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  1. johnarb

    Bloomberg: Julius Baer Braves ‘Bubble-Burst’ Moment in Crypto Wealth Push

    No worries, it's a diversification strategy within the crypto assets ecosystem No stop loss, will sell when ready (or need to) ------------ My (our) investment portfolio is only crypto assets (no stocks, bonds, or real estate) ------------ The portfolio $ value is majority in BTC (Eth went...
  2. johnarb

    CFTC Busts $44 Million Ponzi Crypto Investment Scheme

    Bitcoin is both an asset (commodity) and a currency (medium of exchange) Right now, BTC can be used to buy any computer product from NewEgg, luxury goods, or pay for any travel expenses at Cheapair.com or even buy a house in some places But the most important thing BTC can purchase right now...
  3. johnarb

    Bloomberg: Julius Baer Braves ‘Bubble-Burst’ Moment in Crypto Wealth Push

    No, not yet, it's a hold until eoy and then will consider to further hold or sell I also have not sold the Otherside Otherdeed (metaverse land NFT that was airdropped a few weeks ago to BAYC holders)
  4. johnarb

    Tether collapse journal

    I think it's entirely possible the Tether company stole $30 Billion but no one may never know Unlike banks who leverage the deposits 30 to 1 every USD deposit, Tether only issues 1 USDT per 1 USD deposit (and burns an equal amount in reverse per redemption) Most of the USDT are not in...
  5. johnarb

    Antipump Binance crypto bot

    a different kind of bot... all operations are smartcontract executed on the Ethereum blockchain Some very smart and creative people out there. This is not as good (profitable) as the BAYC/Apecoin claim but still interesting to see Goes way over my head since I'm not a dev, but I can follow on...
  6. johnarb

    Crypto Macro Trends for 2022

    I think you're right! Doge actually pumped several times so he would have been a millionaire in 2017/18 but this current price is just insane, if he did not abandon the project, there is no way he doesn't have at least a 9 figure net worth And the bonus is the freakin' liquidity since all the...
  7. johnarb

    Bloomberg: Julius Baer Braves ‘Bubble-Burst’ Moment in Crypto Wealth Push

    Prolly nothing... https://www.bloomberg.com/news/articles/2022-05-19/julius-baer-deepens-crypto-commitment-amid-bubble-burst-moment Julius Baer Braves ‘Bubble-Burst’ Moment in Crypto Wealth Push Swiss wealth manager is trialling crypto services for clients CEO Rickenbacher says crypto has...
  8. johnarb

    NFTs, the next wave of stupidity

    Always have fun!! WAGMI!!
  9. johnarb

    Crypto Macro Trends for 2022

    Yes, Pekelo, this is a good thread for anything crypto assets related Unfortunately for the Dogecoin creator, he abandoned his Doge project very shortly after creating it As you're aware, he could have been a billionaire last year or at the very least 9 figures millionaire Wouldn't you agree...
  10. johnarb

    Crypto Macro Trends for 2022

    I think that's part of the struggle with a working-class Salvadorean that is only able to send $100 or a few hundred $ to families in El Salvador and a remittance fee of $10 or higher is too high a percentage of the amount. It's also the reason sending $20 or less is not practical Since I...
  11. johnarb

    Crypto Macro Trends for 2022

    There's a few things that are not always clarified and only the ones interested are aware No one is forced to hodl bitcoin after receiving it in El Salvador It is written in the El Salvador Bitcoin law that anyone can convert to US $ within 10 (or 30?) minutes I read majority of Salvadoreans...
  12. johnarb

    NFTs, the next wave of stupidity

    schadenfreude much, Pekelo?? :D:D:D:D:D You better enjoy it because there's going to be a lot more of these carnage per Uncle Jerome's message yesterday!! :D:banghead::D:banghead:
  13. johnarb

    Crypto Macro Trends for 2022

    Thanks for being a good sport, savoir My positions are long term and I take full responsibility for whatever the outcome of how low the value of the portfolio might go to during this bear market I rode -85% in 2014-2016 and -90% in 2017-2020 bear markets, but the difference this time is that I...
  14. johnarb

    Crypto Macro Trends for 2022

    *** Post is for entertainment purposes only *** [Bitcoin did not have a flash crash to $25K so there was no short term trade for me] Costco, Walmart, Target, Dollar Tree, Consumer retail are giving a signal of a recession or are we already in one? And then the state of the consumer credit is...
  15. johnarb

    El Salvador to host 44 countries to discuss Bitcoin

    @RedDuke , in case you still haven't figured out the last 3 posts we've exchanged Bitcoin is money that cannot be debased by central banks Look up the message that Satoshi Nakamoto embedded on the first block of the Bitcoin blockchain over 13 years ago Satoshi knew exactly what Bitcoin was...
  16. johnarb

    El Salvador to host 44 countries to discuss Bitcoin

    And I just told you that your example fails So let's get back to Bitcoin and the problem it solved for the millions of people of Argentina, Lebanon, Turkey, Peru, and Sri Lanka What is another example you have since buying TSLA shares did not work for them but Bitcoin did?
  17. johnarb

    El Salvador to host 44 countries to discuss Bitcoin

    And how would they have been able to buy Tesla?
  18. johnarb

    El Salvador to host 44 countries to discuss Bitcoin

    RedDuke, this is not true I have always given the answer to people who genuinely looking for it that they read the book "The Bitcoin Standard" or "Layered Money" Why haven't you read any of the books above if you are truly seeking what the problem Bitcoin has solved? --------------- I'll...
  19. johnarb

    Blue Chip NFTs

    These are very good stories on changing the lives of artists for the better
  20. johnarb

    Shanghai High Court Declares Bitcoin Virtual Asset With Economic Value Protected by Chinese Law

    China is a very big market JP Morgan bends the knee to China
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