Bitcoin....who's gotten into it?

[byates1]

I'd pay attention to btc, eth, Algo, ada, matic,

Btc- the system. Gold. The land
Eth - project building, 2nd system, the building on the land.

Others- things in the building for sale. Some contain snake oil.

What do you want to own? I'll take land and buildings.

[4matic]

So many built on that same model. Sell a few coins and “value” the rest. Borrow money.

[NakedShorts]

The sophistry masking at sophistication will be the ultimate demise. SBF takes the crown for the winningest looser of them all so far. Crypto ain't replacing shit, keep shilling!

The tech is real, I am not going to argue that, the adoption, implementation, and use will be required by said authorities you fools think you are running from.

That is the way the game is played. Like war #3 many of you haven't figured it out yet

Best of luck!

[stalefish3169]

Will stick with the plan and keep DCAing BTC.

Sent from my Pixel 6 Pro using Tapatalk

[byates1]

Yep

[neckdeep]

Gee, turns out SBF was just another fake it till you make it millenial who saw how it was easy to sucker his generation. Just disguise the con job with a little utopian technobabble, green washing and psuedophilanthropy. This is getting old.

Now he's merely "optimistic" that everyone who believed in his house of cards will get their money back.

A telling thing is six months ago this would have been huge news but it's struggling to make headlines now. More proof that crypto has lost traction in the public sphere.

[hatchgreenchile]

More blood coming...
https://www.coindesk.com/business/20...-books-source/

SBFs email to FTX investors was hysterical. "Sorry I've been busy, no answers for you, will remain busy, call the other guy".
Translation - your money is gone

[4matic]

This particular con is old as time on Wall Street. When we were acquired by FNN the executives printed a bunch of serial number plates (tokens) representing a product and long term subscription in the future. Borrow against that future asset. At the time it was one of the largest frauds ever. That’s why CNBC succeeded. FNN went bankrupt.


Don’t see this as much in regulated markets anymore.

Here’s the story:

“The crisis at Infotech was triggered by a dispute over a charge that outside auditors said FNN should take against its fiscal fourth-quarter earnings for start-up costs of a new professional investors service called FNN:PRO.”

https://www.upi.com/Archives/1990/11...4668657954000/

[skaredshtles]

[dunfree]

Binance pulls the rug on FTX? Never saw that coming. /s

[4matic]

Tom Brady and Michelle wanted their investment back to settle up and cratered the company?

[stalefish3169]

In the long run, this drama will only show the strength of BTC and its POW.

FTX's FTT was similar to USD, printed out of thin air and backed by nothing. Nobody can do that with BTC.

[summit]

BTC under 17K... approaching 2 year low of 15300

[skaredshtles]

In the long run, this drama will only show the strength of BTC and its POW.

FTX's FTT was similar to USD, printed out of thin air and backed by nothing. Nobody can do that with BTC.

[4matic]

superbowl 2022 advertisers:

ftx
meta oculus
coinbase
carvana
draftkings
uber eats
rocket mortgage
vroom

[stalefish3169]

BTC still ~400% higher than when you said it was dead in 2018. Keep laughing.

[byates1]

Buy

[summit]

Binance says "Fuck FTX Deal, They Fucked, We Out!"

[hatchgreenchile]

Cyber hornet Saylor is down $1.8 Billion and counting. Can we get $2B? Whooohooooo....

[skaredshtles]

BTC still ~400% higher than when you said it was dead in 2018. Keep buying.

Fixed that for you.



FTR - pretty sure it wasn't me that said anything about the death of Bitcoin. I just find the religious fervor to be hilarious.

[dunfree]

With SBF fucked and his money gone, regulatory picture starting to look different

[4matic]

With SBF fucked and his money gone, regulatory picture starting to look different

Better to wait. Let the flesh eating bacteria kill it all. No need to regulate…yet. Wait till it’s good as dead and then step on it.

[byates1]

^ well that's certainly one position to take.

Good luck shutting off every electronic personal device and every computer forever.

[byates1]

Been rummaging around stumbled across 5 grand. Will start to deploy fresh ammo at the target, fire sale BTC.

[4matic]

^ well that's certainly one position to take.

Good luck shutting off every electronic personal device and every computer forever.

It will be there but so irrelevant regulation not needed. It will be like eBay buyer protection. Not regulated.

What do we think is the real market cap right now of all crypto? Certainly not the current $800b. At least half of that is in realized like FTT. Probably more.