It took seven years, but we finally earned a $100M+ exit.
So many hard-learned lessons—hopefully sharing them here will give you an advantage.
A checklist of everything it took. 🧵
@krakensupport https://t.co/1gVfhFc8yv
@krakenfx "Kraken maintained sole custody of the margined assets, according to a CFTC press release. "
🤔Who benefited from forced liquidations after being on the wrong side of highly levered bets?🤔
@krakensupport During the 2/22/21 Flash Crash on Kraken Kraken's price deviations from an average price comprised of at least 5 other exchanges were statistically impossible for a well run exchange. Many retail traders suffered losses. Why were there no controls in place?
DROUGHT:
On top of the heat, the West is suffering from an historic, climate-fueled drought. Its impact on our water infrastructure is nothing short of catastrophic.
Farmers, city officials, & families are reckoning with impossibly-difficult decisions.
https://t.co/Um91n9Nz4l
At the end of May the inflation-adjusted S&P 500 index price was 169% above its long-term trend.
In 1929, it was 79% above trend.
In 2000, it was 123% above trend.
@almosterick@binance@krakenfx@jespow Pls for the love of god w/e you do, do not choose kraken. They stole 100's of millions from their customers last week. Are about to enter massive litigation and face billions of $'s in charges. They have large history of this, and will def do it again! #justiceforkrakentraders
Charlie Munger at The Daily Journal meeting right now, talking about spacs: “The investment banking profession will sell shit as long as shit can be sold.”
@krakensupport I was monetarily damaged by Kraken's actions and lack of actions in the flash crash on 2/22/21. @krakenfx or Payward should restore harmed amounts. I'm open to seeking judgement in California and Connecticut, writing States' Attorney Generals and going to the financial media.
The nastiest cruelest bully braggart on the internet just accused me of having road rage because I wouldn’t take his false, malicious, and bizarrely irrelevant attack lying down.
That’s something right?
I learned many life lessons and skills by competing in an extremely challenging sport. Great article on one of the best coach's in the world https://t.co/cYk0hNkRQd