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Yeah, it is a functional currency. I understand that counties, banks and corporations are using it to transfer large funds. The SEC case is weak, and will be dropped sooner or latter. But, it doesn't hold over $1 very well, and something is sketchy about the Flare Network. I am afraid more Flare delay or bad news is going to take it back to .50. I may be wrong. If Flare launches successfully and Spark is dropped it should hit $5 easy. But its not looking good.
You no have the AMC?
SEC announced an "investigation" into GME the day after the Q1 report and board meeting to drive down the price, because the good news would drive the price up. We are dealing with criminals and should expect criminal level shenanigans.
Your investment in GME should be enough if you can hold out for the big payoff. Watching the price all day will drive you nuts. Stonks are risky, be careful and best of luck.
All of us holders lost 30% of our GME portfolio value over the last two weeks. This is normal and a good indicator that a sharp rise may be coming soon. I bought 2 more shares on the dip, so it strengthens our position when we can afford to but a few more shares also. This is a long game, we will prevail.... Hold the line, it will be worth it.
Bought before the $1b drop at .003. Been stacking and staking since... My only crypto making cheddar the last 3 weeks. HEX is da' shit... 40% staking interest even on 30 days. I've got it spread out for years. My retirement!
I think Cash app sells GME by the dollar.
Bought 2 @ 224... Messes up my average, but this my be the last time we see it under 300. Sending the SEC after them the day of a good earning report and other good news is dirty pool... Hedgies burn in Hell!
Good news means a major price drop...
Hedgies hate us moar!
It looks a little off, but only slightly. BUT in reality, with dark pools, call options, and other AMC derivatives, the real number is probably closer to 300% ownership of shares outstanding.
CLOV has too many paperhand day traders messing things up right now. Hopefully enough diamond handed apes got in on it to set the squeeze. There are a TON of call option due this and next week, even at $10.... Gammasqueeze Baby!
Half at $69,420.00 and watch DFV comms. Just my "strategie".
When the MOASS does start, we will know, that is when we need to watch DFV closely. Half at $69,420.00 (for me) if DFV is banned from Twitter or Reddit at the time. RATIONAL... LOL
Its a Gamma-squeeze... the more call options that come in-the-money the more the brokers have to buy to cover. There are 10s of millions of call options this week at $40 and below. Then they have 2 days to cover after Friday. That is my understanding, not financial advice, so should moon next Wednesday... Watch GME then too. Lambos for everyone!
Apmex is who I use,. Typically you want a coin that comes from a mint or a bar that is in an assay (plastic sealed packaging with a serial number). A minted coin or sealed bar makes it less likely to be counterfeit or shaved. It may make a difference when you want to sell it.
About $100 over spot price is a good buy. There are a few options on Apmex including a 1oz. bar from the Royal Mint and Krugerrands right now under $100.
There is no cap, but it needs to be mined. Anyone can mine it, but it takes time, electricity, and a special computer. There is a supply of about 187 billion right now, so it is not infinite. It has been capped before, and may be again. It is a pretty good coin to make transactions, and I beginning to be used by more sellers. It will hit $1.00 and beyond. Most people here do not understand it, and should stay on their lane.
Nothing is secure and safe... We are here for tendies. Doge has given me A LOT more tendies than GME... Mic drop.
Check out Hex... You're welcome.
They owe me tendies!
If the Hedge Funds admitted to anything above 20% it would basically be illegal trading. Obviously they are not going to admit to a crime. There is no audit by the SEC as to what the real float is... It is self-reported. By Due Diligence done months ago by very smart apes, one of whom is now on the Board of Directors, we can estimate the actual float to be 100 to 300%.
I just want tendies.
Nice observation BTW OP!!!!