- 39,326
- 40,751
if sac didnt want to pay bogdan, they gonna pay dinwiddie?Does Sacramento's BTC decision lock up a Spencer Dinwiddie signing this offseason?
they trading buddy curry ? and letting haliburton flourish
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if sac didnt want to pay bogdan, they gonna pay dinwiddie?Does Sacramento's BTC decision lock up a Spencer Dinwiddie signing this offseason?
I can see this. PAID is a whole different ball game, you're forcing investments on people. Golden handcuffs which in this case may be made out paper.I wouldnt want to be fully or even mostly paid in BTC either
Sure most wealth is stored and transferred digitally nowadays
But cryptos are still a poor currency because of lack of adoption and volatility
I want my currency to be stable and usable everywhere
Great as an investment though. Look at how much you made off of a $2000 purchase in 2012
Yup... All the education on it are memes. I have seen maybe one real solid piece of material on it. Crazy. All the returns are momentum and flow driven its crazy to watch.BTC only blew up because of social media. It's all those "get rich quick" type of investors. No, thanks
Dude I work with just spent $2k on cards, in his pack he got an autographed... Brian Scalabrine card.I honestly feel like sports cards might be a somewhat decent investment now.
The old school joints that we grew up with or these new Top Shot thingamajiggers? I'm still not certain what they are but I know the value of the company and their products on the resale market are growing exponentially. I don't get it.I honestly feel like sports cards might be a somewhat decent investment now.
I am pretty open minded but NFT art and Nba topshot is ****ing crazy to me.
Sports cards have at least been around for decades and more and more people are getting into it.
I just perused a few articles on "NFT Art" and I'm good. My thoughts on BTC basically mirror those of anti and hank. I'm still skeptical and admittedly don't fully understand but I put a little something something in it back in the day for the culture. Sure it's grown but I couldn't tell you why or why I even made the decision to investI am pretty open minded but NFT art and Nba topshot is ****ing crazy to me.
Sports cards have at least been around for decades and more and more people are getting into it.
Money is being totally gamified. Its all a race to capture the dollars of the retail/young investor; a segment of the market that people by and large ignored for decades and now its become apparent that in aggregate they control a very large portion of global investable capital.
-Oh you can't buy art? Where here is art for your generation (NFTs)
-Here is currency for your generation, the legacy system is screwed look how long it takes to send money places!
-Can't afford a financial advisor, here's a robo advisor (this is a good thing IMO)
-Lets create these reddits/Discords/Private Groups where herd trade behind ONE guy who is supposedly an expert
-Come Learn How to trade Forex
-GME period
At the end of the day I'm glad people are getting interest in the concept of putting their money to work, but a lot of what is at the forefront of it in our demographic is not being properly underwritten in terms of risk. People are gonna be left holding the bags and unfortunately turned away from what should be a good thing for people long term
You made almost 8m's in less than a decade from a nominal initial investment though, entirely passive.Aint no one care about this stuff. They just want to get rich quick.
I tell people to open up 401ks and Roth IRA. Find a mutual fund with a rate of >12% over 50+ years of history. Max out the 401 and IRA till you're 65. Chances are, you'll probably have $3-4mm (non-taxable) when it's time to retire.
But no one wants to do it the hard way.
I tripled up in crypto. I don’t have to understand it completely. I’m not trying to be on the sidelines
Bruh, bitcoin high was like $15 in 2012. If you had $2,000 worth then, you had ~133 bitcoins. It's ~$57 ,707 now. So that $2,000 in 2012 would be $7,694,XXX now. And you don't believe in it? What else could you have done, legal or illegal, to get that kind of return
I tripled up in crypto. I don’t have to understand it completely. I’m not trying to be on the sidelines
People are gonna be left holding the bags and unfortunately turned away from what should be a good thing for people long term
Pretty much the same, just do that buy ETFs, call it a day. Unless you're in the weeds on this stuff, that's the way.Aint no one care about this stuff. They just want to get rich quick.
I tell people to open up 401ks and Roth IRA. Find a mutual fund with a rate of >12% over 50+ years of history. Max out the 401 and IRA till you're 65. Chances are, you'll probably have $3-4mm (non-taxable) when it's time to retire.
But no one wants to do it the hard way.
Its not really passive, and the vol of Bitcoin is pretty much immeasurable.You made almost 8m's in less than a decade from a nominal initial investment though, entirely passive.