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FTX collapse, Tether operations have links to online-poker cheating scandals

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Re: FTX collapse, Tether operations have links to online-poker cheating scandals

#331

Post by vba616 »

wly_cdgr wrote: post #330

Disgusting. SBF and this Friedman guy need to be literally physically flogged to a sobbing mess in the public square and then put into the ring for eight rounds with Mike Tyson. Better than they deserve. Absolutely vile. It is bad enough to cheat as a player/trader but to be responsible for the integrity of the platform and act like these guys is beyond the fucking pale

Friedman or Friedberg? When calling for violent reprisals against people with common names, you should at least make sure it's the right one.

Re: FTX collapse, Tether operations have links to online-poker cheating scandals

#332

Post by wly_cdgr »

vba616 wrote: post #331
wly_cdgr wrote: post #330

Disgusting. SBF and this Friedman guy need to be literally physically flogged to a sobbing mess in the public square and then put into the ring for eight rounds with Mike Tyson. Better than they deserve. Absolutely vile. It is bad enough to cheat as a player/trader but to be responsible for the integrity of the platform and act like these guys is beyond the fucking pale

Friedman or Friedberg? When calling for violent reprisals against people with common names, you should at least make sure it's the right one.

You are right. Friedberg.

But, what I am calling for is not a lawless reprisal but something a little closer to appropriate punishment than either is likely to get. Punishment that many people in countries with much more history culture and civilization than ours, like China, would agree is gentle and mild for these kind of crimes. In China someone like SBF would likely just be executed, and yes, this seems on the harsh side of reasonable and deserved - but only just.

Re: FTX collapse, Tether operations have links to online-poker cheating scandals

#333

Post by vba616 »

brookst wrote: post #87
AlexandrB wrote: post #82

Earlier quoted context omitted.

With every crypto collapse there seems to be an associated failure by the media to do any real digging. The same thing happened with Theranos where, with a few exceptions, the media fawned over Elizabeth Holmes. It's hard to tell if the media has gotten worse at their jobs or they've always been this bad and I'm just getting older. There are plenty of earlier scams and bubbles (Enron, dot-com bubble) that slipped und…

“The media” is mostly just a bunch of 20-40 year olds with liberal arts bachelors degrees, trying to make ends meet and feed their families. Serious investigative reporters with the smarts and experience to dive deep were always the exception, maybe a handful in the world at any given time. So IMO, “they’ve always been this bad” is the answer, but it’s not entirely fair. Kind of like saying the cooks at McDonald’s ha…

>So IMO, “they’ve always been this bad”

Vass you dere, Charlie? [1]

Misinformation/disinformation may, I suppose, have always been pretty much this bad, but the writing quality and intelligence in the mainstream media was not.

"Journalism" today reads like an assignment written by a near-illiterate freshman engineering student in the compulsory English class, by the standards of the mid-90s. At best.

And I think the reason is obvious - modern advertising technology proved that decent writing adds essentially zero value and forced everybody to accept it.

So the people with liberal arts degrees are not wrong to hate techies. But once, even techies wrote better.

We used to live in a world where elites guessed at what ordinary people wanted, and once the data-driven creed took over, it turned out they were mostly wrong. But optimization taken too far is evil.

[1] https://en.wikipedia.org/wiki/Jack_Pearl

Re: FTX collapse, Tether operations have links to online-poker cheating scandals

#334

Post by [deleted] »

wly_cdgr wrote: post #332
vba616 wrote: post #331

Earlier quoted context omitted.

Friedman or Friedberg? When calling for violent reprisals against people with common names, you should at least make sure it's the right one.

You are right. Friedberg. But, what I am calling for is not a lawless reprisal but something a little closer to appropriate punishment than either is likely to get. Punishment that many people in countries with much more history culture and civilization than ours, like China, would agree is gentle and mild for these kind of crimes. In China someone like SBF would likely just be executed, and yes, this seems on the ha…

[deleted]

Re: FTX collapse, Tether operations have links to online-poker cheating scandals

#335

Post by alvah »

amanaplanacanal wrote: post #247
factsarelolz wrote: post #242

Earlier quoted context omitted.

Set multiple stop losses? $6, $5.99, $5.75, etc, etc. if one fails one of the others will catch it. Hell as long as it sells before $5.01 I'm profitable. Simple as.

