45Doll 5,844 Posted May 29, 2022 Bitcoin... meet Big Oil & Gas. These Public Oil Companies Are Joining Forces With Bitcoin-Miners To Reshape The Industry | ZeroHedge Quote Share this post Link to post Share on other sites
father-of-three 235 Posted June 12, 2022 I was late to the crypto game (early 2021), but all my coins are now in the negative. If bitcoin drops to 20k, I expect many others to be in the same boat. Quote Share this post Link to post Share on other sites
45Doll 5,844 Posted June 19, 2022 I guess margin calls aren't just for stocks. Cascading Liquidations Send Bitcoin Below $18,000 As Daisy-Chained Margin Call Contagion Sparks Record Selling | ZeroHedge Quote Share this post Link to post Share on other sites
70gto 142 Posted June 19, 2022 This shoukd end in the 12 k range i think. Im a buyer there 12 to 16k range Quote Share this post Link to post Share on other sites
father-of-three 235 Posted July 18, 2022 With the likely announcement that the country is in a recession in the next week of so cause further dips in the crypto market? It is tempting to think that the market has already reached its low point. Quote Share this post Link to post Share on other sites
CMJeepster 2,765 Posted July 18, 2022 I won't go into a recession until after the election. Quote Share this post Link to post Share on other sites
70gto 142 Posted July 18, 2022 1 hour ago, father-of-three said: With the likely announcement that the country is in a recession in the next week of so cause further dips in the crypto market? It is tempting to think that the market has already reached its Crypto markets may be at risk this time around until the traditional markets find their footing. One day soon they will disconnect and do their own thing. Imho 1 Quote Share this post Link to post Share on other sites
JackDaWack 2,894 Posted July 18, 2022 4 hours ago, father-of-three said: With the likely announcement that the country is in a recession in the next week of so cause further dips in the crypto market? It is tempting to think that the market has already reached its low point. I thought crypto was supposed to be recession proof? LOL. Quote Share this post Link to post Share on other sites
raz-0 1,256 Posted July 18, 2022 4 hours ago, father-of-three said: With the likely announcement that the country is in a recession in the next week of so cause further dips in the crypto market? It is tempting to think that the market has already reached its low point. OK... do you remember all the noise over metals markets being manipulated by a number of banks? Well 1) The same people who predicted that behavior and how much it would cost also calculated that it would take even less money to manipulate the crypto market. 2) Those banks got into crypto and put themselves in the same position where all "market" transitions of the commodity being turned into recognized government currency had to pass through them. (i.e. everything but small person to person.) The exception to this being some even LESS ethical people playing that game. 3) The market was even less regulated than the metals market and metals ETFs. And those were very, very manipulated. Unlike with the metals market, there is no commodity with an industrial value at the bottom of the bullshit. Additionally, unlike when that manipulation came home to roost, the banks weren't trying to figure out how to not get caught manipulating a half dozen other things. The SEC blessing unlimited naked shorting in the form of single security ETFs might have eased that pressure in one spot, but imploding CMBSs are going to come home to roost real soon now, so they will still want their cash. Especially with their government co-conspirators looking for a fig leaf to cover the corruption... which will likely be the market with the least exposure for the banks. 1 Quote Share this post Link to post Share on other sites
LeaveNJ 37 Posted October 1, 2022 Once the conservatives take back control after the midterms, the stock market will settle down and start a comeback. At the same time, crypto will start its recovery. It’s a good time to DCO the top 20 or so crypto now. Make it a comfortable portion of your portfolio. Consider physical silver now as well. Comex contracts are net long now. Institutions are demanding physical. I think we’re going to see a nice pop this coming year. Quote Share this post Link to post Share on other sites
LeaveNJ 37 Posted October 1, 2022 On 5/21/2022 at 11:00 AM, 70gto said: Totally agree not your keys not yoir coins. For the folks that don't know. Its when you take your crypto off the exchanges and place in your private wallet . That no one can take from you. The equivalent of withdrawaling tour funds from the bank and keeping it in your possession in a secure wallet. That's the cliff notes. Can be discussed further if you like. Excellent advice! Get a hardware wallet and transfer your crypto to it. Secure your recovery passphrase. Quote Share this post Link to post Share on other sites
father-of-three 235 Posted November 9, 2022 And the coins take an election day tumble... Quote Share this post Link to post Share on other sites
father-of-three 235 Posted November 9, 2022 Still tumbling... Quote Share this post Link to post Share on other sites
45Doll 5,844 Posted November 10, 2022 Not the GOAT of investing. Tom Brady risks losing ENTIRE investment after FTX exchange he plunged fortune into crash | Daily Mail Online 1 Quote Share this post Link to post Share on other sites
CMJeepster 2,765 Posted November 10, 2022 2 minutes ago, 45Doll said: Not the GOAT of investing. Tom Brady risks losing ENTIRE investment after FTX exchange he plunged fortune into crash | Daily Mail Online Fuck that guy. 2 Quote Share this post Link to post Share on other sites
45Doll 5,844 Posted November 17, 2022 On 11/10/2022 at 8:57 AM, CMJeepster said: Fuck that guy. Mission accomplished. He's been named in a class action lawsuit for his role in promotion. If you want FTX inside details read this. The 'first day' bankruptcy affidavit has been filed. "This Is Unprecedented": Enron Liquidator Overseeing FTX Bankruptcy Speechless: "I Have Never Seen Anything Like This" | ZeroHedge To summarize: No record of any bank accounts No record of any cash accounts No record of any signatories No record of any employees No record of any payables or receivables No record of any investments No record of any decision-making No record of any board meetings No record of anything 1 Quote Share this post Link to post Share on other sites
