Totally agree. 99% of these meme coins go to 0, just like NFTs. We'll see what happens. I see this flipping $SHIB and running for $DOGE.
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Totally agree. 99% of these meme coins go to 0, just like NFTs. We'll see what happens. I see this flipping $SHIB and running for $DOGE.
I dont think some Meme Coin participants factor in massive Supply (Over-Supply) and the investment being High-Risk/High-Reward one anyway, has some casual participants more willing to Gamble, and with the Forum hype lol its funny in ways actually.
Go Big or Go Home
He’s trying his hand at being ironic. He missed possibly because he is in denial about what was actually offensive about the [redacted] episode. We are mostly all very aware what the chain of events were.Quote:
Originally Posted by drake
Quote:
Originally Posted by Daly
This is a crypto thread so I was just posting about it as it is an interesting run up. I'm not telling anyone to buy it - I could care less, I already made my bag and still holding $40K worth.
The real beauty of these shit coins is you can provide liquidity on uniswap and earn a % of the trading fees. As long as they remain volatile in a moderately tight range, these things print for awhile.
https://twitter.com/binance/status/1655419627093241856
Very weird.
Someone asked for $50 in BTC from me today. I said, "Ok, sure."
Went to go send and the transaction fee was $25. I texted them that this was a no-go.
What a mess.
Quote:
Originally Posted by SanlmarHe’s trying his hand at being ironic. He missed possibly because he is in denial about what was actually offensive about the [redacted] episode. We are mostly all very aware what the chain of events were.Quote:
Originally Posted by drake
The fact that you think there was a “chain of events” tells me how clueless everyone was, and continues to be, about Redacted.
Quote:
Originally Posted by Sanlmar
very 'glass is .000000001% full' energy in this post.
I think you are insensitive/clueless as to how the community felt about [redacted] and continue to be.Quote:
Originally Posted by Daly
Druff asked that it be stricken from the record and we have honored his request as a community. Remarkably, I might add.
You brought it up and it triggered me. Let’s agree to drop it.
Quote:
Originally Posted by SanlmarI think you are insensitive/clueless as to how the community felt about [redacted] and continue to be.Quote:
Originally Posted by Daly
Druff asked that is be stricken from the record and we have honored his request as a community. Remarkably, I might add.
You brought it up and it triggered me. Let’s agree to drop it.
My final parting point on the matter, until such time that the rehash is done, Feelings aren't facts.
Consider it dropped.
Druff shouldn't have deleted a damn thing.
Ok now consider it dropped.
$PEPE continues to dip..market cap $800mm.
I'm still holding a bag but took some off the table. Crypto is fun.
Anyways, I'm not shilling but I will start posting when I ape into things if anyone is interested. I'm no expert but I have been in early on many things in NFTs (minted bored apes and sold for mid 6 figures) and Crypto (ty Micon for the free btc on SWC back in the day lol). Bought $PEPE at $20-30mm market cap 3 weeks ago.
drake, definitely post here what you've noticed as far as shitcoins/memecoins which are on the rise. As long as it's called what it is (a useless coin which is going to rise, peak, then crash), everyone can decide whether to buy some or not.
I haven't bought any of these in 2023, but I admit that I would have if I saw some of these like 12 hours earlier than I did, in some cases, and would have profited well because I would have been very vigilant about dumping at the first sign of trouble.
There is legitimately money to be made if you buy in the early stages and know how to recognize peaking.
Quote:
Originally Posted by SanlmarHe’s trying his hand at being ironic. He missed possibly because he is in denial about what was actually offensive about the [redacted] episode. We are mostly all very aware what the chain of events were.Quote:
Originally Posted by drake
oh you want irony?
https://twitter.com/jgreco/status/1659889069004935173
There is something remarkable about the way each one of his books begat the next. Flash Boys spawned his upcoming FTX book.
Lewis has been riding inside the curl of the wave of economic events from Liars Poker forward and it has all been kismet and chance. How he got hired at Solomon (Liars Poker) was dumb luck for this Art History major. Love it. It appeals to my life view.
