Moderators: j4remi, NoLayupRule, HerSports85, GONYK, Jeff Van Gully, dakomish23, Deeeez Knicks, mpharris36
NYKinMIA wrote:Garbagelo wrote:My most accurate indicator has printed a bullish print
Same indicator that predicted July bottom and 2019 bottom as well as May top and Oct top
What indicator is that bruh? I'm still on my journey seeking that alpha.
This thread has become comedy with the normie fudsters praying for doom.
Garbagelo wrote:NYKinMIA wrote:Garbagelo wrote:My most accurate indicator has printed a bullish print
Same indicator that predicted July bottom and 2019 bottom as well as May top and Oct top
What indicator is that bruh? I'm still on my journey seeking that alpha.
This thread has become comedy with the normie fudsters praying for doom.
It has printed but it hasn't confirmed and it won't until after Sunday close
Right now it is looking very dicey
Squeeze_momentum
Stannis wrote:That nickel news is huge but isn't making that much headlines yes?
This is much bigger than GameStop imo. Trades were actually hated and CANCELLED because a hedge fund would lost billions of dollars????
WASHINGTON (AP) — President Joe Biden is signing an executive order on government oversight of cryptocurrency that urges the Federal Reserve to explore whether the central bank should jump in and create its own digital currency.
The Biden administration views the explosive popularity of cryptocurrency as a call for acting with urgency to look at the risks and benefits of digital assets, said a senior administration official who previewed the order on the condition of anonymity.
As part of the order being signed Wednesday, the Treasury Department and other federal agencies are to study the impact of cryptocurrency on financial stability and national security.
*****
The executive order has been widely anticipated by the finance industry, crypto traders, speculators and lawmakers who have compared the cryptocurrency market to the Wild West.
*****
As for the Federal Reserve getting involved with digital assets, the central bank issued a paper in January that said a digital currency “would best serve the needs” of the country through a model in which banks or payment firms create accounts or digital wallets.
Some participants in digital currency welcome the idea of more government involvement with crypto.
Adam Zarazinski, CEO of Inca Digital, a crypto data company that does work for several federal agencies, said the order presents the opportunity to provide “new approaches to finance.”
“The U.S. has an interest in growing financial innovation,” Zarazinksi said. He added that China and Russia were looking at crypto and building their own currency. More than 100 countries have begun or are piloting their own digital sovereign currency, according to the White House.
Katherine Dowling, general counsel for Bitwise Asset Management, a cryptocurrency asset management firm, said an executive order that provides more legal clarity on government oversight would be “a long term positive for crypto.”
But Hilary Allen, a financial regulation professor at American University, cautioned against moving too fast to embrace cryptocurrencies.
“I think crypto is a place where we should be putting the brakes on this innovation until it’s better understood,” she said. “As crypto becomes more integrated into our financial system it creates vulnerabilities not just to those who are investing in crypto but for everybody who participates in our economy.”
On Tuesday, the Treasury Department said its financial literacy arm would work to develop consumer-friendly materials to help people “make informed choices about digital assets.”
“History has shown that, without adequate safeguards, forms of private money have the potential to pose risks to consumers and the financial system,” said Nellie Liang, undersecretary for domestic finance.
.
HarthorneWingo wrote:
robillionaire wrote:HarthorneWingo wrote:
This is sad
Here, here’s the same TV show 8 years ago, still trying to FUD BTC, it was $500 in February 2014 now it’s $40,000, as his audience applauds and barks like seals about how stupid it is
https://www.cc.com/video/5ejojm/the-daily-show-with-jon-stewart-mt-gox-s-missing-bitcoins
It’s not healthy for a show to still be this salty about missing out lol
HarthorneWingo wrote:robillionaire wrote:HarthorneWingo wrote:
This is sad
Here, here’s the same TV show 8 years ago, still trying to FUD BTC, it was $500 in February 2014 now it’s $40,000, as his audience applauds and barks like seals about how stupid it is
https://www.cc.com/video/5ejojm/the-daily-show-with-jon-stewart-mt-gox-s-missing-bitcoins
It’s not healthy for a show to still be this salty about missing out lol
Is it worth $40,000 in U.S. dollars? Can you cash out and and buy a boat with it?
HarthorneWingo wrote:robillionaire wrote:HarthorneWingo wrote:
This is sad
Here, here’s the same TV show 8 years ago, still trying to FUD BTC, it was $500 in February 2014 now it’s $40,000, as his audience applauds and barks like seals about how stupid it is
https://www.cc.com/video/5ejojm/the-daily-show-with-jon-stewart-mt-gox-s-missing-bitcoins
It’s not healthy for a show to still be this salty about missing out lol
Is it worth $40,000 in U.S. dollars? Can you cash out and and buy a boat with it?
NYKinMIA wrote:The salt is real
HarthorneWingo wrote:robillionaire wrote:HarthorneWingo wrote:
This is sad
Here, here’s the same TV show 8 years ago, still trying to FUD BTC, it was $500 in February 2014 now it’s $40,000, as his audience applauds and barks like seals about how stupid it is
https://www.cc.com/video/5ejojm/the-daily-show-with-jon-stewart-mt-gox-s-missing-bitcoins
It’s not healthy for a show to still be this salty about missing out lol
Is it worth $40,000 in U.S. dollars? Can you cash out and and buy a boat with it?
HarthorneWingo wrote:Is it worth $40,000 in U.S. dollars? Can you cash out and and buy a boat with it?
NYKinMIA wrote:HarthorneWingo wrote:Is it worth $40,000 in U.S. dollars? Can you cash out and and buy a boat with it?
Garbagelo wrote:HarthorneWingo wrote:robillionaire wrote:
This is sad
Here, here’s the same TV show 8 years ago, still trying to FUD BTC, it was $500 in February 2014 now it’s $40,000, as his audience applauds and barks like seals about how stupid it is
https://www.cc.com/video/5ejojm/the-daily-show-with-jon-stewart-mt-gox-s-missing-bitcoins
It’s not healthy for a show to still be this salty about missing out lol
Is it worth $40,000 in U.S. dollars? Can you cash out and and buy a boat with it?
I cashed out a whole bunch for a down payment on a house
I turned some JPEGs into materials for renovation
I sold some digital land for real land
CMON
HarthorneWingo wrote:NYKinMIA wrote:HarthorneWingo wrote:Is it worth $40,000 in U.S. dollars? Can you cash out and and buy a boat with it?
If you can explain it to me, you win a big prize.
HarthorneWingo wrote:
Okay okay. Nice.
But you “earn” money in a Ponzi scheme too. What are you investing in?
HarthorneWingo wrote:
Okay okay. Nice.
But you “earn” money in a Ponzi scheme too. What are you investing in?
br7knicks wrote:HarthorneWingo wrote:
Okay okay. Nice.
But you “earn” money in a Ponzi scheme too. What are you investing in?
I was bringing up Real Estate investment for a while, but nobody on here is into any of that.
So for now, I've actually pulled out of a lot of my non-retirement etfs, and pumping a few grand into the ETF, SPXU, which makes me more money the worse the overall stock market does.
I'm also the main market/economic pessimist on here
I'm waiting for real estate market to cool down, when we see something similar to '08. Hopefully find something dirt cheap.
Been also buying an ETF called QYLD, and RYLD, which are essentially only into paying high dividends. I'm doing that to try to do anything to beat this ridiculous inflation
QYLD below 20, and RYLD below 22 are big discounts.
