/smg/ - Stock Market General

[Anonymous No.19705170]

2020: the year that everyone forgot about Epstein

>Brokers
https://pastebin.com/F1yujtVq

>Stock market Words
https://pastebin.com/VtnpN5iJ

>Risk Management
https://pastebin.com/sqJUcbjp

>Live Bloomberg Stream
http://www.livenewson.com/american/bloomberg-television-business.html

>Educational Sites
https://www.investopedia.com/
https://www.khanacademy.org/economics-finance-domain
https://nhentai.net/tag/repurchase-agreement/

>Free Charts
http://www.tradingview.com
https://www.finscreener.com/

>Screeners
https://finviz.com/
https://www.tradingview.com/screener
https://etfdb.com/

>Pre-Market Data and Live Data
https://www.investing.com/indices/indices-futures
https://finance.yahoo.com/
https://www.msn.com/money

>Bio-pharma Catalyst Calendar
https://biopharmcatalyst.com

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

>Dividend Reinvestment (DRIP) Calculator
https://www.dividendchannel.com/drip-returns-calculator/

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

>Misc
https://squeezemetrics.com/monitor
https://market24hclock.com/
https://tradingeconomics.com

>>19702288

[2 scoops !!DU22SQMj6dQ No.19705200]

>>19705170
First for fuck bobo

[Anonymous No.19705206]

Tvix for the win

[Anonymous No.19705215]

>>19705170
Dubs decides my next purchase
If trips i also sell off underperformers to go in on it

[Anonymous No.19705222]

Famous trader quote of the day.

[Anonymous No.19705223]

where do I invest for long term robo-waifu technology? I'm not a weeb but that market's gonna fucking blow up in a few years.

[Anonymous No.19705234]

>>19705215
NKLA

[Anonymous No.19705257]

>>19705222
buahahaha thought so
fuck retarded etf investor

[Anonymous No.19705259]

>>19705209
i can sell you snake oil for $50,000 a gram and as long as theres some sort of complicated mystery to it like "decentralized, trustless , blah blah blah"

then you can convince millions of people to buy into your ponzi scheme for years

and pay any amount you want as long as its that convincing to enough people

and most people are stupid retards

bitcoin should have came out and never gained popularity it would be runescape gold. like wtf why the heck would i care about someone printing their own money when its not backed by gold

thats worth less than paper

because now its just digital. digital coins are worth less than the paper its printed on

satoshi should have just handed out pieces of paper with the word bitcoin on it it would have more value than a bitcoin

[Anonymous No.19705266]

You retards are fucked. Good luck.

[Anonymous No.19705283]

I hope you’re at the very least mostly cash, my brainlet bullnigger bros. They’ll bait you with a green Monday and Tuesday but the * clack * is getting REALLY loud now...

[Anonymous No.19705291]

>>19705222
Damn, that's a retarded quote. Oof, cringe, yikes!

[Anonymous No.19705293]

im buying the dip :D

[Anonymous No.19705301]

RIP Mumu, we hardly knew ye.

[Anonymous No.19705302]

>>19705258
>The system is the tech, and it is tech. The money is just an artifact of the tech. It's not needed for the tech, and vice versa.


how does a system that doesnt do anything "tech"

thats like saying terry davis operating system is a new tech because he created his own operating system that shoots out swords and bible games

thats not tech thats literally the inner workings of a ponzi scheme that you invested into that youre claiming is new tech

new tech is something that improves our lives

trading runescape gold we already had that but jagex had no reason to make it owned by everyone independently theres no function

[Anonymous No.19705308]

>>19705215
NOG

[Anonymous No.19705312]

>>19705257
He likes etfs, he just doesn't like 30 stocks from 10 different industries, he believes investing in an industry that your knowledgeable about.

[Anonymous No.19705318]

>>19705215
WMT & TGT 50/50

[Anonymous No.19705321]

>>19705301

[Anonymous No.19705330]

>>19705302
>plastic thot redd!tposter
>clinically retarded
Checks out.

[Anonymous No.19705331]

>>19705215
AVCT

[Anonymous No.19705336]

>>19705312
then he's retarded as well and shouldn't give advice

[Anonymous No.19705337]

>>19705215
SSL

[Anonymous No.19705349]

It's sad driving by closed down businesses
A movie theater near my work had "Thanks for the memories" on the sign where they would normally be telling you what movies they're showing.

Lots of houses for sale already, lots of businesses with "for lease" signs in front.
I'm still making as much money as ever, but it makes me stop and think about the smaller men, who are having their hopes and dreams crushed. It's a sad time for some people...

[Anonymous No.19705350]

>>19705222
> Bill Gates never diversified
Why does Bill Gates own Berkshire-Hathaway stock?
Why does Warren Buffet diversify?
Has Mister Rogers here ever heard of survivorship bias?

[Anonymous No.19705365]

>>19705336
He started the Quantum fund with George Soros, they made 4200% return in 10 years.

[Anonymous No.19705374]

satoshi should be arrested for the biggest ponzi scheme of all time

oh dont worry its just a decentralized currency not something that im trying to increase the value of and attract new investors and increase the price of it

while providing zero services to anybody

[Anonymous No.19705376]

>>19705349
What state are you in?

[Anonymous No.19705379]

>>19705365
soros is terrorist
might as well praise rothschild

[Anonymous No.19705382]

Stocks up or down... buy or wait...
Huge crash or pump...
Cant stop thinking about it it drives me nuts

[Anonymous No.19705395]

>>19705382
>he hasn't taken the "buy stocks at a decent price then forget about them for 10 years" pill

[Anonymous No.19705403]

>>19705379
I'm not agreeing with Soros politics but no reason I shouldn't learn from them.

[Anonymous No.19705404]

>>19705349
they can get low interest loan next year and start another business
that's what the money printing is for

[Anonymous No.19705414]

>>19705395
remember folks, you technically haven't lost until you sell

[Anonymous No.19705417]

>>19705404
Low interest is only for the banks. The little man gets huge interest so that the big man can get a slightly smaller interest despite being a zombie on the verge of bankruptcy.

[Anonymous No.19705420]

>>19705395
>he doesn't use margin to maximize gains or go bust since middle ground isn't an option

[Anonymous No.19705425]

>>19705259
Consider paper gold. You will never see “your” gold, you just have to trust that it is there, safe in the vault. Now consider a fictional paper gold company that started selling portions of the identified gold in some asteroid. The gold is quite safe there, and it exists, essentially this should work like any other paper gold. Imagine that such a company started, and took off. The most important part of such a scheme, if it worked, would be the tech they used for keeping track of gold ownership. Havking their database would be a much more realistic threat than somebody going up to the asteroid and stealing the gold. For normal paper gold companies, the same is true. It seems like their big asset is the gold, but the big risk to investors is not that the gold is stolen from vaults, it’s that the database is hacked, or destroyed, or that the paper gold company exit scams. In other words, the value of a paper gold company is almost entirely in their infrastructure rather than in the physical gold, regardless if investors understand this nuance or not.
Bitcoin is the realization that the physical gold inbthis scheme is so irrelevant, it can be evicted from the equation entirely, the gold doesn’t even have to exist on an asteroid, much less in a vault. Instead, the bitcoin paper gold project is about creating the most secure database infrastructure in the history of mankind, and having that be the actual asset. To my mind, that means it is less risky than a paper gold investment. If you think all paper gold is useless, then yeah, I’m not going to sell you on bitcoin. But I prefer physical gold > bitcoin > paper gold, and since bitcoin and gold are the inverse of each other (physical gold is a distributed SOV that doesn’t need a ledger tracking ownership, bitcoin is a distributed ledger that doesn’t need an underlying asset) there are use cases where one is sometimes better than the other.

[Anonymous No.19705435]

>>19705283
why did you zoom in to make it bigger than it is
this drop is smaller than any of the previous ones on the recovery

[Anonymous No.19705443]

>>19705395
Buy and hodl is dead is apparently the new pill

[Anonymous No.19705453]

>>19705435
Why are you desperately trying to cope, you retarded poorfag?

[Anonymous No.19705465]

>>19705350
Warren has explicitly said he is against diversification as a principle.

[Anonymous No.19705471]

>>19705453
>cope
but it's literally a smaller drop than any of the previous ones. do you know what cope means retard??

[Anonymous No.19705472]

>>19705349
This is the nature of our life anon, some people are born to sheep and will die sheep.
My eyes were opened to this when I first started learning to invest and trade - during the prelude to the March crash I came to the realization that maybe a quarter of the I will walk across today may be out of a job next month, homeless or even dead and they just don't it. This is probably how God thinks everyday.
Soon you will grow detached to it all - same as you would to all trap and gore posting on this site - and will eventually come to understand that you're not the bad guy in this story.

