The_Black_Log Foler
PalsCo CEO - Stock Pals | Pantheon Pals
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Bitcoins/Litecoins/Virtual Currencies
- Thread starter Tripamang
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Guest, did you like the last podcast notification?? Well here's the second one, and for the third podcast! Yep. This Thursday 8-8-24 at 7pm Central
Go here to check out his podcast thread for info on topics and links!Go into the FoH discord and find the Happy Time Fun Hour channel and give it a listen!
Flobee
Vyemm Raider
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Zerohedge so nobody tell Blazin but I wouldn't be shocked if we see a bit more downward momentum to begin the week.
www.zerohedge.com
Bitcoin Is Crashing Ahead Of The Japan Open | ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
Arden
Blackwing Lair Raider
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Got some geopolitical stuff on the horizon making people more risk averse too. Otoh, crypto tends to moon when we get rate cuts, which look pretty certain for Sept at this point. So might be a good time to buy.
I'm holding off bc I'm actually more concerned about Iran/Isreal than anything else atm.
Edit: Ha btc falling off a cliff as we speak. I wouldn't even know when to enter at this point. Thank God I've been through a couple of these already.
I'm holding off bc I'm actually more concerned about Iran/Isreal than anything else atm.
Edit: Ha btc falling off a cliff as we speak. I wouldn't even know when to enter at this point. Thank God I've been through a couple of these already.
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Flobee
Vyemm Raider
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coin
Oblio
Utah
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Flobee
Vyemm Raider
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Zerohedge article I posted a few posts back has some more context. Somebody got caught offsides on the Japanese Yen carry trade and got liquidated. Seeing cascading liquidations from that right now. Allegedly
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Leaves me to wonder who exactly is a big enough fish to have their being "caught offsides" cause an over 5% drop in markets across the globe and cratering the entire crypto segment.
Sanrith Descartes
You have insufficient privileges to reply here.
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Just want to point out that if leverage was removed from the markets and you could only buy/sell what you had cash to cover, markets would work amazingly well. Its the leverage that's the debil. Always has been.
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Imagine how awful the world would be if the only purpose of the stock market was to encourage investment into companies with good products and services and the only transactions available were buying and selling whole shares with cash on hand, and leverage, derivatives, options, and other “financial instruments” did not exist. I’m getting chills just thinking about it.
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Flobee
Vyemm Raider
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Ugh, and what if you took physical custody of the stock certificates? Disgusting
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Seananigans
Honorary Shit-PhD
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Holy shit a system intended for ownership in companies toward the goal of returns from said companies in the form of dividends? But not as a speculative market or store of value proxy because your money is inflatable garbage?
What the fuck dystopia are guys discussing in here?
What the fuck dystopia are guys discussing in here?
Mist
Eeyore Enthusiast
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It's a fantasy. We've all played enough games to know that any system that allows players to get ahead by making better decisions than other players will devolve into a degenerate state without constant rules changes. And as long as there exists players who are better at leveraging the rules than the people making the rules, the rule changes will be very ineffectively at limiting their ability to continue getting ahead in the game.
In the history of MTG, the competitive game with the most complicated rules (over 200 pages of legalese, even AI sucks at it) there exists three kinds of players:
People who play to have fun.
People who play to prove they're smarter than their opponent.
People who play to prove they're smarter than the people making the game.
(Okay there's a 4th secret kind of player, Commander players, who play to prove they're morally superior to other people at the table while being smug as fuck, but let's not talk about those people. Actually, those people are kinda like crypto nerds, so maybe we should.)
Tmac
Adventurer
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Most games come down to “who” you’re playing against. You could shift perspective and recategorize the players:
1. People who play against the environment. They’re just happy to be here.
2. People who compete against other players. It’s fun to outdo their neighbor.
3. People who play against the devs. They find it fun to “sploit” the game and have fun min/maxxing. Similar to #1 but definitely more try hard and a completely different group.