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AndreTheGiantBoned posted:Thank you, that's the guy. nothing on bitcoin though? drat That video goes through the whole Crypto space*, from bitcoin to the bored ape yacht club. *like a tornado through a trailer park.
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Jun 13, 2022 21:02
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wyoak posted:thats not how the moon works!
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Jun 13, 2022 21:04
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Albania had a civil war over Ponzi schemes collapsing. I wonder what Bitcoin is going to do.
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Jun 13, 2022 21:07
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Was trying to discuss bitcoin with a regulator recently, and he keep trying to come up with metaphors like “imagine bitcoins are tokens of Chuck E. Cheese“ and we kept having to go backwards because there is no currency less useful then online points.
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Jun 13, 2022 21:10
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Just to be clear, that pension fund invested in the company, not the crypto. Basically they wanted to be on the scammer side, not the scammed side. Still bad obviously
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Jun 13, 2022 21:16
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HappyHippo posted:Just to be clear, that pension fund invested in the company, not the crypto. What a return on investment!!
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Jun 13, 2022 21:30
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MickeyFinn posted:Albania had a civil war over Ponzi schemes collapsing. I wonder what Bitcoin is going to do. Not to nitpick, but Albania was in the process of ditching a Stalinist government when that happened, and the economy was basically nothing but ponzi schemes at that point. I listened to the Lions Led By Donkeys episode on this and hoo boy, it's a wild ride
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Jun 13, 2022 21:31
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Squinky v2.0 posted:It’s not a bank run, it’s just that the bank doesn’t have enough money for all the people trying to withdraw their money Obviously you're going to have to deposit more money if you want to have a chance of getting any of your money out of the bank. Why are you looking at me like that?
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Jun 13, 2022 21:35
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Durzel posted:Indeed. Isn't that cute, the minnows want to be profiteers just like the whales.
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Jun 13, 2022 21:39
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Scratch Monkey posted:Which robo do you use? I use Wealthfront and while they do see to dabble in crypto as far as I can tell none of the funds my money is in are there. All I have there is a rollover IRA though. I'm in Canada and was with Wealthsimple and they were trumpeting their addition of crypto buying and selling and I just got nervous that their funds might contain it. Also I got a proper financial adviser now so just moved everything over. It was probably going to be fine but their whole boisterous "now you can buy CRYPTO!" blasting me with emails really soured me on them.
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Jun 13, 2022 21:40
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 Crypto is great because it’s immune to other market forces! Also crypto 
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Jun 13, 2022 21:44
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HolHorsejob posted:Not to nitpick, but Albania was in the process of ditching a Stalinist government when that happened, and the economy was basically nothing but ponzi schemes at that point. Ohh yeah, we are lucky crypto didn’t get that large. But plenty of people are going to be poorer for this, some of them are going to be really angry, and the US has a lot of guns. That is a good recipe for problems.
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Jun 13, 2022 21:46
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Hey, it's independently falling five times faster than the market, that's nothing to scoff at
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Jun 13, 2022 21:46
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MickeyFinn posted:Ohh yeah, we are lucky crypto didn’t get that large. But plenty of people are going to be poorer for this, some of them are going to be really angry, and the US has a lot of guns. That is a good recipe for problems. I mean, the only people they can realistically target is Matt Damon and Gary Vee. Everyone else is ape avatar on Twitter or overseas
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Jun 13, 2022 21:49
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steinrokkan posted:Hey, it's independently falling five times faster than the market, that's nothing to scoff at 
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Jun 13, 2022 21:51
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tpink posted:Thanks!! sure thing, I especially like the episodes with Travis Kimmel ( their funniest guest), David Gerard, and Doomberg if you haven’t listened to those yet WorldIndustries fucked around with this message at 22:06 on Jun 13, 2022 |
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Jun 13, 2022 22:04
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Thundercracker posted:I mean, the only people they can realistically target is Matt Damon and Gary Vee. Everyone else is ape avatar on Twitter or overseas Don’t forget Tom Brady
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Jun 13, 2022 22:05
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Wifi Toilet posted:Don’t forget Tom Brady Tom Brady won't let me no matter how hard I try
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Jun 13, 2022 22:11
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Vincent Van Goatse posted:Tom Brady won't let me no matter how hard I try next time you'll think twice about counting him out we all will
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Jun 13, 2022 22:22
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How has there not been a bigger spotlight on these companies halting withdrawals? Or is that expected behavior for all this?
