Favorite team:Alabama 
Location:North Carolina
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Number of Posts:54698
Registered on:11/21/2008
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You can buy a phone basically anywhere now and port over painlessly.

If it's esim, you don't even have to tell your current carrier
Yeah oil been a massive tear thanks to the war.

Wasn't that long ago that the board said they were dead money.

Just the cyclical nature of the oil trade

re: SPCX IPO

Posted by UltimaParadox on 10/30/26 at 8:50 am to
Difference is that space X is already worth 2T.

Apple maybe your closest comparison, but their valuation as a percentage of gdp was much lower back in 2015 than space X today.

Space X valuations already include a lot of the lofty goals being outlined in this thread which they have not even delivered yet. Apple was transitioning from a domestic only behemoth to a global behemoth, generating insane profits.

Posts expecting them to be mining helium 3 within the decade explain why the valuation currently sits where it does today.

High risk, once again is very unlikely.
Even the S&P600 small cap is now up 17% ytd, out performing the S&P500, so it's purely not a cycle from risk to defense.

Just specifically cycling out of the AI trade
excluding the AI based comapnies, market has been steadily rising. S&P minus AI is now out performing for the year vs the the benchmark.

Curious to see how long this cycle last
Twitter and Reddit both want that data. Required logins and will try anything to get you to install the app, which just serves a web page with spyware installed on the side
quote:

when mt gox shut down, it handled almost all of the bitcoin transactions in the word. wouldn't that have been bigger?


Crypto bros love the news headlines so they use their "market cap" not volume.

Binance has been a shady exchange for a long time. 99% of the traffic on there is wash trading, and is mostly used by criminals. Binance is not allowed to operate in the USA due to being caught with money laundering charges etc...

CZ the founder was pardoned by Trump
Every other time this has happened to a crypto "exchange". The exchange was secretly insolvent and was liquidating user funds.

What is seriously funny is that BTC is free from "control". But every off ramp to real money was immediately frozen.

re: SPCX IPO

Posted by UltimaParadox on 10/29/26 at 1:09 pm to
The valuation being quoted was specifically 10 years from now.

As everyone finds out quickly with the mega large cap companies.. Execution can be perfect, like Nvidia, but the stock won't move and keep the same valuation as it has today.

Mostly because there is not enough free capital to move it, and that is so large that the concentration risk because insurmountable.

So yes there is clearly a timeline where space x executes perfectly and the stock does nowhere near 10x

re: SPCX IPO

Posted by UltimaParadox on 10/29/26 at 11:01 am to
The US economy over the last 10 years which has been done exceptionally well has grown 76% since 2015. Around 30% when adjusted for inflation.

So even if it keeps pace the entire economy would be around 50 trillion.

Space X would be worth 40% of the future economy at 20T. Extremely unlikely

re: Credit Card Question

Posted by UltimaParadox on 10/28/26 at 7:58 pm to
quote:

Stick with cash, especially if you pay in full every month

Rewards are overinflated to goods / services received, cash is cash


Cash is leaving a lot of money on the table. Majority of business factor in the cost of the transaction fees into the price. Very little places to cash discount.

You are generally at a disadvantage paying cash. Not even factoring in the hassle of carrying cash.

If you are paying it off every month, card is king

re: Credit Card Question

Posted by UltimaParadox on 10/28/26 at 7:48 pm to
Depends on your spending. Flat rate 2% cards will be tough to beat if you don't travel.

Chase ultimate rewards points are best used on travel.

Costco card with no annual fee is pretty solid as well

5% Costco gas
4% any gas
3% restaurants and travel
2% Costco purchases
1% anything else

They cut you a check once a year

re: SPCX IPO

Posted by UltimaParadox on 10/28/26 at 7:34 pm to
quote:

ten years this stock will be 10x is valu


Space X will basically be equal to 2/3 the entire economy... That seems unlikely
quote:

With the STAR50 index still at around 100 times trailing earnings, albeit down from a high of nearly 250, investors compare the Nasdaq 100's multiple of 30 and worry the selloff could get worse before it gets better.


Yikes... would not say it has burst yet.

No matter what the industry you can't borrow money forever, and eventually you do have to make a profit.

The large AI plays like Anthropic and OpenAI have no path to profits. SpaceX quietly transitioned their plan to not sell AI, but sell compute to to other players.

Google, Microsoft, and Meta all have large revenue generating businesses that will survive if it goes belly up. Remember just about a decade again when everyone was dumping billions in VR. What a miss..
Alabama got dominated by Tennessee this year. I'm not sure what you are expecting of them
quote:

meh, "vacated wins"


To be fair it's only 1, no clue where the guy got 2. Lol
quote:

that number is since LSU has won in Lexington


Incorrect it was the last time LSU officially won against Kentucky in football.

Not just in Lexington, 2011 was their last official win against Kentucky
LSU has 1 win in the last 5 games against them
Funny to see them playing the superior card. The last official LSU win over Kentucky was the Les Miles 2011 team.

Kentucky just been the better program