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Larry Fink can have all my Bitcoin that he wants. I just want the Ethereum that Bitcoin is wrapped on. lol

IBKR

At work today I noticed the huge jump in unrealized profits on my main portfolio. It wasn't until I got home later I heard the news. Good job for those who were riding LONGs (except for the ones that got walloped by Pepe's rug pull earlier this week). I had been debating on buying into the...

I prefer to trade LEAPs, so maybe a 1-year average or so... I like to have them expire in the next calendar year around March (if possible), so I know ahead of tax-time what to file. Though, trading out 2-years and sitting is not that uncommon for me too. I still have options I've been sitting...

The Pepe rug-pull by developers has to be the most amusing drama in crypto this week. I hope all the millennials got what they paid for :D For the people... buy [sic] the people. o_O Total wokeness.

One of the books I started this week. I am a few chapters into it, and it's boring as hell. So far nothing to do with crypto, but the author talking about how much a victim they were due to relationships with drunks, etc. Maybe it's true, or maybe they are just telling one side of the story. I...

Friday, Aug 25. Last night I went long a Micro-Ether futures contract through CME. It's been a while, and I wanted to get a little familiar again with trading futures as this is one of my weak-spots. Also, it seems CME recently added options on futures for their MET contracts. This is...

This is entertaining, watching the hubris of Americans with their useless paper melt away on a daily basis now. There are always those who want to just stick their head in the sand when a train wreck is speeding along right toward them.

Well, I did the trade this evening. One thing nice about the CME futures over equities is you can trade after-hours. Just one futures for now, and that will be enough for the rest of the year for me, haha. I also see you can trade options on top of the micro-ether futures now. Now that I think...

To be honest, I've been thinking tonight I may start to go Long the CME Micro-Ether Futures again tomorrow. It's been so long, that I barely remember how to trade these derivatives, lol. Maybe I should keep doing one or two each year just to prove I can sit in the saddle (no pun intended).

Meanwhile, Canada doesn't even have a single gold bar in reserve since the turn of the century. No wonder it's now the poorest nation in the G7. With the richest resources too, imagine that! Funny how fast liberal governments destroy countries when voted in. This takes a special kind of Trudeau...

I am so glad to see people struggling to try to make special accommodations. Remember, SBF came from the 'Everyone gets a trophy' generation. We don't need to risk snowflake meltdowns if we can prevent it. Any word on Bud Light sending him some drinks? How is THAT going?

Are we trying to be SERIOUS, like using Eliot Wave superstition, in serious trading? This is basically like using tea-leave patterns to plot a battle.

Breaking news, BNB is now under the $212 requirement level. In theory, he's getting liquidated (if you believe all the rumours).

Now that my Sonos short-puts expired worthless, I was waiting for a good spot to find something else. Thanks to the recent dip, I shorted 4 PUTs on CleanSpark. Interesting note, despite the dip, all my other contracts are STILL money-makers, which is interesting. CLSK is only down a few...

In all honesty, why would ANYONE want to purchase a home in woke California today? Unless you're some BLM activist who wants to squatter. There is not a single day where I don't see even more regression insanity of no law or order there due to defunding police and legalizing crime. Every damn...

You are beating a dead-horse here. He's brought up these flawed assumptions before and called out on it. Yet he's posting the same nonsense yet again. Yes, we've posted the 1971 charts showing the effects since the Nixon default on gold. But you can't teach an old dog new tricks I guess.

You can check the price history. The correlation almost makes them behave like twins. Some like to argue that BTC is the flight-to-safety, but it's not by much. And one can make a counter-case debating the fippening. In any case... the two don't seem to stray far.

In a roundabout way. The best explanation I have heard to date is "Owning Bitcoin means you are short the US dollar." I own very little BTC right now. I don't understand the shiny attraction to BTC when ETH can be used just as easily, but it has an impenetrable moat, which is why value...

Update: Coin360 shows BNB up over $218 and rising. Almost all other cryptos are accelerating upward.