/biz/ - Business & Finance

>>52814242
Another massive problem here is also the Core CPI actually being higher than normal CPI. Markets are not expecting that mostly because oil/gas dumped most of November and even in the PPI data announced last week they were down like 3.3% and even then it couldn't save the PPI even though energy is a high weight part/cost of production.

In simpler terms
Core Inflation Yoy Expectation is 6.1% while normal Inflation Rate YoY Expectation is 7.3%
but Nowcast says Core is higher and that is frightening.
I would definitely leave the markets next week and take risk-off.

>>52753236
Not yet sirs, I'm not done stacking. I'm sure its gonna moon when dollar starts going to shit. I don't want it to happen yet.

>>52499459
Twitter the site could be run competently with a couple hundred coders, designers, etc.
Twitter the company makes its money selling ads. That means you need sales people to get advertisers. You need legal people to check the contracts - for every country you operate in. You need content moderation to make an advertiser-friendly space. With the big new subscription push you need proper payment processing. And as you accumulate people you need recruiters and HR. The list goes on.

>>52469006
Pics loser

Binance also holds the majority of its reserve in their own worthless meme token that would destroy its own value were they ever forced to liquidate. The same chain reaction that destroyed FTX.

It’s all the same scam, just a bigger fish requiring more pressure. Not your keys not your crypto.

Calling every piece of negative news in the crypto space a bottom signal is a pathetic cope and the result of your sunk costs. It is a mental trap that will prevent you from evert making it.

Bitcoin has been crabbing around low 18-20k for half a year now and you guys still think the upswing is right around the corner?

This is it.

Reminder Twitter is a comparatively tiny social media site and even with every monthly user subscribing, it would not turn a profit. Part of the problem is that the reduced add density included in the subscription actually cuts into the profit, meaning the net profit is more along the lines of 2$. Additionally, with the Apple cut, people subscribing through the app store will most likely lose Twitter money.

To be honest it really is amazing to see such a rich man destroy so much wealth through stubbornness, stupidity and pettiness.