Hey Nerds: Blockchain

[Preston]

Except Ayr! I'm predicting a bearish PR at midnight tonight!

 

[CH1]

Friday Night Bad News Special

 

[Volcanologist]

so it's going to take a shit now the rest of this year? or?

 

[fergy57]

Worst month since 2008! Fire off the headlines!!!

May: hold my beer

 

[Deckie007]

 

[fergy57]

Not sure who is paying attention to the rather red crypto markets, but this whole Terra/$UST situation is both fascinating and terrifying to watch (luckily I don't hold any of either).

 

[GEEMAN]

Not sure who is paying attention to the rather red crypto markets, but this whole Terra/$UST situation is both fascinating and terrifying to watch (luckily I don't hold any of either).

Invest in farms as Buffet says

 

[Deckie007]

 

[fergy57]

Inflation 8.3% reported. Cool cool cool cool cool.

 

[MindzEye]

Oof

Its a good thing that I don't want to buy stuff

 

[CH1]

Inflation 8.3% reported. Cool cool cool cool cool.

Bullish!!! Folks were expecting 8.5%

 

[Preston]

The CNBC headline writers are scrambling right now.

"Inflation fears still loom large with report today as investors race to sell their assets."
OR
"Inflation showing signs of deceleration as investors feel the worst may be over."


Completely depends on whether we're up or down.


TLDR: news doesn't matter. The reaction to the news is what writes the headlines

 

[Volcanologist]

it's all about the fears worries and concerns. those are the 3 words you keep reading.

 

[Preston]

it's all about the fears worries and concerns. those are the 3 words you keep reading.

Emotions. They drive price action and allow things to get extended in both directions. This is what creates that volatility.

 

[CH1]

....and the outsized returns

without the occasional fear that things are headed to zero, the market would be as profitable as a savings account

 

[CH1]

I had to buy Kim

View attachment 12168

worked out pretty well

The one and only

 

[zeke]

 

[fergy57]

Yep, thats a bad situation all the way around.

 

[fergy57]

If anyone is wondering why the markets are down today, Costco is raising the price of their in store hot dogs by $1.

 

[Preston]

"Sell the rips until it stops working"


CH1