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You don't see the technological advantage over other currencies that are managed so that supply always increases and new currency units always go to a favored class? Seriously? Or the nearly 0% fee for transfers compared to 2.7% charged to merchants by banks? Or the fact that there is no...

Widely held, decreasing supply (yes, for real. I'm happy to discuss details if you'd like), technological advantage over currencies, gold silver, etc., history of demand and faith (ala gold).

Trading crypto seems to have over shadowed crypto and blockchain technology. It is very interesting that people are so blinded by price and fraud. Both price and fraud are very emotional. For small minds it is easier to just throw them all in the same bucket and get all emotional about it...

Wow. The devil is in the details. lol. Those are some crazy broad brush strokes you are using. The dotcom boom produced some excellent technology that business is built on today. The world really pivoted at the time. I remember it well and worked in tech as an engineer through it all...

Only a fool thinks they can know. You average in over long periods of time near the bottom of cycles.

All speculative activity is on ice and prices are dumping: tech stocks, collector baseball cards, crypto, day trading, IPOs, etc. If you don't look at Bitcoin in this context you are missing the boat. Crypto had large leverage wound up in it by people overseas. As speculative assets all got...

JackMorgan, since you love to brag about your shorts I'd like to direct your attention to CPTN on Feb 17, 2022. Also a recent IPO at the time. It went up 10X into multiple volatility halts, all back-to-back. There was absolutely no liquidity to cover your shorts and I mean that literally as I...

You didn't get your degree in math, huh?

The amount is an estimate but this statement is correct. Total Bitcoin supply will fall in the years ahead. Just like the value of fiat currencies fall forever because supply always increases, bitcoin price can go up forever because supply will always be decreasing. I realize this warps minds...

The stocks you have identified have very large spreads that eat most of your profits. You have not properly accounted for outlier conditions that prevent you from covering a short in a squeeze. So your stop loss is fiction and not achievable. Each year there are 2 or 3 days where a stock...

You believe, "the wheel strategy ... shouldn't be hard to make small profits". Huh? It sounds like you are just selling insurance and somehow think this places the odds in your favor for making money. That is not true so only one of two things can be true: 1) You have a more detailed...

Crypto companies will go bust for many years. It's the wild west of speculation. Was similar during the dotcom boom in the 1990s. Lots of great things came out of that time. If this is all too hot for you to handle then just step aside and invest in more buggy whips.

That is incorrect. Or maybe you and I are just using different semantics. The blockchain is public record. They do know which wallet the funds went to. But there is no ability for a central authority to remove tokens from a wallet.

If you want to bet on a particular smart contract to behave in some particular way then you accept full responsibility for the losses and benefits. No one bails you out just like no one bails you out when your penny stock bites the dust. In this instance people believed this was a bridge...

"stolen" doesn't seem to be the correct term for these smart contracts that operate in unintended ways. Engineering design is hard. It doesn't always go as planned. People need to give these things time to get beat up and tested well before depending on them with significant amounts of money.

Do you think RenTech took a quote like that to heart? You build trading skills and strategies. That is what you take with you from one day to the next. No different than anything else in life.

The binance CEO is absolutely brilliant. Have been following him for years. If it weren't for regulators I doubt Coinbase would have ever gone public. Binance is so many years ahead with their technology and only regulation keeps them out of the US. Keep in mind that Binance.us is not...

They absolutely did. Go do some reading. I lived through the introduction of the computer mouse and modem into the office. It was laughed at as a gimmick and entertainment device. Crypto is far more than just a payment system. Smart contracts are revolutionary technology similar to the...

Identical responses to the bicycle, light bulb, horseless carriage, dialup modems, computer mice, Internet, e-commerce, etc. I'm sure you feel confident crypto is entirely different. That was a very common feeling about all those other things too. Engineers who really understand blockchain...

Coinbase did not reject/refuse the transaction. Transactions don't "kick back". Blockchain doesn't work that way and I won't explain it since your prior posts make it very clear you do not care how it works.