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281  Economy / Economics / Re: The lies about "If invested $1000 during IPO for MSFT you would have made $1.6m" on: February 09, 2023, 10:55:32 AM

Stock markets are not designed to make private investors rich.  Although most private investors will probably disagree with this statement...

Yup, I finally realise the ironic of this phenomenon, I concluded (just my stance not anecdotal) stock market is created to defraud innocent people, it has no foundation to be honest, because when a person is facing survival of fittest mode, they cheat through the roof. Any person would cheat when they’re facing death threat, the honest person wouldn’t cheat and become the main target to be defrauded. Politician lied and businessmen lied, surprisingly politician and businessmen could work together in a society because both of them are rampant liars and they have one common purpose that’s to defraud another person.


... What's the problem here?

Very big problem, that’s also the whole reason why bitcoin was invented in the wake of crisis, and Charlie Munger feel upset and wish bitcoin never be invented. How does it add up, I wouldn’t explain, it’s a mistakes which should never be widespread.
282  Economy / Economics / Re: The lies about "If invested $1000 during IPO for MSFT you would have made $1.6m" on: February 08, 2023, 04:24:35 PM

You probably misunderstood what they're trying to say with this... Not necessarily the fact that everyone should be risking their money into IPOs lmao.

Agree. It’s not worth to risk the money. Do we have a lot more horror story of guy get screwed in stock market? Remember retail on the GME? Also the billionaire one from Tesla? It seem baffling to me, well, I can imagine all their loss would contribute into the rich getting richer, notably the banker. Many may not get to know but 530, 2015 is remembered to be the day shanghai stock exchange wipe out a lot of hard earned money from many traders. Whether it’s IPO or it is blue chip, they’re not good to risk on.

Back in the late 90s and early 2000s I’ve met and heard about tons and tons of people who became very rich because they were early investors in Microsoft. These days you don’t really hear about it...

But it was pretty much the equivalent of buying Bitcoin early...

The 90s riches had to be rather poor by today scale. It’s true there is some talk of guy make money on the dotcom boom, that’s also how some friends introduce me to punting into the stock, btw I had to cut tie with this friendship after all the bs I had went through, I remember the moment I quit stock investing and call them all are bs, I also remember all my friends yell at me for being losers and rage quit while they never stop boosting about their trading profit one after another, yup it feel unimpressive and loser and humiliated, but it doesn’t make me more triggered. Apparently WB never invest in MSFT even though WB and Bill Gates are good friends, we should also not invest based on friendship.
283  Economy / Economics / Re: The lies about "If invested $1000 during IPO for MSFT you would have made $1.6m" on: February 08, 2023, 04:46:39 AM
...other things you could invest into instead of Microsoft as well...

Yes... I had yet to read an article that suggest otherwise. Tbh every article on the internet wouldn’t hestitated when it come to advocating turning $1000 into $1m in some of the hottest trades. The most overused narratives such as $1000 in blue chip IPO is too common.

I couldn’t yet understand the trick behind diversified into some other investment. Obviously, the aforementioned curiosity is also a good reason I would likely loss more money trying into the new venture to learn yet another losing endeavour.
284  Economy / Economics / The lies about "If invested $1000 during IPO for MSFT you would have made $1.6m" on: February 07, 2023, 10:39:17 PM
The lies about "If invested $1000 during IPO for MSFT you would have made $1.6m"

We had been promised we can all achieved common prosperity, an utopia society, investors just have to invest as little as $1000, and everybody each of you can achieve retirement and freedom. Everybody win, a win and win ponzi, nobody could loss, not a zero sum. YES, an ultimate life goal of making all guy rich and nobody get left behind and get poorer, an utopian life!

Let’s make some most ideal outcome, assume we achieve the bestest ever outcome, we have US 200m population in 1986, say 10% population is 20m capable adult invested each $1000 into msft, each of them to be worth $1.6m after some 40 years... let’s do some simple maths.

In 1986, Microsoft launch the IPO.
$1000 times 20,000,000 investor, capital would be sum up to $20 billions...

In 2023, everybody win, we all achieved common prosperity, everybody retired in this utopia society because the president said so, thus you do not ask why!

$1.6m times 20,000,000 investor,
$32,000,000,000,000! $32 trillions!

