I see ford Broncos everywhere far as gas. Far as electric im seeing the Ford mach-e and cadillac lyriq
Anyone investing heavily this year??
- Thread starter rph2005
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I know a lot of people believe in crypto's potential, but I'm still waiting to see implementation. When I can buy anything at a major grocery chain I'll get serious about it.
I have made money from crypto But I honestly see it as gambling.
I buy it with any left over money and let it run.
If it hits I’m happy, if it doesn’t then it is what it is.
Can you buy groceries with gold or silver here? You can't go into a grocery store and say I have 400 shares of Apple. You have to sell the asset to buy goods. We live in the western world. Here it's just an investment vehicle. Even with that, there are places that accept it as payment. Indirectly, you can make payments with Bitcoin or an alt coin via coinbase debit card. As far as I'm concerned, it spends the same.
I don't see majors accepting BTC directly until the price/market is more stable. The other part is most people view it as an investment. That's why Elon couldn't get people to buy Tesla’s with it. The other reason is using crypto as payment triggers a taxable event.
Not saying you particularly, but people will always continue to move the goal post. In 2017, no one would believe the US would support crypto to its current level regardless of the potential why. Unlike 2017/18, crypto market is falling for the same reason as the traditional markets ( tariffs, inflation & Trump). If the thought is the market is filled with scams id argue the same is true for the stock market. People in congress have been taking advantage of insider information. Why care about them doing the same with crypto.
Ironically, some of the issues in crypto were purposely done by the government to hurt it like operation chokepoint. How is sector supposed to remain stable if the government is telling the financial world and potentially any businesses not to work with the crypto industry.
Shares of a stock, gold or silver are not marketed as payment methods the way crypto is. Thats my issue. They've been pushing blockchain, faux anonymous purchases, investments... Crypto doesn't have income statements or tangible products. Why does it move up and down? Its mainly hype and short term news IMO. At least with equities I have some idea on why I should buy them.
Dont get me wrong, I have no issue with those who invest in it. My brother is super heavy into the miners and buys them every week. I bought a little so if it hits, it'll be a lottery ticket, like @havelcok.
**I also feel some kind of way because my Pops got his XRP stolen on Coinbase and they didn't help him.
I’m not entirely opposed to the idea of a strategic reserve for Bitcoin, but why would you need one for XRP? You already have 100 billion tokens. A strategic reserve would only benefit the larger wallet holders. Hell, next there will be calling for a strategic reserve of Doge coin.
There was a time when gold and silver were considered a form of payment. We have a whole stockpile of gold sitting and it's not for isn't industrial usage. We use to be on a gold standard. Times change. Yes, it's original purpose was and is depending on where you are a currency. In the US it's an investment product.
What is a tangible product?Bitcoin is the product. Part of it the idea that you don't have to be completely dependent on banks to hold your money. Even now, you can get loans or give them to people. You don't need to rely on the traditional finance world for a business loan. That said, it does need an app for the average person. Crypto needs a Facebook, Netflix or Uber. Every doesn't care about finances.
Income statements? Do you really believe these institutions are buying crypto without any form of due diligence? You believe Tesla performance validated it's stock price. it was hype and his cult. Even with that, there was a time Tesla constantly was said to be a toy and you shouldn't buy the stock. For the longest, Amazon wasn't even profitable. I remember when 3d printing was the hot shit and where are those stocks now? People have paid millions for a banana on a wall and called it art. Crypto is just an investment that can double as a direct form of payment.
Respectfully your dad could have got scammed at a bank. Depending on what happened they wouldn't have gave him his money back. Unfortunately, there will always be thieves and scams regardless of the industry.
Why xrp? Do we really know what will be the long term winner? I don't hold xrp ,but it isn't billions of crypto. It's currently in the top ten of crypto. Also, Bitcoin doesn't do what Ethereum does. The government should hold various different assets. What happens if the US goes with Bitcoin and the rest of the world decide Solana is the one?
