OT: Stock trading | Page 156 | The Boneyard

OT: Stock trading

UConnSwag11 said:
Pretty sure you’re giving up your coins for them to use and in return you get interest
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Staking vs lending.

You can lend your crypto out and get yield on this, aka the Celsius wallet 14% a year on Synthetix and 10% on Matic (Polygon)./Aave/yearn.finance

When you stake your coin you are also being incentivized to do so, but you are staking it back onto the blockchain network your coin supports. See Proof of work vs proof of stake. Proof of work is when different miners get rewarded (people who've set up their computer to verify transactions) vs proof of stake, which means the more coins you have staked, the more return you will get, and your coins that are staked are used by the blockchain network to verify transactions.
 
Zionn said:
LINK $8.75ish? Don’t see that dip happening but sign me up.
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Nobody ever does...

Where do you think it goes if BTC goes 20k on us?

I could see it park at $11.75 also.
 
Gutter King said:
Crypto wise. I am on the fence whether we see 20k BTC, my hunch is yes and it bounces hard off that 20k mark. So targeting VET at something like .03 and LINk at 8.75ish.
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I'm a pessimist, and I don't think BTC goes to $20. Its been bouncing around in the 30's long enough now to stop the bleeding. Keep an eye on other countries following suit to considering it legal tender like El Salvador.

That being said, if the US gov't comes down on it hard for the pipeline fiasco or energy concern, then that's another story that can surely level it to $20k.
 
I don't understand crypto. In my brain I can't see the value. It doesn't seem to solve any inherent issue and given that it can be lost because your computer dies or you lost the password (or the FBI wants the currency back), it appears to be more of a problem to me. I view it as a limited edition collectible at this point and don't really dabble in it.
The stock that is my biggest holding is LWLG, a photonics company. It's a little over $4 at this point, but I believe they have a game changing data transmission product. They are currently in that gray area between R&D and commercialization.
 
Fairfield_1st said:
I don't understand crypto. In my brain I can't see the value. It doesn't seem to solve any inherent issue and given that it can be lost because your computer dies or you lost the password (or the FBI wants the currency back), it appears to be more of a problem to me. I view it as a limited edition collectible at this point and don't really dabble in it.
The stock that is my biggest holding is LWLG, a photonics company. It's a little over $4 at this point, but I believe they have a game changing data transmission product. They are currently in that gray area between R&D and commercialization.
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every crypto is different and serves a different purpose. Chainlink provides real world data onto the blockchain so that smart contracts can be executed, so sports betting/insurance/payroll/price feeds/marketplace or any real-world agreements can automatically be executed on the blockchain without the risk of one party breaching/manipulating/not following through on the original parameters of said agreement.

If you want to think of Bitcoin as currency, there is a fixed amount, thus you can't keep printing more. Anyone anywhere in the world who has internet access can send and hold it from peer to peer (be you're own bank) within a matter of seconds/minutes, and the blockchain is a public ledger, so all transactions are verifiable.

The real investment is in blockchain technology and what certain companies are doing with it.
 
Jay-Bone said:
I'm a pessimist, and I don't think BTC goes to $20. Its been bouncing around in the 30's long enough now to stop the bleeding. Keep an eye on other countries following suit to considering it legal tender like El Salvador.

That being said, if the US gov't comes down on it hard for the pipeline fiasco or energy concern, then that's another story that can surely level it to $20k.
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You have to start somewhere I suppose, but El Salvador is probably not going to move the needle. Watch the XRP case, a bad result there will affect BTC.

Everybody thinks that XRP is in good shape, but I dont trust the US handling of any crypto policy.

The chart for BTC doesn't look terrible by any means, I am just cash heavy in case it breaks down. I want to scoop those cheapies if it happens.
 
uconntoatl said:
every crypto is different and serves a different purpose. Chainlink provides real world data onto the blockchain so that smart contracts can be executed, so sports betting/insurance/payroll/price feeds/marketplace or any real-world agreements can automatically be executed on the blockchain without the risk of one party breaching/manipulating/not following through on the original parameters of said agreement.

If you want to think of Bitcoin as currency, there is a fixed amount, thus you can't keep printing more. Anyone anywhere in the world who has internet access can send and hold it from peer to peer (be you're own bank) within a matter of seconds/minutes, and the blockchain is a public ledger, so all transactions are verifiable.

The real investment is in blockchain technology and what certain companies are doing with it.
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The blockchain portion I could get behind, it's the currency portion that has me scratching my head. Still don't see the value to me as a currency. I can already send folks money or buy anything anywhere with my travel card. Just not seeing what digital currency does for me.
 
Gutter King said:
The chart for BTC doesn't look terrible by any means, I am just cash heavy in case it breaks down. I want to scoop those cheapies if it happens.
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I suppose you can say there's a better chance it goes to $20k than $50k. I've been buying it low 30's and selling it high 30's, so I'm ready for another dip. But I also move a portion of buys into alts, so if it grows, those will too.
 
Gutter King said:
You have to start somewhere I suppose, but El Salvador is probably not going to move the needle. Watch the XRP case, a bad result there will affect BTC.

Everybody thinks that XRP is in good shape, but I dont trust the US handling of any crypto policy.

