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I recently had two more disagreements with my friends, and now one of them hasn’t spoken to me in two weeks. These people were so
Deffo just degeneracy!
Classic pump and dump in crypto. Be careful if you want to enter the market. There is a chance you will become exit liquidity
People are just greedy degenerates. The same was with Squid after the rug or with Luna.
Probably the same people as Safemoon buyers
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Could also be the algorithms keeping it moving.
Why not play real casino instead?
Gambling
The weirdest thing with crypto are the cults formed around collapsed/scam coins. The Luna cult was on another level
Just more proof people will gamble on just about anything
Gambling is a thing. People don’t value their money I guess.
Gambling
Fortune favours the brave?
It’s damn impossible to not hear about what happened to FTX if you’re investing in crypto. I’m 100% sure it’s just the people who lost a lot initially in FTX and trying to scrape whatever they can through the ups and downs, and of course gamblers.
Here is no lack of Gamblers. People wanna make quick money.
Y’all are savages buying this
Aren’t 90 % of all other cryptos just gamble ?
it still has a chance to turn over
This is a space full of degenerate gamblers..what do you expect?
Supply and demand sets the price. Not “value” or “utility”.
FTX shorts closing? I don’t know, I refuse to believe people are dumb enough to gamble on a dead platforms token.
True Degenerates
Gamblers gonna gamble
Degens will degen
SBF cashed out from SVB and bought FTT .
rich people playing
Gamblers gotta gamble
If you need any proof, just look at LUNC and USTC
Creating exit liquidity over the back of some degens
Luna people finally realised their degeneracy moved on to the next dead thing
Lunc is also not a solid 0$
People are dumb.
People will lose money.
People will cry for heavy regulation.
People will be forbidden to trade all of crypto.
I mean Luna is still around somehow so there’s that lol
What if FTX (the brand, the exchange) gets bought by some other exchange (Kraken, Binance, some other smaller or new one, some unknown investors)?
There was a discussion of just this for MtGox back in the day.
Then it’d be relaunched with the promise of repaying debtors from fresh profits (or even directly from the fresh investment).
Wouldn’t that give FTT (some of) their value back?
If somebody has insider info that something like this is in the work, it would make sense that they’d start purchasing FTT right now…
I don’t think it’s very likely, but I’d be interested to hear if it’s even a possibility.