Angry Crypto Show Reaction / Review
Twitter:
Tweets by angrycryptoshow
Sign up on NDAX and get $10:
https://refer.ndax.io/55Ep
Subscribe for more daily reactions to altcoins / memecoins!
#Doge #Dogecoin #DogeNews
Welcome back to another angry crypto show reaction unfiltered unsponsored unedited might I add Dogecoin explained 2024 what Doge investors must know we got Mr Benny benasi Dollarama Edition you guys know how I feel about Ben he’s entertaining I’m neutral you know I’m objective realistic don’t worry I won’t
Tell you to go to stake or to buy a coin at the all-time high or to refinance your home for a shitcoin but we got to react today so smash a sub smash a like I got a surprise for you guys also I got a surprise for for you guys shout out to
Conquer crypto conquer crypto dropping crusty crab crew meth Armstrong let’s check this out Gary got that cing on his desk he’s talking L of [ __ ] shout out to Corn Bas this is Hing up Sho here kitty bottom hey smoking on dop smoking on do
Smok it on do SM it on do who the smoke who want the smoke who want the smoke I’m pushing P all all all well don’t do drugs kids but uh that’s fire I love this uh I love this steak on his shirt make meth great again
But anyways let’s come back to the video at hand Dogecoin explained guys uh I see Ben is talking about like fighting people he’s trying to go after crypto R Us I don’t know I really don’t know what this guy’s thinking sometimes he’s got to chill he’s got to chill um also
Hopefully you guys are going to enjoy the videos more been doing some refinements to make sure the camera doesn’t rug so shout out to the chat I always love when you guys drop comments feedback Dogecoin explained I mean Doge Dogecoin is going to pump before that
Though like if we hit 10K 100k I don’t know Milestones should I fight guys should anger crypto fight Ben Armstrong I’m down BR I’m down boxing is what got me into fitness I love MMA should I fight Ben let me know guys like like on what terms you know what I’m saying
That’s why I picked it one of my top eight coins for 2024 but so far it’s been lagging behind the original meme coin has been around for so many years and constantly finds ways to reinvent itself now in 2024 Do’s firmly established itself is a for to be
Reckoned with and stands alone is the only successful meme coin to be around for 10 plus years it has always been in the top 50 usually in the top 10 to 20 of all coins so be a good boy sit down so your profits can roll over what a bad
Dog joke who am I Elon Musk let’s get it welome to cryptox don’t Doge asset has a Marg C of over 11 billion is ranked number I’ll say is that doge is the OG so if you have no money in Doge you’re kind of doing it wrong because like it’s
The original meme coin you know it is like the the Bitcoin to the altcoin so it will pump again it always does uh right here we had like the Tik Tok moments then we had the whole Elon Musk moments I think this peak was also during SNL when he was talking about
Doge and it was slowly dumping also um it’s going to have its moment guys doge is a very actually a very safe one in my opinion in terms of meme coin but just in general just as alt coins out around 70 sense when Elon appeared on SNL in
2021 but his 2021 run firmly implanted it into the big boys of crypto probably to stay if meme coins don’t go extinct do should probably always have a good spot at the kennel but it certainly isn’t the quality of the project that gets me excited in fact Dogecoin tokenomics are terrible on paper
Dogecoin was initially designed with a maximum limit of 100 billion coins but this cap was removed in 2014 making Dogecoin an inflationary currency with an unlimited Supply this is the exact opposite of what people are usually hoping hoping for when it comes to economics approximately 5 billion new dogecoins are added into circulation
Each year which means that a lot of buying pressure is going to be needed to keep the price stable there is that whole oh it’s unlimited it’s unlimited first of all Fiat look at Fiat right that one’s actually the worst case scenario but there’s a good healthy amount of inflation that’s not
Bad like look at eth even Bitcoin right the emissions albeit it’s fixed but the emissions I get haved and haved and haved so the there’s demand it’s kind of this give and take it’s a yin-yang really with um inflationary like you have pancake swap right pancake swap
With cake everyone left when they saw there’s no rewards because they missed those emissions of like high stake rewards high no one wants who the [ __ ] wants 1% APR on like cake they can just go to their like high yield savings account they can just go stake some eth
