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Downtown

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About Downtown

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    Pro Bowler
  1. Cryptocurrency

    This morning's sell-off was definitely alarming and a response to regulatory rumors. But its already responding and having a huge rally to end the day. Its a market that traditional models just can't understand. Its like hyper trading. I'm still long on it for 2018. I was down big this morning, didn't panic, and its already coming back. I still think 2018 will see crypto hit an astronomical rally before the real decision on regulations come down. But I'm calling bullshit on Asian regulations. Too many citizens are using crypto now. Like bigger banks, it is becoming too big to fail.
  2. Fusion GPS transcript released

    Sadly @thor doesn't understand syntax if there's not an LOL or little girl emoji attached.
  3. The key to Saturday

    If you take out Gronk's knee, do all the other douchebags in the world feel it? This shouldn't be a strategy for the game, it should be a strategy for life. While we're at it, can we have Cyp take out all the other mindless dumb-fucks that actually use/say the words "dilly dilly" in passing?
  4. CFP -- Who've you got?

    Who would have thought having a QB would be the difference in the game?!?
  5. Either bitcoin will crash because the lightning network fails or the others will crash because the lightning network succeeds. I don't think the technology is going away, instead its going to takeover and you have to gamble which of the 1300 cryptos will be the foundation of a new economy. There are multiple trillion dollar markets that could be radically transformed by crypto technology. This isn't a total fluke, but the market is still in the billions (dot com market was 3 trillion before it crashed). So if anything, I want to ride the year hard and see if I can make 1000%+ margins.
  6. REQ, XLM, XRP, NEO, EOS are the ones I'm keeping track of. Aeron (ARN) had a huge rally today, most likely because it was just adde to binance.
  7. I'm calling bullshit on all of this.
  8. With the stock market looking like it'll continue this rally, I've given myself 10k to day-trade cryptocurrencies. Super fun. I'm up 2k in a week. Gambling gone big.
  9. TRUMP JOB CREATION - NO DOUBT THEY ARE THE RESULT OF TRUMP

    BULLSHIT. Utter bullshit. This is embarrassingly uninformed. Where did you even get this from? Hannity?!?
  10. TRUMP JOB CREATION - NO DOUBT THEY ARE THE RESULT OF TRUMP

    No. You can't create a logical discernment of cause of effect directly correlating one (the tax cuts) to another (GDP growth) when there are more factors to the equation than those elements. This is the very argument (Reagan Era) among economists that will go round and round and round. My point is that the Reagan tax cuts are the only example of American economic growth (within the last century) that is associated with tax cuts, and even then, interest rates played a huge part in creating the bull market that the US rode, which skews the data and makes this timeframe inconclusive. So lets agree that the unique economic climate surrounding the first Reagan era gives us inconclusive evidence and should be thrown out of the argument. Now, having acknowledged the above, please give me any other example of tax cuts actually stimulating the economy, and I'll present the contrary.
  11. TRUMP JOB CREATION - NO DOUBT THEY ARE THE RESULT OF TRUMP

    Little Earl, you're just repeating the bullshit you've been fed. How about we just look at history and acknowledge what has actually happened over the past century? First off, can you provide even just ONE example of American economic growth on either the state or federal level solely stimulated by tax cuts? Come on, you've stated it so plainly above as if its just common knowledge. Surely it should be so simple to identify. The Reagan "tax cuts" were not the reason for the economic growth of the time. It was mainly due to the drop of 13% interest rates to 4% interest rates in ONE YEAR because of the poison pill that Carter took to end out-of-control inflation. That massive drop caused a bull market that the country rode.
  12. TRUMP JOB CREATION - NO DOUBT THEY ARE THE RESULT OF TRUMP

    You really don't understand macroeconomics. Carter era into Reagan era was about interest rates plain and simple.
  13. Cryptocurrency

    Its all coming back and will keep climbing in 2018. That short downturn was just fund managers cashing out all at once and profiting before the end of the year. I took a small amount and bought low. Kinda fun gamble.
  14. Jeremy Pruitt Vols next HC

    His staff is looking like a group of elite recruiters. I think he has the lowest floor and the highest ceiling of the last candidates they were thinking about. But I like that they swung for the fences.
  15. Wow @Justafan , I didn't think @thor could actually be referring to the Manafort or even Page FISA warrants. That's next-level idiot stuff. @thor do you just take whatever right-wing conspiracy sites publish as gospel? To obtain and more importantly, maintain a FISA warrant past 90 days you have to produce intelligence to prove to the court. Case closed. This is close to as weak of a conspiracy you could possibly have at this point and THAT'S saying something. If that's really what Thor is hinting towards, then no shit people go silent when he brings it up. I'm sure folks get real quiet when he starts in on flat-earth conspiracies as well.
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