When I look at the market cap of the Microsoft today it’s just worth some $3.2 trillions. Which is 90% shortfalls!

I can’t imagine how are Microsoft going to pay each investor $1.6m, if each of them invested during IPO, which would sum up to $32 trillions to make everybody achieve utopia life. It’s bizarre calculation. Obviously the ideal utopia society is never possible from be very beginning, it’s never possible to get the $1.6m from just $1000 no matter what they promised, it has to be some of the most lucky person in the world to be entitled the one who get into the IPO.

Apparently this game have to be rigged to make the payroll look possible, with a lot of creative calculations, not all guy could be invested on the IPO price, some investors have to loss to make up for the gainer, apparently 90% would be the loser to make up the 10% gainers which seem very fair. Because $3.2 trillions compare to $32 trillions idealistic outcome. Idk what to say about the 401k pension fund, it sound like a utopian wishful thinking at best.

But I don’t care about all the buzz, instead just toss all the capital into property, obviously it look to me there is so few property investors that could possibly loss money, I’m confident to say 90% property investors still in profit while 10% are losers (included wars torn property in Ukraine). It is unthinkable, maths is absolute, zero sum, obviously we got what we pay for, we pay for ponzi we get ponzi result.
285  Economy / Economics / Re: Can I take a loan to invest in bitcoin? on: February 05, 2023, 10:39:08 AM
That’s a sad reality people today are going to use loan for some bizarre purpose. The opportunity of bitcoin, I’m very certain there would be many opportunities where you could make some 1000x life changing profit in future, the reason is quite simple, history is always the same, and the goal is too the same, after all it’s all but human being creations, well nobody would listen to truth, lies coming out from the fake historian are too comfortable btw, and human cattle are easily to cheat.

Many call we are war monger, and investing into war, but that’s not true, we are just having to make choice, we don’t have much choice, when the govt decide to nuke everybody else comfort zone, we are as vulnerable as any commoner, but we take the risk and get out before the nuke strike us,

Edit:.
286  Economy / Economics / Re: Berkshire Hathaway was built atop a system that Bitcoin was created to destroy. on: February 05, 2023, 03:53:01 AM
I did called it was the guy who constantly believe on whatever internet has to spew non sense on them. Never once believe any  story from the internet. About Warren I don’t want to talk about him like a jerk, but I don’t believe on whatever he said too, to me most of the information he giving should be taken with a pinch of salt, to no believe it even if it made sense or logical, we had seen enough guy who vouch for his best philosophy on investing and get their lifesaving destroyed, I’m lucky to get to know it much earlier and grow suspicion on all his buzz, equal all of them to internet and not worth to believe on.
287  Economy / Economics / Re: Berkshire Hathaway's Charlie Munger Calls for Crypto Ban in the US on: February 02, 2023, 07:21:37 PM
He failed to said a few points, after screwing up many guys of their lifesaving, punting into stock market mindlessly in the name of WB the life saviour and his famous books teaching guy to fish, over the last 50 years since 1971. He finally wish "crypto have never been invented." Also he failed to said stock market is not investment into nothing, crypto is the bad. He also failed to said stock is not a gambling contract with nearly 100% edge for the house, crypto is the bad. He also failed to said he wish all the young guy would never realise many lies he failed to said. He also failed to said he wish all of them fall into his trap. He also failed to said he fear of not able to be the house with nearly 100% edge in crypto market. He also failed to say his comfort zone is Berkshire where he is the house with near 100% edge in stock market. Is he the hypocrisy? Is he the narcissist?
288  Economy / Economics / Re: Is renting an inevitable waste of money? on: January 25, 2023, 10:18:59 AM
Let’s say
Rent car is better or buy car is better? If you rent car you won’t own the car after you had paid x amount.
If I have a choice between paying for a wife and paying for a surrogate for it, I did choose the latter which is cheaper yet I would still get the same result I want, yes... if you get what I mean, you want your own kids but you don’t want to pay full price and own a wife also come with baggage, food for thought

