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OT: Bitcoin, Altcoins, NFT's & All Things Crypto

as I said earlier, 'worldcom says hello'
Binance is not a public company.

I just gave the article a quick look over(way too long for something I don't care that much about) but the only mention I saw of Coinbase was this.

"Binance is not required to publish detailed financial statements because it is not a public company, unlike U.S. rival Coinbase, which is listed on the Nasdaq."
 
Can sell Jan 20th, $115 calls for a 2.5% premium.
brah... the bad news doesn't start until after... we are talking 2Q-3Q..... and the way the market doesn't listen.. it might be 4Q....

no one has patience anymore...
 
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brah... the bad news doesn't start until after... we are talking 2Q-3Q..... and the way the market doesn't listen.. it might be 4Q....

no one has patience anymore...
Inflation will be in the low 3’s by the end of Q2. The next bull run will be raging by then.
 
Binance is not a public company.

I just gave the article a quick look over(way too long for something I don't care that much about) but the only mention I saw of Coinbase was this.

"Binance is not required to publish detailed financial statements because it is not a public company, unlike U.S. rival Coinbase, which is listed on the Nasdaq."
intimation is lost on you
 
Inflation will be in the low 3’s by the end of Q2. The next bull run will be raging by then.
We can hope. I don’t see it.

Supply chains have improved - so that component of demand inflation has slowed. Housing still high - but indications are that component will run-out by E1Q - but otherwise... I don't see how we get from 7 to "low" 3s.

Employment remains strong, spending remains strong, still $1.5T in excess savings to wring out. Perhaps terminal Fed Funds peak at end of 1Q (i think they peak 5.5-6 - but JMO). No indications Powell will start cutting rates early... we haven't even seen market pricing for lower profits and lower future earnings projections.

labor and energy will remain "sticky" (as they say...)

I think the market is way ahead of itself and the pain hasn't started...

Don't get me wrong... way easier to make money on a 15-20% run-up in Spix than some higher fixed income.. but - this is the most well expected recession in history... and markets have a way of punishing expectations....
 
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Any update on Grayscale? If they are in the clear or still at risk.
Just avoid it. Something has to give.

Just buy and hold bitcoin on cold storage.

stay away from the space for a while. you can't time a mkt but you can get in early on a reversal be patient, more pain coming in crypto
Theres a lot more pain coming to crypto. I wouldnt want to be holding bags on any alt coin right now. There may be a few more buying opportunities for bitcoin but I still feel the floor has been realitiely set. Thats barring another major event, binance, gbtc, bizarre sbf testimony, tether implosion, etc. Theyre all viable concerns, but hodlers have set a solid floor. If a major event occurred, a quick drop would happen and we'd prob bounce back quickly to that 16 floor as limit orders are filled.

There's no hope trying to timentje market, so I keep dca-ing.
 
Just avoid it. Something has to give.

Just buy and hold bitcoin on cold storage.


Theres a lot more pain coming to crypto. I wouldnt want to be holding bags on any alt coin right now. There may be a few more buying opportunities for bitcoin but I still feel the floor has been realitiely set. Thats barring another major event, binance, gbtc, bizarre sbf testimony, tether implosion, etc. Theyre all viable concerns, but hodlers have set a solid floor. If a major event occurred, a quick drop would happen and we'd prob bounce back quickly to that 16 floor as limit orders are filled.

There's no hope trying to timentje market, so I keep dca-ing.
Very good advice. Can't do cold storage, but my compromise is to use Fidelity (BTC and ETH) when the time is right. Being patient.
 
SBF said he was broke - then came up with $250,000,000 cash....

I think we can skip the trial....
20tbjf.gif
 
Buy BTC, not gold. Don't be dumb. :)


Pretty bold of him considering he got rug pulled not long ago, and also in his own words thought SBF was “smart”. Now he thinks he’s in the right to call people “dumb as ____” because they don’t want to expose themselves to ponzinomics? Yea, but no I don’t really care about what Russ Hanneman has to say on the topic.

https://decrypt.co/73810/mark-cuban-hit-apparent-defi-rug-pull

https://www.cnbc.com/amp/2022/12/01...m-bankman-fried-should-be-afraid-of-jail.html
 
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Pretty bold of him considering he got rug pulled not long ago, and also in his own words thought SBF was “smart”. Now he thinks he’s in the right to call people “dumb as ____” because they don’t want to expose themselves to ponzinomics? Yea, but no I don’t really care about what Russ Hanneman has to say on the topic.

https://decrypt.co/73810/mark-cuban-hit-apparent-defi-rug-pull

https://www.cnbc.com/amp/2022/12/01...m-bankman-fried-should-be-afraid-of-jail.html
sounds like every tech-investor telling me how tech is now totally over-sold.....

"i was wrong before, but listen to me now!!!"
 
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Pretty bold of him considering he got rug pulled not long ago, and also in his own words thought SBF was “smart”. Now he thinks he’s in the right to call people “dumb as ____” because they don’t want to expose themselves to ponzinomics? Yea, but no I don’t really care about what Russ Hanneman has to say on the topic.

https://decrypt.co/73810/mark-cuban-hit-apparent-defi-rug-pull

https://www.cnbc.com/amp/2022/12/01...m-bankman-fried-should-be-afraid-of-jail.html
he's a hack and front runs using his media platform
 
Curious how Crypto-guys so often explain how the Token-ecosphere is just like gold.. but better.

where goldguys explain how gold is gold and never need to mention BTC....
Because gold guys are old and still use a rotary phone. :)
 
At least Sam waited a few days after making bail to start playing games again. He shouldn’t have been allowed to access anything as a condition of his bail.

 
At least Sam waited a few days after making bail to start playing games again. He shouldn’t have been allowed to access anything as a condition of his bail.


“Crypto mixers are often used by market exploiters and criminals to obscure the transaction path so that the funds cannot be traced to the original source.”

But but but the ledger?!!
 
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One of the Winklevoss twits is throwing a public snit with the owner of Genesis Capital & Digital Currency Group. That can't be a good start to the new year.
 
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It’s like Eth, just 100 times faster (actual number) and at a fraction of the cost. It’s gone down a few times which is clearly problematic. Once they fix that, could be interesting.
A few times? :)

The network is way too centralized, which makes it prone to attacks and crashing. It has a long way to go.
 
A few times? :)

The network is way too centralized, which makes it prone to attacks and crashing. It has a long way to go.
It’s a two year old chain in live beta with more stability after each upgrade. Not a long way to go at all. It’s less centralized than Eth now but I’m sure you can break down the pitfalls of the Nakamoto Coefficient for us all.
 
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