@beniduboss Berkshire has been selling for 8 quarters in a row, but the acceleration definitely makes you think they want to buy fear now (277 bln cash after most recent sales)
Well done…Selling SPU rips until Sep Opex with you since last Wednesday of Vixperation. There will likely be a rip again next week, then stair steps.
That said. I think we have a fundamental disagreement on the size & importance of the ‘wealth effect’, & accordingly, how closely the Fed watches eguity markets, & manages policy to account for their movement. Think the Fed Q4 2018… look forward to our discussion in September, right before next Fed. 😉
Impossible not to be bullish defi coins with real cash flow after this. Even if democrats win, the conditions for crypto businesses will be much less hostile
I really want to believe that self-regulation among businesses and market participants in crypto will be much better during the next price appreciation/mania. Malicious actors can't just keep siphoning hundreds of millions or billions, can they?