> I think you underestimate how the mainstream views cryptos as elitist silicon valley stuff, while dogecoin positions itself as "the peoples" currency. I think there's some bigger forces too that want to embarrass bitcoin and said elitist elements.
When it is covered on the news and they are all telling you to 'buy DOGE', for the early ones it is time to sell and take profit and it's 'bye DOGE' to the late comers; followed by negative coverage and smear campaigns to mess with the psychology of the retail investor to buy on the hype and all time highs, HODL, and sell when it is too late.
> I'd actually be willing to bet 10k USD with you that by end of August Doge will still be over $1.00.
Good. I'm sure it will go beyond $1. When that time comes I'll be on the other side shorting DOGE all the way down as soon as there is a sign of a pull back from its >$1 target ATH.
Perhaps you can keep your $10k or even put it on DOGE since we're both certain that it will go above $1.
