Post by: CigarBanter on December 18, 2024, 12:10:25 AM
Post by: LuvTooGolf on December 18, 2024, 06:07:49 AM
Post by: LuvTooGolf on December 18, 2024, 06:08:32 AM
Torano Exodus Silver Perfecto - 10/39.99
Post by: LuvTooGolf on December 18, 2024, 06:09:24 AM
Door #1 - CAO Black Mosaic (Corona) - 10/29.99
Door #2 - San Cristobal Revelation Legend (Toro) - 10/59.99
Door #3 - Drew Estate Undercrown Shade Gran Toro - 5/24.99
Post by: A Friend of Charlie on December 18, 2024, 06:18:34 AM
Morning, humps.I'm being humpied in a 70° house this morning. Good morning, HumpingDave.
Post by: LuvTooGolf on December 18, 2024, 06:22:38 AM
Sounds like a welcome change.Morning, humps.I'm being humpied in a 70° house this morning. Good morning, HumpingDave.
Post by: A Friend of Charlie on December 18, 2024, 06:47:46 AM
Just in time for the boys' birthday. They are 15 today.Sounds like a welcome change.Morning, humps.I'm being humpied in a 70° house this morning. Good morning, HumpingDave.
Post by: LuvTooGolf on December 18, 2024, 07:21:38 AM
Happy birthday, boys! Enjoy your present of a good temperature in the house!Just in time for the boys' birthday. They are 15 today.Sounds like a welcome change.Morning, humps.I'm being humpied in a 70° house this morning. Good morning, HumpingDave.
Post by: A Friend of Charlie on December 18, 2024, 07:24:03 AM
Exactly! Santa came early this year too.Happy birthday, boys! Enjoy your present of a good temperature in the house!Just in time for the boys' birthday. They are 15 today.Sounds like a welcome change.Morning, humps.I'm being humpied in a 70° house this morning. Good morning, HumpingDave.
Post by: LuvTooGolf on December 18, 2024, 07:42:48 AM
After this year, he might never be back!Exactly! Santa came early this year too.Happy birthday, boys! Enjoy your present of a good temperature in the house!Just in time for the boys' birthday. They are 15 today.Sounds like a welcome change.Morning, humps.I'm being humpied in a 70° house this morning. Good morning, HumpingDave.
Post by: A Friend of Charlie on December 18, 2024, 08:48:38 AM
I like the way you think.After this year, he might never be back!Exactly! Santa came early this year too.Happy birthday, boys! Enjoy your present of a good temperature in the house!Just in time for the boys' birthday. They are 15 today.Sounds like a welcome change.Morning, humps.I'm being humpied in a 70° house this morning. Good morning, HumpingDave.
Post by: Travellin Dave on December 18, 2024, 09:00:10 AM
She's that happy to have heat again?Morning, humps.I'm being humpied in a 70° house this morning. Good morning, HumpingDave.
Post by: Travellin Dave on December 18, 2024, 09:02:16 AM
Post by: Travellin Dave on December 18, 2024, 09:32:08 AM
https://halfwheel.com/cao-arcana-thunder-smoke/445506/
Post by: Travellin Dave on December 18, 2024, 09:35:57 AM
https://halfwheel.com/first-gellis-piece-unique-heads-to-stores/445455/
Post by: LuvTooGolf on December 18, 2024, 09:39:18 AM
LALTSShe's that happy to have heat again?Morning, humps.I'm being humpied in a 70° house this morning. Good morning, HumpingDave.
Post by: razgueado on December 18, 2024, 09:43:44 AM
Post by: Travellin Dave on December 18, 2024, 09:44:41 AM
https://www.smokeinn.com/Espinosa-Murcielago-Shikaka-TAA-2024/
Post by: A Friend of Charlie on December 18, 2024, 09:53:10 AM
Morning, muchachos.Good morning, Bret and ClemsonDave.
Post by: razgueado on December 18, 2024, 09:56:22 AM
another Murcielago iteration:Kind of an unfortunate name.
https://www.smokeinn.com/Espinosa-Murcielago-Shikaka-TAA-2024/
Post by: razgueado on December 18, 2024, 09:56:32 AM
Howdy, T.Morning, muchachos.Good morning, Bret and ClemsonDave.
Post by: A Friend of Charlie on December 18, 2024, 09:57:57 AM
Metaphorical humping.She's that happy to have heat again?Morning, humps.I'm being humpied in a 70° house this morning. Good morning, HumpingDave.
