https://twitter.com/LukeGromen/status/1858533803314045388
i'm quite late to the party, probably having a lot to do w my age, but i finally own a sizeable position of bitcoin through an etf. intend to figure out how to hold coins myself.
i started to also buy about 20% of the bitcoin etf and use it for Ethereum. what are y'alls thoughts on that?
Originally Posted by Tellafriend
I never got into the BTC scene myself except to send funds to stake.com via VPN, but I’ve invested heavily in stocks tied to the AI hype, which seem to correlate with BTC's rising prices. For example, I bought into Palantir when it was under $20. It’s definitely overvalued, but if I’m going to take a gamble, I’d rather do it with a company that actually produces something . Plus, this approach seems to yield the same or even better results than buying crypto. There are a lot of hype stocks that have better returns than BTC over the last few years that actually have a chance of making money.
Nobody says you can't own both AI stocks and BTC. Trump has pledged that the US will be a buyer in his administration. El Salvador has seen 2x or more return on their investment and I'm sure they're continuing to buy. Other countries treasuries are going to have no choice but to follow suit if they haven't begun already. Pension funds are buying the ETF's. Maybe even desertrunner will buy a few shares of the IBIT one day.
I never got into the BTC scene myself except to send funds to stake.com via VPN, but I’ve invested heavily in stocks tied to the AI hype, which seem to correlate with BTC's rising prices. For example, I bought into Palantir when it was under $20. It’s definitely overvalued, but if I’m going to take a gamble, I’d rather do it with a company that actually produces something . Plus, this approach seems to yield the same or even better results than buying crypto. There are a lot of hype stocks that have better returns than BTC over the last few years that actually have a chance of making money.
What has made me very bullish on BTC is these etf's. Owning the ETF's within a US bank seems to me as though you'll be protected to a much greater extent even if you can't get FDIC insurance holding the asset elsewhere. Maybe I'm wrong or not quite accurate about this its just my own outlook on it.
Other things making me bullish is the end of the fraudulent exchanges. Coinbase is probably the worst company I've ever dealt with when it comes to customer service. Basically, there is none. However. I've had an account there for years and my funds have never been stolen and I've never had an issue moving funds from Coinbase to my bank.
Owning the related stocks has been a windfall. You could have owned COIN at $35 less than 2 years ago. Its about $325 atm.
And of course we all know the supply is finite. The thing is going much, much higher. This is an inflection or tipping point. Buy the IBIT desertrunner.
For sure to owning . But at the end of the day, all of these stocks /crypto are just a gamble for drastic returns. Crypto, like fiat currency, is an idea backed by confidence and doesn’t actually produce anything. Honestly, I’m shocked at how poorly Coinbase operates. it feels like a startup being run out of someone’s apartment by a few friends. That said, I hope BTC hits a million per coin for you.Nobody says you can't own both AI stocks and BTC. Trump has pledged that the US will be a buyer in his administration. El Salvador has seen 2x or more return on their investment and I'm sure they're continuing to buy. Other countries treasuries are going to have no choice but to follow suit if they haven't begun already. Pension funds are buying the ETF's. Maybe even desertrunner will buy a few shares of the IBIT one day.
What has made me very bullish on BTC is these etf's. Owning the ETF's within a US bank seems to me as though you'll be protected to a much greater extent even if you can't get FDIC insurance holding the asset elsewhere. Maybe I'm wrong or not quite accurate about this its just my own outlook on it.
Other things making me bullish is the end of the fraudulent exchanges. Coinbase is probably the worst company I've ever dealt with when it comes to customer service. Basically, there is none. However. I've had an account there for years and my funds have never been stolen and I've never had an issue moving funds from Coinbase to my bank.
Owning the related stocks has been a windfall. You could have owned COIN at $35 less than 2 years ago. Its about $325 atm.
And of course we all know the supply is finite. The thing is going much, much higher. This is an inflection or tipping point. Buy the IBIT desertrunner.
I think I need some exposure to augmented reality to compliment my weapons manufacturers. Maybe it’s Vuzix (VUZI)
Nursing, education, all manner of surveillance etc etc. it’s not if but when …. or is this a “me too” commodity type space?
Also, daddy if you aren’t too busy. The pump is real af atm but we need to harvest the ploppies eventually. Overbought rally. Are we thinking a pullback/short in January? I see you stroking your waxed mustache at the prospect.
Years ago oil was in everything. Now “chips” are in everything. Don’t know what this thought does for me but ….
https://www.torquenews.com/11826/tes...-use-defroster
yeah cybertrucks break if they get cold.
“Note: My Cybertruck does look awesome on that tow truck!”
french chefs kiss
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
does anyone have a military drone stock they follow beyond the usual majors who all have a finger in it?
Bro it doesn't get cold in LA
SFO
I live in north LA County, just north of LA city and it does get cold here. (Druff can confirm my location)
Well that means either Valencia or the AV which we should just annex to KERNI live in north LA County, just north of LA city and it does get cold here. (Druff can confirm my location)
In an alternate universe, Morning Brew is interesting and funny.
I presume Sonatine or someone would be able to explain the multiverse, quantum computing/mechanics and what Google has accomplished? The multiverse is certainly fascinating but how on earth could a super computer lead to this conclusion?
Sonatine is preoccupied with lab grown human brain cell biocomputing.
OK fair enough. I'm just a little freaked out by Google right now and I'm fairly sure he knows more about this than most. The biocomputing should definitely come 1st.
I haven’t waded into the Google story. I willOK fair enough. I'm just a little freaked out by Google right now and I'm fairly sure he knows more about this than most. The biocomputing should definitely come 1st.
I will bet Tellafriend already read this.
AI data centers have ENORMOUS energy demand. Think the discussion people had about BTC mining power needs.
The US and the world is awash in hydrocarbons. The US is a major exporter of natural gas. The act of chilling and shipping LNG is kinda inefficient when you think about it. Use the LNG AT THE SOURCE to power AI data centers. Discussion morphs into the resurgence of nuclear etc.
Elon building in Memphis iirc
Here’s a Doomberg substack that spawns so much understanding about who is building where. Companies building AI data centers in the Middle East is so wild to me.
The article gets your head in the right place about the hardware demand like NVDA too.
https://archive.ph/MCmqW
As an aside. I shipped some BTC last night and the fees I paid took my breath away.
The fees are crazy. I don't use btc that way and if I did I'd want the recipient to share in the outrage.I haven’t waded into the Google story. I will
I will bet Tellafriend already read this.
AI data centers have ENORMOUS energy demand. Think the discussion people had about BTC mining power needs.
The US and the world is awash in hydrocarbons. The US is a major exporter of natural gas. The act of chilling and shipping LNG is kinda inefficient when you think about it. Use the LNG AT THE SOURCE to power AI data centers. Discussion morphs into the resurgence of nuclear etc.
Elon building in Memphis iirc
Here’s a Doomberg substack that spawns so much understanding about who is building where. Companies building AI data centers in the Middle East is so wild to me.
The article gets your head in the right place about the hardware demand like NVDA too.
https://archive.ph/MCmqW
As an aside. I shipped some BTC last night and the fees I paid took my breath away.
That was a good article. Makes me want to go buy more UEC and something in the natural gas sector.
Small_banana fought me on TSLA @$100. I hope he held. I tip my cap
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