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49823397 No.49823397 [Reply] [Original]

https://www.theguardian.com/technology/commentisfree/2022/jun/19/the-crypto-crash-all-ponzi-schemes-topple-eventually
> One week ago, as cryptocurrency prices plummeted, Celsius Network – an experimental cryptocurrency bank with more than one million customers that has emerged as a leader in the murky world of decentralized finance, or DeFi – announced it was freezing withdrawals “due to extreme market conditions”.
Real economists have predicted this crash and are still laughing at you /biz/. How are you coping?

>> No.49823536
File: 191 KB, 1080x1023, robertreich.jpg [View same] [iqdb] [saucenao] [google]
49823536

>>49823397
>very day of the bottom(confirmed by snope's fact-checkers, fuck off bobo)
>resident goblin jew declares it's over
like clockwork

>> No.49823578
File: 217 KB, 1056x1500, clinton's_onahole.jpg [View same] [iqdb] [saucenao] [google]
49823578

>you just know
https://www.youtube.com/watch?v=lrRmgbchiGY

>> No.49823620

>>49823397
>Celsius
>DeFi
what a fucking retard, or just a liar

>> No.49823639

>>49823578
I don't know where I saw a montage of pictures of him with this music https://www.youtube.com/watch?v=v8UVBgUd9GE
One of the hardest keks I've had. Shame I didn't save it.

>> No.49823652

>>49823397
public opinion is really turning on crypto. the cbdc must be coming soon.

>> No.49823688

>>49823652
No, the collapse of the european union due to italian bonds is coming soon.

>> No.49823709

>>49823397
>(((Robert Reich)))

>> No.49823730

This is just some low hanging fruit for all the middle class lefty students that read the Guardian and hate crypto.

>> No.49823772

>>49823397
laughing all the way to the bank with the money crypto and shorting bank stocks got me

>> No.49823784

>>49823730
it's basically shilling for the statist inner party.

>> No.49823873

>>49823639
that song, it fits him perfectly. Generally speaking, I like short people, in fact I often play halfling or gnome type characters in rpgs, but fuck RR he is a giant piece of shit. I hope he dies in a humiliating way that emphasises how short he is, and his gravestone should be smaller than everyone else's because you just know he is a insecure manlet.

>> No.49823906

kek, I thought that photo was Peter Schiff for a second

>> No.49824129

>>49823688
>the collapse of the european union
Nohing would bring me more joy. I'm not even being hyperbolic when I say I would cry tears of joy.

>> No.49824162
File: 111 KB, 1000x1250, 736362-20090128-reich.jpg [View same] [iqdb] [saucenao] [google]
49824162

>>49823397
reminder that robert reich is a turbo manlet

>> No.49824223

>>49824129
hey cmon now man

>> No.49824263

>>49824129
oh it's happenng laggarde will have to choose between cascade default and boomer pensions collapsing or destroying the euro and trying to save the trade union

The die is cast at this point, next year will see insane energy and food inflation leading to chaos worldwide and if she rises rates to save the euro it will kill southern euros

>> No.49824288

>>49823397
very stronk buy signal

>> No.49824316

>>49823397
Can someone explain why Leftist's shill so hard against crypto? I keep hearing about muh environment but I feel there's a hidden motivation behind their hatred of decentralized currency.

>> No.49824341

>>49823536
What in the living fuck

How does someone seriously type 'dictators love the internet uncontrolled'

>> No.49824343

>>49823536
>Why is thinking something economists never do?
>Why is logic never even tried?

>> No.49824376
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49824376

>>49823397
we are getting pretty close to bear euphoria

boomer friends of my parents are sending each other CNN articles about "le crypto markets reaching new all time lows" etc.

I mean if this were happening with the opposite circumstance (zoom zooms/boomers sharing articles titled "CRYPTO REACHING ALL TIME HIGHS! BUY NOW BUY NOW!") I'd be shitting myself and clicking the sell button until my finger fell off

>> No.49824407

>>49823536
anyone against elon musk has my vote

>> No.49824435

>>49823536
This cant be real. It's the exact opposite. Dictators want less freedom, not more.

>> No.49824461

>>49823536
Kek @ 'uncontrolled' internet is a dictators dream
imagine people reading that sludge and believing it

>> No.49824467

>>49824316
They hate it because it’s independent of government control, basically

>> No.49824503
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49824503

>>49824341
>>49824435
You morons never heard about Popper's Paradox of Tolerance? Dictators love "freedom of speech" because it allows them to spread their propaganda.
Without Weimar's Republic "freedom of speech", Hitler wouldn't have been elected in 1933.

