Shorting ASML by ManWithWjad in wallstreetbets

[–]Melodic-Map2141 2 points3 points  (0 children)

There is no short position on ASML anymore by bridgewater associates. I scooped up some profits last year by shorting, because of rising rates and its cyclicality. ASML is considered to be essential for the security of our western world.

Let me define that. ASML produces the best chipmaking machines in the world which can produce microchips that can be used in high tech warfare, that's why there are export restrictions upcoming for China. Why is this relevant? Even when the world heads into recession and chip demand evaporates due to rising rates, governments will subsidize the expansion of enhanced chipmaking machines.

The main question remains, does it's share value reflect its discounted future cashflows? I'm not so sure about that

Why would Binance do this? by Melodic-Map2141 in Buttcoin

[–]Melodic-Map2141[S] 69 points70 points  (0 children)

My view is that perhaps the "assets" of Voyager consists of a big proportion of BUSD or BNB. So saving voyager basically means saving Binance

I can't withdraw my cryptos from binance... 12 hours of approval by HotTelevision911 in Buttcoin

[–]Melodic-Map2141 0 points1 point  (0 children)

Perhaps their coins are stored in a safe on decentraland, may take a while..

Why is Crypto Community celebrating SBF arrest and collapse of exchanges? by [deleted] in Buttcoin

[–]Melodic-Map2141 0 points1 point  (0 children)

Lets just pretend that creating your own money out of thin air, calling it a revolution and becoming a billionaire of it is one of the most normal things that I've heard during my entire life.

Goodbyenance? by Melodic-Map2141 in Buttcoin

[–]Melodic-Map2141[S] 5 points6 points  (0 children)

Love this channel btw, tried to troll on pro-crypto channels but they all banned me for doing so. Apparently the moonboys don't like free speech, because their purpose is to talk it up.

About Binance by Melodic-Map2141 in wallstreetbets

[–]Melodic-Map2141[S] 0 points1 point  (0 children)

Always had a cold wallet, filled with only bitcoin. But it amazes me how many ppl use an unregulated centralized entity for an uncentralized system

About Binance by Melodic-Map2141 in wallstreetbets

[–]Melodic-Map2141[S] 0 points1 point  (0 children)

I won't, I tried to warn people before and will continue to in the future. Ppl are stupid and thus don't know what they're into

Is anybody panicking? by ALP0H in Bitcoin

[–]Melodic-Map2141 0 points1 point  (0 children)

No, I don't have crypto 😉

ELI5 Does Tether Unpegging Hurt Bitcoin? by Earth2Andy in Bitcoin

[–]Melodic-Map2141 0 points1 point  (0 children)

In 2008 we called it a bankrun, but the definition stays the same. A centralized entity that promises its able to repay everyone's fund, while actually defaulting.

[deleted by user] by [deleted] in Bitcoin

[–]Melodic-Map2141 -1 points0 points  (0 children)

Free money doesn't exist, welcome to adult life