Nov 14. 2022Page removed after FTX debacle.
Dec 04. 2022ROI on mining just went down massively first time ever.
If you are a crypto entity (still in business), there are simple questions for you : *** There are currently around 10000 crypto currencies on this planet (6 registered with SEC as per SJMN Dec 23 2022). Do you have a plan to operate in a world, when there are 1000 left? Do you have a plan for only 100 left? Do you have a plan for only 10 left? How about only 2 left? ***If you can not answer all of the questions - find somebody, who can. I can.
Dec 14. 2022
Binance Banking line was disrupted for several hours and nobody could have predicted if Binance status is equal to FTX or not.
That was a clear warning shot, if people need more warning shots.
"There is at least two sides to every story".
Dec 18. 2022The Epic Collapse of Sam Bankman-Fried's FTX Exchange: A Crypto Markets Timeline
Dec 23. 2022
Few years ago I implemented one little technology (listed on this site). There was one major crypto-company, who tried to clone it and then they made a substantial money. At some point those people actually contacted me and insulted me for whatever reason. Long story short - after FTX, the market cap of that particular coin dropped 99%. So they lost all those money (and all those years). Worse yet - the technology they produced is *sub*optimal*. That is the biggest problem for most of crypto entities. 99% of them overpromise and underdeliver. If you can't differentiate between 99% of no-value and 1% value - find somebody, who can evaluate the *technical* side of the coin. That will save you substantial money. I, of course, can evaluate.
The reason I stress out the things that I know and/or can do - somebody else also knows.
Dec 27. 2022
I removed this statement, because it was related to lawyers and fintech regulations and I can not really make expert statement about that stuff, really
Jan 05. 2022
Second warning shot had been fired on BNB. It's called 'STFR'.
EU Media started to openly broadcast insane statements. First time in 30 years.
Jan 07. 2022
Between 2000 and 2008 technologies of aggression were converted into technologies of defence in SFBA. 8 years of progress.
From 2008 to 2012 was some kind of an equilibrium, I think.
After 2012 the reverse process was ignited. So it was supposed to end in 2020 then? Nah. Going stronger, actually.
Tuning a guitar has limits, checks and balances. "UN-tuning" a guitar has no limits. Progress has a ceiling. Regress has no bottom. I just learned about one little language they are going to unleash on this planet.
Crypto was a beginning.
Feb 03. 2022
Peak of the bubble was Nov 1st 2021. (Everything was pegged to BTC) but why whould people think it will go to zero? It's pegged to too many things, really. Gaming is one of those things.
"A cryptocurrency is not a currency, not a commodity, and not a security. Instead, it's a gambling contract with a nearly 100% edge for the house". He is correct, but the banks are even worse. And *that* is a problem, really.
Feb 05. 2022NFT on BTC somebody is trying to solve my puzzle (which is "NFT on BTC"). They are (of course) doing some crazy stuff, not being able to understand the puzzle. Crypto crowd is really something.