GME will beat BTC in a year, mark my word

Pekelo said:
So let's see if I am right, today GME is at $22 and BTC is at 60K (for easy math). In the next year GME will easily outperform BTC, that is the bet. If not, I will throw ash on my head and never post on ET again. But if I am right, crypto fanboys will acknowledge my greatness and will never try to convert anyone ever again.

Now not necessary 12 month from now, but the prediction is that in the following 12 months, the high of GME will be a much better % than the high of BTC, counting from today's base price.

GME is a better storage of wealth, a better payment device and you can even wipe your ass with the stock certificates!

Come on GME, show them how it is done!!! To the Moon and beyond!!!!
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Please extend the GME vs BTC challenge to 16 months instead of 12 months

2021 btc high was in November

2017 btc high was in December

Thanks
 
Bitcoin (BTC): The 1-year at-the-money implied volatility for BTC is approximately 50% to 55%.
GameStop (GME): GME's 1-year implied volatility is significantly higher, around 180% to 337%.

That's the easiest bet to say peak returns, within one year, will be higher for GME than BTC.
 
Sekiyo said:
Bitcoin (BTC): The 1-year at-the-money implied volatility for BTC is approximately 50% to 55%.
GameStop (GME): GME's 1-year implied volatility is significantly higher, around 180% to 337%.

That's the easiest bet to say peak returns, within one year, will be higher for GME than BTC.
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Im interested to read that it has a billion in cash reserves with a mere 25 million in debt.Sales booming.

Ive usually brushed over it as a mere meme stock.

BTC aside,and at a glance,I dont see anything wrong with a bullish position in GME.

My personal sentiment is one of caution,marketwide,but that usually means we have a ways to run.:D
 
semperfrosty said:
Im interested to read that it has a billion in cash reserves with a mere 25 million in debt.Sales booming.

Ive usually brushed over it as a mere meme stock.

BTC aside,and at a glance,I dont see anything wrong with a bullish position in GME.

My personal sentiment is one of caution,marketwide,but that usually means we have a ways to run.:D
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GME exists ONLY because it became a MEME stock...that's its purpose now, not as a company. Clearly Cohen doesn't understand the assignment after insulting the meme community with that arrogant earnings call, and releasing yet another share offering.

They should have put RK on the board, bought back shares and thrown a party in Vegas thanking investors for saving their jobs.
 
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Pekelo said:
Special warning: If I don't respond to you, chances are you are on my Ignore list already what is full of crypto boys, so this will be a lonely thread, but hey, it is lonely on the top.
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If you are "on top" then what is your dollar PnL year to date?
 
GME will go

up and down and
up and down and
up and down and
up and down and
up and down and
up and down and
up and down and
up and down and
up and down till the end of time.

So you should

buy and sell and sell and buy and
buy and sell and sell and buy and
buy and sell and sell and buy and
buy and sell and sell and buy and
buy and sell and sell and buy and
buy and sell and sell and buy and
buy and sell and sell and buy and
buy and sell and sell and buy and till the end of time.
 
Kids, GME is in the green while the market and BTC are taking a dump.

Roaring Kitty, we believe in you!!!

Special note: Some of you may haven't got the memo, but this thread is a satire of the incredible moronity of crypto. Nevertheless, parody or not, I will be right and GME will be a better store of value and diversification than BTC. There, now you got the memo...
 
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Pekelo said:
Special note: Some of you may haven't got the memo, but this thread is a satire of the incredible moronity of crypto. Nevertheless, parody or not, I will be right and GME will be a better store of value and diversification than BTC. There, now you got the memo...
More...

So there is no bet?

Probably all for the best... we'd hate to lose you when bitcoin hits $690,420 /btc next year

Pekelo said:
So let's see if I am right, today GME is at $22 and BTC is at 60K (for easy math). In the next year GME will easily outperform BTC, that is the bet. If not, I will throw ash on my head and never post on ET again. But if I am right, crypto fanboys will acknowledge my greatness and will never try to convert anyone ever again.

Now not necessary 12 month from now, but the prediction is that in the following 12 months, the high of GME will be a much better % than the high of BTC, counting from today's base price.
More...
 
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