stock tok etc.

[MP]

Goodfood approaching an all time high. Some would credit this to lockdown news and a growing line of food service and faster delivery, but I credit this to Dogs nephew and the great work he did there in his short time. There's always a delay on innovative individuals and brilliant minds at companies and the advancement they make in these businesses and I feel that is what were seeing here. The impact of Dogs nephew is now seen in shareholder value.

I never doubted it, personally.

Is it going to hit $11 or should I sell now?

[Ricard_Persson]

I'm really just an idiot and not smart enough to "know". I can guess though.

First off, selling and locking in your profit is never a bad deal. You seem like a longer term guy though and I like goodfood for some reason and think they will continue to return 30% a year by holding.

I like to move in and out personally, and try to make those 30% years into 50% by not holding for a drop. I think I'm personally going to hold here and I'm up pretty good in the last month since I bought.

$10.49 (all time high from a couple months back) is going to be a huge number to break through and I wouldn't be surprised if we bounce off it and drop back in the $9's. However, I think a clean break through $10.50 with some good volume and we'll be in the $12's quickly.

Just my 2 cents. This lockdown helps but the overall market could catch us. Its been a good US market run for a long time and I'm always worried about a rug pull. They just talked about a new $2000 a person stimulus tonight so that should get the market humming if they can pass that.

[Dog]

Goodfood approaching an all time high. Some would credit this to lockdown news and a growing line of food service and faster delivery, but I credit this to Dogs nephew and the great work he did there in his short time. There's always a delay on innovative individuals and brilliant minds at companies and the advancement they make in these businesses and I feel that is what were seeing here. The impact of Dogs nephew is now seen in shareholder value.

I never doubted it, personally.

It was turning it into a sweetshop that did wonders for productivity.

[Ricard_Persson]

Is it going to hit $11 or should I sell now?

$10.99 good enough for ya? It touched that this morning.

I'm still holding. I think it's going to close over the $10.49 today. Never say never, but it looks good now. Staying strong this afternoon. It is a weird time of year though with light trading coming up, so who knows.

Here's a 1 minute chart if the link works. I might have signed in to make an account to see it, but the 1 minute charts are cool to see the daily roller coasters. It has a pretty strong base at $10.70ish, it's hit it and bounced up four times today so far from it.

https://www.tradingview.com/chart/cEhfLTth/

[MP]

Geez, I wish I had mortgaged my house to buy this. Well over triple money at this point...

[Ricard_Persson]

Whats your average cost on goodfood? You've must have been in a while. I remember buying in the $2's.

Amazon breaking out now, finally and hopefully for good. Its been super frustrating but big day today so far. I have to get out of these options, holding too long. Hoping to see $3500 on this run.

Trump giving everyone $2000 will help. Everyone off to amazon to buy a shelf or some shit.

[Ricard_Persson]

Sold my Goodfood at $11.58. It was up 38% and thats a lot in two months so I had to make the safe call and lock in profit. Ill be watching it to re-enter once it settles down.

[Ricard_Persson]

Goodfood hit $12.59 this morning. That's pretty stretched. I've been checking for news and nothing released on this monster run. Certainly Covid helping but seems delayed in buying, usually you have to be really early on that type of news but it keeps chugging. Someone always knows something.

The price is stretched right now, I wouldn't be surprised if that 12,59 is the high point still in two weeks. We'll see, but it was a monster run and it has to cool off and level off somewhere comfortable, I would guess the $11's become the new comfort zone unless they announce some great news.

I sold yesterday and used my profit to buy 1 Amazon $4000 call that expires mid March. Fairly risky. My wagon is hitched to a first quarter run for Amazon.

[Twitter bArt]

https://finance.yahoo.com/news/sona-nan ... yDUy0fN_po

I loaded up on this a few ago when it hit just a shade over $1.

Makes up for DOC right now

[Ricard_Persson]

Thats crazy. 130% in a day. I love the "loaded up" part. Must feel good. Ballsy move especially in a down trend chart that had a pretty big drop in the last few months.


I just looked at BU.TO and it popped a week before I looked. Nice pop too. I forget to check it all the time and look every 2 months which is not good enough.

[PredsFan77]

12% for the year. Lots of commodities exposure in the ole portfolio so if inflation comes to fruition, which I’m not entirely convinced, I’ll be sitting in tall cotton.

[Ricard_Persson]

Gold and silver will do well this year. I'm afraid to look at final numbers. Had a disastrous 4th quarter.

[Slick Nick]

Eth is at 900$ banes why didn't you listen.

