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They are in for the long term. Loaded on cruise lines as well

I hope that you are wrong, but afraid you might be right. I personally know people who went all in long, over last few weeks, thinking this is a chance of a life time. If market does not hold March bottom after 10 trillion stimulus, it will plummet like a rock further down.

It is quite different. Many understood that terrorists attacks are very rare in US. Virus is a totally different ball game. The odds of being on the plane with someone who has it much higher. Once all opens up, norm will be quite different. Hand shakes are gone, foot bumps are now the norm :)

That is the irony, they themselves are hateful. I do not make hateful comments, just stating facts I know and my opinion. But it immediately hits the nerve of true believers, they immediately get angry and defensive at slightest doubt about their idol. Very similar to religious fanatics.

yes and no. Yes people will travel and eat out, but at a lesser pace, and it might take a while for full activity to resume.

Like I said once a true believer always a true believer. I never said money can not be made with bitcoin, all I am saying is that the price is absolutely artificial. Until Tethers and alike disappear, there will be no price discovery and the price you see is as fake as it can be.

Not sure why is it so hard for you to understand it. yes every market is manipulated in one shape or form. But in order to trade any market you need to deposit cash at your broker and every manipulator also needs cash deposit/credit line and etc to trade. This is where cryptos differ. I needed...

remove fake tethers and we would see sub 1000 very fast.

It is quite simple - Tethers are being created by BitFinex out of thin air. They can create as many as they want. Then Tethers are used to buy up cryptos to lure public in. Essentially they telling the world that Tethers and USD, EUR, GBP are the same thing.:vomit: when cryptos will be...

Just in case you are not a troll. Tethers can be used to purchase Bitcoins. Tether are created out of thin air, by BitFinex. All that BS about Tethers being backed by anything came out to be a lie. So, what do we have. I made up shit that is allowed to function as if cash, with the sole (real)...

my thoughts exactly.

Let me get it straight, you think that made up thing Bitcoin, that it easily manipulated by made up shitty USDT (in case you did not know Tethers are created out of thin air), will be a new safe heaven???? Good luck with that.

https://www.marketwatch.com/story/goldman-sachs-abandons-its-bearish-near-term-view-on-stocks-says-the-bottom-is-in-2020-04-13?mod=home-page Today might be a good day to add to those positions who are in a bear camp. Like they know better.;)

you are a troll go and hide under the rock

my past, from Y2K galaxy far far away :D

Many major banks still operate on mainframes. From what I heard there are no docs and most people who knew shit are long gone. They are literally afraid to touch that code. And require tons of approvals for even a small change.

Absolutely. I used to program in COBOL very easy. If there is a GUI debugging is easy, if not back to write line debug.

Why not if you are big enough. The rest of us live or die financially by our own mistakes.

Exactly. That last tax cut was abomination. it was actually a tax increase on my in coastal states. And why cut taxes during one of the largest economic expansions???

That is the issue. Everyone wants one without the other.