I got corona virus from touching drug dealer money! Get away from me, I think I see tracks up your arm! Slap!
Debt to GDP after WWII was 100% In 1970 it was 60% In 2008 when Obama was elected it was 68% In 20016 when Trump was elected it was 95% Now it’s 109% Debt to GDP 77% is the “tipping point” It was falling until Corona virus hit this year. Gold is set to hit $3K an ounce and BTC is set to hit $20K plus. The BTC Halvening is May 15! This is when Bitcoin goes from 1800 BTC/day production to 900. In May 2024 it stops production. This is the opportunity of a generation.
Driver 8, What do you know about DigiByte? I hear it’s tracking really well but it’s not on the exchanges I use. I’ve been afraid of the alt coins, too much risk.
Altcoins are shitcoins Stick with BTC That's my opinion What is the use case narrative for the alts? Is it really decentralized or is that a marketing slogan? How about liquidity? Hashrate/security on the network? Trading volumes on alts are often gamed to give the appearance of demand where none exists.
BTC is all I track. All I own too. I’m looking out 3-5 years then re-assess. I’m too old for that kind of risk (Alt Coins).
So far I find this to be true as well, with a few possible exceptions. Many scams and questionable “crypto” projects came out of the 2017 ICO boom, which made founders rich in many cases and left investors holding empty bags.
Good article on Bitcoin basics. For nubes like me. Bitcoin and the Theory of Money | Robert P. Murphy
Whoa! That stuff is not for the young, or the faint of heart! It'll either put hair on your chest or maybe remove it if you spill it on yourself.
Dave Portnoy whoever he is, rants in his twitter post about how the stock market is void of common sense, financial sense, economic sense. It is a complete sham. Why? Because almost all of the growth since March 11th and 12th when the DJI hit bottom, is predicated on one thing only...............stock buy backs. Who pays for that? The Fed. The damn Central Bank. Print$>$ to Fortune 500 Corp> Corp Stock buy back>Pump stock price>Elite board members and executives get huge bonuses>then they layoff 20% of workforce. Any Questions?
AC. Where you been? This has been going on since 2010 at least. How does the economy grow at 1% but the stock market grows much higher?
Yes but it’s never been this pronounced. Real unemployment is probably 25%, yet the market is up 25% since the V bottom. Mid March. 2021 should be very bad for the stock market, very bad. We’ll see. I believe we’re headed into a stagnant economy, depression period for years. BTC
I haven’t used Gemini so maybe someone else can comment on them. Coinbase is a popular exchange, and Square’s Cash App is doing well.
