KGB
Footballguy
I vote DOWN. $25 lowPlace your bets!
RDDT is about $50
in 6 months. do you think up or down?
I remember facebook was quite a split decision!
I vote DOWN. $25 lowPlace your bets!
RDDT is about $50
in 6 months. do you think up or down?
I remember facebook was quite a split decision!
Place your bets!
RDDT is about $50
in 6 months. do you think up or down?
I remember facebook was quite a split decision.
We are getting at least one.......two max is best case scenario.Nice inflation tantrum going on this morning. The way this is going I wouldn't be surprised at 0 rate cuts this year.
Considering I'm trying to buy more fixed rate instruments (CDs, treasuries) I wouldn't be unhappy with that. As noted above I bought a bit of a CEF that should do well in a degrading interest environment. I can't think of anything else that really kicks off during these kind of times. Maybe housing stocks (therefore maybe timber). Otherwise just try and lock in some high rate stuff and collect interest.We are getting at least one.......two max is best case scenario.Nice inflation tantrum going on this morning. The way this is going I wouldn't be surprised at 0 rate cuts this year.
I think IMO you do one .50 in September and that's it for at least another 2 quarters. See how the data plays out after 6 months.
But most likely they will do one .25 cut in September and done for 2024.
And quite frankly that's fine for now.
Bought more $mstr today. Now sitting on 101 shares.
Wow. Nice ceBought more $mstr today. Now sitting on 101 shares.
What is your opinion on how to best take advantage? just buy BTC? fund? BTC is at its highest. personally, I think ETH is the next wave.Regarding $mstr, bitcoin miners (I own $mara, $hut, and $wulf), and bitcoin etfs (own $ibit)...
The supply crunch I've been yapping about for a decade now finally seems to be playing out and seems undeniable at this point in time.
Right now, the only thing allowing supply to keep up with demand are the outflows of $gbtc. With their fees now 6x the industry standard it makes no sense to leave money in there. The fund is currently bleeding around 5,000 btc a day which are being sold on coinbase.
After today there are about 330,000 btc left sitting in $gbtc. When those dry up in the next 6 months the price will have no choice but to go hyperbolic. There simply won't be any bitcoin to buy.
Daily etf flows can be monitored here:
Bitcoin ETF Flow – Farside Investors
farside.co.uk
The first true supply squeeze at these funding rates will be a ride for the ages...
You very well could be right. ETH has 12x since the last time I decided I didnt like it. Lol. Its just a slightly different concept from the ground up and Ive never quite wrapped my head around it. My caveman understanding of it is that ETH isnt finite like bitcoin, but its more capable and layered as far as actual use. Gas fees for ETH have always blew my mind. I gotta stay in my bitcoin lane and say btc.What is your opinion on how to best take advantage? just buy BTC? fund? BTC is at its highest. personally, I think ETH is the next wave.Regarding $mstr, bitcoin miners (I own $mara, $hut, and $wulf), and bitcoin etfs (own $ibit)...
The supply crunch I've been yapping about for a decade now finally seems to be playing out and seems undeniable at this point in time.
Right now, the only thing allowing supply to keep up with demand are the outflows of $gbtc. With their fees now 6x the industry standard it makes no sense to leave money in there. The fund is currently bleeding around 5,000 btc a day which are being sold on coinbase.
After today there are about 330,000 btc left sitting in $gbtc. When those dry up in the next 6 months the price will have no choice but to go hyperbolic. There simply won't be any bitcoin to buy.
Daily etf flows can be monitored here:
Bitcoin ETF Flow – Farside Investors
farside.co.uk
The first true supply squeeze at these funding rates will be a ride for the ages...
Current prices.....
BTC - 66,815.00USD
ETH - 3,489.13USD
I think ETH doubles before BTC from here.....
Right now my money is in PUTing DWT and RDDTDone with my hijack rambling. One last thought....
At this point in history it is insane for even the most conservative portfolio not to have 3% in a bitcoin etf.
What is your opinion on how to best take advantage? just buy BTC? fund? BTC is at its highest. personally, I think ETH is the next wave.
Done with my hijack rambling. One last thought....
At this point in history it is insane for even the most conservative portfolio not to have 3% in a bitcoin etf.
Find a Michael Saylor interview. He's smarter than me.Done with my hijack rambling. One last thought....
At this point in history it is insane for even the most conservative portfolio not to have 3% in a bitcoin etf.
