Cryptocurrency
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- drgs1
There is a genuine chance that all of crypto will die
- i'm naive to anything about crypto, but where is the money ending up is this instance?Ianbolton
- i doubt it .. now that banks are very happey have it in their portfolio to sell another crap to their clients... they sure wanna make a buck...neverscared
- to haveneverscared
- It'll be like any other "asset". Investment banks will package them up and sell them. Nowhere has crypto done anything it promised, just more gambling.formed
- But it’s so unlikely it’s not worth saying.monospaced
- bainbridge1
Not proud to admit, but I put $1,000 into crypto, spread among Doge, Shib, and otherr smaller ones, just to see what would happen.
It's now worth $250.
Should I sell or hold?
- Invested at the peak, last fall.bainbridge
- Sell to BTC. Hold.shapesalad
- Hodl that shib!YakuZoku
- why u no buy ethereum hrmm?cherub
- shib=shitcoincherub
- buy moreGabriel
- It's only 1k. Some invested their life savings and took loans to buy at the top.NBQ00
- i only started looking into it in the last year and bought about £200 total worth of ETC, BTC and a couple of other small ones. lesson learned i guess.scruffics
- unless you're broke, if its now only worth $250 might as well just hold itYakuZoku
- weill never go up above 20k ever...neverscared
- You should slap yourself in the face, you daft bugger.Nairn
- +1 Gabrieloey_oey
- buy more lose more....this goes only one way... downneverscared
- https://img-9gag-fun…pango
- see you at the topbabydick_
- https://i.imgur.com/…pango
- see u at the top of losing... buy some more...neverscared
- Lulz, well I currently have an unrealized loss of around $55k so let's meet up when the shit hits the fan and top ourselves together *smooch*5timuli
- 5timuli, life savings?NBQ00
- No, but I did invest aggressively between Feb and Nov last year, and in hindsight I should’ve taken it much slower.5timuli
- At the peak in Nov I was about $40k up, but I didn’t sell. It’s been a great learning experience.5timuli
- grafician-5
Aaaand another one...
"The Vauld management wishes to inform that we are facing financial challenges despite our best efforts. This is due to a combination of circumstances such as the volatile market conditions, the financial difficulties of our key business partners inevitably affecting us, and the current market climate which has led to a significant amount of customer withdrawals in excess of a $197.7 m since 12 June 2022 when the decline of the cryptocurrency market was triggered by the collapse of Terraform Lab’s UST stablecoin, Celsius network pausing withdrawals, and Three Arrows Capital defaulting on their loans."
- Nothing like bear market to clear out the trash.shapesalad
- You can't say it's much better in the S&P500 - many zombie companies there, all part of that vanguard INDEX fund you all think is 'safe'.shapesalad
- @shape crypto is a house of cards, while the S&P is not ;)grafician
- and S&P index has decades and decades of real performance, real companies. Crypto is a ponzi scheme with nothing behind it.formed
- how many bailouts in those decades and decades of real performance?uan
- What does that have to do w performance of stocks? How many companies in that were bailed out?formed
- if they needed bailouts, specially the ones that drive the market, they didn't perform always well. their performance wasn't 'real'uan
- S&P is up 3000%+ over the last 30 years. That is 'real', like it or not.formed
- my point is, it's the same 'real' as crypto is. just has got more history.uan
- lol @bailouts :))))
lol @same real as crypto :))))grafician - the putin lover cant relate proper...neverscared
- It’s not the same.monospaced
- neverscared0
‘Go home’: Honduran community fights against crypto colonialistsThe battle over land rights and sovereignty on the island of Roatán has galvanized the whole country
Jeff Ernst in Crawfish Rock
Tue 5 Jul 2022 10.00 BST
Straight ahead of Wilford Webster’s hilltop home, waves break over the turquoise waters that surround the reefs
offshore
https://www.theguardian.com/worl…
- grafician-4
"Crypto’s last man standing
Is Sam Bankman-Fried the John Pierpont Morgan of crypto?"
