Crypto Sponsorship for the AFL - and now NFTs

[Chief]

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[Chief]

View attachment 1399425

New retail investors lose heavily because they buy after media attention and don't take profits on the way up, then refuse to cut their losses because of sunk cost fallacy.

The media, con artists, and shills bear no blame?

 

[Chief]

you shouldn't need to be told that putting most or all of one's capital into any one thing let alone something speculative it very, very foolish.

You're not a fan of financial education?

There was a system in place that assured everyone this was not speculative, was a sure thing. The idea of stablecoins is "we have a system that makes this safe".

Greedy people are easiest to con, but the con artists don't shed responsibility for being the con artists.

A materialistic world that lies to people saying "work hard and you will get there" bears responsibility.

Greed is bad. Taking advantage of people's ignorance to rob them of their future is inexcusable. Governments ignoring the rampant criminality in this sector so their high finance mates can rip people off is disgusting.

 

[jim boy]

crypto.com share price on announcement of AFL sponsorship - 43 cents. Today - 19 cents. And on a steady downward trajectory.

This sponsorship is going to slap the AFL in the face like a wet fish

 

[blues4flag]

It's disgraceful that sporting institutes world wide are accepting such prominent investment from what is effectively gambling. The only difference between crypto.com and Sportsbet is that, at least with crypto.com people can delude themselves into believing that it isn't gambling to bet it all on SafeBabyPuppyCoin.

 

[Chief]

crypto.com share price on announcement of AFL sponsorship - 43 cents. Today - 19 cents. And on a steady downward trajectory.

This sponsorship is going to slap the AFL in the face like a wet fish

The AFL killed crypto!

 

[LongBombFromOutside50]

crypto.com share price on announcement of AFL sponsorship - 43 cents. Today - 19 cents. And on a steady downward trajectory.

This sponsorship is going to slap the AFL in the face like a wet fish

It honestly wouldn't surprise me if Crypto.com goes bankrupt. Some fairly big red flags appearing recently

 

[Blue and Silver]

Well...

I kinda feel bad, hope nobody who was in here lost out.

On SM-A515F using BigFooty.com mobile app

 

[LongBombFromOutside50]

Well...

I kinda feel bad, hope nobody who was in here lost out.

On SM-A515F using BigFooty.com mobile app

The real chads who are in here are waiting patiently to accumulate sir

 

[Chief]

Buy the dip? I actually thought about getting Eth because... people are idiots and it's the most well known to the commoner after Bitcoin I think.

 

[Chief]

It honestly wouldn't surprise me if Crypto.com goes bankrupt. Some fairly big red flags appearing recently

Needless shitpost:

Being involved in cryptocurrency being the biggest of the red flags.

 

[seasonedsainter]

This thread is embarrassing. But what would you expect from turbo-cringe captain and bf wisdom-ati. Love live bitcoin, ethirium and the wild west of crypto!

 

[Kram]

 

[dogs105]

Buy the dip? I actually thought about getting Eth because... people are idiots and it's the most well known to the commoner after Bitcoin I think.

eth-dog ?

 

[Chief]

eth-dog ?

His price is rising!

 

[Chief]

Discussion of crypto by the inventor of Dogecoin at 1:18:00 -

• Doge was a joke made in 4 hours as a find and replace on Bitcoin software.
• Crypto is not decentralised
• Crypto can't do the things people claim it can
• It does not scale to mass adoption
• It was a currency, then it was "digital gold", then it was NFTs, decentralised finance... it's just crap that takes on new forms to rip money out of people.
• coin base has a "gambler training" system to hook people, with free trading in new tokens. Later they charge trading fees.
• big finance loves it because it is unregulated for now.
• It's a Ponzi scheme.
• people used to tell him that no it's not a Ponzi scheme - now they agree but don't care because "everything is a ponzi sceme"

And so on. I'm just on my phone watching it. It's interesting.

 

[Cotchins Hair Piece]

Getting rich via dumb people, not new. You can only sell your crypto when someone else is willing to buy it from you. I love dumb people.

Looks like I was correct, again.

 

[Chief]

Looks like I was correct, again.

You should have gone on one of the dozens of podcasts and YouTube channels saying exactly the same thing. Best way to make money from crypto!

 

[ray1984]

I really feel bad for people losing big money in this crash.

There will be knock-on effects in family break ups and worse.

One crypto enthusiast has lost a whopping $650,000 while another is seriously in debt after taking out a $430,000 loan to buy the coin

https://www.news.com.au/finance/markets/world-markets/cryptocurrency-crash-sees-man-loses-650k-life-savings/news-story/183fef63537f24376a1e465021687df9?utm_campaign=EditorialSB&utm_source=news.com.au&utm_medium=Facebook&utm_content=SocialBakers

Crypto has become the new stocks market but the Wild West version. The bigger gains and looses are used to suck peoples emotions in

 

[happy_eagle]

 

[Chief]

Jesus.

What they need is some sort of central registry that enforces the rights of owners of intellectual property.

 

[happy_eagle]

Jesus.

What they need is some sort of central registry that enforces the rights of owners of intellectual property.

Might be a blessing in disguise that his NFT Show never sees the light of day.

 

[ExpatAussie]

How does one conserve Digital Energy?
How does one engineer a deflationary monetary system?
How can one become their own bank?
How can we avoid Government and Corporate interference in commerce?

 

[ray1984]

​

How does one conserve Digital Energy?
How does one engineer a deflationary monetary system?
How can one become their own bank?
How can we avoid Government and Corporate interference in commerce?

Not to worry the WEF is on to it

 

[HairyO]

Everyone knows you dont click on the ads on Pornhub.

 

[Kram]

lol at 4.55