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HOOD Blast!!Money Makers! Keep an eye on HOOD. There's a lot of ppl that are naturally watching this stock due to previous complications during the hype of a few other stocks we should all know about I think this stock is getting ready to move higher with a massive sell-off to support yesterday. It has a few areas that it needs to overcome before it's a clear path to previous ATH. If this previous ATL is broken, I'm not sure how low it will go but I would look for a retest of s/r before thinking of shorting. Time will tell. It's all about Market structure, Area of value, and Entry Trigger. Love it or hate it, hit that thumbs up and share your thoughts! Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect! This is not financial advice. Simplicity Wins
NASDAQ:HOODLong
by rnaofs
Fear of the unknown: A story of the SEC’s crusade towards scamOn the opening day of Messari Mainnet 2021, New York City’s long-awaited first crypto conference because the start of COVID-19, reviews got here blazing in thru a viral tweet that the United States Securities and Exchange Commission had served a subpoena to an event panelist on the pinnacle of an escalator in wide daylight hours. While it’s still not completely clear who became served (or why), this isn’t the primary time the SEC has encroached upon the crypto industry in complete view of the general public. Let’s move lower back a mere two months.On July 20, 2021, SEC Chair Gary Gensler issued his feedback outlining the SEC’s scope of authority on cryptocurrency:
TLong
by Heather98870
1
SELL USDT BEFORE It gets blacklisted everywhere!!!! NOW!If you're not a crook and have assets in Tether, Move them to ANY coin that's half decent. Bitcoin is the safest, Ether ETH is next. Heck SHIB is even a safer bet!!!!! LOL Seriously! This toxic cryptoscam is getting delisted in Canada. To be a legal, regulated crypto exchange in Canada, you can no longer trade this fake USD. That's a effectively a double fake USD with debasement! Check your crypto trading platform. Is USDT still there? If so, you'r coins are not in custody with a very safe custodian because this appears to be regulated at the World Level. Bitfinex and the crooks can safely stay in the Britsh Virgin Isles. No heat there... LOL
CRYPTOCAP:USDTShort
by UnknownUnicorn2413721
TSLA - Loans for Shanghai RepaidWhat's the rush Elon. Cost cutting? Yeah, naw. Much more to it, including the CCP Boot Licking. Tesla's 2nd largest Marker is China. While Elon's touring/touting the SpaceX distraction. The CCP hoisted up Huawei, Bait and Switch for Tesla's exit by 2023/24. China simply needs to achieve EV Battery parity. 40 Mainland car brands gaining traction in the Mainland. CCP is positioning their "Public" towards a clear distrust and hatred of Tesla. Anyone unfamiliar with the History of the CCPs chess models, should consider a review. BMW, AUDI and Mercedes learned the hard way. EV's are the #1 objective in takeover of TECH. Ignore at your peril Fan Boys... Currency Wars lead to Trade Wars, which lead to shooting Wars. Elon Musk isn't ready for the switch and it becoming increasingly clear the US Admin is no longer a Tesla Fan Boy. History is on our side. Tesla will exit China as the CCP squeezes the while gaining innovation in EV's, Data and Advanced Storage for EVs.
NASDAQ:TSLAShort
by HK_L61
10
Is BITCOIN a Long Term FONZI SCHEME ??It’s a colossal pump-and-dump scheme, the likes of which the world has never seen. I’m tired of saying, “Be careful, it’s speculative.” Then, “Be careful, it’s gambling.” Then, “Be careful, it’s a bubble.” Okay, I’ll say it: Bitcoin is a scam. In my opinion, it’s a colossal pump-and-dump scheme, the likes of which the world has never seen. In a pump-and-dump game, promoters “pump” up the price of a security creating a speculative frenzy, then “dump” some of their holdings at artificially high prices. And some cryptocurrencies are pure frauds. Ernst & Young estimates that 10 percent of the money raised for initial coin offerings has been stolen. The losers are ill-informed buyers caught up in the spiral of greed. The result is a massive transfer of wealth from ordinary families to internet promoters. And “massive” is a massive understatement — 1,500 different cryptocurrencies now register over $300 billion of “value.” It helps to understand that a bitcoin has no value at all. Promoters claim cryptocurrency is valuable as (1) a means of payment, (2) a store of value and/or (3) a thing in itself. None of these claims are true. 1. Means of Payment. Bitcoins are accepted almost nowhere, and some cryptocurrencies nowhere at all. Even where accepted, a currency whose value can swing 10 percent or more in a single day is useless as a means of payment. 2. Store of Value. Extreme price volatility also makes bitcoin undesirable as a store of value. And the storehouses — the cryptocurrency trading exchanges — are far less reliable and trustworthy than ordinary banks and brokers. 