Crypto Is A Fucking Joke

[Deleted member 32846]

Crypto is literally a meme, and most crypto is unironically made by jews to further control retards crypto isn't backed by anything valuable meaning at any time it can go to 0 with no actual chance for rebound saw this in 2022 when it went from 60k to 30k literal dogshit, invest in stocks

 

[ascension]

Stocks also fell by 80% but crypto bad

 

[mortis]

Yeah it's over for nigger npcs who invested into shitryptos.

 

[Deleted member 32846]

Stocks also fell by 80% but crypto bad

Stocks are backed by companies who are in turn backed by product, fucking clown

 

[malicieusss]

Crypto is literally a meme, and most crypto is unironically made by jews to further control retards crypto isn't backed by anything valuable meaning at any time it can go to 0 with no actual chance for rebound saw this in 2022 when it went from 60k to 30k literal dogshit, invest in stocks

Crypto isn't for everyone.

 

[Deleted member 27511]

Stocks are backed by companies who are in turn backed by product, fucking clown

So long as people think crypto has value it wont matter

 

[Deleted member 32846]

So long as people think crypto has value it wont matter

It does, people throughout the BTC 60K -> 30K downfall believed it still had value

 

[autismmaxxer]

I am unironically friends with multiple mfs who legit went from nothing to multiple million dollars net worth through crypto during the last bullrun, if you are high iqcel you can make good money in crypto sadly i am retarded and lost almost everything

 

[Dr SmalCox]

crypto in itself doesnt need to be backed by anything valuable, only stablecoins do. usdt and usdc both have their reserves in corporate debt bonds (Fiat), and DAI (MakerDao's stablecoin) is backed by cryptocurrency reserves. idek where you get the idea "its not backed by anything" , when SVB (Circle’s banking partner for USDC and most tech startups) experienced a bank run and collapsed after losing $1.8B on bonds, USDC started to lose its peg to $1, so stablecoins *are* backed by actual fiat money. Btc, eth & other big alts don't need to be backed by anything valuable, people buying into these know the risk of the coins ending up at 0.

 

[🐶🐶🐶🐶🐶🐶🐶]

u dont know shit about cycles u retard

 

[Deleted member 32846]

crypto in itself doesnt need to be backed by anything valuable, only stablecoins do. usdt and usdc both have their reserves in corporate debt bonds (Fiat), and DAI (MakerDao's stablecoin) is backed by cryptocurrency reserves. idek where you get the idea "its not backed by anything" , when SVB (Circle’s banking partner for USDC and most tech startups) experienced a bank run and collapsed after losing $1.8B on bonds, USDC started to lose its peg to $1, so stablecoins *are* backed by actual fiat money. Btc, eth & other big alts don't need to be backed by anything valuable, people buying into these know the risk of the coins ending up at 0.

USDT and USCD and DAI are cope coins, any type of backing is jewish propaganda to get you to put fake money into even faker money

 

[ascension]

Stocks are backed by companies who are in turn backed by product, fucking clown

Crypto companies do have products you disabled retard. You just can't be bothered to do any research on blockchain tech.

 

[Dr SmalCox]

so the entirety of the monetary system is jewish propaganda, amirite? The gold standard was removed in 1971, the american dollar since has had no backing and can be printed as much as the federal reserve wants. What's the point of even making this thread then lol? this is water information.

USDT and USCD and DAI are cope coins, any type of backing is jewish propaganda to get you to put fake money into even faker money

 

[ascension]

so the entirety of the monetary system is jewish propaganda, amirite? The gold standard was removed in 1971, the american dollar since has had no backing and can be printed as much as the federal reserve wants. What's the point of even making this thread then lol? this is water information.

Don't use logic, just hit yourself in the head with a hammer and agree with OP that crypto bad. Then he can jerk off his micro peen thinking he's said something smart

 

[Deleted member 32846]

so the entirety of the monetary system is jewish propaganda, amirite? The gold standard was removed in 1971, the american dollar since has had no backing and can be printed as much as the federal reserve wants. What's the point of even making this thread then lol? this is water information.

