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InternetJunky posted:build a crypto consultancy to help other people invest in crypto/block-chain. This sounds like a perfect way to get yourself murdered.
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May 22, 2021 18:01
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jeeves posted:This sounds like a perfect way to get yourself murdered. I'll believe that when some moonboi kills Elon for ruining things. Right now they're all useless people, too chickenshit to stand up for whatever they believe in with actual real-world actions like committing violent crimes or starting a rebellion.
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May 22, 2021 18:47
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John_A_Tallon posted:I'll believe that when some moonboi kills Elon for ruining things. Right now they're all useless people, too chickenshit to stand up for whatever they believe in with actual real-world actions like committing violent crimes or starting a rebellion. Those billionaires like Musk, Bezos, Zuck are better protected than most world leaders so the chances of some pissed off rando running up on them is pretty drat slim.
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May 22, 2021 18:52
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typing this one handed John_A_Tallon posted:I'll believe that when some moonboi kills Elon for ruining things. Right now they're all useless people, too chickenshit to stand up for whatever they believe in with actual real-world actions like committing violent crimes or starting a rebellion. Yeah most of the idiots I know that are into it wouldn’t do a drat thing in support of their “principles” tehinternet fucked around with this message at 19:07 on May 22, 2021 |
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May 22, 2021 19:03
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lol good for them now wait for the chorus of "government pls come save us ;_;"
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May 22, 2021 19:20
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May 22, 2021 19:22
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Code Jockey posted:lol good for them Government? You mean the men with guns wearing costumes?
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May 22, 2021 19:23
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priznat posted:Those billionaires like Musk, Bezos, Zuck are better protected than most world leaders so the chances of some pissed off rando running up on them is pretty drat slim. The belief that they're untouchable is part of their active security measures. They are mere mortals.
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May 22, 2021 19:24
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smoobles posted:absolute king move IMHO
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May 22, 2021 19:25
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A funny thing about Tether got posted elsewhere that I didn't see this in the thread and thought everybody'd get a kick out of it. Here's a tweet that'll get you most of the thread. It's all funny. https://twitter.com/philiproulx/status/1395437749835116549
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May 22, 2021 19:31
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Complications posted:A funny thing about Tether got posted elsewhere that I didn't see this in the thread and thought everybody'd get a kick out of it. Help me out here. Can you explain what any of that means? In a single post and not in a huge series of 140 character tweets?
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May 22, 2021 20:00
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Sickening posted:Is this what brain damage posts like? CSPAM. Not even once.
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May 22, 2021 20:09
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Cacafuego posted:Help me out here. Can you explain what any of that means? In a single post and not in a huge series of 140 character tweets? I was unaware that a dozen tweet thread was 'a huge series' or that the two tweets provided weren't pretty explicit. I apologize. In brief: Tether had to supply the NY Attorney General with 30 days of trading data, they changed their trading patterns massively in those 30 days of data they had to provide to the NY Attorney General and then went back to business as usual. The day before Tether had to log trading data they did about 30x more trading than is typical. During the thirty days of anomalously low activity Bitcoin took a massive dive in value. This raises amusing questions, but given that Elon Musk stuck his paddle into the process the data isn't entirely clear.
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May 22, 2021 20:14
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Cacafuego posted:Help me out here. Can you explain what any of that means? In a single post and not in a huge series of 140 character tweets? Tether had to submit 30 days of trading data to the NY Attorney General. This is a problem because their normal trading involves cooking the books, so they slammed a ton of dodgy poo poo through 31 days before the filing deadline in the hopes that they'd get 30 days of clean trading that they could submit, a bit like me getting ripshit on New Year's Eve before Dry January. The big crypto crashes of the last month have been against that backdrop, giving evidence to what we've all suspected for years - that the entire crypto marketplace is underpinned by the Tether printer going brrrrrr
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May 22, 2021 20:17
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Cacafuego posted:Help me out here. Can you explain what any of that means? In a single post and not in a huge series of 140 character tweets? Tether is the organization notable for printing off billions upon billions of dollars worth of their token, pegged to be worth $1 each forever. To justify this their organization 'does trading stuff' on the side to build capital to print more coins, allegedly. NY attorney general is calling bullshit and apparently Tether needed to present a full month's trade sheet to NY. So Tether stopped printing for a month and this tweet hypothesizes that's the reason behind the recent crash. E: Beaten like the red headed stepchild I am. Here, look at these worthless smart chain coins instead, it's all very stupid. https://poocoin.app/tokens/0xcf0e4dcbb1dfb23113ef53a3c7c62b4eb5a44a91 When people talk about the smart chain, they're talking about that chart copy/pasted with new names ad infinitum. nomad2020 fucked around with this message at 20:23 on May 22, 2021 |
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May 22, 2021 20:17
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Complications posted:I was unaware that a dozen tweet thread was 'a huge series' or that the two tweets provided weren't pretty explicit. I apologize. In brief: Tether had to supply the NY Attorney General with 30 days of trading data, they changed their trading patterns massively in those 30 days of data they had to provide to the NY Attorney General and then went back to business as usual. The day before Tether had to log trading data they did about 30x more trading than is typical. During the thirty days of anomalously low activity Bitcoin took a massive dive in value. This raises amusing questions, but given that Elon Musk stuck his paddle into the process the data isn't entirely clear. Help me out here. Can you chew my food for me and spit it into my mouth in 12 milliliter increments? I can’t be bothered to apply the most minimal effort to do things myself, thanks in advance
