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  1. Baron

    Will Elite Trader please take a stand against dangerous anti-vaxxer bullshit?

    Whatever happened to the good ol' solution of simply not participating in threads that annoy you while continuing to participate in threads that don't annoy you? Or are you saying that all of them are annoying you? :D
  2. Baron

    Will Elite Trader please take a stand against dangerous anti-vaxxer bullshit?

    What specifically is the misinformation you are referring to?
  3. Baron

    Baron's Crypto Trading Journal

    The price is dropping because recently there has been more capital leaving bitcoin than going into it. This doesn't mean the sellers are smart in doing that. Last year we saw the same thing happen. The china FUD came out and sellers dumped from a high of $63k all the way down to $30k. Three...
  4. Baron

    Baron's Crypto Trading Journal

    That question is unanswerable. That's like asking who the counterparty is when you do a stock trade? Who the heck knows?
  5. Baron

    Baron's Crypto Trading Journal

    Read the quote above and then answer this question. How can a large holder cause a big drop in value if coins aren't being dumped by that holder in huge amounts?
  6. Baron

    Baron's Crypto Trading Journal

    Every single one of your arguments I have rebutted with facts. You seem to have grasped onto a belief system that has you convinced, or at least extremely fearful, of the possibility that the entire crypto system can collapse at any second from some anonymous big whale dumping a huge bag of...
  7. Baron

    Crypto Lending Firms Celsius Network, Gemini Face SEC Scrutiny

    Honestly, the speed at which the entire crypto/defi space is moving is literally making the entire regulatory / banking world look like the slow-moving sloth it is. They are not prepared in any way to deal with this level of monetary system transformation, and I mean transformation from the top...
  8. Baron

    Crypto Lending Firms Celsius Network, Gemini Face SEC Scrutiny

    Right! Because they are!
  9. Baron

    Crypto Lending Firms Celsius Network, Gemini Face SEC Scrutiny

    It would sure be nice if the SEC would get through their year-long lawsuit with Ripple labs first to determine whether XRP is a security or not before they start worrying about interest being paid on tokens that have also not been ruled as securities.
  10. Baron

    Baron's Crypto Trading Journal

    Great response. I have nothing more to add. :D
  11. Baron

    Baron's Crypto Trading Journal

    You're still stuck in the analog way of thinking instead of the digital way. There have been many profound changes in our lives that brought immense value and efficiency through the digitizing process. First, we digitized knowledge. We used to go to Barnes and Noble for physical books to obtain...
  12. Baron

    Baron's Crypto Trading Journal

    If there was that much fraud involved to corner a trillion-dollar market like Bitcoin, the last thing that the fraudster would have to worry about is some financial regulator. Every criminal investigator on the planet would be on the hunt for that person. Even the most sophisticated hackers and...
  13. Baron

    Baron's Crypto Trading Journal

    You couldn't corner a market or manipulate the market in any significant way using some obscure exchange with little to no volume and no KYC rules. You'd have to go where the liquidity is, and all of the top worldwide exchanges require multiple forms of identification to open an account. You're...
  14. Baron

    Baron's Crypto Trading Journal

    Let's look at how the other top cryptos compare in terms of scarcity. I'd like to call your attention to the "Circulating Supply" column so you can really see the difference in scarcity between Bitcoin and the other cryptos. Then I want you to look at the corresponding price of each so you can...
  15. Baron

    IMF Urges El Salvador to Discontinue Bitcoin’s Legal Tender Status

    If I was the president of El Salvador, I would put out my own press release: "El Salvador urges IMF to embrace Bitcoin for the benefit of all nations."
  16. Baron

    Baron's Crypto Trading Journal

    No. Correct me if I'm wrong, but I think the question you were trying to ask was "What are the characteristics of Bitcoin that would make it valuable in the first place?" Is that a fair assumption?
  17. Baron

    Baron's Crypto Trading Journal

    That may have been the case 5 years ago but not now. All of the major crypto exchanges have implemented KYC processes to ensure that each customer's identity is verified through at least two or three methods. Gemini made me upload my driver's license, passport, and a document such as a utility...
  18. Baron

    Baron's Crypto Trading Journal

    How is that different than trading stocks? There are majority shareholders in every stock out there. If they decide to sell at any point, it's going to move the market for that stock... period.
  19. Baron

    Baron's Crypto Trading Journal

    The question you asked in the second sentence was answered by your statement in the first sentence. :D
  20. Baron

    Baron's Crypto Trading Journal

    That logic applies to any currency, not just Bitcoin. How someone accumulates money is by offering a compelling product or service that saves people time and brings value into their lives. If a few people accumulate the most money over time, then they obviously deserved it. For example, I...
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