Authors Posts by dogecoin owner honda civic - Dogecoin Founder Sold Everything In 2015 To Buy ‘used Honda Civic’; Reacts On '$1' Figure

dogecoin owner honda civic - Dogecoin Founder Sold Everything In 2015 To Buy ‘used Honda Civic’; Reacts On '$1' Figure

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Dogecoin creator sold all his coins in 2015 to buy a Honda Civic, DOGE is now bigger than Honda Dogecoin Founder Sold Everything In 2015 To Buy ‘used Honda Civic’; Reacts On '$1' Figure Great Folly of Billy Markus: Dogecoin Founder Sold His Holdings to Buy Used Honda Civic Dogecoin Creator Sold All His Coins To Buy A Used Honda Civic, Now DOGE Is Bigger Than Honda Slashdot Top Deals Dogecoin Creator Sold All His Coins To Buy A Used Honda Civic, Now DOGE Is Bigger Than Honda

 

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Dogecoin creator sold all his coins in 2015 to buy a Honda Civic, DOGE is now bigger than Honda

Dogecoin founder Billy Markus has revealed that he sold off his DOGE stash in for an amount equivalent to a used Honda Civic. Co-creator of the multibillion-dollar worth meme token Dogecoin sold all his cryptocurrency nearly 6 years ago to buy a second-hand Honda Civic. This is a significant development because Dogecoin co-creator Billy Markus recently revealed that he sold off his entire cryptocurrency holdings. Dogecoin (DOGE), which hit an. Afford A Used Honda Civic In — Now DOGE Is Bigger Than Honda Why It Matters: Dogecoin hit an all-time high on Monday just days ahead of Tesla Inc (NASDAQ:TSLA) CEO Elon. Dogecoin was created by two software engineers Billy Markus and Jackson Palmer back in Recently, the co-creator Markus revealed that. Honda has a market capitalization of $ billion, while Dogecoin has a market capitalization of $86 billion. The occasion is notable because Dogecoin co-. The co-creator of the now internet-famous Dogecoin revealed that he sold his holdings for a $10, Honda Civic back in Billy Markus recently revealed that he sold off his entire cryptocurrency holdings in for an amount equivalent to what a used Honda Civic. ''I've always said was I sold everything for about as much as it would cost to buy a used Honda Civic. This was all my crypto too, I had Litecoin and. Dogecoin co-creator sold all of his coins for just enough to afford a used Honda Civic in – Now DOGE is bigger than Honda before Tesla Inc (NASDAQ: TSLA) CEO Elon Musk's planned appearance on “Saturday Night.

