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The Coz
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This 'Cryptoqueen' scammed investors out of $4 billion, the FBI says. Then she boarded a plane and disappeared

https://www.cnn.com/2023/01/22/business/ruja-ignatova-cryptoqueen-fbi-most-wanted-cec/index.html

Quote :
"Authorities say OneCoin was a pyramid scheme that defrauded people out of more than $4 billion as Ignatova convinced investors in the US and around the globe to throw fistfuls of cash at her company. Federal prosecutors describe OneCoin as one of the largest international fraud schemes ever perpetrated.
. . .
'In fact, OneCoins were entirely worthless … (Their) lies were designed with one goal, to get everyday people all over the world to part with their hard-earned money.'"

LOLOLOL!

1/22/2023 6:07:15 AM

The Coz
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Warren Buffett calls bitcoin a 'gambling token' with no intrinsic value

https://markets.businessinsider.com/news/currencies/warren-buffett-bitcoin-gambling-token-crypto-market-outlook-berkshire-hathaway-2023-4?amp

Quote :
"The Berkshire Hathaway chairman and CEO ratcheted up his fiery crypto commentary, describing investing in digital assets as akin to spending time at a casino.

"It doesn't have any value, but that doesn't stop people from wanting to play a roulette wheel," the 92 year old told CNBC in an interview.

. . .

"[You could] spend the rest of your life spinning around the roulette wheel because they feature the winners and people get excited about it," Buffett said. "[But] that's why the slot machines make a lot of noise without paying out."

People have an instinct to gamble, Buffett says, which causes investors to flock to crypto. He said allocating to the asset class simply "eats up your money.""

4/23/2023 8:50:33 AM

HaLo
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SBF fucked around and found out

8/12/2023 12:33:51 AM

HaLo
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Guilty fucker

11/2/2023 8:13:15 PM

CaelNCSU
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#freeross

11/5/2024 11:22:26 PM

afripino
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sheesh

11/6/2024 9:22:42 AM

aaronburro
Sup, B
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HODL!!!!

11/12/2024 7:18:39 PM

TreeTwista10
RemLezarkSpain
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i bought some coin called DEGEN. it had big gains the last couple days on Coinbase. Maybe can make a little loot off some random shitcoin.

11/12/2024 8:32:47 PM

TreeTwista10
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hit $95k today

11/20/2024 8:22:46 PM

afripino
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99K today

11/21/2024 4:18:41 PM

The Coz
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At least Nvidia actually makes something of value.

If you are impressed with the price of BTC, you need to check out this hot new investment with ticker BRK-A!

11/21/2024 5:24:09 PM

justinh524
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Quote :
"#freeross"


Nah fuck that guy

11/21/2024 10:06:55 PM

CaelNCSU
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^ he got more time than El Chapo and hitman stuff was proven to be fabricated.

Why?!

11/26/2024 6:47:23 AM

aaronburro
Sup, B
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Cause you don't fuck with the finance guys

11/26/2024 1:04:10 PM

The Coz
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Crypto entrepreneur eats banana artwork bought for $6.2m

https://www.bbc.com/news/articles/cqj051glrr9o

If crypto hasn't already jumped the shark, I don't know what else you call this.

11/29/2024 1:45:43 PM

aaronburro
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Mofo paid 15cents for the banana

11/30/2024 1:42:36 PM

emnsk
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I'm gonna open a crypto wallet

I've been out of the know for a few years I need to get my act together

12/1/2024 11:50:08 AM

The Coz
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Good luck to you, future bag holder.

12/1/2024 8:54:14 PM

CaelNCSU
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Apparently there is a good setup with shorting MSTR and/or MARA to hedge. Could probably come up with something using the ETFs. Anyone looked into it?

12/2/2024 11:18:21 AM

emnsk
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^^
not for like investments

there is some cool stuff you can do with crypto, it's worth having at least a wallet open to be able to play around with try new things

[Edited on December 2, 2024 at 11:43 AM. Reason : 1]

12/2/2024 11:43:04 AM

CaelNCSU
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Polymarket has been fun.

12/2/2024 1:09:08 PM

CaelNCSU
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https://jup.ag/perps/short/SOL-SOL

Solana based decentralized exchange does "Perpetuals" and Coinbase does futures contracts. I thought for some reason the Coinbase BTC based ones were not for US customers but apparently they allow it.

