Stock Market/Investing

knoxville7

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My dip into bitcoin convinced me this was likely during/post covid and post-election, and at least until the global markets stabilize from covid-19.

The stars aligned for bitcoin certainly...

my main concern for it now is the power draw becoming impractical. At these prices everyone turns on the generators and can bleed off all the power not being used normally. More power farms will emerge to exploit the generation of bitcoin.

At some point we must reckon with the efficiency of burning that much power to create an independent and stable currency? Or perhaps the diversion of power will start to inflate markets and squeeze the poor by increasing costs? Or the new wealth will drastically impact inflationary costs in a collapsed economy.

Or the power will become too costly and miners will sell in mass and crash the system below its breaking point for good. But I think we are 3-5 years from that and millions can certainly still be made.

****...I was trying to get into the dip hard back at 6,660 and I just couldn't mobilize transfers and shit fast enough, and then I ran into some financial issues and never got it done, missed the ride to 50,000k.

100k will destabilize markets and create a new order of pencil necked millionaires and billionaires.
If Stocks crash, and bitcoin explodes...New Order.

Thats probably the plan.

mining will eventually stop when all Bitcoin has been mined. I forget what year they project that’ll be, but there’s a finite amount of Bitcoin in the world...that’s what a lot of the appeal is. It can’t be devalued by just “printing” more like they are doing with the USD
 

Raskolnikov

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mining will eventually stop when all Bitcoin has been mined. I forget what year they project that’ll be, but there’s a finite amount of Bitcoin in the world...that’s what a lot of the appeal is. It can’t be devalued by just “printing” more like they are doing with the USD
yes...it costs more and more computing power and energy for less and less bitcoin. But doesn't become unsustainable unless the cost of power to run Bitcoin outpaces the financial growth of owning bitcoin.

Right now...the energy cost of producing a bitcoin yourself is probably 8,000-12,000 for an individual after initial equipment costs, and $6,000 for a farmer or if you are lucky enough to tap into Canadian hydro surplus or Chinese coal(who undercut and own most of the market).

Right now is a great time to bleed surplus energy so they are probably all getting discounts due to covid.

(if anything those estimates are based on last year and low)
 

Raskolnikov

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Just imagine how many returned home millennial pencil necks are leeching power off their boomer parents right now to generate bitcoin.

Can you believe the power bill these days? No wonder nobody can afford to rent.

Power unites part of the formula of all currencies with crypto's tether to them. Its smart to hedge in for that alone, because it can be part of the valuation of your stocks...and your $50,000 dow jones glory wet dream of tomorrow being a total eye trick on what was worth $10,000 a few years ago.
 

Raskolnikov

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essentially, at this price, everyone with access to power should be converting it to bitcoin. This ends up incentivizing any energy, dirty energy...clean energy...it doesn't matter to bitcoin...

and it impacts silicone manufacturing and usage as well, chips, etc.

The system will break itself and collapse but not until it deeply impacts national energy supplies, chip manufacturing, and hits a ceiling that impacts the poor. Another way for the rich to extract wealth from the system and drain the poor by their power.

Likely the major exploitive culprits will jump to the next crypto foundation before the pyramid scheme reaches its complicated( and problably due to regulations) conclusion.
 

Raskolnikov

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Bitcoin is a pyramid scheme that ends up getting subsidized by the poor through the worlds power, is basically the bottom line summary for the feds to sift through the eventual carnage.

Who lost?

The fish. The poor.
The fish, and the late investors, per usual.

When is late? Well... thats investing, right?

Except this time you are invested whether you choose to be or not, because it has gained global level leverage. It will inflate you or cost you if you guess wrong or avoid completely. When bitcoin goes up 6x...we all fall behind others in the balance if we are not part of the growth.

My advice is to hedge yourself and tether 18%-1/3 or so to the power/crypto dynamic against a dollar or market crash in the near term(so diversify, don't just focus on bitcoin which may be 0.5-2.5 cycles from a practicality and necessary regulation collapse, which is a huge mathematical range exponentially and maybe 18 months-15 years, I'm not plugged in enough to narrow it down).

Warren Buffet moved to the dollar for reasons he trusts. So far so good though the market made his decision premature. He just may be too old for a change like crypto and to foresee how its popularity will undercut his positions significantly if he completely avoids. His safest strategy would be to estimate the value of cryptocurrency in the world compared to national and gold currencies, and invest that percentage in a diversified crypto portfolio. That would be the net neutral I don't know what to do response. Thats actually the no gamble, net neurtal response. Is to pace your portfolio with the global value share of crypto. To ignore it could be a loss.

