This rationale is to make him look "smart". He isn't.
Anyone investing heavily this year??
- Thread starter rph2005
- Start date
This rationale is to make him look "smart". He isn't.
I think people are giving him too much credit and there is no strategy behind it. The guy bankrupt a casino.
Agreed. I just find it interesting the “theories” people come up with to justify what he is doing.
Trying to correlate their theory with comments from Lee
Tom Lee is the new golden boy like Kathy Woods was couple years ago, we will see how long the hype last
How Spain became a 'tax trap' for Brits
Dozens leaving the British Isles for a place in the sun claim that they are being 'fleeced' out of hundreds of millions of pounds after being 'lured' to Spain under false pretense
Laura Hamilton says Spain's 100% tax plan is backfiring
EXCL: A Place in the Sun presenter Laura Hamilton, who helps Brits find their dream home abroad, branded Sanchez's plan 'crazy' - but said it was already backfiring for the Spanish PM.
There have been a lot of talk about building more nuclear power plants, do you think that will have an effect of the solar market?
U.S. Housing Agency Considers Launching Crypto Experiment
The Department of Housing and Urban Development, which oversees billions in aid and insures more than a trillion dollars in mortgages, is pondering using the blockchain and a stablecoin. One HUD official derided it as “monopoly money.”
People expected an announcement that the US would build the Crypto or Bitcoin reserve. While a Bitcoin reserve and Crypto stockpile were announced, the initial plan is not to actually purchase any Crypto as much keep any Bitcoin that is confiscated and potentially sell any alt coins that are confiscated.Why is BTC down over the weekend after the Crypto Summit on Friday?
There was a clause in the executive order to potentially purchase Bitcoin, but it would need to be done at no cost to tax payers. This part would likely need congress to approve.
There was also a rumor of taxes being removed for crypto.that didn't happen.
On top of that, it's follow the fear from economic uncertainty with Trump's behavior like the traditional markets except crypto isn't closed for the weekend.
North Korea was responsible for $1.5 billion ByBit hack, FBI says
ByBit said on Friday an attacker gained control of an ether wallet and transferred the holdings to an unidentified address.www.nbcnews.com
North Korean hackers cash out hundreds of millions from $1.5bn ByBit hack
Hackers from the infamous Lazarus Group are in a cat-and-mouse game to launder their stolen funds from the ByBit heist.
www.bbc.com
I don't think it will (at least not yet). Nuclear power is still being over priced on the general market and Georgia Power is a key example of that. They've been over charging (way beyond inflation rates) for the past 8 years, and it seems to only be increasing. Battery power options are starting to trend in a profitable direction, but lithium is still pretty bulky, expensive and has a low shelf life compared to other power sources, so I was say that solar would be a safe to partially aggressive purchase. There are actually technologies that are in the market for making Lithium more chargeable by solar platform, so it could also be seen as a future-proof purchase.
If we go into a recession then what? Dont make a difference to me.. i just would like to hear your point of view..
Pretty damn impressive and still getting away with it...North Korean hackers cash out hundreds of millions from $1.5bn ByBit hack
Hackers from the infamous Lazarus Group are in a cat-and-mouse game to launder their stolen funds from the ByBit heist.
Cost of living goes up, you might lose your job, your investments crash
None of the transactions are anonymous, I dont think they will find many banks willing to cash those coins and risk getting their accounts blacklisted.
What is a strategic reserve used for? I know the answer, but I’m asking why the United States would need a Bitcoin strategic reserve or a strategic reserve for XRP, Cardano, Solana, and Ethereum. You have 45 billion Cardano tokens and over 100 billion XRP. Chuckles… this shit is a money grab.
See HSBC: In 2012, HSBC Holdings (HSBC), one of the world's largest global banks, was hit with a $1.9 billion fine for, most notably, serving as a conduit for Mexican drug cartels. The penalty, which was coupled with $665 million in civil penalties, exposed severe problems with the bank's compliance and anti-money laundering (AML) controls. It ranks among the most significant fines ever imposed on a bank for breaking U.S. law.
Some Banks are willing to risk and already have risked it all.
Also from the article- Elliptic's analysis tallies with ByBit, which says that 20% of the funds have now "gone dark", meaning it is unlikely to ever be recovered. $300M. Crypto exchange eXch is being accused by ByBit and others of not stopping the criminals cashing out. More than $90m has been successfully funnelled through this exchange. But over email the elusive owner of eXch - Johann Roberts - disputed that.
The usual stuff..cool coolCost of living goes up, you might lose your job, your investments crash
the usual as long as you can keep your job
millennials are still behind from the 08 recession
today is just ugly
Qqq and Nvida have tanked on me today down 3stacks and it feels like this is just the start of more losses
So, I guess I'm hoarding cash now. Fuck. I still have money in t-bills. But with Mango Mussolini at the helm, not sure that the US will continue to pay its debts.
Correction.. Casinos
Smh
South Florida where everyone owns a fully upgraded jeep wrangler to get to Whole Foods.
That or a Land Rover Defender.
When buffet sold off his portfolio last yr, i instantly said something aint right
Bull Markets vs Bear Markets: The Differences Explained
No one can predict when markets will rise or fall, so it’s good to be aware of the characteristics of bull markets vs bear markets.
Sounds shortsighted, but im not going to disagree with it being a money grab. Imagine if they same mindset was made for the internet. Let's not act like people hsve always thought highly of the internet or personal computers in general.
Right now, the US is at the top because of the US dollar and military. Regardless of the currency, it only has value because we all agree it does. Some countries fiat isn't worth printing. Now imagine a world where Bitcoin is more respected than the US dollar. Who knows how likely that is to happen. In the event it does, do you want to have enough on hand to be competitive or be arrogant and believe the US dollar will always be the preferred currency.
Bitcoin and alt coins serve different purposes. Just because we have gold doesn't mean no one wants silver. Most countries have their own currency.
For the record, im not one of these crypto people who believes Bitcoin will take over. I just willing to take a risk that has so far benefited my family. The day it doesn't i don't particularly care. I'll just move on to the next investment.