He’s the seller. $21bln ATM and btc is up because he’s the buyer. One man’s “yield” is another man’s pyramid ponzi. He will continue to feed the ducks until their gizzards burst. In other news, QUBT has traded $1bln on a $1.3bn mkt cap today. Nice to see we are back in Jan21 GME… https://t.co/tvzor5G4wJ
— Paulo Macro (@PauloMacro) December 16, 2024
And yet, $MSTR bought very little at the 2022-23 lows. https://t.co/BiPjnF6Urr
— James Chanos (@RealJimChanos) December 16, 2024
Bitcoin is like a giant game of musical chairs.
No one knows when the music will stop, but when it does, those left standing will end up holding the bag.
As prices surge, fueled by retail FOMO and Tether injections, remember to take profits and secure your gains before it's too…
— Jacob King (@JacobKinge) December 16, 2024
A trader thinks that the prices of eggs are going to increase, and so he contacts his broker and asks him to buy 1,000,000 egg futures at $1.70
Sure enough, a week later, the price of egg futures is $2.50, and the trader, happy to ride his winners, places an order for 3,000,000 more egg futures
Next month, at $4.30 a piece, he pats himself on the back and restructures his liquid investments to buy another 10,000,000 egg futures
At the end of the quarter, egg futures are trading at $7, and the trader finally calls up his broker and tells him to sell them all
The broker replies: “To who? You’re the egg man!”
A trader thinks that the prices of eggs are going to increase, and so he contacts his broker and asks him to buy 1,000,000 egg futures at $1.70
Sure enough, a week later, the price of egg futures is $2.50, and the trader, happy to ride his winners, places an order for 3,000,000… https://t.co/2AKDvw0xkk
— laurence (@functi0nZer0) December 16, 2024