Reddit Posts
the banksters buy OTC while sells hit the open market. if your surprised by this you dont know how unjustly US markets operate. They have swallowed the rat poison, there is nobody to print more BTC for them 'bECauSe lIQUidIty'...this is what btc was built for. prepare to have to WAIT.
the banksters buy OTC while sells hit the open market. if your surprised by this you dont know how unjustly US markets operate. They have swallowed the rat poison, there is nobody to print money or stocks for them 'bECauSe lIQUidIty'...this is what btc was built for. prepare to have to WAIT.
Hold the f-u-c-k up. Let me get this straight returds…
What its like currently holding ADA. Part 2.
What its like currently holding ADA part 2.
(Repost) The reason a lot of people hate crypto
The reason a lot of people hate crypto
HEX - Love or hate it, it currently offers a solid opportunity
Polygon launches new main website, has Reddit on their front page.
I HAVE BOTH IMAN GADZHI'S AGENCY COURSES!! 100% legit
$WAIT Hourglass | LP locked for 100 years | Renounced ownership | Community-driven | No tax | Partnership with NEFT Brands | Marketing is being rolled out
$WAIT Hourglass | Partnership with NEFT Brands | LP locked for 100 years | Community-driven | No tax | Marketing is being rolled out
Mentions
OH WAIT even better. whats your guess on what it costs per bitcoin to mine. for the company in turkey that buys 300 mil worth of miners next year. with their residetial energy at 0.05. guestimated 0.02 industrial.
Thank you. THIS is so helpful this 30% thing you said because tbh i really want to hold for 10+ or even more years that's why I am hoping for someone to tell me something like: "*Ok listen, wait around 2 months (or 15th day or something like that) because there's this (\*insert technical terminology\*) happens so then precisely looking at the candles(or random technical jargon) and the way it has performed in the past and correlating with (whatever...) ..........I SUGGEST WAIT 3 WEEKS (\*insert your answer)OR keep an eye on THIS event (\*insert your answer) and the price will go down and then buy and HODL \*\*OR\*\* " buy now since its not gonna fluctuate much and the lowest it will go would be around (\*insert your number) in the upcoming days (\*insert like some good numbers or month names or stuff don't just say "weeks" "months")* ........................." you know what I mean? PLEASE JUST TELL ME WHAT MONTH OR WHAT PRICE SHOULD I BUY AT AND HODL ? LIKE YOU GUYS ARE SUCH BIG TRENDING EXPERTS OR SOMETHING... I Dunno... (I am sm0king some btw so sorry for being emotional)
2028 is Gonna be Great...If you can't get in early you must get in late and WAIT
WAIT! I got a new complaint. Forever in debt to your priceless advice.
WAIT didn't you see the !!CrASh!! yesterday!? Bitcoin pLUmMeTeD back to 65k!?!? HOW ARE WE EVER GOING TO RECOVER FROM THIS 8% DiSaSTeR!!?
Buy stuff with utility and WAIT. Impatience and rotation will make you miss out on gains
>That's the reason they premined the coins, so there wouldn't be mining. lol, Idiot! no the reason is because mining is viewed as a wasteful security model. If I can solve the doublespend problem without PoW/mining, Why would I then incorporate it into the protocol? it serves no purpose other than to burden network operators and users with friction. >And that would not be a decentralized network by definition. Again you've tripped over your own dick. No you just argued my point for me against yourself. You asked how does control over the code matter in a decentralized system. my answer is because it makes it centralized which you now realize after ive explained it to you. You are the one who has tripped over ur own argument lol. >Name one crypto currency with closed source software. bitconnect is a perfect and famous example. >WAIT - that's not a cryptocurrency, you're a moron.
>XRP has no mining so the concept of "premined" is analogous to it. hell it was specifically designed to not have mining That's the reason they premined the coins, so there wouldn't be mining. lol, Idiot! >Run my version or ur not on mainnet. you now de-sync and no longer participate in the network. And that would not be a decentralized network by definition. Again you've tripped over your own dick. > if the code is closed sourced Name one crypto currency with closed source software. WAIT - that's not a cryptocurrency, Don't trip over your dick again!
