Stocks Thread

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  • Kamal
    Administrator
    • May 2002
    • 28835

    #31
    Re: Stocks Thread

    I'm aware, Walmart, Target, all these big retailers are jumping in on it. This is all virtual money, none of it exists. When the market caps tank and people stop buying into Crypto, it's all going to disappear like AOL did.
    www.mjwebhosting.com

    Jib says:
    he isnt worth the water that splashes up into your asshole while you're shitting
    Originally posted by ace_dl
    Guys and Gals, I have to hurry/leaving for short-term vacations.
    I won't be back until next Tuesday, so if Get Carter is the correct answer, I would appreciate of someone else posts a new cap for me

    Comment

    • Jenks
      I'm kind of a big deal.
      • Jun 2004
      • 10250

      #32
      Re: Stocks Thread

      Originally posted by Kamal
      This is all virtual money, none of it exists.
      This is a larger discussion about what money actually is, it's nothing more than an accounting ledger, who owes what to who. The green folded thing in your pocket is a representation of that, which is just as virtual as a digital ledger. Governments literally turn on a machine and print more of it. Sound familiar? The more widely adopted digital currency becomes, the harder it will be for it to disappear, it's an asset like anything else, but you also have to separate the currency aspect of crypto from blockchain technology which has a much wider application, and that's what all these businesses are adopting- take a look at smart contracts for example.

      Since this is an investment thread, regardless of what you or Bill Mahr thinks about the future of blockchain, 20k invested in ETH 3 months ago is 42k today. Investing money is about making a profit right? It's the literal definition of investing, and the entire purpose of markets. I disagree with you that blockchain ends up like AOL, but even if it did, it's not happening overnight, set calculated stop losses so you can sleep well at night and there is money to be made along the way.

      Comment

      • Kamal
        Administrator
        • May 2002
        • 28835

        #33
        Re: Stocks Thread

        Yes I understand what you're saying, but it's like investing in air, there is no saying WHEN the Feds will crack down on it to do away with the inability to track it.

        Seriously, forget your views on Bill, just watch it.

        www.mjwebhosting.com

        Jib says:
        he isnt worth the water that splashes up into your asshole while you're shitting
        Originally posted by ace_dl
        Guys and Gals, I have to hurry/leaving for short-term vacations.
        I won't be back until next Tuesday, so if Get Carter is the correct answer, I would appreciate of someone else posts a new cap for me

        Comment

        • REDROCK
          Gold Gabber
          • Feb 2015
          • 789

          #34
          Re: Stocks Thread

          All I know, is a good friend of mine had a friend go to China 5 yrs ago to buy miners for Crypto, anyway long story short, his $10k investment soon went to $100k, then Bitcoin crashed, he was left with $10k. I think that was obviously a different time, there is much more widespread adoption of crypto and infrastructure around it continues to grow. Anyway had a stock pop 40% yesterday AMS .

          Crypto is on fire right now, very bullish on ETH and DOGE, I'm amazed they haven't dropped this week, usually if the market is decent, crypto doesn't do well on Monday, and rarely does it continue it's momentum into Tues, if the other markets are not dropping.
          Back when a club was a club full of dancers and dove's.

          Comment

          • Jenks
            I'm kind of a big deal.
            • Jun 2004
            • 10250

            #35
            Re: Stocks Thread

            Originally posted by REDROCK
            Crypto is on fire right now, very bullish on ETH and DOGE, I'm amazed they haven't dropped this week, usually if the market is decent, crypto doesn't do well on Monday, and rarely does it continue it's momentum into Tues, if the other markets are not dropping.
            DOGE to $1, because the most entertaining outcome is the most likely.

