/smg/ - Stock Market General

[Anonymous No.13755123]

damn it edition

List of popular brokers:
https://pastebin.com/mrSchZPg

List of basic stock market terminology for newfags:
https://pastebin.com/VtnpN5iJ

Real-time market news:
https://thefly.com/index.php

Educational sites:
https://www.investopedia.com/
https://www.khanacademy.org/economics-finance-domain

Best free stock screener
https://finviz.com/

Premarket Data:
https://www.investing.com/indices/indices-futures

Earnings Report Calendars:
https://calendar.google.com/calendar/embed?src=moonmissioncontrol2.0%40gmail.com
https://biz.yahoo.com/research/earncal/today.html
https://www.earningswhispers.com/calendar

Pump and Dump Advertising:
https://stocktwits.com

Boomer Investing 101:
https://www.bogleheads.org/wiki/Getting_started

Options Markets 101:
https://cdn.ymaws.com/afajof.site-ym.com/resource/resmgr/files/Historical_Texts/cox-rubinstein-ocr-1985.pdf

Suggested books:
https://pastebin.com/jgA5zTuC (embed)

List of hedge fund holdings:
https://fintel.io/

For LCI buyers:
http://suicidepreventionlifeline.org/

Free in depth technical analysis charts:
http://www.tradingview.com
https://www.koyfin.com/

previously on smg:
>>13744810

[Anonymous No.13755140]

First for whoever rolls doubles gets to decide what we buy into next.

[Anonymous No.13755143]

Damn you really had to try hard to make a new thread
I’m proud of u

[Anonymous No.13755146]

Nice """capitalism""" you got there

[Anonymous No.13755155]

>robinhood
>Commission-free
what's the catch?

[Anonymous No.13755159]

>>13755140
Really anon? LCI!

[Anonymous No.13755161]

>>13755155
datamine

[Anonymous No.13755163]

>>13755140
DNKN puts

[Larry No.13755166]

People who didn’t buy SESN at .81 cents aren’t allowed to post on this board

[Anonymous No.13755168]

>>13755155
They make money off of subscription fees for premium accounts, interest earned off of your deposits into them, and rebates. Whenever I explain it to friends and family I just say "it's a bank that lets you trade through them."

[Anonymous No.13755173]

>>13755140
Get APPS

[Anonymous No.13755178]

>>13755155
Ror! First dubs! Everyone give money to Robin hood!!!

[Anonymous No.13755180]

Saved up 10k from wageslaving, is that enough to do anything with? I don't want to spend weeks reading up on how to properly invest to find out I couldn't do anything all along

[Anonymous No.13755181]

>>13755155
their spreads are kind of gay. if you have less than like 10k it doesn't really matter. Use limit orders always

[Anonymous No.13755205]

>>13755178
I actually tried to look up the company that owned Robin Hood to buy into them since they seem like an assured profit.

>>13755180
Yes, 10k is a good amount lol.

[Anonymous No.13755212]

>>13755180
Yes. It's enough. Put some money in a meme stock. One of these is bound to bounce. Other than that, divvies!!!

[Larry No.13755214]

>>13755180
Yep that’s a good amount to lose listening to the faggots on biz

[Anonymous No.13755224]

So what's your daily job? or are you just a NEET watching graphs?

[Anonymous No.13755226]

>>13755166
Forgive me, Larry. I did not know of it. Spare me, I beg you.

[Anonymous No.13755242]

>>13755180
If you wanna invest you need to know about businesses, economy, accounting, behavior of market etc., then you can invest in companies through stocks. Anything else is just gambling.

[Anonymous No.13755248]

>>13755214
He said invest, not trade. He just needs companies that will give returns. Blue chip divvies are a solid way to do that in order to compound over a decade or two. Plus if the stock rises in value, that's double double payoff. If he throws maybe 5 hundo into KBLB or something and it dies, he only lost 500. If it shoots up, his potential gains are woo woo! Which means more money for divvie stocks

[Anonymous No.13755272]

>>13755166
>>13755214
Larry, has SESN hit its end and will continue to dip, or $3 end of quarter?

[Anonymous No.13755294]

>>13755155

No, no, no my friend... It is all veddy, veddy free my friend! Please send all of your valuable, hard-earned american money to my family's call center, my friend. We won't steal money off the top of your orders, cuck you on trade executions or sell your information to the highest bidder, my friend! Save $5.00!

[Anonymous No.13755299]

>>13755140
SOXS

[Anonymous No.13755310]

>>13755299
Ror! You're too late. It's already been decided to give money to RH.

[Anonymous No.13755330]

>>13755299
Alright. Do we buy in right now, or wait for it to dip even harder, SOXS anon?

>>13755310
You am suck at reading, friend

[Anonymous No.13755347]

>>13755330
First dubs here>>13755155

[Larry No.13755349]

>>13755272
From what I understand there are a handful of catalysts/partnerships coming up and June 6th the company is scheduled to meet with the FDA again to clarify the registration path.

[Anonymous No.13755378]

>>13755330
idk desu, I just sort of blindy bought it 10 min ago and don't plan on holding after today. A dip after that rocket yesterday just felt like a good buy desu fampai

[Anonymous No.13755401]

Bought AMD for the Ukrainian Basket Weaving Capital anime grill meme index

[Anonymous No.13755460]

>>13755349
>>13755378
I'll nab both. Why not!

[Anonymous No.13755509]

>>13755460
Investing involves risk including loss of principal™

[Larry No.13755521]

>>13755460
Careful with SESN - there will be a pullback average your buys

[Anonymous No.13755563]

>>13755140
ITM $SPY calls

[Anonymous No.13755576]

Friends, brilliant new idea. Let's start a company, invest in our own stocks, and then sell them when we can generate profit!

[Anonymous No.13755584]

Is it possible to maintain a long term short position on a stock without having to pay interest/premium for doing so and without having worry about losing more than the total amount of money invested into it?

[Anonymous No.13755592]

>>13755576
based

[Anonymous No.13755615]

KEEP BUYING
KEEP IT GREEN

[Anonymous No.13755635]

S&P 5000 coming strap in boys

[Anonymous No.13755647]

>>13755584
No

[Anonymous No.13755674]

yikes today look nasty @_@
can break either way and might be brutal

[Anonymous No.13755680]

>>13755674
SHUT

[Anonymous No.13755684]

>>13755576
Classic /biz/
>start company
>be successful
>profits!(skip this part)
>sell off stocks
>liquidate company
>this is where we profit!