This is the wa... WAIT A SECOND!
\*Bitcoin rejects $70k me: "No no no no no no no wait wait wait wait WAIT"
I CAN'T WAIT. I stupidly stopped DCA'ing a 58k and took at little profit at 64k. I want to put it and the cash I have been stacking back in.
When things get frothy, it's time to take a step back, take some profit, and wait for the inevitable retrace to a lower price. Even with trailing stops setup on your coins, the selloff is going to happen so fast that you stand a significant chance of your stop being passed and you're left holding. I got in 2016. Twice I've been left unable to sell at ATH because, my stops didn't execute, and once when Coinbase crashed. TAKE PROFIT AND WAIT FOR SELLOFF
HAAHAHA BEARS?!?!?!?!?? yo yo yo!!! where the bears AT?!?!!? HAHAHAHA WAIT they CRYIN!!!! ohhhhh noooooo. WHY? CUZ ITS A BULL MARKET LMAOOOOO bitcoin will keep PUMP!!! Bears? yo yo yo!!!! give me your TEARS!!! I want to drink em!!!! yummmm
FUCK SELL SELL SELL, WAIT BUY BUY BUY, NO WAIT SELL SELL SELL!!! Just breathe, if you don't sell at less than you bought, you haven't lost anything. Put the phone down for a minute, get a glass of water, marvel at the cool whale you just saw, and relax.
All of this has happened before. All of this will happen again... WAIT NO IT HAS NOT! This time it's different.
It's generally considered wise to not purchase crypto if you don't understand it, but here is a counter to that argument: Imagine there was a man that was struck with a poisoned arrow. His family called a physician to treat him. The physician arrived and went to treat the man, but the man said "WAIT!! Before I let you pull out this arrow, I must first know whether the man who wounded me was a hattia, a brahman, a merchant, or a worker. And I must also know the name and clan of the man who wounded me. And I must also know his parent's names, as well as the names of any of his siblings. And I must also know if the man that wounded me was short, or tall, or of middle height. And I must also know the color of his eyes. And I must also know the shade of his skin. And I must also know if he grew up in a small village or a large city. And I must also know whether the bow that fired the arrow that wounded me was a longbow or a crossbow. And I must also know whether the bowstring used to fire the arrow that wounded me was fiber, reed, sinew, or hemp. And I must also know which kind of tree was used to fashion the shaft of the arrow that wounded me. And I must also know with which animal's feathers were fitted to the shaft of the arrow, whether those of a vulture, or a hawk, or a peacock, or a stork. And I must also know what kind of arrowhead was affixed to the arrow that wounded me, whether spiked, or razortipped, or curved, or barbed, or lancet shaped. And I must know the kind of poison that was applied to the arrow. And I must know how this poison was concocted." He could go about gathering all this information, and meanwhile, he would die, or in this case, have far less sats than if he had decided to start stacking sats and learning as he went. It's not a perfect analogy but I'm sure you get the point :)
It's generally considered wise to not purchase crypto if you don't understand it, but here is a counter to that argument: Imagine there was a man that was struck with a poisoned arrow. His family called a physician to treat him. The physician arrived and went to treat the man, but the man said "WAIT!! Before I let you pull out this arrow I must first know whether the man who wounded me was a hattia, a brahman, a merchant, or a worker. And I must also know the name and clan of the man who wounded me. And I must also know his parent's names, as well as the names of any of his siblings. And I must also know if the man that wounded me was short, or tall, or of middle height. And I must also know the color of his eyes. And I must also know the shade of his skin. And I must also know if he grew up in a small village or a large city. And I must also know whether the bow that fired the arrow that wounded me was a longbow or a crossbow. And I must also know whether the bowstring used to fire the arrow that wounded me was fiber, reed, sinew, or hemp. And I must also know which kind of tree was used to fashion the shaft of the arrow that wounded me. And I must also know with which animal's feathers were fitted to the shaft of the arrow, whether those of a vulture, or a hawk, or a peacock, or a stork. And I must also know what kind of arrowhead was affixed to the arrow that wounded me, whether spiked, or razortipped, or curved, or barbed, or lancet shaped. And I must know the kind of poison that was applied to the arrow. And I must know how this poison was concocted." He could go about gathering all this information, and meanwhile, he would die, or in this case, have far less sats than if he had decided to start stacking sats and learning as he went. It's not a perfect analogy but I'm sure you get the point :)
But the halving it's built in and stock to flow and THE ETF and it's gonna go up IT HAS TO it always goes up right RIGHT? ITS GOING UP JUST WAIT IT HAS TO
I have never seen a Trump supporter hate Biden as much as a Biden supporter hating on Trump. It is so hilarious how he can trigger so many people, its like this meme guy has played all of you. I bet he's feeding off of emotional people like you lmao. I'm actually starting to think that this guy is a genious! How could he be so high in the polls without the promotion y'all are giving him LOL . I'm canadian and oh my, I CANT WAIT for the the elections this year shits gonna be entertaining for suuure!!!!
