The Crypto Scammers Finally Lost... 

soggy

First

Soggy water 😵‍💫😵‍💫

🗿🗿

Ringo starr of The Beatles just started a NFT collection 💀

Best description of that face😂😂😂

Mayfair for those British folks.

Is this a GTA reference?

@@ALMOSTNKKD The original GTA tbh

@@BertMagurt Ah ok. I know nothing of GTA but it sounded like one

That’s why Madoff went to prison. He scammed the wrong people

@@MrRenegadeshinobi He did the right thing. Good lad (I don't know who that is)

I mean, you scam enough of the wrong little people and they'll make noise and you'll get in trouble. But yeah, wanna know why it's easy to get away with scamming the impoverished and the mildly well off? Because the rich are already doing it. They just can't handle being on the receiving end.

@@DeaDiabola He was one of those "wrong people", but they needed scapegoats for the recession in 2008 and he was there. By pinning the blame for tons of market failures on him, countless other banksters had their own scams swept under the rug.

That's probably the best description I've heard yet.

wait we talkin' crypto here or federal reserve?

@@musek5048 TBF, regular money you can actually hold someone (usually the government) legally accountable. You can't really do that with crypto

@@musek5048 Paper currency holds value because of taxation. The govt prints the supply and to create demand they invent taxation. This has always been money in central banking regardless if the money was pegged to gold or not. We figured out after WW2 that limiting ones money supply limits their economic activity hence the decoupling and the creation of the petrodollar to keep the US dollar the global currency and propping it up with more demand.

PnD are rarely if ever backed by commodities (such as gold). Usually they sell a concept and either fail to deliver or the concept is fundamentally worthless. Or they just create a token that is overtly a PnD (think tokens with names like ObamaSonic10SquidAmogus) and people join in, hopefully knowingly, and play a game of the longer you stay the more you earn but the riskier it gets.

why make money irl when you can just role play as a rich person in a shitty version of vr chat 😎

The fact that they’re crashing and burning makes me immensely happy

Yeah well the Rich can afford top lawyers. Someone who has had all there money scammed can't.

Sounds just like lottery tickets

@@justanotherperson7774 yep

Lol stay poor dude. I'm sure your stocks and fiat are holding value just fine 😆

@@buckbreaker5185 found the loser cryptobro

@@buckbreaker5185 lol you will be homeless before 25 lol

@@buckbreaker5185 Sounds like you are coping pretty hard. You must have invested before a crash, must be hard having the same amount of brain cells as fingers.

@@TheDragon975 no one is coping expect the idiots that bought the top 💀🤡 Come back next bull cycle I’ll sell the bags I buy at the lows

Crypto is essentially just an interesting tech with plenty of potential, being abused for scams since its so relatively new and ungoverned. Its a wild west that needs to be learned and tamed.

I'm convinced the whole concept was developed to create the current dark web as we know it. With some good branding, they managed to get enough people on board to give it value in the fiat world, making it a viable currency for people needing to anonymously move monetary value around. Satoshi Nakamoto could be a God among men if he came forward. Fame, money, power, basically everything everyone wants, he could have with a single tweet, yet he remains anonymous. It makes you wonder, what's keeping him silent?

Dont sleep on it. Crypto in concept is actually quite fascinating. Just a ton of people taking advantage of the unknown and people FOMOing which results in these scams happening. Its like with phishing emails. Before, a lot of people fell for them but now overtime even the elderly people start to understand whats going on and so wont fall for them. Hopefully in the future there is going to be a way to stop the scammers and actually create a nice way for crypto instead of a gamble you take today.

@@jimmy5516 he's a fed.

@@jimmy5516 Of course, it's relatively new technology, just waiting to be abused with lack of laws. I'm not against the idea of crypto, as a currency everyone in the world can use without having to change from say yen to the Canadian dollar is a great concept. Just gotta get the scammers and alt-coin idiots outta there

Cuanta experiencia tengo?