That’s not how stop losses work. If things are falling fast enough, You could have one trade at $7, and the next trade at $4. Sorry, you still lost money.

That's how people who haven't previously been investors through a crisis think stop losses work.

Re: FTX collapse, Tether operations have links to online-poker cheating scandals

#336

Post by arisAlexis »

jjulius wrote: post #307
arisAlexis wrote: post #245

Earlier quoted context omitted.

You justify this title because of some other company hired an unrelated lawyer that worked on a case with another lawyer 15 years ago? Seriously now lol

>You justify this title... Seriously now lol What's with the snark? The title itself is technically accurate. That is "a link". There's nothing to justify. What you want to do is debate the strength of that link. That's fine, but it does nothing to change the accuracy of the title. A connection is a connection, like it or not.

There is no lin. Corporate lawyers work in hundreds of cases during their career and you cannot say that company X is guilty because Y guy worked N years before in a guilty company. That's just insanely wrong, factually.

Re: FTX collapse, Tether operations have links to online-poker cheating scandals

#337

Post by yonaguska »

pjc50 wrote: post #269
yonaguska wrote: post #159

Earlier quoted context omitted.

I'd be interested to know exactly which primaries he donated to. The two sides are not Democrat/Republican, it should be finally obvious to everyone else after these midterms that the sides are actually Trump Republicans vs Democrats+GOP.

Eh, all political parties have significant internal factionalism which isn't very well reported. That's why the US has primaries. It's just remarkable how well coalition discipline holds within the Republican party - any Republican will back any other Republican, at least in public. It seems SBF was backing/bribing pro-crypto candidates.

I guess you have to be paying attention then, to see the splits. The Republican party right now is certainly not holding any sort of coalition. Liz Cheney, Murkowski, Mitch McConnell, Kevin McCarthy, and several others pretty much declared war on Trump based Republicans since 2020. They'd been opposing them long before, but they're finally out in the open about it. The democrat party also has it's own set of establishment Neocons that work to keep the populists in check. Which is why Bernie will never win a primary.

Re: FTX collapse, Tether operations have links to online-poker cheating scandals

#338

Post by eternalban »

r00fus wrote: post #274
eternalban wrote: post #195

Earlier quoted context omitted.

> slipped under the radar No, sorry, that is their job description. But since we're using radar as analogy, let me introduce to your new friend, IFF (Identify, Friend or Foe).

I think the radar analogy is flawed at best w/r/t the press. Part of the problem is that the press is owned/regulated by the people in the very institutions that fund the scammers.

i'm somewhat fond of my iff contribution that addresses what you just said :}

Re: FTX collapse, Tether operations have links to online-poker cheating scandals

#339

Post by jjulius »

arisAlexis wrote: post #336
jjulius wrote: post #307

Earlier quoted context omitted.

>You justify this title... Seriously now lol What's with the snark? The title itself is technically accurate. That is "a link". There's nothing to justify. What you want to do is debate the strength of that link. That's fine, but it does nothing to change the accuracy of the title. A connection is a connection, like it or not.

There is no lin. Corporate lawyers work in hundreds of cases during their career and you cannot say that company X is guilty because Y guy worked N years before in a guilty company. That's just insanely wrong, factually.

The headline does not say "company Z is guilty because Y guy worked N years before in a guilty company". That is in the body of the article, and again, that is what you have an issue with.

Again - a link is a link, regardless of whether or not it means anything. It is a connection between two entities; nothing more, nothing less. They touch each other, and that is literally what is happening here. That link can be anything - something interesting, or something not - but it remains a link regardless.

In this case, your point is, "That is a link, but I find that link weak and don't believe it means anything".

Re: FTX collapse, Tether operations have links to online-poker cheating scandals

#340

Post by loceng »

moistly wrote: post #312
loceng wrote: post #277

Earlier quoted context omitted.

There are plenty of studies and cohort analysis of Ivermectin studies that show it is highly effective with the right protocol; most of the Ivermectin studies showing it doesn't work aren't using proper doses, nor at the right time, nor for long enough period of time.

That is a load of lying horseshit.

I bet you believed that Pfizer studied for transmission of COVID-19 up until a week ago too, or maybe you haven't heard that news yet?

P.S. https://c19ivm.org/ - 83% average prophylaxis.

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