The New “What did you do with your Z today” (with off topic replies) XXXX

eastwest2300 · 11-20-2022, 03:39 PM

terrible news...

God-Speed · 11-21-2022, 06:44 AM

Good Monday Morning All. 41* to start the day with a high of 47* and 70% chance of more rain.

Just a few more days to go until Turkey Day. So time to get this Monday Rocking.

Hope you all have a Great Monday. Stay Safe, Stay Positive and Keep Moving Forward.

danegrey · 11-21-2022, 08:28 AM

Going up to the low 50's today
Last day of PT on my shoulder (I hope)
start getting those xmas wish lists ready - that is if you have been good.
34 days to Xmas and 3 days to Thanksgiving

vtec to vvel · 11-21-2022, 11:02 AM

Happy Monday (Wednesday) Everyone!

vtec to vvel · 11-21-2022, 01:57 PM

For the central Florida peeps, has anyone had any experience with the shop Fever Racing (formerly Z Fever) in Tampa, FL?

eastwest2300 · 11-21-2022, 07:26 PM

ssup dudes.

Rusty · 11-21-2022, 10:02 PM

God-Speed · 11-22-2022, 06:44 AM

Good Tuesday Morning All. 44* to start the day with a high of 56* and 10* chance of more rain.

Have a good one guys. Time to hit the gym to get ready for Turkey Day.

Stay Safe, Stay Positive and Keep Moving Forward.

danegrey · 11-22-2022, 08:31 AM

Still trending warm for a couple of day
Last day of PT on my shoulder - I was wrong, they want to work on some other back muscles too

33 days to Xmas and 2 days to Thanksgiving

vtec to vvel · 11-22-2022, 08:40 AM

Happy Tuesday (Friday's Eve) Everyone!

FL 4Motion · 11-22-2022, 10:27 AM

Quote:

Originally Posted by vtec to vvel

Reading up on the latest with crypto (but taking the media with a grain of salt). IMO, it's literally the same scenario that led up to the housing market crash in the late 2000s, but on a much smaller scale.

All my co-workers laughed at me for not getting into it. "The greater the risk, the greater the reward." Yes, the potential to make bank was there, but crypto is such a volatile investment that is not regulated, and that's what kept me away.

My take is it’s less like the housing bubble crash of 2008 and much more like the dot com bust of 2000. Prior to the dot com bust, any shitbag company with a .com in their name was getting massive capital investment and IPOs were premature and super overvalued. Most companies were bleeding $$$ with the philosophy of rapid growth to hell with any semblance of fundamentally sound business plans etc. we were in an era of easy money and therefore the market and investors were as per usual in these type of times, reckless. All bubbles burst and the chaff was separated and discarded from the wheat. Remember pets.com. Also remember starrtups like Amazon and google etc. the companies with real value and good business practices with product or services that provide something survived. They went thru a period where their valuations were really depressed and it was an incredible buying opportunity.

Same is happening in the crypto space now. We are seeing the bubble burst bc $$$ isn’t cheap anymore and speculative investments are the first to crater. A lot of crypto will go the way of pets.com but the few with real utility and/or value will survive and for a while be cheap to invest in.

The lack of SEC regulation in the crypto space is (hopefully) coming to an end. Anyone who actually believed the powerful forces (central banks, billionaires, banking system, USA GOVT, etc) would let their system be upended by crypto in some libertarian wet dream fantasy were fools and stupid in all honestly. At this point in time iiirc the only SEC compliant crypto investment vehicle is a bitcoin futures etf. We will eventually see a SPOT etf once regulators clamp down, and when that happens it will begin to grow again but the shitcoins and retarded nfts will be gone.

There is no secret to building wealth. Anyone can do it by regular investment in an intelligently set up portfolio of stocks, bonds and a long term focus. Get rich quick is code for lose it all overnight. It takes DECADES of investing regularly to hit your targets but it’s not easy but very straightforward. Discipline and an iron will are all that’s necessary.

FL 4Motion · 11-22-2022, 10:31 AM

Quote:

Originally Posted by vtec to vvel

For the central Florida peeps, has anyone had any experience with the shop Fever Racing (formerly Z Fever) in Tampa, FL?

I responded in the other thread you posted in about needing a z mechanic. I think it was the fl thread iirc.