Post by: Travellin Dave on December 18, 2024, 10:02:16 AM
There are 13 days left in the year.
Today in history:
On Dec. 18, 2019, the U.S. House impeached President Donald Trump on two charges, sending his case to the Senate for trial; the articles of impeachment accused him of abusing the power of the presidency to investigate rival Joe Biden ahead of the 2020 election and then obstructing Congress’ investigation. (It was the first of two Trump impeachment trials that would end in acquittal by the Senate.)
Also on this date:
In 1865, the 13th Amendment to the Constitution, abolishing slavery, was declared in effect by Secretary of State William H. Seward.
In 1892, Peter Ilyich Tchaikovsky’s ballet “The Nutcracker” publicly premiered in St. Petersburg, Russia; although now considered a classic, it received a generally negative reception from critics.
In 1917, Congress passed the 18th Amendment to the U.S. Constitution prohibiting “the manufacture, sale, or transportation of intoxicating liquors” and sent it to the states for ratification. (It was repealed in 1933 by the 21st Amendment.)
In 1957, the Shippingport Atomic Power Station in Pennsylvania, the first nuclear facility to generate electricity in the United States, went on line. (It was taken out of service in 1982.)
In 2011, the last convoy of heavily armored U.S. troops left Iraq, crossing into Kuwait in darkness in the final moments of a nearly nine-year war.
In 2022, Argentina beat France 4-2 in a penalty shootout to claim a third World Cup, the first for star Lionel Messi.
Post by: razgueado on December 18, 2024, 10:02:33 AM
Metaphor for what?Metaphorical humping.She's that happy to have heat again?Morning, humps.I'm being humpied in a 70° house this morning. Good morning, HumpingDave.
Wait, I withdraw the question.
Post by: Travellin Dave on December 18, 2024, 10:04:16 AM
Chef Jacques Pépin is 89.
Rock musician Keith Richards is 81.
Filmmaker Alan Rudolph is 81.
Filmmaker Steven Spielberg is 78.
Filmmaker Gillian Armstrong is 74.
R&B singer Angie Stone is 63.
Actor Brad Pitt is 61.
Singer Alejandro Sanz is 56.
Tennis Hall of Famer Arantxa Sanchez Vicario is 53.
Pop singer Sia is 49.
Country singer Randy Houser is 49.
Actor Katie Holmes is 46.
Singer Christina Aguilera is 44.
MLB outfielder Ronald Acuña Jr. is 27.
NFL quarterback Jayden Daniels is 24.
Singer Billie Eilish is 23.
Post by: Travellin Dave on December 18, 2024, 10:05:36 AM
Post by: LuvTooGolf on December 18, 2024, 10:08:20 AM
Today's Over/Under is 86
Post by: LuvTooGolf on December 18, 2024, 10:08:36 AM
Morning, muchachos.Morning, Page2Raz.
Post by: LuvTooGolf on December 18, 2024, 10:18:52 AM
https://www.cigarpage.com/mor-is-better-is-mor.html
Post by: razgueado on December 18, 2024, 10:19:48 AM
Today’s Birthdays:Nine.
Chef Jacques Pépin is 89.
Rock musician Keith Richards is 81.
Filmmaker Alan Rudolph is 81.
Filmmaker Steven Spielberg is 78.
Filmmaker Gillian Armstrong is 74.
R&B singer Angie Stone is 63.
Actor Brad Pitt is 61.
Singer Alejandro Sanz is 56.
Tennis Hall of Famer Arantxa Sanchez Vicario is 53.
Pop singer Sia is 49.
Country singer Randy Houser is 49.
Actor Katie Holmes is 46.
Singer Christina Aguilera is 44.
MLB outfielder Ronald Acuña Jr. is 27.
NFL quarterback Jayden Daniels is 24.
Singer Billie Eilish is 23.
Post by: razgueado on December 18, 2024, 10:45:02 AM
Follow me for more investing tips.
Post by: A Friend of Charlie on December 18, 2024, 10:47:12 AM
Today’s Birthdays:
Chef Jacques Pépin is 89.
Rock musician Keith Richards is 81.
Filmmaker Alan Rudolph is 81.
Filmmaker Steven Spielberg is 78.
Filmmaker Gillian Armstrong is 74.
R&B singer Angie Stone is 63.
Actor Brad Pitt is 61.
