Bitcoin Price Thread

Discussion in 'Crypto Assets' started by Magna, Nov 26, 2017.

  1. NoahA

    NoahA

    I have seen on many podcasts now that Tether and other stablecoins holding US Treasuries is getting to be quite significant. At a time when foreign central banks aren't buying US debt anymore, someone has to. Yellen opened up swap lines with Japan so that they didn't start selling their USTs. So the way I see it now, if Tether goes down, of if redemptions are so strong that they start have to sell their Treasuries, Yellen won't be very happy and this will likely cause a massive spike in the rates and cause the price of bonds to heavily dump even more.
     
    #5291     Jun 11, 2024
    johnarb, semperfrosty and jbusse like this.
  2. deaddog

    deaddog

    I thought you were long BITO and were going to add on the way down
     
    #5292     Jun 11, 2024
  3. No, I moved everything over to GameStop. Made 16k last week. :)
     
    #5293     Jun 11, 2024
  4. schizo

    schizo

    Highly convincing. :rolleyes:
     
    #5294     Jun 11, 2024
    Frederick Foresight likes this.
  5. I go where the money is :)

     
    #5295     Jun 11, 2024
  6. deaddog

    deaddog

    How much did you lose on the BITO trade?
     
    #5296     Jun 11, 2024
  7. I don't even remember having BITO recently. I have been trading MARA, RIOT, CLSK, BITX.
     
    #5297     Jun 11, 2024
  8. schizo

    schizo

    He never loses because he doesn't use stops, remember?
     
    #5298     Jun 11, 2024
  9. Never! I'm almost always down before I'm up... :)
    I legged in a little early because I didn't want to risk missing the rally. Today I was down 3k mid day so I added... and was up 2k at close lol.
     
    Last edited: Jun 11, 2024
    #5299     Jun 11, 2024
  10. deaddog

    deaddog

    That's the problem with your credibily, you can't remember all the stuff you claim to be involved in.
    Hard to take you "here's what I have done, might do, or could do" guys seriously.
     
    #5300     Jun 11, 2024
  11. deaddog

    deaddog

    That's the problem with your credibily, you can't remember all the stuff you claim to be involved in.
    Hard to take you "here's what I have done, might do, or could do" guys seriously.
     
    #5300     Jun 11, 2024