I'm probably an old guy. Because I don't understand any use for Crypto other than speculation.
It doesn't lend itself for use as currency because the value swings wildly and it's of course difficult to use.
But even if they fix the utility I don't want to go to the grocery store and bananas are 3 units of insert crypto currency and by the time I get to the checkout they cost 5.
What am I missing does it have an actual use currently or likely in the future? Or is it just speculation where we have to hope it keeps going up forever tied to nothing?
Tesla getting smoked. 1st Q deliveries way down, even lower than the most bearish estimates.
Tesla getting smoked. 1st Q deliveries way down, even lower than the most bearish estimates.
I honestly feel the demand for EV's was always overestimated. Too much "range/charging uncertainty" for many folks. So the people who really want them have them, and until those negatives are addressed, the rest of us will wait.
Tesla getting smoked. 1st Q deliveries way down, even lower than the most bearish estimates.
I honestly feel the demand for EV's was always overestimated. Too much "range/charging uncertainty" for many folks. So the people who really want them have them, and until those negatives are addressed, the rest of us will wait.
A Barron's podcast had a similar take. Early adopters got theirs, there's no growth left in that segment. The next wave of buyers see very expensive cars that are costly to insure and repair, and would rather buy hybrids to save money. They're not willing or able to pay so much extra to feel a little good about the environment.
I'd take a guess, but don't want another temporary vacation.Who peed in Mr. Market's Cheerios this morning?
I think Gold and Real Estate are good answers. I've been looking at buying a property but no luck yet (I'm hunting via houses going to auction under foreclosure--follow me in another thread!). My hunch is that, in the short term, interest rates fall a bit, maybe twice this year, and the pent up demand will send home prices strongly upward. I think it is also a long-term hedge as a tangible product. Gold is the obvious answer. Honestly, if the national debt gets so far out of hand that we're looking at ways to capitalize on investments, we're missing the big picture. It'd be ugly. And i do not think this becomes a meaningful mover of markets for decades. Countries can live with high debt ratios for a long time.If US debt is/becomes an existential crisis, what happens when the snowball starts rolling? And how best to protect against it (don't tell me BTC, @hooter311 )?
HUM trading sub $300, cheaper than it's been in four years.If for some shares of RDDT at $45. Eyeballing HUM which is getting pummeled to multi-year lows before the open. May open a sliver of a position.
UWMC getting smoked last couple of days. Might be a good entry point.
Range issues are way overblown. Personally I'm fine with people watching their B&W TVs while I enjoy my 4K QLED.Tesla getting smoked. 1st Q deliveries way down, even lower than the most bearish estimates.
I honestly feel the demand for EV's was always overestimated. Too much "range/charging uncertainty" for many folks. So the people who really want them have them, and until those negatives are addressed, the rest of us will wait.
Might have a small bump in the roadRegarding $mstr, bitcoin miners (I own $mara, $hut, and $wulf), and bitcoin etfs (own $ibit)...
The supply crunch I've been yapping about for a decade now finally seems to be playing out and seems undeniable at this point in time.
Right now, the only thing allowing supply to keep up with demand are the outflows of $gbtc. With their fees now 6x the industry standard it makes no sense to leave money in there. The fund is currently bleeding around 5,000 btc a day which are being sold on coinbase.
After today there are about 330,000 btc left sitting in $gbtc. When those dry up in the next 6 months the price will have no choice but to go hyperbolic. There simply won't be any bitcoin to buy.
Daily etf flows can be monitored here:
Bitcoin ETF Flow – Farside Investors
farside.co.uk
As long as $gbtc is depleting and the rest are increasing it really doesnt matter what the price does between now and then, its just a matter of time. The speculators are playing billions in futures instead of actual bitcoin and thats what causes the bumping ride. The gaps fill fast.
The first true supply squeeze at these funding rates will be a ride for the ages...
I'm not talking about capitalizing. I'm talking about protecting. If the Treasury market ####s the bed, then what...?I think Gold and Real Estate are good answers. I've been looking at buying a property but no luck yet (I'm hunting via houses going to auction under foreclosure--follow me in another thread!). My hunch is that, in the short term, interest rates fall a bit, maybe twice this year, and the pent up demand will send home prices strongly upward. I think it is also a long-term hedge as a tangible product. Gold is the obvious answer. Honestly, if the national debt gets so far out of hand that we're looking at ways to capitalize on investments, we're missing the big picture. It'd be ugly. And i do not think this becomes a meaningful mover of markets for decades. Countries can live with high debt ratios for a long time.If US debt is/becomes an existential crisis, what happens when the snowball starts rolling? And how best to protect against it (don't tell me BTC, @hooter311 )?
