ChartBuddy
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Activity: 2254
Merit: 1782
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 09, 2022, 08:01:16 AM |
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Rahul09
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Activity: 110
Merit: 11
Rex Coin
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November 09, 2022, 08:13:43 AM |
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somac.
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Activity: 2101
Merit: 1233
Never selling
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November 09, 2022, 08:15:05 AM |
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Got to admit I'm getting a bit sick of these dramas in the "crypto space" and their effect on BTC. FTX may have been wiped out but my concern is Alameda hasn't completely liquidated yet, and then whoever else lent to them and so on. I'm hoping for a bottom and that things have already been cleaned out, but, I will not be surprised if this drama is not over yet.
How anybody could still support anything other than BTC right now is beyond me.
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ChartBuddy
Legendary
Online
Activity: 2254
Merit: 1782
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 09, 2022, 09:01:20 AM |
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LFC_Bitcoin
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Activity: 3612
Merit: 10027
#1 VIP Crypto Casino
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November 09, 2022, 09:55:58 AM |
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Got to admit I'm getting a bit sick of these dramas in the "crypto space" and their effect on BTC. FTX may have been wiped out but my concern is Alameda hasn't completely liquidated yet, and then whoever else lent to them and so on. I'm hoping for a bottom and that things have already been cleaned out, but, I will not be surprised if this drama is not over yet.
How anybody could still support anything other than BTC right now is beyond me.
Contagion is yet to play out, you’re right in suggesting a potential domino effect. I have a stack of fiat waiting. I still think this goes lower. Who or what entity is next to get REKT? What odds on it being Saylor?
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BobLawblaw
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Activity: 1853
Merit: 5620
Neighborhood Shenanigans Dispenser
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November 09, 2022, 09:57:34 AM |
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Oh grief...
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ChartBuddy
Legendary
Online
Activity: 2254
Merit: 1782
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 09, 2022, 10:01:16 AM |
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somac.
Legendary
Offline
Activity: 2101
Merit: 1233
Never selling
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Got to admit I'm getting a bit sick of these dramas in the "crypto space" and their effect on BTC. FTX may have been wiped out but my concern is Alameda hasn't completely liquidated yet, and then whoever else lent to them and so on. I'm hoping for a bottom and that things have already been cleaned out, but, I will not be surprised if this drama is not over yet.
How anybody could still support anything other than BTC right now is beyond me.
Contagion is yet to play out, you’re right in suggesting a potential domino effect. I have a stack of fiat waiting. I still think this goes lower. Who or what entity is next to get REKT? What odds on it being Saylor? I won't rule Saylor out as a possibility, he was buying way too much on the way up. But, apparently he's all good till the 3k level. Or so he says.
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philipma1957
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Activity: 4200
Merit: 8279
'The right to privacy matters'
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November 09, 2022, 10:06:08 AM |
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do we go under 17k?
I got a piece at 17.7 today
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somac.
Legendary
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Activity: 2101
Merit: 1233
Never selling
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November 09, 2022, 10:07:32 AM |
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do we go under 17k?
I got a piece at 17.7 today
I'm sure we're about to hear about more actors going bankrupt soon, so most likely. Too bad they all seem to own BTC despite hating on it at every turn.
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BitcoinBunny
Legendary
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Activity: 1540
Merit: 2709
Far, Far, Far Right Thug
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November 09, 2022, 10:08:13 AM |
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Got to admit I'm getting a bit sick of these dramas in the "crypto space" and their effect on BTC. FTX may have been wiped out but my concern is Alameda hasn't completely liquidated yet, and then whoever else lent to them and so on. I'm hoping for a bottom and that things have already been cleaned out, but, I will not be surprised if this drama is not over yet.
How anybody could still support anything other than BTC right now is beyond me.
Stockholm syndrome. No matter how much people get fucked by fiat, big business or by their politicians people still go along with the same old mostly.
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somac.
Legendary
Offline
Activity: 2101
Merit: 1233
Never selling
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November 09, 2022, 10:22:57 AM |
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Got to admit I'm getting a bit sick of these dramas in the "crypto space" and their effect on BTC. FTX may have been wiped out but my concern is Alameda hasn't completely liquidated yet, and then whoever else lent to them and so on. I'm hoping for a bottom and that things have already been cleaned out, but, I will not be surprised if this drama is not over yet.
How anybody could still support anything other than BTC right now is beyond me.
Stockholm syndrome. No matter how much people get fucked by fiat, big business or by their politicians people still go along with the same old mostly. You know what that means though. Means we're all fucked. Nothing ever changes I guess.
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BitcoinBunny
Legendary
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Activity: 1540
Merit: 2709
Far, Far, Far Right Thug
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November 09, 2022, 10:44:26 AM |
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Got to admit I'm getting a bit sick of these dramas in the "crypto space" and their effect on BTC. FTX may have been wiped out but my concern is Alameda hasn't completely liquidated yet, and then whoever else lent to them and so on. I'm hoping for a bottom and that things have already been cleaned out, but, I will not be surprised if this drama is not over yet.
How anybody could still support anything other than BTC right now is beyond me.
Stockholm syndrome. No matter how much people get fucked by fiat, big business or by their politicians people still go along with the same old mostly. You know what that means though. Means we're all fucked. Nothing ever changes I guess. James Spader said it best in the Office; there is only sex. https://www.youtube.com/watch?v=qDAh8JhUOl8&ab_channel=TheOffice
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BitcoinBunny
Legendary
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Activity: 1540
Merit: 2709
Far, Far, Far Right Thug
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November 09, 2022, 10:59:35 AM |
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Ouch Solana, Dogecoin and all the other shit. Don't listen to these imbeciles. They know nothing! And promise a load of shit! Solana literally dipped below the low of its first hype pushed by InvestAnswers 1 1/2 years ago. There is only Bitcoin.
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ChartBuddy
Legendary
Online
Activity: 2254
Merit: 1782
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 09, 2022, 11:01:17 AM |
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vroom
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Activity: 1304
Merit: 1682
a Cray can run an endless loop in under 4 hours
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November 09, 2022, 11:55:50 AM |
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I don't want to comment on the Fed decisions, but the meta mass layoffs are self-inflicted. Facebook has no future and this meta VR crap looks worse than second life from 20 years ago. They think that they are working on a new internet but nobody wants to wear stupid glasses to read mails or surf the web.
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ChartBuddy
Legendary
Online
Activity: 2254
Merit: 1782
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 09, 2022, 12:01:22 PM |
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Torque
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Activity: 3640
Merit: 5188
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November 09, 2022, 12:22:25 PM |
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I don't want to comment on the Fed decisions, but the meta mass layoffs are self-inflicted. Facebook has no future and this meta VR crap looks worse than second life from 20 years ago. They think that they are working on a new internet but nobody wants to wear stupid glasses to read mails or surf the web. While that all may be true, and I agree with you about the VR crap. However: If Facebook's ad revenue wasn't completely cratering, their data selling business wasn't cratering, and they were still able to borrow money at cheap Fed rates (0-1%), then they wouldn't be laying off 11,000 employees. They would be keeping them. Let's face it, none of these social media companies were actually making money. They were subsidizing their own existence with cheap debt. Just like the majority of companies out there.
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