Board 8 > Stock Topic 28

(+) Yeah! (+)

Im wondering if RIOT is going to pop again. Since Bitcoin is down so much, I reckon it just might.

Also, Im reckoning Pinterest is popping next week after earnings.

started a position in SMAA before the closing bell yesterday. Looking at IGEX right now and am considering getting in. Current holdings are:

WTII: .015 average, sold 40% of my shares for guaranteed profit on the remaining Friday. This could still run a lot more though, but might see a few red days next week after such a massive move. Nice share structure in OTC land though

RGBP: 300k shares remaining @ .008 average. Not sure if this rebounds but I sold a bunch already for a large amount so whatever.

PUGE: been buying here a fair bit, kinda see a head and shoulders chart which is bearish, but i think the reversal has started the past few days. I got in a tad early and have been averaging down. Rumors of a share buyback is in the works

SMAA: slightly down as i got in at .0048 on Friday, but I could see this chart breakout next week. Seeing large accumulation to distribution.

Thinking about getting back into PVDG, the chart is looking like the next wave is starting. Also IGEX is i think worth a gamble shot at .0016, the accumulation/distribution ratio is insane atm


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Apparently the Crypto.com app lets you buy Bitcoin with no fees.

Sunroof posted...

Apparently the Crypto.com app lets you buy Bitcoin with no fees.

Sounds very safe

Thats what it advertises but Ive read the opposite on reviews. Whatever.

As long as the interface is good right??

Crypto has not moved up to the hype since the initial surge a year ago IMO. It lost all of its second surge gains seemingly overnight. Everyone was saying crypto is the future and will only ever go up and never go below $50k again etc. etc. I hope you all sold for at least some gains before the massive drop off.

I wouldnt be surprised if it reached $60k sooner than later, but this rollercoaster is not what it was said to happen.

what the hell are you talking about Moonroof

Who said crypto would never pullback? That's not how anything works literally ever. Every crypto enthusiast I know in person or follow on YouTube and the like have all said they were all expecting a hard fall at some point after its recent surges.

Even after this fall BTC is still up 66% from the 33k price I bought at in January. Just 3 months ago. Staying this choppy, 66% gains every 3 months is damn good. I sold when it hit around 50k to finance other trades and have been waiting patiently to get back in. I was hoping for a real flash crash personally, but this is probably looking like a good loading zone.

Also crypto always flows in cycles. Around September is always when the thing gows monstrous for some reason. I bet it happens again too.

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imho DK GVSI will be the play of the year. sell all your inferior penny stonks and get in!

I've loaded up shares and am buying a million more Monday. this trade will make my $48k ENZC trade look like peanuts

I actually think I'll go long like 500k shares here. But I'll probably panic sell if it rockets too fast and just buy back after the inevitable massive dip. Short term price target for me is .10 - .15. I think the next week will be a thing of beauty.

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Sunroof posted...

Crypto has not moved up to the hype since the initial surge a year ago IMO. It lost all of its second surge gains seemingly overnight. Everyone was saying crypto is the future and will only ever go up and never go below $50k again etc. etc. I hope you all sold for at least some gains before the massive drop off.

I wouldnt be surprised if it reached $60k sooner than later, but this rollercoaster is not what it was said to happen.

Haha what are you talking about? Bitcoin is up 1000% from a year ago.

Im taking about the multiple people who said it wouldnt pull back beneath a certain price, i.e., $50k.

Sunroof posted...

Im taking about the multiple people who said it wouldnt pull back beneath a certain price, i.e., $50k.

We were telling you this when btc was sub-40k and are still correct.

Wow Blur, you think GVSI will go up nearly 900%?

it probably will eventually, it will run more. The question is will it sell off this week?


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Sunroof posted...

Wow Blur, you think GVSI will go up nearly 900%?

George Sharp is a miracle worker, and even if he doesn't pull a true TSNP 2.0 I think the hype is there for this thing to absolutely fly. TSNP, which became HMBL earlier this year, was over 100 bagger for some people who got in under a penny. 10,000% gains. It is the stuff of legends. You should look up the history of it and learn about these custodianship trades. The custodian who made TSNP happen? None other than George Sharp, the custodian who should have custody of GVSI by the end of next week.

