Crypto Crazy

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Laura
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Re: Crypto Crazy

Post by Laura »

Bottom post of the previous page:

^ A real shocker :yawn:
Big investigation. Big distraction. Big fees.
What have I missed? Merch sales?
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Pixel8r
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Re: Crypto Crazy

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"Money is Gold, and nothing else"
(As John Pierpont Morgan once stated under oath before the USCongress and the Pujo Commission in 1912)
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Re: Crypto Crazy

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"Money is Gold, and nothing else"
(As John Pierpont Morgan once stated under oath before the USCongress and the Pujo Commission in 1912)
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Laura
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Re: Crypto Crazy

Post by Laura »

The poster I got it from swears it is baby girl Caroline Ellison
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"Human beings are poor examiners, subject to superstition, bias, prejudice and a profound tendency to see what they want to see rather than what is really there." - M. Scott Peck
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Re: Crypto Crazy

Post by Pixel8r »

"Money is Gold, and nothing else"
(As John Pierpont Morgan once stated under oath before the USCongress and the Pujo Commission in 1912)
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Pixel8r
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Re: Crypto Crazy

Post by Pixel8r »

"Money is Gold, and nothing else"
(As John Pierpont Morgan once stated under oath before the USCongress and the Pujo Commission in 1912)
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Laura
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Re: Crypto Crazy

Post by Laura »

Is Tether the largest scam of all?
Very long article. Keypoints:-
1) It dwarfs FTX, & it's never been audited, so no proof that it's a stablecoin @$1 each. It could be a printer to buy bitcoin.
2) Some extremely dodgy people have been involved from the start.

https://www.revolver.news/2022/11/sam-b ... ypto-bcci/

Tether. FTX on Steroids?
"Human beings are poor examiners, subject to superstition, bias, prejudice and a profound tendency to see what they want to see rather than what is really there." - M. Scott Peck
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Pixel8r
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Re: Crypto Crazy

Post by Pixel8r »

Laura wrote: Mon Nov 21, 2022 7:54 am Is Tether the largest scam of all?
Very long article. Keypoints:-
1) It dwarfs FTX, & it's never been audited, so no proof that it's a stablecoin @$1 each. It could be a printer to buy bitcoin.
2) Some extremely dodgy people have been involved from the start.
Yes, look at the beginning of this thread. Tether was printed to drive the meteoric rise in BTC, there has never been any proof that there is any backing for the tether printed.

Having lived through many financial scams I have never trusted this crypto explosion. FTX has shown the world how crooked and manipulatable the whole thing is. The general idea is good but the controllers are not going to let a good idea get any traction, they are going to play it as they have all other markets. They will bring it all crashing down when the timing is right for them.

It all reminds me very much of the tech bubble of 2000, just having a domain name and an idea meant you were worth billions.
"Money is Gold, and nothing else"
(As John Pierpont Morgan once stated under oath before the USCongress and the Pujo Commission in 1912)
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Re: Crypto Crazy

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"Money is Gold, and nothing else"
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Re: Crypto Crazy

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"Money is Gold, and nothing else"
(As John Pierpont Morgan once stated under oath before the USCongress and the Pujo Commission in 1912)
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Pixel8r
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Re: Crypto Crazy

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"Money is Gold, and nothing else"
(As John Pierpont Morgan once stated under oath before the USCongress and the Pujo Commission in 1912)
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