12/3/2024 8:00:24 AM

TreeTwista10
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nearly hit $104k

12/4/2024 10:29:03 PM

StTexan
Not AI!
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Even if I had bought when it was like $30, I would have sold by like $2000 probably

I wonder what would happen if all the sudden it went back to like $50

12/4/2024 11:18:35 PM

TreeTwista10
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The window to make 1000x your investment on BTC is long past. But the new administration seems to be bullish on crypto in general, so there are plenty of other coins that could yield some decent results. I'm no crypto bro, but I think a few coins that will have good gains, while also not being ultra-volatile meme coins that could easily tank, are ADA, XRP, LINK and XLM.

12/4/2024 11:37:46 PM

CaelNCSU
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I'm up to about 10% USD value of my crypto portfolio shitcoin. Mainly SOL and it's all staked. I dumped all my Eth because it still cost a fortune to use after the proof of stake switch.

Just did my ceremonial top buy for Bitcoin. Cost basis is still under $20k. I sold my last two BTC miners for < $100 when it was still at $60k. Each miner was making 0.005 every 3 months for a cost of about $180 in power each. I cashed out just under what I paid for them in BTC. Had to repair them frequently and parts are impossible to get in times of demand. My Ranger is now worth $300K. HODL.

12/5/2024 12:35:36 AM

TreeTwista10
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One of y'all should make a TWW memecoin. I'll be here to get rugged.

https://www.youtube.com/watch?v=1FZemrMQZdQ

12/7/2024 2:50:20 AM

CaelNCSU
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Think of the 10s of dollars.we could lose when it's rugged

12/7/2024 9:19:30 AM

The Coz
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I vote for BubbleBobble to do it as a means to escape his horrible job. Can also use marko's wolf as the logo without permission or attribution, because that's how we roll in the lawless world of crypto.

12/7/2024 9:22:54 AM

StTexan
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Is a bitcoin and an nft kinda the same thing?

12/7/2024 9:29:03 PM

TreeTwista10
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Bitcoin is a lot more likely to hold value

12/7/2024 10:46:39 PM

The Coz
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But both ARE effectively speculative scams.

12/7/2024 11:07:53 PM

CaelNCSU
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Quote :
"On the other hand, if people chose to store their wealth in an easy money, with a low stock-to-flow ratio, it would be trivial for the producers of this good to create very large quantities of it that depress the price, devaluing the good, expropriating the wealth of the savers, and destroying the good's salability across time.

Call it the easy money trap: anything used as a store of value will have its supply increased, and anything whose supply can be easily increased will destroy the wealth of those who used it as a store of value."


Bitcoin referenced the bank bailouts in the first block of Bitcoin produced. It's hard money, arguably harder than gold since you can produce more gold (or find a shitload on an asteroid). After the money printing of the last 16 years, particularly during Covid, it's financial suicide not to store some wealth in Bitcoin.

Think of an NFT like drawing a picture of a dick on a dollar and giving it to someone.

12/8/2024 7:17:24 AM

The Coz
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Quote :
"it's financial suicide not to store some wealth in Bitcoin."

Rest in piss, The Coz

12/8/2024 8:42:31 AM

CaelNCSU
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Rest in Govcoin going parabolic and hamburgers costing $1000 https://fred.stlouisfed.org/series/WM2NS

12/8/2024 9:42:14 AM

The Coz
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Now show it on a logarithmic scale.

Sorry if I don't believe that digital Ponzi schemes are going to save me any more than lumps of metal are during times of social and economic crisis.

12/8/2024 11:03:49 AM

The Coz
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Also, McDonald's hamberders cost 15 cents in 1948. We're on track for ~100x in 100 years. So, yes, early next century, we probably can look forward to $1,000 berders (or 0.01 BTC if you can still access your crypto wallet).

12/8/2024 11:46:55 AM

StTexan
Not AI!
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Speaking of metals, i got like 20 1-oz silver coins i need to get rid of

12/8/2024 11:49:53 AM

TreeTwista10
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Missed out on the Luigi memecoin today

12/9/2024 5:46:43 PM

The Coz
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12/9/2024 7:46:06 PM

TreeTwista10
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It had like a 200,000% return over 4-5 hours. Not a bad bag.

https://dexscreener.com/solana/awcxgpmbgvhyzgwe4refstfodghhrha12fhyjqbvqeul

12/9/2024 9:58:18 PM

The Coz
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Definitely based on fundamentals.

12/10/2024 9:29:02 AM

CaelNCSU
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Cramer said to buy so it's probably fucked.

12/20/2024 8:25:03 AM

The Coz
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LOL!

2/5/2026 5:06:12 PM

0EPII1
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Anybody here getting these?

https://www.geckoterminal.com/category/world-cup-coins

I am already up a lot, but the WC hasn't even started yet. Will take out my capital when I reach 2x (probably in the next 2-3 days).

I should have gotten in earlier when I came to know them 2-3 weeks ago. If I had, I would be sitting at like 3x now.

