The biggest #bubble of our lives:
- Retail makes prices at the margin by buying OTM calls on sh1t #stonks
- #Tether prints USD backed with #bitcoin and loans & it’s fine
- “It’s a software co” EV maker is larger than almost all #software companies
- Digital images sell for >$300k
- Retail makes prices at the margin by buying OTM calls on sh1t #stonks
- #Tether prints USD backed with #bitcoin and loans & it’s fine
- “It’s a software co” EV maker is larger than almost all #software companies
- Digital images sell for >$300k
- People now make videos explaining they don’t need to work jobs because they buy stonks when they go up
- $ETH is undervalued on basis of cashflows for transactions that token holders have zero claim on
- #Ripple dumping on you is fine because they have $XRP fans in Japan
- $ETH is undervalued on basis of cashflows for transactions that token holders have zero claim on
- #Ripple dumping on you is fine because they have $XRP fans in Japan
- #Restaurants & Small #businesses go bankrupt because of #lockdown and slow gov’t help but it’s fine
- $HTZ tries to do a cap increase out of chapter 11 because #robinhood
- A Company does reverse stock split and people brag about gains on per stock price basis on social media
- $HTZ tries to do a cap increase out of chapter 11 because #robinhood
- A Company does reverse stock split and people brag about gains on per stock price basis on social media
- Being #rugged in #crypto is normal & happens to everyone, but we all good
- People still get zero financial education in school, can’t tell token from stock from non-voting shares from ETFs from swap-based ETFs but #YOLO with the #stimmy cheque
- pump & dump groups everywhere
- People still get zero financial education in school, can’t tell token from stock from non-voting shares from ETFs from swap-based ETFs but #YOLO with the #stimmy cheque
- pump & dump groups everywhere
- most guys giving #trading advice online do so shirtless
- arrogance of social media traders hits all time high
- #CDO s have been re-named and are alive, well & ready for the next financial crisis kick off
- 3-8 #SPACs #IPO daily and immediately rise by 10-20%
- arrogance of social media traders hits all time high
- #CDO s have been re-named and are alive, well & ready for the next financial crisis kick off
- 3-8 #SPACs #IPO daily and immediately rise by 10-20%
Won’t pretend I don’t enjoy the spectacle. Just be aware this is all sponsored by the #Fed who are prioritizing unemployment improvements over asset price inflation worries (probably rightly so). When they stop the party, #economy will be great, but we’ll still #crash.Everywhere.
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