FTX US Boosts Equities Business https://www.marketsmedia.com/ftx-us...tKw&utm_content=217281165&utm_source=hs_email
Fuck!! Scott is a good person. I've watched (well, technically most times just listening on a bluetooth while doing other stuff, or driving) many hours of his youtube channel He's always trying to help others and answering questions and he has a background with trading and gives pointers on chart patterns and price movements I hope he gets his cryptos back, but most likely he'll get a small amount back Only leave crypto assets on centralized platforms that you are ok with the risk (disclosure, I have 3 BTC on Coinbase). Not your keys, not your coins
Wow, he had millions of dollars on Voyager. To be honest, given how huge these liquidation events are, its surprising how well bitcoin is holding up. I mean you have forced selling of tens of thousands of bitcoin, and yet it only dropped about 50% during these past 2 months. I know everyone is waiting for 10k or lower, but man, I think its gonna be one hell of a pump when it happens.
I posted too soon before finishing the video. What David says about what we are seeing is free markets working is spot on. This is what happens when you don't have unlimited money printing as a way to prop up a fake system. If or when this happens to fiat, us crypto guys will be laughing just like all the non-believers are having their day in the sun right now celebrating the temporary collapse of crypto right now.
Already loaded up on Ethereum ETFs during my lunch break today. If there is another 50% downswing (possible as we won't end our recession any time soon), I'll be even more happier. My job is recession proof, and people always need appraisers during hard times. One risk with the ETFs, is what if the custodian screws up? Look at what happened with the FireBlocks disaster.
I've called the crypto world a cesspool for years . I was right =========================================================================== Cory Klippsten is a big fan of Bitcoin. But his affinity for cryptocurrencies ends there. Klippsten, head of a company called Swan Bitcoin, sees a growing minefield of scams, fraud, and risky products throughout the industry. As the market retreats, he sounds embarrassed to be associated with it. “I’m a Bitcoiner who believes Bitcoin is transforming the world,” says Klippsten, 44. “I’m so sick of having my name and business associated with the crypto industry. It’s exhausting.”
There was never any reason to trust the verminous swine running ANY platform. If you did , unregulated scum that they are, you got what was coming to you
Do you realize how many auto-mobiles are stolen every day? Do you realize how many fraudulent credit-card transactions there are every minute of the day? At this point, I think you're grasping at straws.