[Anonymous No.19705478]

>>19705465
Then why is he diversified? Why does he diversify BRK's holdings?

[Anonymous No.19705481]

>>19705215
TVIX

[Anonymous No.19705484]

>>19705350
Buffet is Bill Gates' mentor. And Warren Buffet missed so many winners at this point.

[2 scoops !!DU22SQMj6dQ No.19705485]

>>19705223
If you aren't meming, it's far enough off that you ought to try investing in cutting edge ML in general.
For that, try NVDA (best set-up for deep learning), GOOG, FB, and dig through the underlying assets of BOTZ with the etfdb website.
BOTZ itself is shit. Massive expense ratio and some stupid pics in there.

[Anonymous No.19705486]

>>19705174
You clearly missed out in 2017 and it shows lmfao

[Anonymous No.19705487]

I make money.

[Anonymous No.19705490]

>>19705443
Just because it's new doesn't mean it's good.

[Anonymous No.19705491]

>>19705425
well when you have a currency backed by gold youre supposed to be able to go redeem it at any bank you want like many different banks

theres not just going to be one bank

if a bank exit scams then the whole society can punish you if they find you

thats the only way currency is supposed to work

this fiat it doesnt matter what you think its still worth zero

you could have terry davis program 10 trillion different bible games in his OS and make it the most fully functioning bible OS and have it still be worth zero dollars

you cant make a currency based on trading air

currency comes from gold and silver

or the government forcing you to use theirs

[Anonymous No.19705492]

>>19705374

wrong thread retard

[Anonymous No.19705504]

I can't wait for monday.

>Would not be surprised if it was green tho

[Anonymous No.19705510]

>>19705484
Is that possibly because of a lack of diversification?

[Anonymous No.19705514]

This look familiar?

[Anonymous No.19705519]

>>19705491
Right, but despite what many people will claim, bitcoin is not a currency and is not treated like one by the IRS. Bitcoin is an asset, just like paper gold, and that’s what it should be compared to.

[Anonymous No.19705523]

>>19705472
i am so terrified to die or see all my family die because i am the youngest, my life has been comfortable my entire life, i just cant.
yet i am also terrified at living forever and eventually forgetting most of my memories

[Anonymous No.19705530]

>>19705514
Also this, thoughts?

[Anonymous No.19705531]

>>19705510
no he could got rid of his boomer stocks, and picked nice growth stocks. But I guess Warren buffet investing is way easier.

[Anonymous No.19705533]

>>19705519
its not an asset any more than terry davis and his collection of bible games and his kernel is worth value

do you want to pay for TEMPLE OS?

ok then dont say bitcoin is "tech" or an "asset"

[Anonymous No.19705538]

>>19705283
Did we have daddy Powell unlimited brrrr 3 months ago? don’t think so
Yeah it is probably nothing

[Anonymous No.19705539]

>>19705215
Nvax.

[Anonymous No.19705540]

>>19705510
you discuss like a retard

[Anonymous No.19705557]

>>19705531
I'll give credit to Warren buffet for buying apple stock

[Anonymous No.19705585]

>>19705487
nice

[Anonymous No.19705588]

>>19705485
This is solid advice. Ai trade will only get more crowded imo.

[Anonymous No.19705595]

>>19705215
CAKE

[Anonymous No.19705596]

>>19705485
thanks a bunch man. I'm not memeing, I do genuinely think it'll be a lucrative market.

[Anonymous No.19705605]

>>19705533
You missed out on 2017 and it's obvious

[Anonymous No.19705609]

>>19705540
> hates questions he cannot answer

[Anonymous No.19705613]

>>19705215
SWBI

[Anonymous No.19705624]

>>19705605
i also missed out on bernie madoffs peak
when he was paying people mad dividends from other people

XD

bitcoin its hard for it to reach zero because it was the most convincing ponzi scheme in world history and got on the news and will take like 30 more years till not a single crypto exchange is even bother hosting that garbage

[Anonymous No.19705626]

>>19705609
why are you retarded?
is it because you're retarded?
are you retarded since young?
are you retarded before you're old?

see how annoying that is?

[Anonymous No.19705639]

>>19705376
IL -- Dupage

>>19705404
by that time people will be watching movies at their house on 77 inch OLED TVs, and eating food delivered to their houses by Amazon drones
I don't think that a lot of these businesses that are going down now are going to start back up. Just to throw around random numbers, let's say that 40% of non-chain restaurants, movie theaters, etc. close down in the next 1-3 years (maybe a low estimate). I don't think you'll see the same number of them coming back. Maybe half of that number at best, over the next 5-10 (probably much less than that). Peoples' habits will change, or bigger business will step in and fill that marketshare much more quickly than individual entrepreneurs can

[Anonymous No.19705649]

>>19705626
> hates questions

[Anonymous No.19705663]

How do i find out with nice chart how much is going into shorting

[Anonymous No.19705667]

>>19705215
XLU

[Anonymous No.19705674]

>walk in
>"THE SKY IS FALLING! STOCK MARKET CRASH IMMINENT! AAAAAAAA"
>walk out

we'll see I guess

[Anonymous No.19705676]

>>19705215

SSL and/or IVR

[Anonymous No.19705679]

>>19705478
once you have half a trillion dollars you can't help but diversify.
WB's quotes about not diversifying are targeted at people who aren't him, people like us who have less than a billion dollars.
When you're pushing a few thousand or a few million, you can put all of your money in one or two companies with much more ease.

That said I'm extremely diversified, I'm not trying to make an argument on the point one way or another.

[Anonymous No.19705686]

>>19705215
Sex with a hooker

[Anonymous No.19705692]

>>19705215
TVIX or IVR

[Anonymous No.19705696]

What's the best broker (if any) for an American citizen temporarily living in Canada?

[Anonymous No.19705698]

>>19705686
Hookers don’t wash their vagina. Ever

[Anonymous No.19705701]

>>19705679
I agree with that, if you get a lot of money, you want more bonds and income stocks but if you like everyone else trying to get make money trading, income is so marginal its useless.

[Anonymous No.19705707]

>>19705696
Cant you just use Fidelity or Ameritrade? I imagine they operate in Canada, right?

[Anonymous No.19705730]

>>19705215
SGOL

[Anonymous No.19705737]

Next week for covered calls I am doing SWBI, CCL, and KR. SWBI and KR are quite solid. CCL is a bit of a gamble. You can also try Oracle, they are decently safe but also less rewarding. Last week I did CHWY, GME, and PLAY. CHWY and GME were good, but PLAY did not work out as well (just as I feared). Remember to do your own research!

In other news, you might want to learn about bonds. If you go to your brokers bond search, you can search for bonds with certain ratings and Yield to Maturity. The rating indicates the likelihood of bankruptcy, with A's being near zero, B's are safe-ish, and low B's and C's are probably going bankrupt. The yield to maturity is the percentage per year you make by holding the bond. This means if you bought a bond at 12% YTM, you're effectively earning 12% guaranteed per year. If a company does go bankrupt, it doesn't necessarily mean you lose everything either, you might still receive partial payment or shares/bonds in a new company if it survives a restructure.
I have bought Nordstrom, Royal Caribbean, and US Steel bonds for 10%+ YTM.

[Anonymous No.19705739]

>>19705698
you just cursed my whole night now i cant get the fish smelling vagina out of my thinking im haunted

women CANT clean inside their pussy how the fuck would you

theyre all gross

[Anonymous No.19705749]

>>19705613
OLN pays a 6% dividend.

[Anonymous No.19705751]

>>19705215
Credit Suisse

[Anonymous No.19705759]

>>19705533
bro there is no reason to say anything negative about Terry or TempleOS at this time.
Please do not do that


>>19705701
that's not necessarily my opinion on it
I would only suggest the "go hard in one or two stocks" thing if you really know what you are doing. That's for if you spend multiple hours a day researching companies and really have a lot of knowledge about a few of them; even then it probably won't work as well for you in 2020 as it did for Buffett in the 70's and 80's.
Those quotes about not diversifying are only for people who are highly intelligent, diligent, and motivated to put 50 hour weeks of smart work into the stock market for years.
For people who don't have that kind of time or intelligence (most of us here), it's more important to follow Buffett's Rule #1 first. Follow Rule #1, and then follow Rule #2. Don't worry about the other stuff until you master those two first :^)

[Anonymous No.19705770]

>>19705739
Women can put a tube up ther and wash it out with water and stuff. Also known as douching

[Anonymous No.19705775]

>>19705749
Why not both?

