Investing General Discussion

hory

hory

Silver Baronet of the Realm
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People are concerned china will own the mining capability. Items on the "list" would hurt next gen miner production.
 
S

superstraight

<Banned>
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Wasn't bitcoin 110k like a couple weeks ago?

Man, people have gotten far too comfortable with this bull run. SPY drops 20 points after a massive run and the sky is falling. lol..
 
Rangoth

Rangoth

Vyemm Raider
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I don’t think sky is falling, but losing a month gains in a single day is noteworthy at the least. I think will be like before and some counter-tweet in the next 2 weeks will correct it, but I guess we’ll find out
 
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Sanrith Descartes

Sanrith Descartes

Its all the Joos' fault. Am I doing this right?
<Gold Donor>
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Rangoth said:
I but losing a month gains in a single day is noteworthy at the least.
Click to expand...
first time GIF
 
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Jysin

Jysin

Bronze Baronet of the Realm
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superstraight said:
Wasn't bitcoin 110k like a couple weeks ago?

Man, people have gotten far too comfortable with this bull run. SPY drops 20 points after a massive run and the sky is falling. lol..
Click to expand...
It isnt so much about recent 110k, as much as it is the technical look. (And to a greater extent, the "store of value" thesis for me).
We have effectively triple top rejected 125k.

1760163279862.png



And the store of value / inflation hedge hasn't correlated whatsoever. It has effectively been an early indicator of bullish momentum. It has been leading equity pullbacks / breakouts. Just another speculative investment vehicle for the bull market.

Meanwhile, the Gold chart over the same time period:

1760163642629.png
 
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