The Stock Market Thread

Discussion in 'The Thunderdome' started by golfballs03, Oct 28, 2011.

  1. The Dooz

    The Dooz Super Moderator

    I have a buddy, a CEO of a large e-commerce company, so way smarter than me, and he says it’s just gambling.
     
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  2. justingroves

    justingroves supermod

    I've proved the exact same building for a company 9 years in a row around April of every year, haven't built it yet
     
  3. CardinalVol

    CardinalVol Uncultured, non-diverse mod

    You can fundamentally look at a stock, bond, or closely held business and determine a value of it and then decide if you think the asking price is spot on or over/under valued.

    I do not understand how it is possible to do that with crypto.
     
    The Dooz likes this.
  4. droski

    droski Traffic Criminal

    exactly and it's a solely emotion driven investment.
     
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  5. droski

    droski Traffic Criminal

    the price is transparent. predicting the future price is the problem.
     
  6. droski

    droski Traffic Criminal

    i tell people that i have no idea whether it will double or halve in price.
     
  7. Volst53

    Volst53 Super Moderator


    Everything about it is open and transparent and can be easily looked up.


    Now that doesn’t mean I can predict the future from it but can easily track settlements, holders, how much the miners are making, hash rate and what not.


    The short term volatility is extremely high but if you’re a long term holder. It’s probably the worlds number one assets to hold since it’s conception.
     
  8. droski

    droski Traffic Criminal

    past performance doesn't guarantee future performance.
     
  9. Volst53

    Volst53 Super Moderator

    That’s true with everything though, and nothing is the world is a sure thing.


    But it is the most secure and strongest computer network system in the world, and in the digital world that’s going to have value.
     
  10. IP

    IP Super Moderator

    Easy money, I guess?
     
  11. droski

    droski Traffic Criminal

    true, but the question is what value and how do you project it?
     
  12. CardinalVol

    CardinalVol Uncultured, non-diverse mod

    Better than that - how do you remotely get to that value?
     
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  13. IP

    IP Super Moderator

    I can't tell if you are going to be asking me for 20 bucks in a year or if I am going to be washing your windows in 20 years.

    Or both?
     
    Last edited: Jun 22, 2022
    Poppa T likes this.
  14. IP

    IP Super Moderator

    It did dip below 20k briefly around 4 utc so I am already technically correct, which is the best kind of correct.
     
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  15. Poppa T

    Poppa T Vol Geezer

    My retirement goal was to include/cover season tix and the associated T&L in my expense line until I was too old to go to games. I succeeded.

    I will leave the bitcoin, et. al., "investment" strategy to you youngsters.
     
  16. justingroves

    justingroves supermod

    If they ever build it
     
  17. CardinalVol

    CardinalVol Uncultured, non-diverse mod

    Trevor Lawrence has turned his 24M signing bonus in crypto to a whopping 9M
     
  18. Poppa T

    Poppa T Vol Geezer

    He's in it for the "long haul"?
     
  19. IP

    IP Super Moderator

    He just lost more money than I will ever make
     
    justingroves likes this.
  20. droski

    droski Traffic Criminal

    coinbase might be a legit buy at this point though
     

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