/biz/ - Business & Finance

KRE -8.11% on the day. This does NOT happen frequently.

Each of the pink circles are highlighting the times it has happened. Those dates should look familiar. When we see this type of volatility in the financials, the fed came in not to long after.

Will this time be different?

Yes, henlo whomst do I speak to about an immediate refund and no I will not hold

I closed my shorts even though I said I wouldnt

AAAAAHHHHHHHHHH WHAT THE FUCK IS HAPPENING FUUUUCCCKKKCKCKCKCCK IM RUINED

I’m holding SQQQ
>Beware the ides of march

i bought calls on everything, am i fucked?

>>54004051
You ignored instances when it preceeded pumps on purpose I guess.

>>54004051
Hey lil' soldier you ain't ready for war, R.O.C. too strong for y'all
It's like bringin' a knife to a gunfight, pen to a test
Your chest in the line of fire with your thin-ass vest
You bringin' them Boyz II Men, how them boys gon' win?
This is grown man B.I., get you rolled into triage biatch, your reach ain't long enough, dunny
Your peeps ain't strong enough, fucker
Roc-A-Fella is the army, better yet the navy
Niggas'll kidnap your babies, spit at your lady
We bring knife to fistfight, kill your drama
Uh, we kill you motherfuckin' ants with a sledgehammer
Don't let me do it to you dunny 'cause I overdo it
So you won't confuse it with just rap music

>>54004075
Financial speaking; I believe the technical term is “heemed”

>>54004067
I've been holding SQQQ since May of last year because I knew there would a sudden unexpected dropoff like this. Who's the retard now?

not one post about shorting svb when it mattered
a thousand posts about generational buying opportunity
/smg/ you've beclowned yourself

>>54004098
TORO

>futes

>>54004076
are you literally fucking retarded?

>>54004098
I shorted WFC today, same sector.

>>54004076
I think you need to read my post again anon.

>>54004092
uh you are for riding it through multiple highs

>>54004098
It was literally posted everyday during last month. You need gold pass to see all of the posts though, so I guess that's the issue.

And just like THAT!
I'm losing all of my money again!

>>54004117
Except soon I will qualify for long term capital gains on my leveraged short.

>>54004108
>>54004116
You guys are blind and have agenda. There are more significant drops in the chart than just those 2 marked with pink dot, but author ignored them because they preceeded huge pumps afterwards.

Jerome's been dropping hints.He said all the big banks were safe from commercial real estate exposure for example this week, but didn't say shit about the small ones.

Wonder what the play is, just go long big 4 banks because the regionals are gonna get smashed?

>futures
>presents
>pastas

Mellow out. There won't be a disaster.

>>54004137
Actually I'm retarded. Please ignore my posts. I think I'm convinced I have detectable brain damage at this point.

>>54004154
Jerome helping lower the price for the big guy

When the s&p turned red for the day, I considered opening a pretty large short. I would have made 600 from it instead I'm down 330

YOU WERE FOREWARNED
YOU WERE FORETOLD
YOU DIDNT LISTEN

>>54004154
The system is already skewed in favor of the big four because they're the ones considered too big to fail so they can offer riskier porducts and offer better rates
I'm not sure what regional banks are supposed to do when times get rough honestly

>>54004168
I'd let her eat my hotdog you catch my subtle innuendo bro

Mr. Mott Capital please pull up the chart of Silicon Valley Bank overlayed on top of Bear Stearns

>>54004051
On one hand these banks are paying 0% on deposits while t-bills yield 5%.
On the other hand, they're unsurprisingly seeing some deposits pulled as the more financially aware savers shift their money into t-bills and competitive money market accounts themselves.
Then there's the inverted yield curve, and the fact that most of these banks have heavy exposure to legacy loans at the lower fixed rates from the QE times.

In the end I decided it was too hard to decide. Glad I stayed away.

>>54004168
Im trying not to burst out in laughter in the gym after taking too much proworkout

>>54004180
is that 50 cent?

>>54004136
how many reverse splits did you suffer?

>>54004180
>150
What a remarkable lottery ticket...

what happens when a stock hits 0?

>>54004180
>150
Market doesnt even have that much juice to squeeze

holy shit it is fucking over

>>54004188
I'd let you eat a nice Italian casserole with a small dish of mixed fruit and a glass of orange koolaid.

>>54004227
When it goes too low, to keep market compliance, the company does a reverse split if they want to keep going. This tends to drive the price even lower. Otherwise the company gets delisted and your shares are worth nothing.

EVERYTHING WAS GOING GREAT UNTIL THE JEWS CRASHED BOIL

>>54004180
>late one Tuesday someone purchased 100,000 call options for $0.50 each, betting the VIX will spike to 50 in May.
>Then on Wednesday, another 50,000 contracts were bought for $0.51 apiece.

Why would they let in on this to the unwashed masses? Why let them know the play to come out of top? MSN is supposed to be the opposite in saying that things are find and bullish despite overwhelming evidence it's not and yet we have so many articles and news outless all bearish leaning.

So if the MSN is bearish, and most of /biz/ is bearish, where /biz/ is a good sample size of retail traders in general, who is in the wrong here?

