1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:

The Observer

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I don't know the full story but this 30 year old, still dressing like a child azz bytch was the CEO of Alameda Research, a related company that allegedly was the catalyst that caused the collapse of FTX.
Bytch said stop losses aren't a good risk management strategy :mjlol:


I saw this on reddit…..ridiculous lol

:dead:
 

Deafheaven

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I don't know the full story but this 30 year old, still dressing like a child azz bytch was the CEO of Alameda Research, a related company that allegedly was the catalyst that caused the collapse of FTX.
Bytch said stop losses aren't a good risk management strategy :mjlol:



in....what...context :mindblown:


stop losses if you are trading regularly is essential because if you have a system it minimizes losses even if you get kicked out and it runs, you be saved the 100 other times your SL saved your ass.


these the people running crypto :jbhmm:
 

jilla82

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People need to stop treating these juelzers like wunderkinds


Again.....when have any of you used a cryptocurrency in your day to day lives in the last two years
wdym?
I use it a lot

dont confuse crypto with this shyt
keeping a large chunk of your funds on a CEX is a dummy move
 

Virtuous_Brotha

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in....what...context :mindblown:


stop losses if you are trading regularly is essential because if you have a system it minimizes losses even if you get kicked out and it runs, you be saved the 100 other times your SL saved your ass.


these the people running crypto :jbhmm:
Nah just typical ponzi grifters that managed to bribe celebs with cash to overhype their shyt to fool gullible investors just treat it the same as a shyt coin like emaxx dying.
 

jilla82

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You use it a lot?

To do what? Give concrete examples....which coins or tokens?
transferring funds w/o a middle man
I send/pay people using ETH
(im a full time crypto person so going further than this to prove something to you is a bit silly from my vantage point)

what youre getting at doesnt actually matter though
anything new is going to be used by a small amount of people

I remember being online in the 90s and folks told me it was a waste of time

if it has no use to you youre free to look the other way
but me personally I see how the world needs a financial system w/o governments and corporations in the middle
 

old pig

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I don't know the full story but this 30 year old, still dressing like a child azz bytch was the CEO of Alameda Research, a related company that allegedly was the catalyst that caused the collapse of FTX.
Bytch said stop losses aren't a good risk management strategy :mjlol:



I need all the celebrities who promoted FTX to say something now lol

this is a NASTY look smh
 

the bossman

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This shyt looks BAD for the industry brehs. The fallout aint even really begun yet. The regulations that do come could end up being more restrictive than what they would've originally been. Especially since he was the main clown lobbying in front of Congress on the regular.

It's fukked up since this really has nothing to do with crypto. This was your typical wall street scam artist that just so happened to use crypto. But crypto will take the big hit reputation wise from this regardless.

Once all this rif raff gets washed out the recovery gonna be :banderas:


Just continuing to DCA into BTC/ETH from here :hubie:
 

old pig

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This shyt looks BAD for the industry brehs. The fallout aint even really begun yet. The regulations that do come could end up being more restrictive than what they would've originally been. Especially since he was the main clown lobbying in front of Congress on the regular.

It's fukked up since this really has nothing to do with crypto. This was your typical wall street scam artist that just so happened to use crypto. But crypto will take a hit reputation wise from this regardless.

Once all this rif raff gets washed out the recovery gonna be :banderas:


Just continuing to DCA into BTC/ETH from here :hubie:

yep…this wasn’t some rinky dink exchange that went belly up so it’ll leave a stench on crypto but regulations were always coming…this just serves as a “catalyst” publicly

the market has been facing/subjected to new regulations since 2018…detractors are trying to use it as a “catch-all” scary phrase when it’s already been happening for years and will continue to do so…ultimately it benefits the market and many early adopters…those who wait will face increasingly limited opportunities tho
 

In The Zone '98

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ISO20022 implementation should be using crypto for cross border payments

USA plans to use these cryptos for cross border payments starting in 2025. Many other countries are gonna start early 2023.

A quick Google search will provide 20 references for accuracy.
 

the bossman

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