Stake some polka dot St some cardano so this whole notion that like oh doge is [ __ ] because Unlimited Supply not that I’m saying that he’s saying that but it’s a common narrative doesn’t really make sense because Doge has good demand it’s there it’s a great brand and
It has narrative it has Brand narrative leaning on Elon Musk and a lot more even without Elon Musk in the picture doge is Doge the tech is cool Fork of Litecoin recognizable some people actually only know Doge um friend of mine his mother only knew about Doge didn’t even know about Bitcoin didn’t
Know about ethereum and also a fantastic way to on board children and like younger audience genzi Millennials like whatnot to crypto because they make that connection and often it’s an onramp to defi so it will always happen and these factors are concrete regardless of Elon Musk regardless of the supply increasing
Because the demand is there where I’m more Supply concerned are like projects like rip you know 50 billion in our bag but I digress toomics have scared many smart people away from the project over the years and they could definitely be better but it obviously shouldn’t be a
Deal breaker on a technical level Dogecoin is a fork of a project called luckycoin this long forgotten project was a fork of Litecoin so Dogecoin and litecoins early Tech have a lot of similarities including both Founders sold them back for example Litecoin and Dogecoin both use a script algorithm for
Its proof of work consensus mechanism it is common knowledge that Dogecoin was started as a joke that much is obvious most meme coins are jokes but Dogecoin was a bit different because the founders well they were actually making a joke out of crypto if you want to have fun
With crypto check out our Channel sponsor stake St was launched back in 2013 around the same time as bitcoin’s first mainstream bull run this was also when the first altcoins were popping off this was before ethereum and other smart contract platforms so all these new altcoins were built on their own blockchains
Most of them were Forks of Bitcoin with small tweaks but they all promised that they were going to be better than Bitcoin and change the world of Finance this was the very first All Season Two programmers Billy margus and Jackson Palmer decided to launch their own you know I’ve never I think I’m
Blocked by one of the um I think I’m blocked by one of the guys from Doge on like one of my personal accounts and I mean just look at the look man it’s just got soy boy [ __ ] beta ass energy what do you expect probably get blocked just
For [ __ ] looking at him the wrong way um was it Billy who flopped and sold his bags I don’t know but like look I’m not saying this to attack them s to speak but it’s interesting how this Narrative of like making it a joke but it ended up
Being like successful and that’s often the Paradox because when you’re obsessed with the mission and not the money then it actually brings the money um I’m not particularly really fond of like the people involved like founders of of Doge I don’t think I’ve had any experience with Jackson Palmer I’m pretty sure
Billy has blocked me on Twitter um probably because I made a doge meme it was not even anything in this insulting or condescending I was it’s very bizarre but it is what it is all coin but they would be promising absolutely nothing the coin would just be a pointless mean
They thought it was a joke but they had no clue how radical their idea was it’s kind of funny they were trying to make some sort of statement about how ridiculous speculation in the industry can be but they created one of the most ridiculous and speculative Trends the
World has ever seen thanks guys the project was launched on December 6 2013 way back in the early days of crypto now this is your very first time on the internet you might need to reminder that the Doge and Dogecoin is based on the Sheba enu dog from the Doge mes it
Didn’t take long before Dogecoin would viral hit became one of the most talked about projects in in the industry the Sheba youu dog I didn’t even know that was a real dog like I thought it was just like this like cartoon but I mean it’s pretty cute dog
You guys got to admit like and that’s the thing like relatability cuteness this is all why all the retards excuse my French jump into stupid dog coins the inventors know what they’re doing they’re targeting them you know what I’m saying they’re targeting them so it’s
Like this is why I mean it’s cute it’s round it’s chub it evokes emotion so yeah um of course that narrative is going to pop off it was embraced by a very large segment of the crypto industry even some of the Bitcoin Maxis bought Doge because they thought it was