[Anonymous No.13755699]

WHY ARE SO MANY OF YOUR IDS GREEN
IS IT A SIGN

[Anonymous No.13755711]

>>13755699
>red ID
>1 post by this ID
>dubs
... thanks anon...

[Anonymous No.13755714]

>>13755684
>>13755592
Go ahead, tell me how this wouldn't work.

[Anonymous No.13755726]

>>13755699
SHOO SHOO FILTHY RED BOI.

[Anonymous No.13755729]

>>13755699
Am I green Anon?

[Anonymous No.13755736]

>>13755699
why you gotta ruin the pary

[Anonymous No.13755752]

>>13755714

[cian No.13755754]

my friend just started working at MU as a product engineer
DOES THIS MEAN BUY

[Anonymous No.13755756]

I want to laugh at BIDU Baidu and step on it. But it seems like the stock price might rebounce a bit in future days

[Anonymous No.13755769]

>>13755714
The red guys wouldnt buy the initial 50% unless the company actually did something which made a path to profitability clear. Well, unless they're retarded or something.

[Anonymous No.13755773]

>>13755752
It's only manipulation if we lie. We just don't say anything and put the shares on the market, some one will buy them. Easy game.

[Anonymous No.13755782]

>>13755773
Offering shares to the public requires giving certain information, even OTC

[Larry No.13755784]

>>13755754
Depends

Was your friend hired because they are transgender Black Muslim diversity hire or was your friend hired on merit?

[Anonymous No.13755791]

>>13755754
Depends, is your friend cool?

[Anonymous No.13755795]

>>13755782
I don't know what that word means, but I'm sure we'll figure something out.

[Anonymous No.13755821]

>>13755752
Its not manipulation if the red guys screw themselves. That's on them for buying over 50% of the stocks while the price is clearly inflated from their prior purchases. That said, nobody with that kind of capital is either retarded enough to fall for whats described in the picture, or doesnt have handlers/managers that would prevent such a thing from happening to their cash cow.

[Anonymous No.13755823]

American Airline companies will have record breaking travelers this year! That plus cheap gas will give huge profit margins.Got me a few different tickets. Like (DAL) and (save) so far so good. Let’s keep the money coming

[Anonymous No.13755834]

Kohl's massive gap down, buying soon after waiting two weeks

[Anonymous No.13755852]

>>13755821
Wrong! If we start selling at just $0.20 then people will buy it hard, even the majority of poor dregs seeing easy money! It could pump up to at least $0.40 and that's double the returns!

[Anonymous No.13755854]

>>13755756
it's crazy how fast things can change, especially for individual stocks

that thing was 185 on april 9th

[cian No.13755855]

>>13755791
>>13755784
he's pretty cool, he's actually a pretty big youtuber. Very humble guy - link related
https://www.youtube.com/channel/UC6Jxh95N32m1JvKG_-fQ6QQ

[Anonymous No.13755877]

PROTIP
R
O
T
I
P

[Anonymous No.13755883]

>>13755823
I have stocks in Delta and Southwest, the dividend will take off!!

[Anonymous No.13755889]

>>13755854
I hope it drop to 0 within this year

[Anonymous No.13755906]

>>13755823
>>13755883
Remember: Investing in an airlines is the best way for someone to be a millionaire! With a condition being the if they were originally a billionaire!

[Anonymous No.13755918]

>Morgan Stanley analyst Adam Jonas said Tuesday in a research report that Tesla stock could drop to $10 -- in a worse-case scenario.

>That is more bad news for the embattled maker of high-end electric vehicles. Tesla (ticker: TSLA) shares are down 38% year to date, far worse than the 10% gain of the Dow Jones Industrial Average and 1% gain in the Russell 3000 Auto & Auto Parts Index.

oh no no no

[Anonymous No.13755921]

>>13755883
Delta is a quality company. Rolling in cash. Owns their own gas refineries. Best positioned airline by far.

[Anonymous No.13755925]

>>13755906
Wait wut are u saying?

[Anonymous No.13755935]

>>13755918
lel, Tesla has always been a scam co

[Anonymous No.13755939]

>>13755925
That airlines will just give you losses instead of gains.

[Anonymous No.13755956]

>>13755939
Aren't the airlines printing money today though?

[Anonymous No.13755964]

>>13755956
Dunno, was just explaining his joke to you.

[Anonymous No.13755986]

>>13755918
>Tesla drops to $10
>can buy long OTM $20-$30 calls for literal pennies
>institutions pick up cheapies and it swings back over $100 minimum in a week and the whole thing ends up as just another blip on the volatility coaster for this stock
>stabilizes back at $200 with institutional backing
Please dear god let this happen.

[Anonymous No.13755994]

>>13755935
It's the modern day DMC

[Anonymous No.13756004]

>>13755986
I wonder at what price Elon gets liquidated

[Anonymous No.13756006]

The smart money is in CREQF right now.

[Anonymous No.13756013]

>>13755925
>>13755956
They are barely profitable with many of them earning low single digit percentage profit when the economy is good (apparently most airlines still can't cover their cost of capital even if they are profiting), and when whatever downturn occur or special incident hit the travel demand they will lose big money and many airlines will be bankrupt, even large airlines cannot immune to the process if you recall the past history for many different airlines.

[Anonymous No.13756029]

>>13756004
The guy is obviously shook, look how fat he's gotten recently

[Anonymous No.13756030]

>>13755795
Over The Counter. Penny stocks.

[Anonymous No.13756048]

Holy shit SESN stop!!!! I've never seen so many gains in a single day!

[Anonymous No.13756057]

>>13755986
This... is a real possibility. Impressive

[Anonymous No.13756072]

Writing calls is free money anon. Stop gambling with penny stocks, and get a dividend every week

[Anonymous No.13756085]

>>13756072
b-b-but I like gambling on shitty companies?

[Anonymous No.13756088]

>>13755939
Blue horseshoe loves Bluestar Airlines

[Anonymous No.13756100]

buy REFR

[Anonymous No.13756104]

>>13756088
I was just explaining the joke!!!! I don't care!!!

