“One of the main uses of Bitcoin is as a vehicle to perpetrate fraud.”
Month: November 2017
Rally Monkey.
Tech bloodbath forgotten. Never mind the bonds.
A ‘Sudden Spike’ And ‘Greater Volatility Amplitude’
You have been warned (again).
This Hasn’t Happened Since 1995…
A couple of things worth noting…
Your Retired Grandmother ‘Never Had As Much Fun’ As She’s Having Trading Bitcoin While Playing Poker In Vegas
“Believe me, I didn’t have this much fun with T. Rowe Price.”
Trump To Force Out Rex Tillerson, Replace Him With Pompeo
WHITE HOUSE IS SAID TO PLAN FOR POMPEO REPLACING TILLERSON: NYT
UK MPs Call For Trump’s Arrest After Anti-Muslim Retweets, Failed Attempt To Twitter Beef With May
On Thursday, in the UK Parliament, lawmakers lashed out at Trump, calling him everything from “racist” to “fascist” to downright “evil.”
OPEC Agrees To Extend Production Cuts To End Of 2018
“Buy the rumor (again) and then (immediately) sell the fact?”
Tech Selloff Hits Hong Kong As Tencent Tumbles Out Of Half-Trillion Club
“Today’s turmoil in the region’s tech stocks was sparked by the sell-off in their peers on Wall Street last night.”
Coinbase Loses: Ordered To Report 14,355 Users To The IRS
“Coinbase is ORDERED to produce the following documents”…
Epsilon Theory’s Latest: ‘The Pecking Order’
“It’s the way their brains are hard-wired, and it works for them, as a species. So I pretend that chickens aren’t evil and I’m not complicit. Because I really like the eggs.”
Bubble Trouble.
“Pop”?
Bitcoin Collapses, Plunges To $8,600 In Matter Of Minutes
And there you go folks. The bottom just fell out.
What If This Is The Top? A Truly ‘Taxing’ Concern
“But here is another idea. Although I agree the tax cuts are far from being priced in, what if this change causes a massive rotation out of growth and into value/financial/stocks-that-benefit-most from tax cuts, and in doing so, causes volatility to rise? If volatility rises, then for a whole host of different reasons, market participants will be forced to de-lever their stock portfolios.”
Carnage: Wednesday’s Tech Bloodbath In Pictures
So yeah, it’s a bad day for “the future.”
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