Stocks

[crzdcolombian]

I did not expect that at all, especially from you brehme lol I suppose fuck it. Might do the same. Though crypto feels like one big scam at the minute. There'll be a new coin out next week everyone will be talking about

I mean the GameStop thing was funny

Doggie coin and crypto currency is a huge huge Ponzi scheme. Like if you get in early awesome but don’t want to get caught holding the bag.

I have friends that made huge money on doggie coin. Think it’s just one of those things you get in early

 

[brehme1989]

It has all the properties of a scam, yes.

Shiba's are too cute to ignore, though.

 

[brakbrak]

Yea im so done with crypto. Put in around 4k in the peak of last bull cycle, can't remember if it was 2017 or 2018 and in the beginning of this year it went down to 300 lol. I just put all of them in ethereum and it's now 1400. I'm just gonna let it ride, not adding in or taking anything out.

 

[Doffy]

Hm, perhaps in the future when Quantum computing becomes mainstream they will be able to hack into people's bitcoin account.

Thing is I heard about bitcoin from early on, via tor and the darkweb. . Im not a pedophile. I just was a bored unemployed kid with not enough cashflow. To bad I had no money. I would have invested in that shit. Cant believe how big it has become and the established media is low key pushing it as well.

 

[Harpsabu]

Hm, perhaps in the future when Quantum computing becomes mainstream they will be able to hack into people's bitcoin account.

Thing is I heard about bitcoin from early on, via tor and the darkweb. . Im not a pedophile. I just was a bored unemployed poor dude. To bad I had no money. I would have invested in that shit. Cant believe how big it has become and the established media is low key pushing it as well.

"I'm not a pedophile" Hahahah. Random but funny.

Fuck it. Crzd I'm still holding GME and I just bought £100 dogecoin, fuck it. Not worried about losing it.
Brakbrak, that's crazy man, 4k!!! Ethereum will keep rising and rising though it seems so hopefully get it back

 

[brehme1989]

Ethereum feels like the most legit of all this crap.

 

[brakbrak]

"I'm not a pedophile" Hahahah. Random but funny.

Fuck it. Crzd I'm still holding GME and I just bought £100 dogecoin, fuck it. Not worried about losing it.
Brakbrak, that's crazy man, 4k!!! Ethereum will keep rising and rising though it seems so hopefully get it back

Yea lol it was FOMO and nothing else. Good thing is from there I learned that the fastest way to burn your money isn't by drinking, its by fomoing into hype stock or crypto in general. Tbf I was ready to lose them all but seeing it drop by half after a week was painful. Hopefully ethereum goes to 12k so I can breakeven

Lots of apes in wsb still think the squeeze hasn't been squoze yet so good luck on your gme shares. But from what I observe in the past year (not that I know what I'm doing, still got long way to learn), smart money doesn't make the most money, it's the dumb and bold moves that make the most money

 

[brehme1989]

smart money doesn't make the most money, it's the dumb and bold moves that make the most money

The smartest thing to do is follow the dumb money before they make their move. Hopefully Shiba Inu is one of those genius moves There was this person who put $20 in it and now has $6,500,000...

My ~$120 got me 4 million of those beauties

Shiba Inu to $1 please

 

[brakbrak]

The smartest thing to do is follow the dumb money before they make their move. Hopefully Shiba Inu is one of those genius moves There was this person who put $20 in it and now has $6,500,000...

My ~$120 got me 4 million of those beauties

Shiba Inu to $1 please

Lol Shiba inu market cap is 10B already, I can't imagine it going to 1$ but good luck! Doge when at its highest it was around 90B

 

[Adriano@10]

LOL i wish i had the balls to invest into that fucking ponzi... I mean i regret not buying back in 2010 when i first heard of it, still convinced it s a ll a big fat ponzi though and it surely aint compatible with the whole climate movement.....

Anyways just as a tip remember that Binance usually does not let you cash out when there is blood in the streets also those BUSD are as unbacked as Tether is.Further more tether will have to prove its reserves to the NYAG o the 19th of may would not want to be holding cryptos then.
That being said i ve been wrong on Crypto for the last two years i really expected regulators to finally crack down on that shit but they just keep looking the other way and it might very well be that tether cant prove that their backed and the party still continues cause the bulls dont seem to give a fuck.
Back in 2017 even Pomp called tether a huge scam now he s defending it......

TLDR: fuck cryptos i rather stay poor then invest into that shit, also kudos to anybody who manages to make money of this and get out in time.

 

[brakbrak]

LOL i wish i had the balls to invest into that fucking ponzi... I mean i regret not buying back in 2010 when i first heard of it, still convinced it s a ll a big fat ponzi though and it surely aint compatible with the whole climate movement.....

Anyways just as a tip remember that Binance usually does not let you cash out when there is blood in the streets also those BUSD are as unbacked as Tether is.Further more tether will have to prove its reserves to the NYAG o the 19th of may would not want to be holding cryptos then.
That being said i ve been wrong on Crypto for the last two years i really expected regulators to finally crack down on that shit but they just keep looking the other way and it might very well be that tether cant prove that their backed and the party still continues cause the bulls dont seem to give a fuck.
Back in 2017 even Pomp called tether a huge scam now he s defending it......

