Cryptocurrency
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- dkoblesky2
The crypto craze reminds me of the Internet craze of 1998-2002
Anyone remember that?
I had something like 50,000 option in an Internt consulting company that went public in 2001. They failed. If they had survived and thrived I would probably be a rich man right now.
Tons of people were millionaires, then not, in one day during that time.
It was insane
- I remember vividly. I lost a nice amount. Painful lesson that so many are making now. Even the market is beyond crazy.formed
- With the CryptoArt thing taking off I definitely see the comparison. I know two people who make a decent living with just crypto. Doesn't seem real. But it is.PhanLo
- Except back then there were businesses. Totally different in every way.monospaced
- sarahfailin2
the WSB people are steering into Dogecoin. Up 30% in the last hour
- 50%sarahfailin
- thanks, that's nice.
let's hope it will be 1 someday :Dsted - Right. Because Dogecoin needs this. Let’s stop pretending the redditors are part of some good cause. They’re making money in a bubble. Funmonospaced
- Krassy5
Tiny Pacific nation is proceeding with the creation of a blockchain-based national currency
- 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
- Wordsworth4
“There's an old saying in Tennessee — I know it's in Texas, probably in Tennessee — that says, fool me once, shame on — shame on you. Fool me — you can't get fooled again.”
- PonyBoy3
$2,049.99
Any bets on when that drops back below my initial $700? I'm still not a believer although I did just take the little bit I had in garbage coins / 'learning rewards' coins and dump it all into Doge... c'mon, doggy. :)
- I haz some of that shit too so,
To the moon!
I haven't logged into my crypto crap in years.YakuZoku
- I haz some of that shit too so,
- neverscared3
Bahamas Bank Deltec Accused of Giving Bankman-Fried ‘Secret’ Credit to Buy Tether
It was one of the remaining puzzles after Sam Bankman-Fried’s conviction on fraud charges: what was the relationship between the one-time crypto billionaire, a Bahamas bank whose chairman created the cartoon Inspector Gadget, and cryptocurrency Tether?
Text messages, a declaration from Bankman-Fried’s former colleague and ex-girlfriend Caroline Ellison, and other documents published as part of a lawsuit filed against alleged enablers of his scheme suggest a tighter web of connections than previously known.
https://www.bloomberg.com/news/a…
tether will be the next ftx
- skinny_puppy2
- I didn't know things were "make things up with random numbers" levels of bad.skinny_puppy
- why surprised?Krassy
- jagara2
is crypto still a thing?
- if u enjoy pyramid shemes... yesneverscared
- the moment qbn starts posting good things about crypto, then it's time to sellinteliboy
- neverscared2
Sam Bankman-Fried doesn’t recall
Bankman-Fried gets a shot at his side of the FTX story — then promptly shreds his own credibility with the jury.Midway through Sam Bankman-Fried’s cross examination, as prosecutor Danielle Sassoon went through a brutal line of questioning like a hot buzzsaw through a butter cow, I found myself reflecting on how smart the average person is. Maybe they don’t know calculus. Maybe they’ll never read Ulysses. Maybe they can’t code. But they definitely know how to identify bullshit when they see it.
So if you, like Bankman-Fried, have moved into the Clintonian territory of “it depends on how you define ‘trading’’” you done fucked up, son. Make whatever “sophisticated” argument you like; even the stupid will see through it.
At various points during Sam Bankman-Fried’s cross examination, I saw jurors shake their heads, frown so hard their lips disappeared, and make prolonged eye contact with each other. Personally, I now have a Pavlovian fear response to the phrase “Is it your testimony that...”
On the stand, Bankman-Fried’s demeanor suggested a spoiled child complaining he didn’t get the biggest scoop of ice cream at his birthday party. He didn’t want to answer the prosecutor’s questions, or his lawyer’s questions — he wanted to answer his own questions, which he liked better. He often replied to yes-or-no questions with nonsense.
- a nerd posse running away with a bunch of other people’s money in the stupidest and simplest way possibleneverscared
- "A hot buzzsaw through a butter cow"skinny_puppy
- hydro742
- Yeesh. I'd forgotten about her.Continuity
- damn, she's beautiful. no wonder she's getting a lot of actionNBQ00
- utopian1
The first 20 seconds of this video...Fucking Know It All
- I'd happily watch a video of Gary V being crushed in a hydraulic pressPhanLo
- fucking idiot, i hate that guyNBQ00
- I hate that cuntcrazyprick
- bainbridge1
I still have $1,650 in Bitcoin.
Sell?
Hold?About a $3k loss
- Krassy3
is this thing still a thing?
- neverscared2
SEC sues Binance and CEO Changpeng Zhao for ‘mishandling billions of dollars’
Financial watchdog alleges Binance lied to regulators and syphoned investors’ funds into separate companyBinance, the world’s largest cryptocurrency exchange, and its chief executive are being sued by the US’s top financial watchdog, which has accused them of making billions of dollars while “placing investors’ assets at significant risk”.
In a court filing, the Securities and Exchange Commission (SEC) accused Binance of mixing “billions of dollars” in customer funds and secretly sending them to a separate company controlled by its founder and chief executive, Changpeng Zhao
- oopsy daisy... handcuffs soon..neverscared
- To quote the Binance Chief "Compliance" Officer: "we are operating as a fking unlicensed securities exchange in the USA bro"grafician
- neverscared1
- Party over?NBQ00
- party is over when musko share a zell with zhao .. https://www.theguard…neverscared
- Wonder what AI's chart will look like...formed
- doggydoggdog-1
Should I sell my bitcoin now?
- will you make a profit?AQUTE
- Nodoggydoggdog
- lol nointeliboy
- buy high...sell low!utopian
- Hodl4evaYakuZoku
- neverscared2
- Fuck that guycrazyprick
- Fiat money is nothing but a confidence trick.shapesalad