His encampment inside FTX was a chance happening. Especially the timing
I missed that IEX FTX stock swap.
The video below is from the 2023 Bitcoin conference where Michael Lewis spoke. The tweet you posted, Sonatine, is pulled from this exchange.
I hang on every word Lewis utters. I cried during Blindside. He has been a constant my entire adult life. I have been curious and filled with trepidation about how Lewis would handle the fact that he was oblivious while encamped in the polycule. I didn’t want our relationship to end on a disengenuous note. This video reveals to me he is gonna be completely candid.
The video gets. stronger and stronger. Comparing evangelicals to bitcoiners was classic Lewis. It was filled with lots of goodies.
At this point, I think maybe only 3 of us remain who are familiar with the arc and would enjoy the vid.
https://youtu.be/7KWuS_wOUnY
Arthur Hayes (the rise and fall of Bitcoin billionaire - BitMEX yada, yada) is the young guy with the worn out pants in the video.
Michael Lewis had a marketing target for the book around the start of the trial. Arthur Hayes didn’t think there would be a trial.
I got burned out on SBF. I rode the wave with Autism Capital then the arrest. Enough. But no trial is really an intriguing possibility. Such an American financial outcome if there ever was one.
So much to be [redacted]
Quote:
Originally Posted by Sanlmar
not to mention, the forensic accountants kept on finding money. so the promise of enron caliber drama vanished pretty fast.
Quote:
Originally Posted by sonatine
https://pbs.twimg.com/media/FwpElhbX...jpg&name=large
uh gambling and scamming is a great proof of concept im such an idiot i deposit online and it charges my amex from like hong kong clothiers
not sure if this is the right place to post this, but here it is, banks in the UK are thin on cash, and making hard for ordinary people to withdraw cash....
is there a "bank collapse thread " on this site?
https://twitter.com/bartleyfouchard/...EENLDqSWyJ3hng
Oh boy….
We don’t care about fiat. We don’t care about Bitcoin’s value against the dollar. Bitcoin has its own inherent value and will be our savior when world currencies collapse.Quote:
Originally Posted by sonatine
On vacation.Quote:
Originally Posted by BetCheckBet
Was expecting to look and see $19K
$26 when this was posted
5.5% move in a day is barely worth commenting on
SEC charged binance with securities violations etc etc
LOL
We are disappointed that the U.S. Securities and Exchange Commission chose to file a complaint today against Binance seeking, among other remedies, purported emergency relief. From the start, we have actively cooperated with the SEC’s investigations and have worked hard to answer their questions and address their concerns. Most recently, we have engaged in extensive good-faith discussions to reach a negotiated settlement to resolve their investigations. But despite our efforts, with its complaint today the SEC abandoned that process and instead chose to act unilaterally and litigate. We are disheartened by that choice.
While we take the SEC’s allegations seriously, they should not be the subject of an SEC enforcement action, let alone on an emergency basis. We intend to defend our platform vigorously. Unfortunately, the SEC’s refusal to productively engage with us is just another example of the Commission’s misguided and conscious refusal to provide much-needed clarity and guidance to the digital asset industry.
Today’s action is another in a line of examples where, as with other crypto projects facing similar suits, the Commission has determined to regulate with the blunt weapons of enforcement and litigation rather than the thoughtful, nuanced approach demanded by this dynamic and complex technology. Unilaterally labeling certain tokens and services as securities – even ones over which other U.S. authorities have asserted jurisdiction – only compounds these problems.
Perhaps most surprising, the SEC’s actions undermine America’s role as a global hub for financial innovation and leadership. Digital asset laws remain largely undeveloped in much of the world, and regulation by enforcement is not the best path forward. An effective regulatory framework demands collaborative, transparent, and thoughtful policy engagement – a path the SEC has abandoned.