3. Thing in Itself. A bitcoin has no intrinsic value. It only has value if people think other people will buy it for a higher price — the Greater Fool theory. Some cryptocurrencies, like Sweatcoin, which is redeemable for workout gear, are the equivalent of online coupons or frequent flier points — a purpose better served by simple promo codes than complex encryption. Indeed, for the vast majority of uses, bitcoin has no role. Dollars, pounds, euros, yen and renminbi are better means of payment, stores of value and things in themselves. Cryptocurrency is best-suited for one use: Criminal activity. Because transactions can be anonymous — law enforcement cannot easily trace who buys and sells — its use is dominated by illegal endeavors. Most heavy users of bitcoin are criminals, such as Silk Road and Wanna Cry ransomware. Too many bitcoin exchanges have experienced spectacular heists, such as NiceHash and Coincheck, or outright fraud, such as Mt. Gox and Bitfunder. Way too many Initial Coin Offerings are scams — 418 of the 902 ICOs in 2017 have already failed. Hackers are getting into the act. It’s estimated that 90 percent of all remote hacking is now focused on bitcoin theft by commandeering other people’s computers to mine coins. Even ordinary buyers are flouting the law. Tax law requires that every sale of cryptocurrency be recorded as a capital gain or loss and, of course, most bitcoin sellers fail to do so. The IRS recently ordered one major exchange to produce records of every significant transaction. And yet, a prominent Silicon Valley promoter of bitcoin proclaims that “Bitcoin is going to transform society ... Bitcoin’s been very resilient. It stayed alive during a very difficult time when there was the Silk Road mess, when Mt. Gox stole all that Bitcoin ...” He argues the criminal activity shows that bitcoin is strong. I’d say it shows that bitcoin is used for criminal activity. Bitcoin transactions are sometimes promoted as instant and nearly free, but they’re often relatively slow and expensive. It takes about an hour for a bitcoin transaction to be confirmed, and the bitcoin system is limited to five transactions per second. MasterCard can process 38,000 per second. Transferring $100 from one person to another costs about $6 using a cryptocurrency exchange, and well less than $1 using an electronic check...
BITSTAMP:BTCUSD
by Sahran_Mohammed
5
BTC you SHORT beast, sub 23,000k incoming. Nice, short and concise. 8 Weeks of bearish sentiment, now one thing to consider is a td 9 count will complete at the end of the week. So, factoring in TD Sequential, it'll be important to watch for a 4 count correction to the reverse, or whether it continues bearish sentiment and goes on to complete a 13 count to the downside. However, I play particular attention to a rejection of not only the 0.618 resistance level in this chart, but also how it co-occurs with a rejection of a MA cross-over right on the fib retracement at 0.618 level, which led into heavy downwards pressure. Moving averages, MACD, MFI indicate mid term bearish continuation. As what we expect from crypto trading such as whales dumping, exchanges going into server overload mode and tether printing, ANYTHING CAN HAPPEN. But the charts have spoke thus far, and it is irrefutable despite bias, the technicals and data of btc and the picture being painted does not in the slightest suggest a worthwhile long entry, unless swing trading, and in the the hope we go back up to test new resistance, and just get slammed backed down. Also, just to conclude on and close on a litte challenge. Open a btc/usdt chart, change to weekly/monthly. TA Done. Low lev, low contract for Future traders
Short
by UnknownUnicorn6513259
Elon Musk the crook of the century part 2People defending Elon Skum, this shameless charlatan carnival barking pathological liar. As always, they ignore the evidence and their "points" are about how I smell like pee-pee, how we that criticize the biggest scammer of the century hate him because we are jealous, got rejected by the opposite gender etc. I am serious when I say he is the crook of the century. His lies, by their numbers, and by their grandiose nature, are so big, a part 2 was necessary. Take Enron. Big. But Elon scams are much bigger and there are several of them. At least Tesla is much bigger than Enron. Elizabeth Holmes? Quite the manipulator. But Elon tricked way more money AND way more people. And convinced them of even more grandiose claims. Tell me he is not a crook when: - While trying to sell SolarCity to Tesla by convincing shareholders, he went to the set of desperate housewives and claimed the house behind him was covered in solar panels that worked. Not only did they not work but THERE WERE NO SOLAR PANELS AT ALL. It was just a regular house and he completely fabricated a lie. Unarguable & undeniable. A big fat lie. SolarCity was deep in debt, and who did the sale of it to Tesla benefit? Elon and his 2 cousins. And what did he do with the company after the purchase? Fire most employees, and over 10 years divide the energy it generated by 10. - Tesla bought cells from China - to build solar roofs - rather than their declared partner Panasonic, to keep costs down. Their solar roofs that since then have a tendency to catch fire :) - Buffalo Billion: Elon Musk scammed Cuomo, assuming he was not in on it. New York taxpayers were defrauded of $1 billion (958 million) to build a Tesla solar panel factory In Buffalo. Auditors went to the factory and concluded the whole thing and the equipment inside was worth just under $75 million. Where did the remaining 880 millions go? He didn't just make gullible investor money disappear, but even an entire state now! - Another reason why he is the crook of the century: He somehow tricked NASA. See, they're not that smart! NASA became reliant on SpaceX to send astronauts to the ISS, obvious spaceTroll did not deliver, and then NASA spent billions for seats on Soyuz rockets and later I think Boeing. - In September 2016 SpaceX destroyed Facebook satellite, months after Elon Crook announced his competing Starlink, and right after destroying