I agree, both the options seem 100% possible to me. Although the market is volatile, we know that BTC has been booming since Trump won the election.It seems unlikely that BTC will drop till February atleast. Fingers crossed!
Years ago, a Bear Stearns employee told me “Do you know what is the secret to getting rich? You never ever ever sell the stock!” So it’s a sign of the times that these “I’ll hold X forever” seem to be coming back. If you bought INTC in Dec 1998, you’d be barely break-even on total returns basis. Nasdaq only recently made new highs. Nikkei was below HWM for over 30 years. Bubbles burst, that’s how the world works. I am eagerly awaiting people to tell me that “this time it’s different”
Well, technically it is depending on what side of the border you're on. For example, woke-broke Canada has a failed drama-teacher as the prime minister, and he also put in a diversity hire as Minister of Finance. It's worked out... pretty much as common sense would have expected. Sadly... so be careful what everyone wishes for.
I am not exactly sure what you’re trying to say. How does this relate to bubbles which eventually burst?
Matt Levine has noted that the following text is buried in the new Enron website terms of use: THE INFORMATION ON THE WEBSITE IS FIRST AMENDMENT PROTECTED PARODY, REPRESENTS PERFORMANCE ART, AND IS FOR ENTERTAINMENT PURPOSES ONLY. Here's the link to the terms of use page: https://enron.com/pages/terms-of-use Levine's commentary, as always, is very entertaining. Here's his column from December 2: https://tinyurl.com/241202BBLevine This is a gift link that expires in 7 days. A Bloomberg subscription is not required. Levine has noted in previous columns that sometimes a defunct company will be resurrected into something that has no connection whatsoever to its previous business. Sometimes the new thing is crypto, and sometimes it is something else. Retooling an inactive company, in some cases, can be a lot easier than an IPO, because the company already exists legally and still has shares of stock outstanding. I can't find a link right now, but this is a real thing. Doesn't mean Enron is a real thing, though. I suspect someone just bought the domain and set this up as a prank.