Is the Bitcoin Game about to Stop? – Ep 649

Is the Bitcoin Game about to Stop? – Ep 649


*
Big gains in the most heavily shorted stocks like Game Stop.

*
Robinhood traders buying Game Stop think they’re smarter than the hedge funds shorting it.

*
Markets can stay irrational longer than you can stay solvent.

*
In the short-run, stocks are a voting machine. In the long-run, stocks are a weighing machine.

*
Price is what you pay. Value is what you get.

*
When it comes to bubbles, the markets first bankrupt everyone who bet against them, and then bankrupts everyone who bet on them.

*
Premium for Grayscale Bitcoin Trust is collapsing along with the demand.

*
If you’re at the poker table and you don’t know who the patsy is, it’s you.


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