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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (166645)1/3/2021 8:39:26 AM
From: carranza2  Read Replies (1) | Respond to of 217750
 
On 12.02.2020 I bought RIOT LEAP calls 1.20.23 strike 15, when RIOT was at 7 and change. Price: 5.80. Last 2020 trade in these LEAPs was when RIOT was at 16.99. The price: 12.60. If this crazy trend continues, these LEAPs might sell at 15-17 on Monday

If so, should I get out?

Easily my most inflated bubbleifed lucky-as-a-dog trade involving BTC. Caution says to run away as fast as possible with loot. Experience tells me that I have a tendency to leave molaah on the table unnecessarily.

Deer in headlights. Have no certainty re: course of action.

Danger is obvious. But so is trend and market mood. On the other hand, no one ever goes broke by taking profits.

Might sell enough to cover initial cost plus some profit, let the rest ride the wind.

This BTC mania is truly insane. Opportunities of a lifetime. In our dotage, these will be the ‘good old days’.



To: TobagoJack who wrote (166645)1/3/2021 2:07:41 PM
From: Maurice Winn  Read Replies (4) | Respond to of 217750
 
Design defects.

Gold
Heavy, robbers rob, gradual dilution, gets lost by accident or forgetting where where stashed, cost of protecting it in vaults, can't post it safely and cheaply, a 10 cent payment means a minuscule coin, fake gold hard to detect.

USD
Dilution dilution dilution. Cost of transmission, delays in transmission, confiscation by kleptocrats, exchange rate costs, third party needed to store it and move it. If used in foreign countries the dilution is a tax on those countries = no taxation without representation (declaration of independence). Risk of sudden Zimbabwe effect due to political process of dilution and mass abandonment.

Bitcoin
Energy cost to run the blockchain = $2000 per mined bitcoin (or thereabouts), delay in transmission, secret code gets lost, or stolen by stealth, or inadvertent disclosure, panic to zero when competing payment method supersedes it, government attack risk because USD owners will kill it and maybe anyone using it, quantum computing disruption, can't remember secret code.

Mq's digital masterpiece
No problems. Except that I haven't completed it yet so it's unobtainium for now. So I'm using USD and NZD and shares and houses.

Why is bitcoin worth more than ethereum and the many other options?

Mqurice



To: TobagoJack who wrote (166645)1/3/2021 2:39:21 PM
From: Maurice Winn2 Recommendations

Recommended By
gg cox
pak73

  Read Replies (3) | Respond to of 217750
 
Mathematicians with fast computers who can predict human and competing computer team psychology can make big bucks on bitcoin.

The humans, being the dumb and ignorant people in the trades with IQs of only 150 or so, can't compete. Got to go coz I have 4 year old grand daughter = more fun than bitcoin.

Mqurice