The Steross Market and Investing Thread
- Thread starter jobob85
- Start date
Store of value!
Aren't markets supposed to just continually rise forever?
Also being serious if there turns out to be some sort of bitcoin bubble how bad is that for the economy?
Polds4OSU
Marshall
Trump is literally trying to move the US economy to be Bitcoin based and part of the US economic engine is already invested in Cryptocurrency
President Trump has taken steps to position the U.S. as a global crypto leader, including plans for a Strategic Bitcoin Reserve and promoting digital asset adoption since taking office in early 2025. His administration aims to establish a national stockpile using existing government-held Bitcoin and other cryptocurrencies to support the economy.
Key details of this initiative include:
Strategic Bitcoin Reserve: Initiated in March 2025, the U.S. government is building a stockpile of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), XRP, Cardano, and Solana.
Pro-Crypto Policies: Executive orders signed in 2025 aimed to support the U.S. crypto industry and create a regulatory framework.
Legislative Efforts: The GENIUS Act was introduced to establish regulations for stablecoins.
Industry & Personal Focus: Trump has aimed to make the U.S. the "crypto capital of the world," while his family has launched the crypto venture World Liberty Financial (WLFI), notes Al Jazeera and Wikipedia.
Despite this support, the crypto market has faced volatility, such as a sell-off in early 2026, says CNBC. The initiatives have received mixed reactions, with some economists raising concerns about risk, according to the Economic Policy Institute.
Don't know and can't say how bad that would be but I would say that in the world of BTC investing this is a pretty typical pullback so far.
Looks horrible if you got in this year but not that bad if even 2 years ago:
If you have held for years, this is barely a concern as you pull your yacht into the slip......
I've been a bitcoin/crypto doubter for all the time it has existed.
But, reality is reality. And it has been the greatest generator of passive wealth in the history of the world.
Is that about to end now? Maybe, but I suspect not.
Polds4OSU
Marshall
Peter Navarro: "The jobs report comes out tomorrow. We have to revise our expectations down significantly for what a monthly job number should look like ... Wall Street has to adjust for the fact that we're deporting millions of illegals out of the job market."
www.threads.com
Aaron Rupar (@aaron.rupar) on Threads
Peter Navarro: "The jobs report comes out tomorrow. We have to revise our expectations down significantly for what a monthly job number should look like ... Wall Street has to adjust for the fact that we're deporting millions of illegals out of the job market."
www.threads.com
Polds4OSU
Marshall
US employment growth through March revised down by 862,000 jobs
WASHINGTON, Feb 11 (Reuters) - The U.S. economy created 862,000 fewer jobs in the 12 months through March 2025 than previously estimated, the Labor Department's Bureau of Labor Statistics (BLS) said on Wednesday.The final nonfarm payrolls benchmark revision was less than the reduction of 911,000 jobs the BLS estimated in August. The numbers are not seasonally adjusted. Economists had expected the level of employment over the 12-month period would be reduced by between 750,000 and 900,000 jobs following updates to the Quarterly Census of Employment and Wages data for the first quarter on which the BLS based the payrolls benchmark revision.
The change in total nonfarm employment for 2025 was revised down to a seasonally-adjusted 181,000 from the previously reported 584,000.
Europe's $24 Trillion Breakup With Visa and Mastercard
A 130-million-user payment system backed by 16 major banks just launched to challenge Visa/mastercard
europeanbusinessmagazine.com
Europe’s $24 Trillion Breakup With Visa and Mastercard Has Begun
February 9, 2026ECB President Christine Lagarde has called for Europe to break its dependence on American payment infrastructure, warning that every card transaction sends European consumer data to the United States. A coalition of 16 banks thinks it has the answer.
QUICK ANSWER
What’s happening? ECB President Christine Lagarde told Irish radio that Europe needs its own digital payment system “urgently,” warning that virtually all European card and mobile payments currently run through non-European infrastructure controlled by Visa, Mastercard, PayPal or Alipay. Days later, on 2 February, the European Payments Initiative (EPI) and the EuroPA Alliance signed a landmark agreement to build a pan-European interoperable payment network covering 130 million users across 13 countries. The system, built around the digital wallet Wero, aims to let Europeans pay and transfer money across borders without touching a single American network.