[Anonymous No.13756109]

>>13756072
What calls are you writing because apparently I'm retarded and keep picking the wrong ones

[Anonymous No.13756110]

>>13755224
Being a corporate wage slave in a boomer filled office

[Anonymous No.13756118]

>>13756100
You want us to buy into something at it's year's ATH?

[Anonymous No.13756130]

>>13756072
My stocks aren't high IV to have good premiums

[Anonymous No.13756140]

>>13756104

[Anonymous No.13756142]

>>13756118
This

I sold last week, wish I hadn't

[Anonymous No.13756151]

>>13755680
am expect y=1/x style pattern :<
shorting top of pump heavy

[Anonymous No.13756155]

>>13756140
I need to watch that again sometime

[Anonymous No.13756159]

>>13756142
Well anon, buy into it again and hope it keeps going. I like the looks, but fuck me if I ain't gonna wait for a dip.

If it doesn't dip though, going to kms.

[LCIguy !7SgaW5KMQI No.13756169]

Looks like LCI paid off more Long term debt early

LCI to $100

[Anonymous No.13756170]

>>13756109
This is what I got for this week.

>>13756130
You can write farther out strikes at a longer timeframe as a nice hedge against downside, or credit spreads as well. iktf with low iv tho.

[Anonymous No.13756207]

>>13755714
why would we ever sell our stocks if we own a profitable company?

[Anonymous No.13756220]

>>13756159
>>13756142
There it is! The dip, the dip!!!!

[Anonymous No.13756253]

>>13756207
Because we do this at day one (1).

[Anonymous No.13756271]

>>13756220
I have no money atm, it's all tied up in options and shitty LPTX

[Anonymous No.13756297]

>>13756169
I'm reading this report on Schwab from Business Wire.
>fines up to $250m according to seekingalpha
Ror! No. More like $70m, if its proven, which it wont be because it's all Teva!

[Anonymous No.13756304]

>>13756271
You gave up this

[Anonymous No.13756322]

>>13756170
Spreads confuse me.
Should I sell ITM calls and buy OTM calls, or the other way around?

[Anonymous No.13756327]

>>13756304
For THIS?

[Anonymous No.13756355]

>>13756207
I own a very profitable company, and well I am extremely tight with equity, for the right offer I would sell all of my shares in a heartbeat. Nobody wants to work forever.

[Anonymous No.13756359]

>>13756322
Bearish Call Credit Spread:
>sell the lower strike, buy the higher strike
Bullish Put Credit Spread:
>sell the higher strike, buy the lower strike

[LCIguy !7SgaW5KMQI No.13756363]

>>13756297
Those lawsuits never materialize.. and yes most of that is TEVA.. LCI is going to get a slap on the wrist and that one woman is going to get thrown under the bus.

[Anonymous No.13756368]

>>13756327
Ya kinda want to kms

[Anonymous No.13756381]

>>13756368
May you suffer for ever believing you could triumph over the bear.

[Anonymous No.13756387]

>>13756363
Bingo. VP Cavanaugh. Who was with Teva at the time of the allegations. Teva is of course the company behind it all.

[Anonymous No.13756400]

>>13756359
Awesome, thanks anon

[Anonymous No.13756408]

>>13756381
Should I just throw a grand at it right now then, I don't really want any more money in the market in case I need it for emergency, but I could right now and be ok for the foreseeable future

[Anonymous No.13756437]

>>13756408
If you're worried, DO NOT. You wont be able to forgo your emotions when trading or investing in the stock, and you WILL make bad decisions.

[Anonymous No.13756441]

>>13756408
You shouldn't try to validate risks from anonymous people on the internet. Ask yourself this and come to your own terms.

[Anonymous No.13756473]

>>13756437
buy high sell low

[Anonymous No.13756478]

Where's "shot caller" poster? Everything you predicted yesterday came true; JWN puts, STM calls

[Anonymous No.13756482]

>>13756437
>>13756473
https://www.youtube.com/watch?v=61Q6wWu5ziY

[Anonymous No.13756513]

>>13756100

In REFR under 2 lol

Absolutely loving it

[Anonymous No.13756520]

>>13755242
Buy HMNY.

[Anonymous No.13756535]

>>13756170

I took all my AMRN gains money that I had got from buying at 3 and moved it to REFR

[BagholderExtraordinaire !kDjFcJuZkQ No.13756544]

Guys the markets are smoking crack right now. Look at these fucking gains. This is going to continue all week isn't it?

[Anonymous No.13756551]

>>13756513
holy based

[Anonymous No.13756554]

>>13756544
*all year

[Anonymous No.13756564]

>>13756544
>right again baggie!
Two in a day! You're on a roll! Week long rally rally!

[Anonymous No.13756575]

>>13756072

It's an income from collecting premium payments not a dividend, you dip.

[Anonymous No.13756602]

>>13756359
What would happen if you sell a $25 call and buy a $25 call to ride theta decay?

[Anonymous No.13756639]

>>13756602

It creates a shitty Bull Call Credit Spread.

[Anonymous No.13756644]

>>13756602
you would just lose the commissions and gain nothing

[Anonymous No.13756688]

>>13756575
baka its just a parallel, anon

>>13756602
dont do this lol

[Anonymous No.13756703]

Great news for Fannie Mae & Freddie Mac. After the latest $2.4B sweep to the treasury, Craig Phillips says "GSE have paid back taxpayers". New director of the Federal Housing Finance Agency Mark Calabria has stated that:
>stated that he expects that “sometime in the fall, Treasury and I will hopefully come to an agreement. That will allow us, later in the year, to suspend the net worth sweep and start to build capital” and that an IPO could happen “perhaps [in the] first half of next year.”
$FNMA was up 10% yesterday $FMCC 9%. Today up %2 and 4% respectively. Through ending government conservatorship and raising new capital (IPO) these companies will go private again. I fully expect FNMA to return to their former glory.
$FNMA $FMCC are currently trading in OTC markets at around $3 each.
Once they go private and start paying dividends I expect their shares to exceed $20 and perhaps back to their former glory of $40-60.

I've been following this case for over 10 years since I bought $FNMA at 50 cents per share. You wouldn't know this was happening unless you were interested.