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Jun 13, 2022 22:40
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back under 23k, let's fukken goooooooo
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Jun 13, 2022 22:43
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here we go, all the east coast 9-5ers are getting home and bailing.
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Jun 13, 2022 22:43
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It is fun that the market for this goes all day unlike the stock market. But the stock market can have some big drama when something plunges immediately on opening.
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Jun 13, 2022 22:45
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Hughmoris posted:How has there not been a bigger spotlight on these companies halting withdrawals? Or is that expected behavior for all this? From whom? Most of the mainstream news articles I’ve read today have titles such as “X exchange halts trading as Bitcoin drops below Y”. The info is out there.
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Jun 13, 2022 22:46
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Nessus posted:I'm hoping Schwab doesn't touch the poop. Every financial institution and hedge fund with a high frequency trading algorithm has been balls deep in the poop since CNBC started running bitcoin on its tickers because they can front run the pyjama traders running their homebrew desktop bots
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Jun 13, 2022 22:46
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 LETS loving GOOOOOO
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Jun 13, 2022 22:50
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Is there a list of key levels for margin calls etc?
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Jun 13, 2022 22:51
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The Rabbi T. White posted:
What’s the opposite of to the moon ?
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Jun 13, 2022 22:52
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Sophy Wackles posted:Is there a list of key levels for margin calls etc? $21k apparently for this guy: https://saylortracker.com/ $18k for Celsius.
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Jun 13, 2022 22:52
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Hughmoris posted:How has there not been a bigger spotlight on these companies halting withdrawals? Or is that expected behavior for all this? I think its expected. I mean, what's even the angle? Completely unregulated scam market keeps on scamming idiots? News might as well talk about Nigerian prince scams at th that point. Like a part of a human interest story is It Could Happen to Youuuuu. Talking about investments that no one understands and a minute fraction of viewers are bought into is not a ratings getter.
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Jun 13, 2022 22:53
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MarcusSA posted:What’s the opposite of to the moon ? Aimed for the moon, ended up crashing into the sun
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Jun 13, 2022 22:53
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noom
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Jun 13, 2022 22:54
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from the sun, cause these dum dums are getting burnt
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Jun 13, 2022 22:56
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It feels weird to link a tweet that screenshots YOSPOS but I didn’t see anything here earlier re: Bitfinex, Tether, and the money printer: https://twitter.com/LizRummy/status/1536422622287773696?s=20&t=MkwqtMsKkps8828QUnUDGQ
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Jun 13, 2022 22:57
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Tonight’s crypto.com commercials during the nba finals will give a brand new audience front row tickets to this train wreck
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Jun 13, 2022 22:57
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MarcusSA posted:
It seriously is like the worst of both worlds - crypto prices generally move in the same direction as equities, EXCEPT WORSE.
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Jun 13, 2022 22:57
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Booyah- posted:sure thing, I especially like the episodes with Travis Kimmel ( their funniest guest), David Gerard, and Doomberg if you haven’t listened to those yet I haven't yet, so adding them to my to-listen list, thank you!
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Jun 13, 2022 22:58
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Koopa Kid posted:It feels weird to link a tweet that screenshots YOSPOS but I didn’t see anything here earlier re: Bitfinex, Tether, and the money printer: Yeah I read that last night and it’s a fantastic explanation of things. Shits so so dumb
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Jun 13, 2022 22:58
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MarcusSA posted:Yeah I read that last night and it’s a fantastic explanation of things. queue a million people with .eth twitter handles saying that it’s just like the regular banking system
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Jun 13, 2022 23:04
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MarcusSA posted:What’s the opposite of to the moon ? The previous title I think said straight to hell. The hodl elevator will bring them to the secret 10th lair.
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Jun 13, 2022 23:04
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