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  1. The_Krakenite

    Strike launches global money app to 3 billion people in over 65 countries

    Without crypto, that leaves only the Petroyuan for Americans in the near future. :sneaky: And just wait... for when the BRICs start their sanctions on America... :fistbump:
  2. The_Krakenite

    Dusting off my LEAPs again...

    I decided to take a deeper look at IBKR's tracking of cost-basis, as I was not 100% confident from past statements when doing taxes. From the current 400 shares I have already been holding of Sonos, the platform shows I'm just under $39 price-per-share for my average-price-per-share. I went...
  3. The_Krakenite

    What are you presently reading?

    In regard to the above mention book. I just finished reading it now. I very much liked this book. Copyright goes back to 1954, but a lot of what was said, is very relevant to today. Early on, I kept being reminded by Nassim Taleb's talks about Extremistan and Mediocristan in his own book The...
  4. The_Krakenite

    Is the crypto winter over?

    The US government is corrupt, we all know that. Year after year this keeps bring brought up, but (surprise), never gets fixed. Maybe before we worry so much about Mr. Bankman, we should worry about Soros. Here is a man who evaded paying taxes during his career. Not only did he evade taxes, but...
  5. The_Krakenite

    Is the crypto winter over?

    I am not sure FTX was a scam, but more of a failing company that decided to double-dip into restricted funds in order to try to gamble and save itself. Still illegal, but I'm not so sure it started out as just a scam. Quadriga is another story...
  6. The_Krakenite

    Tether makes 1.4BB in Q1, 2.4BB excess reserves, financial attestation from BDO

    That may be true, and something I have been thinking on for some time. However, the LONGER Tether is around, the higher chance the blow-out will occur. Also, the larger Tether becomes, the more destruction will occur. I remember Saylor getting very annoyed that those players in the alt-coin...
  7. The_Krakenite

    Strike launches global money app to 3 billion people in over 65 countries

    I think this is out-dated thinking. The only person who should be cracking down on Bitcoin is the entity who has the most to lose. And who has the most to lose? He who controls the next world's dominant currency. Here is a hint: China And what did China recently do? They Banned Bitcoin and...
  8. The_Krakenite

    Strike launches global money app to 3 billion people in over 65 countries

    But, this is what everyone else is either starting to already do, or have already done, as with Microstrategy. I'm not sure it's really any sort of... moat. I'm not any Bitcoin Maxi, but I am willing to bet there is going to be a lot of competition in this area.
  9. The_Krakenite

    Unsettled cash wrong calculated

    On the flip-side, you don't want to blindly trust your broker's T5008s when filing your taxes. Most unseasoned 'traders' find this out the hard-way! :thumbsup:
  10. The_Krakenite

    Dusting off my LEAPs again...

    I decided today to go for the plan on the 'right'. After some further digging around last night, I thought it may be best to short PUTs ending before August, to avoid the next round of possible bad-earnings reports with Sonos. Today at work, I set my planned strike at $15, for only two...
  11. The_Krakenite

    Your favorite trading quote(s) ?

    "Deploying more capital - steady lads" - Kwon "Catastrophic Loss Event" - Cordier
  12. The_Krakenite

    Dusting off my LEAPs again...

    Today was not fun again. During the day MicroStrategy shot up even higher. During my lunch-break at work I put in a limit order at a compromised price for the $200-Strike, not expecting to get filled. Then to my surprise I find out later MSTR dropped a tad from earlier and I got a fill. It...
  13. The_Krakenite

    Bonds Scanner

    What I would like, is a bond scanner that also shows you the credit-ratings.
  14. The_Krakenite

    Rocket ship stocks

    I definitely noticed my Netflix shares spike up today. Now I really regret I backed off from shorting PUTs on it earlier. I got burned very bad in the past along with Ackman on that one HISTORIC day... I learned a VERY valuable lesson... regardless of what the BOOKs tell you, you can NEVER...
  15. The_Krakenite

    Unsettled cash wrong calculated

    I may be just too stupid to 'get it', but how on earth is someone paying you 3.6 for a strike that is only $4? Is your vol at 500 or something?
  16. The_Krakenite

    Tether makes 1.4BB in Q1, 2.4BB excess reserves, financial attestation from BDO

    I also remember telling people that Luna was unstable and would go the way of Titan Finance as soon as there was either a down-swing or jolt (these always happen)... No one would listen, not even the 'billionaire' investors. What do you know, it did EXACTLY that! Algo-stablecoins never...
  17. The_Krakenite

    Is the crypto winter over?

    I shorted a LEAP on Microstrategy and got a fill. I am quite prepared to have the price drop through my strike at some point, but expect things to be looking good around the halving. Now I will play the sit & wait game while I figure what stupid stock (like Sonos) to pour my 8.3K into.
  18. The_Krakenite

    Tether makes 1.4BB in Q1, 2.4BB excess reserves, financial attestation from BDO

    Meanwhile... in the FIAT world (and not just America)... https://youtube.com/shorts/_iJf9YzxyTg?feature=share
  19. The_Krakenite

    Dusting off my LEAPs again...

    Not a good day for me... tech stocks all ran up, MSTR even hit almost 20 points. Just about everything went up, except for Sonos, lol. I may be lucky just to get 8K out of selling insurance on MSTR @ strike of 200. The more I try to wait for better fills, it feels the more tech runs away again.
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