Cryptocurrency

[Frozenbeernuts 1,878]

PAW is up big time the last few days. Man what a bottom that was. It's still way off it's high. Someone said they expect an ath this year. I don't see any way that happens. The high was like 100m. I do expect it to break that though this cycle. I think 1-5 billion is reasonable.

MOTHER has been creeping up. Iggy's casino goes live soon. One of the few non utility tokens having something built around it.

[Cdub100 3,668]

Celsius CEO pleads guilty to two counts of fraud. He faces a maximum sentence of 30 years, but my guess is he serves 7-10. 

 

[jonmx 2,118]

12 hours ago, easilyscan said:

A+

It don't matter.   Tim will not believe or understand.  Whatever the institution experts say is all he believes. 

[The Real timschochet 5,170]

3 minutes ago, jonmx said:

It don't matter.   Tim will not believe or understand.  Whatever the institution experts say is all he believes. 

I’m listening. I don’t know enough about this topic to form an opinion. I’m trying to learn. 

[Cdub100 3,668]

13 minutes ago, jonmx said:

It don't matter.   Tim will not believe or understand.  Whatever the institution experts say is all he believes. 

I don't know why you waste your time responding to him.

[easilyscan 705]

5 hours ago, Cdub100 said:

Celsius CEO pleads guilty to two counts of fraud. He faces a maximum sentence of 30 years, but my guess is he serves 7-10. 

When you mentioned Celsius in the past, I thought you were referring to the energy drink company. Yeah, I should've known you wouldn't mention that Company in a cryptocurrency thread. Anyway, good to see that the bastard is going to spend time behind bars.

Alexander Mashinsky was born in 1965 in the Soviet Union to a Jewish family. His family obtained permission to leave the country in the 1970s and later moved to Israel. 

 

[Cdub100 3,668]

6 minutes ago, easilyscan said:

When you mentioned Celsius in the past, I thought you were referring to the energy drink company. Yeah, I should've known you wouldn't mention that Company in a cryptocurrency thread. Anyway, good to see that the bastard is going to spend time behind bars.

Alexander Mashinsky was born in 1965 in the Soviet Union to a Jewish family. His family obtained permission to leave the country in the 1970s and later moved to Israel. 

 

Some of the Celsius executives fled to Israel to avoid prosecution... 

Greatest ally and all.

[Frozenbeernuts 1,878]

Holy sht Pawchain. I think it touched $23 mil

[nobody 2,448]

Xrp does the exact same thing as Bitcoin... Act as a token on a potential transaction network.

It's just owned and made by banks, so everyone hates it.

[Cdub100 3,668]

Flash crash down to 90k. I caught it and opened a 100x long at 93k

 

Wish me luck

[Frozenbeernuts 1,878]

2 hours ago, Cdub100 said:

Flash crash down to 90k. I caught it and opened a 100x long at 93k

 

Wish me luck

That's a good spot to be in for leverage.

[Frozenbeernuts 1,878]

2 hours ago, nobody said:

Xrp does the exact same thing as Bitcoin... Act as a token on a potential transaction network.

It's just owned and made by banks, so everyone hates it.

And Garlinghouse is a POS

[The Real timschochet 5,170]

Uh oh! Trump names David Sacks as his man in charge of Crypto. A JEW! 
 

@Cdub100 maybe you should think about bailing out now….

[Fireballer 2,585]

What’s this stuff about the Hawk Tua chick releasing a coin, then reportedly people losing their asse$ on it?  How does that even work?

[Frozenbeernuts 1,878]

22 minutes ago, Fireballer said:

What’s this stuff about the Hawk Tua chick releasing a coin, then reportedly people losing their asse$ on it?  How does that even work?

Either her and the launch team pump the price then dump their tokens on people, or the dev is a scammer and sells without her knowing. He may tell her that the launch is going to go one way, but then he does something completely different. There's one guy in particular who is behind most of the celebrity coin rug pulls.

[Cdub100 3,668]

8 hours ago, The Real timschochet said:

Uh oh! Trump names David Sacks as his man in charge of Crypto. A JEW! 
 

@Cdub100 maybe you should think about bailing out now….

A jew in charge of finance... Don't you cry about anti-semitism when people notice these things?

