The Rise and Fall of FTX Cryptocurrency Exchange
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- čas přidán 10. 09. 2024
- FTX Cryptocurrency Exchange was once thought to be a pillar of legitimacy in the Cryptoworld. Sam Bankman-Fried, the company's former CEO, is now answering to over $3.1 billion in unsecured claims. The company filed Chapter 11 bankruptcy earlier this month. Our team at Motherboard dives into what exactly happened, and what this means for the future of the company.
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*..Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals. you have to contend with inflation, recession, decisions from the Feds and all. I was able to increase my portfolio by $289k in months. You have to seek for help in the right places*
.This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant and everything changed. In in the first quarter of this year i made $370k and counting
..I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value
@@JosephAloysiusLyons192please who is the expert guiding you? i have lost so much as a beginner🥺 investing into stock without a proper guidiance of an expert.
@@michaeljordan-gi7iq *"Jordan Marsh Bradford"* is the coach that guides me. he’s a verified coach and she helped me see that returns can be made in both bull and bear markets. he covers things like investing, insurance, making sure retirement is well funded and looking at ways to have a volatility buffer for investment risk, lots of things like that.
@@JuliaGillard968Thanks for sharing this, I just make a Rsearch on googled about man you mentioned and after going through her resume, I can tell he's a pro. I wrote her and I'm waiting on her reply
I AM NEW TO BTC AND HAVE MADE LOSSES TO MAKE PROFITS IN TRADING... I THOUGHT TRADING WITH A DEMO ACCOUNT WAS LIKE TRADING ON THE REAL MARKET... SOMEONE CAN HELP ME OR AT LEAST ADVISE ME ON WHAT TO DO?
Well... I will advise you to stop trading on your own if you keep losing and start trading with an expert because trading with an expert is the best strategy for newbies... 😊
All you need now is a professional trader because you will continue to have losses.
That's true, most people today have had many failures in the Forex and crypto sector due to poor orientation and bad experts...
I negligently lost £1200 by trading on my own and then I was referred to Mrs Olivia Sabrina, she made up for what I had lost and made an extra profit for me.
How can anyone know a professional account manager who is trustworthy when legitimate ones are hard to find these days?
I can't wait to read the crypto-scams in the comments.😐
@user-wq2kh6dj7obro didn’t do that
They all start with a comma for some reason 🤷♂️
sorry in the name of my industry. here's a related song to compensate: czcams.com/video/PLIZOh7tqLE/video.html
also please report the scammers as spam. maybe youtube will get their s*** todghether
YT needs to Crack down on these parasites
Rumors were that Amazon would launch ON26AM this month and judging from this it's pretty accurate haha
spam bot
Scam
The bots saying how much they made from the “markets” is always amusing
They are such good traders
😡 BOT LIVES MATTER!!!!........🤖!!!
Glad I didn't buy into crypto. Worse ponzi scheme than the stock market 😊
Thinking that someone might actually fall for those bots actually scares me.😥
@@irubberyouglueonethousand5384 most are. There is value in some of the technology. But in crypto itself. It’s. Dicey.
*EVERY FAMILY HAS THAT ONE PERSON WHO WILL BREAK THE FAMILY FINANCIAL STRUGGLE I HOPE I BECOME THE ONE ☺️... IN A FEW WEEKS I WAS ABLE TO PAY OFF MY DEBTS THROUGH INVESTING IN CRYPTO TRADING*
*Assets that can make you rich
Crypto
Stocks
Real estate*
it's obvious.
a lot of people remain poor due to ignorance, it's better to take risks and make sacrifices than to stay poor
The best strategy to use in trading is to trade a professional who understands the market quite well, that way maximum profit is guaranteed. Because I have learned along the way of my investment that research and analysis are important, note that experience is more needed, than luck when it comes to the financial market.
This Bitcoin trading has set sail. I honestly cannot overemphasize how much delving into Bitcoin trading has helped saved and changed the lives of many.
Yeah you're right, most times it amazes me greatly the way I moved fro an average lifestyle to earning over $62k per month, utter shock is the word. I have understood a lot in the past few years to doubt that opportunities abound in the financial markets, The only thing is to know where to focus.
If only people had been warned that crypto was a scam. If only they had been warned, over and over and over and...
