Share this page!

Enter URL or ID to Unroll

You can paste full URL like: https://x.com/threadreaderapp/status/1644127596119195649
or just the ID like: 1644127596119195649

How to get URL link on X (Twitter) App

  1. On the Twitter thread, click on or icon on the bottom
  2. Click again on or Share Via icon
  3. Click on Copy Link to Tweet
  4. Paste it above and click "Unroll Thread"!
  5. More info at Twitter Help
Mishaboar Profile picture
Mishaboar
@mishaboar
Dogecoin news and advice, without hype - encouraging day to day use. Half boar, half man, all cannoli. Notorious cannoli smuggler wanted in 50 states.
Nov 10 • 4 tweets • 4 min read
Dear #Dogecoin,

Many newbies are buying Dogecoin (and crypto) for the first time. These are the most important pieces of advice I have given over the years. 🧵

1. Put into Dogecoin (and any crypto, including BTC) only an amount you can afford to lose

...or to have locked in a depreciated asset for a while.

That amount varies depending on your financial situation and propensity for risk.

While Dogecoin is less risky than 6-month-old tokens shilled to you as a "cult," it is still extremely volatile in a way that might be nerve-wracking for most newbies.

Be aware of the risk at all times.

1/nImage 2. Stay away from leverage and derivatives.

Most normal retail users do not need any of these tools. It is like betting against the casino, and the casino always wins. Crypto is already highly volatile, and #Dogecoin could even be seen as a leveraged bet against Bitcoin.

The market dynamics are extremely unfair and easily manipulated by exchanges and market makers, who can force a liquidation from their own black boxes. You are essentially gifting exchanges and market makers your money when using these tools.

Leverage and derivatives are only for gamblers and insiders with enough liquidity to inject to keep their positions open.

Finally, also stay away from programs (offered by exchanges or DeFi protocols) promising APY for holding your Doge there. You do NOT need that extra 3-8% per year.

These programs involve a level of risk you cannot fully comprehend and may imply lending your Dogecoin to speculators who might use it in ways contrary to your interests.

Stay away!

Check this well known "wisdom" post from 2021: x.com/mishaboar/stat…Image
Dec 29, 2022 • 6 tweets • 3 min read
A reminder to withdraw your #Dogecoin from crypto exchanges, shibes - a good way to end the year.

Take the time to learn to use a non-custodial wallet, make tests with small amounts, create backups, then withdraw.

Your crypto is not safe on any exchange.

1/n Art by @italia_dogecoin! Mishaboar holding a wonderful shiba What we saw happening during the past year is just a confirmation of what we already knew.

Remember, #Dogecoin: exchanges are businesses, and they are not bound to act in your best interests.

Their focus: attract as many customers and hold onto their liquidity.

2/n
Dec 12, 2021 • 4 tweets • 2 min read
Excitement and sentiment are everything in this speculative market, and they are also the cause of the "cycles" we see among retail investors.

Market cap is really only the last price somebody was willing to pay for an asset * total theoretical supply.

#Doge The aim of real FUD spread around #Dogecoin throughout the year (it has no devs; it has no future; it must be capped; a whale holds 30% of the supply) is exactly aimed at killing sentiment and making people sell and lose interest, because they think there is no hope.
Dec 11, 2021 • 6 tweets • 4 min read
A good review from NextAdvisor/@TIME about why Binance.Us, while in theory more compliant with U.S. regulators, is not a great option as an exchange.

Their point about security is spot-on, especially after the recent wallet disaster. #DOGE

time.com/nextadvisor/in… We talked a lot about why holding on ANY exchange should not be done.

The recent wallet incident anyhow, also through the official press release released by #Binance, points at the fact their infrastructure was obsolete and/or not maintained with the needed care. #DOGE
Dec 11, 2021 • 6 tweets • 3 min read
Over the past years I have come across several reports of users losing all their funds because they are using "online" wallets.

Freewallet is one of those mentioned more often, with users having lost huge amounts of #Dogecoin on it.

NEVER hold your #Doge in online wallets! This applies also to more "legit" websites like dogechain.info (the .com domain is a scam we have been fighting earlier this year).

Even on legit websites users get locked out, lose 2FA authentication, and cannot gain access to the #Doge they are holding.
Dec 11, 2021 • 4 tweets • 3 min read
Not only #Bitcoin, but also #Litecoin and #Dogecoin have now recovered the lost hash rate after the China mining ban.

This means the network is more secure than in the past months, making a 51% attack much more unlikely.

A higher hash rate means a healthier network. You can also check the thread below by Charlie Lee, the creator of Litecoin, explaining how #Litecoin/#Dogecoin "merged" mining works and benefits both blockchains.

Dec 10, 2021 • 10 tweets • 4 min read
As per their official press release, because of mishandling of the upgrade of their wallets, in November, @binance sent out duplicates of old transactions from 2019 to 1634 users.

These accounts have been marked as in "arrears" and asked to return the extra $Doge. The issue was caused by the fact Binance was holding their Doge in a very old #Dogecoin Core version (1.14.0!) when they upgraded to 1.14.5.

In 2019, they had resent stuck transactions without following the proper protocol. More on this:

Dec 10, 2021 • 8 tweets • 5 min read
For #Dogecoin holders on Binance, and all Indian shibes on @WazirXIndia that have been anxiously waiting to withdraw through the bridge with Binance:

Withdrawals are open right now on Binance. Not sure for how long, so do give it a try now before this goes down again. Image As we discussed in the past, Binance, through its CEO, has followed a clear strategy aiming at de-legitimizing #Dogecoin throughout this year.

