Cardboard
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Do you think Bitcoin is a safe store of value?
Cardboard replied to mikazo's topic in General Discussion
Angry about what Rkbabang? Want to see real money making? Have a look at this chart from $0.20: http://www.stockwatch.com/Quote/Detail.aspx?symbol=N®ion=C Do I think it is some kind of long term hold? Hell no! Cardboard -
Do you think Bitcoin is a safe store of value?
Cardboard replied to mikazo's topic in General Discussion
We should be about to hear a lot about the growth of M1, M2 and M3... LOL! Here is the proper website for you Bitcoins lovers: http://www.gold-eagle.com/ Cardboard -
Do you think Bitcoin is a safe store of value?
Cardboard replied to mikazo's topic in General Discussion
"I disagree, and am actually heartened by the bears' outnumbering bulls so vastly ( and by their general vitriol)." Another fine piece of logic: if more people are skeptical then it must be a good investment. Gotta love it! Cardboard -
Do you think Bitcoin is a safe store of value?
Cardboard replied to mikazo's topic in General Discussion
I find interesting the comparison to gold and that somehow it will be a competitor. So it should be mostly a zero sum game amongst people who already fear the collapse of the dollar and the government taking over, no? By the way, how many of you who own bitcoins have ever held physical gold? As one who did, I can tell you that I never felt the frustration of not being able to access my account. You do fear at time being stolen but, that is it. My brokerage account is down currently or the same kind of crap that some bitcoins owners have experienced recently. This is not how you build a sense of security around an asset that should be there when you need it most. Nah. The real reason that people talk about bitcoins right now is that returns have been phenomenal this year and nothing else. Go back to 2015 or 2016 and try to look up how many posts on bitcoins on this website during that time period? How many trying to justify bitcoins as a new asset, certain to become a store of value? Where were these thesis that we hear now? Cardboard -
The Intelligent Investor, The Most Important Thing, One Up on Wall Street, and Common Stocks and Uncommon Profits. Cardboard
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Has anyone been to a launch in Florida? Is this worth it? Thinking to combine along with a visit of the Kennedy Space Center on Jan 4. Merry Christmas fellows! Cardboard
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Do you think Bitcoin is a safe store of value?
Cardboard replied to mikazo's topic in General Discussion
You better have a very strong stomach and understanding if you are involved in this. Almost 4 years ago, a stripper asked me about Bitcoins after the DJ had told her that this would be hot! At the time, Bitcoin was just entering a brutal bear market, after a spectacular parabolic up move, that would make it nearly vanish from the scene. No pun intended!!! Now this year, the thing got publicity again as it moved from around $1,000 to near $20,000. Were you invested in 2014 to live through that bear? Are you prepared for say 3 years of potential underperformance? These are questions that one should be able to answer even if they have a strong thesis because whether you like it or not, most now involved in this have no clue and their reaction will be based only on two things which will translate into supply and demand: fear and greed. Cardboard -
Wait when Trump or George W. rank first. Liberty will delete that post in a second. LOL! Cardboard
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Do you think Bitcoin is a safe store of value?
Cardboard replied to mikazo's topic in General Discussion
"An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return. Operations not meeting these requirements are speculative." — Ben Graham" Cardboard -
Do you think Bitcoin is a safe store of value?
Cardboard replied to mikazo's topic in General Discussion
It is clearly laid out in every General Tax Guide every year and also in the capital gains schedule. There is also a clear heading at the 2nd page of your tax return about holding more than $100,000 overseas. You don't do your taxes yourself nor read what you sign? So no, you don't have to review the tax code... ::) Cardboard -
Nice talking with you Kab60. I appreciate you discussing the issues seriously with rationality. Cardboard
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Germany on the other hand appears desperate for storage: https://www.cnbc.com/amp/2017/11/17/heres-why-coal-mines-could-be-crucial-cogs-in-the-transition-to-renewables.html So they will need very large pumping systems, turbines with generators, gates/conduits, transformers/power lines, something to prevent this contaminated water with coal to reach their already low source of drinking water and lose minimum 50% of the energy pumping the water up due pump efficiency, pipe friction, then down with turbine efficiency, etc. Right now I am thinking that geothermal overall would be simpler and more efficient. Even my solar/hydrogen photosynthesis is simpler and as efficient if not better. Sounds like a case of a government/country that went nuts after supply from wind and other renewables without a plan or what I am warning about. Cardboard
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41% of total... Considering that population growth and energy demand is not going up that dramatically what did the country do to keep sufficient intermittent supply which was very likely in place prior. Cardboard
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Not really. If the numbers that you are presenting are so compelling then growth or penetration as you call it should bring it to a meaningful percentage quickly: years not decades. If that is the case, then you cannot simply expect other providers to keep spare capacity idle for night use or when there is no sun. The grid already had its supply, so this is all excess capacity. So either you develop storage or you pay gas-fired producers, hydro, nuclear or others a reasonable rate of return on their capital for providing a buffer. This could mean having to go back to regulated utilities. In any case, there is a cost to add to solar for storage or spare capacity. Cardboard
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Once more a piece conveniently ignoring storage costs. Cardboard
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FNMA and FMCC preferreds. In search of the elusive 10 bagger.
