BITCOIN

[q6543]

@CompOrange04GT
The market LOVES a story... and HATES when it's confronted by hardline quantifiable numbers.

That's why rivian was pushed, and why tesla out performed F and GM... until recently... when they finally started making a profit... and could be quantified.

Now when reality has hit you get last year with Ford out performing Tesla.

Stories run higher multiples than reality... invest in the story for big gains.

 

[cobracide]

@CompOrange04GT
The market LOVES a story... and HATES when it's confronted by hardline quantifiable numbers.

That's why rivian was pushed, and why tesla out performed F and GM... until recently... when they finally started making a profit... and could be quantified.

Now when reality has hit you get last year with Ford out performing Tesla.

Stories run higher multiples than reality... invest in the story for big gains.

Tesla cannot be quantified yet. They developed their electronics around the chip shortage. Meanwhile, Ford lots are empty. Tesla the only car company with huge amounts of self-driving real time data they are continually developing on. Also, they are the only car company with their own supercomputer. Leaps and bounds ahead of the competition. Last year was a fluke, Graph F and TSLA out to two years and see how that maps out. Ford's EV solutions are not really that great comparatively. Ford's "story" is really over, F is up on the mere fact they can actually produce an EV. Tesla's story is still just beginning. In the end, Ford will always be a car company and Tesla will be much more of a technology company.

 

[q6543]

2 years ago was before tesla put a profit to paper. That's my point.

Anyhow... dropped a stack on this crypto bloodbath. I've honed down to.
1. Bitcoin
2. Ethereum
3. Solana
4. Cardano
5. Polka dot
6. Avalanche
7. Terra luna

 

[CompOrange04GT]

Tesla cannot be quantified yet. They developed their electronics around the chip shortage. Meanwhile, Ford lots are empty. Tesla the only car company with huge amounts of self-driving real time data they are continually developing on. Also, they are the only car company with their own supercomputer. Leaps and bounds ahead of the competition. Last year was a fluke, Graph F and TSLA out to two years and see how that maps out. Ford's EV solutions are not really that great comparatively. Ford's "story" is really over, F is up on the mere fact they can actually produce an EV. Tesla's story is still just beginning. In the end, Ford will always be a car company and Tesla will be much more of a technology company.

Cenntro has their own chip technology and 100% IP ownership of the Ichassis system and chip and autonomous driving app.

It’s literally a full computer system on a chip.

 

[cobracide]

2 years ago was before tesla put a profit to paper. That's my point.

Anyhow... dropped a stack on this crypto bloodbath. I've honed down to.
1. Bitcoin
2. Ethereum
3. Solana
4. Cardano
5. Polka dot
6. Avalanche
7. Terra luna

Just because a company turns a profit on BTC and EV credits does not mean it's "quantified".

Good call on the Crypto, but I think it will go down more before it comes back up. Avalanche is interesting, but the way taxes have made trading a complex nightmare, staying 99.9% BTC and .1% Eth.

 

[cobracide]

Cenntro has their own chip technology and 100% IP ownership of the Ichassis system and chip and autonomous driving app.

It’s literally a full computer system on a chip.

If it's as good as you say it is, you have nothing to worry about then, do you? Have confidence in your investments.

 

[CompOrange04GT]

If it's as good as you say it is, you have nothing to worry about then, do you? Have confidence in your investments.

Oh I’m confident. I’m just validating hahahah

 

[cobracide]

Oh I’m confident. I’m just validating hahahah

Good luck with that,

 

[L8APEX]

Crypto's current dump is tied to Kazakhstan, as they were ~#3 in the world in mining bitcoin behind The US then China (until China banned it). Now with no internet they can't mine, and it much like when China stopped mining, and all the crypto currencies took a hit in July, but the global rate recovered by December.

 

[cobracide]

Mining hash rate is independent of bitcoin price.

 

[Weather Man]

Crypto's current dump is tied to Kazakhstan, as they were ~#3 in the world in mining bitcoin behind The US then China (until China banned it). Now with no internet they can't mine, and it much like when China stopped mining, and all the crypto currencies took a hit in July, but the global rate recovered by December.