@@softsilkentofu you’d think after the first few rug pulls people wouldn’t trust them

@@softsilkentofu honestly i'd say it's been getting old

Some people just deserve to get scammed

@@deputydrip4520 you ain’t wrong

Same XD

Clown, they said that in 2017 too not our fault there’s dumb people there investing

this is like the 4th time the entire crypro market imploded. It will eventually rise to new high, with battlehardened projects still sticking around. 99% of crypto is a scam and will die out when prices are low for long enough, however come back during the next bull cycle

@@mephistoss238 yea come back next bull market I’ll sell my bags at the top again to fools like Uknown Variable lol

accumulation phase.

@@NeoSpacian1237 i'm with you, cost-averaging, waiting for the dumps and day trading. Do not leverage or buy rugcoins lulz

Yes

Same

its just an opportunity for investors to invest since it'll go back sooner or later which means profit. plus not only crypto went down but a lot of markets so like...ye

Amen

It's not really dying though. All that horrid NFT hype is dying down as everyone is now realizing that it's 99% scams. If you're interested in the market this would be a nice time to start building positions as devs are now in that "bear market mindset" where they work on tech for the reveal when the market picks back up. There are many good projects out there but honestly most of them don't have a reason for existing. I have not been scammed or rugged yet but what do I know?

I’ve seen this *exact* comment twice already

@@0451A damn. Good point

More like NFT's are what Ubisoft games have become. Fake, half-assed and too expensive for their worth.

@@txsurvivalandcreations careful. We're watching a copypasta being born

The only Ubisoft games i have is rayman legends and assassins creed black flag

lmao what? if anything scams are less common now I still remember those inu tokens created every single minute when BTC was 60k

Some low-life highlander shit for sure

Nah, too many powerful people have too much riding on crypto to let it tank without a fight. You really think North Korea and Russia are going to let this money-laundering cash cow die? Or all the drug lords depending on it for their dark web businesses? Or Elon Musk's massive ego? No way.

Why would anyone put money to tell people to stop being massive idiots. Nobody's gonna do that.

mootahar

My friend buys stuff with his btc but you have to run it thru coinbase or whatever.

@@HerbanFarmer420 that’s why BC is like a million times more valuable than any other coin.

Some still have a chance / potential place in the future. 99% won’t survive though.

I mean you could back in the day it was just drugs

even funnier: that specific NFT granted copyright so Green would probably have to watch how the thief would be getting his royalty checks

How do you determine undervalued and overvalued?

@Zahair O'Brian I do not know much about the market but based on the little knowledge i have on economic supply and demand, this is the best time to venture into the market the only thing holding me back is the steady fluctuations in prices which is not supposed to be a problem, but i really need guidance because i want to use this avenue that everything is on discount to build a dividend-yielding portfolio.

@@johnlennon232 I'd say, invest in good projects and DYOR if you don't understand, Dollar-cost average instead of going all in at once, so as to give you a good value for your money. Also, I'd recommend seeking a proven fiduciary Financial-Advisor who will guide, and show you the ropes as you are just starting out. I mean the likes of *''Eileen Ruth Sparks"* just like I did.

@@jameswood9772 How can i reach this person because i am in need of a better investment approach.

@@johnlennon232 Just look her up online to get in touch with her, her details are provided on the Web.

I'm right there with you lol

same, though my 70 year old mother seems to think she needs an "eneff tea"

I use both

you think that's money in your wallet? so gullible. you dont understand your own currency any better than you do crpyto, you are just forced to use one vs the other and have rationalized a way to mentally deal with that

@@mossbogger8366 a dollar's a dollar, stay mad

only like 5 have any value in the real world

Too bad you lost money, you’ll be back when the hype comes and I’ll sell by bags to clowns like you at the top, well played

consider this... all the scams and funny business that goes on with your nations currency doesnt get reported, because there's no evidence that can be easily linked to the criminals based on the secrecy and control around currency supply. so there's no news on that, but there is news on cyptos getting cracked and people busted for schemes... because you can actually trace things back that way... so believe it or not all the "bad" news you hear on crypto is a good sign while the lack of any bad news around your own nations currency should really have you worried

Some are better then others, I can see how crypto could be a better fiat currency. Just got to purge the hype.

exactly what research was this?

