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Itas Taka

Joined: 19/03/20


Comments by Itas Taka
Gold Dec 01, 2021 7:14
Gold really requires patience lol ! I guess, it's waiting for bitcoin to touch 100K before breaking channel ! Meanwhile top for current swing may be 1870
Bitcoin Dec 01, 2021 6:52
Yep, it looks like scared investors are heading into crypto and NOT Gold this time ! This must be so frustrating to FED cause JPowell cannot (yet) smash crypto prices like they do with Gold ! Crypto may start with a dip then reverse and to go ballistic when actions of FED makes stocks start to head lower ! I that happens then, my quick back of napkin calculation,,, about $50 billion injection in crypto at the start of wave,, then about $400-600 billion in massive 2nd wave, to make crypto prices go crazy enough to REALLY threaten financial systems!
Bitcoin Dec 01, 2021 6:02
sorry man, but i was in the land of dreams ! I had trend lines bouncing off 4550 support and heading to 5K ! However, our money manager said recent trend reconfirms his recent move to dividend paying stocks  (he cannot keep in cash in trusts above limit)
Bitcoin Nov 30, 2021 18:58
 ,, so no one cares threats to my life !!?? Market is a heartless b*tch  ;) ,, so no one cares threats to my life !!?? Market is a heartless b*tch  ;)
Bitcoin Nov 30, 2021 16:57
Still Zero deaths due to Omicron and only mild symptoms ! Seems this virus is the best news yet ! It's going to rid the world from covid !
Gold Nov 30, 2021 16:01
Gold almost touching the floor 1760 !
Bitcoin Nov 30, 2021 13:58
For information of BTC holders reading this and not experienced in CME Gold dealings ! The financial power of CME/JPM can be gauged when you see the entire ANNUAL GLOBAL PRODUCTION of gold is shorted in UNDER 7 minutes (estimated market value $120 billion) using paper gold (GLD) ! SEC said nothing, no one said nothing ! THAT might be the fate of BTC if CME starts controlling BTC prices using derivatives ! FED HATES BTC, so don't think SEC will enforce any rule that helps retail if Whales in Chicago start making moves
Bitcoin Nov 30, 2021 13:26
 ,, I am not so sure ! Last time (2020) about 250 billion (not exact) moved into Gold and miners but JPM/CME kept smashing prices down whenever prices went up ! However, physical gold as NOT available at those low prices and I paid 15-25% premium to get some physical ! Eventually gold prices broke and JPM/CME eased off price manipulation! Very unpleasant experience ! This time cryptos like SOL, AVAX etc are totally free, though CME/JPM seem to be in initial process of capturing BTC and ETH with paper crypto ! So instead of Gold, crypto may be better bet to park cash and beat inflation this time ! Not sure though ,, I am not so sure ! Last time (2020) about 250 billion (not exact) moved into Gold and miners but JPM/CME kept smashing prices down whenever prices went up ! However, physical gold as NOT available at those low prices and I paid 15-25% premium to get some physical ! Eventually gold prices broke and JPM/CME eased off price manipulation! Very unpleasant experience ! This time cryptos like SOL, AVAX etc are totally free, though CME/JPM seem to be in initial process of capturing BTC and ETH with paper crypto ! So instead of Gold, crypto may be better bet to park cash and beat inflation this time ! Not sure though
Bitcoin Nov 30, 2021 12:36
It's soo tough for me to believe FED ! Since 1997-98 they have fooled us by saying, increase in interest rates (to normal 5% levels) is next,,,, but they NEVER increase interest rates and just book their places in hell
Bitcoin Nov 30, 2021 12:29
over $5Trillion is now sitting in money market funds and  FED appears ready to shut down remaining markets too ! I think, this money might just flow into crypto this time (instead of gold) while investors wait for the bottom in S&P
S&P 500 Futures Nov 30, 2021 12:01
 ,, lol,, FED heard you ! FED talking down inflation by saying the word 'Taper' and down goes every market in the hole ! Virus is no longer the issue ! Question is, will the FED crawl back with 'sorry sorry ,, I did not mean it' ,,, or will they show some guts like China is showing (in their real estate) ,, lol,, FED heard you ! FED talking down inflation by saying the word 'Taper' and down goes every market in the hole ! Virus is no longer the issue ! Question is, will the FED crawl back with 'sorry sorry ,, I did not mean it' ,,, or will they show some guts like China is showing (in their real estate)
Bitcoin Nov 30, 2021 11:55
 ,, ya,, Everything on sale after Powell mentioned 'Taper' ! Seems virus is already a non-issue and we are back to FED talking down inflation ,, ya,, Everything on sale after Powell mentioned 'Taper' ! Seems virus is already a non-issue and we are back to FED talking down inflation
Bitcoin Nov 30, 2021 10:50
Calm down man ! No need to panic ! Infact BTC is showing signs of breaking upwards and small pullbacks are health
S&P 500 Futures Nov 30, 2021 10:21
 ,, cannot fight the FED monkeys with sane logic and monkeys are in driving seat since 1997 ! ,, cannot fight the FED monkeys with sane logic and monkeys are in driving seat since 1997 !
