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Tevery Best posted:Weren't Lazy Lions a pretty notorious rug pull? A bit of googling says that "Lazy Lions Ape Club" was a rugpull, but Lazy Lions is still plugging away. There's about a billion variations of Lazy/Bored Apes/Lions/Both NFTs so some of them are bound to be rugs.
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Jun 27, 2022 16:47
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Here's an idea: NFTs of little dogs in burritos and we'll call it Pug Roll
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Jun 27, 2022 16:52
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3AC officially in default: https://www.cnbc.com/2022/06/27/three-arrows-capital-crypto-hedge-fund-defaults-on-voyager-loan.html
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Jun 27, 2022 16:54
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Serious_Cyclone posted:Looks like the drop-off in BTC price coincides with Goldman Sachs signaling it is time to sell Coinbase: https://www.coindesk.com/business/2022/06/27/goldman-cuts-coinbase-to-sell-due-to-fall-in-crypto-prices-and-industry-activity-shares-drop/ No, it’s more likely that another few hundred million of customers coins have gone up in smoke vvvv ChronoBasher posted:3AC officially in default:
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Jun 27, 2022 16:57
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"Supercycle price thesis was regrettably wrong"
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Jun 27, 2022 17:00
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Lol I was about to quote the same line
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Jun 27, 2022 17:07
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A lot of these crypto bigwigs seem to be from east Asia. Is it just me or is there a reason for that?
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Jun 27, 2022 17:20
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Scratch Monkey posted:A lot of these crypto bigwigs seem to be from east Asia. Is it just me or is there a reason for that? I'll hazard a guess, that one reason is because a lot of Asians like gambling and are thus susceptible to the appeal of crypto bullshit. (See the giant casino industry in Macau, gambling on mah jong in Hong Kong etc.)
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Jun 27, 2022 17:26
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Zwabu posted:I'll hazard a guess, that one reason is because a lot of Asians like gambling and are thus susceptible to the appeal of crypto bullshit. (See the giant casino industry in Macau, gambling on mah jong in Hong Kong etc.) or it could be a combination of cheap electricity for mining and difficulty accessing western financial markets rather than the degenerate ways of the mysterious Orient
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Jun 27, 2022 17:28
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Living someplace less likely to extradite for financial crimes is probably a big plus too!
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Jun 27, 2022 17:31
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Apes!!!!
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Jun 27, 2022 17:40
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Zwabu posted:I'll hazard a guess, that one reason is because a lot of Asians like gambling and are thus susceptible to the appeal of crypto bullshit. (See the giant casino industry in Macau, gambling on mah jong in Hong Kong etc.) It's probably not that, weird racism guy
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Jun 27, 2022 17:40
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It is probably tax reasons and not Asians are predisposed to gamble
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Jun 27, 2022 17:41
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Zwabu posted:I'll hazard a guess, that one reason is because a lot of Asians like gambling and are thus susceptible to the appeal of crypto bullshit. (See the giant casino industry in Macau, gambling on mah jong in Hong Kong etc.) lol. cool
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Jun 27, 2022 17:50
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Not sure how reliable it is, but alex mashinsky (ceo of celsius) allegedly tried to flee the country and was stopped by the authorities
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Jun 27, 2022 17:51
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Zwabu posted:I'll hazard a guess, that one reason is because a lot of Asians like gambling and are thus susceptible to the appeal of crypto bullshit. (See the giant casino industry in Macau, gambling on mah jong in Hong Kong etc.) Dude, it probably isn't this.
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Jun 27, 2022 17:52
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Scratch Monkey posted:A lot of these crypto bigwigs seem to be from east Asia. Is it just me or is there a reason for that? it's a lot riskier to be from the united states when your business is breaking united states securities and regulatory laws hong kong, singapore, etc are all well enough linked to the global financial network you can do this sort of stuff (compared to, say, mainland china or russia) but also have a lot of friction between a US regulatory agency getting mad at you and something happening to you
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Jun 27, 2022 17:53
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China dows have some weird industries built to avoid formal gambling regulations, like one where you put bids on rough jade boulders with only a tiny piece of the jade exposed, with a setup essentially structured as gambling but with the cover of just being a gemstone auction. I wouldn't be suprised if some habitual gamblers were using shitcoins as a different workaround for antigambling laws, they definitely are in the US states which ban gambling.
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Jun 27, 2022 18:01
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Before China banned cryptocurrencies it was being used to get around currency controls, mainly the $50,000 limit on taking money out of the country I believe. Before that the hot thing was to launder it through casinos in Macau where they were still legal.
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Jun 27, 2022 18:05
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Mercury_Storm posted:Before China banned crypto it was being used to get around currency controls, mainly the $50,000 limit on taking money out of the country I believe. Before the the hot thing was to launder it through casinos where they were still legal. Mexican meth too. I forget the exact details but it basically goes you buy a boat load of chemicals in China, arrange shipment to Mexico, and your agent on the other side takes possession and sells the chemicals to the sort of people who want specific bulk chemicals for reasons we won't ask about. There's a bit more to it but the tl;dr was that a fair number of down payments in Vancouver were coming via a link that involved the cartels.
