Brace for impact.
Tomorrow opening of the market will reveal a ton.
Few strange events taking place causing concern amongst investors.
1. Rumors of an underground bunker in Jerusalem where senior leaders can remain for an extended period during a war has been prepared by the Shin Bet security service and is fully operational, the Walla news site reported on Sunday, amid fear of attacks on Israel from Hezbollah and Iran.
The bunker, reportedly built almost 20 years ago, can sustain hits from a range of existing weaponry, has command and control capabilities, and is connected to the Defense Ministry headquarters in Tel Aviv, the report said.
2. Japan stock market, the Nikkei 225 is set to post its largest 2 day drop in history.
Larger than black Monday crash of 1987.
3. Bitcoin is down 22% the last week. (10% just today)
Ethereum is down 31% for the week. (21% for the day)
4. Some trends showing the increase purchase of military stocks under way.
This isn’t fully verified but you can see some patterns.
5. Talks about Fed reserve considering lowering rates half a point next month to stabilize the massive potential stock market loss in August.
6. Warren Buffett’s Berkshire Hathaway dumps $75.5 billion worth of stock and halves Apple stake.
They’re now sitting on a record cash pile of $276.9 billion.
What does all of this mean?
1. Nothing
2. Shits about to hit the fan
3. A possible WWIII is eminent and America may be forced to get involved with Iran/Israel if 🇮🇷 attacks
4. The overdue Recession is finally here
5. Global recession after all the printing of 💰 is here
Either way, I follow a basic rule.
I lean 51% on future looking bright and 49% on “Only the paranoid survive”.
God is good!
HOLY SHLIT
The WSJ is reporting the US Navy detected the Titan implosion on Sunday but Biden held the news until today's whistleblower testimony on Hunter
The entire thing was a distraction op
The Nocoiner’s Guide To Crypto Culture:
Part I - Bitcoin v/s Ethereum (and Other Crypto) Culture
Published in @viamirror: https://t.co/xeQhFPpXEH.
If laser eyes, "NGMI", "@inversebrah", million $ jpegs, CT memes, "Bitcoin not crypto" etc. make no sense, this guide is for you.
I am old enough to remember when the Credit Suisse CEO said #Bitcoin is a bubble. Bitcoin was $7,000 then. Bitcoin is now $28,000. Meanwhile, Credit Suisse is getting acquired by a competitor and being bailed out by central banks.
Top chains ranked by UX:
1) Arbitrum - 10/10 - low fees, super quick
2) Optimism - 8/10 - doesn't feel as fast as arbitrum (purely subjective)
3) Ethereum - 6/10 - robust but expensive
4) Solana - 5/10 due to outages; 10/10 on most days, but 0/10 during outages
5) Polygon - 2/10 absolute worst, I dread the moment when I have to use this chain - transaction failures, reorgs, gas spikes - every time my journey with polygon ends in rage quit
Honorable mentions: zkSync - quick, intuitive, pay gas in any token - reserving judgement until mainnet launch, will see how it works under pressure
Fantom - last time I used it was for Solidly, was ofc impossible to submit transaction
Aptos - reserving judgment until they acquire users. Empty chain - fastest chain.
#Bitcoin#SP500
it's always the same. Always.
There is no such thing as "This time is different"
Maybe once the aliens land and destroy our planet, then it will be different 🛸
@GaryGensler Mr Gensler, with all due respect this isn’t the issue.
A lot of people would like an explanation for you and the division’s contacts with FTX & SBF, what influence the donations he made (with stolen funds) gave him & how you intend to bring transparency & clarity to the industry.
@POTUS VP Kamela Harris is in this photo.
When she was AG in California she was responsible for locking up hundreds of non violent offenders for weed. When asked about it in an interview she laughed about it.