|
Salt Fish posted:They literally see your short and then spike the market for a split second right at the opportune moment. Maybe not for a small short but for anything large and organized I would guess that you'd be the mark playing 3 card monte essentially. Even with an ETF? I wouldn't be directly shorting it. If I keep this position medium term, I don't think that their knowledge of this position would help if Bitcoin heads for 5-10k or even lower. Edit: Vampire Panties posted:
I understand how this would happen on an exchange. But there wouldn't be a margin call on an ETF, right? It's just an ETF that could double or so or go to zero. small butter fucked around with this message at 21:02 on Jun 20, 2022 |
#
?
Jun 20, 2022 20:55
|
|
decentralized 
|
|
| # ? May 29, 2024 20:45 |
|
|
small butter posted:Even with an ETF? I wouldn't be directly shorting it. If I keep this position medium term, I don't think that their knowledge of this position would help if Bitcoin heads for 5-10k or even lower.
|
|
#
?
Jun 20, 2022 20:58
|
|
|
small butter posted:Even with an ETF? I wouldn't be directly shorting it. If I keep this position medium term, I don't think that their knowledge of this position would help if Bitcoin heads for 5-10k or even lower. Do it and report back. Especially if you take a hosing.
|
|
#
?
Jun 20, 2022 20:59
|
|
|
small butter posted:Even with an ETF? I wouldn't be directly shorting it. If I keep this position medium term, I don't think that their knowledge of this position would help if Bitcoin heads for 5-10k or even lower. I have an alternative investment: Give the money to me. I am disabled and poor. Send the money to me, and I promise to spend it on things for myself and my cats. You won't get any money back, but you won't get it back investing in crypto either. At least this way you could enjoy the fact that it would make my life better and not end up in a scammers wallet.
|
|
#
?
Jun 20, 2022 21:00
|
|
|
I will happily take any money you want to spend on buttcoins and use it to support local businesses buying beer and chicken wings
|
|
#
?
Jun 20, 2022 21:03
|
|
|
small butter posted:
You are correct. The posters don’t really understand what they are talking about re ETF. I would still be hesitant to touch it. I do have some open puts on COIN as a company.
|
|
#
?
Jun 20, 2022 21:08
|
|
|
Ok, so no buttcoin shorting. THANK YOU for making financial decisions for me.
|
|
#
?
Jun 20, 2022 21:09
|
|
|
You know, when P.T. Barnum was reported to have said "there's a sucker born every minute"...I think his estimation of how often they're born might have been a bit on the conservative side when it comes to buttcoins/crypto/NFTs/etc.
|
|
#
?
Jun 20, 2022 21:12
|
|
|
Are there people at coinbase, tether, celsius, etc. keeping mycrimes.txt files with the anonymous wallet addresses of all these transactions on the permanent public blockchain? They need to use these wallets for their games or to get their money out later, and cops can just use the blockchain to ID the wallets and just wait for somebody to access them?
|
|
#
?
Jun 20, 2022 21:13
|
|
|
Agents are GO! posted:I have an alternative investment: Give the money to me. I am disabled and poor. Send the money to me, and I promise to spend it on things for myself and my cats. You won't get any money back, but you won't get it back investing in crypto either. At least this way you could enjoy the fact that it would make my life better and not end up in a scammers wallet. Same except I promise to make my life worse.
|
|
#
?
Jun 20, 2022 21:14
|
|
|
Sydney Bottocks posted:You know, when P.T. Barnum was reported to have said "there's a sucker born every minute"...I think his estimation of how often they're born might have been a bit on the conservative side when it comes to buttcoins/crypto/NFTs/etc. At 525600 idiots per year, it's probably relatively close to there being one per minute for crypto.
|
|
#
?
Jun 20, 2022 21:15
|
|
|
greazeball posted:Are there people at coinbase, tether, celsius, etc. keeping mycrimes.txt files with the anonymous wallet addresses of all these transactions on the permanent public blockchain? They need to use these wallets for their games or to get their money out later, and cops can just use the blockchain to ID the wallets and just wait for somebody to access them? If they are as dumb as the Silk Road dude, then literally yes.
|
|
#
?
Jun 20, 2022 21:16
|
|
|
If you really want the crypto experience, give your money to me instead of those people above. I don't need it and I won't use it for any good purpose if I use it at all, but I won't ever give it back to you and I'll mock you for being an idiot.
|
|
#
?
