Recent comments in /f/wallstreetbets
BrotherAmazing t1_j9wnp7n wrote
Reply to comment by Trotter823 in Cathie Wood Continues Coinbase Buying by predictany007
I already mentioned several use cases and services of value the Bitcoin decentralized peer-to-peer network provides elsewhere in this thread.
If you want to ignore that, it’s your ignorance and not my fault.
naughtius t1_j9wng3g wrote
Reply to Well, at least 2022 was good to someone: Chief Executive Officer Steve Schwarzman took home a record $1.27 billion for 2022 by cannainform2
The shares he owns lost 4 billion in value while he got 1 billion dividend, only regards could consider that being good.
bodaflack t1_j9wnd59 wrote
Let me help you.
Idk what you mean by shorts being stomped out. You sound like an idiot.
The weather variability for March and April can be significant, but not when we have likely over 2tcf of EOS storage. Companies have to cycle their storage and there is more of a chance of having forced selling to cycle than people holding their storage.
Almost 100% of LNG export capacity from the USA is already contracted. EU and global storage positions doesn't matter right now because there is almost a 0% chance of LNG turnback for the rest of the year no matter how cold it gets. Cash prices have been <$2 for a lot of the month of Feb with more daily demand than a cold March day will need. Remember, you are ultimately trading physical henry hub. There needs to be export capacity to flex for global markets to matter in the near term in our current storage environment.
Freeport has been delayed for months. And while it could have mattered for EOS by opening in Dec. It now does not matter. You said it yourself, the market is forward looking. The market has expected it to come on anytime between Dec. and now depending on who you ask. Nonfactor
You aren't trading Dec 23 contracts with BOIL or whatever the fuck you are doing. You are trading prompt or a mix of prompt and prompt plus.
You are an idiot on this one.
Technicals are astrology for losers. Only validity in any technical signals in NG is maybe on the 15min or higher frequency charts intra day in the summer when actual traders have shit else to do than make up a story to use allocated margin so they can tell their PM they are doing things.
Tldr. You are highly regarded and whoever starts wading in NG waters better know WTF they are doing before trading this shit.
BrotherAmazing t1_j9wmzyw wrote
Reply to comment by myne in Cathie Wood Continues Coinbase Buying by predictany007
Me personally? Only a few grand each year.
But I’ve never used Moneygram or Western Union in my life, never play video games, never use a lot of things I personally don’t have a desire to use.
That doesn’t mean these thing I personally don’t use don’t serve some use case or aren’t valued by people in this world.
BrotherAmazing t1_j9wmopp wrote
Reply to comment by Ahueh in Cathie Wood Continues Coinbase Buying by predictany007
I already named useful things Bitcoin does and you completely ignored them:
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Bitcoin provides final irreversible settlement faster than ACH or Visa. This is important for me if I want to be 100% sure I have a final payment that can’t be clawed back before I send you something of value or perform a service for you of value. This can occur on a holiday or weekend or after hours when banks are closed.
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I can send you a payment and it cannot be censored, sanctioned, or declined.
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For a speculative investment, the native token of the Bitcoin payment network, BTC, is not a security by definition (even the SEC agrees) and that risk associated with being a security is eliminated. It also has a cap of 21M total BTC. Speculative? Yes! Don’t invest what you can’t afford to lose. Stupid? No! Not for 0.5% - 1% of your portfolio. The risk-reward given Bitcoin’s internal monetary policy and history of a bull market after each halving justifies speculation far more than on, say, 90% of the nonsense that gets thrown around here. It has the largest market cap for a reason.
There are more advantages than those I list, but those are very obvious advantages of Bitcoin.
Furthermore, Bitcoin was invented to solve a problem that was technical in nature, not the problem of “I want to get rich off a vaporware shitcoin” like almost all other chains besides Monero and Ethereum.
But the whole point here isn’t why Bitcoin will survive, the whole point is > 99% of crypto is garbage shit and Coinbase may not be a great investment longterm.
Trotter823 t1_j9wlp9q wrote
Reply to comment by BrotherAmazing in Cathie Wood Continues Coinbase Buying by predictany007
Crushed the S&P in what? Printing dollars for the owners of Bitcoin? In that case you think about Bitcoin in terms of dollars proving it doesn’t have real adoption because it’s always anchored to how many dollars it’s worth.
Bitcoin hasn’t produced an ounce of real value since it’s inception. It has a mystical creator and promises riches to its believers like some sort of religion. At any rate due to how many people seem to want to speculate on it I doubt it’s going to 0 anytime soon if ever and I’d even go as far as to say there’s a decent chance it goes way up from here but that’s a pure gamble. And personally I’d rather gamble on something less regarded than Bitcoin.