Wait, what?!? You mean to say it's a bad idea to "invest" my life's savings into fungible digital fad tokens that are primarily used by human traffickers, drug cartels, and North Korea as a means to evade US sanctions? That's crazy! No way! My buttcoins are going straight to the moon! IT'S THE FUTURE, BABY!!! 🤪
What an !diot. CZcams has scams and spambots, does that make
CZcams a scam product as a whole?
People hear the word crypto and immediately have negative connotations, start talking about get rich quick schemes and all that BS.
How about the current banking system? Banks are more of a scam than what crypto is. You put your money in the bank, the bank lends out your money for interest and in return you gain basically nothing on an annual basis.
Crypto was NOT designed so we can have devs rugpull a video game, ape paintings to sell for millions or centralized exchanges screwing over its customers. Crypto was created so the entire financial sector can be revolutionized.
The rise of crypto technology like XRP signals a fundamental market need for a frictionless finance system with on demand liquidity and instant payments (evidenced by the fact the biggest banks in the world such as DBS, Standard Charted and the Bank of England etc) all positioning themselves for a modernized banking system.
Banks already have the scale, infrastructure and decent levels of trust needed to deliver the crypto-vision to the public at large. Crypto ultimately won’t destroy banks, BUT banks will need crypto to accelerate the entire banking system. Like it or not, bank are no longer fit for the purposes of sending money efficiently.
Assets like XRP replaces foreign exchange fees aka nostro vostro accounts in the course of sending money overseas in mere seconds.
So, unless you never use money again, crypto will be an essential part of your life. You see the irony here?
As the economic crisis keep rising, one needs to have different streams of income, a well detailed diversified investment portfolio in the financial markets is needed to survive, as well as secure a profitable investment future, Thanks so much Mrs Vellajean Scarlett for improving my portfolio.
Wow, amazing to see others who trade with Mrs Vellajean Scarlett, I'm currently on my 5th trade with her and my portfolio has grown tremendously.
I have heard so much about her, please what is the best way to reach out to her?🤔
> > I got a chance to benefit from her services a few months ago and it has been a very smooth experience.
@@AlexFletcher-v6e Communicate with her on her telegram using the username below.👇
@@AlexFletcher-v6e investwithscarlett, is the username.
It's not altruism if your donations were ill-gotten gains. Especially when people lost their savings.
Exactly
exactly when did people start believing if you use unfair business practices to exploit people that donating a little back makes it alright if not better.
Because the perpetrators gave to democrats, they are to be held harmless
That's easy to say in hindsight after the fact. Just like how trump gave money to "businesses" which turned out to be scammers, but good luck hearing any apologies from the gop to the taxpayers.
Phillip....wow, what a dumb statement. Cope harder bud, one day you will see the light and we'll still accept you.
Can't deny the fact that Amazons *AMP77X* has the strongest bet to bring lights back to this industry after we suffered FTX, Celsius, Tera and so on. Sure if they fail it's done for good but the pressure is too high and I think they will keep proper liquidity rather than these others. Don't see them going bankrupt any time soon.
Crazy how this comment has 1,400 likes yet only two other people feel the need to reply to it....
Scam
Well if this isn't a paid for comment with paid for likes lol.
Scam
Coffeezilla’s piece just far surpasses this vice one sadly
ON26AM is my safety asset along with tether so i'm really glad to hear all this!! thank you very much
spam bot
Scam bot
Thank you for the update *AMA550X* is done right, and waiting is part of the process,
this is a scam
Who would have thought an intangible currency that nobody accepted would be a scam lol
the currency isnt a scam, the exchange is the scam
And with no regulation...... I'm shocked.
You miss the bigger picture. VICE is done with journalism.
FTT (FTX's currency) was a scam, because the exchange itself was a scam. Cryptocurrencies are not all scams. 99% of them may be, but not Bitcoin. Don't spread misinformation.
@@stupit1679 ALL crypto is a scam: pump and dump, ponzi, out right theft...pick your poison, but its ALL bullshit
No mention of the hundreds of millions he spent on real estate for his parents, himself, and members of his board or the backdoor that allowed him to sell when everyone else couldn't.
Wait for the movie
I feel like seeing that FTX was based in the Bahamas should’ve raised some major red flags.