>Don't say I never did anything for you /biz/

[Anonymous No.13756713]

>>13756639
>>13756644
>>13756688
Thanks, I'm going through a bunch of options trading courses so there's no way I would actually anything for the next few months

[Anonymous No.13756722]

>>13756602
i mean your initial investment would be zero (besides trading fees) and any gain from one would cancel the out the loss from the other

[Anonymous No.13756732]

>>13756713
take it slow with options

[Shot Caller No.13756736]

Last chance to buy JWN puts!!

[Anonymous No.13756748]

>>13756713
gl fren, take it easy and stick to ur stoplosses

[Anonymous No.13756767]

>>13756713
just roll iron condor spreads every day

[Anonymous No.13756776]

>>13756722
>>13756732
>>13756748
It seems like to make selling options worth it you have to sell meme stocks like AMD or IQ

[Anonymous No.13756782]

THREADLY REMINDER THAT DIVIDENDS ARE YOUR FREN

where's the anon that pulled out of T and put it all on ARMN? so for so good anon

[Anonymous No.13756792]

>>13756767
STEVEN YOU'LL NEVER HAVE A GIRLFRIEND

[Anonymous No.13756846]

>>13756169
paying off long term debt, especially if its low interest long term debt, isn't always the best allocation of funds.

shit my LIBOR loan is at 2.something percent, I'd rather just put the extra cash in a divvy aristocrat over 3% that ends up compounding over the next two decades than pay off my mortgage early. Interest gained will be greater than interest paid on the mortgage

[Anonymous No.13756847]

>>13756776
it depends on how much you want to risk. meme stock options are cheap as shit, but most people making banko bucks are playing with established blue chips

[Mr. Steal ur gold !NiOVxJewL2 No.13756853]

>>13756767
Kekfull pic

[Anonymous No.13756861]

Just waiting for the Chinamen to strategically make some statement during US market hours to break the semis down a bit more

[Anonymous No.13756947]

BUY LEVI AT $17

[Anonymous No.13757021]

>>13756947
Too expensive, no thanks.

[Anonymous No.13757029]

ah yes, a green day
We're invincible

[Anonymous No.13757065]

>>13756861

I have a feeling they'll do something with rare metals, which will have a flow on effect.

Read some Chinese media, they are treating this like a nationalistic threat. The TV stations are playing old Korean War movies.

[Anonymous No.13757099]

Can you stop fucking up Interactive brokers...

[Anonymous No.13757167]

>>13757065
They are already pulling new American shows (or even Chinese shows that take place in America) from the TV and the internet and temporarily suspending new American movie from screening in the cinema.

[Anonymous No.13757242]

>>13756846
> Understands utilizing low interest debt to make long term gains
> pays off mortgage early
Wut? What's the interest rate on your mortgage? I'm sitting at 3.75% and haven't pulled less than 12% out of the market since I entered a decade ago.

[Anonymous No.13757244]

>Markets start to recover
>Drumpf shitposts again
>Markets dump

[Anonymous No.13757290]

> Sanctions bill on Nord Stream 2 coming soon: U.S. energy secretary

fucking burgers

[Anonymous No.13757305]

are there seriously people who believe that Bitcoin can become the global currency? Have they never heard of the SDR? more importantly, don't they realise that this will make bitcoin lose its current value?

[Anonymous No.13757343]

>>13757305
cryptocurrencies with open ledgers can never become the global currency.

[Anonymous No.13757353]

buy LCI

[Anonymous No.13757371]

What do I do with my NEET time while I'm waiting for my index funds to disburse? I only have like $250 in crypto at the moment so it's not like I can day trade and expect a modest gain anytime within the next few months.

[Mr. Steal ur gold !NiOVxJewL2 No.13757376]

>>13757290
Why does it matter

>>13757305
>are there seriously people who believe that Bitcoin can become the global currency?
Idk
> more importantly, don't they realise that this will make bitcoin lose its current value?
How so

[Anonymous No.13757395]

>>13757371
you could try getting a job or education, maybe training even

[Anonymous No.13757402]

>>13757167

Pretty interesting stuff. But the next leg is either going to be a huge move upwards as a result of a compromise deal, or a huge move downwards as China finally retaliates.

I don't think China will cave. They have no need to worry about elections.

[Anonymous No.13757407]

>>13757029
profit taking spot. trumpster is about to start tweeting :)

[Anonymous No.13757420]

>>13757395
Do free online courses count? I figured they didn't because they're not accredited and you have to sift through dozens of them to find one that's worth actually listening to. If they do, then I guess technically I'm not a NEET.

[Anonymous No.13757457]

>>13757376
Hard to be used as currency when everyone is using it as a speculation investment vehicle. When people stop treating it as such, it will become more valuable as a tool, but much less valuable in price.

[BagholderExtraordinaire !kDjFcJuZkQ No.13757477]

Time for the lunch time check in. I've been fucking busy at work and haven't been able to watch the action. We still winning?

[Anonymous No.13757481]

>>13757407
Fuck. Hope its good

[Anonymous No.13757488]

>>13757477
Almost lost... was on the verge... markets still green... but at what cost?

[Anonymous No.13757491]

>>13757477
yup bulls in control

[Mr. Steal ur gold !NiOVxJewL2 No.13757557]

>>13757457
>Hard to be used as currency when everyone is using it as a speculation investment vehicle.
Some people do some people don't
You should remember market cap of creep toes is almost penny stocks tier ofc there's a lot of manipulation, it changes with market size.
> When people stop treating it as such, it will become more valuable as a tool, but much less valuable in price.
I don't get this part though... That's like gold becoming less liquid. You can't speculate on it but in order for gold to be illiquid and be underlying values of a system like gold standard was and what btc tries to mimic gold has to quadruple at least to have adequate price to money supply. I don't understand how can market cap rise, liquidity fall and price not rise as a result ?

[Anonymous No.13757597]

>>13757402
Xi JIn Ping still need the party to support him actually getting his lifelong term, he have already done a lot of things that make himself very close to becoming a lifelong chairman but it still isn't 100% set in stone yet. Yet that also mean he have even more reason to worsen the trade relation in order to gather support from within the party around himself to fight foreign enemy.

[Anonymous No.13757612]

>>13757557
Much like modern fiat currency, bitcoin supply is theoretically unlimited right? Just like printing money. Subject to inflation. If it ever does become used as major currency, you're going to have a lot of it for many people. But what is Bitcoin backed by? A private company? Mickey mouse dollars.

