rkbabang

Some enjoy fondling the cube and others enjoy fondling their bits. I'm a bit-man myself.

Had someone said that when Walmart was only 14 years old they would have been 100% correct.

Yes Ripple (the company) isn't a 0, but there is no easy way to invest in it right now. XRP might be a 0, I don't know why it has the value it does. I think many people are excited about Ripple (the company) and so are investing in XRP (the shitcoin), but that doesn't make sense to me.

Ripple labs controls XRP and owns most of it, so it isn't really a public blockchain cryptocurrency, it is just a shitcoin some people are excited about for some reason that I can't fathom. I'd be interested in hearing the otherside of this as well. I don't understand the bull case at all.

He's single handedly suppressed the price of Bitcoin, no one wants to buy it and cause the next rally, because everyone wants to see this. It will shoot up to a Million in January.

I guess no one here remembers the late 60‘s Hippie generation. The Hippies were far more radical and socialist than the Millenials are now and look at where we are. Someones always trying to take my stuff. "All Complex Ecosystems Have Parasites" --Cory Doctorow

Continuing to raise cash. Sold 25% of TRUP to get my original investment out.

I was referencing the “simple investment” piece more so, but I have a hard time believing you could describe bitcoin to a ten year old in one sentence. Supply and demand imbalance doesn’t really cut it for me. Nobody can seem to tell me why people demand bitcoin other than that it’s going up. It’s not a currency. Currencies do not fluctuate like this. And it’s not a store of value either - those don’t fluctuate wildly either, they store value. If it “might” become a currency or store of value that is speculating. How's this: It will become a store of value.

Isn’t this literally the definition of a bubble? Buying begets buying? Are you just planning on selling before the music stops? When the bubble gets to its high, maybe BTC $2M then after it crashes it will settle back to $500k.

I fear this isn't really satire, but just some snowflake being unintentionally hilarious. But it's as funny as anything you'd read on The Onion. Next up, "How Frosty The Snowman Scared Me For Life". Don’t Subject Your Kids to Rudolph The world is bleak enough as it is. https://www.theatlantic.com/magazine/archive/2020/12/rankin-bass-rudolph-the-red-nosed-reindeer/616932/

Also just sold 25% of my APPN position to take more than my original investment out.

Sold my SAVE common and 2022 $30 calls. Made about 5% on the common and 13.5% on the calls. I'm still holding some 2022 $45 calls.

Bitcoin is just under its 2017 all time high again right now. Was referring more to the derivative of bitcoin (e.g. stocks) who did a "corporate strategy shift" to blockchain.. Many of these companies went up 2-4x in a matter of weeks upon whatever PR Hive Blockchain Technologies LTD is a perfect example. It soared 220% in debut of trading. https://www.cantechletter.com/2017/09/hive-blockchain-soars-220-trading-debut/ Here are some other "blockchain" names to name a few, there are many like this: Victory Square Technologies Liberty Leaf Holdings Datametrx AI Atlas Cloud Enterprises I'd be happy to name the MJ companies, but you can take a look at Aurora Cannabis Inc stock price to name 1./ No need, you are correct, I remember any company that mentioned "blockchain" shooting up. And the MJ companies as well. There of course will be real crypto and MJ stock investments (I own AYR Strategies), but that year was crazy.

Bitcoin is just under its 2017 all time high again right now.

upload images upload Blue = DJIA Red(?) = SP500 Gold = Gold Silver = Silver I said I was going to leave this alone but the fact that you shared a graph of the price return of the Dow Jones and S&P as a comparison to Gold and Silver just blew my mind. The correct chart to share would be total return since as an owner of a company you benefit from dividends and buybacks. Also, my point was that people who say Gold is a hedge against inflation are wrong and as you will see below if you go back to 1980 and adjust for inflation Gold has a negative return! The following is the CAGR of Gold and DJAI Total return with dividends reinvested from dates shown to Present (11/25/2020) adjusted for inflation. BOLD = Gold return 01/01/2010 = 3.45% 10.85% 01/01/2005 = 7.89% 7.33%* 01/01/2000 = 7.43% 5.08%* 01/01/1995= 4.25% 8.49% 01/01/1990 = 2.88% 8.26% 01/01/1985 = 2.73% 9.41% 01/01/1980= -0.18% 9.12% 1980 was a high year for gold, but even still, compare holding $10k 1980 dollars worth of gold with the purchasing power of holding $10k in cash for the last 40 years. Suddenly -0.18% doesn't sound so bad.

And correct.

Exactly and in both cases the web, or vaccines. I take issue with the politicians using words like "invented" or "created". There's a difference between throwing a lot of money at a lot of smart people and hoping something comes from it, and actually "creating" something. I invested in Netflix years before they offered streaming, so I created Netflix's streaming service. In the case of the politicians it is pretty easy to do when the money is being taken from other people first. "I had the vision to take other people's money by force and invest it in the internet." Hardly heroic.

