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TFM Predicted the Rate Hike and Crash

46 Views • 05/06/22

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Red Pill Satori

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Last week ⁣TFM predicted the 0.5% Fed rate hike, although that's not a big surprise, and the subsequent crypto and NASDAQ crash.

3 Comments

Red Pill Satori 2 years ago

https://i.postimg.cc/nz5604Cv/....Screen-Shot-2022-05-

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Red Pill Satori
2 years ago

I'm glad I sold off a bunch of crypto after they announced the rate hike.

2 years ago

@RedPillSatori: I cashed out last year not long after Bitcoin hit $60K. I missed the peak but, made out O.K. I've learned that the crypto news is full of lies and propaganda to get speculators to buy out the Big Boys before it crashes. I'd love to see all crypto destroyed.

Red Pill Satori
2 years ago

@InfiniteMushroom: Nice! ..I had a bunch of Dogecoin I accumulated years ago when it was worthless, but totally forgot about it until I came across the wallet address, by accident, but by the time I go it out of the wallet and sold it on an exchange, the crash had already happened, but still made out pretty well.

2 years ago

Last year, I was listening to some John McAfee stuff on JewTube and he gave a somber warning about crypto and how useless it really is. If crypto cannot do what it was intended to do, that being a decentralized form of exchange that is easy to use and anonymous, then it's worthless. Crypto must have utility or it's parasitic. Crypto has been turned into a Jews' Paradise of digital speculation and the Greater Fool Theory taken to levels exceeding the South Seas Tulip Bubble of the early 1700's.

When McAffee was alive, he said the ONLY crypto that has any utility at all is Monero. Why? It was completely unbreakable and anonymous. Yet, Monero is not easy for noobs to use and the biggest user-friendly exchanges will not handle it.

Red Pill Satori
2 years ago

Yep. All of the Libertarian arguments (that I used to make for crypto myself) no longer apply to any of them, except for maybe Monero. They're not anonymous. They are completely regulated. The are tracked. The transaction fees are too high for them to be a feasible currency alternative. I could go on and on

Darthtickles
2 years ago

bitcoin trades on a > 0.6 correlation with the nasdaq, and we all know where that is going

i think blockchain technology will be everywhere (if we dont nuke ourselves first), but all existing coins will be worth zero. that said, crypto has at least one more good pump left in it, so ill be buying some at the bottom again

2 years ago

IMO, the halo of crypto is gone. I saw the writing on the wall and bailed out last year after Bitcoin peaked at $60K. The crypto press was banging hard at $100K Bitcoin but, I heard the late John McAfee's comments on crypto just before he was murdered. I bailed out and I'm glad I did. I'm just not seeing the same enthusiasm any more because people have figured it out.

Red Pill Satori
2 years ago

For sure! The blockchain technology has a lot of potential, and I love real-world applications of it (like Odyssey), but cryptos are hyped-up and over-bought, even if we weren't in an economic crisis.

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