>>54004227
It dies.
It can do a reverse split before that though, which fucks with people who are holding uneven shares.

>>54004227
That's the best part it can't. It can go as many decimal points as necessary until morale improves or delisting.

>>54004180
He bought those at the literal fucking bottom of last year. Literal fomoing at the vix yearly highs.
Just because he has money doesn't mean he knows what he's doing.

>>54004249
The natural gas will rise again

>>54004244
I don't want that

>>54004227
It doesn't they just keep reverse splitting.

Anyone able to login on ibkr? Getting a security code failed message despite everything being correct

>>54004180
Imagine getting to short the VIX back down from 150.

>>54004294
You may be hooked.

>>54004294
that is called an exit scam anon

>>54004294
Works for me.

>>54004265
Ok, how about a nice spring salad with walnuts, cranberries, almond slices, and your favorite vinaigrette? I'll let you put 3 tablespoons of cheese. And then the nice bowl of mixed fruit and a glass of green Koolaid?

>>54004302
Institutional investors would be delivering truckloads of gold to you in exchange for providing a little insurance.

>>54004180
Hey it's 3 for free!

>>54004294
Mobile app works fine for me right now.

Just bought one share of apple. Tim cook works for me now.

>>54004192
OH... MY.... GOD...

>>54004364
>>54004338
Weird, might be their shitty app, but I haven't done shit that could warrant any weird behaviour; don't touch options or leverage

>>54004382
What is the secret code to the underage Thai boy rape dungeon? Tim has to tell you now.

>>54004251
That's the free market, go long brother

>>54004382
You mean Tim Apple?

>>54004388
Were you talking about the website? That always craps out randomly for me. I only use it for account management stuff.

>>54004384
BEAR sterns died in March?

So has someone already made a joke about how the lil schwabies will own nothing and be happy yet? Kek.

>>54004384
how to profit off of double digit unemployment and a world war and/or CBDC?

>>54004388
The desktop client is all kinds of broken. Some of the chart widgets brick the client if you add them to the view.

>>54004404
Can't login via their app or through the browser, naturally TWS will be the same since it requires the app key

It's the app key that was getting rejected, saying I had the wrong security code when it was absolutely correct

>>54004384
wow. im bullish on SIVB!

>>54004408
Please stop bringing up similarities

>>54004384
BUY THE DIP

>>54004419
Physical gold and tins of beans.

>>54004391
Its "jeets smell bad". Those thai boys work for me now not timmy. Put them to work in the rice fields, got some italian boys with guns offering protection from the chinese mobsters.

>>54004384
>not even 35
>already lived through 2 great depression

>>54004419
Buy guns, become warlord, get a harem of wives and make 200 babies, have them trade 0dte options until you are Rothschild rich

>>54004384
I was kidding AAAAAAAAAAAAAAA

>SVB ceo tells people to not panic
>sirs do not redeem your holdings!

>>54004419
Hold cash, you will be comfy until it all ends. The people that will suffer are the ones that are one paycheck away from having their house foreclosed.

>>54004448
When is your Birthday because you might see 3.

>>54004401
Listen here wiseguy. We go by official names not your nickname games. Who do youse think you are huh tough guy?

>>54004458
I'm unironically selling half of my portfolio tomorrow. I'm done with this bullshit.

>>54004384
SLURP

>>54004463
This. Fully leveraged guys and people who spend every dollar they make will be selling their house underwater just to be able to rent a hotel room.

>>54004463
>Hold cash

Yes, just let them erode it at 20% per year because the real numbers are obviously fabricated.

>>54004408
yeah then Lehman in October

>>54004477
If CS stays under 3 when I wake up I'm dumping most of my positions . I didn't think there was much downside remaining but that was clearly a wrong thought.

>>54004477
The capitulation of other investors is a beautiful thing.

>>54004503
Yes

How the fuck didnt you guys see this coming? Dont you do this for a living? I lost 800 dollars today listening to you idiots.

Fuck you.

>>54004492
>ust let them erode it at 20% per year because the real numbers are obviously fabricated.
Kek you dont lose money from inflation at the end of the year. Plus it doesnt matter if inflation is 20% if equities drop 50%. I still gained purchasing power holding cash.

explain this

>>54004448
It's been a great depression since 1912, in slow motion.
I shit you not, nor do I say this to scare or agitate you. Train Militia.

>>54004503
Many others before me made sacrifices to let my
portfolio grow. This time it's my turn. Hope we meet again someday.

>>54004492
You don't have to hold USD. You could hold $100 of each foreign currency or whatever, too. Metals could count.
I have cash, physical cash, and silver.

>>54004477
You dont have to liquidate. Just sell Covered Calls or buy Puts as a hedge against your position to profit on the way down without having start all over again.

>>54004477

>>54004518
I was down $680, switched from mumu to bobo at 10 AM and came out in the green for the day, made about $300 today kek

>>54004522
I suppose so.

What about muh boomer rocks?

>>54004503
I will never capitulate. Surely these losses will recover eventually. I will hold onto this until my dying breath as I have no work experience and could not get a job if I tried.

