The next 48 hours are critical....for the stonk market.
Watch the S&P 500, must stay above and bounce away from 3837 this week. If not and that level is breached, more DOWNity for stonks.
I don't think Bitcoin will be affected much tho. Don't see much more down for bitcoin. The scammers forced selling of tens of thousands of btc from weak hands to strong, and they don't have that much supply left below this price level.
And just like magic, the S&P 500 levitated away from 3837. Stonks bear market postponed. You can thank the Fed put. |
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So how many leveraged longs just got liquidated?
Inquiring minds want to know.
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FOMC minutes drop in 15 mins
So let me try to follow this. The FOMC released minutes from a meeting they had May 3rd-4th (over 20 days ago when the market was in a very different place than today), that said they still might raise rates in the future. But they did not raise rates today, when the minutes were released. Nor did the minutes indicate when the next rate hike will be, nor by how much. And the stonk market somehow cares about this....non news.  |
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I can understand both of those things. Regarding the government overreach perhaps an alternative would be to take control of the armed forces away from the government, put it in the hands of the people somehow. Then perhaps the 2nd amendment would not be necessary for at least that side of things.
That was what the second amendment was supposed to be for. Funny how that worked out. Bingo. Btw, American colonists were all armed to the teeth, multiple guns in every household... but no mass school shootings. Huh? Yeah, but let's not address today's youth mental health crisis in America, let's just take away everyone's right to bear arms instead. That will fix everything.  |
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However, if you tell me that it was all a conspiracy, then this is a road that you have to travel by yourself.
My rule is to not expect a conspiracy when it could be explained by rushing 'something' and/or incompetency.
Some of us have lived long enough lives to know that the world going from one crisis (Covid, world shutdown, mass layoffs), to another crisis (Money printer go brrr, massive inflation), to another crisis (Ukraine War), to another crisis (supply chain constraints, oil shortage, food shortage, etc.) to another crisis (Monkeypox, or whatthefuckeverisnext), in just a span of a few years is NOT normal. Like at all. The odds of such a pattern happening organically in such a short span of time are ridiculously low, low enough to know that they would have to be completely manufactured, planned events. That is the conspiracy part. Rolling from one catastrophe to another and then another is not normal. Those that believe otherwise just haven't lived long enough to know better. Welp, let's just throw another crisis onto the pile (Texas school shooting). During an election year no less. Gee, what are the odds. |
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You guys should feel extremely lucky and fortunate to be alive rn and investing in bitcoin during the early years. Just imagine 20 years from now, when young people will say: "Holy shit, I would kill to be able to go back in time and buy btc @ $29k! Those people were so lucky to be investors then!" #TheTrueBitcoinHodlOGs (Hopefully by then, shitcoins and rug-pulling NFTs will have gone the way of the Dodo)shrimp "sallad" basically turnip, shrimp in mayo, with a hint of ketchup, it's a swedish classic, of course the non cheap versions don't have the turnip, but this is the cheapest place to eat in the whole country so.
So do you...eat that with a fork or spoon? Or on a cracker? Just curious. |
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I'm only irritated right now because my builder finally, after 2 years, got freed up to do more work for me....just when bitcoin hits a bear market bottom.  Also I refuse to take out loans for anything ever again. Otherwise, this is fine. 🐶 🔥 |
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Thanks, now I can't unsee REPRODL.  |
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The truth bomb:  So let me get this straight. It takes between 21 to 35 days for a Russian oil tanker to get to US ports to be offloaded.
It takes between 35 and 60 days for a tanker from the Middle East to make the same trek.
It takes about 10 hours to load the tanker and up to 24 hours to unload. If it has to wait in port to get to an unloading dock, it can take up to 3 days.
The average tanker burns 2,625 gallons of diesel fuel per hour. 22.38 pounds of CO2 are created from burning 1 gallon of diesel fuel.
So, in one hour, a tanker ship hauling oil to a refinery in the US creates 58,757.5 pounds of CO2 per hour. Averaging the travel time of the tankers, that's 27.67 million tons of CO2 per trip.
In comparison, your car creates between 6 and 9 tons per year.
Without going into all the equations of how many tankers come to the US per year, let alone our exports, will someone please explain to me how drilling our own oil and moving it through pipelines, along with importing oil from Canada via pipeline will not be more environmentally "green" for the world.
Please explain to me why buying oil from another country is good for the environment??
Or better yet how buying oil from another country is better than pumping our own oil??
There’s nothing green about this other than these elites are lining their pockets with green. |
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When the MSM trot out so called "experts" to make absurd bottom predictions like this, it means that the bottom is likely already in. https://www.cnbc.com/2022/05/23/bitcoin-btc-could-fall-to-8000-a-70percent-drop-guggenheims-minerd.htmlExample: I distinctly remember back in 2015 when Gold was around $1150/oz. The "experts" in the MSM were all saying it could drop as low as $700/oz. It never even got close to that, just another -$100 and that was it. Don't listen to these idiots. This idiot Minerd also said, "I don’t think we’ve seen the dominant player in crypto yet." Wat? Bitcoin IS the dominate player, fool. For 13 fkn years now. |
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Funny how articles have always mentioned that Jon Matonis and Gavin Andresen maintain that they weren't tricked, however neither one of them have bothered to reach out to CSW since then and said, "Hey Craig, let me see that evidence again. Just to be doubly sure that you are indeed Satoshi." Also neither have ever have asked him directly to sign messages as proof. Not once. They just shrug and move on. Don't really seem to care about definitive proof. That speaks volumes. |
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You know, now we are seeing Wall Street investors, hedge fund managers, bankers, corporate heads, and even Jim Cramer himself saying the Fed should hike rates more. Even after all this implosion in the stonk market.
Unbelievable. Never in history have the Wall Streeters and banksters called for actually raising rates. Never, ever, ever. They always want cheaper money, not more expensive money. And they don't give a shit about inflation and the main streeters plight.
The ONLY explanation that makes any sense is that they are all now colluding to mega short this market. They want it to crash. They want something to break.
I guess it's the only way to get the Fed to slam interest rates back to 0% and more money printer go brrrr by the trillions $$$.
Collusion confirmed. https://www.zerohedge.com/markets/2022-has-been-worst-year-ever-hedge-funds-who-are-now-massively-shorting-chase-stocks-lowerI honestly hope they get rekted. |
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Please give me the contact number of her dealer and let me ask what she is smoking.
These are the same wealthy elite who spend millions on an art piece of a banana duck-taped to a wall. |
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And most of us in here don't have to worry about monkeypox, we have all been vaccinated against smallpox, and that supposedly also covers monkeypox.
Nope, the WHO, the MSM, and your govt will eventually tell you that your smallpox vaccine is ineffective against "this strain", gotta get a brand spanking new vaccine now for monkeypox.  |
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However, if you tell me that it was all a conspiracy, then this is a road that you have to travel by yourself.
My rule is to not expect a conspiracy when it could be explained by rushing 'something' and/or incompetency.
Some of us have lived long enough lives to know that the world going from one crisis (Covid, world shutdown, mass layoffs), to another crisis (Money printer go brrr, massive inflation), to another crisis (Ukraine War), to another crisis (supply chain constraints, oil shortage, food shortage, etc.) to another crisis (Monkeypox, or whatthefuckeverisnext), in just a span of a few years is NOT normal. Like at all. The odds of such a pattern happening organically in such a short span of time are ridiculously low, low enough to know that they would have to be completely manufactured, planned events. That is the conspiracy part. Rolling from one catastrophe to another and then another is not normal. Those that believe otherwise just haven't lived long enough to know better. |
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