I really like these. The only one I strongly disagree with is on Eric Adams. You're underestimating the impact a DA like Alvin Bragg having on the city. The criminals will quickly realize that they can get away with almost anything and it will not end will.
Investors would do themselves a great service by learning how options are *traded*, i.e., not "investing". The options market thrives on losing option trades. There is a huge world beyond long calls and protective (or predictive) puts. And I mean just to become familiar with how it works -- options trading isn't for everyone. But in order to understand how equity markets might be manipulated with options, you gotta dig a little deeper.
People buy Bitcoin as a risk-off trade. You don't understand the people who are investing. Folks like me see Bitcoin as the literal safest "sleep like a baby" investment they own. Over 85% of people who have ever purchased Bitcoin NEVER sell it. It's the soundest, safest, investment that mankind has ever known other than gold (and because it is better than gold it is replacing gold).
I agree with most of your analysis, but you're turning into Peter Schiff-level stupidity and buying into a dogma related to crypto.
Nobody buys Bitcoin because they're looking for risk-on investments. They buy it to protect themselves from literally EVERYTHING going on in the world. It's the ultimate safe haven asset that nobody can take away from you.
Maybe you should go out and actually talk to people who invest in this. The vast, overwhelming majority are not speculators or traders. They don't see Bitcoin as a "trade" that they can convert into dollars later.
They see Bitcoin as MONEY and a life-raft that they 100% own and can carry with them across any International border.
They see it as the only thing there that will save them.
And when people aren't selling and demand continues to grow for an asset that has a known and finite supply -- the price in dollar-terms goes up.
That's just an undeniable, inarguable basic supply/demand fact.
So you have to assume that LOTS of people are magically going to start selling their Bitcoin in 2022.
If they didn't at any other point in Bitcoin's history -- why would they start now?
HA HA, thanks for the laughs, I think the very last prediction is a sure bet. Can't think of any brick n mortor who would want BBBY LOL. Maybe Sears. People are going to try to get themselves banned from Twittville just to be asked on Joe Rogan show. Definately going to look into an ETF to short the shitcoins, if there is one. Great list bro
Jan 9, 2022·edited Jan 9, 2022Liked by Quoth the Raven
Loved the prediction that Europac's gold fund overperforms bitcoin... I laughed at that one, I hope it does happen. And let's Khamzat! I was surprised not to see a market crash on it, though.
I really like these. The only one I strongly disagree with is on Eric Adams. You're underestimating the impact a DA like Alvin Bragg having on the city. The criminals will quickly realize that they can get away with almost anything and it will not end will.
Not looking good for Arizona Cardinals...
With respect to your "The Stock Market" item #12:
Investors would do themselves a great service by learning how options are *traded*, i.e., not "investing". The options market thrives on losing option trades. There is a huge world beyond long calls and protective (or predictive) puts. And I mean just to become familiar with how it works -- options trading isn't for everyone. But in order to understand how equity markets might be manipulated with options, you gotta dig a little deeper.
People buy Bitcoin as a risk-off trade. You don't understand the people who are investing. Folks like me see Bitcoin as the literal safest "sleep like a baby" investment they own. Over 85% of people who have ever purchased Bitcoin NEVER sell it. It's the soundest, safest, investment that mankind has ever known other than gold (and because it is better than gold it is replacing gold).
I agree with most of your analysis, but you're turning into Peter Schiff-level stupidity and buying into a dogma related to crypto.
Nobody buys Bitcoin because they're looking for risk-on investments. They buy it to protect themselves from literally EVERYTHING going on in the world. It's the ultimate safe haven asset that nobody can take away from you.
Maybe you should go out and actually talk to people who invest in this. The vast, overwhelming majority are not speculators or traders. They don't see Bitcoin as a "trade" that they can convert into dollars later.
They see Bitcoin as MONEY and a life-raft that they 100% own and can carry with them across any International border.
They see it as the only thing there that will save them.
And when people aren't selling and demand continues to grow for an asset that has a known and finite supply -- the price in dollar-terms goes up.
That's just an undeniable, inarguable basic supply/demand fact.
So you have to assume that LOTS of people are magically going to start selling their Bitcoin in 2022.
If they didn't at any other point in Bitcoin's history -- why would they start now?
That makes literally no sense.
Thanks for making a rainy January Sunday more enjoyable. Always enjoy QTR’s Fringe Finance.
Really enjoyed this list and will be a lot of fun to look back next year and your “batting average”.
HA HA, thanks for the laughs, I think the very last prediction is a sure bet. Can't think of any brick n mortor who would want BBBY LOL. Maybe Sears. People are going to try to get themselves banned from Twittville just to be asked on Joe Rogan show. Definately going to look into an ETF to short the shitcoins, if there is one. Great list bro
A very entertaining list. Thanks!
Great write up. I'm saving it to check off just how right your "guesses" are. I bet you bat HOF levels of .350+
Loved the prediction that Europac's gold fund overperforms bitcoin... I laughed at that one, I hope it does happen. And let's Khamzat! I was surprised not to see a market crash on it, though.
I am not a Newcastle fan but am rooting for Eddie Howe. Also, it would be great to see Bournemouth back up.
James Conner winning MVP is the most arbitrary prediction.