>>54004492
So what is your answer?
Invest into the stock market, which is also pegged to the Dollar, so you lose more in addition to inflation?
Buy Gold or Silver? Pay more than 20% in premium to buy/sell physical Gold, then it drops in price AND its still pegged to the dollar so you are still suffering the same from the inflation.
The only way holding cash is the losing play is if there is hyperinflation and your money becomes completely worthless, which is probably the least likely situation.

>>54004518
I'm up $50 cash, and down $500 unrealized, today.

>>54004518
Many of us did. That last CPI report that came in hot a few weeks ago shouldve sent alarm bills and shouldve shifted your positioning to bearish.

>>54004518
I tried to warn them. You can lead a horse to water and all that.

>>54004551
Just look at the price of it. Barely even doing anything. Inflation finally here and it just crabs along. Cash and t bills is fine. It builds more cash to buy equities as inflation slows down.

>>54004553
I thought my crypto folio was bad. What are you bagholding?

>>54004554
Markets move inverse to the dollar, not in the same direction.

To be fair it's not that bad. We could have our savings locked in Bitcoin for example.

The real contrarian trade is to buy the dip and go long kek

Fortune Favors the Degenerate Gamblers.

>>54004553
You'll be rich when you're 82 years old. Good job.

>>54004518
I've been ringing the warning for a whole year now.

>>54004589
Don't catch the knife yet, let the market bleed more

>>54003905
>It is possible today we found our Enron.
Who's he talking about? Credit Suisse?

>>54004576
Boomer mutual funds and as of last week some BOIL

>>54003899
Yes, even permanent residents must sign up for the draft: https://en.wikipedia.org/wiki/Selective_Service_System#Alien_or_dual-national_registrant_status

Although the odds of a draft actually happening (in an enforceable manner) are approximately 0. Which is good, because there are no good stock market plays to profit off one.

>>54004579
>Markets move inverse to the dollar, not in the same direction.
That is not what I'm saying. If you have 100k in stocks it's still 100k in USD, you are still experiencing the same inflation that you would if you had the 100k burrowed in your garden. Except now you are losing money additionally to the inflation.

>market crash
https://youtu.be/fNeHOgMtqqA
there just aint enough pussy heaven to go round bros

>>54004582
Least Bitcoin cant go bankrupt desu.
>>54004589
Nah too early to buy yet. We just got 2008 repeat started potentially.

>>54004570
>hurr durr,
>muh variable time scale
>muh variable value
>fits a shape when compressed unequally
nigger. this is a /chan/ your shoop is shit, even if you created it in a charting suite.

>>54004618
Thats why in Bear markets people tend to switch most, if not all, of their portfolio to bonds. Youre only supposed to be in equities in Bull markets.

>>54004609
Maybe. Saw someone mention earlier that they were cooking books by borrowing treasuring then loaning them out to a subsidiary or some such.

>>54004180
YOU GOT HOOKED

>>54004518
At least it wasn’t $801 dollars!

>down 8%
Sell at open or ride it out

>>54004652
These are not your normal average every day bear markets. Everywhere has been going down it's unprecedented. No where is safe to put your money in.

>>54004675
wait so much money did he make off this

Buttcorn is going to break below $20k.

>>54004697
Bonds will at least pay you "risk free" ~5% annually right now, while holding equities will pay you -100% at this rate.

>>54004697
so what does this mean?

>>54004697
Who would have thought pumping trillions of silly money into the economy would cause pricing mechanisms to fuck up.

Boomers destroying things, yet again.

>>54004582
>Tfw bought BITO during FTX sold @15
Lol riding crypto is EZ

>>54004728
Bro there was a deadly virus that literally was killing .00001% of people

China getting FUCKED

>>54004227
Mustard gas comes out of your portfolio

>>54004705
hes probably at breakeven now, VIX dumped to around $18 after this, and its now at about the same price when he entered

t. VIX computer trader

>>54004705
Contract looks like its 48 cents still so hes down 2 cents.

>>54004724
good, can't wait to stock up on cheap COIN agian

>>54004766
Why would you do this to yourself?

>market finds out warren bought more OXY
>market pumps OXY
>market then immediately dumps OXY
5.8 million shares for 350 million is like an average of $60.34 per share. I guess we are all just going to give this company over to the old dude. Yeah, sure, whatever.

>>54004754
asian markets arent even opened yet

> KO down 0.05% in AH
It's truly over isn't it?

So decided to view the VZ ticker this afternoon after my nap. I couldn't let such a nice gift (7+ yield) slip by. So I uh added a few more shares to my stash. Then I checked my e-mail for the last time and didn't do a thing the final 30 min of the workday.

>>54004754
Yeah Im strongly considering opening up a put position on FXI or YINN either tomorrow or Monday. The charts look ugly af. Do you know of a news catalyst thats causing issues in the Chinese markets?

>>54004780
futures

i can't believe people would bully a perfect creature as selena
she's so cute and quirky and we'd be very good together

>>54004705
a million dollars

For two weeks now I've been buying all the dips.

On sqqq.

