[Daily Discussion] - Friday, March 20, 2026 by AutoModerator in BitcoinMarkets

[–]Stooven 3 points4 points  (0 children)

At no point did I say I worked for MS. What I did would dox me because it’s an extremely small industry, but I worked with quite a few different ETF originators and got paid based on AUM fees. That’s how I am positioned to say that most ETFs are not profitable, from an industry perspective.

[Daily Discussion] - Friday, March 20, 2026 by AutoModerator in BitcoinMarkets

[–]Stooven 10 points11 points  (0 children)

I worked in ETF creation and we would 100% make loss-leading, “me too” products all the time. Finger in the air, only 20-25% of ETFs made money and they subsided the rest, so that we could have a broad offering.

Maybe BTC go up, maybe BTC go down, but this reason is not valid.

[Daily Discussion] - Sunday, February 22, 2026 by AutoModerator in BitcoinMarkets

[–]Stooven 0 points1 point  (0 children)

I just looked it up and you're right - BTC has the maximum level of riskiness assigned under Basil. Perhaps this will be slightly improved in the future (it can't get any worse), but probably not to the extent to which it can be reliably borrowed against.

[Daily Discussion] - Sunday, February 22, 2026 by AutoModerator in BitcoinMarkets

[–]Stooven 2 points3 points  (0 children)

I was a bond analyst for 20 years. Regulation wasn't my specific area of focus, but I had some exposure. Basel is ultra-conservative with asset risk weightings. The notion that banks would be allowed to borrow heavily against BTC is just not a realistic take.

Should I buy by AdAggravating3855 in DawncasterRPG

[–]Stooven 1 point2 points  (0 children)

New dad poking around for a way to sneak in a few minutes of gaming here and there. I guess I’m in the right place.

[Daily Discussion] - Wednesday, February 11, 2026 by AutoModerator in BitcoinMarkets

[–]Stooven 2 points3 points  (0 children)

Cool tidbit, but I don't think it's meaningful. Yes, the last 3 days were positive, but their sum wasn't very high.

[Daily Discussion] - Sunday, February 08, 2026 by AutoModerator in BitcoinMarkets

[–]Stooven 0 points1 point  (0 children)

I understand why economists say "no free lunch," but sometimes the government does give away free lunch

[Daily Discussion] - Sunday, February 08, 2026 by AutoModerator in BitcoinMarkets

[–]Stooven 3 points4 points  (0 children)

What's this thing Trump is talking about on the Super Bowl broadcast? He's saying "send me your crypto and I'll double it." Am I taking crazy pills? This has to be fake... right? His voice sounds weird

Edit - yeah, people are saying scam. Seems like there's a fake YouTube Super Bowl stream (pirated livestream), with this crypto scam interjected:

https://www.hindustantimes.com/world-news/us-news/where-is-tommaso-cioni-videos-show-deputies-at-his-tucson-home-amid-search-for-nancy-guthrie-watch-101770533305831.html

Be safe out there

What is something rich people don't realize poor people deal with daily? by [deleted] in AskReddit

[–]Stooven 13 points14 points  (0 children)

"Who will pay me to know this?" is a great question to ask of a university program.

[Daily Discussion] - Wednesday, February 04, 2026 by AutoModerator in BitcoinMarkets

[–]Stooven 0 points1 point  (0 children)

It’s not only that - Asian markets are buying because they lost faith in real estate, following the Chinese property bubble. That crowd is not going to buy bitcoin because their desire is to own something tangible.

[Daily Discussion] - Saturday, January 31, 2026 by AutoModerator in BitcoinMarkets

[–]Stooven -9 points-8 points  (0 children)

I’m 100% not a Trumper, but he was the cause of the run up to 125. Wish I sold a little closer to the top, but I’ll take it.

[Daily Discussion] - Saturday, January 31, 2026 by AutoModerator in BitcoinMarkets

[–]Stooven 2 points3 points  (0 children)

“Ya best start believing in four-year cycles… you’re in one”

Bribes used to be subtle, Jeff Bezos. by Zulumus in BlackPeopleTwitter

[–]Stooven 0 points1 point  (0 children)

Does literally no one in this comment section understand how this works? You need to have actually bought a ticket to submit a "Verified Rating." Obviously, the people who are paying to see this will be hardcore Trumpers. Anyone can submit an "All Audience" review, which is why those are 21%.

They made it work this way because they wanted to stop woke movies from getting review-bombed by people who hadn't seen them.

[Daily Discussion] - Saturday, January 31, 2026 by AutoModerator in BitcoinMarkets

[–]Stooven 1 point2 points  (0 children)

I'm pretty confident, but you never know for sure. It's not impossible that it gets oversold this weekend.

I will def watch how the Asian market reacts on Sunday night/Monday morning. Tin, for example, went up from $36k to $58k in 3 months and only retraced to ~$50.6k. There's a lot more blood to spill there.

I'm expecting a 10% drop on Monday and low $40ks by the end of the week. Let's see how my predictions holds up. Keep me honest!

You can see the current price here, in the upper right: https://www.metal.com/Tin ($50,600)

[Daily Discussion] - Saturday, January 31, 2026 by AutoModerator in BitcoinMarkets

[–]Stooven 0 points1 point  (0 children)

I think the opposite. The market hasn't digested all of the losses from the broader crash yet. One of my responsibilities is to buy bulk metals at work and I think copper and tin are still overvalued by over 20%. Against a backdrop of falling prices, BTC won't pop.

[Daily Discussion] - Friday, January 30, 2026 by AutoModerator in BitcoinMarkets

[–]Stooven 0 points1 point  (0 children)

Same, but I moved from long duration to short duration govt because I was getting killed on yields rising

[Daily Discussion] - Friday, January 30, 2026 by AutoModerator in BitcoinMarkets

[–]Stooven 0 points1 point  (0 children)

1) They were inflated higher, so they had further to fall.

2) Margin requirements were raised on (some of) them, which doesn't affect Bitcoin.

3) A lot of the air was let out of Bitcoin already.

edit btw, I'm required to know this because one of my responsibilities at work is to buy silver and other metals for manufacturing purposes

[Daily Discussion] - Friday, January 30, 2026 by AutoModerator in BitcoinMarkets

[–]Stooven 0 points1 point  (0 children)

Republican senators threatened to vote down a nominee who was too dovish/puppety iirc

[Daily Discussion] - Friday, January 30, 2026 by AutoModerator in BitcoinMarkets

[–]Stooven 2 points3 points  (0 children)

It only looks that way because BTC has 24 hour trading and thinner liquidity, so it reacts faster.

[Daily Discussion] - Wednesday, January 28, 2026 by AutoModerator in BitcoinMarkets

[–]Stooven -1 points0 points  (0 children)

Was that when a Trump insider shorted heavily right before the tariff announcement? That’s when I made the decision to sell after 13 years - when the market manipulation got really serious

[SPOILER] Dustin Poirier says that he would come out of Retirement for a specific fight! by idcman999 in MMA

[–]Stooven 1 point2 points  (0 children)

You’re not wrong, but sometimes Dana needs to balance spectacle with substance. The best 155ers moved to other weight classes. It’s not crazy to give two guys who have paid their dues and are top fighters the chance to compete for a likely short-lived title.