The point is to show crypto is fake money, also the us dollar is backed by the US Government

1. The U.S. Economy: The overall health and performance of the U.S. economy play a crucial role in determining the strength of the U.S. dollar. Factors such as GDP growth, employment rates, productivity, and trade balance influence the currency's value.
2. Government and Central Bank: The stability and credibility of the U.S. government and the Federal Reserve, the central bank of the United States, contribute to the value of the U.S. dollar. The Federal Reserve implements monetary policies to control inflation, interest rates, and money supply, which can impact the currency's value.
3. Demand and Acceptance: The U.S. dollar is widely used in international trade, financial transactions, and as a global reserve currency. Its wide acceptance and demand in global markets contribute to its value.
4. Legal Tender: The U.S. government declares the U.S. dollar as legal tender for all debts, public and private, within the United States. This acceptance as a means of payment gives the currency its value in domestic transactions.

 

[Deleted member 32846]

Don't use logic, just hit yourself in the head with a hammer and agree with OP that crypto bad. Then he can jerk off his micro peen thinking he's said something smart

I used to have 6 figures in cryptocurrency in 2021-2022, can screenshare my BTC address that shows peak of 6 figs, I know what I am on about chump

 

[Dr SmalCox]

The SEC & CFTC both warn you of crypto being a high risk asset class, albeit cryptocurrency not requiring to comply with the regulations of either entities since it's still a grey area asset class, This is literally the best time to make money in Crypto. 2022 was peak, due to NFTs and DeFi fad, but the current market cycle prior to the next bullrun is the best time to stack up on your Coins, you'll regret it if not.

 

[Deleted member 32846]

The SEC & CFTC both warn you of crypto being a high risk asset class, albeit cryptocurrency not requiring to comply with the regulations of either entities since it's still a grey area asset class, This is literally the best time to make money in Crypto. 2022 was peak, due to NFTs and DeFi fad, but the current market cycle prior to the next bullrun is the best time to stack up on your Coins, you'll regret it if not.

Literal cope, crypto wont ever reach peak 2022 again

 

[Deleted member 32846]

Don't use logic, just hit yourself in the head with a hammer and agree with OP that crypto bad. Then he can jerk off his micro peen thinking he's said something smart

You are laughing because you unironically know I can prove I had 6 figures in BTC at one point in Dec 2021 - Jan 2022, come on discord and i'll screenshare my bitcoin address with transactions

 

[Dr SmalCox]

I used to have 6 figures in cryptocurrency in 2021-2022, can screenshare my BTC address that shows peak of 6 figs, I know what I am on about chump

Bro i know what i'm talking about as well, I farmed almost 6 figures worth of $BLUR from the blur token prerelease by using an MEV bot to dump bluechips on nft whales. I'm quite familiar with market cycles and crypto as a whole lmao, you might even know me if you interacted with CT prior to 2023.

The point is to show crypto is fake money, also the us dollar is backed by the US Government

1. The U.S. Economy: The overall health and performance of the U.S. economy play a crucial role in determining the strength of the U.S. dollar. Factors such as GDP growth, employment rates, productivity, and trade balance influence the currency's value.
2. Government and Central Bank: The stability and credibility of the U.S. government and the Federal Reserve, the central bank of the United States, contribute to the value of the U.S. dollar. The Federal Reserve implements monetary policies to control inflation, interest rates, and money supply, which can impact the currency's value.
3. Demand and Acceptance: The U.S. dollar is widely used in international trade, financial transactions, and as a global reserve currency. Its wide acceptance and demand in global markets contribute to its value.
4. Legal Tender: The U.S. government declares the U.S. dollar as legal tender for all debts, public and private, within the United States. This acceptance as a means of payment gives the currency its value in domestic transactions.

Nigga i had the same exact pessimistic mindset as you, the day i saw USDC depeg and SVB collapse , this was all in conjunction to the FTX bankruptcy notice. Guess what none of the shit i wrote up about muh usdc collapsing or muh crypto dying ever happened. It's here to stay lmao.

