REDDITORS ARE LITREALLY KILLING THEMSELVES RIGHT NOW

THE CRYPTO DIEOFF BEGINS

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This seems to be a fucked up year for Cryptobros

rugging redditors was the greatest time of my life...i'll always look back and smile.

youtube.com/watch?v=VoTeudzQGTo

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Crypto is for turbo fags on steroids
THEY LITERALLY OWN NOTHING, and were told they'd be happy

HAHAH JEETS ON SUICIDE WATCH THANK GOD I HOPE THEY ALL KILL THEIR FAMILIES AND THEMSELVES IN DISGRACE

This wouldn't have happened if they invested in Sam Hyde's new NFT project MONDO MEGABITS

gee its only like these shitcoins only have value as a speculative asset instead of the currency replacement they were intended to be
gee its like these shticoins are backed by the USD, which is backed by nothing but hopes and prayers, aka jack shit

no one could have seen this coming

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>getting owned by peter schiff lulz

youtube.com/watch?v=A-Wa_TrfW68

if you're retarted enough to buy into something that promises you a free lunch, you deserve to get rekt.

First recession most crypto will go through.
When people need to start dipping into savings, they start liquidating, and thats ignoring the underlying market problems.

Everyone in bigger coins like bitcoin will be stuck holding a 4-8 year bag, worst case.
Meanwhile shitcoins can go under completely.

>decades of realizing that fiat currencies are garbage
>"I know!"
>"Let's make the ULTIMATE FIAT CURRENCY!"

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>holding your life savings in any CEX
ngmi

“Confidence in centralization has been lost.” Ya that’s the point of crypto retards. Some mother fuckers just want to ice skate up hill. Bitcoin is meant to be a unit of account that doesn’t inflate. Everyone wants to complicate that.

>putting your life savings into someone's get rich quick scheme (Celsius)
reddit tier retarded.
Also read the early life section for the creator of Celsius.

Not my problem.

Shouldn't involve yourselves in digital scams.

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You're not supposed to put everything you've got in to something.
Jesus these people are fucked.

Good, hopefully it gets worse

The guy running it is literally going to take his money, board a plane to Israel, and never be held accountable.

actually, all of the Mt Gox victims got paid. it was even better for them because, despite only recovering something like 50% of the bitcoin, it was worth well more than 5x as much as the previous ATH. so if you had 10 bitcoins on mt gox, worth $400-600 at the time it went under, the settlement gave you around 5 BTC, by then BTC was worth $6000 ea. You made out well.

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Everything is cheap right now. It's a good year for cryptobros.

This is why you only do futures

>Voyager and Celsius bankruptcies have destroyed some crypto investors' confidence in something you should never have fucking trusted
>confidence in something that completely goes against the philosophy of the product
>an inevitability is destroying confidence in a bad thing

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bitcoin should just be fixed at 1 dollar per coin
there i made it a useful currency

What is voyager and celcius? I barely know what bit-corns are.

based.
crypto degenerates deserve the rope

>Worded just ambiguously enough to imply he might be suicidal, thereby maximising upvotes, awards, and concerned normalfags in the comments.
Peak R*ddit.

Who the fuck is so dense as to put all their eggs in one basket?
I have investments everywhere, and as of right now the only ones that look promising is the money I put into non-perishable foods & ammunition.

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How hard is it to have diversified assets? If you can have assets, enough to lose, you should diversify.

Imagine marrying this kind of schmuck lmao

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I bet they don't even know about mtgox

Loool

All DeFi is a scam. Show me one DeFi project that isn't an obvious ponzi. Anything offering more than 6% is ridiculous.

I dont invest in crypto, i actually believe that those are worthless tokens whose only value is speculative, on top of that those are a threat to the environment.

But who in their right mind would place all his/her savings into a cypto-ponzi scheme like Celsius? nevermind NFT ponzi schemes like CryptoMines and axie infinity ( something that was promoted by mainstream media in my country )

I just fail to understand the hype surrounding this crypto thing.

Blockchain technology is the culmination of decades of computer science. The purpose for crypto was to prove out the veracity of the blockchain. A trustless decentralized ledger proving ownership.
Building centralized platforms that require trust on top of a decentralized system that doesn't require trust is the antithesis of the concept.

>Who the fuck is so dense as to put all their eggs in one basket?
i bet you put all your eggs in the USD asset basket

You got the before image?

imagine not selling at $50,000 a coin. What retards.

Should've bought material gold or silver, retards.

Funko pops are a better store of value than bitcoin. Bitcoins are nothing more than unique lines of code. They lack real value. What's worse is they are lines of code that serve no function. Cryptocurrency is a cult.

>REDDITORS ARE LITREALLY KILLING THEMSELVES RIGHT NOW
Don't kill yourself. Destruction of crypto was arranged. Work towards killing the people who harmed you instead of turning it inward. If you were considering killing yourself, you got nothing to lose.

Same people who rig all the econmic scams on the people are the people running this government and trying to genocide us and/or turn us into mind-controlled slaves.

Become a radical. Stop worrying so much about some outdated risks if you think life is over.

>centralized crypto
Who's stupid enough to actually fall for for this shit?

Putting all your eggs into one basket is a bad idea. Putting all of your eggs into the basket of cryptocurrency is literal insanity.

I wish all of /biz would off themselves while streaming in 4k HDR.

I love that someone out there seems to have thought "shit he might be suicidal, I know what'll solve this - Reddit silver!"

Funds are safu