crypto:
Terra: -100% Solana: -93% AMP: -93% Cardano: -80% Ether: -67% Bitcoin: -63% Dogecoin: -55%
US Dollar: ~ -10%
DOW: -8.5% S&P: -19 NASDAQ: -33
OIL ETFs:
BNO: +60% USO: +50%
Commodity ETFs:
BCI: +13% PDBC +17% DBC: +17%
What's in your wallet?
At least my Beanie Babies are safe!........................
About 18 months ago Bitcoin was at somewhere around $67,000. Last time I checked...about a month ago...it was around $15,000. Yiles!
Bitcoin is the only one that can’t be inflated into oblivion.
There can only ever be 21,000,000 bitcoins.
20,000,000 have already been minted.
FTX was a Deep State money laundering operation that got exposed long before they thought it would.
You gotta be one stoopid sumbich to get in on the tail end of this ponzi scheme.
I used to work in IT, so I somewhat understand "Blockchain", but I still can't grasp how you make something like Bitcoin out of nothing?
I think people are [slowly] beginning to realize "The Emperor Has No Clothes" when it comes to crypto currencies.
If there is a gold standard among these mythCoins it will be bitcoin and then Ethereum. How much has Ethereum gone down? Because the originator seemed honest and solid and dedicated to the alt coin idea.
The dollar isn’t what it once was either.
Warren Buffett called it.
Sorry if some of our FReepers were stupid enough to invest in bit shit
But, but - it’s got blockchain and mining and transactions and all that other jargon nobody really understands or can explain.
How can it go wrong?
All asset categories (mutual funds) I follow are down except PRNEX, which is an energy fund. Even the normally safe haven funds like bonds and treasuries are down.
I am slightly ahead in stocks during 2022 on last day of trading today. Keeping lots of powder dry to pick up more bargains in 2023.
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Rare Tulip variety - 2 bulbs for $12.99. (Marked down from $17.28)