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Everything posted by rkbabang
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I wonder if the legalization of pot has taken some market share away from booze as well as some younger people avoiding alcohol altogether. That said I've been looking into ABEV, but haven't pulled the trigger yet. Does anyone know if younger people are drinking less alcohol in South America too or is that just a US trend?
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I Need a Laugh. Tell me a Joke. Keep em PC.
rkbabang replied to doughishere's topic in General Discussion
Make sure you buy 20 loafs of bread and at least 17 Gallons of milk. -
^ This. I've been fully invested since 1996. I've pretty much never had more than 5% cash and usually less than 2%. I got pretty much wiped out in 2000 because I was young and stupid and invested almost 100% in tech stocks. I learned a few things after that. I was actually in the green in 2006 and 2007, while everyone else was having a bad year or two. If you invest what everyone else is invested in your returns will be like everyone else's, if you invest elsewhere your returns will be different from the macro (one way or the other). Don't follow the herd. Don't put all your eggs in 1 basket, and don't be afraid to go outside of the box. By 1 basket, I don't just mean 1 company, I mean one style of investing, 1 type of company, 1 strategy. Don't build yourself a box to begin with. But yes, stay fully invested for 30-50+ years putting as much money as you can in along the way and you will be wealthy.
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Carter wasn't the best president, but he gets a worst rap than he deserves. Nixon was without a doubt the worst president of my lifetime with his price controls and untying the dollar completely from gold he has caused more long term damage to the country than anyone since FDR or Wilson earlier in the 20th century. Look at every economically relevant chart and everything takes a turn for the worse in 1971.
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I don't even know how that is an honor? Shut down the market? An honor would be allowing it to be open on a Sunday, not closing down human trade on a Thursday.
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BTC. A market they can't close on a nonsensical whim.
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My portfolio is mostly the same names as when I posted a year ago (https://thecobf.com/forum/topic/20512-share-your-portfolio-2024/page/2/#findComment-546304). I haven't done much selling this year, so I've just incrementally been adding to positions. The main differences are MSTR and BTC going way up and JOE going down (even though I own more shares than I did a year ago). First chart is stocks only and second one is including crypto and real estate.
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That's great that you are starting so young. I have to say that you do look quite a bit older than 22 though.
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I found this in my email from February of 2008. I'm not sure if this was when I first joined or if this was a move from one location to another. I remember the board changing locations twice I think.
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52 yr old Engineer. I was about 35 when I first joined this board.
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He bought 11 today instead of 1. Not quite a 1.4B limit order, but more than usual.
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Would be hilarious if he used the loan to buy Bitcoin.
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Yeah, they'll spend 30B and not put anything in orbit.
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And the complete lack of any real competition is astounding. The European Union's IRIS² satellite internet constellation will have less than 3% of Starlink's satellites, be more than 10X slower, cost €11B (if it stays on budget, but LOL, it won't), and not be in service until the 2030s (if it stays on schedule, but of course it won't).
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Movies and TV shows (general recommendation thread)
rkbabang replied to Liberty's topic in General Discussion
Finished “The Kings of Tupelo: A Southern Crime Saga” on Netflix. It’s a crazy story with crazy people. Of course it is a documentary, because fiction needs to be credible. Recommended. -
I think your chart suggests that his friend will hit it in 2029 when it briefly goes near the purple line. It is likely to approach the purple line in late 2025 then again in late 2029.
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According to this: https://www.coinglass.com/Balance there are about 2.25M Bitcoins on all of the exchanges. That of course could change in either direction. But yes, not all 21M Bitcoin exist yet. Only 19.8M have been mined so far and at least 2M have most likely been lost forever (maybe more, maybe a lot more).
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It’s pretty well established that there is some number of Bitcoins which have been lost and probably shouldn’t be counted. Estimates for lost Bitcoin range from 2-6M. So at $1B market cap will only be 15-19 Quadrillion. I’m a lot more confident that I’ll live to see Bitcoin $10M-$50M than I am $1B. $1B is pretty optimistic.
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Maybe you should create "toppy coin" and make some money. You could market it as cashing in on the top of the memecoin market. This could work.
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Assassin Luigi's goodreads review of the Unabomber's Manifesto. He endorses the use of violence multiple times. "When all other forms of communication fail, violence is necessary to survive. You may not like his methods, but to see things from his perspective, it's not terrorism, it's war and revolution." "Peaceful protest is outright ignored, economic protest isn't possible in the current system, so how long until we recognize that violence against those who lead us to such destruction is justified as self-defense." "These companies don't care about you, or your kids, or your grandkids. They have zero qualms about burning down the planet for a buck, so why should we have any qualms about burning them down to survive?" https://www.goodreads.com/review/show/4065667863
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So it turns out the assassin's name is Luigi. How will this effect $NTDOY?
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I played with a bunch of different coins back in 2014-2015. I don't remember all of them and I'm sure I've lost some wallets with stuff in them forever. A few years ago I was going through some of my papers in my house and I found a print out of an ETH wallet address public and private. I scanned the public qr code to check on it and it has 122 ETH from 2015 in it. I had no recollection of having that wallet at all. I still wonder what else I forgot about or lost forever from that time-frame. That paper could have easily have been discarded by mistake.
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Just a reminder to not put your life's savings into a memecoin started by a memegirl famous for saying funny things about oral sex while drunk. Otherwise you'll end up saying things like "I am a huge fan of Hawk Tuah but you took my life savings."
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Unless they can get him to plea for a reduced sentence or something. I have a feeling they will try very hard to get him to accept a plea deal if this is a "lost a family member" type of thing. They will not want a trial.
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Agreed. It's funny how much joy you see on left-wing twitter about this assassination when it's pretty much government regulations that these people support that have done this to our healthcare system. I don't see anyone advocating ending the tie of health insurance to employment. Or deregulating this crazy system they've created which gets worse every year. Everything insurers do they have to do to work in this insane system.
