I’m waiting for Binance and Tether to collapse, and then we will know with certainty crypto’s best days are behind it, down to zero it goes. If you have assets on Binance I would not be complacent. Get them out.
Tether falling is going to make FTX look like a hiccup.
Binance is trying to calm investors, but its finances remain a mystery
111–120 of 280 posts
Re: Binance is trying to calm investors, but its finances remain a mystery
#112Earlier quoted context omitted.
I just can't see how crypto can recover tbh. What other technology spent ten years, produced basically nothing of value, is almost universally hated by the whole population and then came back to be something useful? It's not like quantum computing where we just don't know how to make it work. There are close to no technical problems, the core idea just doesn't work.
almost universally hated by the whole population Can you source that? It feels to me like a gross exaggeration. Anecdotally I know more people that are passionate about it or just don't care than anyone who really hates it.
https://www.cnbc.com/2022/12/07/just-8percent-of-americans-h...
Re: Binance is trying to calm investors, but its finances remain a mystery
#113Earlier quoted context omitted.
I just can't see how crypto can recover tbh. What other technology spent ten years, produced basically nothing of value, is almost universally hated by the whole population and then came back to be something useful? It's not like quantum computing where we just don't know how to make it work. There are close to no technical problems, the core idea just doesn't work.
almost universally hated by the whole population Can you source that? It feels to me like a gross exaggeration. Anecdotally I know more people that are passionate about it or just don't care than anyone who really hates it.
Re: Binance is trying to calm investors, but its finances remain a mystery
#114Re: Binance is trying to calm investors, but its finances remain a mystery
#115Re: Binance is trying to calm investors, but its finances remain a mystery
#116Re: Binance is trying to calm investors, but its finances remain a mystery
#117Re: Binance is trying to calm investors, but its finances remain a mystery
#118This YouTuber (Sasha Yanshin) did a scrutiny of the errors or omissions made with the different wallet checks in the report. This is the most detailed tear down I've been able to find so far on the Internet. https://www.youtube.com/watch?v=42VnEndJ9mo
Re: Binance is trying to calm investors, but its finances remain a mystery
#119I’m waiting for Binance and Tether to collapse, and then we will know with certainty crypto’s best days are behind it, down to zero it goes. If you have assets on Binance I would not be complacent. Get them out.
> Investors who profited from Bernard Madoff’s massive Ponzi scheme even though they knew nothing of it must still pay back their profits, an appeals court decided Thursday.
https://www.nbcnews.com/news/us-news/innocent-madoff-investo...
Re: Binance is trying to calm investors, but its finances remain a mystery
#120I’m waiting for Binance and Tether to collapse, and then we will know with certainty crypto’s best days are behind it, down to zero it goes. If you have assets on Binance I would not be complacent. Get them out.
I just can't see how crypto can recover tbh. What other technology spent ten years, produced basically nothing of value, is almost universally hated by the whole population and then came back to be something useful? It's not like quantum computing where we just don't know how to make it work. There are close to no technical problems, the core idea just doesn't work.
Haters do not move the market at all, unless they are willing to short the coins. Only the participants, whatever their intentions are, move the market.