RIOT
Evolution of the collapse of the United States"Perma bears are ridiculous" 🤡 Honk Honk
Brace yourselves for the "no one could have predicted this" 🤮
Going to update on the destruction, and economic & monetary consequences, I wonder if China will want to keep holding onto the USD...
"America is CHRONICALLY ILL with racism, Beijing proclaims". LOL China adding fuel to the fire go figure. I'm dying 😂. It's so childish. China and Russia must be celebrating rn.
I'll call the USA racist too when I go short, well I already am via USDMXN but this is short term and the usd collapse prob comes much later.
DC is in blackout now, protestors are not able to use phones or the internet to organise a coup anymore.
I doubt they had the intelligence to prepare walkie talkies.
It's of course making Trump look bad. Every one focussing on Trump as if the individual himself is important.
Half of the USA hold 1% of the wealth.
When the USA used their reserve currency status to increase their wealth, I think they forgot a few people lol.
The wealth of the bottom 20% is negative they're all in debt (to banks not to Trump). No one has protested against banks or the FED.
Income distribution in west europe is pretty chill, and it has been stagnating or getting more equal (despite all the immigration making it worse) in the past 20 years.
The USA of course have kept getting worse at a fast rate.
Here is the income distribution for the Netherlands, most countries are on this site:
www.indexmundi.com
Wealth distribution in west europe is much much better than in the USA, for now (and since the USA are burning let's stop following their example), and it's one of the most equal places on earth.
Raising taxes doesn't work that well, I mean it works but up to a point, it's not a magic solve everything thing:
"The impact of direct taxes in reducing income inequality, as demonstrated by the gap between the Gini coefficients of disposable and gross, is larger for years where there is a top income adjustment. This reflects the fact that the top income adjustment increases the income of the richest individuals and therefore also the amount of tax paid."
www.ons.gov.uk
And even if you taxed at 99%, assuming it works as they expect, then what? The top 1% control everything earn everything, and then all they have gets taxed by an all powerful government that throw it as they wish to (the army) 99% of the country on welfare (no, the army like Maduro).
Every one doesn't want to be a loser totally dependant on the government (what is left after the army's cut).
There is a video of a black man in handcuffs with a dog holding his arm.
The dog won't let go (racist dog).
The man in cuffs keeps saying he is comfortable.
The police is so terrified of doing "brutality" they are desperate to pull the dog away and hurting the man.
Irony...
He should be allright, he said he was comfortable, if the dog was biting really hard we'd know.
Is that dog going to court? Man I hope they don't euthanize the poor fellah. Or the dog.
Diversity ... consists of minority groups explaining how they have been injured by the majority, even though this is a tactic for minority groups to overthrow the majority.
A group wants anarchism, a group wants a certain minority that's not them to get persecuted, a group has no brain, a group is angry and wants "something", a group has guilt, a group is sheep, a group is looking for votes or popularity.
It's an attack on capitalism... They don't care about being wealthy, they want every one to be poor.
Also seing lots of people ask for more violence "burn it down", then cry when it happens next to their home. HAHA!
There's been marxists yelling "eat the rich" around Hollywood. Irony...
Hard times create strong men
Strong men create good times
Good times create weak men
Weak men creat hard times
The country created university inflation, both in the need for a diploma, and in the prices (universities kept raising prices since loans were guaranteed).
Governments were looking for a few votes from students "hey you won't have to work during the summer to pay for university if you vote for me".
You need a master degree to flip burgers almost now, 1 century ago the greatest economists investors etc had a bachelor degree or even nothing...
To all the clowns that cried victory after QE in the 2010s "woohoo we fixed the banking crisis and solved the recession", NOW is your time to feel stupid.
Now is when it all begins, now is when I start rubbing it in your faces. Remember when you called us ridiculous perma bears? This did not age well.
Good luck avoiding a 10% GDP contraction, the definition for a depression to force people in denial to admit it.
"At the top of the bull market bears were ridiculed".
The USA are going to burn from the inside and west europe will just chill. Hey does this mean migrants will avoid the USA all all come to Europe? Rip.
University professors are sending instructions on how to topple monuments and official buildings...
Maybe crippling an entire generation with debt & sending them all to marxist institutions was not the brighest idea?
Maybe holding ridiculously low rates to help the rich get richer at the expense of the 90% was not the brightest idea?
OSTK Bull Run ContinuationBTC pumping, market pumping, Wayfair pumping, tech pumping.... this move is obvious.
