GME will beat BTC in a year, mark my word

Discussion in 'Crypto Assets' started by Pekelo, Aug 30, 2024.

  1. johnarb

    johnarb

    Please extend the GME vs BTC challenge to 16 months instead of 12 months

    2021 btc high was in November

    2017 btc high was in December

    Thanks
     
    #21     Aug 31, 2024
    TrailerParkTed and semperfrosty like this.
  2. Highly addictive,back in the day.:D
     
    #22     Aug 31, 2024
    TrailerParkTed likes this.
  3. As SunT inferred,hed have to surgically remove his foot to be able to then put his money where his mouth is! haha
     
    #23     Aug 31, 2024
    SunTrader and johnarb like this.
  4. Sekiyo

    Sekiyo

    Bitcoin (BTC): The 1-year at-the-money implied volatility for BTC is approximately 50% to 55%.
    GameStop (GME): GME's 1-year implied volatility is significantly higher, around 180% to 337%.

    That's the easiest bet to say peak returns, within one year, will be higher for GME than BTC.
     
    #24     Aug 31, 2024
    semperfrosty likes this.
  5. Im interested to read that it has a billion in cash reserves with a mere 25 million in debt.Sales booming.

    Ive usually brushed over it as a mere meme stock.

    BTC aside,and at a glance,I dont see anything wrong with a bullish position in GME.

    My personal sentiment is one of caution,marketwide,but that usually means we have a ways to run.:D
     
    #25     Aug 31, 2024
    johnarb and Sekiyo like this.
  6. GME exists ONLY because it became a MEME stock...that's its purpose now, not as a company. Clearly Cohen doesn't understand the assignment after insulting the meme community with that arrogant earnings call, and releasing yet another share offering.

    They should have put RK on the board, bought back shares and thrown a party in Vegas thanking investors for saving their jobs.
     
    Last edited: Aug 31, 2024
    #26     Aug 31, 2024
    johnarb and Sekiyo like this.
  7. Coin Flip

    Coin Flip

    If you are "on top" then what is your dollar PnL year to date?
     
    #27     Sep 2, 2024
    semperfrosty likes this.
  8. maxinger

    maxinger

    GME will go

    up and down and
    up and down and
    up and down and
    up and down and
    up and down and
    up and down and
    up and down and
    up and down and
    up and down till the end of time.

    So you should

    buy and sell and sell and buy and
    buy and sell and sell and buy and
    buy and sell and sell and buy and
    buy and sell and sell and buy and
    buy and sell and sell and buy and
    buy and sell and sell and buy and
    buy and sell and sell and buy and
    buy and sell and sell and buy and till the end of time.
     
    #28     Sep 3, 2024
  9. Pekelo

    Pekelo

    Kids, GME is in the green while the market and BTC are taking a dump.

    Roaring Kitty, we believe in you!!!

    Special note: Some of you may haven't got the memo, but this thread is a satire of the incredible moronity of crypto. Nevertheless, parody or not, I will be right and GME will be a better store of value and diversification than BTC. There, now you got the memo...
     
    Last edited: Sep 3, 2024
    #29     Sep 3, 2024
    johnarb likes this.
  10. johnarb

    johnarb

    So there is no bet?

    Probably all for the best... we'd hate to lose you when bitcoin hits $690,420 /btc next year

     
    #30     Sep 3, 2024
    jbusse and semperfrosty like this.