I was just playing.Might have a small bump in the roadRegarding $mstr, bitcoin miners (I own $mara, $hut, and $wulf), and bitcoin etfs (own $ibit)...
The supply crunch I've been yapping about for a decade now finally seems to be playing out and seems undeniable at this point in time.
Right now, the only thing allowing supply to keep up with demand are the outflows of $gbtc. With their fees now 6x the industry standard it makes no sense to leave money in there. The fund is currently bleeding around 5,000 btc a day which are being sold on coinbase.
After today there are about 330,000 btc left sitting in $gbtc. When those dry up in the next 6 months the price will have no choice but to go hyperbolic. There simply won't be any bitcoin to buy.
Daily etf flows can be monitored here:
Bitcoin ETF Flow – Farside Investors
farside.co.uk
As long as $gbtc is depleting and the rest are increasing it really doesnt matter what the price does between now and then, its just a matter of time. The speculators are playing billions in futures instead of actual bitcoin and thats what causes the bumping ride. The gaps fill fast.
The first true supply squeeze at these funding rates will be a ride for the ages...
My comment earlier wasn't a slam on BTC. I'm just not looking to add atm.
Love stacking me some physical silver. Paper manipulates the market down. You can't tell me we wont see $50 oz silver before I die.I'm not talking about capitalizing. I'm talking about protecting. If the Treasury market ####s the bed, then what...?I think Gold and Real Estate are good answers. I've been looking at buying a property but no luck yet (I'm hunting via houses going to auction under foreclosure--follow me in another thread!). My hunch is that, in the short term, interest rates fall a bit, maybe twice this year, and the pent up demand will send home prices strongly upward. I think it is also a long-term hedge as a tangible product. Gold is the obvious answer. Honestly, if the national debt gets so far out of hand that we're looking at ways to capitalize on investments, we're missing the big picture. It'd be ugly. And i do not think this becomes a meaningful mover of markets for decades. Countries can live with high debt ratios for a long time.If US debt is/becomes an existential crisis, what happens when the snowball starts rolling? And how best to protect against it (don't tell me BTC, @hooter311 )?
Putting 25% in Swiss Francs and storing them in an old dog bed tomorrow.
A dumb version would be more helpful to me. Does it have any use? It probably does. I just don't know what.Find a Michael Saylor interview. He's smarter than me.Done with my hijack rambling. One last thought....
At this point in history it is insane for even the most conservative portfolio not to have 3% in a bitcoin etf.
I'm probably an old guy. Because I don't understand any use for Crypto other than speculation.
It doesn't lend itself for use as currency because the value swings wildly and it's of course difficult to use.
But even if they fix the utility I don't want to go to the grocery store and bananas are 3 units of insert crypto currency and by the time I get to the checkout they cost 5.
What am I missing does it have an actual use currently or likely in the future? Or is it just speculation where we have to hope it keeps going up forever tied to nothing?
A dumb version would be more helpful to me. Does it have any use? It probably does. I just don't know what.Find a Michael Saylor interview. He's smarter than me.Done with my hijack rambling. One last thought....
At this point in history it is insane for even the most conservative portfolio not to have 3% in a bitcoin etf.
I'm probably an old guy. Because I don't understand any use for Crypto other than speculation.
It doesn't lend itself for use as currency because the value swings wildly and it's of course difficult to use.
But even if they fix the utility I don't want to go to the grocery store and bananas are 3 units of insert crypto currency and by the time I get to the checkout they cost 5.
What am I missing does it have an actual use currently or likely in the future? Or is it just speculation where we have to hope it keeps going up forever tied to nothing?
Is Blockchain separate from crypto or somehow owned by crypto? Serious questions here I own a small amount of crypto but I have never been able to understand it's use if any. Blockchain seems positive (although I still don't know what it is although I appreciate the dumbed down version it's still not quite registering) but does it being bigger/used more/better (whatever applies) make crypto more valuable?A dumb version would be more helpful to me. Does it have any use? It probably does. I just don't know what.Find a Michael Saylor interview. He's smarter than me.Done with my hijack rambling. One last thought....
At this point in history it is insane for even the most conservative portfolio not to have 3% in a bitcoin etf.
