Official BGOL Crypto Currency Thread ★★★★★

[darth frosty]

Dear frosty, Last Friday, Voyager presented what are referred to as “First Day Motions” as part of our Chapter 11 filing to the U.S Bankruptcy Court. We were granted the relief requested. This was the first step in the restructuring process, which is intended to address the company’s financial circumstances and allow us to resume normal operations. We know you have many questions, and we are moving swiftly to give you answers. Below and in this more detailed blog post, we’ve tried to respond to your most pressing inquiries. How does the reorganization process impact my cash? We are working to restore access to USD deposits. Customer USD belongs to customers and will return to those same customers, subject to a reconciliation and fraud prevention process. Is the USD in my account FDIC insured? Yes. USD in your Voyager cash account is held at Metropolitan Commercial Bank of New York (“MCB”) and is FDIC insured. That means you are covered in the event of MCB’s failure, up to a maximum of $250,000 per Voyager customer. FDIC insurance does not protect against the failure of Voyager, but to be clear: Voyager does not hold customer cash, that cash is held at MCB. What will happen to the crypto in my account? Voyager currently has approximately $1.3 billion of crypto assets on its platform, plus claims against Three Arrows Capital ("3AC") of more than $650 million (it fluctuates due to the exchange rate between Bitcoin and USD). Under Voyager’s proposed reorganization plan, which is subject to change and requires Court approval, customers will receive a combination of the following, with the ability to select the proportion of crypto and common equity they receive, subject to certain maximum thresholds: Pro-rata share of crypto; Pro-rata share of proceeds from the 3AC recovery; Pro-rata share of common shares in the newly reorganized Company; and Pro-rata share of existing Voyager tokens. Can you tell me how much of my crypto I’ll get back? At this stage, we are proposing that customers will receive their crypto as described above. However, the exact numbers will depend on what happens in the restructuring process and the recovery of 3AC assets. We understand how important this issue is and will provide updates as soon as possible. What’s next? Our next Court hearing is on August 4, 2022, where we will seek further relief to stabilize operations and further advance the restructuring. As the restructuring continues, you may receive notices with updates on additional legal and procedural milestones. This includes a Notice of Commencement, a required, customary legal document indicating that Voyager and its subsidiaries have filed voluntary petitions for Chapter 11 reorganization. This notice requires no action on your part. Further details on the restructuring, including relevant court filings, is available at https://cases.stretto.com/Voyager, or by calling +1 (855) 473-8665 (U.S. toll-free) or +1 (949) 271-6507 (international). We can’t thank you enough for your continued support. We’ve worked hard to share everything we can at this point; you have our continued commitment that we will keep you updated. We are moving through this process as quickly as we can.

Regards, Team Voyager

 

[darth frosty]

 

[Mrfreddygoodbud]

The good news, its seems like the low level masons who make shit happen are starting to wake

the fuck up, and realize THEY are being used like brainless donkeys, to carry out or look the other way,

while shit is done to hurt EVERYONE including the ones carrying shit out..

Like the spraying of chemical aerosols in the air, in a very lame attempt, so they claim, to control,

the climate...

Funny how as soon as Harvard and Bill Gates starts this "experiment" just a couple of years later we get a plandemic..

and how do we know if this is not a result of GMO foods weakening our system.. How do we know if the chinese arent fighting their war against us, usint food, and their genetically modified seeds... Why is bill gates buy up all the farmland,

are they working on new biotech to find ways to control digestive and nervous system through nanotech in the food we intake??

Well the Good news is there are Masons starting to realize the whole oath taking shit is mind fuckery,

and realizing they are hurting their own children and future grandchildren..

the money they are getting now, is not going to protect them from the air and food they intake...

The fact the Georgia Guide Stones were fucking FINALLY dealt with..

Sent a clear message.. That fuckin with the masses will not be walk in the park

like they thought.

As slowly folks start waking up and realizing shit like.. the more vaccines or boosters they take,

the higher the chance will be of their immune system not being able to deal with viruses, like it would be

if it was being manipulated to produce a toxin aka spike protein. So many heart issues as a result.

Folks need to trust their immune system when it comes to viruses and infections first and foremost,

you cant compromise your immune system, then panic when it gets invaded with a virus or infection..

Sugar addicts aint listening..

