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This is amazing. We are getting worse news regarding Gemini by the hour, and crypto is still on a bull-run. Now the SEC is going after Winklevoss twins as well. Get the soda & popcorn out.

It could just be those damn arabs again trying to corner the Bitcoin market while they move out of the US dollar so they can rule the world... We don't watch that movie anymore because it's been cancel-cultured, and the Hunt Brother's silver corner with the Arabs never happened either...

I can only assume two things.... Market Manipulation... Shorts getting squeezed...

Shorts getting wrekt? BTC back over 20K, and what a stupid hyperdrive rally in SoL tonight...

Well, this is very damning from the Winklevoss twins on the shit-storm that's about to hit this winter. Seems the market is still not pricing the catastrophe in yet. (typical)

A lot of the crypto equities I've looked at still have a little less than half their reserves left. That is a lot of stuff to sell still until we hit the bottom when there is nothing left to sell. :sneaky:

I have always avoided anything to do with Nexo.io I can't really critique it much, since I never did my research, but they certainly spammed all the media with their ads. Some of their returns they boasted seemed far more higher than what most load return rates should be, hence I never trusted...

Whooops! I meant MORTON SHULMAN. LOL And I also finished this one: The $100 Startup Reinvent the Way You Make a Living, Do What You Love, and Create a New Future By Chris Guillebeau I first saw this at a local thrift store, passed on the deal, then borrowed the audiobook from my library a...

Hmm. That Tom Hougaard I am not familiar with. I looked now, and am a little skeptical when I see he advertises himself as a day-trader. That said, here are some books I read since last week. More to follow.... How Money Works The Facts Visually Explained By DK I didn't mind this visual book...

And yet, Bitcoin is still on the rise today. Very close to $20K now, despite the horrible markets and all the contagion swirling around the dominoes...

LOL. SoL is just a gambling bet for anyone going LONG. The best projects on SoL already moved to a better chain, and SBF can no longer pump it up. They have never managed to fix their major issues, and I think you may be too hopeful in hoping for them to just... sail across. Only a zealot would...

I am a bit confused @schizo I thought you were a bear on crypto, did I mis-understand or did you flip recently? --- As for crypto markets, even diamond-hands are starting to crack because of the continuing contagion. Even before the real threat of Grayscale liquidating, I've seen stupid shit...

Well, this is an interesting gimmick/instrument. Looks like slowly the US may be catching up to Canada in financial innovation. Though don't forget, Vitalik is Canadian IIRC, so there will be a lot of catching up to do. :D I never purchased a bond in my life, not even all the Canadian savings...

I find it interesting, how before SBF started his shit by forcing Luna to collapse and the rest of his shenanigans, people were crying and moaning how they missed out on crypto. Yet, when they have a nice little re-set, suddenly they are still finding something else to moan about. Some people...

I am not familiar with XLE, but recently I was debating again on GLD after re-thinking over some things Dalio said about gold. The problem, I can not justify that high MER for something that may very well just go down for the next 10-20 years. If I am going to go down a gold-route, I would...

I had a small chunk of crypto hanging around in my Kraken account still, so I decided to stake that too and get some dividends. A big risk people are worried about, is that the Shanghai upgrade won't go well on the blockchain as planned, and people may still be unable to un-stake. That said, I...

What is really sad is that Tether isn't being eliminated by the markets, despite all of its faults. It actually has to take government intervention. lol Once again, EMH is destroyed by real market results. This thing should have never got to the size it has.

I was right in Ottawa when the emergencies act was used again to do something like... go after Bitcoin. What a circus.

That's nothing. A lot of fiat banks limit your withdrawals to pitiful amounts per day. AND it's well known they use fractional reserves :D 90% is huge and would scare the shit out of them.

I've been looking deeper into the BTC ATMs, and I feel these will go the same way as BTC miners have gone. They are a dead-end tech that only aging Boomers wanting Boomercoins will have use for. Let's be honest, I haven't even used a fiat ATM in probably 10 years now. Everything I do for fiat...