I bought mountains of bitcoin at 3$, sold at $61283K my entire bag in March 21, rebought at $31576 in July 2021, and unloaded everything again at $69K Nov 12 2021. Then I shorted all the coins in early 2022, ended my short in mid June. And shorted everything again last week.

HFSP

Nobody knows what they did with money. It's also hard to believe they just replaced tens of billions in commercial paper with treasuries within a year.

They keep saying for years a big 4 audit is coming any minute now so we need to trust them its all in treasuries.


Too big to fail? Nah. Appetite for US treasuries is still global.

When? Please send receipts. I said in June 2021 that 30k was a good level and I bought more there. Kekeke understands that Bitcoin is volatile asset and that short term movements are unpredictable. I am sure in 5, 10, 15 years he will be very glad he exchanged some real estate for BTC at 30k. Was 30k a good level at the time? Yes. Is 15k a good level today? Yes.

When? Please send receipts. I have always said that Bitcoin follows 4-year cycles and that there will be an 80% crash after the peak. I did not sell near the peak for more than 10% of my holdings so I mostly have ridden it down but am up substantially since I have been DCA for years like any good investor would. And now I will continue buying heavy throughout 2022-2023 just like I did in 2018-2019 in preparation for the 2025 bull market.

I mean I called this 100% and traded btc near perfectly this cycle, not sure why the lol

Called the bear market starting beginning of last december

and called 15k by winter in may


and I announced when I sold the first blow off top at basically the top (admittedly could've done a lot better on ETH)

.

What does "Time for buying at 30 has come and gone" mean?


Kekeke understands jack ****, everything is FUD to him, he had no idea what Tether even is and how it is in any way related to Bitcoin.


Thanks for the trip down the memory lane, I actually forgot about CoolTimers "every day you don't own btc is a loss in EV". It's right on par with "20% risk free stable coins". A lot of hidden gems in this thread.

The oversold gods are gonna make us wait forever for Tooth. Sigh.

lol at "poor internal labeling of bank-related accounts". That's high school level bookkeeping.What a clown show. And this guy was "worth" billions?

Seems like he lied to Congress, so I wouldn't have a lot of faith in SBF's word salad tweets.

It's a lie.

He directly transferred user deposits to Alemeda to patch his losses.

Essentially merged the bank accounts of his hedge fund and user deposits.

I always thought it was extremely shady that he ran a hedge fund and an exchange at the same time and issued coins. I can't imagine the blindspot all these traders had putting large amounts of money in bank account of a 29 year old crook looking hobbit.

I told him not to liquidate his real estate to buy coins.

Accumulating real estate and getting tenants to pay your mortgage down is the cheat code. Everyone that plays that game in a a good market wins in long term for last 100 years.

That's effectively what Tether also did in 2018 to bailout their sister company that nobody really knew was a sister company, most importantly of which were Tether holders, lol. They even shifted money around bank accounts to fool the auditor into thinking the balances represented reserves, when in fact they were just holding them there for 24 hours before fraudulently moving them to bailout a private company. Not sure how many fraudulent blowups people will need to see before sticking to the basics and keeping everything in cold storage.

BlockFi bankrupt now. Was inevitable

CEO of Alameda. ~5months ago.

Yeah that’s a pretty hilarious edit

OG scumbag scammer Justin Sun jumps in to temporarily save another scam(usdt) which was a result of another scammers(SBF) scam(FTX) going down. Wow, it feels like you need to learn another language just to describe what’s going on in the future of finance.

i usually fast forward through this part.

As humans it's hard to balance the need to constantly challenge the status quo to make sure we don't stagnate based on outmoded historical beliefs, vs the need to honor history and not repeat the enormous mistakes from the past. The crypto and DeFi industry has clearly failed to strike the proper balance thus far.

The memes are all unreal this past week. Such good content.

came here to post that... idiots with billions.

The “this is all Elizabeth Warrens” fault takes are pretty fire

And Gensler's.

I wonder if she'll serve any time

Can someone please unban Tooth? He is great for conversation.