shahzadafzal
Copper Member
Legendary
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Activity: 1666
Merit: 3008
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July 14, 2022, 10:26:24 AM |
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ChartBuddy
Legendary
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Activity: 2296
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 14, 2022, 11:01:21 AM |
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cAPSLOCK
Legendary
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Activity: 3766
Merit: 5146
Whimsical Pants
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July 14, 2022, 11:43:01 AM |
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Chamath tries to explain things. Sounds a bit douche-baggy, but maybe it's just my view. https://www.youtube.com/watch?v=9u5q7nDPbJYReminder: he is the dude who pushed the SPAC s-t onfolks. Yet, some of his points are, perhaps, valid, as far as the mechanics is concerned. Still, I don't get why he puts it on bitcoin when most (or at least a large part) of those dealings were in eth. People did not read the contracts they were signing (while going ga-ga for "yield"). IMHO, insolvencies here are just the start. Wait until all those highly leveraged financial companies start to "pop" when IR approach 5%. 1. I disclose first I do not like Chamath, and I do not support most of his fundamental positions. 2. His reasoning on top of those positions is impeccable. 3. He believes the state needs to protect stupid retail. Specifically by banning them from doing things. 4. He believes only people like him should be able to do certain things with money. 5. He conflates things like Terra and Three arrows and Binance with Bitcoin. WE have been shouting from the rooftops for 10 years that THESE THINGS ARE NOT BITCOIN. Bitcoin does not need regulation, and CANNOT BE REGULATED. Companies that trade in the dark and "off chain" can, and probably SHOULD be regulated. That Celsius douche was such a obvious conman from the beginning. As are many of the exchange owners. My main problem with this video is he conflates all the fortune tellers, grifters and scammers with Bitcoin. What they are "arbing" is the ignorance of people as to what Bitcoin actually is and why it is important to take custody of your own asset. It is a DIGITAL BEARER ASSET. And he who bears it... OWNS it. I made most of my Bitcoin playing poker starting in 2011. Even back then I was NEVER LEAVING MY COINS ON THOSE SITES. I also never left my coins on exchanges. I trust Bitstamp, or Kraken or Binance EXACTLY as much as I trust TradeOgre. Yes. "Third layer" trusted companies BADLY need to be regulated. Or avoided... One or the other.
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cAPSLOCK
Legendary
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Activity: 3766
Merit: 5146
Whimsical Pants
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July 14, 2022, 11:46:06 AM |
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Chamath tries to explain things. Sounds a bit douche-baggy, but maybe it's just my view. https://www.youtube.com/watch?v=9u5q7nDPbJYReminder: he is the dude who pushed the SPAC s-t onfolks. Yet, some of his points are, perhaps, valid, as far as the mechanics is concerned. Still, I don't get why he puts it on bitcoin when most (or at least a large part) of those dealings were in eth. People did not read the contracts they were signing (while going ga-ga for "yield"). IMHO, insolvencies here are just the start. Wait until all those highly leveraged financial companies start to "pop" when IR approach 5%. Retard explaining to bigger retards. Way better than my post.
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ChartBuddy
Legendary
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Activity: 2296
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 14, 2022, 12:04:59 PM |
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Bushdark
Sr. Member
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Activity: 994
Merit: 262
Vave.com - Crypto Casino
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Bushes The rate of inflation now is alarming Proudly Bitcoin holder 😘
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Ramiza
Jr. Member
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Activity: 34
Merit: 3
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July 14, 2022, 12:09:51 PM |
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Dabs
Legendary
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Activity: 3416
Merit: 1912
The Concierge of Crypto
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July 14, 2022, 01:01:24 PM |
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Observing. Going up. Going down. Enjoy the ride either way.
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ChartBuddy
Legendary
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Activity: 2296
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 14, 2022, 01:03:28 PM |
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galambo
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July 14, 2022, 01:12:23 PM |
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That doesn't mean the end of Celsius, chapter 11 is to prevent bankruptcy and allow the company to restructure. " A provision of the U.S. bankruptcy law which enables a failing firm to apply to the courts for protection against all creditors while it is reorganized to pay its debts. This provision enables a firm to avoid being closed down by any single creditor and gives investors a chance to decide whether the firm can again be made profitable" source
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AlcoHoDL
Legendary
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Activity: 2492
Merit: 4593
Addicted to HoDLing!
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Celsius...
Suggestion for the next poll:
Have you ever transferred (some of) your BTC to Celsius?
1. Yes, my entire stash. 2. Yes, a percentage of my stash. 3. NO! Not your keys, not your coins!
Anonymous poll.
I wonder what the result would be...
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BitcoinBunny
Legendary
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Activity: 1540
Merit: 2766
Far, Far, Far Right Thug
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July 14, 2022, 01:17:06 PM |
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Celsius...
Suggestion for the next poll:
Have you ever transferred (some of) your BTC to Celsius?