Right now, the wisest thing for everyone to do is to invest in non-government sources of income. Especially given the current global economic crisis. This is still a fantastic time to invest in stocks and digital currencies.
@Bryan Awesome!! There are several testimonials for this lady Melisa; I discovered her page a few weeks ago when searching her name on the internet; she is a true professional.
Given the macroeconomic situation that influences all equities and Cryptos, now is the best time to invest! I wouldn't be surprised if the majority of stocks and cryptocurrencies doubled by the end of the year.
OH stop it!!!!
Weird bot
Establishing its headquarters in The Bahamas SHOULD have been a red flag for investors, and I use the term "investor" loosely when I'm talking about crypto. All of these fad investments: crypto, NFTs, and anything else that is not what Warren Buffet calls a "productive asset", anything that has no intrinsic value, are doomed to failure at some point because there is nothing to prop up the increase in supposed value. In other words, you have to depend upon someone paying you more than what you paid. There's no other way for crypto to increase in value, aside from someone's willingness to purchase it. And when people decide they are no longer willing to prop up crypto with their money, you are left holding a digital token that doesn't even exist outside of the blockchain. It's ones and zeros in the cloud.
This argument works for anything with a capital value. What people don't get is that crypto DOES have intrinsic value, and that value is inevitably tied to the level of human activity around it and how it is used. It is DESIGNED as a currency, which is basically a tool to TRANSFER capital value in the most LIQUID way possible. Warren Buffet's.BNF can lose value as much as crpyto does
@@asleepawake3645 crypto shills assemble!!!
The problem is crypto is a scam as it’s a highly speculative investment with no utility besides laundering money. Thus, all exchanges except Coinbase are off shore. With Binance openly bragging about lying to US gov. Both Binance and FTX encouraged US customers to use VPN to access them.
You could say the same for any tradicional currency. It is just a piece of paper with a picture of a dead guy on it or just zeros and ones, as most of the value of a currency is created out of thin air by the government and is stored as digital numbers on banks. Nonetheless, us dollars or euros are sought over as a safe, solid currencies. Cryptos have more desirable properties, besides being a currency, like the hability to store and execute a contract or do instant transactions with anyone in the world without the need of banks or governments getting in the way.
Yup. Poor life choices.
In spite of the fluctuation in crypto, I still thank you for the level-headed financial advice. I started crypto investment with $4,345 and since following you for few weeks now, I’ve gotten $18,539 in my portfolio
Thanks so much Mrs Cynthia M. Levi
I’m new at this, how can I reach your broker?
It's refreshing to see lots of positive comments about Cynthia. I recently had the opportunity to use her services and since then, everything has gone very smoothly. It's amazing how accurate their market analysis is, and how good and understanding they are towards beginners. She'll even go to an extent of building up a suitable strategy plan that fits your investment size.
you can communicate with her on TELEGRAM with the username below.
investwithCynthia💯
Thank you
I don't understand the trend of having interviewers and journalists who speak as if they hate their entire existence with zero emotion in that weird monotone voice, with no smile or energy. It's like they are employing human Eeyores as journalists nowadays.
I love that people believed a billionaire would give away money. Then all of a sudden he takes all your money. Then it's hard to believe he'd do that 😂😂
😇☦️
He wasn't supposed to be "giving away money". He was supposed to invest it. Sure, many of the investors were rich people, so we laugh at them (just like you did). But if you noticed, some of the investors were entities like teacher pensions. Imagine you work 33 years, were making $68K a year, you're 62 and ready to retire, then find out you no longer have a pension because of what this devil did. You now have to work for the rest of your life, due to this scum. I'm not sure what you find funny in all of this.
@@dontbanmebrodontbanme5403 I find it funny people took him for face value. And didn't see past his bullshit and liberal BS. Lives in a house with 10 people all fucking. He's a creep. And will be prosecuted.
Imagine missing the Amazon *AMA550X* on-going presale, HODL STRONG the public sale about to explode
Yo, spoiler alert: AMA550X is a very obvious scam, you really it to question your naïveté if you even thought for a second this was real.
Lmao. Dude bought likes. It obviously is a working scam.
ridiculous that vice is sleeping on their comment section so hard to allow this level of botting and scamming
@@brendenklein784 This is the case for every channel. Spammers are always on point with their mass spamming campaigns, even if you delete the comments, there will be a 1000 comments more within the hour.
