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  1. The_Krakenite

    Comp Sci prof who doesn't think much of crypto

    renBTC brings back old memories. For the perma-bears in this group which are totally confused at what renBTC even is (which is basically all of them), please watch the below because I'm not going to bother going into details:
  2. The_Krakenite

    What are you presently reading?

    And so, the weekend is slowly coming to a close. Here's my second book or so I completed for the week. I bought half a dozen more books on Friday, including a whole new bookshelf. Perhaps it is no surprise tomorrow I'll pick up even more shelving now that there are some sales going around town.
  3. The_Krakenite

    Putin signs law prohibiting crypto payments in Russia

    This is good news for Russia. The west was dumb-enough to help them in this regard for months now. Keep up the good work Westerners! Aside from Western nations fucking themselves in the ass every-which-way they could manage with sanctions so far to date... what other level-of-stupidity of...
  4. The_Krakenite

    Coinbase, et tu?

    If broken clocks turn out correct two times every day, why would it be impossible for someone to nail a third prediction? Except, people have been predicting Coinbase to not exist since exception. Given enough of a time-line, ALL companies cease to exist. In any case, ETH has been going on a...
  5. The_Krakenite

    The Crocodile of Wall Street (Crime Pays)

    A judge on Friday granted Morgan’s request to “engage in legitimate employment and receive income of greater than $10,000 per month,” Bloomberg said. https://www.theblock.co/post/157968/woman-charged-in-4-5-billion-bitfinex-case-cleared-to-seek-new-job-bloomberg?utm_source=rss&utm_medium=rss
  6. The_Krakenite

    Celsius Declares Bankruptcy

    Damn, Schiff really had a temper-tantrum right from the start. Seems he's on short temper ever since he was putting his "BTC is going to ZERO" prediction many years ago, and never managed to see his proclamations come true. Poor bastard may die before it happens.
  7. The_Krakenite

    Bitcoin Could Become Worthless, But Billionaire Thomas Peterffy Will Buy More on its Way Down

    Oh yes, and here's another Billionaire that, the FBI re-vamped their interest into this month. Has anyone seen the Crypto-Queen around? Apparently, the FBI has reasons to believe she may still be alive & well, also escorted with guards with guns. Though theory has it she's already been...
  8. The_Krakenite

    Celsius Declares Bankruptcy

  9. The_Krakenite

    Bitcoin Could Become Worthless, But Billionaire Thomas Peterffy Will Buy More on its Way Down

    Easy there little Padawan... Bill Hwang was also a billionaire UNTIL just recently.
  10. The_Krakenite

    Nancy Pelosi Urges Support Of $50 Billion 'CHIPS' Bill Hours After Disclosing $8 Million Nvidia Stak

    Oh, look: Nancy Pelosi is pushing legislation that stands to benefit her significantly thanks to a couple of brand new, multi-million dollar trades she has made. https://www.zerohedge.com/markets/nancy-pelosi-throws-her-support-behind-50-billion-semiconductor-bill-hours-after-disclosing
  11. The_Krakenite

    Crypto Critic Charlie Munger Sides with China

    Damn guys, you really like to turn-the-screws on him. LOL! That said... Pekelo, just so you are aware, it is OK to change your mind on something when you start to realize you have been wrong... I used to be very skeptical on crypto in 2017, expected it to collapse (and it did). Then a couple...
  12. The_Krakenite

    The Economist

    So, today I picked up the June-July edition with the title "Energy Crisis". Seems either a lot of wealthy people (or wanan-bies) must read this mag. I turn the first page and there is a double-page ROLEX advert. A few more pages and there is a full-page TAG HEUER Porsche advert for the...
  13. The_Krakenite

    Michael Saylor speaks...

    I have mentioned details here many times. I check in (daily) on the Ethereum updates & testing. I am even a member among the Solana dev's discord, etc. I know things that will happen many months out in advance, and what difficulties there may be. But over the last few years you didn't even...
  14. The_Krakenite

    Michael Saylor speaks...

    This is why, despite all the shit-talking from the bears in this group, they are too scared to short and put their money where their mouth is. I have shorted PUTs on crypto. I have shorted CALLs, I have shorted STRANGLES. Yet I have hardly ever met someone who SHORTs the asset as a whole, and...
  15. The_Krakenite

    Bitcoin Could Become Worthless, But Billionaire Thomas Peterffy Will Buy More on its Way Down

    Since timing the exact bottom is next to impossible, you must either catch a falling knife, or miss out on part of the rally. Unless maybe, you have a Pelosi crystal-ball.
  16. The_Krakenite

    Bitcoin Could Become Worthless, But Billionaire Thomas Peterffy Will Buy More on its Way Down

    I am a user of IBKR, and was sad to see that Thomas retired as CEO while listening to one of the conference calls. I was there when IBKR first added crypto, but I have yet to purchase through them as the Toronto Stock exchange had plenty crypto ETFs to choose from already. So unless you are...
  17. The_Krakenite

    Crypto Critic Charlie Munger Sides with China

    Dalio has a different opinion on that. But I assume you are much smarter than the guy who runs the world's biggest hedge fund. Thank god that in this day and age we don't have to coat-tail these secretive funds, when all we have to do is listen to every random Joe-Blow on an internet forum who...
  18. The_Krakenite

    Uganda : ,,Deposits Of Gold Worth $12 Trillion"

    For anyone how has been trading mining stocks on the TSX. These adverts have a tendency to always either turn out totally fake, or have a little bit of truth to them, but turn out totally over-blown. In any case, they always achieve a rally in the stock tickers, and then implode later.
  19. The_Krakenite

    Crypto Critic Charlie Munger Sides with China

    Really? Much of my country was built on things like beaver-pelts being used along with real money to buy things.
  20. The_Krakenite

    Crypto Critic Charlie Munger Sides with China

    Reminds me of Peter Schiff... for years and years he went on a rant about how BTC will go to zero, the end is near. Unfortunately, if he had just purchased ONLY 1% of BTC in his portfolio when he first started those rants, he would have had a multi-bagger of a portfolio. You know, the type to...
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