Breaking all the hell...FTX

This is What FTX is.,

https://www.cbsnews.com/news/ftx-bankruptcy-sam-bankman-fried-cryptocurrency/

This is what is going on.

https://thelibertydaily.com/trump-hater-anthony-scaramucci-was-nose-deep-in-ftx/

https://www.dailymail.co.uk/news/article-11419415/At-1-billion-client-funds-missing-failed-crypto-firm-FTX-sources.html

I've said, all along, that crypto was a series of pyramid schemes; and these "exchanges" were just there to find and exploit weaknesses...the way Her Hillaryness managed to parlay a few thousands into several million with Cattle Futures.

And here we are. It's WELL that this happened, in general - to wake the True Believers up.

Weep not for those who lost money. Most of them never had it...they got rich "on paper" with their pennies invested in cryptotokens, rose into the tens of thousands of dollars.

Easy come, easy go. The nature of a mania bubble.

Now maybe they can start scoping out real wealth. Such as precious metals or land.

Casey Jones wrote:I've said, all along, that crypto was a series of pyramid schemes; and these "exchanges" were just there to find and exploit weaknesses...the way Her Hillaryness managed to parlay a few thousands into several million with Cattle Futures.

And here we are.  It's WELL that this happened, in general - to wake the True Believers up.

Weep not for those who lost money.  Most of them never had it...they got rich "on paper" with their pennies invested in cryptotokens, rose into the tens of thousands of dollars.

Easy come, easy go.  The nature of a mania bubble.

Now maybe they can start scoping out real wealth.  Such as precious metals or land.

""I've said, all along, that crypto was a series of pyramid schemes""

Its a platform to make or lose money, Just like the stock exchange , The art is knowing when to buy and sell

Casey Jones wrote:I've said, all along, that crypto was a series of pyramid schemes; and these "exchanges" were just there to find and exploit weaknesses...the way Her Hillaryness managed to parlay a few thousands into several million with Cattle Futures.

And here we are.  It's WELL that this happened, in general - to wake the True Believers up.

Weep not for those who lost money.  Most of them never had it...they got rich "on paper" with their pennies invested in cryptotokens, rose into the tens of thousands of dollars.

Easy come, easy go.  The nature of a mania bubble.

Now maybe they can start scoping out real wealth.  Such as precious metals or land.

Again, land is knowing where to buy,

Im selling my place at the moment, first weekend on the market and we have had 15 interested parties come through in a depressed market, The agent was a little gob smacked, Its all about location,

Calypso Jones wrote:

https://americafirstreport.com/now-collapsed-ftx-crypto-slush-fund-laundered-ukraine-donation-money-to-democrat-candidates-to-help-rig-midterms/

Yet another conspiracy theory aired

vege57 wrote:

""I've said, all along, that crypto was a series of pyramid schemes""

Its a platform to make or lose money, Just like the stock exchange , The art is knowing when to buy and sell

Not at all. A stock, is an asset. It's a share in a business...hopefully, successful. It has products; revenue stream, physical properties such as land and inventory. It has intellectual properties, often - patents or registered design trademarks.

A bitcoin (or other) is just coding on a medium. It makes no money. It does nothing...no different from a Beanie Baby or a baseball trading card.

One invests in the stock market to GROW assets. That is, not Bigger Fools to buy the same shares for moar...but to see the business pay dividends, grow, become worth more. Rule of thumb used to be, seven years' dividends should pay off the price of a share of stock.

Now, however, we have a MASSIVE Stawk Market Bubble...and the BLUE CHIPS, fer crissake, are only paying token dividends...hundredths of the price of a share. In a rational, non-manipulated world, no one would own such stock, with such pathetic returns, or no returns.

But today is Idiocracy, and we can't understand between sound investment and a Ponzi Scheme, or grasp what central-bank manipulations have done to our most-basic investment tools.