bit¢oin$

down another thousand

22,893.80USD
−3,661.20 (13.79%)today

funds are safu baby dont worry

Temporary pause of $BTC withdrawals on #Binance due to a stuck transaction causing a backlog. Should be fixed in ~30 minutes. Will update.

Funds are SAFU.

— CZ 🔶 Binance (@cz_binance) June 13, 2022

well that’s reassuring

safe as fuuuuuuuuuuuuck

Funny how when these things collapse there are “technical issues” about withdrawing your money all of a sudden.

inevitably someone examines the logs and the exchange will have done some shady shit during the downtime

hey everyone, we're just going to turn off the lights for a minute here!

~rustling noises in the dark~

everyone calm down, it’s possible that this is just the bank experiencing a liquidity crisis pic.twitter.com/MFqODE2TJP

— warrior cop (@wyatt_privilege) June 13, 2022

I’m going to buy eth when it hits 5 bucks.

where does this end up, fundamentally crypto should be worth nothing or just pennies because it has no utility outside black market transactions which dont require it to be worth more than pennies, but there are people who own a lot of crypto who are willing to pump it in order to dump it, however you do need suckers to dump it on, so crytpo will go to ~0 once all the suckers are used up, when will all the suckers be used up, i guess once crypto is universally seen as a scam, not sure how close to that we are, maybe pretty close idk kinda depends on if the pumpers can stabilize and reinflate the market soon, if it just keeps going down losing 95% of its value and so forth kinda think its over

uh so i saw the winklevoss twins' band? tonight? like, it's really them pic.twitter.com/xVqYwQrztL

— Arch Nem (@arch_nem) June 10, 2022

💀

The best band money can buy

winklevoss twins covering Rage i’m actually losing my mind pic.twitter.com/wVvIEqDLxR

— connor scully (@Sculliosis) June 11, 2022

why hasn’t anyone eaten the rich yet

too skinny

like everyone says “eat the rich” and we all agree the rich must be eaten but somebody needs to just pick up the knife & fork and go at it already

not it

would much rather use the rich to keep my hearth burning through the winters i will be living through in a mud-straw shelter in 2042 tbh

let us use every single part of the rich, leaving none to waste

Everything but the squeal.

Heading below 20k now?

to the ground *rocket pointing down emoji*

https://i.gifer.com/AFaF.gif

holy shit this is a bloodbath

https://c.tenor.com/7TV_Je4m9hQAAAAd/houseofcards-pyramid.gif

I wish this was just the end. I think it's probably the end of a lot of the other coin schemes for a while. I think it may take more time for bitcoin to completely collapse - too many true believers out there, and it will take prolonged decline to shake them out.

Rumor has it that this is a great time to get in, buy low

youll never be able to buy below

currentPrice

tbf i have no idea when this will all fall down what were seeing now seems like the collapse of various defi schemes that were propping up the prices of the various coins, on a more fundamental level it was like all bubbles just a lot of cheap money sloshing around

What wave of crypto is the next? Is the next one 3? Can it be called crypto3.1

jack dorcey and block just announced a decentralized web called web5

Jeeesus

18% of Coinbase's employees are being laid off today and they'll find out when they wake up and can't access their work email. https://t.co/k41Q9fopQ2 pic.twitter.com/4JGjFF8lVc

— Jacob Silverman (@SilvermanJacob) June 14, 2022

hello good morning sweetie i guess youre wondering why im emailing your personal account ha well funny story

In late May, Coinbase also sent emails to a number of hires telling them that the hiring freeze would not affect them, explaining that “this does not impact the offers of any employees who have already signed.”

They then rescinded the offers.https://t.co/KGiRP3x9St

— maxwell (@maxwellstrachan) June 14, 2022

The ceo posted 16 red flags in a row last week, very impressive guy

1/ This is really dumb on multiple levelshttps://t.co/k6fATRXvHn

— Brian Armstrong - barmstrong.eth (@brian_armstrong) June 10, 2022

lol

4/ Third, making suggestions on how to improve the company is a great idea (in fact, we expect everyone to be a part of that). But our culture is to praise in public, and criticize in private.

— Brian Armstrong - barmstrong.eth (@brian_armstrong) June 10, 2022

#5 is even better, imo. he's like "only i can post dumb things on twitter. if you do it, you get fired. "you" meaning my very happy employees reading me on twitter instead of working (for which you are also fired, potentially)"

the world culture has really be degraded by corporate bs

truth bomb

i shouldn't post itt but thank you to those who are, i'm enjoying this schadenfreude

i was watching baseball men play yesterday, about 100 degrees in st louis. one of the broadcasters mentioned that it was hot. the other broadcaster immediately said that they get paid to play, no matter what. he then launched into a story about a pitcher who died of a heart attack when he was 33, when he was still playing. this pitcher was known for his work ethic. "take the ball every 5th day, no matter what. doesn't matter if you're sick, you're injured, no. you take the mound and you pitch, that's what you're paid for." the first broadcaster, who had pointed out that it was hot, completely agreed, mentioned that there was a double-header tomorrow (which is today now), and reiterated that they're not paid to complain

i don't know exactly how, but there is some kind of connection between people who suck at baseball watching baseball in comfortable AC while criticizing anyone who would be visibly uncomfortable in 100 degrees, and...crypto

our culture is to praise in public, and criticize in private

like this is a formal principal he made up, if people really did it then it could maybe be culture, of course hes not doing it and the people hes complaining about arent doing it ergo its not the company culture

he has some very thought-provoking views about how workers and people in countries in hard times tend to react negatively, rather than pulling together as a team

i think we need to poke at that a little more, pull back some layers. really something to it. because if he's right about that...then think about how much things could change if we just pull together as a team?

i don't know exactly how, but there is some kind of connection between people who suck at baseball watching baseball in comfortable AC while criticizing anyone who would be visibly uncomfortable in 100 degrees, and...crypto

― Bruce Stingbean (Karl Malone), Tuesday, June 14, 2022 4:31 PM (seven minutes ago) bookmarkflaglink

sociopathy, the masculine flavor

maybe instead of lobbing internet bombs at each other, maybe we could just drive into work, reconnect with our teammates, keep the complaints internal, push the praise eternal, and make a lil' bit of pocket change on the side, as it were, as we deserve

i predict that the btc meltdown, or not-meltdown, will contribute to making inequality even worse either way. take that to the bank! haha

… the blood bank.