>>54004180
People that don’t understand options or volatility writing articles about both makes me irrationally upset.

They aren’t betting VIX will close over 150 at that time they are betting it will spike between now and then. If you buy a waaaay out of the money option for a ten cents and it goes to fifteen you have made 50% return before fees. It’s a volatility and gamma play. Nobody thinks the VIX is going anywhere near 150 ever. That’s retarded.

People that don’t understand options should stay the hell away from talking about options.

>>54004750
The response to covid needs to go down in history as the dumbest shit humans have done in modern history
Anything short of that is under selling it

>>54004776
If crypto is here to stay, then COIN is here to stay. Not a horrible idea to be honest, but I wouldnt slurp it just yet.

>>54004778
>e. I guess we are all just going to give this company over to the old dude. Yeah, sure, whatever.
Yeah I feel he will make an offer to buy soon. And will somehow greenwash it all away because of their meme Co2 projects.

>>54004786
Anon this morning said that xi has been make it known that there wont be any stimuli and that Yuan is now strong currency, and apparently their top business leaders are looking to get out of china togetehr with western producers.

A shame their inflation numbers looked good yesterday

>>54004107
KOBE!!!!!

>>54004419
Just lose less money than the people around you. Shouldn't be difficult considering most people are going to be taking a 75% haircut to their net worth.

i've been 100% in money market fund for a year. are my funds safu

>>54004843
lolno

>>54004814
That was my thesis at first. But then I looked at how much fucking cash they burn every quarter. They don't make money.

>>54004804
But technology is the future, anon!

>>54004227
Shorts get infinite money which crashes down the entire economic system

>>54004384

>>54004823
He owns what 25% of it already?. All it takes is 26% more and he assumes control.(51%)

>>54004825
Perfect, thanks anon. I'm a charts TA fag and FXI came up in my scanner and checked all my boxes today- as far as TA goes it is picture perfect. This news catalyst now is all I need to pull the trigger. Let's go!

>>54004867
Normalfags really can't manage even the smallest amount of money

>>54004786

People's Congress only targeting 5% growth since Monday. Fears of Fed higher for longer & Dollar strength causing Asian market fears in general.

DADA/JD earnings also showing growth slow down.

I exited my last lot of YANG. Hang Seng is going to hit a support zone. I'll revisit it later.

>>54004863
Yeah and hes got warrants. Idk if that current 25 counts that.

>>54004867
consoomers are a blight on this earth

>>54004852
Yeah true, I would wait to see if it makes it out on the other side, but if it does, it basically has a monopoly on the entire mainstream KYC side of the industry.

>>54004877
Or people understand that when interest rates are lower than inflation, then money is cheap and it's better to buy shit on debtmaxx now before inflation raises prices 30% again.

>>54004518
>*I lost 800 dollars today listening to shills

1989 USSR moment, hope you're ready :^)

by not raising the overnight rate, is canada purposely devaluing their currency and ignoring inflation to avoid damaging their housing market? just trying to understand things so I can more accurately bully leafs

>still selling off in after hours

I AM NOT COVERING MY SHORTS TILL WE SEE EM LOCKED LIMIT DOWN!

Is Mott Capital a real thing?

>>54004867
I hope the sushi and $13 cocktails were worth it.

>>54004878
Thanks anon. I've heard the 5% growth target story a few days ago, but wasn't quite Bearish enough for me to go in yet. But this latest news definitely is.

>>54004829

>>54004915
Correct. Remember: canada's entire GDP is oil and the housing market, and they're trying to kill their oil industry.

>>54004416
Anyone doing business with SVB is fucked but Schwab stock is getting heemed only because the SEC is fucking with their revenue. That's separate from zeroing out their brokerage business (which, like all brokers, has an equivalent to FDIC insurance).

>>54004813
but anon we needed to punish trump and his supporters for being racists no matter what it cost

Nearly
half

>U.S. venture-backed technology and life science companies bank with SVB
44%
>of U.S. venture-backed technology and healthcare IPOs in 2022 bank with SVB
>$74B Total Loans

Ah... oh boy this is going to be fun. Who is picking up these loans?

>>54004936
got it. thanks.

>>54004895
Yeah I am sure it's a really smart financial decision to buy overpriced useless shit with your credit card that has a 20% annual percentage rate.
They are playing the banks so hard.

>>54004878
not being a dick, but why would you exit out of YANG right now? don't tell me youre looking at the late feburary level as serious support?

>>54004854
I unironically agree. But not the near future.

>>54004867
>>54004877
They arent even human at this point. So many of these idiots ive met in oil and gas. Making $200k a year and cant find a penny.

>futures

>>54004814
Isn't one of the points of crypto to not need a middle man?

>>54004531
Nothing out of the ordinary, just their PPI lowering, which strengthens the currency.

>FUTURES

>>54004948
The tax payers

Lads, when backtesting on Tradingview, it maintains data for each trade, noting when said trade was open or closed. However, in my broker, it only maintains a count of shares long or short. Why does this matter?
In particular, if I was long say, 10 shares of SPY, then my strategy called for me to sell 5 of them, I'm having a hard time trying to account for whether that would partially close out my open trade, or be counted as a new trade. I think it's so it can calculate per-trade metrics like drawdown, but it's a fucking weird way to do it

>>54004936
We have mining and pulp and paper, and possibly energy. It's a mining cartel acting like a country.