Singer Alejandro Sanz is 56.
Tennis Hall of Famer Arantxa Sanchez Vicario is 53.
Pop singer Sia is 49.
Country singer Randy Houser is 49.
Actor Katie Holmes is 46.
Singer Christina Aguilera is 44.
MLB outfielder Ronald Acuña Jr. is 27.
NFL quarterback Jayden Daniels is 24.
Singer Billie Eilish is 23.
Today's Over/Under is 8Ten!
Post by: LuvTooGolf on December 18, 2024, 11:00:28 AM
How to stop a Bitcoin surge: Just ask me to throw a little money at it.Alternatively, you could have me throw some money at it, then have the hosting company I used go bankrupt. Then I get back a fraction of the money I invested (granted, it was very little, so no harm done), but then it goes up 5x in the next year.
Follow me for more investing tips.
Post by: A Friend of Charlie on December 18, 2024, 11:08:09 AM
You guys have disposable income?How to stop a Bitcoin surge: Just ask me to throw a little money at it.Alternatively, you could have me throw some money at it, then have the hosting company I used go bankrupt. Then I get back a fraction of the money I invested (granted, it was very little, so no harm done), but then it goes up 5x in the next year.
Follow me for more investing tips.
Post by: LuvTooGolf on December 18, 2024, 11:14:14 AM
Disposable being the key word, apparently. And I wasn't exaggerating when I said it was very little.You guys have disposable income?How to stop a Bitcoin surge: Just ask me to throw a little money at it.Alternatively, you could have me throw some money at it, then have the hosting company I used go bankrupt. Then I get back a fraction of the money I invested (granted, it was very little, so no harm done), but then it goes up 5x in the next year.
Follow me for more investing tips.
Post by: razgueado on December 18, 2024, 11:34:13 AM
I'm done paying college tuition, and I think Dave hasn't started yet. So yeah. Something for you to look forward to, T.You guys have disposable income?How to stop a Bitcoin surge: Just ask me to throw a little money at it.Alternatively, you could have me throw some money at it, then have the hosting company I used go bankrupt. Then I get back a fraction of the money I invested (granted, it was very little, so no harm done), but then it goes up 5x in the next year.
Follow me for more investing tips.
Post by: razgueado on December 18, 2024, 11:38:37 AM
First I ever heard of Bitcoin was on the iHavanas website. They offered a 10% discount if you paid in Bitcoin. But the cost of Bitcoin then was in excess of 10% of the dollar. So I was, like, "Why?" I should have researched it further.How to stop a Bitcoin surge: Just ask me to throw a little money at it.Alternatively, you could have me throw some money at it, then have the hosting company I used go bankrupt. Then I get back a fraction of the money I invested (granted, it was very little, so no harm done), but then it goes up 5x in the next year.
Follow me for more investing tips.
Post by: LuvTooGolf on December 18, 2024, 11:51:57 AM
Nothing beats the story of the guy who very early on paid 10,000 Bitcoin for 2 Papa John's pizzas. That dude has been living an agony for years that I cannot imagine.First I ever heard of Bitcoin was on the iHavanas website. They offered a 10% discount if you paid in Bitcoin. But the cost of Bitcoin then was in excess of 10% of the dollar. So I was, like, "Why?" I should have researched it further.How to stop a Bitcoin surge: Just ask me to throw a little money at it.Alternatively, you could have me throw some money at it, then have the hosting company I used go bankrupt. Then I get back a fraction of the money I invested (granted, it was very little, so no harm done), but then it goes up 5x in the next year.
Follow me for more investing tips.
Post by: LuvTooGolf on December 18, 2024, 11:54:05 AM
In fact, it looks like some people celebrate May 22nd now as Bitcoin Pizza Day.Nothing beats the story of the guy who very early on paid 10,000 Bitcoin for 2 Papa John's pizzas. That dude has been living an agony for years that I cannot imagine.First I ever heard of Bitcoin was on the iHavanas website. They offered a 10% discount if you paid in Bitcoin. But the cost of Bitcoin then was in excess of 10% of the dollar. So I was, like, "Why?" I should have researched it further.How to stop a Bitcoin surge: Just ask me to throw a little money at it.Alternatively, you could have me throw some money at it, then have the hosting company I used go bankrupt. Then I get back a fraction of the money I invested (granted, it was very little, so no harm done), but then it goes up 5x in the next year.
Follow me for more investing tips.