Well the good news is, folks are waking up and they are not fooling as many people as they once did,

and they NEED numbers of sleepy sheep to pull it off, with out the majority mindfucked to work against

their own best interest, they already LOST!!

GuideStones down.. Next up to bat...

GEOENGINEERING aka CHEMTRAILS

Stop polluting our air and water aerosols being sprayed ...

and wondering why folks are walking around tired and fatigued as fuck...?

Dr. Gernot Wagner from Harvard University is an author of the paper. He said their study shows this type of geoengineering "... would be technically possible strictly from an engineering perspective. It would also be remarkably inexpensive, at an average of around $2 to 2.5 billion per year over the first 15 years."

But to reach that point, the study said an entirely new aircraft needs to be developed. Partly because missions would need to be conducted at nearly double the cruising altitude of commercial airplanes. The study's co-author, Wake Smith explained, "No existing aircraft has the combination of altitude and payload capabilities required."

So, the team investigated what it would cost to develop an aircraft they dub the SAI Lofter (SAIL). They say its fuselage would have a stubby design and the wing area — as well as the thrust — would need to be twice as large. In total, the team estimates the development cost for the airframe to be $2 billion and $350 million to modify existing engines.


In their hypothetical plan, the fleet would start with eight planes in the first year and rise to just under 100 within 15 years. In year one, there would be 4,000 missi

Controversial spraying method aims to curb global warming

Planes spraying tiny sulphate particulates into the lower stratosphere could help shield Earth from just enough sunlight to help keep temperatures low

www.cbsnews.com

 

[darth frosty]

From crypto stamp to crypto vaults: Swiss post office embraces bitcoin

The most conservative of financial institutions - the Swiss post office bank - drives on with crypto services despite the falling price of bitcoin.

www.swissinfo.ch

PostFinance’s executive board have determined that the time is ripe for ramping up the bank’s cryptocurrency offering despite the apparent onset of another period of price stagnation – known as a ‘crypto winter’. “Our clients want direct access to this market through their house bank,” says PostFinance head of retail banking Sandra Lienhart. “Given the growing institutionalisation [of cryptocurrencies] in the last 18 months, this is the ideal time to enter the market.”

Cryptocurrencies, by their very nature, are accessible to anyone at any time. No-one needs a bank to get their hands on bitcoin or to trade ether. Service providers like the Relai app and the Bity brokerage give the person on the street the means to hold or trade cryptocurrencies independently of the traditional financial system.

But some people are prepared to sacrifice direct ownership of their cryptocurrencies for the security of bank vaults and simplified versions of transacting.

I’ve written extensively about Swiss private banks opening crypto servicesExternal link for their wealthy clients. Two entities, SEBA and Sygnum that specialise in this asset class, were awarded banking licenses in 2019. But high street banks have so far been reluctant to enter the fray.

Swissquote has shown that the mass crypto business can be profitable. Revenues from cryptocurrency trading services reached CHF102 million last year and are making up an ever-larger slice of profits at the bank.

There are always some people who argue that crypto and banking should keep each other at arm’s length – either because crypto is too dangerous for banks or that banks are too antiquated for crypto.

But others believe that acceptance of cryptocurrencies by banks is the best way to achieve mass adoption of the new form of digital money.

PostFinance is betting on the latter argument prevailing and is actively seeking business partners to realise this ambition.

If the Swiss post office can issue a crypto postage stampExternal link, then why can’t its bank offer crypto vaults?

 

[RoomService]