>>54004957
Agreed with this though, YANG just broke out to the upside of consolidation right now on this very day. It's ready to go. This thing will squeeze for at least another few days.

>>54004971
That cope was discarded long ago. It's le digital gold now honey.

>>54004679
People are shook and financial crises are extra scary. Watch non-farm payrolls (and the market's reaction to them) like a hawk tomorrow morning.

>>54004384
>>54004419
>>54004448
>>54004458
>>54004857
SVB is fine anons do NOT pull your money out

>>54004754
>YANG: +11.53%
Someone give that one guy a medal.

>>54005000
BEAR STEARNS

>>54004984
>We have mining and pulp and paper, and possibly energy. It's a mining cartel acting like a country.
No.

>>54005000
Okay Jim.

>>54004948
>Nearly half U.S. venture-backed technology and life science companies bank with SVB
>44% of U.S. venture-backed technology and healthcare IPOs in 2022 bank with SVB
>$74B Total Loans

Ah... oh boy this is going to be fun. Who is picking up these loans?

>>54004982
Deleted since formating was shit... that's not how it works. In the GFC when banks collapsed other banks picked up the Loans and collected on them the only issue is the new institutions want their money and are much more aggressive.

>>54004955
Credit card users can remain irrational longer than issuers can remain solvent.

>>54004937
>if major brokerages start going under don't worry government insurance and insurance companies will be fine

>>54004957
>>54004986
I entered YANG Feb 1st-2nd. It's been over a month and my target is hit. I exit. I trade. Nothing more nothing less.


If there's more juice in the tank I can catch it again after the chop.

>>54004783
Picked up some VZ for the long term today, what's your longest hold KOboomer?

>>54004974
>strengthens the currency
It's worth noting that in a vacuum, money will flow between currency and equities depending on whether markets want to go risk on or risk off. However, a strong currency and a strong equity market looks good compared to foreign markets. Just something else to consider.

>>54004987
>>54004971
Crypto is supposed to be:
>robust (about 60% of nodes were controlled by China/India/Russia)
>decentralized (requires trading on exchanges now, for the most part)
>anonymouse (governments require KYC)
>a store of value (used like cash and traded wildly)
>efficient (power usage is extreme for POW systems)

>>54004961
this dude could have been the next henry cavill but threw it all away by doing roids and drugs lmao

>>54005000
Buddy, I never pull out.

More red tomorrow then ?

>>54005042
Issuers will just be bailed out by the government. I‘be seen this movie before

>>54005050
That's the handsome looking frog/toad

>>54005021
I'm just parroting what I heard. Maybe anon meant in terms of export?

>>54004843
Yes, because that kind of stuff is effectively an Alamo. The panicked money printing in 2008 was explicitly to defend money markets from the most hilariously named phenomenon in finance: https://www.investopedia.com/terms/b/breaking-the-buck.asp

>>54005068
Could be red, but if so we'll be turbo-green the whole week next week. Instead I predict neon green tomorrow so that next week can be a blood bath.

>>54005068
Ask Biden. He's staring at the Jobs Report right now. Us plebs have to wait for 8:30 EST before we can get that red/green dildo.

>>54005031
>other banks picked up the loans
The FED ends up printing money to bail out the banks. Causing inflation, therefore the taxpayer is paying for jt

>>54004037
>SILICON VALLY BANK TOLD SOME CUSTOMERS MONEY TRANSFERS ARE 'BACKED UP'

Ooooohhhh shit, its happening. "system failures" and "backed up freezing" is never a good sign kek

https://youtu.be/F3goSYkVPNE

>>54005083
Still not, but that would explain his post better. Note that "energy" means "oil and gas".

>>54005000
Trips of hilarity.

>>54005076
Non-cartoon frogs aren't appreciated enough.

Short BBVA
That's it, only 6 more hours until then.
You're welcome.

>>54005068
The market could go up, down, or sideways. Bulls will be looking for momentum to the upside breaking key resistance. Bears will be looking for momentum to the downside breaking key support. Crabs will be looking for false breakouts that return to the center. If price breaks key support, prices could move lower. If price breaks key resistance, prices could move higher. If price fails to break, it will move sideways. Traders will be watching key levels next week for more information.

Threadly reminder this is the Corporate Investment Officer for Silicon Valley Bank
SAY SOMETHING NICE ABOUT HER

>>54005000
Reminder LJIM was green today

im drinking really old orange liquer
its still good

>>54005094
I am absolutely certain SBV will be bailed out and I expect this to be announced tomorrow before market open. Shittons of small caps rely on them and I don't believe the US can afford to domino them into bankruptcy. This also completely destroys the build back better narrative. Can't have that!

>>54005068
Yes but Monday will be worse since people will have more time to panic.

