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BITCOIN Discussion..........

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Tanko

Tanko

Joined
Oct 27, 2021
Messages
47,838
sorry gents but today's crypto rip was clear manipulation and will not hold.

he thinks people are stupid. we are not.

It was a transparent move and right out of the playbook.

it will fizzle out in the short term. watch.
I'm thinking when it drops again, he'll send out another statement of some type to keep making $ on the moves.
 
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KVB

KVB

Joined
Apr 11, 2023
Messages
15,427
hedging here and there with quick trades on bitcoin shorting etf BITI

Yeah, I timed this stock market perfectly and now have valuable puts that I may must hold.

I didn't do anything for crypto, I'm just ignoring the high priced stuff for now, not trying to really trade it.

But the stock market drop was forseable for sure and if consumers don't spend, we're heading to negative gdp growth for at least this quarter, but probably the next.

Let's see if Trump can bring out the plunge protection team again for stocks and it will be interesting to see the smoke and mirrors they play to hide the economic trouble.
 

homie1975

homie1975

Joined
Oct 6, 2022
Messages
1,331
Yeah, I timed this stock market perfectly and now have valuable puts that I may must hold.

I didn't do anything for crypto, I'm just ignoring the high priced stuff for now, not trying to really trade it.

But the stock market drop was forseable for sure and if consumers don't spend, we're heading to negative gdp growth for at least this quarter, but probably the next.

Let's see if Trump can bring out the plunge protection team again for stocks and it will be interesting to see the smoke and mirrors they play to hide the economic trouble.

speech writers working on it as we speak for ole 47 to deliver tonight.

i think we see a bump then it fizzles out between tomorrow and friday.
 

KVB

KVB

Joined
Apr 11, 2023
Messages
15,427
Trump certainly knows how to manipulate the market

I still remember the Kodak deal in summer 2020. That was wild

Huge loan supposed to go to them, Trump talked up the brand and said they'd make something like 25% of the active ingredients for US generic drugs.

A couple of guys in trouble for insider trading on that deal as one guy heard about the deal and told his cousin. They plead guilty.
 
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