Maybe VICE should do a story about how every comment on their crypto video is bots spamming different coins?
Nothing about Sam donating 40 million to democrats days before filing bankruptcy or how Sam left a back door which let him transfer millions of dollar without anyone noticing
This is Vice, they sold their souls to the libs, commies and democrats a long time ago.
I heard it was even more into billions he's the fourth donor to the Democratic party he even admitted it on MSNBC how he buys liberal policy
To those that see this comment beware: This comment section is filled with bot comments praising scams!
And why is he not extradited and in custody?
Because of the millions he spent on politicians and in the Bahamas 😡😠!!!
Who knows. Corruption includes protecting the worst of the worst. It took them years and years to arrest Madoff
I'm still waiting for Trump....
Because he donated to top democrats.
@@76biggdogg probably, but the people who got ripped are going to want justice. The money can't be repaid so the debt is prison time.
I enjoyed watching the media and politicians flocking to him.
None of them could figure out he was a con man.
The media has forgotten what the word investigation means.
I think they knew and were enabling them. You don't get a tweaker like that in positions of power by accident.
There's a difference between a con man and an inconpetent man.
@@asleepawake3645 There is?? 🤔
@@asleepawake3645
There's def a difference between inconpetence & incompetence...😏😏😋😋😁😁
@@asleepawake3645 The media is gaslighting you into thinking this guy made a mistake. There were no mistakes, everything he did he did consciously and with purpose. The only incompetence from him was thinking he would never be caught.
Hey Vice you might want to address the comment section which is completely overrun by bots promoting a scam token. For anyone seeing this, the amazon token is a scam.
This scam is deep.
Daniel Friedberg, the supposed chief regulatory officer of FTX (and the Ultimate Bet poker scandal in 2008) should have a spotlight on him as well and then a potential prison uniform.
Isn’t crypto (or any other investment) gambling anyway? There is always risk.
Yes there is risk, but most cryptocurrencies and nfts are bought in a mindset of getting rich quick scheme. There is no such thing unless you're lucky and pull out the second it dips.
If you diversify and be consistent in your investments, you can gain a lot of profit in the long term and your future self will absolutely thank you. Investment is always long term.
That doesn't make straight up fraud acceptable
It was always a scam. It was just a working scam for 3 years xD I'd love to meet those who've lost 100s of thousands
Crypto isn’t as regulated (yet) and you should never keep your crypto on the exchange. Always cold wallet. There’s always risk but this guy fried needs prison time with his team. Just because they most likely misused and stole money doesn’t mean crypto is bad overall. This is a human error
Crypto bros, stand on your garbage.
Omg these bots, who is actually falling for this scam stuff, it makes crypto look worse
This is going to be interesting
Crypto is a curse on the financial system of the world. It will all end in tears.
The last 5 years I've been really on the fence if I was throwing away potential money by not investing in crypto. I'm relieved to find that my FOMO of the cryptomarket seems to be relatively unfounded. FTX was a shitshow I never would have predicted. Also I'm 30 too and I'm glad I don't owe anyone 6bn dollars or anything.
100% fraud plain and simple. Terra Luna, Voyager digital, 3 Arrows Capital, FTX. This is the song that never ends. Big question is.......who's next? BlockFi probably.
I appreciate your approach to teaching. I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market, heard some guy speaking of making over $300k from a $180k capital since the pandemic and I'm driven to ask what skillset and strategy can generate such profit
Use a risk management strategy when trading with hard stop losses and clear targets of when to take your profits. Or just buy ETFs every month for long term, similar to saving but it’s rather boring
@Kathryn Martinez Please, who is the broker assisting you with your trades? Can you share her contact details?
@Kathryn Martinez Thanks, I just looked her up on google and I'm super impressed with her qualifications. Have contacted her through her webpage to hear what she has to say about my situation
Typical SCAM THREAD don't buy it, people. Yet another bogus "conversation" offering "helpful" advice.
scam bot
This is the problem with crypto - this whole comments section is full of spam
Sometimes I really wondered how people make this huge profits investing on the stock market online, I agreed with you investing and earning is a legitimate way to gain financial freedom, but how is it done?
Most failure and loss on investment usually happens when you invest without proper guidance and the analysis of the profit and risk percentage of the investment.