>>54005053
>robust (about 60% of nodes were controlled by China/India/Russia)
sounds quite decentralized compared to 100% nato swift and the networks are working
>decentralized (requires trading on exchanges now, for the most part)
most part, with cexes losing market share to everything onchain
>anonymouse (governments require KYC)
depends on you. many ways to "lose" your crypto
>a store of value (used like cash and traded wildly)
stable coins
>efficient (power usage is extreme for POW systems)
pos, different pow forms, and since when is electricity usage relevant if it beats a few million chair warmers in banks and brokerages

>>54005124
she transitioned very nicely

>>54005112
Consider wosh https://files.catbox.moe/o9722e.mp4

>>54005125
Lmao

>>54005045
If it's Worse than 2008? All bets are off, sure. But you can read up what happened to Lehman:
>Lehman’s bankruptcy caused minimal disruptions to most customers of its broker dealer, Lehman Brothers Inc. (LBI). One reason is that, by law, customer assets and Lehman’s own assets were segregated. Also, perhaps because the bankruptcy was to some extent foreseen, a large number of customer accounts transferred out before LBI’s default. The table below shows that free credit balances (which are similar to bank deposits) in LBI customer accounts declined more than 60 percent in dollar terms between May 2008 and September 19, 2008 (the date that LBI filed for bankruptcy). The number of items (a proxy for the number of accounts) declined over 20 percent.
-https://libertystreeteconomics.newyorkfed.org/2019/01/customer-and-employee-losses-in-lehmans-bankruptcy/

It was only really slow/retarded institutional level customers that suffered major inconvenience.

>>54005108
stock market related post

>>54005108
I love it. Fuck the Tech sector. May it rest in the abyss of the smug, ESG, inflationary, woke hell hole that it crawled out of.

>>54004914
Time to rewatch Lord of War...

>>54004928
No, but Mott Capital (TM) 2023 is.

>>54005147
>If it's Worse than 2008?

Anon, I...

>>54005143
She gives great investment advice too

>>54005142
At the peak, I think China had something like 47% control of validation nodes, if they hit 51% (or colluded with foreign entities) they could basically fork the ledger and write a new canonical ledger. Not great.
It's hard to buy more coins with money since regulations hit. CEXes are safer, of course, but need KYC, and it leaves a paper trail.

>Stablecoins
These are still risky. Look at how easily FTX crumbled when auditing came into play. Several stablecoins still have not been fully audited with proven backing
I'd even argue that POW is better economically, since it drives power consumption, therefore oil/gas/coal/nuclear prices

>>54005047
Dis nigga trading the 9's lmaooo

>>54005162
My favorite part about tech crashing is all these online influencers and professional beggers will basically lose their "jobs". And they will record themselves getting poor in real time.

>>54004914
Nah, the federal government might be fucked up but many states are still functioning. One perk of separation of powers is that shocks can be absorbed and the entire system isn’t dependent on a few actors. Texas and Florida are running budget surpluses with plenty of hard goods to back it up. The Soviet Union was a paper tiger in ever sense of the meaning. The US could fragment, but North America at large isn’t done yet.

let me guess, Cassandra-man reopened his twitter account?

>>54005108
WOW HOW COULD THE WORLD ECONOMIC FORUM HAVE PREDICTED THIS

>>54005200
no I trade the 13s...

>>54005197
>China
its not like it was the ccp that controlled it, millions of small to medium sized farms a few big once and since then its has further decentralized
>stable coins
>ftx
you are not qualified to have an opinion on crypto or voice it

>>54005197
>they could basically fork the ledger and write a new canonical ledger. Not great.
Except then people not in China would move to a Chink free chain. Exit in crypto is a thousand times easier than in SWIFT (or equivalent).

>>54005210
Bobos saying the sky is falling and it won't

Took a break from /smg/ last two months since I'm 95% cash. Unsurprisingly we've gone absolutely nowhere and crab won in the end like usual. Looks like some happenings are starting though so maybe the market will fucking DO SOMETHING

How's everyone been? Any new spice or drama or shilling I missed?

>>54005224
Nigger, it was an analogy. My point was that any shitcoin is going to have a "just take my word for it :)" approach. Stablecoins have not been adopted officially by any government, there is no oversight and regulation. My point was that it took a gentle fucking breeze to shatter an entire exchange and lose billions.

Ok i was feeling good about letting my puts ride but red futures + super bearish smg is a sure formula for a green day, FUCK

When will saylor be liquidated? Can I buy CDS on MicroStrategy?

I caught a few shares for 74 on SIVB. definitely due for a retard bounce.

>>54005255
I'm exiting my short in the morning. I expect a gap down into a retard rally.

>>54005136
Nice, dont drink too much, drink just enough
Always remember anons your body is an investment too

>>54005214
>nukes flying in 5-10 years

>>54005208
Dude, the soviet union fragmented, but the countries still exist as well. What a funny comment.

>>54005204
Me too, anon. Me too. The past 10 years of smug, self-righteous assholes with no skills and nothing contribute to society are going to go down the toilet- laid off at worst, or made redundant with AI at best. Only people and companies with essential skills and services to contribute to society are going to flourish in this new paradigm. Remember to thank Jerome Powell for raising interest rates and flushing the trash down the toilet.

