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Started By
Message
re: Money Talk challenge (1 year update)
Posted on 5/6/23 at 9:49 am to I Love Bama
Posted on 5/6/23 at 9:49 am to I Love Bama
quote:
all but guaranteed
1
Posted on 5/6/23 at 10:16 am to ronricks
Are you ready to make some easy money off me?
Posted on 5/6/23 at 11:15 am to slackster
quote:
Why 2 years?
He wants to wait until at least the next bitcoin halving
Posted on 5/6/23 at 12:38 pm to zzgobucky
quote:
He wants to wait until at least the next bitcoin halving
Are you insinuating it is guaranteed to go up near the halving? Sounds like a great bet for the common man.
Posted on 5/6/23 at 2:05 pm to I Love Bama
I wouldn't put money in escrow to place a wager with a stranger on the internet.
But I do think there are specific examples of investments I've chosen that are less likely to go down and may have more upside over the next two years.
For example u.un or glatf
But I do think there are specific examples of investments I've chosen that are less likely to go down and may have more upside over the next two years.
For example u.un or glatf
Posted on 5/6/23 at 2:14 pm to molsusports
The whole point of a third party escrow is it’s safe for both parties.
Many online to choose from.
Many online to choose from.
Posted on 5/6/23 at 2:27 pm to I Love Bama
We can pretend there's an escrow. But it would be pretty moronic to actually do if you cared about managing your money.
For example if bitcoin moons to 100k you should be able to harvest some gains and remove risk. This would really just be about fake prestige on a niche part of a message board anyway.
We can pretend. As of May 6 2023 currently seeing:
Bitcoin: 28,914.70USD
Glatf: 2.01 USD
TSE: U.UN: 16.08 CAD
We can compare the results on May 6, 2025 if we're both still posting here.
For example if bitcoin moons to 100k you should be able to harvest some gains and remove risk. This would really just be about fake prestige on a niche part of a message board anyway.
We can pretend. As of May 6 2023 currently seeing:
Bitcoin: 28,914.70USD
Glatf: 2.01 USD
TSE: U.UN: 16.08 CAD
We can compare the results on May 6, 2025 if we're both still posting here.
Posted on 5/6/23 at 5:10 pm to molsusports
quote:
We can compare the results on May 6, 2025 if we're both still posting here.
I've been here 15 years and you've been here longer. The chances are good.
But I am not interested in paper trading ego bets. I want someone with conviction who is putting their beliefs on the line.
I'm up to 50% of my net worth in Bitcoin. What do you have in Glatf?
Posted on 5/6/23 at 5:43 pm to I Love Bama
quote:
I'm up to 50% of my net worth in Bitcoin.
Congrats?
Posted on 5/6/23 at 7:08 pm to I Love Bama
quote:
I'm up to 50% of my net worth in Bitcoin
That seems risky
quote:
What do you have in Glatf?
A much more conservative amount
Posted on 5/6/23 at 10:24 pm to I Love Bama
quote:
The whole point of a third party escrow is it’s safe for both parties.
If only there were some sort of neutral, intelligent escrow system, like, I don't know, a smart contract on Ethereum that would handle this.
Bustin' your balls, bama
Posted on 5/6/23 at 10:45 pm to Im4datigers
quote:
Can I escrow the funds for everyone so I can make my 5%+ in CD and call game on all you mofo’s from a return perspective lol
Posted on 5/7/23 at 5:15 am to BottomlandBrew
quote:
like, I don't know, a smart contract on Ethereum
Only reason I haven’t sold that shitcoin. ??
Posted on 5/7/23 at 8:49 am to I Love Bama
quote:Why?
We can escrow $500 - $2,000
Why not just make a call?
A two-year bet, with an intervening election and likely recession, is obviously nothing more than a crapshoot.
But odds are that many/most up & comers like LMND, BILL, SNOW, or CV19 beatdown tickers (aka cruise lines) like NCLH will outperform BTC over that timeframe, with lower beta. Even with an intervening mild/moderate recession.
I'm not a BTC "hater" by any means. But its price drivers are opaque, at best, and so are wide open to manipulation (e.g. What was the cause of BTC's recent 75% drop). So I'm not an investor either.
Posted on 5/7/23 at 8:57 am to I Love Bama
quote:Yikes!
I'm up to 50% of my net worth in Bitcoin.
I hope that's worked out for you.
Posted on 5/7/23 at 9:35 am to go ta hell ole miss
I made a decent amount of money on NVDA. Good choice.
Posted on 5/7/23 at 9:39 am to I Love Bama
First, let's see if you can explain why Bitcoin will be more valuable in 2 years than it is today.
Posted on 5/7/23 at 9:40 am to I Love Bama
Bitcoin sure it has a higher ceiling
It also has a lower floor
It also has a lower floor
Posted on 5/7/23 at 4:35 pm to I Love Bama
quote:Those are some rookie numbers, got to pump them up bro
I'm up to 50% of my net worth in Bitcoin.
Posted on 5/7/23 at 9:33 pm to KWL85
quote:
I made a decent amount of money on NVDA. Good choice.
Same. I'm pissed I didn't buy more.
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