Btw it is unhearded of even today for something like cars to get a massive price cut the like the one on 2008 house price crash and loan rate crashes. You won’t be possible to buy a car at a super discount price also super discount loan rate because the car cartel would never allow their cars to be sold at heavy loss and bank never allow auto loan to be low interest rate even in 2008, in new unused condition. So it’s very reasonable either owning car or renting car is too a waste of money. Can it be said with paying a wife or paying a surrogate? Both come with very price and endless legal price to pay, it’s either you pay the lawyers or you pay for child support both of them won’t come cheap.
289  Economy / Economics / Re: Is renting an inevitable waste of money? on: January 25, 2023, 08:46:12 AM
Tbh, owning a house is conventionally not a good investment for a long time ago. But there is one exception, the 2008 was the time house price and loan rate is getting so depressed it’s stupidly "very profitable" to buy house to get rich, it’s unheard of in the entire history of humanity, because many people has to agree a lot of homeowner who survive the 2008 crisis basically achieve financial freedom and officially retired from the rat race permanently! All of them has GMI(going made it in life) after the crashes, while renter and stock investor loss everything, it’s all the very America thing that screw up everything. But this miracle come only every 1000 years I believe, can you expect another miracle of house crisis in the next few years? Nobody know. But with interest rate picking up and every item price soaring, we are witnessing against the pre-2008 market condition again, the mystery of 2008 is still a confusing puzzle even to this day.
290  Economy / Economics / Re: Is renting an inevitable waste of money? on: January 25, 2023, 07:57:07 AM
Let’s say
Rent car is better or buy car is better? If you rent car you won’t own the car after you had paid x amount.
If I have a choice between paying for a wife and paying for a surrogate for it, I did choose the latter which is cheaper yet I would still get the same result I want, yes... if you get what I mean, you want your own kids but you don’t want to pay full price and own a wife also come with baggage, food for thought
291  Economy / Economics / Re: Fiat and crypto and stock is bs, but property is real on: January 23, 2023, 03:33:32 AM
... buy a bitcoin... 10 years... my coins are still there...calculate insurance maintenance... see the ...(lack) of housing...

Let’s not be picky, so you want to argue the underlying cost is high, also the coin is still there, sure property also never goes away it’s just immovable. About the underlying cost, what’s there to say, does it mean the POW itself on the bitcoin protocol have no underlying cost? I’m not sure how to calculate the cost, but I can tell the POW itself is highly cost intensive!

Now what again. You want to say the coin has value and make you a net (positive) income, after minus the underlying cost, it all depend too, when you buy it at very low price, I have no doubt about the big income you could enjoy, I can’t say much when you are buying high and expecting you wouldn’t goes down like ftx or mt. Gox, or Michael Saylor and the likes, a ponzi that’s dangerous to inexperienced and non financial savvy tech savvy, idk it sound to me like a heavy mental gymnastics at best and it lead to no where, a losing endeavour to think further, I would assume there isn’t money to be made in bitcoin, I know some guy tell me they bought a super car with bitcoin profit, that’s they have made it I’m not him I can’t copy what he did, I’m also not Warren Buffett or Elon Musk or Steve Jobs or any superhuman alike, I can’t copy what they did, but why should I be brother by impressing them at all, it sound like a trap and actually lead to the Newton Isaac tragic at best.
After some ten or so years, what’s about the guy who bought super car with bitcoin again, after ten years are they still relevant? I don’t think so. What’s about the bitcoin after the ten years or so, may be become another satoshi again, but what’s the point then? Well the only appeal to me is I can be the house in this ponzi, because being the house give me a upper hand on being the favourable position, with bitcoin I’m the absolutely house in this cruel world, with stock I’m not the house but just a cattle to be slaughtered, so it’s naturally I would choose to be the house to avoid getting legally screwed my entire life. Of course many people can’t see the point of being their own house and mind their own everything which is puzzling.
292  Economy / Economics / Re: Fiat and crypto and stock is bs, but property is real on: January 23, 2023, 02:35:50 AM
...squatters, vandalism, damage, leaks. governments can seize homes. Tax homes...

