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  1. The_Krakenite

    Crypto Cult's

    I had only purchased a tiny amount during the FTX dip/crash. It was to keep as a joke/token trophy... so no, I didn't see a point in dumping. I wasn't surprised to see more and more projects leave Solana, but then a miracle started happening and slowly a lot of devs came back and began to...
  2. The_Krakenite

    What are you presently reading?

    Yes, and so did I! It was worth a one-time read, though I agree with schizo, it would have been nice to give a few more details... I didn't know that Lehman Bros was such a shady and shitty place before.... I wonder if that's part of the reason Paulson let it burn to the ground in TGFC. Now...
  3. The_Krakenite

    What are you presently reading?

    Still reading through it this weekend. Some of it is filler that has more to do with a wedding in India than anything on Wall Street. Luckily the author has returned back to Lehman Bros again... --- "Gupta, can you sell me twenty-five million Fannie Mae 235 IOs?" Fannie Mae was short for...
  4. The_Krakenite

    Warner Bros movie 'Barbie' ticket sales top $1 billion ?

    I've tuned out of the WokyWood news for a while. How is Disney's "Snow Woke and the 7-politically correct things" doing?
  5. The_Krakenite

    Former NYSE President in Talks to Reboot FTX Exchange

    Well, for the Boomers who missed the boat so far...
  6. The_Krakenite

    Fidelity Bitcoin Criticisms Paper

    Not so fast! You are forgetting that the US dollar is also backed by the FULL FAITH (and credit) of the American people. :D Similar to every other failed religion throughout history...
  7. The_Krakenite

    Former NYSE President in Talks to Reboot FTX Exchange

    It makes perfect sense. And the Toyota Carolla will be re-started with a Mercedez Gullwing.
  8. The_Krakenite

    Is the crypto winter over?

    Seems, that miners aren't the ones doing so well (yet). Another lesson to diversify.
  9. The_Krakenite

    Former NYSE President in Talks to Reboot FTX Exchange

    Because.... climate change. You know.
  10. The_Krakenite

    Baron's Crypto Trading Journal

    In regard to real estate, they are not making any more of it. And Canada's failed liberal government has done its best to ensure that the bubble keeps inflating. We will see if your BTC prediction about stealing premium away from that sector is correct.
  11. The_Krakenite

    Baron's Crypto Trading Journal

    No Tesla for me. As for MSTR, holding onto my few shares and short-PUTs. I had planned to purchase more MSTR but the thing took off again. Doh!
  12. The_Krakenite

    What are you presently reading?

    In regard to the Gupta book, I'm only on page 40, but it's interesting so far. He was another follower of Ken Uston's methods for advanced card-counting. Surprisingly, he got hired for Lehman's front-office, despite not knowing shit about trading: --- "Bond prices are quoted as a percentage...
  13. The_Krakenite

    ‘Sam Bankman-Fraud’: Fallen crypto king found guilty on all counts

    It's hard to believe that this video was posted 11 months ago already (time flies). I guess it's fair to say it's stood the test of time (with a few minor nuances)...
  14. The_Krakenite

    The Cases For LINK - Chainlink

    I never did buy Chainlink. Came close a while ago, but added Polygon to my portfolio instead. In all honesty though, hard to go wrong by not just buying Ethereum. You're actually buying into the majority of DeFi when you think of it. Sort of like an S&P ETF. And you can get staking dividends to...
  15. The_Krakenite

    SBF jailed

    It's ok, Alex has a solution for SBF...
  16. The_Krakenite

    What are you presently reading?

    I found this on the shelf of my local library tonight. I don't have time for more books, but we'll see about that.... Kamal Gupta chronicles his journey from a professional gambler to a money manager at some of the world's largest hedge funds.
  17. The_Krakenite

    ‘Sam Bankman-Fraud’: Fallen crypto king found guilty on all counts

    IIRC, he made a huge payoff with a bet in AI securities. Enough that customers were getting a large chunk of returns back.
  18. The_Krakenite

    More Crypto Fraud

    Was watching earlier today Coffezilla talking about the case... But this was such an obvious rug-pull scam, was it really worth charging anyone?
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