If less crypto is being mined, you would think the price would increase.

 

[cobracide]

If less crypto is being mined, you would think the price would increase.

Bitcoin difficulty self-adjusts to ensure a constant rate of bitcoin mined no matter what the hashrate is.

 

[L8APEX]

Mining hash rate is independent of bitcoin price.

If less crypto is being mined, you would think the price would increase.

Both correct, but it has a psychological effect that heavily influences average "day traders" and people who have bought in, usually with the stimulus checks as it seems to "always go up."
People will buy in as it tends to keep moving upward, but any instability in a cryptocurrency gets these people to sell quick, thinking that the money they invested could soon all disappear as crypto is still new and not completely understood.

China for example said they banned crypto because of environmental concerns as someone calculated the amount of electricity required to support bitcoin alone annually was more than most medium sized european countries use in a year. Truth is they are working on their own ccp cryptocurrency, and the environmental angle gets them a few brownie points with the west.

Problem is it's treated as a high risk investment and as these people sell, the price dips further and others start to sell before it drops below the price they bought in, often people have it set to automatically sell a stock or crypto if it drops below a certain price and it cascades.
So far it eventually finds a bottom and people start buying it while it's cheap and it shoots up again as confidence is restored.

As mentioned the difficulty adjusts so part time miners in the rest of the world will jump on this chance to mine bitcoin, and get a chance to get their GPU to pay for themselves quicker.

 

[Weather Man]

Both correct, but it has a psychological effect that heavily influences average "day traders" and people who have bought in, usually with the stimulus checks as it seems to "always go up."
People will buy in as it tends to keep moving upward, but any instability in a cryptocurrency gets these people to sell quick, thinking that the money they invested could soon all disappear as crypto is still new and not completely understood.

China for example said they banned crypto because of environmental concerns as someone calculated the amount of electricity required to support bitcoin alone annually was more than most medium sized european countries use in a year. Truth is they are working on their own ccp cryptocurrency, and the environmental angle gets them a few brownie points with the west.

Problem is it's treated as a high risk investment and as these people sell, the price dips further and others start to sell before it drops below the price they bought in, often people have it set to automatically sell a stock or crypto if it drops below a certain price and it cascades.
So far it eventually finds a bottom and people start buying it while it's cheap and it shoots up again as confidence is restored.

As mentioned the difficulty adjusts so part time miners in the rest of the world will jump on this chance to mine bitcoin, and get a chance to get their GPU to pay for themselves quicker.

Some wishful thinking there. More likely it is reacting to the Fed tightening. By the way, it IS a highly risky investment.

The whales that bought early are in a bit of a pickle. I don't think they could exit their position even if they thought it was in their best interest not to hodl.

 

[VRYALT3R3D]

Cenntro has their own chip technology and 100% IP ownership of the Ichassis system and chip and autonomous driving app.

It’s literally a full computer system on a chip.

Nothing Cenntro is doing is cutting-edge. The Tier 1 automotive chip suppliers already offer that technology(Qualcomm, Renesas, ON semi, etc) to OEMs like Ford and Rivian, among many others. Cenntro does not manufacturer it's chips so they are getting it from somewhere. And lol wow an app, so impressive. That is SO ground-breaking. This is a company that is not going to go anywhere. It is just a glorified SPAC

Now, companies like Tesla are disruptors that reinvented the auto business and challenged the flawed business models of traditional OEMs. Tesla is unconventional, in that it does direct sales to consumers and its able to augment revenue with related products and services, which leads to higher margins. Tesla doesn't need massive investment and capital intensity.

 

[CompOrange04GT]

Nothing Cenntro is doing is cutting-edge. The Tier 1 automotive chip suppliers already offer that technology(Qualcomm, Renesas, ON semi, etc) to OEMs like Ford and Rivian, among many others. Cenntro does not manufacturer it's chips so they are getting it from somewhere. And lol wow an app, so impressive. That is SO ground-breaking. This is a company that is not going to go anywhere. It is just a glorified SPAC

Now, companies like Tesla are disruptors that reinvented the auto business and challenged the flawed business models of traditional OEMs. Tesla is unconventional, in that it does direct sales to consumers and its able to augment revenue with related products and services, which leads to higher margins. Tesla doesn't need massive investment and capital intensity.

