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  1. The_Krakenite

    Wealthsimple & Staking

    For those using Canadian discount brokerages, I noticed last night that WealthSimple is now offering over 3% yield on Ethereum staking. I believe they throw in some further bonuses as well IIRC. You get even more yield with Solana, but why would you want to hold onto a dead-end tech like Sol...
  2. The_Krakenite

    Crypto bosses keep resigning

    I am referring to the reason why Ruskie subs had so much leaded walls in their engine rooms on nuclear powered submarines. We were talking about radiation poisoning here. Something that people were well aware of since the cuban crisis up to the collapse of the soviet union. Now everyone seems to...
  3. The_Krakenite

    Crypto bosses keep resigning

    Aside from 900-Sigma extreme long-tailed risks that would destroy most living things on the planet... I suppose the most likely scenario to cause this cosmic EMP attack that would be currently plausible at this time and with a much higher probability is: Putin orders armageddon. Russia's subs...
  4. The_Krakenite

    Crypto bosses keep resigning

    If you were to turn off the world's electricity, no ATM will give you FIAT money. So what does this silly analogy prove? I think we are still scraping the bottom of the barrel here... You are free to turn off your own electricity. So what? Your info is still on the ledger.
  5. The_Krakenite

    Crypto bosses keep resigning

    Is there actually a valid point to this? Agreed. Crypto and other inventions are useful, that's the whole point in creating them... Since PoS, this is a pointless argument. And as I have stated long before, PoW is a dead-end-tech. Even Vitalik knew this from the start of his project. Which...
  6. The_Krakenite

    Crypto bosses keep resigning

    Recognized pieces of Art do this all the time. It's just a bunch of "paint strokes". How can the Monolisa keep inflating over time?! You most certainly sell your BTC and sleep in a Holiday Inn if you wish, or purchase food. What are you talking about again? You are getting more confusing...
  7. The_Krakenite

    Theories on bitcoins muted volatility?

    The first (and only) time I traded a futures contract was the new CME Ether micros this year (or was that nanos?) futures. I forget now, but it was fun just to do my first-ever futures trade and now I can say that I have THAT experience under my belt. :D Haven't touched it ever since...
  8. The_Krakenite

    Crypto bosses keep resigning

    None of what you said makes any sense to me, so maybe I am mis-understanding it? Is this sarcasm? Disregarding what, everything positive that exists, and doesn't exist? Huh? What??? :confused: Can you please explain this in english for the stupid people like myself?
  9. The_Krakenite

    I Held That Long For - ?

    The last few days, I've been hearing ARKK has been doubling down again on Tesla. I'll still give this a pass...
  10. The_Krakenite

    I Held That Long For - ?

    Lynch would have never bought Enron in the first place. They were literally the only financial-services institution that could not release a balance-sheet or cash-flow statement with their earnings. Warning! Warning Will Robbinson! Lynch was a value-based investor, this would have totally gone...
  11. The_Krakenite

    Crypto bosses keep resigning

    Jesse Powell was unexpected. I didn't even catch any news of that happening. Kraken has been around a very long time, withstood the test of time and was one of the few platforms that had never been hacked.
  12. The_Krakenite

    I Held That Long For - ?

    Yikes! Nortel is a name that shall not be mentioned here. It also seems to bring back horrible memories to Bre-X investors...
  13. The_Krakenite

    I Held That Long For - ?

    I stayed out of the .dot com bubble as it was just too ridiculous. At least to a comp-sci major. On the other hand, now I wish I had come in just for the odd 100x bagger that would emerge later. LOL
  14. The_Krakenite

    Book recommendation request (Commodities )

    I have read many, and am hesitant to list any, as commodities is one of the hardest markets to make a profit at. Even the pros go bust all the time. And to make a point, only 1% of traders (roughly) can make profits at this, and that's the guys that are spending literally millions every year to...
  15. The_Krakenite

    Why ARK series buy and sell penny stocks with high frequency?

    Seems she still loves EVs
  16. The_Krakenite

    Interactive Brokers’ Thomas Peterffy sees the S&P 500 dropping nearly 20% from here

    I can only assume that 20% isn't factoring in the default of the UK, which will most likely suck down North America with it into the vortex of the black-hole...
  17. The_Krakenite

    The Brexit effect: how leaving the EU hit the UK | FT Film

    Well... it just happened-
  18. The_Krakenite

    Anyone else STRONGLY disagree with what the Fed is doing?

    As long as the US still allows corrupt politicians to buy votes by doing stupid stuff like forgiving bad debts to those who don't want to pay for their own stupidity.... you can't blame it all on the FED.
  19. The_Krakenite

    Mortgage fraud a contributor to Canada's housing bubble

    For the record, Canadian banks in 2007 were still not allowed to deal in the same derivatives that brought down LehMan Bros, Bear Stearns, etc. The reason being is the regulators considered them too new and too risky. For once it paid to be too late to join the party. On the flip-side, today...
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