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Jump to navigation. Dogecoin has exploded. Dogecoin had a difficult end to April 2021, sliding down to almost Rs 16 but has grown by over 45 per cent on Monday night, taking its value to Rs 51 at the time of writing. Ltd in terms of market capitalisation. This is a significant development because Dogecoin co-creator Billy Markus recently revealed that he sold off his entire cryptocurrency holdings in 2015 so that he could afford a Honda Civic. Least did he know that his meme cryptocurrency will end up as one of the hottest digital currencies in the world. Dogecoin was created as a joke in 2013 by software engineers Billy Markus and Jackson Palmer, and was never meant to be a serious cryptocurrency. The Shiba Inu-themed cryptocurrency is now the fifth-largest cryptocurrency by market cap, as per CoinMarketCap data. Dogecoin has given the highest returns among cryptocurrencies in 2021. It has grown by over 8000 per cent while Bitcoin has given 91. The Tesla chief has been a huge promoter of Dogecoin and recently called himself Dogefather in a cryptic tweet. Meanwhile, the cryptocurrency has seen so much interest in the last two days that major trading platforms, both in India and abroad, crashed. Click here for IndiaToday. The Shiba Inu-themed cryptocurrency is now the fifth-largest cryptocurrency by market cap. Dogecoin co-creator had sold all his coins in 2015. Also Read Move over Bitcoin and Dogecoin, this crypto has given 300 per cent returns so far in 2021. Also Read What is Dogecoin? All you need to know about this cryptocurrency. Also Read Should you buy Dogecoin? One big reason why you should not. Co-creator of the multibillion-dollar worth meme token Dogecoin sold all his cryptocurrency nearly 6 years ago to buy a second-hand Honda Civic car after he got laid off in 2015. According to a Bloomberg report, Markus had needed profits to buy a second-hand motor vehicle, and therefore, he sold his Dogecoins as well as other cryptocurrencies. Although, he is now astonished to see Doge shooting in worth as compared even to his car's manufacturer that currently has a similar market capitalization. What I've always said was I sold everything for about as much as it would cost to buy a used Honda Civic. This was all my crypto too, I had Litecoin and Bitcoin and Doge and a bunch of other ones,'' Billy Markus said in a tweet in 2015 as he sold off his crypto. In 2021, the coins may have made him a fortune. The Debate. Breaking News. Written By. Dogecoin reaches close to peak price again on May 3 and May 4. How to buy Dogecoin in India? Here is the step by step process you can use to buy DOGE. Dogecoin Investor becomes a Millionaire in just 69 days after investing. How to buy Dogecoin? Here's all you need to know about buying the popular cryptocurrency. Dogecoin is surging to new heights every hour, touching lifetime highs. The recent surge of the cryptocurrency has got people talking all over social media. The price rise is luring new investors into the market in the hope of making quick bucks and the meme currency is delivering as expected and not disappointing. While automaker Honda Motor Co. This was all my crypto too, I had Litecoin and Bitcoin and Doge and a bunch of other ones,'' tweeted Billy Markus in 2015 about selling off his holdings. Little did he know that the holdings would have earned him a fortune in 2021. Doge is considered the overnight star and its upward trend seems to have only begun. Its current success represents precisely what is going on in culture right now. Love it or hate it, it's got everyone talking. It challenges what money is. It challenges crypto. It challenges investing. The popularity of Dogecoin has skyrocketed. Yes, that is the phrase used to describe cryptocurrency's recent rise. Dogecoin had a rough end to April 2021, falling to nearly Rs 16 on Monday night, but has since risen by over 45 percent, bringing its value to Rs 51. Ltd in terms of market capitalization as a result of the recent increase. The occasion is notable because Dogecoin co-founder Billy Markus recently announced that he sold all of his cryptocurrency shares in 2015 for the price of a used Honda Civic at the time. Markus stated, "I've always said was I sold everything for about as much as it would cost to buy a used Honda Civic. In 2021, Dogecoin has generated the highest returns of any cryptocurrency. The meme coin has already outpaced the biggest cryptocurrency by market capitalization in terms of year-to-date returns. DOGE has a year-to-date increase of 8,792. Tesla's CEO has been a vocal supporter of Dogecoin, recently referring to himself as Dogefather in a mysterious tweet. Meanwhile, in the last two days, the blockchain has attracted so much attention that big exchange sites in India and abroad have collapsed. For nearly an hour, WazirX, one of India's biggest cryptocurrency trading sites, was unavailable. Because of the surge in investor demand, Robinhood's trading app even crashed. Popular Newsmakers. Newsmakers - science and Technology. More Newsmakers. Follow Slashdot blog updates by subscribing to our blog RSS feed. It wasn't created as a joke, unless you mean as a joke on those buying it. It was very much created to get rich. That one of the creators exited early and only got a couple of thousand out of it, doesn't change it. Dogecoin's value has risen sharply and it has affects on the markets around the world. Yes, it is news. What you mean to say is "this isn't news I'm interested in. Dogecoin was started as a joke, even the creator thought so... I mean he sold all his coins, and now it's huge. Whether or not he's feeling like his nose is rubbed in it is up in the air, in other words I'm not disputing the mean-spiritedness of it, but as a news story it's an important set of landmarks they're establishing, here. Another