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  1. The_Krakenite

    Bitcoin Price Thread

  2. The_Krakenite

    XRP Price Poll

    I haven't paid attention to this in years. Bought a tiny amount just so I could get into the flare snap-shot, as I had never received an air-drop before :) I am seriously planning soon to divest all my holdings at Kraken. Then re-purchase elsewhere on a Canadian exchange that doesn't create...
  3. The_Krakenite

    Is the crypto winter over?

    Now that I think of it, a much safer bet may be shorting PUTs on Microstrategy instead. Before people lose fear of the great liquidation/margin-call every bear keeps touting about. Wish I had bought a lot more at the bottom :fistbump:
  4. The_Krakenite

    Is the crypto winter over?

    The expenses is what I never could understand... why people would stick to them, unless they are a boomer trying to learn crypto just before they push daisies. With everything headed toward ultra-cheap DAOs, and DEXes, things are looking grim. The CEO cashed out his shares long ago to buy a...
  5. The_Krakenite

    Is the crypto winter over?

    LOL @ Coinbase... I had been debating this weekend on possibly shorting LEAPs on it, because the premiums are so high (100% implied vol!). You can even get a huge return on a strike price as low as $2 (no joke). But... there is a reason for this. Just look at the never-ending trend of the...
  6. The_Krakenite

    What are you presently reading?

    We have already discussed that book in this thread. That's not what I was getting at. And as for 'consistent tens of millions...' forgive me for being suspicious here. My bullshit detector is going off!
  7. The_Krakenite

    What are you presently reading?

    That's kind of what I expected, particularly from a 'day-trader' book. That said, one of the only Day-Trader books I'd be expecting REAL profits, with no hype needed, would be one written by Navinder S. Though, let's be honest, he did so by cheating the system. His manipulation of bots was...
  8. The_Krakenite

    So what’s expected for the SOL price in the coming days?

    This is interesting to me. The time to go long was when not too 'long' ago SoL was at half the price it's at now. And yet.... Now that the Ethereum foundation is preparing again to upgrade to sharding... (which will be yet ANOTHER nail in the coffin to SoL)... people are talking about being...
  9. The_Krakenite

    Argentina Abandons USDollar In China Trade As Local Bitcoin Reaches Record High

    https://www.zerohedge.com/markets/argentina-abandons-usdollar-china-trade-bitcoin-reaches-record-high
  10. The_Krakenite

    Best definition of Bitcoin

    I'm not a big fan of BTC, but it has/had first-mover advantage, and now has name-brand recognition (which also gives it a moat). But I'm not going to go heavy on it. It had its place in history, and from BTC we were able to get Smart Contracts from a competitor. This is where the Cambrian...
  11. The_Krakenite

    What are you presently reading?

    Today, I found this at a local thrift shop. What's interesting, is some poor sob purchased this one before the financial crisis for almost a hundred bucks. One of the first things I noticed when briefing through it, was a whole chapter dedicated to Mortgage Back Securities... tables for CDOs...
  12. The_Krakenite

    TradersParadise Matthew Cowart being sued for Fraud?

    Before the Rockwell exposing... there were plenty others. Starting all the way back to RagingBull.dot What gets me is, their commercials were so stupidly over-the-top fake... yet Ragingbull managed to still rope & dope in so many people thinking they'd make millions easily with just a few...
  13. The_Krakenite

    Old video with Ray Dalio on the competition of cryptos

    Not for the bears...
  14. The_Krakenite

    Bitcoin's W5 Down has begun

    One big complaint about the CME crypto futures was the high fees, and then people were pretty mad at the raising of them not too long ago. It was criticized heavily that they would not take off like they should until the fees come down. I haven't looked at them much in over a year, so maybe...
  15. The_Krakenite

    Bitcoin's W5 Down has begun

    I am long BTC, so quite happy when people bet against my ETFs. The premium on my loans beats anything I can get from FIAT banks. :fistbump: After some checking tonight, I see that ETHC (Ether Capital) is also a shortable security... If there is another dip/crash (I hope)... I will seriously...
  16. The_Krakenite

    Bed Bath & Beyond Preparing for Bankruptcy Filing Within Days

    Interesting... while REITs are being crushed... supposedly losing tenants can be a good thing :)
  17. The_Krakenite

    Cryptos on HBO

    The video is unavailable in my country... Interesting...
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