iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,423 Blog Posts

Happy Super Bowl Sunday 2021 — Dogecoin Edition

Lots of movement in DOGECOIN today, presently trading above 8 cents. Mrs. Fly and my son are long and envision it going to 10 cents, all the while every other real crypto gets wrecked. This is all thanks, in large part, of Elon Musk — who keep tweeting about it. His pervasivness has turned this meme coin into an even greater meme and it’s now valued at more than $12b.

Meanwhile, Super Bowl Sunday 2021 is here and I am treating it as a national holiday here — cooking wings, beefed stew, mashed potatoes, guac, hoagies, an assortment of cheeses and dried meats and of course copious amount of Red Breast Irish whiskey. America’s champion, the goat, Tom Brady presides of the Chiefs in what is sure to be one of the greatest foolsball tales ever told.

I have no market insight for you other than to strongly suggest booking gains in DOGE before the superbowl has ended. Rumor has it that Elon took out a Super Bowl ad to hype it. I don’t think he’s that crazy, although I could be wrong.

Enjoy the festivities.

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7 comments

  1. helen

    Alcohol severely reduces brain’s ability to produce BDNF! Without it, your attention span/concentration/…goes to shit. You know what to do. Dairy products fuck it up too…Enjoy

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  2. Raul3

    fucking lies helen, I drink every day and look at me? yeah

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    • edge

      I drank every day but I got too fat…I’ve reached that dreaded stage in my life where I will have to maintain my weight. Goddammit.

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  3. Raul3

    people of iBankCoin, do not sell you doge at any price, it will be a choice that one day fills you with dread

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  4. edge

    I look for the reflation trade to continue through the summer as the economy reopens and stimulus is spent.
    By fall it will be seen as a mirage. Trade will go both ways this year.

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  5. edge

    Jeez. I’m up almost 2% of portfolio and that doesn’t include call options.

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