Oh well, I will be ready early at the Olympics and then the WC after that, and then repeat every 2 years ad infinitum!

My goal for the next one would be turn 10k into 50-100k.

6/8/2026 5:44:13 AM

TreeTwista10
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Already up a lot but less than 2x?

6/8/2026 1:33:10 PM

0EPII1
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I reached 2x last night on the main WC coin (4.5k to 9k), but not yet on the country coins.

This is the official site, BTW:

https://www.worldcuponpump.com

These two links could be useful for anybody holding the country coins:

https://www.espn.com/soccer/story/_/id/48962628/world-cup-predictions-picking-winner-every-game-entire-tournament

https://theanalyst.com/articles/who-will-win-2026-fifa-world-cup-predictions-opta-supercomputer

6/9/2026 7:30:28 AM

The Coz
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At least they are being transparent to anyone with a brain by naming the site pump.fun

Pump and dump for sure.

Bitcoin has been doing great lately, by the way.

6/9/2026 8:42:40 AM

qntmfred
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fwiw
https://twitter.com/drakefjustin/status/2107837081313505768 (who?)

Quote :
"Today I call upon the blockchain industry to calmly begin planning for "bunker mode". My personal recommendation is to set in motion a controlled mass migration of assets to fresh addresses, i.e. addresses whose pubkeys remain hidden behind a hash.

Holders, starting with large and sophisticated ones, should consider moving the bulk of their funds to addresses that have never signed a transaction. And when they do sign one, they should also move remaining funds to a new address (possibly generated from the same seed phrase).

Don't rush. While I believe there is cause for action a rushed migration would do more harm than good. Don't panic either. Moving assets to protected addresses is a simple, preventative step which does not require new cryptography or new wallets.

IMO it is now reasonable to brace for the possibility that ECDSA breaks before qday, in the worst case in months not years. By "break" I mean fast private key recovery (e.g. in one week) on available hardware (e.g. a large GPU cluster).

Recent days have been humbling for human mathematical intuition. Long-held, unquestioned hypotheses have fallen. This includes the n log(n) bound for integer multiplication and the 3SUM conjecture. In hindsight, May's unexpected disproof of the Erdos unit distance conjecture was our warning shot.

Yesterday's OpenAI drop made it clear that mathematical superintelligence is upon us. They say there are weeks where decades happen. We are about to live through weeks where centuries of mathematical progress happen. Could our magic 64-byte ECDSA signatures be too good to be true? Was it just security through obscurity all this time?

Elliptic curves feel especially vulnerable to superintelligence. Curves carry rich structure, with room for fancy tricks like Schoof, Frobenius, pairings. (By contrast, hashes are designed to minimise algebraic structure.)

Separately, as Ewin Tang can attest, an efficient quantum algorithm sometimes foreshadows an efficient classical one. We should be open to the possibility of a classical counterpart to Shor that breaks elliptic curves and RSA at once.

Also noteworthy is the striking under-representation of cryptographic breakthroughs among the 722 mathematical results OpenAI published. I've witnessed first-hand the US government censoring academic quantum cryptanalysis results. Backroom interventionism is my base case.

I urge large, sophisticated actors to lead by example. Project11's "risq list" (bitcoin-risq-list.projecteleven[.]com) is a great tracker of exposed BTC pubkeys. Binance, Bitbank, Robinhood, Bitfinex, and Tether have an opportunity to harden their cold storage. Next month I'll address institutions in London in a live Q&A (forum.ethereuminstitutional[.]org/london-2026).

Again, please do not rush. Wallets holding under 50 BTC enjoy partial cover from "Satoshi's shield", i.e. his 20K exposed addresses that hold 50 BTC each. Load-bearing signers like oracles and L2 security councils should consider rotating ECDSA pubkeys with every signed message and/or multi-signing with a hash-based schemes like SPHINCS.

Exiting bunker mode safely will require post-AI cryptography. My inclination is to go all-in on hash-based cryptography and avoid structured mathematical assumptions entirely, whether from curves, lattices, or isogenies. A single battle-tested hash (e.g. from the SHA or BLAKE families) yields plausible post-AI security.

The Ethereum roadmap on strawmap[.]org fully embraces hash-based cryptography with end-to-end formal verification as a response to the quantum threat. Those timelines must now be revisited and accelerated in light of mathematical superintelligence. I'll be pushing for maximum defensive acceleration."


[Edited on October 7, 2026 at 11:50 PM. Reason : see y'all in 2027]

10/7/2026 11:35:11 PM

The Coz
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Quote :
"superintelligence"

-1 credibility

Quote :
"the quantum threat"

10/8/2026 5:22:23 AM

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