[Anonymous No.13757629]

>>13756703
So this is a buy?

[Anonymous No.13757645]

>>13757612
Troll?

[Anonymous No.13757664]

>>13757376
because I'm European and tired of American boomer neoconservatives larping as Jews fucking over Europe.

>>13757065
>they are treating this like a nationalistic threat
it is though.

[Anonymous No.13757671]

>>13757557
But unlike gold, bitcoin have nothing unique about it. Even if people pay premium to use crypto as the future global currency, why would they use bitcoin instead of crypto X that will be invented in the future? Even nowadays we are seeing various companies giving up bitcoin and using other coins or even making their own company's coins in order to prevent avoid disadvantages like a while ago there are disadvantages of long confirmation time or high transaction cost that caused people to switch to other coins

[Anonymous No.13757675]

>>13757645
>1 post by this ID
Wut?

[Anonymous No.13757687]

Have you bought GALT today? Done your part? Fought the good fight?

Buy GALT. God wills it.

[Anonymous No.13757699]

>>13757675
There's a finite amount of Bitcoin that will ever exist.

[Anonymous No.13757709]

AMRN is on the upswing. So it seems I got lucky yesterday. Bought 4 T babies as tokens till I can make my big purchase later during the early morning slight dip. (What; I can't forsake my T babies now can I? With out his rally yesterday I couldn't afford to buy the big AMRN dip.)

So now I just gotta settle in and ride this train till the Buyout happens. Which depends on when the FDA get's off it's ass and gives the Greenlight. (Hurry up you fucks~!).

This is latest AMRN forecast; any one of these 3 spells Profit for me. (pic related). I'm rooting for the Top end. Buyout would double that. Clear $40,800.00.

[Anonymous No.13757718]

>>13757671
'bitcoin' as cryptocurrency and Bitcoin as particular brand of c-c are different. And such monetary competition as you describe is better than the current state fiat control.

[Anonymous No.13757727]

>>13757699

There's also a finite amount of dirt on the earth. That fact alone doesn't make it a thing of value.

[Anonymous No.13757779]

>>13757727
based and redpilled

[Anonymous No.13757796]

Is today the day to buy BYND?

[Anonymous No.13757802]

>>13757699
is bitcoin patented? if not, whats to prevent someone from reverse engineering it or something exactly like it?

I'm not very knowledgeable about crypto but from my understanding, the real innovation is in blockchain technology, not an individual crypto currency.

[Anonymous No.13757810]

>>13757727
He said Bitcoin is theoretically unlimited, and was concerned about inflation from printing new Bitcoin at the Bitcoin reserve Bank. I would like to point out that Bitcoin is deflationary and in fact has a finite supply. But I am now aware I'm getting trolled, as surely no one on this board is that ignorant, none the less 2.

[Anonymous No.13757819]

>>13757709
i like following the AMRN anon saga. keep us updated.


also, anyone have an update on the THOT ETF?

[Anonymous No.13757825]

>>13757796
It looks like the swings are over. Steady decline as everyone realizes it's vegan.

[Anonymous No.13757833]

>>13757810
Economics itself is deflationary. Something the Central Bank regiment wants people to forget.

[Anonymous No.13757841]

>>13757810
If bitcoin is deflationary, meaning it gets more valuable over time, why would you spend it rather than use it as an investment vehicle? And how will the supply meet the demand of the people if its finite?

[Anonymous No.13757846]

>>13757796
Buy at 40 dolla.

[Anonymous No.13757857]

>>13757796

Ate some of their fake chicken tendies last night and had the best shit of my life this morning.

Buy signal

[Anonymous No.13757884]

>>13757841
Most of your confusions are wished away when you just translate 'Bitcoin' to 'Gold Standard with 100% reserve'

[Anonymous No.13757897]

>>13757718
It will be better but that doesn't mean it make sense to invest into any existing crypto because of the reason stated above.

[Anonymous No.13757900]

>>13757884
Yes, I understand that. But why bitcoin over gold?

[Anonymous No.13757912]

>>13757802
>is bitcoin patented? if not, whats to prevent someone from reverse engineering it or something exactly like it?
You don't even need to reverse engineer it, most crypto including bitcoin are completely open source and you can just fork it, which have also been done many times too

[Anonymous No.13757919]

>>13757900
because the Big Gay has gold locked up and will not allow it to emerge as monetary competitor.

And because Satoshi solved double spending problem.

[Anonymous No.13757960]

>>13757919
So, you're suggesting that money become privatized in the future? And that governments would allow this? And assuming they did, that digital currency subject to computers and magnets is superior to forms of currency that can be guarded with bodies and walls?

[Anonymous No.13757966]

>>13755769
why do you think he browses /biz/? perfect market.

[Anonymous No.13757980]

>>13757966
Checked. Also true.

[Anonymous No.13757982]

>>13757960
> walls
> working
umm sweety

[Anonymous No.13757990]

>>13757919
the point is that XDR already exists

[Anonymous No.13758008]

>>13757982
Ror! Now this is a troll! As if you dont have walls on your house! Live outside then.

[Anonymous No.13758009]

>>13757841
The fact that supply may not meet demand is what guards it from inflation. Also fewer coins are added to circulation over time according to a fixed schedule. I'm no expert, but these are all very basic aspects of BTC.

[Anonymous No.13758016]

>>13755180
1/2 TQQQ
1/2 SPLV
remember to keep it balanced

[Anonymous No.13758052]

>>13758009
Yes I understand the concepts. What I'm asking is
>if this thing is going to rise in value, why should I spend/sell/exchange it now?
Inflation encourages spending which encourages economic activity. If too many people stopped spending and investing in order to switch to hoarding the currency, we would see a large economic slowdown on a nation wide level. It's a country's expression of greed.

[Anonymous No.13758066]

The downside to playing the waiting game is time.
I'm 36 now. In 29 years I'll be 65. Realistically a AMRN buyout won't happen till next year (or hell if I get real lucky end of this year). Which in an of itself don't mean shit, still get a shit pot full of money before age 40.

But the part that works against me is my T babies. The longer the buyout takes (and I get my Profit), the shorter time I got to let my T baby Divvy grow before age 65. The only way to counter this is to buy more T babies which eats into my AMRN Profits more.