Jun 20, 2022 21:19
|
|
|
ReidRansom posted:If you really want the crypto experience, give your money to me instead of those people above. I don't need it and I won't use it for any good purpose if I use it at all, but I won't ever give it back to you and I'll mock you for being an idiot. Yeah but will you give me some monopoly tokens in return? I only hold the finest in Internet points thank you.
|
|
#
?
Jun 20, 2022 21:24
|
|
|
Traditionally one purchases insulting red texts for your posting enemies. A well chosen target and message may mine a "block," which is known for technical reasons as a "QCS thread"
|
|
#
?
Jun 20, 2022 21:33
|
|
|
just play the lottery. it's easier and has a transparent and legitimate payout structure
|
|
#
?
Jun 20, 2022 22:06
|
|
|
Serjeant Buzfuz posted:Yeah but will you give me some monopoly tokens in return? I only hold the finest in Internet points thank you. Sure. I'll mark it on a Google Sheet that you can look at any time you want. You can't get more legitimate than that. It's Google; they basically ARE the internet at this point.
|
|
#
?
Jun 20, 2022 22:11
|
|
|
Sydney Bottocks posted:You know, when P.T. Barnum was reported to have said "there's a sucker born every minute"...I think his estimation of how often they're born might have been a bit on the conservative side when it comes to buttcoins/crypto/NFTs/etc. Well, the population was a lot smaller in the 1800s.
|
|
#
?
Jun 20, 2022 22:15
|
|
|
You know what, I'm just gonna ask here. What's with all the Barbies
|
|
#
?
Jun 20, 2022 22:19
|
|
|
ReidRansom posted:You know what, I'm just gonna ask here. What's with all the Barbies It's a Barbie world, and we are Barbie girls. Wrapped in plastic, it's fantastic.
|
|
#
?
Jun 20, 2022 22:29
|
|
|
DaveWoo posted:In a few weeks: "Yeah, we were audited, we passed and everything is great, no you can't see any of the audit documents" Ah, the Activision self-audit special: "The Two-Knuckle Oil Check."
|
|
#
?
Jun 20, 2022 22:47
|
|
|
DaveWoo posted:In a few weeks: "Yeah, we were audited, we passed and everything is great, no you can't see any of the audit documents" Come on, this is a professional organisation. You'll at least get to see a report signed by an auditor saying "We didn't get to see any of the source material either. So if you take their word that everything is great, everything is great".
|
|
#
?
Jun 20, 2022 22:54
|
|
|
the "Funds are Safu" binance ceo meme is so loving stupid it has completely solidified my hatred of these morons 
|
|
#
?
Jun 20, 2022 22:56
|
|
|
ReidRansom posted:If you really want the crypto experience, give your money to me instead of those people above. I don't need it and I won't use it for any good purpose if I use it at all, but I won't ever give it back to you and I'll mock you for being an idiot. Same, but I'll pretend to be the poor disabled guy who is using your money for good purposes for a bit, so you can feel like your investment is doing well. I'll also post a picture of my dick & balls when I abscond with the cash.
|
|
#
?
Jun 20, 2022 23:32
|
|
|
Agents are GO! posted:It's a Barbie world, and we are Barbie girls. Checks out
|
|
#
?
Jun 20, 2022 23:43
|
|
|
I admit I am not the most knowledgeable about the full history, but my two cents: In quite a few ways, the forex trading market of yesteryear (19XX-2010s) had similarities to cryptocurrency. Utter market manipulation in the trillions of dollars (by banks, no less); unlimited scams that targeted the old and/or poor; messiah-type figures selling trading courses or pretending to "invest" the money for hundreds of dupes; dozens of anonymous brokerages running out of tax-haven countries without extradition; dozens of brokerages that ran fake or lagging charts and executed fake orders and/or stole the customer's money if they were winning too much (still the most common scam); "binary options" that had people literally betting on "buy" or "sell" buttons to gamble on price changes; etc., etc. Some brokerages offered up to 1000x leverage on trades (and some still do!), often fake trades on fake charts that never reach the actual market, among many other ways to immediately drain the accounts of anyone signing up and trying to make a quick buck. Forex, then and now, is unregulated in many ways, but was more unregulated just a decade ago. It took scandal and robbery after scandal and robbery, including a major crash (check out that infographic, lol. The price dropped so fast it couldn't trigger stop-losses), to get US regulators to officially announce that trading forex was similar to gambling and it had to be neutered so hard that it effectively killed any reasonable forex trading in the country. They regulated it to the point where foreign countries had to agree not to allow Americans to join locally registered brokerages/platforms, blocking US citizens from as many ways to bend the rules as possible. In its current form, the only way Americans can trade forex without it being regulated to hell and back (and basically useless as a way to trade) is to join multiple shady brokerages out of the Seychelles or Cyprus or wherever, trying to spread their "risk" (money) between as many brokerages as possible in order to prevent loss when the inevitable "oops, your account got too big and we will no longer process withdrawals. Bye bye we're ghosting you now" email comes in from one of them. Only the dumbest of dumb opt to trade forex with these scummy brokers, who also pay social media influencers to shill their brokerages and show them doing fake manipulated winning trades to garner more users (YouTube and Instagram are rife with these assholes). My point is that crypto has been unregulated and manipulated by major firms and weirdos in similar ways as the forex market, and I am a believer in the idea that there will come some point soon in its existence when regulators in the US will finally step in to regulate/dismantle crypto like forex, causing the death of the industry in this country. Enough major firms and rich white boys have to lose out (much like in that flash crash I linked above) to ruffle feathers in the government, and I can't see it not happening.
