I wasn’t aware we had fortune tellers in here.
It’s where “you” invest your money. I’m not telling anything. I did start several pharma shorts this week. Feel free to predict your picks. My track record here def isn’t 100% but it’s def been more in the money then not…
Lol, it was just a light-hearted joke. Hard to convey online though I suppose.
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Puts on the S&P have been paying me out for the last month
If anyone followed these trades your welcome. You will all be receiving an invoice.
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According to my recent expense chart, I have been ‘investing’ the bulk in Costco gas.
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I’m an EXPERT in picking the market TOP.
I bought Bitcoin at $68,000 and Luna at $116.
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Let us know what you are getting into next
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Can you buy a house soon dude
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Now let’s hope that you don’t fall for that Luna 2.0 crap.
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ah the 20 year old gallardo part of the finance bro starter kit
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The whole crypto space is a big scam. 99% of the coins are obvious rug pulls, fed over and over by the same degenerate gamblers. The luna crash didn’t surprise me at all. I get mild amusement because after it’s happened a thousand times already anybody still losing money in these silly things has to have been asking for it. The only “stable” ones like bitcoin still offer exactly, precisely no utility whatsoever and remain nothing but a speculative gamble. And bitcoin is underpinned by almost certainly the biggest fraud in history by market cap (tether). Bitcoin, which is limited by something like 7 transactions a second globally has no utility at all as a currency, so is only traded by exchanges wrapping around claimed ownership of coins, thereby removing any semblance of decentralization anyway. In case you can’t tell I’m bearish on crypto 
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I’m pretty sure it’s all just a beta test for a new global digital currency. That’s the only reason I think it’s lasted this long. DARPA has been involved in it since the beginning.
When you realize every country is in debt more then they could ever possibly pay back then you see their need for a new global standard. The control freaks at the top can’t wait for its implementation. We’re just one more major event, like coronavirus, to get us there. People will be begging to be saved if supply chains shut down again, coupled with current inflation, it would be a literal disaster.
Problem, reaction, solution.
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Submariners are dropping under $10k again for the first time in awhile. Some of the crypto bros are hurting.
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I think the LUNA crash is 100% is on the SEC. SEC subpoenaed Luna last year sometime in October (I think), and somehow that didnt make news. Whether the SEC dragging their feet on regulation was intentional or not, I guess only time will tell.
The problem that I’m seeing is a lot of this money that’s in “crypto” or “defi” is from Wall Street and VCs. And their applying old world thinking to a completely new asset class. We saw this with Terra Luna for example. Terra Luna did exactly what the US dollar did that was rehypothecate “deposits” which create more claims then there are Luna. It’s a game of musical chairs, and when the music or when faith is lose and there was a “bank run” the funds were not there. Notice how fast the collapse happened! This is how fast new blockchain technology settles (for bitcoin its 10minutes). If this happened on Wall Street, hedge funds and brokers would go to the clearing houses, which would take much much longer. This will continue to happen and honestly I say good riddance.
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You know I’m a summer finance intern… right?
Where’s my Lambo, all I have is a TRX. /s
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That’s what happens when you go to MS instead of GS.
I think we discussed watches on another thread but what’s your best spots? I need a datejust for wifey.
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Bitcoin layer 1 is slower and that’s intentional. It takes ten minutes for the transaction to settle AND finalize with irreversibility. Bitcoin’s layer 1 is often compared to Visa and others but it’s not an accurate comparison because Visa is not layer 1. It’s best to compare Visa to Bitcoin’s lightning network. The Lightning Network is capable of handling 1,000,000 transactions per second.
Edit: I would also like to say when it comes to bitcoin’s addresses, no one can really tell who owns what and I would go further to say there more claims to bitcoin then there are bitcoins on the exchanges.
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