Dropped 100$ in doge

xtsho

Well-Known Member
Led away from court in handcuffs after being denied bail.

The look on his face.

1671009668601.png

Lets see how long until he changes his mind about fighting extradition to the US. Shouldn't be more than a couple nights in the Bahamas jail.


 

xtsho

Well-Known Member
Well that didn't take long. Looks like SBF has decided to waive extradition to the US. Amazing how a few nights in a rat infested Bahamian jail can make a person change their mind. :mrgreen:

Former FTX Chief Executive Sam Bankman-Fried is expected to appear in court in the Bahamas on Monday to reverse his decision to contest extradition to the United States, where he faces fraud charges, a person familiar with the matter said on Saturday.


 

DrDukePHD

Well-Known Member
Well that didn't take long. Looks like SBF has decided to waive extradition to the US. Amazing how a few nights in a rat infested Bahamian jail can make a person change their mind. :mrgreen:

Former FTX Chief Executive Sam Bankman-Fried is expected to appear in court in the Bahamas on Monday to reverse his decision to contest extradition to the United States, where he faces fraud charges, a person familiar with the matter said on Saturday.


Is crypto even worth investing in at this point?
 

xtsho

Well-Known Member
Damn this is moving fast. He couldn't get to the United States fast enough after being locked up in the Bahamian jail. The other main players have already pled guilty and are cooperating. They're all going to prison it's just a matter of how long. If Sam's lucky he'll be out in 20-30 years. Plenty of time to think about those few years of luxury he was living. Paid for with Other People's Money.

 

xtsho

Well-Known Member
This thread sure has gotten silent. I remember telling people to take profits while they were to be had. Who did and who didn't? I'm sure some got caught up in the hype and held all the way down. Dogecoin is now back to the price it was when this thread was originally created after reaching an all time high of 0.65¢ on 05/05/2021 which was just a couple months after this thread was started.

Current price:

1671887831698.png
 

xtsho

Well-Known Member
:(


 
Crypto seems like it was a flash in the pan. Really hard to say if it will ever regain after such a wild swing, and scared people off of crypto that lost thier asses this year.
I can understand why you might feel that way about crypto, but it's important to remember that this technology is still in its early stages and it's hard to predict what the future holds. While crypto may have had a wild ride this year, it's also possible that it could rebound in the future. It's always important to do your own research and invest wisely.
 

ComfortCreator

Well-Known Member
From my perspective, crypto was a way for people to buy and sell illegal products and services. If I remember correctly, there is/was a dark web where people bought and sold drugs and other things they couldn't transact through the legit web. Drugs, stolen credit cards, transactions for sex.

Bitcoin may have suggested a higher purpose but in the end (again, my take, likely wrong), it is a scheme to try and make fast money with no underlying value. Currencies are backed by country's Treasuries...crypto has no backing on purpose. In theory it is a higher purpose, in practice it is hard to understand why it is considered legit by anybody. Speculation is always cool I have no issue with anyone making a fast buck or exploring new concepts.

But nobody has ever told me what actual underlying value exists in crypto. Just the belief that others will value it too...
 

bernie344

Well-Known Member
Bernie is back to clear the confusion regarding the current state of crypto.

Where the market is at right now is where it should be.

The market always follows "The King" Bitcoin.

But what affects Bitcoin Bernie, why the big swings?

Its all about the Bitcoin Halving and the Bitcoin miners.

Basically Bitcoin runs on a 4 year cycle and its the halving that starts the new bullrun, not only for Bitcoin but for 99% of all other crypto coins.

But what is the Bitcoin Halving Bernie and why does it affect price in such a massive way?

Great question and time for you boys to do some reading.


Take not that the next halving will take place around June 2024 so now is the time to be stocking up on crypto, I suggest buying a small amount each week to get a good dollar cost average, there will be minor ups and downs this year and next so just keep buying and holding, the real action will take place after the next Halving.

By 2025 the bull run will be in full swing and thats when every man and his dog will be jumping aboard.

Bernie will be unloading his crypto around November 2025, but maybe unloading some around April/May 2025 because the King can go hard and then dip in June/July and then pump again to November.

Bernie is currently mining a new coin called KASPA symbol KAS and is hoping for a 25 times increase in price before selling.

You can buy KASPER on MexC Global exchange.

Bernie expects Bitcoin to reach 90k usd by November 2025 but if the past is any indication it could go to 120k usd.

Thats all I have for you.

But don't follow the hype, stick to the cycle and the Halving to guide you, and remember to sell by November 2025.
 

Nizza

Well-Known Member
Bernie is back to clear the confusion regarding the current state of crypto.

Where the market is at right now is where it should be.

The market always follows "The King" Bitcoin.

But what affects Bitcoin Bernie, why the big swings?