Dear frosty, Last Friday, Voyager presented what are referred to as “First Day Motions” as part of our Chapter 11 filing to the U.S Bankruptcy Court. We were granted the relief requested. This was the first step in the restructuring process, which is intended to address the company’s financial circumstances and allow us to resume normal operations. We know you have many questions, and we are moving swiftly to give you answers. Below and in this more detailed blog post, we’ve tried to respond to your most pressing inquiries. How does the reorganization process impact my cash? We are working to restore access to USD deposits. Customer USD belongs to customers and will return to those same customers, subject to a reconciliation and fraud prevention process. Is the USD in my account FDIC insured? Yes. USD in your Voyager cash account is held at Metropolitan Commercial Bank of New York (“MCB”) and is FDIC insured. That means you are covered in the event of MCB’s failure, up to a maximum of $250,000 per Voyager customer. FDIC insurance does not protect against the failure of Voyager, but to be clear: Voyager does not hold customer cash, that cash is held at MCB. What will happen to the crypto in my account? Voyager currently has approximately $1.3 billion of crypto assets on its platform, plus claims against Three Arrows Capital ("3AC") of more than $650 million (it fluctuates due to the exchange rate between Bitcoin and USD). Under Voyager’s proposed reorganization plan, which is subject to change and requires Court approval, customers will receive a combination of the following, with the ability to select the proportion of crypto and common equity they receive, subject to certain maximum thresholds: Pro-rata share of crypto; Pro-rata share of proceeds from the 3AC recovery; Pro-rata share of common shares in the newly reorganized Company; and Pro-rata share of existing Voyager tokens. Can you tell me how much of my crypto I’ll get back? At this stage, we are proposing that customers will receive their crypto as described above. However, the exact numbers will depend on what happens in the restructuring process and the recovery of 3AC assets. We understand how important this issue is and will provide updates as soon as possible. What’s next? Our next Court hearing is on August 4, 2022, where we will seek further relief to stabilize operations and further advance the restructuring. As the restructuring continues, you may receive notices with updates on additional legal and procedural milestones. This includes a Notice of Commencement, a required, customary legal document indicating that Voyager and its subsidiaries have filed voluntary petitions for Chapter 11 reorganization. This notice requires no action on your part. Further details on the restructuring, including relevant court filings, is available at https://cases.stretto.com/Voyager, or by calling +1 (855) 473-8665 (U.S. toll-free) or +1 (949) 271-6507 (international). We can’t thank you enough for your continued support. We’ve worked hard to share everything we can at this point; you have our continued commitment that we will keep you updated. We are moving through this process as quickly as we can.

Regards, Team Voyager

VGX is going to zero... I'm selling everything.

 

[Mrfreddygoodbud]

VGX is going to zero... I'm selling everything.

hey trust yo gut..

but if it drops below a penny,

Im stashing a few of them muthafuckas....

 

[RoomService]

hey trust yo gut..

but if it drops below a penny,

Im stashing a few of them muthafuckas....

I should've sold when this news dropped last week.

 

[Mrfreddygoodbud]

I should've sold when this news dropped last week.

I feel ya..... I know there was a lot of voyager talk up here, but it

never really caught my interest for some reason... but Im watching

that shit NOW..

You gonna take your losses and move on, or take your losses wait for bottom,

scoop some back up and see what it do??

seems like there is a pattern of those that hold on to the old coins, get airdropped

new versions of the coin..

hey you do what you have to do, but patience is a must.. ESPECIALLY in

these weird ass fuckin times...

Its going to be real interesting to see voyagers next move....

 

[RoomService]

I feel ya..... I know there was a lot of voyager talk up here, but it

never really caught my interest for some reason... but Im watching

I’ve been holding since it was called Bitquence “BQX” back in 2017. I sold about 25% between 3-7 dollars, but I started DCA back a few weeks ago when it fell to .70 cent all the way down to .40 cent.

Unfortunately, the damage has been done and they will never recover. They have lost all trust with the 3+ million users. This is totally different from the Terra Luna situation.

 

[Mrfreddygoodbud]

I’ve been holding since it was called Bitquence “BQX” back in 2017. I sold about 25% between 3-7 dollars, but I started DCA back a few weeks ago when it fell to .70 cent all the way down to .40 cent.

Unfortunately, the damage has been done and they will never recover. They have lost all trust with the 3+ million users. This is totally different from the Terra Luna situation.

Does this change the way you feel?

According to Voyager Digital’s update, a company reorganization is in full swing, and users will receive their money back, but not in a single payment and perhaps not in the form it was deposited.

Voyager Digital is restructuring its business

Voyager Digital gives update on recovery plan, reinstating user account access

A restructuring plan is in full swing which includes the return of users' funds, but some have reacted angrily to the pro-rata element.

cryptoslate.com

I THINK they just might do the LUNA thing.. flip it into another coin,

Im telling you if that shit drops below zero.. Im stacking... if Im left with a bag..

its all good thats part of the risk....

 

[RoomService]

Does this change the way you feel?

According to Voyager Digital’s update, a company reorganization is in full swing, and users will receive their money back, but not in a single payment and perhaps not in the form it was deposited.

