- Messages
- 28,567
- Likes
- 67,473
Let it ride brother. I keep hearing we're at the bottom of the 4 year cycle of the product that's been around for 10 years. That kind of track record is nails.
Stock Market/Investing/Day Trading/Speculative Trading Thread
- Thread starter That SOB Van Owen
- Start date
Welcome!
By registering with us, you'll be able to discuss, share and private message with other members of our community.
-
Welcome to The Platinum Board! We are a Nebraska Cornhuskers news source and community. Please click "Log In" or "Register" above to gain access to the forums.
BingoDingo
Absolute Idiot
- Messages
- 6,457
- Likes
- 15,166
You're right. I'm gonna be so rich.
- Messages
- 6,936
- Likes
- 29,240
Looking forward to you posting pics of your new Lambo.
Me? I’m team McLaren when my shit coins make it rain!
- Messages
- 28,567
- Likes
- 67,473
A buddy of mine gave me the bottom of the 4 year cycle line last week unironically.
Speaking of which he's looking for an advisor that specializes in crypto. Anyone know of one in Omaha or otherwise?
BingoDingo
Absolute Idiot
- Messages
- 6,457
- Likes
- 15,166
I don't associate with people who "specialize in crypto" as a matter of principle. Sorry Jim.
- Messages
- 28,567
- Likes
- 67,473
I'm not sure that person exists.
- Messages
- 855
- Likes
- 2,444
I get quality advice from golf club professionals and B movie actors. Oddly enough the advice overlaps.
- Messages
- 6,936
- Likes
- 29,240
- Messages
- 855
- Likes
- 2,444
- Messages
- 6,936
- Likes
- 29,240
That entire genre of movies has never appealed to me. I have a hard time getting that stuff out of my head, and have simply chosen not to fill my head with it.
- Messages
- 13,880
- Likes
- 46,579
Should just do away with it... Along with a few other duplicate taxes...
I think he throws it out there as a bargaining chip. Similar to what taking away the step up gets floated.
- Messages
- 2,453
- Likes
- 11,150
I've been a "crypto bro" for a while now. Most of it is absolutely useless garbage, but it can make you a ton of money if you don't fall in love with the little shit coins you buy and refuse to sell.
The 4 year cycle is a real thing caused by Bitcoins mining rewards halving. This creates a supply shock bc miners now need to sell for more to remain profitable. At the bottom of the cycle more traders start buying to hold, miners start holding and sell pressure gets eaten up. Then it runs up, gets media hype, dumb money starts buying scams, there's a mania phase, and everything crashes again.
Outside of Bitcoin and Ethereum, most everything else doesn't actually do anything and solves problems that don't need solving, yet. I like to follow crypto because it's relatively predictable and there are good money making opportunities. It currently might not be at the bottom, but it is the time to accumulate. For fun buy $100 of the smallest market cap coins you can find on Coinbase, then delete the app for like 2 1/2 years. Log back in next time crypto is all over the news.
The 4 year cycle is a real thing caused by Bitcoins mining rewards halving. This creates a supply shock bc miners now need to sell for more to remain profitable. At the bottom of the cycle more traders start buying to hold, miners start holding and sell pressure gets eaten up. Then it runs up, gets media hype, dumb money starts buying scams, there's a mania phase, and everything crashes again.
Outside of Bitcoin and Ethereum, most everything else doesn't actually do anything and solves problems that don't need solving, yet. I like to follow crypto because it's relatively predictable and there are good money making opportunities. It currently might not be at the bottom, but it is the time to accumulate. For fun buy $100 of the smallest market cap coins you can find on Coinbase, then delete the app for like 2 1/2 years. Log back in next time crypto is all over the news.
- Messages
- 2,035
- Likes
- 4,262
For fun, I mined a little over two bitcoin back in 2012-1013. I went to cash out one bitcoin right at the time that MtGox disolved when those coins went to "whatever happened there." Then, I forgot the password for my wallet for the remaining coins.
I'm out basically zero in cash investment, but still sitting on about 0.95 BTC in the wallet that I can't remember the password to. When is the best time for me to try to figure out the wallet password to make millions?
- Messages
- 2,453
- Likes
- 11,150
Ooof still have the old computer? Maybe there's a .dat file containing your password info.
How to find lost Bitcoins or Lost Bitcoin Wallet: Full Guide
There are a few various methods you may use to try to retrieve your lost Bitcoin wallet. However, it's crucial to bear in mind, though, that if you lose your wallet, you can also lose all future access to your coins.
changelly.com
- Messages
- 2,453
- Likes
- 11,150
Also there was a settlement and mt gox is paying back lost funds. I think the deadline is pushed back until May. Not sure if it's too late to get your lost coins back.
Payment of 141,000 BTC to former Mt. Gox customers set for January 2023
The distribution of funds to former users of the defunct crypto exchange Mt. Gox is set to begin in January 2023.
finbold.com
- Messages
- 2,035
- Likes
- 4,262
Thank you. I doubt I know my mtgox email and password, but I appreciate you for the info.Also there was a settlement and mt gox is paying back lost funds. I think the deadline is pushed back until May. Not sure if it's too late to get your lost coins back.
Payment of 141,000 BTC to former Mt. Gox customers set for January 2023
The distribution of funds to former users of the defunct crypto exchange Mt. Gox is set to begin in January 2023.
- Messages
- 7,545
- Likes
- 30,350
- Messages
- 855
- Likes
- 2,444
lol not mine either. The guy just happens to be from my high school and got big into crypto out in LA.
I “invested” $500 in a combo of BTC, ETH, LTC, and XRP on his advice 3-5 years ago. Fast forward to a few weeks ago and a different buddy here in Omaha explains to me why XRP is going to $50k/share. So I got that going for me, which is nice.
- Messages
- 7,545
- Likes
- 30,350
It makes so much sense I’m shocked it wasn’t happening before.
For many it would be thousands out of pocket for installation and all the likely electric work to even make installation possible, that all should be covered as part of the loan if the borrower applies for it.
Lenders do tons of shit like this all the time for housing.
For many it would be thousands out of pocket for installation and all the likely electric work to even make installation possible, that all should be covered as part of the loan if the borrower applies for it.
Lenders do tons of shit like this all the time for housing.
- Messages
- 6,936
- Likes
- 29,240
It's actually a huge impediment for widespread adoption. I don't have a single 220V outlet in my house, and I'm not sure I've got enough capacity left in my switch panel to pull from to even run one out to the garage.
Putting a full solar array on the property and using a "Tesla Wall" battery storage unit (or two) as the solution is currently prohibited by covenant in our neighborhood, so I'd likely be paying OPPD to run a new line from the power box a few houses down to my property. I'm sure the neighbors would be thrilled about them trenching through their property/sprinkler system lines, etc.
Regardless, any of those solutions would be an extra expense associated with an EV. Good thinking on BofA's part to "puff" the loan amount to include that, if needed.
