Live data from Hacker News

A Small Fintech Stock Surged 2,400% After Announcing It’s a Crypto Company

bloomberg.com

11–20 of 66 posts

Re: A Small Fintech Stock Surged 2,400% After Announcing It’s a Crypto Company

#12
post #5

Earlier quoted context omitted.

Could you expand on your thoughts for Trump trying to bring everything back home? Genuinely curious what your thoughts are and not from a political stand point :) Thanks.

It gets him votes, part of the "make 'merica great again" propaganda. In other news, he and his relatives will continue to outsource where ever they can.

I picture you hitting reply, leaning back in your computer chair thinking, "that oughta open their eyes."

Re: A Small Fintech Stock Surged 2,400% After Announcing It’s a Crypto Company

#14
post #4
post #2

Bubble?

Continuous QE spilled in everything else, assets, stocks, latest is crypto. At some point, math kicks in and it will have to reset. Coincidentally, why else do you think Trump is trying to bring everything back home? Note: I am not from the USA and am not trying to start a political argument here. It's merely a macroeconomy observation.

Crypto is not 'Murican bubble, its global to an extent, and has massive footprint in Europe and Asia (esp. East Asia).

Re: A Small Fintech Stock Surged 2,400% After Announcing It’s a Crypto Company

#15
post #5

Earlier quoted context omitted.

Could you expand on your thoughts for Trump trying to bring everything back home? Genuinely curious what your thoughts are and not from a political stand point :) Thanks.

It gets him votes, part of the "make 'merica great again" propaganda. In other news, he and his relatives will continue to outsource where ever they can.

I realize you aren't OP but I do understand the "making America great again" getting him votes by saying he's bringing back jobs. However, that's a political response that deflects from the real issues at hand.

What I am curious about is the quantitative easing we witnessed due to the 2008 Financial & Housing crisis and how that is being handled both in the economy and the governments around the world. The Fed interest rate is still at a historic low having just recently bumped to 1.5% [1]. For instance one of the view points I've heard is that Trump is trying to deregulate as much as possible in order to avoid the economy crashing. Maybe that a makes a correction from QE worse in the future. Maybe Trump is indeed just trying to siphon as much money/tax breaks as possible but I'm curious about the macro economics currently in play from different world viewpoints.

[1] - https://tradingeconomics.com/united-states/interest-rate

Re: A Small Fintech Stock Surged 2,400% After Announcing It’s a Crypto Company

#16

Well I see bitcoin talks by instagram models saying they are bitcoin gurus now too. I'm inclined to think bitcoin is a bubble, but cryptotech is the future.

Can you share some links please? I'm morbidly curious.

Re: A Small Fintech Stock Surged 2,400% After Announcing It’s a Crypto Company

#18

Well I see bitcoin talks by instagram models saying they are bitcoin gurus now too. I'm inclined to think bitcoin is a bubble, but cryptotech is the future.

What do you mean when you say cryptotech?

"blockchain, et al"

Re: A Small Fintech Stock Surged 2,400% After Announcing It’s a Crypto Company

#20
It's not about the crypto for me.It's about the technology behind them that excites me. Blockchain is definitely worth the hype in my opinion. Reading this article got me even more excited on the applications of blockchain:

https://passivetalks.com/the-top-venture-funded-blockchain-t...

Post reply on HN