[Slick Nick]

I could have been rich(er) by procuration

[PredsFan77]

it's odd with polling saying that both Dems are going to win in Georgia that stocks are at all time highs. Would give Biden carte blanche to reverse Trumps tax cuts

https://projects.fivethirtyeight.com/ge ... ate-polls/

[Slick Nick]

ETH 1150$

btw, doggo... it is now official that all large institutions are buying hefty amounts of my stupid coins. And so will you...

light years ahead ™

[PredsFan77]

it's odd with polling saying that both Dems are going to win in Georgia that stocks are at all time highs. Would give Biden carte blanche to reverse Trumps tax cuts

https://projects.fivethirtyeight.com/ge ... ate-polls/

[MP]

Sold Food today. 317% gain...

[Slick Nick]

Sold Food today. 317% gain...

Now take the money and buy a real asset like bitcoin or gold because all your dollers will be worth the same as my collection on USSR rubles in 2 years.

[Twitter bArt]

i accidently bought Buttcoin

[PredsFan77]

Oh BABY $ALS.TO

[Slick Nick]

Friendly reminder that MSM media hasn't given in yet... 50k 75k 200k once normies fomo

step over your pride and diversify. We're not talking about internet nerds and russians mafia aymore... we're talking about all the large hedge funds, banks and whatnot.

I tried to warn you.

[Slick Nick]

I've been wondering why the US stock market is going bananas while the real economy is in shatters... I think money printer goes brrrrrrr is definitly for something... but I also think the the decoupling from reality has maybe more to do with the transnationnal facet of the companies more than with their local identity. How is Google more american than global? Might have been said before but never actually thought about it until now...

[Dog]

Still tulips, nick. You think a drastic inflation of an irrational asset validates it? That’s what bubbles are.

[Craig]

Yeah, getting in to a bubble after the institutionals (do we actually know they're in?) because of FOMO doesn't sound that appealing to me.

[Dog]

do we actually know they're in?

I don’t. Maybe some decided to get greedy and figured they’d profit from the upswing before dumping -good luck with that.

[PredsFan77]

I tried to warn you.

[Slick Nick]

Still tulips, nick. You think a drastic inflation of an irrational asset validates it? That’s what bubbles are.

TIL that useless shiny metals stored in vaults and non-dividened Van Gogh paintings are tulips. Digital scarcity that’s what bitcoin has brought. If everyone acknowledges that bitcoin is worth a price, it is worth that price. You’re supposed to be the smart ones, why must I explain everything to you.

[Slick Nick]

I tried to warn you.

DELEEEEEET



btw we are before media attention.

[Slick Nick]

Yeah, getting in to a bubble after the institutionals (do we actually know they're in?) because of FOMO doesn't sound that appealing to me.

They are... I'm a lazy person greg.

[Dog]

Still tulips, nick. You think a drastic inflation of an irrational asset validates it? That’s what bubbles are.

TIL that useless shiny metals stored in vaults and non-dividened Van Gogh paintings are tulips. Digital scarcity that’s what bitcoin has brought. If everyone acknowledges that bitcoin is worth a price, it is worth that price. You’re supposed to be the smart ones, why must I explain everything to you.

Bitcoins may have scarcity, but not cryptocurrencies as a whole.

Country X adopts its own digital currency. The e-dollar. It has legal currency.

Why is bitcoin valuable? It’s blockchain technology that has value.

[Slick Nick]

Still tulips, nick. You think a drastic inflation of an irrational asset validates it? That’s what bubbles are.

TIL that useless shiny metals stored in vaults and non-dividened Van Gogh paintings are tulips. Digital scarcity that’s what bitcoin has brought. If everyone acknowledges that bitcoin is worth a price, it is worth that price. You’re supposed to be the smart ones, why must I explain everything to you.

Bitcoins may have scarcity, but not cryptocurrencies as a whole.

Country X adopts its own digital currency. The e-dollar. It has legal currency.

Why is bitcoin valuable? It’s blockchain technology that has value.

They all have scarcity technically.. just like metals. Not all of them have reserve asset status. Some of them (think ETH) have real case uses. It’s the main protocol on which all other blockchains run. To run the protocol you must pay a fee, thus inflating the price value of the asset parallely to the speculation. Chainlink (LINK) is an oracle protocol. It’s the onramp from non-blockchain based technology to blockchain ecosystem. Etc.

Think of bitcoin as gold 2.0. Think of ETH is microsoft 2.0. Think
Of other cryptos as googles, facebooks and cats.com.

