They just threw a fresh handful of cash at "the market" to force a bounce ... aand it's gone. EDIT Not quite yet; DJIA and SP500 are holding their own in positive territory. |
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Never mind the corn
She got coronavirus
and ded already
#haiku
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Wouldn't be suprised if Trump diagnosed with Covid19 next month.
Word is he won't get tested. But we know better don't we? My bet - he's positive, and of course it gets hushed. Which doesn't mean he's going to die, or maybe be seriously ill at all. The world mustn't know: Infected orange POTUS won't kick the bucket. #haiku |
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Well, yeah.. that is how roach started out... making a smart move to sell at $700, then just got increasingly more and moar bitter...
Another honest feeling: I feel like I am starting to look like roach by the time passes.  I would be a full-time gold freak when btc recovers from here and makes another ATH.  I am starting to change guys. Help me out. You still like women? What d'you think of Jews and Blacks? You ain't r0ached yet. Just think of rebuilding your stash little by little now. #haiku |
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I also skip YouTube videos. Usually they host people that are not able to simply condense their thoughts in a couple of words or their points are boring anyway with the only solution of hiding it in a 15m Youtube talk.
Give me the printed letters or it won’t happen.
They don't get any money unless it's over a certain length. Youtube becoming a prime conveyor of information will cause the minds of the human race to melt. I can read something in a few seconds. I'm not going to spend minutes scrolling between coughing, cursors that move like a sedated slug and yards of drivel to find the one sentence I need. I wholeheartedly agree, but it's hard to fight the stream. That's where the world is going. Semi-dyslexic millennials and all that. One possible partial workaround is the PornHub approach, the "seek scope": a visual indicator of the number of views plotted over the time axis. It makes it easier to seek to the juicy bits instantly. As usual, porn sites have leading edge tech. |
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So to hear Lambie and Torque tell it, the Chinese/Iranian and Western elites were all in on this scam together to fool us?
Yeah, not sure I am buying that.
Not quite what I hear them saying, but here's a sobering narrative on markets and the situation. https://www.youtube.com/watch?v=SroVO0DsLFQWell, 25 minutes of rambling for what could be a couple screens of text... that's just what makes most youtube preachers annoying to me. Hard to put it down in writing, eh Greg? If you ask me, we have better sources here in the WO. |
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https://twitter.com/PrisonPlanet/status/1238254013201727494"Not to downplay coronavirus, but the 2009 swine flu epidemic infected 61 million Americans, killed over 12,000 and I don't recall anywhere near this level of hysteria." By the way, stock futures did not bounce with us just now. That was all King.  I don't understand this irrational fear of the virus either. The conspiracy theorist in me thinks its a con job to shift more assets to the wealthy, and give the governments more power. Especially the bit about the governments grabbing more power sounds sinister but rings true - it's the emergency, you know. |
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Below 5k again. Double dip ongoing?
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Yes we seem to be well over 5k again at last. The double dip warning does make sense though. Careful bros.
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@mindrust sorry for your loss.
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I believe Torque is correct, Our overlords will absolutely blame the virus on the market movements and the FED's reaction to printing 1.5 trillion to prop it up longer. One must wonder if it was entirely engineered and timed, the virus, the panic, the markets, the money printing. Idunno  Wouldn't put it past them if the WHO and other establishment organizations played it down until they got ready for some good old insider trades before ringing the alarm bells. I'd be seriously surprised if there was anything that they could learn this late in that would shift the situation from "who cares" to "full panic". These issues are too well studied. /tinfoil I think all the downplaying the WHO could do is already done. It was used up in the early stages to delay world awareness. Now they declared pandemic status already, so it's kind of a capitulation in that regard. This doesn't mean the virus won't be the scapegoat for all the past and present market fuckery. As for future fuckery, it can be justified by the ensuing trouble alone. No one says no to helicopter money. |
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Now is the time for Buffet to step in and market buy us up to 6 figures with his cash reserves.
Or buy back heaps of his own shares. Or snap up whole companies at bargain prices, which would be more like him. For some reason, I don't see the old codger picking up cheep coinz. |
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Mindrust waking in the dead of night
checkin' out the price of btc
All our life
been titanium training for this moment, for this blight.
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Anyone else feel like getting blackout drunk?
way ahead of you man I've finished drinking for the day. Started at 9:30am. Had a good nap. Continued drinking. I've never "lost" this much money in a single day before. Multiple millions across BTC and my traditional investments. This is fine. Hoards of zombies have not...I repeat...have NOT started assaulting the compound as of yet...still running heightened security protocol's and roving patrol's for safety sake until further notice just in case.  Hunker down and hang in there folk's..the next 24 hours are critical... That is all. TOXIC!! I merited you just for showing up. |
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Wont be long before this fizzles out everywhere else too.
The places with warmer climates aren't even having a real problem to begin with.
Money printers wont be able to unprint though.
The last point is the crux IMO. There are going to be mid- and long term effects that can't be undone or even prevented. Apart and independently from the gust of inflation, just think how many insurance companies (especially large reinsurers) are going to end tits up. |
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Btw, the gleaming bright side to all of this crap:
Once this bear market is over (in all markets) and has bottomed, we won't see this type of thing again for a VERY long time.
Mark my words, we'll have another ten year epic bull run that will defy all gravity, logic, and common sense.
The Fed will make sure of it.
I've been wondering about that. How long will 0% interest rates and QE keep working? It seems we get diminishing returns from that nonsense. That's what I meant when I said they're running short of ammunition. Going into negative rate territory doesn't help as much as lowering positive rates. Print as much as you like, sooner or later the rubber band snaps. |
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Shit's gonna be apocalyptic tomorrow when the markets open.
Brace for maximum pain.
HODL strong. It's going to get worse.
Bawb gets the 'early prophet' award this time. "I called it first!" Yes man you did. |
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I'm thinking of playing the US stocks a little more. There is some predictable price action ahead.
For example: By the end of the week, some kind of stimulus package will be passed by the government. Markets skyrocket. Next week, following logarithmic viral spread and increased testing, the market will crash further.
It could be a risky game. Do they have many more stimulus packages available? Orange POTUS is already calling out the Fed as a bunch of wimps because they weren't prompt enough to do it again immediately. |
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With Win 10, they forced SMB 3 down our throats because v1 wasn't secure. Uh, whatever. Will they ever get this thing right?
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