I don't know that I totally agree with the reserve only benefiting large wallet holders. It would pull up people's investments as a whole. Not everyone who invest in the stock market is rich, but we still encourage people to do so. Just because you aren't going to have LeBron career doesn't mean you shouldn't go to the NBA. The money I initially earned in the stock market wasn't crazy, but it gave me the opportunity to do other things. The same could be true for someone defined as a small wallet holder. Even if all someone gets is enough to pay off a large debt, that could be life changing. Maybe you earned enough to earn real interest on your money. Maybe you earned enough to leave your job for a year or more and start your own business.
You sound like one of those BTC maxis. Lol. If it's up to President Musk, there may be a doge reserve.
I had been aware of Ben Cowen for a few years, but I truly began to heed his advice last year when he started advocating for Bitcoin’s dominance of 60%. This stance, which he had been vocal about since 2022, significantly altered my perspective on Bitcoin.
Listening to this interview last week completely changed my perspective on the strategic reserve. Ben and Guy made some compelling arguments against having one.
I time stamped it from the 16:06 mark until about the 27:00 mark
I had been aware of Ben Cowen for a few years, but I truly began to heed his advice last year when he started advocating for Bitcoin’s dominance of 60%. This stance, which he had been vocal about since 2022, significantly altered my perspective on Bitcoin.
Listening to this interview last week completely changed my perspective on the strategic reserve. Ben and Guy made some compelling arguments against having one.
I time stamped it from the 16:06 mark until about the 27:00 mark
I'll listen when I get a chance, but I generally don't listen to Ben Cowen or any of these TA/charts people. I'm not saying it's not value in TA, but crypto is too volatile. Alot of the things you see in crypto are self fulfillment prophecy. For example, you get told the four year cycle is coming and you act according to the event. For the most part, I look at real world events or what is happening with the project. When the TA guys look at past charts, they never mention the positive or negative event that triggered buys or sells. They make it seem like it just magically starred happening.when they are wrong, they just say i never guaranteed anything.
To my knowledge, Ben Cowen has been more wrong than right. If you keep saying the world is going to end, one day you'll be right. Didn't he believe BTC would hit 30/20k when it was in the 50s/60s? To be fair, I'm hearing this third-party so maybe I'm missed informed. I usually only listen to more news centric channels and stay away from TA or pump channels/ big influencer. For example, i use to listen to Coin Bureau when he mostly gave fair opinions of projects and current events in the space. Now I mostly listen to Thinking Crypto. Even though he can be too bullish at times.
Off the top of my head, part of the issue with a BTC reserve would be the US may need more of the hashrate. I know it's shifted alot from China, but the hashrate could be a threat. In theory, you wouldn't want any country or miners to have too much control.
"Tit for tat tarrifs nobody wins"
"Dumbest trade war ever"
Stock Market Vigilantes On The Warpath
Summarize
Ed Yardeni
Photo by Hasan Almasi / Unsplash
The Stock Market Vigilantes have spoken. They don't like tariffs, and they don't like mass firings of federal workers. That's because they don't like stagflation, and they fear that Trump 2.0's focus on these measures could cause a recession with higher inflation.
They really didn't like President Donald Trump's message on Sunday during an interview with Maria Bartiromo on Fox News, as evidenced by today's extreme selloff, which caused the S&P 500 to fall below its 200-day moving average (chart). He indicated that tariffs are here to stay. Only a few weeks ago, it was widely assumed (by us and others) that Trump would use tariffs as a temporary negotiating tool that would result in freer trade and a more level playing field for American exporters.
While the plunge in stock prices since mid-February is widely blamed on confusion about the implementation of tariffs, it is actually becoming clearer that Trump intends to use tariffs as a permanent weapon to force companies to produce in the United States, especially goods that he views as essential to national security, including steel, aluminum, pharmaceuticals, and semiconductors.
The result so far is a trade war with China and Canada that is likely to widen on April 2, when the Trump administration is scheduled to announce reciprocal tariffs around the world including on Europe and India. That has incited the Stock Market Vigilantes to go on the warpath, especially after Trump told Bartiromo: "What I have to do is build a strong country. You can’t really watch the stock market." Silly us: We expected him to look for positive reinforcement of his policies from the stock market.