[Anonymous No.13758077]

>>13758052
> Promoting Keynesian cargo cultism.

[Anonymous No.13758102]

>>13758077
These are facts. What do you think would happen if 80% of the people in this country started spending as little as possible and not investing in business?

[Mr. Steal ur gold !NiOVxJewL2 No.13758105]

>>13757612
>>>13757557 (You)
>Much like modern fiat currency, bitcoin supply is theoretically unlimited right? Just like printing money. Subject to inflation.
Peter Sniff, is that you? Bitcoin supply is limited, Bitcoin forks are not but that's not BTC and Bcash proved us BTC is forkproof
You can't print more bitcoins than decentralized system allows to. There's a reason why it's not liked by govmnt, govs need to control it, you can't control what doesn't have central control point like central bank.
> If it ever does become used as major currency, you're going to have a lot of it for many people.
You're gonna have a little for it for many people
> But what is Bitcoin backed by? A private company? Mickey mouse dollars.
What is gold backed by? Do you even block chain?

>>13757664
Relax we'll be Gucci just look at their Iran bans, we dab on em on monthly basis, Denmark is standing in way of NS2 is much bigger issue for us EUs

>>13757671
I'm not really arguing bitcoin being new gold, there are reasons I own more gold than anything else
>rubs hands
>>13757671
>Even if people pay premium to use crypto as the future global currency
The case for btc is rather opposite meaning you will pay premium if you're not paying in crypto
>why would they use bitcoin instead of crypto X that will be invented in the future?
well LTC is literally designed for what BTC is not - paying or you coffee, where I live it's already a thing for coffee shops to accept LTC. But reason BTC is BTC and nothing else can be like it is exactly this, with liberty of crypto space projects popping every day BTC is ensuring there is store of computational power, value and base to rate others against. It's not really something BTC is afraid of and there is BCH to prove it.
Also BTC will get lightning upgrade so speed wont be issue, fees might imo

[Anonymous No.13758119]

>>13758077
>the highest growth rates in history happened during the era of Keynesian policies
it's like you neoliberals like to get dabbed on

[Anonymous No.13758131]

>>13758052
Bankers and central bankers and governments wouldn't and don't like it for this very reason among others. Bitcoin will be a vehicle for speculation until it's abandoned or starts to approach a stable price. Then it would make sense to spend it.

[Anonymous No.13758156]

>>13758066
...why not just start buying long call options? Theres no reason actually to own the underlying of a stock you expect a buyout to happen on, just sell the option for profit in the future or execute it while the buyout is underway. Use the savings to buy more divvy stocks today.

[Anonymous No.13758164]

>>13758105
>Bitcoin supply is limited
It might be but the amount of new meme coins that can be created is not

[Anonymous No.13758168]

>>13758119
real gdp per capita has been very steady past 100 years, it is only gdp that is affected by population growth after ww2 in usa and europe that was higher signifcantly than now

[Anonymous No.13758176]

>>13758168
And using broken window economics is insanity.

[Anonymous No.13758189]

>>13758131
That makes more sense. Thank you. Heres my next question.
>abandoned
So at this point it would be worthless?
>stable price
What would that price be? Less or more than it is currently? And how would it get there?

[Mr. Steal ur gold !NiOVxJewL2 No.13758201]

>>13758164
That's exactly why BTC looks to be the king for years to come. Again, look at BCH fiesta, it was #1 coin for less than 12 hours

[Anonymous No.13758204]

OK LUNCH IS OVER. LET'S GET BACK INTO THE GREEN A LOT HIGHER OK??

[Anonymous No.13758209]

>bitcoin in /smg/
my God, you all went broke, didn‘t you?

[Anonymous No.13758218]

>>13758209
It's worse than trip drama

[Anonymous No.13758276]

Big rally! KBLB not moving tho. They have a factory. They're gonna start selling this stuff soon. Why no investors?

[Anonymous No.13758292]

>>13757982
after wall is built you need to increase patrolling waters as people will try to get in in small / cargo ships etc

[Anonymous No.13758305]

> The Russian central bank has announced that it added a further 500,000 ounces (5.6 tonnes) to its gold reserves in April, keeping it ahead of China in its announced monthly gold accumulations, but a little below its March figure of 600,000 ounces.

[Anonymous No.13758315]

>>13758292
Why do they keep trying to get here? Is it because we're better than them?

[Anonymous No.13758317]

>>13758105
>well LTC is literally designed for what BTC is not - paying or you coffee, where I live it's already a thing for coffee shops to accept LTC. But reason BTC is BTC and nothing else can be like it is exactly this, with liberty of crypto space projects popping every day BTC is ensuring there is store of computational power, value and base to rate others against. It's not really something BTC is afraid of and there is BCH to prove it.
>Also BTC will get lightning upgrade so speed wont be issue, fees might imo
Given that in the modern world most trade relationships are for dealing with large corporations, and increased automation will also make large companies becoming even more and more advantages, I think in the future they will simply be replaced by company coins. Like Tencent Q Coins in China

By the way which crypto thread are we in now?

[Anonymous No.13758318]

>>13758305
Where did they get this gold hmm

[Anonymous No.13758321]

>>13758168
again, you're missing the point. SDR already exists and there has been an observanle ,although admittedly not very significant, trend that supports its role at least as a reserve currency for the world economy.
the question is why would the major governments and financial institutions of the world move away from that trend for bitcoin. arguing with KEYNESIANISM BAD right now almost feels delusional.

[Anonymous No.13758329]

>>13758189
If I knew that I wouldn't be in this conversation. Either more, less, or same, but I've got a 1.5 BTC suicide stack.

[Anonymous No.13758337]

>>13758315
poverty and corruption etc. also very dangerous some south american countries you have to pay cartells to do any business etc

[Anonymous No.13758340]

i know you faggots get a post like this every fucking thread, but i'm 18, heading to bschool next fall. what should i invest in/start learning about investment? i don't have anywhere near enough money to start but i've got a ToS account and a lot of free time.

