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  1. johnarb

    Crypto Critic Charlie Munger Sides with China

    Liquidity comes in, liquidity goes out Big investors buy Tether with fiat so they can buy crypto assets like BTC and ETH Big investors de-risk and selloff crypto assets for Tether and redeem for fiat No matter what Tether has increased in supplies through the bear markets because more money...
  2. johnarb

    Crypto Critic Charlie Munger Sides with China

    So you're saying that Tether pushed BTC from $150 to $20,000 But Tether is not there to support BTC crashing from $20,000 t $3,000 Also Tether pushed BTC from $3,000 to $69,000 But Tether is not there to support BTC crashing from $69,000 to $18,000 Got it now, RedDuke. Seems very simple
  3. johnarb

    Crypto Critic Charlie Munger Sides with China

    I can appreciate what you said about making a plan and sticking to it and that would have worked since you mentioned you would have bought a set amount Tether started in 2014, but the actual tokens did not get distributed (printed) on the network until 2015 The 2017 bull market was because of...
  4. johnarb

    Crypto Critic Charlie Munger Sides with China

    With that kind of mentality, you would have sold all the BTC's you bought at $30 at a few hundred $ per BTC on the way up to $1200 or definitely on the way down to $150 Guaranteed you would have sold. You do not have the emotional strength to hodl on
  5. johnarb

    Bitcoin Could Become Worthless, But Billionaire Thomas Peterffy Will Buy More on its Way Down

    Prolly nothing... https://cryptopotato.com/bitcoin-could-become-worthless-but-billionaire-thomas-peterffy-will-buy-more-on-its-way-down/ Bitcoin Could Become Worthless, But Billionaire Thomas Peterffy Will Buy More on its Way Down Author: Dimitar Dzhondzhorov Last Updated Jul 15, 2022 @...
  6. johnarb

    Crypto Critic Charlie Munger Sides with China

    If you own the private key(s) to an amount of BTC's, no one can confiscate it If you disclose that you own those BTC's, then anyone can force you to transfer the BTC's to their address(es) Example: It is estimated that Satoshi has ~1 Million BTC's as he was primarily the only one mining in the...
  7. johnarb

    Crypto Critic Charlie Munger Sides with China

    You and I see the value of Bitcoin is more than just numbers go up. Without Bitcoin as a life raft, we would be unable to escape the fiat titanic risk of collapse or the CBDC future that is coming for everyone I don't know where I read it or maybe heard it on a youtube video, but it's something...
  8. johnarb

    Crypto Critic Charlie Munger Sides with China

    https://www.elitetrader.com/et/threads/bitcoin-175-this-morning-all-you-bitcoin-believers-still-comfy-about-it.288985/ Tether was being printed in 2015 and it did not do anything to help the Bitcoin price which was in the middle of a 3 year bear market ---------- You would not have been able...
  9. johnarb

    Alan Howard’s adventures in cryptoland

    When bitcoin and cryptos are going down in price, JackMorgan and his friends are creating several threads per hour and posting and replying to each other overwhelming the crypto assets forum...
  10. johnarb

    Celsius DeFi ponzi collapsing

    I'm a Bitcoin maxi and during crypto winters the best crypto asset that holds the value is BTC Sure it could be different this time, but I'd rather hodl BTC than any altcoin so over 90% crypto portfolio is BTC However, I'm not anti-altcoins. During a crypto bull market, the crypto portfolio is...
  11. johnarb

    Alan Howard’s adventures in cryptoland

    Prolly nothing... “He has a 10- to 15-year vision. While everyone was running out, he was running in,” the chief mentioned of Howard’s resolution to maintain investing in firms through the 2018 crypto bust. The tempo of those investments accelerated previously two years, and has continued...
  12. johnarb

    Comp Sci prof who doesn't think much of crypto

    There's fake volume for sure, but I think it's not a significant portion of the volume, unlike in 2017 when the Chinese and Korean exchanges were trying to attract new customers Nowadays, the industry is dominated by a few players, Binance, FTX, etc
  13. johnarb

    Celsius DeFi ponzi collapsing

    Welcome back, dude. How you've been doing with this crypto winter? I've mostly stayed on the sidelines, just following up on the same game plan from previous crypto bear market cycles I got into Celsius during the DeFi summer of 2020, what a fucking wild time in cryptos. Ampl was nuts, positive...
  14. johnarb

    Comp Sci prof who doesn't think much of crypto

    Whoa, you hate Russians, too, virtusa-is-a-liar?? Did you get violated in your anus by the Russians, virtusa-is-a-liar?? BWAHAHAHAHAHAHAH You can't keep your lies from being exposed, virtusa-is-a-liar!! You said you're a CTA, a cuckold trading advisor, virtusa-is-a-liar and now you're denying...
  15. johnarb

    Running my own Bitcoin node

    There are many guides on creating an Umbrel node using a raspberry pi kit, the image for the SD card is ready to go The great thing about an Umbrel node is you get a full Bitcoin node and Lightning Node in one, plus many many apps, I mentioned Mempool, but also there's Pi-hole or your very own...
  16. johnarb

    Comp Sci prof who doesn't think much of crypto

    WHOA!! WTF??!! Did I just get unblocked by virtusa-is-liar?? virtusa-is-a-liar, you must be getting very desperate, I'm going to bet that you have lost most of your clients because they got tired of losing money with you, am I right or am I right?? virtusa-is-a-liar, your ass-kissing is no...
  17. johnarb

    Running my own Bitcoin node

    For a full node running 24/7 https://umbrel.com/ I run an Umbrel Bitcoin and LN node over Tor, plus Blue Wallet connected to the node over Tor I have a NUC core-i5 running Linux Ubuntu. The nice thing about Umbrel is that it runs as a docker instance so installation, maintenance, upgrades are...
  18. johnarb

    Crypto Macro Trends for 2022

    I'm going to ASSume that you really do not understand the importance of Bitcoin self custody Let's say you have your $100K at Interactive Broker trading your favorite energy stocks, then 1 day, it was discovered that IBKR had exposure to EUR or Yen implosion and was cooking the books Your...
  19. johnarb

    Crypto Macro Trends for 2022

    Besides NGU, Bitcoin's value is insurance against the unthinkable I have families in Canada, but it could end up in the list above, it already had warning with that Emergency Act event recently, could happen again And many of these people in China, Sri Lanka, Turkey and other places could...
  20. johnarb

    Crypto Macro Trends for 2022

    *** Post is for entertainment purposes only *** Bitcoin should be going up in price but the "contagion" with Luna, 3AC, Celsius, Voyager, etc are causing BTC to go down I think soon, something will happen and BTC will spike up in price like in the good ole' days of Cyprus ------------- Sri...
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