Down goes the Dow

I don't understand how that is at all pertinent.

I'm talking about projections made on this forum, dating back as far as 8 years ago, how they faired, and how one reconciles the forecasts with the reality of what transpired.

Maybe Igy can discuss here how accurate (or inaccurate) how John Hussman et al. have been with their yearly doomsday predictions. Seems like over the last 15 years they are batting 0-100. Just pathetic.

What is pertinent? I suppose some poster may have lost more money on Beyond Meat than they ever made on Bitcoin.

If you read anything outside your bubble you would know that is not true. And nothing you can say will displace the fact they may right, and all your efforts and time will have been wasted.

Good one, Made me chuckle.

I get it, We aren't going to be held accountable for our projections/forecasts.

Okay, good to know when considering anything said subsequently. Check.

John Hussman has been flat-out wrong for the last 15 years. Maybe Igy can tell us differently. I would love to hear how he has been right. LOL.

Here is a good one from Hussman - I was buckling over laughing ...

John Hussman 2024 Prediction
John Hussman, the president of the Hussman Investment Trust, has made several predictions regarding the stock market in 2024. He has warned of a potential 70% drop in the S&P 500, citing inflated valuations and a lack of market internals as key factors. Hussman's analysis suggests that the market is currently in the midst of a speculative bubble, which, if not managed carefully, could lead to a significant downturn.

How come Hussman never followed up with this prediction in 2024??

I just give my view on things. I take a valuation slant which is opposed to the majority here. At least I am consistent in my views, which remains Bitcoin is a scam, nonsense like all of crypto. If all this money is going into AI, it does make sense that cracking the Bitcoin code is a threat. And if so, it goes to zero, and sinks the entire crypto investment thesis.

I've heard that before about the AI threat to crypto coding. I looked into that briefly and it seems that there are pluses and minuses regarding AI impact on crypto coins and the logic therein seems fairly sound.

But the idea of cracking a code for crypto holds less credibility, however, in that if developed, it would be many years hence (as much as 10 years plus or minus), and would effect world currencies and not just crypto.

It is conjectured that in the near term, AI would enhance certain issues and efficiencies regarding crypto rather than hurt it.

Interesting subject, frankly.

Bitcoin is on autopilot. The assumption is a huge incentive to steal and monetize the code. Chalmath’s view 2-5 years using Quantum computing.

Bitcoin next?

test

I was banned again, for alleged spam.

gente

Sorry to hear that.

Yeah, sorry to hear that as well.

Can't say as I'm too impressed with how things are being run as of late. Just indicative of the BS that's endemic on social media.

I am pretty much just checkign this thread once in a while but otherwise avoiding the site.

Social Security Cola is 2.8% for next year! This will put my wife and I over $72,000 of SS income alone.

Our Social Security is not quite that high. I received our 2026 billing amount for Medicare Supplement Insurance and it is up in excess of 30%.