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https://twitter.com/web3isgreat/status/1544763598228029440?s=20&t=gayeVeP6ujbFZVZG8BrXhA Crypto markets are so heavily manipulated you can still get wiped out even if you're right.
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# ¿ Jul 6, 2022 22:13 |
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# ¿ Apr 26, 2024 09:46 |
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It's placing a bet on black and the croupier pulls a lever to stop the ball on red. The exchanges you're using to place these bets - the guys who see and execute all the order flow - are the very ones who are working to wipe you out.
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# ¿ Jul 7, 2022 15:52 |
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Boxturret posted:its like if you did a casino thing but something different happened hosed up if true
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# ¿ Jul 7, 2022 16:43 |
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There are burn wallets with no private keys that can be used to effectively destroy coins, yeah
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# ¿ Jul 9, 2022 18:17 |
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EricBauman posted:aren't the execs also super missing? I think that's the 3 Arrows Capital execs, not the Celsius ones. There was a rumor about Mashinsky trying to flee the country but I'm not sure that was ever confirmed.
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# ¿ Jul 14, 2022 15:51 |
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three stooges capital I'm sorry that's unfair to the Howard boys
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# ¿ Jul 14, 2022 18:29 |
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Why is this ... why is this something to fix?
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# ¿ Jul 16, 2022 18:17 |
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Few understand this.
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# ¿ Jul 16, 2022 18:19 |
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Putting suet out for the birds and having to shoo away some guy with a beard
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# ¿ Jul 16, 2022 18:51 |
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Weatherman posted:proof of steak
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# ¿ Jul 16, 2022 21:11 |
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Deep Dish Fuckfest posted:i mean, yes, they should know it's bs, but it's the same people who get scammed over and over again in the most obvious of ways. you're talking about the people who see a 20% per month return on entirely unregulated "financial instruments" and think to themselves "yes i will invest my entire life savings in this entirely legitimate opportunity". i know it's hard to believe, but the past decade of following crypto garbage has, i feel, appropriately calibrated my expectations regarding the incredible stupidity of the people it attracts, and it's not just "a few rubes" that fail to detect completely obvious scams They believe it in the same way that a compulsive gambler believes if he just doubles down one more time he'll get back.
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# ¿ Jul 20, 2022 01:34 |
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DELETE CASCADE posted:whenever someone says they did their own research, ask them where they did the research. the library? maybe ok. reddit? lmao I consulted the ayahuasca python and he assured me I could manifest 20% annually forever
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# ¿ Jul 20, 2022 21:01 |
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bazinga ceo
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# ¿ Jul 21, 2022 15:07 |
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Khorne posted:I'm not following how this "harvests losses" or commits tax fraud. I'm more familiar with traditional securities where this just sounds like a wash sale and would entitle you to no tax benefit. Seems like a wash trade to me, yeah. Weird thing to get excited about doing but crypto people are built different
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# ¿ Jul 21, 2022 18:53 |
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DELETE CASCADE posted:well in the land of normal securities people do tax loss harvesting all the time. sell your voo and buy ivv, feds won't care. presumably this can be done with tokens as well? That works because voo and ivv aren't considered substantially identical. I mean, maybe they should be considered identical but they aren't for now. Whereas selling bitcoins to buy bitcoins really couldn't be anything besides a wash sale, if they're securities.
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# ¿ Jul 21, 2022 20:57 |
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DELETE CASCADE posted:i believe the current consensus is that bitcoin is not a security (it's more like a commodity), but any token that is issued for the purpose of raising decentralized financing for some project (no matter how you dance around it) is definitely a security. i'm betting some of those tokens are sufficiently correlated (ie they just track the crypto market as a whole) that you could make it work Yeah, loads of tokens behave like they might as well be pegged to Bitcoin so you could probably do that. Just gotta hope the one you chose doesn't rugpull in the 30 days you're holding it.