Voyager Digital is restructuring its business

Voyager Digital gives update on recovery plan, reinstating user account access

A restructuring plan is in full swing which includes the return of users' funds, but some have reacted angrily to the pro-rata element.

cryptoslate.com

I THINK they just might do the LUNA thing.. flip it into another coin,

Im telling you if that shit drops below zero.. Im stacking... if Im left with a bag..

its all good thats part of the risk....

Steve Ehrlich needs to be perp walked

We’re not talking about just the VGX token. People have other cryptos and fiat on the exchange that they do not have access to at this moment. Who in their right mind would deposit bitcoin, Ethereum, or any other crypto on that exchange ever again?

Imo, The only reason VGX isn’t touching zero right now is because the bulk of the tokens are on the Voyager exchange and people do not have access to them.

 

[gene cisco]

People have to keep this shit in mind, ESPECIALLY the media part. Big reason all those involved are supporting censorship and crying about misinformation/disinformation. Those in control hate that we can come together and talk. They hate comment sections that call out bullshit in propaganda pieces the MSM puts out as news. While there is bullshit spread on social media, there is also good shit that points out lies.

It's going to be a tough crypto ice age and the regulators and media ain't going to make it any better. Game recognize game though.

 

[praetor]

 

[mrcmd187]

Keep eyes on this everyone

 

[darth frosty]

 

[RoomService]

Founders of bankrupt crypto hedge fund 3AC go missing, as investors try to recoup assets

Founders of bankrupt crypto hedge fund 3AC go missing, as investors try to recoup assets

Lawyers representing 3AC's creditors say the physical whereabouts of Zhu Su and Kyle Davies are "currently unknown."

www.cnbc.com

 

[Mrfreddygoodbud]

Founders of bankrupt crypto hedge fund 3AC go missing, as investors try to recoup assets

Founders of bankrupt crypto hedge fund 3AC go missing, as investors try to recoup assets

Lawyers representing 3AC's creditors say the physical whereabouts of Zhu Su and Kyle Davies are "currently unknown."

www.cnbc.com

Personally I think they are just laying low practicing their damage control

talking points, with the damage control team they better have hired by now...

I presume.

but like if them muthafuckas are actually MISSING???

bruh.....

 

[ugk]

There is no way crypto makes it out of this winter without serious regulations

 

[Mrfreddygoodbud]

There is no way crypto makes it out of this winter without serious regulations

That was the plan all along

Control the market through regulations

And licensing

 

[darth frosty]

 

[gene cisco]

That was the plan all along

Control the market through regulations

And licensing

And these fools made it super easy for them.

Remember when coinbase wanted to offer a higher interest rate product and the SEC made them shut it down and wouldn't offer an explanation? It's almost as if the SEC knew all of this was going to happen.

 

[xxxbishopxxx]

And these fools made it super easy for them.

Remember when coinbase wanted to offer a higher interest rate product and the SEC made them shut it down and wouldn't offer an explanation? It's almost as if the SEC knew all of this was going to happen.

are you saying the SEC did the right thing?

 

[An RnB Thug]

There is no way crypto makes it out of this winter without serious regulations

They've always said your USD is FDIC insured.
Stupid people always thought it said USDC for some reason

 

[RoomService]

And these fools made it super easy for them.

Remember when coinbase wanted to offer a higher interest rate product and the SEC made them shut it down and wouldn't offer an explanation? It's almost as if the SEC knew all of this was going to happen.

I saw where Vgx pumped to $1.04 this morning. There are a few Twitter post talking about pumping it to $5.00.

 

[Mrfreddygoodbud]

are you saying the SEC did the right thing?

He is saying the sec is snooping hard

And getting data on crypto products offered by exchanges that benefit us the retail investor

Sec is a big whore for wallstreets traditional bankers who want in bad to control crypto so guys like us

wll keep depending on them.

Sec did the right thing for Wallstreet

Wrong thing for retail investors..

But they coming in like they are trying to protect us...

