Longhorn Lifer
| Favorite team: | Texas  |
| Location: | Deep in the heart of Texas |
| Biography: | |
| Interests: | |
| Occupation: | |
| Number of Posts: | 89 |
| Registered on: | 3/3/2022 |
| Online Status: | Not Online |
Recent Posts
Message
re: FB, SE, ROKU, SQ, PYPL
Posted by Longhorn Lifer on 3/7/22 at 8:46 pm
quote:
Yea… this is how I know you have no clue what you’re talking about.
I know that your beloved Facebook is down 50 percent from it's 52 week high . :rotflmao:
Enjoy your losses. My energy stocks are ripping ! :bwahaha: :bwahaha:
1
Why would anyone get married more than twice ?
Posted by Longhorn Lifer on 3/7/22 at 8:31 pm
You see people get married 3,4,5 times etc.
Considering the expense/hassle of weddings, divorces, splitting of assets, child support, alimony etc I just don't get it.
First one didn't work out, ok try again.
Second one didn't work out, ok maybe this marriage thing isn't for me.
Wasn't it Einstein that said "The definition of insanity is doing the same thing over and over again and expecting a different result"?
Considering the expense/hassle of weddings, divorces, splitting of assets, child support, alimony etc I just don't get it.
First one didn't work out, ok try again.
Second one didn't work out, ok maybe this marriage thing isn't for me.
Wasn't it Einstein that said "The definition of insanity is doing the same thing over and over again and expecting a different result"?
re: OT: Pick 1 RB in their prime
Posted by Longhorn Lifer on 3/7/22 at 8:24 pm
Earl Campbell
re: Band Recommendations for a Wedding?
Posted by Longhorn Lifer on 3/7/22 at 7:58 pm
Alimony
Child Support
Child Support
re: If you are confused about the utility of Bitcoin, I want to share this with you.
Posted by Longhorn Lifer on 3/7/22 at 7:29 pm
quote:
if you bought btc 2 years ago you would be up 4x today even after a 25% YTD haircut. somehow the same 2 year growth makes you an ignorant masses BTC cult kool-aid drinker, but you are braggy about your MRO. your entire argument is trash because it entirely depends on selecting timeframes arbitrarily and if the timeframe is shifted completely reverses your argument.
for example: if you bought btc/MRO 3 years ago you would be up 10x in BTC, while your MRO would be a paltry 30% gain. youd have missed out on 970% return by chosing MRO over BTC.
why didn't you buy BTC? Don't you get it?
You're an idiot.
I bought MRO 2 years ago,up 400 percent.
Why are you using examples of MRO vs Bitcoin 3 years ago?
You're an idiot.
You're getting killed while I am making bank.
re: If you are confused about the utility of Bitcoin, I want to share this with you.
Posted by Longhorn Lifer on 3/7/22 at 6:39 pm
quote:
the meaning of the post didn’t change so I’m not sure what you are trying to say
ignorant masses :lol:
re: Has a large-cap stock ever fallen faster than Facebook?
Posted by Longhorn Lifer on 3/7/22 at 6:35 pm
quote:
Holy shite! They are down to $187 today. Market cap of $510B. Bargain basement P/E of only 13.6.
It wasn't too long ago that FB was only $50-100B behind Google in market cap. Today Google is 3 times as large at $1.6T.
Probably the biggest market cap drop of all time.
re: If you are confused about the utility of Bitcoin, I want to share this with you.
Posted by Longhorn Lifer on 3/7/22 at 6:31 pm
quote:
[quote]frankly, once you know how the technology works and it’s value proposition; you don’t care what the ignorant masses think, you tend to admire the technology, the elegant engineering and game theory behind it, and what the network can do for humanity.
The adoption curve is trending positive, and as long as that remains true the value will come; and at present BTC presents an asymmetric upside compared to most other traditional investment vehicles and I’ll personally continue to dollar cost average into it in perpetuity.
quote:
frankly, once you know how the technology works and its value proposition; you don’t care what those who clearly haven’t done ten minutes of actual research into how the network functions think about the network or it’s intrinsic value. You tend to admire the technology, the elegant engineering and game theory behind it, and forecast what the network can do for humanity.
The adoption curve is trending positive, and as long as that remains true the value will come; and at present BTC presents an asymmetric upside compared to most other traditional investment vehicles and I’ll personally continue to dollar cost average into it in perpetuity.
Ross did a little clean up on his original post.
So if you don't invest in Bitcoin and lose 25 percent YTD then you are just part of the ignorant masses that don't get it.
My MRO that I bought 2 years ago is up 400 percent.
Why didn't you buy MRO? Don't you get it?
re: If you are confused about the utility of Bitcoin, I want to share this with you.