Wow wow wow! The da Pinchi cworld metaverse looks insane! Just bought a plot. WOW I CANT WAIT TILL THE TOKEN LAUCNHES ON JANUARY 20th!! The other utility is “eat 2 earn” what an awesome concept
I loved the WSJ article that just came out about Bitcoin being approved, they said "The argument that the bitcoin market is rife with fraud and easily manipulated got a boost Tuesday when the SEC’s official X account was hacked." I'm like WAIT WHAT? Yes it was Bitcoin's fault.
lol yeah I mean like maybe it’s a good choice but it’s real hard to see people be like “YEAH I CANT WAIT UNTIL THIS MAKES ME RICH” like dude cool down
Gensler to ETF applicants: "Well...*shuffles papers*...I have to say. The submitted ETF amendments seem to fall in line with our requirements. I think we may just be able to move forward with this NO WAIT THE MARGINS ARE WRONG I JUST MEASURED THE MARGINS AND AND AND THEY HAVE TO BE 1.25 INCHES SO UH TRY AGAIN LATER"
OP, WAIT! I've not told you my biggest bag yet!!!!!!
WAIT, what about the mighty BLOCKCHAIN? How could this go wrong (AGAIN)? Crypto is a Ponzi Scheme and blockchain is a bad joke.
No! Wait! WAIT! STOP! I’M NOT DONE ACCUMULATING DAMMIT! *holds onto this rocket as it takes off, even if I ain’t ready yet*
You dont care.. so no one else does? Wow. Talk about narcissistic. And it would work across any engine that allows a skin. They would just need to allow you to target the object for import on a chain instead of a local asset, such as a bitmap. Not sure why you are bringing up the engine. That has nothing to do with it. And yes.. streamers would love a link on their bio to a centralized object. Im sure Rockstar would love a cut of sales they didn't have to facilitate or advertise for. You WILL be using all this tech if you live long enough. It will just have different names. One great example for all this tech would be the pokemon series. Since it has like 50 games that share a core character sheet. Pokemon players would LOVE to be able to import their characters AND show off what they have collected. You're just not the target audience or dont understand HOW you are the target. One of the two. As a gamer who is also an enterprise admin, I CANT WAIT.
JPM didn't get their way with Ripple and the word on the streets is the reason this is going to NY is Ripple is backing the original 35 founders. Gupta settled out of court with Consensys. Nerayoff is likely getting a boost also. ETH founders colluded broke federal laws and tried to use a regulator to attack competition now it's coming back to bite them in the ass. I CANT WAIT FOR IT, it's been coming for YEARS
Dude, chill out, I can see y- WAIT WHERE ARE WE !?
Hey buddy, my advice to you is buy the precious metals, I like silver at the moment, and skip real-estate for now. I am pretty sure real estate will dmgo down hard eventually. Don't go all in on crypto. Throw 30 percent in but expect it to crash hard. That's when buy. Get a cold storage wallet like ledger or trezor and learn how to use it. Crypto is not for the faint of heart and you can lose a tremendous amount very quickly. Buy the dips and take profit most people sell the dips and buy at the top. If you do put all your money into BTC now don't sell when it hits 8k. WAIT IT OUT. Definitely buy Precious Metals as a foundation.
