/biz/ - Business & Finance

>>26887613
Elon is good guy but he is quite ignorant here, tesla shorters enabled his own stock to go up

it will go much lower and it will take years, that can mean it is not guaranteed bitcoin will ever recover something might replace it or quantum computing etc. more advanced technology comes into play

silver bubble too after it bursted 7 years straight retails and silver+gold bugs were asking is "when will go up again"

>>11742417
there are too many people trapped in their losing positions they cant / refuse sell on loss, it's a vicious cycle so the price goes down slowly or stagnates. the whole dynamic of the crypto market is that few big whales control a lot and when they decided to liquidate the majority truly was the majority holding bags

>>11260094
valuations are worthless in current conditions, many hedgefunds have gone broke using old metrics to measure market etc. since sub prime. even techical trading hedge funds have gone broke betting against spy, cause they dont understand at all what they are doing. professors like shiller have been dead wrong for years because of this

P/E ratio of sp and dow was highest absolute bottom of sub prime dow jones, it indicated buy signal, not sell signal that time. So where does this theory of high pe even come from? 50's thinking

Just an example of these stupid beliefs people still have of markets and fundamentals