Pintsize725 · 11-22-2022, 10:58 AM

Hey all. I'm finalizing the 2023 calendar tonight and wanted to see if anyone else wanted one before I submit the order. Shoot me an email if interested: tracie@apexatxmedia.com

Have a great Thanksgiving!

vtec to vvel · 11-22-2022, 11:46 AM

Quote:

Originally Posted by FL 4Motion

My take is it’s less like the housing bubble crash of 2008 and much more like the dot com bust of 2000. Prior to the dot com bust, any shitbag company with a .com in their name was getting massive capital investment and IPOs were premature and super overvalued. Most companies were bleeding $$$ with the philosophy of rapid growth to hell with any semblance of fundamentally sound business plans etc. we were in an era of easy money and therefore the market and investors were as per usual in these type of times, reckless. All bubbles burst and the chaff was separated and discarded from the wheat. Remember pets.com. Also remember starrtups like Amazon and google etc. the companies with real value and good business practices with product or services that provide something survived. They went thru a period where their valuations were really depressed and it was an incredible buying opportunity.

Same is happening in the crypto space now. We are seeing the bubble burst bc $$$ isn’t cheap anymore and speculative investments are the first to crater. A lot of crypto will go the way of pets.com but the few with real utility and/or value will survive and for a while be cheap to invest in.

The lack of SEC regulation in the crypto space is (hopefully) coming to an end. Anyone who actually believed the powerful forces (central banks, billionaires, banking system, USA GOVT, etc) would let their system be upended by crypto in some libertarian wet dream fantasy were fools and stupid in all honestly. At this point in time iiirc the only SEC compliant crypto investment vehicle is a bitcoin futures etf. We will eventually see a SPOT etf once regulators clamp down, and when that happens it will begin to grow again but the shitcoins and retarded nfts will be gone.

There is no secret to building wealth. Anyone can do it by regular investment in an intelligently set up portfolio of stocks, bonds and a long term focus. Get rich quick is code for lose it all overnight. It takes DECADES of investing regularly to hit your targets but it’s not easy but very straightforward. Discipline and an iron will are all that’s necessary.

Good comparison. And your point on the lack of regulation is the reason I compared the crypto meltdown to the housing bubble. Before the housing crash and before the government bailouts, mortgage lending was not regulated (and if it was, no where near to what it is now). There were a bunch of toxic MBS’s where borrowers had multiple mortgages they didn’t qualify for, coupled with predatory lending practices. Remember Lehman Brothers? They mass-liquidated their securities before the crash.

With crypto being on a global scale, not sure how this could be regulated. Even if there was 1 universal policy, different countries will have different thresholds and, unless it was one of those policies of “this is it – take it or leave it”, IMO I think it would be impossible for everyone to come to a meeting of the minds.

Quote:

Originally Posted by FL 4Motion

I responded in the other thread you posted in about needing a z mechanic. I think it was the fl thread iirc.

Thanks man! I'll take a look

FL 4Motion · 11-22-2022, 12:43 PM

Quote:

Originally Posted by vtec to vvel

Good comparison. And your point on the lack of regulation is the reason I compared the crypto meltdown to the housing bubble. Before the housing crash and before the government bailouts, mortgage lending was not regulated (and if it was, no where near to what it is now). There were a bunch of toxic MBS’s where borrowers had multiple mortgages they didn’t qualify for, coupled with predatory lending practices. Remember Lehman Brothers? They mass-liquidated their securities before the crash.

With crypto being on a global scale, not sure how this could be regulated. Even if there was 1 universal policy, different countries will have different thresholds and, unless it was one of those policies of “this is it – take it or leave it”, IMO I think it would be impossible for everyone to come to a meeting of the minds.

Fuckkk, my iPad just died after I wrote a goddanm novel in response.

Quick cliff notes. Direct crypto ownership can’t be regulated like you said, already have SEC regulated/ compliant bitcoin futures etf. Spot etf/index crypto fund investment is coming. It will be an indirect way to invest in crypto just like s&p 500 is for stocks and will open up the space to a shitton more “regular” investment. This is the recovery imo that will happen for crypto but it will take years maybe decades for the valuations to get back to their pre crash peaks.

Big us banks already offer custodial crypto accounts for direct ownership short of cold storage. They are no more safe than the online exchanges that have gone kaput etc except they are professionally managed more established. These type of accounts will eventually receive SEC blessing ie SIPC coverage to encourage investment.

Direct crypto ownership will never be regulated or protected just like any other commodity. If you own physical gold (equivalent to cold storage) you’re on your own and it’s super cumbersome and risky- theft, loss, misplacement, unable to remember where you put it etc.

I had a better answer but Fvck it.

Thanks man! I'll take a look

See @bove, I’m all discombobulated.

