FTX files chapter 11

Discussion in 'Crypto Assets' started by Q.E.D., Nov 11, 2022.

  1. Q.E.D.

    Q.E.D.

  2. spy

    spy

    :(
     
    Nobert likes this.
  3. maxinger

    maxinger

    That is 'good' news.

    FTX lost tons and tons of $$$$$.
    And who earned tons and tons of $$$$$??

    And which Cryptocurrency creators / exchanges / trading platforms which depend on the Ponzi scheme will be next to file chapter 11?

    It is a matter of time before Cryptocurrency will be wiped out from the face of this earth.


    With $1 000 000, you can live to the ripe old age of say 100 y/o joyfully.

    You don't need
    $ 1 000 000 000 nor $20 000 000 000 to live ripe of old of say 100 y/o joyfully.


    Even if you were Mansa Musa, your life in this world is limited to around 100 y/o.


    Even if you were the very powerful Emperor Qin Shi Huang from China or Ramesses II from Egypt, nobody knows where your bones/grave were.


    So be content with
    what you have, and
    what you don't have.

    HAPPY LIVING!


    ________________________

    Who was Mansa Musa, the ‘richest man in history’ – and what would his net worth be now? Today’s billionaires don’t come close to the Mali Empire’s late ruler, who had ‘incomprehensible’ wealth
     
    Last edited: Nov 11, 2022
    Sprout likes this.
  4. spy

    spy

    Yeah, my sad face was pure sarcasm and I agree crypto has a long way to go before being anywhere near mainstream. I don't think it will be wiped out from the face of the earth though.
     
    Nobert and gwb-trading like this.
  5. ....The future of finance
     
  6. Lovely, time for me to invest in crypto now. I been waiting for a buying opportunity.
     
  7. RedDuke

    RedDuke

    Too early. We need to see a lot more blood on the street. BTC sub 10k ETH 500 and etc
     
    d08 and SimpleMeLike like this.
  8. VEGASDESERT

    VEGASDESERT

    crypto will be the currency of mars once musk gets us there.
     
    lucysparabola and spy like this.
  9. Good morning RedDuke,

    Yes sir. I agree with you. I want to see BTC at about $1000. I was thinking about dollar cost averaging into it.

    I want to see some crypto below $1.00.

    What crypto are you looking to get into?
     
  10. TheDawn

    TheDawn

    People just accept that crypto is going to be just a commodity. People are going to just trade it like any other commodities, rare coins, artworks, designer purses, wines, real estate and basically play it like slots in Las Vegas. The way it's designed now, there is no way it will have real value.
     
    #10     Nov 11, 2022
    SimpleMeLike likes this.