fukk is going on with FTX

[In The Zone '98]

 

[Windows 91]

Yes, here we go

 

[duckbutta]

Cold Fusion be on point

 

[MikelArteta]

 

[SadimirPutin]

ColdFusion, CoffeeZilla and many other YouTube and twitter accounts have been sounding alarms about these scammers and bullshyt projects for years now

but the get rich quick idea is a virus that will NEVER die....in fact go look in that bitcoin thread.....those dummies in there are super anxious to throw their money at fresh new coins talking bout look for "Good Projects that have utility"

 

[Micky Mikey]

ColdFusion, CoffeeZilla and many other YouTube and twitter accounts have been sounding alarms about these scammers and bullshyt projects for years now

but the get rich quick idea is a virus that will NEVER die....in fact go look in that bitcoin thread.....those dummies in there are super anxious to throw their money at fresh new coins talking bout look for "Good Projects that have utility"

I was one of them unfortunately. Lost a shyt ton of money investing in shyt coins.

 

[Uitomy]

ColdFusion, CoffeeZilla and many other YouTube and twitter accounts have been sounding alarms about these scammers and bullshyt projects for years now

but the get rich quick idea is a virus that will NEVER die....in fact go look in that bitcoin thread.....those dummies in there are super anxious to throw their money at fresh new coins talking bout look for "Good Projects that have utility"

I stopped engaging in that thread cause of that. Dudes in there doing all these charts and analysis on shyt where the only thing it does is burn coins and yield farms into itself.

 

[King Eros]

Re Cold Fusion coverage...

It was surprisingly mid.



CoffeZilla did a decent job. This is the 3rd of 3 videos. There'll probably be more.



This one was pretty good.


Altcoin Daily is covering this daily and doing a good job as well. Here's the latest, 11/16.

 

[therewillbeboogienights]

ColdFusion, CoffeeZilla and many other YouTube and twitter accounts have been sounding alarms about these scammers and bullshyt projects for years now

but the get rich quick idea is a virus that will NEVER die....in fact go look in that bitcoin thread.....those dummies in there are super anxious to throw their money at fresh new coins talking bout look for "Good Projects that have utility"

The book called Extraordinary Popular Delusions and The Madness of Crowds comes to mind lol.

Yall should read this interview, This critic of crypto has been saying what I always thought about this ponzi scheme, FTX and crypto in general.

The Entirely Predictable Collapse of FTX Exposes the Failures of Regulators and Journalists ❧ Current Affairs

<p>The most ‘respectable’ of the crypto billionaires was just another fraudster. When will journalists stop hyping this industry? When will regulators protect consumers from getting ripped off by the next Ponzi scheme? </p>

www.currentaffairs.org

 

[Windows 91]

...those dummies in there are super anxious to throw their money at fresh new coins talking bout look for "Good Projects that have utility"

I've always wondered what these "good projects" are. I've never been shown a real world use-case for cryptocurrency other than buying illegal items, laundering money, evading taxes, or committing fraud. And when you ask people for examples of these great projects, they hit you with the "do your own research". I feel like if something's utility isn't immediately apparent to the common man, then maybe it really isn't all that useful. And if the people selling and pitching the thing can't even explain to you why it's good, then you KNOW it ain't shyt.

 

[bnew]

 

[bnew]

archive.ph

archive.ph

archive.ph

 

[Professor Emeritus]

but the get rich quick idea is a virus that will NEVER die....in fact go look in that bitcoin thread.....those dummies in there are super anxious to throw their money at fresh new coins talking bout look for "Good Projects that have utility"

Man they all HATED me in those crypto threads (mostly the shytcoins) when I kept telling them it was all based on an illusionary pyramid scheme and that the people they were trying to recruit were gonna get fukked over.

 

[Blackrogue]

someone explain to me in basketball terms.. the referee is now scoring points

 

[bnew]

someone explain to me in basketball terms.. the referee is now scoring points

bahamas government was faster than the U.S government at seizing FTX funds.

dude must have had a massive wakeup-call when he realized those authorities weren't going to help him but help themselves instead. the irony being this seizure likely would have never been possible with traditional banks.