Bad analogy. A vaccine is not inevitable. Sending bits between computers is. You misunderstand me. We already know that a vaccine has been developed. My point is that the development was inevitable without Trump's help, but credit him for speeding it along. Look at the context, I'm not generalizing that all vaccines are inevitable. Similarly, Marc Andreeson was on that NCSA Mosaic development team and then went on to Netscape where he brought it to the masses. And Al Gore's efforts brought the funding to MOSAIC's development. Then, in December 1991, the Gore Bill created and introduced by then Senator and future Vice President Al Gore was passed, which provided the funding for the Mosaic project. Development began in December 1992. https://en.wikipedia.org/wiki/Mosaic_(web_browser) Ok I get what you're saying, but the web isn't the internet, it is just one of many protocols that run on top of it. The internet itself can trace its roots back to the late 1960s snd TCP/IP was certainly being used by the mid 70s. Also if Trump claimed that he "created" a vaccine I would think that he was delusional as well.

Bad analogy. A vaccine is not inevitable. Sending bits between computers is.

I doubt the president has anything to do with this at all. Reminds me of this: https://tylervigen.com/old-version.html Obama took office in 2008 gave him a great starting point for increases and the fact that GW took office in 2000 was pretty bad luck. Reagan and Clinton got lucky with their timing as well, Reagan right after a decade of stagnation and Clinton right at the start of the internet boom. None of these things have anything to do with the men elected president though (algore's claims of inventing the internet aside, of course). Fact checking. www.businessinsider.com/al-gore-invent-internet-misunderstanding-2015-11 www.wired.com/2000/10/the-mother-of-gores-invention/ LOL, ok so he didn't "invent" it, he "created" it. Mankind owes him a tremendous debt of gratitude regardless, for that and for saving New York from being underwater by 2014. How many times can one man save the world? IDK, ask the Donald. Sorry Doo, did I forget to say "Orangeman bad"? I know that is the proper thing to say in any political discussion these days or someone will quickly reply with "yes, well, but what about Trump?!!!!". EDIT: Silly me, I forgot again. Orangeman Bad!

I doubt the president has anything to do with this at all. Reminds me of this: https://tylervigen.com/old-version.html Obama took office in 2008 gave him a great starting point for increases and the fact that GW took office in 2000 was pretty bad luck. Reagan and Clinton got lucky with their timing as well, Reagan right after a decade of stagnation and Clinton right at the start of the internet boom. None of these things have anything to do with the men elected president though (algore's claims of inventing the internet aside, of course). Fact checking. www.businessinsider.com/al-gore-invent-internet-misunderstanding-2015-11 www.wired.com/2000/10/the-mother-of-gores-invention/ LOL, ok so he didn't "invent" it, he "created" it. Mankind owes him a tremendous debt of gratitude regardless, for that and for saving New York from being underwater by 2014. How many times can one man save the world? Snopes: The claim that Gore was actually trying to take credit for the “invention” of the Internet was plainly just derisive political posturing that arose out of a close presidential campaign. If, for example, Dwight Eisenhower had said in the mid-1960s that he, while president, “took the initiative in creating the Interstate Highway System,” he would not have been the subject of dozens and dozens of editorials lampooning him for claiming he “invented” the concept of highways or implying that he personally went out and dug ditches across the country to help build the roadway. Everyone would have understood that Eisenhower meant he was a driving force behind the legislation that created the highway system, and this was the very same concept Al Gore was expressing about himself with interview remarks about the Internet. https://www.snopes.com/fact-check/internet-of-lies/ Sorry but the internet was inevitable ever since the integrated circuit was invented, or at least since the first microcomputer was fabbed at Intel. Once you have computers the next logical step is to connect them together. For a politician to say that he "took the initiative to create the internet" is just evidence of a narcissistic personality disorder with delusions of grandeur.

I doubt the president has anything to do with this at all. Reminds me of this: https://tylervigen.com/old-version.html Obama took office in 2008 gave him a great starting point for increases and the fact that GW took office in 2000 was pretty bad luck. Reagan and Clinton got lucky with their timing as well, Reagan right after a decade of stagnation and Clinton right at the start of the internet boom. None of these things have anything to do with the men elected president though (algore's claims of inventing the internet aside, of course). Fact checking. www.businessinsider.com/al-gore-invent-internet-misunderstanding-2015-11 www.wired.com/2000/10/the-mother-of-gores-invention/ LOL, ok so he didn't "invent" it, he "created" it. Mankind owes him a tremendous debt of gratitude regardless, for that and for saving New York from being underwater by 2014. How many times can one man save the world?

I doubt the president has anything to do with this at all. Reminds me of this: https://tylervigen.com/old-version.html Obama took office in 2008 gave him a great starting point for increases and the fact that GW took office in 2000 was pretty bad luck. Reagan and Clinton got lucky with their timing as well, Reagan right after a decade of stagnation and Clinton right at the start of the internet boom. None of these things have anything to do with the men elected president though (algore's claims of inventing the internet aside, of course).

You might want to buy this one too before we get there. Dow 36,000: The New Strategy for Profiting from the Coming Rise in the Stock Market Hardcover – September 20, 1999 https://smile.amazon.com/Dow-36-000-Strategy-Profiting/dp/0812931459

Dow, 30,000 by 2008" Why It's Different This Time https://smile.amazon.com/Dow-2008-Different-This-Time/dp/1893958701