I’m not a robot money guy. Is this good?
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I’m not a robot money guy. Is this good?
Filecoin (FIL) was already a disaster before today.
It was at $180 in late March 2021. It was still around $82 at the beginning of 2022, and now it's worth $3. The decline today from $4 to $3 isn't news unless you still think this failcoin is going to bounce back.
Damn Sonatine. I almost bet Binance would be next. I looked to check the odds this afternoon. I checked again at dinner and Binance & Binance US are locked out. Poking around hyper quick. Just scanning
+2000
I just couldn’t push the button.
If I had read your morning post I woulda been very +EV. Crypto was last on the list of my concerns today.
Been poking around - CZ is gonna get served. I’m pretty certain. Minimum money laundering (washing with BNB accounts/wallets) Conspiracy of a couple varieties.
Institutional money is fleeing.
Then the audit issue. The CNBC interview
You knew.
Crazy times. The web that extends out from FTX …..
BNB (Binance token) is down 12% the past 24 hours. Keep an eye on it. If it starts tanking big time, then lights out for Binance is around the corner.Quote:
Originally Posted by Sanlmar
15 Billion withdrawn in a month and they haven't gone bust yet. I guess Binance is gonna get the ultimate audit by having everyone withdraw their funds. We shall see what happens.
https://twitter.com/nansen_ai/status...VyksZCMSw&s=19
Rage Against the Machine
https://www.youtube.com/watch?v=kl4wkIPiTcY&t=131s
Rage is all about this Sleep now in the Fire
Quote:
Originally Posted by Small_BananaBNB (Binance token) is down 12% the past 24 hours. Keep an eye on it. If it starts tanking big time, then lights out for Binance is around the corner.Quote:
Originally Posted by Sanlmar
https://twitter.com/DylanLeClair_/st...05955305254912
https://pbs.twimg.com/media/FWAsCmnaQAAOUAK.jpg
Twitter is such a fraudulent cesspool. The second I see a blue check mark I start to swipe. Real?Quote:
Originally Posted by sonatine
Are you are appreciating this as comedy, irony or schadenfreude? Serious question
Lol. I appreciate you brother. Happy Holidays.
dogecoin just flipped coinbase
As the original exchange connoisseur… long before crypto twitter and discord … please explain to me how you/we weren’t short COIN. Not even a scalp.Quote:
Originally Posted by sonatine
Flawed character son
In the early days of Coinbase, back when MtGox crashed, I actually was able to chat with one of the owners on there, and I asked him why I shouldn't be worried with them after what happened with Gox.
Now a decade later, Coinbase is in questionable shape. Was very sad watching them decline from great customer service into a total piece of shit.
I know I've mentioned it before but it's a good lesson on insolvency and relates to current crypto exchanges.
Back in 2008 I played on Battlefield poker (a skin of microgaming). I never thought anything of it. Microgaming was very well established and regulated. Then one day without warning I logged on and while I could type in chat could not access my balance or play in any games. I came to find out the following.
-Microgaming had kicked off 25 skins from the network with zero notice (all 25 skins belonged to something called the TUSK group). Turned out each skin was responsible for their own players money and making transfer payments to microgaming. After a several year liquidation I learned the following.
1) Players were only paid out about 15% of their balance (5 million of dollars missing).
2) Although all skins had legal agreements that players money would not be used by operators (held in trust) there was zero oversight and recourse.
3) With 80% of players money lost there were zero warning sings of money troubles beforehand (the most scary part)
I see a lot of online exchanges the same today as those skins back then.
Coles notes: By the time the warning sings come it will likely be too late.
For more detailed version of what went down. The responses by the operators are particularly troubling.
https://forumserver.twoplustwo.com/2...d-5-3m-452491/
Quote:
Originally Posted by SanlmarAs the original exchange connoisseur… long before crypto twitter and discord … please explain to me how you/we weren’t short COIN. Not even a scalp.Quote:
Originally Posted by sonatine
Flawed character son
i just didnt/dont see a play here beyond like naked shorting which tbh is like watching paint dry compared to flailing around the ES order flow.
worse still coinbase is going to be one of the last to die, meaning its going to do that 'nose of the titanic' shit over and over on the way down as liquidity with nowhere else to go in the space accrues in it momentarily on its way to zero.
if you want to make a great pelosi play, sure, grab LEAPs or whatever i guess..? personally i want to go after the weakest members of the herd, not the strongest.
One of the largest US publicly traded Bitcoin miners, Core Scientific, is filing for bankruptcy
Meme is back baby
AMC, Bed Bath, GameStop & crypto
Quote:
Originally Posted by Sanlmar
Im not calling for any great bounce back…. But a whole lot was working against Bitcoin the past few months and it held ~$17K as a floor.
It can always get worse from here, but I feel comfortable saying we will trade in the 20’s shortly and it will probably hold for a long while.
