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Apple's Stock Closed at All-Time High Today Ahead of Earnings Results Next Week

BuddyTronic said:
Chicken little stories like your guaranteed bubble bursting
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Please read and review stock market history including 2008, 2000 .com bubble, the great depression, the dutch tulips, Nikkei bubble, Black Monday...If stocks will keep going up forever no one will sell anything.

Why are you laughing at Dell? Dell was booming in the 1990s, and Michael Dell was the Elon Musk of that time. You can be as much of a fanboy as you like, but you have to be crazy to invest in Apple in 1996 when they were looking for financial help from Microsoft and news of bankruptcy. You can love the company, but its another thing to lose your money over it.
 
Oculus Mentis said:
NVDA has today the same potential of AAPL 10 years ago.
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Why do you say this? Nvidia only puts out GPUs and as far as silicon chip making, everyone starting their own trend of building their custom silicon chip. AMD is on the rise. You might be referring to the ARM processors? Last I heard that licensing ARM was not worth that much. The ARM processor is beneficial due to its RISC architecture, maybe we see an Intel RISC?!
 
BuddyTronic said:
Let me try to help you by briefly commenting on what you said here:

What you have said above does not seem to take into account the double digit services growth and subsequent increase of revenue from things that are not physical hardware products! Go check out how much revenue comes from services now.

There are also other reasons why we can say AAPL stock is undervalued.
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Apple seems to be elbowing their way to be a Comcast... the exact kind of company that gets a lot of backlash and has people doing what they can to cut it out of their life.

Is there any service people think Apple does better than others? Everyone has better TV, Spotify has better music, Dropbox and Google Drive both exist as alternatives to cloud storage...

Apple just has a super expensive "me too" bundle where they don't do anything particularly well.
 
BuddyTronic said:
True -

But this simply tells me that you do not yet know what can be done with Bitcoin that is valuable or useful.
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Blockchain may be useful, but the concept of a currency within the tech is far more questionable. People have to be confident in it, first and foremost. Dollars can also be completely digital.
 
BuddyTronic said:
Well, it's a bit off topic on the cryptocurrency stuff, but here are a few things that might lead you to find out more:

As a currency, Bitcoin is immune to inflation - there is a limited supply.

Bitcoin has intrinsic value in that transactions require computing horsepower. Bitcoin miners process transactions and are rewarded for their computing work and electrical energy consumption work with freshly minted Bitcoins. This is the price of security. Probably you are unaware of what bitcoin mining is all about - you certainly do not see the so-called experts on CNBC mentioning it anywhere - it's all a mystery to them and it's laughable. Even 10 years later and the talking heads on TV still do not get it.

Bitcoin can be fully transparent or it can be semi-anonymous as well. Both are possible and desirable attributes. You could donate $100 to a charity let's say, and then you could see if your donated funds are used for the charity as you expected, or whether some percentage was used to buy coffee and travel expenses for charity executives. How much of your charitable donations get to the real cause? Full transparency is in itself an amazing attribute adding value to this digital currency. Imagine paying your taxes and being able to trace every penny of your tax dollars to see where your taxes have been used by government?

Attention Charities: If you want to show off how well you are running your charity - do full transparency accounting so the donators can see the good that their money does within your well-managed charitable organization! Bitcoin can do that fairly easily - you just tag the addresses of every transaction. Now we can know if my donation is going to Starbucks or to where the money was supposed to go! I have my doubts sometimes. If 20% of a charitable donation has to go to "administration" - then show it to us - every penny! It's possible with Bitcoin.

Just like physical gold bullion, Bitcoin transcends any regulations and is a store of value, and additionally, can be transferred frictionlessly from anywhere to anywhere. It is decentralized.

I do not see dollars being able to duplicate what Bitcoin can do.
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Bitcoin was created out of thin air and whatever you think, they will be able to create more...it’s not immune to inflation. That’s wishful thinking and only something that would be in a Bitcoin pamphlet.

All your points are well-known to anyone familiar with crypto, which I am.

Gold is also a terrible investment, but it’s at least real and has industrial uses and is truly a limited resource. I would never invest in gold either, but it’s also not Bitcoin.

Everything you describe can be done with dollars...frictionless transactions, anywhere, digitally executed, etc.

Why do you think Bitcoin is valued in dollars? Everyone wants the dollars it represents...not the Bitcoin itself.
 
BuddyTronic said:
Nope - the supply is limited to 21M for BTC. Sorry - but you are wrong on that point for sure. How can you possibly claim to be familiar with Bitcoin and say that it is not immune to inflation?

You can copy the open source code and do what you want with your new copy of Bitcoin I suppose. That's been done already of course.

BTW - cash is created out of "thin air" every day - the bank has permission to create money with a few keystrokes based on your promise to repay your loans. Perhaps you do not really know what cash is either. Most people don't.

BTW - if you are familiar with Bitcoin as you say, why did you bring up the issue of "scarcity" a few posts back? There are many other attributes such as decentralization that make it so interesting.

Also - I'm not saying Bitcoin is an investment, and I agree with you about Gold as well. Bitcoin is valued in dollars or anything else for that matter, but the main point is that it is indeed valued, and of course there are good reasons for it. You should see that, was my thought. Hope I shed some light on it for you, and hope you become even more familiar with it.
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I am thinking ahead. They can create more of it. Yes, just like the money supply. I am all too familiar that printing dollars is a HUGE problem...one that will have to be dealt with and might end badly.

Decentralized is another pamphlet word. You should consider going door to door.
 
BuddyTronic said:
No - that is wrong, sorry. Show some References please as to why you think "they" can "create more of it". The supply has been dictated already, a long time ago, to something like approx 21 Million coins in total sometime by year 21XX. From a practical standpoint, there is also absolutely no need to "create more of it". Decimal places work well.

Also let's not insult each other, You have good insights into AAPL stock etc. and I mostly like what you say about most things.
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Good luck with Bitcoin.
 
BuddyTronic said:
Off Topic
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I appreciate the effort put in the historic anecdote, I guess being a pure fanboy rewarded you this time around but not everyone can say the same. Palm and BlackBerry fanboys are not so happy...financially wise that is...
 
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