I've just felt like there is this massive inflation that has been eating americans alive this last decade.

It was a shock just a few years ago that QB's made 100,000,000. Now they make 1/2 a billion and Flacco is still in the league. One career has seen 500% growth. Partly due to NFL success, and partly due to inflation.
 
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Raskolnikov

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And which comes first? I'll ask you guys to weigh in on this problem?

Do you think ethical environmental regulation or financial stability regulation of the world bank will come in first to lock up bitcoin and crypto's?

Like if you **** with the worlds power supply...we need to know what it all means? If that is overhyped totally a non-concern it could be that I just don't understand it enough to be the guy to check it or analyze it. For me its a question not a warning! IDK?!

Because venting the surplus hydro damn energy...doesn't sound terrible to me.

It may be we just need some regulation and strategy here. It can be green if we make it a green system maybe? and divert only certain energies from hydro, wind, and nuclear? Perhaps we should consider that with the 2.0 build up?
 
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Raskolnikov

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To truly have a free and independent currency it has to be balanced only into clean energy systems is my advice for the day.

If Chinese coal wins the war, is this a fight we should be in?
 
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Raskolnikov

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Mag Landrace Iranian landrace by Verano btw. Lone Mtn Partners, LLC

"uplifted, happy, relaxed, pain relief, hungry"

Whenever I see a "Landrace" mix I am a buyer for purported psychedelic effects. Mozambique Gold, Zimbabwe Gold...legendary mmj strains, sativa plants that grow to 15 feet tall and shit, and trip you out.

So if I see an African landrace hybrid I often give it a try with much hope of tapping into the collective conscious, feeling of God and connection to Earth/Universe...an effect of black hole omniscience.

"The only thing better than more processing speed(4G, 5G, 1000G, connectivity, the matrix)...the only thing better than speed...is time.

And why black holes create their own advantage in the universe. In the end...my friends...and I am sorry to all I have offended here...but in the end my friends...

connectivity. Processing speed. Processing time.....time....time is the winner.

And a black hole bends time.
And a black hole bends speed.
And a black hole has connectivity...the connectivity of ultra-compressed H1 which is estimated to surpass silicone, and human neurons by far...

so it is connected matter, capable of sharing information, in a bubble of time, spinning as the weight of its own gravity literally connects to everything in existence from corner to corner of the universe with a single scanning revolution in some cases each and every day at a point beyond the event horizon....

black hole omniscient network my friends.

Trust the crazy weed junky.

Thats the intellectual territory I wish to claim. thats the direction all the parallel disciplines run. Or the point they meet...theology, philosophy, biology, physics, chemistry....

they run to the same point.

Black hole omniscient network...the universe...and then what? Its the and then what? Is the universe the whole or a unit?
 
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knoxville7

I have the stride of a gazelle
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JPM, Berkshire, Amazon healthcare joint venture is disbanding after 3 years. They were trying to disrupt the healthcare sector. Guess they figured out they couldn’t...shocker lol

also, glad I sold off some stocks a couple days before the new year. Kinda saw this downturn coming. Markets are selling off due to the Georgia run off elections coming soon, and the voting looking to hit record numbers...makes me think it’s going blue X 2
 

Hawkeye OG

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nope, it looks archaic but the info is interesting...assuming it’s correct info
It's correct. Obvi when execs of public companies by stock they have to report it and this site just shows you whose buying what. I found it interesting. Could be a very useful tool
 

HeHateMe

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It's correct. Obvi when execs of public companies by stock they have to report it and this site just shows you whose buying what. I found it interesting. Could be a very useful tool
Plenty of headfakes there tho, especially with free break even stock they cop
 

ijustposthere

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CGC fucking surging on new communist leadership.
 

knoxville7

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I'm essentially at 100% on CGC today. Should I sell? Or am I hodling? @knoxville7 @c0cksuck3r

I sold it a good while ago and “highly” prefer the American pot stocks, so I’d probably say sell.

for most Canadian ones, I’m surprised they are all up today. Weed legalization in America would hurt most of them. CGC and Cron are the only ones with ties to major American companies/resources.

nonetheless, all hail the great soviet...errr ummm American govt!!!
 

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