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Question: Is the "bear market" over?
Yes - 47 (41.6%)
No - we need to sweep the low again - 24 (21.2%)
No - we need to set a new low first - 26 (23%)
No - other (explain below) - 16 (14.2%)
Total Voters: 113

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 27080469 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 1 users with 9 merit deleted.)
Richy_T
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Today at 03:42:05 AM
Merited by vapourminer (1), Hueristic (1), d_eddie (1)
Huang has been the mastermind of the circular financing going on whereby he gives money to companies to buy Nvidia GPUs.

https://www.youtube.com/watch?v=hhVpOvpXUEE
https://www.youtube.com/watch?v=EhgjJBcc0Es

Note that saying there is a bubble is not the same as saying that AI has no future.
somac.
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Today at 03:51:04 AM
Quote from: Richy_T on Today at 03:42:05 AM
Huang has been the mastermind of the circular financing going on whereby he gives money to companies to buy Nvidia GPUs.

https://www.youtube.com/watch?v=hhVpOvpXUEE
https://www.youtube.com/watch?v=EhgjJBcc0Es

Note that saying there is a bubble is not the same as saying that AI has no future.

Is that financing in trouble though? guess we'll see soon enough.
Richy_T
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Today at 03:52:31 AM
Quote from: somac. on Today at 03:51:04 AM
Quote from: Richy_T on Today at 03:42:05 AM
Huang has been the mastermind of the circular financing going on whereby he gives money to companies to buy Nvidia GPUs.

https://www.youtube.com/watch?v=hhVpOvpXUEE
https://www.youtube.com/watch?v=EhgjJBcc0Es

Note that saying there is a bubble is not the same as saying that AI has no future.

Is that financing in trouble though? guess we'll see soon enough.

I mean, you *can* avoid watching the videos (especially the first one) where that is explored. That's totally up to you.
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Today at 04:01:55 AM
Merited by Richy_T (1)
Whatever it is, it hurts.
somac.
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Today at 04:08:15 AM
Quote from: Richy_T on Today at 03:52:31 AM
Quote from: somac. on Today at 03:51:04 AM
Quote from: Richy_T on Today at 03:42:05 AM
Huang has been the mastermind of the circular financing going on whereby he gives money to companies to buy Nvidia GPUs.

https://www.youtube.com/watch?v=hhVpOvpXUEE
https://www.youtube.com/watch?v=EhgjJBcc0Es

Note that saying there is a bubble is not the same as saying that AI has no future.

Is that financing in trouble though? guess we'll see soon enough.

I mean, you *can* avoid watching the videos (especially the first one) where that is explored. That's totally up to you.

I'll give them a watch when I have time. But I'm pretty sure its small in comparison to total Ai funding over the last few years.
somac.
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Today at 04:10:00 AM
Quote from: d_eddie on Today at 04:01:55 AM
Whatever it is, it hurts.

It always hurts, but as usual it will just be another crisitunity.
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Today at 04:17:08 AM
Merited by JayJuanGee (1)
The circular financing story is lame, imho.
I would rather call it "building infrastructure".

What do you want them to do with their billions: burn them on truly stupid stock buybacks as most of corporate America does?
Apple is a good example. I would call stock buybacks a "destruction of capital", but WS loves it, misguided by some like W. Buffett.

Is an investment of $26 bil in Anthropic IPO by multiple "heavies" also a circular financing, then?
This is hilarious!
Richy_T
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Today at 04:20:26 AM
Quote from: somac. on Today at 04:08:15 AM

I'll give them a watch when I have time. But I'm pretty sure its small in comparison to total Ai funding over the last few years.

Right. But perception is reality.

In fact, I would claim that it would be unusual if there *wasn't* a bubble with such hot new tech.



But I'm not trying to convince anyone. Just stating the way I see it.
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Today at 04:32:25 AM
Quote from: Biodom on Today at 04:17:08 AM
The circular financing story is lame, imho.
I would rather call it "building infrastructure".

You seem to look to the future with the belief it will be how you want it to be and not that it will evolve according to existing conditions. Quite solipsistic.

Quote from: Biodom on Today at 04:17:08 AM
Is an investment of $26 bil in Anthropic IPO by multiple "heavies" also a circular financing, then?

It is if it is and it isn't if it isn't. It Anthropic buying large quantities of hardware and/or services from those heavies?
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Today at 04:34:09 AM
Quote from: Richy_T on Today at 04:32:25 AM
Quote from: Biodom on Today at 04:17:08 AM
The circular financing story is lame, imho.
I would rather call it "building infrastructure".


You seem to look to the future with the belief it will be how you want it to be and not that it will evolve according to existing conditions. Quite solipsistic.

Yeah, you are probably right about that.
Guilty as charged.
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Today at 05:24:57 AM
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Quote from: ChartBuddy on Today at 05:01:07 AM

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$68k?

Did Satoshi cheat on his wife?  Grin

(read it on X Cheesy )
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Today at 06:25:38 AM
I have to admit, i'm quite fine with this dip.
Set a limit buy at $68.500 some weeks ago.

But this time i tricked the system by making a market buy higher (around yesterdays low), because when i do that, it almost always goes lower (but ultimately higher, again).  Cheesy
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Today at 06:40:35 AM
The bear is desperate.

Our decision to invest and buy the dip should also be desperate.

Buy the dip and continue to hold! The opportunity lies ahead.
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