Posted by Longhorn Lifer on 3/7/22 at 5:55 pm
quote:
Just say you don’t like bitcoin because you just don’t
Go back to your crypto echo chamber.
You can all hold hands and tell each other how smart you are by losing 40 percent over the last few months.
Bitcoin Bros act like if people don't invest in crypto that it's because they don't get it.
Bitcoin isn't complicated.
People get it, they just choose to invest elsewhere.
It's just weird how Bitcoin Bros worship their Bitcoin no matter how much it drops.
Bitcoin could drop 99 percent and the Bitcoin Bros would be defending the honor of their Bitcoin.
re: FB, SE, ROKU, SQ, PYPL
Posted by Longhorn Lifer on 3/7/22 at 4:33 pm
quote:
I think FB is getting its arse kicked by Tiktok. Their ad revenues are also getting demolished because of Apples new policies regarding targeted ads. Most people typically browse Facebook on their phones so this is going to have a huge impact on them going forward.
Not to mention that they're hated by everyone on both political aisles. I'll be interested to see what they do with Meta because I love my Oculus, but that is yet to be seen how big of a market that becomes.
Hey, somebody here gets it.
Give than man a cigar.
re: FB, SE, ROKU, SQ, PYPL
Posted by Longhorn Lifer on 3/7/22 at 3:57 pm
quote:
slackster
You sound like the Bitcoin Bros trying to self sooth after losing 50 percent on your investment.
Whatever helps you get through the day.
re: FB, SE, ROKU, SQ, PYPL
Posted by Longhorn Lifer on 3/7/22 at 3:54 pm
Berkshire Hathaway owns $144 Billion of Apple stock.
By far their largest holding.
Berkshire Hathaway invests in quality companies with solid business models.
How much Facebook do they own? Zero.
By far their largest holding.
Berkshire Hathaway invests in quality companies with solid business models.
How much Facebook do they own? Zero.
re: FB, SE, ROKU, SQ, PYPL
Posted by Longhorn Lifer on 3/7/22 at 3:49 pm
quote:
Why are you so salty about FB?
Did you buy at $384?
ha.no.
I told people to sell when it was 380.
re: FB, SE, ROKU, SQ, PYPL
Posted by Longhorn Lifer on 3/7/22 at 3:45 pm
quote:
I’d rather buy FB
And you probably loved it when you bought it at 390, and all of the way down to 180.
re: If you are confused about the utility of Bitcoin, I want to share this with you.
Posted by Longhorn Lifer on 3/7/22 at 3:44 pm
quote:
Sounds like you prefer gambling to investing. I’m sure you nail every trade and are wealthy beyond belief by now…right?
Gambling on Berkshire Hathaway vs investing in Bitcoin :lol:
re: FB, SE, ROKU, SQ, PYPL
Posted by Longhorn Lifer on 3/7/22 at 3:43 pm
quote:
So Facebook with 62 product lines is less than Apple’s 27. Ok, gotcha!
Facebook has 62 product lines !
Golly, that's almost 1 product line for every percent that their stock is off its 52 week high !
Awesome
re: If you are confused about the utility of Bitcoin, I want to share this with you.
Posted by Longhorn Lifer on 3/7/22 at 3:17 pm
quote:
HAHAHAH this whole thread is bitcoin apologists.....
Exactly :lol:
re: If you are confused about the utility of Bitcoin, I want to share this with you.
Posted by Longhorn Lifer on 3/7/22 at 3:05 pm
quote:
You keep focusing on this like it means anything to bitcoiners. 99% of people investing in bitcoin aren't doing so for the short term gains. It is a long term hold
And if they sold near 67k they could buy back now and own almost twice as much bitcoin for the same amount of money.
Is that difficult to understand?
So if Bitcoin drops 90 percent are you going to pretend that you didn't screw up by not selling higher?
If I bought Berkshire Hathaway and it got cut in half I would be kicking myself for not selling higher and buying back cheaper, I wouldn't be spewing some self soothing nonsense pretending that I didn't screw up.
re: FB, SE, ROKU, SQ, PYPL
Posted by Longhorn Lifer on 3/7/22 at 2:59 pm
quote:
So FB is at the mercy of regulators and users getting bored with their product, but Apple isn’t? Sure.
Seriously?
Facebook is a one trick pony compared to Apple.
Apple makes money a million different ways.
Facebook is losing members.
Let me know when Apple users decide to give up their phones.
Facebook hit another 52 week low today, go throw more good money after bad.
re: Which one of you baws bought some wheat futures?
Posted by Longhorn Lifer on 3/7/22 at 1:58 pm
But according to the "Bitcoin Bro" thread everything is taking beating.
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