Watch the Bitcoin Bubble Burst

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Dan Óg

Dan Óg

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Was the bitcoin bubble not a warning of the stock bubble.

The mega larger in scale and duration bubble of course is the bond bubble.

Bubble Bubble Toil and Trouble.
 

Tadhg Gaelach

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Was the bitcoin bubble not a warning of the stock bubble.

The mega larger in scale and duration bubble of course is the bond bubble.

Bubble Bubble Toil and Trouble.

10 Year Treasury hit 2.84% today. Most economists had predicted it would take to the end of 2018 to hit 2.7% Still the USD is very weak and that's keeping stocks supported - though S&P 500 had its worst day in two years today. Dax really suffering due to the strong euro - again, it's really hard to know why a rubbish currency like the euro is in such favour.
 
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Dan Óg

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7000

Ripple 0.66


The pain continues. Imagine those people that bought higher by using their credit cards. The bursting of any bubble causes devastation to the foolish and the greedy. Maybe this bubble has been the greatest in history.
Let's watch and see the drama continue.
 
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7261 on BTC. Most shit and altcoins are crashing to their December levels. I expect a floor soon.

S&P 500 crashed down to its Dec 8th level.

US tax season?
 
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Dan Óg

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No, it ran up far too far and far too fast on rosy expectations. I had a great 6 days, getting better, but I am still down.
 
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I have been loading up aggressively in the expectations of a good bear.
Down 700 at the moment for another big day. Took a few more positions including a 15 share short on NVDA, I mention this one because the earning are out in an hour.
 
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I have been loading up aggressively in the expectations of a good bear.
Down 700 at the moment for another big day. Took a few more positions including a 15 share short on NVDA, I mention this one because the earning are out in an hour.
Their earnings would have been massive tho in the last quarter. I actually want to buy a graphics card for gaming but the prices are incredibly inflated due to crypto.
 
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Dan Óg

Dan Óg

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Their earnings would have been massive tho in the last quarter. I actually want to buy a graphics card for gaming but the prices are incredibly inflated due to crypto.
We will find out in 50 minutes. I had a serious good day today regardless.
 
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Dan Óg

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I shorted at 224.50 and in the aftermarket it is up a bit. Wish I got it when it was 234.90 today
 
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Up 25 dollars in after hours, that erases the 11 down big time. I will be sitting on this baby a while.
 
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Some are predicting a dip down here on BTC and then a recovery later in the month.

Forecast i wont take action on myself - short the entire s&p 500 with low margin and a stack that can protect you front a mild upswing..
 
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