/biz/ - Business & Finance

>>58354808
Uncle Jerome's Wild Ride

>>55720815
I thought it was too late when I saw it at ~$1.40. Oh well.
>>55720969
What a wild ride

>pay fee to buy ETH
>pay fee to send to metamask
>pay fee to swap to rubic
>fee cancels out the swap
>0 ETH, 0RBC
OMG THIS IS THE FUTURE

>>19325144
Domp eet
https://www.youtube.com/watch?v=Ji1gLZPeVpU

>>18944722
>I understand the risk of missing upside because I fall victim to the innate human desire to focus more on negative things than positive things
>everyone REALLY got ahead of themselves with their projections. Go figure.
Then since you're not worried about the meme flu, it would be easy to appreciate the risk of limited upside when we are 14% away from the ATH after the governments completely shocked businesses and brought the economy to a complete halt, and few corporations have guidance after their Q1 earnings, no?

>Resets like these are good to accelerate the demise of certain companies and industries that had no business being alive in the first place
>You're also ignoring the sheer mechanical aspect of what happens to equity valuation when risk-free rates come down 100bps
this is a confusing part about your stance. in essence, many of these corporations valuations are solely held up by these low rate loans which support buybacks. few will go under except shit that was already going under, assuming we keep this low rate environment and credit doesn't squeeze. We likely can't have an appreciable number of companies go out of business and have valuations go up.

>>18944749
in '08 they snagged up a bunch of mortgage backed securities (just clumped up mortgages) and T-bonds to get cash into the banking system. If they try to take put those assets back into the system, they're taking cash out, and it should raise interest rates. The one thing the FED is emphasizing right now is a functioning credit market. The sheets really don't mean much. It will likely only give a sense of how much deflation the FED is fighting. It seems like they're actually doing great.

>>18619804
>we got a cure that's 99% effective being mass produced, vaccines in clinical trials, and we already apexed. What a nothingburger.
kek. It might be a nothingvirus, but the fucked up underwriting and leverage and the cascading effect of these poorly run businesses is an absolute burger. Financial institutions can't even last one full month without incurring serious losses. Many places with physical presence threatening to not pay rent. Not nearly enough people have business interruption insurance. This absolutely is a somethingburger. Enjoy the ride.

>>18604183
yeah, that's seems right. I was surprised we are already going down. I was expecting it to go up until today or tomorrow.

>>11579905

>>4802841
It's a tether exit scam.

Why would anyone trade on Bitfinex?!!? I've been in crypto for 1 whole fucking month and there are like a 42343245 different exchanges to use besides the one making up magical USD.
Like is everyone blind? Been using the site for a while? I don't get it. Why choose the possible shady site over the others that don't do shady things. Am I insane?

>>4456984
>mfw I was in on wolong in the dogecoin pump of 2013
No.