Take corruption and waste outta gov and we’re debt free in 3 years then tax cuts across the board for everyone
OT: 11 Bitcoin ETFs Approved by SEC.
- Thread starter Ward Jr
- Start date
All politicians shell out money to their corporate supporters. Politicians understand that a huge amount of money shelled out to their corporate donors will come back to them in the form of campaign donations. It’s called Crony Capitalism. It’s also why solar and wind corporations end up in bankruptcy without government subsidies.
Interesting. I don’t believe in any kind of price controls, but the word “temporary” tells me it’s Trump learning to fight Dems on their own turf: Promise anything to get elected.
Could be. Though 25-30% is outrageous and taking advantage of those who simply don't understand the basics.
"After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight!"
Jesse Livermore
Jesse Livermore
Watching my crypto positions VERY closely. All my positions (8) are in miners, for leverage purpose. The problem with miners is that most will go bankrupt. I hope I'm smart enough to recognize when to GTFO of them. Could go into etfs. But many of the etfs are loaded with miners. And I avoid the "ultra" etfs due to decay (learned my lesson about that many, many moons ago). So, when I do pull the trigger, I may just go to cash.
750,000 bogus names removed since last election.
"But we can't have VOTER ID because there's at least 3,000 people across America that live in caves who don't have access to even water..."
"But we can't have VOTER ID because there's at least 3,000 people across America that live in caves who don't have access to even water..."
Yep. Ideally, the continue to push crypto until they get broken up into a million pieces.
Median new US home price in #bitcoin
2012 - 50,616 $BTC
2013 - 19,127 $BTC
2014 - 351 $BTC
2015 - 901 $BTC
2016 - 697 $BTC
2017 - 323 $BTC
2018 - 24 $BTC
2019 - 84 $BTC
2020 - 46 $BTC
2021 - 10 $BTC
2022 - 20 $BTC
2023 - 14 $BTC
2024 - 8 $BTC
2012 - 50,616 $BTC
2013 - 19,127 $BTC
2014 - 351 $BTC
2015 - 901 $BTC
2016 - 697 $BTC
2017 - 323 $BTC
2018 - 24 $BTC
2019 - 84 $BTC
2020 - 46 $BTC
2021 - 10 $BTC
2022 - 20 $BTC
2023 - 14 $BTC
2024 - 8 $BTC
Trump white house + republican senate = unambiguously bullish for crypto. Biggest winners are those altcoins with strong fundamentals (and even large cash flows) that haven't been able to monetize or distribute value to tokenholders due to regulatory constraints. Macro - we're seeing dollar (DXY) strong (and probably because of that, gold and silver weak in dollar terms), bond yields up small, equities strong. IMO, that's a setup for a healthy sustained rally in crypto (if that macro pattern continues). If we saw BTC spiking with gold on geopolitical chaos, that'd be less sustainable, far more likely to revert. But this? IMO, feels like we trend higher for next 6-12 months generally. Market microstructure currently fairly calm, moderate leverage in the system at moderate funding rates. If/when bull market progresses and leverage builds up, we should expect more volatility and spiky liquidations on the path higher.
Probably nothing. Approximately 17 million in circulation. Global currency. Do the math.
Bitcoin pushed above 81,000 tonight. Looking good for 100,000. But it has not been an impulsive move. So, it may back and fill a range a bit. Crypto currently makes up 6% of my total portfolio.
