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re: Money Talk challenge (1 year update)

Posted on 5/9/23 at 7:05 am to
Posted by Big_Sur
Member since Nov 2012
1122 posts
Posted on 5/9/23 at 7:05 am to
Just seeing this.

quote:


I will formally challenge Big_Sur


Hilarious lol

I just finished up my public bet with Balaji, not sure I'm ready for another one yet. Will consider the terms but I've got a feeling this timeframe is US political based more than anything else.
This post was edited on 5/9/23 at 7:06 am
Posted by Big_Sur
Member since Nov 2012
1122 posts
Posted on 5/9/23 at 8:19 pm to
Ok I Love Bama, having known you for around 25 years I don't think escrow is necessary and I'd only do this to support one of the NGOs I'm involved with.

Here are my proposed terms:

- May 5, 2025 we'll compare what $1k would've done since May 5, 2023 in Bitcoin vs S&P.

If the Bitcoin is higher, I'll donate $1k; if S&P is higher, you donate $1k.

I'd prefer the beneficiary be Friends of Crestwood Park, but I'd also be fine with Ventana Wildlife Society, Vitamin Angels or Operation:USA.

But if you prefer to continue your regular contributions to Girls Without Father Figures of Columbia, that is fine as well.
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 5/9/23 at 8:23 pm to
quote:

Will consider the terms but I've got a feeling this timeframe is US political based more than anything else.


I think he’s timing the BTC halving cycle
Posted by I Love Bama
Alabama
Member since Nov 2007
37722 posts
Posted on 5/10/23 at 8:29 am to
quote:

Ok I Love Bama, having known you for around 25 years I don't think escrow is necessary and I'd only do this to support one of the NGOs I'm involved with.

Here are my proposed terms:

- May 5, 2025 we'll compare what $1k would've done since May 5, 2023 in Bitcoin vs S&P.

If the Bitcoin is higher, I'll donate $1k; if S&P is higher, you donate $1k.

I'd prefer the beneficiary be Friends of Crestwood Park, but I'd also be fine with Ventana Wildlife Society, Vitamin Angels or Operation:USA.

But if you prefer to continue your regular contributions to Girls Without Father Figures of Columbia, that is fine as well.


This will be fun.

Sounds good. If I win, you can give $1,000 USD to a family in need here in Colombia and I will record it to share here. ($1,000 USD is an insane gift here)



Side note: I will be in Auburn all summer. You and the wife should come down one weekend.
This post was edited on 5/10/23 at 8:33 am
Posted by I Love Bama
Alabama
Member since Nov 2007
37722 posts
Posted on 5/10/23 at 8:31 am to
quote:

I think he’s timing the BTC halving cycle


It's simple math.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80789 posts
Posted on 5/10/23 at 3:11 pm to
Surprised this isn't Bitcoin vs (Specific Stock). Would be a colossal failure for bitcoin not to beat the S&P over the next 2 years
Posted by I Love Bama
Alabama
Member since Nov 2007
37722 posts
Posted on 5/10/23 at 3:18 pm to
quote:

Would be a colossal failure for bitcoin not to beat the S&P over the next 2 years


It's impossible.

But Big_Sur is a good dude and he will be happy with his donation to the family here in Colombia.

Posted by Big_Sur
Member since Nov 2012
1122 posts
Posted on 5/10/23 at 3:38 pm to
The bet is: I lose, I donate to charity of my choice.

You lose, you donate to the Columbian lady of your choice.

It's a win:win for you - and I'll be donating to worthy causes regardless of this wager!


To the point of S&P vs BTC: I am confident S&P will be up 2 years from today. BTC might be worth $100k or might be $2k.
Posted by WG_Dawg
Hoover
Member since Jun 2004
86536 posts
Posted on 5/10/23 at 3:45 pm to
Colombia to Auburn sounds like quite the change of scenery
Posted by I Love Bama
Alabama
Member since Nov 2007
37722 posts
Posted on 5/10/23 at 3:56 pm to
quote:

Colombia to Auburn sounds like quite the change of scenery


Don’t remind me.
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
140462 posts
Posted on 5/10/23 at 5:16 pm to
Big Sur >>>>> anything in Bama fwiw
Posted by I Love Bama
Alabama
Member since Nov 2007
37722 posts
Posted on 5/10/23 at 8:05 pm to
I doubt he would disagree.
Posted by Big_Sur
Member since Nov 2012
1122 posts
Posted on 5/12/23 at 8:23 am to
I really should've lobbied for a shorter time frame.

50% of your net worth is down by 10% since then


Bitcoin technical analysis be like:
This post was edited on 5/12/23 at 8:49 am
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80789 posts
Posted on 5/12/23 at 4:00 pm to
Large swings is part of owning bitcoin
Posted by I Love Bama
Alabama
Member since Nov 2007
37722 posts
Posted on 5/12/23 at 4:06 pm to
quote:

50% of your net worth is down by 10% since then


Could disappear tomorrow and my life is exactly the same.

Bitcoin is math. I look forward to your $1,000.
Posted by go ta hell ole miss
Member since Jan 2007
13646 posts
Posted on 5/18/23 at 2:30 pm to
quote:

I made a decent amount of money on NVDA. Good choice.


NVDA is up about 12-13% since my post. BTC is down about 10%. NVDA is probably a 5-600 stock in 2025.
Posted by I Love Bama
Alabama
Member since Nov 2007
37722 posts
Posted on 5/18/23 at 4:57 pm to
So are you taking the bet and escrowing money or not?

Don’t bump threads unless you have the balls to put up cash like Big Sur.
Posted by go ta hell ole miss
Member since Jan 2007
13646 posts
Posted on 5/18/23 at 10:31 pm to
quote:

So are you taking the bet and escrowing money or not? Don’t bump threads unless you have the balls to put up cash like Big Sur.


I thought I took the bet on May 5th when I said NVDA will outperform.. BTC was about $29,500 and NVDA was about $280. I am not leaving $500-2000 in an escrow for two years. That’s dumb. I’ll just Zelle or Venmo you the money if you win, and you can do the same if I am right. Let’s just make it $1,000 instead of this $1500 range.

And, don’t go starting threads if you are going to get your feelings hurt by someone bumping it when you are already getting your teeth kicked in.

I am not a hater of BTC and have a relatively significant % of money in crypto.

I won’t bump your precious little thread anymore.
This post was edited on 5/5/24 at 12:45 pm
Posted by FLObserver
Jacksonville
Member since Nov 2005
14479 posts
Posted on 5/19/23 at 5:13 am to
quote:

NVDA is up about 12-13% since my post.


I believe this was my pick for stock pick of 2023 or was it NFLX? either way both have rocketed from their lows.
Posted by Big_Sur
Member since Nov 2012
1122 posts
Posted on 7/19/23 at 12:23 pm to
Just an update on current standings.

May 5th
BTC: $29,528.50
S&P 500: $4,136.25
NVDA: $286.80

July 19th:
BTC: $29,930.60
S&P 500: $4,566.49
NVDA: $469.69


% change:
BTC: +1.6%
S&P 500: +10.4%
NVDA: +63.8%

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