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Critics of crypto is what keeps the price lower... relax.

Well, checking in here for an update. I am 70 pages into Practical Speculation, and I do enjoy the book so far. Niederhoffer posts some of the hate mail he used to get. Talks about his never-ending night-mares of the 97 crash he goes through. And then starts to cut-up Shiller's Irrational...

Well, give Mr. Dimon credit, he did admit he was wrong about crypto. Though when/if it falls into triple or double-digits, maybe he'll reverse his statements yet again!

In the second world war, German tanks used diesel to prevent fires upon impact. The western allies were late to adapt and used gasoline for their tanks. Hence the term flaming-coffins soon became a meme. Hey, it's a solution...

There used to be this business man in power, just before the current President who suffers from dementia but is still running the show. I remember that former man was planning to keep cheap oil for America and less dependency on other unfriendly nations. As mentioned elsewhere, we are not...

That's one of the big risks. There is so much leverage in crypto, that a catastrophic flash-crash such as occurred in 2010 is quite possible. At this time, there is no regulation that puts in circuit-breaker protection for BTC/ETH. I wouldn't risk it.

I've already planned to go back to the work force, so that every bit of $ helps in the upcoming wreckage. Once good paying dividend stocks drop low enough in PE I will start to borrow a bit on margin to snatch some more up. If the Merge goes through this year, then my spot Ether ETFs will roll...

Bah... Madoff's simple scam cost investors 65 BILLION back when a billion still was worth something... Who cares about a single billion today?

Didn't Nutflix already go woke & broke? Ok, so it's a zombie company that hasn't been de-listed yet, but losses 2 million subscribers per quarter ever since their CEO jumped on the woke-train to gain subscribership and it backfired horribly. What I find humorous is when ever CNBC talks about...

We can go back as far as the Roman era. At one time the denarius was made of pure silver. In just a few hundred years it was down to almost nothing. Nothing has changed over time with countries continuing their further debasement of their currencies. It is also why the fall of the Roman empire...

In regard to that silly meme, people said the same silly things about the Taproot upgrade for BTC. Which was one of the reasons that it took so long to do. And of course, they said the same thing about Ethereum after the DAO hack when Vitalik proposed the new hard-fork. Look what happened to...

Buy low & sell High. Isn't that kinda how growth-stocks work? :sneaky:

I had been planning for a while to dig more into those lending programs, but I have a list of too many other projects for the moment that are taking up a lot of time. Also, the amount of smart-contract bugs & hacks is what keeps me at bay from a lot of major plays. For now, my plan is to trade...

The only node I ran for a short while, as a unix server for Polkadot when I thought it was a novel new hobby. I also did not have 32 ETH, so could not lock-up for the beacon chain development to collect interest. And on top of this, being a Canadian citizen, I am forbidden from staking ETH on...

You know, when it comes to investment banks, I do have significant holdings in BMO. They seem to have a ridiculous unfair advantage, in that the Canadian government is never going to let them go under, and also they get many more unfair monopoly rights due to the fact the Canadian government...

There is still some small possibility that BTC will change to PoS... It is a strong belief to me that if it doesn't, she'll lose her dominance sooner rather than later. If Europe and other countries succeed in their anti-PoW ban, where do you think the blue-chip crypto holders will flock to...

Of course, no one can be sure of anything... except as Munger says, "The US dollar is headed to zero." As Keynes said, "We are all dead in the long run." What more is there to say? There is no Pelosi crystal ball in cryptos.

Bitcoin can be wrapped, and moved across the Ethereum chain, used in many different ways in DeFi that were previously only dreamed of.

A check is what you give someone when you don't have any money, and you hope to be out of town by the time it bounces.

I have it, but there are a shitload of other books I am working through at the moment. Currently in progress is Victor Niederhoffer's Practical Speculation. Fun fact: His brother Roy has been trading futures on crypto for over half a decade now in his hedge fund and is very bullish.