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  1. The_Krakenite

    Here's the Apology Letter from SBF

    So why didn't you buy and holder Amazon & Audible? You would have had generational wealth by now. Same if you had bought and held BTC/ETH all this time. Oh wait, you 'Learned your lesson.' :p
  2. The_Krakenite

    Here's the Apology Letter from SBF

    Aren't you the same guy who told us in 2000 that it "Kinda sounds like the Internet, don't it!"? The internet wasn't about to go anywhere, and no one is going to abandon DeFi. Skilling literally made markets out of nothing. He even set up a whole division to trade band-width, which is pretty...
  3. The_Krakenite

    Here's the Apology Letter from SBF

    I do not recall that was ever any Enron defense. They were after all, 'the smartest guys in the room'. Skilling was famous for "I'm not just smart, I'm fucking smart." He thought he could create a market out of thin air, out of nothing. Instantly. And he did. They lasted only for a short while...
  4. The_Krakenite

    When will all crypto collapse?

    Charlie Munger has repeated many times that the US Dollar is going go zero. Unfortunately, he doesn't know when either. Perhaps this is one reason why he's become a big fan of investing in China, just like Ray Dalio.
  5. The_Krakenite

    it looks like Bitcoin has bottomed out on houly charts

    Currently, statistics show wallets holding bitcoin are growing at an unprecedented rate. And I'm not talking about just tiny retail wallets. I am referring to those who hold at least one BTC or more. One theory is, many new players are coming into BTC just to buy-the-dip. The other, is that...
  6. The_Krakenite

    Long term Crypt Investements in Dec 2022

    As mentioned MULTIPLE TIMES. I am a value-investor. Do you not know what this means? I did not buy into Metaverse equities during the top. NOW I am preparing to accumulate while they are going at fire-sale prices. Why would a value-investor NOT be happy about this? I've been waiting for the...
  7. The_Krakenite

    Genesis Suspending Client Withdrawals for Lending Arm Citing 'FTX Impact'

    Seriously? Did you not see the financial crises? I assume either you had been unaware of the world coming to an end, or were still shitting in your diapers :D This is NOTHING as bad as watching the fiat banking system tumble, only to result in the TAXPAYER footing the bill to bail out the...
  8. The_Krakenite

    Long term Crypt Investements in Dec 2022

    I own too much crypto already, but will buy more companies this month with BTC on their balance sheets. I also will PROBABLY start to buy heavily soon into Metaverse equities. The few who were making real profits months ago. Good potential for a 10x-100x bagger while the panic-sales are still...
  9. The_Krakenite

    it looks like Bitcoin has bottomed out on houly charts

    It would be nice if the CEO of Binance can push on Tether and make that glass-house collapse as well. That one would really be epic...
  10. The_Krakenite

    it looks like Bitcoin has bottomed out on houly charts

    Amazing work and detail there my friend! You definitely did your due diligence.
  11. The_Krakenite

    Federal Reserve ... Always Was Corrupt

    Well... other countries have the same problems with their politicians & central banks...
  12. The_Krakenite

    Maesrk & IBM shutting down blockchain shipping platform

    Do you honestly mean to tell us that you don't even know what a smart-contract is? Have you not ever seen a DAO? You're basically asking us what use is an equity, other than making money for the 'capitalist' owners.
  13. The_Krakenite

    NFTs, the next wave of stupidity

    Now that prices are depressed to shit... I'm buying bits and pieces to the equities that are tired to NFTs. This is so much funner than buying at the top!
  14. The_Krakenite

    Fidelity crypto trading

    That's kinda what happened with the ₿ & Ethereum ETFs that came out ages ago on the TSX. The first came with a 1% MER IIRC. Then as the competing institutions jumped in to offer their own exchange traded crypto funds, we never saw an MER that high again.
  15. The_Krakenite

    Maesrk & IBM shutting down blockchain shipping platform

    Fun Fact: The Toronto Stock Exchange has been using blockchain for many years now.
  16. The_Krakenite

    “SBF Will Get Life in PRISON” Jordan Belfort on Sam Bankman-Fried & FTX Crash

    Ahh yes, and you've made enough profit to buy your 10 mansions because of your shorts from your accurate crystal ball in this matter... Curious to see your broker statements.
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