Second Largest Bank Failure in U.S. History…

[smokingman]

How long before this is like NY in 1976 when no one would buy the bonds regardless of the interest rate offered?

Bump the chart out to all time. We are not yet at 2008 levels,but close.
Edit to change link to one most understand how to use(just click the chart button).

ICE BofAML MOVE Index (^MOVE) Historical Data - Yahoo Finance

Get historical data for the ICE BofAML MOVE Index (^MOVE) on Yahoo Finance. View and download daily, weekly or monthly data to help your investment decisions.

finance.yahoo.com

 

[DoggyDaddy]

How long before this is like NY in 1976 when no one would buy the bonds regardless of the interest rate offered?

Maybe the bitcoin guys will make an offer...

 

[asevans]

 

[Route 45]

My Greenbacks haven't lost 68% of their value since November 2021, though, so I have that going for me, which is nice.

 

[asevans]

You keep your greenbacks and I’ll keep my bitcoin. Let’s see who wins.

 

[Ark]

 

[asevans]

 

[Route 45]

View attachment 263572

Brilliant, simply brilliant! I can't believe that a Wall Street Journal talent scout hasn't picked you up yet.

 

[asevans]

 

[asevans]

 

[ditcherman]

My Greenbacks haven't lost 68% of their value since November 2021, though, so I have that going for me, which is nice.

View attachment 263431

Many people are risk averse and do not care for volatility.
Others see opportunity in volitility.

 

[spencer rifle]

You keep your greenbacks and I’ll keep my bitcoin. Let’s see who wins.

Good luck using either to get my antibiotics and ammo.

 

[Route 45]

Many people are risk averse and do not care for volatility.
Others see opportunity in volitility.

Most people also understand the difference between a legitimate currency and what amounts to an online casino. I made some righteous bucks a couple years back on that silly ass Dogecoin, but I understand it for what it is.

 

[asevans]

Most people also understand the difference between a legitimate currency and what amounts to an online casino. I made some righteous bucks a couple years back on that silly ass Dogecoin, but I understand it for what it is.

Dogecoin and bitcoin are two different things.
Do your research.

 

[Route 45]

Dogecoin and bitcoin are two different things.
Do your research.

Not really. Anything that fluctuates as wildly as these digital tulip bulbs will never be a standard currency.

 

[Nugget]

This chart and the one you posted above it are just spectacular. "If you start on an arbitrary date of my choosing, you'll see that 1 BTC is still equal to 1 BTC, while every other asset class is worth less than it was on that arbitrary date."

I can do that too. Here's a 2yr chart comparing BTC to SPY. During that 2yr period, I also received some dividends from SPY.

 

[Leadeye]

Dodgecoin, it's worth more every year.

 

[jamil]

This chart and the one you posted above it are just spectacular. "If you start on an arbitrary date of my choosing, you'll see that 1 BTC is still equal to 1 BTC, while every other asset class is worth less than it was on that arbitrary date."

I can do that too. Here's a 2yr chart comparing BTC to SPY. During that 2yr period, I also received some dividends from SPY.

View attachment 263752

It doesn't matter. Data isn't going to change anyone's mind.

 

[NyleRN]

 

[ditcherman]

View attachment 263795

I suddenly realize why the lyrics “it’s the end of the world and we know it, and I feel fine” work.

It’s because we have memes.