I like this thoughts tbh, your assumption on government being a counterparty risk, also risk of getting vandalism by third party. The latter is the less of the concern as they’re easy to deal with, gun could make them leave easy. Well government seizure might be one nasty risk to deal with, it goes the same with gold too where government can seize it, is the bitcoin really in-confiscate-able as you though it to be? Government can’t seize the bitcoin? Could the internet seize the bitcoin? Or could the computer itself seize the bitcoin? When I think again, to run bitcoin, it require a computer an internet, electricity, and working mining software, well tbh all of them are counterparty risk too, but you might say human are greater risk than anything else mentioned above, I have no doubt about it, yet all of them are invented by human itself, so does it mean it’s less riskier? Not really true, I would insist on my belief, property despite having a single point of failure of possibly government seizure, same to the gold easily seizure-able, it’s still a very sound "safe haven", it would require some world wars for both gold and property seizure to take place which is what everybody else hoping for, remember gold seizure act of 1933 May 1, it’s a civil wars... btw bitcoin is still untested whether it could survive a world wars and seizure since there isn’t Third World Wars yet, and it was invented after the world wars one and world wars two, also the civil wars, I highly doubt bitcoin could survive the Third World Wars, don’t quote me on this you can argue to death how bitcoin can survive the wars, because it’s decentralised blah, it’s very much untested since it is just existed for ten years, some guy are already very confident it’s very rugged very strong and totally immune to all counterparty risk. Well there is no doubt the price of bitcoin is soaring to a point, it’s simply absurd and mind totally blown out of the planet, let’s see again what is the question again, so...

Property can be seized, bitcoin can’t be seized, I would say, this is pretty much untested. I know manny guys call bitcoin is better and not seizable, well, it’s their thought, there seem to be some truth on it, but to make bitcoin not seize-able, you would still need to make sure it is not 51% attack proof,  may be not so much when world wars took place and many miners are broken and many computer are non functional, and when internet is broken, that would be the moment it would become much easier to 51% attack on bitcoin, well a wishful thinking?
293  Economy / Economics / Re: Fiat and crypto and stock is bs, but property is real on: January 22, 2023, 05:31:10 AM
...there are plenty of successful investors who made a lot of money... I would never sell all my stock... average return of stock over the last 20 years.. property is much risky...

Sure, I also believe a lot of people are living happy ending life, there is no bs they goes to school they get good grade and they married to perfect 10/10 wife, have perfect 10/10 child with one boy and one girl, and they got a high paying jobs and benefit, they also buy very big house, everyday they come home from work and greet their little kids with happy on the face... very important here, I must highlight this again and again also they all make money on stock market, what? You loss money? Not all guy loss money look at me I make money from it! You should look at my happy ending and get impressed!!! they all having happy ending life, they’re all normal, happy ending, also they think house is risky, also they’re impressive to all girl and to all the house, also they take an excessive amount of loan and get into the gambling and never get screwed and happy ending, they even beat house in the casino in Las Vegas, they even beat the Warren Buffett and earn the reputation and become the richest man, they also have happy ending and beat the Bull Gates and Steve Jobs and happy ending, they also happy ending forever, everything fine and good, happy ending ok rich get richer poor get poorer, status quo on happy ending, Newton Isaac happy ending never loss on south sea bubble but earn the happy ending full of his descendants. Smiley
294  Economy / Economics / Re: Fiat and crypto and stock is bs, but property is real on: January 21, 2023, 12:05:11 AM
Heh, I know exactly what crypto is, I don’t care what your perception on it, I have my own set of belief that’s totally contradicting with your belief. I don’t force you to believe on what I would tell you, you can choose to ignore it at your convenience.

In short crypto is the same as "selling over priced goods, it’s same as luxury bags you can bought on the antique shop." But the interesting observation is that some guy believe it’s a vehicle to make quickly money because the price goes up and they can make profit, they blindly think they can make money without selling anything, (pump and dump crypto is not selling anything!! dude). And the guy even goes as far as lessoning you on the price goes up because it has value on it, not worthless, not a scam, and you can’t prove them wrong, lmao that’s so interesting and delusional.

I would rather not make any prejudice with this guy, but I would explain in depth of my own understanding about crypto... to see the full picture on how and why crypto have the price it have today, and it’s very important! Knowing the why it is very important to see through the full picture! despite knowing all the why and how, I would still wouldn’t buy any amount of it, Warren Buffett vibes on wouldn’t pay $15 for all bitcoin lol, it’s sound like easy money isn’t it? then it must definitely is a trap!!

How did crypto get to the price today? You said it’s a manipulation and nobody is paying for the price to be this high? Non sense! That’s very sophisticated process, which make the good use of what AI robot can do. You said AI robot is useless and an obsolete technology on birth, but today you will see we have put a good use of AI robot to make money, rolf, just to prove you wrong. The market maker are using AI robot to make buy and sell the crypto to themselves (aka the insider trading), they do not loss money or make money on buy and sell to themselves, but they successful in making the crypto price to massively move to a certain direction, up or down!

