UrBoiDakota
said
:
This has been going on for a few days, the back and forth. Y’all are in your 20’s and 30’s. Ignore the other player and stop giving into the bait. It’s cringe. The fun is in the bickering. You should join in. One man's cringe is another man's hip.
Anyway zzz. Gold phat could bottom at any price. I just meant 100m as a rough floor. Lots of buyers at 100m, but maybe some sellers panic there, lose hope, and start selling.
We might start hearing, "too many are entering, it's common, plus the sky is falling," followed by serious dumping.
We could also see serious alt farming. Alt farmers tend to want their gold immediately. "It's your money; use it when you need it." So, they sell even at bottoms. But who knows.
When I look at which shards alts are likely to make, I conclude most will buy one for 30m. So, the bottom is at least 30m + bond price, which is roughly 40m. So, 70m cost, plus time and effort. Effort is easy enough. I cannot for the life of me manage to catch Covid. Perhaps it's because I didn't get vaxxed? The travails of those lacking immunity.
This has been going on for a few days, the back and forth. Y’all are in your 20’s and 30’s. Ignore the other player and stop giving into the bait. It’s cringe. The fun is in the bickering. You should join in. One man's cringe is another man's hip.
Anyway zzz. Gold phat could bottom at any price. I just meant 100m as a rough floor. Lots of buyers at 100m, but maybe some sellers panic there, lose hope, and start selling.
We might start hearing, "too many are entering, it's common, plus the sky is falling," followed by serious dumping.
We could also see serious alt farming. Alt farmers tend to want their gold immediately. "It's your money; use it when you need it." So, they sell even at bottoms. But who knows.
When I look at which shards alts are likely to make, I conclude most will buy one for 30m. So, the bottom is at least 30m + bond price, which is roughly 40m. So, 70m cost, plus time and effort. Effort is easy enough. I cannot for the life of me manage to catch Covid. Perhaps it's because I didn't get vaxxed? The travails of those lacking immunity.
28-Nov-2021 16:09:47 - Last edited on 28-Nov-2021 16:54:13 by Trip180
