News The crypto crash has begun - Page 7 - GoFuckYourself.com

jscott · 09-30-2022, 02:23 PM

Quote:

Originally Posted by NakedWomenTime

I'm not selling.

Only people desperate for $ are selling right now

nikki99 · 10-03-2022, 07:57 AM

Quote:

Originally Posted by jscott

Only people desperate for $ are selling right now

I am not desperate

blackmonsters · 10-03-2022, 08:26 AM

Quote:

Originally Posted by jscott

I remember when crashing to $200 was "the end"

then crashing to $3000 was "the end"

and now crashing to $19000 is "the end"

Looking forward to the next "end" when we're crashing to $100,000

OK; but how does this do me good to buy now for the first time?
If I bought at $200/$3000, then I'd be great.
How does buying at 19k make sense now?

I need 3 times the investment to make real money, so waiting for it to go back to $60k seems unrealistic right now.

jscott · 10-03-2022, 09:54 AM

Quote:

Originally Posted by blackmonsters

OK; but how does this do me good to buy now for the first time?
If I bought at $200/$3000, then I'd be great.
How does buying at 19k make sense now?

I need 3 times the investment to make real money, so waiting for it to go back to $60k seems unrealistic right now.

Good question, people have a hard time understanding that their USD is losing value at a SUPER fast rate. Right now, it is hard to realize that in 10 years your $1000 will have the purchasing power of only $300 (or less). It takes education, learn what is money, what is purchasing power, what is happening with your countries fiat supply. Once you know and understand these topics you will realize that buying Bitcoin now, at ANY rate, is a good choice, not for now, not for next year, but for 5 or 10 years in future.

Quote:

Originally Posted by nikki99

I am not desperate

I know you're not desperate, but I also know you're smart enough to not be selling right now

NakedWomenTime · 10-04-2022, 11:31 AM

Quote:

Originally Posted by blackmonsters

OK; but how does this do me good to buy now for the first time?
If I bought at $200/$3000, then I'd be great.
How does buying at 19k make sense now?

I need 3 times the investment to make real money, so waiting for it to go back to $60k seems unrealistic right now.

If you are going to buy Bitcoin, you need to educate yourself first about all the factors that can affect the price, e.g. interest rates, macro outlook, Bitcoin fear and greed index etc etc.

It is only when you fully understand an asset that you should invest in it.

The other thing is Bitcoin is a high risk asset, and should probably only be a small proportion of your overall asset portfolio.

The days of getting rich just by buying Bitcoin are probably over, because you are no longer early to the party.

DVTimes · 10-15-2022, 01:07 PM

DVTimes · 10-15-2022, 01:08 PM

nikki99 · 10-16-2022, 07:09 AM

Quote:

Originally Posted by DVTimes

steady, at least not going down

adultchatpay · 10-16-2022, 08:20 AM

Hodl!!!!!!!!

SAMANTAmax · 10-17-2022, 03:41 PM

Slowly but it sink down

pxi776 · 10-21-2022, 12:56 PM

I'm still hodling. Now is a good time to buy because not many people are taking about it and last couple weeks people were freaking out but it seems stable at around 19k.

keep stacking!

DVTimes · 11-08-2022, 05:08 PM

DVTimes · 11-08-2022, 05:11 PM

adultchatpay · 11-08-2022, 08:59 PM

all red today

jscott · 11-08-2022, 09:12 PM

Quote:

Originally Posted by adultchatpay

all red today

Bitcoin fundamentals are stronger than ever.

FTX & the Sam Bankman-fried fiasco is what's fucking up the markets. Always the altcoins, ponzi's, unregistered securities that rekt the markets. Greed and centralization are human error, this has been the problem with 3AC, Luna, Celsius, Quadriga, Mtgox, and now FTT/FTX. Not sure how or why people never seem to learn.

Buy Bitcoin, withdraw to cold storage and HODL, all is well or will be well (on the long term)

InfoGuy · 11-09-2022, 12:50 AM

Profits are only made when investments are sold.

