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I hate this bullshit so much
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Jun 23, 2022 18:56
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Is there a reason they picked this particular jpeg of a chimp and decided to Malibu Stacy it, and assign different values based on whatever fun hat it’s wearing? I understand it’s a scam or whatever, I just don’t know why they picked that specific drawing.
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Jun 23, 2022 18:59
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How many wallet stealer QR codes do you think are on this sign?
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Jun 23, 2022 18:59
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What the gently caress is a "story-based" NFT
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Jun 23, 2022 18:59
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Rotten Red Rod posted:What the gently caress is a "story-based" NFT Story based scams
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Jun 23, 2022 19:01
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your image of an ape created by randomly combining different hats and mouths is now also associated with an OpenAI-generated paragraph of text based on keywords associated with the various graphical elements
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Jun 23, 2022 19:02
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Blotto_Otter posted:(also, somehow this crypto exchange-slash-investment bank has not turned a profit for at least the last four years? the hell have you guys been doing that your combined exchange/cryptobank couldn't skim a profit during that insane crypto bull market???) The entity hasn't returned a profit to retail investors, no. I'd bet that most of the $16m in "other liabilities" is basically the founders paying themselves back for their initial investments. I'd also bet that most of their operating cash has been used to buy the founders' crypto holdings. The cool thing is that when this goes down, all the looting means there's no profit left to distribute to the investors! Operating at a net loss is fantastic for their purposes.
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Jun 23, 2022 19:05
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Run around screaming "SOMEONE STOLE MY APES! SOMEONE STOLE MY APES!"
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Jun 23, 2022 19:05
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LifeSunDeath posted:Run around screaming "SOMEONE STOLE MY APES! SOMEONE STOLE MY APES!" 10 guys show up and ask you to fill out a google forms thing on their phone so they can help you get them back.
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Jun 23, 2022 19:09
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Jun 23, 2022 19:22
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ape fest more like.. fat pees.
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Jun 23, 2022 19:29
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Got em
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Jun 23, 2022 19:32
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the saddest apefest got held right after a major crypto crash, it will be followed by the next saddest ape fest next year after another major crypto crash.
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Jun 23, 2022 19:35
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Saw this a few nights before apefest. i hope they got licenses for all these! 
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Jun 23, 2022 19:35
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aeiou posted:Saw this a few nights before apefest. i hope they got licenses for all these! god loving drat, this poo poo is so ugly.
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Jun 23, 2022 19:36
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gotta pay for my desserts in fiat smdh
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Jun 23, 2022 19:38
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aeiou posted:Saw this a few nights before apefest. i hope they got licenses for all these! Guaranteed there was at least one zoomer at ape fest that had a sleeve of tattoos just like this.
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Jun 23, 2022 19:49
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aeiou posted:Saw this a few nights before apefest. i hope they got licenses for all these! 100% they just want to show off their own dumbass NFTs because cryptobro peacocking or something I guess.
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Jun 23, 2022 19:51
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Tricky Ed posted:The entity hasn't returned a profit to retail investors, no. I'd bet that most of the $16m in "other liabilities" is basically the founders paying themselves back for their initial investments. I'd also bet that most of their operating cash has been used to buy the founders' crypto holdings. you're probably right about the founders looting it, I'm just amazed at the retail rubes who gave this company a valuation of $3 billion at one point. (They seem to have caught on to the scam now, as its market cap is now down below $150 million, which is a hundred mil lower than the company's 3/31/22 net book value, lol.)
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Jun 23, 2022 19:52
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aeiou posted:Saw this a few nights before apefest. i hope they got licenses for all these! wow that truck must be worth millions!