Yesterday, we acknowledged that we can't rule out that a bear market started on February 20. The risk now is that if the selloff continues, the negative wealth effect will increase the odds of a recession, which would widen the federal budget deficit and increase the debt-to-GDP ratio. Trump has proudly observed that bond yields have declined since he took office. However, he risks inciting the Bond Vigilantes too if a stagflationary scenario gets in the way of fashioning a long-term plan to narrow the federal deficit in Washington.
Trump also risks losing Republican-held seats in the mid-term elections, resulting in political gridlock during 2027 and 2028. Americans don't take very well to pain in the here and now with promises of gains later. In other words, Trump's "Golden Age" could be tripped up by stagflation. Veteran Democratic strategist James Carville recently advised Democrats to sit back and watch Trump self-destruct.
What should Trump do differently? He should settle for closing the border with Mexico and lowering oil prices for now. So far, both have been accomplished remarkably quickly. He should allow more time for his Cabinet heads to quietly and slowly pare their departments’ headcounts. Then he could focus on winning larger majorities in both houses of Congress to move forward with his Golden Age agenda.
For now, the S&P 500 is down 8.6% since its record high on February 19. That's not too bad considering that MAGS (the Magnificent-7 ETF) is down 16.2%, led by drops in Nvidia (-23.2%) and Tesla (-38.4%) (chart).
LONG BEACH, Calif.--(BUSINESS WIRE)-- Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or the “Company”), a global leader in launch services and space systems, today announced it has entered into a non-binding term sheet with certain lenders (together, the “Lenders”) to acquire, subject to receipt of certain governmental approvals including those described herein, a controlling equity position in Mynaric AG (“Mynaric”). Mynaric is a leading provider of laser optical communications terminals for air, space, and mobile applications. The transaction is expected to close following the completion of Mynaric’s previously announced and pending StaRUG restructuring proceedings under German law, the completion of which would result in certain outstanding debt held by the Lenders converting into 100% of the equity of Mynaric (the “StaRUG Restructuring”) – subject to receipt of applicable regulatory approvals.
The acquisition, if accomplished, is expected to further strengthen Rocket Lab’s proven capabilities as a leading launch provider, spacecraft manufacturer, and supplier of satellite components at scale. Rocket Lab may fund this and other future acquisition opportunities with proceeds from equity offerings.
investors.rocketlabusa.com
The acquisition, if accomplished, is expected to further strengthen Rocket Lab’s proven capabilities as a leading launch provider, spacecraft manufacturer, and supplier of satellite components at scale. Rocket Lab may fund this and other future acquisition opportunities with proceeds from equity offerings.
Rocket Lab Announces Intention to Acquire Mynaric, Leading Laser Communications Provider, in Latest Strategic Step Toward Becoming an End-to-End Space Company
Rocket Lab recently executed a non-binding term sheet to acquire a controlling ownership stake in Mynaric subject to completing a previously announced restructuring plan and regulatory review process Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or the “Company”), a global leader in launch...
investors.rocketlabusa.com
Filecoin = real world implementation
BTC price needs to be $1,000,000 For it to be usuefull.
At 1 mill per btc, 1 sat will be 0.01 cents
"There’s a 100% correlation between what happens to the company and what happens to the stock—the trick is it doesn’t happen over a week or even 6-9 months. That’s terrific. Sometimes fundamentals get better and the stock goes down—that’s what you’re looking for." — Peter Lynch
How are you defining useful? To me, it's already useful as a financial product and a personal digital wallet. If you're speaking on stability as a currency, i don't see that necessarily being it's primary purpose in any first world country. Unless there is an incentive to spend BTC, why would I especially if it becomes more stable? Today, you mostly hear BTC referred to as digital gold. You don't spend gold at Safeway. You put in a safe.
I've never really cared about spending crypto or believe it'd world replace the dollar.There was a time where you could keep money under your bed. Today, you need a digital account. Crypto gives you back the option to manage your funds, potentially earn more for holding it and will hopefully integrate more into the traditional digital world.