大咖福利影院

Diazo wrote:

Yeah Fred you can control the every thought of expats. You think they are all your children. Mod position were created for those who missed out on something in life and now like controlling .

Not interested in controlling your thoughts, but scammers get banned. Usually a few bitcoin ones go every week. Most are one post wonders out to steal what they can.
You can tell the world you love bitcoin and completely ignore the massive losses this week (and many times before), but someone might well mention such things.

Saggaboy wrote:

Crypto Currencies will on the BOOM

Right now, the "BOOM" is an implosion.

Saggaboy wrote:

Hold your breath ... and take another breath

Crypto Currencies will on the BOOM

OK Boomer.

Eruptile wrote:

I don't play with crypto. It's so volatile, not to mention unregulated. .

And there goes the two reasons I won't go near the mess. Anything like this will and does attract every scam merchant under the sun.

Eruptile wrote:

I don't play with crypto. It's so volatile, not to mention unregulated. I guess it's appealing for some, but I don't know enough about it to play in that sandbox.

Great money maker for guys like Elon Musk who can manipulate the rates with comments on social media, and even he is saying to "invest with caution". I'm not into it, but never say never 鉁岎煆�

Diazo wrote:

For starters it is a energy hog.

I actually hate crypto because it's the reason GPUs (graphic cards for your computer) are so scarce and ridiculously expensive. Miners and scalpers buy all the stock NVIDIA and AMD manage to produce. I haven't been able to upgrade my computer's GPU for several years now. It's now actually cheaper to upgrade to an M1 Mac than to upgrade your PC if you rely on your GPU for honest, actually productive work (video editing, 3D design, etc) instead of greedy speculating with something that has zero intrinsic value, zero regulation and zero government support (crypto).

Real estate in virtual worlds 鈥� sometimes called the metaverse 鈥� is going for millions of dollars in some cases.
The most expensive spots are near where lots of users congregate 鈥� for instance, someone recently paid $450,000 to be Snoop Dogg鈥檚 neighbor in a virtual world called the Sandbox.
But even proponents are warning would-be investors that this is risky business.

Bitcoin and non existent houses share something - their actual value is zero, but they both have a perceived value amongst given groups of people.
Some are geeks, some are yuppies (old phase) trying their best to look with it, and the rest are manipulators out to screw what they can from the others.
One has to explore what 'value' actually is, and these things simply don't have it so both are easy to manipulate.
When it boils down, these things are worth absolutely zero in the real world as the vast majority of people can't do anything with the things. Add their supposed value is so wildly variable they aren't a good investment unless you'e either lucky , have your nose to the market in the form of insider trading, you set up a 'bank' to steal the lot, or you're a manipulator.
The rest lose their shirts.

Then, for good measure, we toss the massive environmental issues, criminal activity, and miners infecting random people's computers with a virus so they can take them over for mining.

The whole industry is a serious pain in the bum and most is nothing more than an enormous scam.

Fred wrote:

100k became 30k. It's bitcoin so no shock there.
However, the question is who grabbed the 70k difference.

Answer - a bitcoin manipulator.
These people don't give a flying rats about anything but grabbing fools' cash.

agree with you Fred because

"You don't get owt for nowt"

something that in Spanish it could go like:
"Nadie da duros a cuatro pesetas"

no matter what
there is always a catch..
aka you always make a deal with the Devil

听

Saggaboy wrote:

O, The suffering of the short sited !

Yes, the lady in the possibly apocryphal story suffered 70 thousand times due to her myopia.

Fred wrote:

100k became 30k. It's bitcoin so no shock there.
However, the question is who grabbed the 70k difference.

Answer - a bitcoin manipulator.
These people don't give a flying rats about anything but grabbing fools' cash.

I think your implying some person or entity "grabbed" the drop in value. In that sense it is like any other asset. However, i think it would be hard to find a more volatile asset. The odd thing about crypto assets is that they move in lock step with each other. If BTC goes down they all follow. In fact you can overlay their charts and see that. Whereas in other equities you do not see that. If Apple goes down United Airlines might go up. Yet there is industry correlations.
You seem to be saying the whales took the 70k loss. There is no doubt whales can easily minupulate the market. That is because it is such a relatively small consentrated market. This is why stocks are regulated. This is why crypto suffers because there is no regulation. One of the many drawbacks of crypto.
'

Diazo wrote:

I think your implying some person or entity "grabbed" the drop in value.
'

Of course I'm not implying it - I'm flat out saying it.

70 grand doesn't just disappear, it goes somewhere, in this case into market manipulators' pockets.
It's easy enough to work out - manipulators buy low, create a few headlines about how wonderful coins are, wait for a bus load of fools, then sell high and crash the market.

2013 story comes up every time the market falls. Are we really supposed to believe a computer expert tosses a hard drive out without destroying it first?

Saggaboy wrote:

It went into your ignorance of Cryptos.

If I may be so bold: I have found smart answers tend to be an attempt to avoid a real answer, that commonly because the truth of a situation doesn't fit the version of the truth you want people to hear.
That in mind, your motives for avoiding the question have to be considered.

Saggaboy wrote:

I did answer your question and I will answer it again. It went into your ignorance of Cryptos. Take the answer seriously and examine your lack of knowledge.

So the 70 grand disappeared into thin air?
Of course not. It went into a manipulator's pocket. The very fact you refuse to answer shows you have no valid argument.