take-away: This news story might finally get services like Coinbase to take Doge seriously. Doge coin will go back to zero. Bitcoin will become passe' and go to zero. It is all a matter of time. Doge's rise is the surest sign of a crypto bubble yet. Good luck to you all, and be sure to diversify and not hold all your assets in a single extremely high risk category. These wild fluctuations in this unregulated market are going to last forever and we'll all be gajillionaires!!! The dollar will eventually go to zero as well. All these things may happen in 3 months or 3000 years. Amazon and Google will also eventually go out of business. People still largely believe in share price as a measure of a company's anticipated future profits. Life happens now. Don't beat yourself up for things only visible in hindsight. At some point in the past, baseball cards worth a fortune made clicky noises in bicycle spokes while the kid riding the bike chewed the gum on his way to buy Action Comics no. Had all those cases and comics all been carefully preserved the value would be much less. It is the scarcity that makes them super valuable, increase the supply by 100x by finding an old box in an attic and you'll saturate the market and crash the prices. Being well known but in very limited supply is only way collectibles get to skyrocketing prices. Buying something marketed as a "collector's item" is an almost perfect guarantee that it will never be worth significantly more than you paid. Right now you can make a trade on the stock market that will make you a millionaire by the end of the year. Why haven't you done it yet? What is wrong with you? Lamenting the opportunities you've missed is not really worth the effort, there are too many of them. To get out before the ethics of the situation becomes murky. It's way too easy to make excuses to take advantage of gullible people. I'm not a drug dealer because I don't think I'd be able to sleep at night knowing I screwed up some junkie's life. Not everyone in the world is a scumbag, and it's definitely not behavior we should tolerate. I mean, I enjoy alcohol frequently but it does have considerable social ills. Unfortunately, we tried banning it once and it didn't really work out so well. I doubt banning it again would result in a different outcome. What murky ethics situation are you referring to? The only thing murky here is your thinking. Ethics demand that people look our for each other. We all owe the gullible idiots of the world an object lesson in not being gullible. Telling an idiot he's wrong does nothing; punishing him for his idiocy drives home the point. Therefore, we all have a moral imperative to fleece gullible idiots for their own good. It's the on. Gary Shilling. At some point soon it's all going to come crashing down, don't worry about it, just enjoy the time left before it does, because it will be a very different world afterwards. According to one telling [seekingalpha. Tell them the election was stolen and that they have to give money to you... Start a blog or podcast and sell herbal supplements just proclaim nothing natural can be harmful and merchandise. Billy Markus recently revealed that he sold off his entire cryptocurrency holdings in 2015 for an amount equivalent to what a used Honda Civic would cost at that time. Yeah, but I also never got around to buying Yahoo, Pets. Trust me, personal investing is full of shouldda-wouldda-couldda situations and events. For example, I bought "a little bit" of Amazon stock in the mid 2000's. It grew quite well, but because I only purchased a snippet it's only supplemental retirement money. If I had purchased more, I could've retired well already. It's hard not to dwell on those. Investing is a mind trip. Exactly; you should always look at it as a gain is gain - if gained - you won. That isn't to say if you missed the big gains or took losses you should try to understand why, to maybe see if you can make a better investment decision in the future but you evaluate the risks and rewards at the time. You pay your money you take your chance. Its as simple as that. Some competitor like a WalMart or Sears might have go their act together built a decent online presence and strangled Amazon just out of its bookshop cradle too back in 2000 and you'd be here thinking you certainly dodged a bullet there. I tell myself if I match the average market, such as indexed funds, then I satisfied my original goal, which I have. I have bloomers and duds, and they roughly average to the general stock market average. But the shouldda-wouldda-couldda's still sting physiologically. I'm human, not Vulcan. If one wants to avoid that feeling, just buy indexed funds. But I was hoping I could use my job knowledge of IT tools to outdo the market. OTOH, the bitcoin one bugs me because I literally had something like 500 or so bitcoins in "buy" now basket in the early 2010s timeframe, when it looked like some neat "i own some bitcoins let me buy a coffee with them type of deal. It's nothing but excess fed money pumped into the stock market. I think they call it "velocity". Let them try to cash that out and see how much they are really worth. In a place with no humans or, let's be honest, idiots , have a Honda car on one side, and a "bunch" of Dogecoin in the other, and see which one gets you further. It's like the old saying that you can't eat money. Well, technically, you can, even if it gets you no nutritional value unelss you are a cow or donkey... There may be more comments in this discussion. Slashdot Apparel is back! Do you develop on GitHub? You can keep using GitHub but automatically sync your GitHub releases to SourceForge quickly and easily with this tool and take advantage of SourceForge's massive reach. Follow Slashdot on LinkedIn. Dogecoin, which hit an all-time high near the 45-cent level on Monday night, has now