[Anonymous No.19705779]

>>19705484
When you have BILLIONS you dont need to catch EVERY winner.... You are a poor investor, Buffett is a RICH investor!

Help yourself and stop being STUPID!

[Anonymous No.19705783]

>>19705759
im not i like terry

i was saying if you would pay for bitcoin you might as well pay 9000$ for temple os

thats how fucking far off it is

bitcoin just used a bunch of propaganda videos in 2009 like decentralized , trustless and people forgot it was selling air in a bottle

[Anonymous No.19705785]

>>19705730
literally that’s my repost. 4:53.

suck it desktop users. this a phone board now

[Anonymous No.19705787]

>>19705779
>not always want to gain more
NGMI

[Anonymous No.19705789]

financial sector collapse when? September?

[Anonymous No.19705793]

>>19705696
Vanguard, Vanguard, Vanguard!

[Anonymous No.19705794]

>>19705215
EVK

[Anonymous No.19705800]

>>19705707
I might end up living there for a while so i'm mostly concerned about taxes. But yeah i'm thinking Fidelity should work well.

[2 scoops !!DU22SQMj6dQ No.19705808]

>>19705759
>>19705783
I can't believe the TempleOS meme has made it to /smg/.
I have had tech co-workers that are fine at using Linux and have never heard of TempleOS.

[Anonymous No.19705813]

>>19705215
russian rubles

[Anonymous No.19705818]

>>19705759
>Those quotes about not diversifying are only for people who are highly intelligent, diligent, and motivated to put 50 hour weeks of smart work into the stock market for years.

IE, An actual trader. I usually have 4 or 5 max stocks and I get rid of the worst one if I find something new.

[Anonymous No.19705823]

>>19705624
Look anon no money is real money these days. Not even gold and silver. If they were they would have appreciated FAR more than they have over the last decade, but they haven't. No money is real. Currency is not a real thing, nor are stores of value. Final use items have value and that's it. Everything else is an abstraction with zero objective value beyond what we place in it. This means crypto is every bit as realistically valuable as anything else

[Anonymous No.19705824]

>>19705484
>>19705779
When you manage billions, the game is totally different. You could single highhandedly buy out companies in a hostile take over. In the last Berkshire meeting, Buffet said 100 million is basically nothing to them.

[Anonymous No.19705826]

>>19705787

[Anonymous No.19705827]

>>19705696
Ask the american brokers if you can sign up from Canada. If you're a citizen I don't see why you couldn't use them. If this works keep in mind you would have to file US tax return on those trades if you haven't been already.

[Anonymous No.19705836]

>>19705775
Can't argue with that.

[Anonymous No.19705837]

>>19705739
It's self-cleaning, basically oozing all of the filth from the interior outward by shedding the mucousal lining so that a light washing of the opening accomplishes necessary maintenance.

[Anonymous No.19705839]

>>19705443
Buy and hold (a leveraged ETF) works though. I mean, you could also buy and hold on 3x+ margin I guess, but the margin fee is typically through the roof compared to ETFs. If you can get your alpha by trimming an ETF's holdings or by picking better, it's probably worth it. Good luck with that though.

[Anonymous No.19705840]

>>19705779
Buffet got rich with daddys friends. His stock started at 6000 in the 60s.

[Anonymous No.19705841]

>>19705222
>NOOOOO YOU CANT GET RICH SO EASILY WITH DAY TRADING!! INVEST WISELY!! DIVERSIFICATION IS BESTIFICATION!! DOLLAR COST AVERAGING! ROTH IRA!!!! VANGUARD ETFS! 1% RULE! FUNDAMENTALS!

[Anonymous No.19705842]

>>19705827
>pay tax willingly
NGMI

[Anonymous No.19705848]

spy red or green on monday?

[Anonymous No.19705856]

>>19705827
Good tip thanks Anon

[Anonymous No.19705858]

>>19705842
oh by all means be a tax cheat and see how that works out for you

[Anonymous No.19705859]

>>19705696
As an american citizen you can use american brokers. TDAmeritrade for you.

[Anonymous No.19705861]

>>19705848
EVERYTHIN WILL BE GREEN

[Anonymous No.19705862]

>>19705215
doge coins

[Anonymous No.19705865]

>>19705848
Maybe a little green but dips after cause of JPOWs hearing.

[Anonymous No.19705866]

>>19705848
digits confirm green

[Anonymous No.19705867]

>>19705823
god only made a certain amount of gold in the earth

that you can never create more

it is a real thing because god made the monopoly and deflation of it

even dirt has a value you can use as a currency it would just be worth a lot less than gold because the rarity

all natural resources have a value

digital things are the only things which dont actually have value

so you picked the worst store of value possible

gold and silver doesnt have to raise in price for it to be money in fact thats what people like is that it retains value for all of human history not because its mooning into mars

[Anonymous No.19705868]

>>19705818
I have around 100 different stocks and ETFs across multiple brokerages lol. I just like buying stocks! Buying stocks is sort of how I watch them; if I buy a few hundred dollars worth, I'm more likely to keep track of the price movement. And once I buy it, if it goes red but I still like it, I keep buying more.

what are your four or five stocks, if you don't mind?

[Anonymous No.19705869]

>>19705858
i will pay the tax + fine and then set up offshore account for tax free trading

[Anonymous No.19705875]

>>19705514
Please look at this

[Anonymous No.19705877]

>>19705866
Digits confirm red

[Anonymous No.19705879]

>>19705862
Seconding this

[Anonymous No.19705881]

>>19705824

[Anonymous No.19705886]

>>19705837
oozing all that ooze out and making the entire room smell like fish

thanks for scarring me for life

people who would eat a vagina are mentally sick.

[Anonymous No.19705888]

>>19705222
This is one of those quotes that can be widely interpreted but its generally true. If you want to make a lot of money, you don't invest in every company you find, then you just perform the same as everyone else. You find the companies that are better, and invest it all in those.

[Anonymous No.19705889]

I'm fucked!!

>>19705283
>green Monday and Tuesday
I'm fucked.

>>19705266
OH GOD I'M FUCKED

>>19705465
in the 80's?
Believe it or not, in recent years he encourages buying the index. Perhaps he learned something seeing intelligent investors get blindsided and go bust.

[Anonymous No.19705890]

>>19705877
you don't wanna do this

[Anonymous No.19705893]

>>19705215
bitcoin

[Anonymous No.19705895]

>>19705283
I hope you don't own any puts, anon. Monday is going to gap way up and all of next week will be bullish.

[Anonymous No.19705899]

>>19705858
It’s almost like the only reason people pay taxes is because the IRS will completely fuck you if you don’t. I’ve heard the penalties are outrageous. If you don’t pay them or negotiate them down, they eventually arrest you.

[Anonymous No.19705904]

>>19705840
Nigga:

[Anonymous No.19705905]

>>19705867
>he hasn't taken the alchemypill

[Anonymous No.19705907]

>>19705824
That's also literally how buffett made 100% of his money, he never 'invested'. He bought out enough shares to get, by himself or with other investors that he managed to turn, a majority to enable a hostile takeover. After that he got more priority equities and such from financing deals and other similar activities and let his employees do the rest.

[Anonymous No.19705914]

>>19705794
This is the kind of suggestion that would be nice before the jump

[Anonymous No.19705922]

>>19705848
spy +0.00%

[Anonymous No.19705925]

>>19705890
Say it again

[Anonymous No.19705926]

>>19705222
I managed not to go completely belly up by going 50% airlines and 50% tech and med this time. I guess he's right though, I plan on holding so I might as well just be 100% airlines. The talking heads have been so far off and the press is so full of shit, I've just gone off gut instinct and done pretty good. There is no such thing as safe in this market.

[Anonymous No.19705927]

>>19705840
For you Nigga:

[Anonymous No.19705929]

>>19705899
>It’s almost like the only reason people pay taxes is because the IRS will completely fuck you if you don’t
Well... yes? You pay taxes because it's the law and the law don't take kindly to being ignored.

