The lack of Altman is genuinely suspicious. This user's track record suggests they don't post without a reason. The hype is so real, even my portfolio is feeling the FOMO.
Totally sustainable lmao
The Bitcoin mine, which MARA has owned for almost two years, has been a source of noise pollution that residents say has been the cause of a range of health issues including lack of sleep, vertigo, nausea and motion sickness.
The MARA Data Center has been absolutely terrible for the residents.
Time - ‘We’re Living in a Nightmare:’ Inside the Health Crisis of a Texas Bitcoin Town
“As of December 2023, the Granbury mine is owned and operated by Marathon, one of the largest Bitcoin holders in the world.”
“In order to cool the machines, the site’s operators attached thousands of fans to the containers, which churned constantly, emitting a vicious buzz. As more machines were switched on, the noise sounded like a ceiling fan, then a leaf blower, then a jet engine.”
“Jenna Hornbuckle, 38, lost hearing in her right ear and was diagnosed with heart failure; ear exams document her hearing loss along with that of her 8-year-old daughter Victoria, who contracted ear infections that forced doctors to place a tube in her ear.”
“As rock music blares from the speakers and other patrons chatter away, Rosenkranz pulls out her phone and clocks 72 decibels on a sound meter app—the same level that she records in Indigo’s bedroom in the dead of night. In early 2023, her daughter began waking up, yelling and holding her ears.”
“In one study, he exposed young, healthy students to noise events up to 63 decibels, and found that their vascular function diminished after just a single night. In other studies, he’s found that nighttime noise pollution directly leads to heart failure and molecular changes in the brain, which may lead to impaired cognitive development of children and make some people more prone to developing dementia.”
Texas Tribune - Texas leaders worry that Bitcoin mines threaten to crash the state power grid
“‘Nobody in their right mind would live here,’ Shadden said. ‘My windows rattle. The sound goes through my walls. My ears ring, 24/7.’”
“Local law enforcement has cited Marathon more than 30 times for violating noise limits above 85 decibels. From the edge of Shadden’s property, her neighbor measured 87.9 on a decibel reader the same day that the Senate hearing took place. Neighbors have talked to local elected officials, but they say there hasn’t been any significant action resulting from those meetings.
‘You certainly get the impression that there's people that see this is just a great, you know, money opportunity for the county, right? And the health issues they haven't gotten too concerned about,’ said Granbury resident John Highsmith.”
DL News - Angry Texans fight Bitcoin mine’s 80,000 noisy machines in test for industry
“For more than a year, a Bitcoin mining facility owned by Marathon Digital Holdings has been minting the cryptocurrency day and night with about 80,000 fan-cooled computers.
“The sound has been antagonising the folks in Granbury, a town not far from Fort Worth.”
Residents have watched in amazement as rabbits, birds, and other wildlife have fled the area to escape the noise. But, she says, before pausing to add: ‘There sure are a lot of vultures.’”
Ai isnt the bubble, the price of the stock and valuation of any companies involved in Ai is the bubble dumbass. the lack of infrastructure for the data centers is a problem
Government will reopen after the elections. Tariffs are about to be overturned by the Supreme Court. Data will return. AI fear selling is just a lack of headlines. Meanwhile every regard who has their entire portfolio in options thinks a 0.5% decline in futures is the apocalypse.
looking back the writing was on the wall:
1. circular ai jerking
2. lack of energy to accomplish stated ai revenues
3. extreme forward looking ai revenues
4. buffet bailing
5. burry apeing
6. meta/msft breaking
7. govt closed for weeks
8. months of endless 'up only'
9. supreme court tariffs case
10. mandami taking over financial capital of the world
11. years of ber rage building up
12. fake gyna deals
13. burritos becoming too expensive
14. crypto crashing
15. probably at least 3 people you know personally in your circle struggling to find work
16. ai slopping up everything
17. europe and canada drying up faster than ur mum
18. gamblingfication of everything
19. crime is legal
20. im tired but you get the point
And before you say buffett and burry are fake and ghey, realize what sort of public transportation you're riding to wendys presently and what sub you're spending your precious time in.
Tesla has no one insider that’s holding there shares. All insiders have trimmed at least 50% of their holding in the last year. They all are selling as quickly as they are legally allowed to and trying to disguise this best as they can. Musk brother selling!!! He know best! Bro knows I trust his brother ,
Why insiders might be selling:
Tax planning: Some insider selling might be for tax planning purposes rather than a lack of confidence in the company’s future.
Diversification: Executives may be diversifying their portfolios to reduce their exposure to a single stock.
Demands of other ventures: Musk has sold shares to fund other ventures, such as the acquisition of Twitter.
Uncertainty: Some selling may be due to concerns about the company’s future growth and stock valuation.
Trading 212
I mean I can wait, I don't need money urgently
But what I'm concerned about is lack of support and rebound. It just keeps going down
Price target is $18.
Do you think it could go to zero ?