Post by: A Friend of Charlie on December 18, 2024, 12:16:54 PM
That's a lot for two franchise locations.In fact, it looks like some people celebrate May 22nd now as Bitcoin Pizza Day.Nothing beats the story of the guy who very early on paid 10,000 Bitcoin for 2 Papa John's pizzas. That dude has been living an agony for years that I cannot imagine.First I ever heard of Bitcoin was on the iHavanas website. They offered a 10% discount if you paid in Bitcoin. But the cost of Bitcoin then was in excess of 10% of the dollar. So I was, like, "Why?" I should have researched it further.How to stop a Bitcoin surge: Just ask me to throw a little money at it.Alternatively, you could have me throw some money at it, then have the hosting company I used go bankrupt. Then I get back a fraction of the money I invested (granted, it was very little, so no harm done), but then it goes up 5x in the next year.
Follow me for more investing tips.
Post by: LuvTooGolf on December 18, 2024, 12:54:49 PM
Puzzle #86
🔵🔵🔵🔵
🟢🟢🟢🟢
🟣🟣🟣🟣
🟡🟡🟡🟡
Post by: LuvTooGolf on December 18, 2024, 12:55:12 PM
Puzzle #556
🟨🟨🟨🟨
🟦🟦🟦🟦
🟩🟩🟩🟩
🟪🟪🟪🟪
Post by: LuvTooGolf on December 18, 2024, 01:38:00 PM
CNS, that would still be a terrible deal, but at least it would be slightly better than 16 slices of pizza.That's a lot for two franchise locations.In fact, it looks like some people celebrate May 22nd now as Bitcoin Pizza Day.Nothing beats the story of the guy who very early on paid 10,000 Bitcoin for 2 Papa John's pizzas. That dude has been living an agony for years that I cannot imagine.First I ever heard of Bitcoin was on the iHavanas website. They offered a 10% discount if you paid in Bitcoin. But the cost of Bitcoin then was in excess of 10% of the dollar. So I was, like, "Why?" I should have researched it further.How to stop a Bitcoin surge: Just ask me to throw a little money at it.Alternatively, you could have me throw some money at it, then have the hosting company I used go bankrupt. Then I get back a fraction of the money I invested (granted, it was very little, so no harm done), but then it goes up 5x in the next year.
Follow me for more investing tips.
Post by: LuvTooGolf on December 18, 2024, 02:03:56 PM
I assume you know that today is also National Twin Day? That's our coinky dink of the day.Just in time for the boys' birthday. They are 15 today.Sounds like a welcome change.Morning, humps.I'm being humpied in a 70° house this morning. Good morning, HumpingDave.
Post by: A Friend of Charlie on December 18, 2024, 02:14:43 PM
If I knew that, I forgot. That is pretty funny.I assume you know that today is also National Twin Day? That's our coinky dink of the day.Just in time for the boys' birthday. They are 15 today.Sounds like a welcome change.Morning, humps.I'm being humpied in a 70° house this morning. Good morning, HumpingDave.
Post by: A Friend of Charlie on December 18, 2024, 02:17:41 PM
Not that I didn't believe you but when I looked it up, I also found the following information:If I knew that, I forgot. That is pretty funny.I assume you know that today is also National Twin Day? That's our coinky dink of the day.Just in time for the boys' birthday. They are 15 today.Sounds like a welcome change.Morning, humps.I'm being humpied in a 70° house this morning. Good morning, HumpingDave.
There is also an annual Twins Days festival that takes place in Twinsburg, Ohio on the first full weekend in August. The festival began in 1976 and is considered the world's largest annual gathering of twins and multiples.
Post by: Travellin Dave on December 18, 2024, 02:58:50 PM
Post by: Travellin Dave on December 18, 2024, 02:59:28 PM
Post by: razgueado on December 18, 2024, 03:15:52 PM
Laszlo Hanyecz. He says he has no regrets. Maybe he doesn't.Nothing beats the story of the guy who very early on paid 10,000 Bitcoin for 2 Papa John's pizzas. That dude has been living an agony for years that I cannot imagine.First I ever heard of Bitcoin was on the iHavanas website. They offered a 10% discount if you paid in Bitcoin. But the cost of Bitcoin then was in excess of 10% of the dollar. So I was, like, "Why?" I should have researched it further.How to stop a Bitcoin surge: Just ask me to throw a little money at it.Alternatively, you could have me throw some money at it, then have the hosting company I used go bankrupt. Then I get back a fraction of the money I invested (granted, it was very little, so no harm done), but then it goes up 5x in the next year.