Bitcoin is “Clear for Liftoff” as Analysts Watch ForaMove HigherBitcoin is firmly caught within the throes of an immense uptrend. This was clearly seen yesterday when the cryptocurrency rallied up to highs of $10,000 before facing a slight rejection that led it lower. This was a massive $1,000 movement that marked a significant extension of the momentum that was first incurred when the crypto rebounded from its capitulatory decline to lows of $8,100. Because buyers ardently defended this level and have since provided BTC with sustained momentum, it does appear that it is well positioned to see further upside. One trader is now noting that Bitcoin looks “clear for liftoff” as it flashes signs of forming an immensely bullish market structure. Analysts believe this next movement could send it towards fresh yearly highs. Bitcoin Sees Notable Overnight Upswing as Analysts Watch for Further Gains
At the time of writing, Bitcoin is trading up just under 7% at its current price of $9,700. Overnight BTC tapped highs of just under $10,000 before facing a slight rejection that led it into the mid-$9,000 region. This movement allowed it to firmly surmount all the heavy resistance it previously faced around $9,200 and $9,500. It is also important to keep in mind that this momentum marks a continuance of the macro uptrend that Bitcoin incurred in mid-March when it posted a “V-shaped recovery” from lows of $3,800. This recovery has also come about against a backdrop of global turbulence, as the stock market is beginning to flash signs of seeing another leg down as the global Coronavirus-induced lockdowns show few signs of letting up anytime soon. The benchmark cryptocurrency’s current strength could be enough to provide it with some significant momentum that provides it with further room to run. One popular pseudonymous analyst on Twitter spoke about this in a recent tweet, explaining that Bitcoin looks “clear for liftoff.” “Bitcoin weekly Heikin Ashi looks clear for liftoff,” he said while pointing to the chart. BTC Likely to Target Fresh Yearly Highs It is a strong possibility that the benchmark cryptocurrency will soon target fresh year-to-date highs as its technical strength begins mounting. These highs are currently established at $10,500, and this happens to be an important technical level that coincides closely with a descending trendline formed as a result of the crypto’s decline from highs of $13,800 in the summer months of 2019. Another popular trader recently explained that he expects BTC to test this key level in the days ahead, saying: “BTC access granted for bulls. Price trading above my bull trigger, let’s see if it holds. Above both the Monthly + Weekly S/R levels as well as the low time frame range high. Continue to hold above ~$9350 and I see us gunning for $10.5k.”
DXY - Bull Flag/Ascending TriangleShort - Term: SHORT GOLD watch at key levels.
Currently using GLL, DZZ, and one other as a medium to short the market.
Considering INVERSE gold miner ETFs for TUES buys. Also watching out for FOMC meeting as well as ECB. WED will be when the rubber meets the road.
* Took profits on all gold mining stocks and looking for buy in opportunities according to gold price movement.
LONG BTC price movement looks steady and solid as we head towards the 100 day moving average!
Long - Term: BULLISH on Facebook and Appian as well as
Silver Miners and Royalty Companies: AG, EXK, etc. (Will post more if any interest is shown.)
- as well as ETFs- AGQ, USLV
Gold Miners: SBSW and several others.
RIOT entry at 1.10, 1.00, .90 if BTC CONSOLIDATES, 1.15, 1.20, 1.25 if it continues UPWARD
I use this stock as a BTC derivative with an eye on what's going on with mining.
n For instance the new Antminer S17 and T17 have a failure rate between 20% and 30%. How will this effect RIOT's bottom line as well as the BTC halving?
RIOT about to break within 3-4daysHello everyone, this is my first analysis of RIOT,
I'm not an experience trader, but i want to share you my idea.
Based on my analysis prediction, from the photo i believe that we are about to have a bull run after a breakout that should happen within 3-days from now.
Get in around $1.32-1.42, cause this is currently our main support.
>>first resistance lvl is $1.55,
>>and 2nd resist lvl is $1.64.
I could be wrong, but feel free to comment your suggestions.
Thanks,
AznMessiah
Entry 1/2, BITCOIN SYMPATHY MOVER. HIGHLY MANIPULATEDLow float, highly manipulated. We will see all the pump and dumpers chase this bitcoin run. The first players was CLCI, going up several 100%. There will be many more
Bitcoin Down Big, But OSTK Green. Massive Volume Spikes. LongThe fact that all the other bitcoin stocks are down says a lot about the strength of OSTK. Looks great for an entry today. Medium size, 1/2 -- now
Will be updating with more details
Manipulation Play. High Range, and Sellers Gone. BlockchainWe see some blockchain announcements over horizon with this stock. Highly manipulated with a low float.
Look at that chart!!!
‘424B1’ on 4/16/19
"We plan to use the blockchain technology to provide authentication capabilities for luxury goods, using cryptographic NFC chips and a decentralized marketplace".
Samuel Lim 559,298 20.5%
Chua Kee Lock 535,406 19.8%
Jeff Richards 378,383 14.0%
Don't have time to post all the details
RIOT BLOCKCHAIN... CURRENTLY BEST CRYPTO EXPOSURE ON NASDAQ??Hello,
I just wanted to point out that with all the ETF delaying nonsense... that's fine.
We have a crypto asset to speculate that's already traded on the NASDAQ.
AND one thing to consider is these "crypto" stocks are few and far between.
This fact alone will cause speculators to throw cash at them that are stuck trading in traditional markets, and their options are... BASICALLY RIOT. lol
I myself have a PCRA. If you don't know what that is, basically it's my retirement account essentially a 401k that my company is matching 5% monthly on.
Since I'm a crypto maximalist and believe in all things crypto, plus my company is matching my investments, I'm going all in on RIOT.
I have been all in, all year, and so far I'm up over 100% in my 401k, and will continue this strategy all year, every pay check dollar cost average in.
I would like to look at anyone's 401k held at the company, I highly doubt anyone has traded and can prove such returns.
It's just not possible really. Unless you HELD CRYPTO!!!!!!!!!!
So, for those interested, here is RIOT Blockchain if you haven't been informed.
Basically the only crypto related stock traded on the NASDAQ.
It gets respectable volume, and follows the market almost identically.
One of the exciting parts is when the stock market closes on Friday and crypto booms on Saturday and crushes all weekend.
You have piece of mind Saturday and Sunday knowing RIOT is going to blow up and you get to sit back and watch the cash flow in.
AND those Mondays are usually good days to sell.
Jus' Sayin!
- CA$HLESS
RIOT 10% decrease then 45% increase... Rate Adjustment Level 3.70 usd I'm waiting for the rate to return to this level. This represents a decrease of nearly 10%. Then I expect a stronger rise. The rise target price is 5.35 usd. 45% increase from the correction level. The rise can be quick and instantaneous. My assumption is based on the slope of the ATR axis in this range.