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Congrats on BTC breaking 70k BTW. CPI up, record prices up 19%, although some say 18% since Bidens run on making more debt, he is killing us softly with his lies. Need new leaders who are not evil/completely corrupt/lie constantly/idiots/illegals, any or all need to go away.
https://www.msn.com/en-us/money/markets/trump-attacks-biden-for-through-the-roof-prices-here-s-how-much-they-ve-actually-risen-since-2021/ar-BB1jIBiv?ocid=entnewsntp&pc=U531&cvid=10e6efb6d0764c5d88b9c564b04791bd&ei=41
It was all about treasurer SM, it can all be unwound by Yellen. She can make everything whole, and tell FHFA dolts what to do.
they need to change capital levels, treasury can direct FHFA to do so, sea worm set them up like banks, it should be half the capital requirement, which is more then they had in 2008 when they were just fine until they became a dumping ground for Paulson and Co.
Treasury is also sitting on +100 billion of their profits, which is ripe for class actions once they screw up and convert anything.
all crypto is just a trade, which i have been doing, when the music stops all the fat ladies floating in mid air will create a thunder when their chair aint there anymore🥴. never seen so much denial of reality in markets and out in the streets where there is still anyone who is still a democrat, while Biden admin takes away everything around them. once that is done, he will take all their money too, and BTC is no acceptation, in fact, he will start with it since it impacts then all. Then the nut job illegals, heifers, and anti everyone, who hate the haves cause they have not, will go after everyone's pile of money and BTC. Every banana state starts out just like here, destruction from the inside, while the wealthy just keep hoarding, the street gets more angry and violent, and the rest think they can hide behind the money they are collecting, even in crypto. Why do you think facebook boy is hiding on Kauai up in Princeville area. even that schmuck knows what is coming.
I guess when u go into debt up to your eyeballs, u tend to try and protect your investments. although its ill gotten agenda, and the proof is in Ps rising as commons rise. sometimes you get laser focused and cant see anything but that dot. Just remember, anything good or bad can happen when many of the sectors are in a parabolic rise(biggest bubbles of all time rise), and they pop. I dont think GSEs are part of any of the market bubbles since they are so extremely under valued, but any disruption will impact then too. nothing goes straight up, and i just hope this get above my target before the insane wake up and find there is less than half the value in their investment then thought. There has never been a more perfect storm of denial in the markets as today. even before all of the rest of reckonings, you could see and feel the tremors, now its just up up up and defend it to the death, and to the death they will. insane.
cant deny that, i still say 5 in 2024 is on the agenda.
Strange statement.
That huge drop today must have been an ouch for sure.
Ps/common share haters have soiled shorts many times, I buy cases of depends for them if price gets to $5 this year…..
Mongo
He makes valid points, anyone wanting to invest at these stratospheric levels, especially when they are told it only goes up or it going to infinity, they need to know the risks involved. why does everyone who already owns it, never sells it or trades it, nor do they discuss risks, validate legit questions on halving, its 24/7 pump. why would anyone need to do that, and always attack anyone with contrarian views if it were not a pyramid? cmon man, it is a pyramid, biggest one of all time, PT Barnum of today is Saylor. Its all about risk as it goes up, and sure some were in it forever, yes they lucked out and will never see losses here, but that means nothing to someone buying at 70k.
I will reference this one at the end of the year. Lets see how high the wall climbs.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173493888
Mac is the place, go there and u see loony toony KTCarney, more facts here....
Mongo
Having said that about GSEs means one thing, bring your own crow......
Mongo
or was that 68.4, ah its all in the mix on the way up, everyone is a genius
Don’t know if this was posted.
https://www.zerohedge.com/technology/rivian-shelves-new-georgia-factory-latest-cost-cutting-measures
Mike too many whackos in crypto. I just float, and won’t be telling anyone my trades. I will say this ETF is one of the more safer ones. Never ever throw your pearls among swine, lest they trample on them.
I like the way u think Mike. It’s a good sign of good investment wisdom. If u don’t have tools u may end up like the fools.
welcome
strange days lately for miners, Gold taking off, at all time highs, and miners going sideways or down. Gotta do some research from 1999.
Mongo stay with Mac, too many PeaNutJobs on Mae.....
Mongo.
