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  1. The_Krakenite

    No, it's not wallstreetbets, it's Elite Trader bets (crypto edition)

    Every time I tell myself NO MORE TRADES for this year, some country takes a shit and I can't stop myself. Did a few minor trades today, didn't get the fills I wanted today on bigger stuff because market kept wanting to bounce, when I wanted it to plunge like Livermore was throwing out his line...
  2. The_Krakenite

    Rumor: Trump Will Create a U.S. Bitcoin Strategic Reserve

    Great post genius. Trump obviously was responsible for the Nikkei going through a repeat of Black Monday '87. People are sheeple... especially when buying into very click-baity websites. :rolleyes:
  3. The_Krakenite

    Bitcoin Price Thread

  4. The_Krakenite

    Bitcoin Price Thread

    Michael Lewis.
  5. The_Krakenite

    No, it's not wallstreetbets, it's Elite Trader bets (crypto edition)

    My report for this week: Dusting off my LEAPs again...
  6. The_Krakenite

    Was I right (lower btc in sight)?

    There are a few in the Journal part of E.T. Unfortunately, the majority of those threads end up not getting updated, and practically abandoned. I generally take that as a sign that things maybe didn't turn out so well. :banghead:
  7. The_Krakenite

    Bitcoin Price Thread

    Jump Trading has a bad track-record, not just in crypto, but also in basic decision making. Even when they get first-hand insider knowledge, they still manage to fuck the trade right up. The best was when they were able to get first-insight on who was going to win the Trump/Killary elections...
  8. The_Krakenite

    Dusting off my LEAPs again...

    Captains Log: Stardate Aug 3... The Great Vix Panic Little did I know this week that the vix would spike up to ~30! Thursday and Friday things began to sell off hard. Originally, I tried to take advantage during the sea-of-red starting Thursday. I set a small limit order for Greenidge...
  9. The_Krakenite

    ...And They Have a Plan. (Live.)

    There is no update, except that "Overnight" is just an alias for Navinder Singh. That's why he likes ES contracts so much. Not much of trading updates since he has to stay low for obvious reasons...
  10. The_Krakenite

    GME’s Roaring Kitty Accused of Pump-and-Dump lawsuit.

    It looks like everyone missed the irony in my earlier post about Andrew Left facing up to 25 years in prison for market manipulation.
  11. The_Krakenite

    Bitcoin Price Thread

    Thank you for doing your excellent due diligence and sharing this wonderful insight! You've finally convinced me to get out of BTC and park my wealth into a safe fiat haven such as the Zimbabwe dollar.
  12. The_Krakenite

    Nvda and law of large numbers

    I just took a look now at the Vix after you mentioned it. Sure seems elevated from the last time I looked. Though this is nothing yet, the war is ready to hit over-drive... meanwhile Yahoo Finance says today's selling off was due to US economic data. lol If that's the case, then we have a much...
  13. The_Krakenite

    The Cryptocurrency Trading Journal

    Snowden already said this would happen early on this year. He still knows how to tap into encrypted phone calls by CEOs and government officials, so why would it not be priced in? :sneaky: With US debt spiraling out of control, what other options are there? Austerity is not an option by western...
  14. The_Krakenite

    GME’s Roaring Kitty Accused of Pump-and-Dump lawsuit.

    What a plot-twist...
  15. The_Krakenite

    Bitcoin Price Thread

    Kinda like the housing crisis... Unsupported welfare state... The entire nature behind FIAT paper itself...
  16. The_Krakenite

    Rumor: Trump Will Create a U.S. Bitcoin Strategic Reserve

    How quick we forget that Trump donated to charity as well. 'His own money'. Oh, you didn't hear the left talking about the million he gave to Mexico, etc... no no no. All you heard was how he is clearly racist, "just because".
  17. The_Krakenite

    More Crypto Fraud

    Thank you for that little bit of philosophy. So because of a famous person (not even famous due to banking or trading), and a fraud hundreds of years ago, this magically counts as arguments for your case today regarding commodities? Do you even KNOW who the people are we just mentioned? Because...
  18. The_Krakenite

    Bitcoin Price Thread

    Let us understand your logic here... When Bitcoin rises in price, this is proof it is 'fucked' because Trump is manipulating it. When Bitcoin lowers in price, this is proof it is 'fucked' because Trump can't manipulate it. o_O
  19. The_Krakenite

    Rumor: Trump Will Create a U.S. Bitcoin Strategic Reserve

    Didn't Buffett request a million for meeting him during lunch? Prices are getting cheap.
  20. The_Krakenite

    MSTR as a defined-risk trade for asymmetric risk-reward

    But, this is a form of survivorship bias. Do not forget NVidia came so close to bankruptcy not too long ago. At one point, Apple was 30-days away from also bankruptcy when Jobs returned to pick up all the pieces. And Tesla literally came hours away from bankruptcy years ago. What about the...
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