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Started By
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FTX Contagion, what we know, so far...
Posted on 12/6/22 at 7:42 am
Posted on 12/6/22 at 7:42 am
Posted on 12/6/22 at 7:46 am to GhostOfFreedom
So who is stupid enough to invest millions from a pension fund into crypto?
That advisor should be fired. Period.
That advisor should be fired. Period.
Posted on 12/6/22 at 7:46 am to GhostOfFreedom
Counterfeit shares disguised as tokens are pretty destructive
Posted on 12/6/22 at 7:50 am to GhostOfFreedom
Nice graphic - clearly delineates the path of stupid money
Posted on 12/6/22 at 7:51 am to GhostOfFreedom
I don't watch news. So is this getting 24/7 coverage by MSM as it should? (sarcasm)
Posted on 12/6/22 at 7:51 am to GhostOfFreedom
Crypto is all scams and rugpulls. Don't frick with crypto, baws. Unless you are a masochists who enjoys pain.
Shoutout /r/buttcoin/.
Shoutout /r/buttcoin/.
Posted on 12/6/22 at 7:52 am to GhostOfFreedom
And why does Softbank always seem to be losing money? A bunch of gamblers over there...
Posted on 12/6/22 at 7:52 am to Catahoula20LSU
quote:
So who is stupid enough to invest millions from a pension fund into crypto?
Our PFD fund managers did.
Not a pension but a trust fund that helps fund govt and is given as a payout once a year to residents.
Posted on 12/6/22 at 7:53 am to GhostOfFreedom
Im happy for those who made money and didnt get burnt but crypto was always going to crash or get regulated to death
Posted on 12/6/22 at 8:44 am to momentoftruth87
On purpose, by Feds and banks, in order to push digital currency.
Posted on 12/6/22 at 8:50 am to GhostOfFreedom
quote:
Ontario Teachers Pension plan. -> 95 million
Hope they aren’t teaching economics!
Looks like the inflation adjustment checks may be a lil late. And better cash it as soon as you get it.
Posted on 12/6/22 at 9:20 am to GhostOfFreedom
Forgot the outflow arrows into Ukraine and DNC.
Posted on 12/6/22 at 9:23 am to GhostOfFreedom
No surprise to not see any Warren Buffet money invested...guy has always been super wary about anything he doesn't understand which is a great rule for everyone.
Posted on 12/6/22 at 9:26 am to Cajun75
quote:
No surprise to not see any Warren Buffet money invested
Maybe it was someone else, but I believe Buffet once said that he wouldn't pay $25 for all the Bitcoin on earth.
Posted on 12/6/22 at 9:27 am to GhostOfFreedom
Yet the fricktard CEO is being interviewed like a fricking celebrity to this day.
Posted on 12/6/22 at 9:30 am to udtiger
quote:
Yet the fricktard CEO is being interviewed like a fricking celebrity to this day.
Does anyone else remember back during the Enron disaster and then to a certain extent during the AIG crisis that law makers and regulators clearly stated that "ignorance" was never an excuse and going forward it will be even less so.
Well, here we are.
It's interesting how the usual suspects like Elizabeth Warren who love to portray themselves as a watch dog for the American consumer and investor have been strangely agnostic on this.
This post was edited on 12/6/22 at 9:44 am
Posted on 12/6/22 at 9:35 am to Cajun75
An old Wall St. guy once told me that if it takes more than 2 minutes to explain how it works, it's probably a bad thing to invest in.
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