Still think TITNC3: Return of the Iceberg was peak

which etf to go with though?

just read that fidelity FBTC will be holding the bitcoin themselves
seems safer?

 

None of the ETF's will hold BTC themselves except Grayscale. All other will use an exchange as custodian. Coinbase and Gemini are both in the various filings.

 

interesting

i've never bought ETFs before, guess ill buy one of these FBTC to wet my feet

 

about to drop the bag on GTII from when i bought at $7

 

BTCW is 0.08

 

Freakout over inflation report forgetting end of year bonuses and holiday spending.

Nothingburger.

 

Yeah, the numbers aren't coo coo bananas, but they're still high, and just means the rates are probably going to hold longer than they were thinking before. I don't see a freak out, just a normal down day on "bad" news for stocks, vs bonds/savings. Rates higher longer, oh well.

https://fred.stlouisfed.org/series/FEDFUNDS

It's worth noting that the stretch going up to 2020 was abnormally low, and then after the 2020 crash, surprisingly, they were back to low. 5.33% is kinda high, but not artificially/unexpectedly high, I don't think we'll see going back down to 0. anything, or even 1. anything for a while.

I'll hold on to my 2.625% mortgage for dear life

 

same, the insurance companies are trying to get me to let it go though. up 50% last year and another 70%+ this year...

 

Oh, 100%

https://www.npr.org/2023/05/19/1177...ng-how-much-corporate-profits-drive-inflation

 

I question even that. I bet this report is a blip and next month continues previous trend.

 

Oooops did someone miscalculate how much air in their tires? Inflation problem

 

I ain't going near that shit with a 700 foot pole

 

Me either. I went for a play on RIOT instead. Figured it would take off when BTC did. Sound plan. In hindsight, I now think people, a lot of people, are exiting RIOT to get direct exposure with the BTC ETF's. Should of thought of that one a little harder. lol

Or their just shoring the shit out of it.

 

A few months ago, I bought a decent stack of Raytheon. I'm like, "cool, people are blowing each other up again, and raytheon makes a bunch of missiles and shit we put in airplanes"

Trades absolutely flat

 

Jpow has killed the stonks thread

 

Boring market has killed the thread.

 

We need a war with aliens or the moon to explode or something. This gradual decline of everything aside from the top 7 stocks in the S&P is killing me

 

Yep. Markets way up. Most stocks down. Gotta love how that math works. lol