Well, that was anticlimactic!
Unless you live in a cave like @cmmemes does, you have probably heard of the whole FTT / CZ drama.
Anyways, I just returned from a walk to this
Well... That was anticlimactic 😂
BTC immediately up, bnb up, positive vibes etc etc. Looks like the future of crypto belongs to cz and binance, which will possibly soon be the biggest bank of the world.
Decentralization much, very wow.
I wouldn't count on a bull market anytime soon though. People all over the world struggling to pay essential goods,I doubt they will be in the mood to buy your shit bags 😂
Plan is still the same for me. Shitpost on hive, make a few trades on the occasional pumps and enjoy the shit show. I have a feeling there are more dramas to come 🍿😂
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I'd like to take this opportunity to say:
I Said This First 😂
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Lol
Wait up, so you're telling me that FTX was out there buying all the bankrupt companies only to be bought by Binance? The fuck?
Binance will buy you too soon
Lol, he'll have to catch me first.
Binance is a big company. It's taking over so many things, like a monopoly !
Don't worry @cmmemes I also live under a Rock and didn't know.
So is Binance buying FTX or just helping them out?
I enjoy my cave, it confortable :P Also I was hoping for some more drama so I can pick up some cheap BTC and Hive
More pain to follow for sure since FTX seems to be very deep in insolvency. Alameda and FTX seem to have misplaced some $3B which is insane when you think about it.
From what I'm reading on Twitter withdrawals are halted and communication is kept at a minimum. This announcement seems to be damage control for the sake of the whole market.
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🍿
Well, one would say, it's another CZ to the rescue moment in Crypto. It's quite crazy though. What project might pull the terra again.
https://twitter.com/904656441772007424/status/1590040154412003328
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I mean I guess that's one way to take over a company. I'm sure the SEC would have something to say about it all lol but this kind of dog eat dog world with decentralized crypto is sure to see a lot more of this.
I don't expect bull anytime soon too but this the time to build. Binance is becoming to too big for one person
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Think I'm happy to stay out of the drama! But, doesn't bother me if it's a case of slow and steady.
Like very very wow... I guess you saw already that the market dumped to $18,500. Let's see if it holds...
Decentralization... Satoshi must be spinning all over in his coffin right now.
Hive is a solid pillar for anyone's portfolio if invested in the early days, now it pays off. I simply cannot explain why from all the other assets that I hold (except Ethereum), I am most thrilled about Hive and the way this entire ecosystem is rewarding us and offers ground-floor investments (like Speak Network).
Bought FTT at 22$ yesterday,
works out!
The tide is still going out, more wrecks being revealed soon.
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I'd be happy to rent a room in the cave since Hurricane Ian ruined my last crib!
Shit just got real xD
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seems like a nice strategy.
I wonder if the price drop in BTC was a reason why. Either way, it does look like the crypto exchanges are being gobbled up one after another.
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😂😂😂 you are legit something else
No doubt my friend, I recommend to be patient, we see this all the time in different cryptocurrencies and different exchanges, total madness, but more of the same everything will stabilize, the price will go up again, profits are taken and more of the same. what I do know is that there is a pretty big accumulation that will explode at any moment and that will be our moment.
Well. This post is now your badge of priescence, as you almost predeicted the next shit show, as CZ pulled out of the FTX rescue and crypto lost FTX.. a mixed blessing/curse for sure, but it made Bitcoin cheaper, so it's not all bad.
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