Game Over (Game On?) for Financial Markets?

Been waiting too

what are you boys responding too on these points? did i miss something?

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I don’t know shit about stocks or bitcoin which may come off as surprising.

I just follow whatever you (@bing) and reddit says.

Apparently it’s coming.

I paid off my house cause of @bing back in 2017 when you bought all your weed stocks. Rode Canopy from 10$ and sold at 50.

I have no idea how any of this financial stuff works, but the majority of my money is in index funds so I do great.

Best of luck to all at the casino.

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yeah honestly, who knows.

i am sure there are plenty of crises being prepared for us as the covid-narrative falls apart. We will be punished for seeing the truth as we were for everything revealed by GEOTUS

had a wash sale on gamestop that cost me an extra 2 grand on my taxes >:(

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See you in a couple of years…its been fun

Just anecdotally, I know a lot of people who used their stimmy money to jump into the markets for the first time. And now some of them are getting wiped out. But then again, it was all of OUR money that they used. So I guess we’re losing along with them.

Really makes you think… :thinking:

You’re not wiped out unless you panic and sell on the drop. :wink:

yea, my 401k is not enjoying this build back better much

This is why I bought ammo.

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I just keep buying

OM NOM NOM NOM NOM

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I’m holding off for a little bit trying to judge the bottom, but I’ll be ready to drop some money.

i like talk of timing the bottom…

bottom ain’t even close to being in probably…

this will be a fun topic over the coming months me thinks.

looking at PLTR, RBLX, COIN as recent IPO’s that are all trading WAAAAAAAY below IPO but still trading at pretty wild P/E ratios despite decent sales growth.

Shopify has a huge mountain to crash off of still though. trading 277x earnings and no moat. buh bye.

of these 4 COIN seems the best… highest revenue, actually profitable, strong cash position… however, if crypto is going to crash, or is crashing, a lot of the balance sheet for COIN is made up of the various coins so makes sense that they’d crash like this.

I’m done with crypto. I don’t see it going anywhere long term because there’s no solution to the energy consumption issue as you try to scale it up to be an actual currency replacement.

Fusion. We’re finally generating more energy than consuming through fusion, so it’s only a matter of time before electricity is essentially free.

But I’m an optimist, lol.

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there is a portion of this talk where the guy JBP is interviewing gives a counter-point to the energy consumption issue.

If i recall, you can set up remote mining operations in areas that are not connected to the main grid, produce your bitocin and then transfer that value back into the grid or elsewhere in a way that makes certain remote areas viable again. i could be mistaken but worth going through that talk nonetheless.

if my bitcoin goes to zero i’ll have a tax write off for the next 30 years

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Did something happen to the online pogs today?

stocks crypto everything getting RAMMED

Crypto just does whatever the market does, it correlates for the most part