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  1. The_Krakenite

    Bad Banks (Europe's version of 'Billions')

    I only realized this existed on the weekend through Kanopy. If you don't mind reading english sub-titles, Billions fans (may) enjoy the Euro version on a similar theme. Seems it's been out since 2018.
  2. The_Krakenite

    Bank Runs! What's Going On? - Patrick Boyle

    Exact same phrase I heard all over reddit when the initial covid-drop started. Then idiots went full retard on stupid shit like non-profitable theaters thinking they'd retire rich by buying shares 20% on discount.
  3. The_Krakenite

    To the bears whining about crypto---

    Now... they want a bail-out. They cried and cried, demanding a bail-out. --- The SAME FIAT mother-fuckers are at it again! The very same ones! Nothing learned... and you're all whining about crypto, when crypto doesn't even do bailouts at the tax-payer's expense. How many millions do you...
  4. The_Krakenite

    Is The Fed Listening? | ITK with Cathie Wood

    I forget who it was... Siegel or someone on CNBC who stated those in control will just blindly keep jacking up the rates until they break something. Well... seems we've got to that point. I can tell you the REIT sector is getting wrekt. I've been going through the financial statements and we've...
  5. The_Krakenite

    Bank Runs! What's Going On? - Patrick Boyle

    So... the lesson here is don't buy bonds with coupon payouts of under 1% If the interest rates don't go negative, then you're screwed. Got it!
  6. The_Krakenite

    Bank Runs! What's Going On? - Patrick Boyle

    If you're telling me the average American voted for Biden, then you are 100% correct about the irrational part.
  7. The_Krakenite

    Bank Runs! What's Going On? - Patrick Boyle

    Interesting, some will say that's what Bernanke said in 2007 :D
  8. The_Krakenite

    Is The Fed Listening? | ITK with Cathie Wood

    Released less than 24 hours ago...
  9. The_Krakenite

    Is Tether/USDT Still Safe?

    The fact that Tether is still in such a top spot, is what worries me the most. There is no good reason it should still exist. The fact that it's still being used, is what really makes me prepare for 'the apocalypse' of margin calls one day.
  10. The_Krakenite

    Coinbase Pauses Conversions Between USDC and U.S. Dollars as Banking Crisis Roils Crypto

    I can only assume it's because he missed the short. Had he shorted, he'd be all over CNBC again dictating how: Hell is coming! Unless... 'Hell is coming' gets interpreted as... holy shit - it's the end of the world, time for the tax-payer to fund a bail-out yet again!
  11. The_Krakenite

    USDC is de-pegging

  12. The_Krakenite

    Is the crypto winter over?

    Buwahaha! Reminds me of Canada's lying government. Historians here have lost count regarding the total # of times our government has stated: "This new tax," or "The raise in tax," was supposed to just be 'temporary'! Nothing is as definite as when the Canadian government tells you these are...
  13. The_Krakenite

    Is the crypto winter over?

    Actually, it DID collapse. We ended up kicking the can down the road... and now are paying for that insanity. Books and books were written on the everything bubble this insanity was causing, but no one wanted to face the reality... until it comes time to pay the piper. Everyone wanted to...
  14. The_Krakenite

    Is the crypto winter over?

    Well, today I broke my rule... and bought a tiny bit more of spot-crypto ETFs.
  15. The_Krakenite

    Crypto’s Center of Gravity Is Shifting Away from the U.S.

    I am not sure the Tax attack on BTC energy is co-ordinated either. I knew it was coming. I had been saying this on THIS VERY SAME FORUM for some time, and pointed out that the European Union had prior already put an out-right full ban on mining pre-merge, but then changed their ban within 24...
  16. The_Krakenite

    SVB Financial stock tumbles 22% after hours on reports of funds advising clients to pull money from

    22% is a tumble? You must have been in your diapers still when Bear Sterns took a 'tumble'. :sneaky:
  17. The_Krakenite

    Man has two more chances before $232 million is lost forever

    We have already mentioned the basics in the threads here, so I am not sure if you're getting forgetful in your age, but here are some basics: Before the 70s, it only took 1-working month for the average worker to purchase (in full) a car. This is precisely why every family had at least two...
  18. The_Krakenite

    Man has two more chances before $232 million is lost forever

    Interesting, I was always taught that's how the US dollar works ever since 1971 when the US defaulted on its gold obligations. Or is it a co-incidence the working class has been getting crushed bit by bit ever since?
  19. The_Krakenite

    Man has two more chances before $232 million is lost forever

    Well, to add my two cents... today I started my first accumulation of bond ETFs for the first time. The coupons are less than what you'll get from staked ETH and the rest. But... I'm happy to diversity my portfolio a bit more.
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