Crypto News: FTX BLOWUP, Market Crash, Contagion & MORE!!

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  • Опубліковано 8 вер 2024

КОМЕНТАРІ • 767

  • @CoinBureau
    @CoinBureau  Рік тому +44

    What a week it was! One for the crypto record books. And I somehow think that things aren't likely to get that much better this week. If you want content that you are not getting here then you can check out my socials 👉 guy.coinbureau.com/socials/. You may also enjoy my clips channel which has livestreams and shorter form content ua-cam.com/channels/R93yACeNzxMSk6Y1cHM2pw.html

    • @mrmusketier453
      @mrmusketier453 Рік тому +1

      Plus 500 is next

    • @nesobre
      @nesobre Рік тому +2

      you have soo many sponsors still... like you havent learned anything from this... NEXO is a scam and you shilling it on your website ..wtf

    • @Aidahanatube
      @Aidahanatube Рік тому

      Hi - I notice Trezor One is listed at a discounted price in the discounts page but the link takes me to a full price listing on the Trezor website. Is there a voucher code to activate the discount? Advice on how to realise the discounted price would be appreciated. Best.

    • @hokaheyamita9827
      @hokaheyamita9827 Рік тому

      @@vrapdd you only need to activate the "cc" square on the top right of the video, and also transcript is available.

    • @smillal
      @smillal Рік тому

      @@vrapdd please don't. Why? Just turn them on yourself if you need them!

  • @thejayscottascension7297
    @thejayscottascension7297 Рік тому +218

    FTX getting cleared out the market is a good thing in the long run - their management was involved with people we don’t want having an influence in the crypto world. We want to get well funded actors with hidden agendas out the market as early as possible, and thankfully their greed makes that easy.

    • @bciasb2795
      @bciasb2795 Рік тому +4

      I agree but things are not that simple.

    • @dingfeldersmurfalot4560
      @dingfeldersmurfalot4560 Рік тому +10

      Not that easy. SBF was immensely successful and pretty much hoodwinking everyone from government to wealthy investors to retail customers, and he still has his tentacles in things like SOL and APTOS. He got away with a pretty transparent scheme for way too long, and a lot of people and businesses will be hurt in the process. And so will the reputation of both crypto and even BTC in the fall-out.

    • @richardofrijole6309
      @richardofrijole6309 Рік тому +5

      Crypto is valueless now

    • @mignik01
      @mignik01 Рік тому

      I heard the same line after every single market crash, fraud and ponzi scheme. The truth is. There will always be people taking advantage.

    • @markoxford
      @markoxford Рік тому +2

      How much trust do you think there is ? It ain't unlimited. Crypto is so tainted and the scams are now exposed, (cynical boiler room seed funding for massive valuations, then sell the tokens given for the "investment" at a profit and abandon your initial seed capital as it was actually your original stake...), it's over as an asset class - thank the lord !

  • @jamesharlanjohnson6882
    @jamesharlanjohnson6882 Рік тому +30

    FTX was "hacked", how convenient the timing

    • @kimlizotte694
      @kimlizotte694 Рік тому

      I agree, but...
      Let me ask you this, when did cryptocurrency truly get on the radar of the government, Banks, whales? I believe this is when cryptocurrency as a whole has been jacked with much less hacked by those very entities. It's not the same crypto of 2011 that's for damn sure or even 2017.

  • @danielgritsak1260
    @danielgritsak1260 Рік тому +20

    The “hack” is just ftx trying to stop users from withdrawing their crypto

    • @tensevo
      @tensevo Рік тому

      No, it's a real hack, so there is no money in system for liquidators. You couldn't withdraw anyway.

  • @swiftdelivery1769
    @swiftdelivery1769 Рік тому +4

    I WANTED TO MAKE INVESTMENT IN CRYPTO BUT GOT CONFUSED BY THE INFUCTUATOIN IN PRICE

  • @spaceoddity2485
    @spaceoddity2485 Рік тому +17

    All these UA-camrs are suddenly experts on Alameda capital after the fact. But almost none of them said anything against it before the collapse

    • @gsxr750pimpin
      @gsxr750pimpin Рік тому

      Bit boy crypto was all over it

    • @TheChannel1978
      @TheChannel1978 Рік тому

      Even real financial advisors never admit fault. The only protection is doing one's own research and never trusting any information lightly.

  • @grantp6178
    @grantp6178 Рік тому +6

    QUESTION…… How much were you paid by FTX back in late Dec’ 21 and Early Jan’ 22? Just looking back on your videos to see how much it was being promoted. Do you feel any responsibility for not doing enough to prevent them causing all these issues?

  • @iandickson7699
    @iandickson7699 Рік тому +7

    Exchanges should be a simple business taking fees for transactions. A place for people to take risks eyes open, not a source of funds for the exchange owners to gamble with their unwitting clients money. Since this simple fact seems to have eluded them, they need to be regulated.