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# ¿ Jul 21, 2022 21:05 |
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kw0134 posted:it's really clear that at least the american predilection to not be seen preventing "innovation" is loving up the obviously scammy behavior in a new completely transparent cellophane coat. I've been listening to an audiobook on historical economic bubbles and it's wild how the same stuff happens over and over again. The British Parliament was wringing their hands over not wanting to stifle innovation during the Latin American mining bubble of the 1820s. This was only a hundred years after the South Seas Bubble obliterated millions of pounds of wealth and ground the national economy nearly to a halt. It all just keeps happening.
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# ¿ Jul 21, 2022 22:33 |
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cool glad I'm paying for this bullshit with my taxes awesome
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# ¿ Jul 22, 2022 21:31 |
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I would like it if that dickbag's business was liquidated and the proceeds distributed to his former employees
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# ¿ Jul 22, 2022 21:37 |
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post ur pristine cryptos
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# ¿ Jul 22, 2022 22:07 |
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oh Binance fired up their stablecoin printer again
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# ¿ Jul 23, 2022 21:06 |
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Weatherman posted:oh hi mark
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# ¿ Jul 24, 2022 04:21 |
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Huh, so that's what ayahuasca does to your brain
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# ¿ Jul 25, 2022 17:15 |
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glaring at my lunch: The peanut butter in this sandwich should be an NFT
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# ¿ Jul 25, 2022 17:28 |
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glad I don't have the thing that makes people want to collect tennis shoes
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# ¿ Jul 25, 2022 20:11 |
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take me down to the crypto city where the bears are eating all the trash, it's lovely
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# ¿ Jul 26, 2022 04:34 |
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I'm ham-adjacent
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# ¿ Jul 26, 2022 20:33 |
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I swear Sinema has never met a terrible idea she didn't love
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# ¿ Jul 26, 2022 22:25 |
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Might as well face it, you're addicted to parenting
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# ¿ Jul 26, 2022 22:40 |
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can you stuff people in lockers on the blockchain?
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# ¿ Jul 27, 2022 01:12 |
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Shame Boy posted:when i was a kid my dad, being a dad, told me the song don't fear the reaper was by "red lobster cult", and i went on believing that right up until I was like 20 omg I want to listen to Red Lobster Cult
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# ¿ Jul 27, 2022 20:18 |
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Yeah that's the guy! He succeeded and now he can slither under doors
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# ¿ Jul 28, 2022 17:48 |
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Blotto_Otter posted:ok that's great guys, but maybe let's work on the response time and try to get this out *before* the joint goes bankrupt next time? 1. Voyager shall immediately close the barn door
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# ¿ Jul 28, 2022 23:13 |
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Electricity comes from space, duh
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# ¿ Jul 30, 2022 20:56 |
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gschmidl posted:Greggs rulez ok
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# ¿ Jul 31, 2022 19:42 |
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code 'slaw
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# ¿ Aug 2, 2022 04:20 |
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Boody posted:UK bitcoin idiot who threw out his hard drive a decade ago is at it again. https://www.theguardian.com/technology/2022/aug/02/man-hopes-ai-and-robot-dogs-will-help-recover-150m-in-bitcoin-from-landfill It's just sad now. Those bits are gone
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# ¿ Aug 2, 2022 17:36 |
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That's a pretty cavalier attitude about something that can straight-up land you in jail edit: like, a former Speaker of the US House of Representatives (Dennis Hastert) spent 13 months in prison for it aw frig aw dang it fucked around with this message at 18:24 on Aug 2, 2022 |
# ¿ Aug 2, 2022 18:17 |
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well I can't imagine anything nefarious a crypto enthusiast might be up to so it should all be fine
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# ¿ Aug 2, 2022 18:56 |
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# ¿ Apr 26, 2024 09:46 |
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https://twitter.com/web3isgreat/status/1554589477800222721?s=20&t=T3e6_MZioc-pa057vdr8zg ope!
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# ¿ Aug 3, 2022 00:14 |