Most interesting thing this morning is the volume of sells at all time high, and how many block chains didnt follow it up, like they knew........strange morning.
then the concept of halving is meaningless, cause it directly applies to mining. in fact, if it did mean something, it would be bad for miners, cause they have to expend more energy to get the same results as before. of course logic and reason has completely left crypto world, im just riding the moronic wave.
I wish the P crowd would stop with the warrants, their Receivership fantasy never happened, and every time they bring it up its wrong, cause it was just insurance, not a random whim. only the young and the ignorant get scared and leave, or its used when stock is going up. just like all the Ps that seem to be exactly the same, they seem to rattle off one thing after another in succession, near the EOD, like it means something. They are not around so much cause P shares are going up too, which is ok.
its a good thing, it should continue, my goal is 2.5 to 3, then i dont care after that.
What I do know from decades of investing, once u are not an officer of the company, or a public servant, less that 20% ownership, u don’t have to disclose ownership through filing a schedule 13 form.
It’s safe to say there are a whale or 2 accumulating. But that is no reflection or certainty the stock does well.
this is nothing but a day trade, and i dont have time to watch it, so stay frosty.
call it 38.79 so far, BTC 68k.
some folks just pump, i am a technical and fundamental guy, crypto folks dont like anyone that understands either, they always post abstract useless info. Im glad this board is not full of them, and like it small.
The Pros are running this company, great results, great guidence.
SEC is and always was about stability, it has nothing to do with crypto personally, although i sure many will take it that way. Its not personal, his job is to keep stability in the markets, there certainly could be a hidden agenda in there, and thus, like with every other stock that can be charted, will show up technically no matter what is agenda is.
Velocity of money used to be very significant, and was important to Debt/GDP ratio. it crashed but nothing became of it so people stopped looking at it. guess what, its everything it used to be, printing of money for past 10 years has skewed everything, including real money value. its gonna show bigtime soon.
it may happen sooner or later, I see that level is possible, no denying it.
seems significant but most likely not a signal for BTC price. since i have never run into so much whacked out, hate filled personalities ever, in 60 years, like in Crypto world. Its hard to get real data, or fundamentals, in any crypto news outlet, its all BS.
Wow, SM is back in the lime light….and he brought none other than the man who tried to release us😂 u can’t make this stuff up. SM was one of the only ones to see the gold in the vaults since FDR. What did he really see?? His only comment was the gold was safe, duh, was it 1 bar or a million? It’s gonna all be huge.
https://www.zerohedge.com/markets/nycb-crashes-fresh-28-year-highs-report-need-cash-infusion
Which is why I do both. Why do lemmings always mock or laugh. The dysfunction is alarming, but will take care of itself over time.
This is not the place to talk gold, nor can it be understood here. Liken to a university professor talking to 3rd grade lemmings. I don’t want them in gold, I hope they never buy it. and the irony is everyone in BTC still uses gold to represent a packet of digits on a flash drive. Gold is real money, crypto is a place to make money, from the very dollar and symbolic gold they hate, the irony is inconceivable but real. I have never seen anyone use the BTC machines they have everywhere in California, in Texas and Florida, nobody used it. They sell it and use the dollars from it to buy stuff. If anything stick with a block chain the central banks will use. When the time comes the Fed will club BTC like a baby seal. I just hope I miss the swings while in crypto.
It’s 69.1…..wait it’s 61.9……ah they expected that. It’s was an unwritten statement in case it happened during the nauseous pumping 24/7 it can only go up statements. I feel much better knowing they expect these kinda thinks, but never say it. I feel so much better about all the data and fundamental and technical info Bitcoin owners provide. I feel comforted that when the dollar goes up BTC goes up, so when they say it’s insurance for the destruction of the dollar, I’m sure they have a replacement fiat to keep the price going up, I’m sure they realize almost all BTC buys are in dollars!!! What a pesky fiat in the way of bitcoin. Huh, is BTC money, currency, fiat, block chain, or a commodity??? Maybe it’s all of them!!!!
The lemmings predicted this cooling off period, Dey didn’t tell anyone, post anything, predict it before it happened….Dey just knew….after it happened….it was a cooling off period.
Kids, don’t do drugs.
My wife over the weekend told me to put her 401k into bitcoin......i knew then the top was in. (its an expression for all you lemming freaks). they will always say the top was today and not over the weekend, or the halving will quadruple the price, or some other childish statement, not a lemming i have met or talked knows anything logical or factual, just dumb luck 100%.