[Mr. Steal ur gold !NiOVxJewL2 No.13758342]

For those who are too boomer to know and those who just forgot it was a thing when Bitcoin cash was created either by mutual decision between BCH and exchanges or just by their own will all major exchanges converted your bitcoins into Bitcoin cash. Bitcoin cash held #1 spot for hours while everyone was converting their BCH into BTC. This fiesta can be used an precedent why BTC was us and probably will be #1. Even force convertioncoukdnt dethrone it.
>>13758317
Currently liking LTC to 110-170 , bIt of ADA, bit of Eos, XMR and I think that's it from heavy lifters

[Anonymous No.13758344]

>>13758317
>company coins
So, the coin is only good as long as the company is above water? So by holding another company's coin you're investing in it? And you are only allowed to do business if you use their special coin? So consumers would be holding coins from various companies?

[Anonymous No.13758347]

>>13755714
I've done this 30 times. >>13755752
these faggots aint done shit. except for tax me so they got me pretty bad and I've paid 120 times for my troubles.

Shit boys how can you avoid or reduce paying taxes?

[Anonymous No.13758352]

>>13758347
Become a company

[Anonymous No.13758367]

>>13758340
Start learning first desu. If you dont, the market will teach you an expensive lesson.

[Anonymous No.13758373]

>>13758367
should i just read what's posted in the general or do you have any other/better suggestions?

[Anonymous No.13758380]

>>13758340
>Should I learn how to make money without laboring?
lol

>>13758347
Just don't pay them, lol. What are you, some sort of bootlicker cuck? IRS? More like Irate Retarded Suckers!!!!!!!!!!!!!!!

[Anonymous No.13758396]

>>13758373
what do you want to know about?

[Anonymous No.13758401]

>>13758347
Taxes are reduced via economic activity sans consumer spending. Donations, capital losses, anything spent to do business as a company, or as an indie. Lots of ways.

[Anonymous No.13758404]

>>13758373
It's literally free information. Just look up and read anything about the subject anywhere. The OP, youtube, google, your dad. Whatever

[Anonymous No.13758429]

>>13758373
Ror! Well you can certainly learn a lot from /smg/, just dont follow everything you here. Some of us are in risky positions. But by immersing yourself here, you'll catch on quick. From market predictions, longs and shorts, and options. Would recommend reading the sticky from OP. Investopedia is your fren!

[Anonymous No.13758456]

ITT: Retards

[Mr. Steal ur gold !NiOVxJewL2 No.13758462]

Now that I think about it there's lots of reasons to hold crypto in your portfolio and 0 reasons to not have 500-1000 of funny money in it

[Anonymous No.13758467]

>>13758380
what did the based NEET mean by this?
>>13758404
>>13758429
thank you brothers
>>13758396
right now im a little surface level, reading about options and such. but i feel im familiar enough with stocks. i just need help with picking/news scraping and figuring out how much/what kind of due dilligence is enough. so basically all the research lol.

[Anonymous No.13758468]

13758456
One post by this ID. No (you) for you

[Anonymous No.13758469]

>>13758456
t. poor

[Anonymous No.13758484]

>13758456
ID hid!

[Anonymous No.13758496]

>>13758467
You're not familiar enough with stocks until you collect a hard enough profit to cover your efforts. You've invested zero dollars, and zero cents, and have collected just as much. Never stop researching.

[BagholderExtraordinaire !kDjFcJuZkQ No.13758504]

>>13758462
My crypto holdings are the only fucking things that are green this year.

[Anonymous No.13758515]

>>13758496
ok, so don't just trust theory. i notice a lot of people invest in riskier biotech stocks, and im not fool enough to pretend i can handle such risky investment, but there seems to be a lot of focus on news and i was wondering how investors specifically in bio scan and filter various news sites to find info about their stock.

[Anonymous No.13758521]

>>13758504
Filtered

[Anonymous No.13758532]

>>13758344
>So, the coin is only good as long as the company is above water?
Yes, not really a problem for megacorps nowadays, although sometimes they will bankrupt in economic difficulties but they are rather rare
>So by holding another company's coin you're investing in it?
I won't say it is investing into the coin, instead it is more like cash coupon issued by those companies and the company can motivate people to use those coupon instead of actual cash by giving out discount and such
>And you are only allowed to do business if you use their special coin?
Smaller companies could also use coins issued by larger companies.
>So consumers would be holding coins from various companies?
Yes

[Anonymous No.13758534]

>>13758504
Ror! Baggie, I dont think you made a wise investment, I think you made a lot of bad ones. Please dont go bankrupt baggie. I'd miss you

[Anonymous No.13758549]

>>13758515
biotech stocks are riskier and more volatile, but it gives faster chance to collect on profits since they are so wish-washy.

[Anonymous No.13758556]

>>13758532
My point exactly. Pic related.

[Anonymous No.13758563]

I cannot take credit for this beautiful picture.

JUST WOKE UP: WHAT I MISS?!

>>13755205
There’s been some chatter about a Robinhood IPO this year. So that’s one way to make money.

>>13755242
Uhhhh... this goes against the wisdom of VTSAX: STACK IT UP

>>13758305
I’ve been posting about gold being bought up by central banks and that Russia and China are desperate to do so since they have such little gold reserve

I still don’t know how to start acquiring gold. I’d like 8% of my worth to be in gold, maybe 2% silver. But I don’t have a safe or anything, and I SHTF, I don’t think I’m going to be able to get in to a safety deposit box.

I have a few bond notes that I have the same problem with.

[Anonymous No.13758579]

I ain't to worried. I'm sure at the way things are going there will be another nice dip in the market end of this year or next. (Thanks Trump!)

Be able to bag T babies on the cheap (30.50 or under)

[Anonymous No.13758582]

>>13758563
If Robinhood has an IPO then I'm going to boil my boot and eat it.

[Anonymous No.13758587]

>>13758380
>>13758401
t-teach me

[Anonymous No.13758605]

>>13758587
The #1 easiest way to not pay taxes : Don't send them the money.

[Anonymous No.13758619]

/smg/ - Crypto & tripfags

[Anonymous No.13758620]

>>13758587
Duckduckgo is your fren, fren.

[Anonymous No.13758626]

>>13758605
> The #1 easiest way to not pay taxes : Don't send them the money.

How did none ever figure this one

[Anonymous No.13758637]

>>13758626
They were lied to since birth that it was right, proper, and inevitable that they must pay some man wearing a suit in some office their hard earned labor.

A guffaw of the highest margin, I say! Allow it to be my generous service to show you the light.

