rpgamer Posted July 12, 2022 Share Posted July 12, 2022 https://www.foodbusinessnews.net/articles/21609-hostess-launches-twinkcoin-snack-cakes 5 Quote Link to comment Share on other sites More sharing options...
Seight Posted July 13, 2022 Share Posted July 13, 2022 "$TWINKcoin" In the words of Sterling Archer, "Are we just not doing phrasing anymore?" 3 Quote Link to comment Share on other sites More sharing options...
Insipid Posted July 13, 2022 Share Posted July 13, 2022 Man, that would have been perfect for last month; bold mockery of other companies' advocacy while still making fun of crypto. Quote Link to comment Share on other sites More sharing options...
matrixman124 Posted July 24, 2022 Share Posted July 24, 2022 https://www.bloomberg.com/news/articles/2022-07-22/tesla-s-bitcoin-dump-leaves-accounting-mystery-in-its-wake 1 Quote Link to comment Share on other sites More sharing options...
Seight Posted July 24, 2022 Share Posted July 24, 2022 This will have a drastic effect on the sales of NFTs and also somehow White Claw hard seltzer. 3 Quote Link to comment Share on other sites More sharing options...
matrixman124 Posted July 25, 2022 Share Posted July 25, 2022 2 hours ago, Seight said: This will have a drastic effect on the sales of NFTs and also somehow White Claw hard seltzer. Hmm 2 Quote Link to comment Share on other sites More sharing options...
matrixman124 Posted July 25, 2022 Share Posted July 25, 2022 Update as of 12:09 EST Quote Link to comment Share on other sites More sharing options...
naraku360 Posted July 25, 2022 Share Posted July 25, 2022 1 4 Quote Link to comment Share on other sites More sharing options...
NewBluntsworth Posted October 7, 2022 Share Posted October 7, 2022 (edited) We love the """security""" of our digital investment assets, don't we folks? God bless the crypto clowns for all the good things they're doing in our economy. From money laundering to literal demon funding, the Earth's core is the limit. Sure, they lose billions in this fake money every other day to "hackers" but at the end of the day, at least they can say they did it all while consuming more electricity than most mid-sized countries use in a year! This is a thread for all the big goings-on in our brave new crypto clown world. Edited October 7, 2022 by NewBluntsworth 1 Quote Link to comment Share on other sites More sharing options...
NewBluntsworth Posted October 7, 2022 Share Posted October 7, 2022 https://www.cnbc.com/2022/10/07/more-than-100-million-worth-of-binances-bnb-token-stolen-in-another-major-crypto-hack.html Quote It is the latest in a series of major hacks targeting cross-chain bridges, with instances of sloppy engineering making them a prime target for cybercriminals. A total of around $1.4 billion has been lost to breaches on cross-chain bridges since the start of 2022, according to data from blockchain analytics firm Chainalysis. The crypto industry has had a rough year, with roughly $2 trillion in value being erased since the peak of a blistering rally from 2020 to 2021. The implosion of $60 billion blockchain venture Terra and a worsening macroeconomic environment have severely impacted market sentiment. Not a good year for the crypto clowns, but I'm sure they'll bounce back. Seriously, this garbage isn't going anywhere, because we live in hell. Quote Link to comment Share on other sites More sharing options...
Top Gun Posted October 7, 2022 Share Posted October 7, 2022 3 Quote Link to comment Share on other sites More sharing options...
rpgamer Posted October 7, 2022 Author Share Posted October 7, 2022 "Again" implies they ever stopped losing. I still think the whole community should've collectively crawled under a rock from embarrassment after the whole Satoshi cruise ship debacle. 3 Quote Link to comment Share on other sites More sharing options...
1pooh4u Posted October 7, 2022 Share Posted October 7, 2022 I have never been more happy to not understand a new technology. Everything I learned about crypto I learned from South Park so…😬🤷♀️ 1 Quote Link to comment Share on other sites More sharing options...
NewBluntsworth Posted October 7, 2022 Share Posted October 7, 2022 20 minutes ago, rpgamer said: Satoshi cruise ship debacle. Omg I didn't even know about this. Need to read more later when I have time Quote Link to comment Share on other sites More sharing options...
rpgamer Posted October 7, 2022 Author Share Posted October 7, 2022 36 minutes ago, NewBluntsworth said: Omg I didn't even know about this. Need to read more later when I have time A good supplement to the story is this lady, who actually knows maritime law, tweeting her reactions along the way. My favorite part: Quote Fuel alone was costing the Ocean Builders trio about $12,000 a day. According to Harris, Koch wanted to try to make the ship more fuel-efficient by installing a smaller engine, which he thought he could do while the ship was at anchor. “We were like, how are you going to cut a hole in the ship’s side big enough to get the engine out, which is below water level, and not sink the ship?” 6 Quote Link to comment Share on other sites More sharing options...
