Cryptocurrency
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- shapesalad-1
- $250m on a ledger... some customers money, no biggy, it's crypto bro, just 0's and 1's.shapesalad
- posting $250B bail deserves another case entirely
but probably posted just 5-10% of that as a bond?grafician - "His parents co-signed the bail and collateralized it with their own real estate."grafician
- the judicial system is brokenKrassy
- @Krassy how so? Not saying you’re wrong but this guy is busted and will be judged.monospaced
- @Mono he's being judged in a privileged manner; posts 1/4 billion bail to live comfortably at home with mommy lawyer and daddy lawyer.Krassy
- But yeah - it's yet to be seen how harsh (or not) of a sentence he gets. Hoping justice is served..Krassy
- grafician-3
- Binance is basically FTX 2.0grafician
- a nice analysis on how Binance.US is just a couple of crypto addresses exchanging assets betweent .US and Binance international to fool regulatorsgrafician
- << btw the fall of FTX started too with a nice analysis from this bloggrafician
- this one: https://dirtybubblem…grafician
- grafician-4
"The real combined value of all the crypto in the universe is zero. The market just hasn't corrected itself yet."
- It’s funny cause it’s true_niko
- one of the greatest quotes on cryptografician
- then its buy buy buykingsteven
- grafician-2
"Core Scientific, one of the largest publicly traded crypto mining companies in the U.S., is filing for Chapter 11 bankruptcy protection in Texas early Wednesday morning, according to a person familiar with the company's finances. The move follows a year of plunging cryptocurrency prices and rising energy prices."
"Core's market capitalization had fallen to $78 million as of end of trading Tuesday, down from a $4.3 billion valuation in July 2021 when the company went public through a special purpose acquisition vehicle, or SPAC. The stock has fallen more than 98% in the last year."
- Somebody asked what happens with mining companies when BTC price gets too low...
< this happansgrafician - Dominos falling.shapesalad
- Or perhaps better to imagine blocks falling like domino’s.shapesalad
- Somebody asked what happens with mining companies when BTC price gets too low...
- grafician-3
CRYTPO: FTX says it has found over $1 billion in assets
- and clawing back donations, https://www.theguard…shapesalad
- NBQ000
- From what I have read they are charging him with straight up fraud and avoiding muddying the waters with crypto babble and web 3 BS.jonny_quest_lives
- So yeah he will more likely get buried under the prison. It's a similar case to the Theranos verdict. Defrauding investors... much easier to prove in SBF's casejonny_quest_lives
- The wolf becomes the good guyAQUTE
- NBQ001
- So it had no affect upon his grocery shopping - because supermarkets don't accept dodgydoggycoin.shapesalad
- Prompt?utopian
- shapesalad0
It's all in the body language:
Tether next:
Autistic:
CBDC
- grafician-2
Everything coming out this week in crypto point to one thing:
Binance is scam
- BTC at $16K levels again...grafician
- https://i.imgur.com/…uan
- What is that uan?grafician
- $ inflow and outflow for the big exchanges, from two days ago. binance looks pretty soliduan
- I mean, for the moment, they've been countering the outflows with lots of own money.uan
- key words "own money"
they only have about $10B in BTC, the rest of "assets" are shitcoins
and if FTX lawyers will ask for their $2B back, Binance is bye byegrafician - a scam that holds $10B? ok.uan
- they say they "hold" over $60B and nobody should worry :)))grafician
- Anyway I don't get your stance here, Binance is going down, just a matter of time actuallygrafician
- hydro745
- goddamnn bitch, take my moneyNBQ00
- She doesn't use things like 'stop losses'.. code for rubber johnnies.shapesalad
- I just puked in my own mouth and also I think I may be gay nowYakuZoku
- Not my proudest fap...Akagiyama
- whistleblowersted
- also fucking liquefy toolsted
- restore the balance with the original:
https://image.sparkl…sted - lolshapesalad
- LOL @ whistleblowerKrassy
- LOL haha hashapesalad
- grafician1
- he's in this jail, lol https://barbadostoda…shapesalad
- Headline of the year.shapesalad
- depressed vegan, lolNBQ00
- utopian1
- He got a chatgpt lawyer, they will blame everything on the metaverse accountant/ bookkeeping and eventually Zuckerberg .sted
- Love is blind.shapesalad
- Krassy3
Binance Pauses USDC Withdrawals; Sees $3 Billion In Outflows Since Yesterday
- once all this crypto is off exchanges.... essentially it's like having a text doc on your hd. absolutely useless as a money, as a thing you can go down to theshapesalad
- launderette and use...shapesalad
- I really hate crypto recently. I had blinkers on when I got into it... feel for that 'inflation' hedge nonsense. It's indeed rat poison squared.shapesalad
- @shapesalad interesting to see you do a 180; what was it that changed your mind?Krassy
- Other claim is was more like $6-7B
40K BTC withdrawngrafician - https://www.youtube.…utopian
- What changed my mind.. from years ago I couldn't get past the idea that with 1 bitcoin, you will only ever have 1 bitcoin. It doesn't pay a dividend.shapesalad
- It's value is what the next person is willing to pay for it, in fiat dollars... so it's not solving anything it set out to solve.shapesalad
- Add all the scams and the woke gender neutral purple haired individuals in the sector... plus listening to Jeff Snider's Eurodollar university plus...shapesalad
- ... this year it has not been an inflation hedge. all that talk about limited supply etc... ok, but for this year, it has not worked. so when does bitcoin work?shapesalad
- oh, hodl more, diamond hands... so it's an investment product, not a currency that works. in anycase I should have to think about money - in the sense of how itshapesalad
- works. I don't want to be my own bank. I like my bank having security and insurance. So for me crypto.. no, want to focus more on design.shapesalad
- *should have to think about money... *** correction.shapesalad
- Good you've turned your life around @shapegrafician