What is Nostr?
MAHDOOD /
npub1ghc…ygat
2025-03-08 16:58:05
in reply to nevent1q…cz0z

MAHDOOD on Nostr: I see where he’s coming from because I thought similarly. It’s a misunderstanding ...

I see where he’s coming from because I thought similarly. It’s a misunderstanding of market caps. When I look at the price of something at $20, it takes less to move the price up than something at $200k. That’s why I bought a lot of solana and Luna initially. Shitcoiners described bitcoin like a blue chip stock. So it’s the difference between buying apple which has already made most of its gains and buying Amazon in the early days before it made you filthy rich. That’s why shitcoins are so malicious. Doge was so “cheap” that it seemed like it wouldn’t take much buying power to push it up. But for doge to reach $100, the market cap would be so astronomically high that it would need to suck up all the money in the world. Never going to happen lol
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