Fun and didn’t see it as a threat good boy they also thought they were making fun of all coins by supporting Dogecoin not knowing that the creators of the project were making fun of them too they tried to troll crypto but in the end these two guys well they were the only
Ones who got trolled says bitcoin’s fees were starting to get high around this time Dogecoin started to fill a space for low value transactions it became extremely popular for timing influencers or commenters who left good responses on Reddit at some point during 2014 there was more trading volume for Doge than
There was for all of the crypto assets that were on exchanges at that time the founders entirely abandoned the project and sold their stake in 2015 throwing away their chance to be billionaires in the process 2015 huh you don’t say let’s take a look look at that guys 2015
That’s impressive though volume I always say it’s like the pulse of a project a big market cap means little and especially when you look at the fully diluted cuz don’t be deceived guys you got to look at the fully diluted but 2015 huh oh man bro they really fumbled them bags triple
01 triple 01 man basically basically missed out on like a what like a a th000 X Type Beat it’s God damn maybe like a 10,000,000 to 10,000 x damn bro that’s rough I mean yeah I can understand why Billy um or the others I don’t know who exactly I’m just going to
Use Billy for the sake of Billy co-founder Billy Marcus he told the do community that he sold his bags in 2015 for a used Honda Civic he said he bought back into the project in 2021 when Doge was rallying over 20 C he still we’re recording this video
I respect him for still being able to have some fun with it but I did notice that he deleted those Tweets in 2021 where he talked about buying back in I guess he felt they didn’t age well during the be Market Jackson Palmer the other co-founder is a lot more bitter
About the situation he seems to have made it his life’s mission to destroy crypto whenever crypto is pumping he’s appearing on the news to talk about how bad it is during the last bull market he launched what the actual [ __ ] like you launch a token to make fun of crypto it
Uno reverses and takes more volume than all altcoins and then you paper hand sell it and then [ __ ] on it and then buy back in at the bull and then delete tweets like bro come on now a short live podcast gronomics what the [ __ ] is this grift
Onomics what are these guys smoking bro angry crypto fam like what cryptonomics technology podcast never heard have you guys heard of this we are living in a time where a JPEG can sell for a million dollars celebrities openly endorse Ponzi schemes and when you’re in when you’ve invented and what you’ve invented
Doesn’t matter nearly as much as what you say you’ve bro like what is this [ __ ] let’s check this out about gronomics I mean this is not even the same dude but um the can so culture con what the [ __ ] is this what is this chat I don’t know it doesn’t even look
Particularly I mean bro come on guys one year 600 views come on we get more on on like two on like a single Dave pornoy reaction what the hell is this guys imagine you make it your to just [ __ ] on crypto like just because you
Missed out look I can at least have the humility I put in $15,000 in a stupid ass meme token I won’t say the name because I still have it and I don’t even need it to pump anymore it’s a write off I I didn’t sell it is what it is I learn
I learned we all we all have a burning moment where we learn but like to just like try to make it your mission to just [ __ ] on crypto because you have made one mistake come on bro come on as called cryptonomics where he documented markets that he thought were
Scamming for other people who missed out on crypto the project stalled out about after a dozen episodes with about a th000 subscribers on YouTube for most people that’s probably a decent accomplishment but for someone with his background that honestly is very sad with the outers gone Dogecoin became a
Community run project very little development was needed because most TR projects back in those days had the same philosophy as Bitcoin which was trading in blockchain that hardly ever need to be upgraded Dogecoin was pushed Along by its Community for years and continued to have a constant presence in any
Conversation about crypto especially in the mainstream media it still wasn’t really taken seriously as an investment though very few people thought that they were going to get rich on Dogecoin it was mostly just for fun that all started to change in 2019 though that’s when one
Of the richest men in the world Elon Musk decided to start showing Dogecoin I will say I actually like it when Ben talks about Doge like as much as I throw jokes at B and it’s just comedy like I don’t genuinely hate this guy I think maybe his area of
