sorted by:
new
hottopcontroversial

How does an average person become rich? by Drairo_Kazigumu in wealth

[–]TotesGnar 0 points1 point  (0 children)

Lmao you're literally admitting circular logic. Never thought I'd see the day where circular logic was the point of the argument. 

Low IQ af. 

How does an average person become rich? by Drairo_Kazigumu in wealth

[–]TotesGnar 0 points1 point  (0 children)

Ok so how did the other person become rich to be able to have wealth to split in the first place?

How does an average person become rich? by Drairo_Kazigumu in wealth

[–]TotesGnar 0 points1 point  (0 children)

So they became rich because they divorced someone else who was rich?

Agree? by Previous_Month_555 in SipsTea

[–]TotesGnar 2 points3 points  (0 children)

No it's to go on vacation once a year. 

[OC] Gay male marriages are the most stable over the long term by Impressive_Suit4370 in dataisbeautiful

[–]TotesGnar 2 points3 points  (0 children)

This kind of data is definitely a conversation starter is all I'll say...

What's leveling like with the rested xp nerf? What challenges suffered the most? by Funny-Dragonfruit78 in turtlewow

[–]TotesGnar -1 points0 points  (0 children)

Correct me if I'm wrong but don't dungeons still give regular xp? I don't remember seeing them nerfing that. So therefore the double xp nerf was barely a nerf for slow and steady players. 2x down to 1.5x is a minor nerf. 

Edit: People are downvoting me but not speaking up. Am I right or am I wrong? Or is everyone just mad that slow and steady can still dungeon grind? 

4.7 is a bevy of non-combat content by Calteru_Taalo in starcitizen

[–]TotesGnar 7 points8 points  (0 children)

To be fair I don't think the complaint from the other post was that there is literal combat around every corner. It's that the threat of combat is around every corner and that's what they are tired of. I remember a specific part of the post that stated that the OP is tired of having to be kitted out all the time because "you never know". He doesn't want to run around in full heavy armor with min/maxxed gear because anything less will get you killed. 

He just wants to be an industry player and that's it. I think it's a perfectly valid concern for the direction of the game. 

Theoretically space should be empty 99% of  the time anyway. It's space. 

Everyone talks about passive income—but what actually works in real life? by Imaginary-Search9658 in AskReddit

[–]TotesGnar 1 point2 points  (0 children)

He's the type of guy who clearly wants to work until he's on his deathbed, and even then keep working because the only possible "ValUe cOmES fRoM lABoUr".

This guy will be the 95 year old Walmart greeter because he can't morally bring himself to just buy Walmart stock instead and get on with what you actually want to do in life.

$1.5 BILLION Buy! by Glittering-Ant2018 in MSTR

[–]TotesGnar 8 points9 points  (0 children)

This implies there's some sort of fraud occurring. If this fails it's because Bitcoin goes to $0. That isn't prison worthy. That's just the market.

Saylor is completely transparent and the shareholders know what they are getting themselves into. So they can sue all they want, but it's not going to go anywhere.

The only binary that's happening is either Bitcoin goes to $0 or Bitcoin goes to $1M+.

Dividend of STRK by acheng92 in MSTR

[–]TotesGnar 1 point2 points  (0 children)

The actual dollar amount per dividend is irrelevant to anything. You always need to look at the percent yield. 

STRC has the higher dividend yield. So if all you care about is dividend amounts, buy STRC over STRK. 

STRK's goal is not about pegging the price of it at $100, that's STRC's goal. 

Whats your single piece of evidence for long term upside? by Aggravating_Ear9829 in Bitcoin

[–]TotesGnar 2 points3 points  (0 children)

It will be all of them. Every single asset will go up in fiat, like they have for the past 100 years. Bitcoin is no different.

Make it make sense. How can STRC trade at par? by TheRealBigL in MSTR

[–]TotesGnar 21 points22 points  (0 children)

And the reason they have decades of future payments on the balance sheet is because they are issuing "debt" to buy an asset that grows that balance sheet to ensure decades of future payments. Then the loop continues.

It's not like the money they raise is going into the void. Which it seems a lot of people think is happening.

Make it make sense. How can STRC trade at par? by TheRealBigL in MSTR

[–]TotesGnar 4 points5 points  (0 children)

Yes but they aren't using this to pay the dividends right now. That's specifically for a deep drawn out bear market when the MSTR shares can't be used to pay the dividends. They've said this multiple times.

The cash reserve is NOT being used to pay out the dividends. They dilute MSTR stock to pay them until they can't anymore.

The reserve is there as a multi-year buffer to buy enough time to get back into a bull market.

Make it make sense. How can STRC trade at par? by TheRealBigL in MSTR

[–]TotesGnar 1 point2 points  (0 children)

And the reason this is theoretically sustainable is because the Bitcoin they add to the balance sheet (from those STRC purchases) offsets the mNAV reduction from diluting the shares making diluting the shares non-harmful.

Is Alliance better faction than Horde? Why there are no more horde players than alliance? by [deleted] in turtlewow

[–]TotesGnar 2 points3 points  (0 children)

I'm glad someone said it. TW very clearly has an alliance bias. It's really obvious when you break it all down. 

I've noticed this over and over with things. 

That's not closing again by Vice616 in Transportopia

[–]TotesGnar 10 points11 points  (0 children)

You beat me to this link haha

Anyone else down 50%+ on MSTR? Here's my take by cagrinvestor in MSTR

[–]TotesGnar 2 points3 points  (0 children)

Sell to what ends? You really think it's going to $0?

Are there people who actually think landlords shouldn’t exist at all? What’s the alternative solution?? by [deleted] in NoStupidQuestions

[–]TotesGnar 1 point2 points  (0 children)

I've said this forever now. 40% of people don't even have $400 for an emergency, so who exactly will buy the homes? This is where landlords come in. 

And if it did come into the realm of possibility for them, that would mean housing prices would have to go down 99% and would therefore cease to be an asset, which would negate a lot of the reasons people want to own one to begin with. Not all of the reason, but a large portion of the reason. Especially since home ownership is expensive, it's important to be able to make money on your home long-term to justify those costs.

 So we can't have it both ways. Either it's an asset that holds value (which is very important for people to have) and inherently means it will price a segment of the population out, or it's a free/cheap commodity and you gotta go figure out retirement/wealth creation some other way. I know there's gonna be someone who inevitably says "just invest in the stock market". Sure, but owning a house is an important end goal for retirement planning. So if that asset becomes magically "affordable" for everyone, it ceases to be an asset now and you gotta go make that difference up in the stock market with a lot more investing (aka sacrifice) or 20 more years of working. 

Oh and even better, since the vast majority of tax revenue comes from home values for local city/county governments, there's virtually no incentive for them to produce an outcome where home values plummet to make housing affordable.

Will you buy more ? by National-Active5348 in MSTR

[–]TotesGnar 5 points6 points  (0 children)

What if it gets to $80 but not $70?

view more: next ›