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  1. johnarb

    NFTs, the next wave of stupidity

    Ethereum is a great crypto digital asset (smart contract) platform. There are10's of billions of $ worth of stable coins that have been issued and there are 10's of billions of $ of value locked in Decentralized Finance projects on the Ethereum blockchain Unfortunately, the Ethereum network is...
  2. johnarb

    NFTs, the next wave of stupidity

    IRS does not agree with you. I cannot claim a $7200 loss, only the value at the time of the transaction
  3. johnarb

    NFTs, the next wave of stupidity

    I learned from earlier mistakes when I first bought NFT's on Opensea and Super Rare and "lost" about 4 Eth. Lucky for me, the value of Eth at the time was about ~$300 The reason I consider them "lost" is that there's no real liquidity on those NFT's especially if there's not a "high reputation"...
  4. johnarb

    Morgan Stanley becomes the first big U.S. bank to offer its wealthy clients access to bitcoin funds

    https://www.cnbc.com/2021/03/17/bitcoin-morgan-stanley-is-the-first-big-us-bank-to-offer-wealthy-clients-access-to-bitcoin-funds.html Morgan Stanley becomes the first big U.S. bank to offer its wealthy clients access to bitcoin funds PUBLISHED WED, MAR 17 202111:02 AM EDTUPDATED WED, MAR 17...
  5. johnarb

    Bitcoin Price Thread

    Hi Bitcoin btc $61K :cool:
  6. johnarb

    Bitcoin Price Thread

    Hello Bitcoin btc $60K, let's keep it going!
  7. johnarb

    Bitcoin Price Thread

    Hi Bitcoin btc $59K :D
  8. johnarb

    Which broker for daytrading BTC with leverage of at least 10X ?

    Hit the daily withdrawal limit 2 btc, which is probably a good thing, since i kept selling as $chz is still going up. Got more chz to sell tomorrow, or maybe i could hodl for a day or two, just not on-board with the value prop of the project, mainly because not a soccer fan Interesting thought...
  9. johnarb

    Which broker for daytrading BTC with leverage of at least 10X ?

    Can't edit my post anymore. Anyway, will start to liquidate position to btc, too much too fast and I don't understand Chiliz project much [posting it in case anyone is trying to follow the long trade to $CHZ]
  10. johnarb

    Which broker for daytrading BTC with leverage of at least 10X ?

    Cryptos are freakin' awesome for trades, I personally don't see a need to use leverage... and it helps me sleep at night, a little bit I've had several annoying losers in a row, ~40% on bmxx (~$10k), ~20% on xmark (~3.5K), even cake was a winning trade turned into a small loser, but all you...
  11. johnarb

    As Price Rises, Bitcoin Demonstrates Value In Collateral Market

    https://decrypt.co/61104/bitcoin-lending-firms-see-explosive-growth-and-surging-demand Bitcoin Lending Firms See Explosive Growth and Surging Demand BlockFi, Celsius Network and Nexo have hit milestones in assets under management, as the Bitcoin lending sector takes off. By Tim Copeland 3 min...
  12. johnarb

    The Cryptocurrency Trading Journal

    Celsius pays out 80% of profits back to depositors and keeps 20%. How do they do that? See below (Lots of questions for Pomp on the thread, hope he replies, he's got financial interests in BlockFi)
  13. johnarb

    how to invest in DeFi companies?

    DeFi (Decentralized Finance) are not companies and more like community projects. You can purchase a specific crypto token associated with a particular DeFi project using a DeX (Decentralized Exchange) which is in itself a DeFi project You can find a list of of DeFi projects here...
  14. johnarb

    The Cryptocurrency Trading Journal

    [btw, i tried to stop myself from replying, didn't want to pollute your thread, but i failed] I lol'ed when I saw this. You clearly don't understand Celsius Network, and most importantly, you do not understand Alex Mashinsky, the billionaire founder Alex has 100 Million Celsius tokens worth...
  15. johnarb

    Bitcoin Price Thread

    "Pay attention, or you might just miss what Bitcoin is going to do next."
  16. johnarb

    The Cryptocurrency Trading Journal

    First of all, as I said on previous post, thank you for the post on BlockFi. I have initiated the withdrawal process of btc from there. I'm also going to withdraw the btc's from Celsius. I never did get around to depositing on Nexo since busy with yield farming on BSC The rest will be TL;DR :D...
  17. johnarb

    Bitcoin’s 2021 Returns Destroy Everything on Wall Street, Goldman Sachs Says

    MSTR stock down heavy has nothing to do with their btc holdings. MSTR has over $2B of profits on their btc holdings!!! TSLA stock is not down due to their btc holdings. Tesla is profitable m2m on their btc purchase! "correlation does not imply causation" If you think Bill Gates is your friend...
  18. johnarb

    The Cryptocurrency Trading Journal

    You don't know Celsius as much as the community of Celsians does It's a very transparently-run company, with actions verifiable on the blockchains I challenge you to find inconsistencies in the weekly numbers they publish every week via youtube videos $9.5B AUM and growing, 2nd only in btc...
  19. johnarb

    The Cryptocurrency Trading Journal

    Thanks for the info. Yea, Celsius and Nexo don't do that crap (i.e. taking unnecessary risks), imo, thisi is just pure greed on BlockFi trying to juice for more returns BlockFi doe have VC and wall street backing/funding which explains the bonehead greedy actions
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