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  #626  
Old June 24, 2017, 01:54 AM
iDumb iDumb is offline
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Quote:
Originally Posted by SportingBD
o, if FB see's Snap is growing - they may consider buying them out?
U are out of the loop ... fb attempted to buy snap for 3b but they refused many years back .... thus fb ended up with whatsapp ....

It's hard to fight with fb for market share .. my money will be on zuck!

Fb will NOT be buying snap.
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  #627  
Old June 24, 2017, 03:49 AM
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DinRaat. DinRaat. is offline
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Bit coin mining gives little investment if it done on a domesticated level, by that I am saying if you spend just under 1000 dollars. With GPU mining it is recommended you spend 5-6K plus. Some of the most powerful GPU rigs have the most powerful GPUs even then the return in uncertain.

A rig with 5-6 GTX 980 will set u back 6 grand



Unless you are willing to invest in 5-6k for Ether mining using GPU, I suggest you steer clear of mining altogethere. Takes a toll on your machine and your electricity build. Just purchase antminer with the ASIC chipsets if you wish to mine, however don`t get your hopes up.
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  #628  
Old June 24, 2017, 07:08 AM
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Quote:
Originally Posted by iDumb
U are out of the loop ... fb attempted to buy snap for 3b but they refused many years back .... thus fb ended up with whatsapp ....

It's hard to fight with fb for market share .. my money will be on zuck!

Fb will NOT be buying snap.
Lol. I know about that offer.. we had a discussion at work.
It was like - FB already attempted to buy them, what if they approach them again, when they start growing more.. like a huge amount being offered which Snap will find hard to reject.
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  #629  
Old June 24, 2017, 08:30 AM
iDumb iDumb is offline
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Quote:
Originally Posted by SportingBD
what if they approach them again, when they start growing more.. like a huge amount being offered which Snap will find hard to reject.
NO NO NO!!

please keep me quoted. It will NOT happen.

Having said that if snap falls to low 10s, it is a very good buy imo... and you will probably end up doubling or perhaps tripling your money from there..... I like the guys that run the company but reality is its a crowded space to gain market share and fb has the upper hand...
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  #630  
Old July 11, 2017, 11:01 AM
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Goodness me! Snap! Control yourself.
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  #631  
Old July 11, 2017, 11:06 AM
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SportingBD SportingBD is online now
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Having similar feelings to FB! When it started crashing! And everyone was like doom and gloom! Hmm.
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  #632  
Old July 19, 2017, 03:32 AM
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SportingBD SportingBD is online now
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How long can Netflix sustain its user growth? Are there not any genuine competitors for them? After doing some research on Snap - you gotta feel sad for them. Others copying and killing them off. It's going to be tough for them to recover, if they can.
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  #633  
Old August 11, 2017, 03:47 AM
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Snap is dead. Damn.

If it goes around $10, I think it could be a good buy?

Surely it can't go below 10..

FB and others have just killed them off.
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  #634  
Old August 12, 2017, 06:56 AM
iDumb iDumb is offline
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Quote:
Originally Posted by SportingBD
Snap is dead. Damn.
what did I tell you? you thought 80 dollars stock... FB like... LOL

I think you still have poor understanding of market in general and will lose money more often than not...

I think snap is a good buy at or below 10.

Again if you want to buy a social media company - buy Facebook.

Finally, I don't like you.
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  #635  
Old August 12, 2017, 07:22 AM
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Quote:
Originally Posted by iDumb
what did I tell you? you thought 80 dollars stock... FB like... LOL

I think you still have poor understanding of market in general and will lose money more often than not...

I think snap is a good buy at or below 10.

Again if you want to buy a social media company - buy Facebook.

Finally, I don't like you.
Thanks man that's awesome to hear. Shocking news..

You see when I made that call.. I didn't do research. Just thought they could..
But after research, it became clear that others basically killed them off.

I wouldn't invest in a stock that I'm not confident in...
that's one of the reason why I'm still not into trading..
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  #636  
Old August 12, 2017, 07:38 AM
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Quote:
Originally Posted by SportingBD

You see when I made that call.. I didn't do research. ..
hindsight is 20/20. Even if you had all the data in the world (you did), you would have made that call simply because you don't know how to process data. Sorry to be blunt.
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  #637  
Old August 12, 2017, 07:47 AM
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Quote:
Originally Posted by iDumb
hindsight is 20/20. Even if you had all the data in the world (you did), you would have made that call simply because you don't know how to process data. Sorry to be blunt.
Alhamduillah. So far with Data and Market research most of my stocks have been pretty accurate. Of course you can't always get it right.

Usually we compete at work with colleagues, and most often than not my stock selection have been good. I got some wrong for sure, but 90% of the time get it right.

My only fear is..if I start to trade for real.. I will become too bias and over analyse things..
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  #638  
Old August 12, 2017, 07:52 AM
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Sometimes I purposely go against the market research data etc..

In the hope that if it hits your just a BIG winner..but if you lose...that's it..
Realistically this doesn't work in reality.
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  #639  
Old August 12, 2017, 10:50 AM
iDumb iDumb is offline
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Quote:
Originally Posted by SportingBD
Alhamduillah. So far with Data and Market research most of my stocks have been pretty accurate. I got some wrong for sure, but 90% of the time get it right.

..
This again does not make sense. What does that mean you got 90% right? In an up market you can randomly choose stocks and say it will go up and guess what 90% of the time you will be "right" and vice versa saying it will go down in a down market.

Should North Korea in the unlikely chance shoot a missile toward Guam this month... it doesn't matter what marvelous stock you pick they will go crashing.

I will let you ponder what constitute a good stock pick....and when you can say "i got that call RIGHT"....

You can still make the right call on SNAP and revisit 3 years from now. :p
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  #640  
Old August 12, 2017, 11:08 AM
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Quote:
Originally Posted by iDumb
This again does not make sense. What does that mean you got 90% right? In an up market you can randomly choose stocks and say it will go up and guess what 90% of the time you will be "right" and vice versa saying it will go down in a down market.

Should North Korea in the unlikely chance shoot a missile toward Guam this month... it doesn't matter what marvelous stock you pick they will go crashing.

I will let you ponder what constitute a good stock pick....and when you can say "i got that call RIGHT"....

You can still make the right call on SNAP and revisit 3 years from now. :p
Usually we pick some stocks, and have a time period of one year, its only between us colleagues, like a competitive but friendly game. We pick around 6 to 8 stocks and watch how they perform, what return you get. We try to take advantage of our database that has different kind of rating models, analysis tools etc. Than we would pick our stock.

I chose stocks like Amazon, Sky Plc, Moody's Corporation, FB from others. My worst stocks included some EU companies, usually its hard to understand their market (sometimes they have scandals, where the accountants inflate their numbers), this also happens for known markets, but less common.

It's much easier when you do proper analysis, but also.. sometimes even though you do those analysis, it doesn't mean you are right or will be right.. some odd things come up.. external factors.. which you just cant control.
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