djchump wrote:If you want a daily dose of schadenfreude: https://web3isgoinggreat.com/
Users with assets on the platform will see a significant haircut in what they are allowed to withdraw. Midas intends to keep 55% of the Bitcoin, ETH, or stablecoins held by users in their accounts, as well as any rewards users had earned.
Lest the users be too upset that more than half of their assets no longer belong to them, fear not: Midas will be making up the difference in a new, valueless token that does not yet exist, but that will be associated with some future project that Midas has not described yet. You're welcome!
Dark Soldier wrote:SquidCoin was the best, based on Squid Game.
LivDiv wrote:So was that based on the fact 1 or more got bought for $39 so all are worth $39 and that equals 2 trillion? For a spplit second before they are worth nothing.
I guess so right.
Somebody got burnt for a Harvester meal for two mid week.
Blue Swirl wrote:Clicked the link, and there's tons of comments from people saying how they can't wait for it to go off again, and they can make all their money back. The poor deluded fuckwits.Dark Soldier wrote:SquidCoin was the best, based on Squid Game.
Dark Soldier wrote:Yeah you had rednecks and stuff on twitter breaking down as they'd pumped 20k into it as it was a guarantee etc. Mad how susceptible people can be.
Funkstain wrote:The value = fiat currency thing is not how it works, no. You develop a thing, and then you sell it; it’s up to the market / buyers to put a value on it, there’s no consideration of “all the actual money”. Bitcoin etc are just another tradable product (just like fiat currency!).
There’s no link whatsoever to other products, currencies, in this way.
LivDiv wrote:When I gave up the booze I used AVRT (Addictive Voice Recognition Technique). The addictive voice being the irrational mind (or The Beast) attempting to get the rational mind to do the irrational. In addicts The Beast pretty much takes over fully.
Dark Soldier wrote:Yeah you had rednecks and stuff on twitter breaking down as they'd pumped 20k into it as it was a guarantee etc.
Mad how susceptible people can be.
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