Official BGOL Crypto Currency Thread ★★★★★
- Thread starter Matt Beesy
- Start date
What Happens if Ether Is a Security?
A recent suit filed by the New York Attorney general could have far-ranging complications for crypto exchanges that list ether and similar tokens.
So USDC had 3.3 Billion (8% of their reserves) in Silicon Valley Bank
Which collapsed
As of now $USDC is .95 went as low as .87
Crazy shit......
www.wsj.com
Which collapsed
As of now $USDC is .95 went as low as .87
Crazy shit......
Circle’s USDC Stablecoin Breaks Peg With $3.3 Billion Stuck at Silicon Valley Bank
Worried investors cashed out more than $2 billion worth of USD Coin, knocking the dollar-pegged token below 87 cents.
www.wsj.com
Celsius
Well they are an exchange that filed for bankruptcy.
Everything is frozen pending the outcome, of course no one can take anything off.
The country's 15th largest bank just folded yesterday and has roughly 300 BILLION dollars in it
No one can take money outta there either. For context, FTX had 10-40 Billion in assets and Celsius had 3.31 Billion.
Has the banking industry ship sailed too? cause a TON more money is fucked up with SVB more than ALL
the Crypto fuck ups COMBINED
Crypto ain't going no where dogz
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The Fed
Fed is going HARD at Crypto
Everybody remember, the goal is NOT to hold on to crypto forever, its to use the profits,
to purchase REAL WORLD assets!! Real money... aka gold silver.... property etc....
leave some in the nest, but have your money spread out in many nests..
Also look into TRUSTS... keep shit OUT of your name, the goal is NOT
to "own" shit the goal is to
CONTROL shit...
thats what REAL MONEY DO!
to purchase REAL WORLD assets!! Real money... aka gold silver.... property etc....
leave some in the nest, but have your money spread out in many nests..
Also look into TRUSTS... keep shit OUT of your name, the goal is NOT
to "own" shit the goal is to
CONTROL shit...
thats what REAL MONEY DO!
Hey yall not gonna believe this shit... Crypto focused banks SHUT DOWN in NYC
just because the traditional bullshit banking is SHITTING BRICKS because their demise is inevitable..
so they just shut DOWN a crypto focused bank because they pussy..
an never have they played fair,
U.S. regulators on Sunday shut down New York-based Signature Bank, a big lender in the crypto industry, in a bid to prevent the spreading banking crisis.
“We are also announcing a similar systemic risk exception for Signature Bank, New York, New York, which was closed today by its state chartering authority,” Treasury, Federal Reserve, and FDIC said in a joint statement Sunday evening.
www.cnbc.com
they are doing a whole lot of sneaky shit too... they are literally taking people money.. be careful how you move
and trade.. in fact for the next six months Ill trade and move only as needed..
www.cnbc.com
just because the traditional bullshit banking is SHITTING BRICKS because their demise is inevitable..
so they just shut DOWN a crypto focused bank because they pussy..
an never have they played fair,
U.S. regulators on Sunday shut down New York-based Signature Bank, a big lender in the crypto industry, in a bid to prevent the spreading banking crisis.
“We are also announcing a similar systemic risk exception for Signature Bank, New York, New York, which was closed today by its state chartering authority,” Treasury, Federal Reserve, and FDIC said in a joint statement Sunday evening.
Regulators close crypto-focused Signature Bank, citing systemic risk
U.S. regulators on Sunday shut down New York-based Signature Bank in a bid to prevent the spreading banking crisis.
they are doing a whole lot of sneaky shit too... they are literally taking people money.. be careful how you move
and trade.. in fact for the next six months Ill trade and move only as needed..
Regulators close crypto-focused Signature Bank, citing systemic risk
U.S. regulators on Sunday shut down New York-based Signature Bank in a bid to prevent the spreading banking crisis.
I was wondering why BTC was going back up.
If crypto is ultimately dependent on banks for now, it's really not much better than the current system. Instead of investing in more tokens I never understood why the larger players didn't start services and products that accept crypto as payment. At some point the space has to start evolving beyond buying tokens for investment vehicles.
The other issue is decentralization is kind of a facade. You'll always have dominant players who have influence over others.
If crypto is ultimately dependent on banks for now, it's really not much better than the current system. Instead of investing in more tokens I never understood why the larger players didn't start services and products that accept crypto as payment. At some point the space has to start evolving beyond buying tokens for investment vehicles.
The other issue is decentralization is kind of a facade. You'll always have dominant players who have influence over others.
its the fuckin criminal institution the international private banking bastards
FUCKING HIGH TECH FINANCIAL THUGS
THE FEDERAL RESERVE..
THEY KNOW EXACTLY WHAT THEY ARE DOING WHEN THEY
RAISE THE INTEREST RATES BECAUSE THEY JUST FEEL LIKE IT....
its also karma for the banks, for doing everything in their power to try
and FUD crypto out of existence.... they wasted too much energy on that shit,
and never enegy on developing financial products that benefit the majority of their customers
all they every want is for us to bail them out just to fuck us over again....
that shit BEEN PLAYED OUT!!!
FUCKING HIGH TECH FINANCIAL THUGS
THE FEDERAL RESERVE..
THEY KNOW EXACTLY WHAT THEY ARE DOING WHEN THEY
RAISE THE INTEREST RATES BECAUSE THEY JUST FEEL LIKE IT....
its also karma for the banks, for doing everything in their power to try
and FUD crypto out of existence.... they wasted too much energy on that shit,
and never enegy on developing financial products that benefit the majority of their customers
all they every want is for us to bail them out just to fuck us over again....
that shit BEEN PLAYED OUT!!!
If you bought 1 Million Dollars of $USDC on Saturday
You made over 130k by today
You made over 130k by today