Expertise is better with like meme coins narrative storytelling qualitative stuff [ __ ] coins like I don’t know like I don’t know maybe he should talk more about Doge and like and that’s kind of like where he started off kind of no like TI talk Doge what do you guys think is he is he
Should he just be more into like m coins like I’m just saying that cuz like I feel like when he explains and talks about Doge it just flows better I don’t know in April of that year musk won a poll where in the Dogecoin Community was
Asked who the CEO of the project should be the other contenders vitalic beuing Charlie Lee of Litecoin and Michael hayner of a few company you probably never heard of shocking thing about this poll wasn’t musk win is that Marshall hayner came in second place I guess Charlie still being punished for selling
His backs when he was tagged in the poll musk replied nocoin might be my f crypto currency is pretty cool you know what else is pretty cool trading on fix make sure evidence of The Unofficial CEO role caused some excitement but it was still in the middle of the bare market so it
Didn’t go straight to the Moon right away it was also a long time before he would recognize Doge or post about but the exam he did things really started to take off it was December of 2020 when the bull market was starting to heat up again he posted one word Doge and the
Price rallied by nearly 20% 2 months later in February 2021 deposed Doge coin is the people’s crypto causing it to Rocket more than 50% to a new alltime high of overow 5 cents this is when things Z again really crazy the reason why I like Doge and I
Think this is also why Elon Musk likes Doge perhaps maybe even Mark Cuban um is it Mark cubin I think it’s Mark cubin is that it’s just like Doge kin really is the people’s currency highly traded high volume easy to get in cheap to transact with very funny very
Bubbly very Invitational very Global really is like when I think about something that can replace Fiat as interesting as it is as funny as it sounds it could really be something like Doge to um almost be used because it’s because it’s inflationary too that’s the thing people are more willing to spend
It and if you’re more willing to spend it on like xrp where it’s sitting and it’s not even gaining any sort of staking or anything then at least it’s becoming becoming a medium of exchange if it’s a medium of exchange if people are willing to spend it then it has that utility
Where people use it as a bridge between things as we saw with his early Inception with like Reddit post reputation donating um Dogecoin is fabulous I I really like Doge and I still like Doge always did like Doge always will like Doge I can’t really understand if someone doesn’t like Doge
If you don’t like Doge unsubscribe get the [ __ ] out of here do still had a community and it was getting bigger by the day but this was the first time it had a great leader this was good and bad Elon support help push Doge into the mainstream but it was also way too
Dependent and I will say this notice I’ve said in the past charismatic leader Brad garlinghouse for xrp David Schwarz for xrp right Charles hoskinson for cardano um who else you have Paulie for PNC and whether it’s elected or unelected elected or unelected so what does that mean well Charles has made it
Clear that if he’s even dead like the project goes on but whether they’re elected or not people naturally gravitate towards a pilot a captain right the captain of the ship the pilot right the captain of the boat and so with this Elon Musk has basically become like the people perceiving him as the
Charismatic leader of Doge right so these this is important because it also plays a big role in rallies as as Ben has made it clear and and shout out to Ben for like this has been a good video so so far on one person one person who
Is just as volatile as the crypto markets or me just kidding I’m very common stable by late April Dogecoin was reaching an all-time high of over 60 cents because there was a ton of hype about Elon Musk appearing was already out live he was scheduled to guest host
The show in early May and everyone was thinking that he was going to go on there to show Doge to millions of normies and pump the prize past the dollar this isn’t what ended up happening though he went on the show and his only mention of Dogecoin was call it
A hustle within a week the price of Doge was cut in half down to 30 Cent range the low 30 C range this would be the beginning of a slow andan decline that would push Doge down under 10 cents literally watching that in real time and the moon Boys Around Me were
Also watching waiting for their favorite meme token to be said in addition to Doge and so what I learned is just to be a contrarian if the masses are like yeah he’s going to send Doge to the Moon I’m [ __ ] Market selling that [ __ ] Market selling that [ __ ] instantly I have to go