>>54005247
Regional banks are starting to look bullish

>>54005274
I think I will do the same, depending on my magic meme charts tomorrow I might even sink my beer money into some stupid calls

>>54005192
You're forgetting that The System has built up bailout muscles since 2008, the repo crisis, COVID, the gilt crisis...

Like I said, unless you're a tard with $50m parked at Credit Suisse or SVB, you should focus on *what* you're invested in rather than whether you'll be able to cash out.

>>54005247
Cashbros we continue to just chill and win.
Imagine wasting time and energy daytrading in this shitshow and still end up losing money.

>>54005208
>1 post by this ID with the same shill copypasta that's been reposted a million times
+15 EBT credits have been desposited into your account, thank you for your service Pvt. Gonzalez-Freeman.

>>54005192
>The combination of a high level of longer–term asset maturities and a moderate decline in total deposits underscores underscores the risk that these unrealized losses could become actual losses should banks need to sell securities to meet liquidity needs.
Fucking GRIM

>>54005276
Im maintaining a euphoria buzz from mushrooms. Was really hard to not laugh while in the gym. Thankfully the peak was right as I was walking in.

>>54005255
>>54005274

yup I think this as well. I smell that Retard rally potential.

>>54005313
The last round of bailouts were done back when we didn't have inflation though...

>>54005254
>it took a gentle fucking breeze to shatter an entire exchange and lose billions.
No, it took a rat-faced methhead gambling her boyfriend's money to bring it down. FTX was a fly by night scam for normies.

On the other hand, things like Tether or Binance are lindy.

>>54004814
I will buy COIN when it hits $10 a share. That is the fair market price I am willing to buy it at.

>>54005346
They also didn't exacerbate it because greedy Jew banks hoard cash rather than spending it. That's why a decade of QE only resulted in 2% real economy inflation.

Buttcorn is about do it, oh shi-

>CRAMER IS TELLING YOU TO BUY BUY BUY!!!!
>SVB IS NOTHING
>FEBRUARY JOBS WILL BE COOLER THAN EXPECTED
>BUY BUY BUY FAGGOTS!!!!
It’s fucking over!

>>54005204
It would be really funny if this kind of shit is what causes Amazon to drop Twitch. That streaming site has never been profitable since 2014 and I would imagine Bezos is PISSED that his company is spiraling down.

>>54005379
wake me up when Corn hits 7K and pink wojacks fill /biz/ like the good old days

>>54005323
Based cashgang. We're chilling collecting a nice yield. Only "trade" I made recently was grabbing a Nvidia put for next year when it hit 235. Literally no stress, just watching the fireworks

>>54005341
man ive never done shrooms and gone to the gym that sounds rad
ive done acid and gone to the gym a lot though
the psychedelic/fit/biz bro life is the only way for me, you too know the way

>>54005379
I'M FEELING IT

My dumbass is still holding boil

>>54005379
to be fair, BTC has been lagging the rest of the markets for at least a year

>>54005014
I was buying YANG last year at 30$ before it was cool.. only another 200% to go to break even hehe

>>54005433
Winter is cancelled, even the nips took down the tree snow protectors yesterday

Fuckin Jews got me contemplating sell orders. What the fuck man.

>>54005456
I see, so you're saying you haven't capitulated yet.
Looks like I will be selling after all.

FUCK WEAK
NO RESPECT
NO CHANCE
WEAK WEAK
CEASE AND DESIST WHEN I CHANT
FUCK WEAK
NO RESPECT
NO CHANCE
WEAK WEAK
CEASE AND DESIST WHEN I CHANT

>>54005204
>>54005288
>>54005392
Oh god I hope so. There will still be the very top of streamers/youtubers/etc that will make millions thanks to branddeals, but can you imagine how funny it would be if all these useless people in their late 20s that dropped out of college to stream video games for a mediocre income will record themselves becoming poor?
This is will be like the fat fuck Boogey but on crack

>>54005287
The countries were all Warsaw pact ie under the direction and control of the Kremlin. Everyone who understands 20th century history knows this. They didn’t break away in segments. It happened simultaneously. This belies a centralized organization. The states have many legal precursors that differentiate one from the other unlike the former SU.

>>54005476
I mean, I did a little as an appeasement.

>>54005417
I started growing them. Feels good to nurture something and then consume it. I tried with herbs for cooking but I killed those. Mushrooms while delicate are also simple in their own right. Self contained ecosystem that if you practice the right clean protocols it will grow and produce cheaper than buying street price. clean protocol isn't even that bad, I accidentially stabbed myself with my needle that I was going to sue to inoculate. Switched to the second and went on.

That said the experience of shrooms was a moderate one. I only got about a 45 minute real high where I felt the peak of it with lots of giggles and smiles. I mean I am smiling right now as I post this but I reasonably feel like I could keep my compsure if needed. Earlier? I was STRUGGLING to not laugh. Also my first squat felt different. Really felt every single muscle screaming.

