The Crypto Thread

“The IRS is said to be looking into accounts using proxies to circumvent their location. Binance is not available in all areas which has driven some users to “spoof” their location in order to continue trading on the platform.”

I made that up

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https://twitter.com/rjmark_verasity/status/1392984150970408967

https://twitter.com/CasPiancey/status/1392890256052023302

You should’ve went with “The IRS is said to be looking into paddling the ass of internet user ‘6ix’” but I’m like a handful of people in the world who actually read the articles.

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Pretty soon BoA and citi will also consume zero consumption with their transactions when the crypto money is elequently siphoned to the banks when crypto dies on false pretenses and the bank stocks sit at enormous highs.

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Who is this man?

Why does he look like the kind of guy that would make YouTube videos about crypto?

Should I buy what he’s saying?

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DB Cooper

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I’m kinda scared to watch his non-crypto videos because I’m afraid I might hate him, but he’s not saying to buy anything and one of his things is shitting on crypto youtubers shilling things.

That video just talked about Elon’s shenanigans and how ETH fees are one zillion dollars per transfer.

I can’t disagree with anything said in the video

we just don’t know the next shit coin he’s gonna pump is

nano seems to high $ wise, cardano already has a high market cap. hmmm.

ETH has a cult base but the gas fees are indeed outrageous.

It’s obviously Tommy Wiseau getting method for his next role

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I just watched one for you.

I won’t ruin him completely but the man doesn’t have furniture in his apartment.

Complete psychopath.

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You’re tearing crypto apart Elon

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I’m gonna have to eat mega fees today. Broke my phone yesterday and upon looking in my key phrase box. My key phrase document is gone. Had been there for years so who knows where it went. Anyway, went to some tech guy I know to fix phone and it barely works now according to him so just gotta get a not insubstantial amount of ETH off that trust wallet to avoid losing it again. Nearly vomited when I couldn’t find the key phrase paper. Woo decentralisation!

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The Daily interviews a Doge millionaire.

TLDL: Puts life’s savings + margin ($250K) into Doge at 4 cents. Has 2.8M at time of taping. Refused to recoup initial investment or take out money for house. Buys the dip. So now I get to feel bad for this kid when it goes to zero.

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images

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https://www.bloomberg.com/news/articles/2021-05-04/wallstreetbets-members-targeted-in-telegram-cryptocurrency-scam

The current crypto rush is also inspiring more traditional forms of fraud. Last week, one group, WallStreetBets - Crypto Pumps, pulled off a $2 million scam, Bloomberg estimates, when it told its 340,000 Telegram subscribers it would be pumping its own coin, WSBFinance. The coin didn’t exist yet; it was allegedly a presale. Users sent money to a crypto wallet believing they would receive the WSBFinance coin. But there were never any coins.

“Sorry guys! Our bot had a small problem,” the account wrote to its Telegram members. Then, after a delay: “Buying lambo now.”

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If people are that stupid and greedy, they deserve to lose their money.

If teachers were good at recognizing scammers or cheats, I never would have made it out of high school.

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What’s the point of totally scamming people and giving them nothing? How much does it cost to make a worthless shitcoin so they could get what they paid for?