Oddbean new post about login | logout Iran just sent drones at Israel, currently en route, so multiple countries in the region are closing airspace, announcing states of emergency, preparing airspace defense systems, etc. Most financial markets are closed, so crypto is basically the only place with liquidity for the market to express its view on whether this will result in serious damage and geopolitical escalation. Bitcoin sharply down from $66k to $62k on the headlines, most other cryptos down more. Paxos Gold (a gold-backed stablecoin) had a huge spike from $2400 to $3000 but it is coming down now. Leveraged liquidations can distort the initial magnitude here. Sad day; hopefully calmer minds prevail and de-escalate.
So no panic at the disco? 🕺🏻
Meanwhile we stack, and zap.. https://i.nostr.build/nb525.jpg
Very sad.
There are early signs of de-escalation. Iran announced that the attack is in response to Israel’s strike on Iran’s consulate in Syria and that they consider the matter concluded unless Israel retaliates. But I have no idea if they will or not, so we will see.
US millitary industrial complex begs to disagree https://image.nostr.build/217a341239722219a179cc7c27f8d4b53b14fe138ec8d12140705a5b62ed1cb5.jpg
Why does our military work for Israel? What has Israel ever done for us? Or for anybody?
I dunno. The military industrial complex doesn’t care, they just want conflict somewhere to sell their shit
Israel gives everyone plenty of reasons to go to war with them. They've attacked everyone, even the US, just in the brief time since Israel was founded. If the military industrial complex just wanted war anywhere, they could have attacked Israel after Israel attacked the USS Liberty, for example. But no, that's not the pattern. They protect Israel, because Israel controls the US government.
Am Yishra’el chai 🇮🇱🇮🇱 We will destroy all of our enemies no matter who they are! We will burn all these fucking terrorists.(Iranian regime,Hezbolah,ISIS,Hamás,Houthis,etc.🔪💀🔥🔥
El NaZionismo es la mayor amenaza para la humanidad.
We will destroy all of our enemies! We will burn them all ! 🔪💀🔥🔥 🇮🇷🇱🇧 🇸🇾🇸🇦 🇪🇬🇵🇸🇵🇰 🇾🇪 Am Yishra’el chai 🇮🇱🇮🇱🙏🍷
Todo aquel que promueve la guerra, todo acto de genocidio, la hipocresía y el cinismo... Es parece mas los actos de hijos del demonio. Aprendí de varios judíos ortodoxos que el NaZionismo del estado de Israel es el verdadero enemigo de los pueblos Semitas. La gente cómo tú da asco. https://image.nostr.build/9fa2a0c36a4416c795e29656d24104b504691e813cb232dbb840ad7fc3d53610.jpg
We will destroy all of our enemies! We will destroy all the fucking terrorists around the world and burn them all; you SHIT 🔪💀🔥🔥 🇮🇷🇱🇧 🇸🇾🇸🇦 🇪🇬🇵🇸🇵🇰 🇾🇪 Am Yishra’el chai 🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱
Ahora entiendo porque Hitler los quería hacer remolacha: Eran la competencia directa de los Nazis en la carrera por la dominación mundial. O sea los Sionistas y los Nazis son la misma escoria, pero en diferentes bandos.
Oseh shalom bim'romav hu yaaseh shalom aleinu v’al kol Yishra’el. V’imru, imru, Amen. Yaaseh shalom, yaaseh shalom, shalom aleinu v'al kol Yishra’el. Yaaseh shalom, yaaseh shalom, shalom aleinu v'al kol Yishra’el. Amen! 🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱
Tu solo eres una basura más, hipócrita, cínico y sin absolutamente nada de vergüenza. Y el Sionismo basura no representa a todos los judíos, sólo a la escoria. https://image.nostr.build/9fa2a0c36a4416c795e29656d24104b504691e813cb232dbb840ad7fc3d53610.jpg
B’reshit (Gênesis),12 vs 2,3. AM YISRA’EL CHAI 🇮🇱🇮🇱🇮🇱 https://image.nostr.build/346ceabce4f92e4ce2311481f97864a5ab15f6a4b117719e5e57eb695095334a.jpg
Bibi n'attendait, vivement que la majorité du Peuple Israëlien qui le contextent depuis des mois le foutent dehors , jamais Gantz n'aurait ce chemin que Netanyahou emprunte depuis l'Intifada, la gueurre tant de jeunes soldats périssent pour une escalade meurtrière surtout sur la partie de jeunes israéliens africains ..S'attaquer à des établissements étrangers est plus que Macchiavelique comme tactique tout en colonisant des terres sur cette Terre de Palestine lieu des 3 trois monetheistes , méme des Arméniens orthodoxes ont été pris en cible au coeur de ces lieux
I feel like this was all for show. What’s stopping Iran from taking oil prices to $300?
Um, the rest of the market.
You don’t think blocking shipping and a few well placed missiles in Saudi Arabia, one of their enemies, might do the trick?
Oh, I thought you meant setting the price. Sure, disruptions will affect price temporarily, and then we’ll witness the miracle of the profit motive bid it right back down as producers all over the world fill the void.
Yes, that’s true but I wonder how much damage it can do in the short term. Could $300 oil set off financial market troubles in the USA for example? 🤔
It’s probably similar to what effects natural disasters can have, except the whole world is affected. So all profits would be affected and stocks would immediately reflect that. But I don’t think it would cause a major recession unless the price stayed elevated for an extended period of time. Sure, gas and food prices shoot up, but people just adjust their consumption.
one finger, one button ... time to sane minds to helm the ship.
Very good breakdown. Terrible what's going on and markets look like they are over reacting or too many folk have been caught out with too high leverage going into the halving.
thanks for bringing the news to nostr lyn
Every time bitcoin dips, an angel gets its wings. I looked at the price today and saw 62k, I was immediately hit with a profound sense of gratitude, the gratitude manifested itself into a smile, sip of coffee, and a trip back down to the fiat mines.
I legit just woke up and saw Bitcoin dropping alerts on my phone and I was wondering what was up, damn, not the reason I thought, I really hope this doesn't become a wider conflict I also wonder how many leveraged traders were blind sided by this, and got liquidated apparently its 700 million but this article has no sources https://cryptopotato.com/another-700-million-in-liquidations-as-bitcoin-btc-dumps-to-61k-altcoins-bleed-out/