Last week I was like "fuck reddit. Fuck r/cc. Fuck moons. Fuck the daily!". This week I'm like "CAN'T WAIT TO SEE WHAT THE DAILY US SAYING ABOUT THIS PUMP".
Wait, w-w-WAIT!! At least that's what I'm gonna do, bwoiii! Waiting for that juicy - 15% Dip.
Crypto has underperformed expectations the usage is utterly abysmal. It truly is a use case looking for a purpose. Each project jumping from theme to theme. Transactions No wait NFTs No wait wallets NO WAIT GAMES WEB 3.0 My coins is faster, mine is more decentralized, mine is greener. The only shared truth is the creator is rich - one big money transfer (gambling)
every expert on reddit has been saying that (for over) 3 years now... I've been on this sub for that amount of time (only bought like 1k BTC just for fun) and it's only been going downhill since the start. Each time it hits a new low some expert like you will say the exact same thing, "BUT WAIT IN A FEW MONTHS/YEARS IT'LL BE GREAT". You sound like those "end of times" people. who keep shoving the day of Judgement backwards everytime we hit the date lmao...
WAIT! Gensler used to do lectures on crypto at MIT. What if he's been secretly laying the foundations for a crypto-friendly future this entire time?! Maybe it's not Evil G. Gensler. Maybe it's Good Guy Gary who has been trying to act as if he is fighting against crypto for the benefit of old guard established powers-that-be, while secretly *intentionally* fumbling all of these cases, so everything enshrined in civil law becomes in favor of crypto? Probably not the case, but if it was, it would be one of the funniest things that I've ever seen. What a movie that would make someday.
WAIT! First the lawyers need their money, okay? Then we will see what’s left.
Same here. On one end, I can’t WAIT for the bullrun to start, but I’m the other end, I don’t want it to state yet because the longer it takes to start, the better off we’ll be
The thing that logically speaking... They should have already an alternate option for their coins and awards at least! Oh WAIT... I just Re-Read my comment... What logic am I waiting from their side??? MY BAD!
I 100% Agree with you. Fomo is your biggest enemy. Fomo makes you do stupid things, talk stupid and simply be stupid. In bear market there is much less fomo so more sober discussion is possible. **IF YOU DON'T SELL DURING BULL, YOU WILL HAVE TO WAIT 4 YEARS TO SELL**
Lol! Love it. Sometimes I just can't WAIT to get to the comments!
Grandpa just can't seem to please anybody lately, lol. "Stop crabbing and do something." "AHHH WAIT! WRONG WAY GRANDPA!!" lol P.S. I'm making fun of myself, too
**WAIT** Lady Gaga is a *flavor??*
WAIT Apple's app search is shit, but apparently if you search by name instead of "Bitcoin wallet" Things can show up XD. Fuck Apple so much omg. Okay so I found Phoenix in here: [https://apps.apple.com/us/app/phoenix-wallet/id1544097028](https://apps.apple.com/us/app/phoenix-wallet/id1544097028) Nunchuck is also on here: [https://apps.apple.com/us/app/nunchuk-bitcoin-wallet/id1563190073](https://apps.apple.com/us/app/nunchuk-bitcoin-wallet/id1563190073)
I can’t WAIT to look back at these old daily’s next bull run 😂
Hopefully Kitboga could use some of those Bitcoin gift cards and we can hear again: *"NO, PLIZ WAIT, PLIZ WAIT, DO NOT REDEEM. WHY DID YOU REDEEM IT"*
Okay here you g--HEY WAIT A SECOND
Yeah, it gets tiring after a while to see the same ad for the thousandth time telling me “WAIT, DONT CLICK AWAY, I HAVE A NEW CRYPTO TRADING BOT THAT CAN MAKE YOU BILLIONS. YOU NEED NO UPFRONT CAPITAL, NO TIME INVESTED.” Was I born yesterday? Can’t believe YouTube even allows this ads.
**Sounds like something you want to do?** WAIT!! please read up on impermanent loss, because this usually leads to permanent loss and in a volatile asset such as Moon, you will learn the hard way if you jump head in first. DYOR.
