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And BlackRock is an agent of the US :p (Disclaimer: I've actually said this elsewhere earlier). But seriously, if Bitcoin ETFs got what they wanted, shouldn't Bitcoin be trading higher by now? :banghead:

Yeah, but you need to come up with a better example. If you can trade 100 lots, you're probably a millionaire already.

Did you read her book? It's a good book. :thumbsup:

Could that be the reason for today's rally?

Angry Chinese take to US Embassy’s social media account to vent about plunging stock market Feb. 4th, 2024 cnn.com Tens of thousands ofpeople in China are flocking to an unusual venue to vent their outrage about the continuing meltdown in the country’s stock market. They’ve been posting...

LOL but that's what the market psychology is all about. Why do investors drive up AI stocks, even though all it does is plagiarize web contents and draw stupid pictures (as far as ChatGPT is concerned)? It's all about creating bubbles.

That'll work too. :thumbsup::)

Excellent. Thank you, sir!

Although I'm with you there, that really wasn't my point. What I'm driving at is that all markets, whether that is the stock market or the bitcoin, they all require fresh supply of demand to keep the momentum going. Bitcoin might be "the best money in the history of mankind", but without demand...

My point isn't about ETF or crypto. It's about the label "the worst wealth destroyer". Fine, Cathy Wood is a lousy investor, and even worse, she's a lousy market timer. But why point fingers now? Why didn't Morningstar make the same claim 2 years ago when the market was imploding? Better yet...

Did you even bother reading the article? If what you say is true, why the f^ck is Morningstar bitching about something that happened in 2022? :rolleyes: "After garnering huge asset flows in 2020 and 2021 (totaling an estimated $29.2 billion), its funds were decimated in the 2022 bear market...

What I'm more interested in knowing is can folks like Cathie Wood face penalty or prosecution like Henry Blodget, who was fined and banned by SEC for having falsely giving exaggerated price target (especially if it lost a ton of money for the customers in the end)? I can see that she's in a...

Well, not that I'm a fan of ARK, but isn't it kinda hypocritical for Morningstar to come out with such a stellar review after the fact? :rolleyes: Where the hell were they when Bitcoin, along with most of the equity indices, was making ATH day after day in 2021? Did Morningstar warn that the...

In a bubble environment, people are only too eager to believe anything. Of course, this will work like a charm--as long as there are more naive folks standing behind you. Unfortunately, many of the Luna-tics didn't bother to turn around to check.

In the end, none of that actually matters because you're merely transferring wealth, as in one man's gain is another man's loss. But the overall system itself will remain at par with no noticeable impact. And so the same ol' story is made up over and over just to keep the fire (or bubble) going.

In the past, when I would search for a user's posts (see 1 below), it would show search results with all the contents previously posted. You then could either filter out just the "posts" or the "threads" the user created by clicking on one of the links for those two options at the bottom of the...

Before Bitcoin, there was the Housing bubble. Before that, there was the Internet bubble. Before that, we had the Personal Computer bubble. Before that, we had the "Greed is good" aka Yuppie bubble. Before that... you get my point. We've always had bubbles and we will never run out of bubbles...

Do Kwon's Former Executive Could Get Life in Prison After Extradition from Montenegro to South Korea Feb. 5th, 2024 dailycoin.com Terraform Labs CFO Han Chang-joon was extradited to South Korea. Chang-joon, alongside Do Kwon, was arrested in March 2023. The pair served time in Montenegro for...

Man, spare me the ordeal.

Huh? I thought the ongoing consensus was a whopping $1 million. Just when did it go up to $2.3 million? (BTW what's with the 0.3??) Cathie Wood’s Ark Invest Continues Crypto Buying Spree with ARKB Units Purchase Feb. 3rd, 2024 coingape.com...