 

[Dr SmalCox]

Literal cope, crypto wont ever reach peak 2022 again

that's up for debate, crypto was never at "peak" in 2022, BTC & ETH had their ATH's in q4 2021. 2022 signaled the start of the so-called recession. I'm not gonna argue with you whether ETH will ever hit $4.8k and BTC $68k again or not, but crypto is not some "jewish" scam. Stop propagating this stupid mindset for everything and actually try making money before the next bullrun.

 

[ascension]

You are laughing because you unironically know I can prove I had 6 figures in BTC at one point in Dec 2021 - Jan 2022, come on discord and i'll screenshare my bitcoin address with transactions

What you've said in this thread proves you know jack shit about crypto and markets.

 

[Deleted member 32846]

Bro i know what i'm talking about as well, I farmed almost 6 figures worth of $BLUR from the blur token prerelease by using an MEV bot to dump bluechips on nft whales. I'm quite familiar with market cycles and crypto in a whole lmao, you might even know me if you interacted with CT prior to 2023.

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Nigga i had the same exact pessimistic mindset as you, the day i saw USDC depeg and SVB collapse , this was all in conjunction to the FTX bankruptcy notice. Guess what none of the shit i wrote up about muh usdc collapsing or muh crypto dying ever happened. It's here to stay lmao.

Will read later, but trust crypto is "here to stay" but is literally just jewish mind control go back to your old mindset, the creator of ethereum is a prime example of a jew

 

[Deleted member 32846]

What you've said in this thread proves you know jack shit about crypto and markets.

Come compare funds

 

[Dr SmalCox]

Holy shit you stupid fuck, stop being one of those edgy retarded discord simswapper kids saying "compare funds". You literally said crypto is a fucking joke, then say come compare funds. If crypto is truly a fucking joke and this worthless kike plot, why do you have "6 figures" in bitcoin? Lmao please man shut up and stop coping.

 

[Deleted member 32846]

Holy shit you stupid fuck, stop being one of those edgy retarded discord simswapper kids saying "compare funds". You literally said crypto is a fucking joke, then say come compare funds. If crypto is truly a fucking joke and this worthless kike plot, why do you have "6 figures" in bitcoin? Lmao please man shut up and stop coping.

I had 6 figures in crypto keyword had, come compare funds if you're really bout it

 

[thereallegend]

I’m using a crypto AI tradebot and it’s consistently losing me money.

If artificial intelligence can’t do it then no one can.

Dividend Stocks>>>

 

[eduardkoopman]

It does, people throughout the BTC 60K -> 30K downfall believed it still had value

Worst timing ever, when guys bought at the 60k peak.
Bitcoin has it's 80% drops. That is fact.
Bitcoin has it's 1000% pumps. That is fact.

 

[Methhead]

Crypto is literally a meme, and most crypto is unironically made by jews to further control retards crypto isn't backed by anything valuable meaning at any time it can go to 0 with no actual chance for rebound saw this in 2022 when it went from 60k to 30k literal dogshit, invest in stocks

crypto crash, s and p crash, fiat has inflation, just get appreciating assets and a good set of knowledge

 

[genzo]

Crypto is literally a meme, and most crypto is unironically made by jews to further control retards crypto isn't backed by anything valuable meaning at any time it can go to 0 with no actual chance for rebound saw this in 2022 when it went from 60k to 30k literal dogshit, invest in stocks

Crypto just follow stocks now but are more volatile that's it. it went down in 2022 same as stocks when the FED began raising the interest rates. Stocks rebounded this year and crypto did not because we also had all the bad news like the lawsuits.
Bitcoin and Eth will begin going up again when they lower the rates again (hopefully in 2024). I don't know about other alts as it will depend on what will happen with the Coinbase and Binance lawsuites. If they get delisted, we wil get fucked.
The Republicans winning the burgers elections next year will also be good for us, as they seem to be more accepting of crypto than the left

Jews are the ones who destroyed it but it's more because of thier incompetance and greed. Sam Bankman Fried(FTX), Alex Mashinsky (Celsius)... both jews

And yes it's just an internet casino, there is no use case. but it gives the opportunity to make life changing money starting with very little and that's why it's worth it. but don't put what you can't afford to loose