[Fireballer 2,585]

2 hours ago, Frozenbeernuts said:

Either her and the launch team pump the price then dump their tokens on people, or the dev is a scammer and sells without her knowing. He may tell her that the launch is going to go one way, but then he does something completely different. There's one guy in particular who is behind most of the celebrity coin rug pulls.

How does one even decide to launch a coin and accomplish it?

[Cdub100 3,668]

3 hours ago, Fireballer said:

What’s this stuff about the Hawk Tua chick releasing a coin, then reportedly people losing their asse$ on it?  How does that even work?

There's a couple of ways a meme can be launched. The fair way is to release the coin and lock the coins the Devs/owner owns. You let the coin grow and eventually, the devs can sell during unlock periods. The way they spread the coins before launch matters too. A good project would do something like 5% devs 10% Presale, 10% early sale, 5% other owners, and the rest for the public. With the devs and owners only allowed to sell a certain % months or years later.

There are couple of ways to rug.

The most common is yanking the liquidity pool. When you launch a coin, you create a liquidity pool so people can buy it. When the cash side of the pool gets big enough people pull all the cash out so people can't sell thier coins and it crashes the price

The second most common is what the hawk team did which is lie about locking up their coins. As the coin launched and started to grow they were selling their locked coins. People can see this because it's all on change. We can see their wallets and where they send them. 

[Cdub100 3,668]

13 minutes ago, Fireballer said:

How does one even decide to launch a coin and accomplish it?

It's super easy to launch. It's harder to build a community to back it.

You code the coin which is super easy these days. Especially on pump.fun

You then need to build a community to buy it.

Then you need to create a liquidity pool on an exchange like jup.ag

Launch

Then of course you have to rug everyone.

[Fireballer 2,585]

1 hour ago, Cdub100 said:

It's super easy to launch. It's harder to build a community to back it.

You code the coin which is super easy these days. Especially on pump.fun

You then need to build a community to buy it.

Then you need to create a liquidity pool on an exchange like jup.ag

Launch

Then of course you have to rug everyone.

So basically they had built the following  thru the Hawk Tua and podcast stuff, and saw an opportunity to exploit the rapid fame?  Are you familiar with Taylor Mathis and what she did a few weeks ago? Same M.O. I assume?

 

https://www.covers.com/industry/draftkings-ambassador-taylor-mathis-accused-of-manipulating-cryptocurrency-oct-28-2024

[Cdub100 3,668]

1 hour ago, Fireballer said:

So basically they had built the following  thru the Hawk Tua and podcast stuff, and saw an opportunity to exploit the rapid fame?  Are you familiar with Taylor Mathis and what she did a few weeks ago? Same M.O. I assume?

 

https://www.covers.com/industry/draftkings-ambassador-taylor-mathis-accused-of-manipulating-cryptocurrency-oct-28-2024

I assume the girl who got famous telling everyone how to suck isn't smart enough to mastermind the rug pull. She's probably innocent. The Devs are the people who did this IMO.

No idea about Taylor Mathis

[Cdub100 3,668]

1 hour ago, Fireballer said:

So basically they had built the following  thru the Hawk Tua and podcast stuff, and saw an opportunity to exploit the rapid fame?  Are you familiar with Taylor Mathis and what she did a few weeks ago? Same M.O. I assume?

 

https://www.covers.com/industry/draftkings-ambassador-taylor-mathis-accused-of-manipulating-cryptocurrency-oct-28-2024

 

 

[Frozenbeernuts 1,878]

The only celebrity coin not to rug is Iggy Azalea's coin MOTHER. I think it's going over $1 billion this cycle.

[iam90sbaby 2,291]

On 12/5/2024 at 11:37 PM, The Real timschochet said:

Uh oh! Trump names David Sacks as his man in charge of Crypto. A JEW! 
 

@Cdub100 maybe you should think about bailing out now….

Dude, go away lol 

[jbycho 171]

On 12/5/2024 at 11:37 PM, The Real timschochet said:

Uh oh! Trump names David Sacks as his man in charge of Crypto. A JEW! 
 

@Cdub100 maybe you should think about bailing out now….

Racist. Soon to be bannorated. 

[The Real timschochet 5,170]

1 hour ago, jbycho said:

Racist. Soon to be bannorated. 

Love how I get attacked for pointing out the biggest anti-Semite and bigot in this forum (though @iam90sbaby is certainly a close second.) 

It’s also interesting that all of the racists and conspiracy nuts seem to love this crypto stuff. Is there some kind of message in this?