Moderators: paulpressey25, MickeyDavis
bizarro wrote:Speaking of Crypto: After the S Korean announcement (to be expected) today, the market has experienced a major upswing after the much needed correction. Such a fascinating marketplace.
BUCKnation wrote:bizarro wrote:Speaking of Crypto: After the S Korean announcement (to be expected) today, the market has experienced a major upswing after the much needed correction. Such a fascinating marketplace.
It's pretty crazy. Nice to have my bank transfer deposit of ETH into coinbase increase 120% while waiting the week.
If anyone has played FIFA ultimate team, its similar to that with the volatility when it comes to random announcement, expect its real money.
MissKhriddleton wrote:BUCKnation wrote:bizarro wrote:Speaking of Crypto: After the S Korean announcement (to be expected) today, the market has experienced a major upswing after the much needed correction. Such a fascinating marketplace.
It's pretty crazy. Nice to have my bank transfer deposit of ETH into coinbase increase 120% while waiting the week.
If anyone has played FIFA ultimate team, its similar to that with the volatility when it comes to random announcement, expect its real money.
The dopamine hit you get when opening your portfolio is N I C E.
MickeyDavis wrote:Binance is accepting new registrations for now anyway.
HaroldinGMinor wrote:MickeyDavis wrote:Binance is accepting new registrations for now anyway.
And....gone.
Where did you see that? Their website still has the message from 1/5 saying they aren't accepting new registrations.
bizarro wrote:MissKhriddleton wrote:BUCKnation wrote:It's pretty crazy. Nice to have my bank transfer deposit of ETH into coinbase increase 120% while waiting the week.
If anyone has played FIFA ultimate team, its similar to that with the volatility when it comes to random announcement, expect its real money.
The dopamine hit you get when opening your portfolio is N I C E.
I know the feeling. AND, this can change day-to-day or hour-to-hour! HA!
At the market dip before the South Korea announcement, I flipped half of my alt coin portfolio holdings solely into Neo at the low of $113. Today, I wake up to see Neo sitting at $138. You can't gain that % in BTC these days. Not bad to see a 22% valuation in 1.5 days. This is always possible in cryptolandia. BUT, you have to be paying attention and reading the 50/100/200 day averages and watching the candles.
Enter the Crypto Crackhouse
Nearby is a building residents call the Crypto Crackhouse.
Grant Hummer, who runs the San Francisco Ethereum Meetup, lives there. Long hallways called Bitcoin Boulevard and Ethereum Alley lead to communal bathrooms. Mr. Hummer and his co-founder committed $40 million of their own crypto-made money to their new $100 million hedge fund, Chromatic Capital.
“My neurons are fried from all the volatility,” Mr. Hummer said. “I don’t even care at this point. I’m numb to it. I’ll lose a million dollars in a day and I’m like, O.K.”
His room is simple: a bed, a futon, a TV on a mostly empty media console, three keyboard cleaning sprays and a half dozen canisters of Lysol wipes. His T-shirt read, ‘The Lizard of Wall Street,’ with a picture of a lizard in a suit, dollar-sign necklaces around its neck. He carries with him a coin that reads, “memento mori,” to remind himself he can die any day. He sees the boom as part of a global apocalypse.
“The worse regular civilization does and the less you trust, the better crypto does,” Mr. Hummer said. "It’s almost like the ultimate short trade.”
sidney lanier wrote:
Another less apocalypse-dependent investment area also mentioned in the Times this weekend: AI chipmakers. I've invested for many years in semiconductor equipment makers (Applied Materials and others) in part on the theory that Moore's Law will drag along the need to buy new machines to make denser chips. Maybe these boutique AI chipmakers will grow up to be AMAT customers. Or maybe some new equipment maker specializing in these new chips will emerge.
bizarro wrote:midranger wrote:Anyone ever participate on the peer to peer lending or crowd funded real estate websites?
No, but before I dove so deep in crypto I was seriously considering. I'd be curious to hear anyone's experience. It seems like an interesting idea.
Aurora's 2017 3rd quarter profits of $8 million were from only 1,009,585 grams, or 1,009 kg. In the near future (2yrs) Aurora's current projects and acquisitions should be completed and be producing over 200,000 kg yearly or 50,000 quarterly. 50 times more cannabis than what is currently being produced. Assuming there's around 700,000,000 shares outstanding 2 years from now and $1.6 billion in yearly profit, $2.28 earnings per share, a PE ratio of 30, the stock price should be $68.50 if all the numbers come true. Also, there's going to be many more projects and acquisitions announced in the next 2 years. I hope to get a few responses.
