Turkish Exhange called Thodex scammed 2 mrd dollars

[kakao]

You can read the details here: https://www.bloomberg.com/news/arti...r-after-turkish-exchange-abruptly-goes-silent

Their CEO was 24 years old only. I never do business with such young business men because they are most of the time too materialist and can do everything for money.

3-4 days ago Thodex sold Dogecoins 30% under market price. Some people has recognized the escape strategy and withdrew their money from the exhange. Many people visited their office but nobody was in there. Everyone has escaped already.

In total, he scammed 2 mrd dollars and flight to Thailand last night.

People should never hold my coins on exhange or brokers at the moment...

 

[d08]

Cryptos are scammers' paradise at the moment. Authorities won't do anything and the coins flow freely where-ever. Pretty smart to recognize this once-in-a-lifetime opportunity. Lots of gullible bagholders, easy targets.

 

[maxinger]

MRD? minimal residual Disease.
Mandatory Removal date

 

[Pekelo]

MRD?

He meant billion.

Milliard > mrd > thousand million > billion

 

[d08]

He meant billion.

Milliard > mrd > thousand million > billion

Yeah, in most European countries (including the UK previously) milliard is the American billion and billion is the American trillion.
Sounds like Americans were just confused and somehow we ended up the status quo.

 

[levanyashin]

You can read the details here: https://www.bloomberg.com/news/arti...r-after-turkish-exchange-abruptly-goes-silent

Their CEO was 24 years old only. I never do business with such young business men because they are most of the time too materialist and can do everything for money.

3-4 days ago Thodex sold Dogecoins 30% under market price. Some people has recognized the escape strategy and withdrew their money from the exhange. Many people visited their office but nobody was in there. Everyone has escaped already.

In total, he scammed 2 mrd dollars and flight to Thailand last night.

People should never hold my coins on exhange or brokers at the moment...

I don't believe a 24 yr old kid design such a scheme. He is just a lamb to be sacrificed at the wolfs den, there is a group writing the scenario behind curtains. 2 billion is no djoke

 

[virtusa]

You hear this all the time with crypto's. Trying to beat inflation, to stay out of the reach of governments. And finally ending up in the hands of crooks and finish without any money at all.
Losing 100% which is much worse than losing some money because of inflation.
Government will not help them now.

Why do you hear this all the time with crypto's and not with fiat money? Probably there are more stupid people with crypto's.

I beat all these Turkish crypto believers with my traditional daytrading futures.

The greed of people took over their brain. Rational thinking is replaced by wishfull thinking and daydreaming.

 

[virtusa]

What happened in Turkey was predicted by @ZKS31

https://www.elitetrader.com/et/threads/btc-down-10-just-now-why.357853/page-8#post-5368154

All that the U.S. government has to do is write an executive order to ban Banks from having any customer relationship with any cryptocurrency firm.

You'll be trapped in Bitcoin or whatever token, without a way to get back into fiat.

Your token only has value because they can get more fiat.

If you're stuck in tokens forever, there is no fiat value anymore.

https://en.wikipedia.org/wiki/Executive_Order_6102

The government doesn't need to try to seize your wallet. All they have to do is prevent you from getting back into fiat again. lol

It's foolish to think the U.S. military never made a war plan against Bitcoin, especially since the majority of miners are in China, making it a Chinese Financial Weapon against the U.S.

 

[NoahA]

Your token only has value because they can get more fiat.

This is I think the key. All the crypto bulls think we will replace all fiat currencies and only transaction in crypto. Governments will never let it happen. The more that crypto is used as payment, the more it is at risk of shutdown. Its kind of funny to think that the value of crypto is based on fiat, but I think you are absolutely right in this regard.

 

[johnarb]

This is I think the key. All the crypto bulls think we will replace all fiat currencies and only transaction in crypto. Governments will never let it happen. The more that crypto is used as payment, the more it is at risk of shutdown. Its kind of funny to think that the value of crypto is based on fiat, but I think you are absolutely right in this regard.

I don't think of bitcoin as replacing a fiat and neither does Tesla, or Microstrategy or NYDIG or Square

Bitcoin as a form of payment for goods & services is not the only functionality

The above mentioned are using it as an investment asset to hedge inflation

I think of bitcoin as a highly speculative investment asset, a high risk and a high reward

If you keep focusing on the fiat narrative, you will not understand why 1 bitcoin is worth over $50K