|
|
#
?
Jun 21, 2022 00:15
|
|
|
Serjeant Buzfuz posted:Now's the best time to buy DoritoCoin and also SalsaCoin so you can 'dip' your coins on the Blockchain 24/7/365
|
|
#
?
Jun 21, 2022 00:19
|
|
|
Splicer posted:Can you use multiple salsas on one chip? No double dipping.
|
|
#
?
Jun 21, 2022 00:20
|
|
|
ymgve posted:if dude had actually bought in $100 increments since 2012, he would have been a multi millionaire just by hodling - gonna assume fake
|
|
#
?
Jun 21, 2022 00:22
|
|
|
PITY BONER posted:I admit I am not the most knowledgeable about the full history, but my two cents:  There's a lot of cross-pollination between forex and crypto types (or used to be). IMO this is (or was) why the industry was working so hard on a use case - if they could show that ETH or BTC would actually work as some sort of impossibly lovely Visa, than all of this crap would be instantly legitimized.   cryptocurrency is a loving scam tho
|
|
#
?
Jun 21, 2022 00:28
|
|
|
Salt Fish posted:Same except I promise to make my life worse.
|
|
#
?
Jun 21, 2022 00:29
|
|
|
ReidRansom posted:You know what, I'm just gonna ask here. What's with all the Barbies a while back cspam carpet bombed the D&D Ukraine thread with melty ai biden avs, which someone disliked enough to indiscriminately re-avatar with random barbie and lego pictures
|
|
#
?
Jun 21, 2022 00:44
|
|
|
|
|
#
?
Jun 21, 2022 00:48
|
|
|
Splicer posted:I will also make this guy's life worse. I will make all parties' lives worse. Get in on ruineveryone'slivescoin.
|
|
#
?
Jun 21, 2022 00:49
|
|
|
Papa Was A Video Toaster posted:I will make all parties' lives worse. Get in on ruineveryone'slivescoin. great, another cookie cutter altcoin that delivers no new ideas or promises.
|
|
#
?
Jun 21, 2022 00:51
|
|
|
From the bancor reddit (LMAO):Bancor posted:
|
|
#
?
Jun 21, 2022 00:55
|
|
|
Back in the day last year sometime this thing was offering literally 8000% APR, now I think it's "only" a few hundred % APR if you stake with them https://www.olympusdao.finance/ at 8000% APR you can just put $100 in there and be rich in a few years!!! how can you not just jam it all in there
|
|
#
?
Jun 21, 2022 01:01
|
|
|
Serjeant Buzfuz posted:From the bancor reddit (LMAO): WTF is "full protection from impermanent loss?" Are they guaranteeing that any losses are forever?
|
|
#
?
Jun 21, 2022 01:02
|
|
|
I mean are they wrong
|
|
#
?
Jun 21, 2022 01:03
|
|
|
|
| # ? May 29, 2024 20:45 |
|
|
CaptainSarcastic posted:WTF is "full protection from impermanent loss?" Are they guaranteeing that any losses are forever? maybe it's like a private hedge fund and they don't mark to market and tell you about the temporary losses, only the gains or when the fund goes to zero. apparently, research suggests that people will pay a premium for an investment that doesn't mark to market for this type of peace of mind, so who the gently caress knows?
|
|
#
?
Jun 21, 2022 01:06
|
|
