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  1. The_Krakenite

    Lyn Alden

    The last time I read an article by Lyn it was during the initial covid rally, shortly after the % cuts happened, and Baby Buffett was playing his bullshit on CNBC, lol. Markets were going up and down daily but trending more to the up. S/He wrote an article on SA mentioning how things were not...
  2. The_Krakenite

    NFTs, the next wave of stupidity

    So, that is your answer? You're telling us you are so smart and yet too stupid at the same time to take even a penny worth advantage out of this. :sneaky: We thought so.
  3. The_Krakenite

    Lyn Alden

    Who cares that she/he/it is a tranny. We both know that YOU and I would fuck her given the chance. So let's not beat around her bush about it... That said, Lyn posts a lot over at SeekingAlpha for those who are interested. At least, I think she/he/it still is posting over there. Then again...
  4. The_Krakenite

    Bonk Price Prediction as Latest Memecoin BONK Blasts Up 2000% in 5 Days – Is This the Next Shiba Inu

    I am perfectly alright for allowing competing alternates. Capitalism always can do with competition. The problem I have is with shitty companies/DAOs that don't really improve anything. And shitty block-chains also don't do much for improving the system over all. As I keep saying, Solana had to...
  5. The_Krakenite

    Coin360 (we can retire now)

    Well, either this is a funny glitch, or everyone who was long can retire now. Even those who bought alternates. Maybe it's one hell of a short-squeeze...:D
  6. The_Krakenite

    What are you presently reading?

    I had the illustrated version... still have it somewhere. Love the old artwork sketches and it was interesting to me in the fact that there is a lot of 'history' in there, of older times. It kept making me wish I had been around in the early 1900s and 1800s equity/commodities markets. But as I...
  7. The_Krakenite

    Bonk Price Prediction as Latest Memecoin BONK Blasts Up 2000% in 5 Days – Is This the Next Shiba Inu

    Launching its own DAO... that's kinda funny. Even if somehow this managed to be a success, they'll realize their problems and move the DAO onto Ethereum like everyone else always does. Why re-invent the wheel when it's just a worse wheel than what already exists?
  8. The_Krakenite

    Tether says it has completely eliminated commercial paper from reserves

    If Alameda hadn't been on its last legs, and ran out of capital, Tether's depegging would have been deeper.
  9. The_Krakenite

    Tether says it has completely eliminated commercial paper from reserves

    That is because they were holding FTT in their reserves instead. :D
  10. The_Krakenite

    NFTs, the next wave of stupidity

    So you've made many millions at least with this special bit of information. Now either show your brokerage statements... or you're also a fraud. :sneaky:
  11. The_Krakenite

    The Great Crypto Scam

    I haven't checked to see if Berkshire has ownership of Coinbase, etc. (yet). But... Buffett & Munger no longer run the whole show. So I would not be surprised if some DeFi securities are already being purchased... actually, in a manner of speaking, JP Morgan, etc, already have made their own...
  12. The_Krakenite

    I am sorry...

    He is claiming NOT GUILTY on ALL COUNTS today in court. Also, the backers of his bond are still going to remain anonymous for a while... .partially due to death-threats.
  13. The_Krakenite

    The Great Crypto Scam

    I haven't re-read all the old posts in this thread, so I may have mis-understood, but : I'm assuming there, you were referring to what is known as value-investing. Where one is particularly only interested in taking LONG sided ownership of securities when they become undervalued (often during...
  14. The_Krakenite

    The Great Crypto Scam

    Yes, you most certainly missed something. About 80 years of Buffett & Munger investing wisdom, and also Ben Graham prior... let's just call it 100 even.
  15. The_Krakenite

    Genesis going down... lol what a shit-show.

    I am long Ethereum here, hold a little BTC (as it currently is). However... I feel pretty confident BTC will at a few points be forced into more forks, which is how its past has been. That said, I will be happy to see GBTC plummet the price of Bitcoin during a liquidation, and then I can swoop...
  16. The_Krakenite

    Genesis going down... lol what a shit-show.

    2023 just started, and contagion already looks like it MAY get a hell of a lot worse this year than last. I still don't have the courage to short crypto, but if someone wants to pull the trigger (and the bears here always act like they are), now may be the time. 2023 Starts Off With A Bang...
  17. The_Krakenite

    The Great Crypto Scam

    Shorting crypto is one of the highest risks I can think of. The only person who has pulled this off successfully that I know of, was Alameda after they shorted Terra and then hit them with massive orders to purposely de-peg it and force the death-spiral. But even then, notice how quickly...
  18. The_Krakenite

    The Great Crypto Scam

    It's ok, within reason. I'm also laughing at millennials who bought miners all the way back to 2020 like an idiot when I mentioned exactly what would happen after the Merge. No one believed me. Guess what? The Merge happened, and now miners & their gullible investors are broke, suddenly they...
  19. The_Krakenite

    The Great Crypto Scam

    SBF only controlled a very few shit-coins. FTT was one of them. The other... was infamous Solana which he pumped from pennies up to stupidly high evaluations. The community was full of people who had 'missed out' on Ethereum's generational wealth by listening to the bears, so they were now...
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