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  1. The_Krakenite

    Oil spike ?

    Well I don't know, what are you basing this on? Fibonacci, candle-stick patterns, or tea-leaves & palm reading? All of these give same insight. Maybe we should throw in constellation readings too, just to be sure. :p
  2. The_Krakenite

    An analogy for Coinbase from the 90s

    I can't remember if it was this year, or next year that Kraken was supposed to IPO. But they sure missed target, and won't get near to what they could have now that the euphoria is over and SPACs have died a deserved death. Now that the perma-bulls got taken to the cleaners by the HOOD IPO, and...
  3. The_Krakenite

    How was this crash obvious?

    Dude, I just woke up and have to go to the library, I don't have time to see how many thousands more I lost or made today. Will check in when I'm done driving my mom around.
  4. The_Krakenite

    An analogy for Coinbase from the 90s

    All I know is... I'm most likely going to be rolling my short-puts on COIN for a long time... haha. Don't bet against Chanos...
  5. The_Krakenite

    How do y'all stay on top of everything, all the time? 2022 edition

    Anyone use IBKR's windows like Daily Lineup, and Trader's Insight, etc?
  6. The_Krakenite

    The race to zero in endless online brokerage-fee war already has been won

    Well, since you had to bump up this ancient thread again... :sneaky:
  7. The_Krakenite

    An analogy for Coinbase from the 90s

    I posted a while back regarding Chanos shorting COIN. Of course, there was talk about dumb-Chanos and he's an idiot, etc. COIN is a cash-cow... How now brown cow?
  8. The_Krakenite

    Warren Buffett gives his most expansive explanation for why he doesn’t believe in bitcoin

    I guess you didn't understand sarcasm. But to educate you, the rest of us all know it was Hal Finney. But since he died in 2014, it is pretty much certain you won't ever see those Satoshi coins move. This is one of those rare cases, where someone really did take their riches to the grave with...
  9. The_Krakenite

    Warren Buffett gives his most expansive explanation for why he doesn’t believe in bitcoin

    Every time I pray for that, someone gets mad at me for wishing that :( There were a couple times where ETH fell to the 2400-2200 market level this year. As I had warned, that firesale may not last very long, and it didn't. Those who delayed watched the opportunity run away, just like they did...
  10. The_Krakenite

    Warren Buffett gives his most expansive explanation for why he doesn’t believe in bitcoin

    A 1.58 billion loss, after a 5 billion gain, is still a huge profit. Are you sure he's cranky about it?
  11. The_Krakenite

    How was this crash obvious?

    Looks like Bull-Trap it was... unless Monday turns out to be a double-bluff. Haw! My portfolio is getting decimated, but that's ok. I plan to start the Rolling Machine and just push-back all my losses just like Karen aka The Super-Trader style. Desperate times take desperate measures. I may...
  12. The_Krakenite

    Warren Buffett gives his most expansive explanation for why he doesn’t believe in bitcoin

    To be fair to buffet, I'm sure he knows a lot more about financials than all of us put together. However, some people just couldn't see the 'motorized' horse-carriage replacing the former... When you've spent ALMOST an entire century in fiat, it can be hard for some to think outside of that...
  13. The_Krakenite

    SafeMoon scam continued...

  14. The_Krakenite

    Warren Buffett gives his most expansive explanation for why he doesn’t believe in bitcoin

    So, why doesn't Dan Pena just place SHORTS on it and then come out and tell us who it is since he knows him? Then he can get a trillion bucks easy because it will hit 0... Why not? Why doesn't he tells us who it is? Hmmm!!!!!
  15. The_Krakenite

    book suggestion?

    Depends on their competence level. I am going to assume it's 0. That said, I guess the Rich Dad/Poor Dad stuff is an ok start.
  16. The_Krakenite

    I intend to open an online clothing shop in Ontario.

    Well I can't really help you there. But I do have a lot of short-puts on Gildan which I am ok with getting assigned. I like the stock, personally I'd just invest in them, let them do all the clothing work, and you collect the dividends :sneaky:
  17. The_Krakenite

    Cathie Woods says spectacular returns over next 5 years. You gotta laugh.

    I've noticed the goal-posts have been shifting. Before when it turned all south, the posts were moved to a (5-year time-line). Lately I've seen this change to 5-10 years. I wonder how much further these posts will move in 10 years from now?
  18. The_Krakenite

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

    Well, looks like someone from the Motley Fool is backing her up...
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