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  1. johnarb

    Tether collapse journal

    USDT value is proven every day 24/7/365, no holidays, no business hours, non-stop trading USDT is traded in the US exchanges, Coinbase, Kraken, and FTX.us I was holding $150K worth of USDT in my Metamask crypto wallet a few months ago (along with $50K of USDC and $50K worth of MIM) No-coiners...
  2. johnarb

    Tether collapse journal

    https://tether.to/en/transparency/
  3. johnarb

    Tether collapse journal

    I don't know what to tell you man. It seems you believe the Tether fud completely USDC, USDT, PAX, BUSD are all stablecoins backed by $1 for each coin USDT is actually backed by more than 100% of USD for each coin These stablecoins are all crypto assets running on blockchains and are global...
  4. johnarb

    Celsius DeFi ponzi collapsing

    Don't know what's going on, why is it going up, Pekelo?? I wanna buy at 20 cents per CEL
  5. johnarb

    Tether collapse journal

    Stablecoins are the equivalent of the invention of the wheel in moving forward the Cryptos assets into a true financial system Before stablecoins (oh the good ole' days) there were always price differences among different global crypto exchanges, Huobi, Okex, BTCChina, and of course Coinbase...
  6. johnarb

    Tether collapse journal

    USDT and UST are vastly different Not everyone who holds USDT are allowed to get USD from Tether Co. In fact, most of the USDT tokens are in wallets that are not redeemable for USD For regular folks like us, we can go to Coinbase to convert USDT to USD Ok, let's wait and see if USDT...
  7. johnarb

    Tether collapse journal

    Tether USDT is the biggest stablecoin, it's going to be fine, people thinking sky is falling has been saying that for years Checkout the daily volume https://coinmarketcap.com/currencies/tether/markets/
  8. johnarb

    Celsius DeFi ponzi collapsing

    Very interested in getting CEL at 20 cents again like in 2020 It's a global crypto assets bank, one of the biggest in the industry, in direct competition with BlockFi They provide crypto assets liquidity to the biggest traders in the world, including wall street Licensed and regulated to...
  9. johnarb

    Celsius DeFi ponzi collapsing

    There are indicators during previous bear markets that showed Bitcoin and cryptos were coming back Companies continued to build out and new projects were being started. Even now, I started a thread that a16z recently had their biggest fund raise in crypto NGU tech is the best creator of a...
  10. johnarb

    Crypto Macro Trends for 2022

    Since cryptos market has a correlation with the Tech (growth) stocks, I thought this video was interesting on how the "others" are handling this ,what they see, and how to survive I'm doing the same thing, got enough cash to ride this through, unless it takes longer than 5 years..
  11. johnarb

    Celsius DeFi ponzi collapsing

    Not much to do in a crypto winter but just to hodl and keep an eye out for signs of the next bull market The hardest one to get through is the first one where you will have a lot of doubts if things will go back to all time high... Virgins
  12. johnarb

    Celsius DeFi ponzi collapsing

    Is it going to upset you more if I told you I'm thinking of starting a ritual every full moon to sacrifice a few virgins to honor Satoshi? I believe this will pump the price of Bitcoin
  13. johnarb

    Celsius DeFi ponzi collapsing

    I like this question and glad you asked. I did not want to make the post even longer plus this will be subjective It depends on the financial situation and intent of Mr. P Using my financial situation at that time and my experience with playing options and payout, as the 100 BTC hodler, I...
  14. johnarb

    Celsius DeFi ponzi collapsing

    It's a dream of mine and yea, I expect you to deny it :D It's something you cannot prove that you're not a whale, but you can prove that you are a whale (by signing a bitcoin wallet address that contains a lot of btc's) Although I'm no longer a Taleb fan, his books "Fooled by Randomness" and...
  15. johnarb

    Celsius DeFi ponzi collapsing

    I worry for you, Pekelo, you're seeing the world in a very negative way. Maybe you should talk to someone -------- Part of me, and I know this is a very very long shot, suspects that you're a big Bitcoin whale and you bought hundreds if not thousands of Bitcoins a long time ago and you're just...
  16. johnarb

    Celsius DeFi ponzi collapsing

    You're trying to describe a complex system in simple terms and removing a lot of significant details Bitcoin started at a value of $0 and the rest of the cryptos 10 years ago were all valued less than $10B Today, the whole cryptos assets have a market cap of over $1 Trillion and if you include...
  17. johnarb

    FTX Defends Margin Proposal

    Ahhhh, interesting So, in the past, haterz say, government will ban Bitcoin and cryptos because it's a threat to fiat currencies, or used for illegal activities and other reasons like that... But but but, now, governments are supporting Bitcoin and cryptos like Dubai, El Salvador and the...
  18. johnarb

    Celsius DeFi ponzi collapsing

    Thanks for the congrats, I think you're confusing CEL with some other stuff, since you call everything cryptos ponzi, Anyway, it's not a zero-sum game, but too much to explain Celsius Network, BlockFi, Nexo, Ledn, they are all viable business models Celsius is regulated in the US and in the...
  19. johnarb

    Andreessen Horowitz Announces New $4.5 Billion Crypto Fund

    Ok, fair enough, but if you listened to even the first 15 minutes you'll know her background and experience and knowledge far exceed yours in the banking, finance and legal space She's a key player in creating laws that will govern the crypto space She's the one that uses the term "bearer...
  20. johnarb

    Crypto Macro Trends for 2022

    Thanks for the kind advice I love being in control of my time and schedule It's like being on a permanent vacation and even when I have to do certain things like shopping for groceries or other supplies, I can choose when to do it and even change my mind at the last minute, lol Too bad travel...
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