/r/terraluna/ has suicide hotlines pinned at the top.
― Elvis Telecom, Wednesday, 11 May 2022 22:45 (two years ago) link
here we go, here we fucken go, let's ride this one all the way to hell
https://coinmarketcap.com/currencies/tether/
― 𝔠𝔞𝔢𝔨 (caek), Thursday, 12 May 2022 06:00 (two years ago) link
tbf though, a lot of these shitcoins are doing better than mid cap tech stocks (palantir, lyft, snowflake, shopify, peleton, etc.)
― 𝔠𝔞𝔢𝔨 (caek), Thursday, 12 May 2022 06:08 (two years ago) link
suicide and political radicalization via collapse of a pseudobanking system is not funny, but this. this is extremely funny.
Eric Adams recieved his first paycheck of $5,900 dollars. Since then, Bitcoin fell by 55%, meaning his paycheck is now worth $2,655.However, since he pays taxes on 45% on his original $5900 paycheck, his first paycheck was a grand total of…Negative 600 bucks— Lucas 🧡 (@LucasOfSunshine) May 11, 2022
― 𝔠𝔞𝔢𝔨 (caek), Thursday, 12 May 2022 06:12 (two years ago) link
lmfao
― lag∞n, Thursday, 12 May 2022 12:23 (two years ago) link
Coinbase is struggling too, according to this Guardian article (see the last few paras):
https://www.theguardian.com/technology/2022/may/12/stablecoin-tether-breaks-dollar-peg-cryptocurrencies
Is total system collapse a real possibility?
― Critique of the Goth Programme (Neil S), Thursday, 12 May 2022 12:26 (two years ago) link
imho thats always been the most likely outcome
― lag∞n, Thursday, 12 May 2022 12:30 (two years ago) link
i mean its all totally fake and insanely fraudulent
the big push to get more retail investors involved with all those tv commercials and whatnot is clearly the end stage theres not anyone else deposit money into the system after them
― lag∞n, Thursday, 12 May 2022 13:00 (two years ago) link
is there any update on this lagoon
everyone these days is asking is elon musk pumping and dumping crypto currencies in order to cover for major accounting fraud at tesla— br◎seph (@on3ness) May 8, 2021
― towards fungal computer (harbl), Thursday, 12 May 2022 13:02 (two years ago) link
lol soon
― lag∞n, Thursday, 12 May 2022 13:05 (two years ago) link
the vast majority of crypto is owned by whales and while they can keep the numbers up via doing illegal things like wash trading they do eventually need real people to cash them out, once those people stop coming around what is even the point of it all
https://i.imgur.com/F3vs7Jt.png
― mark s, Thursday, 12 May 2022 13:21 (two years ago) link
this is the same argument every pyramid scheme/MLM uses to keep people in
"If only I bought bitcoin in 2011, I would be so rich."No, you likely wouldn't be. You would've probably sold early because you were scared, just like you probably are today.Holding through multiple 80% corrections takes an insane level of conviction and mental fortitude. pic.twitter.com/AisQ3PDdBd— Dylan LeClair 🟠 (@DylanLeClair_) May 6, 2022
― towards fungal computer (harbl), Thursday, 12 May 2022 13:50 (two years ago) link
I find it hard to amass sympathy for these assholes but I feel like a lot of the citizens of El Salvador are gonna be unnecessarily suffering because of this and that really sucks
― frogbs, Thursday, 12 May 2022 13:51 (two years ago) link
yeah a lot of people are going to get hurt over this wouldve been better if no one ever made a bitcoin
― lag∞n, Thursday, 12 May 2022 14:06 (two years ago) link
https://i.imgur.com/7C8apab.jpg
― frogbs, Thursday, 12 May 2022 14:26 (two years ago) link
terra luna down 99.99% on a week ago and 99.9ish down on the opening today
does it just dribble to zero or will it suddenly go all at once?
― mark s, Thursday, 12 May 2022 14:33 (two years ago) link
lmao as an online poker player I know what this means
https://t.co/AZwoBOgsqS will perform scheduled maintenance for 17 networks and temporarily suspend deposits & withdrawals.Learn more: https://t.co/xMrlyzj8xs pic.twitter.com/hOAIUA37V9— Binance.US 🇺🇸 (@BinanceUS) May 12, 2022
― frogbs, Thursday, 12 May 2022 14:43 (two years ago) link
haa
― lag∞n, Thursday, 12 May 2022 14:46 (two years ago) link
I think all of the crypto should be converted to commemorative tshirts and other physical items that everyone can keep long after the crypto has died mutated into an even more hideous form that no one here is even thinking about
― Bruce Stingbean (Karl Malone), Thursday, 12 May 2022 14:51 (two years ago) link
Too many cryptofucks were obsessed with transformers and power rangers. They are going to link up the crypto crew to its final form and emerge out of the ocean to destroy Tokyo
― Bruce Stingbean (Karl Malone), Thursday, 12 May 2022 14:52 (two years ago) link
frogsbs, can you explain the poker thing?
― peace, man, Thursday, 12 May 2022 14:55 (two years ago) link
generally when less reputable sites perform "scheduled maintenance" amongst rumors they may be becoming insolvent there's a good chance they aren't coming back up
― frogbs, Thursday, 12 May 2022 15:17 (two years ago) link
Gotcha, I figured something like that. lol.