Like what’s 10,000$ to you? A coffee machine? Had you bought ETH at 120$ like banes was supposed to, you would have 10x your money. In 5 years, 1200$ ETH will probably be laughable.

Not financial advice.

[Dog]

I don’t hold any gold, nick. It’s not an income generating asset. But at least it has, I dunno, hundreds/thousands of years of being psychologically regarded as a currency of refuge. Bitcoin, not so much. I could buy shares of companies that own and can sell/license blockchain IP.

[Slick Nick]

I don’t hold any gold, nick. It’s not an income generating asset. But at least it has, I dunno, hundreds/thousands of years of being psychologically regarded as a currency of refuge. Bitcoin, not so much. I could buy shares of companies that own and can sell/license blockchain IP.

I could buy the stock of the plastic company that makes mocrosoft CD’s. Not investing in your stupid vidya games, son.

Ok boomer

[Craig]

Still tulips, nick. You think a drastic inflation of an irrational asset validates it? That’s what bubbles are.

TIL that useless shiny metals stored in vaults and non-dividened Van Gogh paintings are tulips. Digital scarcity that’s what bitcoin has brought. If everyone acknowledges that bitcoin is worth a price, it is worth that price. You’re supposed to be the smart ones, why must I explain everything to you.

My best guess is the Dunning-Kruger effect.

[Dog]

I don’t hold any gold, nick. It’s not an income generating asset. But at least it has, I dunno, hundreds/thousands of years of being psychologically regarded as a currency of refuge. Bitcoin, not so much. I could buy shares of companies that own and can sell/license blockchain IP.

I could buy the stock of the plastic company that makes mocrosoft CD’s. Not investing in your stupid vidya games, son.

Ok boomer

I’m indirectly invested in video games. Why not? It sells, makes profits. You’re trying to sell « the new gold », when I haven’t even bought the old gold.

[Slick Nick]

Still tulips, nick. You think a drastic inflation of an irrational asset validates it? That’s what bubbles are.

TIL that useless shiny metals stored in vaults and non-dividened Van Gogh paintings are tulips. Digital scarcity that’s what bitcoin has brought. If everyone acknowledges that bitcoin is worth a price, it is worth that price. You’re supposed to be the smart ones, why must I explain everything to you.

My best guess is the Dunning-Kruger effect.

Nice name dropping there greg. I do that all the time with impressionnable girls.

[Slick Nick]

I don’t hold any gold, nick. It’s not an income generating asset. But at least it has, I dunno, hundreds/thousands of years of being psychologically regarded as a currency of refuge. Bitcoin, not so much. I could buy shares of companies that own and can sell/license blockchain IP.

I could buy the stock of the plastic company that makes mocrosoft CD’s. Not investing in your stupid vidya games, son.

Ok boomer

I’m indirectly invested in video games. Why not? It sells, makes profits. You’re trying to sell « the new gold », when I haven’t even bought the old gold.

Look, I'm broke.. my triangle strategy fucked me over and I only doubled my couple grand investment watching the train pass by. My plan is to get you rich fucks into the bubble and once we moon to 250k Bitcoin to start using some fine psychological manipulation so you send me a little something in gratitutude.

You in?

[Craig]

TIL that useless shiny metals stored in vaults and non-dividened Van Gogh paintings are tulips. Digital scarcity that’s what bitcoin has brought. If everyone acknowledges that bitcoin is worth a price, it is worth that price. You’re supposed to be the smart ones, why must I explain everything to you.

My best guess is the Dunning-Kruger effect.

Nice name dropping there greg. I do that all the time with impressionnable girls.

I don't think you know what name dropping is.

[PredsFan77]

I tried to warn you.

DELEEEEEET



btw we are before media attention.

delusion

[Slick Nick]

delusion

The ammount of bitcoins been bought and transfered into cold storage says otherwise. It's a long game.

[Slick Nick]

The richest man in the world is sitting at the head of a meme company that produces meme cars in meme numbers.

[Slick Nick]

The richest man in the world is sitting at the head of a meme company that produces meme cars in meme numbers.

[AD]

Easily. Defensible. Land.

[Twitter bArt]

welcome back AD

[AD]

Fuck you Artie

[Slick Nick]

There's a good chance you might still get enter at 20k

[Ricard_Persson]

Goodfood hiring 500. Not so small a company anymore.

I went ahead and sent Dog's Nephews resume back into them. I'm a reference.

[Slick Nick]

Way too much volume for a hair cut... sorry.. you'll buy at 65k

[PredsFan77]

bull trap