BITCOIN
- Thread starter Weather Man
- Start date
Musk is back to number 2 after Bezos went to first again. They'll be trading places back and forth I would imagine.
Tesla putting $1.5 billion in Bitcoin make sense as a hedge. They have so much money now that won't really hurt them if it went down much. I would not be surprised if more companies get in on this.
Billionaire investor Ron Baron calls Tesla's $1.5 billion Bitcoin purchase 'not surprising'
Nice bump upwards again about an hour ago. I'm not seeing any "doom and gloom" pronouncements about Bitcoin going to zero.
I wonder if he is planning on using the bitcoin angle for china sales. Its a lot easier to do business in china than it is to get money out of china. Chinese government would have an almost impossible time stopping moneyflow out by Musk with bitcoin. Also for tax purposes, for a global company, this might be a brilliant move.
Finally Litecoin has gained some momentum on it's own as well.
The WSJ has an article about WallStreetBets and how they are currently talking about the Marijuana industry as the next GME. Tilray has the most mentions followed by Alphria because rumors are that they are going to merge, and then lastly Sundial with the 3rd most mentions. All 3 are up in today's trading, but wanted to let anyone know to maybe keep an eye on those.
All the data that came out showed WSB was minor in $GME there were multiple hedge funds that actually pushed the squeez and netted many 100s of millions of dollars.
W.S.B. was a convenient patsy, all that said.. i still bough a T shirt and Hoodie
W.S.B. was a convenient patsy, all that said.. i still bough a T shirt and Hoodie
Lmao. This is hilarious. So titans of wall street are now taking their cues from wsb while the other are losing their ass.
Oh I am not disagreeing, just find it funny that some WSB people were able to get some hedge funds to destroy some other hedge funds.
Tilray = $500
Alperia = $500
Sundial = $1000
Guess We'll See
I've got a good feeling about these ones. The fact that they are reporting on WSB had done is going to have people jumping at the opportunity to buy up stock in these companies so with everyone basically being on that bandwagon it could be a great opportunity.
Hope you’re right
Hope you’re right
I hope so too! Regardless, the cannabis industry has been a pretty solid investment and I know a few people who have made bank on it as states started to legalize it. The good thing is that since not all of the US has legalized it but are basically on the road to doing so, it guarantees there is major potential for growth.
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Dude..it's been hours and Sundial with the 1k has made me 250 bucks..haha
Are you using Robinhood? E-trade?
I setup an E-trade account but have not yet transferred funds.
I bought stocks in the company with Fidelity. I thought we got off track into stocks.
Yeah man, I just checked on it and I'm up $250 between the 3 of them already.
Winning....hope it’s a wild ride
Definitely excited to see where it goes.
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