"The market market buy and sell among themselves, they do not earn or loss money, but the price of  their crypto fly through the roof!!! Other greedy guy see the price and jump into it to FOMO buy, only to end up losing money."

"I have an Apple, I buy the Apple from myself at $1, later I sell the Apple again to myself at $1.2, and set a price tag to $1.4, next I buy the Apple from myself again for $1.4, and sell again the Apple to myself for $2, the Apple now has a price tag of $2, so how much did I earn from the trade? When I buy and sell the Apple among myself, I made exactly zero profit, but the price of Apple increased to $2 from $1"

...apply the same logic into the crypto market and... voila...an insider trading is achieved, the price of crypto soar very high...

Yeah, it sound like I’m making some very impossible assumption. "How can market maker succeed into buy and sell among themselves? when there is thousands of buy order book from other retail, market maker has to buy up every one of them before reaching theirs order, that make zero sense, they’re impossible to buy and sell among themselves to pull off insider trading!!" Well it clearly is sounding very impossible, that’s very hard but when AI robot added into the picture, it can make some very interesting changes, many people refuse to believe AI robot are highly useful to manipulate the crypto price to help market maker make money! That’s cringe! But here, I talk a lot of non sense to you, what’s the point, so how exactly AI robot can do it!? To make money!? For market maker!? That’s full of shit! Just tell me the answer already! I don’t have the time to read all your bs and all the ranting!
Sure why not!? AI robot work on crypto market that’s also all due to greedy guy has totally no idea how it work, they paid the price for being greedy and not understand how AI robot work on trading, while the market maker make money. AI robot although is stupidly useless by many common folk, yet it’s extremely godsend to the computer geek, they wrote code for the AI robot to be so good it read the price order every millisecond, everyday nonstop reading, they wait for the existing price order to get filled from the price order book, before they began the buying their own sell order, yup that sound like a joke...buying your own sell order you said?lolz? AI robot is very good for boring repetitive task like this, they wait for the sell order placed by another guy to get filled, as soon as that happens the AI robot quickly grab the opportunity and buy their own sell order which is just queued next to it immediately, when the AI robot buy his own sell order, they do not earn or loss money yet they successful in pumping the crypto price through the roof, of course it take time to wait for the opportunity, that’s also why AI robot are waiting day after day just to get to manipulate the price, sure it’s not easy, human trader is simply unable to pull this off as they required sleep, many guy simply give up, time is money! That make sense even for AI robot! So you ask, how does knowing all of this help you to make money again? When the time is good, AI robot success in buy their own sell order while pump the price though the roof, greedy guy who check the price frequently get panic and FOMO into buying the crypto in hope to make money, the AI robot then, quickly dump the bag into the greedy guy and exit the market! This practice has been used on stock market for years, and they’re proven working mechanisms, also property developer buying and selling new launched property among themselves just like what blackrock did. while a lot of greedy crackhead traders stupidly think only price goes up they can get in and make some killing money while not knowing they get manipulated into FOMO! That’s so funny rolf. Make money first! Contribute to the society?! Invest in good company and benefit?! Rolf! Idiot believe in actually helping shape the world by investing. We all just care about make money, not care about helping anyone else! They pay for my lunch money rolf!

