Official BGOL Crypto Currency Thread ★★★★★

I told YALL this is all about the fuckin wall street whales

getting their little faggot puppy the SEC, to try to take over

the crypto world ESPECIALLY STAKING..

wall street and banks cant fuckin WITH STAKING I told yall

it was about them APY the banks couldnt fuck with..

Luna giving muthafuckas over 20 percent .. scared the shit

out of the traditional banksters... so they want to take over the crypto

game through REGULATIONS..

Yea .. STAKING is the shit they really want to reign in before the masses

realize traditional banking is equivalent to an 8 track tape...

Staking and DeFi is the equivalent to Streaming your music..

banks are trying to be relevent in the next ten years..

they simply cant fuck with Staking and blockchain technology..


@gene cisco
 
I told YALL this is all about the fuckin wall street whales

getting their little faggot puppy the SEC, to try to take over

the crypto world ESPECIALLY STAKING..

wall street and banks cant fuckin WITH STAKING I told yall

it was about them APY the banks couldnt fuck with..

Luna giving muthafuckas over 20 percent .. scared the shit

out of the traditional banksters... so they want to take over the crypto

game through REGULATIONS..

Yea .. STAKING is the shit they really want to reign in before the masses

realize traditional banking is equivalent to an 8 track tape...

Staking and DeFi is the equivalent to Streaming your music..

banks are trying to be relevent in the next ten years..

they simply cant fuck with Staking and blockchain technology..


@gene cisco
Yep, exchanges were allowing for 10% APY on staking stable coins like USDC and USDT. No way the international bankers can compete with that. They shook out all of these crypto exchanges that didn’t manage risk properly (or even worse - went public on a stock exchange) properly and now they are in margin call or dealing with failure to deliver.

Commercial bank interest rates on money market / savings accounts are still way below what they should be based on the Federal Reserve rates which tells me they don’t even care to try to hide their greed anymore. :lol:

so what do they do? Instead of trying to adapt they just try to destroy the competition. It is going to backfire though (IF enough people hold strong).
 
Yep, exchanges were allowing for 10% APY on staking stable coins like USDC and USDT. No way the international bankers can compete with that. They shook out all of these crypto exchanges that didn’t manage risk properly (or even worse - went public on a stock exchange) properly and now they are in margin call or dealing with failure to deliver.

Commercial bank interest rates on money market / savings accounts are still way below what they should be based on the Federal Reserve rates which tells me they don’t even care to try to hide their greed anymore. :lol:

so what do they do? Instead of trying to adapt they just try to destroy the competition. It is going to backfire though (IF enough people hold strong).


exactly

Banks KNOW their days are numbered if they dont get control of blockchain, they cant stop it but they must control it

Notice how inflation somehow magically only infects, things we have pay for, but somehow,

never ever effects our wages... that always has to be fuckin voted on...

the mind fuckery is sickening..Im so close to sending back my birth certificate

and social security and deading this fuckin contract!!

bruh you just dont know... if they dont reign in some of these muthafuckas

running wild around deadwood dickhead biden,

Im gonna cheer the feds and the police on as they bumrush the capital again

the thing is.. the folks left in the game now are the folks who understand how fear and doubt,

is used to control the crypto market.. they can see when its starting to spread,

and sell... wait for bottom and buy....

this is the part where the future millionaires adn billionaires get made...

and the scared money cries about the coulda shoulda woulda days
 
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Bitcoin billionaire Sam Bankman-Fried bails out embattled crypto firms BlockFi and Voyager

images


With no central bank willing to come to the rescue, beleaguered crypto companies are turning to their peers for help.
Billionaire crypto exchange boss Sam Bankman-Fried has signed deals to bail out two firms in as many weeks: BlockFi, a quasi-bank, and Voyager Digital, a digital asset brokerage.

