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So, I finally did it. I bought a few Solana coins for shits & giggles. It's been very unsettling to see the rally in crypto the last 48 hours. Looks like the CPI numbers have more effect than crypto exchanges going down. Value investors have to accept the fact that this COULD be the end of the...

What an amusing day. So Genesis just announced not too long ago they are now preparing to file chapter 11 bankruptcy. How do the markets react? Can someone tell me what the fuck is happening here? Some shorts are covering... taking profits or what?

Fun-Fact! Alameda was shorting Tether. But.. they should have shorted themselves first. Doh! Another fun-fact: John Jay Rad the third, who is handling the FTX bankruptcy, not only handled the American Enron bankruptcy, but he also handled Canada's Nortel shit-show.

Solana is still far over-valued compared to the blue-chip cryptos... Unfortunately, it's showing quite some resilience, either it will take a little bit more time or... It's become too much of a cult-like following... sort of like those who held onto Tesla. I feel like buying a dozen coins for...

Eventually, the backwards US may someday catch up to Canada and implement the proof of reserves. Maybe someday they'll finally have a spot-ETF too (and finally embrace the metric system with the rest of the modern world). But as I mentioned earlier, those proofs are not idiot proof. Someone will...

Many companies formed during the Gold Rush are still with us today. From Levi's Jeans to Wells Fargo...

Everyone who uses and supported Tether deserves to get burned. As much as I want to purchase more ETH today, I am sitting on the sidelines to see how this powder-keg with Tether plays out. Better opportunities may come shortly.

Deploying more capital - steady lads

Yup, but millennials keep falling for it. A regulated broker/exchange will stake ETH/Sol and pay you 3.5/4.5% on it. Behind the scenes, they are taking the same amount. In total they are still getting under 10% before they split their profits with you. So when you see 17%-30%... where is the...

My gf unsubscribed from Disney due to the wokeness. There is a certain level where she just can't take the insanity anymore. Not sure I'll be able to convince her to re-subscribe.

https://www.zerohedge.com/crypto/crypto-here-stay-billionaire-bill-ackman-u-turns-several-investments I wonder... perhaps, just perhaps... he thinks his old enemy Icahn may have converted his BTC/ETH longs into shorts. Now Ackman is talking up the market to put the squeeze back, after the...

As a person who's got impaled on naked calls, this makes me cringe. Also, rolling only works if the movement hasn't been too extreme. Not to mention, adds superficial loss problems, etc...

You can't take it with you when you are dead. So what is so altruistic here?

The irony, is Ackman's arch-old nemesis Icahn - despite being an aging boomer - was long crypto blue-chips wayyyyy ahead of Ackman.

The problem with the FIAT banks, a lot don't want to interact with DeFi as it's basically supporting your competitor. On the flip-side, if they don't integrate, they risk going dead-tech and broke. It's a damned if you do, versus damned if you don't. The best hope is to reach some sort of parity...

Funny shit... especially since today Ackman announced he has turned very bullish on crypto.