Gun store Shooting Locations It is currently Thu Mar 28, 2024 1:14 pm



Rules WGO Chat Room Gear Rent Me Shield NRA SAF CCKRBA
Calendar




Reply to topic  [ 177 posts ]  Go to page Previous  1 ... 7, 8, 9, 10, 11, 12  Next
 Waguns stock market thread..... 
Author Message
Online
Site Admin
User avatar
Site Admin

Location: Olympia, WA
Joined: Fri Mar 11, 2011
Posts: 38291
Real Name: Dan
Mine continually wouldn’t process. Then it did. Missed a good sell mark snd a buy mark.

It’s the game.


Sat May 08, 2021 8:40 pm
Profile WWW
Site Supporter
User avatar
Site Supporter

Location: AZ
Joined: Fri Aug 17, 2018
Posts: 6763
The Inflation has “finally” arrived. Means now they can’t hide it anymore.
https://www.kitv.com/story/43848507/pri ... e-you-look

_________________
FPC member
GOA member
Corruptissima re publica plurimae leges.


Sun May 09, 2021 2:07 pm
Profile
Site Supporter
User avatar
Site Supporter

Location: AZ
Joined: Fri Aug 17, 2018
Posts: 6763
It looks like the $3 trillion to "support Americans during the pandemic" just went down the drain.
Believers don't need proof. Read any (!) publications of cryptocurrency supporters. There is complete nonsense behind the "terms". The controversial and energy-intensive blockchain technology is directly tied to the value of the leading cryptocurrency and explains its value in the "market". The absence of emission (indirect tax on capital) and the lack of direct control by the state is declared to be a blessing for society. Somehow, the magnetized hard drives are compared to gold and company stocks.
The problem is not even that someone buys and sells something there - they have every right. But these same "freeloaders-partners" will soon rule the world.
The very idea of a currency generated on some monstrous "farms" with the expenditure of a really huge amount of electricity looks absolutely contrary to common sense. Money is simply the contractual equivalent of the value of labor that people put into something that is useful to other people. What's useful about "farms"? Nothing. Only thermal pollution, i.e. harm to the environment.
The stock market won't even notice the cryptobullshit crash. Well, except that would-be investors will run to the stock market to inflate it even more. But it is more likely that they will run to inflate the commodity market.

"The Emperor's New Clothes" is an old tale that should be included in the school curriculum.

_________________
FPC member
GOA member
Corruptissima re publica plurimae leges.


Wed May 19, 2021 7:54 am
Profile
Site Supporter
User avatar
Site Supporter

Location: Renton
Joined: Mon Dec 10, 2012
Posts: 220
https://www.google.com/amp/s/hbr.org/am ... ly-consume

Bitcoin doesn't consume that much energy. (approximately 110 terawatts hrs per year, thats only about 0.55% of total electricity used per year globally) There also a lot data suggesting that a large portion of Bitcoin is mined from green/carbon neutral energy.

Over 50,000 terawatt hrs is wasted by people being careless with household electronics (leaving lights on, idling electronics, over charging mobiledevices, etc)

Block chain technology has many applications besides being used as a currency.

Sent from my SM-N975U1 using Tapatalk


Wed May 19, 2021 8:39 am
Profile
Site Supporter
User avatar
Site Supporter

Location: AZ
Joined: Fri Aug 17, 2018
Posts: 6763
hkw84 wrote:
https://www.google.com/amp/s/hbr.org/amp/2021/05/how-much-energy-does-bitcoin-actually-consume
Bitcoin doesn't consume that much energy. (approximately 110 terawatts hrs per year, thats only about 0.55% of total electricity used per year globally) There also a lot data suggesting that a large portion of Bitcoin is mined from green/carbon neutral energy.
Over 50,000 terawatt hrs is wasted by people being careless with household electronics (leaving lights on, idling electronics, over charging mobiledevices, etc)
Block chain technology has many applications besides being used as a currency.
Sent from my SM-N975U1 using Tapatalk

That's more energy than whole Argentina consumes annually.

_________________
FPC member
GOA member
Corruptissima re publica plurimae leges.


Wed May 19, 2021 9:09 am
Profile
Site Supporter
User avatar
Site Supporter

Location: Renton
Joined: Mon Dec 10, 2012
Posts: 220
https://www.borgenmagazine.com/cryptocu ... countries/

The perfect use case for crypto, developing nations can benefit from it!

Sent from my SM-N975U1 using Tapatalk


Wed May 19, 2021 9:52 am
Profile
User avatar

Location: Valley of Maples
Joined: Sun Aug 11, 2013
Posts: 260
Real Name: B
Last few days have been super rough for crypto. I’ve been DCAing in, but, man, it’s rough.

Holding ETH, ADA, MATIC, and LINK


Wed May 19, 2021 8:30 pm
Profile
User avatar

Location: Tukwila
Joined: Wed Sep 9, 2020
Posts: 77
I got into Dogecoin at 5 cents and sold at 50 cents. Unfortunately I didn't put a lot of money into it. But I look at cryptocurrency as a fun way to gamble due to the insane volatility of it. I'd rather piss away $100 on crypto than go to the casino!

Although, I'm slowly divesting most of my crypto at the moment and putting more into VTI for the time being.


hkw84 wrote:
https://www.borgenmagazine.com/cryptocurrency-improves-developing-countries/

The perfect use case for crypto, developing nations can benefit from it!

Sent from my SM-N975U1 using Tapatalk

In regards to cryptocurrency, I don't find the arguments from that article to be very compelling.

