Just bought 1 bitcoin for AU $32K

Is there a type of pie that's next level to Humble?

It's surprised me too, but who's complaining, other than anyone who didn't invest even a little.

My brother even put in a few bob and he's gone 4X.

As far as i see it, anything decentralised like good non-corporate decentralised blockchain crypto, gold, silver, anything remotely like real money is going to do well. That why national banks and governments are buying up big. They know what's coming: the end of another fiat currency system, just like every other one in history.

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Mr Milk said..
Ya know, that thing called doggycoin .... is that really bitchcoin?

I've known about it for years, it was started as a joke in 2013 to make fun of bitcoin and cryptocurrency. It was based on litecoin, which was based on bitcoin. It currently has a market cap just shy of AU$ 100 billion

en.m.wikipedia.org/wiki/Dogecoin

Doge is fine. Not the "gold standard" like BTC, but OK.

Since it's a decentralised un-incorporated blockchain based on the Bitcoin code, there's no problem investing in it. It's more volatile than BTC but can yield bigger like it did recently. If yield is your skin in the game.

XRP ****coin owned and manipulated by venture capitalists - it is not.

Also, since no one controls DOGE every bit of energy we take from the debt slavery system is a win win.

You still haven't explained to me how to sell my bitcoin for its actual VALUE everytime i go to sell it they want it for like 500$ less in a peer to peer trade ...

Are you selling yours in peer to peer on coinbase/finance? Or is paymonade somehow working?

Awesome I'll transfer over
binance is a ****show for selling

Oh BTW kitty just tweeted again here's the original tho

Stock jumped 8 percent in sseconds proving stock algos further

General theory is t 35 so 9th Jan





Tempted to try my hand at options




14% for a picture of an old magazine cover.

If bitcoin did this the general population would scream it was a SCAM

AND here we all are invested upto our gills in cba and bhp which once you boil it all down everything is just partly owned by blackrock and vanguard etc etc

Carantox you joke but

Pokemon cards are literally takeing over the NFT world as we speak GME will be probably buying out the PSA card gradeing company and incorporateing it into all theyre stores hopefully australia to. This means youll ?ctually be able to sell your pokemon cards at ebgames etc for like 1.5k aud

Not sure how i feel about all the eb games in germany closeing down in january tho

But yeah reality is mainstream media and the elites have been robbing us blind and they arent stopping.

Bitcoin is literally less bull**** and manipulated of a gamble then the nysx

Best part is if i sound like a crazy lunatic then sadly its just how it is. Meme stock cult yadda yadda

With bitcoin all ive been doing is transfering it from bitcoin at a peak to usdt then at a dip transfering that usdt back into bitcoin.

Rinse and repeat.

It sucks watching the bitcoin jump when your holding usdt tho

The problems im having with the passports and proof of address **** i believe is only because of binance which is a stand alone sort of app/exchange where essentially theres "traders/companys" selling and buying on it but theyve set theyre prices to always be makeing a ridiculous profit like 30% or something either way


Its no real difference to stake / pearler etc etc where as they make theyre money on the aud to usd conversion rate / $3 to $6 per transaction fee

Its all been gameified to essentially resemble pokie machines in the casino and at the casino if i win a couple hands of black jack in a row on the 10$ table im sweating like ive just committed and crime and take my 30$ and run out of there.

But its fun to get involved in a particular coin or stock and focus alot of energy into it if you look at it as entertainment and your only playing with what you can afford to loose (for me thats like ... 5k$ all up (ima surf bum).

So honestly the best stocks to play with are the ones with the largest community because those will have the most videos and theorys and plays and moves and youll essentially have more data to churn thru to try figure out just what the hell it all means man

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Froth Goth said..
Carantox you joke but

Of course I'se joke.

... because I didn't listen to myscreenname when he started this thread. Or the thread before it that Adolph started. Or the one before that, which Oliver started.

And because I didn't listen now I only have two options:
a) joke like I don't care I missed out big time
b) cry because I regret missing out big time

And Carantoc don't like b) because Carantoc is 'ard and never looks back.