BUT WAIT! That's not all, if you CALL NOW you can get a stack of SHIB, ABSOLUTELY FREE. Please note, this offer is NOT available in stores. Call Now. 0800 SHITCOIN.
Well, okay I guess. It's 1. Hard 2. Pasta 3. Charcoal 4. ... WAIT A MINUTE!
Had a first date with someone this evening. Went well, but at the end she said she saw more as a potential friend. Oh well, at least I still have my crypto portfol- OH WAIT NO, I have DeFi holdings based on CRV which is probably about to collapse, and ATOM which is severely underperforming like every other alt. 😂🔫
Kosmos is a project focused on reimagining digital storytelling through immersive experiences, blockchain technology, and AI. It's an Hourglass ($WAIT) incubated project with notable advisors and angel investors. The platform aims to provide customizable and interactive storytelling experiences for readers, allowing creators to set their own prices for their content. Kosmos is currently in development with BlockSafe, led by CTO Kenneth Null, and it plans to debut with exclusive content from web3 partners. The team is targeting a deep development stage through Q1 2024.
Imagine posting this before the halving. The answer is -- WAIT AND SEE
I bought some sats when it hit 15,500. I buy on the way up. And I buy on the way down. I CANT WAIT for the next black swan event to crash BTC once again.
No they are not please explain why they are securities then in full detail I CANT WAIT to hear your explanation
At least USD is auditable, OH WAIT
>Diversification in the sense of that you have to invest in multiple cryptos, that preferably also are from different sector of crypto, to be a successful investor with the least risk. This is the worst concept of diversification someone ever posted. It's literally so f\*ed up, not sure if its a troll. Diversification doesnt mean look for one sector and diversify your holdings there. It means diversify your holding throughout assets/sectors that ideally dont correlate. In crypto, everything is highly correlated with bitcoin and each other. There is no diversification in crypto. Period. End of sentence. Crypto/bitcoin IS the diversification of an already diversified portfolio and very good to up your sharpe-ratio. Diversification is not bad for creating wealth. Creating wealth is essentially very simple. All you need to do is get a consistent, single-digit return over many decades and safe a couple hundred bucks per month and you are going to be rich. The much more risky part is to try and find one investment that 100x's. Especially because it wont be enough anyway. Safe $500 over 40 years with an average return of 7% per year and you end up with $1.25m. Or safe $1k for 30 years to end up with \~1.2m. Problem is, people cannot WAIT. They want to be rich tomorrow so better look for that 100x thing that noone will hit and if someone does, it's with 1k investment. Now you have 100k. And what do you do with 100k now? If you want to have $1.2m with an av. return of 7% per annum you still need to wait 37 years. The BEST you can do is to consistently return a small profit each year for many years. And for that, diversification is best. To put everything in oen basket and watch that basket carefully is useless, if your judgement is not spot on. And even if it is spot on, there is always this 1% tail risk that can destroy you. So why be the hero if you can play it safe(r). You dont need to 100x your money in crypto. You just need to make average market returns over many years and keep investing.
Unlike me Who invested into proper projects... OH WAIT!
Fed’s money printer: *BUT WAIT! There’s more*
We are fuelled and at the ready! $SSB Launched in $BKEX JUST WAIT FOR THE Leveraged Dex platform and the Token Tracker live in Beta right now!!!
WAIT you can get Moons without been tipped???
Oh man, I've got my popcorn ready. I cannot WAIT to see these emails.
thx mom 🥰✌️ WAIT WHAT????!!!!!! 😠😠😠😠😠
argentina is going to 0 OH WAIT
>"Listen up! I am only going to tell you this once." Every grandparent ever: OOOH BOY CAN'T WAIT TO INVEST MY MONEY INTO THIS TO MAKE SOME BAAAANK
Well, not exactly. This happens too on stocks. The issue is your strategy, that does not work in trading in general. The whole "buy the rumor sell the news" may work, but it is not really applicable here. It is a medium to long term strategy. Selling one day to buy again the next day is not what it is about. You took a gamble, that was not worth the risk since you considered that it would just make a dip and then go back up. If you theory was right, you would have made what, 5% ? This is a very small gain in crypto for the risk you took. Now, you can consider either you were right, and the dip has yet to happen, thus you just wait, or you can consider you were wrong, and it will either keep going up ... or it can go down, and not go back up when you hope it does. you are going to face the same problem: when do you buy back ? When do you consider the dip is over ? If it start to go back up, it can also be a dead cat bounce. Right now, you have (i hope) taken profits. This is not a bad thing either. If you believe it will keep going up, then you can just buy back. This means it is a 6% "loss", which is not much in crypto. ​ TL;DR: your approach is wrong and makes you take unnecessary risks. ​ If you believe ETH will go up from here, buy and dont sell, long term. If you believe it will go down, take your profits and WAIT. But dont chase "news dips" . They are a gamble which are nearly never worth the risk.
