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View Poll Results: Why did you buy cryptocurrencies?
Speculation - hope to sell them to the next high bidder. 69 50.00%
It’s a true currency. 9 6.52%
It’s a store of value. 31 22.46%
I don’t know. 29 21.01%
Voters: 138. You may not vote on this poll

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Old 12-01-2022, 06:05 PM
 
Location: Milky Way Galaxy
1,854 posts, read 794,462 times
Reputation: 2351

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https://www.youtube.com/@CryptosRUs/
every 12 hours this dude goes live and talks about crypto, over time I'd catch him here and there but now id been waiting for the new episodes, very smart dude;

Does a show at the stock market open bell and one later at around 9:35 pm;
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Old 12-02-2022, 12:39 PM
 
9,846 posts, read 4,630,527 times
Reputation: 7488
Some crypto investors are causing a run on the bank so to speak bailing on their crypto investments or company. The FTX failure was the result of a criminal and crime not failed crypto investments.

Apparently he barely tried to invest alot of crypto client it went elsewhere including his hedgefund Alameda Investments. He kept poor record probably on purpose and comingled the funds from his funds.

A criminal con man caused the FTX failure, not a lousy investor or product. The government will still try to use this to regulate crypto out of existence.

Last edited by anononcty; 12-02-2022 at 12:56 PM..
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Old 12-03-2022, 07:29 AM
 
7,269 posts, read 4,210,728 times
Reputation: 5466
Quote:
The FTX failure was the result of a criminal and crime not failed crypto investments.

Failed crypto investments are what caused SBF and his group to commit crime and become criminals. There is probably much more to this story than we are going to learn since democrats are knee-deep in this mess.
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Old 12-03-2022, 03:25 PM
 
Location: Milky Way Galaxy
1,854 posts, read 794,462 times
Reputation: 2351
Quote:
Originally Posted by illtaketwoplease View Post
Failed crypto investments are what caused SBF and his group to commit crime and become criminals. There is probably much more to this story than we are going to learn since democrats are knee-deep in this mess.
dems are the boogie man to so many on this website


crypto has been level for about 3-4 days now; we should see another pump or drop within 6-12 hours.
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Old 12-03-2022, 04:20 PM
 
7,269 posts, read 4,210,728 times
Reputation: 5466
Quote:
dems are the boogie man to so many on this website

especially when there is evidence of malfeasance with them and SBF.
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Old 12-05-2022, 05:45 PM
 
602 posts, read 313,116 times
Reputation: 2052
While I personally don't know anything about cryptocurrency, I do enjoy reading The Conversation where every article is written by university scholars and researchers with deep expertise in their subjects...

And just finished reading this article and thought it might be of interest here

3 ways cryptocurrency is changing the way colleges do business with students and donors

https://theconversation.com/3-ways-c...-donors-194687
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Old 12-06-2022, 12:44 PM
 
Location: Honolulu, HI
24,605 posts, read 9,442,839 times
Reputation: 22945
Not bad for a Ponzi scheme….

Quote:
Exclusive: Goldman Sachs on hunt for bargain crypto firms after FTX fiasco
Quote:
LONDON, Dec 6 (Reuters) - Goldman Sachs (GS.N) plans to spend tens of millions of dollars to buy or invest in crypto companies after the collapse of the FTX exchange hit valuations and dampened investor interest.

FTX's implosion has heightened the need for more trustworthy, regulated cryptocurrency players, and big banks see an opportunity to pick up business, Mathew McDermott, Goldman's head of digital assets, told Reuters.
https://www.reuters.com/technology/g...0Master%20List

So much for folks claiming BTC is going to zero…
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Old 12-06-2022, 12:46 PM
 
106,608 posts, read 108,757,383 times
Reputation: 80091
And even that news can’t get life out of it
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Old 12-07-2022, 12:51 AM
 
140 posts, read 79,158 times
Reputation: 80
Crypto is dropping fast again. Tether just printed another $1,000,000,000 of magic “pegged to the dollar” internet beans to try and stop the drop and even that isn’t helping.

Such an amazing “hedge”. And the “tech” is nothing more than a clunky database that takes the energy of several countries to run.
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Old 12-07-2022, 03:39 PM
 
Location: Milky Way Galaxy
1,854 posts, read 794,462 times
Reputation: 2351
Quote:
Originally Posted by Wallee View Post
Crypto is dropping fast again. Tether just printed another $1,000,000,000 of magic “pegged to the dollar” internet beans to try and stop the drop and even that isn’t helping.

Such an amazing “hedge”. And the “tech” is nothing more than a clunky database that takes the energy of several countries to run.
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