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Unregistered Posted 11/25/2021 10:23 pm
Biggest Gainers 1Mega Lottery Services Global MLR 753.31% 2 Safe Drive DRIVE 531.37% 3 Mars Space X MPX 498.21% I GAVE CRIMINALS MONEY FOR "SAFE DRIVE" COINS AND I'M UP 500% IN ONE DAY. I CAN'T LOSE! \ :winner: Unregistered Posted 11/25/2021 10:24 pm
THEY CAN'T MAKE ANY MORE BITCOIN, BITCOIN SV, BITCOIN GOLD, BITCOIN BLUE, BITCOIN DIAMOND, BITCOIN HEX, BITCOIN2 OR BITCOIN CORE!
\ :winner: Unregistered Posted 11/25/2021 10:25 pm
IT'S DECENTRALIZED, NO CENTRAL CONTROL! AND THE CENTRAL CONTROL IS CHANGING ETH FROM PROOF OF WORK TO PROOF OF STAKE!
\ :winner: Unregistered Posted 11/25/2021 10:25 pm
And don't forget why Tether got kicked out of New York -- for every $100 invested they only held $2 in reserve, and the other $98 went into space. So if there is any kind of run, they lack the ability to pay back. They do not take your money and invest in any other assets. So they moved offshore and have even less capital reserves -- they refuse to be regulated like a normal brokerage.
It is just a matter of time until the government shuts that down, they are already clamping down on offshore and private money movements especially if done without anti-money laundering inquiries. It will be regulated out of existence. It is a nothing. Unregistered Posted 11/25/2021 10:38 pm
Crypto is a scam.
Unregistered Posted 11/25/2021 10:39 pm
Good to see that someone gets it.
Unregistered Posted 11/25/2021 10:40 pm
The scam is too big now. It is a MLM cult that will continue with millions of different coins. All pumped and dumped. Gambling addicts will be all-in. No money to be made there except by running the scams. The VCs are all-in on pumping money into keeping the scams running and are heavily involved in government now. Eric Adams, new governor of new york, says he wants to be paid in crypto and just flew to Puerto Rico with Brock Piece (of DEN fame, if you didn't know) who has endless crypto. They are all in Puerto Rico because it has no taxes for US citizens. Unregistered Posted 11/26/2021 2:36 am
The real question is who ultimately profits from this scam? I want to invest in the .
Unregistered Posted 11/26/2021 3:20 am
I can mine "fake" coins, sell them for "fake" dollars, and use those to buy real GOLD. Is that real enough for you?
Unregistered Posted 11/26/2021 3:45 am
I bought 9,115 Bitcoin in 2011 for a total cost of £5,000, as a hedge against the collapse of the fiat monetary system. That collapse is more likely now than ever. If and when it comes I expect to be able to tranasct using BTC. Maybe not with national chains of supermarkets etc, but at that stage, I have never expected supply chains to function, so...
Cliffs: DON'T FUCKING BUY CRYPTO UNLESS YOU KNOW WHAT ITS PURPOSE IS! CLUE: A CAPITAL GAINS INVESTMENT VEHICLE, IT AINT. YOU DON'T PUT £100 IN YOUR SOCK DRAWER, EXPECTING IT TO BOUBLE ITS VALUE AND MAKE YOU A PROFIT :ROLLEYES: BITCOIN IS MONEY, NOT A GET RICH QUICK SCHEME. CUNTS. / Without prejudice Unregistered Posted 11/26/2021 3:58 am
It’s crazy the gains I’ve made in 5 months. All house money now and billions being poorer in worldwide. Only the US or other top country bans it will damage. If Russia China India ban nobody cares they are doge shit.
Unregistered Posted 11/26/2021 6:22 am
You can say something is worth $50 all day but it's only really worth what someone is willing to pay for it. How, in an economic collapse, are you expecting to find anyone willing to accept some weird online poker chip for a real live ham sandwich? Nobody is going to buy your monopoly money. You are dreaming.
Unregistered Posted 11/26/2021 6:26 am
If the fees to cash out are more than the profit you've made then you have not made a profit.
Unregistered Posted 11/26/2021 7:31 am
crypto is a Ponzi scheme. It is nothing but a number in a computer. The whole scheme depends on greedy suckers buying it hoping it will go up. At some point the number of suckers runs out and it collapses.
That is a classic Ponzi scheme. Unregistered Posted 11/26/2021 11:14 am
This thread is meaningless without commentary from Kingmambo. He knows markets.
Unregistered Posted 11/26/2021 12:02 pm Unregistered Posted 11/26/2021 12:17 pm
I work as a developer for a Defi company that's pretty big now in that space. And I can tell you that as much as I enjoy the intellectual and technical challenges of the job, I know that the whole thing is 100% grade-A bullshit. Defi is particularly bad because it presents a facade of legitimacy by imitating traditional financial instruments such as loans, CDOs, and derivatives. These then are backed by USD pegged coins such as DAI. This makes it all sound safe and legit, except when the DAI can no longer maintain the peg because cryptocurrencies crash to 0 (which I believe they will), then the entire Defi ecosystem collapses without the benefit of a "too big to fail" bailout from the government.
My take is that these things are being put together for pump and dump schemes and/or to allow a shadow economy to exist for the benefit of drug cartels, oligarchs, and ransomware hackers. Unregistered Posted 11/26/2021 12:29 pm
I'm 150% invested in crypto. Everybody in trading is either doing the same or is in the process. Do likewise, gentlemen. Do likewise.
Unregistered Posted 11/26/2021 12:49 pm
I would recommend allocation 1 to 5% of your portfolio in crypto.
crypto is highly volatile don't invest all your investable funds and then see a 10% drop the next day in your net worth. Unregistered Posted 11/26/2021 6:19 pm
This. Crypto is going nowhere. I don't know any Crypto millionaire living the life of a millionaire because of his crypto-gains. |