― peace, man, Thursday, 12 May 2022 15:20 (two years ago) link
yeah iirc during the infamous "Black Friday" where the FBI nabbed a bunch of the big sites the official word was "this is just scheduled maintenance"
― frogbs, Thursday, 12 May 2022 15:25 (two years ago) link
unscheduled obsolescence
― Bruce Stingbean (Karl Malone), Thursday, 12 May 2022 15:26 (two years ago) link
gdamn when they gonna bring back legal online poker and restock da fish
― lag∞n, Thursday, 12 May 2022 15:33 (two years ago) link
Ignition/Bovada has been pretty good over the last couple years, I'm actually a little concerned that a lot of that was crypto money
― frogbs, Thursday, 12 May 2022 15:39 (two years ago) link
yeah i still have an ignition account actually had an insane run there like five years ago but havent played much since, its still not the same tho we need another poker boom
― lag∞n, Thursday, 12 May 2022 15:46 (two years ago) link
how about online poker but it's that one game where you put your knuckles flat on the table and then the other side slides a quarter toward the other player's knuckles as fast as possible, and the winner is whoever plays the longest
― Bruce Stingbean (Karl Malone), Thursday, 12 May 2022 15:57 (two years ago) link
feel like legalization is coming eventually, it's so insane that half the commercials you see during a sports broadcast now are for Fanduel or whatever while online poker is still in this weird limbo
for me the trick to Ignition is getting off the Zone tables and onto the regular ones, Zone is pretty reg infested and even when you do spot a fish you don't know when they're at your table again. the regular tables on the other hand get pretty insane, even when you're not playing peak hours
― frogbs, Thursday, 12 May 2022 15:58 (two years ago) link
xpi don't know why i said that
i played online poker for a week and lost all $100
― Bruce Stingbean (Karl Malone), Thursday, 12 May 2022 15:58 (two years ago) link
it's so insane that half the commercials you see during a sports broadcast now are for Fanduel or whatever while online poker is still in this weird limbo
yeah - some of the players are now getting endorsement deals with the betting companies. kinda completely weird, but maybe pete rose will get into the hall of fame now
― Bruce Stingbean (Karl Malone), Thursday, 12 May 2022 15:59 (two years ago) link
RIP Crypto.com Staples Centre, we hardly knew you
a perfect metaphor for the death of crypto pic.twitter.com/0VhYPfXoRF— 𝐒𝐚𝐬𝐡𝐚🔪 (@tinywienerbabe) May 11, 2022
― Critique of the Goth Programme (Neil S), Thursday, 12 May 2022 17:29 (two years ago) link
rip big man
The Terra blockchain was officially halted at a block height of 7603700.https://t.co/squ5MZ5VDKTerra validators have decided to halt the Terra chain to prevent governance attacks following severe $LUNA inflation and a significantly reduced cost of attack.— Terra (UST) 🌍 Powered by LUNA 🌕 (@terra_money) May 12, 2022
― 𝔠𝔞𝔢𝔨 (caek), Thursday, 12 May 2022 17:35 (two years ago) link
xp: wish that was real.
― peace, man, Thursday, 12 May 2022 18:07 (two years ago) link
astonishing graph. this stuff made it all the way to $90 and is now worth literally a penny
https://i.imgur.com/mUvT7LD.png
― frogbs, Thursday, 12 May 2022 18:57 (two years ago) link
I know it’s uncharitable of me but: have fun being poor, crypto fucks.
― DAMAGED by Black Flat (Boring, Maryland), Thursday, 12 May 2022 18:58 (two years ago) link
I mean under some theories of value it was always worth literally a penny
― Guayaquil (eephus!), Thursday, 12 May 2022 19:03 (two years ago) link
https://i.imgur.com/hQi29bn.png
― frogbs, Thursday, 12 May 2022 19:28 (two years ago) link
buy the dip.
― peace, man, Thursday, 12 May 2022 19:37 (two years ago) link
https://www.afr.com/wealth/personal-finance/the-great-crypto-ponzi-scheme-finally-crashes-20220513-p5al0q
Paywalled, but I had success with refresh then stop loading page in Firefox.
― Peter Greenaway's Fleetwood Mac (S-), Friday, 13 May 2022 12:03 (two years ago) link
According to credible Korean news site Money Today, Do @stablekwon requested to police for emergency protection as investors have been visiting his house. https://t.co/3rUsjUBGCp— Doo | StableNode @GoblinTown (@DooWanNam) May 13, 2022
― mark s, Friday, 13 May 2022 14:37 (two years ago) link
pretend money leads to real life mob
― lag∞n, Friday, 13 May 2022 14:39 (two years ago) link
Crypto is not pretend! Don't you get it? It is going to make transactions faster! Just you wait and see, mister.
― peace, man, Friday, 13 May 2022 14:56 (two years ago) link
i mean all money is pretend
this pretend money is also unregulated
(laws are also made up)
― mark s, Friday, 13 May 2022 14:59 (two years ago) link
money has an army
― lag∞n, Friday, 13 May 2022 15:01 (two years ago) link
thats right
― mark s, Friday, 13 May 2022 15:03 (two years ago) link
Yeah, but people without no money have a free Twitter account
― Bruce Stingbean (Karl Malone), Friday, 13 May 2022 15:04 (two years ago) link