Carantoc if you want to dance have a read of the comments here

www.reddit.com/r/Superstonk/comments/1h7m1t3/anyone_else_catch_this/

Were playing poker with scripts... you know.... the things that
if this
then that

No matter what

You either cant win
or cant loose


My "theory" is that rk preloads his posts and whoever has access to that data *cough cough* is selling it... or dumb enough to enact on it themselves.

Think insider tradeing but much larger.

Have you seen how many documentarys and movies have been made about retail traders hitting gme ? I know i sound crazy saying this but blackrock vanguard etc etc are in an absolute hole banks are collapsing many many people going to jail the system itself is collapseing.

Whose going to notice a little b?t of secret data being read ?

Once im done with gme and bitcoin ill be banking on brics *said the mentally ill homeless man*

Who could turn 25k into 300k USD in minutes?!? Ridiculous!
Why work at all? Its all broken.

For anyone else following along at home the answer is *drum roll* badadadadabadabdadatsssshhhh

Not A Human

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Carantoc said..

Froth Goth said..
Carantox you joke but

Of course I'se joke.

... because I didn't listen to myscreenname when he started this thread. Or the thread before it that Adolph started. Or the one before that, which Oliver started.

And because I didn't listen now I only have two options:
a) joke like I don't care I missed out big time
b) cry because I regret missing out big time

And Carantoc don't like b) because Carantoc is 'ard and never looks back.

He who puts his hand to the plough and looks back is not fit for the kingdom of heaven.

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myscreenname said..
So I did something today in a few mouse clicks and a bit unsure how it will pan out. It seems legit, I can see it on blockchain and in wallet... but.its all a bit of a new mystery.

I decided today I'll stay in eth for one year - tax purposes. Rather than just hodling 10 ETH ($60k)I thought why not stake it using a smart contract in an eth validation pool and earn 3% while I hodl. Anyway fark knows what just happened.

Theres a high chance litecoin eth and btc will be useable at gamestops/electronic boutiques possibly why germany bailed out.

Haveing bitcoins actually useable in stores is pretty huge and to be honest it makes a remarkable difference between buying a dvd at jbhifi vs ebgames normally being so budget focused id be more likely to buy from ebay/bigw/jbhifi before ever setting foot into an ebgames but if i could clean swap it for crypto then it wouldnt even be a question.

Apon seeing this im sure the price of the stock would sky rocket.

Oh and....

I got something spooky going on....

69420 minutes into 2025 falls exactly on my earthday... so looks like im gonna go all in on some long calls for then (utc)



Another time calculation!

Let's break it down step by step:

1. _Minutes to hours_: 69420 minutes ? 60 = 1157 hours
2. _Hours to days_: 1157 hours ? 24 = 48.21 days
3. _Days to months_: Since we're starting from January 1st, we can add the 48.21 days to the initial date.

Assuming a non-leap year (2025 is not a leap year), we can calculate the resulting date:

January 1st + 48 days = February 19th

Since we have a fractional part of 0.21 days, we can convert this to hours:

0.21 days ? 24 hours/day = 5.04 hours

Adding these hours to February 19th:

February 19th, 2025, 5:04 AM

So, if a clock started at New Year's on the dot and ran for 69420 minutes, it would be:

February 19th, 2025, 5:04 AM



1:09 = 69 420 yo blaze it

But seriously once i figure out how the greeks work and how i can set up a long call or whatever so i only loose maybe 3k$ total tops then yeah ... im expecting gme to drop like a rock after earnings comes thru next week (its an algorithmn thing not an earnings thing) so ill try enact it then.

Pretty sure the floors now 25$ so im thinking ....
for my first play at options...

*Initial Conditions*

- Underlying stock price: $29
- Strike price: $25
- Call option premium: $1.50 per share
- Number of contracts: 20 contracts (2000 shares)
- Expiration date: February 19th
- Investment budget: $3000

*Potential Profits*

Here are the potential profits for different stock prices on February 19th:

*Stock Price: $20*

- Intrinsic value: $0 (stock price is below strike price)
- Profit per share: $0
- Total profit: $0
- ROI: 0%

*Stock Price: $25*

- Intrinsic value: $0 (stock price equals strike price)
- Profit per share: $0
- Total profit: $0
- ROI: 0%