1) Cryptocurrency can only reduce corruption/promote transparency only if the government allows it. A corrupt government may be more inclined to ban it outright or seek to implement controls to regulate it.
See China's crackdown: https://news.yahoo.com/bitcoin-falls-further-china-cracks-101825126.html

2) Reduced transaction costs and time may be feasible if everyone decides on a single or small number of cryptocurrencies. However, I don't see that being likely anytime soon. Also, due to the numerous different cryptocurrencies (I think there's at least 25 active ones at the moment), an exchange is needed similar to how a financial institute facilitates the exchange of traditional currencies. I can imagine exchanges essentially becoming regulated like financial institutes due to the potential for illegal transactions, and this may result in increased transaction costs and time.
See USA's probing of exchanges: https://news.yahoo.com/bitcoin-exchange-binance-faces-legal-130404345.html

3) Greater financial inclusion is potentially feasible if, as stated above, everyone decides on a single or small number of cryptocurrencies. Imagine a theoretical scenario where your boss pays you in Bitcoin, your local grocery store accepts Ethereum, your local bar accepts Litecoin, your friends only use Bitcoin Cash, etc. This becomes a de facto barrier that would need to be addressed.


At the moment, it appears that the primary use case for cryptocurrency is as an investment vehicle and for ransomware. If anyone believes otherwise I'd like to hear your thoughts.


Thu May 20, 2021 12:48 am
Profile
User avatar

Location: Puyallup
Joined: Thu Aug 16, 2012
Posts: 9065
Real Name: Richard Fitzwelliner
Any one playing with AMC? I'm late to the game as usual, my friend called to tell me to get in so I bought some. Dude has 900+ shares, his went up 27k on Friday alone

_________________
If she sits on your face and you can still hear, SHE'S NOT FAT.

I'm going to type out 3 paragraphs and wax eloquently about a similar story in my life. Pm me if you figured it out.


Sun Jun 13, 2021 2:12 pm
Profile
User avatar

Location: Snohomish
Joined: Sun Mar 10, 2019
Posts: 360
The defacto barrier of multiple currencies will be bridged by xrp and the flare network. Xlm/algo/ada and xdc and celo too. Also hbar and iota. Watch and see.
The analogy of one guy has btc, the other eth, and the store takes ltc is a small view of how the world stage and its many sovereign currencies of different value in relation to gold need to be exchanged evenly. Xrp will bridge those currencies in the same way. A decentralized way. Replacing swift. Which is corrupt. And centralized


Sun Jun 13, 2021 2:28 pm
Profile
Site Supporter
User avatar
Site Supporter

Location: The banana belt of MT
Joined: Wed Dec 30, 2015
Posts: 8578
Real Name: Brian
That was more abbreviations than Boeing used in the 34 years I worked there!

_________________
"I hate to advocate drugs, alcohol, violence, or insanity to anyone, but they've always worked for me."- Hunter S. Thompson


Sun Jun 13, 2021 5:01 pm
Profile
Site Supporter
User avatar
Site Supporter

Location: The banana belt of MT
Joined: Wed Dec 30, 2015
Posts: 8578
Real Name: Brian
Mediumrarechicken wrote:
Any one playing with AMC? I'm late to the game as usual, my friend called to tell me to get in so I bought some. Dude has 900+ shares, his went up 27k on Friday alone

Emerging markets, Euro, like WAESX, are hot in the past year. Mutual. I bought in 1200 shares at $15 and now over $20/share.

Yeah, China. But ride the wave and cash out before 2024.

_________________
"I hate to advocate drugs, alcohol, violence, or insanity to anyone, but they've always worked for me."- Hunter S. Thompson


Sun Jun 13, 2021 5:04 pm
Profile
Site Supporter
User avatar
Site Supporter

Location: Mount Vernon
Joined: Sun Aug 26, 2012
Posts: 1547
Real Name: Areyouthreateningme
MVIS is still strong. I also bought VCAG and GHVI this week. SPACs with less BS attached to them.

I’m rebalancing tomorrow and going to throw money at NIVIDA.

_________________
Which is the better: a good friend, a good heart, a good eye, a good neighbor, a good wife, or the understanding of consequences? It is none of these. A warm and senitive soul which knows the worth of fellowship and the price of the individual dignity, this is best.


Sun Jun 13, 2021 6:45 pm
Profile
Online
Site Supporter
User avatar
Site Supporter

Location: RENTON
Joined: Fri Mar 25, 2011
Posts: 20748
Real Name: John
I have no idea what you guy's are saying. It's a good thing i have Financial advisor's. :bigsmile:

_________________
Mr. Q wrote: so basically, if you have to smoke some asshole, make sure they become fertilizer and then Bounce? got it.

Guntrader wrote: Huh, maybe I was an asshole.

NRA Member/RSO
SAF 5 Year Donor
GOA Member


Sun Jun 13, 2021 7:32 pm
Profile
Site Supporter
User avatar
Site Supporter

Location: Unincorporated Rural Pierce County
Joined: Mon Feb 24, 2020
Posts: 1804
usrifle wrote:
I have no idea what you guy's are saying. It's a good thing i have Financial advisor's. :bigsmile:

That sounds familiar. :wink05:

_________________
Liberals never met a slippery slope they didn't grease.

I wish technology solved people issues. It seems to just reveal them.


Sun Jun 13, 2021 7:50 pm
Profile
Display posts from previous:  Sort by  
Reply to topic   [ 177 posts ]  Go to page Previous  1 ... 7, 8, 9, 10, 11, 12  Next

Who is online

Users browsing this forum: hadati, JohnMBrowning, Massivedesign, olydemon, usrifle and 61 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum



Rules WGO Chat Room Gear Rent Me NRA SAF CCKRBA
Calendar


Powered by phpBB® Forum Software © phpBB Group
Designed by ST Software for PTF.
[ Time : 2.849s | 19 Queries | GZIP : Off ]