hanera
January 14, 2023, 3:15am
4512
Whatever… broke above $20k… RISK on💰
Elt1
January 14, 2023, 4:55am
4513
Never underestimate the stupidity and greed of people that want to throw their money away. Hookers and blow are a much better investment than shitcoins. My buddies 18 year old son just bought and sold the meme stock Bed Bath and beyond. And he made money. This stuff is pure gambling.
Loop Capital Managing Director Anthony Chukumba joins Yahoo Finance Live to discuss retail stocks, the state of the consumer, inflation, the expectations for the labor market, Bed Bath & Beyond, and the outlook for the retail industry in 2023.
1 Like
hanera
January 22, 2023, 5:07pm
4515
So is confirmed. BTC is in a new bull trend. Risk on for stock market.
1 Like
Elt1
January 22, 2023, 5:12pm
4516
Bad news. This means mean old Powell will have to be a party again.
3 Likes
marcus335:
Since there’s zero regulation on bitcoin, how do you know if an exchange is even legit? You don’t really know if they bought bitcoin or not. They could be Bernie Madoff and just making money off the frenzy. It’d be easy to run a ponzi scheme when people are constantly opening new accounts, putting in fresh money, and the price is rapidly increasing. It wouldn’t surprise me if at least one of these crypto brokers turns out to be a total fraud. We’ll find out when the crash happens, and there’s no money there.
Wow. I called FTX…
I was searching for mentions of Madoff here. The Netflix documentary on it is terrifying. If anyone thinks government regulation makes us financially safer, then watch it.
4 Likes
DH0
February 1, 2023, 5:05am
4519
In fairness…cyrpto/FTX basically shows you what you would get in the absence financial regulations. Would much rather own a pool of government-regulated, dollar denominated hedge funds than anything crytpo related.
hanera
February 16, 2023, 7:57am
4520
1 month ago…
For those still in doubt…
Risk on!
hanera:
Beneficiaries of bitcoin
1 Like
hanera
March 13, 2023, 4:56pm
4521
hanera
March 15, 2023, 8:33am
4523
.
If the Federal Reserve is unable to keep up the combination of interest rate increases and quantitative tightening for much longer due to hurting small banks too much, despite price inflation still being above-target, then a basket of anti-dollar positions such as gold, oil, commodities, emerging markets, and bitcoin would likely benefit.
If? Traders are trading as if it is happening…
hanera
March 19, 2023, 8:49pm
4524
Bitcoin surged on Sunday night after the announcement that UBS will buy Credit Suisse, setting the stage for a potential risk-on rally. Bitcoin BTCUSD recently was trading at $28,255, up some $842. The cryptocurrency is now 74% from its lows of Nov....
Bitcoin mooning.
Disclosure: Didn’t own any crypto