Taiwan lifts forex trading punishment on Deutsche -sources

Started by OZER, Feb 07, 2022, 06:05 PM

Previous topic - Next topic

Today they are realizing a new problem -Tesla MUST GROW to fulfill the promises priced into the stock.  Musk backing off and getting conservative with tesla might save his wealth, but it screws the shareholders that bought high.


quotA fool and his money are soon parted...quot

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.

If demand is falling   Elon said thats when they can focus more on Semi and Cyber.  Hope he dont lied about that

Please don't try to mislead people. 5:50 "Bitcoin right now doesn't have fundamental value". Neither does fiat currency, other than maybe using bank notes as toilet paper or kindling. The value is just an agreement between people. You CAN buy valuable stuff with Bitcoin the same as with USD, if the seller agrees that it can be exchanged for goods. Many people and companies do. I don't hold any crypto but I'm interested to see where it goes.

Ponzi Coins I called it 2 years ago. Finally it blew up in 2022. Sad reality for people who lost a fortune.

No one asked the most important question during this hearing.  Who is that blonde in the black outfit sitting behind Mr. Brooks?

Why yes, stop printing money and BOOM inflation stops

Aggregate demand is being pumped up bc of extra money printed by the fed.....aggregate supply is constrained bc of pandemic....hence we get higher prices....the fed needs to gradually raise rates....they have been too low for too long  ...