FTX, Bankman-Fried’s crypto exchange, agreed Tuesday to provide BlockFi with a $250 million revolving credit facility. Bankman-Fried said the financing would help BlockFi “navigate the market from a position of strength.”

“We take our duty seriously to protect the digital asset ecosystem and its customers,” he tweeted.
It comes after BlockFi said earlier this month that it would lay off 20% of its staff. Meanwhile, a report from The Block said earlier this month that BlockFi was in talks to raise funds in a deal valuing the firm at $1 billion, down from $3 billion last year.
Zac Prince, BlockFi co-founder and CEO, said the deal with FTX was more than just a round of debt, adding it “also unlocks future collaboration and innovation” between the two firms.
Last week, Voyager Digital said Alameda Research, Bankman-Fried’s quantitative research firm, would provide it with $500 million in financing.



The deal consists of a $200 million credit line of cash and USDC stablecoins, as well as a separate 15,000-bitcoin revolving facility worth approximately $300 million at current prices.
A plunge in the value of digital currencies in recent weeks has resulted in numerous key players in the space facing financial difficulty.
Bitcoin and other cryptocurrencies are falling hard as the market grapples with the Federal Reserve’s interest rate hikes and the $60 billion collapse of terraUSD, a so-called stablecoin, and its sister token luna.
Last week, crypto lender Celsius halted all account withdrawals, blaming “extreme market conditions.” The firm, which takes users’ crypto and lends it out to make higher returns, is thought to have hundreds of millions of dollars tied up in an illiquid token derivative called stETH.
Elsewhere, crypto hedge fund Three Arrows Capital has been forced to liquidate leveraged bets on various tokens, according to the Financial Times.
On Wednesday, Voyager revealed the extent of the damage inflicted by 3AC’s troubles.
The company said it was set to take a loss of $650 million on loans issued to 3AC if the company fails to pay. 3AC had borrowed 15,250 bitcoins — worth more than $300 million as of Wednesday — and $350 million in USDC stablecoins.
3AC requested an initial repayment of $25 million in USDC by June 24 and full repayment of the entire balance of USDC and bitcoin by June 27, Voyager said, adding that neither amount has yet been repaid.
The firm said it intends to recover the funds from 3AC and is in talks with its advisors “regarding the legal remedies available.”
“The Company is unable to assess at this point the amount it will be able to recover from 3AC,” Voyager said.
Voyager shares cratered on the news, falling as much as 60% on Wednesday.
Zhu Su, 3AC’s co-founder, previously said his company is considering asset sales and a rescue by another firm to avoid collapse. 3AC did not respond to multiple requests for comment.
Bankman-Fried is one of the wealthiest people in crypto, with an estimated net worth of $20.5 billion, according to Forbes. His crypto exchange FTX notched a $32 billion valuation at the start of 2022.
The 30-year-old has emerged as something of a savior for the $900 billion crypto market as it faces a deepening liquidity crunch. In an interview with NPR, Bankman-Fried said he feels his exchange has a “responsibility to seriously consider stepping in, even if it is at a loss to ourselves, to stem contagion.”
His actions highlight how a lack of regulation for the crypto industry means that firms can’t turn to the federal government for a bailout when things turn south — a sharp contrast with the banking industry in 2008.

 

:lol: Powell is basically a standup comedian at this point.The money in bitcoin and crypto ain't shit even at the peak.

In his head, Powell is saying :yes: "I'll be retired by the time bitcoin and crypto crashes DO have an impact on the macro environment thanks to our economy trailing the speculative casinos known as markets!!"
 
I told YALL this is all about the fuckin wall street whales

getting their little faggot puppy the SEC, to try to take over

the crypto world ESPECIALLY STAKING..

wall street and banks cant fuckin WITH STAKING I told yall

it was about them APY the banks couldnt fuck with..

Luna giving muthafuckas over 20 percent .. scared the shit

out of the traditional banksters... so they want to take over the crypto

game through REGULATIONS..

