As we bid farewell to 2023 and welcome 2024, let's revisit the impactful moments, inspirational ideas, and insightful knowledge from the moomoo community.
Thanks to the growing participation of our mooers, the community has turned into a dynamic environment for discussing trending topics, personal investment stories, and valuable educational content.
Now, let's travel back to 2023, a year of ups and downs, but filled with potent...

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Happy Monday, mooers! Ukranie War has put Asia's market gauge on track for bear market, let's predict how U.S. stocks will open on Monday.
Welcome back to Weekly Buzz, where we review the news, performance, and community sentiment of the selected buzzing stocks on moomoo platform based on search and message volumes of last week! (Nano caps are excluded.)
Part Ⅰ: Make Your C...

One of the greatest instruments used by the financiers to impoverish and stupefy us is the stock market. What everyone knows, but few admit, is that the value of a stock has absolutely nothing to do with the value of the company. Just look at Amazon stocks, which have risen around 1300% in the last decade despite the company’s earnings being next to nothing. But Amazon isn’t a weird anomaly. This is how the stock market works. It was set up this way by design,by the industrialists, of course. Instead of spending their own capital to grow their business, they let millions of poor schmucks buy “ownership” in the company. This provides a huge influx of capital investment with no strings attached. If you invest your life savings in Amazon stock and the company tanks, Jeff Bezos doesn’t owe you a dime. Unlike traditional investors in a company, who expect their business loan to be repaid with interest, you the stockholder aren’t legally entitled to ever see your money again. This is called gambling.
Bitcoin, like the stock market, is not really a casino. It feels like one, but it’s not. But with LIBOR, insider trading scandals, and other drips and drabs of leaked information over the years, we know that the stock market is rigged. Its volatility is intentional; the super-wealthy have enough leverage to manipulate stock prices at their will so they can buy low and sell high. That’s not a casino, that’s a con. They want you to believe the rise and fall of stocks and commodities (like Bitcoin) are due to irrational speculative investing, as if the prices are determined by trading volume. But they don’t give you the most important piece of information, which is that those at the very top are controlling the trading volume, not to mention manipulating the exchange rates. When these tricks don’t work, they can just straight-up falsify the data. They can simply tell you a Bitcoin is worth $15,000, sell it to you for that much, then turn around and make the price drop to $5,000. They can do this because they created the market, and they own most of the commodity. 
Lots of people, especially younger people who came of age during the 2008 recession, were skeptical of the stock market and the big banks. So the financiers had to create a new fake market to lure these younger folks under the guise of a “private,” “sound money” system. It’s no coincidence Bitcoin came right on the heels of the Great Recession. The truth is, it was created as another unsound money alternative, to catch all the flies that were getting wise to the great Wall Street scam and making a mass exit from its tangled web. 
Bitcoin claims to be a fully encrypted form of digital currency that offers total financial anonymity. But that’s not true at all. You see, there are two primary ways to buy Bitcoin. You can send and receive it directly from other Bitcoin owners using a “digital asset wallet” or “crypto wallet” and making the transactions directly on the blockchain, which is a ledger of all Bitcoin transactions. Or you can buy them through an intermediary exchange service like Coinbase or Bitfinex, similar to brokerage sites for stocks. When you use the exchanges, you have to jump through at least as many hoops to set up an account as you would to open a bank account, including several forms of photo ID, proofs of address, your social security number, etc. In other words, you have no more anonymity than a bank account holder. Even so, using an intermediary exchange is far easier and less confusing than doing it the direct, anonymous way with a wallet. Just Google “how to buy Bitcoin anonymously” and see how long it takes you to figure it out. It’s immensely confusing and technical. This is why the overwhelming majority of all Bitcoin owners use intermediary exchanges – they’re a whole lot easier. But this means that Bitcoin is no more anonymous than a bank card, and just as subject to taxation as fiat money.
Another supposed value proposition of Bitcoin is that it’s decentralized. No single political entity or group has monopoly control over it, unlike fiat currency which is controlled and issued by the central banks. Just look at the chart at howmuch.net and read the results: 
Over 95% of all Bitcoins in circulation are owned by about 4% of the market. In fact, 1% of the addresses control half the entire market. 
It means the power to influence the value of Bitcoin in the hands of a very select few. And what’s worse, there’s no way of knowing who these few are. This is where the anonymity of the blockchain becomes a drawback rather than a benefit. You have no way of knowing who the Bitcoin millionaires and billionaires are. Yet because they have most of the world’s Bitcoin, they have tremendous power over it. The real owners – the real 4% that own 95% of all cryptocurrency – are the Intelligence agencies, and ultimately the industrialists and bankers who control Intelligence. Since they created Bitcoin out of thin air, any Bitcoin they sell to the rest of us is basically pure profit. Unlike other commodities that actually take capital to mine, refine, harvest, etc., Bitcoin is just a bunch of code. It’s kind of like all those coins you collect in the Super Mario Brothers video games. They don’t exist in the real world. On top of all that, they’ve duped people into buying hardware and eating up electricity to “mine” them. Since the crypto-rulers own the companies that make the hardware and produce the electricity, they make a double-killing on Bitcoin. Blockchain is now being rapidly absorbed into the same corrupt global financial system it was supposedly created to overthrow.
“Bitcoin is a project of American intelligence agencies, which was designed to provide quick funding for US, British and Canadian intelligence activities in different countries. 
The technology is ‘privatised,’ just like the Internet, GPS and TOR. In fact, it is dollar 2.0. Its rate is controlled by the owners of exchanges.” This statement is from the head of one of the largest cybersecurity firms in the world. Bitcoin is an Intel creation. Intel still controls the internet and GPS and every other technology they’ve ever developed.