Top Gun Posted October 8, 2022 Share Posted October 8, 2022 That is literally Bioshock, only way way dumber. 3 Quote Link to comment Share on other sites More sharing options...
matrixman124 Posted October 8, 2022 Share Posted October 8, 2022 4 hours ago, Top Gun said: That is literally Bioshock, only way way dumber. Many Bitcoin enthusiasts are very much libertarian and would loooove to just create their own Rapture where they can rule over their dumb crypto peons. Problem is that they are all incompetent. 2 Quote Link to comment Share on other sites More sharing options...
Jman Posted October 8, 2022 Share Posted October 8, 2022 Crypto as an industry is the classic case of a gold rush. Only the people on the ground floor, back in 2006, mining the coins, were making cash and even then it was volatile as hell. Everyone else - 7 hours ago, matrixman124 said: Many Bitcoin enthusiasts are very much libertarian and would loooove to just create their own Rapture where they can rule over their dumb crypto peons. Problem is that they are all incompetent. To quote Frank Fontaine - These sad saps. They come to Rapture thinking they're gonna be captains of industry, but they all forget that somebody's gotta scrub the toilets. 4 Quote Link to comment Share on other sites More sharing options...
NewBluntsworth Posted October 23, 2022 Share Posted October 23, 2022 (edited) Another crypto clown doing good things in our economy https://archive.ph/TRGN8 Quote Mr. Bankman-Fried says his ultimate goal is to bring crypto to the masses. He wants to make FTX a household name and use the technology behind bitcoin to reinvent traditional finance, including the stock market and ordinary consumer payments. There's plenty of evil buffoonery to laugh at here but this part is my personal favorite Quote He is an adherent of effective altruism, a philosophical movement that says individuals should maximize their positive impact on society by making substantial money and giving it away. His favored causes include pandemic prevention and preventing artificial intelligence from harming humanity. 🤡 🤡 🤡 Edited October 23, 2022 by NewBluntsworth Quote Link to comment Share on other sites More sharing options...
NewBluntsworth Posted October 23, 2022 Share Posted October 23, 2022 Love to maximize my positive impact on society by becoming a billionaire crypto clown whose preferred charitable contributions are "pandemic prevention" and bolstering humanity's collective defenses against evil AI 🤡 🤡 🤡 🤡 🤡 1 Quote Link to comment Share on other sites More sharing options...
1pooh4u Posted October 24, 2022 Share Posted October 24, 2022 On 10/23/2022 at 1:35 PM, NewBluntsworth said: Love to maximize my positive impact on society by becoming a billionaire crypto clown whose preferred charitable contributions are "pandemic prevention" and bolstering humanity's collective defenses against evil AI 🤡 🤡 🤡 🤡 🤡 Stopping a skynet terminator future is seriously business 3 Quote Link to comment Share on other sites More sharing options...
scoobdog Posted October 24, 2022 Share Posted October 24, 2022 I completely forgot what this thread was originally about. 1 Quote Link to comment Share on other sites More sharing options...
Jman Posted October 24, 2022 Share Posted October 24, 2022 17 minutes ago, scoobdog said: I completely forgot what this thread was originally about. How everyone listened to Matt Damon and lost all their fucking money. 6 Quote Link to comment Share on other sites More sharing options...
scoobdog Posted October 24, 2022 Share Posted October 24, 2022 Just now, Jman said: How everyone listened to Matt Damon and lost all their fucking money. Well, they deserve to lose all their money then. I get pissed just thinking about that commercial, and I don't even hate Matt Damon that much. Quote Link to comment Share on other sites More sharing options...
1pooh4u Posted October 24, 2022 Share Posted October 24, 2022 19 minutes ago, Jman said: How everyone listened to Matt Damon and lost all their fucking money. 3 Quote Link to comment Share on other sites More sharing options...
matrixman124 Posted October 24, 2022 Share Posted October 24, 2022 1 hour ago, scoobdog said: Well, they deserve to lose all their money then. I get pissed just thinking about that commercial, and I don't even hate Matt Damon that much. Good ol' pyramid schemes 3 Quote Link to comment Share on other sites More sharing options...