*Stock Price: $30*

- Intrinsic value: $5 per share (stock price - strike price)
- Profit per share: $5 - $1.50 = $3.50
- Total profit: $3.50 per share * 2000 shares = $7000
- ROI: ($7000 profit ? $3000 investment) ? 100% ? 233.33%

*Stock Price: $35*

- Intrinsic value: $10 per share (stock price - strike price)
- Profit per share: $10 - $1.50 = $8.50
- Total profit: $8.50 per share * 2000 shares = $17,000
- ROI: ($17,000 profit ? $3000 investment) ? 100% ? 566.67%

*Stock Price: $40*

- Intrinsic value: $15 per share (stock price - strike price)
- Profit per share: $15 - $1.50 = $13.50
- Total profit: $13.50 per share * 2000 shares = $27,000
- ROI: ($27,000 profit ? $3000 investment) ? 100% ? 900%

Hmmmmnnn... does this seem about right to you lot? What about all this theta decay i hear about etc

Damn... thetas a bitch

Theta decay!

Theta decay, also known as time decay, is the decrease in the value of an option due to the passage of time. As the expiration date approaches, the option's value decreases, resulting in a loss for the buyer.

To incorporate theta decay into our previous calculations, we'll assume a daily theta decay of 0.5% to 1.5% of the option's value. This is a rough estimate, as theta decay can vary depending on factors like volatility, interest rates, and time to expiration.

Let's recalculate the potential profits for different stock prices on February 19th, considering theta decay:

_Assumptions_

- Daily theta decay: 1% of the option's value
- Number of days until expiration: 74 days (from December 7th to February 19th)

_Theta Decay Calculation_

- Daily theta decay: 1% of the option's value
- Total theta decay: 1% ? 74 days = 74% of the option's value

_Adjusted Potential Profits_

Here are the adjusted potential profits for different stock prices on February 19th:

_Stock Price: $20_

- Intrinsic value: $0
- Profit per share: $0
- Total profit: $0
- ROI: 0%

_Stock Price: $25_

- Intrinsic value: $0
- Profit per share: $0
- Total profit: $0
- ROI: 0%

_Stock Price: $30_

- Intrinsic value: $5 per share
- Profit per share: $5 - $1.50 = $3.50
- Theta decay: 74% of the option's value (approximately $1.10 per share)
- Adjusted profit per share: $3.50 - $1.10 = $2.40
- Total profit: $2.40 per share * 2000 shares = $4800
- ROI: ($4800 profit ? $3000 investment) ? 100% ? 160%

_Stock Price: $35_

- Intrinsic value: $10 per share
- Profit per share: $10 - $1.50 = $8.50
- Theta decay: 74% of the option's value (approximately $1.10 per share)
- Adjusted profit per share: $8.50 - $1.10 = $7.40
- Total profit: $7.40 per share * 2000 shares = $14,800
- ROI: ($14,800 profit ? $3000 investment) ? 100% ? 493.33%

_Stock Price: $40_

- Intrinsic value: $15 per share
- Profit per share: $15 - $1.50 = $13.50
- Theta decay: 74% of the option's value (approximately $1.10 per share)
- Adjusted profit per share: $13.50 - $1.10 = $12.40
- Total profit: $12.40 per share * 2000 shares = $24,800
- ROI: ($24,800 profit ? $3000 investment) ? 100% ? 826.67%

As you can see, theta decay reduces the potential profits, but the strategy still offers significant returns if the stock price increases substantially.

Keep in mind that theta decay is just one of the factors that can affect option prices. Other factors, such as changes in volatility, interest rates, and underlying stock price, can also impact option values.

Would you like to know more about options trading strategies or risk management?

The other Greeks!
In addition to theta (?), there are five other Greeks that help measure the sensitivity of an option's price to various factors:

1. *Delta (?)*: Measures the rate of change of the option's price with respect to the underlying stock price.

- Call option delta: +0.5 to +1.0 ( increases as the stock price increases)

- Put option delta: -0.5 to -1.0 (decreases as the stock price increases)

2. *Gamma (?)*: Measures the rate of change of the option's delta with respect to the underlying stock price.

- Call option gamma: +0.1 to +0.5 (increases as the stock price increases)
- Put option gamma: -0.1 to -0.5 (decreases as the stock price increases)

3. *Vega (?)*: Measures the rate of change of the option's price with respect to the volatility of the underlying stock.

