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rkbabang

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Everything posted by rkbabang

  1. The lunatics really are in charge of the asylum. https://nypost.com/2023/06/25/nyc-rules-crack-down-on-coal-wood-fired-pizzerias-must-cut-carbon-emissions-up-to-75/amp/ These people always sound exactly like a villain in an Ayn Rand novel. “This common-sense rule, developed with restaurant and environmental justice groups, requires a professional review of whether installing emission controls is feasible.”
  2. Did you have to mention that today? Yes, there will be some accidents along the way and some people will be hurt. But progress requires that.
  3. yes, but if this makes a move towards $30 or beyond later this year the premiums will be pricey as well. The sooner this happens the pricer the premiums. I’ve already made some money buying and selling long dated out of the money calls on MSGE. I’m hoping to sell these way before January.
  4. I bought a few MSGE JAN $40 calls yesterday and today to add a little leverage to my position.
  5. The next high will be a year or more after the next halving, so yes it will be a few years away. The 1st halving was in Nov 2012 and BTC hit its peak ($1200) 13 months later in Dec 2013. The 2nd halving was July 2016 and BTC hit its peak ($19K) 17 months later in Dec 2017. The 3rd halving was May 2020 and BTC hit its peak ($63K) 11 months later in April 2021, then dropped and hit another peak ($68K) in Nov 2021 18 months after the halving. The 4th halving will be around April or May 2024, look for the next peak sometime in 2025.
  6. Now that they are at the point where if the sub is still intact they would be out of air, I hope it imploded on day 1 and they died almost instantly. Being stuck in that can for days, slowly using up all of the air, knowing you were going to die would be a horrific way to go.
  7. Agree about the SEC. One correction. "The business of MONEY has and always will be deeply corrupt", The intersection of the business of money and government will always be deeply corrupt. I've never used coldcard, but if I were to try a hardware wallet that would probably be my choice.
  8. No problem, I’ll be happy to admit you were correct if this isn’t approved in the next 12 months. I think they have declared the shitcoins securities to further legitimize Bitcoin and maybe ETH, after all does it make sense that other actively managed projects that began with premined coins distributed to a select few and used as a currency are securities, but ETH isn’t? They are already not being consistent. The SEC will give Blackrock what it wants and figure out a way to spin it to the masses.
  9. ok, no problem. I’ll stay here in cockoo land and you can come back later and say “well I guess you were right”.
  10. I’d bet it will happen. It hasn’t happened until now because Blackrock hasn’t wanted it until now. You ever hear of the term “regulatory capture”? Blackrock controls the SEC, not the other way around. look at Fidelity. They’ve been preparing for this for a long time. Hell, they’ve been mining Bitcoin for 6 years now. Don’t you think they’d have loved to offer a BTC ETF last year or two years ago? Of course, but they know how the game is played. They knew it wasn’t going to happen until Blackrock wanted it to. Now is that time.
  11. It's just a different personality type. Sort of like the difference between the longs and the shorts.
  12. Just goes to show that everyone deals with grief (and inheriting a boat load of money earlier than expected) differently.
  13. I'm becoming more and more sure that BTC is going to be the crypto you want to hold. I don't see XTZ going anywhere, I originally bought it at the ICO and have held and staked it since, but I don't see any reason for XTZ over say ETH, ADA, etc... long term. I think ETH has a future, but I can't see why the SEC would say that ADA is a security but ETH is not. I think ETH is going to be targeted by the SEC at some point, probably soon. And when that happens its price will drop relative to BTC and I'd lose my chance to convert at a favorable ratio. So today I made the decision to do it. Even before this business with the SEC this week I had already made the decision that I want to hold a lot more BTC than ETH. I've been watching the ETH/BTC pair for a few weeks and I just got sick of waiting. I'm certainly glad I did that on the 9th. The value of ETH has been decreasing wrt BTC ever since. I expect this trend to continue. ETH has value and will continue to have value, but the long term potential is many orders of magnitudes less than BTC.
  14. He also mentions how they use a game controller so "anyone can drive" it.
  15. I'm already a few years older than my maternal grandfather was when he died. My father's dad lived to 90 though and he was overweight, drank every day from morning until night (literally had his first beer for breakfast) and chain smoked unfiltered cigarettes' his whole life. I'm thinking he was probably meant to live to 100, but killed himself early.
  16. 9 years ago. I wish I was still 41. Time flies. On the bright side my portfolio is larger than it was back then.
  17. As Arthur C. Clarke observed “Any sufficiently advanced technology is indistinguishable from magic.". I would expect any civilization who could actually get here to Earth to have technology that we couldn't possibly understand. The article I posted above talks about a craft that is 30 ft x 30 ft being the size of a football stadium on the inside. Of course that isn't possible with our understanding of physics. Moving through the atmosphere without compressing the air and generating heat isn't possible with our current understanding of physics. BUT. Traveling to other stars in a reasonable amount of time also isn't possible with our current understanding of physics. So either they have come here and can do things that look like magic to us, or they have not been here at all.
  18. I've always loved Portuguese Food (followed by Mexican, Spanish, Italian, Thai, and Indian) and French deserts.
  19. The fact that these aren't even available by prescription, never mind over the counter, shows the power of big pharma. I'm not sure there will be any investable ideas in this space until the FDA is put in its place by the voters somehow. (EDIT) Or the states rebel as they are doing now with cannabis.
  20. And that's just this dimension/timeline, that isn't even counting the interdimensional beings people talk to when they are on DMT, LSD, mushrooms, etc...
  21. Canada certainly isn't known for its cuisine, eh?
  22. If this is true it doesn’t bode well for the self storage industry. People will have all the space they need in their own basements. https://www.dailymail.co.uk/news/article-12175195/amp/Crashed-UFO-recovered-military-distorted-space-time.html Lawyer Daniel Sheehan tells DailyMail.com that a whistleblower told him of a crashed UFO recovered by the US military that 'distorted space-time' 'They had a guy go into it and it was the size of a football stadium, while the outside was only about 30 feet in diameter.' Sheehan said”
  23. I'm becoming more and more sure that BTC is going to be the crypto you want to hold. I don't see XTZ going anywhere, I originally bought it at the ICO and have held and staked it since, but I don't see any reason for XTZ over say ETH, ADA, etc... long term. I think ETH has a future, but I can't see why the SEC would say that ADA is a security but ETH is not. I think ETH is going to be targeted by the SEC at some point, probably soon. And when that happens its price will drop relative to BTC and I'd lose my chance to convert at a favorable ratio. So today I made the decision to do it. Even before this business with the SEC this week I had already made the decision that I want to hold a lot more BTC than ETH. I've been watching the ETH/BTC pair for a few weeks and I just got sick of waiting.
  24. BTC. Yes, I buy some small amount of Bitcoin every week, but today was a major purchase. I funded it by converting 40% of my ETH into BTC, all of my XTZ into BTC, plus new cash as well.
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