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  1. The_Krakenite

    Peloton - really people?

    And here are the results from the FIRST Peloton-type stock... :D Ooops. Never mind, that was something else that wasn't supposed to happen. Nothing to see here folks!
  2. The_Krakenite

    PayPal is finally allowing users to move their cryptocurrency to other wallets

    Paxos seems to be getting around. I had never heard of them before until IBKR started to partner up with them. Since Peterffy gave them the OK to trust the brokerage with them, I guess they can't be too bad.
  3. The_Krakenite

    Roy Niederhoffer on crypto...

    Ouch. I have that book in my library, just never got to reading it (yet) because I hardly see anyone mention it worth reading. I had been planning to get to Triumph of the Optimists soon, because all my other books are so 'end of the worldish' right now. I had also been planning on 'Diary of a...
  4. The_Krakenite

    Roy Niederhoffer on crypto...

    The tiplehalvening of ETH is expected to be spectacular, the only issue is that it may be priced in already. That said, the only major downside is that there is so much ETH locked up in staking, that there will be some downward pressure when profit-taking starts...
  5. The_Krakenite

    Roy Niederhoffer on crypto...

    You've got the wrong person mixed up with wrong charts... It was Dr. Victor Niederhoffer that was short-vol and got crushed in the crash of 97. Roy Niederhoffer plays opposite, and is long-vol. Not a single time did Roy blow up, he made profits in the crash of 97 and many others... Please get...
  6. The_Krakenite

    USA <-Zimbabwe

    Dalio & Munger have a different opinion on that...
  7. The_Krakenite

    Energy

  8. The_Krakenite

    Roy Niederhoffer on crypto...

    Bear in mind, this was 4 months ago...
  9. The_Krakenite

    Energy

    I don't think the Nordstream is going to be operational for well over a generation (if ever). So why exactly would lightening up on energy now be a smart thing? I am soooooo confused.
  10. The_Krakenite

    USA <-Zimbabwe

    There has been a lot of truth to this, but those days are ending fast.
  11. The_Krakenite

    USA <-Zimbabwe

    My mother thinks this way and is one reason she won't invest in US stocks. And to be honest, I'm not too keen on diversifying into any more US stocks either.
  12. The_Krakenite

    SEC Closes In on Rules That Could Reshape How Stock Market Operates

    Payment for Orderflow is still banned here in Canada. The gov has done research on it for many years, and guess what? The customer always gets screwed by it. Hence it's still on our banned list of unethical practices. Which is kinda odd, considering Canadians pay the highest banking fees in the...
  13. The_Krakenite

    A ‘crypto winter’ freezes hiring at Coinbase and Gemini

    This is why you don't short blue-chips before the Merge...
  14. The_Krakenite

    Cathie Wood of ARK Invest says she still expects to see significant returns over the next 5 years

    The #1 lesson learned with the Coinbase fail, is don't bet against Chanos. Some people thought he lost his touch after his shorts on Tesla went kaput. But... he's got a pretty strong track-record. Don't forget, he called out Enron when all of Wall Street hailed it as the #1 thing.
  15. The_Krakenite

    Dubai's Retail Giant Majid Al Futtaim Accepts Crypto at 29 Shopping Malls and 13 Hotels

    The problem, is the US won't recognize BTC as currency, so instead it is treated as a security and for every stupid thing you buy, you have to re-adjust your average cost basis for tax filing. Another reason why crypto fans are moving to Germany.
  16. The_Krakenite

    What are you presently reading?

    I think you failed to grasp, that the author of Practical Speculation was voted unanimously as the world's top hedge fund performer? They also traded actively and averaged a 30% yearly return over many years.
  17. The_Krakenite

    Peloton - really people?

    Long before I existed in this world you can find article after article on how there would be no more oil/gas in the very near future and oil refineries were a dead-end tech, and well... shit... we were told we would run out of oil in just a few years... I'm still waiting for that. How many...
  18. The_Krakenite

    What are you presently reading?

    Do you realize how much you contradict yourself in this thread?
  19. The_Krakenite

    Peloton - really people?

    Joseph Carlson is the youtuber who was promoting that Peloton. The logic was he figured the pandemic would make a lot of people stay at home and be forced to find a way to exercise and... peloton has a silly screen-gimmick which made it a sure thing.
  20. The_Krakenite

    What are you presently reading?

    Won't be for a while I'm afraid. After getting butchered by the war in Europe, etc. I've lost close to a quarter mil this year. On the other hand, I did make stupid amounts of money the last two years, so I'm still just over half a mil in my primary trading account. If crypto goes ballistic in...
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