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oh check it out. https://www.bbc.com/news/technology-64338010 FTX can come back baby
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Jan 20, 2023 14:29
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Ups_rail posted:oh check it out.
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Jan 20, 2023 14:45
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Haven't heard people talking about paper/diamond hands lately after all the coins/NFT projects crashed. guess it's all just poo poo-hands now.
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Jan 20, 2023 14:56
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LifeSunDeath posted:Haven't heard people talking about paper/diamond hands lately after all the coins/NFT projects crashed. guess it's all just poo poo-hands now. member what matt daemon said?
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Jan 20, 2023 15:03
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RIP Phil Collins, he really did throw it all away.
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Jan 20, 2023 16:57
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LifeSunDeath posted:Haven't heard people talking about paper/diamond hands lately after all the coins/NFT projects crashed. guess it's all just poo poo-hands now. What's this paper/diamond hands thing?
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Jan 21, 2023 01:57
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Lammasu posted:What's this paper/diamond hands thing? oh okay so a sub reddit called wallsreets bets was meme'ing stocks like game stop and amc. IF you remember a hedge fund was shorting them hard. The nerds with their robin hood aps were driving up the price, creating a hell of short squeeze. The "financial media" went full mask off, calling them nerds, billionaires were crying etc. Anyway its a poker term, being your holding your bed, paper hands fold and sell while the diamond hands will never fold. fold meaning to cash out. So the diamond hands are the ones going I ll never sell my cyrpto just because its dipping. Edit: and its going up again! Ups_rail fucked around with this message at 12:28 on Jan 21, 2023 |
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Jan 21, 2023 02:03
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 quote:AITA for screaming at my dad when he lectured my brother about losing lots of money on crypto??  quote:INFO quote:Of course if he knew it would crash he wouldn’t have bought it in the first place but he didn’t know that and couldn’t have known in advance. He bought because he did research into it (like reading books about crypto and how the currency works) and thought it was a good idea. He sold it because he was freaking out about losing so much money and didn’t want to risk losing more.
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Jan 21, 2023 13:28
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loving lol Edit: that has to be fake, it’s perfect
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Jan 21, 2023 14:24
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It's an expensive lesson for him in the art of the hodl. If he'd have done that he'd have been all good as I saw a YouTube with Elon Musk that said Bitcoin is going to the moon.
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Jan 21, 2023 14:32
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Lol. He read books about crypto as research. I'll never read a book about crypto because I assume it's just a few hundred pages of repeating, "you're gonna be rich buy crypto" in different ways and charts they sourced randomly on the internet.
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Jan 21, 2023 14:53
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I wanna think its fake
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Jan 21, 2023 15:02
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Jan 21, 2023 15:03
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At some point a decade or so ago kiyosakis brain stopped functioning properly and never recovered. Coincidentally right when he went to monetize his entire existence.
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Jan 21, 2023 15:15
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notwithoutmyanus posted:At some point a decade or so ago kiyosakis brain stopped functioning properly and never recovered. Coincidentally right when he went to monetize his entire existence. Is he rich dad/poor dad?
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Jan 21, 2023 16:05
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I can never not read those things as "my dad (43 metres)CRUSTY MINGE posted:Lol. He read books about crypto as research. bitcoin super star Andreas Antonpolous released a book to teach you the basics of bitcoin a few years ago. The errata page afterwards was extensive, if you followed its instructions on how to set up a wallet you were almost guarenteed to get your money stolen.
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Jan 21, 2023 17:10
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I honestly don't see how anyone besides crazy ancap people get into crypto. As my dad's perfect understanding of the FTX collapse, "People give real money for fake money?"
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Jan 21, 2023 17:28
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You motherfucker, the minute I don't need you to pay for everything for me I am OUT OF HERE. That's, uh... that's some threat right there cap'n.
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Jan 21, 2023 17:34
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her dad does sound like an rear end in a top hat tbh. your kid hosed up and made an expensive mistake by not following your advice and feels lovely about it, your response should not be to make him feel worse
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Jan 21, 2023 20:22
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more falafel please posted:her dad does sound like an rear end in a top hat tbh. your kid hosed up and made an expensive mistake by not following your advice and feels lovely about it, your response should not be to make him feel worse Counterpoint: the kid is a loving idiot and should be mocked without mercy.
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Jan 21, 2023 20:45
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CRUSTY MINGE posted:Lol. He read books about crypto as research. what about attack of the 50 foot blockchain though
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Jan 21, 2023 20:49
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the whole family seems like assholes. i mean yeah maybe the dad told them not to buy crypto but it was probably yelling poo poo like, "YOU DONT KNOW ANYTHING ABOUT MONEY. DON'T BUY CRYPTOS YOU DUMB SHITS" and then the younger son's all, "I'll show you DAD" and bought a bunch of crypto.