DVTimes · 11-09-2022, 02:04 AM

DVTimes · 11-09-2022, 02:06 AM

DVTimes · 11-09-2022, 02:07 AM

InfoGuy · 11-09-2022, 09:06 AM

Binance Is Strongly Leaning Toward Scrapping FTX Rescue Takeover After First Glance at Books

Quote:

Cryptocurrency exchange giant Binance is highly unlikely to go through with its proposed acquisition of struggling rival FTX after less than a day of reviewing the company, according to a person familiar with the matter.

Binance’s non-binding letter of intent for the takeover – announced Tuesday as FTX’s financial position appeared to be spiraling out of control – hinged on Binance performing due diligence. Roughly half a day into that process of reviewing FTX’s internal data and loan commitments has led Binance to strongly lean against completing the transaction, the person said.

CAHEK · 11-09-2022, 12:17 PM

Cash is king.

People never learn. So much crypto scam this days, it’s going to be hard to find people and investors to invest into this shit.

jscott · 11-09-2022, 12:21 PM

Quote:

Originally Posted by CAHEK

Cash is king.
People never learn. So much crypto scam this days, it’s going to be hard to find people and investors to invest into this shit.

Cash is king, for spending, that's it's only use. If you're saving $ in cash, in long term, you're a complete idiot. As the monetary supplies expand, your cash is devaluing VERY fast.

Bitcoin is still the best savings technology. Finite supply with increasing security & usage versus fiat currencies and their infinite supply.

Altcoins, altcoin ponzis, centralized exchanges offering huge lending returns APY, etc are who drag the markets down, in the short term. (Add to the list, mtgox, quadriga, 3ac, luna/terra, celsius, ftx/sol and anything Sam Bankman-fried touched)

Learn your lesson. Buy BTC, withdraw to cold storage, and hold (save!!!)

DVTimes · 11-09-2022, 01:52 PM

DVTimes · 11-09-2022, 01:53 PM

DVTimes · 11-09-2022, 02:19 PM

DVTimes · 11-09-2022, 02:30 PM

CAHEK · 11-09-2022, 02:40 PM

Quote:

Originally Posted by jscott

Cash is king, for spending, that's it's only use. If you're saving $ in cash, in long term, you're a complete idiot. As the monetary supplies expand, your cash is devaluing VERY fast.

Bitcoin is still the best savings technology. Finite supply with increasing security & usage versus fiat currencies and their infinite supply.

Altcoins, altcoin ponzis, centralized exchanges offering huge lending returns APY, etc are who drag the markets down, in the short term. (Add to the list, mtgox, quadriga, 3ac, luna/terra, celsius, ftx/sol and anything Sam Bankman-fried touched)

Learn your lesson. Buy BTC, withdraw to cold storage, and hold (save!!!)

Parking your cash in the bank with 4-5% interest it’s risk free investment.

Parking your cash in BTC it’s big risk investment that it might go to zero.

$12k BTC by year end is most likely scenario.

adultbizwork · 11-09-2022, 05:08 PM

No personal problem against BTC at all, I even bought and hold some since it was 10K, however the only thing that defines the price of an asset is people entering and buying it.

It doesn't matter if max supply is 10 million or 21 million or if a lot of people hold it since the early days, if people don't enter and don't buy it, even if more people sell it than buy it, price will eventually fall. It's economy 101.

That's why they make all those bitcoin conferences and pay so many crypto influencers to convince people to buy. That's the only thing they can do, convince people to buy it and enter the blockchain to increase the price of this asset.

jscott · 11-09-2022, 09:00 PM

Quote:

Originally Posted by adultbizwork

No personal problem against BTC at all, I even bought and hold some since it was 10K, however the only thing that defines the price of an asset is people entering and buying it.
It doesn't matter if max supply is 10 million or 21 million or if a lot of people hold it since the early days, if people don't enter and don't buy it, even if more people sell it than buy it, price will eventually fall. It's economy 101.
That's why they make all those bitcoin conferences and pay so many crypto influencers to convince people to buy. That's the only thing they can do, convince people to buy it and enter the blockchain to increase the price of this asset.