The chart for BTC doesn't look terrible by any means, I am just cash heavy in case it breaks down. I want to scoop those cheapies if it happens.
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I think they’ll clear xrp and it’ll be used by central banks and major banks
 
Fairfield_1st said:
The blockchain portion I could get behind, it's the currency portion that has me scratching my head. Still don't see the value to me as a currency. I can already send folks money or buy anything anywhere with my travel card. Just not seeing what digital currency does for me.
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I totally understand, that is why I don't own any bitcoin. However, the purpose of Chainlink's token, link, is used to secure the integrity of the smart contract agreement. So, to agree to a smart contract both parties need to stake link based on the value of the contract to be paid to the orcales, and the decentralized oracles (different independent api providers) need to stake link too as collatereal if they provide faulty data. Thus, the more uses cases for smart contracts, the more link will be needed for staking, and the higher the value of a contract itself, will require more link to be staked for both parties (as well as more decentralized oracles) to match/represent the value of the contract. Also, because link itself is not a blockchain, but a decentralized oracle network that can be deployed on any blockchain, in my opinion, link has a ridiculous amount of potential for both real-world companies looking to use blockchain/smart contracts, and for other crypto-based companies and decentralized finance protocols that rely on price data feeds and verifiable randomness.
 
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Gutter King said:
I'll monitor this situation as well. Curious that a deal was announced Fri and a partnership Today and this thing gets no volume. Seems odd. Are SPACs dead? I see that Chimanth is part of this thing as well....does he no longer have the pull? It was $8B worth, should have moved the needle. Maybe when their covid crisis calms down.
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@Gutter King Unclear all SPACs are dead, perhaps too broad a generalization. Worthy of reasonable scrutiny, analysis, etc before committing, sure. On small bits gambled on a few SPAC warrants and one unit, I'm batting > .500 with some luck. MP, GEVO, and LEV conversions worked out quite well; not so far with a few others (APPHW, RVLW, PIPPU). In most instances, SPAC generally appear to milk 'em as soon as they can sell some SPAC shares. No doubt, I could be dead wrong on my early perceptions. And, I've sold enough shares to ensure breakeven on the luckier gambles.

As for ReNew, I gambled on some RMGBW (warrants). Instead of waiting on India's SARS-2 crisis to improve, the ongoing chaos spurred a decision now based on ReNew's existing and planned wind and solar projects, over reliance on coal and old nuclear power, and overall inadequate power supply for current let alone increase power demands. Similar, yet different from decisions early on after mainland China belatedly acknowledged SARS-2's existence, western crisis conditions, and prior post ecommerce, 9/11, and GFC downturn successes. Time will tell

This Stanford ReNew case study provides many helpful insights (page 11 onward in particular):

renewpower.in

ReNew Power | Leading India's Energy Transition Through Renewables

ReNew Power (NASDAQ: RNW) is leading India’s energy transition and global green energy transformation. Our current renewable asset base is 10.4 GW.
renewpower.in renewpower.in
 
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Woodson said:
But aren't the games just on ESPN/ABC? You could always get ESPN+ for a month at $5.99
I know nothing about the stock, but their package has always seemed strange to me. They don't have Warner Media channels (CNN, TNT/TBS etc), but did pick up ESPN stuff when they lost Warner, and have always had a plethora of spanish language channels plus BEIN sports which is unique. Also it's not like its cheaper than the other options either, which it used to be if I recall. --- All of that probably has zilch to do with the stock....
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It’s a great service and offers a lot. They will also be having in game betting through their service
 
Are people referencing LINK for interlink electronics or LINK-USD for Chain link?

Because I don't see Chainlink anywhere near $8.75
 
Chin Diesel said:
Are people referencing LINK for interlink electronics or LINK-USD for Chain link?

Because I don't see Chainlink anywhere near $8.75
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They were saying that if BTC gets close to 20k then Link will follow suit downward and maybe end up at 8.75. If so, they said, they would gobble it right up.
 
J187Money said:
I’m finally back to even on SENS. Let’s hope that it takes a ride.
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The new Fidelity option chains for July 16th expiration at various strikes are like I have never seen before. I am assuming being added to Russell 3000 had something to do with it.
 
BLUEDOGHOUSE said:
The new Fidelity option chains for July 16th expiration at various strikes are like I have never seen before. I am assuming being added to Russell 3000 had something to do with it.
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What are the strikes? I got my brother into it and he would love a short-term out.
I might do some profit-taking on my IRA holdings but looking long term on play fund...
 
Someone here pointed me towards DarkPulse (DPLS) and I took the bait. Thank you! I'm up 38% today on it and 266% overall.

Stocks Telegraph

Stocks Telegraph provides investors and key Wall Street players with high-quality content and tools.
stockstelegraph.com stockstelegraph.com

Also, has this board gone completely crypto?
 
XLCenterFan said:
Someone here pointed me towards DarkPulse (DPLS) and I took the bait. Thank you! I'm up 38% today on it and 266% overall.

Stocks Telegraph

Stocks Telegraph provides investors and key Wall Street players with high-quality content and tools.
stockstelegraph.com stockstelegraph.com

Also, has this board gone completely crypto?
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This is now at a logical selling point into buy the dip if swing trading is your thing. I'm long gaming it, as the real news hasn't hit (i.e. gov contracts) yet.
 
UConnSwag11 said:
I think they’ll clear xrp and it’ll be used by central banks and major banks
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If this happens then it should move BTC up as well. Clarity does wonders for investors, and is sorely needed in the US.
 
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