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If you make over a million dollars year in ordinary income that kicks in. Everybody wants to leave that little detail out.
Are talking about the libor settlement or the next possible bucket for escrow holders? I surely hope the libor settlement doesn't roll into 2025
I hope so.
Hopefully we can get paid by August from the libor settlement.b
If we got $100 per P in the next 3 months I would be happy as heck. I just hope we get something soon.
P's were capped, you could only have so many. I can't remember the number but 500k was definitely not the number 🤣
Is it mathematically possible for Shiba to go to .008 this year?
Full disclosure I own 160 million of Shiba coins, I have no idea why. What is Shiba going to become? It's hilarious that I'm hoping we drop zero's but have no clue how. What value does Shiba have, who actually uses it to buy a movie ticket or a car? It's not like Apple or home Depot, it's something that has no product or quarterly earnings. What's more funny is that I laughed at my buddy who bought Bitcoin 9 years ago that's now retired.
Thank you Sir!
Papa I have followed your post for the last 2 years. You and a couple more seem to have a grasp on crypto. I have no clue, bought this because of a friend. Is there any chance of this going to .01 in a couple of years. I understand stocks, it seems there's too many coins/shares to grow to that level. I appreciate any advice you can offer.
Papa,
If I wanted to unload a portion of my holdings when would be a good exit price? I understand you don't have a crystal ball but it seems like there is no material info causing this awesome spike.
I'm not following you, do you mean the libor won't payout until then?
I need some of what you're drinking. Not sure what you're saying but you sound angry 😂😂😂😂
That would be awesome if we do!!!
I'm not sure I would call October "soon"
If we don't see any money after the Libor closure then I will be convinced that it's over.
This is a game to AZ, he post threads and sits back and laughs at everyone that gets worked up. He has no connections with anybody more than an insurance underwriter that he brokers homeowners polices through. Hopefully everyone will make some money this year off all shares. That or hopefully the libor closes and we can put an end to this saga, the one thing that Baban is 100% correct on is "hero or zero".
Have a great weekend
The million dollar question is can the burn enough over time to get us to .01 one day
Biz were you employed by them
If a house is sitting on the market too long it's because the public is telling you it's over priced. Houses and kids are very similar, owners/parents think their better than they are. 🤣🤣🤣
I've been a mortgage broker for 21 years, rates are not the issue in the south, maybe where you live. The average time on the market here for a house is12 days.
Rates are not the issue, they've dropped to 6%. The issue is there's no inventory, until rates drop to 5.5% people won't start selling unless it's a major move or they have money fall in their lap
If we got 8x par I'm retiring the next day unless it's taxed as ordinary income then I'm retiring in 2 years 😂😂
Hey Royal
Are you on the BP board also?
Thank you BBAN
Maybe I am misreading your post, are you saying our settlement will be pre-taxed? Taxes taking out before we receive the funds?
I have asked this several times, since it's a settlement will, we have to pay taxes on it?
Well that would be just fine too :)
RD are you saying we should receive $8,000 per P share soon?
If we get paid by the Libor settlement would that be a tax free event (settlement)?
I'm still 50/50 if we see anything but this is definitely best scenario I've read since this started. Beside the time Q's ran to .70 and P's $110, man that was a fun week.
Bucket 1 or bucket 2, I don't care. Is there any chance of getting money in 2023?
I think we should worry about bucket #1 first
If we do receive a settlement for the P shares from the libor case would that be taxed? If so, short or long term?
Thank you in advance
100% correct
I'm not sure why we would have foreclosures because someone put down 10%-20%. In South Carolina home prices are still on the rise, a real estate crash happens when there is too much inventory, were facing just the opposite, there is no inventory. So your reasoning couldn't be more wrong.
The numbers that are talked about here would be fantastic and definitely a game changer for the family. I'm definitely not depending on my P shares for retirement but it sure in the hell would speed up the process. ☺️
Is it fair to say, if we don't see any money in 2023 from our old shares it's probably over?
If we received $1057 per P share, I would definitely shit my pants immediately in my desk chair. Unfortunately I'm on the "no way I'm this lucky" side, but I hope we do!!! I do appreciate the uplifting post though.
Let's say this theory is correct, how much is each bucket worth for a P share?
I definitely don't have it 😂, just thought that was odd to have a limit on.