Bitcoin Nov 30, 2021 9:51
 ,, It's a cycle so BTC turn would come ! I do however believe utility coins (ETH, SOL, AVAX) will outcompete hype coins (BTC) over time but that time has not yet come ,, It's a cycle so BTC turn would come ! I do however believe utility coins (ETH, SOL, AVAX) will outcompete hype coins (BTC) over time but that time has not yet come
Bitcoin Nov 30, 2021 9:46
 ,, While i take pot shots at China's non-cooperation with investigations, however seriously, this mutation seems to have originated in a person being treated for AIDS ! AIDS virus too mutates at higher rate and the treatment is to accelerate this mutation rate even higher so that virus changes it's structure completely and falls apart in doing any of it's normal functions! So high mutation are potentially GOOD NEWS ! This might be the end of Covid BUT MEDIA IS NOT TALKING of this point and pushing VAX VAX take MORE VAX ,, While i take pot shots at China's non-cooperation with investigations, however seriously, this mutation seems to have originated in a person being treated for AIDS ! AIDS virus too mutates at higher rate and the treatment is to accelerate this mutation rate even higher so that virus changes it's structure completely and falls apart in doing any of it's normal functions! So high mutation are potentially GOOD NEWS ! This might be the end of Covid BUT MEDIA IS NOT TALKING of this point and pushing VAX VAX take MORE VAX
S&P 500 Futures Nov 30, 2021 9:02
Aww,,, come on guys,, it pays to be optimistic ! If we have some positivity here then S&P may end Nov with green candle
Bitcoin Nov 30, 2021 8:57
ETH already on the run ! BTC might follow soon
Bitcoin Nov 30, 2021 7:48
If death rate had gone up, we would have known it by now
Bitcoin Nov 30, 2021 7:47
BTC going up ! Has media reported that those 30 mutations in spike protein of this mutant virus has made it less deadly? I guess , this improved probability of 70-75K for year end
S&P 500 Futures Nov 30, 2021 6:57
When media is not reporting the mortality rate of Omicron, todays large red candle seems overreaction! With over 40 mutations out of which over 30 in spike protein itself, this variant would be expected to have significant difference in death rates ! If no one has died of this variant till now, then it may be time to consider that its mortality rate may have  swung to the other side of the scale !  Also, with FED Money Monkeys still working overtime, the bears may want to take caution
Bitcoin Nov 29, 2021 17:45
 ,, Ya, we really need to close over 61,3K in 24 hours to keep bears away ! However, IMO it pays to remain positive and trust FEDs mo money mo money ,, Ya, we really need to close over 61,3K in 24 hours to keep bears away ! However, IMO it pays to remain positive and trust FEDs mo money mo money
Bitcoin Nov 29, 2021 17:40
Wow,,Just like Google,Microsoft,mastercrd, etc, it seems, Twitter's new chief is of Indian origin too ! Note, that is how you take over a company (country) and still keep shareholders (netizens) happy ! One country needs to take lessons
Bitcoin Nov 29, 2021 15:03
See the three dots to the right of my name? Click them and block me ! Almost everyone here has done it already ! I would do it too but it doesn't work on self :))
Bitcoin Nov 29, 2021 14:39
Ok OK,, I am too harsh,, but really, I was waitingto enjoy naming the Xi variant ! So, It was annoying to see WHO skip Nu and Xi and go directly to Omicron