Cenntro sold more vehicles in December , than Rivian did in Q4…

Yet somehow Rivian has the value they do?

Cenntro manufactures its own Advanced system on Cib-2722 chip …. That is literally their main selling point during this shortage.

 

[Weather Man]

Nothing Cenntro is doing is cutting-edge. The Tier 1 automotive chip suppliers already offer that technology(Qualcomm, Renesas, ON semi, etc) to OEMs like Ford and Rivian, among many others. Cenntro does not manufacturer it's chips so they are getting it from somewhere. And lol wow an app, so impressive. That is SO ground-breaking. This is a company that is not going to go anywhere. It is just a glorified SPAC

Now, companies like Tesla are disruptors that reinvented the auto business and challenged the flawed business models of traditional OEMs. Tesla is unconventional, in that it does direct sales to consumers and its able to augment revenue with related products and services, which leads to higher margins. Tesla doesn't need massive investment and capital intensity.

Greenies bought Tesla because they were the only game in town and Tesla could get away with crap you wouldn't put up with anywhere else. As the mandates force EV's from all the traditional manufacturers, Tesla will become SAAB. Hell, just take Honda, who the hell would buy a Tesla when they could take a 10 minute trip to their LOCAL Honda dealership? Now multiply that across all the legacy makes. Only a Teslaite believes Tesla will hold onto any of their market share.

 

[VRYALT3R3D]

Cenntro manufactures its own Advanced system on Cib-2722 chip …. That is literally their main selling point during this shortage.

I highly doubt this. Where and what is the address of their semiconductor fab plant?

 

[quad]

Greenies bought Tesla because they were the only game in town and Tesla could get away with crap you wouldn't put up with anywhere else. As the mandates force EV's from all the traditional manufacturers, Tesla will become SAAB. Hell, just take Honda, who the hell would buy a Tesla when they could take a 10 minute trip to their LOCAL Honda dealership? Now multiply that across all the legacy makes. Only a Teslaite believes Tesla will hold onto any of their market share.

Tesla has been written off many times. None of these other manufacturers have a car that can compete with the Plaid - yet. A recent update just unlocked the Plaid to a speed of 175 mph. The track package will be released also. Curious to see what times they run @ Nürburgring eventually. Besides the yet to be released very limted production and $2.3 million Rimac Nevera the Tesla Plaid is the quickest car (ICE or EV) in history and the 1/4 time does not lie. Numerous Plaids have consistently run the 1/4 mile in the low 9 seconds.

Hate Tesla all you want but they proved the established auto makers wrong. They also don't waste money on fancy ads and would rather put that money in to making better cars.

Finally Musk has been attacked or shunned by politicians (Warren, Sanders, Xiden etc.) that we all despise on this forum. That tells you that he is probably on the right side of history.

Elon Musk keeps picking Twitter fights with Democrats who want to slash the wealth amassed by the top 1%

Efforts to tax billionaires are on life support in the Senate and have even faced resistance from top Democrats like House Speaker Nancy Pelosi.

www.businessinsider.com

Tesla's Elon Musk calling coronavirus lockdowns 'fascist' overshadows profitable quarter

Tesla Inc's <TSLA.O> outspoken CEO Elon Musk on Wednesday called sweeping U.S. stay-at-home restrictions to curtail the coronavirus outbreak "fascist" as the electric carmaker posted its third quarterly profit in a row.

www.reuters.com

 

[CompOrange04GT]

I highly doubt this. Where and what is the address of their semiconductor fab plant?

This link says “ developed by”

Cenntro Electric Group Unveils its iChassis Autonomous Driving Vehicle ...

Cenntro Electric Group Unveils its iChassis Autonomous Driving Vehicle ...

www.pr-inside.com