And, to be clear: any allegations that user assets on the Binance.US platform have ever been at risk are simply wrong, and there is zero justification for the Staff’s action in light of the ample time the Staff has had to conduct their investigation. All user assets on Binance and Binance affiliate platforms, including Binance.US, are safe and secure, and we will vigorously defend against any allegations to the contrary. Rather, the SEC’s actions here appear to be in service of an effort to rush to claim jurisdictional ground from other regulators – and investors do not appear to be the SEC’s priority. Because of our size and global name recognition, Binance is an easy target now caught in the middle of a U.S. regulatory tug-of-war.
It seems based on these developments that the SEC’s goal here was never to protect investors; if that were truly the case, the Staff would have thoughtfully engaged with us on the facts and in our efforts to demonstrate the safety and security of the Binance.US platform. The SEC’s real intent here, instead, appears to be to make headlines.
We will continue to cooperate with regulators and policymakers in the U.S. and across the globe because that is the right thing to do. And Binance remains committed to productive engagement to ensure the next generation of cryptocurrency regulation fosters innovation while implementing and ensuring important consumer protections. Because Binance is not a U.S. exchange, the SEC’s actions are limited in reach. Still, we stand with digital asset market participants in the U.S. in opposition to the SEC’s latest overreach, and we are prepared to fight it to the full extent of the law.
We will work alongside industry partners to defend this important technology from misguided lawsuits. And we will maintain our unceasing efforts to deliver a safe and trusted platform for our users that holds true to our core value of furthering the freedom of money.
Lol ok….
Turns out when you on a walking tour of denver your not up on all info.
That said id suspect a larger drop than that.
Why would anybody be surprised they went after Binance especially since they went after Coinbase just prior. It’s ironic because Coinbase has notoriously been ratting out its customers for awhile to the IRS and such. You would think they wouldn’t want to rock the boat to get the tax revenue from tax evaders by going after the very entity that’s been giving them information.
Only thought it they’re going full CCP mode on crypto now despite the fact the SEC ruled it’s a commodity not currency so they need to make up their fucking minds. By this logic pretty sure Cash App will be targeted since people can buy and sell BTC on there and receive it and insta convert to fiat.
Just amazes me people are willing to spend $26,000 on a mathematical algorithm. Warren Buffet said it best, the only value is selling it to the sucker next to you for more than you paid for it. There is some fun with it though, there are literally people battling depression because they used to have say 100 coins when they were valued at $2 and can't find them. LOL, now that is funny.
Gary Gensler actually said “ We don’t need more digital currency. We already have digital currency.”. What he is less forthcoming about is that we are now clearing the path for CBDC. There is a .gov war on crypto.Quote:
Originally Posted by ftpjesus
I am not a Bitcoin maxi but if we can bet on blackjack at the local casinos we should be able to bet on crypto if we wish.
Speaking of crypto maxis… is Coinbase a buy here?
Quote:
Originally Posted by SanlmarGary Gensler actually said “ We don’t need more digital currency. We already have digital currency.”. What he is less forthcoming about is that we are now clearing the path for CBDC. There is a .gov war on crypto.Quote:
Originally Posted by ftpjesus
I am not a Bitcoin maxi but if we can bet on blackjack at the local casinos we should be able to bet on crypto if we wish.
Speaking of crypto maxis… is Coinbase a buy here?
ipso ergo parties allowing the wagering on crypto should be subject to the same level of regulation as casinos and banks, yes?
bro you are so gay
I'm going to try and not act surprised when the Southern U.S. District of New York comes out with an indictment against Coinbase and Binance then seizes their web domains (coinbase.com, binance.us, binance.com)
It's been over 13 years since black friday in online poker and the U.S. government wants that unclaimed money (possibly Billions) from crypto.
https://public.bnbstatic.com/image/c...d6b73a2fb5.png
lol blackrock/fidelity
has anyone really stopped and considered how twitter being swept off the stage would impact long tail crypto?
Good article: https://www.marketwatch.com/story/ex...roved-f4665af4Quote:
Originally Posted by DJ_Chaps
Also, I hope you will give me credit for my forward-thinking, 1990 prank of Fidelity which caused them to permanently change their main phone number -- to the one they still use today.