surpassed automaker Honda Motor in terms of market capitalization. The event is significant as Dogecoin co-creator Billy Markus recently revealed that he sold off his entire cryptocurrency holdings in 2015 for an amount equivalent to what a used Honda Civic would cost at that time. This discussion has been archived. No new comments can be posted. Full Abbreviated Hidden. More Login. Rationale Score: 5 , Insightful. Dogecoin was created as a joke, so what he did is totally understandable. Re: Score: 1. He should have kept half... Re: Score: 2. At least now if he regrets that decision, he can drive himself to drink. Child opens toy now worth hundreds of thousands Score: 5 , Insightful. This isn't news. This is just poking at someone who made a choice at the time. They needed a car. Like the guy that spent 10,000 BTC on a pizza. Don't be a dick. I had to sell 3 BTC at the recent 2018? Re: Score: 3. You're right that dogecoin value increase is news. Poking at someone who would have been a billionaire if they didn't sell their DOGE is not news it's just mean spirited. I love your positive outlook! Coinbase to trade DOGE! Good stuff. Wish they would have the balls to also trade Monero. Re:Child opens toy now worth hundreds of thousands Score: 5 , Interesting. You can literally look up the block transactions and see which wallets are manufacturing volume to drive up the price in this pump and dump. Re:Child opens toy now worth hundreds of thousands Score: 4 , Informative. It actually is kind of funny, compared to the historical norm of the same dynamic occurring to the resources that people actually need to survive, like farm land. It's just how markets work. Wealth is redistributed by major disruptive events like world wars, and then gradually concentrates into fewer and fewer hands until the next disruption. Re: Child opens toy now worth hundreds of thousand Score: 1. Well, there are rules about faking stock sales to pump prices, there are rules about pump and dump scams - all with penalties. None of this exists in the cryptocurrency world. So you get fake valuations due to partial coin trades or massive coin trades between wallets owned by the same person , you get pump and dump... Once again, whoever first said that cryptocurrency is compressing centuries of monetary theory and associated regulation into decades was absolutely correct. In this case, though, it's just normal people who don't understand markets at all but are trying to make some money. Yet they don't know to look and see why prices are being driven up.. So crypto is just mirroring the other world. So it's not a joke - it's a scam, specifically a pump and dump scam. Re:Child opens toy now worth hundreds of thousands Score: 5 , Insightful. Internet guy said it, must be true! Sounds like a lock! I'm shorting! Now if I can only offload these 23 other worthless coins.... Google will still be big right up to the end of humanity. They know exactly what is hot and what is not. They know exactly where to invest and where to pull out. How can they not end up owning everything? On an infinite time scale all currencies will go to zero. Including the dollar. But some people do want to get out before the big dump. I'd say it's more like picking the wrong lotto number than picking the wrong stock. He probably felt like making 10k on his satire was pretty awesome at the time. I'm sure there's a pang of what if, but that's life. You sold all your Bitcoin to invest in Toys'R'Us in 2018. Action Comics 1 Score: 2. My father was saving his copy of Action Comics 1. Judging by the surviving parts of the collection, it would probably be in "very good" condition. I'd be relieved Score: 3. Doesn't stop drug dealers or pimps. Why should it stop cryptocurrency dealers? Re: I'd be relieved Score: 1. Do you also feel that we should outlaw the sale of alcohol because it ruins many people's lives? So why do you think that banning any other drug would have a different outcome? Black market drugs fuel gangs and organized crime, period. The war on drugs was the biggest failed social experiment of the 20th century. It would be perfectly fine if we got rid of the private profit aspect of it. Alcohol sale is a prime example of "privatize the profits, socialize the costs". Re: Score: 2 , Insightful. Re: Don't bet against stupid Score: 1. Oh, did you buy Dogecoin and hold it back then? If not, how is he any more stupid than you? Or, he needed to pay rent and other life expenses. So it goes. How do I make money off of Q'ers? Re:Don't bet against stupid Score: 5 , Insightful. Don't uncheck this box and your donation will be matched 10x. Re: Don't bet against stupid Score: 2. You set up a 501 c 3 nonprofit and take contributions for Antifa. Trump is already fleecing them with recurring donations. Yes, but he has name recognition. It's why the big get bigger. What is it with headlines? Score: 2. The first headline is shorter. Have a heart, dude. Think of the poor typesetters. If only... Ah, lost opportunities. We all have them. Now, of course, I wish I had - hey, I could be a zillionaire! Hindsight is always 20-20. Is there anyone who doesn't have things they could have done differently? Dogecoin was - and is - a joke. We live in an age where some people have enough disposable income to b. Re:shouldda-wouldda-couldda Score: 4 , Interesting. I have a lot of those, and I don't generally dwell on them. This "market cap" is fake Score: 2. Currencies Score: 4 , Insightful. Currencies - Don't have market caps. They claim to be, though in reality people treat them a speculative goods which is ironic. Market Cap is Meaningless Score: 2. Wake me when it translates into real value, i. No it doesn't. One is making real actual things. The other is imaginary. Related Links Top of the: day , week , month. Slashdot Top Deals.

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