Orangejus
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This is not a bad decision by the Chinese government. Monopolies are very bad for the consumer.
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I think the regulators will be regretting this ill-considered criterion. 1 million isn’t much for a platform company…
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Covid vaccine + infrastructure bill. I think the market will be fine….
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Oh this is quite interesting… everyone will be looking to see how this fares in a real world economy…. Bitcoin bulls should be boosted for the next month or so. Aunty Cathy will also be quite happywith this news… =)
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Railroad stocks…. Don’t say bojio..
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Good man!
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I’m wondering what kind of monthly ROI is considered decent if one trades on daily basis? Any inputs?
Look for the potential monopoly players as the market consolidates!
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Singapore shares are like Singaporeans, ultra conservative….
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Actually the real worry is the tax increase, and also possible anti-monopoly plays by Congress…
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Damn… should have held =p
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Buy in may and go away!
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A ‘store of value’ with nothing to hold it up. How many will have the hands to hold it when it stops growing? Capital will always chase yield, so if there’s is no reliable yield, and nothing to benchmark the value of the currency against, who will hold the bags?
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Risky play, the hunt for yield…
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Cryptocurrencies have been a real boon in slowing the inflation of assets. Costs nothing, worth nothing, but it has been a very useful buffer for the economy. Forget the empty promises of DeFi andsmart contracts, they are currently insufficiently optimised to replace the real world instruments they are supposed to substitute. Now that the Fed has announced planned tapering of the money supply, this is as good as it gets for crypto, for now. It will pop again to buffer the next QE session though, so HODL at your own opportunity cost!
This is like saying Samsung will beat out Apple…
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You do not take into account the economic expansion enabled by the rapid development of technology. The novel markets and industries generated by technology with provide the support structure for the increased money supply/inflation. Counterintuitively, increased inflation has actually madethe establishment and development of these newmarkets cheaper than it would have been without.
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Safe yields are in stable companies with good dividends, which can raise prices in tandem with inflation. Let’s play a guessing game! No it’s not AMC or GME….
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No more Fed money to prop up. Time to fold andfind greener pastures!
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China has a domestic market that dwarfs the US and EU combined, of course it’s gonna rise!
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