So your investment is dependent on a government handout? Mmmmmm, how Republican of you (Boeing).
bitcoin
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- 5thhorseman
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Re: bitcoin
- 5thhorseman
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Re: bitcoin
I don't know what the fuck is going on but seems like I got the first post on a new page down to a science.
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Re: bitcoin
While we are conflating Trump and investing, I'm wondering why all the leading companies of the day, the Amazons, Twitters, Googles, and Facebooks happen to be run by "leftists". Aren't the Republicans the party of business?
Thoughts anyone? Yeah, I know, there are some wackos like Musk who supported Kanye.
Re: bitcoin
As long as you quote your reference, it carries over just fine. I hate it when I reply without quoting and you can’t tell what I’m talking about5thhorseman wrote: ↑Fri Jan 08, 2021 8:51 pm I don't know what the fuck is going on but seems like I got the first post on a new page down to a science.
Silence intelligence so stupid isn’t offended….
Re: bitcoin
what are you talking about?
Over the Internet, you can pretend to be anyone or anything.
I'm amazed that so many people choose to be complete twats.
I'm amazed that so many people choose to be complete twats.
Re: bitcoin
Well, not necessarily, but sure, the government is trying to help the service sector. I was actually thinking more along the line that they’re the biggest fish in the pond and will likely be able to hang in longer than anyone else. They have hundreds of hotels and own property smack dab in the centre of every city in Sweden, Norway, Finland and Denmark. Even if things get really bad, rather than going belly up they could just sell off a handful of buildings to raise cash and survive to fight another day.5thhorseman wrote: ↑Fri Jan 08, 2021 8:50 pmSo your investment is dependent on a government handout? Mmmmmm, how Republican of you (Boeing).
Real estate in Sweden has actually gone up rather than down during the pandemic. It’s weird. My best guess is that people being forced to work from home all came to the conclusion that if I need to work from home, I need a better home!
But that means that should it be necessary to liquidate assets they will most likely not do so at a loss.
Whatever you do, always give 100 %!
Except when donating blood.
Except when donating blood.
- Strangelove
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Re: bitcoin
5thhorseman wrote: ↑Fri Jan 08, 2021 8:58 pmWhile we are conflating Trump and investing, I'm wondering why all the leading companies of the day, the Amazons, Twitters, Googles, and Facebooks happen to be run by "leftists". Aren't the Republicans the party of business?
____
Try to focus on someday.
Try to focus on someday.
- 5thhorseman
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Re: bitcoin
The Beer Belly Putsch tried and failed lol.
In all honesty, they were a bunch of misfits. No chance of overthrowing anything larger than a bookshelf.
Anyways, wrong thread.
In all honesty, they were a bunch of misfits. No chance of overthrowing anything larger than a bookshelf.
Anyways, wrong thread.
- Strangelove
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Re: bitcoin
You really think THAT was it Horsey?
Hang onto your horses...
Hang onto your horses...
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- 5thhorseman
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Re: bitcoin
More waiting? groan
Re: bitcoin
Well.... the failed Beer Hall Putsch wasn't the end of the NSDAP... even if many thought so at the time.5thhorseman wrote: ↑Sat Jan 09, 2021 7:58 pm The Beer Belly Putsch tried and failed lol.
In all honesty, they were a bunch of misfits. No chance of overthrowing anything larger than a bookshelf.
Anyways, wrong thread.
And you didn't see the pics of paramilitary peeps with zip-tie handcuffs looking for senators to take hostage?
Most were idiots and misfits, but in their midst were a bunch of trained domestic terrorists trying to pull of a coup.
https://news.yahoo.com/fbi-looking-man- ... 18048.html
... but yeah, probably wrong thread.
Whatever you do, always give 100 %!
Except when donating blood.
Except when donating blood.
Re: bitcoin
Lol! Funny stuff, but not my reality.Cornuck wrote: ↑Tue Jan 05, 2021 1:07 pmThat's the only thing which would explain his absence.The Brown Wizard wrote: ↑Tue Jan 05, 2021 12:42 pm Griz now lives on his super yacht off the french riviera coast with 4 different bitches all fighting over his sausage
Sorry for my absence in this thread.
I would balance that wisdom with taking some risks in life.5thhorseman wrote: Yeah, don't invest in something you don't even remotely understand. Wonder if griz got out in time.
I never sold through the crash in 2017. And even those who bought at the top before that crash have since doubled their money (as long as they didn't sell). Anyone who ever bought bitcoin and held it for 3 years is in profit.
But no doubt it is a risk. I'm crazy and that helps.
- 5thhorseman
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Re: bitcoin
Oh believe me, I take risks. But there's taking risks you don't understand, which is essentially gambling, and taking risks you do understand, which is investing.
There's lots of crazy "investors" these days. It's what is creating the froth in the market.griz wrote: ↑Thu Jan 21, 2021 8:20 pm I never sold through the crash in 2017. And even those who bought at the top before that crash have since doubled their money (as long as they didn't sell). Anyone who ever bought bitcoin and held it for 3 years is in profit.
But no doubt it is a risk. I'm crazy and that helps.
- 5thhorseman
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Re: bitcoin
Interesting story last couple of days around Gamestop, the ailing used video game retailer.
Lots of big investment firms have been shorting the stock, essentially betting that the stock price goes down. A bunch of reddit users decided to bid up the stock, creating what's known as a short squeeze. Eventually the big firms were forced to buy back the stock to cover their short positions, causing the price to go even higher.
Six months ago GME was $4. Right now it's trading at $319 for an almost 8000% gain.
https://www.buzzfeednews.com/article/am ... ock-shares
An “Angry Mob” On Reddit Is Pushing Up GameStop's Stock Price And Pissing Off A Bunch Of Wall Street Firms
One financial industry expert told BuzzFeed News the redditors were engaged in a “coordinated attack.”
Investors on Reddit have launched an attack that’s both trolling and serious on Wall Street firms by purchasing shares in GameStop, pushing the stock price up over 480% in a week, costing hedge funds millions of dollars, and skyrocketing young investors’ portfolios and egos.
Popular subreddit r/WallStreetBets (WSB), whose tagline is “Like 4chan found a Bloomberg Terminal,” has over 2 million members reading and posting “stonks” tips and news. Its biggest obsession in recent weeks has been raising the stock price of GameStop, the old-school video game mall retailer.
Lots of big investment firms have been shorting the stock, essentially betting that the stock price goes down. A bunch of reddit users decided to bid up the stock, creating what's known as a short squeeze. Eventually the big firms were forced to buy back the stock to cover their short positions, causing the price to go even higher.
Six months ago GME was $4. Right now it's trading at $319 for an almost 8000% gain.
https://www.buzzfeednews.com/article/am ... ock-shares
An “Angry Mob” On Reddit Is Pushing Up GameStop's Stock Price And Pissing Off A Bunch Of Wall Street Firms
One financial industry expert told BuzzFeed News the redditors were engaged in a “coordinated attack.”
Investors on Reddit have launched an attack that’s both trolling and serious on Wall Street firms by purchasing shares in GameStop, pushing the stock price up over 480% in a week, costing hedge funds millions of dollars, and skyrocketing young investors’ portfolios and egos.
Popular subreddit r/WallStreetBets (WSB), whose tagline is “Like 4chan found a Bloomberg Terminal,” has over 2 million members reading and posting “stonks” tips and news. Its biggest obsession in recent weeks has been raising the stock price of GameStop, the old-school video game mall retailer.