Shopped_For_Pleasure t1_j9wlg69 wrote
Reply to comment by [deleted] in Well, at least 2022 was good to someone: Chief Executive Officer Steve Schwarzman took home a record $1.27 billion for 2022 by cannainform2
Sounds anti-Semitic to me 🧐
ContractingUniverse t1_j9wk2ic wrote
Why is Freeport's opening a boon for gas prices?
TX-Wingman t1_j9wk0co wrote
Reply to Well, at least 2022 was good to someone: Chief Executive Officer Steve Schwarzman took home a record $1.27 billion for 2022 by cannainform2
“I see your Schwarz is as big as mine!”
myne t1_j9wiuma wrote
Reply to comment by BrotherAmazing in Cathie Wood Continues Coinbase Buying by predictany007
How much have you spent on goods and services?
1970s_MonkeyKing t1_j9wimwn wrote
Reply to comment by eatmoremeatnow in Pimco-Owned Office Landlord Defaults on $1.7 Billion Mortgage by downboat
Couldn't do that in my area. People are so land hungry stupid here they pay for insider information on any 2nd in a row missed payment or unpaid property tax so they can buy the loan or ask for courthouse steps property auction. Fuckers.
RAUL_CD_7 t1_j9whuyj wrote
Reply to comment by ESAD_okay in Natural Gas and the return of the Bulls by [deleted]
Why not BOIL?
1970s_MonkeyKing t1_j9whs6p wrote
Reply to comment by Americanjackoff in Pimco-Owned Office Landlord Defaults on $1.7 Billion Mortgage by downboat
Bigly advice!
Nukeboml3 t1_j9whnzq wrote
Reply to comment by [deleted] in Close to Impossible for rise in Natural Gas prices to end by [deleted]
VM is a bot , I would’nt take its advice to invest in anything.
if you ask it how cow eggs are produced , he’d answer that it’s an interesting market to invest and it’s going to look into it in order make huge profit .
PMzyox t1_j9wh473 wrote
Nukeboml3 t1_j9wgy72 wrote
Reply to comment by NRA-4-EVER in Close to Impossible for rise in Natural Gas prices to end by [deleted]
It’s going up in summer not because of temperatures but because countries are buying it for next winter . They need to fill up what was burned during winter/spring/summer . Then they get there delivery of LNG right before winter .
The price isn’t driven by charts but by politics and seasons.
adamrch t1_j9wgs9l wrote
Reply to comment by laetus in Pimco-Owned Office Landlord Defaults on $1.7 Billion Mortgage by downboat
You seem to be too in touch with reality to ever be in a position to make any of those decisions.
Ahueh t1_j9wgrb5 wrote
Reply to comment by BrotherAmazing in Cathie Wood Continues Coinbase Buying by predictany007
Hilariously lol. You can say the same thing about any bubble, until you can't. Bitcoin Maxi's have yet to name something useful it does. Even overhyped trash businesses that promised the moon had a reasonable lie they could sell to the average slob. BTC doesn't even have a product they can lie about.
gayforgoblin t1_j9wg4rz wrote
Reply to Bing vs chrome by Arlo1515
Just bing it
NRA-4-EVER t1_j9wfkxq wrote
Reply to comment by [deleted] in Well, at least 2022 was good to someone: Chief Executive Officer Steve Schwarzman took home a record $1.27 billion for 2022 by cannainform2
White?🤔
DeadRater t1_j9wfg30 wrote
Reply to comment by computerblue754 in $SQ (Block Inc) Revenue Growth -0.73%, Total Operating Expenses +55%, Stock-based Compensation +64%, Negative Adjusted OI Outlook 🤷♂️ by FI_investor
agree with this, and if you know your not going to do well on the current year, might as incur your expenses for development and marketing. It will make the next year's statement better if the spending is done in 22 rather than 23.
SuspiciousStable9649 t1_j9wek18 wrote
Waiting for that one last rug pull…
hertzwinapu t1_j9we69j wrote
Reply to comment by wo1f-cola in Bing vs chrome by Arlo1515
Google search is trash and has been for a decade. Satya overplayed his hand with his crappy chatbot but anything that forces Google to change even a little bit is a huge win for the internet.
NRA-4-EVER t1_j9wd6sq wrote
Reply to comment by VisualMod in Bing vs chrome by Arlo1515
If you want people to change to bing they need a better marketing plan to convince people they are better. That's how Pepsi briefly moved past coke back in the 80s.
Also, if they could find a way ($$$) to get to be the default search on Samsung or apple phones they could do it.
Dan_inKuwait t1_j9wnxi2 wrote
Reply to comment by [deleted] in ECPG - Encore Capital by Dank-but-true
You can just say you have no positions, that's fair.