Essentially, in these custodianships, the company the ticker belongs to is a dead shell. A custodian then comes along, in this case the most famous custodian in the game right now, and pays to get ownership over the ticker. This is all for the purpose of then reverse merging another company into it. Sharp significantly cleaned up the awful share structure of Tesoro when it became Humble, then shocked everyone when he locked a bunch of his own shares, restricting himself from selling for 2 years, I think it was, and giving shareholders a massive win. I have no idea if he'll do something like locking the float again, and you know I like to play the hype in these as it's the safest gamble, but just knowing the story and his credibility does make me want to go long at least some shares after securing profits.

So yeah, I think this thing will fly on hype alone and I'm going in deep. But custodian trades normally dump hard the same day they're confirmed. Fly on hype, dump, then stabilize by all the longs, probably after going down at least 50%. This one could dump less than normal on Sharp hype and all his loyalists but idk, it'll probably still plummet. If you want a good gamble trade to get in early it's my best bet. Especially if you just want a quick double bagger (but do remember it just had a huge run on Friday - in this case I think it will continue Monday but we'll see). I wouldn't have put near the cash I did here if I wasn't so confident in it.

Really sucks if I didn't sell for a mere 35% gain Friday I'd be up over 100% and $20k already!

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Thatd be insane if it goes up that much. Even 200% would be insane. Vanguard doesnt let me do OTC trades which honestly probably protects me as intended. Id probably get in on it otherwise.

It'll hit .10 no problem, absolute confidence in that. The only way it won't is if Sharp doesn't get custody, and based on all the DD I could dig up he already has this thing won. The former owner of the company isn't even trying to fight for it or anything.

Take a look at WRIT, this is another George Sharp custody trade and it went from under a penny like this one to .17 before it dumped and stabilized. Now back right around .10.

Yeah, OTCs can be crazy gains that you just can't get elsewhere. But if you're not getting in super early they're insanely risky and you can lose money faster than you can blink. Those I don't get in early I only social arb hype trade, like ENZC when its run to a dollar (which I correctly predicted would die just short of that) seemed inevitable.

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Here we go with the crypto bounceback! Let's goooooo.

I bought so much ADA in the 1.02-1.07 range. I really feel so great about this if we can make our way toward $2 in the coming weeks. I also loaded up on some BTC while it was under 50k.

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ExThaNemesis posted...

Here we go with the crypto bounceback! Let's goooooo.

I bought so much ADA in the 1.02-1.07 range. I really feel so great about this if we can make our way toward $2 in the coming weeks. I also loaded up on some BTC while it was under 50k.

Good man. I feel like we have one more really good rally in 2021 before a major sell-off spurred by Biden Tax Fear. If BTC cracks 80k, I'm out until the next dip.

Only 80k?

I think 100k is in play in the near future, but I do think there will be a sell-off and a crash.

At which point we spend the next few years accumulating!

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ADA looked nice this dip so I got some, but I've been primarily loading up on ETH in the low 2,000's

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There is at least a 10% chance DOGE goes to .420 again next year, assuming it doesnt blow up before then.

Menji posted...

ADA looked nice this dip so I got some, but I've been primarily loading up on ETH in the low 2,000's

Smart. ETH is the only big coin that didn't get hit very hard during this recent flash sale.

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WTII is gapping massively right now damn

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Dang I knew RIOT was a buy today.

Sunroof posted...

Crypto has not moved up to the hype since the initial surge a year ago IMO. It lost all of its second surge gains seemingly overnight. Everyone was saying crypto is the future and will only ever go up and never go below $50k again etc. etc. I hope you all sold for at least some gains before the massive drop off.

I wouldnt be surprised if it reached $60k sooner than later, but this rollercoaster is not what it was said to happen.

I believe BTC won't drop below 40k because there's a lot of institutional investment at that level.

I've also said that I think you want to stick with BTC for another 4 years or so, through the next halving and the following spike.

I will say, I have some hesitancy due to government impact - next big surge and I think the government will start making some noise about it. That is only based on fear and not anything else.

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I just saw a viral TikTok about some 23 year old running a Bitcoin mining farm in Iowa, and he said he used a million dollars in power last year.

Your average person just hears "bitcoin is bad for the environment", and doesn't really thinking anything of it, but I think the outrage--and the regulation--might follow a few more stories of "rich guy uses absurd amount of money to get richer for no community gains".

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Good, use that anger to support renewable energy reforms.

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ChaosTonyV4 posted...

I just saw a viral TikTok about some 23 year old running a Bitcoin mining farm in Iowa, and he said he used a million dollars in power last year.

Your average person just hears "bitcoin is bad for the environment", and doesn't really thinking anything of it, but I think the outrage--and the regulation--might follow a few more stories of "rich guy uses absurd amount of money to get richer for no community gains".