>>54005349
Anyways, my point is that it doesn't have the characteristics I want it to have. If you want to be a maxi or have a strong position in it, that's fine too. I have a small allocation, 1-2% in it, but it's not a sector that really interests me

>>54005452
AHHHHHHHHHHHHHHH

I DONT KNOW IF I should cut my losses and hold cash or just Stick with it until next year.
I can use the losses As a tax write off right? My double digit portfolio

>>54005254
as anon said below, it was far from a gentle breeze it was a scam by a gambler that got lucky on finex in 2018/19 shorting and used the capital to scam normies and his jewish bretheren by trying to appear legite shaking hands with Gary Gensler.
If you used terra-luna, I could have taken you a bit serious, but you are not qualified to have an opinion do basic research

>>54005484
Russia and Ukraine have been states of the Soviet Union. What are you even babbling about.

>>54005325
>1 RMB has been deposited into your account faithful Chinese keyboard warrior.

Texas has a rainy day fund and enough oil to power the entire hemisphere with the infrastructure to boot. We run a surplus every year on our federal funny money. We could easily convert to Texas bucks if the US hegemony fails.

Hey Siri tallest building near me

>>54004384
So you're saying I should short?

>>54005512
It's literally a mexican woman fed shill, paid for with our capital gains dollars.

>>54005512
Russia was part of the Soviet Union?

>>54005050
Well I got a late start with my brokerage account. Didn't start it till late in 2018. So my longest hold is Disney. I first bought it in 2019. KO followed in 2020 The others were all bought at various points between 2020 and 2022. 2018 and part of 2019 was more of a trial and error period. First I just played around. (My trading history, well lets just say I'm glad entering summary data is an option when doing taxes),then I held a bio stock for a bit,ARMN, got lucky with it then I decided to quit the gambling while I was ahead and do more uh low key things.

>>54005518
god the delusion from my fellow texans is unreal

>>54005279
I believe that international conventions consider grenades as a weapon of mass destruction because it can cause injury to 3 or more persons at the same time. So Saddam did have WMDs, ironically.
I don't expect there to be a nuclear war, but a lot of dick waving and some mild armed conflict that will be exaggerated in the media. They always like to forecast these sorts of events.

>>54005529
no shi
https://en.wikipedia.org/wiki/Russian_Soviet_Federative_Socialist_Republic

>>54005548
I'm just havin a little funposting.

China is dead I guess?

>>54005299
>>54005305
Dumb fucks

JEPI and SPXS! and don't forget to execise at least 3 times a week!

>>54004037
>holding SVB and SoFi is my main bank
I'm fucked aren't i

>>54005567

>>54005574
Anon you're just trolling right?

>>54005541
How do you feel dependent on the Feds when we have quite literally everything going for us? Strong policing, strong economy, strong work ethic, enough wood/steel/gravel/coastline/food/oil. What else could you ask for? If you annex southern Colorado and New Mexico you have mining.

So is the Fed going to step in tomorrow or is there going to be some weekend mad rush like what happened to Lehman Brothers to try and split the bank to sell it off?

>>54005574
F

>>54005598
You also have strong migration from California

>>54005607
Step in? Anon, this is exactly what the fed wants. JPow will not see himself as the fed chairman who let inflation turn to hyperinflation. He'll burn it all down first

>>54005512
I don’t understand your point. Are you saying Ukraine was independent of Russia before 2014?

someone bake so I can post my thing

>>54005607
I don't think we're in panic stage just yet. Contagion from these events can take months to unfold even.

migrate
>>54000892
>>54000892
>>54000892

Re psycho bull
>>54000892
>>54000892
>>54000892

>>54005591
I'm not. Thankfully I'm a poorfag so not much value to be lost

baking

Well I sold my NVDA puts cause I'm guessing it'll bounce before it dumps more. Feels like tech is about to be deep into the red next week but idk, I just trade on gut feelings and not analysis

>>54005512
Oh, I meant the states (United States) as in “the states”

>>54005640
nigger

>>54005644
Well, RIP my man.

>>54005664
smol white cock mad af lmao

>>54005574
>>54005644
https://www.youtube.com/watch?v=N5PWBEatqAQ

>>54005641
faggot

>>54004867
there is no way that’s real

>>54005704
How is that the first time you've seen it? Just check FRED on St. Louis Fed Reserve website if you don't believe it.

>>54005500
That is awesome, I have never grown them but do like to grow vegetables and herbs. I cant do much more than a light trip or I would definitely lose my composure at the gym lol, Ive noticed my brain has gotten more sensitive to it over the years

>>54005858
I don't exactly know how much I was tripping on. They were dehydrated and cracker dry before I soaked them in some wine I was gonna drink. I wasn't feeling that far out there. Honestly if you spend $300 on it you can get a decent kit + order spores and do it as a hobby. if you have an under utilized closet its perfect. Keep it shut during portion of the cycle and open it up the rest of the cycle.

>>54004227
they typically start going negative soon after.

>>54004984
Maybe find a unit for your trades to open and close. Want 10 with a plan to sell 5? 5 is your unit. Buy 5, buy 5, magic luck, sell 5. One unit open.

>>54004200
>Zerohedge
Yes, I post there too.