Discussion ***Official*** 2025 Stock Market Thread 💰

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Indus

Lifer
May 11, 2002
15,062
10,551
136
I'm generally not doom and gloomy like Peter Schiff but I genuinely think he may be right about Bitcoin..

 

FelixDeCat

Lifer
Aug 4, 2000
30,710
2,610
126
My problem with bitcoin is that it really isn't "scarce" at all. Transactions that take place with it are usually in fractions, so that dispells that myth.

However speculators could drive the price up anyway for other reasons. It's problem now is that its very expensive to buy just one so average people only buy fractions.

When stocks get expensive per share they split them allowing small timers the ability to drive up the price. At over 100,000 per bitcoin share ...
 

FelixDeCat

Lifer
Aug 4, 2000
30,710
2,610
126
Supposedly Pelosi bought Apld. Others expect CoreWeave to buy more of their capacity they are planning and projecting a $100 share price a few years from now.

Current price Apld is 14.00 and 3.11 billion market cap.
 

Red Squirrel

No Lifer
May 24, 2003
69,974
13,474
126
www.anyf.ca
One of the biggest issues with crypto in general but especially Bitcoin is the high transaction fees. One would think that if we're going to try to make a digital currency, that it would be designed to be cheap, efficient and easy to use but they don't check neither of those boxes.
 
Reactions: FelixDeCat

biostud

Lifer
Feb 27, 2003
19,654
6,727
136
One of the biggest issues with crypto in general but especially Bitcoin is the high transaction fees. One would think that if we're going to try to make a digital currency, that it would be designed to be cheap, efficient and easy to use but they don't check neither of those boxes.
Somebody always wants a slice of the cake.
 

IronWing

No Lifer
Jul 20, 2001
72,226
32,637
136
One of the biggest issues with crypto in general but especially Bitcoin is the high transaction fees. One would think that if we're going to try to make a digital currency, that it would be designed to be cheap, efficient and easy to use but they don't check neither of those boxes.
You have to pay for all the electricity being wasted. Bitcoin is literally designed to waste energy. Somehow, wasting energy is supposed to create value. It’s nuts.
 
Dec 10, 2005
27,698
12,150
136
One of the biggest issues with crypto in general but especially Bitcoin is the high transaction fees. One would think that if we're going to try to make a digital currency, that it would be designed to be cheap, efficient and easy to use but they don't check neither of those boxes.
No. The biggest issue with crypto is it is funny money that only seems to have use for committing crimes.
 
Reactions: Indus and biostud

Indus

Lifer
May 11, 2002
15,062
10,551
136
No. The biggest issue with crypto is it is funny money that only seems to have use for committing crimes.

It's basically like monopoly money too.. could be worthless at any moment.. and ofcourse there are fees for transactions.

It's as fishy as the financial markets which make no sense what so ever..

1. No trade deals
2. Tariff increase on just about everywhere
3. Money outflow from US increasing.
4. Bond market in turmoil
5. Companies laying off workers en masse
6. Cooked unemployment numbers
7. Big Beautiful Trainwreck incoming

A meteor is going to hit the US so we're bullish and pushing for all time highs??
 

FelixDeCat

Lifer
Aug 4, 2000
30,710
2,610
126
It's basically like monopoly money too.. could be worthless at any moment.. and ofcourse there are fees for transactions.

It's as fishy as the financial markets which make no sense what so ever..

1. No trade deals
2. Tariff increase on just about everywhere
3. Money outflow from US increasing.
4. Bond market in turmoil
5. Companies laying off workers en masse
6. Cooked unemployment numbers
7. Big Beautiful Trainwreck incoming

A meteor is going to hit the US so we're bullish and pushing for all time highs??
The market doesn't care unless interest rates go up. Then bonds crash. Then the market crashes.
 

FelixDeCat

Lifer
Aug 4, 2000
30,710
2,610
126
So what deal did you do exactly? People are paying big money for calls next month on NVTS so there is positive thought there. I'm just curious.

I'm protected down to 5.60 a share.
So I sold NVTS way too soon. It hit 9 today and Apld is getting beat like a red headed step child. The exact opposite I thought might happen. 😞
 

Indus

Lifer
May 11, 2002
15,062
10,551
136
Daytraded a call, probably less than 100.00 profit.

Now your turn..Who is your daddy and what does he do?

If I had bought broadcom at 140 and sold it this week at 260.. that'd be pretty profit.

Instead I listened to you to keep my powder dry.. did nothing..
 

FelixDeCat

Lifer
Aug 4, 2000
30,710
2,610
126
If I had bought broadcom at 140 and sold it this week at 260.. that'd be pretty profit.

Instead I listened to you to keep my powder dry.. did nothing..
Free advice is usually fairly priced. Ultimately you are in charge.

My brother was dying to purchase Palantir at 73.00 back in April, and it has since doubled. We both had doubts about Trumps plan not knowing he was only bluffing (pre Taco). Had we all known he was bluffing, then yes, everything was a buy.

I heard today that if the courts allow his willy nilly blanket tariffs, that will allow him to re-instate reciprocal tariffs in July if he wants to.

Hmmm.... I wonder how the market will react. Or will he bluff again?
 
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