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    Australia’s property boom making the nation poorer

    Your explanation does away with the basic principle of supply and demand. Yet, negative gearing, a financial wizardry Australians are fond of, distorts that principle. If I'm correct, it encourages borrowing to purchase properties that can't break even by allowing the loss to be tax deductible...
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    Australia’s property boom making the nation poorer

    Seems to me the problem is simple to resolve: Build more multi unit housing. It would have multiple benefits, lower cost of ownership, greater population density helps stimulate small business creation, lower environmental footprint, easier infrastructure management... oh but I forgot...
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    Someone bought $3,400 worth of SHIB last August. It’s now worth $1.55 billion

    A big fight is brewing over cryptocurrencies. These are some key players to watch November 6, 20215:00 AM ET Cryptocurrency is at a crossroads. As its popularity explodes, the Biden administration is laying the groundwork to set rules for an industry that has surged in popularity, but has so...
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    Crypto company sues SEC for illegal procedures

    Whatever. These are micro procedural arguments that have nothing to do with anything other than the CEO of Terra. It's entirely normal for the SEC to understand what's going on in the space, ensure that existing rules are respected and no one is using their complex knowledge to scam the...
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    Someone bought $3,400 worth of SHIB last August. It’s now worth $1.55 billion

    Thanks for the "for dummies " explanation of how options work, it was very clear and I agree with price above 850 between now and 01 21 2021 precisely because of BTC, the one predictor of MSTRs future performance, with the caveat that they're not tightly corollated. So BTC seals your fate...
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    Someone bought $3,400 worth of SHIB last August. It’s now worth $1.55 billion

    I admit, I have no idea how options work but 1500 in 7 weeks seems wishful as it's been trading 710 to 800 for many months. Its break above 800 is a welcome sign and with such a small float and price so linked to BTC, anything can happen.
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    Someone bought $3,400 worth of SHIB last August. It’s now worth $1.55 billion

    I don't do options, but MSTR is my one of my top 3 profitable stocks this year, with TSLA and GME.
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    Someone bought $3,400 worth of SHIB last August. It’s now worth $1.55 billion

    You're really obsessing about criminal money being laundered, when most example detailed on this thread is about crypto gamblers making it big. Nothing illegal there, even if the amounts are over the top. Denying the value of blockchain is short-sighted, but you wouldn't be the first or only to...
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    Dunit, gone to cash!

    Yeah, I was waiting for someone to bring this up. This could well be another example of watching the market jump up right in front of my eyes, or it could be lucky timing. Hindsight will settle that one. This is a 401k retirement account that I've been treating like an all or nothing product...
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    Dunit, gone to cash!

    Talking about catching knives, a few months ago I was cutting bread with my very favorite big, extra sharp, bread knife which handle is heavier than the blade. When resting it on the counter the handle wasn't and the knife flipped and dropped. On the way down it caught the little finger of...
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    Baron's Crypto Trading Journal

    Figured you'd know about lithium carbonate
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    Someone bought $3,400 worth of SHIB last August. It’s now worth $1.55 billion

    Finally one that didn't run away from me
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    Baron's Crypto Trading Journal

    Oops! Forgot to take my lithium today
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    Dunit, gone to cash!

    It's possible, but I'm in a thankfully comfortable enough position not to have to closely time the market. I may miss out on a few % gains and be ready for the next 30+% drop. Of course if the drop doesn't come in the coming months I will be back at square one....
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    Dunit, gone to cash!

    This year has been a tough trading year for me with a couple small corrections, in February and September. Thanks to the last 3 weeks, I've managed to recoup my losses and may even turn a sliver of profit before year end, which wasn't so obvious only a month ago. For a second year in a row my...
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    Baron's Crypto Trading Journal

    Lithium mines have been good to me over 15 months: Symbol Gain % Cost Per Share Last SQM 77.59% 34.48 61.24 PLL 80.86% 35.58 64.35 LTHM 172.48% 11.12 30.01 JCI 72.86% 42.94 74.23 ALB...
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    Dunit, gone to cash!

    Too much pressure for me! Today I moved my entire investment portfolio to cash and I'm in the process of winding down my trading account to cash by end of this month. All that remains active is our less than 10% crypto. I will continue to trade sporadically, large sizes day trades. Why now...
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    Elon Musk says he’ll donate $8b to end world hunger (on one condition)

    I support the UN and its efforts but, like all administrations, over time they become bloated, inefficient and secretive to protect their keeps. It's the case there, in every branch of government and in business. Of course, it's worst when it's my taxpayer money greasing the inefficiencies...
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    Someone bought $3,400 worth of SHIB last August. It’s now worth $1.55 billion

    You need to take some anti psychotic pills and stop reading whatever gets you to those assertions; they are truly baseless. All of my income sources are accountable and all of my returns are explainable. Between my wife and I we have 4 passports, lived in 6 countries over the last 15 years...
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