It is about time ERHE comes back to life.
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truenorth,
One of stocks you claim people are incompetent to buy, I am up over 1000% and that is after a nice pull back. I'll will take that incompetence all day and all night.
You know nothing of what you speak.
You called it... well, at least on the west coast...
congrats weedtrader!
LOL, but trunky, you claimed crypto was the biggest ponzi scheme ever. If you believed yourself, you would have never bought any.
Nice. At this rate, BTC may pass $50k over the weekend.
If support has be tested successfully, this may be the start to test new all time highs ($68k). It won't go straight there but there are a lot of historical models that demonstrate this up cycle has not been completed compared to historical halving events.
Let's see what this weekend brings.
I am holding my stock here and adding.
Again, you should look at the bigger picture. 2.91 Billion current users of facebook. Trump got 74 million votes in Nov. 2020. If all of those voters were already active users of facebook (I doubt it) and all of them jumped on his new social media platform, it would be still be 2.90+ billion users of facebook to 74 million users of the new platform. That's actually his best case scenario.... LMAO.
Seriously, name ONE non-Trump supporter that would spend any time, effort in learning, or money to move to his site? Especially, since those other people know it would be like a campaign contribution to him. Therefore, the new social media platform has a ceiling on the number of user of his 74 million voters. And that is being very generous of getting every single voter.
Considering a large number of the most disgruntled trump voters already left the FB platform before the latest 2.91 Billion count was released, I doubt there will be any further drop in FB numbers compared to what it is now. So FB is now at a maximum floor.
Now, lets take the politics out and look to the future. FB has a solid footing (ok complete dominance) in the generic social media platform. Now they are transforming to the Meta space and AI base future to further attract the millennial and future generations of the WORLD.
Simply do the math.
It is nice to see BTC break through $40k during trading hours today. Setting up well for the weekend.
Enjoy all.
What a huge snap back. Impressive.
It sounds like you are letting your politics limit your investment earnings capability....
Take politics out of it and this is a screaming buy.
Here is reality. Facebook currently has 2.91 BILLION users globally. The profit for the company of Facebook is determined by the advertising to reach the 2.91 billion users. Do you really think they give a crap about trump getting nixed?
If you feel strongly against FB, that is one thing and you can avoid investing but that is not going to change the reality of this money making system. It just limits you.
Think about it like the old cigarette stocks. People started insisting their brokers not buy cigarette stocks. It is just plain short sighted from an investment perspective.
Hey, I am all for doing positive things for the environment yet I still own several oil company stocks. The world wide demand is there for the profits to be made. I invest to make money.
Good luck
This is awesome. I was hoping for another entry point to average up. Bought more of Meta today. Will be enjoying huge returns by next quarterly earnings. Classic over reaction.
Facebook/Meta is a money generating machine with huge upside.
GLTA
That is a great summary article on Carbon emissions and crypto. Thanks for sharing.
Looking pretty good today.
Correct, yet some will find some "interesting" patterns to justify the downward movement as positive..... LOL
There are opportunities to abuse the system and that is happening. This type of fraud also happens in multiple other areas of finance.
That doesn't mean you throw the baby out with the bath water.
Looks like Frankie is getting his lunch money again selling new shares into any blip. This will go on for years by the way with it continuing to get lower and lower.
I thought last time that there would be a play around .0001 but Frankie sold tons of shares at .000001 which I can't even enter in my trading account.
Good luck all but don't expect much.
emit,
even though this is kinda new news, it is old news. The largest US based crypto exchanges already have to supply the IRS with transaction data. Coinbase has been reporting for several years.
I report all my gains and am happy to do so. I hope they keep the playing field level and have all brokers, banks and exchanges fall under the same rules.
Market snapped back, Crypto snapped back, SANP - not so much. Down 20%
Ahhhh. I see now by your post that you are a "Q" follower. That explains a lot. Good luck in your world.
Yes, not a bad day... only down 15% today. Still a far cry from where this usually hangs between Frankies's projects (less than .0001).
That was a pretty good video. Thanks for sharing.
Moneymaker34, are we still on for news this week?
What was the price you were offering for our shares if no news this week?
Or better yet, what range do you speculate DIGAF will go to after digesting the news you speculate on?
So, help me out with your theory or 'facts'.
I can see there is video documentation of Mark Zuckerberg answering questions to the US congress as of 3/25/2021. Is this before or after his "arrest" in your story?
I must have missed it... what was their update? where is it?
Hey Saving Grace, just checking back in with you today.... Has Bitcoin hit your $30k mark yet or below?
How's that speculation working out for you? Did you short it big time? You know, it can drop $25k in a month......
I researched as you suggested. Mark Zuckerberg has not been tried or convicted. In fact, he is roaming around for all to see.
I bought more.
This is simply a money making machine.
Don't fight the trend. The trend is your friend.
GLTA
whooops. Ball got caught up in all the hot air and turned into a pop fly out as usual.... LOL
GLA
Nice one. Unfortunately, some refuse to open their eyes to reality.