Cardboard replied to twacowfca's topic in General Discussion
For all of you Mnuchin fans, here you go. http://i2.cdn.turner.com/money/dam/assets/171115144720-louise-linton-steven-mnuchin-currency-780x439.jpg Don't you think that he has got better to do than thinking of Fannie Mae? LOL! Cardboard -
Dumbdee - The Goodmans, The Bad & The Ugly - 30% of NAV bargain?
Cardboard replied to sculpin's topic in General Discussion
Pretty cheap stock here with the family finally getting its act together. Many issues have been solved including the debt at HQ, lower costs, United Hydrocarbon deal closed and Parq operating. Blue Goose/Tender Choice was a negative today but, at least they are moving quickly to fix it. I would say it is an improvement over previous behavior. Cardboard -
Yup, CONA is a largely undervalued, well managed Canadian oil & gas company. It is one of the very few smaller firms generating substantially more cash flow than they need to maintain production. The numbers yesterday were pretty good in my view. Impressive netbacks actually for heavy oil. However, it seems that someone was betting the day before of a take-out or something like that and it did not happen. Cardboard
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The oil sands or any nuclear facility looks miles better than this: http://www.bbc.com/future/story/20150402-the-worst-place-on-earth A lot of people on this website need re-education after a massive amount of brainwashing. Hopefully that after reading some of what I post they will be more critical of what they hear? Some of them now even hate hydro... How far did the brainwashing go? Cardboard
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"Don't forget the trillions spent on the military to protect oil routes and prop up terrible regimes that keep the oil flowing... And often crumble into costly civil wars and fund terrorist groups that then cost money, suffering and liberties to everyone.." Sure... http://www.visualcapitalist.com/cobalt-precarious-supply-chain/ Cardboard
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"I think it's a pretty good bet that politicians get their shit together." "It's also a good case study of where government subsidies have worked to spur demand/investment, to the point where the technology is cost competitive." LOL! So you are continuing to wait for your government? PowerWalls and solar panels are available for your house right now. What is the issue? Cardboard
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"And I never "target" Cardboard, he just follows me around with his off-topic personal attacks." 8,883 posts at current count... Wow! Seems like that I have a lot of catch-up to do to follow you around. :o The problem with some individuals on this site, is the constant need to argue endlessly or to win every battle. Put down others to valorize yourself? Evidence of suffering from an inferiority complex? It is actually quite funny that the same individuals who are bashing Trump, again endlessly, are displaying the exact same attitude. The only difference is that they tell you to go ... yourself or that you are an idiot or moron in a politically correct fashion. I think it is time for some on this site to fight back this abuse. Anyway, regarding hydrogen, I will let the scientists do their things and develop fusion and smarter ways to extract it which I firmly believe will revolutionize some of the current thinking. Also funny that scientists who are gods when it comes to climate change analysis, are ignored when they work on new science that does not fit a narrative, or current incentives/investments. Cardboard
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I guess that scientists at the University of Cambridge and Stanford have like me a superficial understanding of the field. They are definitely wasting their time... https://cleantechnica.com/2017/03/20/new-technique-uses-solar-energy-make-hydrogen-biomass-room-temperature/ https://www.technologyreview.com/s/521671/cheap-hydrogen-from-sunlight-and-water/ Might as well rely on genius Liberty who whines all day about Canadian housing cost. Likely because he is still in his parents basement now raising two kids? Cardboard
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It does not fit your model doesn`t? Sure, pure hydrogen needs to be separated from other elements with the most common being water or H2O. But, to say that hydrogen itself is not energy is dumb. One can say the exact same about fossil fuels. Fossil fuels only produce energy once they are forced to enter into a chemical reaction with oxygen called combustion. And to extract fossil fuels, you need to spend money just like you would need to "extract" pure hydrogen from molecules. My suggestion to you who is gung ho about existing technologies and obviously close minded to learn stuff that does not fit your model, would be to read a bit about new processes to extract hydrogen straight from a solar panel without electrolysis. The key is the catalyst/compound and they are closing in. Regarding distribution, we already know how to distribute gases such as propane, butane, natural gas, etc. Funny that people are scared of hydrogen (because of the Hindenberg?) but, have these tanks filled with explosive fuels/gases sitting all over their properties. And we already have the vehicles with the proper combustion system to make it work. So no need for polluting batteries, rare earth materials, cobalt, silver, etc. Cardboard