Is Gemini still okay? Want to throw some money on acr don't want it in llimbo
Although we wouldn’t be surprised if this BTC squeeze was the Winklevii trying to spark a rally to plug their hole with inflated BitcoinQuote:
Originally Posted by FRANKRIZZO
Babe
Genesis files for Chapter 11 bankruptcy
Thank god crypto rejects fiat or I’d be concerned
https://www.piratewires.com/p/crypto-choke-point
Operation Choke Point 2.0 Is Underway, And Crypto Is In Its Crosshairs
detailing the Biden Admin's coordinated, ongoing effort across virtually every US financial regulator to deny crypto firms access to banking services
SBF lit the fuse
one of the fed governors a day or two ago warned they may all go to zero and not to expect a bailout.
i wouldn't own it with tine's $
All Markets are Cyclical so do and will Cycle just sometimes the peaks and valleys are greater than other timesQuote:
Originally Posted by SanlmarAlthough we wouldn’t be surprised if this BTC squeeze was the Winklevii trying to spark a rally to plug their hole with inflated BitcoinQuote:
Originally Posted by FRANKRIZZO
Hopefully not being actually serious that is not what happened, the current Markets seeing a more Cyclical time speculation is fun
I have seen a few companies that went busto or claimed to. There was substantial bitcoins found in the exchanges. I have never seen any of their customers get refunds. Who gets the money the feds? Why don't funds go back to customers?
Until early December last year I hadn't owned any BTC for a long while. I've made 4 purchases altogether since then. There have been zero BTC bulls in this thread for a long time. Is anyone else mildly bullish on BTC specifically or crypto in general? There used to be people who said it was going to a milion or to 100k by end of '22. I don't hear from them so much anymore.
ever since john mcafee died after eating his own dick when bitcoin failed to break 100k, crypto has been kind of a downer tbh.
Quote:
Originally Posted by DalyQuote:
Originally Posted by Sanlmar
Im not calling for any great bounce back…. But a whole lot was working against Bitcoin the past few months and it held ~$17K as a floor.
It can always get worse from here, but I feel comfortable saying we will trade in the 20’s shortly and it will probably hold for a long while.
Quote:
Originally Posted by country978
Bump
So long as you keep expectations in check its a good place to be. Ive made sure a lot of my….. winnings….. from certain activities have come in the form of BTC. People have been a lot more willing to part with it over the past few months and its very much true you dont hear from the Wen Lambo? Crowd any more.
Its gone from 16.8 to 24.8 in a short amount of time. I wouldnt blame someone if they called dead cat bounce here.
Somebody told me you can't go broke taking a profit and so my latest BTC venture has been cut by 75%. Market is too volatile.
US President Joe Biden has chosen Federal Reserve Vice Chair Lael Brainard to be his top economic advisor.
Brainard is a Fed “CBDC cheerleader” and her appeal to the Binden economic team is obvious. Confluence with Binden’s crew trying to unbank crypto and its morning in ‘Merica
No one cares.
Balloons
I wouldn’t blame someone if they called $30k “generational opportunity”.Quote:
Originally Posted by Daly
You tee’d that up.
Yes, there is always a trade and this time it was well done. Props
Just relax and wait. It's impossible to know how the bitcoin chart will develop in the future but what we can definitely say is that it can go up like an explosion in just 3 months. Because that's what happend before and it can happen again. Btw I see the gambling industry now jumps on the crypto train too and more crypto casinos open their doors. This is good news too for cryptos.Quote:
Originally Posted by country978
Bothe the US Fed and Bank of England has listed several jobs seemingly related to getting a sovereign blockchain currency off the ground in the past week.
Its been said in here previously but its coming sooner rather than later.
Quote:
Originally Posted by Daly
“Sovereign block chain currency”. Why the euphemism?
Say my name. “CBDC”
Also, sooner than what? Sooner than sooner perhaps.
Fun is just around the corner.
We regulate any stealin' of his property
We're damn good too
But you can't be any geek off the street
Gotta be handy with the steel
- Gary Gensler SEC
They got your homie hemmed in … that geek CZ and Binance are next.
Clearing the streets for CBDC and you’ll be thankful things are safe agin
Shout out to Elizabeth Warren “G”
Have you now given any thought how the currency reset will be executed and how you will have yourself positioned?Quote:
Originally Posted by DalyThe financial system can’t build the rails fast enough for a 5 year rollout. The fed can build the train in a year.Quote:
Originally Posted by Sanlmar
Obviously you’re not holding bonds, for instance.
We should chat up some scenarios.
When you make a purchase initially you will select your fiat (for lack of better word) or CBDC account for payment. Isn’t that something to ponder? It spins out from there
Bitcoins aren't donkdown yet, but crypto bank Silvergate is: https://www.cnn.com/2023/03/08/busin...pto/index.html
:anditsgone
bitcoin price may 2013: $116.75
bitcoin price today: $20,257.00
:lol2