My first start in stock gave me a profit of over $70k. I achieved this result because of the help of a good trader and ever since then I've been drawn into stock.
I encourage newbies who are interested in trading to place their trade under a good trader to avoid lose.
Wow am shocked someone mentioned and recommended Mrs Rachel Catrina I thought am the only one trading with her.
Wow I just made my first withdrawal today, trading with Rachel Catrina,Indeed her is an expert.
The reason I Don't do anything with crypto it's just a scam
Great video! I really do have a question. For someone with less than $10,000 to invest, how would you recommend we enter the crypto market? I am looking at studying some trders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach?
Crypto trding is highly risky and also very profitable. You can earn over 300% profit return on your investment if you really understand the market very well.
"how would you recommend we enter the crypto market?"
don't
I've heard alot of people earning consistent and high profit returns with the help of an exp trder , but the question is how do I get one? I'm very much interested in this
I'm also looking for a pro who is trust worthy and good that will trde for me. Can you recommend for me if you do have please ?
@Winder Manne Wow, i'm shocked you mentioned Dale McEwen, he is also my current trder
Why is the commentary section on your manga video off? And why does it seem to be region locked in Japan? What are you afraid of?
I appreciate everything thing you guys do 😌☺️😌☺️😌☺️
Why? They’re literally avoiding telling the whole truth
Glad I didn't buy into crypto. Worse ponzi scheme than the stock market 😊
The comments section is FILLED with scam conversations between "people" (read "bogus accounts") recommending various traders and financial advisors. People, be smart, NEVER fall for "advice" from anonymous people on social media.
Creating another source of income in these difficult times is the best thing to do. Not only does it guarantee returns, it also helps you plan and save for future express.it can be quite difficult to make an investment without sound knowledge or guidance,which is why it is adorable to work with an investment advisor
Does anyone here knows how to contact Mrs ExpJenniferLynch? thank you.
Thanks for your help
Thank you, I have contacted her and she responded
I'm wow, amazing to see others trading with ExpJenniferLynch I am currently on my third trade with her and my portfolio increase to tremendously all Thanks to her
As a first time investor, I started trading with Mrs ExpJenniferLynch with just a $4,000, now my portfolio is worth $11,400 within the space 2weeks trading with her.
the mind, the soul, idea, intent, reason, fear, health, reality, universe
Is it true that FTX was a very big donor to the #BIDEN campaign ? Big syphoning of funds...
How come you didn't mention he was a huge donor to the democrats...
If you think that BFX is about to collapse, then you don’t understand anything about crypto
Why did you keep the video "Inside the Pedophilic Manga Industry in Japan" private only for Japan?
Were you that frustrated with the firestorm in Japan?
Well, of course you are, since they pointed out all the mistakes and also criticized your sneaky stunt to make an Ota Ward Council member, Ogi, who has pledged his freedom of expression, look like a bad person.
And they do it in a way that only Japan is privy to it, making it invisible, and talking about it behind its back.
Great journalism!😝😝😝😝😝😝
The federal reserve is capable of manipulating the market anytime and whenever they want it so why should you depend on the government for your financial stability whereas you can make a good living off trades and investments. Pro traders are affordable and that’ll be your best route to huge checks and market knowledge.
On tele gram
Johndarry
Good lord, this entire comments section is nothing but crypto bot spam.
Okay why didn’t he just stick with creating the exchange and just eliminate the hedge fund part of his company
the amount of bots shilling in these comments is insane
Hard wallets folks… use exchanges to buy crypto but never use them to store crypto.
Hmmm… good article … but the fundamentals of the article are a bit wrong… we still do not who he is… why all went this bad and the intricacies of FTX
The whole theory of money is basically built around investing and saving but I’ll rather have the formal in play than the later simply because of it’s ability to yield more interest in growth than the nickels the banks gives as interest for saving
On tele gram
Johndarry
SBF was close to politicians and media types, which no doubt helped facilitate his scam. He contributed tens of millions to politicians and was a media darling. A big part of the puzzle that is ignored in this video.
People please be aware of bot comments. A lot of them read like this:
, I’ve been doing crypto and never lost any money
( why do so many start with a comma ? )
Be honest and call it a money laundering operation.
