The EUROcucks
Incoherent thoughts on European markets, Bitcoin hopium, and psychotic walking meditation. Zero financial advice, pure confirmation bias
The signal, where is it?
The number goes up! I'm not a genius, and neither are you. We're just in easy conditions, and eventually, the market will humble us all.
Everything is so stupid right now, be it the X feed, news, or the markets. It's a great illusion - the market is awesome, so everything must be fine.
Majority of the “investors” and economists here in Finland are currently screaming in the void that the Bitcoin is tulip mania and Helsinki has seen its bottom. I also wanted to believe that Helsinki has seen its bottom in 2023 and wrote few pieces.
I want to believe, I want to hope. Why does nobody speculate on Finnish assets?
Trump and Crypto: Pro-Business Is Good (Even If You Hate Bitcoin)
This post isn't about supporting any politician or system - it's about recognizing when policy shifts benefit individual freedom, even if they come from people or places you hate. If that triggers you, goodbye and good luck
Let’s continue with this.
Free people, free thinking, and free markets
This is too much for Finnish people; they want to believe in the system so badly.
Gladly Biden allowed Ukraine to have some missiles and the little NPC’s could come back from the cave.
“NATO brings peace and investments to Finland”
“Bitcoin is a bubble”
Share in the comments your best line to spot NPC. Don’t bother trying to offer help.
Majority want’s to be an NPC and that’s okay.
Why Euro is fucked.
You cannot win when you operate on cucked monetary base = everything is cucked.
Governments? Companies? People? Yes, majority cucked.
Trump is pro-dollar and not pro Bitcoin; why?
free people, free-thinking, and free markets
Europe can play only one game and that is who can debase the fastest. Murica no longer participates (Well, bluffing). Evil uncle is cutting government spending and promoting financial freedom.
I have argued that Europe will only increase government spending and the government's role, as well as Financial repression and capital controls.
What the Europoors miss is that USA has the luxury of promoting ideas such as Bitcoin, it fucks the EU even more and makes Murica even stronger.
I feel that the Europeans need to use their calculators in the future more. We have been laughing for decades for the shithole countries like Brazil, Russia, etc. why not just swap it? Euro strong man! So cheap here! The average American is taking a holiday like a king now in Europe, even better in Japan. Can’t go on forever… I expect some Plaza Accord 2.0.
The signal in Finland: It is nice that the depression continues in Europe, so we will get lower interest rates. Be careful of what you wish for. More pain is incoming.
LOWER INTEREST RATES, RATES STAY LOW FOR LONG = BAD FOR THE ECONOMY
The contrarian in me wants to believe that the bottom is in for Helsinki. It is hard to picture how they can conquer the world; competency is bad, management is utterly useless, and owners are lazy. Yes, they were the best in the early 2000, and after the GFC, you could argue that they have a fighting chance out there, but now? There are a few exceptions, but the majority is just shit.
If your strategy is based on hope, you need to reassess.
Do you want to be a spineless faggot or what? The majority of these assets are incredibly shit, and the only upside is if it requires more government interaction, be it forced by law or regulated competition…
Yes, the majority are FOMOing now to the USA, and the contrarian in me wants to find something worthwhile in Europe.
Debt will be again a problem in EU and who will save it if not Germany? Why would anyone invest in this clusterfuck? What's your thesis beyond "it's cheap"? (lets try to find few). Its cheap compared to Murica. Cheap usually = shit.
Bitcoin
Bitcoiners are doing victory laps again, and it is time to get cautious. Bitcoin is the best asset for the average Joe in the base-case scenario where everything will continue to debase and rot.
What happened to the expectations that Bitcoin will flip gold around 2035-2045?
Well why not to 200T?
Saylor is going absolutely crazy (Go look at history and what he has done). Why buy Bitcoin when you can just MSTR? It is this shit again, just like GBTC, etc, in the last cycle…
Everybody again whoring for attention and clicks. This is a great time to clean up my feed in X and mute all the “influencers” and idiots.
For the common sense people, don’t try to make any sense and argue with “Bitcoiners”; those who cheer the number go up are not Bitcoiners. Well, there is nothing to worry the “get rich fast” approach ends up every time in capitulation.
We love to dream about how Bitcoin fixes the world; I do it, too.
The whole Trump trade has been similar to Bitcoin; it's not like Trump will fix the 🤡 world overnight. Will Musk and Vivek cut government spending and somehow make it productive? Expectations are wildly overboard.
The markets are IMO valued to perfection. The majority of the “valuations” do not make any sense. We are dreaming.
Bitcoin feels very toppy, and it is impossible to imagine how high it will go. If I look at X, I see the 13 million predictions, and I feel the top is already in.
Relative value is the only game in town when everything's in bubble territory…
Gold is at 17T and Bitcoin at 1.9T so about 10%. Still cheap!
X is full of gains porn, be it Nasdaq, crypto, or whatever. How high can it really go? Palantir to 100? (its at 67$) Coinbase to 400? (at 296, was in September 140). Bitcoin 150k? Palantir and Coinbase are already almost 10x from the 2022 bottom, Bitcoin 6x. How much steam there is left?
These are the most regarded coins on the planet. It is usually the end or just the beginning of the great regardation like 2021.
The following 2 years will be a trader’s paradise no matter what. Just look at the Trump trade… Imagine the 2025 and 2026. All I can do is make educated guesses and journal it all - so I recognize what I'm seeing now next time the cycle turns. I just try to do the best I can, and I still fuck up daily. In my degen trading account, I am harvesting cash.
He got a point. Go cry; it's a clown world. Or do something. Speculating on the casino? Well, somebody will do it.
I need also to meditate to find my way. Create the urgency. Create the fucking goal. It still feels like degeneracy (trading) when I should build something real. I'm getting there slowly. I'm still a bit lost on what's next…
It's time to put in the psycho hours. Create that intensity that makes the normies nervous.