If you're talking about altcoins then I agree, as they have CEO's, employees, marketing teams and many people who stand to benefit from the altcoin creations, enriching the founders (see Ripple/XRP's Larsen & Larimer, Garlinghouse, see Zcash Zuko founders fee, see ETH Vitalik net worth, etc)

Bitcoin on the other hand has nobody. A person made an awesome thing and vanished. The reason it grew was many advocates for free, fair, decentralized, permissionless money spread the word, and any/every one of us love that idea, unless you're a zombie of the state.

So, Bitcoin, it sells itself. Altcoins on the other hand........

ps. Gold needs to be "sold" onto others too. Have you seen the commercials? There are tons. And 95% of gold is stored value, not being used for anything else.

MelkieWey · 11-11-2022, 07:30 AM

is it up again?

nikki99 · 11-11-2022, 07:59 AM

yes going up slowly....

DVTimes · 11-11-2022, 12:05 PM

DVTimes · 11-11-2022, 12:06 PM

LaSexorcisto · 11-11-2022, 12:32 PM

Woohoo, it's skyrocketing now! Oh wait, I was doing a headstand when I looked at the chart

CAHEK · 11-11-2022, 12:43 PM

CRYPTO EXCHANGE FTX FILES FOR BANKRUPTCY

Who is next ?

LaSexorcisto · 11-11-2022, 05:43 PM

Quote:

Originally Posted by jscott

Good question, people have a hard time understanding that their USD is losing value at a SUPER fast rate. Right now, it is hard to realize that in 10 years your $1000 will have the purchasing power of only $300 (or less). It takes education, learn what is money, what is purchasing power, what is happening with your countries fiat supply. Once you know and understand these topics you will realize that buying Bitcoin now, at ANY rate, is a good choice, not for now, not for next year, but for 5 or 10 years in future.

This is exactly what I attempted to explain to my friend (a cryptobro). The halfwit went on and on about how BTC will hit $100,000+ in 10 years. Yeah so what if it does? In 10 years $100,000 will buy you a loaf of bread. That shit went right over his head.

MelkieWey · 11-11-2022, 07:39 PM

Quote:

Originally Posted by LaSexorcisto

In 10 years $100,000 will buy you a loaf of bread.

there will always be weaker coins in other countries
i might not be able to keep floating with 100.000 a year in Austria but in Paraguay im filthy rish

im mod at the rickle discord
project is going for a year now.
watching the bots fight over some limit order i placed is fun!
BTC is the prototipe, the prof of concept sadly the tech will reach its limits & no matter what as new way of handling cash will have taken over want it or not

NoWhErE · 11-11-2022, 09:40 PM

Quote:

Originally Posted by CAHEK

Parking your cash in the bank with 4-5% interest it’s risk free investment.

Parking your cash in BTC it’s big risk investment that it might go to zero.

$12k BTC by year end is most likely scenario.

except for the fact that your 4-5% interest rate would have lost you money with this year's inflation.

Also, if you bought BTC anytime before this year, you are up big time.

LaSexorcisto · 11-11-2022, 10:50 PM

Quote:

Originally Posted by NoWhErE

except for the fact that your 4-5% interest rate would have lost you money with this year's inflation.

Also, if you bought BTC anytime before this year, you are up big time.

OK. I purchased 1 BTC on October 15th, 2021 for $60,883.80. (BEFORE this year)

Today, my coin is worth $16,680.70. "I AM UP BIG TIME!!"

