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by SwimSwimHungry
1868 days ago
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Honestly, it seems to me like this may be a case of having some insider knowledge or knowing ahead of time that the coordinated pump and dump was going to occur. Any rational person would have looked at DOGE over the past however many years and seen it for the true joke it was. It barely made any meaningful movement on pricing until very recently. I can understand if someone may have mined it for fun and forgot about it, or some Robinhood user messed about with DOGE, but this feels a bit more unusual to me. Perhaps working at Goldman Sachs afforded him some additional advantage on insight? I'm not sure I could sleep easy at night knowing I fleeced the rubes, but then again, I'm not this gentleman. |
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Putting $10 on dodge back in January, or on spiffcoin today, is no different to putting $10 on a horse at the 3.15, except the excitement probably lasts longer.
The bookie wins on aggregate, but you are buying the hope and excitement and that has value.