Yea .. STAKING is the shit they really want to reign in before the masses

realize traditional banking is equivalent to an 8 track tape...

Staking and DeFi is the equivalent to Streaming your music..

banks are trying to be relevent in the next ten years..

they simply cant fuck with Staking and blockchain technology..


@gene cisco
Yeah man, a number of us called out the bullshit. We all know SEC is there to protect the bankers, not us. At the same time, the some of these centralized entities and ones claiming to be decentralized but with control over voting are making it easy for bankers/SEC. :smh:

Let's make no mistake about it. Bankers will easily be able to control PoS. We've seen voting power abused because of social justice influence and to take over a whales wallet. The bitcoin maxis were right and the bankers via the SEC will end up winning once again.

Please don't put any faith in the masses, especially in Americans who have proven to be the most gullible and open to being manipulated in ALL of human history. Those of us who see through shit will be once again :smh: @ how easily the elite pull this shit off.
 
Yeah man, a number of us called out the bullshit. We all know SEC is there to protect the bankers, not us. At the same time, the some of these centralized entities and ones claiming to be decentralized but with control over voting are making it easy for bankers/SEC. :smh:

Let's make no mistake about it. Bankers will easily be able to control PoS. We've seen voting power abused because of social justice influence and to take over a whales wallet. The bitcoin maxis were right and the bankers via the SEC will end up winning once again.

Please don't put any faith in the masses, especially in Americans who have proven to be the most gullible and open to being manipulated in ALL of human history. Those of us who see through shit will be once again :smh: @ how easily the elite pull this shit off.

bruh here is whats crazy and the fuckin govt and wallstreet dont even realize yet...

They will need to create their own token and for the first time, they will have to set aside

a large portion away from

insiders and open it up to crypto community, bruh in order to when the crypto communities trust,

they are going to have to break away from the traditional way of doing things,

the masses maybe slow, but the real crypto community saw this shit coming and are

already acting accordingly.... in other words...

when the govt comes out with their shit, they are going to have to open the door to new

money millionaires or their shit will NOT sell and be crushed before it starts..

they are going to have to ap rates comparable to Ethereum..

Personally they cant do it, without complete control of the network..

Im saying all that to say.. bruh.. there will be money to be made,

regulation or not.. and at the end of the day,

no govt will be able to control crypto bruh, if you think they will,

they you dont understand the reason, why it was created in the first place...

there are a group of hardcore blockchain developers bruh, that will ensure

blockchain tech stays in the hands of the community..away from criminal govts..

I thought you got that message b..

there is a reason its called crypto...is

to hide itself from CRIMINALS way more that it is

to assist criminals!!!

criminal govts be tryin to flip

that narrative
 
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Crypto, including bitcoin, is like everything else. Throughout american history whenever there was a glimmer of hope that a major positive change was coming for common people, it was unceremoniously derailed or completely snuffed out, by powerful wealthy interest. Think nuclear physics, civil rights, the internet, even democracy itself. The wealthy will always commandeer and exploit every good idea, or.... destroy it.
 
Crypto, including bitcoin, is like everything else. Throughout american history whenever there was a glimmer of hope that a major positive change was coming for common people, it was unceremoniously derailed or completely snuffed out, by powerful wealthy interest. Think nuclear physics, civil rights, the internet, even democracy itself. The wealthy will always commandeer and exploit every good idea, or.... destroy it.
American history? Shit, try the world. History of humans. Americans are just ignorance on steroids(and now some have been trolled into insanity which isn't helping). People who founded this country knew the masses weren't shit that's why it's a fucking representative democracy. Cunning people have manipulated the system and the masses to no end.

PoS hold the same fucking illusion as the American political system. Sure, some of us will benefit from it and get rich, but those on top get the best of it.

It is what it is. We have to come to peace with it. Smart people build and create shit. Cunning people take control of it. The masses are filled with a combination of smart, cunning, but mostly people who aren't too smart nor are they cunning. So the masses get exploited. Rinse. Repeat.