Thank god I didn't put that $60,883.80 into a bank, you know with this year's inflation and all. I MUCH rather have $16,680.70 then a measly $60,883.80.

jscott · 11-11-2022, 10:53 PM

Quote:

Originally Posted by CAHEK

Parking your cash in the bank with 4-5% interest it’s risk free investment.
Parking your cash in BTC it’s big risk investment that it might go to zero.
$12k BTC by year end is most likely scenario.

No offense CAHEK but this is the type of ignorance that keeps people poor.

Your method you'll gain in fiat value, but you'll lose in actual value, due to inflation. So you'll be happy, seeing your USD rising from your 2-3% interest (4-5% bullshit), but you'll actually be losing above 10% through inflation (actual CPI is always higher than reported, they fudge the numbers to keep ignorant people poor unphased, not panicky, and poor)

jscott · 11-11-2022, 10:57 PM

Quote:

Originally Posted by LaSexorcisto

OK. I purchased 1 BTC on October 15th, 2021 for $60,883.80. (BEFORE this year)
Today, my coin is worth $16,680.70. "I AM UP BIG TIME!!"
Thank god I didn't put that $60,883.80 into a bank, you know with this year's inflation and all. I MUCH rather have $16,680.70 then a measly $60,883.80.

So your time preference is very high. What did you expect? to put your money in BTC for a year, profit, an get out?
What if you bought 1 BTC anytime prior to 2020 and held 1 year? you'd be WAY up. Right now all markets are down 50-75%, AND we've had a crypto implosion, black swans, due to scammy altcoins, irresponsible centralized exchanges, & greed. Bitcoin fundamentals have not changed and is more secure than ever before, it will recover, these are all just setbacks and every single one of these setbacks is great for Bitcoin future, washing out the trash.

MelkieWey · 11-11-2022, 11:41 PM

Quote:

Originally Posted by LaSexorcisto

OK. 1 BTC on October 15th

I MUCH rather have $16,680.70

the fact you have BTC & not banknotes is why crypto rules.
just hodl with diamond hands period

Blockchain tech isnt mature yet all earnings are just dust... the ceros to the right is what counts

pornmasta · 11-12-2022, 03:04 AM

Dogecoin is not that bad.
It has more value because it's associated with a dog picture. #BusinessTip #YoMama

2MuchMark · 11-12-2022, 05:17 AM

He lost $16 billion in 1 week.

https://www.cnn.com/2022/11/11/busin...lth/index.html

The poor bastard.

DVTimes · 11-12-2022, 05:37 AM

https://twitter.com/JG_Nuke/status/1591070331988774913

LaSexorcisto · 11-12-2022, 08:37 AM

O'leary, a big crypto advocate and investor wants government regulations. The government needs to control crypto for it to become adopted into the mainstream. Investors like him have more power and a louder voice than cryptobros arguing over the internet.

DVTimes · 11-12-2022, 09:26 AM

DVTimes · 11-12-2022, 09:28 AM

djroof · 11-12-2022, 09:53 AM

Big wallets withdraw their money from cryptos and "small fishes" are "dead".

Maybe it is time for regulations so big wallets has also under control this "new economy".

So if someone still keeps coins like BTC, ETH, and my lovely DOT in the future will make serious money! But inflation hit all newcomers who thinks that will buy a lambo with few bucks...

CAHEK · 11-12-2022, 11:17 PM

If you still have any funds / crypto on any unregulated / shady platform take it out asap.

This is financial advice.

10-15-2022, 01:07 PM	#306
DVTimes xxx Industry Role: Join Date: Jun 2003 Location: UK Posts: 31,544	__________________ The Affiliate Program

10-15-2022, 01:08 PM	#307
DVTimes xxx Industry Role: Join Date: Jun 2003 Location: UK Posts: 31,544	__________________ The Affiliate Program

10-17-2022, 03:41 PM	#310
SAMANTAmax TieMeUp Industry Role: Join Date: Jul 2008 Location: Home Posts: 7,043	Slowly but it sink down __________________ 1million $ in a Month

11-08-2022, 05:08 PM	#312
DVTimes xxx Industry Role: Join Date: Jun 2003 Location: UK Posts: 31,544	__________________ The Affiliate Program

11-08-2022, 05:11 PM	#313
DVTimes xxx Industry Role: Join Date: Jun 2003 Location: UK Posts: 31,544	__________________ The Affiliate Program

10-16-2022, 08:20 AM	#309
adultchatpay Let's Make Money Industry Role: Join Date: Dec 2008 Posts: 8,784	Hodl!!!!!!!!

