On: What Happens to Stocks and Cryptocurrencies When t...

[29athrowaway]

The co-creator of Dogecoin sold his coins to buy a Honda Civic. Now Dogecoin has a market capitalization that is higher than Honda.

Why? it doesn't matter. People decided to speculate over the money of Dogecoin, that's it. It doesn't matter that it is a cryptocurrency or that it is based on doge. People will speculate over anything if it's profitable. Frozen concentrated orange juice? Gamestop? Whatever, it doesn't matter.

[bellyfullofbac → 29athrowaway]

Hah, frozen concentrated OJ? Someone's taking ideas from the 80's.. https://www.youtube.com/watch?v=sENssnI9CGc&t=52

Actually, looking for a good clip from the movie it's depressing how many people are actually referencing that movie in context of this bubble.

[29athrowaway → bellyfullofbac]

Or Dutch tulips if you want.

[occamrazor → 29athrowaway]

> Frozen concentrated orange juice

Is this a movie reference? It reminds me of something, but I can’t say exactly what.

[narism → occamrazor]

https://en.wikipedia.org/wiki/Trading_Places