It really is the roaring 20s all over again! Hell yes! Even have Republicans in charge of everything again! Party like it’s 1928!!! /s
When this bubble pops we are all fucked.
Not everyone, just the avarage person. Billionaires will be just fine and completely safe frome the consequences.
They’ll probably make way more money still, somehow
The worst thing is everyone’s 401k is gonna be left holding the bag.
I called it way WAAAAY before Trumpocalypse. I said “they shut down services and fuck over customers all the time, why not fuck over a frail old man, who then won’t have the money for a lawyer?”.
Platinum bars are the only retirement plan worth investing in.
Man, all this time the BUY GOLD grandpas were right.
Short it and short it often. If enough people did it would really suck for the doge nazi.
Please have at least some knowledge of how the stock market works before uttering bullshit.
I do pud puller.
Needs more Joker. Not the meme, the literal, actual Joker.
My controversial opinion:
We did this with sci-fi.
Too many people think their future actually looks like Star Trek or Mars terraforming movies or whatever, and buy Musk’s claim he’s going to make humanity an interplanetary race.
But it doesn’t work like that.
Space travel is impossibly hard. It is just impractical for human bodies, as they exist now, outside of specific scientific missions. Physics dictates that it is expensive. Quantify it, and basically, civilization woukd have to advance to a point where our Earth problems are already trivial to even begin mass manned space travel.
Don’t get me wrong, I’m all for drone work in space, crazy science missions, and beautiful, hopeful speculative sci fi.
But I feel like the population needs a cold bucket of water. Space travel is not going to save us; Earth is all we got for now.
As proven by the voting public, too many people live in a fantasy land where the impossible is possible, like making lying cheaters into honest presidents. I don’t understand what benefit anybody thinks they could get from a space station on Mars. It’s not like they’re gonna get to live there or get any of the benefits from it. It must be the same people that refused to place any restrictions on Billionaires, like taxes, somehow they think a billionaire based on Mars is good for them.
That’s exactly what they think. They literally think Elon Musk is going to take them to Mars and automate work with AI robots and such, because nothing in their information sphere ever contradicts it.
It’s not fair to expect the average person to understand orbital mechanics, but putting them in an information bubble like Musk has is not fair to them.
It would probably work out better for everybody if he actually did take them to Mars.
True, but at this point, I’m not sure if we even deserve the earth we are on.
I have no economic knowledge or trading ability, here’s my very important prediction…
…this is a huge rug pull and the billionaires in on it are going to make a lot of money.
Man this is great! My theory is the simulation ends when the first person hits a trillion. If that’s the case then this hellscape is almost over everyone! Someone finally won the damn game and we can all log out!
Aahh man so then we all gotta start fresh on a new server? Geez never a relaxing moment
I’m ready for a new game - this one sucks
monkey paw: New Game +,
O well, I’m not skipping Bitcoin this time!
No health Regen this time, every scratch bleeds you to death. You can still keep your stuff from the previous game 😘
That just liife at 40.
Yeah this one is so buggy and I swear I have like 2000ms
Somebody’s been watching Sword Art Online.
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Yea, we should be getting the server is going down message any time now, right? …. Right guys? guys?
I love Don Hertzfeldt’s stuff! Thanks for reminding me. It’s been a while since I’ve watched any of his animations.
The admins have decided that most of us can take so much more absurdity before we break. This experiment is sick, I tell you.
Shits starting to feel like the Stanford prison guard experiment
The game rules were written using the long scale, so the guy is actually becoming the first billionaire.
Indistinguishable from people who say we need to create greater Israel so that God ends the world
Well that’s a huge reach off of a shit post.
Taking that awfully seriously for a shitpost
MBS has been there for a while
MBS?
Saudi Arabia’s king.
A theoretical trillion or a real trillion though?
That was the case, but they got a new grant and now the simulation goes to quadrillion
Holy fuck your mod log is… Christ…
Mostly from people overreacting and misattributing malice. Literally some of the most innocuous shit gets misinterpreted and then things spiral
I dunno man, as someone married to trans person, who also has a girlfriend who’s transgender, you’re kind of a straight up asshole.
What is the normal ratio of annual revenue to valuation?
10x
Nvidia trades at x22
Something bellow 4. Something bellow 7 in industries that need a lot of capital to make a little revenue.
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Everybody here is talking about P/S, not P/E.
SpaceX P/E is negative.
10x is considered normal for big corpos.
For growing companies and startups with (perceived) bright future it can go up to 40x, but only for a short time during initial growth stage.Edit: SpaceX P/E ratio at the IPO is 94. Which is insane.
You mean Tesla, right?
Because SpaceX just got 25% over their 94x guess…
Here’s my theory; the volume of trading was tiny, Yahoo finance says $500M. This is chump change that any of the billionaires that bought into X can throw in without thinking about it. What’s stopping these people from propping up the value up until they can get it into the index funds and then dumping the bag on the consumer? Nothing.
It really does amaze me how so many people give him the time of day. I’m not sure his presence in any venture has been a net positive for them at the end of the day.
Every company he has ever touched succeeded at what they were doing despite his constant fuckery.
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For a startup.
When you have a virtual monopoly and are the company with the world’s highest valuation, you shouldn’t be in growth mode anymore. This valuation is bananas
It will never not be funny to me that most white supremacists look like their mom drank bleach in order to abort them.
Behold, the master race:
Damn. That’s the face of a man that aliens would take a look at and go nope not abducting this one.
The face of delight.
“Am I shitting my pants right now or is someone else shitting them?”
Donnie is understandably mad that Elon interrupted his work-time nap.
