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re: Official CryptoTalk Thread

Posted on 11/10/22 at 2:05 pm to
Posted by MrSpock
Member since Sep 2015
4367 posts
Posted on 11/10/22 at 2:05 pm to
quote:

I wouldn't rule out another nuke. This whole FTX/FTT/CZ/SBF/USDT fiasco is far from over.


Saylor is on deck
Posted by Jon Ham
Member since Jun 2011
28608 posts
Posted on 11/10/22 at 2:26 pm to
quote:

I have reduced my crypto holdings to about 1% of my portfolio (it was at about 2%) and that 1% is about 55% BTC and 45% MATIC.

I’m guessing equities and crypto are going to go down in the near/medium term and I wanted to capture profits and get a little more conservative.



Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43308 posts
Posted on 11/10/22 at 3:05 pm to
the plot thickens

This post was edited on 11/10/22 at 3:11 pm
Posted by BottomlandBrew
Member since Aug 2010
27170 posts
Posted on 11/10/22 at 7:38 pm to
quote:

Saylor is on deck


His ego could use a hit to bring it down a peg.
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43308 posts
Posted on 11/11/22 at 6:58 am to
Keeping up with Cobie as much as I can. There's so much bubbling under the surface.

LINK
Posted by MrSpock
Member since Sep 2015
4367 posts
Posted on 11/11/22 at 8:20 am to
FTX filing for bankruptcy and SBF resigning


Posted by TigerDeBaiter
Member since Dec 2010
10268 posts
Posted on 11/11/22 at 8:21 am to
The twitter crypto brigade screaming bottom less than 24 hours after the largest bankruptcy incoming (officially announced now) was also a good sign to sell the bounce. 14k on deck.
Posted by TigerDeBaiter
Member since Dec 2010
10268 posts
Posted on 11/11/22 at 8:22 am to
CZ also FUDDING on stage at whatever conference he’s at. Probably licking his chops.
Posted by MrSpock
Member since Sep 2015
4367 posts
Posted on 11/11/22 at 8:24 am to
quote:

CZ also FUDDING on stage at whatever conference he’s at. Probably licking his chops.



People with bags of cash are waiting to buy.
Posted by JLivermore
Wendover
Member since Dec 2015
1425 posts
Posted on 11/11/22 at 8:27 am to

*Walter Bloomberg
@DeItaone
·
34s
CYPRUS REGULATOR ASKED FTX EU TO SUSPEND OPERATIONS ON NOV.9- CYPRUS SECURITIES AND EXCHANGE COMMISSION STATEMENT
*Walter Bloomberg
@DeItaone
·
1m
FTX'S RAY: CHAPTER 11 FILING IS A NECESSARY STEP TO DEVELOP PLANS TO MOVE FORWARD
Posted by boomtown143
Merica
Member since May 2019
6725 posts
Posted on 11/11/22 at 12:21 pm to
NOT your keys, NOT your coins
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
57473 posts
Posted on 11/11/22 at 2:09 pm to
quote:

Timing the market never fricking works


Time in the market is always better than timing the market.... Hmmm someone has been saying that for over 2 years...I wonder who that is.... I think he even created a trustless coin that helps you prevent yourself from trying to time the market.... Hmm i wonder what coin that is.
Posted by cwill
Member since Jan 2005
54753 posts
Posted on 11/11/22 at 3:21 pm to
Posted by 21JumpStreet
Member since Jul 2012
14656 posts
Posted on 11/11/22 at 3:52 pm to
Damn, we are still early.
Posted by glorymanutdtiger
Baton Rouge
Member since Jun 2012
3843 posts
Posted on 11/11/22 at 5:12 pm to
FTX won the voyager bid and back to square one for voyager
Posted by Jag_Warrior
Virginia
Member since May 2015
4134 posts
Posted on 11/11/22 at 6:08 pm to
Just read that the Mercedes F1 team stripped the FTX decals off their cars ahead of the Brazilian GP race.
Posted by 21JumpStreet
Member since Jul 2012
14656 posts
Posted on 11/11/22 at 6:12 pm to
Looks like blockfi pausing withdrawals. Who else we got left? Binance, kucoin,nexo,coinbase, crypto.com,Kraken
This post was edited on 11/11/22 at 6:14 pm
Posted by brdrone
wanderer
Member since Jul 2016
208 posts
Posted on 11/11/22 at 8:24 pm to
Big miners insolvent too.
Killer bear market cycle in general.
Cant wait till the gov takes a whack at the crypto pinata next. Assume they gonna try kill the on / off ramps?
Posted by BottomlandBrew
Member since Aug 2010
27170 posts
Posted on 11/11/22 at 9:44 pm to
CT Link

quote:

Hundreds of millions of dollars are now flowing out of FTX wallets, some speculate liquidators but it's late on a friday night, not typical times for such rapid heavy movements. Some withdrawals are being swapped from Tether to DAI. Hack or insider actions? $26 million here

After swapping USDT for DAI (more censorship-resistant?), they just swapped $44 million of stETH for ETH, eating huge slippage. This is super sketchy, no liquidator would be taking actions like this


Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43308 posts
Posted on 11/11/22 at 10:09 pm to
How am i supposed to go to bed now? Jfc
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