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Looks like LUNC is still tanking hard. Those suckers who thought they'd still get back some of those life savings... keep dreaming. Even ETH can't pump up the markets right now with that abysmal CPI we just had. Lots of pain for equities for a long time ahead I fear (well, maybe I'm not so scared).

No catastrophic loss event!

Holy fuck, hours away now! I'll check the damage as soon as I wake up! (If I manage to sleep)

Speaking of feminism... how interesting how Elizabeth Holmes went from #1 feminist hero and tuff-girl attitude to.... we don't talk about her now.... to... oh she's a poor violated woman. Nothing she did was her fault as CEO, it is obviously a man's fault. Boo-hoo. I'm sick of this shit. Did...

Too late, people already had their life savings wiped out by his hubris. Putting him in prison wont bring the money back...

And when have they not?

The woke European Union already banned BTC Mining a few months ago, then decided to delay that ban. Not surprisingly, right around that time there was a panic-push to switch BTC to PoS. Of course, all the hard-core maxis who despise ETH were horrified at this, and insisted to not do such an...

And yet... for some reason, despite it's the 13th, this is how crypto is looking today:

At least one book I will try to finish off for this week:

Note! The numbers for the Western world have got much worse since then.

This don't look so good all of a sudden. Who let the steam out?

Hmm, ok so apparently the reason was INFLATION DATA... If you want to believe it. Market Wrap: Ether Falls Despite Merge Anticipation; Bitcoin Climbs as Investors Await Inflation Data...

Well, Sep 12 is here. And a little weird. ETH is down 2% while BTC gained over 3% lol. What the hell is going on here? Anyhow, the only thing that grabbed my attention in the news today was this: Fidelity Considering Offering Crypto Trading to Brokerage Customers: Report...

I am well aware there is a possibility that ETH may crash down further after the merge as profit-takers do what they do best... take profits after the rumor turns into news. However, I'm actually counting on it to drop this point, the great-depression 2.0 is here and one thing I've learned--...

Looks like nothing's new. This one nailed it in the 70's and told us what to do.

So the old man is implying... anything that goes up, will go down, so don't buy stonks. Just buy bonds and watch inflation eat it away. And pray there is no default.

No, that's a sucker-bet you dummy! Obviously, if it were a REAL $5, someone else in the market would have picked it up already. Jesus H Christ, where the fuck did you go to learn economics?! :D

Ahh that reminds me. I was reading tonight on St. P's paradox as applied to discounted cash-flow analysis. The problem, is that on an infinite time-line, profits can go infinite and your result is NaN.