What if insiders already know there's going to be no capital gains on crypto?
Would explain why BTC is nuking to ETF entry, while ETH can't go lower or nobody is in profit.
@0xSisyphus@degentradingLSD I think Pearl is just a ploy to pull additional GPU rental capacity online, some of which is likely to stay afterwards and reduce supply constraint and price in the long run. It certainly incentized me to get a bunch of 5090s up and rented..
@gammichan Lower rates will reduce the stimulative effect of bills 'n' bonds, but will probably amplify the effect by increasing tech multiples again, no?