91–100 of 890 posts
Every time one of these cryptoscams matures I curse my rotten, stupid, brain. If I was smart, I too would be ripping off all of the cryptobros. Instead I dumb and do honest work.
B) The unregulated crooks are making it so crypto either will be outlawed or regulated (e.g. central exchanges regulated), so you won't be able to scam for very much longer
C) it's not just crypto bros, many people made the speculative investment who are relatively uninterested in it, you are mote likely to defraud your standard investor looking to trade stocks with e.g. Robinhood than any major players.
So don't feel bad or think you have missed out. If you want to defraud someone go sell NFTs, those are literally nonsense sold to idiots...
Earlier quoted context omitted.
Thanks! Wow even better than I recalled To be fair there’s something to that idea. Market returns about 7% on average. Over six years that would be an opportunity cost of 50%. But, as you say there’s got to be some loss for choosing to put one’s money with a con artist I doubt there will be a crypto bailout as it seemingly didn’t get big enough to blow up anything outside itself. It also had an anti public relations…
I've been around the block a few times, and I've had people over the years tell me about an "investment" or a fund, or their brother-in-law who could get me 15% or more on my money. And every time I've been smart enough to say "no thanks." I must admit, I don't have a lot of sympathy for Madoff's victims. Especially the charities! If I donate money to a charity, I'd expect the money to go to help people or to further…
Every time one of these cryptoscams matures I curse my rotten, stupid, brain. If I was smart, I too would be ripping off all of the cryptobros. Instead I dumb and do honest work.
Cryptocurrencies are speedrunning the history of the financial system and why it is the way it is.
After 10 billion USD goes missing you can bet it won't stay unregulated for long. But yeah it became apparent a while back that some very bad actors, speculators, had become involved in crypto, so I became inactive.
One to two billion is missing and probably stolen.
to what extent can my pc/phone be compromised simply by going to a website? how would i know if malicious software is downloaded/active?
Can iOS/Android apps be updated without 3rd party approval?
SBF and Caroline (and probably Trabucco) probably already on their way to non-extradition countries and taking what little cash remains with them. They'll end up in prison if they don't.
to what extent can my pc/phone be compromised simply by going to a website? how would i know if malicious software is downloaded/active?
the math works out for someone to spend it here given the amount of panicky crypto whales trying to get their money out of ftx. (OTOH, the math also suggest that these exchanges should've been hacked long long ago if these cheap zero days exist, so idk)