how did you manage to get a pic of one of my shorts?  PS with a correction that i am not sure if those are m or f shorts. |
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 Beijing has released a white paper titled "Web3 Innovation and Development White Paper (2023)" --snip--The release of the white paper suggests China opening up to the crypto industry to some extent. Yes, they need to be able to ban it again. China: openly banning, secretly allowing (or moving in this direction). US: openly allowing, secretly banning (or moving in this direction) EU: quoi?? hmmm |
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250K?
It looks like PTB are infatuated with a newer toy aka AI (running NVDA to almost 1 tril in valuation).
To me, it makes it less likely for us to see growth from 26-27K to 250K in this cycle.
However, some upward pulse has to be expected and the value of btc in the fall of 2024 would probably determine how much running power it would have.
If only 50-60K by that date, then $120K would be the new ATH target and if btc is already at ATH by the fall of 2024, then we can, indeed, spike to 180K and maybe even 220-250K.
^ above is a pure speculation based on about 10 years of experience and not much else..I don't have a fancy trend graph to show (at least i did not make it yet).
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I feel like the next week or two is going to be pretty scary for investments of all kinds. With politicians seemingly playing chicken over a debt ceiling agreement and equities already beginning to selloff, you have to be worried that Bitcoin could see a major dip here. I’m not a believer that Bitcoin will be a savior asset that goes up when everything else crashes.
It could be coming...I hedged a little in fiat world, still just hodling bitcoin (no moves to report). |
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ChartBiddy to WO is the same as CMB (cosmic microwave background radiation at 2.725K) to the Universe.
It has to be there to provide a nice background plus it is a remnant of the past "inflationary" events.
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Last week was too much in the meat space for me...it's nice to finally relax a bit, I hope. For now, I am ignoring bitcoin's ups and downs, but have some "dry powder", which I am eager to deploy at some point between now and the halving (occurring in April 2024, most likely). Asked AI to make a trip itinerary...it derped...did not "know" when particular museums are closed and whatnot, which IS publicly available data. Soooo...much improvement is still needed, but, otherwise, the rest of the itinerary was OK. I will be using more of it to do some mundane (or best half-prompted tasks) in the future. I give 10% to the probability of something weird happening in finances in the next 2-3wk, albeit the default probability is only 1% last time i checked. Higher odds from me because D's and R's are not really talking much and TS is a bit old and not very 'dynamic' to say the least. Eggs being $2.12 vs above $6...wow. A major 'deflation'  . I wonder if housing would do the same? Currently, people are just not lowering the prices and hope for the best. In the area somewhere close a couple of houses sit at unrealistic prices almost 6 mo already. |
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Come on bitcoin, that's enough fooling around! Don't make me get JJG to slap you.  According to various sources, it supposed to be a mating behavior, but I have seen in the ponds around here small turtles doing this in front of the much larger one's (even more difference in size vs your pic). I was actually thinking that it is some kind of feeding request, 'cause a tiny male Turtle jr ain't going to impress a big "girl", me thinks, but stranger things happen. |
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Regarding Canada vs USA being French Québec would be easier to immigrate to for sure, but I want southern US weather...not mountains of snow to shovel.
Also I'm a certified expert on a Canadian brand of IT stuff (but it's well used in the US too).
ooookay, it's 95-105F (35-40.5C) from about mid May to mid October around here, more or less. Lots of greenery, though, and, surprisingly, lots of conifers (pine, etc.) |
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Tropic countries when they see people taking melatonin suplements:
Really?.
