Toggle sidebar

OT: OT thread number 11 | No More Bad News PLEASE!

Status
Not open for further replies.
I Hart Conor Garland

I Hart Conor Garland

SMD
Sponsor
May 3, 2021
9,002
9,035
Can anyone who went to the Chris Stapleton show let me know what time it was that he actually came out to play? I am attending on Saturday in Vancouver, and I am trying to go without some people I know finding out. And they’ll be there. So I figure they’ll probably go for the opener and I’ll avoid the mishap of us happening to be on the same Skytrain by showing up just for Stapleton. I kinda feel like Larry David. Without all the money.
 
lopper

lopper

Registered User
Oct 22, 2006
1,945
1,799
AB
Walter The Cat said:
Can anyone who went to the Chris Stapleton show let me know what time it was that he actually came out to play? I am attending on Saturday in Vancouver, and I am trying to go without some people I know finding out. And they’ll be there. So I figure they’ll probably go for the opener and I’ll avoid the mishap of us happening to be on the same Skytrain by showing up just for Stapleton. I kinda feel like Larry David. Without all the money.
Click to expand...
Info online from the venue said he would start at 855pm local time, however he came on slightly later at 905pm
 
Drivesaitl

Drivesaitl

Finding Hemingway
Oct 8, 2017
50,654
65,428
Islands in the stream.
bellagiobob said:
Hopefully that’s the end of Algo Stablecoins.
Click to expand...
AS you know I'm not knowledgeable, in the slightest, on Crypto. I'm simply too risk averse to be invested in it. But that said I pay attention enough that a lot of the Crypto writers were touting Luna, Stablecoins etc as recently as months ago. They were being hard sold to people wanting to break into Crypto at lower costs. They were being touted as "stable" lower risk, buy low opportunity etc, and that these are great ground floor opportunities for waves that missed Bitcoin, Ether etc.

Seems to me its a pretty dangerous game and that there could be a lot of fall out now in distrust. Anybody that went hard in lost everything. Thats brutal, and I feel for those people but shame on analysts like this that just toss it as a bad call, not even a sorry. "The system didn't work" hmmm

www.coindesk.com

The Collapse of UST and LUNA Was Devastating, but There Is Still Hope for Crypto

When a prominent stablecoin and the token that backs it failed, the broader ecosystem certainly was dealt a blow, but ultimately it is surviving.
www.coindesk.com www.coindesk.com

While I in no way comprehend what this analyst is talking about I wonder how many buyers do. This guy was advocating people go hard on Crypto currencies just weeks ago that have totally collapsed to nil value. He's explaining away the details in some way. But what credibility is left after that? Is this not a sobering moment?

Was this not a complete hoax to term these "stablecoins". Disgusting really that the author presents these as a wild success when in fact anybody that didn't know the bottom was going to drop is holding onto pennies. While irresponsible advisors like the Author probably got out at a good time.
 
Last edited:
  • Like
Reactions: bellagiobob
bellagiobob

bellagiobob

Registered User
Jul 27, 2006
24,933
61,763
Drivesaitl said:
AS you know I'm not knowledgeable, in the slightest, on Crypto. I'm simply too risk averse to be invested in it. But that said I pay attention enough that a lot of the Crypto writers were touting Luna, Stablecoins etc as recently as months ago. They were being hard sold to people wanting to break into Crypto at lower costs. They were being touted as "stable" lower risk, buy low opportunity etc, and that these are great ground floor opportunities for waves that missed Bitcoin, Ether etc.

Seems to me its a pretty dangerous game and that there could be a lot of fall out now in distrust. Anybody that went hard in lost everything. Thats brutal, and I feel for those people but shame on analysts like this that just toss it as a bad call, not even a sorry. "The system didn't work" hmmm

www.coindesk.com

The Collapse of UST and LUNA Was Devastating, but There Is Still Hope for Crypto

When a prominent stablecoin and the token that backs it failed, the broader ecosystem certainly was dealt a blow, but ultimately it is surviving.
www.coindesk.com www.coindesk.com

While I in no way comprehend what this analyst is talking about I wonder how many buyers do. This guy was advocating people go hard on Crypto currencies just weeks ago that have totally collapsed to nil value. He's explaining away the details in some way. But what credibility is left after that? Is this not a sobering moment?

Was this not a complete hoax to term these "stablecoins". Disgusting really that the author presents these as a wild success when in fact anybody that didn't know the bottom was going to drop is holding onto pennies. While irresponsible advisors like the Author probably got out at a good time.
Click to expand...
There are too many Crypto scams to even count. So many shitcoins that get pushed on Reddit to people looking for a quick buck. I stick to the blue chips (Bitcoin and Ethereum) and then invest in Alts only after reviewing the project. This latest flush in Crypto (don’t think it’s over, expect lower lows over the next few months) is a good thing, as it will get rid of a lot of the garbage that is in the space that is just a gimmick. The good projects will survive and likely flourish. Heavy in cash waiting for the right opportunity. ;)
 
  • Like
Reactions: oilers'72
Status
Not open for further replies.

Ad

Latest posts

Upcoming events

Ad

Ad

Top Bottom
X