Man looks like I missed a few free avatars :( WAIT NO - go to profile and there's freebies you can claim :D
Indeed it's interesting. What's 'WAIT'?
BTC, ETH, DOGE, WAIT, NEWS [the top mentioned socially influenced cryptos](https://swaggystocks.com/dashboard/crypto/best-cryptos). this is getting interesting
Mine too lol. PLEASE CRAMER JUST WAIT TWO MORE DAYS
For me: Price go up= do I take profits or wait?? DO I TAKE PROFITS OR WAIT?? Price go down= ahh sht should have take profits.. Welp gonna hodl again
Bet! !moontip….. WAIT I’ve seen this before
NO NO WAIT I HAVENT DONE IT YET THO Please wait for me to post it, come comment that you saw, then your turn! I’ll meet you there !
I feel a similar way. It's like a total misdirection by them. Banking sector failing, traditional markets are a mess with corruption, dark pools and other shady shit etc, they haven't done anything about it. BUT WAIT!! look over there at the crypto stuff!!! Oh we must stop this from progressing. That's going to hurt people. Another theory is that their palms probably aren't being greased by the institutions for crypto yet.
 OH WAIT. I THINK IT'S ACTUAL STATS? Does that mean that actual turtle, there's only 1-2 left in the world?!
Covid created a major liquidity crisis (when no one would lend $, this is a liquidity crisis) so fed stepped in. They did a few things. One, they dropped fed funds rate to essentially zero. Fed funds governs how much it costs banks to borrow from each other. Two, it lowered the reserve requirements (this is super key) to essentially nothing. This meant for every $1 of money they got as a deposit, they were able to lend it out. Three, to keep rates low they bought bonds and stocks. This is the “money printing” people refer to (also known as quantitative easing). In actuality this is literal intervention into markets (fed buying stocks is nuts) and an attempt to prop up the markets. It worked - the flash crash in 2020 recovered brilliantly in a few months. This is where the fed should have stopped. But powell is a fucking moron and didnt stop. This lead to the crazy bull run in the covid era, when we should have been going through a natural recession (roughly every 10-15 years. Its a cycle). This expansion in money supply along with 2018 trump tax cut and PPP/free covid money is what lead to inflation. Having a 40% increase in money supply in so short of a time (we’re used to like single digit % increases) will **Always. Lead. To. Inflation.** Literally always. We have many many cases of this (see: latin america) and it always leads to inflation. Fucking always. Anyways, back to SVB. This is how banking works: If a bank takes your money, its a liability (debt) to them. When a bank lends you money, it is an asset to them. In the past, fed would require a certain % of deposits be kept unlent and uninvested. This is the reserve requirement. Federal reserve set this to 0 (fucking zero) in march 26, 2020. So lets go back. The money supply went up 40%. When people are all flush with cash, they normally park it in the bank or put it into assets (hello real estate, hello crazy stock market bull run, hello crazy crypto run). But deposits to a bank are **debts.** the bank is now allowed to lend out every $1 they take in. So what do they do? They lend it out. All of it. BUT WAIT - the federal reserve deliberately set rates to ALL TIME LOWS. In history. Since the beginning of time. ALL TIME LOW. Dinosaurs in the fucking jurassic period paid more interest than we did during covid. So the banks’ asset sheets are FILLED with these loans at 2% 3% 4%, etc. Why is this so bad? Cuz loans’ value is **reverse** to the interest rate. What does this mean? A loan is waaay more valuable to a bank when the interest rate is 10% versus 2%. And this makes sense. A bank will collect $1000 a year on 10,000 (10%) versus $200 a year on 10,000 (2%). So 10% loan is more valuable than 2%. Now - what is a run on banks? Its when the bank doesnt have any cash on hand to give to customers when they withdrawal. Thats super duper simple. A bank will **never** ever have 100% of customers’ money as cash on hand. Impossible because then the bank would never make money doing it this way. Never. So all these banks have their money parked in a mixture of loans. Mortgages, corporate loans, US securities (treasury bills - considered “safe”). Ok. So when a bank is suddenly hit with a request to withdrawal 30% of their customers’ deposits, the bank has to quickly raise cash. How? They will sell their loans. But those loans are at 2%…and the current market is 7%. So what does the bank have to do to raise up the $$? They need to **slash the prices** on their loans when they sell them so that it matches the current market rate of 7%. You might ask “well whats the big deal? Its only a 5% difference. Well, look at it this way: its 300% more interest now than during covid. 