father-of-three 235 Posted November 17, 2022 ^^^ Ugh. More bad news to keep coin prices low. Quote Share this post Link to post Share on other sites
JackDaWack 2,894 Posted November 19, 2022 On 11/17/2022 at 3:17 PM, 45Doll said: Mission accomplished. He's been named in a class action lawsuit for his role in promotion. If you want FTX inside details read this. The 'first day' bankruptcy affidavit has been filed. "This Is Unprecedented": Enron Liquidator Overseeing FTX Bankruptcy Speechless: "I Have Never Seen Anything Like This" | ZeroHedge To summarize: No record of any bank accounts No record of any cash accounts No record of any signatories No record of any employees No record of any payables or receivables No record of any investments No record of any decision-making No record of any board meetings No record of anything It always amazes me how stupid some people are when handing over tons of cash. Quote Share this post Link to post Share on other sites
45Doll 5,844 Posted November 19, 2022 Now that I think about it, if the objectives were what I think they were, we don't WANT any records of anything! Quote Share this post Link to post Share on other sites
JackDaWack 2,894 Posted November 19, 2022 21 minutes ago, 45Doll said: Now that I think about it, if the objectives were what I think they were, we don't WANT any records of anything! No different than the boiler rooms of the 80's and 90's. You would have to be a professional football player level stupid to give your life savings to a 20 something year old to manage with zero background on the person or company. This reminds me of all the investors in Theranos just blindly threw millions of dollars at a company because of an "idea". Quote Share this post Link to post Share on other sites
10X 3,278 Posted November 19, 2022 25 minutes ago, JackDaWack said: No different than the boiler rooms of the 80's and 90's. You would have to be a professional football player level stupid to give your life savings to a 20 something year old to manage with zero background on the person or company. This reminds me of all the investors in Theranos just blindly threw millions of dollars at a company because of an "idea". At least Holmes is going to prison, probably. It will be interesting to see what eventually happens to the FTX 'management'. Theranos was loudly and often declared a fraud by the scientific and medical device community for almost the entire time they were in existence. A lot of people (and Walgreens) could have avoided the crash by doing even a little due diligence. Quote Share this post Link to post Share on other sites
leahcim 673 Posted November 19, 2022 2 hours ago, JackDaWack said: It always amazes me how stupid some people are when handing over tons of cash. As long as they have the right ESG bonafides (or woke, or whatever bandwagon currently in vogue). Hoping this will be a black eye against ESG movement. https://www.wsj.com/articles/sam-bankman-fried-esg-truth-teller-ftx-cryptocurrency-crash-11668723808?st=nts3qunzv1chmi9&reflink=share_mobilewebshare Quote Share this post Link to post Share on other sites
JackDaWack 2,894 Posted November 19, 2022 I'm REALLY curious how this got past the SEC... Most bitcoin exchanges have been regulated for some time now. Quote Share this post Link to post Share on other sites
1LtCAP 4,259 Posted November 19, 2022 i've probably got an overly simplistic take on this? but.......golly gee......who couldn't see something like this coming? 2 Quote Share this post Link to post Share on other sites
45Doll 5,844 Posted November 19, 2022 BTW, it's not "Sam Bankman Freed". It's "Sam Bankman FRIED". As in "You're cooked!". 1 Quote Share this post Link to post Share on other sites
10X 3,278 Posted November 19, 2022 Caroline Ellison, another of the children in a top management position, recently tweeted about the wonders of regular amphetamine use. https://finance.yahoo.com/news/caroline-ellison-one-central-figures-182540293.html?fr=sycsrp_catchall Quote Share this post Link to post Share on other sites
ZissLatz 0 Posted November 26, 2022 (edited) I was skeptical about bitcoin because it seems to me that it is impossible to predict the future value of this currency. Today bitcoin is worth less than $20,000, although a year ago, bitcoin was worth $80,000. Some people lost a lot of money because of that. I've been trading on the fund market for over a year, but I try to minimize the risks. To minimize risks, I use mt5 for android because it is a very handy tool to facilitate the process of trading. It will definitely be useful for beginners and experienced traders. Edited November 30, 2022 by ZissLatz Quote Share this post Link to post Share on other sites
father-of-three 235 Posted December 17, 2022 On 7/18/2022 at 3:54 PM, JackDaWack said: I thought crypto was supposed to be recession proof? LOL. Yeah....not this recession. This current pre-Christmas freefall going into the weekend does not look good. Quote Share this post Link to post Share on other sites
JackDaWack 2,894 Posted December 17, 2022 On 11/26/2022 at 4:12 PM, ZissLatz said: I was skeptical about bitcoin because it seems to me that it is impossible to predict the future value of this currency. Today bitcoin is worth less than $20,000, although a year ago, bitcoin was worth $80,000. Some people lost a lot of money because of that. I've been trading on the fund market for over a year, but I try to minimize the risks. To minimize risks, I use mt5 for android because it is a very handy tool to facilitate the process of trading. It will definitely be useful for beginners and experienced traders. You minimized your risks by using mt5? But still lost 60k per bitcoin? Ummm. FYI it's a security, no a currency. It's also an intrinsic value security which is why you can't predict its value, ever. Quote Share this post Link to post Share on other sites
father-of-three 235 Posted January 12, 2023 Ahh.... Finally some upward movement. May it steadily continue... Quote Share this post Link to post Share on other sites