1. Yes, my entire stash. 2. Yes, a percentage of my stash. 3. NO! Not your keys, not your coins!
Anonymous poll.
I wonder what the result would be...
Well there was at least one douchebag peddling that shitty company here in WO over the last 18 months. Either that person got rekt or was an inside shill. So option 1. in your poll should have at least one upvote or that person has either left WO for good / can't access it because they are behind bars or is a completely dishonest fuckface.
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Queentoshi
Sr. Member
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Activity: 868
Merit: 327
Hire Bitcointalk Camp. Manager @ r7promotions.com
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July 14, 2022, 01:40:47 PM |
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Sure feels like a comfortable hot water bath right now for the normies, it gets hotter after the water in the tub has dried up. Even bitcoin hodlers will feel the effect of the heat, but because we are not in the dried tub, we may only sweat but not get burnt.
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AlcoHoDL
Legendary
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Activity: 2492
Merit: 4593
Addicted to HoDLing!
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July 14, 2022, 01:55:42 PM Merited by JayJuanGee (1) |
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Celsius...
Suggestion for the next poll:
Have you ever transferred (some of) your BTC to Celsius?
1. Yes, my entire stash. 2. Yes, a percentage of my stash. 3. NO! Not your keys, not your coins!
Anonymous poll.
I wonder what the result would be...
Well there was at least one douchebag peddling that shitty company here in WO over the last 18 months. Either that person got rekt or was an inside shill. So option 1. in your poll should have at least one upvote or that person has either left WO for good / can't access it because they are behind bars or is a completely dishonest fuckface. Yes, I do remember someone mentioning Celsius and a couple of other similar-type sites. Can't remember who it was, and the forum's search engine is not so good in finding old posts. I also remember some of us giving the usual "not your keys..." reply. I hope s/he listened to us. I wonder... Bitcoin itself offers huge gains, if one is willing to wait for a while. How greedy can one get, to not be satisfied by this, and to want even more gains, at the risk of losing it all? Greed squared?
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ChartBuddy
Legendary
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Activity: 2296
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 14, 2022, 02:04:54 PM |
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BitcoinBunny
Legendary
Offline
Activity: 1540
Merit: 2766
Far, Far, Far Right Thug
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July 14, 2022, 02:14:36 PM Merited by JayJuanGee (1) |
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Celsius...
Suggestion for the next poll:
Have you ever transferred (some of) your BTC to Celsius?
1. Yes, my entire stash. 2. Yes, a percentage of my stash. 3. NO! Not your keys, not your coins!
Anonymous poll.
I wonder what the result would be...
Well there was at least one douchebag peddling that shitty company here in WO over the last 18 months. Either that person got rekt or was an inside shill. So option 1. in your poll should have at least one upvote or that person has either left WO for good / can't access it because they are behind bars or is a completely dishonest fuckface. Yes, I do remember someone mentioning Celsius and a couple of other similar-type sites. Can't remember who it was, and the forum's search engine is not so good in finding old posts. I also remember some of us giving the usual "not your keys..." reply. I hope s/he listened to us. I wonder... Bitcoin itself offers huge gains, if one is willing to wait for a while. How greedy can one get, to not be satisfied by this, and to want even more gains, at the risk of losing it all? Greed squared? Absolutely. Could be a shiller with another shiller pretend asking questions etc. It would be easily done here. But some, even a lurker, could have gotten duped. Too much greed will get you rekt absolutely. Watched a movie called War Dogs the other day. Based on a true story. Two guys (played by Jonah Hill and Miles Teller) making money selling cheap weapons to fulfil government contracts. They were suppossedly going to make $30 million from supplying 100 million AK47 bullets for a US military contract. They found their supplier gave them terrible cheap Chinese made bullets so they got some group of Albanians to change the packaging. That was going to cost $100,000. The man arms dealer didn't pay them and didn't pay his buddy's 1/3 profit and that is how it ended for him, 4 years in prison. Personally I would have kept the buddy happy and paid the Albanians at least double and said "No questions asked", bagged the $20 million profit and probably fled to a non extradition country such as Russia. Put a few million into BTC when that came along and Bob's your uncle (or should I say: Vlad is your uncle). What an imbecile.
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Lucius
Legendary
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Activity: 3360
Merit: 6049
Crypto Swap Exchange🈺
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July 14, 2022, 02:15:51 PM |
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This painting could fetch a good price at auction, paying in Bitcoin of course
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Hamza2424
Legendary
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Activity: 1092
Merit: 1100
🇵🇰 Pakistan
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July 14, 2022, 02:18:29 PM |
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Chart Buddy Please give some good news I'm expecting good News coming week because I'm pretty sure about the Death end i think bottom is coming up next week so i will make buying there still i have some small Limit orders 18.5k 18k 17.5k 50$ each according to me 17.5k will be bottom may be lets see for now I'm happy about those who made buying at 69K So let's give relief to their souls
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