“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.”
Trump Ties His Own Stock Market Record
“A big fat ugly bubble.”
Nasdaq To Launch Bitcoin Futures
So cue the cheers from those who claim this represents another step towards “maturity”…
Trump Says NBC Executives Should Be Fired, Retweets Anti-Muslim Videos In Latest String Of Absurdity
Slippery slope to authoritarian hell.
Bitcoin The False God.
Meanwhile, this is becoming something akin to a religion. And I’ll show you what I mean.
Here Are The 2 Most Important Variables For Forecasting The Global Economy
“Felix, you had me at hello”…
The 100-Year Bull Market
“The longest run has been during the Roaring 20s, ending with the Great Depression.”
But that could soon be eclipsed.
Jack Bogle: ‘Avoid Bitcoin Like The Plague, Clear?’
“Did I make myself clear?”
Of Morons And Missiles.
If Monday was largely a bore outside of some overnight fireworks in Asia, Tuesday made up for it.
Last Call For Humanity? JPMorgan Says AI ‘Lacks Motivation’ To Make People Extinct
“But as for a dystopian future where humans are no longer needed or somehow made extinct?”
Stocks Hit Record As Market Cheers Jerome Powell’s Anti-Regulation Leanings
“We’ve had eight years now of writing new rules and honestly I can’t really think of a place where we are lacking in an important rule.”
Bitcoin Vs. Dot-Com Bubble: You Are Here
“All of my indicators would say that in terms of value creation we are about at the start of 1999.”
North Korea Fires Ballistic Missile, USDJPY Erases Gain
N. KOREA FIRES BALLISTIC MISSILE: YONHAP CITES S. KOREA JCS
