Please help me determine the proper valuation of my mining business.
This market will resolve to YES if the price of DOGE exceeds 30 cents at any time before December 31, 2025, as listed on Coinbase Pro. If Coinbase declares bankruptcy, the largest exchange by volume will be used instead.
Otherwise, the market will resolve to NO.
1,000
3.00The coin is listed as 0.301 at Coinbase last night (November 10, 2024.)
I never expected Dogecoin to reach even 15 cents again, and I sold the remaining ones we had at the peak of 0.08 a year ago. I'm shocked that people are getting fooled at this same mania over and over again - this is like the fourth or fifth time for this coin. Unfortunately, there doesn't seem to be an easy way to short DOGE in the United States.
@SteveSokolowski Congratulations to all YES buyers. This happened faster than I anticipated.
Fading doge runs has always been a good bet. But it’s hard to stand in front of it when it’s moving like this!
My base case is it that the exit pump goes higher into December and January. Then maybe a crash in Q1/Q2 depending on what happens with Trump’s tariffs.
Interesting. Any yes buyers willing to share their thoughts?