    • @Petra999
      @Petra999 Рік тому

      Just born yesterday?

  • @bepis647
    @bepis647 Рік тому +127

    The part about SBF's political connections 'let's just not go there' is the most important factor in all of this. US tax dollars got laundered through FTX and Ukraine - this is the part we need the average onlooker to understand. And immediately after this Janet Yellen starts going on about regulating the industry. This all stinks.

  • @coinfixer
    @coinfixer Рік тому +228

    We need decentralisation more than ever it seems

    • @kailashsaravanan8551
      @kailashsaravanan8551 Рік тому +27

      All roads lead to Bitcoin

    • @JohnLee-sm8op
      @JohnLee-sm8op Рік тому +3

      Thorchain.

    • @BigBootyJudy40ozBounce
      @BigBootyJudy40ozBounce Рік тому +1

      XCH is the most decentralized network and uses the same concensus as BTC while using less electricity. But people do literally no research and just dog pile the next shat coin.

    • @francisj4058
      @francisj4058 Рік тому

      @@JohnLee-sm8op pubechain

    • @bicyclexx7
      @bicyclexx7 Рік тому +7

      Problem reaction solution

  • @jackycornille8027
    @jackycornille8027 Рік тому +18

    would be wise to update your DEALS link as it stills recommend the use of FTX platform for US users, and this just under the Trezor wallet description ;)

  • @howardgriff4856
    @howardgriff4856 Рік тому +8

    I wish I got In on digital currencies earlier, I should have made millions by now, I just began Investing now that the digital currency market is booming and I'd appreciate clues and strategies on how to make a 4 figure profit within next few months

    • @reubendavid3043
      @reubendavid3043 Рік тому +5

      Start with a substantial amount and trade.
      it is a good time to get in on the market and it is also best to have a mentor assisting you

    • @ishaanacharya1572
      @ishaanacharya1572 Рік тому +4

      It makes sense having a consultant experience, beats knowledge.

    • @ericforster6470
      @ericforster6470 Рік тому +1

      Focus on two key objective. First, stay protected by learning when to sell stock to cut losses and profits . Second, prepare to profit when the market turns around. Recommend you seek the guidance a broker or financial advisor...

  • @1turf32
    @1turf32 Рік тому +5

    Cro is a one to one. Ceo had a question and answer last night. Cro rules

  • @carloschu7127
    @carloschu7127 Рік тому +23

    Could WEF be involved at the very beginning ? SBF maybe their pawn.

    • @julioj.5655
      @julioj.5655 Рік тому

      Yes. The globalists leftists are hungry for control.

    • @julioj.5655
      @julioj.5655 Рік тому

      Yes. The globalists leftists are hungry for control.

    • @herewegoagain632
      @herewegoagain632 Рік тому

      Absolutely

    • @axm8376
      @axm8376 Рік тому +2

      Or maybe it is actually shady crypto players? But sure, only the traditional financial institutions can be shady

  • @playcasinoworld
    @playcasinoworld Рік тому +5

    Meanwhile the overused cliche is often overlooked “not your keys not your crypto”

  • @IvarDaigon
    @IvarDaigon Рік тому +43

    you forgot to advise people to screenshot their balances and trade history before deleting the FTX app and logging out of the exchange.
    screen shots are important for making any legal claims after an exchange goes into administration.

    • @paulatravers219
      @paulatravers219 Рік тому +1

      I wasn't able to do this as the app stopped working!

    • @Petra999
      @Petra999 Рік тому +3

      Congrats now hackers can get in their photos and see if they're rich, which will get their account hacked and money drained

    • @IvarDaigon
      @IvarDaigon Рік тому

      @@Petra999 by the time withdrawals are halted, most of the tokens that you had on the exchange are long gone and all you see on the screen are IOUs so if you can't withdraw them, then neither can any "hacker" that has your info.
      This is why the funds that moved from FTX after the exchange shut down were most likely an inside job rather than the result of any external hacking.
      Documentary evidence is crucial if you ever want to make a legal claim when the remaining assets of a collapsed exchange are finally auctioned off or if you just want to write the whole thing off as a tax loss.

    • @mariusvanc
      @mariusvanc Рік тому +4

      @@Petra999 Do you even know anything at all about security, or how anything works?

    • @user-uf6gc1nd7e
      @user-uf6gc1nd7e Рік тому +3

      Not sure if even matters tbh...don't think u can get money back from ftx considering it's an 'unregulated' entity...and I'm almost certain u would had to click a box (agree to) your acknowledgement that funds aren't protected and they have the right to walk away if things turn bad...and everyone clicked accept to use their platform

  • @salmesangen
    @salmesangen Рік тому +2

    Guess those "buy the dips" t-shirts are not that hot anymore :-). Because now the dip will dip.

  • @Mentallect
    @Mentallect Рік тому +6

    Stablecoins should mostly be backed by gold, silver, platinum, palladium, and XRP.