Against the grain of what the masses are thinking right now the masses think oh real estate’s going to crash nope the bubble’s going to keep getting bigger they Norm normalizing interest rates ain’t going to happen anytime soon this bubble can get bigger but it doesn’t necessarily mean it’ll pop that has
Different elements to it so it’s good to keep your mind open to being a contrarian because often what the masses do usually the opposite happens where remains through the entire Market even though Doge crashed down hard from its all-time high it still maintained a floor roughly 5 cents which
Is much higher than it was in previous bare markets seeing Doge above a penny was rare back in the day so the longtime holders are very happy many of the people who bought into the hype art though some of them have even tried to steal Elon Musk he’s been mostly silent
On Doge and crypto in general im mean such a Wim you’re going to try to sue Elon for your bad trading decisions holy is this really what we’ve gotten to 2023 some Judge Judy [ __ ] what kind of ass hat [ __ ] [ __ ] is going to try to sue Elon Musk you really
Think you could have a better lawyer than Elon Musk oh man people think everything’s Costco except your bad decisions and own them it’s funny how everyone wants to have freedom and defi when it comes to making big gains as soon the price goes down I need to sue someone Costco 1800
Costco please I need a refund please please bro since crypto winner hit but just recently in January 2024 mus was asked if he was still supportive of Dogecoin while answering questions during one of Cathy wood spaces during the interview he said I still own a bunch of Dogecoin and SpaceX owns a
Bunch of Bitcoin I I still own a bunch of Dogecoin and SpaceX owns a bunch of Bitcoin who you want to watch an epic video where me and Anthony Pomano got into it over do sh and xrp check the link on the screen I don’t just talk
About crypto I argue with people about crypto until I’m yelling and my face is red that’s why you like me but damn I might have to check that one out by the way I see you guys are saying yo check out bong again check this out I’m paying
Attention to the comments so if you guys want me to follow up with another project the community sentiment is always very important to me what the chat wants to see so let me know if there’s other videos like I’ve been seeing what’s been popping right now with live streamers and whatnot I’m
Going to start making some some fresh new new uh reacts so let me know in the comments man but I care and I have strong opinions and my strong opinion and you need to subscribe to this channel is hardly did anything to the price of do the resell ones so it’s
Impact on the price may have diminished over time this is honestly a good thing though no one person should have so much control over a crypto Network now the community really has this chance to shine most m coins don’t have any utility at all they’re meant for fun
Parting gambling or All the Above but there has been some okay so he said the Voldemort word utility guys what’s the utility of a Seiko or a Rolex time right but we can also get that from like a $5 time x a $5 Casio or a [ __ ] dollar am clock I
Don’t know you know what I’m saying notice it’s always about narrative and story and it’s more than just utility when he says most m coins don’t have utility yes that’s true but the reason why they pop is narrative speculation Graphic Design Story and that is also the driving
Factor in all of business really you see a Nike ad you see Ted uh what is his name Terry Cruz with the the deodorant for Old Spice yelling you see Usain Bolt running you see Cristiano Ronaldo you want to be like this you want to be like that it’s always about
Narrative and when we look at the other projects like the altcoins many of these projects like XP like who’s spending in using xrp what’s going on in the real world with xrp or heck even like some of the other ones polka dot who who’s doing stuff with cardano in the real world
Today right now nothing so it’s it’s all really narrative really it’s all narrative 99% of them is narrative so the word utility is used so loosely and it’s uh I I find it quite bizarre because there’s stuff like no one says like yo man like damn like like it it’s
All about the stuff people use and how it makes them feel but still it’s about narrative at the end of the day you know like we have all this infrastructure and it’s still just hype hype hype nothing burgers and it’s not just exclusive the the meme coins some
