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Justifying the client money misappropriation could have been more deftly side stepped by saying that it's quite common to use client assets for investments. That's how banks work with mortgages. They hold a percentage of client funds for regulation purposes and use the rest for lending out to...

Damn just read the Milky Eggs insider account. So maybe you right, it was too far gone. But let me preface it, as it's just a theory. Full article https://milkyeggs.com/?p=175 Fast forward to this week. SBF has been mean to CZ on Twitter, and CZ is going to teach him a lesson--make him...

Highly suspected? I highly suspected 9/11 was a Jewish conspiracy. I actually heard someone tell me this. He went into details about it. Let's not project our own bias into this thing. It's bad enough already. This whole crypto thing was just one big altruistic ruse. Free yourself...

After the VOX interview, it turns out it was all a crock. Dude grew up with wealthy parent living a privileged life. It turns out "effective altruism" is just a term used by privileged white kids who want to pump up their own self worth by "doing good for humanity". But as long as they get...

I don't think you understand what I mean when I said "means justify the ends". SBF talked about giving away his fortune to do good ie similar to what the Gates/Buffett are doing with their billions. Using that fortune to help mankind by solving cancer and such. But his "means" to accomplish...

Lol, whoa dude, you seem to be pretty upset with CZ. Did you lose a ton of money with him? Hadn't heard Binance losing a million accounts their money. That's apparently the number of people with FTX accounts that will be applying in bankruptcy court. Just read the wiki page, nothing about...

The one thing that is true after people dug deeper into this stuff was that both these guys were not choir boys. Apparently SBF had done shorting to take out 3AC and some other firms when they were weak, as well as did something against Binance in 2019 (?). Not to mention that SBF also...

There definitely was a lot of hubris. If he was fully cognizant of how bad his situation was (which I doubt he understood), he would have done a complete accounting of his assets/liabilities and then sold off a decent amount of his equity (could have kept 51%) to shore up his book. It boggles...

I believe CZ thought FTX was stronger than it was. Announcing the sell was gamemanship but I believe if he truly understood how precarious FTX's position was, he would have tried to collaberate with SBF to shore things up. FTX going down, has really set off a domino effect that hasn't ended...

Media was portraying CZ as a villain, taking down SBF/FTX. This interview doesn't seem to indicate that he wanted to destroy SBF out of spite/revenge. He mentioned that the industry is nascent and could grow 10x so plenty of opportunities for everyone. If their relationship was better and...

Yeah that too.

All I care about was doing the same executions as him. I don't care if you are some amazing video game player with super fast twitch reflexes and world class brokerage software. "Taking profits" in that chaotic mess of price actions is HIGHLY unlikely. Man I wish he would take up the...

I'm unconvinced about Cameron's "results". There was a time when I was open-minded to his strategies. What left a bad taste in my mouth was when I tried to trade live with him at the same time. He uses LightSpeed. I had Cobra with Das. 2 top notch brokers/data providers. The YouTube chart...

Evil Demons? That is a bit extreme but I get your point. These furus lying about their results is unacceptable, as the newbies are taken in by those numbers. No matter how a guy like Ross Cameron comes off as an aw-shuck, midwestern nice guy, the fact that he's lying about his numbers means...

Why do you think he can't trade? Shorting small cap is not for the faint of heart but it is a viable strategy. Just listening to his actual data-backed analysis, it has as much merit as any other traders.

Exaggerated? Sykes was a petulant kid who got lucky with the market. The show accurately reflected that. Some of the things that came out of his mouth on the show was cringe-worthy. But with time and age, the dude did figure out the easy money was in selling "knowledge". He also...

Right now TSLA has the vision and just needs to execute. If Musk is gone. Then they need a Cook ala Apple to run the place and it will be fine.

Dude has been bordering on stock/crypto manipulation with his tweets. Don't think the SEC hasn't been watching. As for TWTR, his flaking out I think will cause the courts to penalize with either buying the company or buying a much bigger penalty than $1 billion. Musk forces TWTR to sell...

Yeah, I think the inflation readings will lighten up going forward. That should boost stocks.

That's true. Musk is a genius but TWTR drama is a definite drag on the stock. It spiked up when he bailed on the deal but I think TWTR has a strong case.