United transfers free cash to Bitcoin.
#11
Gets Weekends Off
Joined APC: Jan 2011
Position: A Nobody
Posts: 1,559
This reminds me of the brilliant move a United Exec made when Southwest was hedging fuel and making big money. The United Exec jumped in and immediately lost about 1.7 billion dollars.
Of course this time Bitcoin is different, as it always is.
Of course this time Bitcoin is different, as it always is.
#12
Gets Weekends Off
Thread Starter
Joined APC: Mar 2015
Posts: 963
It's a new kind of asset. A new industry. Same same. Don't invest in oil in 1860. It's gonna crash like beanie babies. There's nothing new under the sun, boy. I've been investing since 1820 and I'm telling you oil is all hype.
#13
#14
Gets Weekends Off
Joined APC: Nov 2020
Posts: 1,920
https://www.history.com/.image/c_lim...index1svg.webp
#15
If you really want some doom and gloom with your morning coffee, read up up on the Greenspan Put, and all those that followed:
https://en.wikipedia.org/wiki/Greenspan_put
The whole system is ultimately all just one big house of cards.
https://en.wikipedia.org/wiki/Greenspan_put
The whole system is ultimately all just one big house of cards.
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