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  1. The_Krakenite

    Profiting from Crypto meltdown

    Even if Satoshi were to come back from the grave, and immediately dump all his BTC on the market and cause some sort of flash-crash. That isn't going to change much with ETH, aside from causing a dip. The merge will still go through, DeFi sin't going to stop. More companies are building into it...
  2. The_Krakenite

    Profiting from Crypto meltdown

    A nice fairy tale, but none of us is ever going to get that lucky... particularly since the big Wall Street funds out there have finally caught up and isn't sleeping anymore regarding ETH.
  3. The_Krakenite

    Profiting from Crypto meltdown

    There was a co-ordinated attack on Luna from multiple fronts this weekend which caused the de-pegging. Looks like they picked the perfect timing for this. More details keep coming out...
  4. The_Krakenite

    Rats leaving the sinking ship?

    Buying the dip only works so long as the Fed put is there to save you... :sneaky:
  5. The_Krakenite

    What's going on with Luna?

    So, seems we know exactly how Luna got fucked. Turned out it was a single whale. LUNA drops 20% in a day as whale dumps Terra’s UST stablecoin — selloff risks ahead? https://cointelegraph.com/news/luna-drops-20-in-a-day-as-whale-dumps-terra-s-ust-stablecoin-selloff-risks-ahead
  6. The_Krakenite

    Rats leaving the sinking ship?

    ETH down to 2555 now... keep dropping... keep dropping a little more. Tried to see if I could go long ETH futures last night, but they were far too bullish going forward so I'm going to pass for now until they capitulate.
  7. The_Krakenite

    Cathie Wood of ARK Invest says she still expects to see significant returns over the next 5 years

    Oh, except for that ONE investor that dared to ask her a question (he knew the field). She got rid of him ASAP for questioning her. Remember that one? Guess that means there was ONE lucky investor(to-be) in the story.
  8. The_Krakenite

    Naederhoffer SUES the CME

    I'll have to go back to some records, IIRC he had a close call and came only 10 seconds away from blowing up before it happened the first time. How much further of a close-call do you think there is than that?! lol I have yet to read his 2nd book (it is on my to-read list, trust me), but I do...
  9. The_Krakenite

    Mini crash could have been known beforehand

    To be honest, we never did get this pandemic over with. Every day that goes by is yet another ticking time-bomb for a more dangerous variant to mutate. That would give ARKK quite a catalyst for the up-side potential?
  10. The_Krakenite

    Cathie Wood of ARK Invest says she still expects to see significant returns over the next 5 years

    Not too long ago I remember when Holmes's was this super-smart, and super-tuff genius dominating woman who was such a feminist hero and the best thing ever in our lifetime. We were supposed to cheer at clips of her dominating the men in the area. Suddenly you don't hear about that anymore. Now...
  11. The_Krakenite

    Comments on the "Bitcoin Black Paper" (Why Bitcoin is Worth Exactly 0)

    I must confess, I did not expect this thread to blow-up so much when I posted it. That said, my two cents here on Taleb. I don't exactly agree with him on a lot of things with crypto. However, I do confess he no doubt knows a lot more than me on many things financially. I like (most) his books...
  12. The_Krakenite

    Rats leaving the sinking ship?

    3 "uranium" if you think civilization can survive with it
  13. The_Krakenite

    Is BTC Reloading?

    Well, after the Nasdaq crash this week, and crypto discount this weekend, looks like I'll be rolling my Bitfuck short-puts on expiration Friday. Then again... a lot can still happen in two weeks. So many negatives, like Nuclear war, Chemical war, with very little up-side catalysts. JPow ain't...
  14. The_Krakenite

    What's going on with Luna?

    Longs who leveraged getting wrekt...
  15. The_Krakenite

    Rats leaving the sinking ship?

    For fuck-sakes don't hex it! Last time you said that it never happened. Grrrr....
  16. The_Krakenite

    What's going on with Luna?

    Well I'm confused what's up with the wonkey arbitrage? Why is it so fucking out-of-wack on the heatmaps? Now the disparity is over 16%. In any case, I will buy more Ethereum ETFs asap on Monday morning.
  17. The_Krakenite

    Rats leaving the sinking ship?

    Welp, my Ethereum dividends paid out yesterday. Now to cash them in on Monday for more ETH. With Murphy's law though, it will explode upward just to deny me a discount again.
  18. The_Krakenite

    Rats leaving the sinking ship?

    Nasdaq tech-wreck continues, surprisingly BTC/ETH is far less volatile, which is quite a new change. However, much of the paper-hands have already left the ship, hence the blue-chip cryptos have only slowly sold off as holders either try to sell enough to meet margin calls on tech-stocks, or...
  19. The_Krakenite

    Naederhoffer SUES the CME

    I wonder if anyone has a copy still of the time he was on CNBC and just got up and walked away. LOL People thought that was weird too, but so many times I've seen him in interviews (even on his own youtube channel), he does that often. I'm not even sure if he's aware of it. Maybe he feels too...
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