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Do you publish where you hold customer funds, and how they are segregated? My issue when shit hits the fan, will those who shorted be able to collect.

Yep, daily volume can be looked up, and USDT (tethers) are the bulk of it. They say it is a FUD. My assumptions, if tethers are exposed and banned and other stable coins are properly audited, this will collapse the market. Just look at yield farming, you getting interest that beats Jim...

I am very much interested into being able to short crypto (not at the moment of course :) ). How can I be confident, I will be able to collect with you if I happen to be right???? For example, if I buy a put at Interactive Brokers, I know that close to 100% I will collect.

Tethers are fake money that are treated in crypto world as if it is USD. They were created around 2014, and for years lied that every tether they release into circulation is represented by 1 USD in their bank account. Once this fraud was exposed, they new lie is that they are backed by some...

Why shorting it why shorting it ? Would be very curious to know your thoughts. Tethers are back to minting billions every other day. You can not fight fake money printing machine. One day it might be stopped, but until then long is the only way.

All regulators need to do it expose Tethers for what they are. If USDT is removed, 70% of fuel for daily volume is removed. Then let's see the real value of cryptos if they are forced to be valued in either fiat or fully backed stable coins.:D Until then, long is the only game in town.

It is really hard to time the top. And for many capital preservation is more important. Those of us who lived through .com and 2008 busts try to be cautious:D

Those who have been in the racket for a while, know how it all will end. We just do not know when and what will trigger it. For now, long is the only game in town.

we know there is no satoshi as person most likely, that is not the points. Attempts were made before, like egold as I learned. He cracked double spend problem, and BTC was only hacked once, but was fixed and they forked it. Will BTC ever implode, perhaps. Until then it would be foolish to...

Utter nonsense. Meant 500 trillion

it will crash, the current debit balance is crypto can never be called, even close.

Time will tell. Curious why you say that open source, decentralised and encrypted db has no tech. The concept was not invented by satoshi, he was just able to put it all together. it is a shame how this market is manipulated, and it could be its downfall, but it is not going anywhere.

I see your points, but as it stands now, real crypto projects generated immense wealth for those who simply held them. it is totally manipulated by wash sales and tethers, but this tech is here to stay. Can BTC be dethroned, probably. My Main objective is to learn the tech and profit of course.

Thanks a lot for the insight as usual. Yep, I will copy an existing one of course. I know it will go nowhere. Main purpose to fully understand how cryptos work. Planning to get few servers (perhaps AWS) so that I can test how it all works.

Learning the Tech and creating a plan now if this do fall sharply. Ideally planning to launch my own block chain before year end. Just so that I fully understand the tech, and know where to place my bets. Deciding which project to copy now.

We will have our chance to join. I got few ethers when it dropped below 2K. That is all I have for now unfortunately. If stable coins regulation will have real teeth, and Tethers are exposed for what they are, the whole market will collapse, this would be our chance to get in. There is of...

well illegal drugs is a crime, crypto is not. So not a fair comparison. And this is the only time in history where few hundreds turned into Mullions in just 1 decade, as far as a I know. Granted even if a small portion of people try to collect it will collapse, or tether is removed. But today...

Do you mind sharing why you called people crypto idiots? I assume you have no or very little crypto, just like me. If you look at what happened in crypto and how much money was made (grated price is fake due to Tethers, but it does not matter right now), aren't you and I idiots?

The thing about crypto is that it is not main stream for sure. It is huge for people who are in it, but should it disappear tomorrow most of the world would not even care. The tech and idea is amazing, the manipulation there is insane. It is the only market in human history where real money...

Cashing out is a very interesting question. Technically it is no issue. But once coinbase wires you few millions how will it all play out in real world. Would be very interesting to hear from someone who did it.