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The Political Forum Discuss anything related to politics in this forum. World politics, US Politics, State and Local.

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Old 12-15-2022, 07:46 PM   #31
VitaMan
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Add in the time spent on the 77,000 or so posts between TWK and WTF. At 5 minutes a post and wages $15 per hour, that would be around $ 100,000 lost.

Of course eccie is grateful for your patronage.

Thank you, valued posters.
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Old 12-15-2022, 07:51 PM   #32
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Quote:
Originally Posted by WTF View Post
If you invested 1000 dollars and it ballooned to 750 million and now is worth nothing, how much did you actually lose?

Riddle us us that Einstein



it would still be worth 280 million dollars. the collapse of FTX didn't affect bitcoin. it affected Sammy boi's coin FTT.



17,406.50 USD


https://www.google.com/search?client...lue+of+bitcoin


$1.36 per FTT


https://www.google.com/search?q=curr...t=gws-wiz-serp


try to pay attention son
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Old 12-15-2022, 08:10 PM   #33
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It would be worth zero if you had let Sam keep it as a custodian. As you will never get it back.

Same thing with Bernie M. and an endless list of others.
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Old 12-15-2022, 08:17 PM   #34
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Quote:
Originally Posted by VitaMan View Post
It would be worth zero if you had let Sam keep it as a custodian. As you will never get it back.

Same thing with Bernie M. and an endless list of others.






bitcoin value is not tied to Bernie DeadMadoff or Sammy "soon to be found hung in his cell so he can't spill the beans on his Democratic party donations" Bankman-Fried
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Old 12-15-2022, 08:26 PM   #35
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You don't understand.

If you placed your bitcoin on Sam's exchange and kept it there under custodial service, you will not see your bitcoin again. Unless you happen to be a very lucky creditor and substantial assets are able to be located.
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Old 12-15-2022, 08:38 PM   #36
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Quote:
Originally Posted by VitaMan View Post
You don't understand.

If you placed your bitcoin on Sam's exchange and kept it there under custodial service, you will not see your bitcoin again. Unless you happen to be a very lucky creditor and substantial assets are able to be located.

you don't understand. Sammie's exchange wasn't a bitcoin wallet. it was an exchange where people traded various crypto currency for others. while customers lost 8 billion when sammy stole the value of their crypto currency to prop up his failing hedge fund, it had no material affect on the value of bitcoin and no one outside of the exchange lost a dime.


think. post. in that order.


thank you valued poster.
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Old 12-15-2022, 09:51 PM   #37
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If you can't get your bitcoin, it is worth nothing to you.

Always respectful.

Thank you for your efforts.
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Old 12-16-2022, 12:28 AM   #38
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Quote:
Originally Posted by The_Waco_Kid View Post
you don't understand. Sammie's exchange wasn't a bitcoin wallet. it was an exchange where people traded various crypto currency for others. while customers lost 8 billion when sammy stole the value of their crypto currency to prop up his failing hedge fund, it had no material affect on the value of bitcoin and no one outside of the exchange lost a dime.


think. post. in that order.


thank you valued poster.
in the process, a bank terminated his account thereby killing FTX. he got derailed.
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Old 12-16-2022, 09:30 AM   #39
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Quote:
Originally Posted by WTF View Post
Let me get this straight....if you invested 1000 dollars in Bitcoin and were stupid enough not to cash out, instead you transfered it to FTX IN THE BAHAMAS...an unregulated market and you want my sympathy?

In your scenario, they only lost one thousand dollars!

I'll tell you what....if you can find me someone whose money was unknowingly stolen from a brokage house or one of our fine regulated bank...deposited in Sam's exchange and they then lost all their money....I'd feel sorry for them but....I'm pretty sure they have legal recourse to get THEIR money back.

You seem to forget where it was they deposited their money! An unregulated exchange!
Quote:
Originally Posted by The_Waco_Kid View Post
it would still be worth 280 million dollars. the collapse of FTX didn't affect bitcoin. it affected Sammy boi's coin FTT.



17,406.50 USD


https://www.google.com/search?client...lue+of+bitcoin


$1.36 per FTT


https://www.google.com/search?q=curr...t=gws-wiz-serp


try to pay attention son
Speaking of paying attention....do you understand wtf cash out means and then depositing in the FTX exchange?
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Old 12-16-2022, 09:46 AM   #40
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Quote:
Originally Posted by WTF View Post
Speaking of paying attention....do you understand wtf cash out means and then depositing in the FTX exchange?

do you understand what being robbed means?
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Old 12-16-2022, 10:28 AM   #41
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Quote:
Originally Posted by The_Waco_Kid View Post
do you understand what being robbed means?
Why did you leave out .... and then lie about what I said?

Did you think I would not go back and show where you left out wtf I said?
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Old 12-16-2022, 10:40 AM   #42
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Quote:
Originally Posted by The_Waco_Kid View Post
do you understand what being robbed means?
Has there been a total accounting of what went where?

You're talking out your ass mate.

And one could make an argument that everyone who bought a pet rock was robbed...or was exposed as a dunbass
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Old 12-16-2022, 10:44 AM   #43
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Quote:
Originally Posted by WTF View Post
Has there been a total accounting of what went where?

You're talking out your ass mate.

And one could make an argument that everyone who bought a pet rock was robbed...or was exposed as a dunbass

is the SEC talking out their ass too?


“There was no meaningful distinction between FTX customer funds and Alameda’s own,” the U.S. Securities and Exchange Commission alleged Tuesday. Alameda is said to have improperly siphoned $8 billion from customers of the now-bankrupt FTX.

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Old 12-16-2022, 11:28 AM   #44
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Do you know the meaning of alleged?
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Old 12-16-2022, 12:03 PM   #45
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Quote:
Originally Posted by WTF View Post
Do you know the meaning of alleged?

lol it's typical legal speak. nice try however. when allegations are made against ... say .. Trump you seem to claim he's already convicted and the charges written by God's hand on some tablets on Mount Sinai.


bahahahaaaa


do you really think this goofball won't be convicted? the finger pointing will be hilarious! my IT guy pressed the wrong button on the server! 8 billion times!!


bahahahaa
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