Xi doing stuff
Xi & co have no doubt been watching what is happening in Ukraine and Russia, and taking notes...... whilst they tweek their plans for Taiwan, and further. You realise that China has said, that they intend to extend their sphere of influence, and to eventually include half of Australia within that sphere..... Not to mention Africa..... where China is also making moves. Don't get me wrong becoin, yes the USA and Europe have been playing these games forever too...... (see monroe doctrine for the USA's long held stance) and that just makes the collision course that much more likely.
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https://twitter.com/Jkylebass/status/1527774208931028992?s=20&t=cez2x7WN3LSQ1i7W669Yug "China is preparing for war. First, Xi orders Chinese banks to risk asses and insulate against potential U.S sanctions. Now Xi is directing Chinese nationals overseas to divest of any assets. China has been hoarding grains for over a year…Xi’s 1/5" "playbook is obvious to anyone willing to connect the dots. In January 2020, China updated their “Foreign Investment Law” which gives Beijing the power and ability to NATIONALIZE FOREIGN ASSETS/INVESTMENTS under “special circumstances” which include war. 2/5 " "In mid 2021, China’s new Counter Foreign Sanctions law enables Beijing to seize corporate assets and detain expat employees if the underlying corporation simply is complying with foreign sanctions. 3/5" "The groundwork is being laid for complete seizure of foreign assets and investment in China. If you are an institutional fiduciary or any other fiduciary, you better be re-thinking your risk assessment of investing in public or private Chinese companies. 4/5" "Investors lost everything in Russia and have tried to sweep it under the rug. They won’t be able to hide the hundreds of billions that will be lost in Chinese investments. 5/5" roh roh US are doing all that for years. Why shouldn't countries like China and Russia do that as well? Petro dollar is good but petro ruble is bad... for the US monopoly! Well if China has 50% of the worlds grain, and the US holds 50% of the grain.....then..... problem. Also, this does not mention energy (petro dollar) Also, the other main part that is being pointed out are the moves from China to put in place legislation that will help them if they are going to be sanctioned, and why do you suppose that is? and about their want to repatriate assets to China (of course countering capital flight is a long standing Chinese policy) etc , and it is no secret they plan to increase their "sphere of influence" they have made this clear since the 80/90s. ..... but, it is not JUST this ^^, alone that is why I posted.... I have long held the belief that China and USA/West are potentially on a collision course. There was a little window there perhaps 10-15 years ago where I had some hope that it would be averted, and that China would "come into the fold" , but alas I fear that they have gone the other way. China, imo, are probably not ready yet , to make their move.... but somewhere between 2025-2032, I think there is a possibility that they are on course for a collision with the west. Much of the military industrial complex seems to be of the same opinion (on both sides) , it likely has already started, and "hostilities" are live right now, with "greyzone warfare" and /or "hybrid warfare" If you look at papers published by both sides, they intend war first with political co-option , financial/trade wars, disinformation/misinformation, biological etc, for as long as possible, before any potential "hot war" Anyways..... this whole situation will unfold and there is nothing any of us can do about it, it is part of a long and unstoppable arc, but, somewhere in here there is a black swan or two or three, like no other in the making
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https://twitter.com/Jkylebass/status/1527774208931028992?s=20&t=cez2x7WN3LSQ1i7W669Yug "China is preparing for war. First, Xi orders Chinese banks to risk asses and insulate against potential U.S sanctions. Now Xi is directing Chinese nationals overseas to divest of any assets. China has been hoarding grains for over a year…Xi’s 1/5" "playbook is obvious to anyone willing to connect the dots. In January 2020, China updated their “Foreign Investment Law” which gives Beijing the power and ability to NATIONALIZE FOREIGN ASSETS/INVESTMENTS under “special circumstances” which include war. 2/5 " "In mid 2021, China’s new Counter Foreign Sanctions law enables Beijing to seize corporate assets and detain expat employees if the underlying corporation simply is complying with foreign sanctions. 3/5" "The groundwork is being laid for complete seizure of foreign assets and investment in China. If you are an institutional fiduciary or any other fiduciary, you better be re-thinking your risk assessment of investing in public or private Chinese companies. 4/5" "Investors lost everything in Russia and have tried to sweep it under the rug. They won’t be able to hide the hundreds of billions that will be lost in Chinese investments. 5/5" roh roh
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(click for fullsize img) BTCUSD LONGS ON BITFINEX ..... What could go wrong ? Ven squeeze ?