Development on Doge to bring more utility to the blockchain one of the hottest things happening right now in crypto I’m recording this in January 2024 is doal nft orinal inscriptions on the Dogecoin block chain there have been over 650,000 inscriptions so far this CA some interesting reactions from the
Dogecoin Community though we’re starting to see the Dogecoin Community arguing about inscriptions in the same way that the regarding inscriptions I don’t care I think like bring it bring the utility bring like bring new things let them do it you know people will get pissed people are naturally resistant to change
Always were that’s just the way people are they’re hardwired for survival so they resist change but like Benjamin Franklin said change is the only constant so I I welcome that like the whole Doge chain and doing this inscriptions even with Bitcoin the whole ordinals like who gives a [ __ ] like
That’s the whole point of defi is that people [ __ ] [ __ ] up and do things uh who are we to always set boundaries of what people should do or shouldn’t do if the tech allows it then so be it then people will vote with their support or lack thereof Bitcoin Community app some
Members of the Doge community I guess maybe you call them Doge people are complaining about how the nft inscription craze is clogging up their precious blockchain eventually they’ll realize they’re fighting losing battle just like Bitcoin Maxes are starting to realize that ordinals aren’t going anywhere outside of the new hype and
Inscriptions and basic transactions there’s much utility to Dogecoin because it’s an old school mecoin and they don’t really need to do much else I think there’s a good chance that Dogecoin will have much more utility in the future as an online payment system this might sound crazy but there is a decent chance
That we can see El mus integrate Dogecoin into his X app and if that happens it will put Dogecoin on a whole other level I actually thought this would have happened by now but just now Elon was doing some stuff with payments in Utah for X pay attention when he
First took over Twitter the bird logo was changed to the Doge logo for a very short time this was just a troll we never saw any Dogecoin Integrations so it tells me we haven’t heard the last of this idea though but on in my price prediction video the difference TR up
Bull run with Doge integrated index.com and one where it’s exciting potential utility will get shut down drop your price prediction on Doge and thoughts on mean coins Down Below in the comments do me a favor make sure you hit that like button on your way
Out this was a pretty good video by Ben nice nice video Ben uh if you want guys want to check it out drop a like it’s in the description original video sub to Ben Armstrong um Ben you know I think he’s better with the meme coins honestly
His take on Meme coins is good um I do think that I was expecting integration on X the reason why is everything narrative volume Graphics OG Pioneer meme coin plus it’s more feasible and viable for transactional you know spending if you guys have ever used Litecoin to send and receive it it’s
Very very cheap um it’s it’s so being a fork of that a fork of a fork from Litecoin I think that uh it makes sense it’s cute and um who knows like it could be and Elon Musk has entertain that idea of it being like the the people’s
Currency as a paradox of like you didn’t expect it but as a result it happened almost like the same Narrative of when they founded Dogecoin and didn’t expect it to result in such a huge market capitalization so I think this is overall overall a good video by Ben um
Let me know what you guys think about your price predictions for Doge uh what do you think about Doge is there a you know bright future for Doge do you think it could like still remain cemented as the number one do you think Pepe or Bon
Or shibba Inu pose any sort of risk to Doge or they just kind of fade away let me know I like Doge I think I might scoop it up uh might be scooping up some more I don’t have much I think I only have like th000 bucks a doge or
Something like that like I have a very marginal amount what interested me the most was day trading like I kind of learned about day trading with Doge and I loved it because it was very like volatile nice margins to play with highly volatile it was just a token
Where like it’s just meant for day trade I don’t know how to explain it but someone in the chat probably can resonate with that and and let me know but um overall good video by Ben um if you guys made it this far Legends smash a sub smash a like so appreciative you
Guys helping us pass 1K let’s hit that 2K and one day who knows we need Ben Armstrong to be saying anger crypto maybe we’ll be in the ring with Ben Armstrong who knows man I’ll see you guys in the next anger crypto sh