[Anonymous No.19705931]

>>19705867
Now you're factually a troll. If that's your concept of why gold is valuable, you absolutely can not say Bitcoin doesn't have exactly the same property that makes it valuable. Quit shitting up the board

[Anonymous No.19705937]

>>19705922
OUT OUT OUT

[Anonymous No.19705947]

>>19705929
only poor people pay tax willingly

[Anonymous No.19705951]

>>19705931
ur 5 years old and theres hundreds of industrial uses for gold

bitcoin the code can be copied and you can make infinite new cryptocurrencies

you can even make your coin only have 1 coin it doesnt make it worth ANYTHING

why not just make bitcoin only have 10 coins and then you keep 9 of them

and see what people will pay for the 10th one

HAHA U LOSER 6 YEAR OLD

[Anonymous No.19705956]

>>19705904
I actually correct myself it did not start at 6000, but his dad was a connected guy.
https://en.m.wikipedia.org/wiki/Howard_Buffett

[Anonymous No.19705958]

>>19705737
Is there a reason for favoring CCL over nhcl? I had good luck good luck with CCL most of April til the price shot up left me behind. Do you think mid twenties will just be its new normal for the rest of June?

[Anonymous No.19705957]

>>19705929
It takes awhile before they arrest you. You have to ignore them for years

[Anonymous No.19705961]

>>19705783
templeOS was based what are you on about nigger?

[Anonymous No.19705965]

>>19705886
>>19705867
>>19705783
>>19705739
>>19705624

Stop posting ugly bug people. And please learn to use punctuation. It doesn't make you cool to pretend apostrophes don't exist and that every sentence needs to end with double spaced line breaks.

[Anonymous No.19705974]

>>19705947
You realize brokers report your trades directly to the tax man, right? It's not on the honor system. If you wanna be a smarty pants you need to exploit completely legal loopholes to decrease your tax payments.

[Anonymous No.19705975]

>>19705931
Fuck you and you PATHETIC bitcoin!


Bitcoin:

[Anonymous No.19705977]

>>19705533
> bitcoin is not tech
I can tell you’re not a programmer. Bitcoin is in fact a significant advancement in computer science, arguably the biggest of the last decade, in one of the most difficult fields (distributed computing). It has nothing in common with writing another shitty OS (sorry, St Terry) or any other program written over the last decade in terms of innovation.
> not an asset
I assume you would agree it is technically an abstract asset. If you have a beef with all abstract assets, there are more mainstream ones than bitcoin to discuss. If you don’t, and you agree bitcoin is technically an abstract asset, then I image what you really mean is you think it so worthless that it can’t meet even a liberal quality threshold, making it unworthy of the “asset” designation.
But you thinking that and you showing that is different, and just assuming anyone who disagrees with you is risky and lazy. I explained why I think a lack of underlying is not a problem for bitcoin, you have asserted that you do but not why, or what is wrong in my argument. Again, if you have a more general objection to all abstract assets let’s leave bitcoin and discuss more mainstream examples.

[Anonymous No.19705979]

>>19705349
What state? I live in Vermont and I see many new business opening in downtown just this week. The only business I saw closing is a diner because the owner is already 79 years old and all his kin are too busy with their own jobs that nobody could take over his business.

[Anonymous No.19705981]

>>19705947
You don’t have “fuck you money.” You need to hire the very best lawyers and accountants to avoid paying up. If you have 5M a year to piss away on a Army if lawyers, you can pay next to nothing.

[Anonymous No.19705985]

>>19705961
its just a rant about how you can claim bitcoin does all this stuff but if its not providing any value then its all in vain

if terry davis fills his os with biblical games about moses it doesnt make it more valuable

just like bitcoin isnt valuable even if its "trustless , and private, and decentralized" its still like selling snake oil because theres nothing of value anyone is trading

you cant claim bitcoin is "tech" or an "asset"

its basically just a hogwash of confusion and worthless code that wastes electricity

[Anonymous No.19705991]

Most of my stocks are companies either I like/use the products or got due to opportunity to good to ignore. The fact they also pay out divvies is a nice bonus. They are my forever holds. Gonna pass them on to my heirs in a trust after I die. The others are for short term cash generating and nothing but. Got a few funds for long term gains in the mix as well.

[Anonymous No.19706000]

>>19705974
i understand fuckhead
open a company in singapore or other countries with no capital gains tax
open corporate trading account
done

[Anonymous No.19706007]

Between the gookposter, us people who can't roll dubs, and the people arguing about meaningless shit, this is the worst smg thread I've seen. We just need Baggie to come in drunk and we're set.

[Anonymous No.19706016]

>>19705981
less money less visibility less chance to get caught
lmao on these schizo paranoid thinks the IRS will track every single person so they willingly pay taxes
again lmao

[Anonymous No.19706026]

>>19705875
I'm looking at it my love don't worry

>>19705889
I hat fractional shares
they are so ugly

>>19705979
I'm in IL, Dupage county
There are a bunch of businesses open, and people out shopping and at restaurants and such.
but some are permanently closed or on their last legs.
I see about 2x as many commercial "for lease" signs as I did earlier in the year.

[Anonymous No.19706027]

>>19705937
What if the market just never moved? Wouldn't that be comfy?

[Anonymous No.19706030]

>>19705868
Right now I have AMD, MSFT, TTGT, and ZXYI. I'm still learning to trade.

[Anonymous No.19706031]

>>19705977
i can make a network of anything i want and claim i made an advancement in tech but really you just wasted your time

thats like me building terry davis os and then telling people this is an important technology

you just fell for the hoax

nobody needed distributed computing and thats why it wasnt ever developed

except for ponzi scheme people who made billions off this scheme

its like finding a snake oil and then developing it and making it a technological snake oil which isnt actually tech

nobody wants distributed computing

i could make distributed electricity without needing a cryptocurrency by giving everyone a solar panel

like what the fuck does that even mean

[Anonymous No.19706036]

>>19706016
If you get caught the penalties are severe. Say you owe them 40k over a 5 year period? Now it’s 180k when you get caught. Good luck negotiating that down.

[Anonymous No.19706037]

>>19705991
My sensible brother
Let us frolick in the stress-free fields of mediocre gains

[Anonymous No.19706049]

>>19706000

[Anonymous No.19706058]

>>19706031
>i could make distributed electricity without needing a cryptocurrency by giving everyone a solar panel

This is a thing that exists.

[Anonymous No.19706066]

>>19706036
so don't get caught
you think IRS will track a company in fucking singapore or malaysia talk ching chong or bahasa with locals for chasing 1 payment of 180k
fucking lmao
again lmao

[Anonymous No.19706068]

>>19706027
that would be comfy :3

[Anonymous No.19706070]

>>19706058
its not tech though

this guy is claiming that bitcoin is an innovation in tech

well where are the innovations

what has bitcoin produced besides wasted electricity

[Anonymous No.19706071]

>>19705951
I don't have to do this experiment as Bitcoin already does what it does and is worth more than gold :D
>>19705981
Donald Trump paid his full share of taxes, this is a stupid meme.

[Anonymous No.19706079]

>>19705965
Based. Fuck China.

[Anonymous No.19706082]

>>19706026
>IL
It's one of the states that got hit hardest by the riots isn't it? Investors got scared of the riots and they're probably moving away from less "riot-capable" states like Colorado, Iowa, and Vermont. Just look at Seattle and Cali, they're bleeding money and investors.

[Anonymous No.19706083]

>>19705215
All in on SPY Calls

[Anonymous No.19706092]

>>19706049
paranoid fuck
lmao thinking the whole world is conspired to catch you so you give money willingly to be pissed away for niggers gib
lmao
what am i doing all these neets have no money anyway

[Anonymous No.19706099]

>>19705215
EVK

[Anonymous No.19706106]

>>19706071
Trump paid his full share because he planned on running for office. He told his accountants and lawyers to pony up. The IRS had it out for Trump for the past 20 years. HE IS STILL UNDER IRS AUDIT. THE AUDIT HAS LASTED 20 YEARS.

[Anonymous No.19706117]

>>19706079

Looks like he's posting Koreans to me. Fuck, Koreans are so ugly. Soulless little girl eyes and fish mouths.

Too bad he's right about crypocurrency being a hysteria bubble, because on the whole bug woman avatarfags are pond scum who I'd never want to associate with in a million years.

[Anonymous No.19706130]

>>19706099
there we fucking go

[Anonymous No.19706155]

>>19706082
Downtown Chicago maybe, but even that wasn't so bad outside of a couple places.
I'm way out west from the city in the farthest suburbs; if anything, people are probably moving from the city towards here (or to the northern suburbs).
People have been leaving IL for years now, of course, but I don't know what the 2020 numbers look like.

[Anonymous No.19706165]

Tvix thoughts?

[Anonymous No.19706166]

>>19706106
So 20 years of digging and they haven't hit him with anything. Crazy man, almost like there's nothing awry

[Anonymous No.19706175]

>>19706165
Holding mine until 300.

[Anonymous No.19706176]

>>19706165
Vs Google trends

[Anonymous No.19706182]

>>19706165
If Monday is a green day it might not be a bad idea to swoop some up low.

