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  1. johnarb

    Binance Probed by U.S. as Money-Laundering, Tax Sleuths Bore In

    Been busy all morning, trimming bnb and cake position quite a bit.. Binance did hire a couple of ex-US regulators and officials recently and they have substantial legal resources, I'd even say they can hire the best However, always good to lower risks when new information is presented
  2. johnarb

    Binance Probed by U.S. as Money-Laundering, Tax Sleuths Bore In

    https://www.bloomberg.com/news/articles/2021-05-13/binance-probed-by-u-s-as-money-laundering-tax-sleuths-bore-in Binance Probed by U.S. as Money-Laundering, Tax Sleuths Bore In By Tom Schoenberg May 13, 2021, 9:43 AM PDT Justice Department, IRS seek information about crypto exchange The...
  3. johnarb

    Bitcoin has topped.

    Congratulations, bro!!! You deserve it! Cryptos investing is very difficult on the emotions with all of the crazy ups and downs Every day has been surreal for me, tbh, so I know what you mean I've been selling for $ and only stop on weekends I still hodl most of the cryptos, and still believe...
  4. johnarb

    Bitcoin Price Thread

    On a somewhat related topic?
  5. johnarb

    Bitcoin Price Thread

    Hey Vanz! Yes, it is possible. This is a negative attention on bitcoin for sure I only saw it in the news but did not do any more reading on it. Hacking and getting paid in bitcoin or other cryptos is a normal occurrence as it's profitable for the hackers
  6. johnarb

    Charlie Munger calls bitcoin ‘disgusting and contrary to the interests of civilization’

    That's not same post I called nonsense. See below
  7. johnarb

    Charlie Munger calls bitcoin ‘disgusting and contrary to the interests of civilization’

    You typed so much, all you had to do was do research on bitcoin payment processors to understand what I'm trying to inform you NewEgg accepts bitcoin as payment Cheapair.com accepts bitcoin as payment If you had bitcoin and used on those 2 websites I mentioned, you will be presented by a...
  8. johnarb

    Charlie Munger calls bitcoin ‘disgusting and contrary to the interests of civilization’

    You should research bitcoin (crypto) payment processors before you post nonsense like that Bitpay, PayPal, Square, Visa and Mastercard... No currency risk for the merchants
  9. johnarb

    The Cryptocurrency Trading Journal

    I consider myself a crypto believer, in the sense that I'm not just in this for the money But, we have to survive, my last post was practically celebrating the fact that we have so much profits so far in this current bull market Almost everyone on crypto twitter are having all kinds of end of...
  10. johnarb

    The Cryptocurrency Trading Journal

    Everything makes sense now, lol You might have been confused by my "shocked beyond belief" reaction, as I was thinking I was in a twilight zone I thought that after so many years of being invested in bitcoin you were a crypto believer (I didn't say bitcoin as every crypto is the same at the...
  11. johnarb

    The Cryptocurrency Trading Journal

    I worked in IT in a big (lots of employees) and changes and upgrades to production are sometimes painful He's mainly talking about the value of a mature, reliable, production (distributed) system and that if trusting Billions (or Trillions), the participants would pick the most stable...
  12. johnarb

    The Cryptocurrency Trading Journal

    I really don't want to continue this, Daal and I promise I will let you have the last word after I mention a few things a blockchain without immutability = a very slow database You're very smart and you can seek how much truth is in the above statement A couple of things hypotheticals for the...
  13. johnarb

    The Cryptocurrency Trading Journal

    Whoa! I said that I do not want to start an argument, but seeing that just blows my mind, I do not even know where to start You think taking away the censorship-resistance and immutable portion of the decentralized cryptocurrencies is ok for the greater good??? I said I agreed with your points...
  14. johnarb

    CFO Of World’s Largest Hedge Fund Joins NYDIG To Focus On Bitcoin

    https://www.nasdaq.com/articles/cfo-of-worlds-largest-hedge-fund-joins-nydig-to-focus-on-bitcoin-2021-05-07 CFO Of World’s Largest Hedge Fund Joins NYDIG To Focus On Bitcoin CONTRIBUTOR Dylan LeClair Bitcoin Magazine PUBLISHED MAY 7, 2021 11:24AM EDT CFO of Bridgewater Associates, the...
  15. johnarb

    The Cryptocurrency Trading Journal

    Very good post. As much as I hate it, I agree with many of the points you mentioned on centralization risks I have been planning to trade/trim some of the positions out of BNB and Cake (for weeks now) I don't know if you follow any of the recent pump and dump spilling out into the mainstream...
  16. johnarb

    BNB

    That's a hard one to answer, depends if KCS can have all the same ecosystem as BNB. There's also FTT from FTX
  17. johnarb

    Defi Pool staking

    I think we're having miscommunication, defi is decentralized finance, the AAVE or any of the defi platforms like Compound, Uniswap, these are all decentralized apps on Ethereum blockchain, what you see as far as the website is only the front end to make it easy for people to interact with the...
  18. johnarb

    Defi Pool staking

    Defi is a catch all term, but to answer your important question, you don't need to run a node, but you need a local wallet (i.e. metamask holding crypto assets) to interact with a defi smart contract platform For example, if you want to connect to AAVE defi banking for depositing crypto assets...
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