Cryptocurrency
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- ********0
I forgot how intense it is to trade crypto. Always on, massive price swings.
Want to sleep? Crypto market doesnt. Wake up at 3:30am? Better check crypto price, see if you’re buying a lambo tomorrow or maybe you’re broke. Back to bed or execute a trade? Insanity.
I’m not even actively trading it. I’m just holding it because I think the price will rise significantly in the coming weeks. When the price was low I didn’t even look at it and now I can’t stop!
- Gambling at its finest.formed
- Most investing is gambling.********
- Or, I should say that most trading of company stocks is closer to gambling than it is to investing********
- neverscared4
Crypto Magnate Do Kwon Found Liable for Multibillion-Dollar Fraud
When Do Kwon’s crypto empire fell to pieces, tens of billions of dollars were wiped out. A civil jury in the US has found he lied to investors.Filed in February 2023 by the Securities and Exchange Commission, a regulatory body responsible for protecting US investors, the civil complaint alleged that Kwon and Terraform had “perpetrated a fraudulent scheme that led to the loss of $40 billion of market value,” whereby they lied to investors about the prospects and stability of the cryptotokens they issued.
Kwon, who went into hiding after the tokens crashed in 2022, is facing criminal charges in the United States and South Korea. He was recently released on bail from a prison in Montenegro, where he was arrested last year and awaits extradition.
- neverscared1
Binance and CZ’s Fortunes Are Set to Grow, Jail or no Jail
The ex-CEO is about to learn if he’ll be the richest US inmate ever.- He's gonna be popular in there!formed
- Don't forget to "PAY BY THE RULES"AQUTE
- 4months only... seems a bit low for the massive amount of fraud...neverscared
- obviously he paidAQUTE
- neverscared2
‘Huge Disaster’—Congress Just Introduced A Game-Changing Bill That Could Blow Up The Bitcoin Price And Crypto Market
"It protects consumers by mandating one-to-one reserves, prohibiting algorithmic stablecoins, and requiring stablecoin issuers to comply with U.S. anti-money laundering and sanctions rules," Gillibrand added.
However, some from both the traditional world of finance and the crypto space have criticized the bill.
"It will be a huge disaster when any of them are passed," Hilary Allen, an associate professor at American University’s Washington College of Law, told Bloomberg, arguing stablecoins aren’t robust enough to be a viable form of payment.
- grafician-3
"More than 90% of stablecoin transaction volumes aren’t coming from genuine users, analysis co-developed by Visa finds, according to a Bloomberg report."
- neverscared4
Donald Trump’s campaign says it will begin accepting contributions through cryptocurrency
- neverscared2
He Trained Cops to Fight Crypto Crime—and Allegedly Ran a $100M Dark-Web Drug Market
The strange journey of Lin Rui-siang, the 23-year-old accused of running the Incognito black market, extorting his own site’s users—and then refashioning himself as a legit crypto crime expert
- NBQ00-3
- neverscared2
Airbnb host adds ‘no crypto mining’ rule after tenant installs 10 rigs
- L O LPhanLo
- fucking lolutopian
- This is better than using it for a porn set.monospaced
- neverscared2
Trump reveals he made $300,000 selling Bibles and has big cryptocurrency stash
Financial disclosure shows presidential nominee owes $500m in civil penalties but sheds little light on solvency- probably had the white house all rigged up..neverscared
- just like the elecitons.... heheh just kidding ..neverscared
- I had a client, a christian bookstore that his 100k annual sales was 90% bible sales... crazy.Salarrue
- imbecile-1
https://www.cointelegraph.blog/
XAI770K XAI900T: Twitter (X) starts their own crypto currency to become the leading digital online marketplace featuring crypto currencies
- Scamcolab
- (pssst... they're all scams)imbecile
- It’s not a scam for the people who made some profits.monospaced
- Profits in a scam = stolen moneygrafician
- no it isn’t. If you bought some and then sold it for profit you’re not stealing.monospaced
- if the value of something worthless goes up, it's a fucking scam dipshit. if you're cool with ill gotten gains, then sure. but it's a scamimbecile
- value is subjective dipshit********
- okay, you do know you're wrong though right? the value of a dollar is um, one dollar.imbecile
- "but i think it's worth $10" won't make it any more valuableimbecile
- so... if you've been convinced a jpg is worth actual money, you've been scammedimbecile
- there isn't a definitive "right" or "wrong" in this conversation; it depends on perspectives on value, market behavior, and ethics in investing dipshit********
- just because i personally don't think it's worth $.01 is null if its selling for thousands of $. stop being a dipshit you dipshit********
- if an asset’s value is driven by hype rather than intrinsic worth its still not a scam dipshit********
- if the creators of an asset intentionally mislead investors about its value or potential, it could be classified as a scam********
- perhaps you should reconsider your approach and stop calling dipshit when you're mistaken. go back to school and take courses in microeconomics/macro...********
- microeconomics and macroeconomics*********
- Stop being an imbecile, Imbecile!********
- imbecile-3
- grafician-3
"analysts at two crypto research firms have found evidence of rampant wash trading on Polymarket, even as its odds have been shared widely across social media and mainstream media outlets. Donald Trump currently has a 67% chance of winning, according to the platform.
In separate investigations completed by the blockchain firms Chaos Labs and Inca Digital and shared exclusively with Fortune, analysts found that Polymarket activity exhibited signs of wash trading, a form of market manipulation where shares are bought and sold, often simultaneously and repeatedly, to create a false impression of volume and activity. Chaos Labs found that wash trading constituted around one-third of trading volume on Polymarket’s presidential market, while Inca Digital found that a “significant portion of the volume” on the market could be attributed to potential wash trading, according to its report."
- grafician-5
- ends up in jail like most of them sooner or later...neverscared
- YakuZoku-2
According to forbes
Bitcoin can rise to $80,000 to $90,000 over the next two months if the “pro-crypto candidate” Trump wins the election, Chhugani predicted, shattering the prior all-time high of nearly $73,800 set in March.
And if Vice President Kamala Harris prevails, Chhugani cautioned bitcoin “could test” a floor of $50,000, a level not seen since February, representing a more than 25% decline from Monday’s prices.
- bainbridge-3
Pepe coin is the new Doge
- grafician-2
"Chinese entrepreneur Justin Sun -- founder of the cryptocurrency platform Tron -- bought a banana for $6.24 million worth of crypto at a Sotheby's auction Wednesday evening in New York."
- We've come full circle.palimpsest
- Maurizio must have been very amused.grafician