[Anonymous No.19706189]

>>19705951
Your first mistake is in thinking the bitcoin code base doesn’t offer anything that would make bitcoin a better form of money than your competing monopoly money or your alt-coin with cap 10 coin examples. For instance, how will you guarantee that your Monopoly money isn’t counterfeited, diluting its value? How do you prevent double spends in your new alt coin with 3 phone miners forming the network?

You second mistake is in thinking copy pasting the bitcoin code base produces the same value as the original bitcoin, again missing the whole value of the network.

Your objections are simply not profound.

[Anonymous No.19706196]

>>19706166
Trump is clean. He pissed off someone in the gov long ago. I’ve never even heard of a 20 year audit. Clearly abuse of power

[Anonymous No.19706197]

Who here shortselling HTZ next week?

[Anonymous No.19706211]

>>19706000
You still pay taxes in the US when you do that, you just get to pay taxes once rather than twice.

[Anonymous No.19706214]

>>19706175
How much you got in on it?
>>19706182
I'm thinking I might

[Anonymous No.19706218]

Atlanta becoming a bigger shithole soon, hmmm might be time to buy a bugaloo stock.

[Anonymous No.19706221]

Shill me on some more cheap divvy stocks like IVR, RWT etc. bonus points for volatility and previous highs $15+

[Anonymous No.19706224]

>>19706196
No shit. The guy has been a somewhat disappointing president but 'muh audit' is obvious bullshit.

[Anonymous No.19706225]

>>19706211
you hire local as the director of the company, no trace
all in all cost around 10k only

[Anonymous No.19706226]

>>19706189
i didnt say monopoly money is worth anything

i think after you create millions of cryptocurrencies youll arrive back at gold because theyre all worth nothing

thats where your "code base" leads you to ultimately

XD

>again missing the whole value of the network.

people can move their computer to mine any coin and then the value of the coin becomes who has the most miners and then its still fluctuating worthless garbage until everyone stops caring and nobody hosts a cryptocurrency exchange in many years

nobody cares how many people are wasting electricity to produce fictional money

[Anonymous No.19706234]

>>19706218
That police chief is a real pussy but let's be real she's smart af. It's going to be nothing but bullshit.

[Anonymous No.19706235]

>>19706218
Jogger lives matter!

[Anonymous No.19706240]

>>19706221
xan

some dude on youtube liked it, that's all i know

[Anonymous No.19706241]

>>19705283
I'm ready. 100% in cash. I got the fuck out starting last Monday morning.

[Anonymous No.19706247]

>>19706225
I don't understand. As before, the broker will report all your stock trades. You will owe tax to the US gov. You will not owe taxes in singa, because taxes on foreign income is 0%, but since there is no tax treaty, you don't reduce your US taxes.
>no trace
The broker leaves a trace
>the company is a shell company where you are pretending the trade profits are in fact company work profit
Irrelevant since the US knows you have trades.

[Anonymous No.19706253]

>>19705215
>>19705215
>>19705215
Deliver
>>19706099
>>19706099
>>19706099
>>19706099

[Anonymous No.19706257]

>>19706226
You obviously missed 2017 and you claim you don't care because you have some sour ass grapes about it. Obviously people care which is why bitcoin trades higher than gold. As absolutely nothing in the universe holds inherent value considering that value judgments are purely human constructs, this means bitcoin is a more valuable store of value than gold.

[Anonymous No.19706258]

>>19706234
Liberal cities always appoint 5 foot hobbit women to police chief with predictable results.

[Anonymous No.19706261]

GREEN OR RED MONDAY
the suspense is killing me

[Anonymous No.19706271]

>>19706257
does rhino horn powder cost 100k an ounce?

or is it just a rhino horn that doesnt do anything

LOL

rhino horn powder probably doesnt do anything for healing ailments whatsoever

if it was 1 million per ounce you would be like well obviously rhino horn must be a great natural remedy

thats what youre saying right now

[Anonymous No.19706273]

>>19706261
If oil goes up significantly then green, otherwise crab.

[Anonymous No.19706277]

>>19706031
Ethereum is the distributed computing network, bitcoin is a distributed database.
You are wrong that nobody wants distributed computing, of course, that’s what the Internet is for example. But you are right that nobody really wants a distributed /trustless/ computing platform like ETH, I actually agree with you there.
But btc is a distributed trustless database, which is different and which has one, big usecase: store of value.

You seem to think there is no profound, computer scientific breakthrough involved in the creation of bitcoin, but you are wrong. I’ll just ask how you would solve the double spending problem in a trustless network, and point out this was an unsolved problem until bitcoin.
You might argue nobody wants a trustless, distributed database for SOV, but there I would point you to the market cap and say many, many billions of dollars disagree as to how much they want that, even if you don’t.

[Anonymous No.19706278]

>>19705200
fuck ur mum if u want fuck

[Anonymous No.19706282]

bpmp

[Anonymous No.19706283]

>>19706247
you hire local as the owner of the company, the company is not owned by you, the broker don't report because this is alien corporation
you can even hire yourself as the trader of the company and pay yourself $1 salary thus you can manage the money that is technically not yours
what is so hard to understand?
lmao maybe you all deserve to get robbed

[Anonymous No.19706294]

>>19706189
>For instance, how will you guarantee that your Monopoly money isn’t counterfeited, diluting its value?

How does a currency being counterfeit-proof somehow imply that it has any monetary value? If a shitty video game has uncrackable DRM is it no longer a shitty video game?

>You second mistake is in thinking copy pasting the bitcoin code base produces the same value as the original bitcoin, again missing the whole value of the network.

The invention of bitcoin's distributed ledger system is practical, but that doesn't mean bitcoin, an implementation of the system in the context of a digital currency, is valuable. The idea of anonymized, untraceable, unforgeable digital currency is valuable, but that doesn't mean the currencies themselves necessarily are. Bitcoin was just first in line.

>Your objections are simply not profound.

Pea-brain cherry on the pea-brain sundae that is your post

[Anonymous No.19706295]

>>19706241
>Got a light?

[Anonymous No.19706318]

>red monday
>muh crash
>100% cash
>i beat the s&p

[Anonymous No.19706335]

>>19706271
I'm saying that healing humans has zero value beyond what humans place into it. Our lives don't matter, our economies don't matter, there's no cosmic master deciding that any of it has inherent value. We invent the value. If we value it more, it's more valuable, because we're the only thing that decides what's valuable.

[Anonymous No.19706339]

>>19706318
I'll see you Monday wagie

[Anonymous No.19706353]

The gook poster makes it pretty easy to filter, i just dont read any posts with a chink in the thumbnail.

Worthless babble, only posting to see his own posts. SAD!

[Anonymous No.19706364]

>>19706339
oooh nooo!!! another -5% drop!! the world is fucking over, fucking -5% holy shiiiiiitttttt

[Anonymous No.19706370]

>>19706318
>virus resurgence in mainland china
>infections starting to rise again in the southern US
>CDC floating the prospect of businesses having to close again
>no vaccines on the horizon
>country on the brink of a complete cultural takeover by secular religion zealots
>unemployment still sky-high
>trump probably going to lose
>likely another wave in fall (only a few months from now)

Looks bullish to me.

[Anonymous No.19706390]

>>19706294
You’re saying that the most robust ledger in the world is still useless if it tracks something worthless. I’m saying whatever you track with that ledger will be the new basis of value, even if that something is nothing. This is the entirety of the argument, there’s nothing really to add nor more relevant detail. For one of us it will probably click in the future that the other was right.

[Anonymous No.19706402]

>>19706370
only 1 of these affect the market

[Anonymous No.19706415]

[Anonymous No.19706425]

>>19706106
>>19706166
>>19706196
Democrats cannot conceive that a politician actually wants to help people and isn't a greedy piece of lying shit.

[Anonymous No.19706434]

>>19706283
>the broker don't report because this is alien corporation
That's not how it works anon. You'll still get 30% withheld on dividends for example. How would that happen with no trace?

[Anonymous No.19706438]

>>19706277
if you host your own database on your computer thats already private enough and trustless enough because its your own server on your computer

and theres backups

why do you need millions of people mining coins and wasting electricity to do that

thats less secure than me doing it myself because now my data is on the cloud

[Anonymous No.19706449]

>>19706370
There are three antibody drugs in testing right now in usa

[Anonymous No.19706460]

>>19706434
paid to the company that is not yours
the company sign a document w3-8ben or something like that i don't remember the code precisely
if you still don't understand then nvm just pay your taxes

[Anonymous No.19706463]

>>19706390
>For one of us it will probably click in the future that the other was right.