300%. That means all those loans at 2% are worth significantly less. Like 60% less (actually i’m unsure of the % less - i havent done the math cuz well i’m lazy). Either way, its ridiculous how much less it is worth. So the bank had roughly 300B in assets (i forgot the exact number - i am just using a place holder). When customers started to require 150B in cash, the bank had to sell that 300B in 2% loans but they couldnt sell them for 300B. They sold them for 100B (which is what they’re worth at a 7% interest rate environment). They couldnt make up the difference in time and presto - dead bank. Once again, my numbers are all off cuz i’m not doing the math. But you get my point. This is what happened to SVB.
Not exactly. Covid created a major liquidity crisis (when no one would lend $, this is a liquidity crisis) so fed stepped in. They did a few things. One, they dropped fed funds rate to essentially zero. Fed funds governs how much it costs banks to borrow from each other. Two, it lowered the reserve requirements (this is super key) to essentially nothing. This meant for every $1 of money they got as a deposit, they were able to lend it out. Three, to keep rates low they bought bonds and stocks. This is the “money printing” people refer to (also known as quantitative easing). In actuality this is literal intervention into markets (fed buying stocks is nuts) and an attempt to prop up the markets. It worked - the flash crash in 2020 recovered brilliantly in a few months. This is where the fed should have stopped. But powell is a fucking moron and didnt stop. This lead to the crazy bull run in the covid era, when we should have been going through a natural recession (roughly every 10-15 years. Its a cycle). This expansion in money supply along with 2018 trump tax cut and PPP/free covid money is what lead to inflation. Having a 40% increase in money supply in so short of a time (we’re used to like single digit % increases) will **Always. Lead. To. Inflation.** Literally always. We have many many cases of this (see: latin america) and it always leads to inflation. Fucking always. Anyways, back to SVB. This is how banking works: If a bank takes your money, its a liability (debt) to them. When a bank lends you money, it is an asset to them. In the past, fed would require a certain % of deposits be kept unlent and uninvested. This is the reserve requirement. Federal reserve set this to 0 (fucking zero) in march 26, 2020. So lets go back. The money supply went up 40%. When people are all flush with cash, they normally park it in the bank or put it into assets (hello real estate, hello crazy stock market bull run, hello crazy crypto run). But deposits to a bank are **debts.** the bank is now allowed to lend out every $1 they take in. So what do they do? They lend it out. All of it. BUT WAIT - the federal reserve deliberately set rates to ALL TIME LOWS. In history. Since the beginning of time. ALL TIME LOW. Dinosaurs in the fucking jurassic period paid more interest than we did during covid. So the banks’ asset sheets are FILLED with these loans at 2% 3% 4%, etc. Why is this so bad? Cuz loans’ value is **reverse** to the interest rate. What does this mean? A loan is waaay more valuable to a bank when the interest rate is 10% versus 2%. And this makes sense. A bank will collect $1000 a year on 10,000 (10%) versus $200 a year on 10,000 (2%). So 10% loan is more valuable than 2%. Now - what is a run on banks? Its when the bank doesnt have any cash on hand to give to customers when they withdrawal. Thats super duper simple. A bank will **never** ever have 100% of customers’ money as cash on hand. Impossible because then the