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Bitcoin Take? (https://chiefsplanet.com/BB/showthread.php?t=270065)

Sam Bankman Freid is the Elizabeth Holmes of Crypto

Bitcoin suffers one of the largest financial crashes in history. Fifth largest wipeout ever.

https://www.yahoo.com/finance/news/h...191954304.html

Quote:

Originally Posted by Halfcan (Post 16595928)

Bitcoin suffers one of the largest financial crashes in history. Fifth largest wipeout ever.

https://www.yahoo.com/finance/news/h...191954304.html

It has crashed many times before.

Bitcoin was 20k then went back down to like 3k (around 2018ish).

Quote:

Originally Posted by scho63 (Post 16593060)

Sam Bankman Freid is the Elizabeth Holmes of Crypto

This is becoming truer than I first imagined. Even someone on CNBC made the same analogy.

This guy will be hard to prosecute due to lax restrictions in Crypto.

Newest reports show misappropriation of funds, possibly outright theft.

Next big question: Who hacked the nearly half a billion dollars and is there deep political issues involved?

Really crazy shit

BTC soaring this morning

What's this all about?

https://youtu.be/cIONDwLxiac

3 Crypto billionaires have all died under strange circumstances.

Russia/China/Ukraine/US/FTX.

Something has gone bad

https://www.msn.com/en-us/news/world...RxF?li=BBnbfcL

Quote:

Originally Posted by scho63 (Post 16636625)

3 Crypto billionaires have all died under strange circumstances.

Russia/China/Ukraine/US/FTX.

Something has gone bad

https://www.msn.com/en-us/news/world...RxF?li=BBnbfcL

The one in Russia was forced to go fight in Ukraine and was killed by a drone.

The one in Ukraine died defending his country.

The one in China was executed for owning Bitcoin.

The one in the US had a heart attack when FTX went belly up.

All reasonable explanations. :thumb:

Quote:

Originally Posted by Hog's Gone Fishin (Post 16636853)

The Chinese govt appreciates your understanding. ; )

An important Fed ruling about Crypto exchanges. Your deposits are not yours, but owned by the exchange. Steve Lehto explains it well. Not even sure if wallets are safe.

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Is the yearly Moon run starting ??

Would be weary of the hype, any short term rally is likely a fake out for the majority of 23. Still plenty of room to go down with Powell and the fed snarling their teeth.

Markets are trying to fight the fed and call a bluff... think I got a hunch on which side wins here.

Quote:

Originally Posted by Iconic (Post 16732391)

The tsunami comes with inverse correlation.

Getting in at 1200 on Eth doesn't feel too bad right now

Quote:

Originally Posted by Shaid (Post 9916732634)

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Many thanks for the share!