Excellent for exchanging FOR fentanyl, though.
2 Likes
The “oh my stars I can’t believe riverman is happy people are losing money” gets an eye roll from me. His position, right or wrong, was always that this was a bubble ready to burst. He’s clearly happy about thinking he’s right.
2 Likes
Best part is he’s got to experience that feeling several times now, probably on average about once every year for the past 9 years.
4 Likes
@worstof
1 Like
Well they’ve never been close to the OKC metro afaik. So im stoked!
It might have been Mt zion where I had one of the two migraines I’ve had as an adult so that show sucked. Post rock with a migraine is not fun!
1 Like
Where is this forum?
2 Likes
I’m genuinely curious to see what happens from here where all of the other Crypto crashes have been in a broader bull market and good economy.
At this point, Crypto basically behaves like a leveraged Nasdaq ETF with less of a backstop because there are no real profits or assets backing it up. I’m wondering how long the slide continues if say S&Ps are at 1500 a year from now.
1 Like
i miss fly
5 Likes
2 Likes
Yeah if s and P is at 1500 btc is probably below $1500 lol
Pretty sure a lot of crypto investors think Bill Gates is an evil man plotting to destroy the world through vaccines and other means so they wouldn’t care what he thinks.
1 Like
Where is the new money supposed to come from now? True believers are fully invested and the public is catching on to the scam.
Crypto is only 1T in market cap, less now.
Equities is like 100T.
Not enough people employed in crypto → unemployed to have any spillover effects.
The fed continuing to raise int rates will have most of the impact on equities and real estate.
1 Like
Seems legit
https://twitter.com/adamlevitin/status/1536935390170464256?s=21&t=n3-YPfz1DKuz4aiUnX2fRA
It’s a little ironic that the money printer going brrrr was the thing keeping Bitcoin humming all along.
6 Likes
Kind of makes sense when you think about it more though.
considering you were trolling people who were concerned about inflation just a few months ago you should probably just realize you know absolutely nothing about macroeconomics.
2 Likes
Hand up - got that completely wrong (though Ukraine war made it significantly worse).
2 Likes
IDK I might buy some eth if it drops below 1k. I mean this is the what 8th crypto crash and they always bounce back after losing around 70% of its value? Its close now. Why the fuck not, I’m out of ibonds to buy and more VOO doesn’t seem so smart either.
2 Likes