USDCAD: Long-Term Swing Analysis 🇺🇸🇨🇦

[Ctr]

SCREW THE HEDGE FUNDS. I HOPE THEY ALL GET KARMA.

[earl]

This is purely the fault of investors and poor regulation. If you don#39t see it this way you will never grow up and you don#39t deserve wealth.

[olli]

My concerns band questions are as follows. Can crypto currency be used to purchase items at a yard sale? Can it be used at the strip bar, can it be used to buy nuclear armaments? Can it be used to support failing enterprises domestically or abroad?  Is it fractionally reserved bankable, can the thousand day interest method be applied towards it?  Does it honor the founding fathers? How easy or difficult is it to counterfeit? Is it FDIC insured? What backs it, could it be taken to a bank and exchanged for an  IRA contribution? Does it cost money to use like some debit cards and credit cards? How difficult would it be to loan one of a crypto currency carriers friends or relatives twenty dollars if a situation arised? Could it be used to donate to charities? What about campaign contributions?

[agma]

We had a great deflation in 2008, so we understand the effects of money printing

[boor]

mics facts:

[dort]

We should just let the economy failed for good and start over. Because this feels no defence to what already failed economy. Food and gas and housing is at all time high.

[odx]

The world governments created this problem using covid as an excuse.

[vela]

if the mask is below the nose .. it does nothing,,

[end]

Interesting that a quotstore of valuequot and something that made you 20% return would go down to literally 0$, the price is a fraction of a cent. This is unheard of even with huge financial crashes like the 2008 crash, stock of banks that were about to go bankrupt if it weren#39t for the bailouts fell from like 48$ to 18$ which is a significant loss but nothing compared to 120$ going to literally 0. With traditional finance if a company turns out to be a 100% scam (not even 50% of their earnings being fake which is a huge fraud) it sometimes doesn#39t even go to 0, in crypto it might not be a quotscamquot, nothing really happened except people deciding to dump the coin and causing panic. Imagine if apple or amazon stock went to 0$ because some hedge fund would dump a lot of stock, it wouldn#39t make any difference in a matter of a week and in crypto it turns out that the coin is worthless. I think that it#39s just returning to its fair market price, which is 0$ because it#39s basically worthless and in most cases doesn#39t serve any purpose. It#39s like investing in gold which doesn#39t generate any value, except that gold is desirable and you can make jewellery or electronics with it. Its value can#39t really go up due to it generating more value than before (maybe unless we find some new revolutionary use for gold), crypto is the same except the token itself is also worthless. And I#39m not a boomer that never touched crypto, I#39ve used bitcoin in 2014 and 2015 and discovered how fucking shit it is with huge transaction fees, long waiting times and it not being accepted in any real world uses except of markets on the dark web. It#39s literally only good for that, I can#39t name a single thing outside of privacy that it does better than my bank app.

[view]

One thing is clear, California politicians are a mess and embarrassment.

[vvb]

For a guy that always wears ski gear he is finally in his element and can speak freely.

[kgox]

This guy told everyone to buy lyft before it dumped. He doesn't know..

[kbar]

#39Everyday people#39 don#39t gamble on crypto.  Fiat crypto is online Las Vegas on steroids.

[merc]

Maintaining stable prices is not one of the Federal reserves goals. If you understand exponential growth then even at their smallest 2% stated goal of inflation you have extraordinary results in just a couple decades.  When you realize the national deficit was less than one trillion dollars in 1980 this starts to make sense. This system is not sustainable and we are near the end.

[anzs]

We want low prices, but we dont want our products produced in China (where there is cheap labor). We want a low priced cake, from a high paid American baker, and we want to EAT IT TOO!