Recent comments in /f/wallstreetbets

exotic801 t1_jaek4kl wrote

Reply to comment by BossKitten99 in The Fed is yet to catch up to the Taylor Rule estimate by Surlax

Not just ftx, the market in general seems to have a lot of fraud and as of now it seems like it's too easy to magically make money appear(hyperbole).there's also that most stable coins that I know of are backed based on usd or some other currency, which is a problem when talking about cryptocurrency becoming the new global currency.

I also personally dislike the technology and the people leading the charge, I don't think privatized currency would be a good thing for most people, so in my view a govvy run cryptocurrency just seems like worse money.

Feel free to tell me why I'm wrong though, I've done enough research to form opinions but not enough to be sure about them

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hummmduno OP t1_jaek1je wrote

Reply to comment by Fibocrypto in S&P 500 analysis. by hummmduno

Your pattern analysis may be flawed if you are relying on a short and inconclusive pattern. The pattern could be a mere coincidence, so you should ask yourself whether you are following the pattern out of a personal bias or a legitimate reason. It's important to consider whether you can find other patterns that confirm yours. If you can't, your analysis may not be reliable.

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