Should you care about crypto market and the high price tag it has on your pc screen? Well I do encourage you to completely ignore it for your own well being, there is generally nothing you can obtain from getting yourselves involved. But but but, ethereum price is very high, I can’t ignore it, I want to make money badly out of it, the price would soar and I made money... that’s quite naive seriously,  the high price of ethereum is the direct result of many AI robot buy and sell among themselves, none of the AI robot made money when the price soar through the roof since all of them buy their own sell order, when you as a human trader FOMO into the price movement, expect yourselves to get dump on and loss money, making money out of it is a wishful thinking at best! Yeah they’re preying on you human trader to fall into this trap and make money out of you, human is just a delicious cattle to be slaughtered for profit, just with AI robot, very soon AI robot to rule the entire world while all this useless human one by one killing themselves! Make money out of what you said? Dead people become the profit for the AI robot!? That’s terrible! We can’t stop it, everybody die! This world is insane, we need to wipe out, too many bad actor... good luck on complaining to all the malpractice, there’s nothing you can do about it, you’re just a useless human being that’s also very helpless, can’t save yourselves also can’t save anyone else cringe! Just kys already rolf! But but but didn’t you said "selling over priced goods, it’s same as luxury bags you can bought on the antique shop.", how does all of this related??? I’m confused! When you connect all the dots together, AI robot... FOMO... human trader... insider trading..buying to yourselves selling to yourselves...acting drama like a tv drama...contribute to world... yup, all of them added up and you can come to a final conclusion, they’re all bs and manipulation and selling useless goods at high price tag and it’s legal by laws, people are buying it for no reason... also it’s not illegal...not a ponzi...not even investing for helping the world lolz! Just garbage and all trash, fake dream and goal, scam!
295  Economy / Economics / Re: Fiat and crypto and stock is bs, but property is real on: January 18, 2023, 02:21:27 PM
...we still have some time for the market to commence a bull...

There isn’t much to say what’s to come next, I’m not a traveller or prophet, none of them can be regard as truth. Btw the time is today market is absolutely savage and guy today are insane and brutal, I know a lot of guys has move from stock market to crypto en mass, they’re expert traders, they wouldn’t have any mercy on taking your money on any given chance, I can sense the crypto market is now a full blown stock market with all sort of savage and scammer and unreasonable guy, I just wish guy to be careful when they having FOMO on the instant price movement, you wouldn’t know they’re behind 101 hft trading robot(s) that would liquidate any of your open cut loss orders to take your money, I know exactly how nasty is the stock market today that’s completely money grab and blood thirsty and all, none of the FOMO would give you a chance to make some profit, you would be lucky to FOMO into it and quit the trades totally unharmed, survival of the fittest! the target price I provide here is just to give some guidance to what you can expect within the year or month btc price could move, if the price move a lot more than normal, going absolutely parabolic and turning you into going FOMO, check the price with my price and think again whether you’re fine to going FOMO in and loss your money.

I have loss quite a few friends who kill themselves on the subprime property crashes, also stock market crashes, some are also depressed or on life support. I’m glad to be the few survivors on this savage world. I don’t know about who you’re but I wouldn’t shy on giving some life saving tips any time to anyone.

As always food is still number one priority in life, missing out on some trades is fine, but without food and you could starving to dead, you wouldn’t going to have the energy left to make the next trades. Some trader might starve to died, that’s what to be expected, satoshi even acknowledge loss bitcoin make everyone else bitcoin slightly valuable, the dead guy can no longer sell their bitcoin thus enrich us by a little.
296  Economy / Economics / Re: Fiat and crypto and stock is bs, but property is real on: January 18, 2023, 09:26:21 AM
Some info on gold price and market cap
Total unearthed gold is 2.5b ounces.
2.5 billion ounces is $2.93trillion at $1172
2.5b ounces is $4.5trillion at $1800
2.5b ounces is $5.18trillion at $2072(ATH)

Some info on btc price and market cap
21m btc by $68k is $1.4trillion
21m btc by $100k is $2.1trillion
21m btc by $200k is $4.2trillion
21m btc by $245k is $5.18trillion

Some important non financial advices
You sell gold, you are the house
Bank sell paper gold, bank are the house
You sell bitcoin, you are the house
Elon sell Tesla, Elon is the house
Business sell share, business is the house
House always win, you can’t beat the house in a casino also irl. Don’t want to kill yourselves? Don’t take excessive loan to impress(express) girl or try to beat the house in the casino, don’t let emotions get the best out of you. Nobody care if you dead tomorrow by kys, it mean no value loss to anyone, if you kys due to Tesla pump and dump, Elon have the last laugh to the bank while you end up kys. Smiley
297  Economy / Economics / Re: Fiat and crypto and stock is bs, but property is real on: January 17, 2023, 12:48:37 PM
...add the fact that this wasn’t even the first time someone made a total acquisition of a public company lmao...

Oh well. Fine. I would just want to ask one very simple question, after you have spent and loss more than a few trillions of hard earned money on the stock market, what did you get in the end? After spending trillions to try to OWN the business, what did you get in the end? What’s inside your stock portfolio right now, just empty and nothing to see?