Goldman Sachs Predicts Bitcoin Could Reach $100K as BTC Continues to Take Gold's Market Share as Store of Value
Quote:
Goldman Sachs has predicted that the price of bitcoin could reach $100,000. The global investment bank believes that bitcoin will continue to take market share away from gold as cryptocurrency adoption grows.
Goldman Sachs’ Bitcoin vs Gold Prediction
Goldman Sachs analyst Zach Pandl, co-head of global foreign exchange strategy, outlined the future outlook for bitcoin in a research note to clients Tuesday.
The Goldman Sachs analyst expects that bitcoin will continue to take market share away from gold in 2022 as cryptocurrencies become more widely adopted. The research note details:
Bitcoin may have applications beyond simply a ‘store of value’ — and digital asset markets are much bigger than bitcoin.
The analyst noted that bitcoin’s float-adjusted market capitalization is currently under $700 billion. The cryptocurrency accounts for a 20% share of the “store of value” market, which comprises gold and bitcoin. This market is worth about $2.6 trillion, the note explains.
In its list of 2022 predictions, Goldman Sachs said bitcoin will “most likely” become a bigger proportion over time.
Pandl said that if bitcoin’s share of the store of value market were “hypothetically” to increase to 50% over the next five years, the price of BTC would increase to just over $100,000. The analyst added:
We think that comparing its market capitalization to gold can help put parameters on plausible outcomes for bitcoin returns.
Furthermore, the Goldman Sachs analyst pointed out that even though the Bitcoin network’s consumption of resources may be an obstacle to institutional adoption, it will not stop the demand for the asset, the note said.
Goldman Sachs relaunched its cryptocurrency trading desk last year. In June, the firm expanded its cryptocurrency offerings to include ether futures and options.
https://24htech.asia/goldman-sachs-predicts-bitcoin-could-reach-100k-as-btc-continues-to-take-golds-market-share-as-store-of-value-s437087.html
Goldman Sachs $100K Bitcoin Endorsement Could Buoy “Digital Gold”
https://www.forbes.com/sites/korihale/2022/01/11/goldman-sachs-100k-bitcoin-endorsement-buoys-digital-gold/?sh=e8290b86e89b
https://markets.businessinsider.com/news/currencies/bitcoin-price-outlook-btc-100000-goldman-sachs-gold-market-share-2022-1
Kevin O'Leary "Mr. Wonderful" on Gold DuJour/Crypto
Time to lay down predictions for 2022. Market returns, volatility, #crypto #cryptoexchange #nftmarketplace #techinvesting We will see how many I get right 12 months from now! pic.twitter.com/P2Ir14sEzj
— Kevin O'Leary aka Mr. Wonderful (@kevinolearytv) January 11, 2022
Has this broken below $30k yet??? LMAO
nice bounce
And..... today's volume is 50..... just 50. Too funny.
Well someone sure felt strongly yesterday about investing in ERHE.
Wonder if they knew something different than the rest of us.
Wow, heavy discount. Glad I waited. New money arriving in account next week that I may have to designate some to LTCN.
When crypto becomes even more accepted and there are competitive funds holding the underlying asset, these should all get to within 5% of NAV.
If this is currently -37%, that is a bonus pickup in addition to the LTC price appreciation (eventually).
Thanks for the info
Someone dropped $20k on this today.
Seems somewhat strange out of the blue.
What the heck? Who is buying this volume and how or through what broker? I thought we are still grey or frozen or something like that.
Maybe we are getting relisted?
Every year they are here saying BTC will go to zero.....
ho hum.
buy the dips.
too funny, BTC historical prices:
1/5/2022 : $42,720 - $45,890 range
1/5/2021 : $33,900
1/1/2020 : $9,350
1/1/2019 : $3,450
1/1/2018 : $10,200
1/1/2017 : $970
1/1/2016 : $368
1/1/2015 : $217
Go ahead, do a similar comparison to purchasing power of USD or Gold for that matter.
I'll wait.
Wait, I thought Kramer was part of the media for the elite and we are suppose to ignore him.
So, in your opinion, is Kramer a good source of information or part of the bad source of information?
Hey LTCN people, it has been a while since I checked in here. The last time I checked, the price of LTCN to the NAV was out of whack because of how new it was and the newly issued shares were locked up. It looks like the needed price correction has taken place.
Who can give me the quick and dirty calculation on the LTCN price compared to the Litecoin holdings?
Currently, GBTC is selling at a discount to the NAV. How is LTCN doing?
so far, frankie's previous new schemes never came to fruition.
As for ATM machines, that is not exactly an exciting money making opportunity.
First, ATM machines do not mine crypto so the only possible revenue would be on transaction fees. Keep in mind, all transactions between crypto exchanges already have a fee, so an ATM's would have to be substantially less than an exchange as I can sit at my desk and buy crypto through an exchange on my phone. Unless it is cheaper to do at an ATM machine..... not many people will be doing that thru an ATM.
I am glad crypto ATM's are popping up all over the place, I just don't see them as being a big profit maker.
With the number of outstanding shares here, they would need a billion ATM's to create any return for shareholders.
I am not waiting that long.
Good luck