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  1. johnarb

    Crypto Macro Trends for 2022

    Short eth perp futures @ $1,124 stop loss @ $1,147 Cryptos have been on an uptrend since this morning, might be trade against a headwind, anyway, giving it a try Made 4 short eth perp futures trade past couple of days and muscle memory may be locked in on that mode
  2. johnarb

    Tether collapse journal

    Metamask is very easy, try installing it on your cell phone or Google Chrome browser and buy some Eth, USDC or USDT from Coinbase and send to it There was no issue with USDC in the past and I have used it. The problem only started recently with the Tornado cash OFAC ban There's a lawsuit...
  3. johnarb

    Tether collapse journal

    USDC is not truly decentralized. It's issued by a US company that complies with OFAC An example on how this would hurt you is if someone dust attacks your wallet address with a Tornado-linked crypto asset This happened to many famous *.eth people who registers their wallet address through an...
  4. johnarb

    Tether collapse journal

    I own over 50K Tether USDT right now. I can easily swap to USDC or BUSD or any other stablecoin for very little cost I deserve to get burned if Tether fails I choose Tether as my stablecoin
  5. johnarb

    Genesis Suspending Client Withdrawals for Lending Arm Citing 'FTX Impact'

    What I meant was that Genesis earned their money from traditional finance business deals like facilitating otc deals and earning a fee, or providing banking services, financing loans. I don't even think Genesis owned any significant crypto assets? Genesis business is focused on crtypo assets...
  6. johnarb

    Genesis Suspending Client Withdrawals for Lending Arm Citing 'FTX Impact'

    Genesis is a traditional finance company that was fucking around with crypto assets lending Genesis reported $12.5 billion active loans outstanding and processed over $130.6 billion loans in 2021. "He who lends what isn't his'n, must buy it back or go to pris'n." ----
  7. johnarb

    Genesis Suspending Client Withdrawals for Lending Arm Citing 'FTX Impact'

    No one was offering 17% APR on BTC, the highest I saw was 6%, but it's based on supply and demand, it got down to 3% this year and even lower When the bear market started, everyone wanted to just hodl and deposit for yield, so there was an over-supply ---- Genesis parent company is DCG...
  8. johnarb

    When will all crypto collapse?

    I know I'm supposed to say NFA, but the perpetual futures on cryptos are really good for trading cryptos on leverage It trades 24/7/365 none of these Thanksgiving holidays matter With $1,000, you can easily short or long 10 full ETH, and to get liquidated, that's a 100 point move I'm on \my...
  9. johnarb

    Genesis Suspending Client Withdrawals for Lending Arm Citing 'FTX Impact'

    They lost big on the 3AC bankruptcy and plus had to absorb-buy the GBTC collateral $2.4 Billion from memory Genesis is the biggest crypto asset yield lender, Gemini Earn, Coinbase, Fidelity, plus for the institutions, the big guys who wanted to earn yield on their cryptos They have duration...
  10. johnarb

    JPMorgan officially registers a cryptocurrency wallet trademark

    ... https://finbold.com/jpmorgan-officially-registers-a-cryptocurrency-wallet-trademark/ JPMorgan officially registers a cryptocurrency wallet trademark Paul L. CRYPTOCURRENCYNov 21, 2022 American banking giant JPMorgan (NYSE: JPM) continues to advance in the cryptocurrency sector, with...
  11. johnarb

    Bitcoin Price Thread

  12. johnarb

    Crypto Macro Trends for 2022

    Closed btc perp futures long position @ $16,248 Very oversold conditions based on the angle of the MA in relation to the candlestick, but I'm trying to clear my slate and may hold a short perp futures position overnight instead
  13. johnarb

    Crypto Macro Trends for 2022

    Update on the long btc perp futures position. Still active, and has not been liquidated, yet Many bad news incoming this week (starting tomorrow) with the DCG-Genesis-GBTC mess and all other possible fall out with FTX-Alameda contagion I'm thinking of closing out this position and watching...
  14. johnarb

    Baron's Crypto Trading Journal

    FTX stole the bitcoins and other crypto assets from the customers who deposited them. Transferred them to Alameda who acted as MM who sold them to the FTX customers, but everything was fake Customers buy bitcoins and other crypto assets, then if they don't withdraw in time, they are...
  15. johnarb

    Genesis Suspending Client Withdrawals for Lending Arm Citing 'FTX Impact'

    Actually, this is part of the rules of the capital markets. The funds or the companies that issue the stocks are accountable to the investors that provide the financing for their operations GBTC structure as broken down by the wordings and explained on Twitter that when it is dissolved, the...
  16. johnarb

    Genesis Suspending Client Withdrawals for Lending Arm Citing 'FTX Impact'

    POS is not modern. There has already been a Bitcoin fork that is POS that has been out for more than 10 years, called Peercoin https://coinmarketcap.com/currencies/peercoin/ The goal and value prop of Bitcoin is to have the most secure, decentralized, censorship-resistant p2p money that anyone...
  17. johnarb

    FTX collapse was not a liquidity crisis

    SBF is a trojan horse, a Fed agent, a government operative sent by the banking cartel, elites and US G to suppress and destroy Bitcoin and cryptos he probably won't spend a day in prison.... or he won't kill himself
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