It isn't. The proof is clear. Even in the most brutal winter when all speculators have blown up with 90%+ losses, there are numerous and steady flow of confirmed transactions onchain. It's a zero storage cost, globally portable and censorship resistant store of value. Morally and philosophically you may not agree that people should ever use non traditional payment channels or be evading capital controls. But the demand will always exist. Especially as the world becomes more authoritarian, geopolitical uncertainty exists and governments keep printing money. Same with shiny rocks. The demand way outstrips industrial use. The price would be a fraction if that's the only use of it.

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Dumped that shit months ago :). Did "make" some money, but too lazy to calculate lost opportunity cost.

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But his y strike is $5 and the stock is at $73. At over 3K shares after exercising it seems to not reflect that? I’m not arguing cause options are very new to me. But it seems like his options cost him about $2k dollars and are now worth $65k . But 3K shares at $73 is 219,000! So I’m ok with being wrong but what am I missing?

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Oof. I bought RKLB last year at a cost of $25, so at least I'm feeling good about this one.

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You couldn't roll up and out? Its a long slog that usually doesn' warrant the opportunity cost but maybe do it once in the case of a retrace

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😭 my only saving grace is that I sold these at a strike above my average cost, so when I got assigned, I still made a profit

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What’s your avg cost for pltr?

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Ok so yes it seems you would be significantly up more to exercise the option then… if I understand this correctly which I’m fairly new to options. Seems you would be up more like 200k at current stock price? Deducting cost of shares. Thats wild good buy! Poor soul that has to sell you their shares!

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All new cars are like 50k now on average without features.... you might as well buy your dream car, because it is about the same cost.  

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Cost of living?  Do people not buy the dip?

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