Here we go. Trading resumed now but it's dropping like a rock. I can't believe this won't extend to other regionals.
465 sats \ 0 replies \ @kr 7 Feb
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315 sats \ 0 replies \ @OriginalSize 7 Feb
Bitcoin loitering at 43k like a psychopath.
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236 sats \ 0 replies \ @kepford 7 Feb
Sometimes its like watching a car accident in slow motion.
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225 sats \ 1 reply \ @fiatbad 7 Feb
And the Fed keeps saying:
"No cuts soon, and also we're ending BFTP in less than a month from now. Everything's fine."
Layoffs happening by the thousands now too.
Absolute clowns at the Fed.
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10 sats \ 0 replies \ @kepford 7 Feb
Reminds me of 2008.
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131 sats \ 1 reply \ @JuanMiguel 7 Feb
Stock market is a scam, been saying this for years.
- Every time some stock crashes, trading is halted.
- You can't trade pre/after hours, but suit guys somehow can.
- Companys can issue more shares, diluting your holdings.
- Your broker can ban you at any time, for any reason, or block you from executing buy/sell orders "for your safety".
- You are forced to sell at any moment. Just see what happened with Twitter, if you had shares you were forced to sell because of Elon Musk.
- There is insider trading and corruption everywhere.
Sell everything and go bitcoin.
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0 sats \ 0 replies \ @kepford 7 Feb
The real problem with the stock market isn't the issues you mention. These are issues but not the root problem. Its the fact that people trust it. It would be better if it was completely wildcat. Buyer beware. Fewer people would be in it. This would organically lead to self regulation and transparency to attract investment. Stock markets have utility but not when centrally controlled and "regulated" by corrupt systems.
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0 sats \ 0 replies \ @BlokchainB 7 Feb
Ugh here we go again it’s not even March yet
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