>S&P500 just keeps pumping and pumpingWhy exactly are we waiting for those gay BTC 4 year cycles when the S&P just never stops climbing?How does that even work btw?
That's not the S&P climbing, it's the dollar falling. As long as the government keeps printing money the S&P will "climb".
>>62719957Thanks Peter.
>>62719957Dxy is 101
>>62719999>DxyThat just the US dollar vs. foreign currencies. Try buying a house for $100k or groceries for $20 and see how far that gets you. It's called inflation.
>>62720085Yeah, i kbow, but i am not murican and i have 20% in stables waiting for the xmas 50k bottom.(1200$ eth)
>>62719918>How does that even work btw?Is this a serious question? The stock market works because it is based on actual tangible industrial output. Goods and services that actually let the world function. It's not always 100% rational, but it is anchored in physical reality. Crypto is completely untethered from any of that and is therefore just random gambling on valueless nonsense. We've been telling you this for decades now.