ESOC Crypto Corner
Re: ESOC Crypto Corner
This thread may be long now, but it is a big bubble. It will crash to under 10 pages one day.
Pay more attention to detail.
Re: ESOC Crypto Corner
https://youtu.be/YobVYLJ2KoU
Title is wrong, the video is about Coinbase are looking into adding new coins.
Title is wrong, the video is about Coinbase are looking into adding new coins.
[Sith] - Baphomet
Re: ESOC Crypto Corner
Pay more attention to detail.
Re: ESOC Crypto Corner
Sup?Inst wrote:I'm making some nice money right now shorting Tesla.
Pay more attention to detail.
Re: ESOC Crypto Corner
Gendarme wrote:Lmao what a moron - "epic journey"
https://twitter.com/BitcoinTre/status/1 ... 5714919427
Wasa wasa bitCONneeeeeeeeeeeeeeeeeeect
[Sith] - Baphomet
Re: ESOC Crypto Corner
ETH is crashing so fucking hard lmao. Is the ETH ICO bubble finally deflating? Time for a NEO bubble?
Pay more attention to detail.
Re: ESOC Crypto Corner
They are all crashing hard, just BTC crashing less than most others.
>52% dominance right now.
>52% dominance right now.
[Sith] - Baphomet
Re: ESOC Crypto Corner
ETH is actually worth less than it was a year ago. BNB is fucking killing it though! USDT is holding up quite well too.
Pay more attention to detail.
Re: ESOC Crypto Corner
Hong Kong creates visa option for blockchain experts!
Depending on your blockchain PR you can now apply for a HK visa - WITHOUT even having a job offer.
I bet the bishes down on Lan Kwai Fong look forward to that.
Depending on your blockchain PR you can now apply for a HK visa - WITHOUT even having a job offer.
I bet the bishes down on Lan Kwai Fong look forward to that.
[Sith] - Baphomet
Re: ESOC Crypto Corner
The collapse of crypto is now officially worse than when the dot com bubble collapsed.
(calculated by the % of drop in value)
(calculated by the % of drop in value)
[Sith] - Baphomet
Re: ESOC Crypto Corner
Pelletier was convinced he’d developed a mining method that gave him an edge over everyone else, leading to 30% to 50% more in rewards.
Pelletier found investors on websites that allowed people to give and receive loans in bitcoin. On one site, he offered a fantastical interest rate of up to 19% a month. He said he would use the loans to buy new equipment, which would in turn enable him to be even more successful at mining bitcoin.
[...]
But as the cost of bitcoin mining continued to climb and his mining strategy failed, Pelletier began using the bitcoin from new investors to pay the interest he owed others, creating what was in effect a multimillion-dollar Ponzi scheme.
In a Facebook Messenger conversation with BuzzFeed News, Pelletier, 38, said he always intended to pay back the loans, and painted himself as an accidental Ponzi schemer.
“When you have lost you have to paid back and often with the capital of another loan,” he said, explaining that when he lost money, he used new loans to pay people back. (BuzzFeed News is including his comments as written for accuracy’s sake. Pelletier, who lives in Quebec and whose first language is French, was offered an opportunity to send a statement in French but didn’t do so.)
Today, Pelletier says he regrets ever having touched bitcoin. He doesn’t know exactly how much money he owes dozens of people, but it's about 200 bitcoins by his own calculations, worth more than $1 million at today's price. He is deep in debt and working an IT job to make ends meet. At the same time, some who loaned him bitcoin curse their foolishness for putting so much of their savings into the cryptocurrency and then lending some or all of it to a man halfway around the world, based on nothing more than a profile on a crypto lending website. They were part of a wave of early adopters from all over the world, including places where just one bitcoin can be worth a lifetime’s savings.
Source: https://www.buzzfeednews.com/article/ja ... ing-scheme
EleGiggle
Pay more attention to detail.
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- Jaeger
- Posts: 3107
- Joined: May 16, 2015
- ESO: Hyperactive Jam
Re: ESOC Crypto Corner
Time to buy!
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- Jaeger
- Posts: 3107
- Joined: May 16, 2015
- ESO: Hyperactive Jam
Re: ESOC Crypto Corner
TFW you think some numbers on a computer make you actually rich but the cashier won't accept the binary code you scribbled on your last napkin.
- edeholland
- ESOC Community Team
- Posts: 5033
- Joined: Feb 11, 2015
- ESO: edeholland
- GameRanger ID: 4053888
- Clan: ESOC
Re: ESOC Crypto Corner
I bought a beer with 2.5 euro worth of bitcoin, could just pay for it in the bar.
That was 4/5 years ago
That was 4/5 years ago
Re: ESOC Crypto Corner
Ouch
Edit: actually BTC was only 10x cheaper back then
Edit: actually BTC was only 10x cheaper back then
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