Bitcoin's price can stay at 10K for years or it can moon to 500K and I still won't change my opinion about what it is inherently worth as a currency. It's valuable because a lot of people bought into it because they though it would be valuable someday, and the prophecy has fulfilled itself. Bitcoin is a cart before the horse currency.

[Anonymous No.19706464]

>>19705215
SSL

[Anonymous No.19706472]

>>19706370
But also a gazillion dollars were poured into the market.

[Anonymous No.19706483]

>>19706335
no rhino horn powder is worth way less than 100k an ounce

its called a bubble when humans dont understand yet

and eventually those people with zero iq run out of money

[Anonymous No.19706501]

>>19705215
Silver Kookaburras and Ghost coin

[Anonymous No.19706513]

>>19706449
nobody here really talks about vaccine stocks, it's uninteresting but once there is an announcement they might surge.

[Anonymous No.19706520]

>>19706513
that's called gamble

[Anonymous No.19706530]

>>19706513
>nobody here really talks about vaccine stocks, it's uninteresting

You missed January and February. People were all over biopharma then. Plenty of runs on mask manufacturers too. God, I was so fucking stupid buying into the fake and gay rally before the crash.

[Anonymous No.19706532]

>>19706513
Its not vaccine. Its an antibody treatment that is out and being used. Three diff ones and more coming. If they work by sept death toll will be pretty much zero

[Anonymous No.19706534]

>>19706438
Correct, and that’s what all solutions looked like before bitcoin, it is centralized, secure and trust based (I have to trust you).
Say for the sake of argument that you wanted a trustless version. You would end up with bitcoin (note I’m assuming you’re as smart as satoshi here and I have not once called you a retard or such). When we’re at that point the only question is what’s the value of such a trustless network, tracking the ownership of (a limited supply of) thin air. You say it’s nothing, I say it’s high, but that’s that debate.
But it started with me (after another anon pointed it out) claiming bitcoin represents innovation, and that’s the real point I’m trying to make to you: if you want to solve the old computer science problem of preventing double spends in a trustless network, you will have to come up with bitcoin or a new, unknown solution. At the time of bitcoin’s inception, there were no known solutions. This it is simply counter factual to say bitcoin doesn’t represent significant computer science innovation. That’s just a historical fact, ask any computer scientist.

[Anonymous No.19706536]

>>19706425
Hey I voted for the guy to build a wall and get us out of foreign military entanglements and I still don't have any of that. He's definitely not the greatest president ever like all the conservacucks think.
>>19706483
No rhino horn is worth whatever people will pay for it.There is no 'correct price' or whatever. God doesn't dictate asset prices, we do.

[Anonymous No.19706552]

>>19705889
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

I ALSO SOLD MY TGTX AND IT LOOKS LIKE HEDGIES JUST LOADED UP BIGTIIIIME!!!

https://www.tgtherapeutics.com/wp-content/uploads/2020/06/Final-EHA-TG-1701-Phase-1-Poster.pdf

https://twitter.com/pawcio2009/status/1271093765009281035

https://fintel.io/so/us/tgtx
>RA Capital LLC bought 10.8% of the TGTX
https://www.sec.gov/Archives/edgar/data/1001316/000110465920072021/tm2022288d1_sc13ga.htm
>FMR LLC bought 10.66% of TGTX
https://www.sec.gov/Archives/edgar/data/315066/0000315066-20-001509-index.htm

Does anyone know if these funds are any good? Have you heard of Ra or FMR?

>>19706353
oh yeah, he's fucking awful
but the retard who thinks trump "actually wants to help people and isn't a greedy piece of lying shit." is also retarded beyond belief. Why do these assholes insist on filling a good thread with their offtopic stupidity?
>people who would eat a vagina are mentally sick.
I think he means it, I think this is some very broken little boy who never grew up and wants to blog here. But the spacing makes me think he's just a troll, since everyone on 4chan hates that.

I honestly... I kind of hope these two kill themselves. Then we can talk stocks and post anime in peace.

[Anonymous No.19706560]

>>19706513
Ay dummy theres never been a vaccine for a coronavirus. Expect pump and dumps if you here about a vaccine. Not saying treatments arent available but vaccines arent

[Anonymous No.19706565]

>>19706463
Right, no I mean it will click for you that I’m actually right and you will start to see the sense behind the high valuations, or it will click for me that you are right and I will start to see high valuations as absurd (or understand the crash, if it comes). I don’t mean you will just be worn down by continuously high prices, because there’s been enough of those already that you’d already need to explain how that coukd happen from your perspective, and you have.

[Anonymous No.19706566]

>>19706536
>literally built more wall and more ICE funding
>literally took us out of Syria, Iraq, and Afghanistan
FELLOW TRUMP VOTER HERE! WE CANT LET HIM GET THE NUCLEAR CODES!

[Anonymous No.19706581]

>>19706534
but theres infinite numbers of cool things you can create in computer science it doesnt mean its tech unless it actually achieves something

i can create temple os. youre just pulling a program out of a hat and claiming you achieved a new tech.

>(I have to trust you).

no you dont you can create your own database and keep it on your computer and have virus protection

why do you need my database

lol

create your own database and then you can input any value you want into it

facebook already cant know what your password is because they already encrypt your password when you put it into their database

they cant know that information because encryption

[Anonymous No.19706594]

>>19706520
>>19706530
you have to read up on them, check which ones are getting government grants......i would never go all in but it's another thing to be on the look out for.

>>19706560
yeah i'm ok with pump and dumps though

[Anonymous No.19706610]

>>19706530
I don't think it will crash again. I think the market has underlying strength. We're learning to deal with coronavirus.

[Anonymous No.19706624]

>>19706610
>We're learning to deal with bornapirus
Lmao okay retard. We've still got half a year to go

[Anonymous No.19706627]

>>19706565
Dont EVER worry:
The stock market will be re-valued in a way that supports significantly HIGHER-VALUATIONS in the future.

[Anonymous No.19706638]

Every time there's a bubble in any market the speculators rush out to say why this time it's different. Real estate bubbles, crypto bubble, dotcom bubble, and now the 2020 stock market bubble.

I'm not smart enough to time any shorts but I'm definitely betting against the market with Gold. See you guys from the other side of the table.

[Anonymous No.19706657]

>>19706566
Are you actually retarded? Not only are there still soldiers in all those countries, Obama by this point in his presidency had deported more illegals. These are absolutely undeniable facts and you have zero ability to argue them without delving into complete delusion. I'm sorry you're so busy cocksucking that you lack the critical thinking skills to question the motives of somebody you supported in the past despite the fact that they haven't lived up to your expectations, but not everybody suffers from complete NPCdom and dronehood.
inb4 'oh lets just run out and vote for biden' and such

[Anonymous No.19706659]

>>19706536
>No rhino horn is worth whatever people will pay for it.

no because once someone pays 5 million for it then he will lose his money and not be able to buy it anymore and then cause the price to crash

it just takes time for the true market value to show up

it doesnt mean its worth 10 million an ounce for rhino horn

whats the ultimate sustainable worth of something its zero for bitcoin and all cryptos

and rhino horn could be a souvenir of a rare mammal god made so its still got some value but not medical

those enthusiasts would probably have the price lower than what the medical people pay because to have a rhino horn on their desk might be worth like 10k but not millions to most people

[Anonymous No.19706660]

>>19706624
The virus is wiping out billions of dollars in tax liabilities so there is the positive for the economy.

[Anonymous No.19706669]

>>19706638
Every time there's a bubble in any market it winds up rushing higher afterwards though.

[Anonymous No.19706674]

Watch out for TOPS

[Anonymous No.19706676]

>>19706627

Valuations are already high. Everyone is in the stock market expecting to make gains. From what? Boomers and institutions are cashing out at all time highs right now to lock in retirements, they are not buying back in. Multiple trillion dollar companies, companies making almost no money, double digit unemployment. Money is going to flow out of stocks, shares will be diluted, earnings will fall, more credit crises will occur. Where is all the money coming in right now? Who is buying at all time highs? I only see money leaving the stock market in the next few years.

[Anonymous No.19706679]

>>19705259
I've worked for a company genetech that made cancer fighting drugs that were 75,000 an oz an I'm pretty sure it was snake oil.

[Anonymous No.19706683]

>>19706659
There is no true market value. There's only what people will pay for it.

[Anonymous No.19706686]

>>19706610
>I don't think it will crash again. I think the market has underlying strength.