- Call option vega: +0.1 to +0.5 (increases as volatility increases)

- Put option vega: +0.1 to +0.5 (increases as volatility increases)

4. *Rho (?)*: Measures the rate of change of the option's price with respect to the risk-free interest rate.

- Call option rho: +0.1 to +0.5 (increases as interest rates increase)

- Put option rho: -0.1 to -0.5 (decreases as interest rates increase)

5. *Lambda (?)*: Measures the rate of change of the option's price with respect to the dividend yield of the underlying stock.

- Call option lambda: -0.1 to -0.5 (decreases as dividend yield increases)
- Put option lambda: +0.1 to +0.5 (increases as dividend yield increases)

These Greeks help traders and investors understand how different factors can impact the price of an option. By monitoring these Greeks, you can adjust your trading strategy to manage risk and maximize returns.

Would you like to know more about options trading

This sounds fun

Timing a gamma ramp!

A gamma ramp, also known as a gamma squeeze, occurs when a significant number of options contracts with the same strike price and expiration date are bought or sold, causing a rapid increase in the option's gamma. This can lead to a self-reinforcing cycle, where the increased gamma causes the option's price to move more rapidly, which in turn attracts more buyers or sellers, further increasing the gamma.

To time a gamma ramp, consider the following factors:

*Market Conditions*

1. *Volatility*: Gamma ramps often occur during periods of high volatility, as traders seek to capitalize on large price movements.
2. *Trend*: A strong trend in the underlying asset can contribute to a gamma ramp, as traders become more confident in the direction of the price movement.
3. *Liquidity*: Adequate liquidity in the options market is essential for a gamma ramp, as it allows traders to easily enter and exit positions.

*Options Market Conditions*

1. *Open interest*: A high open interest in the options contract can indicate a potential gamma ramp, as it suggests a large number of traders are holding positions in the contract.
2. *Implied volatility*: Elevated implied volatility can contribute to a gamma ramp, as it increases the option's gamma and makes it more sensitive to price movements.
3. *Options skew*: A skewed options market, where calls or puts are overpriced relative to each other, can create an opportunity for a gamma ramp.

*Timing*

1. *Expiration week*: Gamma ramps often occur during the expiration week of the options contract, as traders seek to capitalize on the increased volatility and gamma.
2. *Earnings announcements*: Earnings announcements can create a gamma ramp, as traders anticipate potential price movements and adjust their positions accordingly.
3. *Market events*: Significant market events, such as central bank announcements or economic data releases, can also trigger a gamma ramp.

Keep in mind that timing a gamma ramp is challenging, and it's essential to carefully monitor market conditions and options market data to identify potential opportunities.

Would you like to know more about options trading strategies or risk management?

I mean... seems pretty clear to me
Bank on the popular one.

Dont have to understand it to gamble right?
Barely any (p)uts and heaps of (c)alls

I feel like the Hawk Tuah girl had a good investment model, but that seems to have not worked out.

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myscreenname said..
There is a meme coin called Goatseus Maximus. It's story helps to explain how farked up we have become.

Some guy connected a bunch of LLMs together, the LLMs were trained on posts from twitter, 4 chan and redit and chatted with each other. At some point the AI agents formed their own religion that involved goats they were given access to a crypto wallet and built a meme coin and the Al's stake now has a market cap of $US 75m. Terminal of Truths is the Twitter account that

Hahaha jesus christ i hope that ?snt real !?!?

I wonder if i can get blackrocks? aladin? to join my cult standard 10% tithing rate of course


I wonder what will happen with the ingame currency farming the chinese government was useing prisoners to mine gold in world of warcraft when ot was early days but apparently with the ai scripts now its literally impossible to determine if its an afk/bot farmer which is pretty insane given people are more now then ever paying for ingame items/houses/gold etc

The money has definitely gotten funney

The asset class could get overthrown by the scriptkid class

Hmmmm

Maybe i should sell my bitcoin for a computer... has been ahwhile.

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Froth Goth said..
Talk about sellers remorse tho now i feel like buying more btc

Taking profits during a bull run is way better than sitting on it for years in a bear market. Buy it when it crashes next time. Could go down 50% from here. Who knows?