Cryptocurrency
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- neverscared1
Michael Saylor Steps Down as MicroStrategy's CEO
Michael Saylor, who turned business-software company
MicroStrategy Inc. into a vehicle for bitcoin purchases, is stepping down as chief executive. The company reported that it lost almost $918 million on bitcoin holdings in the second quarter.- must have lost all trust after talking that much crap for years....neverscared
- before the next enormous nosedive ... he fucks offneverscared
- HAHAHAHAHAHNBQ00
- He's becoming executive chairman - to focus on bitcoin strategies... so expect more boring talks from him.shapesalad
- NBQ000
Spoke to some dude at a party who works in tech and start ups. He said he has pretty much all his life savings in crypto except "some family funds for rainy days".
He's married and has 2 kids.
- "They" always say invest diversely. No one listens any more, and knows everything. It's a beautiful world.dibec
- There is a subset of people in any industry that luck into easy money whether it be dumb salary or cake jobs. These people may have actually worked hard orjonny_quest_lives
- actually very smart.... bu stupid money/wealth is a lot like celebrity. It distorts your perspective. These peeps eventually realize the gift is FAR easierjonny_quest_lives
- than the grind. Look at the current dumpster fire that is Michael Saylor... dude might have what legitimately worked hard to get thru school build a companyjonny_quest_lives
- then the dot com craze gave that guy access to insane capital. Musk is probably cut from the same clothjonny_quest_lives
- So it's not surprising that people who fall into money start to believe it's through some innate skill or gift and disregard common sense.jonny_quest_lives
- I know someone with a kid who's in the hole on crypto for what I can work out is at least £100k. They'll be fine otherwise, but christ what a greedy waste.Nairn
- The greed is crazy. If I invest in anything that more than doubles my money I’d cash out at least my initial investment. HODL mentality is a bit nonsense for bcmonospaced
- neverscared3
QAnon influencers are now reportedly defrauding their followers via cryptocurrency scams
Weaponizing conspiracy theories for cold, hard cash.You may not have heard very much about QAnon in recent months, but believers in the right-wing conspiracy theory are very much still around.
And those believers are proving to be easy-to-dupe marks for influential QAnon promoters looking to make money.
Two QAnon influencers are using their cachet within their conspiratorial communities to prey on their followers and bilk them out of millions of dollars via cryptocurrency scams, according to a new report by the tech-based fact-checking firm Logically.
Using their large followings on Telegram, QAnon influencers Whiplash347 and PatriotQakes have promoted numerous fraudulent tokens to their followers on the messaging platform. The two, along with other leaders in the chats, frequently weaponize QAnon conspiracy theories in order to sucker their fans into investing in their various cryptocurrency schemes.
- good. no different than religious conmen like televangelists. they prey on the same people. poor (mostly white) republican_niko
- grafician1
"BINANCE CEO SAYS TEMPORARY PAUSE OF BITCOIN WITHDRAWALS ON BINANCE DUE TO A STUCK TRANSACTION CAUSING A BACKLOG - TWEET"
Here we go
- error 404 ur moneyz goneNBQ00
- thats how replacing FIAT looks like ... a complete fuck up going southneverscared
- *POOF!!*formed
- NBQ003
Remember that Dogecoin "Millionaire"?
"In April of 2021, when the value of dogecoin reached an all-time high of $0.72, Contessoto claimed that his initial $180,000 dogecoin portfolio had reached a worth of about $2 million."
It's 0.09 now and he's underwater. And he was buying dips along the way as well.
Greedy pigs get slaughtered.
- sted0
- why the F would it go to $1? it only reached like $.70 during the Musk SNL hype, do you know something everyone else doesn't? seems like it's dead in the water_niko
- it's currently like $.15_niko
- because one day Doge will be 1, that's why.sted
- maybe you don't get it but look how it went from 0.0001 to 0.001, then 0.01... :)sted
- Haha ok, ill ride it out and be a thousandair one day!_niko
- I bought $50 worth many years ago. It'd be a few million or some shit now... but the exchange rugged. crypto is fun.inteliboy
- For comparison, Tesla's stock has done a hell of a lot more than that and is actually "real".formed
- neverscared0
- I wonder if they'll ever find himneverscared
- Wasa wassa wassupdrgs
- Bitcon-eeeeeeect!GuyFawkes
- vi konnnneeekt pippol!sted
- neverscared1
North Korean cyber-attacks have stolen millions of dollars worth of cryptocurrency to fund the country's missile programmes, a UN report briefed to media says.
