When did you realize that crypto was a scam? For me it was about two days ago

When did you realize that crypto was a scam? For me it was about two days ago.

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youtube.com/watch?v=kHHT5iUeV8g
web.archive.org/web/20220615182119/https://www.cnbc.com/2021/08/18/ohio-man-guilty-in-darknet-bitcoin-cryptocurrency-laundering-conspiracy.html
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>he does not know the difference between a monkey and an ape

ngmi

>hindsight
if you couldnt tell from the beginning that was fucking retarded you were blind and deaf, because anyone with a lick of sense was telling you the same shit well before all this shit came tumbling down
quit fucking lying and just accept you're a retarded nigger and thought you could win the ponzi scheme

>109x the average
hmmmm

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when the markets are good, some crypto becomes a worthwhile store of value, when the markets are bad it becomes a struggle to see who will be holding the bag.

Yeah I can. We elected an ape as president.

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The second I noticed that the only purpose most crypto and all NFTs have is to resell for an higher value.

Consider bullets, paintings and houses. The last two in particular can theoretically be bought as a store of value so you can resell them later at a steeper price. The first too in case of collapse ala Metro 2033.
But you can still hang a painting on a wall or live in a house or shoot those bullets. They still have a practical use that give them value even if you find nobody to sell them to.

Now imagine you had bullets with a caliber that don't fit any gun. But maybe one day there will be a gun that takes them! Better buy these bullets while they are cheap!
Or a painting that you don't even have around. It's just stored in some warehouse and you have the receipt that you can sell to anyone interested.
Or a house on the Moon, when we have no commercial flights to go there yet.

For all the promises that bitcoins and similar would overthrow the dollar, there has been no effort to introduce them in a serious market so they could serve as currency instead of just being yet another speculative good you buy cheap to sell expensive.
And this fundamentally means that the only reason you're gonna buy any of this crap is just to screw someone else who will buy it at a bigger price purely because he thinks he can scam someone else at an even bigger price.

It's so fucking ridiculous that I have to wonder why hasn't EA or Activision tried to cash in it several years ago when it was kicking off.

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Diamond hands won't make luna come back.

I will be making my GME stock into a family heirloom, though.

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The only reason "crypto" is even a thing is because of darknet markets. That is literally the only "use" there is for it.
I think it's absolutely fascinating that it remains legal given it exists to drive illegal transactions.

This. It's a black market currency. Why people would ever invest in organized money laundering i do not know - except greed and stupidity of course

Totally legit.

I can’t wait to retire in 3 years. You retards never learn.

>The only reason "crypto" is even a thing is because of darknet markets.
Every transaction conducted on a blockchain is tracked. You can break your bitcoin up into satoshis and reform it to hide its history, but glowniggers will arrest you even if you do that. Which tells me they actively track all transactions on the various blockchains, and are using it for "intelligence"(blackmail) purposes.

It didn't sell for anything, this stuff was all money laundering.

>what is xmr?

the purpose of crypto is to make transactions verifiable, traceable, non-falsifiable, etc.

Lmao you will never take the profit and lose position. You were sucked into the Ponzi scheme and traded your money for *literally* nothing, and will NEVER take the profit.

youtube.com/watch?v=kHHT5iUeV8g

>When did you realize that crypto was a scam?
Immediately

Retard, the purpose of crypto is buying drugs, contraband, and ghost guns on the dark net. Idk when you fags changed it to much verifiable transactions! It literally started as the EXACT OPPOSITE.

>The name of the fake internet money I use is different
>nevermind it relying on the same underlying technology.
>argentina
Makes sense.


Proof that you can and will get tracked by glowniggers if you do the wrong shit on a blockchain.
web.archive.org/web/20220615182119/https://www.cnbc.com/2021/08/18/ohio-man-guilty-in-darknet-bitcoin-cryptocurrency-laundering-conspiracy.html

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>t. glownigger

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because it has oversight and can't be artifically deflated as opposed to the fiat
retard
bitcoin will still be worth more than us cash at 0.00 because fiat currency isn't fucking real

when dystrophic moron said glory to ukraine

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those who pay millions for NFTS are just rich influencers and such they probably get more money to hook zoomers

you don't understand what you're talking about. the purpose of crypto is the things i listed. the things i list make crypto an asset. how it is USED is not its PURPOSE.

This unironically

I think NFT's are an innovative development, there exists a use for them, obviously a cartoon monkey is a pisstake, but as a concept they have loads of interesting applications

when i made $700 profit in ETH just to lose it all in one hour

>web.archive.org/web/20220615182119/https://www.cnbc.com/2021/08/18/ohio-man-guilty-in-darknet-bitcoin-cryptocurrency-laundering-conspiracy.html
>not a single mention of monero in the whole article

About what i expected. You do realise the IRS still offers a reward for cracking it, right?

Why is crypto a scam? This NFT is only $3k

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Where did you get your degree, user ? Meme university ? School of life ? Nigger