1pooh4u Posted October 25, 2022 Share Posted October 25, 2022 Next take advice on NFTs 5 Quote Link to comment Share on other sites More sharing options...
PhilosipherStoned Posted October 29, 2022 Share Posted October 29, 2022 (edited) What bouji ass social media influencer doesn't have a 'stable harm free appreciating crypto coin' ready to pump and dump these days? Even the most crypto unsavvy people are catching on though. Hopefully in the next few years we'll see less and less people having to learn the hard way not to dump all their extra chips into a pryamid scheme just because a celebrity or internet persona that's been some what successful in other areas dangles a shiny new crypto coin in front of their mug. Edited October 29, 2022 by PhilosipherStoned Quote Link to comment Share on other sites More sharing options...
NewBluntsworth Posted October 29, 2022 Share Posted October 29, 2022 (edited) On 10/24/2022 at 4:00 PM, Jman said: How everyone listened to Matt Damon and lost all their fucking money. https://theintercept.com/2022/10/26/matt-damon-crypto-commercial/ ONE YEAR AGO, on October 28, 2021, the company Crypto.com premiered an ad starring Matt Damon. After it appeared during NFL games, it drew a great deal of attention for Damon’s suggestion that only cowards would fail to buy cryptocurrency — but if you jumped in with both feet, you would be demonstrating courage comparable to that of astronauts. Crypto.com, based in Singapore, is a platform that mainly allows users to trade in cryptocurrencies. On that day, bitcoin, the most famous cryptocurrency, was trading at $60,608 apiece. As of the moment this was published, 1 bitcoin costs $20,717. That means that if you were encouraged by Damon to buy $1,000 worth of bitcoin last October 28, it would now be worth $342. If you purchased $1,000 of Ethereum, the next most popular cryptocurrency, it would be worth $363. One thousand dollars of the Nasdaq Crypto Index is currently trading at $336. As the crypto market has crashed, the Damon spot has been the subject of worldwide ridicule, and it seems destined to go down as one of the most magnificent own goals in advertising history. Crypto.com certainly recognizes this and wisely has set the YouTube version of the ad to private. The good news is that you can still watch it here via Archive.org, and if you haven’t seen it already, you should not deny yourself its many joys. Edited October 29, 2022 by NewBluntsworth 1 Quote Link to comment Share on other sites More sharing options...
matrixman124 Posted November 10, 2022 Share Posted November 10, 2022 FTX (that company that made the Larry David Superbowl commercial about crypto FOMO and also has Tom Brady and Gisele Bundchen as major investors) has been exposed as basically using billions of dollars worth of loans as collateral for their clients holdings. They were trying to sell to Binance, another exchange, but had 6 billion in assets unaccounted for - possibly embezzled. Binance realized this and got out of the agreement. As a result, the FTX token FTT has plummeted, bringing Bitcoin down by 12%. They are now being investigated by the Dept of Justice and the FTC. Good times! 5 Quote Link to comment Share on other sites More sharing options...
Poofy Posted November 10, 2022 Share Posted November 10, 2022 @NewBluntsworth Quote Link to comment Share on other sites More sharing options...
naraku360 Posted November 10, 2022 Share Posted November 10, 2022 4 hours ago, matrixman124 said: FTX (that company that made the Larry David Superbowl commercial about crypto FOMO and also has Tom Brady and Gisele Bundchen as major investors) has been exposed as basically using billions of dollars worth of loans as collateral for their clients holdings. They were trying to sell to Binance, another exchange, but had 6 billion in assets unaccounted for - possibly embezzled. Binance realized this and got out of the agreement. As a result, the FTX token FTT has plummeted, bringing Bitcoin down by 12%. They are now being investigated by the Dept of Justice and the FTC. Good times! 6 Quote Link to comment Share on other sites More sharing options...
rpgamer Posted November 10, 2022 Author Share Posted November 10, 2022 I think in crypto terms, this is called taking a huge dump. 3 Quote Link to comment Share on other sites More sharing options...
Seight Posted November 10, 2022 Share Posted November 10, 2022 4 Quote Link to comment Share on other sites More sharing options...
