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At the rate it's going, Tether will overtake China, and even Japan in owning US Debt, ehh? A little odd how not even ONE institution could so much as vouch for even a little bit of the commercial paper Tether used to claim they had transacted. With the large amounts they claimed, it would not...

Well with a title like that, there can't possibly be any bias :sneaky: Must be perfectly legit and without question! The new woke-science.... By the way, even regulated FUTURES entities have co-mingled funds (and blown up), this is not just a problem with crypto exchanges. Do we label all...

Gemini Says Genesis Parent DCG Missed $630 Million Payment https://www.coindesk.com/business/2023/05/22/gemini-says-genesis-parent-dcg-missed-630-million-payment/?utm_medium=referral&utm_source=rss&utm_campaign=headlines DCG misses $630 million payment due earlier this month, says Gemini...

It will come when the Tether bubble pops, the problem is getting the timing right :sneaky:

Canadian markets are closed this Monday, while US markets open. So I get to sit home today and look at some of the new color schemes I enabled on IBKR. First here is the new layout ordering for my Financial Instruments (actually, I see I already posted this layout in an earlier post). I will...

I just noticed last night, Curve certainly seems to have fallen down the list from the good-old-days. I also confess, it almost makes me wince, since it's been related to multiple disasters. These were not exactly the fault of curve, just the way curve was implemented with other disastrous...

In regard to volume, stock-volume is often mis-represented. Yet 99% of day-traders don't know this, but will act like they can read this from the tape :) Let's say we want to know the volume of Toronto Dominion Bank, or the Royal Canadian Bank trading on Canadian domiciled territory for the...

It always annoys a lot of historians here (and I guess me also) when people think WW3 hasn't really started yet. It's a wrong nomenclature, since historian professors will tell you straight up, the first WWI was simply named the Napoleon era wars though, so that's where the nomenclature first...

We haven't even mentioned the bankrupt social security in the US yet....

Not quite. If you meant the US Dollar, then it already is collapsing. It's just doing so in slow-motion (for now) as it becomes constantly debased at unprecedented rates. If you meant USD-C, then it will last at least as long as Tether, if not much longer. USDC is backed 1:1 with real dollars...

Well, a number of insiders with Tether were ALREADY arrested and have criminal records from BEFORE Tether was an actual thing! But, I am sure they are all well reformed now and really nice guys. They just operate out of the Cayman islands for... reasons. Ehh? Perhaps, the investigation results...

The problem with DTE, is it has very little effect when there is a very deep ITM move like this. Any time you drop a few standard-deviations, time value goes to 0, even if you still have months left before expiry. Think about it. Even if you have what are lots of (days) TIME left, when the...

"Huge" Bearish Bets Gone Wrong Cost Carl Icahn $9 Billion In Losses https://www.zerohedge.com/markets/huge-bearish-bets-gone-wrong-cost-carl-icahn-9-billion-losses

Bro... your profile says you are 37 years old, are you really, or did you just learn investing/trading yesterday? I lived through Madoff, Enron, Worldcom, Nortel, and even watched my own mother get fleeced by Bre-X. These companies ran these scams, EVEN with Arthur Anderson and other auditors...

If you remember (well maybe you don't because you may be new to crypto), is Tether did a Ninja-edit on their documentation. It used to be Tether was SUPPOSED to be backed fully by $. Well surprise, surprise, that was secretly changed to a non-explained mixture of crypto-currencies. No details...

Whoops. Sorry. I was thinking too much on my flux-capacitor and my parked DeLorean outside... I'm just glad I didn't buy STOCK in the company during the early 80s.

Well, the good news is T-1 settlements are coming soon to Canada as well. Though then we'll be arguing why we can't have T-0 settlements, and then real-time settlements. Though I see a lot of more nasty exploits and big problems with those when/if they do happen.

Similar reasons to why Sam Bankman, or anyone else lying in financial business to the public would. USDC dying is more bad news for Coinbase and another nail in their coffin. But USDT at an all time hight is bad news for everyone else but the fraudsters behind it. As I said with Luna & Titan...

At least you get to collect your staking dividends while waiting for a greater fool to come along. :sneaky: Rule #1: Don't bet against the House Rule #2: Don't fight the Fed Rule #3: Don't doubt the Yield-curve Rule #4: Don't outsmart the Ethereum

I think you have this inverted. Or I am not understanding fully. Gold: Amount grows 1% each year due to miners. Bitcoin: Grows (but halves the increase-rate ~ every 4-years) from miners. Gold will grow until it's fully mined from earth. Bitcoin supply will grow until the hard cap of 21-million...