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Jun 27, 2022 18:07
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Rotten Red Rod posted:Agreed. This is unquestionably its worst episode though, and kind of the death knell. It was a really weird listening experience for me, as I kept expecting a heel turn where they revealed how insidious the whole NFT and crypto scene was, but the host Anna genuinely doesn't understand crypto and seems to actually kind of think it's fun and neat. Is it worse than the episode where they interviewed a guy with a secret hair growth formula, who refused to discuss or describe it in any way and spent the entire episode hemming and hawing? Absolutely infuriating.
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Jun 27, 2022 18:14
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FCKGW posted:No, it’s more likely that another few hundred million of customers coins have gone up in smoke vvvv I hope this signals the next part of the crash
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Jun 27, 2022 18:17
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Cyrano4747 posted:Mexican meth too. Literal hockey bags (lol) full of cash showing up at BC casinos (which are controlled by the provincial government!) and they just said "ok" A big report came out last week on it and the best the previous government officials could say is that they weren't outright corrupt, just incompetent as hell.
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Jun 27, 2022 18:31
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Zwabu posted:I'll hazard a guess, that one reason is because a lot of Asians like gambling and are thus susceptible to the appeal of crypto bullshit. (See the giant casino industry in Macau, gambling on mah jong in Hong Kong etc.) Yeah, we’ve seen that white people definitely HATE gambling on cryptocurrencies.
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Jun 27, 2022 18:34
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Zwabu posted:I'll hazard a guess, that one reason is because a lot of Asians like gambling and are thus susceptible to the appeal of crypto bullshit. (See the giant casino industry in Macau, gambling on mah jong in Hong Kong etc.)
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Jun 27, 2022 18:52
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What gets gambled in Vegas stays in Vegas.
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Jun 27, 2022 18:53
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priznat posted:Literal hockey bags (lol) full of cash showing up at BC casinos (which are controlled by the provincial government!) and they just said "ok" The government issuing a report on something everyone has known about for 15 years and still not doing anything about it is so loving Canadian
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Jun 27, 2022 19:07
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Another Bill posted:The government issuing a report on something everyone has known about for 15 years and still not doing anything about it is so loving Canadian Additional finger pointing between the feds and provinces until it is off the news cycle helps that to happen!
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Jun 27, 2022 19:10
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Cacator posted:Is it worse than the episode where they interviewed a guy with a secret hair growth formula, who refused to discuss or describe it in any way and spent the entire episode hemming and hawing? Absolutely infuriating. Oh god I forgot about that episode. I must have blocked it out, or maybe I usually skipped the listener question episodes. I think that guy had mental issues. At least it was only a 3rd of the episode and not the whole thing, and was just one crank listener calling in rather than the actual show creator being grossly negligent and misinformed for an entire produced show. Rotten Red Rod fucked around with this message at 19:15 on Jun 27, 2022 |
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Jun 27, 2022 19:12
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this is old news but this picture just makes me loving cringe. imagine making this poo poo your brand. 
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Jun 27, 2022 19:13
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LifeSunDeath posted:this is old news but this picture just makes me loving cringe. imagine making this poo poo your brand. Very Nathenesque
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Jun 27, 2022 19:15
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LifeSunDeath posted:this is old news but this picture just makes me loving cringe. imagine making this poo poo your brand. the best part is the "the crypto industry is presently witnessing a slight collapse" right under the pic A "slight" collapse. Just a little one, as a treat. Also lol at this "slight" collapse being one that's wiped out about 2/3rds of the nominal value of this poo poo in the last six months. Oh and let's also just ignore the 95%+ collapse in what NFTs are actually selling for. "Slight" 
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Jun 27, 2022 19:18
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Cyrano4747 posted:the best part is the "the crypto industry is presently witnessing a slight collapse" right under the pic All my rugs got pulled but the real banks keep slurpin'! LOLOL!
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Jun 27, 2022 19:25
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a slight collapse a mild disaster just a tiny smidge of apocalypse, you can hardly even notice
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Jun 27, 2022 19:25
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I'm sure it's been said but the fact that Bored Apes and the vast majority of other NFTs are the ugliest shits anyone has ever seen is a good thing because a lot of otherwise stupid people who might have got involved would have seen, with their eyes, how vile they are and dropped out
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Jun 27, 2022 19:27
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The Wicked ZOGA posted:I'm sure it's been said but the fact that Bored Apes and the vast majority of other NFTs are the ugliest shits anyone has ever seen is a good thing because a lot of otherwise stupid people who might have got involved would have seen, with their eyes, how vile they are and dropped out
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Jun 27, 2022 19:30
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LifeSunDeath posted:this is old news but this picture just makes me loving cringe. imagine making this poo poo your brand. The most hilarious part is that I heard the food is actually pretty good.
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Jun 27, 2022 19:35
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Civilized Fishbot posted:The most hilarious part is that I heard the food is actually pretty good. From who? It was established as Sysco garbage
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Jun 27, 2022 19:36
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Flowers for QAnon posted:From who? It was established as Sysco garbage exactly. 20 dollars for school cafeteria grade burgs, plus GAS fees!
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Jun 27, 2022 19:39
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Flowers for QAnon posted:From who? It was established as Sysco garbage As opposed to Sisko garbage, which consists entirely of bread
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Jun 27, 2022 19:40
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