Board 8 > Stock Topic 32

(+) Yeah! (+)

What a ride its been watching that one for you guys.

It's just wild seeing these prices solely on hype and speculation, all while very few people can buy. Georgie needs to drop the big guns soon.

All I know is if it's something crypto related, I am probably a multi-millionaire in a month or two.

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Then again, this kind of speculative movement shouldn't be that surprising in OTC world. ENZC is hot garbage without a reputable name like Sharp attached to it and ran to almost a dollar lol

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Oh noes China wont be able to try and control future world currency

lol

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Future world currency? Lol cryptos not currency though

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Maybe just pretend you care about the environment instead?

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I have plenty of crypto, but lets not act like its actually used as currency or environmentally friendly, lol

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Bitcoin =/= all cryptocurrencies so you can't drop the environmentally friendly part. That excuse won't exist forever and frankly is living on borrowed time.

Cryptocurrencies have just as must intrinsic value as "regular" currencies. It's all extrinsic which makes them just as viable when the same amount of confidence gets placed in them.

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Forceful_Dragon posted...

Bitcoin =/= all cryptocurrencies so you can't drop the environmentally friendly part. That excuse won't exist forever and frankly is living on borrowed time.

Cryptocurrencies have just as must intrinsic value as "regular" currencies. It's all extrinsic which makes them just as viable when the same amount of confidence gets placed in them.

Trust me. If BTC was made illegal all crypto would dive with it, at least temporarily.

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I'm liking this opportunity to buy in to ETH.

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masterplum posted...

Trust me. If BTC was made illegal all crypto would dive with it, at least temporarily.

FUD causes people to do irrational things, I agree.


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Forceful_Dragon posted...

the same amount of confidence gets placed in them.

Nothing with the variance in value of a crypto will ever work as currency.

Maybe someday that's actually what they'll be for but when you're tripling or halving in value of the course of a few months it's not actually a currency yet. That's just an ideal, one that will be harder to reach the more governments oppose it.

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That's basically why I didn't feel it (Bitcoin specifically, but crypto in general) was something valuable in 2011 that was worth mining and why I stopped, sold, and didn't buy any crypto until recently. I didn't see it going anywhere. I didn't expect it to be something to be as speculative as it is now. I think that's the value and I don't really see it changing anytime soon.

We're getting close to it, especially with El Salvador making Bitcoin an official currency alongside the US dollar. I've seen Bitcoin and Dogecoin being accepted at some businesses, but that's usually for marketing purposes; the exchange rate changes often, and I imagine they just sell the coin after they get it.

But ultimately, the price is too unstable for people to really trust it if they want the stability of money they own. I think most people getting into crypto are doing it not to exchange it for goods and services someday, but as an alternative investment. It's like digital gold. Nothing wrong with that, but it's more of a speculative asset unless you're actually holding it AND using it for goods and services. It hasn't been proven as a real currency people want to use instead of a traditional currency and it won't be until it's not seen as any more of an investment than a US dollar, Euro, Yen, etc.

In all honesty, the time I saw any crypto most as a currency, El Salvador aside, was when I read a story sometime after the Bitcoin crash but before the boom where some people decided to completely stop using anything but Bitcoin. But right now? Like Elon Musk joked about on SNL about Dogecoin, crypto seems more like a hustle to me than a currency.

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I dont know what to make of crypto. Im glad Im not looking at it every second anymore though.

Tossed in about 2k on a Chinese magic mushroom stock going for $0.23 currently, FAMI. Seems like there could be upside on a lot of fronts here

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Alright, finally able to buy GVSI again


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just bought more aunxf. The bullish pennant looking nice.

Current holdings

RGBP (average .012)
GVSI (average .013)
AUNXF (average .009)
EEENF (average .026)
PUGE (average .0028)

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Might sell PUGE today/early tmo if the spinning top chart pattern settles

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Metal_DK posted...

just bought more aunxf. The bullish pennant looking nice.

Current holdings

RGBP (average .012)
GVSI (average .013)
AUNXF (average .009)
EEENF (average .026)
PUGE (average .0028)

Do any of these still look like good buys at their current price?

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Also grabbing 300 shares of ANY (along with 5 Oct calls)

Elon Musk rumors + clean energy + bitcoin + short interest I don't see this one going bad

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Aunxf looks the best imo with a nice pennant on the daily chart. Puge is prob the worst right now for the short term, pretty big spike the past few days

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Filings on all 3 George Sharp tickers are in. Officially pink current. We'll see when I can buy again on TD. I'd like to throw some money at SRNW - it's the only one I don't own.

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Lopen posted...

Tossed in about 2k on a Chinese magic mushroom stock going for $0.23 currently, FAMI. Seems like there could be upside on a lot of fronts here

China

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China

Buy the dip on China

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If I kept buying the dip on china I'd be in the gulag with the rest of the people buying alibaba

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Once FAMI doubles I'll put my profits into Alibaba LEAPS

China has never steered me wrong before

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https://investorshub.advfn.com/uimage/uploads/2021/9/26/jxlxe5oc5y7.jpg

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