Shit, PoW will require so much fucking energy(and more importantly a specific clean kind) that the elite will easily control that too, but bitcoin maxis try to ignore that shit.
 
Crypto, including bitcoin, is like everything else. Throughout american history whenever there was a glimmer of hope that a major positive change was coming for common people, it was unceremoniously derailed or completely snuffed out, by powerful wealthy interest. Think nuclear physics, civil rights, the internet, even democracy itself. The wealthy will always commandeer and exploit every good idea, or.... destroy it.

This is a little different tho, this a crypto coding,

and for the first time, the govt and the wealthy do NOT

have dibs on the best and the brightest...

because bitcoin crypto was created to be anti bank,

its fuckin lightyears ahead of any govt or wallstreet whale,

and they dont even fuckin realize that shit..

the govt is literally being strung along right now....

I dont want to say too much because I want them to figure shit out,

so by the time they do, crypto will be even further ahead...

with NFTs you are going to be able to distribute your music, graphic art etc..

without a fuckin middle man... all through blockchain...

the more they fuck with crypto the more they are going to fuck over whales

and open doors for everyone else..

I dont want to say too much...tho.. agents listening, ready to runtelldat

for the cockblock..

fuck that.. let them figure shit out!!

rest assure tho, criminal govts are going to have to be

less criminal and more humane if they expect not to be toppled
 
Yeah man, a number of us called out the bullshit. We all know SEC is there to protect the bankers, not us. At the same time, the some of these centralized entities and ones claiming to be decentralized but with control over voting are making it easy for bankers/SEC. :smh:

Let's make no mistake about it. Bankers will easily be able to control PoS. We've seen voting power abused because of social justice influence and to take over a whales wallet. The bitcoin maxis were right and the bankers via the SEC will end up winning once again.

Please don't put any faith in the masses, especially in Americans who have proven to be the most gullible and open to being manipulated in ALL of human history. Those of us who see through shit will be once again :smh: @ how easily the elite pull this shit off.

excellent posting!
 
American history? Shit, try the world. History of humans. Americans are just ignorance on steroids(and now some have been trolled into insanity which isn't helping). People who founded this country knew the masses weren't shit that's why it's a fucking representative democracy. Cunning people have manipulated the system and the masses to no end.

PoS hold the same fucking illusion as the American political system. Sure, some of us will benefit from it and get rich, but those on top get the best of it.

It is what it is. We have to come to peace with it. Smart people build and create shit. Cunning people take control of it. The masses are filled with a combination of smart, cunning, but mostly people who aren't too smart nor are they cunning. So the masses get exploited. Rinse. Repeat.

Shit, PoW will require so much fucking energy(and more importantly a specific clean kind) that the elite will easily control that too, but bitcoin maxis try to ignore that shit.

Thats because most "americans" dont know the difference between an education and indoctrination,

most who graduated from college, have indoctrination degrees..

we have been dumbed down through "education" so much so..

that even KNOWING there is an electoral college, folks still think their votes

matter in a presidential election..

since rockefeller and frederick t gates created the board of education,

the dumb downness been on like a hunid geez bruh!!
 


EDIT: Ignore the screen cap, content is for info purposes as far as the current moves that are still being made by some institutions.
 
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Get your money off of Voyager asap. It appears like Voyager is going to be the next Celsius.


Nah, they secured a $500 million loan to cover that 3arrows BS
They have big money behind them
FTX owns 15% and Circle owns 15%
Worse case scenario they get bought out but that would be a good scenario for investors
Celsius didn't get shit

 
OOOOOOOOOHHHHHHHH,

So the SEC approves EFT's to SHORT bitcoin, but refuses to approve

EFTS.

BUT CONTINUOSLY refuse to approve SPOT TRADED BTC FUND, one that

profits when BTC profits, but they only approve products that profit when

BTC is shorted...

