For students of financial history, the frequent issuance of Convertible Bonds is a major red flag.

Source: https://citizenwatchreport.com/for-students-of-financial-history-the-frequent-issuance-of-convertible-bonds-is-a-major-red-flag-cryptos-inflated-market-value-is-largely-fuggazi/
Published: Dec 3, 2024
Author: Horse
Post Date: 2024-12-03 07:53:21 by Horse
Views: 237

Crypto’s inflated market value is largely fuggazi.

Serial Convertible Bond Issuers

SunEdison*

Chesapeake Energy

Molycorp*

Lehman*

iStar Financial*

Calpine*

Fannie Freddie*

Enron*

Tyco*

Adelphia*

Six Flags*

eToys*

Avaya*

Worldcom*

Tesla

* went bankrupt

H/T: @Convertbond

Tether is injecting billions of dollars into crypto, printed out of thin air, fueling a final bull run before DOJ lawsuits and stablecoin regulations take effect next year.

Let’s be honest—none of this growth is driven by genuine demand from ETFs or institutions. It’s 80% Tether, followed by 20% FOMO. In this all-encompassing crypto bubble, even the most outrageous shit coins are seeing massive surges.

History teaches us that peaks are often followed by brutal crashes and multi-year bear markets. Buying now at all-time highs means trading on emotion—and more than likely, facing significant losses. Don’t forget this.

Feeling tempted to FOMO? You need to step away from the charts, find a new hobby, and wait it out. Patience always beats emotion in the long run.

While every other crypto page is urging you to take out loans and go all in, I genuinely care about my followers and offer a contrarian yet realistic approach. The market is almost entirely fuggazi, and while bull markets often make people forget that, you need to remember: the true market value isn’t even worth 5% of its current valuation.

Post Comment   Private Reply

#1: Horse    To: All (#0)

https://citizenwatchreport.com/us-transfers-1-9b-bitcoin-likely-preparing-assets-for-auction-or-liquidation/

US transfers $1.9B Bitcoin, likely preparing assets for auction or liquidation.

Horse posted on 2024-12-03 07:53:54   Reply   Private Reply