If the CDC decides for everyone that we all need to retreat into our Netflix + Amazon Prime bunkers again (except for race war riots, racism against BIPoC is a national health issue!), we're toast. Kaputsky. Done-zo. It's over. The economy does not have the fortitude to repeat the last three months all over again without complete catastrophe. Boutta finna make the 30s look like a golden bull run.

[Anonymous No.19706688]

>>19706638
This bubble ended prematurely so it is different

[Anonymous No.19706714]

>>19705639
I have a 65 OLED and watch mostly anime, and don't eat processed fiid

[Anonymous No.19706718]

>>19706099
oh my...

[Anonymous No.19706719]

>muh doe joans from 10 decades ago

[Anonymous No.19706723]

We're all pumping Hertz this Monday right? Then watch it dump and laugh at the robinkiddies

[Anonymous No.19706735]

>>19706686
Its ok Trump will tell the CDC to fuck off. The economy not opening is worse. Just isolate communities that are at risk.

[Anonymous No.19706736]

>>19706683
and once people have held it for 30 years and no more investors into the ponzi scheme you have the massive sell off and it goes down to zero

because the only demand is based on people thinking theyll get rich and when theyre not getting rich anymore it ends because their money could be invested in other things

[Anonymous No.19706741]

>>19705676
Eh I made 10k off IVR buying at 2.76 then selling at 6.14 so yeah it's shit but I came up on retards who thought it would jump to 12

[Anonymous No.19706745]

>>19706719
How hard is it to accept that sometime the line doesn't always go up?

[Anonymous No.19706754]

Why does everyone shit on Robinhood?

It’s a good beginner app. It’s like telling your first time gym goer DUDE FUCK PLANET FITNESS AND YOUR MUSCLE MILK, GOTTA MAXIMIZE THOSE GAINS AT GOLDS GYM AND TAKE FISH OIL, GOLD STANDARD WHEY AND KALE SHAKE.

It’s a beginner app. Let them multiple their $100 into $1000 until they get the hang of it. Then go into TD Trade or Schwab.

[Anonymous No.19706766]

>>19706745

[Anonymous No.19706768]

>>19706745
Only if Jimmy Carter is president

[Anonymous No.19706770]

>>19706745
>mad bobo

[Anonymous No.19706772]

>>19706754
>them

You're not fooling anyone, zoomer

[Anonymous No.19706791]

>>19706218
really hope the cops go on strike in response to all this insane hatred being leveled against them.
probably wake everyone up to the jogger problem and purpose of the second amendment RIGHT quick.

[Anonymous No.19706801]

>>19706754
nobody shits on it, just retards on here that want to appear edgy and contrarian
what fucking broker you use to buy some shares and etfs makes no fucking difference whatsoever except costs

[Anonymous No.19706813]

Winston Churchill's photo has been removed from Google search along with his 1940-1945 entry

Is this bullish Y/N

[Anonymous No.19706819]

>>19706214
13sh but I'm poor, it's my 2nd largest position behind XOM

[Anonymous No.19706841]

>>19706813
Buy puts on british prime ministers quick

[Anonymous No.19706852]

>>19705259
>complicated mystery

t. boomer who doesn't understand blockchain

[Anonymous No.19706863]

>>19706552
Man... where are the biotech fags to analyze these trial results and data poster with me?

Everyone is just obsessed with giving Trump a rimjob because he's not a democrat?
Or predicting a crash?
Or comparing the US with the fucking BOJ engineered stock bubble and the subsequent Yen fuckery that doomed Japanese economy to the deflationary spiral?

Keep slurping up that partisan semen, but spew it around somewhere else.

[Anonymous No.19706866]

>>19706813
they won't stop until everything you love is gone.

[Anonymous No.19706868]

>>19706736
for fucks sake tinny, I thought you had already killed yourself

[Anonymous No.19706871]

>>19706736
I guess we'll deal with that in 30 years then? Like it's crazy for 30 years to obsolete a previous tech or anything lmao. Btw what's been your performance holding nothing but gold over the last 30 years adjusted for inflation? Oh, you're down you say? What a shame...

[Anonymous No.19706883]

>>19706863
Too many have been burned and put off biomemes.

[Anonymous No.19706900]

DAL @ 40

[Anonymous No.19706910]

>>19706900

Market is crashing again, you missed the party fellow bullbro

[Anonymous No.19706912]

Anyone else in OPES? That things going to be bigly. It might take some time, but I'm expecting the first real pop at the end of the month when a binding agreement is signed especially with how hot SPAC's are. Burger Fi's system sales are comparable to shake shacks with better year over year growth. I've never eaten there but have had a lot of people push me to. Long story short, this moom mission is boarding.

[Anonymous No.19706918]

>>19706883
As I said in I believe the last thread, biotech is an actual new thing and a real game changer, depending on what it is. These sorts of assets are always volatile but always explode in price long term.

[Anonymous No.19706921]

>>19706871
theres things which mooned along with bitcoin

bitcoin isnt the only thing that mooned

i was debating someone who said he sold his venezuluan stocks and in the last several years it completely mooned thousands of percent their whole market

like just because you chose something which happened to moon because its a rhino horn and people got deceived by fancy videos in 2009 telling you how secure their bottled air was

doesnt mean its worth something because you made money on a ponzi scheme

i remember years ago people were coming out with coins named shit coin and poop coin and cashing out and pump and dumping hundreds of new coins every week

its just scams dude

scams which you can make a lot of money

ponzi schemes are profitable and bitcoin has customers all over the world 7 billion people potentially

and the government does nothing to shut it down

which it should because its a worthless asset people are getting tricked and theyre mining the coins before they release them publically

and pumping and dumping scamming

>>19706868
sup

add me on discord if u want

[Anonymous No.19706923]

>>19706657
>someone finally stop people from cross and builds a wall
>WTF HES DEPORTING LESS PEOPLE
Nice talking point, maybe suck the medias cock more, cunt.

[Anonymous No.19706940]

>>19706883
I guess
I hate this
These newfags are the fucking worst

[Anonymous No.19706943]

>>19706863
alright, I'm not a biotech fag but I'll bite. Why should I care about biotech?

[Anonymous No.19706948]

>>19706900
>buying stock when cases are rising again

Ok m8

[Anonymous No.19706951]

>>19705925
I don't get IV and Theta. I just write options because I want some scratch for a pizza and the $1,800 was going to CEQP anyway.

[Anonymous No.19706978]

>>19706863
God her ass is delicious.
I went back into crypto’s because im bored. Lord help me.

[Anonymous No.19707022]

>>19706978
I'm on the same boat, I'm just trying to remind myself that boredom isn't an excuse to throw money into a pit.
But goddamn is it a good looking pit

[Anonymous No.19707047]

>>19706921
You're down on gold over 30 years and you're way way up on crypto over 30 years and there's no getting around it. Eat shit PMcuck
>>19706943
Not all of it, but some of it is genuinely revolutionary new tech. New medicine for new diseases ain't shit (no not even the corona cure) but when you have like remote tactile sensation happening that's tech that's going to fucking explode like little else you've ever seen.

[Anonymous No.19707071]

>>19707047
where would you recommend starting for long term investments for someone new to the field then?

[Anonymous No.19707078]

>>19707022
A hundred bucks or so into a bit ain’t so bad. I’ve spent more on worthless shit.

[Anonymous No.19707082]

>>19705533

>it's not an asset

You can buy and sell it on American-based exchanges that see hundreds of millions in trading volume every day. You can own GBTC in your retirement account. You can trade futures at the CME. Nearly everyone in the financial world has some opinion regarding its value, positive or negative.

Unfortunately for you, you seem too low IQ to even ask the question "do they know something I don't," much less understand what that something is.

[Anonymous No.19707116]

>>19707047
>but when you have like remote tactile sensation happening
Who is doing this?

[Anonymous No.19707120]

>stock market general
>One third of posts faggots arguing about crypto

Leave to literally every other thread on the this board retard.

[Anonymous No.19707124]

>>19707047
>>19707082
the price of something isnt an argument

does 100k/ounce rhino horn mean it should be listen on the exchanges

it surely is a valuable asset

and not a piece of shit

[Anonymous No.19707134]

>>19707120

It's fucking Saturday.

[Anonymous No.19707135]

>>19707124
Get a trip so I can start filtering you

[Anonymous No.19707176]

>>19707071
>>19707116
I honestly can't tell you many publicly traded companies working on it so you'll have to DYOR (and hopefully get back to me). I know for a fact Google is working on it though, as if you needed another reason to long them.

[Anonymous No.19707194]

Price of oil to break even for various companies.

[Anonymous No.19707201]

>>19707176
alright well I'll start looking into it, I'll post my findings in these threads. keep us informed anon. thanks.

