
Francis Quimet
5.9K posts

Francis Quimet
@FQuimet
1913 United States Open Champion
Katılım Temmuz 2014
799 Takip Edilen80 Takipçiler


@gregnormanjr @livgolf_league When do you convert from shilling NFTs to publicly supporting Bitcoin?
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For years, I was told by critics, sometimes aggressively antagonistic, that #Bitcoin would crash to zero and @livgolf_league would quickly fade away. Yet here we are. Bitcoin, born out of the 2008 financial crisis as a decentralized alternative to traditional banking and a lack of institutional trust, has successfully launched the largest ETF in Wall Street history, despite years of significant pushback from media and global governments.
LIV Golf was created with the intention of refreshing the golf scene, targeting a younger audience, and innovating the traditional format. It not only offers a new viewing experience to professional golf but also gives professional golfers equity in the brand they help build.
These developments underscore a valuable lesson: the "expert" opinion is not always correct. In sectors as varied as finance and sports, pioneering efforts like Bitcoin and LIV Golf have defied expectations, not only surviving but also establishing new benchmarks and altering established norms. They illustrate that incumbents must remain constantly vigilant, or risk being overtaken by disruptive forces that forever change the landscape.
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@TXMCtrades @LynAldenContact @Stimpyz1 @DerivativeYield @bitlinc @mark_dow It happened at the moment you went bearish on BTC in the low 40’s and took profits
GIF
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Again, for the back row, fiscal dominance is when the monetary authority can't run an independent monetary policy aimed at its mandate and has to subjugate its mandate to fiscal objectives.
If this were the case in the US the Fed would have never been able to raise the policy rate by 500bps in 12 months and reduce the balance sheet (ie push Treasury ownership into the market) by nearly $2T.
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@TXMCtrades @KobeissiLetter Says the guy who sold in the lows 40s and has been calling for a recession for 9 months
GIF
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Why do you think #Bitcoin, which is historically a safe haven asset, is being sold every time geopolitical tensions worsen?

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@saxena_puru @J___Rodriguez1 @LizAnnSonders When are you giving the buy signal on Luckin Coffee? #uponly
GIF
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@J___Rodriguez1 @LizAnnSonders No....unemployment rate hasn't spiked
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The LEI has never been this negative outside of a recession
If recession doesn't land soon, it'll confirm "this time is different".
Chart @LizAnnSonders

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@dampedspring Surprised they could afford a membership after your Q4 calls
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The only thing we learned today that is definitive is that RRP is going to be around a lot longer than most think. That has implications for QT taper as well. If you don't understand why ask some newbie QRA expert or join dampedspring.com and learn something.
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@profplum99 Is this your updated FUD/bear case for BTC? Because if so I couldn’t be more bullish
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Very much agree with Ben's framing of Bitcoin. A revolutionary idea (demented, but at least idealistic) has been co-opted into "an exposure"
Congratulations. Enthusiasm for recognition by Elon has been replaced by enthusiasm for recognition by Larry Fink. "A sad community."
Welcome to pot stocks without the recreational aspect.
Ben Hunt@EpsilonTheory
The problem is not that Claudine Gay is a plagiarist or antisemitic, because she's not in any meaningful sense of those words. No, the problem is so much worse than that. Just dropped on Breaking News ... The Curious Case of Claudine Gay youtube.com/watch?v=abDmP0…
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@coloradotravis “Selling my Bitcoin for the Long Bond at 1.5%: True Story of an Investment Mega Disaster by Travis Kimmel.” Free to stream on Huffpo or The Atlantic.
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@saxena_puru @BobEUnlimited @BuyHoldSellTV @tobinsmith @TMSchoenberger “And then Bob said he was more worried about economic acceleration than a recession 15 months into a YC inversion”
GIF
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You really think rate cuts will prevent recession so late in the cycle when the yield curve has been inverted for so many months, LEIs have been declining for 20 months and bank credit + GDI are contracting?
Curious why do you think easing will prevent recession this time around when it didn't in previous cycles when the yield curve was inverted for so long?
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When Treasury and Fed policy shifts, your views have to shift too. Nothing wrong with that.
Great getting together this week on @BuyHoldSellTV with @tobinsmith and @TMSchoenberger to talk through the market opportunities following the big easing:
youtu.be/OxV_BMPQVYs?si…

YouTube
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@BobEUnlimited Have they foreclosed on @dampedspring ‘s palace on H4L island?
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@BitcoinTina @stackaraurus11 I’d be mad too if I capitulated the low. Thanks for the cheap sats under 20k Tina. You proved useful
GIF
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@stackaraurus11 I’m great I have a very nice position.
Too bad I didn’t buy a large slug of gbtc since it wildly outperformed bitcoin.
But since you’re a douche bag and a dick, I’m blocking you.
Go fuck yourself.
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It's very likely we are on the eve of a #Bitcoin spot ETF.
The first commodity ETF was SPDR Gold Trust. It provided a simple way for investors to access gold in their portfolio. When it launched gold went on to an 8 year rally with no single down year between 2005 - 2012.

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@profplum99 @cap_endurance @DiMartinoBooth You’ll be pleased to know the dollar is getting close to hyperinflating against Bitcoin
GIF
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@cap_endurance @DiMartinoBooth We’ve never had hyperinflation in this country. Hyperinflation is defined as >50% per month.
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“It’s increasingly clear the ‘transitory’ inflation story WAS correct. On market-based metrics (you know, ACTUAL PRICES) we’ve averaged 2% for all of 23. Note that even the Fed’s ‘market-based’ metrics are corrupted as they include Owner’s Equivalent Rent for shelter” @profplum99

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