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25964126 No.25964126 [Reply] [Original]

wrapped BTC overtakes BTC!!!!!!

>> No.25964169
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25964169

>>25964126
HOLY FUCK DAT MARKET CAP

>> No.25964204

>>25964126
Buy wrapped bitcoin now, because normies will see this soon and buy into the meme. EASY MONEY

>> No.25964218
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25964218

>>25964126
the absolute state of ETHEREUM

>> No.25964241

>>25964126
What

>> No.25964337

>>25964126
What does this mean?

>> No.25964379

>>25964126
What in Allah's name is happening

>> No.25964388

>>25964337
it means eth iS fucked

>> No.25964419

>>25964204
>He doesn't know what wBTC is or how it's price is generated
Go back

>> No.25964420
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25964420

>>25964126
based.

>> No.25964472

>>25964126
Holy shit that's some big numbers, I'm going all in on that shit!

>> No.25964483

>>25964388
Why does it mean they are fucked? New fren here and I dont understand what I'm looking at

>> No.25964585

Just put a premium on wbtc. If btc is 39000, wbtc is 39000(1.10). Problem solved. Suck a dick and kys

>> No.25964640

>>25964126
what is the difference between regular and wrapped?

>> No.25964670

Told you cunts to invest in Wrapped Bitcoin.
Ask a multi trillionaire anything.

>> No.25964686

>>25964126
FLIPPENING!!!!
ETHEREUM NETWORK WINS!!!

>> No.25964776

>>25964126
lmao what a fucking shitshow shitcoin

>> No.25964871
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25964871

>inb4 wrapped bitcoin becomes a world reserve currency
nvm it already is

>> No.25964877

>>25964337
nobody knows but number got big brrr funny coin

>> No.25965154

>>25964483
it is example #5743 of how shitty ETH is designed - specifically it's smart contract language Solidity. solidity gets fucked over on the regular by invompetent developers (most of what is being talked about when you hear how ETH has "all the devs") as well as skilled solidity devs who intentionally havk and exploitnshit solidity smart contracts. WBTC (all ethereum tokens) is a smart contract on Ethereum. people just lost insane fortune. the core devs of ethereum are amateurs and this is what you get when amateurs design programming languages. WBTC is now worth precisely ZERO

>> No.25965280

>>25964640
wrapped BTC is a representation of actual BTC on the etherem network. BTC on the bitcoin network is locked up and the wbtc is born. when you want to move back to the BTC network tje WBTC is burned and the original BTC gets ublocked on the BTC network. obviously the whole thing is fucked and as is the case with so much ethereum shitcode, always was fucked... and people with real money on the line just lost everything

>> No.25965348

>>25965154
>WBTC is now worth precisely ZERO
For real? I have all my networth in wBTC. I'd unironically rope if that happens

>> No.25965355

>>25965154
>blaming ETH and not blaming the shitty WBTC devs and their spaghetti code

>> No.25965424

>>25965348
sell now dude into eth or convert back to BTC, this is not a drill. Serious exploit.

>> No.25965437 [DELETED] 

>>25964126
lol so does this mean the Ethereum network will lose credibility?

>> No.25965466
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25965466

>tfw Jan 15 reveals WBTC is what has been “backing” tether all this time

>> No.25965509

Just a coinmarketcap bug, don't panic and don't sell your coins.

>> No.25965557

>>25965424
Jesus fuck ok

>> No.25965568

>>25965466
top kek wtf is going on

>> No.25965853

>>25965466
lmfao

>> No.25965918

>>25965557
Don't listen to these idiots, it's clearly a display issue.

>> No.25967075

>>25965918
I'm shaking and sweating right now. I don't want to make any dumb moves but to swap my wBTC I'd need to move it out of AAVE with horrendous GAS fees.
Money conversion seems to be okay, still displays the right price so I'll just leave it there. Please let it just be a CMC bug I'll unironically kill myself and livestream it if wBTC rugs

>> No.25967136

>>25967075

It's a display bug. Never forget there's a fuck ton of niggers here.

>> No.25967211

>>25967075
Check coingecko:
https://www.coingecko.com/en/coins/wrapped-bitcoin
Should be using that anyway, it's far better than cmc