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I agree fully and short term, I'm more bearish than bullish now. I think Bitcoin is front running a major correction, and since it's so liquid, it's the first one to be sold. We will likely need a major printing response from the Fed in order to stimulate new highs. But because everyone...

Except that median income is now actually dirt poor. Inflation is absolutely the fault of government spending and fiat printing. We simply cannot compare the times we are in now to when you guys were getting into finance and happy for the opportunity.

I would be shocked if 100 people with all of these credentials want to start at what I assume is low point and essentially doing help like a person at the counter. Don't get me wrong, I understand that everyone needs a foot in the door, a kind of internship, but these qualifications to me are...

It is, but Coinbase is doing lots of things internally, so that is one problem. They have a lot of retail customers, and are the custodian for almost all of these ETFs. Only only ETF publishes their address so we can see the total of coins held and the flow. El Salvador has also published...

I know where you are coming from, but I just don't think this is a fair assessment. There is a reason why they don't teach us finance in school. People wouldn't be nearly as poor if the government wasn't stealing our money through inflation and the Fed setting rates just to keep asset holders...

I saw a stat a few weeks back about how 80% of the revenue for NVDA came from 4 companies.... just 4. These must be something like Facebook, Tesla, OpenAi, maybe Microsoft and Google, or something like this. All that needs to happen is for a slight slowdown of purchases, maybe a scaled back...

If you look at the performance after the halving, the previous two times, it didn't do much for the first few months, so in a way, we are kind of exactly there. Specifically, on my chart where I plotted them, it was May of 2020 and bitcoin was about 9k. It didn't really get going until...

The problem is that this isn't representative of every American. Yes, people with assets at the top are doing great, but many aren't. You see lots of stats about credit card and auto loan delinquency rates going up. Many people, even if they have a cheap interest rate on their mortgage, can't...

Lots of bitcoiners point out that the costs of everything is going up against USD, but down against gold and especially so bitcoin. I do think CPI is a lie, and I do think the real numbers are much higher, but when you consider the impact of using a currency that is designed to lose value...

I would be curious as well what the salary could possibly be. You require a degree, but these days, the trend seems to be that a degree is pretty much an anchor unless you are really going places, but most people won't be. So a degree is a huge investment. On top of this, you want 3 years of...

I have seen on many podcasts now that Tether and other stablecoins holding US Treasuries is getting to be quite significant. At a time when foreign central banks aren't buying US debt anymore, someone has to. Yellen opened up swap lines with Japan so that they didn't start selling their USTs...

The thing is that if they don't actually have the amount of Bitcoin that their fund seems to show based on how many dollars went in, that is a huge problem. Paper Bitcoin took down FTX afterall. I honestly don't understand how all this buying pressure is getting absorbed. Do all of these OTC...

It's absolutely crazy to see this all happening after hours as well. The demand seems to be very healthy, and supply from miners seems miniscule, so where is it all coming from? I'm honestly not sure if ETFs have all the coins they say they do, or if they are able to use the money to short as...

The replies of Laissez Faire and PPC essentially cover all the point that I would also make. I don't think you did anything wrong. Trend is clearly up, so it looks like it will continue. There is a double top, so a clear rejection area, but also higher lows, so maybe pressure is building for...

Reading the post above that John linked, its clear they aren't buying spot on the same day. They get the price exposure by using the futures contract, but they aren't getting the coins. Its crazy to read they have days to acquire the coins based on liquidity. So if all of a sudden they can't...

I agree that it would be nice if there was more in other countries, but I don't worry that anyone has enough mining power to launch any kind of attack. Now saying all that, I also know that the few big mining pools having control over templates is problematic, and I'd love to see so much more...

What really gets me about this is that a really intelligent person needs to think a few steps ahead to really determine if this is in fact true or not. I'm only gonna write this out for the casual readers so they understand and see the light, but obviously us bitcoin guys will know this. The...

My guess is that when you are dealing with a "re-seller", as opposed to the direct exchanges, you are going to get much worse prices, and since there is less liquidity, you will see price spikes. Take for example trading NQ and MNQ, the micro contract. This one can easily spike a few ticks...

Given so much passion, he must either have a position or be so concerned about innocent people getting screwed. If it is the latter, I wonder when he will understand that the real enemy is The Government, Government Spending, and the Federal Reserve. If he was well informed, can he really...

I can't say for certain but on Twitter there are lots of accounts that follow the daily flows and they report down to the last Bitcoin how much is bought and sold. As far as I know only one ETF publishes their address so anyone can see how much Bitcoin they hold so that should provide some...