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Jan 21, 2023 20:50
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coolusername posted:Of course if he knew it would crash he wouldn’t have bought it in the first place but he didn’t know that and couldn’t have known in advance. https://twitter.com/TheOnion/status/1512169603539292160
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Jan 21, 2023 20:54
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more falafel please posted:her dad does sound like an rear end in a top hat tbh. your kid hosed up and made an expensive mistake by not following your advice and feels lovely about it, your response should not be to make him feel worse The “kid” is 23 as well.
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Jan 21, 2023 21:05
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So is Attack of the 50ft Blockchain a good read? I just learned about it and it seems like a pretty accurate description of everything.
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Jan 21, 2023 21:11
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The fact that he had to go around hiding the fact he was investing in bitcoin implies that this wasn't the first time he's done something monumentally stupid.
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Jan 21, 2023 21:20
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Lammasu posted:So is Attack of the 50ft Blockchain a good read? I just learned about it and it seems like a pretty accurate description of everything. you should ask divabot
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Jan 21, 2023 21:24
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Lammasu posted:So is Attack of the 50ft Blockchain a good read? I just learned about it and it seems like a pretty accurate description of everything. i actually couldn't get into it, not because it wasn't written well, but because it was all stuff i already knew. so i couldn't tell you if it's good or not, i just automatically started skimming it instead of reading :/ e: give divabot ten bux anyway tho
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Jan 21, 2023 21:32
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more falafel please posted:her dad does sound like an rear end in a top hat tbh. your kid hosed up and made an expensive mistake by not following your advice and feels lovely about it, your response should not be to make him feel worse “Don’t put your dick in the blender, I’m literally a doctor it will hurt you” “Shut the gently caress up dad! Ouch my dick!” “I tried to warn you!” SA Poster: hmm, seems like everyone here is equally bad.
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Jan 21, 2023 21:32
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Fur20 posted:what about attack of the 50 foot blockchain though Don't know, don't care, because I'm not dumb enough to buy crypto anyhow.
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Jan 21, 2023 21:32
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Sophy Wackles posted:Because they were businessmen, running a very legitimate and upstanding business. If I remember right at some point one anti-virus/anti-scam company actually did a review of the various ransom gangs' customer service and found they were usually surprisingly good, which was moderately funny. CRUSTY MINGE posted:Don't know, don't care, because I'm not dumb enough to buy crypto anyhow. You're missing out, it's a genuinely good book, though you've already learned the central lesson it's trying to impart. But it still has value in chronicling some of the absolutely dumbest moments of crypto, for excellent comedy.
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Jan 21, 2023 21:38
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Foo Diddley posted:i actually couldn't get into it, not because it wasn't written well, but because it was all stuff i already knew. so i couldn't tell you if it's good or not, i just automatically started skimming it instead of reading :/ I read the blurb and I'd never heard of the physics student hiring hitmen.
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Jan 21, 2023 21:47
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Lammasu posted:I read the blurb and I'd never heard of the physics student hiring hitmen. well if you never heard of ross ulbricht then you are in for quite a story
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Jan 21, 2023 21:48
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PurpleXVI posted:
I'm just not the target demographic. My father is an MLM junkie and has metal-bug tendencies, so I'm just overall suspicious of anything "new" or trendy in finances. I've dabbled in silver but sold all of it years ago for about what I paid for it. And I'm always tempted to buy an RV and go up to the mountains an hour from here and stake a claim. So the junk finance gene didn't skip me entirely, but focuses on its' own crazy poo poo. Thankfully weed suppresses those dumb thoughts.
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Jan 21, 2023 21:51
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Foo Diddley posted:well if you never heard of ross ulbricht then you are in for quite a story *looks up Ross Ulbricht* Oh the Silk Road guy.
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Jan 21, 2023 21:54
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is this uh is this good for bitcoin https://twitter.com/wallstreetpro/status/1616931880749895680?t=GrONVSlWSUcsurYpQckqZw&s=19
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Jan 22, 2023 00:52
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I predict cryptobros posting memes of doogie howser in starship troopers mindreading fiat banks and proclaiming “they’re afraid!”
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Jan 22, 2023 00:54
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shiksa posted:is this uh is this good for bitcoin Please destroy Binance (and Coinbase, Kraken, Gemini, et al)... 
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Jan 22, 2023 00:57
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How much is this going to affect the exchanges? Will they be completely hamstrung and be dealing with huge bank runs and die, or is this something where it'll be easy to concoct a workaround to keep business as usual? I know Swift is very important for international finance but I don't really know how it functions at the transaction level. The Binance message on Twitter makes me hopeful for the former, but blockchain and crypto refuse to loving die.
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Jan 22, 2023 01:14
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If somebody referred to me as a Binancian, I would assume it was an insult or a slur Like they thought I looked like the Ballchinian from Men in Black II
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Jan 22, 2023 01:32
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