            This is big: https://www.prnewswire.com/news-rele...301283028.html

            Comment

            • AchtungBaby!
              DUDERZ get a life!!!
              • Feb 2009
              • 7293

              #36
              Re: Stocks Thread

              Originally posted by Kamal
              And then dip shit Elon Musk is trying to create a sustainable planet on the one hand with Tesla and sinking all of the sustainability by being one of the biggest investors in crypto. It's mind numbing.
              He knows exactly what he is doing lol

              Bill Gates On Investing In Bitcoin: 'If You Have Less Money Than Elon, You Should Probably Watch Out'

              All this stuff looks really like an epiphany of Wolf of Street "Fugazi" scene



              "vision over visibility" Paul Hewson

              Comment

              • AchtungBaby!
                DUDERZ get a life!!!
                • Feb 2009
                • 7293

                #37
                Re: Stocks Thread

                Originally posted by AchtungBaby!
                This whole thing definitely not going to end well, sooner or later.


                Good time for making an echonomic difference tho!
                This.



                "vision over visibility" Paul Hewson

                Comment

                • Kamal
                  Administrator
                  • May 2002
                  • 28835

                  #38
                  Re: Stocks Thread

                  Bitcoin.jpg
                  www.mjwebhosting.com

                  Jib says:
                  he isnt worth the water that splashes up into your asshole while you're shitting
                  Originally posted by ace_dl
                  Guys and Gals, I have to hurry/leaving for short-term vacations.
                  I won't be back until next Tuesday, so if Get Carter is the correct answer, I would appreciate of someone else posts a new cap for me

                  Comment

                  • floridaorange
                    I'm merely a humble butler
                    • Dec 2005
                    • 29116

                    #39
                    Re: Stocks Thread

                    Buy the dip
                    Last edited by floridaorange; February 23, 2022, 07:11:48 AM.

                    It was fun while it lasted...

                    Comment

                    • AchtungBaby!
                      DUDERZ get a life!!!
                      • Feb 2009
                      • 7293

                      #40
                      Re: Stocks Thread

                      imo, 2022 will be a year for massive corrections.



                      "vision over visibility" Paul Hewson

                      Comment

                      • Kamal
                        Administrator
                        • May 2002
                        • 28835

                        #41
                        Re: Stocks Thread

                        Time to get more stocks lol
                        www.mjwebhosting.com

                        Jib says:
                        he isnt worth the water that splashes up into your asshole while you're shitting
                        Originally posted by ace_dl
                        Guys and Gals, I have to hurry/leaving for short-term vacations.
                        I won't be back until next Tuesday, so if Get Carter is the correct answer, I would appreciate of someone else posts a new cap for me

                        Comment

                        • AchtungBaby!
                          DUDERZ get a life!!!
                          • Feb 2009
                          • 7293

                          #42
                          Re: Stocks Thread

                          Originally posted by Kamal
                          Time to get more stocks lol
                          100%!!!



                          "vision over visibility" Paul Hewson

                          Comment

                          • floridaorange
                            I'm merely a humble butler
                            • Dec 2005
                            • 29116

                            #43
                            Re: Stocks Thread

                            Shibu.X now on Robinhood

                            It was fun while it lasted...

                            Comment

                            • AchtungBaby!
                              DUDERZ get a life!!!
                              • Feb 2009
                              • 7293

                              #44
                              Re: Stocks Thread

                              Originally posted by Kamal
                              Time to get more stocks lol
                              "Patience is value investor’s key identity. Mr. Buffett believes in buying more of quality stocks in the times of market corrections as the stocks with great quality may be available at a fair price. When others are greedy to buy stocks, the price of quality stocks may rise. That’s a point one should be fearful about, as the correct time of buying the correct stocks might be missed. Wiser investors prefer to stick to the quality stocks and hold them on for a long time and prefer buying more stocks during corrections"

                              Thats pretty much i needed to know quite a few years back

                              S&P 500 will always be the easiest way for a long term investor https://www.officialdata.org/us/stoc...0&endYear=2022



                              "vision over visibility" Paul Hewson

                              Comment

                              • AchtungBaby!
                                DUDERZ get a life!!!
                                • Feb 2009
                                • 7293

                                #45
                                Re: Stocks Thread

                                Originally posted by AchtungBaby!
                                He knows exactly what he is doing lol
                                By now, not quite sure about this one



                                "vision over visibility" Paul Hewson

                                Comment

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