Yes I can see stocks are higher by 155 Dow points, which, by the way, has a Sharpe ratio of 3.21. But compared to the cryptos, stocks are idiotic pieces of paper floating across a polluted cesspool.
Look at all these gainz.
Over in the stock world, only the crypto proxy plays are worth looking at, such as my MARA. They issued a secondary last night at $5, a solid $1.30 below market prices, and look at the stock. Under normal conditions, that stock would anchor in around $5 — but now she’s flat.
Other proxy plays shooting higher today include RIOT, DPW, PRELF, UEPS, XNET and GCAP. I am long the last two.
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Seems like it’s paper gains for a lot as you watch people try and sell and these exchanges are down or halting trades.
Kraken is terrible. They basically said you might as well sign up for another account using another email as some people have gotten their account to work that way.
Coinbase is by far the biggest and most stable and they had to halt.
So maybe you made 40% or more.. good luck selling it and good luck with that money showing up in your bank account. Lots of Tweets on that .. sold but money isn’t showing up.
I think Crypto has just begun. 2018 should be really interesting for this segment.
Phantom profitz. Bitchcoin exchanges down:
https://tinyurl.com/ybrfqojd
do yourself a favour and instead of trying to cash out back into shitty digital paper confetti rectangles, go to apmex and buy yourself something of true value with your dumb tokens.
“LETS ALL BATHE IN THE GRANDEUR OF CRYPTO-LAND.”
Should read “LETS ALL BATHE IN (no homo) THE GRANDEUR (extra no homo) OF CRYPTO-LAND.”
There, fixed it.
Female employee asked me about BTC at lunch today. Relative telling them to get in now. This probably doesn’t end well.
Dr. Fly, the ibankmonaco.com domain name is still available. It’s not too late!
We are at the end of the line for the immediate-term…the crypto-party ends come January.
LOL STOCKS ARE SOOOOO 2016
Yea but look at some of those volumes. Yikes.