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Josh Lyman
May 24, 2009


Risky Bisquick posted:

Those are illegal is most provinces, only a few smaller provinces will allow private sellers outside of a government owned monopoly. Feel free to read https://openparliament.ca/bills/42-1/C-45/ for details of who can supply weed and how much red tape will be involved in the 'national cannabis tracking system'
Ah, so recreational marijuana basically just means a lot more customers for the existing suppliers? Time to load up???

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Risky Bisquick
Jan 18, 2008

PLEASE LET ME WRITE YOUR VICTIM IMPACT STATEMENT SO I CAN FURTHER DEMONSTRATE THE CALAMITY THAT IS OUR JUSTICE SYSTEM.



Buglord
Recreation means individuals can grow a couple plants and consume it themselves. Commercial production needs the MMPR license, and they have to wholesale to by and large government monopolies who sell to consumers. Go read the weedstocks reddit

Michael Transactions
Nov 11, 2013

Ycharts is great

Josh Lyman
May 24, 2009


Just lol https://www.financemagnates.com/cryptocurrency/news/bitfinex-liquidates-margin-orders-bottom-prices/

Solice Kirsk
Jun 1, 2004

.

It's a good thing mistakes like this are covered by the SEC and tha...........ooooooooooooohhhhhhhhh.

Harry
Jun 13, 2003

I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW
I think that's like the 3rd time that's happened.

Went big in SPX calls before thanksgiving. If the tax plan passes I'll see you guys on the moon.

Cheesemaster200
Feb 11, 2004

Guard of the Citadel

Harry posted:

I think that's like the 3rd time that's happened.

Went big in SPX calls before thanksgiving. If the tax plan passes I'll see you guys on the moon.

I have been assured by the people in this thread that the tax plan has no chance of passing.

Harry
Jun 13, 2003

I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

Cheesemaster200 posted:

I have been assured by the people in this thread that the tax plan has no chance of passing.

While not great, it's not complete garbage like the healthcare bill and the downsides for most people are much less tangible. Sucks for anyone in California or New York though.

Syrinxx
Mar 28, 2002

Death is whimsical today

Anyone know why WDC has poo poo the bed this week?

LLCoolJD
Dec 8, 2007

Musk threatens the inorganic promotion of left-wing ideology that had been taking place on the platform

Block me for being an unironic DeSantis fan, too!

Syrinxx posted:

Anyone know why WDC has poo poo the bed this week?

I thought I heard something about them having problems in China.

Edit: nvm, it was Japan. Probably doesn't account for everything, though. http://abcnews.go.com/Business/wireStory/japan-court-hears-toshiba-western-digital-fight-sale-51452178

LLCoolJD fucked around with this message at 00:43 on Dec 1, 2017

fougera
Apr 5, 2009

Syrinxx posted:

Anyone know why WDC has poo poo the bed this week?

Analyst making a call that NAND is approaching oversupply

ryanbruce
May 1, 2002

The "Dell Dude"

Harry posted:

While not great, it's not complete garbage like the healthcare bill and the downsides for most people are much less tangible. Sucks for anyone in California or New York though.

Or Oregon.

spf3million
Sep 27, 2007

hit 'em with the rhythm

Harry posted:

Sucks for anyone in California or New York though.
Just itemized deduction takers though, right?

Harry
Jun 13, 2003

I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

spf3million posted:

Just itemized deduction takers though, right?

I believe so yes.

baquerd
Jul 2, 2007

by FactsAreUseless
I used to be able to make a simple html table referencing google finance like this: <td><img src="https://www.google.com/finance/getchart?q=VTI&p=3M&i=86400"/></td>

I could see a few tickers over whatever time period and I liked it for the simplicity. Is there anything out there I can swap in place of google?

Monteunicorn
Jun 19, 2004
http://www.4-traders.com/ELEMENT-ASA-1413109/news/Element-Innovations-TV-Series-Explores-Breakthrough-Technology-in-Cryptocurrency-25592153/

Mineral backed cryptocurrency starts getting noticed.

Josh Lyman
May 24, 2009


I have a remarkable ability to buy GBTC at a top and sell it at a low, and it doesn't seem to happen with any other stock.

CME says bitcoin futures are going live on Dec 18 and I'd like to think that'd take a bite out of GBTC but most people can't trade futures.

