MrRenev

MrRenev Updated 

The USDOLLAR is continuing its road to zero and ignorant bitcoin "investors" and "experts" have no clue what the real reason for their magic beans going up is. Bitcoin is behaving pretty predictably. In the details can't tell if the price stays around 20k for long, or keeps going up, going to depend on how fast the USD falls. Depends how excited the crypto...

MrRenev

What currencies are being traded in what percentage, what pairs, where are traders located, and more. Total daily volume in April 2019 was 6.6 billion usd. From the 2019 BIS triennial survey www.bis.org

MrRenev Updated 

Hey, got a few thoughts about stupidity. I want to make an idea about logic too which is something I guess few people have, but it is eliminatory. For the idea about logic you'll have to wait. Here I will gloat about some very easy calls people disagreed with and have now been proven right, and I will also shame dumb people. Ah the sweet smell of victory. Now...

MrRenev

I do not know anyone in any field that is successful by doing everything. The average hedge fund is diversified, sure, but first of all they start in 1 area then diversify by learning more and hiring people, and second they underperform, they diversify to reassure investors but this is bad. You'll sometimes see them on tv acting knowledgeable. They are not high...

MrRenev Updated 

> Conspiracy nuts right again: Government geothermal plant has been causing earthquakes in France *********************** "OMG the government experiments are creating earthquakes" "Shut up you stupid conspiracy theorist put back your tinfoil hat" Well this did not age well. The parrot/sheep were dead wrong once again. Of course it is obvious they are not going...

MrRenev

"Nationalism bad" over and over. So here in France I can't listen to someone from the far left for 5 minutes without hearing about how republican they are. Haha "republican", what they really mean is nationalist. "French republican values", "foreigners HAVE to adopt french republican values", "Europe goes against our republican values". Call it how you want, it is...

MrRenev Updated 

1- Bunch of hippies partying in an anti profit "environment friendly" are stunned and learn a harsh lesson about reality *********************** I'll start this with a fun one. Try not to laugh. Vice produced a video about a couple dozen of hippies that ended stuck in a jungle after being placed under quarantine due to covid-19. "The Tribal Gathering Festival...

MrRenev Updated 

What drives the market in general over the long term is rather simple. On the inflation adjusted chart in particular we can see how the stock prices were impacted by the policies of Reagan and Clinton (which continued the same policies but under another name because they are from a different party). It is enormous, explosive, impossible to miss. As you can see in...

MrRenev

Bitcoin perma bulls are back! After hiding for over 6 months they came back to celebrate once again. Took long enough. Bitcoin bagholders pretending they are making money even though regulators are saying they overwhelmingly lose, it is so bad actually that they had to ban crypto CFDS. This casino market is purely driven by the emotions of hysterical teenage...

MrRenev

Moderna announced today it would request the United States & Europe an emergency authorization for their vaccine. If my sources are correct. As usual most of the mainstream media are unable to relay the information correctly, according to them the demand has already been made some posted at the same time say "will", and some only mention the FDA (the US...

MrRenev Updated 

In Argentina big bags of Soybean worth $100,000 are being destroyed by mysterious sabotageurs *********************** The country with the longest continuous lockdown in the world, that also has the 4rth highest death rate in the world despite having a quite young population, median age ~30, and has sort of been in a depression for 20 years thanks in big part to...

MrRenev

Hello I still think the next bull market will probably include biotech, high tech, renewable energy. After a violent bear market there might be a new peak civilisation, in the past they all happened during climatic peaks (Babylonians, Egyptians, Romans, Europeans/British empire), I do not know if the cause was rather the heat or the CO2 itself. Now the roman...

MrRenev

Wonderful bullish news! There is a vaccine. The economic activity can soon go back to normal. The question now is how do we make it obligatory? Crazy antivax conspiracy theorists are saying that because it is a rushed & untested vaccine and entirely new technology that affects ARN and contains heavy metals that can breach the blood-brain barrier we should let...

MrRenev

Bitcoin is a small 2% away from all time high. Now is a good time to look back on the past 3 years since it has gone mainstream. Many "strong hands" ended up selling right before the explosion up (the same people that criticized, insulted, reported and mocked me, while let me remind you I bought at the bottom of this explosion at ~12750 when many of them were...

MrRenev

January-February: Not much. FX some extended arms bouncing on support. Gold parabolic move inside the early bull market, short lived. March: Stocks mega-crash. Fundamentals. Coronavirus, lockdowns, etc. Gilead super volatile with Remdesivir, airlines & cruise lines die. Dollar goes up but not interesting to buy. Bitcoin crash I waited for 1 year...

MrRenev Updated 

***************** Part 1: An expensive but valuable lesson for Bitcoin bulls ***************** I have not heard much from Bitcoin "investors" in the past 12 months. This is what I kept repeating back then (2018-2019): " The bear market is not over/2019 is a fake bull market (hundreds of them laughed at me) They will refuse to sell until Bitcoin goes into panic...

MrRenev

> Some economists are calling this stable period the calm before the exchange-rate storm *********************** The price move of around 10% this year is small compared to during the 2008 crisis: EURUSD fluctuated between 1.60 and 1.23, AUDUSD ~0.985 and 0.60, huge downtrend, GBPUSD too had a giant move, of 33%. The main explanation they have is it's coming...

MrRenev

Really mooning now. The market in my eyes is in disbelief, I am not seing the crazy fomo of early 2018 and Q2 2019. Funny how plenty of crypto "investors" have disappeared and youtubers & CT guys have "quit to focus on more important things". Have not heard in a while from all the angry baghodlers. They had to leave and lose interest for this thing to go up haha....