It's ok and understandable. Crypto is for the rather tech savvy people.
My anti - virus is blocking your website, by the way. It's infected with malware...
Is Crypto Becoming dotcom Bubble 2.0?
- Thread starter zghorner
- Start date
My anti - virus is blocking your website, by the way. It's infected with malware...
Yeah. Dollar is becoming toilet paper. Just hand out money, vacant business everywhere while rents go up, high commodities, stocks have long mooned. Joke cryptos being valued at billions. It's all detached from reality.
I thought it was for the unbanked poor people of Africa and Asia.
True but what really takes me by surprise is why cad is so strong, can only be explained by commodity prices right now. Canada is in much worse shape to emerge from this pandemic than the US. The US has thriving businesses.Canada has a bunch of dudes waiting for welfare cheques, high on pot.
USDCAD in this climate near 1.20 is ridiculous. I am looking for a jerk move below 1.20 to buy some. Hope I won't miss out if that move does not materialize. The rate belongs much closer to 1.30 level according to my metrics.
USDCAD in this climate near 1.20 is ridiculous. I am looking for a jerk move below 1.20 to buy some. Hope I won't miss out if that move does not materialize. The rate belongs much closer to 1.30 level according to my metrics.
Funny, I remember people saying that during the doc com run up too when some of us were skeptical. I'm tech savvy and avoided much of the ruin of the dot com bust. I still have my Microsoft shares from back then though. I'm staying out of Crypto; too much risk when fair value based on fundamentals is 0.
I tend to agree.
Nice call is only due after the baby is brought home, at this point it's just looking to find some entry points with some sort of edge. Us dollar has been hammered, imho, for all the wrong reasons.
I'm long anyway, worth at this level.