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May 22, 2021 20:36
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Complications posted:I was unaware that a dozen tweet thread was 'a huge series' or that the two tweets provided weren't pretty explicit. I apologize. In brief: Tether had to supply the NY Attorney General with 30 days of trading data, they changed their trading patterns massively in those 30 days of data they had to provide to the NY Attorney General and then went back to business as usual. The day before Tether had to log trading data they did about 30x more trading than is typical. During the thirty days of anomalously low activity Bitcoin took a massive dive in value. This raises amusing questions, but given that Elon Musk stuck his paddle into the process the data isn't entirely clear. Having to read through anything more than 1 tweet is annoying af. Perhaps for someone who knows more about crypto/tether would get the gist from just the 2 tweets. Your explanation above is concise and explains everything I’d want to know. Thank you (and the other posters) for providing it. E: tehinternet posted:Help me out here. Can you chew my food for me and spit it into my mouth in 12 milliliter increments? I can’t be bothered to apply the most minimal effort to do things myself, thanks in advance ^^^this guy gets it^^^
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May 22, 2021 20:39
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This kind of begs the question why tether was allowed to decide which month of data they would provide. Like why doesn't the AG just ask for March data?
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May 22, 2021 20:41
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nomad2020 posted:Tether is the organization notable for printing off billions upon billions of dollars worth of their token, pegged to be worth $1 each forever. To justify this their organization 'does trading stuff' on the side to build capital to print more coins, allegedly.  So this is all an Enron-style ponzi scheme?
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May 22, 2021 20:55
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Guys it was obv a 4d chess move and the nyag suspected they would fraud the 30 days but they wanted to see what 30 days of good behaviour did to the market and the nyag is literally a ninja all up in their poo poo and a storm is coming. I pray to nyag every day
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May 22, 2021 20:57
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Chadzok posted:Guys it was obv a 4d chess move and the nyag suspected they would fraud the 30 days but they wanted to see what 30 days of good behaviour did to the market and the nyag is literally a ninja all up in their poo poo and a storm is coming. inshallah
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May 22, 2021 21:00
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I'm willing to bet the Enron guys are jealous of many of the *coin scams going around right now. Like this one, some guy just ran off with $30m, and there's a near 0 chance much if any of that ever comes back to the bagholders. nomad2020 fucked around with this message at 21:07 on May 22, 2021 |
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May 22, 2021 21:01
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lol
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May 22, 2021 21:11
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what actually is DeFi100
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May 22, 2021 21:14
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poverty goat posted:what actually is DeFi100 The same thing Bitconnect was
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May 22, 2021 21:15
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Defi100 is: The First Synthetic Asset On Binance Smart Chain, Pegged To The Total Defi Market Cap. Defi is: A collective term for financial products and services that are accessible to anyone who can use Ethereum – anyone with an internet connection. With DeFi, .. Essentially, I think, we're talking about a coin pegged to the the sum market cap of all of those previously mentioned smart chain coins.
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May 22, 2021 21:17
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please stop theres only so much you can  before you develop diabetes
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May 22, 2021 21:21
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poverty goat posted:what actually is DeFi100 Get in on the ground floor! Send us money and you'll definitely* be a millionaire next week! * lol bye idiot
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May 22, 2021 21:24
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Fame Douglas posted:With the smartest being the coiners, obviously. Do you want a free copy of The Blockchain and talk about virtual currency with me? Strange. The only way to win is not to play.
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May 22, 2021 21:49
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a worthy runner-up to "penis"
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May 22, 2021 21:52
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Sweet. I thought this kind of thing only happened in Eve Online.
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May 22, 2021 22:32
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Raygereio posted:
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May 22, 2021 22:48
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Fingers crossed that this was just opening the floodgates for a golden age of exit scams.
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May 22, 2021 22:49
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CaptainSarcastic posted:Fingers crossed that this was just opening the floodgates for a golden age of exit scams. Diamond age. Can't forget about all those hands.
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May 22, 2021 22:58
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Mad Dragon posted:|Number| go up  I hate to admit publicly when a Goddamn math joke makes me laugh.
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May 23, 2021 02:17
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Liquid Communism posted:I see coinbase learned from the masters at MtGox. There was only one “master” at MtGox: Tibanne. 
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May 23, 2021 02:36
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SYSV Fanfic posted:Diamond age. Talk about a poo poo future caused by crypto!
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May 23, 2021 02:40
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InternetJunky posted:She had canned answers for all my well-researched objections -- it was kind of scary actually. just shitpost with your mouth "ELON BASED LOL"
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May 23, 2021 03:10
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nomad2020 posted:Defi100 is: oh it's pegging alright
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May 23, 2021 04:12
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Mad Dragon posted:|Number| go up got a sensible chuckle from this
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May 23, 2021 05:24
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