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You mean like all the HGTV videos about renovating and flipping houses?

Now we have nearly every soccer mom in Canada speculating on RE investing and everyone thinks it is smart to have million dollar leverage on basic cookie cutter townhomes and spend hundreds of thousands on renovations and property taxes

Now interest rates raise and a lot of these RE "investors" who bought 2 or 3 homes at peak prices instead of 1 will get a lesson on how ALL markets work
 

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You mean like all the HGTV videos about renovating and flipping houses?
Well, I'm fair in my opinion and values, so, no, I don't agree with videos promoting luxury housing and renovations, and excess of leveraging and debt, as much as I don't agree with that story promoting BTC.
 

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Voyageur Digital has filed for bankruptcy.

Other crypto "defi" businesses halt withdrawals.
Voyager isn't DeFi

It's a centralized app which is the opposite of decentralized. There are no DeFi businesses they are protocols that these centralized businesses use. You can get liquidated in DeFi just like in traditional lending

The DeFi protocols themselves are still working as intended
 

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Yea........as predicted the crypto world is collapsing.

The defi ponzi schemes are reaching the liquidation stage, leaving millions of gullible people holding the bag.

The miners are shutting down due to high cost of energy and low crypto prices and are selling off their coins.

Their source of lending has dried up, and Wall Street shuns them.

The volume in exchanges has disappeared, and the biggest exchanges are laying off employees.

The number of worthless "dead" coins is rising. Contagion is spreading among the web of intertwined crypto entities.

The transactions in the blockchain mempool waiting for authorization is growing and transactions with low fees can wait hours to be approved.

Fraud investigations are opening all over the world. Regulations are being developed to protect investors.

It is all over but the crying.
 

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Yes it's a shame the dot com bubble killed the internet back in 1999

It's also a shame sags didn't short crypto when he predicted the collapse. Instead he bought BTC at like $59k and then sold a day later as soon as it dropped 2%

Imagine if Wayne Gretzky spent his life in the stands just predicting every shot would miss but never daring to take a shot himself.

And then claiming he predicted all the missed shots of players in Lambos from his Kia made Chevy
 

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Gretzky had 894 goals and 1963 assists. He knew when to pass on a shot.
Gretzky got on the ice and played. He didn't win every game or score every shot. He understood he wouldn't score the shots he didn't take

You are just in the stands yelling at people playing as if you have the slightest clue what you're talking about. Nobody is coming to interview you for your negative commentary.

If you actually tried to play you'd get absolutely wrecked. It's very different than sitting in the stands blaming the world for your misfortune
 

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Millions of people who “played” the crypto game just got liquidated, and the contagion is still spreading as it all unravels.

I suspect you are one of them. What are your “insider” developer pals going to do to “fix” the problems and return investor money ?

There is $500 million already found missing from Voyager alone and they just started digging into it.

Lots of people warned that crypto was poison, like Warren Buffet and Charlie Munger, but what do they know about investing money.
 

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I suspect you are one of them. What are your “insider” developer pals going to do to “fix” the problems and return investor money ?
As usual you suspect wrong and have no clue what you're talking about.

You think that if one stock is bad it means that all stocks are bad and for some reason have to "return investor money" You have a 5 year old's understanding of trading and markets at best. You didn't understand what inflation was and you don't understand that people can trade.

You basically think all stocks are bad because you read something bad about it on some blogs

Lots of people warned that crypto was poison, like Warren Buffet and Charlie Munger, but what do they know about investing money.
A person should at least understand what they are criticizing.

We've already covered the same things over and over around in circles with you over and over. Stop embarrassing yourself

There is a reason everyone has blocked you saggy.
 

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If you understood crypto so well why were you pumping it .
I wasn't pumping it

Most of the time I'm just pointing out the flaws of your very basic arguments. You repeat the same thing over and over in circles. Most people have already blocked you and message me directly instead

You fail to learn anything. You'd be wise to at least not to show people this over and over
 

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So guy who knew nothing about what he was doing fell for the most obvious and oldest scam in the book. Same scam can be applied to anything

It says "entertainment" right in the link and the top of the page. Nobody who spends 5 minutes thinking would fall for this scam unless they're a boomer
 

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Welcome to Texas...... bitcoin miners.

See ya......... bitcoin miners.

Bitcoin mining and crypto is a total waste of scarce energy.

Bitcoin mining heavyweights are pausing operations as the Texas energy grid buckles and state officials warn of rolling blackouts, Bloomberg first reported.

A heatwave in the state is pushing its power grid to a breaking point and raising conservation concerns. Companies including Riot Blockchain Inc., Argo Blockchain Plc and Core Scientific Inc flocked to Texas thanks to its low energy costs that are favorable to bitcoin miners. The companies collectively operate millions of computers in the state to solve complex coding problems which then awards miners with bitcoins.

The cutback follows peak usage on Friday, where miners hit 78,206 megawatts which shattered the previous record of 77,460 set on July 5. Companies could potentially see further losses in revenues as computers remained shuttered as Texas sorts out its energy situation.

Miners were already dealing with mounting debt, sitting on roughly $4 billion worth of loans as cryptocurrencies suffer massive losses this year.


 

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The crypto collapse has destroyed $2 trillion in wealth, and there is fear that a "black swan" event is about to happen when Mt. Gox releases all their bitcoins to customers who will dump them onto the market. The last time there was a big dump like this.......bitcoin fell to $3,000.

It is projected by many bitcoin experts that the price will fall to $10,000 or below. The slow decline already underway has bitcoin currently at $19,000.

It is a particularly bad time to try to sell bitcoins, because volumes are extremely low and investors are fleeing from the money hungry defi apps.

All the crypto news is very negative. We could be approaching the final days as everyone tries to cash out at the same time.

 
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