Message from @JackH670
Discord ID: 687752015929278662
<:pepelaugh:544857300179877898>
"well crypto is now tainted
the USD derivatives have made crypto look as toxic as the USD" - they moved massive amounts of capital into the sphere and back out when they established futures trading
instead of being independant of fiat USD, it became coupled to it
just give it up guys, you can't destroy the USD
the mass exodus is triggered by the large invesstment firms of normie money leaving the speculation
cause they don't have money to throw around anymore
So what you're saying is: all it takes is one exceedingly wealthy individual or company to completely destroy a crypto currency by first buying up massive quantities of that currency and then firesale:ing it all just as quick? 🤔
BTC will dip and rebound
I understand the words but it never made any sense to me :p
My sister called from a shop:
horrible beeping in the background
she is in the shop and their fridge is beeping
she asked a clerk to turn that beeping off, and the clerk replied "it beeps like that for a month, but works we dunno what to do"
Brilliant
Always buy the dip
sounds legit
@Seven Proxies that's how a billionaire loses all their money, lol
Just one of those tismy things
no, i am saying that no market can combat people with a money-printer
fed is kind of a pyramid scheme
that can just print as much money as they wish
I have a feeling that MA lost a lot of money after the BTC crash and is now just trying to cope
But as long as people trust it, it won't collaps
brrrrrrrrrrrrrrrrrrrrrrr
@ManAnimal do you know the story as Vanderbilt and the printer?
derivatives DESTROY markets
always
BUT MUH IMAGINARY MONEY DAD!
NOOOOOOOOOOOOOOOOOOOOOOOOOOO!
I just spent 10 000btc on useless shit when it was cheap
only god can create something from nothing
Regrets
all money is imaginary
@ManAnimal false
OOF
letting banks do that was a ticking ti m bomb
I didn't think btc was anything other than a toy
@JackH670 Yeah, but bitcoin is imaginarier
Only god and banks can create something from nothing
Only jews can create dollars from thin air
@Goddess Tyche get your emotions the fuck out of here
IE the federal reserve
@ManAnimal Yikes