you are mixing melatonin with melanin, buddy. you get more melanin (dark skin pigment) when exposed to the sun; in tropics more, of course. A different substance. |
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This is a bit tangential but within the bounds of 'same continent same rules.' I was reading a Scientific American article about melatonin today. I actually have given my daughter a 3mg sublingual cherry flavoured melatonin on very rare occasions when she can't sleep and this article addressed that issue: excerpt from https://www.scientificamerican.com/article/should-you-give-your-kid-melatonin/ The article says: " In the U.S., melatonin is categorized as a dietary supplement and thus doesn’t require a prescription, whereas in the European Union, the U.K., Australia, Japan and Canada, it is available by prescription only. For kids, there’s no universally agreed-upon dosage or age at which they can start taking the supplement." I know for a fact that in Canada melatonin is treated as a supplement and is available OTC just like in the US with no prescription required. I find it disheartening that one of the oldest and highly respected science publications can't get their facts straight. I did some searching online and it seems to be a common misconception that melatonin is outright banned in Canada... it is not. There are 18 pages of products containing melatonin listed in the government of Canada's Natural and Non-prescription Health products database any of which are available OTC. Now I can't trust any of the article. I might as well just take an unscientific poll here! Who thinks it's okay to give my kids melatonin once in a while? Actually, a pretty balanced article, in my opinion. I am pretty shocked that they charged someone for giving melatonin to daycare kids, although it is not the best practice, for sure. Seems like a solution in search of a problem. They used to dumb them all (or make them not doing anything active) with TV before. Regarding doing so episodically, basically no data and no advice, sorry. However, if a kid (or even an adult) watches an ipad for a while before going to sleep, maybe this could be a cause because it has been shown to reduce "natural" melatonin secretion. Dose wise, brain produces 0.3mg/per day. However, it is absolutely not clear from the article itself how much of, say, 1 or 3 mg dose you take actually enters the bloodstream. Mixed feelings, but article pinpoints those with ADHD/ADD as benefiting the most. PS it is a non-addictive substance, but in any physiological response, there could be a negative feedback loop that could affect the situation. Typically, when the level of some important substance in the body is too high, then the production of it decreases, which may affect the situation for the next day or a few days. |
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Hugh... https://www.youtube.com/watch?v=8DehQKs2uZ0A sharp intellect behind a clownish demeanor. The guy used to run the Eclectica bond hedge fund, made tons of money, 'retired' to the home office, yachts, etc main points: a. Says to buy TLT (a paradoxical move) b. Mentions bitcoin allocation (his words: maybe 4X in the next five years if I remember correctly) c. Has a "nasty" prediction as to what FED/treasury would do-you won't like it! |
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Bitcoin likes to remember the "modem" numbers....28.8K...most of you are too young to remember those. well, there were more...33.6K, then ...56K enjoy (or not): https://www.youtube.com/watch?v=xalTFH5ht-kPS I used a 28.8 modem (or maybe it was 19.2K) to download series of pictures of Shoemeiker-Levy comet hitting Jupiter in the summer of 1994...it took hours. |
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Well it is not a banking crisis it is an intentional action where banks are intentionally being crushed.
My long time retired banker buddy has told me 10-15 more will fail and the fed will likely push as high as
6% via a jun july sept and maybe oct jump all at .25%
A lot has to do with 3.5 trillion being entrusted to long term care insurance.
They will be more bailed out if we go to 6% vs the 5% we are at.
Look into fed long term care and see that it shut off new customers. Now that they can buy higher interest fed bonds they will be able to take new customers.
So once fed long term care allows more customers to join we may see the pivot.
You won’t find this info in many spots. But it is a big factor in what is happening. Think magic shows a pretty girl or loud noise gathers you attention so the magician can do the trick.
Ie inflation allows them the excuse to raise rates while reallity is they are bailing out the long term insurance care companies.
What you suggest is akin to "Cutting off one's nose to spite one's face". It's unlikely to be the cause, imho. JP is just "playing Volcker". That said, I made moves with my bank and ret. accounts (moved from what I perceived to be a more risky place to, hopefully, a less risky one). We shall see if my intuition was correct or not. |
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Rumor has it that Al Gore not only invented the internet, he actually invented most of computer science as we know it. That's why they call computational methods "Al-Gore-ithms"  Don't forget the homage paid to Gore by Arthur C. Clarke: the spaceship computer in A Space Odyssey is not named AL 9000 by chance! It is actually named HAL (name was obtained by moving one or two letters away from IBM)... Today is the day Of sarcasm impairment Tsk tsk, Biodom #haikutouche...just couldn't see such reference to one of my favorite movies. Another irreverent reference: Slaughterhouse #5 (the first one to write the last name of the author without googling it..count on your honesty...gets 5 merits) ...enters PacWest...check out the late after-hours print. |
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Rumor has it that Al Gore not only invented the internet, he actually invented most of computer science as we know it. That's why they call computational methods "Al-Gore-ithms" Don't forget the homage paid to Gore by Arthur C. Clarke: the spaceship computer in A Space Odyssey is not named AL 9000 by chance! It is actually named HAL (name was obtained by moving one letter away from IBM)... |
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Apart from kids being your kin, how do you know now (assuming that your kids are still very young) that they are or will be worthy of such inheritance?
Actually, a serious question and I have been grappling with this one for a while.
Alternatives: extended family (if worthy), charities of your choosing, etc, etc.
They are your kids. Do you have children? The more pertinent question is whether it will actually advantage them and whether they are equipped to handle it. Exactly (and I do, more than one)...re the second part of your question..you should know what your kids can or cannot do, imho. In some cases dropping a large or small inheritance on some immature person can result in the effect that would be the opposite of what you expected. OT: That said, Tucker's mom gave him only $1. Did that help or hurt, I wonder? |
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