@cz_binance made several disparaging remarks aimed at spreading FUD and bringing #Dogecoin down; stuff like:

Nov 26, 2021 • 4 tweets • 2 min read
Many #doge holders wrote me today asking for help: they have been receiving warnings about their margin accounts being liquidated.

We must educate to avoid these tools, and warn against false friends that push newbies to add gasoline to the fire that is the crypto market. Several of these shibes were new to crypto when they were introduced by their "buddies" to margin and futures trading. To the point that many of them think these tools are an integral part of crypto and #dogecoin.

They are NOT!

What do we say to those pushing these tools?
Nov 26, 2021 • 4 tweets • 2 min read
Many shibes bought 69+ #Doge today, it seems! That was the first part of the battle.

The second part is even more important, especially for the long term health of #Dogecoin. Withdraw the Doge you are holding in the exchange to your private wallet,

Not your keys, not your Doge Of course, if fees in the exchange are unreasonably high for the amount you are holding, you might need to wait. But try complaining about it.

Exchange fees are nothing but commission fees when you see them being much higher than current recommended network fees.
Nov 25, 2021 • 4 tweets • 2 min read
That chat around the turkey bores you? Today, if you are one of those dudes with a few billions of pocket money and some free time this is a mission for you.

Or better: we need a lot of shibes buying 69 Doge each.

And withdrawing their #Dogecoin to their wallets.

ಠ_ಠ Got mine #dogecoin (sorry, had to edit out for privacy: do not want exchanges to match me to an account)
Nov 25, 2021 • 7 tweets • 5 min read
Shibes using @WazirXIndia and with an account also on @binance (fully KYCed) have an inter-wallet feature to transfer crypto between the exchanges.

Of course, Dogecoin withdrawals have been halted on @Binance for 14 days now. @dogecoin_devs are helping Binance fix their issue. There is an alternate channel to withdraw Doge from Binance via BSC/renDoge setup by Patrick Lodder, #Dogecoin Dev. This is experimental, involves some hoops, but allows withdrawals of amounts below 1000 Doge at a time. Read the reddit thread carefully!

Nov 25, 2021 • 8 tweets • 5 min read
Important! Shibes from India have been unable to withdraw #Dogecoin from the major exchanges in the country for over 5 months now.

@WazirXIndia (by Binance), @CoinSwitchKuber, and @CoinDCX have disabled Doge withdrawals and limited daily withdrawals on all cryptos.

1/n First of all, there is no reason for exchanges to disable #Doge withdrawals, while allowing BTC, ETH, and other crypto - including shitcoins - withdrawals.

Do I need to mention that @WazirXIndia, acquired by Binance, allows SHIB withdrawals but not #Dogecoin?

2/n
Nov 23, 2021 • 4 tweets • 2 min read
Shibes, you are not powerless. You can gain more control over #Dogecoin:

- Do not put your crypto into lending programs like Gemini Earn/FTX Earn/Voyager
- Do not use exchanges as wallets
- Hold your crypto in your own private wallets

Take that liquidity off the table. Really. More information on lending programs, aka every program promising APY for "staking" (it's actually lending to speculators and liquidity providers, not staking) - your $Doge:

Nov 22, 2021 • 4 tweets • 2 min read
It looks like there is some communication problem around the SoDogeTip bot on reddit. Some receive real tips and think it is a scam.

SoDogeTip bot is "the" #Dogecoin tipbot since 2017 - when it replaced a bot whose infamous dev had indeed gone rogue. 1/3

reddit.com/r/dogecoin/com… When you receive a tip, if you have never used SoDogeTip before, you will receive a PM on reddit asking you to register. This is normal.

SoDogeTip works on chain, so you will receive your own address when you register to use its services. BUT! 2/3
Nov 21, 2021 • 4 tweets • 2 min read
Important! Many do not understand this.

Coinbase insurance does cover up to $250K, but only if you are a U.S. resident. Even in this case, the $250k in their policy refers ONLY to your holdings in fiat, not to your crypto.

Your crypto is insured on a best-effort basis. 1/n Also, it is fundamental to understand that their policy does NOT (I repeat: it does NOT) cover losses resulting from unauthorized access to your account due to a breach or loss of your credentials.

help.coinbase.com/en/coinbase/ot…

#dogecoin

2/n
Nov 21, 2021 • 4 tweets • 2 min read
A reminder: if you want to take back control of #Dogecoin, start by keeping it in your private wallets. Also avoid programs like Gemini Earn, FTX Earn, and so on. When you use these services you are LITERALLY lending crypto to all the "Barry Silberts".

Once again: this is NOT a conspiracy theory: this is written black on white on the ToS of these programs (and which many skip).

Genesis, the borrower of the $Doge you put into Gemini Earn, is owned by Digital Currency Group, the company Barry is CEO of.
Oct 7, 2021 • 9 tweets • 4 min read
Recent events deserve a thread about #Dogecoin's blockchain and what it means. In December 2013, I wanted to start mining cryptocurrencies. I tried to ask questions on r/bitcoin, and let's say I was not treated very nicely. Crypto was already very elitist, back then. 1/n That really bothered me. I found this other two-day old new crypto with a dog in its logo. I looked at my dog sleeping at my feet, told about it to my partner, and we decided to mine Doge instead. 2/n
Oct 6, 2021 • 4 tweets • 2 min read
I think the Bitpay integration is the gift that keeps on giving, and @mcuban's push in March was instrumental to get there. @BitPay it is very practical, easy to implement in platforms like Wordpress and Magento. Early in March I wrote about how @mcuban's Mavericks news overshadowed an even bigger gift: reddit.com/r/dogecoindev/…