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  1. The_Krakenite

    Game Over for COIN

    The problem with COIN, is the CEO has a lot in common with Trevor Milton, both just wanted to cash in their stocks to buy a huge mansion, and have not done improvements since. Brian Armstrong tried to keep his stock a high-flier by making over-the-top bold statements about a new NFT platform...
  2. The_Krakenite

    Jordan Belfart & Brian Rose want to teach YOU about crypto!

    LOL @ Ross Cameron. I had almost forgot about him and his silly youtube ads. In all honesty, if I had secret formulas for taking down $$$ from daytrading, and it was scalable... why the fuck would you give away your secrets? IIRC people were criticizing him for not using a regulated broker...
  3. The_Krakenite

    Don't buy the crypto, buy the company issuing it...

    Bito is NOT a spot ETF. It is based around futures and will cost you dearly in the long run.
  4. The_Krakenite

    Transferred USDT to Coinbase and it's now lost!

    You could also say Android & iOS are still F'kd up too. What runs on one should run on the other without issue! Damn digital phones... that gimmick will never catch on..
  5. The_Krakenite

    Transferred USDT to Coinbase and it's now lost!

    Nope, that's not how it works. Instead of posting some questionable and downright awful advice on crypto in these forums, you may wish to at least learn some of the basics. After all, the website is called ELITEtrader :D This is kind of the classic case of people doing transfers with Binance...
  6. The_Krakenite

    Over 50% of Bitcoin addresses still in profit

    https://cointelegraph.com/news/that-s-not-hodling-over-50-of-bitcoin-addresses-still-in-profit
  7. The_Krakenite

    Don't buy the crypto, buy the company issuing it...

    For those wanting to add crypto to their portfolio, but not 100%, here's an alternative: CI Financial issues the best of the best Bitcoin & Ethereum ETFs on the Toronto Stock Exchange. They have the lowest MERs and a lot of different flavours, including the ability to trade options on their...
  8. The_Krakenite

    Bitcoin bottom here at 20k....? (June 19th)

    Seems I timed MicroStrategy perfectly... If only all my equity derivatives could do the same....
  9. The_Krakenite

    Guess the bottom

    Consensus puts S&P 500 at an average PE of around 5-7 by the time this bear market bottoms out. But that's assuming a quasi-SOFT-Landing... :sneaky: I don't hold much merit into optimistic 'soft landings'. Now, using that as a unit of measurement, feel free to extract it to crypto and assign...
  10. The_Krakenite

    OK Lets try again (Solana)

    Solana only exists to fill a niche-spot that only exists at the moment. Once ETH completes its upgrades in 2023, it's going to be extremely difficult for Solana to be competitive, and that's even without assuming other competing chains don't come into the system.
  11. The_Krakenite

    Celsius DeFi ponzi collapsing

    Celsius isn't really part of DeFi... it just took advantage of the movement and tried to fake its way into the ecosystem. Now that the tide goes out, we see who has been swimming naked.
  12. The_Krakenite

    The Above 20K party

    End of next week my first paychecks from my new job begin to arrive. Will have to keep depositing into Interactive Brokers and loading up on Ethereum ETFs. If I keep catching falling knives, so much the better. Ironically, Solana (the ETH Killer) almost had a massive liquidation event...
  13. The_Krakenite

    Blue Chip NFTs

    Ukraine Sells Donated CryptoPunk NFT for $100K to Support War Effort https://www.coindesk.com/business/2022/06/20/ukraine-sells-the-cryptopunk-that-was-donated-to-it-for-100k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
  14. The_Krakenite

    The Above 20K party

    Don't you just love how every week we seem to be going through a once-in-a-lifetime event?
  15. The_Krakenite

    Mining Bitcoin becomes unprofitable at current prices.

    Mining is and has been on its way out since even before Ethereum's time. Anyone who invests in equities who's business model is to follow mining, is just wasting your $ into a dead-end tech.
  16. The_Krakenite

    The Above 20K party

    According to Dr. Burry, those in the equity markets who think that the worst of the pain is soon to be over are in for a very nasty surprise. Let's assume he is right, and I bet more than 50% that is the case. Even if most leverage has been wiped out of crypto, there is still more that will be...
  17. The_Krakenite

    Bitcoin bottom here at 20k....? (June 19th)

    Do you have access to the Toronto Stock Exchange? There are plenty of spot crypto ETFs there. You can even trade options on a bunch of them, and they are all backed & secured by the OCC, so there is no counter-party risk or smart-contract risk.
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