@Alice_comfy@abysstrades Do you think we'll get some sort of spook in the future that allows for an actual capitulation? or is the asset cursed to eventually trade like a stablecoin?
@Afocus_ btc didn't look like shit technically, but today's ai fud might mean btc isn't that strong fundamentally. Also, majors/onchain need some cleansing, so thats another reason for a deeper flush.
Gotta see what the burgers do tomorrow.
@abysstrades all things considered, taking this risk into account, the r/r on corn currently doesn't make sense compared to tradfi if AI is going exponential this early. Even gcr argued the same thing.
It would need some sort of heavy capitulation that allows good X's off the lows.
@rationalaussie I wonder how trading is going to look in a few years when retail chops themselves to 0 and they have no way of refilling their accounts since they prob won't have jobs. Is it going to be shops/hedge funds agents vs other agents? where is dumb money going to come from?
@rationalaussie pretty much. Extremely complex technical positions that also require critical thinking and balls tingling might survive for a while longer, like quants, but they're going to look way different than they do now.
Lag is whats holding most white collar positions safe-ish.