>> No.49824616

>>49824503
>You should never have free speech, because a dictator could use it to gain power by telling people things they want to hear but that I don't want them to.
>Then when he gets into power, he'll oppress people and take away their freedoms! That's why we must deny you freedom, because it could be taken away by someone else.

>> No.49824642
File: 46 KB, 292x257, 40 keks.jpg [View same] [iqdb] [saucenao] [google]
49824642

>>49824503
fucking kek

you're trolling but people who really believe this stuff need to be taken out back and shot in the head. Only then can we begin the discussion on tolerance

>> No.49824662

>>49823397
Not a ponzi.

>> No.49824671
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49824671

>>49824316
subconciously they know that central banking is the only thing that keeps modern leftism powerful, otherwise corporations would have a lot harder time of getting plebs to buy their bullshit

>> No.49824705

>>49824162
That’s ultra manlet to you

>> No.49824720

>>49823397
Celsius isn't DeFI
Reich is a washed up retard

>> No.49824760

>>49824316
They are unable to enforce their utopian liberalism if people are financially independent from them. The same applies to small businesses, home schooling - virtually anything small or large that operates independently from their cathedral.

The environmental criticism for crypto would be the easiest attack vector for the midwit middle class types to swallow up and repeat.

>> No.49824785

>>49824503
Are you fucking retarded?! The nazis had a ministry of propaganda and secret police that investigated ppl for speech they didn't like.

>> No.49824817

>>49824316
They believe the government should be in control of everything. The whole point of Bitcoin is to be beyond government control. It’s an existential threat to their ideology because if they lose control of the money supply then they lose control of the people.

>> No.49824833

>>49823536
can read em like a book now.

>> No.49824875

Uhhhhh usd bros???? Were safe r..right?

>> No.49824898

>>49824503
karl popper isn't even a midwit, he's an actual moron

>> No.49824937

>>49824785
That card was clearly made by the kind of person who thinks that free speech just means being allowed to talk shit about minorities

>> No.49824941

>>49824288
checked
40k by July

>> No.49824988

>>49824671
whoever made that needs to seek help

>> No.49825005

>>49823397
So the banks are gonna topple any day now?

>> No.49825104

>>49824898
Popperian hypothesis testing (the thing ALL of sociology, psychology, pedagogy, political "sciences", etc. are based on) is completely obsolete and inherently biased. Scholars are just too dumb and lazy to use Bayesian testing.

>> No.49825199

>>49824503
Banning speech doesn't make people's ideas go away, you just leave them with no option of expressing themselves peacefully. That picture is completely inaccurate btw, the Nazis were lambasted by the newspapers and press all the time in the Weimar Republic, and the entire reason the brownshirts even existed in the first place was because commies would constantly physically attack them at their meetings and speeches, modern antifa are the exact same as those old commie groups and groups like Proud Boys or Patriot Front are the new brownshirts. Most Westerners are not naturally inclined towards favoring dictatorship, modern dictatorships in the West like Hitler, Mussolini, or Franco literally only arose because the Jews destroyed morality and the economy just like they're doing now. Do you really want to play this game again? The West will never ever be Communist, Conservative white men will always destroy you soifaggots and your Jewish masters. But you still have time to save yourself, just drop this "paradox of tolerance" shit and bring back having rational discussions.

>> No.49825314

>>49823397
what annoys me about this article is that he goes into length outlining the consequences of no regulations on the STOCK MARKET, and then concludes only that the CRYPTO MARKET be regulated. Frank-Dodd is a fucking joke and our economy at large is the wild west, we should apply regulations to more foundational, less exotic markets first

>> No.49825330

>>49823397
Ok I'm officially going long. This must be the bottom indicator I was looking for

>> No.49825382

>>49824263
You don't think they'll quite happily kill southern euro countries to prop up the scam for a few more years? Kek vtheyll sell everyone outside of France and Germany down the river if they can

>> No.49825384

>>49823397
This that dude that supports building high density housing everywhere, but when they tried to build it next door to him in Berkeley he went Apeshit?

>> No.49825441

>>49823397
>crypto
>ponzi
is this the quickest way to identify a retard? immediately screaming that you don't know what a ponzi is a very quick way to completely discredit any opinions or input from these retards

>> No.49825476

>>49825382
>You don't think they'll quite happily kill southern euro countries to prop up the scam for a few more years? Kek vtheyll sell everyone outside of France and Germany down the river if they can

That will mean hyperinflation and even posible starvation next year, literally no diesel for farming and stuff like that, really cute stuff.

