preparing to leave everything, and not having any attachments to anything that would cause you to delay or hesitate once you determine it is time to leave.  Many people who have a lot of stuff are going to find ways to stay near their stuff.  Their stuff is going to blind them from the important things regarding life and liberty.  When things crash, all of society is going to try to lurch forward grasping onto all the things they think they need, but those things are going to be gone, and society is going to head into a tailspin and people are going to lose heart and die simply from the stress of thinking about it all.  For those who have been reading the Bible and know what God says about the time ahead, we are prepared with peace and patience, and we trust that God will give us exactly what we need when we need it.  Having water saved up is a great idea for a lot of reasons, even if you don't think the world is going to crash soon, but especially if you do.  When it all breaks, if you have water saved, then you and your loved ones won't have to be considering the same considerations and choices that the masses of thirsty people roaming the streets have to consider and choose.  Trust God for all that you need, and be prudent now with what He has provided you now, including water and this knowledge.

 

:: Know Jesus Christ.  There is nothing more important in this life than that.  If you know Jesus, you know peace; if you have no Jesus, then you have no peace.

 

 

 

 

 

There is going to be a time when everything that seems so important today will be forgotten and relegated to some distant memory of the past.  Dogecoin and Bitcoin and all the rest of our moneys and possessions and pleasures and vanities that we as a society are so accustomed to holding and beholding today are all going to vanish and fade away one day.  I'm not sharing the wisdom I have with you because I hope you're going to get rich and go buy a private island and use all the profit for yourself.  While I don't have anything specifically against the concept of owning a private island, I think that we can find people to spend our lives on, to give our time and wisdom and money and effort and our total self for, to help them reach their next steps.  This is a big thing to do, when we're doing it intentionally, and an even grander thing when people take what we give them and run with it and are blessed, and especially so when they then go on to bless others, and even more especially so when those people who are blessing others are doing it out of gratitude for what God has done for them.

 

This is my primary motivation, in sharing the insights that I'm sharing here, and in the sometimes seemingly rambling posts.. I want to love others how God has loved me, and a prime way to do this is to share the knowledge and wisdom He has shared, with people who are ready to receive it, in a way they can receive it.  I don't have to know how this kind of blessing blesses you for you to be blessed by it; I simply trust that by blessing people the same way God has blessed me, that God will use those blessings to multiply His Kingdom through the people he brings me to meet.  I have learned a simple truth of the Gospel, and it's that when I give in love to those who need it, God gives me so much more to give than if I were to use those same resources on myself, and that person is blessed so much more than I would have been blessed had I used those resources on myself, and that person will remember it and praise God for being blessed, and I can remember it and praise God for blessing me by using me to bless others.  It truly is a blessing.

 

For now, we are living in the times of the end of a mild crypto "trough" and we are about to witness a time of great tumult, both in the markets and in the world at large, and this is going to be a time of wild volatility in the prices of crypto, and some days it might seem like everybody is complaining, while others it seems like everyone is getting a fat bank account.  I've been saying some things repetitively here on this publishing platform, for the past several months, and back when I started telling people to buy DOGE, I was also starting to tell people what I was observing in the markets as a whole, and that we were seeing the end of the trough, and that we would soon see a lot of activity, especially with Dogecoin and Shiba Inu.  We are now entering into that phase of increased activity, and if I can guess a timeframe, I would guess that over the next 3-5 weeks, so passing Christmas, the price will continue to get more and more volatile, and will seem like it is going to head in a vertical ascent at times, but I think there is going to be a very steep, sudden drawback, at least once if not two or more times, which is going to shake a lot of people out of the crypto markets and shutter companies and smaller coins which were just beginning to bud, and then we'll see the first real march upwards towards $100k.  I think the value will pause once or twice and rescind by $10k - $20k at a time, but then it will continue upwards for a while, until it crashes.

 

I still think it's a really good idea to buy massive quantities of SHIB and DOGE right now, speculating as I am that the values will rise in the future.  If you were reading what I've written back when it was only about a nickel in value just a few short months ago, you might have purchased some and now you have double the money, if all you did was hold it.  Whether you're holding or trading on a regular basis, I think today is one of the last days we are ever going to see cryptocurrencies this low again.  Once we leave this station, it's going to be up and up for a while, and then when the price crashes back down, it will settle at a value far above what it is today.

 

In any and every post I make about cryptocurrencies, where I'm talking about good things and how to make profit from it, I always want to remember to also write about the very imminent possibility of it all disappearing in an unexpected instant, because I firmly believe that this is what it will be like for us one day, and perhaps very soon.  Whether from hacking, or natural events, or riots and unrest, or policies, or fraud, or bugs in the software, or too many drugs in the managements, there is a myriad of reasons why I believe that cryptocurrencies will be unavailable one day.  I say this as a real warning to anyone who will listen, so that you would perhaps consider the risk, and choose wisely if you choose to invest in cryptocurrencies.  While the roller coaster is working, it's a lot of fun, and the profit is reasonable.  But we know the roller coaster is out up ahead, and my warning is simply to not put any necessary funds into cryptocurrency, so that if/when it does crash, if you lose access to your funds, it won't hurt you or others who depend on you.

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fisherofmen
fisherofmen

an observer and reporter of grace and truth and love


Christian Observer Reporter
Christian Observer Reporter

Jesus Christ is Lord! This ministry is blessed by God to observe and report what is real and happening around us today, and to share God's Word among the nations, and to share the rest and contentment which comes from knowing Jesus Christ. ~ Except the Lord build the house, they labour in vain that build it: except the Lord keep the city, the watchman waketh but in vain. 2 It is vain for you to rise up early, to sit up late, to eat the bread of sorrows: for so he giveth his beloved sleep. Psalm 127.1-2

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