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November 24, 2020
Published by Kuppy at November 24, 2020
Since many of you are sick of hearing about Bitcoin, I promise this is my last post on the topic for a while. That said, I’d be remiss if I didn’t point out the unusually lucrative arbitrage trade that is largely responsible for sending Bitcoin parabolic. I glossed over it in my last post and given the questions that I’ve received, a full post
Read MorePositions Mentioned: GBTC
November 16, 2020
Published by Kuppy at November 16, 2020
People frequently point to Bitcoin having a globally distributed ledger. That may be an interesting attribute, but to me, it’s a globally distributed Ponzi Scheme. It’s amazing to watch as thousands of people pump Bitcoin across all nature of platforms. These people may not know each other and they may even dislike each other, but they’re all united in pumping Bitcoin higher. It truly
Read MorePositions Mentioned: GBTC
July 28, 2020
Published by Kuppy at July 28, 2020
Let’s set some ground rules here. As far as I’m concerned, Bitcoin is a Ponzi Scheme. If you think Bitcoin is the future of money, a store of value or any other nonsense, I’m not going to disagree with you. Every good scam needs vocal and loyal apostles. Go out and spread the gospel—you have my support as I’m long. In my mind, Bitcoin
Read MorePositions Mentioned: GBTC
October 2, 2019
Published by Kuppy at October 2, 2019
It is something of a tradition amongst market commentators to make bold stock market calls because they gain you notoriety if you get it right. Over here at AiC, I don’t particularly care what people think. I’m here to make money—that’s it. Therefore, I’ve refrained from big market calls—particularly as I have no real edge in guessing where an index of a few hundred
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July 4, 2018
Published by Kuppy at July 4, 2018
I originally started following Tesla (TSLA – USA) as I felt it was a structurally unprofitable business nearing a cash crunch as hundreds of competing products were about to enter the market. As I’ve studied Tesla more closely, I’ve come to realize that Elon Musk appears to be running a Ponzi Scheme disguised as an auto-manufacturer; where he has to keep unveiling new products,
Read MorePositions Mentioned: TSLA
Getting Ready For The Stock Market Crash…