>> No.49825561
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49825561

>>49824376
>iamsilly.jpg
wow good work. diamond hands! all you need to be rich is a smartphone app!

>> No.49825632

>>49825441

Yep, anti-cryptof fags are literally worse than the typical bitcoin-guy that won't stfu about crypto. Its is impossible to reason with them because they just reflexively go off into tangents about ponzi schemes, pyramid schemes, "GOING TO FUCKING ZERO," destroying the planet, scams, monkey jpegs, they just don't fucking get it at all but are so stubbornly confident in their stupidity.

>> No.49825712
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49825712

>>49823397
>topple
More like top zozzle

>> No.49825864

>>49824503
Every government is a dictatorship

>> No.49826291
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49826291

>>49825712

>> No.49826470

>>49823772
So about negative 80%? Lmao

>> No.49826497

>>49824503
>the truth is dangerous so we need to murder those who speak it
imagine smugly thinking this will win over people to your side

>> No.49826498

>>49825632
Bitcoin is, by definition, a ponzi scheme though

>> No.49826529
File: 400 KB, 800x1000, Karl Popper Paradox of Tolerance edit 1 1632057255747.png [View same] [iqdb] [saucenao] [google]
49826529

>>49824503

>> No.49826551
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49826551

>>49823536
>freedom of expression and lack of government intervention is a staple of fascist totalitarianism
Holy shit, I hate leftoids with every ounce of hatred in my heart.

>> No.49826644

>Wild west in 1920s
>Federal reserve was created in 1913
It's always projection with these people. The federal reserve system the ponzi rigged by insiders.

>> No.49826690

>>49823397
>all ponzi schemes
Lel that means stocks and us dollars

>> No.49826698

>>49826644
meds

>> No.49826828

>>49823536
>assumes someone will somehow control it if its free
Yeah no that must his group is in power if he fears that because its utter bs to assume a free internet is a controlled internet

>> No.49826878

>>49825632
so just don't engage them, or even pay attention. it's like people tip toeing around me and asking me gingerly how im doing when the markets crash. idgaf, im a trader. it goes up or down i trade it. normies don't get it.

>> No.49826918

>>49823536
>dictators like decentralization and free speech
>dictators dislike control

>> No.49826976

>>49823397
What effect will a crypto crash have on stocks?

>> No.49827144
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49827144

>>49824162
Who run Bartertown?

>> No.49827168

>>49825561
get a load of this redditor
He thinks we invest in stocks

>> No.49827420

MANLET CHADS RISE
>5'8" BEAST checking in

>> No.49827458

Does that include the stock market?

>> No.49827483
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49827483

>>49823397
bitcoin already up 15% from the lows, feels amazing to be at the beginning of the next bull market which will go above 250k

>> No.49827504

>>49823397
>Celsius
>defi
Pick one kike

>> No.49827782
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49827782

>>49823397
Why do jews hate crypto so much?

>> No.49827949

>>49824316
I voted for Trump, and I'm against crypto for the simple fact that it's a pyramid scheme. Every single crypto is used to pump & dump and try to scam other people, leaving someone holding the bag. It's not a store of value like a currency should be.

>> No.49828065

>>49827782
Who do you think stands to lose the most if crypto takes over?

>> No.49828078

>>49827782
it's going to be hilarious when spencer's net worth passes his dad's at the age of 20

>> No.49828230

> be seething nocoiner
> Bitcoin price goes up
> ‘SCAM! IT’LL GO TO ZERO SOON!!!’
> Bitcoin price drops
> ‘HA SEE I TOLD YOU IT’S GOING TO ZERO’
> Bitcoin price recovers
> ‘WELL MAYBE NOT THIS TIME BECAUSE THERES SO MANY IDIOTS OUT THERE WANTING TI TRY AND GET RICH QUICK!!!’
> Repeat ad infinitum

Honestly it must be fucking exhausting to be a salty nocoiner, I’d understand it if they were making their money somewhere else and all of this was just pearl clutching but instead it’s just seething faggots who missed pretty much every opportunity to make money off this and haven’t stopping being bitter about it. It’s worse when these fucking losers don’t just want to stay out of the markets but actively cheer on crashes in real time and want people to lose their money.