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I'm ok with the SEC doing what they are doing vs Binance (if the allegations are true). Sadly, there is another side showing that SEC lacks evidence now. Honestly, we're at a point where an American that works in government is accusing someone of using/having WEAPONS OF MASS DESTRUCTION. Do...

The irony though, is there are dozens of Bitcoin ETFs on the Toronto Stock Exchange. No need to wait for the backwards Americans to finally get around to issuing one this century. Just look how long the world has been waiting for them to catch up to something as simple and basic as the metric...

Another 24 hours, and I'm up another $1400 on BTCc long CALLs. God help those who went short...

This is the wonderful thing about crypto. It still works by that old-school rulebook of letting dumb CEOs bankrupt their organizations with no bailouts or toxic moral-hazard.

I regret I did not load up on long-CALLs much sooner before the premiums ran up. Grrrrrrrrr! That's the problem in trying to time the market. I didn't expect Gensler to get slapped around so much by everyone, even by the judge involved in the Binance case. At this rate, even the 18-year old...

I believe part of their stupidity is they sold too much too fast and caused a noticeable drop. Not too bright... But that's how western governments operate. It's a requirement to be dumb I suppose.

:thumbsup: Good to hear (for those that didn't miss out). I'm up ~$700 just on the BTC calls alone from yesterday. Going to avoid closing out for small profits and go for the $250,000 big-win post-having. :sneaky:

Most boomers I have talked to don't even own any stock. And a few tried it before I was born, got burned, and never ventured back again. It's getting hard for me to find one who ever had a portfolio of stocks. Maybe it's just the places I've been to. I've had multiple fathers my whole life...

I found yet another copy of his book at another thrift store tonight. I should dig around to see if his first-editions may be worth anything, particularly since he is dead now.

Monday: June 19 Despite all the negativity vs crypto, suddenly a big (possible) catalyst for the upside is on the table. BlackRock has filed to get the first Bitcoin ETF. There has only been one time in their history where they have been denied for an ETF. Due to Mr. Fink's reversal on his...

I decided not to short more PUTs, as there are still downward catalysts as well. I will sit & wait for that to happen, then pounce and short vol if it occurs. In the meantime, I purchased the 100 PUTs, damn commissions are feeling expensive again, compared to my free-to-trade platforms :sneaky:...

No need to sell it. Instead of printing more $ full-retard Biden style, just donate it to Ukraine. :sneaky:They have addresses set up for Bitcoin/Ethereum donations for the war effort. Just ship it if they hate crypto so much.

No worries here up North in Canada. No one should really have any funds in Binance or Bitfinex as they've been banned long ago from operations, due to their black-box nature and other..... problems. I have to confess, I did sneak funds over on Bitfinex and that lasted for a while until they...

Now that Mr. Fink has reversed his stance of Bitcoin, I am forced by laws of asymmetry to lever up on BTC... Damn you! Next week I will most likely short PUT-LEAPs on ETH, and use the cash to fund long LEAP CALLs on BTC. When BlackRock originally got permission to issue their GOLD etf, look at...

Some will try to argue it is even better than the Ethereum Blockchain. After all, it was created by one of the original Ether devs, and made to be an improvement. But... Ethereum has first-mover advantage for Dapps, and good chance to still hold the dominant DeFi standard as the majority by far...

And again... tonight I took advantage of the sell-off in alts this week and bought more Cardano. I will keep staking until I die, or US tanks roll through Bay Street.

So they want to file chapter 11? RobinHood does nothing but burn off precious capital by the hour. They are not profitable, never been profitable, and will be de-listed before being profitable. And now they began to delist multiple crypto assets, as though they can't find enough pain to put to...

Stopped at the library today:

Hey, weren't you one of those saying that to defend FTX? :banghead: In my day, self-asserted geniuses used to say that about Enron too, because, how can you prove Enron of fraud when there are no certified audits to prove there is fraud? o_O Now I am seeing the exact same shit play out here...