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  1. The_Krakenite

    Dot-com bust 2.0 is becoming a reality

    Well, the parking lots are all filled at the 2nd-hand shop stores.... But that can't be. Didn't Biden say we're doing better than ever? Or something to that effect... :confused:
  2. The_Krakenite

    What are you presently reading?

    Interesting. No one has updated this thread in a week. I guess everyone's too busy now that the bear market and recession is here to stay. :sneaky: I only got one audiobook out of the way: Money Magic An Economist's Secrets to More Money, Less Risk, and A Better Life By Laurence Kotlikoff This...
  3. The_Krakenite

    Hotel California, or staking ETH

    You meme is bogus. From what I recall since day one, the small print has always stated that there is NOT any time estimate on when your crypto will be unlocked. You get this warning on pretty much every brokerage that supports staking rewards.
  4. The_Krakenite

    BlockFi goes bankrupt, catching it from FTX

    It was already expected BlockFi was going chapter 11, so no real market move there. You need to have a surprise event to move markets. As for Voyager going under, this is a great thing (for me at least). It makes my other equity holdings much stronger now. Voyager was becoming a big competitor...
  5. The_Krakenite

    ETH vs SOL (Staking)

    There are dozens of Canadian spot crypto ETFs for BTC/ETH available for trading on IBKR.
  6. The_Krakenite

    When will all crypto collapse?

    The great recession that wasn't supposed to happen, (surprise), is happening. Enjoy the discounts! If this turns into another GREAT Depression, then double-down on those who are too big to fail.
  7. The_Krakenite

    "Black Friday" shopping traffic is looking bleak for retailers

    On the flip side, have you checked out the 2nd-hand shops? I can tell you... BUSY BUSY BUSY! Parking lots were jammed packed. Not all of them were seniors.
  8. The_Krakenite

    When will all crypto collapse?

    Oh, and while on the discussion of Mining. Let's see how some of the state-of-the-art mining related companies have been doing lately? Here's one that Millennials couldn't stop aping into full-retard not too long ago. Now you can't even sell it for a penny a share: Despite 'liquid mining'...
  9. The_Krakenite

    When will all crypto collapse?

    Well, technically the owners of mining corporations have a bias and WANT you to always think that the future is bright for their commodity. Despite the fact that mining, is (and here I repeat myself) a dead-end tech. So keep in mind there may be personal incentive there. No CEO is going to want...
  10. The_Krakenite

    When will all crypto collapse?

    It's the same point of why start or buy into a business? Some competitor down the street can just copy you and do the same. And even worse, there are more companies going public every day, so what is the point to it all?! Don't be dumb. Don't buy into businesses. They are all ponzis! :sneaky:
  11. The_Krakenite

    When will all crypto collapse?

    Well, the NFT market seems quite bullish for today. May we give a moment of silence to the shorts that got squeezed. Haha.
  12. The_Krakenite

    3 lesser known Satoshi Nakamoto candidates

    The real problem for crypto is quantum computers. So far they are too primitive and too theoretical at the moment to be of practical use (which may be a good thing). In any case, Vitalik was working on a solution in advance to counter them, lest Ethereum falls victim by surprise. So I'm not...
  13. The_Krakenite

    When will all crypto collapse?

    As a value investor, I LOVE people like you. I love it when you hate on blue-chip companies because a pandemic is coming, I love it when you hate on banks and other fin-stocks because of a financial crisis, and I love it when you hate on crypto because of a liquidity crunch. Thank you so much...
  14. The_Krakenite

    ethics enforcement international

    Well, Madoff was just ONE rogue American who devastated everyone financially, out of many.
  15. The_Krakenite

    Bitcoin Linked to Mt. Gox Suddenly Moves

    $165,000,000 in Bitcoin Linked to Mt. Gox Suddenly Moves As Quant Analyst Issues Warning...
  16. The_Krakenite

    Mr. Wonderful's (other) FTX

    Today I had a limit-order while bottom-feeding still at the previous price. Looks like WonderFi tumbled down today, and I was lucky to get a fill right at lunch-time EXACTLY at the bottom (not a penny less/more). lol I don't expect this company to show a profit any time soon, and accept the...
  17. The_Krakenite

    ETH vs SOL (Staking)

    I like their SHIT. IBKR also lets you ignore Paxos and just buy any Bitcoin/Ethereum ETFs, then short strangles on them and you're protected if the price goes ballistic.
  18. The_Krakenite

    ETH vs SOL (Staking)

    Do you seriously mean to tell me that you haven't heard of Interactive Brokers or anyone else in that genre? Move to Canada, and use any of their brokers, from WealthSimple to BitBuy... You can buy your equity securities at the same time you stake your spot-crypto through the same platforms...
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