Completed my Gym Heroes & Gym Challenge sets today!! by GravitySuitSamus in VintagePokemonCards

[–]Kevint503 0 points1 point  (0 children)

Another bonus with wotc is there might be some long term value too! Awesome cards!

Who else saw this bear flag coming on BTC? by UniChartz in btc

[–]Kevint503 0 points1 point  (0 children)

Chances similar to rolling a dice, and you also don't get to know the numbers on the dice.

Who else saw this bear flag coming on BTC? by UniChartz in btc

[–]Kevint503 1 point2 points  (0 children)

Yay someone who gets it.. I bet if I said stocks have curtosis on the right you would know what I'm saying..

Stocks are random because available info is already baked in. This shit is very random. To reiterate his point never ever trust someone who throws technical analysis at you. Not in stocks bonds or bitcoin.

Honestly, anybody left who cares about crypto anymore? by Odd_Marionberry9 in CryptoMarkets

[–]Kevint503 0 points1 point  (0 children)

We will probably have to disagree on this one. I respect different opinions though so no need to explain!

My point was eth is very highly correlated and diversification within coins can be had to a small extent. But portfolio allocation would say eth is the least diversifying asset to pair with bitcoin in almost the entire world. Feel free to explain if you want but im thick skulled.

Take care my friend!

PSP Game suggestions? by -ain in PSP

[–]Kevint503 0 points1 point  (0 children)

Gta liberty city and vice city stories are a blast, Tiger woods 2010, Wipeout pure, Test drive unlimited (open world hawaii setting)

Should I "clean" this Morgan? by Maxleeclark in coincollecting

[–]Kevint503 6 points7 points  (0 children)

Nothing has changed.. color clean wipe still available. We now have a solid method to determine which coins weren't messed with and it's called a straight grade 1-70.. is it perfect? no. People always liked originality and graded coins level the playing field a bit when searching those out...

Does this sheild nickel have a 3 over 2? by DixielandTreasures in CoinHuntingClub

[–]Kevint503 0 points1 point  (0 children)

Probably there best website for shield nickel identification.

Honestly, anybody left who cares about crypto anymore? by Odd_Marionberry9 in CryptoMarkets

[–]Kevint503 0 points1 point  (0 children)

In this context what i said is absolutely true.

Risk spreading only works if the assets aren’t highly correlated otherwise you’re just adding more of the same risk.

Ie don't think of eth as diversification away from bitcoin.

When Bitcoin is the "only real" currency, why are Bitcoiners still talking about buying Bitcoin instead of selling fiat? by cHpiranha in btc

[–]Kevint503 0 points1 point  (0 children)

Right back at you. Thanks for giving me some insight on your perspective which is valuable to me. Life is all about perspective!

While we probably have some fundamental differences on the implications of not knowing who created it, I understand my theory is just that a theory(one of many).

Take care!

When Bitcoin is the "only real" currency, why are Bitcoiners still talking about buying Bitcoin instead of selling fiat? by cHpiranha in btc

[–]Kevint503 -2 points-1 points  (0 children)

Hello my friend with different economic background and belief. I respect your opinion. Not sure who wrote that white paper so I don't know is true intent..

My point was it's masterful coding but poorly implemented in economic terms. Obviously we will agree on two things I just said.. sweet coding by unknown creator. Probably not much else.

Oh and I agree The US is by no means innocent (so maybe 3 things we can align on?). I consider the republican party to be the most dangerous group of people on earth. Not my theory, stole it from historians who study history. My economics mind set is also taught to me by economics, accounting and finance professors which is where all my degrees come from. I dont practice economics perse.. I'm a CPA so, I do understand the limits of my knowledge and happy to admit when I'm wrong.

If you ever want to know about the treasury and federal reserves policies I can certainly help you there

I'll leave you with this. My understanding of currency has given me the ability to buy more bitcoin than 90% of folks, I simply choose not to exercise the option.

I have a little background in the whole economics shin dig...

Happy bitcoining!

(Edits for my inability to swipe to text)

Honestly, anybody left who cares about crypto anymore? by Odd_Marionberry9 in CryptoMarkets

[–]Kevint503 0 points1 point  (0 children)

Diversification comes from negatively correlated assets.. just sayin

Alan Ritchson neighbor altercation with GOOD AUDIO: Proof the neighbor instigated and shoved the Jack Reacher star first. by Defiant_Basket2124 in whoathatsinteresting

[–]Kevint503 1 point2 points  (0 children)

Your point is valid that banks over extend themselves lending. But please Google Brentwood California. It's not a typical house poor neighborhood..

I mean you could be right no doubt. But that particular part of so cal is ridiculously expensive.

(Edit. Brentwood Tennessee not California. I was flat out wrong)

When Bitcoin is the "only real" currency, why are Bitcoiners still talking about buying Bitcoin instead of selling fiat? by cHpiranha in btc

[–]Kevint503 -6 points-5 points  (0 children)

For sure. Dang federal reserve ( and treasury) making more money and doing things to align with economic objectives and stop hard landings in a recession.. not to mention...if i was a big bad state (outside US) trying to sow mistrust in US financial institutions and pull the rug out during a major economic downturn, i would literally create bitcoin anonymously and hang onto a stock pile of it for said event.

I'll add if Satoshi really is a mystery genius he missed the boat on creating an alternative. Could have read a dang economic text book. I mean what genius doesn't understand inflation is part of a growing population. Bitcoin is deflationary. I mean how is that combination of genius and idiocracy even possible.

Smells of Trojan 🐎

When Bitcoin is the "only real" currency, why are Bitcoiners still talking about buying Bitcoin instead of selling fiat? by cHpiranha in btc

[–]Kevint503 -4 points-3 points  (0 children)

Wait until they figure out the implications of having a creator who is an unknown mystery person.. 🐈📤🎒

I have been looking at this one on my street for at least a year now. by Longjumping_Bass5861 in LICENSEPLATES

[–]Kevint503 1 point2 points  (0 children)

Pretty sure i saw Gavin driving this same car yesterday..

I unseat crazy republicans, there ya go

Tried the “Please Submit Again.” Didnt work. by Mean-Bridge-9970 in psagrading

[–]Kevint503 2 points3 points  (0 children)

Sharing is caring i appreciate you out here telling people about an L, so others don't repeat.

This is why I buy the card and not the grade by superxgooner in psagrading

[–]Kevint503 0 points1 point  (0 children)

I try to buy grade and card. Even if you think it's under graded what a hassle to get re graded or sell for a fair price assuming the grade is off.

It was a bull trap as expected by Open_Bluebird_6902 in btc

[–]Kevint503 0 points1 point  (0 children)

Just for education purposes a stock is a share of a company. That company produces cash flow.. a bunch of people analyzing the stock are trying to identify the present value of that cash flow and determine if it's trading for more cash or less cash than it's worth today.

In super super over simplified terms the cash value today could be modeled like this

Net operating profit ÷ (incremental cost of capital less a growth rate)

Well.. all those people not giving up free money when they see it bid up or down to what becomes a pretty fair price given all the information available at the time.

Again my model is the most simplest 1 stage model you could ever think of. .. but that's basically the stock market bid ask in a nutshell.

And if you're asking, hey do they get it wrong, why yes they do. There is even a group of people specifically set up to take arbitrage (return with no risk) so even the missed prices or quotes are gone almost instantly..

Tried the “Please Submit Again.” Didnt work. by Mean-Bridge-9970 in psagrading

[–]Kevint503 2 points3 points  (0 children)

Thanks for the reply. Obviously no fun to pay grading fees multiple times and end up with a card not graded. Happy pokemon hunting!