Jman Posted November 11, 2022 Share Posted November 11, 2022 It’s official. Quote Link to comment Share on other sites More sharing options...
matrixman124 Posted November 11, 2022 Share Posted November 11, 2022 Just now, Jman said: It’s official. 3 Quote Link to comment Share on other sites More sharing options...
NewBluntsworth Posted November 11, 2022 Share Posted November 11, 2022 There's already a thread for this clownery. On 11/9/2022 at 10:24 PM, matrixman124 said: has been exposed as basically using billions of dollars worth of loans as collateral for their clients holdings. Sup? Mad about them doing good things in our economy? Quote Link to comment Share on other sites More sharing options...
Seight Posted November 12, 2022 Share Posted November 12, 2022 IT'S OVER* *Also lol at the other major Crypto exchange involved in this story being a sponsor of a different Formula 1 team Quote Link to comment Share on other sites More sharing options...
matrixman124 Posted November 12, 2022 Share Posted November 12, 2022 8 hours ago, NewBluntsworth said: There's already a thread for this clownery. Sup? Mad about them doing good things in our economy? This is basically like when the banks had no money to cover their clients when the stock market crashed. It's not something to celebrate, dude. 1 Quote Link to comment Share on other sites More sharing options...
mthor Posted November 14, 2022 Share Posted November 14, 2022 Somewhere, be it in Heaven, Hell, or under a deserted pier in Atlantic City, Packard is patting his precious metals and feeling fully vindicated. 1 5 Quote Link to comment Share on other sites More sharing options...
matrixman124 Posted November 14, 2022 Share Posted November 14, 2022 Another one going down. They also bought a Superbowl ad slot AND a sports stadium. I'm noticing a downward spiral of sorts. If this keeps up, @Raptorpat may want to make a Crypto Death Spiral thread. Cuz this shit is trending~ Quote Link to comment Share on other sites More sharing options...
Raptorpat Posted November 14, 2022 Share Posted November 14, 2022 You can be cryptomaster, unless you mean i should merge all the cryptothreads 1 1 Quote Link to comment Share on other sites More sharing options...
matrixman124 Posted November 14, 2022 Share Posted November 14, 2022 I was thinking we should merge the recent threads into a Crypto Death Spiral megathread! Quote Link to comment Share on other sites More sharing options...
matrixman124 Posted November 14, 2022 Share Posted November 14, 2022 WELCOME TO THE DEATH SPIRAL, BABY The last two years of Bitcoin gains have been completely wiped out. The last year of Ethereum gains has been wiped out. FTX is going bankrupt. Crypto.com is hemorrhaging users. So excited for whose going down next. Quote Link to comment Share on other sites More sharing options...
matrixman124 Posted November 14, 2022 Share Posted November 14, 2022 (edited) Welp Edited November 14, 2022 by matrixman124 Quote Link to comment Share on other sites More sharing options...
rpgamer Posted November 14, 2022 Author Share Posted November 14, 2022 On one hand.. don't really think the twinkie thread needed roped into this. On the other hand, it does sorta capture the general buffoonery here. Quote Link to comment Share on other sites More sharing options...
Seight Posted November 14, 2022 Share Posted November 14, 2022 6 hours ago, matrixman124 said: WELCOME TO THE DEATH SPIRAL, BABY The last two years of Bitcoin gains have been completely wiped out. The last year of Ethereum gains has been wiped out. FTX is going bankrupt. Crypto.com is hemorrhaging users. So excited for whose going down next. I can't believe... oh who am I kidding, any non-idiot saw this coming when the idea was "You can make money off bitcoin" and the explanation into how was "...YOU CAN MAKE MONEY OFF BITCOIN!' 1 Quote Link to comment Share on other sites More sharing options...
matrixman124 Posted November 14, 2022 Share Posted November 14, 2022 7 hours ago, rpgamer said: On one hand.. don't really think the twinkie thread needed roped into this. On the other hand, it does sorta capture the general buffoonery here. Quote Link to comment Share on other sites More sharing options...
André Toulon Posted November 14, 2022 Share Posted November 14, 2022 Oh shit, they got merged....I was so confused Quote Link to comment Share on other sites More sharing options...
Jman Posted November 14, 2022 Share Posted November 14, 2022 1 hour ago, André Toulon said: Oh shit, they got merged....I was so confused Yeah, I got thrown off a bit, but let’s be honest, if we made a new thread every time a crypto platform did something stupid or spiraled we would overrun the board. 1 Quote Link to comment Share on other sites More sharing options...
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