10-21-2022, 12:56 PM	#311
pxi776 Confirmed User Industry Role: Join Date: Aug 2020 Posts: 82	I'm still hodling. Now is a good time to buy because not many people are taking about it and last couple weeks people were freaking out but it seems stable at around 19k. keep stacking!

11-08-2022, 08:59 PM	#314
adultchatpay Let's Make Money Industry Role: Join Date: Dec 2008 Posts: 8,784	all red today

11-09-2022, 12:50 AM	#316
InfoGuy 80/20 Rule Industry Role: Join Date: Apr 2010 Location: Los Angeles Posts: 3,051	Profits are only made when investments are sold. __________________ Support American Heroes \| How Bad is My Batch? \| Vaccine Deaths & Adverse Reactions \| Free Speech Coalition \| <WARNING> ePayService / Guerra Capital, INC / MTACC payments \| Flirt4Free Fucks their Affiliates \| Don't do business with piece of shit Andy Alvarez from Webmaster Central / VR3000, who said: "If it was up to me, they would have shot all 30,000 of those country loving shitheads"

11-09-2022, 02:04 AM	#317
DVTimes xxx Industry Role: Join Date: Jun 2003 Location: UK Posts: 31,544	__________________ The Affiliate Program

11-09-2022, 02:06 AM	#318
DVTimes xxx Industry Role: Join Date: Jun 2003 Location: UK Posts: 31,544	__________________ The Affiliate Program

11-09-2022, 02:07 AM	#319
DVTimes xxx Industry Role: Join Date: Jun 2003 Location: UK Posts: 31,544	__________________ The Affiliate Program

11-09-2022, 12:17 PM	#321
CAHEK C.C.C.P. Industry Role: Join Date: Aug 2003 Location: Novorossiya Posts: 6,719	Cash is king. People never learn. So much crypto scam this days, it’s going to be hard to find people and investors to invest into this shit. __________________ Pharma from True-Meds. High converting shop in Europe and USA, fast payouts via BTC !!!

11-09-2022, 01:52 PM	#323
DVTimes xxx Industry Role: Join Date: Jun 2003 Location: UK Posts: 31,544	__________________ The Affiliate Program

11-09-2022, 01:53 PM	#324
DVTimes xxx Industry Role: Join Date: Jun 2003 Location: UK Posts: 31,544	__________________ The Affiliate Program

11-09-2022, 02:19 PM	#325
DVTimes xxx Industry Role: Join Date: Jun 2003 Location: UK Posts: 31,544	__________________ The Affiliate Program

11-09-2022, 02:30 PM	#326
DVTimes xxx Industry Role: Join Date: Jun 2003 Location: UK Posts: 31,544	__________________ The Affiliate Program

11-09-2022, 05:08 PM	#328
adultbizwork Confirmed User Industry Role: Join Date: Aug 2018 Posts: 60	No personal problem against BTC at all, I even bought and hold some since it was 10K, however the only thing that defines the price of an asset is people entering and buying it. It doesn't matter if max supply is 10 million or 21 million or if a lot of people hold it since the early days, if people don't enter and don't buy it, even if more people sell it than buy it, price will eventually fall. It's economy 101. That's why they make all those bitcoin conferences and pay so many crypto influencers to convince people to buy. That's the only thing they can do, convince people to buy it and enter the blockchain to increase the price of this asset.