Let’s me answer for you, you get nothing. And you also don’t know why you didn’t get anything because you get couldn’t for some reason, because the regulator, the banker, the boss, the laws maker, all of them team up and trying to make you silence yourselves!!!

But all the talk is on Elon Musk acquire a business to show you he is indeed get a business!! What give, Elon spend just $30billions to acquire business successfully, yet you spend trillions and you get nothing in the end? I smell a lot of foul play here!! Elon Musk is not only born rich, he is also born privilege to OWN the business of the twitter!! The SEC and the GOVT team up and grant HIM, yup they grant him the privilege to OWN the twitter business even for as little as $30billion, which he doesn’t pay it in cash too(read the news for the lolz), I don’t know what BS he is pulling, that he is more privilege and born rich than all investors to OWN the twitter business.

Yup, it’s all but he was grant the right to own the business but you are not getting the grant, you would never own the business you would eat the bug and own nothing after spending a few trillions on it.

Yup! you are not Elon Musk you can’t copy and do whatever he can do. You can’t duplicate what Elon Musk success in acquiring twitter no matter how hard you try.

I know all the talk of Warren Buffett is greatest and oracle of the Omaha and all. Made billions investing in stock market! But you are not Warren Buffett, you can’t copy and do success what he did in life!

Born rich and be the house? Also born privilege? Now with born with a lot of stock option and business? I smell endless bs here. My convincing enough? Sure I know man are just too dumb there is no enough of talk is able to change their stubbornness. And god is behind all this bullshit too since god design man to be such an idiot.
298  Economy / Economics / Re: Fiat and crypto and stock is bs, but property is real on: January 17, 2023, 08:08:27 AM
My humble projected btc price prediction based on historic data.

2009jan 0
2010 no data
2011feb 0.3 2011dec 5.27 (bull)
2012jan 5.27 2012dec 13.3 (bull)
2013jan 13.3 2013dec 600 (bull)
2014jan 770 2014dec 314 (bear)
2015jan 152 2015dec 434 (bull)
2016jan 382 2016dec 790(bull)
2017jan 998 2017dec 19783 (bull)
2018jan 9052 2018dec 3242 (bear)
2019jan 3747 2019dec 7600 (bull)
2020jan 7400 2020dec 23k (bull)
2021jan 32k 2021dec 68k (bull)
2022jan 32k 2022dec 17k (bear)
2023jan 17k 2023dec 34k (bull)
2024jan 34k 2024dec 68k (bull)
2025jan 68k 2025dec 100k (bull. yay! finally stock2f materialised)
2026jan 60k 2026dec 46k (bear)
2027jan 32k 2027dec 48k (bull)
...

Notes
1There is no exchange data prior to 2014 where cmc was found. It was composed based on random available sources.
2I also assume bitcoin would never possible to exceed the gold total market value by any given time, also assume diminishing reward which mean the bigger the price the lower the reward. For example $152 to $19783 is 130x reward, while $3747 to $68k is 18x reward, which is much smaller. I also assume $17k to $100k for 7x potential reward and it’s also very conservative.
3Also the gold price never make new ATH for the last ten years, which spell a precedent that gold price might set to be at the pinnacle where no institutional can afford it no more.
4evidently, bitcoin suffer one year bear and took another two years to recover to former ATH again, 2013dec 600 took two more years bull for it to return to 2016dec 790, 2017dec 19783 took two years bull to return to 2020dec 23k again, it’s safe to assume 2021dec 68k would take two years bull too for returning to 2024dec 68k again. Take it as reference and not financial advice only.
299  Economy / Economics / Re: Fiat and crypto and stock is bs, but property is real on: January 09, 2023, 02:05:35 PM
...fiat maybe bs but you need it in other to be able to buy your desired property...

