The bailout class awaits pedophile-assisted tax cuts, while the middle class awaits a rate hike.
Any questions?
ZH: BitCasino Is Officially History's Biggest Bubble aka. "Store of Value"
Bitcoin prices have again more than doubled since the last update, and "its price has now gone up over 17 times this year, 64 times over the last three years and superseded that of the Dutch Tulip’s climb over the same time frame."
Bitcoin of course is the original and oldest Cryptocurrency which is what accords it the mantle of world's largest bubble.
That said, year-to-date, Ethereum just blew the doors off of Bitcoin (again), in the past 24 hours:
Year-to-date % change
Ethereum: 7400%
Bitcoin: 1650%
As a reminder, these two competing bubbles have peaked at the exact same time twice in the past year. I'm sure this time they will both keep going to infinity together. Or not...
Shorter-term, Litecoin beats both of those with a ~400% return in three days:
And "The Crypto Company" beats all comers with a ~3,000% return in ~three days:
Which gets us back to the 'other' casino. The big one.
The Dow and S&P both just eked out new record intra-day highs. So far unconfirmed by the Nasdaq/100 and Russell small cap. Also unconfirmed by every other stock market on the planet.
All of which means that the party of one, is ending