Follow me for more investing tips.
I mean, I don't exactly lose sleep over not dropping $20K into Bitcoin in 2017, when I had the money and a friend with expertise was doing his best to explain it to me. No matter how you cut it, and my friend Mark has cut it up six ways from Sunday for me (and so far he's made a lot of money on it and I've only made a few grand) it's still speculation. Supply and Demand are good explanations of what happens after the fact, but are not a good way to predict the future for a financial instrument. Past performance does not ensure future results. Mark and I have had lots of debates about this, and he still thinks he's following science and I keep pointing out that he's not, and I am correct that he's not. Options trading is closer to science than trading crypto. Trading crypto isn't even an art.
But...he's lucked into being right, and he's made a lot of money, and that automatically trumps anything I say, at least until such point as he loses a lot of money. Shrug.
So, I missed the boat in 2010. And I missed the boat during COVID. But I'm still at the same point I was then. I could sell $20K worth of stock today and put the money into Bitcoin, or into a diversified collection of cryptocurrencies. Hell, I could drop $50K. Today. But should I?
I remember during the pandemic, Mark and I had a cigar and we were talking about crypto and how the stock market had tanked. "Mark my words," he said. "People are going to buy a lot of crypto as a hedge. You should start buying before the price jumps." But it DIDN'T jump. Crypto was in the toilet until last year. But he bought as much as he could afford then, and I didn't. So he says he told me so, and I tell him that he didn't - he just guessed correctly. But he's got the money. Now he says it's broken $100K and it's headed for $1M.
So I should loot the brokerage account and put it into crypto, right? I mean, he's been right since 2014 when he got into it.
I dunno.
Post by: A Friend of Charlie on December 18, 2024, 03:25:44 PM
I wouldn't, even if I had it. The price doesn't make sense. I wouldn't be surprised if tomorrow it's worth 25¢.Laszlo Hanyecz. He says he has no regrets. Maybe he doesn't.Nothing beats the story of the guy who very early on paid 10,000 Bitcoin for 2 Papa John's pizzas. That dude has been living an agony for years that I cannot imagine.First I ever heard of Bitcoin was on the iHavanas website. They offered a 10% discount if you paid in Bitcoin. But the cost of Bitcoin then was in excess of 10% of the dollar. So I was, like, "Why?" I should have researched it further.How to stop a Bitcoin surge: Just ask me to throw a little money at it.Alternatively, you could have me throw some money at it, then have the hosting company I used go bankrupt. Then I get back a fraction of the money I invested (granted, it was very little, so no harm done), but then it goes up 5x in the next year.
Follow me for more investing tips.
I mean, I don't exactly lose sleep over not dropping $20K into Bitcoin in 2017, when I had the money and a friend with expertise was doing his best to explain it to me. No matter how you cut it, and my friend Mark has cut it up six ways from Sunday for me (and so far he's made a lot of money on it and I've only made a few grand) it's still speculation. Supply and Demand are good explanations of what happens after the fact, but are not a good way to predict the future for a financial instrument. Past performance does not ensure future results. Mark and I have had lots of debates about this, and he still thinks he's following science and I keep pointing out that he's not, and I am correct that he's not. Options trading is closer to science than trading crypto. Trading crypto isn't even an art.
But...he's lucked into being right, and he's made a lot of money, and that automatically trumps anything I say, at least until such point as he loses a lot of money. Shrug.
So, I missed the boat in 2010. And I missed the boat during COVID. But I'm still at the same point I was then. I could sell $20K worth of stock today and put the money into Bitcoin, or into a diversified collection of cryptocurrencies. Hell, I could drop $50K. Today. But should I?
I remember during the pandemic, Mark and I had a cigar and we were talking about crypto and how the stock market had tanked. "Mark my words," he said. "People are going to buy a lot of crypto as a hedge. You should start buying before the price jumps." But it DIDN'T jump. Crypto was in the toilet until last year. But he bought as much as he could afford then, and I didn't. So he says he told me so, and I tell him that he didn't - he just guessed correctly. But he's got the money. Now he says it's broken $100K and it's headed for $1M.
So I should loot the brokerage account and put it into crypto, right? I mean, he's been right since 2014 when he got into it.
I dunno.
