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I am holding a position in BITX for quite a while now, and was always scaling in lower. It is quite heavily down, but after analyzing how it performs in past drawdowns, as long as there is a recovery, even months later, it will still slightly beat just the 1x return. Of course if Bitcoin...

That's fair. A public ledger would be useful in this case. This is also true. But it would be a very good reason for why its ridiculous to put a house deed on the blockchain when its possible to lose it with no way to get it back. Most things do not actually need a blockchain. If its...

I just don't see any point in tokenizing something that exists in the real world. I mean who cares if you have a token for a property if possession is 9/10ths of the law as they say. The squatter who is living in your property has all the rights, never mind if you have a token. Tokens only...

I think the only reason that ES is more responsive, of the times that it is, is because its a much thicker market. It can turn within a couple of ticks, but NQ can easily blow through a level by 10 or 20 points simply because of the liquidity issue. Wheres ES might have 100 contracts at each...

Just want to put it out there that many of us bitcoiners think that RE will eventually fall to the price of utility. If there was no financial premium for RE, what would prices be? If everyone realizes that bitcoin is a better store of value, then an investment case for RE could be dead...

Are you kidding me? In Canada, the tons of people they brought in on student and work Visas have no work!! The local young people can't find jobs for the summer. The line ups for job fares stretch a mile long. There is no labor shortage. Perhaps there is a shortage of high paying jobs, but...

I think its like you say, extend and pretend. Right now, it seems like banks are going down, and that will all be papered over. Many properties have already sold for fractions, and those people had to take a steep haircut. But I believe its just getting started. RE going forward is a dead...

And you are in fact enslaved by the same money you are defending. Think about it. Government forces you to use a money that they just print. Everything gets more expensive, so you are forever in debt just to survive. On the flip side, they print money under the guise of helping you, but it...

Yes, I do understand that the expectation was for NQ to keep rising since ES already retraced the entire down move. But I honestly haven't seen enough evidence of which leads. Someone here said before that ES leads, but I just don't see that when I look at random examples. (in this case...

You keep using the government issued money that is designed to enslave you, and I will be living the good life. You're so deeply damaged if you think the government has to be the source of your currency.

It just sounded like your explanation was based on PA, vs. I think the official definition of OB is based on math and can be forecasted out into the future. (ie. You can't tell me what the PA will be tomorrow, but I can tell you where the OB or OS levels are, if price gets there) But I...

Congrats on the good day! But I don't think NQ is to blame in this case. Both topped out at the same time, roughly 13:50, but it was ES that hit the critical level, the previous day high. It was a perfect double top in fact, with just a 1 tick poke. NQ in my opinion wasn't anywhere...

I actually think of OB as something totally different. What you describe happens in real time and is what I consider PA and trading this means picking up on clues in real time. OB conditions on the other hand I have always thought of as mathematical derivations based on historical price that...

Honestly, I'm a bitcoin convert. The issuance of new bitcoin is programmed, and the issuance schedule is now below that of gold. (less then 1% per year, and that will decrease over time with each halving). Now you might wonder how will there be enough money? The thing to realize is that the...

My god, you're so stupid. If you did any amount of research, you would discover how truly damaging the actions of the Fed have been since inception. You seem to think that money printing and forced inflation are harmless acts. Every single war that the US has started, which has killed...

My only fear, which is playing out, is that those who benefited and perpetuated all of this will be gone. The young people today cannot afford housing, and can't even start a family, and are told to work harder. The boomers with their inflated real estate and successful lives just need the...

Agreed. But my big problem is that I have yet to see the revenue potential. Yes, NVDA is selling chips, they have revenue, but where is the revenue stream for all these AI firms using the chips? TSLA has been selling FSD for years, and its just fanboys doing beta testing that are happy to...

And then what? You're absolutely right that the price has dropped from all the selling, but it seems like lately, its not really dropping, and they are down to what, 1/4 of what they had? So what happens once Germany has no more coins to sell? If your entire thesis is that price is dropping...

I will say though, the worry I have is all the coins that Germany wants to sell plus Mt. Gox. I almost think this all could be co-ordinated in order to try and bring bitcoin down one last time by the governments. Its really their last chance. I did see that Justin Sun offered to buy all of...

Nobody can fix the problem. The math just doesn't add up. The only way that debt is sustainable is with 0% interest rates, and that is not likely to happen. If they stay in the 4-5% range, the government can't afford the interest expense bill. The money has to be borrowed. Nobody is buying...