OT: Stock and Investment Talk
- Thread starter RU-05
- Start date
They own 203k Bitcoin via various confiscations.
Pump up the strategic BTC reserve! So the gov’t can find Bin Laden…Saddam…Kaczynski…and thousands of fugitives and international criminals. But that sneaky Satoshi Nakamoto continues to elude the World. How about we find him and just confiscate his BTC?
If the Senator Lummis crypto bill goes through and they really start buying 200k Bitcoin a year for five years, those $500k to $1M per coin calls won’t look so crazy anymore
Why would they be looking for him? Could put on a tin foil hat and go with the “the CIA created Bitcoin” theory, that would explain it.
This from 2016.
(Watching Devils hockey, so I didn't read it, but heads on CNBC talking about it).
Very possible Satoshi Nakamoto passed away a while ago. Maybe there is nobody to find?
And you know, other nations will jump on board and start buying as well. FYI, SOL hit $200 today.
May be…just seems silly that this “who is Satoshi” game continues and nobody knows. The HBO Max doc is pretty good though.
Yeah, I watched that doc. Very good! Fascinating mystery on his identity.
Why stop there? The US should be backing up the truck buying Bored Ape NFTs. Oh I forgot Yuga Labs is basically bankrupt and Ape NFTs are down 90%+. You have to be either a special kind of moron to buy one of those or so rich it doesn’t matter.
Digital art is more like a collectable. Best to stick with real investable assets like BTC!
Which some here may scoff, but it actually has become just that.
+1
Hard to ignore reality forever. The market has already decided what BTC is and its value.
I’ve been a casual reader of this thread since
it’s inception.
Looks like there are only a couple mentions in almost 800 pages of my big stock since Covid - Axon.
This stock has slowly ripping the past 4 years and beats earnings quarter after quarter.
I sold my position after last quarter (about $365 a share) and it’s over $500 a share after close today with another big earnings beat.
Hoping to get back in there on a dip but kicking myself for selling.
it’s inception.
Looks like there are only a couple mentions in almost 800 pages of my big stock since Covid - Axon.
This stock has slowly ripping the past 4 years and beats earnings quarter after quarter.
I sold my position after last quarter (about $365 a share) and it’s over $500 a share after close today with another big earnings beat.
Hoping to get back in there on a dip but kicking myself for selling.
I'm rolling with AXON! Got in at $300 via my custom stock basket (based on Tom Lee's stock picks, so not directly my choice). Great business.
BTC will have its day of reckoning - could be 5 years could be 20 years - triggered by either a massive breach and theft of BTC or some regulatory crack-down. Regardless, I have no problem with BTC taking a victory lap here. BTC isn’t about a cryptocurrency. It’s about human nature = greedy and opportunistic. I’m actually shocked it’s not much higher. What more does the market need? Is it possible there is BTC grid-lock because ownership is so concentrated?
Draftkings down 6% on mediocre quarter - said customers were winning too much on things like parlays. If I had to guess, and they would never admit it, but AI may be coming into play here. It’s been my fear ever since I bought the stock. AI could be a sports gamblers dream.
Day of reckoning? How will that be any different than any other currency over time? Currency/Gold was taken away from people...theft has always been rampant...manipulation happens all the time
Come on, we are so far past the “digital currency” nonsense = just ride the BTC wave and make money while you can. Nothing wrong with that. Heck, I told my 15-year old son to dive in and learn everything he can about it. With that said, it’s little more than peer-to-peer software that was created by a mystery man and has been pumped by rich Whales that have concentrated ownership and know that humans are stupid enough to buy anything (See, Bored Apes, SecondLife, Egyptian Princes, etc.). The real crown jewel in this whole technology shift is blockchain. But, do I wish I jumped into BTC a few years ago to exploit the opportunity - absolutely!
Just Sold entire DraftKings position. I may end up regretting it but the second I hear that a gambling outfit is losing money because bettors are winning I get very concerned. The House is always supposed to win.
Looking at RACE now as next big potential purchase. Rates coming down…stock market pumping…recent pullback…best of breed…I like the set-up for Ferrari to race to $500…?
Higher economic growth, tax cuts, lower rates = more Ferrari's to buy!
I looked a bit last night. Didn't see any -3x options. If you want more leverage than -2x you can try puts.
There’s certainly a case to be made that it’s overvalued. That case was shouted from 2020-22 while it did a 15x before finally falling. Could be in for a lot more up before that happens again.
He’ll claim credit for all the infrastructure being built just like the GOP Congresspeople who voted against it have been doing. It’s “infrastructure week” again…and also Groundhog Day.🤣
Welp, this aint working.
But what does that one betting guy say? Dont be a moron put more on? So I bought some calls.