Don't do this but couldn't you kinda make profit from flipping it within hours of buying

funny that.....scammers always seem to concentrate around sources of actual value

@@Edaurd I guess if you were careful, it could be done. Watch few to get the feeling for when to pull out, don't get greedy.. Could be even fun if you have money to waste.

Leukemia coin has me dead

Well, so leukoin has you dead? Makes sense

Lol stay poor. I'm sure your stocks and fiat aren't losing value by the second lol

@@buckbreaker5185 I lost brain cells from reading that, repeat that?

@@jarotheboar8398 considering that exact comment from that exact "person" was on another comment, I don't think they're programmed to lol

@@Scorialimit ah ok

Maybe pl

Thats because that would be relevant and useful information, and that is not at all what they care about

@@Dre2Dee2 I know that I was just pointing it out

sounds more fun than making a million dollars

@@camraid9 how much have you made?

Agreed. I'm a finance major at college (junior so 3rd year out of 4) and everyone around me pretty much tried to pressure me into buying cryptos and nft's. Guess who's laughing now

*VICTORY!*

@@camraid9 have fun losing money lmao

Big L for them

Amen

If only Destiny 2 was actually any good.

@@bfgfanatic1747 agreed, horrible game

@@arandomguy2097 yep

And the stores shall restock their shelves with PS5.

Andy is on super drugs.

@@nategomes1719 sometimes I think that, sometimes I think he's just a weird dork. I actually like him, but I don't like that he's been pushing NFT's. I get the logic behind it, make a quick buck burning some people who probably aren't even fans of his anyway, but at the same time I don't think it's the right thing to do necessarily.

NFTs

Nope

The rich aren't human, why would you feel bad?

@@vroomcar6328 pot calling the kettle black

@@drflannelxd904 "The rich aren't human" *sniffs* Smells like unemployment in here.

I bought that token, sold a few days later and made some profit. Yes, some people lost money on that scam but some others didn't, in fact they made some profit. But of course that's beyond your understading. Finish your college and buy some bitcoins when it hits 100k.

@@marciaquispe4472 lady, with all due respect, I would never have the money to buy those things. I could barely afford the things that I should do now and I worked 2 places already. Sorry if I was an idiot and not understanding how the whole thing worked, but as far as I see em, I don't need this.

Same...

Not really, a coin will boom quickly, but pretty much on release, and I don't really care about any of the non-major coins in terms of a currency, the rest of the coins are just money makers.

It's not that easy. You need artist, you need shillers, you need good logos and a nice name. You need to take advantage of the current situation (example: moneky pox.) Of course you can pull something like that but as I said before, you will also need some kind of help.

@@marciaquispe4472 you make a good point- OKay so its not stupidly easy but like relativley easy with some help

kinda correct there wont be many coins left in a few years you just have to pick very good and you can make alot, even i made some decent money as a 16y old off crypto by playing my cards right

Hope you're feeling better fr now, man

Muta's thumbnail was precious, but I am an almost 52 year old mom, so I am not trying to be creepy! lol

Thats always been Mutahars thing though. Spouting the most surface level and milquetoast takes humanly imaginable to appease his fanbase of drooling halftards

Care to explain?

@@johnr797 most companies that have issued stock issued more stock than what the company's total asset value. For instance, Tesla, Facebook, and etc...

@@johnr797 I'm no expert so take this how You want. You like slots? Gambling where the house sets the odds. When companies that are supposed competitors but the boards of directors share similar members. When companies give money to the people that enact policy and regulation. Theres more to it than that obviously...but its not a fair game. Now this doesn't mean investing in good ideas and new businesses is bad (its actually a very good thing) its just the way its currently set up. Or capitalism isn't (too) bad but capitalist pigism is (really) bad

@@henrydillard6217 most companies? The majority of publicly traded companies? Really?

@@paticusmaximus12 of course there are bad actors, but people don't found fake companies, have an IPO, then fold the company and steal everyone's money with no consequences.