Between 2020 and mid-2021 cyber-attackers stole more than $50m (£37m) of digital assets, investigators found.
Such attacks are an "important revenue source" for Pyongyang's nuclear and ballistic missile programme, they said.
The findings were reportedly handed to the UN's sanctions committee on Friday.
- Average Joe wanting to get some crypto to buy a jpeg, getting hacked and accidentally financing underground ballistic missile programs...grafician
- Small price to pay for supporting pioneering artists to forge a new frontier in creativityGnash
- nuked apesneverscared
- palimpsest2
- Feels like a desperate scam at this point, not a thriving new business.formed
- FTX website is so bad though, the trading etc. just ugly.shapesalad
- Thing is... I want to be like Larry, getting paid a shit tonne to appear in a crypto commercial.shapesalad
- neverscared-3
- Fuck me, every hour has to be filled with stuff. Got to do more. Got to learn how to make more money. Got to make sense of the world. Slow the fuck down HeatherIanbolton
- Lol. Her bio includes, rapping and designing street-wearGnash
- what's it got to do with crypto?shapesalad
- She and her husband were caught with the stolen Bitfinex BTC on a hard drive. The US government is alleging the planned to launder it.jonny_quest_lives
- And that's what it had to do with crypto. ~~~The More You Know ☆jonny_quest_lives
- https://twitter.com/…neverscared
- makeup artists hate herkingsteven
- rappers hate hergrafician
- AQUTE3
This is the best Christmas ever ... you get to buy all the coins at a discount. I am seriously excited for this wonky winter.
- drgs0
- god only knowsneverscared
- up then down, then up, then down, then ...monospaced
- It's my chess ratingdrgs
- you started 2020 on cocaine and 2021 on booze?uan
- Rise and fall of grandmaster drgsdrgs
- nb2
After surging nearly 12,000% in the past year, Solana and Polygon – dubbed ‘Ethereum killers’ as they are faster and cheaper than the world’s second-largest cryptocurrency – have stolen headlines this year.
And the party is just getting started with the fast-growing networks and a slew of rivals poised to see even bigger gains as they innovate to draw a growing base of investors enamored with digital currencies.
“Ethereum needs to do something quickly as others with faster and more novel consensus [transaction confirmation] mechanisms are gathering lots of funding from VCs,” says Rosh Singh, founder of crypto trading start-up Quadency. He notes, however, that Ethereum’s 2.0. upgrade, if executed on time by early 2022, should boost its competitiveness.
- PhanLo0
- I guess it's Cocain-coin(SNIF) to the moon?Wolfboy
- https://www.youtube.…neverscared
- like a supercluster of douchery
https://www.rollings…neverscared - Everything these days has the feel of a fringe religious event everyone’s a delusional messiah or worse delusional follower. We’re fucked_niko
- @_niko: You know this video is edited, right? they only keep the weirdosnb
- yeah I was speaking in general terms about al kinds of "movements" but yeah your point applies to all._niko
- monNom0
China controls something like 65-70% of the crypto infrastructure.
China also has a really big construction company that just defaulted on its $300B debt (about the market cap of Disney or Bank of America), causing the global financial industry to puke in its mouth a bit. They've also been selling 'wealth management products' that it's not really clear if they are included in that $300B.
I imagine the two are connected somehow. Lots of people borrow to invest, and when one of your investments goes to zero, the others get sold to cover.
- That’s how large market trends work in general. A huge industry impact causes other selloffs to cover, etc. Even economy and jobs reports do this.monospaced
- Last year global pandemic, this year financial meltdown - China is really wildin heregrafician
- "China controls something like 65-70% of the crypto"
source?Krassy - ^Here you go Krassy
https://www.afr.com/…grafician - That's a Murdoch rag, and his current MO is ramping up all negative China rhetoric. Not saying it's not true though...MrT
- Krassy2
COINBASE slammed after hackers drain accounts
"The Vidovics’ account had risen to $168,596 on April 28 when the hacking occurred, according to account statements the Vidovics shared with CNBC. That amount was essentially wiped out, with only a $587.15 balance shown the next day."
- Gov usually insures bank accounts for like 30K/100K/250K.
Oh wait, this was cryptografician - This was probably related to the hacks of ATT and T-Mobile with 2FA hacks then emptying the banks accounts and cryptografician
- talking to yourself again matemonospaced
- Gov usually insures bank accounts for like 30K/100K/250K.