Bitcoin sinks to new 13-month low - NO Politics!

[The Crypto Guy]

Good. He’s a POS. Guy just donated 40 million or so toward the midterms a week prior to help get the left on his side. Money that wasnt his but investments. Hope he ends up behind bars for a very very long time.

 

[Fixed to Ruin]

Funny to see that all of the people around here that were pounding their chests about crypto have all of the sudden disappeared.

Shit is all a ponsi scheme.

 

[2 others]

This is good for Bitcoin

 

[Jumptheshark]

Funny to see that all of the people around here that were pounding their chests about crypto have all of the sudden disappeared.

Shit is all a ponsi scheme.

it was always set up that way--you just need to look at the pump and dumps that Celebs have done over the past few years

 

[Fixed to Ruin]

The FTX story is wild

 

[2 others]

 

[spintheblackcircle]

Sam Bankman-Fried tries to explain himself

In Twitter DMs, Bankman-Fried told Vox what went wrong, why he did what he did, and what lies he told along the way.

www.vox.com

This guy is such a piece of shit, and he’s very representative of every person that I’ve met who’s deep into crypto. Absolutely no morals at all

“Over the summer, Bankman-Freid opened up to Piper about unethical moves within the crypto world and how 'unethical' decisions cause 'massively more damage than good.'

Bankman-Freid is now backtracking on his statement about unethical moves and calling it a 'front.' “

 

[Fixed to Ruin]

Sam Bankman-Fried tries to explain himself

In Twitter DMs, Bankman-Fried told Vox what went wrong, why he did what he did, and what lies he told along the way.

www.vox.com

This guy is such a piece of shit, and he’s very representative of every person that I’ve met who’s deep into crypto. Absolutely no morals at all

“Over the summer, Bankman-Freid opened up to Piper about unethical moves within the crypto world and how 'unethical' decisions cause 'massively more damage than good.'

Bankman-Freid is now backtracking on his statement about unethical moves and calling it a 'front.' “

The puff pieces being written about him by certain media outlets is very disappointing. He should be in handcuffs as it appears that FTX is trending to be worse than Enron.

He probably won't even go to jail.

 

[DuklaNation]

Observe FTX closely, this is why opinions should be allowed. Would criticizing FTX months ago for their suspect operations be considered "trolling". What about crypto as a whole? Mature people would entertain honest questions here. This is hard lesson especially for younger investors. Look to historical bankruptcies for clarity. Helps to have offshore experience. What you see in the media at large is tip of the iceberg on the fraud side. They focus on absolute values but gloss over the transactions during the interim period. Which may be far greater.

 

[The Crypto Guy]

Observe FTX closely, this is why opinions should be allowed. Would criticizing FTX months ago for their suspect operations be considered "trolling". What about crypto as a whole? Mature people would entertain honest questions here. This is hard lesson especially for younger investors. Look to historical bankruptcies for clarity. Helps to have offshore experience. What you see in the media at large is tip of the iceberg on the fraud side. They focus on absolute values but gloss over the transactions during the interim period. Which may be far greater.

Opinions arent allowed?

 

[DuklaNation]

Opinions arent allowed?

Egalitarianism isn't a doctrine followed by all.

 

[Fixed to Ruin]

More FUD for the HODL'ers

 

[spintheblackcircle]

Third crypto boss dies after Russian billionaire's helicopter crashes

He is the third cryptocurrency trader to have unexpectedly died in only weeks.

metro.co.uk

 

[crosby87]

The people at the start of this thread look absolutely pathetic lol

 

[The Crypto Guy]

The people at the start of this thread look absolutely pathetic lol

Haha I know, when the thread was made Bitcoin was at 4K and Ether was $120. Now Bitcoin is 17K and Ether is $1300. And this is during a bear market

Silly silly fools.

 

[Hansen]

The people at the start of this thread look absolutely pathetic lol

Its hard for Mike to not look like a fool

 

[Maple Leaf]

C'mon man

 

[spintheblackcircle]

Nah, not a scam at ALL

https://www.washingtonpost.com/technology/2023/01/05/celsius-crypto-bankruptcy-ruling/

More than half a million people who deposited money with collapsed crypto lender Celsius Network have been dealt a major blow to their hopes of recovering their funds, with the judge in the company’s bankruptcy case ruling that the money belongs to Celsius and not to the depositors.

The judge, Martin Glenn, found that Celsius’s terms of use — the lengthy contracts that many websites publish but few consumers read — meant “the cryptocurrency assets became Celsius’s property.”

 

[Maple Leaf]

I heard crypto is a scam

 

[Mantis]

I heard crypto is a scam

Wana buy my NFT’s?

 

[The Crypto Guy]

Ethereum going up up up . Hope you guys bought at the bottom, up 40% from the summer

 

[McGarnagle]

Ethereum going up up up . Hope you guys bought at the bottom, up 40% from the summer

What are your thoughts on ETH vs. BTC in the short/medium/long term? I have exposure in both, though more BTC at the moment.

 

[McGarnagle]

BTC popping off today, highest it's been since the November crash. Bullish for a recovery?

 

[The Crypto Guy]

Crypto going up up up!!!! Where DA haters?

What are your thoughts on ETH vs. BTC in the short/medium/long term? I have exposure in both, though more BTC at the moment.

i definitely replied to this yesterday, where the hell is it i’ll reply again tomorrow at work.

 

[The Crypto Guy]

What are your thoughts on ETH vs. BTC in the short/medium/long term? I have exposure in both, though more BTC at the moment.

There is no "vs" IMO between ETH and BTC anymore. Those are the only 2 I would invest in, period. Both will flourish long term while anything else is a major risk.

Short term is obviously looking good, medium term i still feel will come down again significantly when the US "finally" decides to admit we are in a recession in a few months-half year. Long term, like I said i'm extremely bullish on these two, especially once the next bull run starts in a year or two.