Generally speaking, we should be transferring FRNs to all forms of valid energy right now - hard assets, bitcoins, seed stock and food, precious metals, fuel and energy storage, etc.
That's not a good metric. The metric that should be considered is profit. If BTC doubles in value and you bought BTC at it's current price, profit 100%.
Once GME transformation is complete, I expect it to be at least 10x it's current price per share.
But what about the short squeeze? If we analyze the short squeeze of Tesla, it was a 250% increase from the start of the squeeze to the peak.
Now consider how much short interest GME is at. Way more than Tesla was. The short interest was around 20-25% of Tesla's float.
Regarding the GME "sneeze", at its peak, the short interest was reported to be over 100% of the float. Specifically, around January 2021, the short interest in GameStop was estimated to be around 140% of the total available shares.
Short hedge funds have been shorting it ever since the "sneeze" occurred to prevent them from going bankrupt. Imagine how much the short interest is now!
BTC is not used for illicit trades anymore. It's very easily trackable. Drug sites use monero now days.
ChatGPT:
Monero (XMR) is designed to be highly private and secure, making it difficult to trace transactions. Here are some of the key features that contribute to Monero's privacy:
Ring Signatures: These mix the spender's input with a group of others, making it unclear which one was actually spent.
Confidential Transactions (RingCT): This hides the transaction amounts.
Stealth Addresses: These generate a one-time address for each transaction on behalf of the recipient, making it difficult to link transactions to the recipient.
Due to these privacy features, tracing Monero transactions is significantly more challenging compared to other cryptocurrencies like Bitcoin, where transaction histories are publicly accessible. However, no system is completely foolproof, and researchers and authorities continually develop new methods to analyze and potentially de-anonymize transactions.
So do we think BTC is going to go up under the Trump admin?
And as it continues to gain higher adoption.
Generally speaking, we should be transferring FRNs to all forms of valid energy right now - hard assets, bitcoins, seed stock and food, precious metals, fuel and energy storage, etc.
And GME
"nearly as high"
That's not a good metric. The metric that should be considered is profit. If BTC doubles in value and you bought BTC at it's current price, profit 100%.
Once GME transformation is complete, I expect it to be at least 10x it's current price per share.
But what about the short squeeze? If we analyze the short squeeze of Tesla, it was a 250% increase from the start of the squeeze to the peak.
Now consider how much short interest GME is at. Way more than Tesla was. The short interest was around 20-25% of Tesla's float.
Regarding the GME "sneeze", at its peak, the short interest was reported to be over 100% of the float. Specifically, around January 2021, the short interest in GameStop was estimated to be around 140% of the total available shares.
Short hedge funds have been shorting it ever since the "sneeze" occurred to prevent them from going bankrupt. Imagine how much the short interest is now!
Trump is trying to get the most popularity possible is my bet. Why even invest in BTC when GME is clearly propped by WH to us.
Good point. I think I've got enough GME, unless it goes below 20 again.
GME and BTC are completely different investments. One is a stock. The other is an alternative system of money that empowers the individual.
Yes. Even if it doesn't, you should take that opportunity to dollar cost average every 2 weeks whatever your budget would allow.
BTC is not used for illicit trades anymore. It's very easily trackable. Drug sites use monero now days.
ChatGPT:
Monero (XMR) is designed to be highly private and secure, making it difficult to trace transactions. Here are some of the key features that contribute to Monero's privacy:
Ring Signatures: These mix the spender's input with a group of others, making it unclear which one was actually spent.
Confidential Transactions (RingCT): This hides the transaction amounts.
Stealth Addresses: These generate a one-time address for each transaction on behalf of the recipient, making it difficult to link transactions to the recipient.
Due to these privacy features, tracing Monero transactions is significantly more challenging compared to other cryptocurrencies like Bitcoin, where transaction histories are publicly accessible. However, no system is completely foolproof, and researchers and authorities continually develop new methods to analyze and potentially de-anonymize transactions.