Crypto game

[Ai-chan]

Yes, this game where you play a counter with nonexistent assets backed by absolutely nothing but magic numbers has seen its biggest crash yet. It is believed that it will soon get much, much worse. The biggest crypto exchange in the world (FTX) is now potentially insolvent.

So those of you who kept saying crypto is the future and will never crash, well fuck you all! Thank you for your stupid recommendations!

Oh by the way, Ai-chan doesn't invest in crypto. Never trusted that bullshit. Gold is okay, silver is okay, crude oil is great. Numbers? Nope, never gonna trust numbers backed by nothing other than word of mouth. It's also the reason why Ai-chan will never ever invest in options. Tangible stocks with physical assets and products the whole way, baby!

While Ai-chan doesn't invest in crypto, Ai-chan knows someone who did. She is now practically bankrupt because she invested almost her entire life savings into bitcoin and tether. She said if the value of bitcoin doesn't get back to the price a week ago, she may need to sell her house.

Ai-chan doesn't understand it much because Ai-chan doesn't believe in this stupidity. But hey, screw you crypto peer pressurizers. If Ai-chan didn't know she's a good single mother with 2 children, Ai-chan would've laughed at her because she used to brag about having a lot of 'assets'.

 

[Anon2024]

Crypto is basically gambling. If you get in and out at a good time you’ll have great gains. If you don’t get in at a good time or fail to get out you lose.

If I could go back in time I’d buy tons of crypto but I’d sell it before 2020, but hindsight is 20/20.
But I’ll go a step further and say physical assets mean nothing if you’re not the one managing them. Buying stock in companies? The higher ups might sell before you do and screw you over.

Unless you have a hand in it, or have good lawyers to back you up you can be easily screwed. It’s best to get silver, gold, food and bullets.

If you have no bullets, good luck protecting your physical assets.

 

[K5Rakitan]

Thots and prayers.

 

[Zakuro]

crude oil is great.

 

[melchi]

Yes, this game where you play a counter with nonexistent assets backed by absolutely nothing but magic numbers has seen its biggest crash yet. It is believed that it will soon get much, much worse. The biggest crypto exchange in the world (FTX) is now potentially insolvent.

So those of you who kept saying crypto is the future and will never crash, well fuck you all! Thank you for your stupid recommendations!

Oh by the way, Ai-chan doesn't invest in crypto. Never trusted that bullshit. Gold is okay, silver is okay, crude oil is great. Numbers? Nope, never gonna trust numbers backed by nothing other than word of mouth. It's also the reason why Ai-chan will never ever invest in options. Tangible stocks with physical assets and products the whole way, baby!

While Ai-chan doesn't invest in crypto, Ai-chan knows someone who did. She is now practically bankrupt because she invested almost her entire life savings into bitcoin and tether. She said if the value of bitcoin doesn't get back to the price a week ago, she may need to sell her house.

Ai-chan doesn't understand it much because Ai-chan doesn't believe in this stupidity. But hey, screw you crypto peer pressurizers. If Ai-chan didn't know she's a good single mother with 2 children, Ai-chan would've laughed at her because she used to brag about having a lot of 'assets'.

Coinbase? I had a friend that was gushing about that thing.

 

[owotrucked]

According to murphy's law, btc will soar up the moment she's forced to sell her house

 

[Agentt]

Sad that this wasn't a real game :(

 

[LunaSoltaer]

Yeah Quantum Computing's a bitch. (That's probably not why it crashed, but hey, brute-forcing any conventional encryption in O(1) time is a really good way to shoot the Internet in the face.)

 

[melchi]

Sad that this wasn't a real game :(

Maybe this is just Ai-chan's way of saying she's working on creating a game right now.