 

[Mrfreddygoodbud]

They've always said your USD is FDIC insured.
Stupid people always thought it said USDC for some reason

Lol

It can get pretty confusing Tho

 

[ugk]

 

[FUCKYOU]

Major crypto lender Celsius files for bankruptcy

U.S. crypto lender Celsius Network said on Wednesday it had filed for bankruptcy in New York, becoming the latest victim in the cryptocurrency sector of a dramatic plunge in token prices.

www.reuters.com

 

[darth frosty]

 

[XXXplosive]

I just came in here to see how y'all crytpo cats are doing.
All I keep hearing about is how crypto is damn near dead.
So what's the real deal?

 

[RoomService]

Freedom!

 

[xfactor]

The good news, its seems like the low level masons who make shit happen are starting to wake

the fuck up, and realize THEY are being used like brainless donkeys, to carry out or look the other way,

while shit is done to hurt EVERYONE including the ones carrying shit out..

Like the spraying of chemical aerosols in the air, in a very lame attempt, so they claim, to control,

the climate...

Funny how as soon as Harvard and Bill Gates starts this "experiment" just a couple of years later we get a plandemic..

and how do we know if this is not a result of GMO foods weakening our system.. How do we know if the chinese arent fighting their war against us, usint food, and their genetically modified seeds... Why is bill gates buy up all the farmland,

are they working on new biotech to find ways to control digestive and nervous system through nanotech in the food we intake??

Well the Good news is there are Masons starting to realize the whole oath taking shit is mind fuckery,

and realizing they are hurting their own children and future grandchildren..

the money they are getting now, is not going to protect them from the air and food they intake...

The fact the Georgia Guide Stones were fucking FINALLY dealt with..

Sent a clear message.. That fuckin with the masses will not be walk in the park

like they thought.

As slowly folks start waking up and realizing shit like.. the more vaccines or boosters they take,

the higher the chance will be of their immune system not being able to deal with viruses, like it would be

if it was being manipulated to produce a toxin aka spike protein. So many heart issues as a result.

Folks need to trust their immune system when it comes to viruses and infections first and foremost,

you cant compromise your immune system, then panic when it gets invaded with a virus or infection..

Sugar addicts aint listening..

Well the good news is, folks are waking up and they are not fooling as many people as they once did,

and they NEED numbers of sleepy sheep to pull it off, with out the majority mindfucked to work against

their own best interest, they already LOST!!

GuideStones down.. Next up to bat...

GEOENGINEERING aka CHEMTRAILS

Stop polluting our air and water aerosols being sprayed ...

and wondering why folks are walking around tired and fatigued as fuck...?

Dr. Gernot Wagner from Harvard University is an author of the paper. He said their study shows this type of geoengineering "... would be technically possible strictly from an engineering perspective. It would also be remarkably inexpensive, at an average of around $2 to 2.5 billion per year over the first 15 years."

But to reach that point, the study said an entirely new aircraft needs to be developed. Partly because missions would need to be conducted at nearly double the cruising altitude of commercial airplanes. The study's co-author, Wake Smith explained, "No existing aircraft has the combination of altitude and payload capabilities required."

So, the team investigated what it would cost to develop an aircraft they dub the SAI Lofter (SAIL). They say its fuselage would have a stubby design and the wing area — as well as the thrust — would need to be twice as large. In total, the team estimates the development cost for the airframe to be $2 billion and $350 million to modify existing engines.


In their hypothetical plan, the fleet would start with eight planes in the first year and rise to just under 100 within 15 years. In year one, there would be 4,000 missi

Controversial spraying method aims to curb global warming

Planes spraying tiny sulphate particulates into the lower stratosphere could help shield Earth from just enough sunlight to help keep temperatures low

www.cbsnews.com

Italy’s PM out today. These are some strange times we are in. Rulership is up for grabs for the first time in centuries and the caucasian is not going to emerge when the dust settles. I think many are afraid of that happening.

 

[TENT]

You sure did.

@xfactor did too.

I told everyone a few weeks ago to pull their money off of Voyager. Thank god I never used the platform.

 

[xfactor]

I saw where Vgx pumped to $1.04 this morning. There are a few Twitter post talking about pumping it to $5.00.

Rumor that FTX bought them out. I scalped it on Coinbase.

on a related note, Coinbase One has a “free fee” cap which is deceptive but it does give you direct access to live support.

 

[xfactor]

I just came in here to see how y'all crytpo cats are doing.
All I keep hearing about is how crypto is damn near dead.
So what's the real deal?

Still buying weekly and still taking paychecks in BTC.