Its all about the Bitcoin Halving and the Bitcoin miners.

Basically Bitcoin runs on a 4 year cycle and its the halving that starts the new bullrun, not only for Bitcoin but for 99% of all other crypto coins.

But what is the Bitcoin Halving Bernie and why does it affect price in such a massive way?

Great question and time for you boys to do some reading.


Take not that the next halving will take place around June 2024 so now is the time to be stocking up on crypto, I suggest buying a small amount each week to get a good dollar cost average, there will be minor ups and downs this year and next so just keep buying and holding, the real action will take place after the next Halving.

By 2025 the bull run will be in full swing and thats when every man and his dog will be jumping aboard.

Bernie will be unloading his crypto around November 2025, but maybe unloading some around April/May 2025 because the King can go hard and then dip in June/July and then pump again to November.

Bernie is currently mining a new coin called KASPA symbol KAS and is hoping for a 25 times increase in price before selling.

You can buy KASPER on MexC Global exchange.

Bernie expects Bitcoin to reach 90k usd by November 2025 but if the past is any indication it could go to 120k usd.

Thats all I have for you.

But don't follow the hype, stick to the cycle and the Halving to guide you, and remember to sell by November 2025.
Hello bernie
love your aspect on crypto. I hope it all goes to plan!
 

bernie344

Well-Known Member
Bernie is currently grinning from ear to ear with Kaspa up over 100% in a week, Bernie is on the way currently holding 215,000 Kaspa and adding more every day. It's still very early days for Kaspa but they are already jumping aboard Bernie has revised his possible Kaspa rise from 25 times to 40 times by November 2025 while the crazy YouTube channels are already calling it a 100 times rally. Once all the bone heads climb aboard 300 times is a real possibility. $3 is 300 times. Ethereum went to $4,600. If Kaspa went to a thousand Bernie would be a billionaire. What a dream. Bernie will be happy with his 100k. This post will be here forever. Let's see how Bernie went in 2.5 years from now.
 

xtsho

Well-Known Member
Bernie is currently grinning from ear to ear with Kaspa up over 100% in a week, Bernie is on the way currently holding 215,000 Kaspa and adding more every day. It's still very early days for Kaspa but they are already jumping aboard Bernie has revised his possible Kaspa rise from 25 times to 40 times by November 2025 while the crazy YouTube channels are already calling it a 100 times rally. Once all the bone heads climb aboard 300 times is a real possibility. $3 is 300 times. Ethereum went to $4,600. If Kaspa went to a thousand Bernie would be a billionaire. What a dream. Bernie will be happy with his 100k. This post will be here forever. Let's see how Bernie went in 2.5 years from now.
I don't believe anything you say. I was mining bitcoin before you knew what it was. Some may think you're some kind of expert but I can see right through your nonsense.
 

xtsho

Well-Known Member
Once hailed as a genius, South Korean entrepreneur Do Kwon -- now facing multiple criminal charges over his failed cryptocurrency -- was a brash industry figure whose fame disintegrated into global notoriety.

After months on the run, the 31-year-old, whose full name is Kwon Do-hyung, was arrested Thursday in Montenegro after being caught trying to catch a flight using fake Costa Rican travel documents.

1679821556165.png

 

J. Rocket

Well-Known Member
ooops...he done. good.

that crap has always been sketchy to me. like NFT's
requires waaayyyyyy too much trust and belief out of thin air.
no thanks.

picked up a few more shares of an electric aircraft co. last week.
love the tech involved.
 

xtsho

Well-Known Member
ooops...he done. good.

that crap has always been sketchy to me. like NFT's
requires waaayyyyyy too much trust and belief out of thin air.
no thanks.

picked up a few more shares of an electric aircraft co. last week.
love the tech involved.
That photo of Do Kwon pretty much sums up cryptocurrency other than bitcoin. All the altcoins and their complicated financial apparatus with tokens pegged to coins based on algorithms. It's all a scam and always has been. None of it has any actual real world use and are just ponzi schemes. At least with bitcoin it costs money to mine and the supply is limited giving it value as if it was a form of digital gold that has value based on rarity. That Luna crap was just pure nonsense. That stuff is really just made up out of thin air. That's why all that garbage has crashed and burned while bitcoin still retains a significant value if you mined it years ago or got in at the right time and not during the hype when it went up over $60k.
 

bernie344

Well-Known Member
Kaspa Pumped to 4.2 cents from .0005 cents in just over 1 year, had a dip back down to 1.1 cents and is now back to 2.1 cents today and a 40% rise over the last 7 days, this has all happened in a bear market, while almost every other project has shit itself by up to 80% Kaspa powers on.

Whether you by Kaspa or not is of no concern to me.

Do Your Own Research
 
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