Hopefully this spurs the demand for nuclear power and DNN goes through the roof

Environmentalists coming for bitcoin is a when, not if.

I really think it's a time bomb

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Environmentalists, u mean eco-fascists?

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Lmao ok extha, chill out

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masterplum posted...

Environmentalists coming for bitcoin is a when, not if.

I really think it's a time bomb

And it will do nothing.

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Peace___Frog posted...

Lmao ok extha, chill out

I'm totally chill. I'm not the one trying to regulate what everyone does with their electricity

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ExThaNemesis posted...

I'm totally chill. I'm not the one trying to regulate what everyone does with their electricity

Thats not what an eco fascist is lol.

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DoomTheGyarados posted...

And it will do nothing.

Optimistically, it will do everything.

Fossil fuels have survived as long as they have because there is a financial incentive to keep them alive. This financial imperative to exist forced them to lobby and lobby for their own survival.

If you put that same amount of enthusiasm behind the bitcoin industry then there will be a will at work behind it's continued existence and the necessary adaptations could include an influx of renewable energy to trivialize the energy cost of mining bitcoin. If the two choices are "find new energy for bitcoin" or "allow the price of bitcoin to crash" I'm inclined to think the former choice will be supported. Especially with as much institutional money has been allocated into bitcoin at this point.

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https://twitter.com/wkdart/status/1386187042460106754?s=21

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MVIS continues to rise, wish I had put more in but hindsight is 50/50...

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Red meat, gas cars, crypto. Is there anything fun that environmentalists don't want to take away?

Imagine being the useful idiots that regulators need to stop bitcoin and other cryptos.

literally cannot stand eco-fascists/environmentalists. the person in that tweet has no idea how ironic they're being considering they have an 8 year old's understanding of how things work lol


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ChainLTTP posted...

Red meat, gas cars, crypto. Is there anything fun that environmentalists don't want to take away?

I wonder if they'll try to regulate the sun when it's turning into a red giant and blowing our atmosphere into space, too.

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ExThaNemesis posted...

Imagine being the useful idiots that regulators need to stop bitcoin and other cryptos.

literally cannot stand eco-fascists/environmentalists. the person in that tweet has no idea how ironic they're being considering they have an 8 year old's understanding of how things work lol

lol ok


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I mean, I feel like you're being pretty alarmist right now ExTha.

Yes, there is a growing concern by people about the energy cost of crypto and there is a certain amount of misunderstanding about it as well.

But I don't see any traction behind the idea of banning bitcoin so I'm not sure what the big deal is at this point.

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Forceful_Dragon posted...

I mean, I feel like you're being pretty alarmist right now ExTha.

Yes, there is a growing concern by people about the energy cost of crypto and there is a certain amount of misunderstanding about it as well.

But I don't see any traction behind the idea of banning bitcoin so I'm not sure what the big deal is at this point.

maybe but I'd rather be alarmist than allow what I can envision going forward to get traction.

Especially with this current administration, if they start listening to loud idiots talking about crypto being bad for the environment their eyes could go wide and see the opportunity they obviously want

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ExThaNemesis posted...

maybe but I'd rather be alarmist than allow what I can envision going forward to get traction.

you and environmentalists are just sooo different

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ExThaNemesis posted...

Especially with this current administration, if they start listening to loud idiots talking about crypto being bad for the environment their eyes could go wide and see the opportunity they obviously want

You're right. Biden/Harris literally take their policy points from the comments section on Twitter, so you better hope that people stick with the "environmental racism" trend before moving onto the "middle class people finally gaining wealth due to crypto is going to destroy the planet" arguments.

They obviously want the opportunity to what? lol whats the why part of your accusation here?


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Obviously I think my stance is a lot more moral.

Rich people are going to find any number of ways to exploit the environment for their benefit and y'all want to go after the one that allows regular people to also generate wealth and upward mobility?

Crabs in a bucket bro

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ExThaNemesis posted...

Rich people are going to find any number of ways to exploit the environment for their benefit and y'all want to go after the one that allows regular people to also generate wealth and upward mobility?

Bingo. Exactly why the Left hates crypto so much.

ExThaNemesis posted...

Obviously I think my stance is a lot more moral.

Rich people are going to find any number of ways to exploit the environment for their benefit and y'all want to go after the one that allows regular people to also generate wealth and upward mobility?

Crabs in a bucket bro

Thatsnot even the situation.

The amount of wealth a rich person who can afford millions of dollars of energy and your average crypto day trader can generate is not the same.

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