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  1. M

    Bitcoin failed to deliver.

    First of all...if your bank account is seized, you're fked, period. You can open another bank account but you're still flat broke. You cannot seize a BTC wallet unless you were stupid enough to leave your coins on an exchange. There is a story of a convicted criminal who used malware to mine...
  2. M

    I called the oil carnage HERE two days ago .

    I honestly thought about that as well, but he's my daily reminder fo what desperation looks like. It's better to make money than to be right...not for this guy ^^
  3. M

    fortune favors the brave, Stay poor

    A guy who doesn't have the balls to put his money where his mouth is rambles about how fortune favors the brave. And as an excuse for not doing anything he claims that he doesn't want to get abused by the con men...clearly victim mentality. I find this quite amusing...I wonder who hurt him
  4. M

    Bitcoin failed to deliver.

    Yes, you still do. If you do an on chain transfer peer2peer, there is no such thing as whitelisting. If you decide to interact with Tier1 exchanges or other regulated entities that have strict AML requirements that's your choice. But if I want to send you 1 BTC you just give me your public...
  5. M

    Who and Why Borrow Bitcoin?

    That was their actual problem. Well established doesn't mean invincible
  6. M

    Who and Why Borrow Bitcoin?

    I bet a lot of the monkeys here on ET do that without even knowing. It's called margin lending and when you borrow a hard to borrow highflyer, you bet you'll pay double digit returns. Guess what the stock owner gets? Right, nothing. Compare that to Celsius where the stock (crypto) owner at...
  7. M

    Who and Why Borrow Bitcoin?

    Crypto borrow/lend is a huge business since you need capital to make markets in spot which is why a lot of firms borrow funds from Babel, Celsius, etc. The business model is easy: You borrow funds from retail and pay them a decent return, then you lend it out to firms for a little bit more...
  8. M

    Eurex Messaging Ratio

    it's called Order to Trade Ratio (OTR) You can find more information here under "Limit Parameter": https://www.eurex.com/ex-en/rules-regs/order-to-trade-ratio Be aware that these limits are subject to discretion depending on what you do and how you trade. Also be aware that you will be...
  9. M

    Skew delta quick and dirty?

    ..is rather expensive
  10. M

    Skew delta quick and dirty?

    not that I know of unless you get into prop stuff like itivity which
  11. M

    Bitcoin failed to deliver.

    Thing is, there is a need for a market that is free of boundaries which nobody controls. You can see that in the Eurodollar market. It's a market for interest rates that are not controlled by the FED nor any other government entity. The caveat, however, is the fact that only banks can access...
  12. M

    Bitcoin failed to deliver.

    You confuse survaillance with permission. If you do a bank transfer, you can click a button in your online banking account but the final decision for initiating the transfer is still done by a third party. If it doesn't like the transfer, it won't go through. On a permissionless system you can...
  13. M

    Bitcoin failed to deliver.

    anything can happen, but it's very unlikely. BTC mining is extremely professional today and once there is just the slightest chance of a potential monopoly a new competitor will fill the gap.
  14. M

    Bitcoin failed to deliver.

    look guys, crypto right now looks like shit, let's not be delusional. Big projects are falling left and right DeFi is getting hammered, so just buying anything and waiting for a pump like 2021 doesn't work right now. But that should have been obvious for anyone who has a little bit of...
  15. M

    Bitcoin failed to deliver.

    Nah, that's the wrong take my friend. BTC will exist as long as it fulfills it's purpose. As long as you can transact on chain and the network is large enough, BTC will not go away. It has way too many advantages to for it to just go up in flames. The pandoras box has been opened and it cannot...
  16. M

    Bitcoin failed to deliver.

    he doesn't trade anything...at least I haven't read anything from him that has even the slightest bit of substance
  17. M

    Bitcoin failed to deliver.

    BTC never was supposed to be an inflation hedge, that's only a narrative that evangelists, maxies and fanatics used to spread but if you ever dove deeper into it, you realized that has never been true. Just like gold isn't an inflation hedge or stocks or bonds, crypto isn't hedging anything...
  18. M

    Bitcoin failed to deliver.

    You stuck to that rule pretty well, since you don't even trade or have any position. I wonder how you like losing 10% each year from inflation...oups XD
  19. M

    I'm halting (most) purchases on crypto...

    exactly...because there are none :) Difference between a doomer and a trader...
  20. M

    Get into AXS now, or wait?

    Axie is doomed for now and there is zero reason to bottom pick this. Look at their timeline to figure out why.
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