TLDR: fuck cryptos i rather stay poor then invest into that shit, also kudos to anybody who manages to make money of this and get out in time.

Haha yea but would you have hodl btc that long? I know if I had gotten in btc I probably would have sold after it went 5 or 10x.

What do you think of this Chinese digital currency that they are testing? Do you think it will give crypto a good run on their money?

 

[brehme1989]

A friend had 4 bitcoins in 2011. He used it to buy weed

 

[Candreva Crosses]

A friend had 4 bitcoins in 2011. He used it to buy weed

This is the story of BTC.

 

[TheNetworkZ]

I've heard good things about Cardano. It's also a coin that has practical uses, so that's important. I might buy some and hold for 5-10 years.

 

[Adriano@10]

Haha yea but would you have hodl btc that long? I know if I had gotten in btc I probably would have sold after it went 5 or 10x.

What do you think of this Chinese digital currency that they are testing? Do you think it will give crypto a good run on their money?

Chances are i would have sold early or lost the wallet/password.....

Well if the chinese go through with their digital currency it would be a big hit to the crypto space imho. From what i read about the chinese project they basically want full control and knowledge on how and when their people spend their money as in according to sources they could devalue that china digital coin when ever they want to and even put expiry dates on it. That being said i take such rumours with a bit of skepticism as western media often gets wrong whats happening in china. That being said i do believe the CCP wants to know exactly when and where their people spend their money and i would think that they will probably outlaw the holding of other cryptos once a chinese digital currency is widely adopted.
QUestion is whether they d let the miners keep on mining cause theres a lot of money made by this in china.

On cardano and it s use cases do they really have em? Yes they have atal prism/Scan and trace but are they really used? Imho it s stil mostly only used as a currency(gamble) and it s real world uses are very limited. Even with the less energy using PoS it seems highly waste full to me for a very limited set of use cases also if i m not wrong we have the same problem as BTC as in energy use goes up with price.....

That being said i can understand why one would invest in cardano it atleast makes some sense and is not an obvious ponzi even though there are also some concerns there.

In other news the "genius" called elon musk somehow just realized what a disaster BTC is for the environment and said they ll stop accepting it as payment whole crypto market got fucked after this tweet. Hilarious how people believe the dude just blew 1.5 bio on BTC without doing any research.
Also pomp will be on CNBC trying to explain how BTC actually is good and pushing renewables. Fucken clow show cant wait for this whole thing to finally be over.

 

[Candreva Crosses]

Chances are i would have sold early or lost the wallet/password.....

Well if the chinese go through with their digital currency it would be a big hit to the crypto space imho. From what i read about the chinese project they basically want full control and knowledge on how and when their people spend their money as in according to sources they could devalue that china digital coin when ever they want to and even put expiry dates on it. That being said i take such rumours with a bit of skepticism as western media often gets wrong whats happening in china. That being said i do believe the CCP wants to know exactly when and where their people spend their money and i would think that they will probably outlaw the holding of other cryptos once a chinese digital currency is widely adopted.

This is not only China but the whole world too. This is why I think this will never be a thing and its a big fucking scam.

 

[brehme1989]

Binance going to be audited for money laundering

 

[Pimpin]

Binance going to be audited for money laundering

two things,

1. I AM SHOCKED.
2. What took so fucking long?


also what are the chances ARKK blows tf up? And what would you pick up. I am following this meltdown and I have the following on my list.

1. JD
2. StoneCo
3. Snowflake

 

[Pimpin]

Walmart growth story:

1. Flipkart (leader in market share in India, plus scope of learning there and transfer to ecommerce usa)
2. India, India, India. Potential to co-operate with Tata.
3. PhonePE, leading digital wallet/payment processing in India..200m users.
4. China hypermarkets and JD.com (12% ownership). I don;t know what the fuck is happening in china, but the main competitors in the ecommerce (alibaba) and retail space(Sun Art Retail Group+suning/carrefour) are getting SPANKED. Pinduoduo, the main competitor of Alibaba is spending unsustainably. Alibaba is seemingly done, regardless of how good they run stuff. IMO there seems to be a few big name defaults in China and Walmart could take advantage of that.

Also this sell off is as stupid as the one in 2018 (had entry point at 85), take out the capital expenditure and stock is still under 20 p/e. I hope they start taking advantage of these opportunities, instead of going for retarded fintech plays.

- - - Updated - - -

Stakes in Flipkart+PhonePE+JD.com are worth alone 50bn.

As crzd said, there is money to be made off of people who think Walmart will go bust every quarter

 

[Pimpin]

Something else that’s friggin terrible: our mistake! That 71% reflects the removal of the impact of catastrophes in Q1 21, as noted in our Q1 shareholder letter. This impact was considerable primarily due to the devastating Texas Freeze, adding 50pts of LR https://bit.ly/34iarX6

this is from Lemonade, insurance company, removing "impact from catastrophes" to make the result seem better.
WHAT. THE. FUCK.