The anti-crypto thread

[BFG10K]

Great news, crypto's collapsing across the board: https://www.techpowerup.com/282380/...ions-in-less-than-24-hours-did-the-bubble-pop

Also China's banned crypto, though individuals can still have it: https://finance.yahoo.com/news/chinese-financial-payment-bodies-barred-122712260.html

The sooner this cancerous parasite is wiped out, the better.

 

[dullard]

In other news, Binance halts withdrawals. Supposedly investigating multiple hacks. https://www.cnn.com/2022/12/02/business/binance-withdrawals-hnk-intl/index.html

A hacker managed to exploit a vulnerability in the code of aBNBc that allowed them to mint 6 quadrillion tokens, which was converted into BNB tokens [Binance’s own coin] and transferred through the crypto mixer platform Tornado Cash,”

 

[Lost_in_the_HTTP]

^^^ Warm fuzzies abound.

 

[Lost_in_the_HTTP]

Crypto cammer faces 18 months in prison over $22 million SIM attack

Engadget|1 hour ago
A young crypto scammer has been sentenced to 18 months in prison for allegedly helping to steal $22 million in cryptocurrency..



Can he trade it for cigarettes and Ramen inside?

 

[VirtualLarry]

BitBoy Crypto... alleged scammer extraordinaire?

 

[Lost_in_the_HTTP]

Hair Boi says he'll go to Washington ... when he gets ready to.

 

[AdamK47]

I know the whole FTX ordeal has been talked about to death. These two videos are the only ones you need.

Coffeezilla makes sure the billion dollar elephant in the room doesn't get ignored again.

 

[BFG10K]

"It's all about the betterment of humanity!" - internet cryptobros.

Cryptominers unable to repay millions in loans are handing over their mining rigs instead

Bloomberg reports that during the height of the crypto boom, when Bitcoin was near $69,000 and profit margins were as high as 90%, miners raised as much...

www.techspot.com

 

[VirtualLarry]

(from article in above post)
"This week also brought a warning that crypto firms weren't taking seriously the possibility of Bitcoin dropping to $5,000 next year, a price it hasn't seen since early 2020. "

Just as Kaspa, a GPU-minable PoW coin, becomes profitable to mine with a $0.10 per KWh electric rate, at a $16,500 USD to 1 BTC ratio.

 

[VirtualLarry]

Binance next to fall?

 

[VirtualLarry]

?Here's TechLead's take on SBF. He thinks SBF is not a bad guy, deserves to be forgiven for operating an alleged Crypto ponzi scheme which allegedly defrauded innocent customers and individidual retail investors out of, collectively, Billions of $. No, he thinks using and viewing a PUBLIC blockchain to track down fraud is "disgusting human behavior" and "a violation of financial privacy", and feels the CoffeeZilla, and not SBF, should be in jail. Spoken like a "true crypto bro", that is "familiar with ponzi schemes himself" - "having created the 'Million Token'".

He thinks "concerns about money" are "low-class". Tell that to the SEC when they come calling with big fines about 'Million Token', being an unregistered security (Since it's based on Ethereum, I believe) - which TeadLead was promoting.

What a disgusting waste of a human. He would probably oppose fingerprinting on a privacy basis, even in cases where a crime has been committed, and there is probable cause.

 

[AdamK47]

TechLead is a rug pull piece of s#!t himself. Just another influencer scamming his followers out of their money. He's smug and arrogant about everything. It's no wonder he's on bad terms with his ex wife.

Coffezilla's latest videos on SBF are incredibly popular. I think TechLead can't handle all of the popularity Coffeezilla is getting given all the bad (and correct) things he's said about his rug pull. Again, petty.

People still follow this guy for some reason.

 

[VirtualLarry]

Good response video from a year ago, about TechLead. Starts to give you a better picture about the delusional lying piece of garbage he is.

 

[Charmonium]

You know what would make this crypto collapse truly legend in every universe?

Well, do you like games? Especially games where loss of life is likely if not guaranteed.

You've tried to go back in time to watch the rivers of blood flow 24/7 from the Colosseum. But that just turned out to be some bad acid - probably what Satan gives to his fave souls for a "treat."

But there's no point in regretting carnage past and w/o your attendance. Let's start with premise that can't be Rome, but we can probably get w/in hollerin' distance.

 

[Heartbreaker]

I don't understand how all these pump and dumpers (like techlead), don't get charged. Make up your own coin, pump it, cash out...

And I just subscribed to Coffeezilla. A scam hunter worth watching.

 

[AdamK47]

Good response video from a year ago, about TechLead. Starts to give you a better picture about the delusional lying piece of garbage he is.

The analogy of "suck the air out of the room" is very apt for TechLead.

If people would just stop watching his videos, reading his comments, and generally stop paying attention to him, he would just ball up in a corner of a room to wither and die.

 

[Brainonska511]

I don't understand how all these pump and dumpers (like techlead), don't get charged. Make up your own coin, pump it, cash out...

And I just subscribed to Coffeezilla. A scam hunter worth watching.

Because white collar crimes are harder to prove thanks to intent and state of mind issues built into the laws.

Popehat had a nice little thread on this the other day:

https://twitter.com/x/status/1600877380683280384

 

[AdamK47]

Because white collar crimes are harder to prove thanks to intent and state of mind issues built into the laws.

Popehat had a nice little thread on this the other day:

https://twitter.com/x/status/1600877380683280384

It takes far longer to gather evidence to produce a charge that sticks. Many of these people will eventually have the law catch up to them.

 

[brianmanahan]

he would just ball up in a corner of a room to wither and die.

(as a millionaire)

 

[Heartbreaker]

Jon Stewart (the problem with) about crypto and other scams:

 

[darkswordsman17]

I know the whole FTX ordeal has been talked about to death. These two videos are the only ones you need.

Coffeezilla makes sure the billion dollar elephant in the room doesn't get ignored again.

Jeebus, that seems like a perfect situation for that guy to get a billion hits from a YouTube short with the guy just straight up admitting the fraud. I like what he's doing but cannot stand his presentation. The weird look, which I assume is intentional and pointing fun at whacked out financial gurus like Jim Cramer, coupled with the far too much blather just no thanks.

Then again, I'm not sure its any worse than the other channels that are similar, and he's at least doing some good, although I honestly don't have the interest in watching his other videos to find out if they're worth the time as the ones I've watched so far have been a little all over the place and there's too much of that "social media drama" type of stuff (that isn't on him so much as just him dealing with people that are using that as their major means of interaction/scamming people; but its generally insufferable).

 

[VirtualLarry]

OnlyFans model by day, crypto NFT scammer by night? (Allegedly)

 

[VirtualLarry]

BitBoy got swatted. NOT COOL.

 

[KMFJD]

https://twitter.com/x/status/1602277785145409536

doesn't sound good for binance

 

[Fanatical Meat]

I like how celebrities whom were admittedly paid to do ads for the crypto bros are being targeted too. Apparently celebrities need to perform “due diligence” about what ads they endorse, as in they need to ensure the product they appear with are at least reasonable legit.

 

[Red Squirrel]