Steve
ClioSport Club Member
ST3 8.5
’buy the dip’
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Bitcoins (and other crypto currencies)
- Thread starter Addicted
- Start date
’buy the dip’
Steve
ClioSport Club Member
ST3 8.5
This is horrific if proven!
Pensions?
www.ft.com
Pensions?
Hedge fund admits half its capital stuck on FTX exchange
Galois warns investors it could take ‘a few years’ to recover assets
Clio182mike
ClioSport Club Member
Clio 182
No it wasn't. Ftx was fine and doing very well. Sbf just got greedy and and stupid, he used and lost customers money. He also lied through his teeth to pretend everything was ok. Then a bank run forced him to come clean
rctempire
ClioSport Moderator
Bank run caused by CZ saying hes selling his share. Then soon as that happened it collapsed as the FTT token was not backed, nor was it actually valued.
Alameda valued it, which in term was actually Sams company, so it created the unlimited money loop. Which was then caught.
Steve
ClioSport Club Member
ST3 8.5
brisa4984
ClioSport Club Member
From what I’ve seen. In simple terms. He essentially made FTT, burned a s**t load which jacked up its price. Then used that as collateral for borrowing other people’s money and transferring it to his secondary companies.
Then when binance sold their FTT it dropped the price and there began a cascade of lack of confidence and value. As most of their wealth was in FTT it collapsed.
That all right ?
How the hell was he allowed to Get away with that. Sounds laughable.
Then when binance sold their FTT it dropped the price and there began a cascade of lack of confidence and value. As most of their wealth was in FTT it collapsed.
That all right ?
How the hell was he allowed to Get away with that. Sounds laughable.
because there's bog all regulation, and it'll keep happening again and again.
ChrisR
ClioSport Club Member
but, but, but, regulation is bad isn't it? Screw the bankers, system etc
Stefan.
ClioSport Club Member
I'm sorry but anyone who actually buys into all this crypto, is either naive or abit silly thinking they are going to make alot of money, whole thing just looks like one big scam/fraud.
Still waiting to see who has actually made anything worth shouting about on here?
Still waiting to see who has actually made anything worth shouting about on here?
andybond
ClioSport Club Member
Define worth shouting about? £10? £20? Grand? More?
If you put in a £1 and came out with £10 thats not a bad return.
Stefan.
ClioSport Club Member
5 figures minimum really...
R-Sport.
ClioSport Club Member
Mint 1*2's for sale-
Quite phenomenal amounts of money have been lost recently.
Someone was making money, lots of money.
Steve
ClioSport Club Member
ST3 8.5
Clio182mike
ClioSport Club Member
Clio 182
Most sensible crypto investors are still holding so until they sell they can't say what profit they have. Most silly investors have shat themselves into selling so they are out with a loss. I only got into crypto last year but those who got in around 2017 are laughing even in today's bear market
Clio182mike
ClioSport Club Member
Clio 182
I bet most people into crypto in here have lost far less that what's thrown into their cars 🤷♂️😂
You can have fun with a car though. Not sure how to have fun with crypto losses
Clio182mike
ClioSport Club Member
Clio 182
Each to their own, I would say it's more exciting watching a portfolio 10x in a few months. But I suppose I'm never going to win when posting this statement in a car forum 😂🤦♂️🤦♂️
Some people just don't like the casino, doesn't mean you can't enjoy yourself
'Three quarters' of retail Bitcoin investors are in the red
Little fish lured into the market help whales cash out
ChrisR
ClioSport Club Member
Is that 10x up or down though?
I'm interested to see what happens with the tokens as the competition progresses.
R-Sport.
ClioSport Club Member
Mint 1*2's for sale-
Sometimes you can see a sharp decline quickly
especially if they go behind
Sold some today
rctempire
ClioSport Moderator
Bring out the
Well, that win sadly didnt happen. Was a wild game.
rctempire
ClioSport Moderator
Id say ive done pretty well for myself. Started with total shite mining with cpus, then moved on and got caught in the lightly in MTGox and started again, got some doge, mined some stuff, bought new cards.
Eventually bough some btc miners second hand. mined those for a while. Upgraded. Cashed in, cashed out. blah blah.
Got some good miners when BTC and BCH did a fork, (paid in BCH, jackpot free miners)
Moved on, got eth, did some IPOs and crap. Lost loads, gained loads.
During this worked with a friend and we had a steady trade algo and it worked lovely. During the peak market we tried out our luck on scalping and fast.
Sadly binance apis are absolute shite and it missed stop losses and sells and blew through our algo and limits and it emptied in around 30 seconds. We had 30K to start, 0k at the end.
Still chopping away at BTC and other shite coins and always will. Its fun and something different to try.
My goal is to have a handful of btc by end of next year, im getting close but still not there yet.
I still consider myself lucky and ahead of the curve on this and it do it for enjoyment not the cash (at present).
If you need a millionaire view speak to Guy or @R-Sport.
Steve
ClioSport Club Member
ST3 8.5
rctempire
ClioSport Moderator
Steve
ClioSport Club Member
ST3 8.5
Another nail,
More likely, however, it is an artificially induced last gasp before the road to irrelevance – and this was already foreseeable before FTX went bust and sent the bitcoin price to well below USD16,000.
www.ecb.europa.eu
More likely, however, it is an artificially induced last gasp before the road to irrelevance – and this was already foreseeable before FTX went bust and sent the bitcoin price to well below USD16,000.
Bitcoin’s last stand
The European Central Bank (ECB) is the central bank of the European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.
rctempire
ClioSport Moderator
Still levelled out. All is fine!!
This is 100% accumulation time!!
This is 100% accumulation time!!
Steve
ClioSport Club Member
ST3 8.5
Got any tokens in Binance
www.reuters.com
Binance withdrawals hit $1.9 bln in 24 hours, data firm says
Binance has registered $1.9 billion of withdrawals in the past 24 hours, blockchain data firm Nansen said on Tuesday, as the world's biggest crypto exchange said it had "temporarily paused" withdrawals of the USDC stablecoin.
Steve
ClioSport Club Member
ST3 8.5
For all those who have made something there are the losers, £1.5 Trillion wiped off market capitalisation this year 😳
Makes, 2008 banking crisis, Covid & the current situation look rosy!
Makes, 2008 banking crisis, Covid & the current situation look rosy!
Singapore's crypto ambitions shaken by FTX collapse
Users call for more regulation after state fund writes off investment in fallen cryptocurrency exchange.
www.bbc.co.uk
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