_5uxp

9 ms·

61.
by _5uxp 4y ago
So with all information, they must be expert as a how to steal from common man in a more sophisticated way? I mean it just gets more advanced each decade. How they distract via what PM says or do, it is soo good that I admire now.
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by _5uxp 4y ago
Maybe that's why we don't hear much about travels of Warren Buffett. He could be doing/buying every expensive thing in some island in remote place, we have 0 chance of knowing it.
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by _5uxp 4y ago
or just buy/start a private jet charter company so no way public can know where go etc. while making money.
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by _5uxp 4y ago
So we are reading "Bitcoin has failed." for the 24982424 time and this time from a VC that writes on medium? Bad take.
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by _5uxp 4y ago
Ofc, must be little or no competence to create rocket company and making electric cars real for the entire world. Not supporting him but what he "lead" is beyond most. Just the leading part.
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by _5uxp 4y ago
full backing with what exactly? You are joking right? Only powerful US army is backing it, nothing else.
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by _5uxp 4y ago
https://news.ycombinator.com/item?id=30797879 I asked but now we get some details, lol
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by _5uxp 4y ago
Yes but we it can be more normal and possible time to time, depending on how FED feels. Because there is literally more money and debt in the entire financial system compared to any time in human history so it can make thing less efficent.
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by _5uxp 4y ago
Ok but how did recent stocks that crashed funded by then? Your retirement fund and money printer along with retail?
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by _5uxp 4y ago
No, almost all gambling products and companies limit accounts that turn profit, so 10x is out of way for big money there, even one correctly win the games they offer.
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by _5uxp 4y ago
Inv. banks financially engineer really good or great IPO opening price so retail gets little returns, it's also part of class war we have. Crypto has scams etc. but it's not engineered to steal any profit from retail.
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by _5uxp 4y ago
Yes but "crypto" is also can be put under entire new asset class. It's slowly growing along with fiat based financial system.
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by _5uxp 4y ago
It just reminds me recent tech IPO's.
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by _5uxp 4y ago
What exactly is fiat based financial system to you? Can you say it's abs. not a ponzi scheme for baby boomers and corporate America? Because I can't. It's wealth oppur. destrying system only to create wealth for certain age g
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by _5uxp 4y ago
related https://news.ycombinator.com/item?id=30797879
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by _5uxp 5y ago
I forgot to add one of the greatest example from crypto history, Charlie Lee of Coinbase. BCH trading was spectacular in few exchanges too.
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by _5uxp 5y ago
Whoever made the IPO price suggestion in inv. bank must have been promoted really well and made a great bank then. I mean dumping to retail on IPO is the way for them, just a rare old example. New ones are much much better for them, see, UB
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by _5uxp 5y ago
because it has "risk" and "real" return possibility. Unlike stock market where boombers finance and exits their IPO to consumers. VCs get 1000x consumers maybe few times or less. Does that make sense? No gambling gives