Search results

  1. N

    A 30-Year Trap: The Problem With America’s Weird Mortgages

    You can't look at a number like this in isolation. Mortgage affordability all comes down to the payment, and payment should be a percentage of your income. So traditionally, they say no more than 30% of your income should go towards mortgage. This means that there are 2 ratios we need to...
  2. N

    Investors Are Hungry for Risk—and Holding Record Cash Sums

    Correct me if I'm wrong, but I remember reading that during the AMC or maybe GME craze, it was the option buying that was causing the squeeze. Its much cheaper to just buy an option, and then let the MM have to hedge with buying the stock, correct? So it perhaps doesn't take a lot of cash to...
  3. N

    Thread for people who don't entirely understand Bitcoin

    Thank god! You saved me lots of time having to show you where you are wrong since you refuse to have an open mind.
  4. N

    Thread for people who don't entirely understand Bitcoin

    The summary says the long term impart is still uncertain. I can't say since I honestly don't study it, and of course a drop from 69k to 16k was very unfortunate timing. But as the price recovers and hits ATH, I'm sure that there will be a more positive forecast. From what I do see, access to...
  5. N

    Thread for people who don't entirely understand Bitcoin

    1. Agreed. But for anyone who says its a ponzi or compares it to the tulip bubble burst, the fact that Bitcoin keeps coming back stronger means the comparison fails. And yes, it will drop again by maybe 50% or 80%. I've read that this is actually a feature. It provides liquidity for when...
  6. N

    Thread for people who don't entirely understand Bitcoin

    So first, you're right, because most of crypto is a scam. So lets just focus on Bitcoin. And second, Warren is just as much of a corrupt individual like all the wall street types or billionaires. Everyone who profits from the current system doesn't want the system to change. But given the...
  7. N

    Thread for people who don't entirely understand Bitcoin

    How is it a big failure in El Salvador? Yes, sometimes a transaction is fucked up, but not because of the network but because of the user. In this most recent case, what I read was that the user was using their own code likely, not an established wallet, and when they split 160 BTC into 2...
  8. N

    Thread for people who don't entirely understand Bitcoin

    Are you telling me that Bitcoin hasn't changed anything? Why is Elizabeth Warren trying so hard to kill? If it wasn't a threat, she wouldn't care.
  9. N

    Thread for people who don't entirely understand Bitcoin

    Good idea.... It's the least shittiest of all fiat. When you have over 100% inflation, 5-10% is an improvement.
  10. N

    Thread for people who don't entirely understand Bitcoin

    I think you are completely discounting the massive change that I think is coming. Of course I'm biased because I follow all of these people on Twitter, but as long as governments continue to fuck up, Bitcoin will continue to grow. Every single year, people realize that things are getting...
  11. N

    TA question often asked... "Do trendlines work"?

    I don't like trendlines too much myself, but I love horizontal lines, such as support or resistance. I find that your type of analysis can only work when the market behaves rationally, but I don't believe it does. The markets these days also don't seem to follow any requirement of making...
  12. N

    TA question often asked... "Do trendlines work"?

    Wow... I can't speak to the viability of such an approach since its not what I do, but you get an A++ for your detailed example. I have honestly never seen such a comprehensive reply here at ET with regards to how they approach a trade. (Ok... Al Brooks may be even more comprehensive in his...
  13. N

    Thread for people who don't entirely understand Bitcoin

    Lets just take one step at a time. The first thing that people will notice is that inflation will 100% pick up. There is simply no way to solve the debt issue, interest rate issue, and the fact that demand for treasuries is going soft. The end result, however we get there, is going to be more...
  14. N

    Any sense getting into forex because the end of fiat is on the horizon?

    You have a point, many aren't able to see it. So lets just start with the first premise that money is just a ledger. Its only use is to keep track of what we all owe to each other. Do you agree with this?
  15. N

    Any sense getting into forex because the end of fiat is on the horizon?

    Its interesting to me how so many people can see the current problems in the world, but not understand how the way that money is done today is where the problem is. I kind of wonder how much the government has to steal from you, how badly hurt you need to be by inflation, how much of your...
  16. N

    Any sense getting into forex because the end of fiat is on the horizon?

    You forget that @Baron is heavily into crypto and can also see the future.
  17. N

    Any sense getting into forex because the end of fiat is on the horizon?

    Your reply is so badly flawed that I don't know where to begin. But lets look at this point. How many countries are doing well with their own fiat? Of the strongest ones outside of USD, Yen is crashing and Yuan is also trying hard to fall. Everyone wants to run to USD as the strongest fiat...
  18. N

    Thread for people who don't entirely understand Bitcoin

    This is the perfect place to share this AI version of Jameson Lopp... https://www.delphi.ai/jameson-lopp/
  19. N

    Al Brooks Net Worth

    I like how consistently you are entering. The entries all make sense and follow the 1 tick above or below bar setup.
  20. N

    Bitcoin Price Thread

    No offense but I'm not sure if anyone should be downloading a zip file from a member with only 4 posts who is sharing "something" in the crypto forum.
Back
Top