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Jun 23, 2022 20:00
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Klyith posted:anus was saying it was gonna go back up right before it dropped from 21 to 18. so if he's saying it's gonna slide to 14 that probably means were in for a manipulation rally. oh right I almost forgot about this: notwithoutmyanus posted:Yeah. You could put it in as USD and get APY (4%/yr) as well on nexo, it's not like it had to be tether. Only problem is a lack of FDIC insurance. But it would have solved their financial poo poo pretty quickly without a lot of risk. They came into a lot of money and wanted to dump it into a house, which would have created more bills. If I had $1m sitting around I would park it into nexo's USD and try to never have to touch the principle or something. Which, by the way, if you look at the entire market hellscape (not just crypto), would have worked out just fine. I mean what is the alternative given a market waiting for a recession, invest away? I mean hell, Anchor is one thing that was lovely and a straight ponzi. Nexo is at least a little better on that one. you told someone to put 80% of their net worth (something like 700k or more iirc) into a lovely Celsius-like exchange. Just because you put it in as USD doesn't mean it's more safe than whatever else nexo is doing to prop up their returns. also nexo might be in trouble just like BlockFi as the others https://twitter.com/Cryptadamist/status/1539681956455120898
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Jun 23, 2022 20:00
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aeiou posted:Saw this a few nights before apefest. i hope they got licenses for all these! Wow, they funged that token.
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Jun 23, 2022 20:00
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God drat it I’m sick of farting around 20k, I want blood
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Jun 23, 2022 20:14
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DAD LOST MY IPOD posted:God drat it I’m sick of farting around 20k, I want blood It's crazy to me that the price is maintained despite exchanges all over the place completely halting withdrawals, but maybe that's the reason the price isn't dropping, nobody is allowed to sell right now.
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Jun 23, 2022 20:20
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I looked into getting a custom inflatable like this made for an old job and it was like tens of thousands of dollars, what an absolute waste.
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Jun 23, 2022 20:23
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A talking coyote posted:Is there a reason they picked this particular jpeg of a chimp and decided to Malibu Stacy it, and assign different values based on whatever fun hat it’s wearing? I understand it’s a scam or whatever, I just don’t know why they picked that specific drawing. they're created by racist neo-nazis who got filthy rich by being lucky and early in bitcoin, and they think its funny
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Jun 23, 2022 20:31
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Serious_Cyclone posted:It's crazy to me that the price is maintained despite exchanges all over the place completely halting withdrawals, but maybe that's the reason the price isn't dropping, nobody is allowed to sell right now. "Selling" a bitcoin on an exchange literally does nothing as those transactions don't interact with the blockchain. It's just funny numbers in an app. As long as the money does not get pulled out back into people's bank accounts, exchanges can make the number be whatever they want (slightly limited by needing to either agree on price-fixing or correlating with actual on-chain whale transactions). Rad Russian fucked around with this message at 20:42 on Jun 23, 2022 |
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Jun 23, 2022 20:39
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Rad Russian posted:"Selling" a bitcoin on an exchange literally does nothing as those transactions don't interact with the blockchain. As long as the money does not get pulled out back into people's bank accounts, they can make the number be whatever they want. So when these "stablecoins" print infinite money (which is totally, we promise, backed by actual dollars), is it directly being used to buy more Bitcoins or Etherium or DrunkMarmosetCoins or whatever? Is that how this part of the grift works, using infinite fake money to prop up the other fake money?
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Jun 23, 2022 20:41
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WhiteHowler posted:So when these "stablecoins" print infinite money (which is totally, we promise, backed by actual dollars), is it directly being used to buy more Bitcoins or Etherium or DrunkMarmosetCoins or whatever? Is that how this part of the grift works, using infinite fake money to prop up the other fake money? I'm quite sure exchanges are illegally using people's USD balances to convert those into stable coins behind the scenes to prop up things like BTC. The entities stopping withdrawals right now are the various pyramid schemes (like Luna and now Celcius). Not the exchanges themselves. You can withdraw your money from an exchange just fine, they're relying on everyone NOT trying to withdraw at once. I think even if 50% of crypto investors came to their senses and withdrew their balances back into banks, the exchanges and Tether will collapse. Maybe even like 30% of investors. All the shady exchanges actually having 50% of the assets that people already gave them is a generous assumption. Who knows how they were gambling with everything behind the scenes to make more money. We already saw lots of evidence of these morons like 3AC investing their customer's money into various other pyramid schemes. Rad Russian fucked around with this message at 20:54 on Jun 23, 2022 |
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Jun 23, 2022 20:43
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Serious_Cyclone posted:It's crazy to me that the price is maintained despite exchanges all over the place completely halting withdrawals, but maybe that's the reason the price isn't dropping, nobody is allowed to sell right now. All of the major exchanges are currently allowing withdrawals.