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Monthly.... slutMade out like a homing pigeon for the 55^ Weekly= Note the current Stoch cross up price on weekly^^ Click and click for higher res/full screen
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ETH 2.0 is a big danger bomb because it is a big Shitcoin experiment and if it fails
..... describe what that looks like, I am interested in your theory/fear
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Bitcoin has crashed really hard but we also need to mention what's important:
Bitcoin wasn't responsible for what happened, Bitcoin was safe, working as usual and as usually proven since Bitcoin was started. It was caused by a single, very risky ALTCOIN
BTC had already dropped pretty much 50% from its ATH by the 5th May by the time Luna/UST went pop, and it did that all by itself without any help from Luna. Sure there was a further BTC sell off due to the Luna/ust lunacy... but I would argue that was going to happen regardless of Luna/ust imploding. I had pointed to BTC hitting the 55 on the monthly.... and was expecting it, however, I did not expect it to happen so quickly.... if we do not dig in soon, then , more doom on cards..... and even if we bounce here, we could just hit say 35k, form another lower high, and then ... doom.. personally still of the view there is no macro bull run case, until we break and form support over 48K at least. Worst case imo is we bottom out between 10/11K to 17K, unless there is another black swan then, who knows..... Hoping we do not get worst case, but it would not surprise me either.... 200W MA is next logical pitstop if we do not dig in soon thou, and would expect a reaction there... either a bounce or a shit the bed/capitulation moment. (ps breaking say 36.7K and then forming some support above there would be a good start, and would get my attention)
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Bitcoin has crashed really hard but we also need to mention what's important:
Bitcoin wasn't responsible for what happened, Bitcoin was safe, working as usual and as usually proven since Bitcoin was started. It was caused by a single, very risky ALTCOIN
BTC had already dropped pretty much 50% from its ATH by the 5th May by the time Luna/UST went pop, and it did that all by itself without any help from Luna. Sure there was a further BTC sell off due to the Luna/ust lunacy... but I would argue that was going to happen regardless of Luna/ust imploding. I had pointed to BTC hitting the 55 on the monthly.... and was expecting it, however, I did not expect it to happen so quickly.... if we do not dig in soon, then , more doom on cards..... and even if we bounce here, we could just hit say 35k, form another lower high, and then ... doom.. personally still of the view there is no macro bull run case, until we break and form support over 48K at least. Worst case imo is we bottom out between 10/11K to 17K, unless there is another black swan then, who knows..... Hoping we do not get worst case, but it would not surprise me either.... 200W MA is next logical pitstop if we do not dig in soon thou, and would expect a reaction there... either a bounce or a shit the bed/capitulation moment. (ps breaking say 36.7K and then forming some support above there would be a good start, and would get my attention)
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The amount of leveraged longs at the moment is a little bit disturbing. Even as the price falls the leveraged amounts keep rising. That is a whole lot of BTC sales that are hanging over the market. That along with mtgox funds and ETH2.0 coins being unlocked soon and you've got yourself a perfect storm for a crash. Not to mention the coming recession. I sure hope they get an ETF approved soon so it can soak up some of the coming coins that will be hitting the market. So far I'm seeing more and more future sales hanging over the market's head while guys like Saylor aren't in a position to pile in much more.
Some pathetic paper hands whining we have here! (click for fullsize img) BTCUSD LONGS ON BITFINEX ..... What could go wrong ?
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FUBAR
FUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUCK sake.
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Top tip from my hot neighbor, she's a gardener.
Pics or didn't happen... She's even hot when she's fully dressed. Too bad i always don't know what to talk with her about. Gardener, huh? What a temptation! Some plants to mention: Psychotria elataand, of course, Clitoria ternatea Do not forget "cunticus itchius"
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How’s everyone doing ? Nearly time
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Loving it
*fud intensifies
Oh boy , this cycle is fun, and getting spicy
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