[Anonymous No.13758663]

>>13758637
unfortunately reading ayn rand does not exempt you from audits.

[Shot Caller No.13758671]

>>13758605
Excellent post truly inspiring reminds me of pic related

[Anonymous No.13758672]

>>13758469

Stop projecting

[Anonymous No.13758684]

>>13758619

These threads get worse every day.

[Anonymous No.13758690]

>>13758637
On the contrary. We put a small amount of money into a big pot, which our chosen officials use, on our behalf, for purposes which benefit the nation we reside in, namely laws that we elect on and volunteer's compensation for defense and public service. It got jacked up when some tards decided welfare was the way to go.

Still, I'm ok with taxes. It (should) benefit everyone. (Welfare gibs can go suck it. Dirty commies)

[Anonymous No.13758702]

>>13758663
Excuse me, you only have seven posts, where as I hold thirty-eight. You are not allowed to make fun of me, or reply to my posts negatively. Thank you for reading.

Regards,
-t. ard9CVZt

>>13758690
No your wrong

[Anonymous No.13758706]

>>13758690
Muh roads!

[Anonymous No.13758724]

>>13758690
>44 posts
yikes!

[Anonymous No.13758732]

>>13758706
Ror! Is this what an ancap looks like?

[Anonymous No.13758748]

>>13758724
>5 posts

[BagholderExtraordinaire !kDjFcJuZkQ No.13758751]

>>13758702
ok t.ard9

[Anonymous No.13758762]

>>13758637
Read my father's book. He died in jail.

[Anonymous No.13758775]

>>13758748

get a job

[Anonymous No.13758776]

>>13757802
>he doesn’t know yet
>he doesn’t know bsv shot up 60%’today

[Anonymous No.13758782]

no NO NO WHY IS IT GOING DOWN NOW NO PLEASE

[Anonymous No.13758803]

>>13758637

[Anonymous No.13758811]

>>13758775
Have a job. Good at it. Efficient. Have much time to do well, keep everyone happy, lift during lunch, browse /smg/, and watch markets, and go home at 5.

[Anonymous No.13758812]

you are all amerimutt hobby traders. that sux.

[Anonymous No.13758835]

>>13758706
I didn't ask for those roads. There was no agreement as to the price of those roads. I would have been fine with dirt roads and would have maybe sprung for gravel if the price was right. I did not consent.

[Anonymous No.13758845]

Haven't seen pendulum in a while. Has he abandoned all hope for GALT?

[Anonymous No.13758849]

>>13758812
Ror! Impressive gains. Is that your lover?

[Anonymous No.13758877]

>>13756767
Were You molested, Stephen? Well then why do you have all those guns?

>>13757065
You mean, the metals that surged 86% on their exchange last night?

[ZoomerFag No.13758883]

LCI to $100!

[Anonymous No.13758918]

>>13758849
its me you faggot paedophile lmao.

[Anonymous No.13758931]

>>13758782
I stay away from pharmacy and bio. Way too volatile

[Anonymous No.13758936]

>>13758918
definitely not

[Anonymous No.13758958]

>>13758556
Tencent's experiment in China about it was pretty successful until the government tell them no, they can't replace Yuan with their QQ coin, and thus they have to cut back their plan

[Anonymous No.13758994]

>>13758931
Big pharma is not very volatile, been steadily gaining in Merck since buying the Bernie Beatdown.

[Anonymous No.13759036]

Chinese state media broadcasted an interview with Huawei's founder and CEO and said they have already take away the weak one and now the entire company is ready to fight with high spirit, and claim other companies are not capable of reaching their level of technology in two or three years time

[Anonymous No.13759053]

>>13758209
Not that /SMG/ went broke, but more that cryptokiddies are realizing that the house of cards is going to tumble down now that Craig is Satoshi. So they come in here shilling bullshit to this thread full of what they think are boomers so they dont get left bagholding. In reality, we are all mostly the same age. Some of us are simply less retarded than others.

[Anonymous No.13759094]

>>13759036
Is it because other companies don't have as many thieves posted in other businesses?

[Anonymous No.13759099]

>>13759053
Ohhh that makes sense desu.

[Anonymous No.13759102]

AAAAAHHH I SLEPT THROUGH THE CGC NEWS AND MISSED MY CHANCE TO BUY THE DIP

MISSED THE DIP IN AAPL TOO!!!!

I miss you tim...

[Anonymous No.13759178]

>>13757796
It's too hard to tell. I would wait at least 1 month so an actual trend forms.

[Anonymous No.13759192]

how little volatility would you like, senpai?

[cian No.13759225]

GET THIS CRYPTO GARBAGE OUT OF MY THREAD REEEEEEEEEEE

[Anonymous No.13759251]

>>13759094
It is because that was a propaganda aired on Chinese state media

[Anonymous No.13759293]

sup /smg/

[Anonymous No.13759316]

>>13757629
Yeah if you have patience to wait till next year this is definitely a buy. Don't expect a big payout soon but this is what I call value investing.
I personally have 60K in $FNMA (bought when it was 50 cents 10 years ago). I've been lost at see and now finally starting to see land... if the reports are correct, and the IPO takes place by next year, it means those housing giants will finally get out of government hands and start paying dividends. Stock prices will surge. The positive news from FHFA director already moved the price by 10% in both companies in one day. Even though the last dividend payout was in 2008 before the bailout. Imagine what will happen when they finally raise new capital and it goes private.

[Anonymous No.13759400]

NEW!!!!!

>>13759392

>>13759392

>>13759392

>>13759392

[Anonymous No.13759671]

>>13755956
Airline company barely make 4% profit margin. I went to schoool for it. Their profit margin is insaley low

[Anonymous No.13759707]

>>13756846
This. Never pay your mortgage off early. Invest the money in a “mortgage account”. Buy a new fucking house with your fat ass down payment you have now when you pay off your old one-instead of just paying the old one off a few year early

[Anonymous No.13759918]

>>13758877
STEVEN! WATCH OUT! YOU‘LL NEVER GET A GIRLFRIEND!

Oh nooooooooo! He can‘t hear us he has his airpods in! oh god oh fuck!

[Anonymous No.13760558]

Okay anon. Shill to me why I should buy SV in 2 days even if it hits 500$ where my moon boys at????