Cheesemaster200
Feb 11, 2004

Guard of the Citadel

Harry posted:

While not great, it's not complete garbage like the healthcare bill and the downsides for most people are much less tangible. Sucks for anyone in California or New York though.

Personally I am impartial about it. There are some things I like about it and other things I do not.

I think the deduction for state taxes needs to go, and that is coming from someone who lives in Maryland. I think a lower corporate rate is the future as globalization isn't going away. The pass-through changes are a clusterfuck, and the standard deduction increase is just populist politics to garner support for the bill. If it were up to me, the corporate rate would be set at zero, capital gains and dividends would be taxed at personal rates, and increase the top personal rate to ~50% to offset the revenue loss. Tax the business owners and not the business itself, and you would eliminate the incentives for corporations to avoid taxes.

melon cat
Jan 21, 2010

Nap Ghost
.

melon cat fucked around with this message at 06:56 on Mar 16, 2019

LLCoolJD
Dec 8, 2007

Musk threatens the inorganic promotion of left-wing ideology that had been taking place on the platform

Block me for being an unironic DeSantis fan, too!
I think the question really is whether or not a President Pence would be any less favorable to business and low taxes. If you ask me, he would be if anything a more stable and reliable supporter of big business. If an impeachment did happen, or even a real strong threat of impeachment were to happen, I do admit that there would have to be a market pullback for a while.

The chatter this morning is that the Senate Republicans will successfully push through a tax bill. That will help the markets maintain strength, obviously.

Beta Orbiter
May 27, 2017
Hello, I am new to this thread. I am reading up and trying to find information on learning how to invest. Specifically, I am interested in trying to get on board the "Elon train", but I am finding it really difficult to see which companies to invest in. I was wondering if anyone can give me a few points to start me out? Places to read about various companies or past investments, projections... what the hell all the numbers and charts mean. You know, just a little bit.

Not a Children
Oct 9, 2012

Don't need a holster if you never stop shooting.

Beta Orbiter posted:

Hello, I am new to this thread. I am reading up and trying to find information on learning how to invest. Specifically, I am interested in trying to get on board the "Elon train", but I am finding it really difficult to see which companies to invest in. I was wondering if anyone can give me a few points to start me out? Places to read about various companies or past investments, projections... what the hell all the numbers and charts mean. You know, just a little bit.

If you're not trolling, read the OP and this: https://www.etf.com/docs/IfYouCan.pdf and follow the instructions

It takes time and work to understand investing, so don't expect to be able to launch into it overnight

Droo
Jun 25, 2003

Droo posted:

I would be curious to know how much carbon Bitcoin has pointlessly pumped into the atmosphere.

Just came across this article which kind of answers this

https://securityaffairs.co/wordpress/66048/digital-id/bitcoin-minining-energy.html

quote:

According to new research conducted by energy tariff comparison service PowerCompare.co.uk, the electricity used to mine Bitcoin this year is bigger than the annual usage of almost 160 countries. The energy consumption has already exceeded the amount used on average by states such as Ireland and most African nations.

“According to Digiconomist’s Bitcoin Energy Consumption Index, as of Monday November 20th, 2017 Bitcoin’s current estimated annual electricity consumption stands at 29.05TWh.” states the research.

“That’s the equivalent of 0.13% of total global electricity consumption."

Comparing the amount of energy used for a Bitcoin transaction to run his home in the Netherlands, Brosens says: “This number needs some context. 200kWh is enough to run over 200 washing cycles. In fact, it’s enough to run my entire home over four weeks, which consumes about 45 kWh per week costing €39 of electricity (at current Dutch consumer prices).”

It is amazing if we compare this data other payment systems, for example Visa takes about 0.01kWh (10Wh) per transaction which is 20000 times less energy.

* In the past month alone, Bitcoin mining electricity consumption is estimated to have increased by 29.98%
* If it keeps increasing at this rate, Bitcoin mining will consume all the world’s electricity by February 2020.
* Number of Americans who could be powered by bitcoin mining: 2.4 million (more than the population of Houston)

tminz
Jul 1, 2004
Holy poo poo this has been a fun week. Bought SPY calls and UVXY puts on the Mueller dip, bought XIV shares as well. Had already made a bunch on SPY calls yesterday as well. VOLATILITY

Nybble
Jun 28, 2008
Probation
Can't post for 4 hours!
love when serious articles put out nonsense like this:

"If it keeps increasing at this rate, Bitcoin mining will consume all the world’s electricity by February 2020."