11-20-2022, 03:39 PM	#8146 (permalink)
eastwest2300 A True Z Fanatic Join Date: May 2010 Location: South FL Posts: 90,983 Drives: '16QX70/'21 Supra3.0 Rep Power: 2684550	terrible news... vtec to vvel likes this. __________________ Infiniti QX70 & Toyota Supra 3.0 Premium

11-21-2022, 06:44 AM	#8147 (permalink)
God-Speed A True Z Fanatic Join Date: Sep 2010 Location: Austin, Tx. Posts: 4,364 Drives: Prototype Rep Power: 2684377	Good Monday Morning All. 41* to start the day with a high of 47* and 70% chance of more rain. Just a few more days to go until Turkey Day. So time to get this Monday Rocking. Hope you all have a Great Monday. Stay Safe, Stay Positive and Keep Moving Forward. sx moneypit and old guy like this.

11-21-2022, 08:28 AM	#8148 (permalink)
danegrey A True Z Fanatic Join Date: Oct 2011 Location: Knoxville Age: 71 Posts: 3,190 Drives: 12 370Z BK Cherry M6 Rep Power: 649540	Going up to the low 50's today Last day of PT on my shoulder (I hope) start getting those xmas wish lists ready - that is if you have been good. 34 days to Xmas and 3 days to Thanksgiving Rusty, sx moneypit and old guy like this. __________________ Lots of Changes the Z needs to be driven and driven hard for the car lives for it

11-21-2022, 11:02 AM	#8149 (permalink)
vtec to vvel A True Z Fanatic Join Date: Feb 2015 Location: 813 Posts: 3,915 Drives: 13 Z Rep Power: 502909	Happy Monday (Wednesday) Everyone! danegrey, Rusty, sx moneypit and 1 others like this. __________________ Don't like what I post? Too bad. I really don't give a sh!t

11-21-2022, 01:57 PM	#8150 (permalink)
vtec to vvel A True Z Fanatic Join Date: Feb 2015 Location: 813 Posts: 3,915 Drives: 13 Z Rep Power: 502909	For the central Florida peeps, has anyone had any experience with the shop Fever Racing (formerly Z Fever) in Tampa, FL? __________________ Don't like what I post? Too bad. I really don't give a sh!t

11-21-2022, 07:26 PM	#8151 (permalink)
eastwest2300 A True Z Fanatic Join Date: May 2010 Location: South FL Posts: 90,983 Drives: '16QX70/'21 Supra3.0 Rep Power: 2684550	ssup dudes. danegrey likes this. __________________ Infiniti QX70 & Toyota Supra 3.0 Premium

11-21-2022, 10:02 PM	#8152 (permalink)
Rusty Ronin Samurai - Assassin Join Date: Dec 2011 Location: Fayettenam,Pennsyltucky Age: 68 Posts: 35,216 Drives: 2011 Nismo GM 6M Rep Power: 2684438	God-Speed, danegrey, sx moneypit and 2 others like this. __________________ 浪人 - 殺し屋 "The Difficult Anytime, The Impossible By Appointment Only" http://www.the370z.com/members-370z-...o-journal.html

11-22-2022, 06:44 AM	#8153 (permalink)
God-Speed A True Z Fanatic Join Date: Sep 2010 Location: Austin, Tx. Posts: 4,364 Drives: Prototype Rep Power: 2684377	Good Tuesday Morning All. 44* to start the day with a high of 56* and 10* chance of more rain. Have a good one guys. Time to hit the gym to get ready for Turkey Day. Stay Safe, Stay Positive and Keep Moving Forward. Rusty, sx moneypit, vtec to vvel and 2 others like this.

11-22-2022, 08:31 AM	#8154 (permalink)
danegrey A True Z Fanatic Join Date: Oct 2011 Location: Knoxville Age: 71 Posts: 3,190 Drives: 12 370Z BK Cherry M6 Rep Power: 649540	Still trending warm for a couple of day Last day of PT on my shoulder - I was wrong, they want to work on some other back muscles too 33 days to Xmas and 2 days to Thanksgiving Rusty, sx moneypit, vtec to vvel and 2 others like this. __________________ Lots of Changes the Z needs to be driven and driven hard for the car lives for it

11-22-2022, 08:40 AM	#8155 (permalink)
vtec to vvel A True Z Fanatic Join Date: Feb 2015 Location: 813 Posts: 3,915 Drives: 13 Z Rep Power: 502909	Happy Tuesday (Friday's Eve) Everyone! Rusty, sx moneypit, old guy and 1 others like this. __________________ Don't like what I post? Too bad. I really don't give a sh!t

11-22-2022, 10:58 AM	#8158 (permalink)
Pintsize725 A True Z Fanatic Join Date: Jan 2012 Location: Austin Posts: 14,196 Drives: 2016 Mazda 6 Rep Power: 211844	Hey all. I'm finalizing the 2023 calendar tonight and wanted to see if anyone else wanted one before I submit the order. Shoot me an email if interested: tracie@apexatxmedia.com Have a great Thanksgiving! __________________ Tracie

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