Its a Limbo fest, how low can you go!
The preposterous portfolio and tumultuous trading thread (*At your own risk)
- Thread starter gonefirefightin
- Start date
right now i'd say that's a pretty big "IF"
eventually no market will be just as bad as a crashed one.
markets' not any good if no businesses exist and there's nothing to buy
And without the market it will be much much harder to adapt to that.
Good time to buy?
Cant buy if they never open the marketsGood time to buy?
Slight correction in Energy from the spike earlier in the week. Pretty sure there is room to grow in inflation depending on the Feds and the hike. The current conflict and sanctions are what is moving the energy sector around. Seems there might be a floor to gas prices yet.
18 day analysis from this original post before Ukraine started.
With the exception of Boeings bad press from netflix and The ammo companies not getting contracts quite yet for the current conflict, These positions are maturing well.
With the exception of Boeings bad press from netflix and The ammo companies not getting contracts quite yet for the current conflict, These positions are maturing well.
Throwing this in here since the NFT thread is getting bleed over into crypto.
So this is going down as something that could literally devalue and centralize all crypto
TLDR version
since the FTX drama, the trade commission and SEC are going full moran with crypto
This year the SEC won a case against (LBRY) that its crypto was issued and sold as a security. This means that specific blockchain and crypto are now regarded as a form of fiat currency (USD)
now with some steam, the SEC is heading after ripple (XRP), and Cardano (ADA) and now dipping into the Binance/FTX deal, some say this could end up completely decentralizing all crypto and thus turning them into legit securities
/cloudfront-us-east-2.images.arcpublishing.com/reuters/GCF7IZ5W6RPYNF2LCN4GUMUICI.jpg)
www.reuters.com
www.analyticsinsight.net
So this is going down as something that could literally devalue and centralize all crypto
TLDR version
since the FTX drama, the trade commission and SEC are going full moran with crypto
This year the SEC won a case against (LBRY) that its crypto was issued and sold as a security. This means that specific blockchain and crypto are now regarded as a form of fiat currency (USD)
now with some steam, the SEC is heading after ripple (XRP), and Cardano (ADA) and now dipping into the Binance/FTX deal, some say this could end up completely decentralizing all crypto and thus turning them into legit securities
U.S. securities regulators win case against crypto company LBRY
The U.S. Securities and Exchange Commission won its lawsuit against blockchain-based publishing company LBRY Inc on Monday when a U.S. judge ruled that the company offered its digital assets as securities.
www.reuters.com
Ripple (XRP) and Cardano (ADA) are Tanking Amid the FTX/Binance Drama
Ripple (XRP) and Cardano (ADA) have received big blows from the FTX/Binance drama. The broader crypto market tanked after Binance backed out from its supposed F
This seems like an overly-optimistic take.
Seems the SEC wants more of the cut than the IRSThis seems like an overly-optimistic take.
And the dumb criminal hacker award goes to......
www.coindesk.com
the looter tried to send tether (USDT) stablecoin on the Tron blockchain multiple times unsuccessfully because they didn’t have enough TRX, the Tron network’s native token, in the wallet to pay for transaction fees. So the looter used their verified personal account on crypto exchange Kraken to send 500 TRX to the compromised wallet address to cover the transaction gas fees
FTX Hack or Inside Job? Blockchain Experts Examine Clues and a ‘Stupid Mistake’
Insolvent crypto exchange FTX suffered a $600 million exploit late Friday after filing for bankruptcy protection.
the looter tried to send tether (USDT) stablecoin on the Tron blockchain multiple times unsuccessfully because they didn’t have enough TRX, the Tron network’s native token, in the wallet to pay for transaction fees. So the looter used their verified personal account on crypto exchange Kraken to send 500 TRX to the compromised wallet address to cover the transaction gas fees