I'm probably an old guy. Because I don't understand any use for Crypto other than speculation.
It doesn't lend itself for use as currency because the value swings wildly and it's of course difficult to use.
But even if they fix the utility I don't want to go to the grocery store and bananas are 3 units of insert crypto currency and by the time I get to the checkout they cost 5.
What am I missing does it have an actual use currently or likely in the future? Or is it just speculation where we have to hope it keeps going up forever tied to nothing?
Store of wealth?
Blockchain is the most infallible financial instrument ever created. It is the the future of everything money related.
Bitcoin is the first finite resource tied to blockchain technology.
Now when we look forward 10+ years I think something more efficient eventually takes it's place. No idea what that is right now, but it will be some form of blockchain.
And a dumbed down definition of blockchain would be "a giant open source ledger audited a billion times over", basically the word of the lord.
Berkshire is only buying SIRI as a merger arbitrage (Liberty Sirius XM, who already owns like 85% of them is buying the rest) play. I only know this because I looked into a while back when I saw Berkshire buying it and wanted to know why they’d invest in that turd. So, if you want to figure out the arbitrage angle (I don’t) then go for it.Saw where Buffett added some SIRI, any other buyers here?
The Market is definitely taking a breather.....I mean it was down what 1% yesterday basically?@Todem Will stonks keep going down this week? Banks can’t report Q1 numbers fast enough, please stop the bleeding!!!!!!1!!!
Range issues are way overblown. Personally I'm fine with people watching their B&W TVs while I enjoy my 4K QLED.Tesla getting smoked. 1st Q deliveries way down, even lower than the most bearish estimates.
I honestly feel the demand for EV's was always overestimated. Too much "range/charging uncertainty" for many folks. So the people who really want them have them, and until those negatives are addressed, the rest of us will wait.
Have never invested and probably will never invest in an EV maker*. Made a few bucks shorting Tesla when it was overheated, but I realized that was a fool's errand. But I don't invest in legacy carmakers either, so nothing new there.Range issues are way overblown. Personally I'm fine with people watching their B&W TVs while I enjoy my 4K QLED.Tesla getting smoked. 1st Q deliveries way down, even lower than the most bearish estimates.
I honestly feel the demand for EV's was always overestimated. Too much "range/charging uncertainty" for many folks. So the people who really want them have them, and until those negatives are addressed, the rest of us will wait.
It's definitely not overblown, especially in the macro context of public perception and investing.
Range is a legit concern that won't go away until recharging is as easy/fast/thoughtless as getting gas. And it's not remotely close to that. Like it or not, until we can pull off nearly any exit and charge up in ten minutes and be on our way, it'll be an issue. The tv comparison is not valid here - upgrading to color did not change my tv watching habits one bit. Getting an EV and going on a long trip... now it's different, and I have to factor in A) where to recharge, because I can't assume nearly every exit has charging stations and B) how long I have to budget for it timewise. Those are massive roadblocks to full on mainstream acceptance, no matter how much current owners say they do just fine with it.
Although I don't own one, I'm on your side here. I truly want EV's to succeed, and I hope they solve this issue. And I think they will eventually. But until then, I see it as a not-great investment, mostly because EV stocks seem to be priced at a level that assumes mainstream acceptance right now.
Yeah, corrections are healthy and buying opportunities.I wouldn't mind a big fat dip to load up some more blue chip stonks / index funds. It still seems really high to me here.@Todem Will stonks keep going down this week? Banks can’t report Q1 numbers fast enough, please stop the bleeding!!!!!!1!!!
Let me just chime in here since my work crosses paths with infrastructure in a lot of ways. There's a lot of infrastructure investment taking place right now, such as with grid hardening and modernization. A lot. There's also investment being made in EV's. I recently helped win two EPA grants (one here in AZ, one in WA) for about $27,000,000 total for schools to swap out old diesel buses for EV buses. Part of the application process was ensuring these schools had conversations with their utility so they can learn what type of charging infrastructure they would need to install to support the buses, and this infrastructure was then built into the grant. There's also a series of grants aimed towards state and local governments to support the buildout of charging infrastructure for personal vehicles (which is what we're mainly talking about) but I haven't worked on those directly yet. The point is there is a lot of investment being made, it's just not being publicized the way it probably should be. I agree that wasn't always the case, but it's turning around.so I doubt we're going to see the serious investments other countries have made into EV infrastructure