- Like I said, going down last...grafician
- literally talking to no-one but yourself._me_
- lol and yet you comment and downvotegrafician
- I have an FTX account, I don't get how it and Sam are so talked up, it's a shit UI/UX, ig.com is still the best platform from a UI/UX stance, but no crypto.shapesalad
- If he'd built the ig.com of crypto, I could understand the hype. all these crypto trading platforms are shit for ui/uxshapesalad
- grafician-5
"Cryptocurrency exchange Blockchain.com stands to lose $270 million from lending to Three Arrows Capital, the over-leveraged hedge fund now the subject to a liquidation order in the British Virgin Islands.
“Three Arrows is rapidly becoming insolvent and the default impact is approximately $270 million worth of cryptocurrency and U.S. dollar loans from Blockchain.com,” Peter Smith, Blockchain.com’s CEO, wrote in a letter to shareholders, reviewed by CoinDesk."
https://www.coindesk.com/busines…
- bainbridge3
Prob Bitcoin will go up again
- Oh definitely. I personally will buy some when I feel it’s at rock bottom. Haha.monospaced
- Buy tech now.grafician
- Not yet (imho). Things are still overpriced and the slow down hasn't shown up in earnings yet.formed
- tech isn't a bad buy, people still buying phones, watching Netflix, and ordering shit on amazon ffsmonospaced
- yea I wonder if Netflix stock would be a good buy now that it's tanked so hard. in a few years hindsight will be a bitchinteliboy
- @mono of course they are, but that doesn't mean the stocks won't go down more. We've got a long road ahead before things have fully bottomed.formed
- You’re arguing with yourself. I never said that.monospaced
- NBQ002
‘They couldn’t even scream any more. They were just sobbing’: the amateur investors ruined by the crypto crash
https://www.theguardian.com/tech…
“I couldn’t eat or sleep for two nights,” says Alla Driksne, a 34-year-old chef from London. “I got sick from the stress.” She has lost her life savings – a six-figure sum – in the Celsius freeze.
- https://www.youtube.…NBQ00
- gambling is one helluva drugKrassy
- just two nights? rookie.sted
- "using his credit card to make an initial investment of €2,500 ".... so what's the story? It's not crypto, it's about an idiot using money he doesn't have.shapesalad
- Crypto isn't at 0 so they just lost a little more than half their life savings.BabySnakes
- Definition of a loserinteliboy
- Rule No1 for investing in ANYTHING: Never invest more than you can afford to lose.microkorg
- babydick_2
Vladimir Putin Bans Digital Payments in Russia.
So sad.
- doggydoggdog-3
Coinbase lists "top movers"
Anyone had success following them?
I bought $10 worth of a couple that had good charts in their "last hour" then they haven't gone up in value.
Scam?
- debugcode:
1) buy before they list them.
2) get out of coinbase.uan - 3) don‘t believe stuff you read on the internet, it‘s not real.uan
- 4) stop putting substances in your body that fuck up your brain.uan
- it´s all downwards from here...neverscared
- *POOF*! God I love saying that!formed
- debugcode:
- neverscared-2
- tether is going wonky donkey pretty soon too ....neverscared
- there will be so much drama around then they will close all opera houses....neverscared
- Will be good for crypto in the long run if they all fail. It'll give regulation time to get in place, then there can be actual stability.formed
- People are going to continue to get crushed, tho.formed
- They changed pro to advance, as it’s a more unified uxshapesalad
- bitboy? lol okinteliboy
- cherub1
situation: I wanted to buy some ETH but it's going UP UP UP the past week or so... FUCK!
https://etherscan.io/gastracker
Can alwaysscared or grafician whip up some of their famous homestyle crypto smears and share them with the mass media to get the prices back down? Maybe do an interview with sky news where you're in tears and you blew your life savings and it's ETH's fault.
I want to go all in but I can't now. ETH was down to $899 last month. Get ETH down into the gutter again please, stat.
Tell everybody ETH is worthless and they should SELL SELL SELL
- look at - cheerdumb - he is excited ...the crypto winter is over he thinks..neverscared
- kinda hillarious and desperate how cherdumb get fired up... although it dropped from 4k to 1.5 ksince november... well if it makes him happy..run cherdumb runneverscared
- or u have to go back to mcdonals...neverscared
- No one needs to post anything to know it's worthless.formed