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Pictures?? Since @longshort fails to deliver: could you explain what "real value" means?

I really don't have the time to explain the global macro of cryptocurrencies to you, but you wouldn't mind anyway. However, you still did not explain fundamental or intrinsic value.

Can you show me the definition please? Really curious...

Aside from the fact that cryptos have real world use, would you mind explaining fundamental value or intrinsic value?

Until then lots of people will be financially independend, retire early and buy a lot of real estate from the profits they made from holding Bitcoin. But you probably won't since you already know that it's worthless...

Nobody cares about the CME. It's just a proxy for the old boys. Markets trades 24/7/365, futures, options, repos, swaps, all you want in size. The move is spot driven and we'll see if sentiment changes when we look at on chain data, vol, skew, term structure and forward curve after today...

when it happens you won't be there to short it. You never see bubbles beforehand.

I'm struggling to understand why anything else besides supply and demand drives the price of any asset. Gold is just a useless shiny metal unless somebody pays you dollar for it. Tesla shares are just participation certificates, they don't even pay dividends. But somebody else pays you nicely...

afaik most prop traders are spreaders. I dunno about position trading tbh...

Also, I think that luck plays an important factor, too. If you started when DTB first went electronic and turned into EUREX, chances were rather high for you to make it. 10 years later it was a fking grind.

It took the greater part of my young adult life to get where I am today. I was dead broke, worked shit jobs and took whatever I had left to the markets. I think about 3 years to break even and another two years until I made ok money. Most of that time I tried to figure out with kind of trader...

think about it this way: why would you want to trade on the CME? Are there products you know so well that you can make money off of it? If that is not the case, I highly suggest you look for niche product and familiarize yourself with them so much that you can generate P/L. THEN look for...

I did that for many years.

Yeah, I got a refund after a week of investigation. I was long CL and the price feed printed 0 on a single tick which triggered the automated margin call. Top 3 of the worst weeks in my life and it was client money.

here is another important piece of info: a WALLET is not like the wallet you use for cash. A crypto wallet is just a program that manages your keys to make your life easier. If you lose access to your wallet that manages your keys, you don't have access to your keys...and that's a problem...

yayaya....on the ignore list, peasant.

This is a good question. Imagine BTC to be a public safe with a lot of lockers like the ones you'll find at trainstations sometimes. Everyone can see the safe as well as the lockers but only the guy with a key can access the locker and use what's in in. Same with a distributed ledger...

God Lord...how old are you? 14?

OK...now as far as I can see you bring arguments that are simply incorrect. Usually you would be the guy to be called an idiot.

It's not the cryptos that were stolen! This is a really important piece of knowledge. The keys were not kept properly, someone got access to them and transferred the cryptos to his account. If you worry about your BTC, get them off the exchange to your own wallet and keep your keys offline...