bank would never make money doing it this way. Never. So all these banks have their money parked in a mixture of loans. Mortgages, corporate loans, US securities (treasury bills - considered “safe”). Ok. So when a bank is suddenly hit with a request to withdrawal 30% of their customers’ deposits, the bank has to quickly raise cash. How? They will sell their loans. But those loans are at 2%…and the current market is 7%. So what does the bank have to do to raise up the $$? They need to **slash the prices** on their loans when they sell them so that it matches the current market rate of 7%. You might ask “well whats the big deal? Its only a 5% difference. Well, look at it this way: its 300% more interest now than during covid. 300%. That means all those loans at 2% are worth significantly less. Like 60% less (actually i’m unsure of the % less - i havent done the math cuz well i’m lazy). Either way, its ridiculous how much less it is worth. So the bank had roughly 300B in assets (i forgot the exact number - i am just using a place holder). When customers started to require 150B in cash, the bank had to sell that 300B in 2% loans but they couldnt sell them for 300B. They sold them for 100B (which is what they’re worth at a 7% interest rate environment). They couldnt make up the difference in time and presto - dead bank. Once again, my numbers are all off cuz i’m not doing the math. But you get my point. This is what happened to SVB.
BTC, ETH, LINK, WAIT [are trending socially influenced cryptos](https://swaggystocks.com/dashboard/crypto/best-cryptos). are we fukd
Benjamin Cowen: This year bulls and bears will get rekt. Earlier it was the bears, now it's the bulls turn. Bears: Hehehe. It's our turn to rekt the bulls ... HEY WAIT A SECOND!!!!!
Here's my prediction are you guys ready? The prices might go up or ,wait for it, wait for it, WAIT FOR IT, they might go down. And I didn't even need to feel this in my balls.
2008 repeat lets gooooooo. Oh WAIT.....
WAIT I got the same message but assumed it was a scam I looks like a scam anyway hahahahah
Everytime I see this guy I think of the late night commercial of as seen on TV shit, "BUT WAIT! THERE'S MORE!"
Thank you for your... WAIT! OP, quick sell off your holdings so it can rise again! DO NOT BUY !
Opinions on $WAIT. Chart looks good, roadmap looks good, white paper looks good, what am I missing?
BTC at 20k: WAIT BTC at 50k: WAIT BTC at 200k: WAIT BTC at 500k: WAIT BTC at 1million: NOW, BUY, GO GO GO!
I am holding Ada since 2016, the amount of shit i got for even remotely mentioning Ada is insane. And when i say to the same people that i also hold Ethereum, they went full ballistic that i cant have Ethereum because i am a Cardano maxi. Luckily things changed, but when i tried to explain that this is just emotional investment talk, who cares what you invest too. Its just mind boggling. Luckily we can now shitpost away for Moons so we probably never see this discussion am i right? OH WAIT WE ARE SEEING EVERY DAY THE SAME POST ABOUT CHARLES. Can we just all get along.
Or be reasonable like me a lock up your BTC, ETH and USDC with something like Clesius where they generate yield responsibly by ONLY providing over collateralized loans. OH WAIT they lied to us and now I'll be lucky to get anything back.
I think there's confusion in what "lump sum" means. It's better to put money in (lump sum) if you have the entire sum of money now, rather than DCA the same amount over a long period of time. This is true in basically every market because generally over time prices rise. But if your options are DCA small amounts now vs WAIT and invest the lump sum you would have accumulated at that point, DCA is better. For the same reason - you'll *most likely* be buying at a higher price later, especially if it will take years to accumulate. Most folks DCA (crypto, stock market) because they don't have a huge wad of ready cash.
Why even post FUD here. An hour later will be the obligatory NOW YOU TOO CAN BUY THIS DIP, AND WAIT FOR YOUR INVESTMENT TO GAIN 100X. *I'm not a financial advisor. This industry is currently a MASSIVE house of cards. Built on disclaimers, past performance, and speculation. Good luck guys.
WAIT. If a big crash is coming why we should buy BTC right now? Buy high sell Low.