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  1. The_Krakenite

    Tornado Cash Shut Down

    I've mentioned months ago that this would eventually come to an end and be shut down. Kinda common sense when you think of it. But.... there are a few certain BTC and contract maxis who still think that everything crypto can't be controlled by any government. I have to hand it to the FBI...
  2. The_Krakenite

    I don't get the Dividend Game :-)

    Ahh yes, the Option Wheel Strategy. That... flawed notion of some sort of self-perpetual income machine, where you can basically get easy-peasy money and for some reason... only Millennials on Youtube seem to know how to truly harvest this. Institutions just 'don't get it." It cracks me up when...
  3. The_Krakenite

    Wednesday's CPI will be weak!

    We've got so used to horrendous news the last two years, that now even just bad/terrible news is interpreted as good news by comparison. If a nuclear explosion occurs in Ukraine this year, I suspect the reaction could be far less impacting than how the markets reacted when Chernobyl happened...
  4. The_Krakenite

    Coinbase lost 1.1 Billion in Q2

    These rating agencies unfortunately are just a tad better than visiting the Oracle in Delphi (and that's a best case scenario). They also have a history of giving AAA ratings to the most worst assets you can imagine, so don't pay too much attention...
  5. The_Krakenite

    Citadel Securities: A day in the life of a trader in NYC

    There can only be one JackMorgan. He is the most accurate INVERSE-INDICATOR for crypto trading I have ever seen. If you had done the opposite of what he (and the other bears) were boasting in the Crypto Assets side of the forum, you'd have massive gains in very little time. No one else I've...
  6. The_Krakenite

    Iran Arranges First Import Using Cryptocurrency

    This week's $10 million import order is just the beginning, as Iran works to sidestep sanctions and pursue trade with other U.S.-targeted economies. "By the end of September, the use of cryptocurrencies and smart contracts will be widely used in foreign trade with target countries,” said...
  7. The_Krakenite

    Coinbase lost 1.1 Billion in Q2

    I had mentioned a while back, that Armstrong has very strong parallels with the former CEO of Nikola. Not that Brian is headed toward jailtime, but the same traits of nothing but false promises, and failed expectations. Not to mention his major priority was selling massive stock (even at cheap...
  8. The_Krakenite

    #bitcoin is all the @BlackRock community talks about!

    Well, the Ukraine Government war-relief charity funds will take BTC (and Ethereum) donations. To my knowledge I don't know any that easily are able to take Hong Kong IPOs, but it may be possible somehow over-the-counter with them? Did you check?
  9. The_Krakenite

    I don't get the Dividend Game :-)

    Dividend stocks are something I like to keep my eye on. Because when the dividend is cut/slashed, watch the retailing dividend-chasers drop & run. Those stonks go on fire-sales at those times. I would also like to nominate GM in particular for its great dividend shenanigans. Taking out massive...
  10. The_Krakenite

    book suggestion?

    A co-worker of mine used to talk about Napoleon Hill and talk about that book and how it was one of his favorites. Later on I found out that the author was a known fraud and wrote a lot of bullshit. So read it with a grain of salt please...
  11. The_Krakenite

    Tesla Cancels MegaFactory in India

    Enron had some pretty big plans for development in India too. Then we saw how that rolling train-wreck of a shit-show continued... from bad to worse due to Fastow's creative accounting practices. I believe their forced-to-be-canceled reactor project alone cost them a write-off of a billion...
  12. The_Krakenite

    What-If China attacks Taiwan

    LOL @ this talk about America fighting a war vs China. How is this possible, when America can't even police the Woke city of Chicago? Are you kidding me or what? And considering almost nothing is 'Made in USA' anymore, it's all 'Made in China' now, how long do you think even a paper-war is...
  13. The_Krakenite

    I'm getting a lot of stuff called away

    When spreads are wide (illiquid stonks), stuff like this tends to happen more often.
  14. The_Krakenite

    If BTC breaks through $20,000 next stop $10,000.........

    Well thank goodness for that. I was worried for a while there. Feeling like the odd-man left out.
  15. The_Krakenite

    GME Buy before the split and prosper ! A Jack Morgan Special !

    https://www.zerohedge.com/markets/retail-investors-pile-meme-stocks-despite-violent-selloff
  16. The_Krakenite

    To Everyone saying Bitcoin will go to 10k or 5k....

    I suppose, if there is an unexpected bug with the Merge, then a few may panic-sell ETH which will also bring down BTC when the portfolios re-balance. Aside from a possible great depression, I think the only thing that can bring down BTC to 15K would be another geo-political event. But even...
  17. The_Krakenite

    If BTC breaks through $20,000 next stop $10,000.........

    Found some more dividends this morning. Purchased only a tiny bit of Bitcoin... or was that Ethereum this morning? The majority of my purchases going toward beaten down REITs again. As REITs keep selling off during this recession (and crypto keeps regrouping), I'm shifting my cash toward the...
  18. The_Krakenite

    Job numbers were TWICE as good as expected? Are they fake?

    This shit started when I was a kid. It wasn't PC anymore to call a garbage-man a garbage-man. You had to call them Sanitation Engineers. I guess that's supposed to make them feel like they have a Ph.D
  19. The_Krakenite

    This may be the evil queen of the Crypto Ponzi

    Your thread title is very misleading. This has nothing to do with Dr. Ignatova... the Crypto Queen.
  20. The_Krakenite

    Interesting article

    As for the Metaverse... I've already watched it crash & burn the first time when it went through the Boom & Bust in the 90s. Or.. maybe we should call it the Great Deflate. The only people now going crazy for this, are those who didn't see it the first time. They were in their diapers back...
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