Not a Children
Oct 9, 2012

Don't need a holster if you never stop shooting.

Nybble posted:

love when serious articles put out nonsense like this:

"If it keeps increasing at this rate, Bitcoin mining will consume all the world’s electricity by February 2020."

Yeah, that bit is incredibly stupid

Bitcoin is also incredibly stupid, to be fair

Harry
Jun 13, 2003

I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW
Ends up that initial Flynn report was unbelievably misleading, to put it lightly.

A MIRACLE
Sep 17, 2007

All right. It's Saturday night; I have no date, a two-liter bottle of Shasta and my all-Rush mix-tape... Let's rock.

Bitcoin is fueled by stupidity but I think that article might have said that as a joke

Michael Transactions
Nov 11, 2013

Harry posted:

Ends up that initial Flynn report was unbelievably misleading, to put it lightly.

What happened now?

greasyhands
Oct 28, 2006

Best quality posts,
freshly delivered
Do you guys really not get that the 'whole world's ele tricity consumption' bit is an implication that Bitcoin obviously can't keep doing what it's been doing? It's not just some retard claiming Bitcoin is about to blot out the sun.

Beta Orbiter
May 27, 2017

Not a Children posted:

If you're not trolling, read the OP and this: https://www.etf.com/docs/IfYouCan.pdf and follow the instructions

It takes time and work to understand investing, so don't expect to be able to launch into it overnight

Thanks, not trolling, just genuinely curious, and I saw the thread was so long and because of it's nature, I didn't think to look back too far. Thanks, I'll start reading some of that material. I appreciate it!

Harry
Jun 13, 2003

I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

vaginal facsimile posted:

What happened now?

The initial report that cause a 1.5% drop said Flynn was set to testify that Trump told him to contact Russia. What actually happened was Trump told him to contact Russia about Syria in December 2016, after he was elected.

disjoe
Feb 18, 2011


So realistically are there tools to short Bitcoin yet

Harry Potter on Ice
Nov 4, 2006


IF IM NOT BITCHING ABOUT HOW SHITTY MY LIFE IS, REPORT ME FOR MY ACCOUNT HAS BEEN HIJACKED

Beta Orbiter posted:

Thanks, not trolling, just genuinely curious, and I saw the thread was so long and because of it's nature, I didn't think to look back too far. Thanks, I'll start reading some of that material. I appreciate it!

Don't listen to that person, just get robinhood and go with your gut and also report back on what you're going to spend all your new money on

CloFan
Nov 6, 2004

Beta Orbiter posted:

Hello, I am new to this thread. I am reading up and trying to find information on learning how to invest. Specifically, I am interested in trying to get on board the "Elon train", but I am finding it really difficult to see which companies to invest in. I was wondering if anyone can give me a few points to start me out? Places to read about various companies or past investments, projections... what the hell all the numbers and charts mean. You know, just a little bit.

Put 1/3rd of your net worth into TSLA.

greasyhands
Oct 28, 2006

Best quality posts,
freshly delivered

disjoe posted:

So realistically are there tools to short Bitcoin yet

Only if you want to get wiped out

Combat Pretzel
Jun 23, 2004

No, seriously... what kurds?!
The tax overhaul passed? I guess Monday will be green as gently caress?

EAT FASTER!!!!!!
Sep 21, 2002

Legendary.


:hampants::hampants::hampants:

Combat Pretzel posted:

The tax overhaul passed? I guess Monday will be green as gently caress?

It's not signed, but presumably the entirety of the Trump bump was in anticipation of this actually happening, so who knows how bright those green candles will burn.

EAT FASTER!!!!!!
Sep 21, 2002

Legendary.


:hampants::hampants::hampants:
I mean again this comes back to the presumed balance of rationality versus behavior in the market, but yeah in actuality I do anticipate quite a green day.

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Solice Kirsk
Jun 1, 2004

.

Harry posted:

I think that's like the 3rd time that's happened.

Went big in SPX calls before thanksgiving. If the tax plan passes I'll see you guys on the moon.

I hope you bought a space helmet.

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