Y'know, I see all this crypto markets and specifically digital wallets as being the same as having all of your money in some tax haven somewhere in the world, but, someone can just withdrawn their money from the same bank and for some reason that makes your money worthless. If you own crypto currencies, in large amounts, the susceptibility of someone just being terrified of their multi-billon/million/trillion suddenly dropping in value to zero. If that is the case, I kinda get it, and I therefore must be honest in saying that if I had large quantities of money in crypto, I would be looking to cash out at the earliest opportunity, before someone else does the same and make my billions/millions/trillions become nothing. It is just not worth the hassle, so, if you want to 'invest' in something, invest in your own company that you own in part or full - or, perhaps leave the company you work for and put your savings into your own company. Maybe a tech website Just an armchair opinion on the side.
NVIDIA says cryptocurrencies add nothing to the society A bit ironic that NVidia made a killing because of the mining boom, but now denounces it. Still, it's good to see such a big company calling mining for what it really is.
Fallen 'Crypto King' Who Owes Millions to Investors Was Kidnapped and Tortured. Aiden Pleterski led a lavish lifestyle and owned McLaren sports cars and a Lamborghini — and even rented a plush waterfront home for $45,000 a month. He had promised his investors healthy returns of 7%, but it all came crashing down and he ended up filing for bankruptcy. It's believed Pleterski, who was 23 when his company went under, was abducted by disgruntled creditors... Complete Story and source - https://www.yahoo.com/finance/news/fallen-crypto-king-owes-millions-125024421.html
All just a step to fully digital currency is all it is. The wild west phase, "jokers" chaos agents being made to "order". Who knows who these people really are and the looting was just funneled upwards no doubt similar to the bailouts of themselves by their salespeople in various offices. Similar to a post 08 interview of one of the red shields who said the answer was regulation, their regulation to fix the problems they introduced, sheesh, old game. Then w all digital someone(AI) hundreds thousands of miles away can edit your "energy-money" to account for infractions, inflation, itemized deductions etc No more inflation just push a button, if you are "bad" you get deducted for it etc
Yep, another proof that there are a lot of stupid people with a lot of money to spend ("invest"). And btw. even Coinbase is under SEC investigation... again. That crypto just keeps on giving doesn't it
If the money's gone, wouldn't it be his best way to actually show all the numbers and be done with it? But that's probably only lies anway. Have fun going into this as a "20-something-year-old kid" and coming out of prison as a 40-something year old, poor schmock with no job experience that noboy hires. If those crypto bros would only show the least bit of understanding what they did, but oddly enough, none of them does. They should actually be put under guardianship with no own legal power e.g. they can't do legal binding contracts, and they can't control their own money.
All is not well in the crypto heartland. Bitcoin is experiencing an anomaly where a decline in active addresses is perversely aligning with increased network congestion. And now the ensuing volatility quakes seem to have hit Binance hard, with the world's largest crypto exchange recording its largest-ever Bitcoin outflow over the past few hours... Complete story and source - https://wccftech.com/binance-record...-tokens-attracts-a-wave-of-dust-transactions/
Yeah, the next days will be interesting. Been noticing lots of alarming posts on twitter today... and not just from the usual FUDers.
Bitcoin doubles and crickets from the crowd,bitcoin goes down a couple thousand and post start back up interesting. Maybe it is time to let the governments just put there digital currency out there,like some are doing and just agree with the government and hope they do not shut you down. We all know there is no corruption with fiat and government lol.
Bitcoin Is Likely To Take a Significant Leg Downwards as the Crypto Sector Becomes a Punching Bag in the Ongoing US Debt Ceiling Drama. Throughout much of the malaise that the risky asset universe suffered last year, Bitcoin bulls had pinned their hopes on a broad-based rally in US equities to offer deliverance from the bear market purgatory. However, even though the Nasdaq 100 index continues to soar, egged on by the AI-related euphoria that has captured the imagination of investors, Bitcoin is lagging far behind. To further aggravate matters, with the world’s largest cryptocurrency by market capitalization now becoming a punching bag for policymakers in Washington DC, the chances of a significant downward price correction have increased materially. " Bitcoin’s correlation with the S&P 500 index has utterly collapsed, with just around 20 percent of the premier cryptocurrency’s price moves explained by the corresponding moves in the S&P 500 index. " Source and complete story - https://wccftech.com/bitcoin-is-lik...ing-bag-in-the-ongoing-us-debt-ceiling-drama/