Post by: A Friend of Charlie on December 18, 2024, 03:38:37 PM
Connections: Sports Edition
Puzzle #86
🟡🟡🟡🟡
🟢🟢🟢🟢
🟣🔵🟣🔵
🔵🔵🟣🔵
🟣🔵🔵🔵
🟣🔵🟣🟣
Post by: A Friend of Charlie on December 18, 2024, 03:52:02 PM
Puzzle #556
🟪🟦🟩🟨
🟦🟦🟦🟦
🟨🟨🟨🟨
🟩🟩🟩🟩
🟪🟪🟪🟪
Post by: LuvTooGolf on December 18, 2024, 04:06:29 PM
I've heard of that one. The wife used to work with twins who attended every year.Not that I didn't believe you but when I looked it up, I also found the following information:If I knew that, I forgot. That is pretty funny.I assume you know that today is also National Twin Day? That's our coinky dink of the day.Just in time for the boys' birthday. They are 15 today.Sounds like a welcome change.Morning, humps.I'm being humpied in a 70° house this morning. Good morning, HumpingDave.
There is also an annual Twins Days festival that takes place in Twinsburg, Ohio on the first full weekend in August. The festival began in 1976 and is considered the world's largest annual gathering of twins and multiples.
Post by: Travellin Dave on December 18, 2024, 04:16:05 PM
Puzzle #556
🟩🟩🟩🟩
🟦🟦🟦🟦
🟪🟪🟪🟪
🟨🟨🟨🟨
Post by: Travellin Dave on December 18, 2024, 04:26:17 PM
Wordle 1,278 5/6
⬛⬛🟨⬛⬛
🟨⬛⬛⬛🟨
⬛⬛🟨⬛🟨
⬛🟩🟩🟩🟩
🟩🟩🟩🟩🟩
Post by: LuvTooGolf on December 18, 2024, 06:18:22 PM
Strands #290
“You say you want a revolution”
🔵🔵🔵🔵
🟡🔵🔵
Post by: razgueado on December 18, 2024, 07:08:34 PM
And that's the heart of many of the debates that Mark and I have. I say it could be worthless tomorrow. He says that can't happen. I ask him to show me in the technology where it can't, but of course there is nothing in the technology that prevents it. He invokes supply and demand. I mention tulips and buggy whips and point out that not all that is rare is desirable. Yadda yadda. He insists it's a hedge against inflation. I point out that at no point has cryptocurrency seen a spike in demand when other economic factors turn negative. In fact, what I see is that over time crypto tracks with the equity and bond markets, but with a lot more volatility. In other words, it's highly speculative.I wouldn't, even if I had it. The price doesn't make sense. I wouldn't be surprised if tomorrow it's worth 25¢.Laszlo Hanyecz. He says he has no regrets. Maybe he doesn't.Nothing beats the story of the guy who very early on paid 10,000 Bitcoin for 2 Papa John's pizzas. That dude has been living an agony for years that I cannot imagine.First I ever heard of Bitcoin was on the iHavanas website. They offered a 10% discount if you paid in Bitcoin. But the cost of Bitcoin then was in excess of 10% of the dollar. So I was, like, "Why?" I should have researched it further.How to stop a Bitcoin surge: Just ask me to throw a little money at it.Alternatively, you could have me throw some money at it, then have the hosting company I used go bankrupt. Then I get back a fraction of the money I invested (granted, it was very little, so no harm done), but then it goes up 5x in the next year.
Follow me for more investing tips.
I mean, I don't exactly lose sleep over not dropping $20K into Bitcoin in 2017, when I had the money and a friend with expertise was doing his best to explain it to me. No matter how you cut it, and my friend Mark has cut it up six ways from Sunday for me (and so far he's made a lot of money on it and I've only made a few grand) it's still speculation. Supply and Demand are good explanations of what happens after the fact, but are not a good way to predict the future for a financial instrument. Past performance does not ensure future results. Mark and I have had lots of debates about this, and he still thinks he's following science and I keep pointing out that he's not, and I am correct that he's not. Options trading is closer to science than trading crypto. Trading crypto isn't even an art.
But...he's lucked into being right, and he's made a lot of money, and that automatically trumps anything I say, at least until such point as he loses a lot of money. Shrug.
So, I missed the boat in 2010. And I missed the boat during COVID. But I'm still at the same point I was then. I could sell $20K worth of stock today and put the money into Bitcoin, or into a diversified collection of cryptocurrencies. Hell, I could drop $50K. Today. But should I?
