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I really enjoyed that video. This Safemoon scam shit is taking cultism to a whole new level.

Interesting point, because ETH has significantly outperformed BTC during the last 6 months and also does not have the heavy sell pressures that BTC is now stuck with: the MtGox and Bitfinex inventory to be dumped. An even more fun exercise is to compare both BTC & ETH performance vs alt L1s from...

Well that's a given, for any BTC maxi. But as an exercise, what would make you flip your position. Convert most, if not all, of your BTC in ETH, a move that would have brought you MASSIVE comparable gains if done last bear market. How bad does the Greyscale discount have to get?

Most of it is wash trading, just like the real life art world. Bored Apes executed essentially the same strategy as is done with horrible modern art. Celebs & influencers were approached early, got theirs, then proceed to shill en masse. Retail apes in. Voila!

I bet he spins this as a preemptive move to save the company. What I cant figure out is why they went for BK protection knowing that all this info will be disclosed.

Im not sure what to make of it, Mashinsky is prob in Israel and hiding. Can just dump his load and crush the market. Also, the CelShortSqueeze effort is bound to turn on itself, cause people do need money, plus greed and all that.

Check it out: https://www.coindesk.com/markets/2022/08/09/dormant-wallet-linked-to-alex-mashinsky-used-to-cash-in-on-cel-token-surge/?outputType=amp

Made a few trades on it catching the ride, but nothing serious, it's kinda risky cause at any moment the real CEL supply can be dumped on the market. The short squeeze is impressive though. Prob a great short now, cause apparently Mashinsky started moving his CEL coins and selling. FTX.us...

FTX.us and Binance.us are feeble shells of the .com versions. You actually should look into setting up an offshore entity to get proper access to them.

You do realize that part of the reason blockchain technology was created is freedom of movement, right? Not to be limited by government regulatory bodies. Why are you assuming that Im avoiding KYC? Instead of reading between the lines, and recognizing that many do not even have that option...

There are some at crypto VC funds. This guy talked about it on a few podcasts: https://www.linkedin.com/in/jordialexndr/ Im not trying to legitimize it or glorify it. Just pointing out what happens in the space. In terms of data, it's heavily based on social media metrics.

Sir, what is your current investment of choice. Enlighten us.

What is your point? Young people want to gamble with memecoins, not boring equities. Those seeking premium returns venture out away from regulated markets into the wild west of DeFi ponzis/rugs/scams for a reason. The rush for premium returns to get rich before everyone else is on...

A completely irrelevant point, for reasons I dont even care to discuss, cause this is redundant. Just drop it. You're right, Im wrong.

The Merge will be delayed, as usual, but if it's not, that would be the ultimate surprise. It's gonna take multiple stages anyway, that is a long process. BTC has its own dynamics going on, such as Mt.Gox BTC funds distribution and the whales wanting to liquidate Saylor's bags. Not so much...

I see the problem. You're looking from the perspective of YOU and ONLY YOU. I'm looking at it from the perspective as a whole, and the obvious trends. I've had conversations with firms that are in constant loops of what is going on all around the world in regards to regulations, with one of...

I dunno man, your behavior is highly reminiscent of the ideal signal for end of this bear market rally/deadcat bounce. Right as the sheep FOMO into this pump thinking bull market is back, instead of buying up BTC near $20k and ETH near $1k. The real movers & shakers of crypto dump on their...

You're right, my mistake assuming that the members here actually care for discourse, which often involves opposing viewpoints. k thx bye

That's just a part of it. Shitty exchange, and always has been. it's comical that it is one of the major CEXs out there with the most global access, along with significant financial and regulatory status. They are probably embezzling money out of the entity. The CEO/founder did dump the COIN...

It's really just identifying capital flows, hype & narratives that the masses will FOMO into. There is even analysts now that specialize in memecoins. Yes, this is not a joke.