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

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

SBF fucked around and found out

8/12/2023 12:33:51 AM

Guilty fucker

11/2/2023 8:13:15 PM

#freeross

11/5/2024 11:22:26 PM

sheesh

11/6/2024 9:22:42 AM

HODL!!!!

11/12/2024 7:18:39 PM

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

hit $95k today

11/20/2024 8:22:46 PM

99K today

11/21/2024 4:18:41 PM

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

Quote :

"#freeross"

Nah fuck that guy

11/21/2024 10:06:55 PM

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

Why?!

11/26/2024 6:47:23 AM

Cause you don't fuck with the finance guys

11/26/2024 1:04:10 PM

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

Mofo paid 15cents for the banana

11/30/2024 1:42:36 PM

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

Good luck to you, future bag holder.

12/1/2024 8:54:14 PM

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

^^
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

Polymarket has been fun.

12/2/2024 1:09:08 PM

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

nearly hit $104k

12/4/2024 10:29:03 PM

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

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

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

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

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

12/7/2024 9:19:30 AM

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

Is a bitcoin and an nft kinda the same thing?

12/7/2024 9:29:03 PM

Bitcoin is a lot more likely to hold value

12/7/2024 10:46:39 PM

But both ARE effectively speculative scams.

12/7/2024 11:07:53 PM

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

Quote :

"it's financial suicide not to store some wealth in Bitcoin."

Rest in piss, The Coz

12/8/2024 8:42:31 AM

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

12/8/2024 9:42:14 AM

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

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

Speaking of metals, i got like 20 1-oz silver coins i need to get rid of

12/8/2024 11:49:53 AM

Missed out on the Luigi memecoin today

12/9/2024 5:46:43 PM

12/9/2024 7:46:06 PM

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

Definitely based on fundamentals.

12/10/2024 9:29:02 AM

Cramer said to buy so it's probably fucked.

12/20/2024 8:25:03 AM