11-11-2022, 07:30 AM	#330
MelkieWey Hypno Sissy Industry Role: Join Date: May 2022 Location: Europe/Austria Posts: 273	is it up again? __________________ Front Page, Blogs & Backlinks at brandynttte.xxx

11-11-2022, 07:59 AM	#331
nikki99 Supermodel Industry Role: Join Date: Nov 2004 Location: Sodoma & Gomorra Posts: 22,831	yes going up slowly.... __________________ SMC Revenue - Best Tgirl websites of the world now VR Non exclusive BIG Tranny/shemale Package for sale, full 2257 - hit me up skype: nikkimontero

11-11-2022, 12:05 PM	#332
DVTimes xxx Industry Role: Join Date: Jun 2003 Location: UK Posts: 31,544	__________________ The Affiliate Program

11-11-2022, 12:06 PM	#333
DVTimes xxx Industry Role: Join Date: Jun 2003 Location: UK Posts: 31,544	__________________ The Affiliate Program

11-11-2022, 12:32 PM	#334
LaSexorcisto Confirmed User Industry Role: Join Date: Mar 2022 Location: In the moment Posts: 95	Woohoo, it's skyrocketing now! Oh wait, I was doing a headstand when I looked at the chart

11-11-2022, 12:43 PM	#335
CAHEK C.C.C.P. Industry Role: Join Date: Aug 2003 Location: Novorossiya Posts: 6,719	CRYPTO EXCHANGE FTX FILES FOR BANKRUPTCY Who is next ? __________________ Pharma from True-Meds. High converting shop in Europe and USA, fast payouts via BTC !!!

11-12-2022, 03:04 AM	#343
pornmasta Too lazy to set a custom title Join Date: Jun 2006 Posts: 18,942	Dogecoin is not that bad. It has more value because it's associated with a dog picture. #BusinessTip #YoMama

11-12-2022, 05:17 AM	#344
2MuchMark Videochat Solutions Industry Role: Join Date: Aug 2004 Location: Canada Posts: 48,529	He lost $16 billion in 1 week. https://www.cnn.com/2022/11/11/busin...lth/index.html The poor bastard. __________________ VideoChat Solutions \| Custom Software \| IT Support https://www.2much.net \| https://www.lcntech.com

11-12-2022, 05:37 AM	#345
DVTimes xxx Industry Role: Join Date: Jun 2003 Location: UK Posts: 31,544	https://twitter.com/JG_Nuke/status/1591070331988774913 __________________ The Affiliate Program

11-12-2022, 08:37 AM	#346
LaSexorcisto Confirmed User Industry Role: Join Date: Mar 2022 Location: In the moment Posts: 95	O'leary, a big crypto advocate and investor wants government regulations. The government needs to control crypto for it to become adopted into the mainstream. Investors like him have more power and a louder voice than cryptobros arguing over the internet.

11-12-2022, 09:26 AM	#347
DVTimes xxx Industry Role: Join Date: Jun 2003 Location: UK Posts: 31,544	__________________ The Affiliate Program

11-12-2022, 09:28 AM	#348
DVTimes xxx Industry Role: Join Date: Jun 2003 Location: UK Posts: 31,544	__________________ The Affiliate Program

11-12-2022, 09:53 AM	#349
djroof JuicyDevils.gr Owner Industry Role: Join Date: Jan 2004 Location: Greece Posts: 25,371	Big wallets withdraw their money from cryptos and "small fishes" are "dead". Maybe it is time for regulations so big wallets has also under control this "new economy". So if someone still keeps coins like BTC, ETH, and my lovely DOT in the future will make serious money! But inflation hit all newcomers who thinks that will buy a lambo with few bucks...

11-12-2022, 11:17 PM	#350
CAHEK C.C.C.P. Industry Role: Join Date: Aug 2003 Location: Novorossiya Posts: 6,719	If you still have any funds / crypto on any unregulated / shady platform take it out asap. This is financial advice. __________________ Pharma from True-Meds. High converting shop in Europe and USA, fast payouts via BTC !!!