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Jun 23, 2022 20:44
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https://twitter.com/web3isgreat/status/1540055110495211522 https://twitter.com/web3isgreat/status/1540058386405986305
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Jun 23, 2022 21:22
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Booyah- posted:https://twitter.com/web3isgreat/status/1540055110495211522 Please, everyone calm down. We will let you make a run on our bank after the founders have taken out whatever we can.
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Jun 23, 2022 21:39
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Dr. Video Games 0031 posted:All of the major exchanges are currently allowing withdrawals. Booyah- posted:https://twitter.com/web3isgreat/status/1540055110495211522 
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Jun 23, 2022 21:41
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well he didn't say they'd be allowing withdrawals all afternoon, jeez
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Jun 23, 2022 21:43
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Poorly aged things. That was a fairly big one according to CoinMarketCap
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Jun 23, 2022 21:53
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https://twitter.com/kiikazuu/status/1539854636076630017?s=20&t=eN_DnSGCoDqJ6BaqtnSoLA
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Jun 23, 2022 21:54
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Ape shall not diss ape!
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Jun 23, 2022 21:57
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Blotto_Otter posted:So I got curious and looked up Voyager's 3/31/22 interim financials (available here, on the Canadian equivalent to EDGAR), and at that time, they had about $5.5 billion in "crypto and fiat" liabilities for funds/assets deposited by customers. They had only $99 million in unrestricted cash and equivalents on hand (plus another $110m or so in cash on customer deposits). Of the $5.4 billion worth of cryptos they had, they had loaned out $2 billion, a full third of which we now know went to 3AC. As of the end of today, investors have valued the company at $111.94M ($0.56/share x 196,003,647 shares). Based on the above post, that's essentially just a little bit more than the cash on hand. Effectively, the market has decided the company is essentially worthless.
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Jun 23, 2022 21:58
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LifeSunDeath posted:https://twitter.com/kiikazuu/status/1539854636076630017?s=20&t=eN_DnSGCoDqJ6BaqtnSoLA "We're looked up to"
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Jun 23, 2022 22:10
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| # ? May 29, 2024 01:24 |
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LOL https://en.wikipedia.org/wiki/Virgil_Griffith quote:On November 28, 2019, Griffith was arrested by the Federal Bureau of Investigation for providing "highly technical information” to North Korea, knowing that this information could be used to help North Korea launder money and evade sanctions."[29] The charges stem from his unsanctioned participation in an April 2019 blockchain and cryptocurrency conference held in Pyongyang, North Korea. During and after the conference, Griffith was alleged to have discussed means through which North Korea could use cryptocurrency to evade economic sanctions and being the peace connector between North and South Korea.[30][31] Upon Griffith's arrest, Ethereum co-founder Vitalik Buterin initiated an online campaign for his release which, according to one source, could not garner many supporters.[32] He helped North Korea figure out how to use crypto to fund their nuclear program, AKA "peace connector." It's a farce that this dipshit only got five years in jail for this. LifeSunDeath posted:https://twitter.com/kiikazuu/status/1539854636076630017?s=20&t=eN_DnSGCoDqJ6BaqtnSoLA The comment section on the OP is hilarious. First the guy in the image "bumped" somebody??? And then the OP changed their story to "he shoved a girl, this is abuse on women," and then got sour over the comments roasting everything about the story and the post. No one is really sure what this idiot is trying to say, and I think the yellow sweatshirt guy in the image is actually the OP, which makes this even more ridiculous. I clicked the link in his profile because he says he is a "contemporary artist" who paints crypto, and it's literally bad photoshops of monkeys in other people's work or stock photos. https://opensea.io/collection/cryptopainter Big OG energy right here.
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Jun 23, 2022 22:26
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