Search results

There is no way crypto works as a medium of exchange. If someone sold a house for bitcoin 2 weeks ago they could be down 20% now. Or if you sold a car for bitcoin you just took a loss. at least the Dollar does not have those crazy moves. At this point Crypto is just a trading instrument for...

trump just fell apart when Covid happened, if Covid never occurred Trump would have been re-elected for sure. Trump fell apart and was unable to lead, he just got worse as time went and when he got Covid he just went Colonel Kurtz. Covid was Trumps 9/11 but he squandered every opportunity to...

They say a lot but why are they not reporting on the so called “Commercial paper” who are the issuers, what backs the commercial paper etc. There is very little details provided by Tether LLC. Cant be called a stablecoin if 1 tether is just 3 USD and the rest high risk unknown holdings.

1 tether only has 3 cents USD and the rest filler. It is a fraud because they claimed that every tether was backed by 1 dollar. That is not the case, they lied 1 tether is backed by 3 cents USD. how can they claim its a stable coin backed by a dollar when its just backed by 3 pennies and a shit...

Simple, how do you pump bitcoin prices up, create dollars out of thin air to put demand pressure on Bitcoin causing the price to skyrocket. Whole thing smells like some super elaborate ponzi.

First they claimed a 1 to 1 match dollar to Tether, then now only 3%. If 62,000 tethers appear in the market and is uses to buy 1 bitcoin. Now the print on the tape is Bitcoin bought for 62K USD. and thats what the media will report, ie Bitcoin breaks new price barrier, 62K USD a large...

Dude don't be stupid. Don't do it, think long term in life.

They usually do for my trades, but today was a "Rogue Wave" As the famous James Cordier said. But unlike him I actually I did not buy back my short calls they became covered calls once I exercised my long call and had stock delivered. I am long stock and short the 416 calls for jul 18. I was...

Wow Rogue wave today, Had to exercise calls to get stock delivered for those naked calls.

Thanks to hedging. Had short SPY 415 puts I wrote and collected 7.72 a contract. It looked like I would be getting some stock delivered so I wrote naked calls to flatten my deltas a bit. Markets plunged as expected and I locked in the 415 long calls for 22-30 cents as a hedge. Both contracts...

If I was the Govt I would ban transactions between banks, creditcards etc.. to crypto. After that 5 million dollar ransomware payout.

For all you know is all that commercial paper is backed by bitcoins lol

Weird you would think bitcoin would be taking a much bigger hit. I wonder if the news has not gotten out much or no one cares.

So you can actually buy bitcoin on IB and sell it as well? No intermediary to deal with?

Dont know what that is but if someone has a successful strategy why would the post it for people to know?

SPY is king of options trading. Super liquidity in the options market.

I sold Naked calls in the morning but stock will be delivered on Saturday :)

She also claims she can return 25-30% a year looking forward. That is a huge red flag and I could not recommend any of those funds.

Actually the Human race was at its peak during the Indus Valley era before we invented shit like war. We kept improving on war tech in order to maximize killing and sufferinf in order to subsume a population.

buffet is richer that those pundits hawking bitcoin and he has tested the test of time. We still need to see if the game still going on in 10-20 years from now.