Business & Finance Economic Fallout: Pandemic, Brandon, Money Printer Go Brr, Ukraine.
- Thread starter Floridaman
- Start date
Morphic Tide
Well-known member
This timestamp of the video shows an overall upward trend on Bitcoin, with the FTX collapse seeming to have already leveled out. In other words, it SEEMS to be the optimum time to buy in, as it SEEMS to be close to the start of recovery. Whether it'll reach a new long-term peak is a completely different matter, but as a short-term investment it LOOKS sound.
Of course, given the fundamental nature of the decline as a "black swan" event, it's guaranteed to be high-risk. Between general ongoing volatility and shenanigans like this unforeseeably dropping open a pit, it has yet to be a good idea to treat cryptocurrency as any kind of safe money.
DarthOne
☦️
I think I’ll stick to my “3-B’s” plan when it comes to investing.
Bullion
Bullets
Bandages
Arch Dornan
Oh, lovely. They've sent me a mo-ron.
If someone livestreamed him being hanged the world will cheer at this point.
Sobek
Disgusting Scalie
"We need regulation!" Cries out the government, when their regulations have never worked to make things better.
FTX was closer to being a "regulated" crypto exchange than pretty much any of their competitors. They sure had huge friends in the WEF and Wall Street. But none of these people were paying attention, all happy to shill their friend FTX friend and get huge donations to the DNC.
FTX was closer to being a "regulated" crypto exchange than pretty much any of their competitors. They sure had huge friends in the WEF and Wall Street. But none of these people were paying attention, all happy to shill their friend FTX friend and get huge donations to the DNC.
posh-goofiness
Well-known member
So I just want to get something clarified... the DNC laundered money using FTX. FTX was used to funnel money to Ukraine. So... Ukraine is just a pretext for our leaders' financial corruption.
LordsFire
Internet Wizard
Oh good grief.
One of many groups involved in transferring money was corrupt and funneling the money elsewhere. I'm sure there were others doing this too.
That does not flatten the entire USA involvement in the war in Ukraine to 'a tool for the Dems embezzling even more money.'
The level of motivated reasoning you're displaying here is reaching full-on leftist levels.
posh-goofiness
Well-known member
We aren't involved. We're just sending money. And weapons.
DarthOne
☦️
The first stage of Grief is Denial…
It's less that and more that the Dems never waste a chance to do something sleazy
Sobek
Disgusting Scalie
Worth noting the main reason that FTX folded is because Binance, the actual number 1 Crypto Exchange, wanted to do some business and the CEO of Binance started talking about trading and doing some financial moves, more specifically selling a bunch of FTX token. As soon as he announced this FTX went into a slow collapse, then a downward spiral and finally imploded as they started having to actually account for the money they claimed to have to Binance and the people watching.
CZ "Funds are safu" might have just collapsed one of the biggest money laundering and corruption schemes in US History by simply treating it as a legitimate business and causing the façade to collapse.
CZ "Funds are safu" might have just collapsed one of the biggest money laundering and corruption schemes in US History by simply treating it as a legitimate business and causing the façade to collapse.
Can we really say it isn't deserved?
Arch Dornan
Oh, lovely. They've sent me a mo-ron.
Arch Dornan
Oh, lovely. They've sent me a mo-ron.
FTX hacker identity discovered by Kraken Exchange team
Nick Percoco, the CSO of Kraken Exchange, tweeted just an hour ago in response to Mario Nawfal that the Kraken team now knows the identity of the user that hacked FTX. We know the identity of the user. — Nick Percoco (@c7five) November 12, 2022 Founder and CEO of IBCgroup.io, Mario Nawfal...
cryptoslate.com