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JimieWhaIes she/bitch An educated, strictly organic, ortho molecular aware patriotic princess  3yr ago (archive.is) Edited 3yr ago 721 thread views #4443

Actual-billionaire Mark Cuban pushed some magic bean: "in one day went from being valued around $60 to $0"

https://archive.is/tGTZv

#REKT

Cryptard discussion on reddit

"But surely OUR flavor of magic beans really are valuable, not like those silly worthless beans"

/r/IronFinance is ground zero for those who got reckt and most likely to neckt.

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I really hope crypto, and especially NFTs, fail and everyone who has money in them gets burned so hard they decide its costing less to take their own life 😎

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Tbh I still don't really understand the NFT thing.

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You can pay a lot of money for a JPEG. Other people can see that you "own" that JPEG, but it doesn't stop them from downloading copies.

That's it.

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Oh, I thought maybe once they bought it you couldn't use it anymore.

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This is the correct answer. The closest physical approximation is a collectible coin. Owning the coin doesn't mean you own whatever it signifies, it just serves as a nice little token.

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There's nothing to understand. It's a scam just like the rest of crypto.

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It's a #FLEX

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One day a government is going to have enough computing power to break crypto.

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Even though I got rugged on this, it's really on me for being lazy. The thing about de fi plays like this is that its all about revenue and math and I was too lazy to do the math to determine what the key metrics were.

"I really should have investigated this free-money-for-nothing scheme to see how the math worked..."

https://i.rdrama.net/images/1684130819178181.webp

Petition to charge idiots a fine every time they talk about their gambling habit as "plays".

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Crypto has now become the top signifier of whether I should completely ignore someone's opinion now.

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kek

Even when the team tweeted about the disaster and told their users to withdraw liquidity from all pools, they continued to take a % fee from those trying to redeem what was left of their money. Savage.

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About two weeks ago, DeFi stablecoins were being spammed all over subreddits talking about safe and great they were at fixed income. Needless to say, these were shocking events.

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I’m aiming this post at guys who are still in high school, or younger

Please leave this sub, delete your account, block the address, do whatever you need to do, to get yourself away from this sub, and any similar community.

Take a long break from anything like this, and go out and live your life, you don’t know it yet but you have such great opportunities if you are still in school, so many people (guys and girls) who are available to talk to, even become friends with. Girls are so much softer on guys in school, their standards are lower, and some will be open to speaking to you. You have the chance to be happy, please don’t throw it away before you’ve even left.

Snapshots:

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