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Thread: Bitcoin....who's gotten into it?
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06-30-2022, 10:03 AM #10151
More rumors and hearsay, nice catch.
Live each season as it passes; breathe the air, drink the drink, taste the fruit, and resign yourself to the influences of each.
Henry David Thoreau
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06-30-2022, 10:11 AM #10152
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06-30-2022, 10:11 AM #10153
That just sounds horrible for all the folks who have their $ held hostage hope they get it back or that there is at least justice meted out
Originally Posted by blurred
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06-30-2022, 11:14 AM #10154
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06-30-2022, 11:46 AM #10155
CEL token is still up 300% from 2019 so there’s hope I suppose. Still way outperformed stonks. Right?
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06-30-2022, 11:48 AM #10156
The blockfi acquisition looks like a foreclosure.
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06-30-2022, 11:58 AM #10157
Bankman-Fried is like the old Warren Buffett. He can buy these failing companies and squeeze enough cash flow out of them while strengthening his other businesses.
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06-30-2022, 12:39 PM #10158
A blog post/update from Celsius
Across Celsius today, we are focused and working as quickly as we can to stabilize liquidity and operations, in order to be positioned to share more information with the community. We are operating with the entire community and all clients in mind as we work through these challenging times.
We continue to take important steps to preserve and protect assets and explore options available to us. These options include pursuing strategic transactions as well as a restructuring of our liabilities, among other avenues. These exhaustive explorations are complex and take time, but we want the community to know that our teams are working with experts from many different disciplines.
Our relationship with the community and our clients has been a source of pride for all team members at Celsius, and we will continue to share information with our customers as and when it becomes appropriate.
https://blog.celsius.network/across-...y-c71b29513a9b
https://twitter.com/CelsiusNetwork/s...50066019282944Live each season as it passes; breathe the air, drink the drink, taste the fruit, and resign yourself to the influences of each.
Henry David Thoreau
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06-30-2022, 12:45 PM #10159
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06-30-2022, 01:11 PM #10160
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06-30-2022, 01:19 PM #10161
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06-30-2022, 01:28 PM #10162Registered User
- Join Date
- Nov 2011
- Location
- Missoula
- Posts
- 412
How is what's happening in crypto right now any different than the bank runs of the late 1800s? They even had their own tokens back then called bank notes.
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06-30-2022, 01:36 PM #10163
like the 1907 Bankers Panic that lead to the creation of the Federal Reserve, and SBF is cosplaying JPMs role? Major difference so far seems to be not much actual interplay between crypto and other things; those panics had speculative instruments that were also large corps - like Tennessee Iron that got merged into US steel
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07-01-2022, 05:05 AM #10164
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07-01-2022, 06:43 AM #10165
The new issue of Bloomberg Business Week.. " the heist issue ". Its mostly articles about large scams/ fraud/ thefts.. The entire issue is well worth reading, especially the article about crypto theft.
what's so funny about peace, love, and understanding?
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07-01-2022, 01:00 PM #10166
Well I bought bitcoin today, under $20k. Not sure if the low is in, but stay the course.
Also bought chainlink. I've reached my goal and brought my cost basis way down from $10. Haven't decided what to do next, part of me wants to keep buying as long as it's down.Live each season as it passes; breathe the air, drink the drink, taste the fruit, and resign yourself to the influences of each.
Henry David Thoreau
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07-01-2022, 01:28 PM #10167
Don’t worry Community, we’re going to be stable and liquid any day now!!!!
https://blog.celsius.network/across-...y-c71b29513a9b
(FYI, they’re going to stabilize by taking your money, they just can’t say that yet.)
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07-01-2022, 01:31 PM #10168
Just got this email from Voyager (I don't have any funds there)
Today we made the difficult decision to temporarily suspend trading, deposits, withdrawals, and loyalty rewards. The app will be down for a short transition period. After that, you will still be able to view market data and track your portfolio, and you will receive rewards payments for the month of June.
Live each season as it passes; breathe the air, drink the drink, taste the fruit, and resign yourself to the influences of each.
Henry David Thoreau
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07-01-2022, 01:58 PM #10169
“Track your portfolio”.
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07-01-2022, 02:06 PM #10170
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07-01-2022, 02:48 PM #10171
Bitcoin....who's gotten into it?
Considering the news BTC is holding up pretty well. Maybe the liquidation sales have mostly been made.
I’m hearing more about unmet margin calls. I can’t see any path for these unregulated exchanges to collect. That’s why regulated exchanges have clearing and a broker in the accountability chain.
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07-01-2022, 03:05 PM #10172
How the fuck is this crap not regulated.
This last yr. Or two, these firms have been trading against customer collateral.
Sent from my iPhone using TGR Forums
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07-01-2022, 03:45 PM #10173
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07-01-2022, 04:13 PM #10174
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07-01-2022, 04:20 PM #10175
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