I remember during the pandemic, Mark and I had a cigar and we were talking about crypto and how the stock market had tanked. "Mark my words," he said. "People are going to buy a lot of crypto as a hedge. You should start buying before the price jumps." But it DIDN'T jump. Crypto was in the toilet until last year. But he bought as much as he could afford then, and I didn't. So he says he told me so, and I tell him that he didn't - he just guessed correctly. But he's got the money. Now he says it's broken $100K and it's headed for $1M.
So I should loot the brokerage account and put it into crypto, right? I mean, he's been right since 2014 when he got into it.
I dunno.
But, yunno, so far, fifteen years in it has yet to return to zero. It has rewarded those who bought and held and didn't do something stupid like forget their password or throw their hard drive away. So, he has a point.
Post by: A Friend of Charlie on December 18, 2024, 11:20:49 PM
I get all of that and hope that Bitcoin, and generally crypto, works out for everyone who invests. The supply and demand part is particularly puzzling because anyone can use Blockchain to create their own cryptocurrency (supply). So then if you hype one over another you create the demand??And that's the heart of many of the debates that Mark and I have. I say it could be worthless tomorrow. He says that can't happen. I ask him to show me in the technology where it can't, but of course there is nothing in the technology that prevents it. He invokes supply and demand. I mention tulips and buggy whips and point out that not all that is rare is desirable. Yadda yadda. He insists it's a hedge against inflation. I point out that at no point has cryptocurrency seen a spike in demand when other economic factors turn negative. In fact, what I see is that over time crypto tracks with the equity and bond markets, but with a lot more volatility. In other words, it's highly speculative.I wouldn't, even if I had it. The price doesn't make sense. I wouldn't be surprised if tomorrow it's worth 25¢.Laszlo Hanyecz. He says he has no regrets. Maybe he doesn't.Nothing beats the story of the guy who very early on paid 10,000 Bitcoin for 2 Papa John's pizzas. That dude has been living an agony for years that I cannot imagine.First I ever heard of Bitcoin was on the iHavanas website. They offered a 10% discount if you paid in Bitcoin. But the cost of Bitcoin then was in excess of 10% of the dollar. So I was, like, "Why?" I should have researched it further.How to stop a Bitcoin surge: Just ask me to throw a little money at it.Alternatively, you could have me throw some money at it, then have the hosting company I used go bankrupt. Then I get back a fraction of the money I invested (granted, it was very little, so no harm done), but then it goes up 5x in the next year.
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I mean, I don't exactly lose sleep over not dropping $20K into Bitcoin in 2017, when I had the money and a friend with expertise was doing his best to explain it to me. No matter how you cut it, and my friend Mark has cut it up six ways from Sunday for me (and so far he's made a lot of money on it and I've only made a few grand) it's still speculation. Supply and Demand are good explanations of what happens after the fact, but are not a good way to predict the future for a financial instrument. Past performance does not ensure future results. Mark and I have had lots of debates about this, and he still thinks he's following science and I keep pointing out that he's not, and I am correct that he's not. Options trading is closer to science than trading crypto. Trading crypto isn't even an art.
But...he's lucked into being right, and he's made a lot of money, and that automatically trumps anything I say, at least until such point as he loses a lot of money. Shrug.
So, I missed the boat in 2010. And I missed the boat during COVID. But I'm still at the same point I was then. I could sell $20K worth of stock today and put the money into Bitcoin, or into a diversified collection of cryptocurrencies. Hell, I could drop $50K. Today. But should I?
I remember during the pandemic, Mark and I had a cigar and we were talking about crypto and how the stock market had tanked. "Mark my words," he said. "People are going to buy a lot of crypto as a hedge. You should start buying before the price jumps." But it DIDN'T jump. Crypto was in the toilet until last year. But he bought as much as he could afford then, and I didn't. So he says he told me so, and I tell him that he didn't - he just guessed correctly. But he's got the money. Now he says it's broken $100K and it's headed for $1M.
So I should loot the brokerage account and put it into crypto, right? I mean, he's been right since 2014 when he got into it.
I dunno.
But, yunno, so far, fifteen years in it has yet to return to zero. It has rewarded those who bought and held and didn't do something stupid like forget their password or throw their hard drive away. So, he has a point.
Post by: A Friend of Charlie on December 19, 2024, 12:00:55 AM
“You say you want a revolution”
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