SEC has been reduced to a five dollar wallstreet whore...

like the FDA have been reduced to big pharmas lil bitches!!

Peep this shit..

“It seems to me to be some element of corruption here, going on. Obviously, a lot of people don’t want Bitcoin to succeed because it challenges them, and it challenges the banking system. Is that what’s going on?”

THis is just too obvious now... when it gets out, they wont be able to stop the rise of bitcoin and staking.. especially Luna 2,

anybody that didnt get in this era, gonna be tellin a whole lot of sad stories five to ten years from now...

the more the masses keep buying bitcoin little my little, and hold on, its a fuckin wrap... even if it goes,

to ten dollars.. just buy an hold.. on YOUR OWN WALLET... dont worry bout becoming rich overnight...

Im telling you right now... If Universal Basic Income becomes a thing...

Bitcoin is going to five hundred thousand a coin EASILY!!!!! be in a good position to cashout....

 
Nah, they secured a $500 million loan to cover that 3arrows BS
They have big money behind them
FTX owns 15% and Circle owns 15%
Worse case scenario they get bought out but that would be a good scenario for investors
Celsius didn't get shit

Perhaps.... Voyager just limited withdraws to 10k. Not financial advice, but people need to move their money and wait for the dust to settle.



BTW: Coinbase just sunset Coinbase Pro

 
Perhaps.... Voyager just limited withdraws to 10k. Not financial advice, but people need to move their money and wait for the dust to settle.



BTW: Coinbase just sunset Coinbase Pro


They have a 3rd platform. So it's going from 3 to 2 plus they have the wallet. With the reduction in staff something was bound to get cut.
 
Perhaps.... Voyager just limited withdraws to 10k. Not financial advice, but people need to move their money and wait for the dust to settle.

Well they HAD to.
There would've been a massive bank run which there is anyway. 10k regulates the bleeding to a knee jerk reaction.
You dont necessarily need to move ALL your bread OFF the platform. Remember, USD is insured up to 250k. Just transfer your money to USD and let it sit depending how much you have
 
Told yall these muthafuckas aint even tryin to hide bruh... Once goldman sachs slithered into the game, you better

believe they coming in trying to grab everything up on a firesale... they trying to form voltron,

to acquire Celsius Assets.... create the chaos, then come in for the kill...

I told yall they KNOW crypto is the future they just want to get the majority of it into their hands,

from the masses..

Yea they cant even wait to get their slimey fingers on some crypto at bargin prices..

 
Told yall these muthafuckas aint even tryin to hide bruh... Once goldman sachs slithered into the game, you better

believe they coming in trying to grab everything up on a firesale... they trying to form voltron,

to acquire Celsius Assets.... create the chaos, then come in for the kill...

I told yall they KNOW crypto is the future they just want to get the majority of it into their hands,

from the masses..

Yea they cant even wait to get their slimey fingers on some crypto at bargin prices..


I think FTX will acquire Voyager if things don't turn around soon
 
Told yall these muthafuckas aint even tryin to hide bruh... Once goldman sachs slithered into the game, you better

believe they coming in trying to grab everything up on a firesale... they trying to form voltron,

to acquire Celsius Assets.... create the chaos, then come in for the kill...

I told yall they KNOW crypto is the future they just want to get the majority of it into their hands,

from the masses..

Yea they cant even wait to get their slimey fingers on some crypto at bargin prices..

They have denied this report.
 
There is no fuckin way, dude could fail at life, muthafucka was LITERALLY

BORN ON STANFORD CAMPUS TO TWO COLLEGE PROFESSORS...

he was in before he even popped out the coochie..
Yeah, but a number of those types have to 'go find themselves' and in this day and age who knows what that means.

I'm just looking at this market and now come to the realization that retail is still buying the fucking dip. Looking like this will have to be the crash to end all crashes in order to complete the shakeout of stocks and crypto.
 
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