[Anonymous No.19707206]

>>19707194
does oil price even effect oil companies

i dont see the correlation because my uso goes up and down independently of the oil companies

uso could be up but those be down and vice versa

[Anonymous No.19707207]

>>19707194
I don't own any of those companies :3
and if you post a graph like that, you should post some kind of source with it...

[Anonymous No.19707233]

>>19705958
CCL has earnings report this week, meanings even larger options premiums. Thats all, its not a fundamental analysis.

[Anonymous No.19707250]

>>19706688
>>19706669

There they are.

[Anonymous No.19707265]

>>19707250
40 years of pain and you still haven't learned huh bobo

[Anonymous No.19707266]

>>19707207
Something I found while checking my LinkedIn actually.

https://www.linkedin.com/feed/update/urn:li:activity:6653340236648636416/

Seems he compiled data from the individual financial data and presentations.

[Anonymous No.19707278]

>>19705170
I put all of my savings into TVIX. All of those 16hr work days wont go to waste. Jews don't fail me now

[Anonymous No.19707280]

Can we all acknowledge if there is a crash it's not because of the actual corona virus

[Anonymous No.19707284]

i'm scared i just want a green monday

[Anonymous No.19707298]

>>19707265
a bobo is born not learned
it's their destiny to suffer

[Anonymous No.19707314]

>>19707206
It certainly does effect confidence of these oil companies being able to not go bankrupt which many are at risk of.

[Anonymous No.19707322]

>>19707194
glob dangit CHK
this was only $35 year ago ;_;
look what they did to me boy

[Anonymous No.19707323]

>>19707280
There were people here trying to warn /biz/ last year after the repo crisis.

>>/biz/thread/S16006742

[Anonymous No.19707329]

>>19707284
Fear is healthy. Be ready to sell first 1hr.
Take profits.

[Anonymous No.19707334]

>check stocks bid/ask
>they're going up
Fuck you Bobo, stop lying about blood red futures and market crashes you LARPing retard fuck.

[Anonymous No.19707342]

>>19707322
CHK is bad. Stay away.
Think reverse split.

[Anonymous No.19707377]

>>19706277
>>19706534
you did a great fucking job of explaining it, but there's people out there that will never be able to internalize any of this and you're literally farting into the wind with these people

[Anonymous No.19707379]

>>19707265
I'm bullish when it is deserved. I was bullish on stocks in 2016 and Bitcoin in 2017, these are stupid levels of overvaluation. I lost half my BTC gains in 2018(only made 20k) so I know how it feels to be on the losing side of a market cycle.

[Anonymous No.19707387]

>>19707194
>>19707266
For anyone who subscribes to RV check out an excellent interview from late last year with Danielle DiMartino Booth and Tracy Shuchart (@chigrl)

"How Easy Money Enabled The Shale Evolution"

Even if you think inflation is coming down the road, in the short-term we are seeing deflation, even according to Shadowstats (http://www.shadowstats.com/alternate_data/inflation-charts).). Headline CPI is technically in deflation territory (negative) and real rates are currently rising. This is going to fuck over corporations over the course of the next few quarters when rolling over debt, let alone trying to issue any new debt.

Look at the amount of debt that the shale companies will need to service and rollover soon. They are fucked. They were fucked last year before Corona even existed and oil was up above $70. They were fucked from the very beginning.

[Anonymous No.19707412]

>>19706921
>worthless
>$9500 per coin

seems like people find it valuable...it’s just that you don’t. bitcoin will always be valuable (worth something). it will never be free. sorry you missed out.

[Anonymous No.19707424]

>>19707387
Regardless, the line goes up.

Never down, only up.

[Anonymous No.19707430]

30 minutes to movie night! Tonight's feature is Rambo: First Blood (1982)! In English this time!

[Anonymous No.19707446]

>>19707430
uh whoops wrong image

[Anonymous No.19707447]

>>19707278
Back in 2016 TVIX was regularly breaking 200,000. I'm holding until it gets back up to those levels, similar to my IVR play which I learned about here.

[Anonymous No.19707449]

>>19707412
>bitcoin will always be valuable (worth something). it will never be free. sorry you missed out.

it will be worth under 100$ way longer than it will be worth zero

because of all the hype and hysteria this thing could have fake value for many years

it will have to be completely forgotten about over decades to where only old boomers remember it and nobody is even hosting crypto exchanges or anything because its just so fucking useless and dogshit and were focused on other things by then

im not saying it wont be worth like over 1k for the next 10 years it probably will be'

but from 100 to zero will be decades to where a technology is buried deep forever

[Anonymous No.19707451]

>>19707265
I was a wild speculator once too. Lost a lot of money, so I learned when to be a bull and when to be a bear. when to speculate and when to run. mumu bobo shit is childish. Why are you picking a team when the only thing that matters is the number in your account.

>>19707280
yep. business cycle had to end at some point. Lots of garbage companies rolling their debts in life support, GE, F, AT&T; lots of overarching cycles came to an end at 2020. FED was going to pay eventually for keeping interest rates so low too.

>>19707379
Some people learn from others' mistakes, some people downright have to make their own mistakes to ever learn. I've been there with you man.

>>19707387
History has frequently played out the same even from weimar germany. First deflation, then massive inflation. I'll give it a watch thanks.

[Anonymous No.19707477]

>>19707379
We're not talking about days or even weeks of lines going up here this is years and years. I'm perfectly aware that managing risk and limiting losses is the number one key to making it but that's because everything keeps going up. Most traders don't beat the markets average return, but the average return is constantly up anyway so fuck it. Take your L's when they're small and otherwise bet on shit going up. You know this is the truth.

[Anonymous No.19707499]

>>19707447
What the hell? You do realize that was before a number of splits that caused it drop down. Do you think that TVIX can be worth $200,000 per share in the current version it is now?

[Anonymous No.19707502]

>>19705514
i am doing this too and it's what convinced me to stay 100% cash for awhile after taking my profits over the last month.
It doesn't matter if it rebounds up 10% or something for next week, it's too much like gambling at this stage

[Anonymous No.19707510]

>>19707499
They actually do, it’s sad to not see them use screeners and data.

[Anonymous No.19707511]

https://www.tgtherapeutics.com/wp-content/uploads/2020/06/Final-EHA-TG-1701-Phase-1-Poster.pdf

>>19706943
in general?
because theres a lot of money to be made or lost on companies with promising new drugs.

>>19706978
maybe use that boredom to read up on other opportunities?

An anon had been shilling this company for a while, and they're finally getting trial results. Looks like good news for their Lymphoma trial (blood/brain cancer).

>>19707047
>New medicine for new diseases ain't shit (no not even the corona cure)
Disagree.
Regeneron is poised to make serious money off of COVID-19 monoclonal antibodies. And other shit, they're actually a pretty decent mid/large-cap biotech.

>>19706978
>>19707022
>But goddamn is it a good looking pit
one of my alltime favorite pits
>pit related

[Anonymous No.19707512]

After looking through some charts I'm convinced the crash was just a market correction and Monday/Tuesday will be green. Almost every major stock peaked over an RSI value of 70 immediately prior to the crash - stocks were simply getting too bullish for their own good.

I used to be a bobobrother but now I'm not so sure. The only thing that has me spooked is that all these companies are projecting double digit lower revenue in their earnings and their stocks are right around that 20-30% valuation lower than the Jan/Feb peaks which would lead me to believe there will be a lot of crab walking until it's finalized business can continue as usual and the Corona scare is over and revenue can climb (and thus stock confidence/price). I just don't expect a huge crash like in March unless something completely unexpected happens like people dying left and right.

[Anonymous No.19707539]

>>19707510
Like fucking really. You just have to look at the chart for TVIX and you'll immediately realize that the price drops aren't natural decays. Like goddamn, /biz/, this is why you'll never make it.

[Anonymous No.19707552]

>>19707512
i mean do you really care about missing out on gains next week with how volatile it is right now? Do you like coinflipping for losses/gains?
if you're watching RSI then you know most shit isn't close to oversold territory yet, most aren't even below 50.

[Anonymous No.19707556]

>>19707499
>>19707510
I'll hold until at least 50,000 and take most profits at 100,000, then ride it to the moon. I learned from the anon promoting IVR that tickers always revert to their previous highs and TVIX is definitely no exception. Load up on TVIX boys and don't let them FUD you out, hodl to the moon.

[Anonymous No.19707561]

no care is too late O_O

new rambo thread!

>>19707549

>>19707549


>>19707549


>>19707549

[Anonymous No.19707563]

>>19707512
check the weekly chart nigguh