FB satellite and setting them years behind, Elon Skum proceeded to put his Starlink in orbit. No conclusive evidence that I know of, but who knows what we may find with time? - Neuralink is trying to link prosthesic arms with minds, to help amputees. Elon Musk, being the perosn he is, simply can't help but lie. He just cannot resist lying, it's in his nature. So he came up with nonsense and told the whole world about Neuralink allowing humans to do telepathy (I just crack up when I hear this, how does the room not just explode in tears of laughter when they hear this?), he added the magical technology could be used to play video games, download a new skill in your head (wat?), and transfer your soul to a younger body (???). How ignorant do his fans have to be to fall for this? It's like I start building a rocking chair and then make claims about how next I'll design it to throw delivery packages around the world, how I'll build an improved rocking chair that will send (catapult) people to the moon, it will be motorized to enable fast travel with its rocking power! Sounds absolutely ridiculous and more than far fetched? Welcome to Musk world. It's a mystery to anyone that understands anything about absolutely anything, how people can listen to his crazy ramblings. - New York again! During the early covid pandemic, Elon Skum promised NYC ventilators. You know, the big machines you can find for 30,000 euros. What he sent was... some weird sleep apnea boxes you can find on Amazon for a few hundred bucks. And not even new ones but second hands. He put them in boxes, slapped a few Tesla stickers on the boxes, and called it a day. Some people actually fell for that. "Ventilators" XD It's really funny. The people that fell for this are today nowhere to be find, probably they returned to their homes in the sewers to avoid being made fun of. Compare this to british billionaire inventor Sir James Dyson who in 10 days designed a ventilator, sold 10,000 to the UK and donated 5,000 to hospitals with an urgent need. Of course he didn't get much praise as he was a vocal supporter of Brexiters, you probably didn't even hear of it. Elon Musk should take notes, this is what a genius inventor should look like. 10 days. Elon Musk could not even figure out what a ventilator looks like. Man how did this clown send plastic sleep apnea devices? I'm dying 😂 Even I, with 0 medical knowledge, I even quit biology at school at 15, could tell the difference immediately. Elon Musk in his close to 30 years career has only made grandiose promises, has never designed anything legit, and has NEVER EVER delivered. Haha remember when he had a plan to save the kids trapped in a cave? Please tell me this crook crazy ramblings won't turn into a religion. Take the craziest things religions claim. Elon Musk claims are often even crazier, and scientifically less plausible. At least religions did not claim it was reality but magic and the power of god. Musk is saying he's using rational science. And some people believe him 🤦‍♂️.
NASDAQ:TSLA
by MrRenev
12
Coinbase to open at <225, to crash to 150 in coming daysCrypto is crashing, coinbase to go with it. The high sell volume is good for their revenue, but they won't have enough cash to cover, will either have to block outgoing fiat or take harsh loans. Coinbase has already stopped free transfers with nicehash. Coinbase is one of few with easy fiat out, it will have great inflow of crypto but no way to get rid of it for their clients. Why is crypto crashing: Over ran. China, said no more crypto trading. Worlds largest exchange and over half the crypto market is Chinese. Fed is investigating crypto exchanges. Musk agreed it's bad for the environment, stop accepting it, and is likely dumping. There's almost no where to actually spend crypto, and the few place that do take crypto payments for tangible goods, usually use an intermediary, that immediately gives fiat to the seller.
NASDAQ:COINShort
by Chaython
9
Insane price - more than 2 of the largest publishers combined45bn makes it more expensive than Electronic Arts and Ubisoft combined. Look at the market cap! Look at revenue! Don't look at share price! Fundamentals matter, the industry matters, the competition matters! In no way does the fundamentals make sense for the market. Roblox 1.5bn revenue, EA 5.5bn/yr, Ubisoft 1.7bn/yr. Take-Two Interactive Software, Inc with a market cap of 18.984B, has the highest grossing game of all time , some of the greatest IP, many partnerships with sports . 3bn revenue/yr. I explained, Roblox is now a public company, to my brother, and he could buy it with his allowance, and he could be rich if the company gets more players... He plays roblox all the time. He said people will stop playing it in a couple years probably, and it's too hard to setup where as something like minecraft you can just play. A consistent game where you can code stuff, or you can just play. If you're a gamer and you've seen roblox, it's lesser of a game than Garry's mod. Minecraft sold for 2.5bn to Microsoft. Roblox being 45bn makes no sense. It's a single SKU business. At current prices, Roblox is a meme stock for boomers who know nothing about the industry, they just see their grand kids play the game and blind people who think the share price matters... I've seen a penny stock with a market cap of a bn, the company does literally nothing, people just see "oh it's a penny it will go up eventually]. Not looking at the Market Cap. That company just had a 7m share split, the split was 50x 70x 20000x.
NYSE:RBLXShort
by Chaython
26