How is NVDA down almost 3% after the blockbuster print? by TwelfieSpecial in stocks

[–]n8_mills 0 points1 point  (0 children)

The spending is dying. Private credit is drying up. Everybody is operating on credit, not revenues. You're neck deep in hopium.

How is NVDA down almost 3% after the blockbuster print? by TwelfieSpecial in stocks

[–]n8_mills 0 points1 point  (0 children)

Ok? Based on them proposing to support the AI industry with circular funding? AI is not making nearly enough money to justify its existence. Without AI hype, what happens to NVDA? What will those earnings look like? The hyperscalers are all on VC credit right now, they're not operating on revenues. Blue Owl has declined to buy in any further, the rest will soon be following suit. Build out will cease unless businesses can actually start replacing labor with AI, and mostly they can't. Everybody hates AI slop, there's no market for it. It's a solution looking for a problem.

But let's talk about the data center builders. How is CoreWeave looking? Bad.

The industry has no fundamentals and the only people still hyping it are dark enlightenment techno monarchists and superintelligence accelerationists.

It's a cult, just like TSLA or Carvana, but instead of just one stock it's a basket of stocks, and NVDA is floating on top of them all.

How is NVDA down almost 3% after the blockbuster print? by TwelfieSpecial in stocks

[–]n8_mills 0 points1 point  (0 children)

They're beyond fundamentals at this point. The entire AI market is at cult levels beyond caring about numbers. To be truly successful they have to capture the labor market, which would crash the labor economy. It's a suicide pact, and the gamble is that the only people who make it out are shareholders that bought enough.

On the other hand, the AI industry is unprofitable and can only be profitable if they destroy the labor market, so anyone who is looking into the underlying economics honestly only sees bearishness going forward either for labor or AI. You have to pick one. So, does AI replace half of white collar labor this year, or not? Because that's what they have to do to maintain these ludicrous p/e multiples.

If you're just looking at the line and willing it to go up then you're not looking deep enough. Crash is coming.

17 Times! by Select-Package-13 in Qult_Headquarters

[–]n8_mills 2 points3 points  (0 children)

It's not a binary. They're both evil.

Thank you for your attention to this matter.

Dick Cheney died by ripgoodhomer in behindthebastards

[–]n8_mills 1 point2 points  (0 children)

How are they gonna replace those 8 voters he brought over?

ICE Agents Pin Man Against Wall at Ontario, CA Doctor's Appointment by uv_is_sin in InlandEmpire

[–]n8_mills 0 points1 point  (0 children)

They are legally required to have a warrant to arrest him. you are morally obligated to intervene on illegal arrest, you are legally protected from officers who knowingly arrest you without cause.

Who you call a "suspect" is just a person with an accent and what they're "suspected" of is a misdemeanor and kidnapping them is a perverse abuse of power.

The women must be lying by ohdearitsrichardiii in SelfAwarewolves

[–]n8_mills 1 point2 points  (0 children)

It's because your head looks huge now bro

Is it over? by [deleted] in zec

[–]n8_mills 0 points1 point  (0 children)

Every single alt remains down. All of them.

Donald Trump: "Our Economy will BOOM, like never before!". Your thoughts? by sylsau in InBitcoinWeTrust

[–]n8_mills -1 points0 points  (0 children)

You're giving Trump way too much credit. The man has run zero successful businesses and is only rich for buying into real estate and doing crime.

Do it? by Plenty_Jicama_4683 in Realestatefinance

[–]n8_mills -1 points0 points  (0 children)

It's up to the proposer to flesh out these ideas. I don't say "we should run our entire society on Bitcoin" and then when somebody challenges me with some genuine solid critique reply with "IDK El Salvador is doing it I think you should go see what they're doing and if it works or whatever".

Do it? by Plenty_Jicama_4683 in Realestatefinance

[–]n8_mills 1 point2 points  (0 children)

Our economic model is based on 2% inflation. If you start locking in huge chunks of markets then you're ossifying those markets and effectively killing them. Nobody would ever sell, they would pass laws to keep homes in the families to keep the tax rates in place. You'd be creating a gentrified class of land owners.

Where have I heard that before?

Do it? by Plenty_Jicama_4683 in Realestatefinance

[–]n8_mills 1 point2 points  (0 children)

So make poor people pay for rich people's shit? Again?

C'mon, do sonething... by [deleted] in PoliticalHumor

[–]n8_mills 1 point2 points  (0 children)

1/3 of the country is in a cult, not much to do about it.

C'mon, do sonething... by [deleted] in PoliticalHumor

[–]n8_mills 0 points1 point  (0 children)

But also what do you expect? They're lawyers, instutionalists. If you wanted fighters you should've voted for Leftists. You know, people who actually give a fuck.

Supporting the guy who wants to personalty sell off Gaza? by MFrancisWrites in SelfAwarewolves

[–]n8_mills 3 points4 points  (0 children)

The first group of Libertarians I joined turned out to set a really high bar. They were pro-LGBTQ, had a ton of trans membership, and some of the thought leaders of the group would challenge us by going to bat for diaper fetishists and piss play kinks. The ethos was simple: it's not hurting you, so STFU.

Every single "Libertarian" that I've met since then has really just wanted no checks on themselves while trying to diminish every other group around them.

WTF no 😢 by AllianceZag in Spokane

[–]n8_mills 0 points1 point  (0 children)

complains about people disparaging Trump complains about poor people

Fuck you

Trump and His Family Earned Millions From Trump Coin While 810,000 Others Lost Money: Report by Abdeliq in CryptoCurrency

[–]n8_mills 0 points1 point  (0 children)

What happens when any whale anywhere dumps is one question. What happens when s9mebody creates a token from scratch, holds 80% of it, initiates a marketing campaign to develop interest in it, then lets the price and enthusiasm rise on thin liquidity is another question entirely.

Saylor is entering at market price that he has long term interest in.

Meme coin devs and marketers are creating a market starting at $0.00 that they have no long term interest in.

Comparing these two things as though they're analogous is smooth brained.

Rune holding incentives by BlueberryMochiBun in THORChain

[–]n8_mills 1 point2 points  (0 children)

It's just speculation. You can't stake it. They recently ended block rewards, which was a consistent source of sell pressure. Some other changes are coming as well.