Parp : Don't take the GME community seriously they don't know what they are talking about. Best place to learn about this company is Keith's old live streams. They may be boring to most people but the amount of his fundamental analysis he shares is so valuable and informative. I would not bank on a short squeeze but I am personally banking on this being a deep value play that will likely take a few years to fully play out.

Parp : Nothing will happen, fundamentals are way more important, which is what he is always preaching but no one is listening. He even said himself in his most recent stream to wait 3 - 4 years. It's a deep value play, a squeeze doesn't seem likely, at least not now.

Parp : I have a hunch you don't understand how economics work nor inflation. I also don't think you understand how Bitcoin really works. It's a hedge against fiat inflation. More interest rate cuts = higher money supply meaning more fiat inflation which is bullish for Bitcoin. The fed signaled it does not excpect to cut aggressively into 2025 meaning there could be less inflation than expected which means less bullish momentum for assets especially bitcoin which is a direct inflation hedge similar to gold. Following your logic the entire stock market is worthless since it dumped too.

Parp 151464977 OP : wdym

Parp OP Alster : I think we were just spared of the crash, Japan did not raise their interest rates

Parp OP Parp OP : oof I am sorry to hear that. I got a VIX call on Friday in preperation and it went up 400% today and negated all of my losses on my stocks and crypto

Parp OP Alster : I think we will see lots of sidelined money flowing into the markets soon with the recent rate cuts by the major central banks and I am sure they would love to buy up some of these dips so I expect a decent recovery soon

Parp OP EZ_money : Yes I believe so too, I also think Japan is the main suspect. They have been taking out huge loans at a low interest rate and converting their Yen into USD and buying US stocks, it's basically been an infinite money glitch for them. This is the Yen carry trade I have been talking about. Now with Japan likely to raise interest rates again in the near future things could get very interesting.

Parp OP EZ_money : exactly and that's why i am kinda concerned about the stock market right now

Parp OP EZ_money : that's also one of the reasons I am concerned about what will happen in December specifically

Parp OP EZ_money : Now get ready for Quad Witching hour coming up next on the 20th, it will be the most volatile quad witching of the entire year.

Parp OP EZ_money : Nah and I assume it doesn’t involve any big conspiracy. I don’t really wanna reveal my whole thesis on this thing but to point u in the right direction you should pay attention to how the Yen moves against the Dollar, so check out JPY/USD.

Parp OP EZ_money : yes that is seeming probable, they did a few months ago

Parp OP EZ_money : I believe we are going to see something similar to August 5th again. However this time there are many other variables and events to factor in. Look into the unwinding of the Yen carry trade.

Parp OP Panda busy : Looks like we were spared but we almost did have a big crash