Tbh I wasn’t expecting a history to repeat itself, after all the noise going on in each family today, I couldn’t stop thinking, it’s exactly the same history once again, there is just too much coincidences, that is foolish to ignore them completely, the history are revolving around fiat too, there is Parexel (googl it) and vaccine in 2007 before the subprime crashes, then there is covid and vaccine in 2020 before the crashes, but when would be the next crashes idk. The world is running low on food, there is no enough food for two guy, one guy of the two has to die, while one other guy survive. Govt take the 96% food from you through inflation, you have to live with the remaining 4%... complete bs... you’re wondering why are guy migrating en mass, become social influencer, doing live-stream, refusing to get a working job. Many zoomer are going freakout over the foul play. The “hard-asset rich” joke that’s once asserted by kiyosaki a decade ago has become even more prevalent today, asset rich to 99% common folks but zero cash, and yet bank has too much money and stocks today, perfectly spot on prophecy, a malfunctioning economy, which economist said is designed (JFL) to save the poverty, I wonder how would the imposters who attack him feel now, they’re writing blog all over the internet and call him scammer by the name, absolutely ironic.

...to Gen Z, will have a lot harder time to acquiring their own house..

Many people failed to realise, not only house, food is also getting a lot harder to acquire, yeah, the true nightmare is ahead, it’s not a joke btw, cutting you out from house and food access, forcing you into less food and homeless. Ironically everybody focus seem to be on the house alone, it make me wonder whether the banking giant are behind the status quo, property has always been receiving countless media attack since the 2008 crisis, many are deceitful catchphrase, but never once mainstream news attack on the food price. As the memes goes “you would own nothing and eat the bug and be happy.” Hard to acquire food? just eat the bug, hard to acquire house? just own nothing.
300  Economy / Economics / Re: Fiat and crypto and stock is bs, but property is real on: January 08, 2023, 02:22:19 PM
Let’s observe some of the WB famous quote

But why? Why I need to do it? Isn’t it a waste of time? Why don’t get a job to work and contribute? Why must go against everything in life?
This guy WB is full of ill intention, I do not like him one bit so I decide to begin to observe some of his best quotes to see why he choose it, and what motivate him to have a mindset of such famous quote. His quote can be easily found all over the social site, on FB, IG, and the like, shared and likes by many friends, friend of friends, even boss would recommend this quotes to his slave occasionally. As the saying goes, “Be careful to what advice you get in life.”

First,
“if you made mistake, pay the tuition fee.”
This advice sound just like what you get in school, if you break the traffic rule, you pay the traffic fine. If you break rule in office, reduce salary. But why would you need to pay the fine for making mistakes? It make wageslave afraid of making mistake in life, it also make kids today afraid of making mistakes in school, they would do everything ridiculous just to avoid making mistake, to avoid paying fine. He is basically training you to be perfect wageslave, it benefit him the most for giving you such irresponsible advice, because he is running the stock market, that’s his business empire, he happily giving advice which make his business(crime in fact) grow bigger, while impoverished the reader.


“Do not loss money (in the stock market), do not forget rule number 1.”
This advice sound totally legit, keep playing the stock market, he do not want you to quit, this is the advice he would happily give you, and he is the house of this stock market, if you quit with a bag of profit he is losing money and also a customer. Advising you to not lose money, and keep playing is very sound advice that benefit him and his casino the most since he is the house. It’s also number one advice that is readily accepted by unscrupulous investor, since they’re too familiar with this advice, the school has been teaching kids to not make mistake for decades, to keep winning and never allowed to failed, sound like a harmless advice at first glance, yet it’s also the number one advice that resulting in heavy gambler commit suicide over the heavy loss they made in casino, Newton Isaac is very wonderful example which he is never loss in school and also made the greatest mistake in life. He is also unable to understand why stock market is same as casino gambling, which is not a dice game or poker game but a brand new number game... and unconsciously fall into heavy gambling addiction on stock market.

There is many more WB quote, but many of them are looking perfectly fine and I can’t see through what’s his ill intention behind the advice, just yet, it’s not easy as he is quite a heavyweight mental gymnastics medalist. I strongly believe he choose them carefully and all of them are ill intended.

But why are this happening? Why is decent guy like Newton Isaac has to die? Why the bad actor do not die, but create one upon yet another trap, to fool unscrupulous decent nice guy, steal their money, and force them to commit suicide with heavy debt with legalised high interest rate, for making mistake in life?

Yeah, this all has to happen, because it’s part of the survival of the fittest. Laws of nature, you want to live another day, you must compete with another man for the same food, one guy has to die as the food is not enough for two guy. Two guy has to compete for the same amount of money, not enough money for two guy, one guy has to die, nice and decent guy dying is absolutely the perfect result of survival of the fittest. How and why and what?
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