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Munger is a legend 100%. Guy was a genius, persevered through many adversities, was a great investor etc. Nothing but respect. Rip to the legend. All that said, OF COURSE he is not going to get bitcoin. He was a 99 year old billionaire for god sake. Should be obvious, but nobody who is...

Use IB like a professional

The market is pretty efficient man… I think dunking on Wall Street analysts is tired already …. That’s a really hard job you should try it. Markets are (obviously) very hard to predict.

This is just a cope bc btc just hit 40k

Buy Bitcoin with your 2000 and just focus on making/saving more money.

my brother in Christ it’s up over 100% this year what more do you want lol

It is so weird that I have become a tether defender on this forum since I am a US citizen, I do not use tether, I think the risk/reward of using tether is likely not worth it, and I admit they have a shady past. But all these people that are so sure that it is a zero like when is this going to...

this analysis is based solely on vibes

don’t bring facts into this completely emotional argument!

Maybe but the vast majority of stablecoin market cap and volume are in US dollar stable coins (USDC, PYUSD, pax dollar, tether *gasp*). I don’t know the percentage but it’s a huge percentage like well over 95%. This is one of the reasons why I don’t get the hostility towards stable coins from...

I will go further. Correlation means the propensity of one asset to move with another in whatever frequency you were looking at. So, for example, if you look at the rolling correlation using daily candles, that would be the propensity for two assets to move the same direction of roughly the same...

do you know a correlation is? Do you know how it’s calculated? I beg you just do the math or just look at a plot of the rolling correlation of bitcoin to any stock market over any rolling time frame of the last 18 months. You will get a reading very close to zero. these are weirdly your feelings...

agreed. Here is the funny thing about correlation - an asset that has generally 0 correlations to say stocks over time will still show periods of very high and very low correlations through history. It’s just when you average it all out it’s close to 0. so, of course, you can anchor on to a...

The correlation between BItcoin and QQQ and bitcoin and SPY is zero over the last three months, six months, nine months, 12 months, and 18 months. You just say this shit and don’t even look at the numbers it’s literal math go look at the numbers before just spouting off.

Whats left?? Dude they have 150,000,000 customers! And they were able to cut a check for 4BB+ without dying. I think there is a lot there

I will say I see NOTHING similar about CZ/Binance and Sam/FTX (before people make that comparison) CZ is guilty of being too lax with KYC/AML stuff. They(Binanace) also should of just never touched the US, something I am sure he regrets. No customer funds were used/"misplaced" (as far as we...

the piss ant just touched down in the us, cut a check for a cool 4bb, then left lol. What a loser

No, I think the fine is 4,000,000,000+ but we shall see the press conference is about to start. Either way I would think this is very bullish for bitcoin. We have known that the DOJ investigation was hanging over binances head this whole time, and it was weighing down the whole industry...

The DOJ announced that they will be announcing a new enforcement action at 3 PM Eastern time today against some actor in the crypto industry. Does anybody have any guesses? Is this finally when they take down tether? Or is this a binance related? If, and I have no idea if this will happen or...

Hold on they are going to come out with an ETF that holds spot bitcoin? I hadn’t heard lol.