Slope of Hope Blog Posts

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.

Selling the Big News

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After years and years of waiting, the entire crypto world is giddy with excitement today as the SEC has pledged to give its presumed blessing to some number of Bitcoin-based ETFs. In a rather comic event Tuesday, the SEC’s own X account was hacked and used as a platform to delivery the big news that ETFs were approved, which caused $BTC (below) to spike briefly but then collapse when the fakery was discovered. If nothing else it gives you a bit of an idea what the market is willing to pay in an BTC-ETF world, which isn’t a heck of a lot higher than we’re at.

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Crypto-Equities

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The old saw about how one should buy when there is blood running in the streets was quite true with respect to the FTX collapse thirteen months ago. In retrospect, we can see that anything and everything related to crypto was a total bargain, and they’ve all gone up hundreds, if not thousands, of percent since then. It’s like 2021 all over again. I would say, however, that our rainbow friend seems to suggest it’s more likely that BTC ease back over the coming months before making another thrust higher.

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