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  1. The_Krakenite

    Why are energy related MLPs performing like DOGSHIAT over time?

    I could be wrong, but aren't MLPs very similar to REIT structures? Large payout that is mostly taxable at the unit-holder's end? Also, that leaves them with very little lee-way to expand because most profits go to the share-holders. Basically they can dilute shares and try to raise capital that...
  2. The_Krakenite

    Luna Coin Surge

  3. The_Krakenite

    Tether collapse journal

    Confidence has definitely been broke in the crypto-markets after watching the 3rd largest (caugh) stable-coin go to zero. She's down again... Kwon, the man who BROKE the crypto-market and made everyone poor again. Looks like he's in serious legal trouble too now. Guess they are going to make an...
  4. The_Krakenite

    Bitcoin = Tulips? Not So Much

    You COULD just avoid bitcoin and instead go full-bore equities. Much safer, unless you gamble on Nasdaq stocks. NYSE is much safer... except for that one craze on ticker... ENE Remember them? Nope? Oh, well they later moved over from NYSE to Nasdaq under the ticker ENRN. Enron Well that...
  5. The_Krakenite

    NFT Insider Trading Charges Brought Against Former OpenSea Worker

    > Technically it's Pelosi's husband. Well technically, isn't he out-performing Buffett, Munger, and Dalio? The guy should be running a hedge fund and charging 20% MER. Shit... Soros needs to bring him in for an interview.
  6. The_Krakenite

    Luna Coin Surge

    Just amazes me how people expect suckers to go for the Luna 2.0 thing all over again... 3x a charm for Kwon ehh? Actually, I guess I can't blame him. So much silliness. As much as I am bullish on Ethereum, and DeFi is pretty much here to stay, who knows how far ETH may fall. Possibly going...
  7. The_Krakenite

    Luna Coin Surge

    Meme forgets that Dip-shit-Kwon also lost people lots of money in his earlier fake-stablecoin... what was it.. Basis-Cash?
  8. The_Krakenite

    NFT Insider Trading Charges Brought Against Former OpenSea Worker

    How come Pelosi gets away with it?
  9. The_Krakenite

    How To Manipulate Any Crypto

    I am a very nostalgic person. I still play all the ancient stuff like Civilization IV and Total War series. That said, some of the newer stuff I dabble in now, SplinterLands, or GodsUnchained, are heavily based in crypto. A survey last year showed that 90% of current gave devs were looking to...
  10. The_Krakenite

    The Anchor DeFi ponzi collapse journal

    Yup, a lot of people lost money due to him. I guess he did learn a lesson, don't shoot your mouth off regarding how rich you are or how poor everyone else is. Anyhow, every algo-stablecoin project he has run has turned into utter failure. I guess the money he gets is just too good to give up...
  11. The_Krakenite

    Buy Apple. Apple not supporting 2014 products, forcing consumers to buy upgrades.

    I worked years for Apple. That is one reason I have been hesitant to buy their stock. lol I was there from 2011 to 2014. Always found it interesting how people over-paid for throw-away devices. You are lucky to get a year out of something before it SLOWWWWWWS the fuck down. Ironically, I...
  12. The_Krakenite

    Today's Bulltrap.... or...

    Or... is the bottom in (until the next stable-coin collapses?). :sneaky: I have no guesses, but congrats to everyone who's loaded up in preparation for the Merge.
  13. The_Krakenite

    Tether collapse journal

    It is still mindboggling to see that Tether occupies #3 spot on market-cap in today's day & age of crypto. Even more interesting, is how recent high-fliers that had such great utility value and a large following by the elite such as Compound and 1Inch are literally just a step or two away from...
  14. The_Krakenite

    Tether collapse journal

    That's the worry. I think it's best to put my dividends into REITs for now every month, and sit and wait for another downward catalyst like the tethercollapse. Then bargain-buy more ETH once the last of the paper-hands have sold out and the die-hards have been liquidated on over-leveraged margin.
  15. The_Krakenite

    What are you presently reading?

    Returning some books to the library today I read this month... 7 secrets to INVESTING Like Warren Buffett By Mary Buffett & Sean Seah -It was ok for a first-time read. Digital Cash The Unknown History of the Anarchists, Utopians, and Technologists who created Cryptocurrency By Finn Brunton...
  16. The_Krakenite

    To the yield-farmers....

    Yes, you, chasing 20%, or 30% yields that are obviously unsustainable. Yet still dancing the Luna/IronFinance/CashBasis dare-of-death. Here is a thought. Instead of risking life & limb for a 20% APR/APY gambit, why not just drop your $ into a Canadian REIT like True North Commercial REIT? You'd...
  17. The_Krakenite

    7 Wallets identified behind Terra collapse

    Terra [LUNA]: Nansen’s report reveals new information on UST’s depegging fiasco https://ambcrypto.com/terra-luna-nansens-report-reveals-new-information-on-usts-depegging-fiasco/
  18. The_Krakenite

    What are you presently reading?

    Yikes. But, thanks for the honesty :) Can't be worse than some of the millennial self-published crap I've read the last two years though. (I hope) Actually, on my re-read list, I just read The Intelligent REIT Investor for the 2n'd time in the last two years. I don't agree with everything the...
  19. The_Krakenite

    Tether collapse journal

    Many, many months back I made posts about Tether and the huge danger it imposed to the system. Very few seemed to listen and the majority considered it FUD. Seems suddenly most people are signing a different tune now. That's progress...
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