Shares to watch

[Froddy]

Very true ...

Whilst many hold Elon to blame, I don’t think it’s entirely fair. The writing was already on the wall with the chart structure, and I was worried about people here who held it when I posted that price had reached an inflection point and that stop losses were important.

Hopefully nobody here is very badly burnt.

 

[rockits]

I’m buying into Baldcoin big-time - and never parting with it

You could be right.....I might grab some Baldcoin too. My only concern if like some other Crypto's it will be hair today and gone tomorrow.

 

[Wattie]

Because when a thing has no intrinsic value, and is a pure speculation, there’s nothing to anchor a valuation to. So anything can influence what people will pay for it.

A little like FIAT currency then.....becomes toilet paper when credibility runs out.

 

[rockits]

Any major correction on Baldcoin might take the shine of it too!

Sorry, couldn't resist

 

[rockits]

A little like FIAT currency then.....becomes toilet paper when credibility runs out.

At least toilet paper has some use. These new plastic notes you can't even burn or wipe your butt on them

 

[foibles]

I really hope anyone thinking of buying baldcoin is prepared to stay with it through thick or thin.

... And is not thinking of applying a stop loss

 

[Ebenezer]

At least there will be no haircut on any transaction
Eb

 

[rockits]

I guess there is no option to go long or short though

 

[stindig]

Because when a thing has no intrinsic value, and is a pure speculation, there’s nothing to anchor a valuation to. So anything can influence what people will pay for it.

Doesn't a product like, say Ethereum, that handles 1.1M transactions a day and has $55BN locked in distributed finance, giving significantly better returns than can be obtained from the banks, have intrinsic value? Isn't all investment speculation on future performance?

 

[whereskeith]

Lots of people have “diamond hands “ as they call it now because they believe it’s going much higher

Yup but those that bought at 60k probably cashed out.....huge losses.
Until the volatility and whale manipulation ends it’s never gonna be a reliable store of value......that’s its weekness and as we’ve seen recently government action threatens stability and price.

 

[whereskeith]

Don’t buy baldcoin buy shiba inu instead it’s super cheap , super **** and if It gets to 1cent your laughing

 

[Wattie]

Don’t buy baldcoin buy shiba inu instead it’s super cheap , super **** and if It gets to 1cent your laughing

You got some?

 

[Wattie]

US Ponzi scheme situation deteriorates.

Repo Crisis Looms: Fed's Reverse Repo Usage Soars To $351BN, Fifth Highest Ever | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

Further deterioration (daily)

"RRP Explosion": Fed Reverse Repo Soars To Third Highest With "Incredible Amount Of Cash" | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

Gold on the move....silver too.

 

[whereskeith]

You got some?

affirmative.
but not much, I figured if doge which is also a joke can get to 50 cents then the worlds gone mad and anything can happen so it was worth a fun punt .
Have small amount in other bits too but nothing substantial unfortunately.

 

[Froddy]

Further deterioration (daily)

"RRP Explosion": Fed Reverse Repo Soars To Third Highest With "Incredible Amount Of Cash" | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

Gold on the move....silver too.

Both metals looking great!

The volatility squeeze has just fired on the weekly spot gold chart:
https://www.tradingview.com/x/ZZIMBY0n/

But is yet to fire on the weekly spot silver chart:
https://www.tradingview.com/x/raYNUF1S/

I’m bullish both (and have a position in spot gold with first target at +2ATR)

 

[Wattie]

affirmative.
but not much, I figured if doge which is also a joke can get to 50 cents then the worlds gone mad and anything can happen so it was worth a fun punt .
Have small amount in other bits too but nothing substantial unfortunately.

What put you off baldcoin?

https://www.sportsmaserati.com/index.php?threads/shares-to-watch.30339/post-861030

 

[lozcb]

Just turning $1900 chaps , hold on to your hats the next couple of months ............birdie tells me we are going to $2500 as the ***** unravels , Caracal/Mayflower may have another purchase coming up

 

[whereskeith]

What put you off baldcoin?

https://www.sportsmaserati.com/index.php?threads/shares-to-watch.30339/post-861030

It’s not on Binance yet

 

[breezer]

A little like FIAT currency then.....becomes toilet paper when credibility runs out.

Well no, fiat is backed by the ability to extract taxes. This makes it pretty credible.

 

[breezer]

Doesn't a product like, say Ethereum, that handles 1.1M transactions a day and has $55BN locked in distributed finance, giving significantly better returns than can be obtained from the banks, have intrinsic value? Isn't all investment speculation on future performance?

But what returns do investors in ethereum get? Investors in activities and companies get a cash return (potentially). Investors in ethereum are just waiting for someone else to pay more for it. How can one value that?

That’s the difference between investment and speculation.

1Q 2021 GMO Quarterly Letter

The signs of speculative excess in the stock market today are obvious. Speculative booms provide entertainment and outsized profits while they are happening, but they do generally burst painfully.

www.gmo.com