I fail to see any benefit of BSC and its dapps after Polygon got adopted. Its just a way to go down with the CZ ship, the king of corner cutting and regulatory madness. "We dont have a headquarters" rofl
I'm unfamiliar with Matic ecosystem. Does it have a dex that has a daily trading volume of $1B? Does it have a higher defi tvl of $27B? Genuinely asking... There is a risk that CZ gets arrested by a hostile government. There is a risk all Binance operating entities are shutdown by a hostile government. There is a risk that Binance Smart Chain is shutdown, although more difficult due to decentralized nodes Risk does not equal certainty BNB and Cake are doing just fine, price-wise so the market does not seem to be pricing in a doom and gloom https://coinmarketcap.com/exchanges/pancakeswap-v2/ https://www.defistation.io/
You know what else is doing fine price wise? Ether Rocks. ICX was doing great in 2018 too, EOS, etc. Remember Ziliqa? Also did great. Price at during a strong bull market doesnt mean much. Long-term BSC doesnt make much sense, not if its still attached to Binance. Those numbers you quoted are from people that dont know much about risk, the Boxminings of the world. People that love high yields at the risk of losing everything. Its not wonder you used to stake at BlockFi
I never owned EOS or Ziliqa or ICX or Ether rocks and has no relevance to me The way you put things make it seem like you have claimed victory. BlockFi is alive and kicking and it's not my place to defend how Boxmining lost or got lucky to not have lost any funds Hacks will happen, rugpulls will happen, whether in Ethereum where many have occured, or in Bsc We take calculated risks in everything we do/invest in I have not invested in a rugpull, yet, knock on wood...
https://gamestop.gcs-web.com/news-r...ls/gamestop-reports-financial-results-q2-2021 Behind the mainstream narrative that Gamestop is a meme stock that has little to no value is a brutal truth: Gamestop is now a growing tech company that trades at 2 times sales. It has a great management team (most tech companies are ALL about human capital). It also has a giant cash pile which means it will be in business for a long-time. It also has a strong brand, especially with young people I wouldnt want to be short this in any situation, so that means my long is looking better by the day
I was wrong on the GSEs preferred but I have not sold. They are trading at ridiculous prices because when a republican wins the White House, they will most likely be privatized So here is a trade I think it will work: buying them right now and then selling in the months the next presidential election Biden has screwed up on Afghanistan and the more he makes mistakes, the higher the chance of a Republican president. FNMFN for instance, will be worth par at a privatization ($50) but it trades at $3 right now. a 16.6 pay off. These prices dont make sense, its only there because people are sick and tired and gave up after the SCOTUS decision. But it should be at least at $5-$7, and I think it will go there as Biden makes mistakes and goes deeper into dementia These are perpetual call options, so I'm not selling, but if I didnt had a position, I would buy some
"Uranium Stocks Explode As WallStreetBets Goes Nuclear" https://www.zerohedge.com/markets/uranium-stocks-explode-wallstreetbets-goes-nuclear Uranium was in a nasty bear market for 9 years before this interest in the last year, its still SUPER early for this trend. There will be some nasty pullbacks along the way (prob one soon given that im posting about it) but I think the trend will remain upward Even Elon Musk likes uranium as an energy source, uranium is an inevitability
Universal Music IPO tomorrow on the Netherlands exchange I'm buying https://variety.com/2021/music/news/universal-music-group-39-billion-ipo-1235069327/
Ackman is doing a SPAR airdrop for PSTH holders, or at least trying to He is also learning about VC investing and crypto I dont know what this all means other than I'm pretty happy having a significant position in PSTH. The Tontine structure means he will reward investors who stick with him into his death or retirement pretty much, plus, other stuff that he might do down the line (more airdrops)
This Russian war might be to certain strategic assets what covid was to tech stocks (ZOOM, etc) What assets can be considered strategic? I'm thinking Energy, gold (given that the USD can be used as a weapon), microchips (Taiwan accounts for 92% of the worlds semiconductor manufacturing capacity) but also Bitcoin, given that its superior to gold (indeed, Russian gold is banned from being accepted in London). I'm already long Uranium (which could become the next strategic asset for countries to acquire as to stop being dependent on Putin) and Bitcoin. But I'm considering increasing both positions, as well as adding other strategic assets to my portfolio. Anyone can think of other assets that are now a matter of national security?