Today there was an attempt of a recovery on ETF approval news: Grayscale’s Court Win Over SEC Lifts Hopes for Bitcoin ETF Approval. A lot of people misinterpreted this to mean an ETF would be approved. Noooope. It doesn’t really change anything. Rejection is still on the table. This article from Reuters sums up the… Continue reading BTC getting ready to dump again, ETF approval still a longshot

It is too bad to see Compact Magazine, which originally intellectually positioned itself as an alternative to the mainstream, succumb mainstream labels such as ‘racism’ or ‘eugenics’ as substitutes for the debate of ideas . A recent article Against the Eugenicons, by Michael Lind, comes off as virtue signaling and a character attack against someone… Continue reading Compact Magazine vs ‘the Eugenicons’

The hype over BRICs has always been stupid and does not threaten the US dollar or US economy hegemony or deserve as much hype as it has gotten. According to wiki: BRICs is a grouping of the world economies of Brazil, Russia, India, China, and South Africa formed by the 2010 addition of South Africa… Continue reading BRICs has always been a joke

I saw this video by Marcel Gautreau, who argues that prisons ‘do not work’, are inhumane, and advocates for something better, like corporal punishment: I came across Mr. Gautreau a few weeks ago when one of his articles went viral. He is a PhD candidate at George Mason University, and runs a Substack blog, Dispatches… Continue reading Corporal punishment is not a good deterrent, and is a poor substitute for prisons

After a brief attempt at a reprieve yesterday, the death spiral resumes: That is why I don’t sweat it, cuz gains never hold in the world of crypto, in which whoever loses the least amount of money is the biggest winner. If you broke even on your crypto investment, consider yourself among the lucky few.… Continue reading Crypto crash resumes: The future is not crypto, but instead big tech companies

1. The crypto crash continues exactly as I said last week it would play out. There is no bounce after the initial crash to $26k…just a gradual slide lower, to $10k or wherever the eventual bottom is. As shown in the screenshot below of the past five days, no bounce at all: When the death… Continue reading The Daily View: 8/22/2013

This week Elon has managed to piss off both sides of the aisle, first ‘the right’ by his proposal to disable the Twitter block button, which led to a public spat with the 180 IQ James Woods [1], and then ‘the left’ by throttling traffic to websites he personally dislikes, such as Reuters and the… Continue reading Elon calls the shots

Bitcoin now crashed to $26,300 (make that $25,700 as of hitting the publish button), which is even lower than I was expecting, and so soon: JUST IN: #Bitcoin falls under $26,000. pic.twitter.com/jReavH7d2f — Watcher.Guru (@WatcherGuru) August 17, 2023 The forecast couldn’t have gone better. The price imploded in the hours after making my post yesterday,… Continue reading Crypto meltdown, ESP, Veritasium IQ video

Bitcoin keeps falling, and is considerably lower than the screenshot I took weeks ago when at 30,900: And now at 28500 (and 28300 as of hitting publish): Out of hundreds of people posting financial analysis about Bitcoin online, my analysis was the correct one by using the compression/sloppiness pattern described earlier and which I devised.… Continue reading bitcoin crashed again: score one for me

Some psycholophaster went after my critique of IQ… proving my point that it is a measure of unintelligence, not intelligence.Simply, things that work in the negative domain must not be applied to the positive domain. pic.twitter.com/AGc472ZP4r — Nassim Nicholas Taleb (@nntaleb) August 14, 2023 A “psycholophaster,” or in other words, someone who is right. If… Continue reading IQ is not just predictive at the low-end