I’m sure it was a great report but I couldn’t hear it over the background music
I already converted all my ETH to ON26AM, now I feel like moving all my BTC to ADA as well.
How do people get rich from nothing. This crypto crap is a sign of society ended. It's garbage. Cash is king 👑👑
I’ve been under since day one, (April 2021). When BTC was supposed to go to $100k, It didn’t. I’ve been buying and hodling ON26AM and i know my patience will pay off .
I'm disappointed with vice. It was a bank run on a decentralized bank that had bailed out other banks that used that as a tool to destroy the good guy. Sam in my opinion was trying to do the right thing and got taken for it. Long live the banks! Long live the new government version of ftx! Vice I'm disapointed. I want the other side to this story and how people can use things like this to shape public opinion.
Moral of the story; Never trust a leg shaker 2:42/2:49
Any asset that does not produce revenues is a scam.
What happened to vice? This is more low budget than most msm news . And why do they speak like their audience is slow?
Didn't you guys take money from them... thanks for non biased reporting
#Paw coin is Stable, Strong and Super secured...The three (S) makes a complete Community...Join the Three (s) community which is #PAW the King of all Coin
They avoided talking about the campaign funding...
I've had the feeling BTC would be going to 3k as well. Clearing out all my Alts going into BTC and ON72AMonly, maybe a little BNB.
Jim Cramer needs investigated for his wrong doing in this
The company is called Gemini? It is not the first time I have seen literal geminis starting up businesses of thin air. Geminis are known for being entrepreneurs (see Trump, Kanye,...) and all the geminis I know are entrepreneurs. Not that I ever know what they do. And they don't always run their companies too well because they are too ambitious and too modern and trip over their own feet.
Go big or go home- straight to the Big house with bright orange lol 😂
This week is hell and a bloodbath can happen but why we don't discuss the fact that Amazon also released their ON26AM in it? Always two sides of a coin
Only have to read the comments in this thread to realise how much of a Ponzi scheme crypto actually is 😂😂😂
So many scam comments. It’s sad
when the "house of cards" falls.. who picks up the cards??
Crypto never had a use case, so losing money was always going to happen. Greater fool Theory. So if I throw money in a scam and I lose it all. Who’s the idiot? I’m the idiot.
This will passed in a year. I remember few crypto currency went bankrupt and i dont even remember their names because its not in the news now few months old scandal forgotten. Only youtubers talk about it as a content. Mainstream news not bothered and its weird. Some politics are involved here and they mastered the tricks
He's so happy about the Recession coming in, like he's super excited to be witnessing it.
The crypto kings must be worried. The comment sections are flooded by the bots.
Amazing. Almost every comment thread on this video is just fucking bots promoting different scams
There is high risk in FTX, is better to invest in $
#paw, very cheap and affordable
"Most trusted face".....ahahahahahaha dont be stupid, one look tells you he would pinch your money
Can’t believe this guy is still breathing.
i would contribute but he just told everything i read for free days ago .
Does the FTX US pro app still work? NFTs are stuck in there
Nice video but if you are a holder of #PAW, I bet you, you won't even think of your loss fund on FTT so why not invest in it now or add it to your portfolio
Considering the amount of crypto bro spam in your comments, you probably should have turned them off for this video and left them on for the Japan one. The one I can't actually watch since I live in Japan....
Vice, what is going on with you?
I think this was the 3rd thumbs up I've given Vice in about 3 years. Usually too biased.
Forget FTX for now, and focus on the new altcoin in the market, #paw is the best buying altcoins rght now
The real scammer just infront of us, is insane nowadays, this make people more scared to invest in Crypyo or others platfromed trust me...
ON26AM at less than $1. is like BTC at $100. When ON26AM finally blows it's gonna be epic.
The number of crypto bot/spam comments here with fake and pumped-up CZcams likes really is ridiculous.
Lol, what’s with the Turkish bots in the comment section, trying to scam people with AMP77X & AMA?! 😂😅🤣
Are you a GREATER FOOL? If you're still in crypto, YOU ARE!! The Greater Fool Theory is the idea that, during a market bubble, one can make money by buying overvalued assets and selling them for a profit later, because it will always be possible to find someone who is willing to pay a higher price.
The reason I got ON26AM is because I believe decentralization is more important than anything else.
FTX rugpull and it took this to happen to realize it was a Ponzi.