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I'm just saying that if you add 10x of market cap, where does it come from? If it comes from more stimulus, that is a huge problem. If it comes from inflation, that is another problem. You can't match the value of the entire stock market without something being seriously wrong.

Oh, and yes, I looked up a bunch of the stuff that he was talking about, but the charts were a bit crazy. A long time of doing nothing, and then a huge spike. Its all literally just penny stocks.

Totally agree. And that's what I don't have! LOL... But I understand that with a stock, I might be lucky to hit a 2x trade, but with crypto, 10x and higher is almost easy. So the asymmetry is there and its a good enough reason to play. But I can't keep track of all these stupid names. There...

I don't believe in this too much. We humans are biological. We use digital to make life easier, but that is already causing major issues for our health. Its obvious FB and IG are damaging people, and modern young women today are already too damaged from all the affects of social media. This...

But lets not forget, both you and I are mad for missing out. The question is can we still get in now? There will have to be an exit at some point, if only to migrate to some new coin. I think the future for crypto is certain, but we have no idea in what shape or form it will be. I saw that...

I do agree that making money is the most important, but I also have to wonder how reasonable some of these people are when they start throwing out numbers that make no sense at all. For something to add more market cap in value than the entire stock market is just nuts. They might as well...

So after seeing @johnarb 's post in Baron's journal, I have been watching some videos from EllioTrades Crypto channel. I'm just trying to get an overhead view of all the different things he is talking about. Its pretty clear to me how if you're gonna play in this sandbox, you almost have to do...

I thoroughly enjoyed the post, so thank-you very much! Out of further curiosity, do you think you could repeat the trading accomplishments part if you had to start all over again in 2021 given that so much computational power goes into trading the markets now? I know that many traders say the...

The drop in March of 2020 showed that neither gold nor crypto was a hedge. According to my charts, the S&P dropped 36% from most recent high to the low on March 23. BTC dropped 62%, and actually, GC only dropped 15%. But the subsequent rallies had GC performing the worst.

I look forward to this part especially. If BTC for example hits 100k, it doesn't really matter since it would only be a 2x from here and a 2x trade you can get practically anywhere. What most of us who missed the crypto boat want is a 10-100x trade. I know some coins have done the 10x part...

Actually, it seems like if nothing is done and the two parties cannot come to some sort of Middle Ground then potentially not doing anything might lead to a default. Money can of course always be printed but I do see how inaction can actually mean that important necessary steps aren't taken in...

So the update to this story is that even more money can be up for grabs. https://www.cnbc.com/2021/10/03/162-million-up-for-grabs-after-bug-in-defi-protocol-compound-.html Here is the shocking part.... “Future rewards might have to be reduced to make Comptroller solvent,” said Gupta. Now...

Isn't the only profitable part of Amazon still just the cloud computing division? This would make it very close to Tesla being profitable mostly because of the carbon credits. These companies in another era, where money wasn't cheap and freely available, might not have gone nearly as far. So...

Thanks for the explanations Volpri. Yes, it was long, LOL, but a few comments really stood out for me like this one below. The buying, and especially in the afternoon, was just relentless. If you're looking for a pullback of a decent size, you're left forever waiting. Then you end up...

Its sad to see this debate here because I think both of you make excellent points. The amount of division these days is so unfortunate, and I can't help but think the only outcome is a total collapse. Its almost like both sides are right, and there is no way to find a middle ground, so you...

Question please. I notice your first trade was for only 1 contract and you had to scale in. Other places you start with 4. Is there any reason for this? First trade of the day can be tricky if the market hasn't yet given you a clue about what type of day it will be. Is it something along...

According to the article, they seem to think quite a bit. But what I find interesting is how they say 90M can easily be absorbed. Jesus, where is this money coming from? “The protocol can easily absorb a loss of $90 million and a lot of it will likely be returned, but the larger issue would...

https://www.cnbc.com/2021/10/01/defi-protocol-compound-mistakenly-gives-away-millions-to-users.html The founder is begging for the money to be returned, and threating them with doxxing. Can you imagine???

Being positioned is much different than talking about the true workings of BTC and USDT. I agree that just throwing money at stuff in a world where things go up thousands of percent is an excellent strategy. Right now, I don't believe there are any more Amazon's out there as if it was year...

This is exactly what is in question. Has there been 1 USD paid for each Tether out there. Why do you think US went off the gold standard? They wanted to create more dollars without having to have to mine more gold. When you don't back up your currency with anything and can print as much as...