  • @Deffine
    @Deffine Рік тому

    I came back after a year and this guy this guy still havent closed his eyelids even once.

  • @wheelerjuk2545
    @wheelerjuk2545 Рік тому +6

    For CDC I suggest you go and watch Kris's AMA from this morning so much FUD around CDC didn't expect that from guy...

  • @noompsieOG
    @noompsieOG Рік тому +4

    Nobody is saying this but all this is a good sign if the market soon to come , The market is cleaning itself and getting rid of the shady players one by one. Hodl my friends

  • @KilaKrumpira
    @KilaKrumpira Рік тому +4

    The funniest thing is that this kind of bankrun will happen to banks worldwide soon and nobody is calling for 'Proof of reserve' or any kind of regulation for the same problem.

  • @saanvi848
    @saanvi848 Рік тому +3

    I’m certain Bitcoin will make it, but the winter is still long.

  • @parishparsa
    @parishparsa Рік тому +5

    Please get that Solona video ASAP,,,, need some help clarifying,,,, need to make some decisions quickly 😊

  • @djbeatmat4554
    @djbeatmat4554 Рік тому +1

    best youtube channel who belongs to crypto!

  • @smashtoshismackamoto4746
    @smashtoshismackamoto4746 Рік тому +2

    NOBODY NEW is coming to crypto after watching all of this from the outside. Those that are getting DEMOLISHED will NOT return. Good job Everybody!

  • @danielschulz9304
    @danielschulz9304 Рік тому +2

    The revelation of proof of reserves is scary 😨 in itself. As any newbie can tell you without the liability side of this equation it means almost nothing.

  • @dude3678
    @dude3678 Рік тому +35

    Just when we thought bear markets were boring. Hahaha. This drama is almost worth my portfolio being down for now. All is well though people. The codes are still running as always. This wasn't the protocols fault. This was human greed.

    • @julioj.5655
      @julioj.5655 Рік тому

      WAGMI

    • @Eldeecue
      @Eldeecue Рік тому

      It's a corpse. It can only rot and stink even more from here.

  • @thrust_fpv
    @thrust_fpv Рік тому +3

    "FTX + Bahamas" that's all you ever needed to know, "hello future" 🙂

    • @MarkWesley
      @MarkWesley Рік тому

      And Almeda Research based out of Hong Kong LMAO

  • @rcanderson4328
    @rcanderson4328 Рік тому +14

    I like Solana and personally I’m glad FTX and Alameda dumped all theirs, now Solana can start fresh and show how good it is and will be.

    • @thomasfowler8212
      @thomasfowler8212 Рік тому

      I'm new to Crypto so this is genuine question, why is Solana better than other coins??

    • @KamikazKid
      @KamikazKid Рік тому

      @@thomasfowler8212 fast transactions & low fees are the positives of solana, the negatives are that it is more centralized and has suffered outages. Personally I think BTC & ETH are better, but I do hold some SOL.

    • @Savage_Viking
      @Savage_Viking Рік тому

      @@thomasfowler8212 FAST TRANSACTION, SUPER LOW FEES, AND NO LONGER CENTRALIZED. eth HAS BECOME FAR MORE CENTRALIZED SINCE THE MERGE.

  • @corey8677
    @corey8677 Рік тому +1

    XRP will do well now, seeing as it was locked up with SEC scrutiny and has been un-tradable. And it's going to be used in Australia for the CBDC trial begining in 2023.
    Coincidence? I think not.

  • @BSJWright
    @BSJWright Рік тому +2

    There is no reason to suggest that Solana isn't going to survive this! Market price (just as a share price of a stock) doesn't indicate the strength of a project. I worked for a large engineering firm some years ago with a fairly low share price and we had a market leading product. Do not make the mistake of assuming the price of a token indicates whether it is going to die or not

  • @jagusiff
    @jagusiff Рік тому +31

    2nd biggest Democratic donor during the mid-terms, over $40 million, whose money did he donate? Think we need campaign finance reform?

    • @FUD1337
      @FUD1337 Рік тому +4

      Facts, he used all his customers money.

    • @bridgetekcommunications332
      @bridgetekcommunications332 Рік тому

      Our money. The whole thing was a democrat scam fund raising scheme under the cover of a crypto exchange

    • @HYNTV
      @HYNTV Рік тому +1

      40 million is peanuts bro , chill

    • @2koenusz
      @2koenusz Рік тому

      The ukra1ne money

  • @RodrigoZucher
    @RodrigoZucher Рік тому +30

    On time and on point as always ! Thanks so much for your content, Guy
    And for everyone, ALWAYS REMEMBER: NOT YOUR KEYS, NOT YOUR COINS !!

  • @nogenbeck9685
    @nogenbeck9685 Рік тому +1

    I love this guy’s no bs analysis. I will add that BTC is also insurance for a global currency collapse, so yes, cash is good, but not having any BTC is like driving with no insurance…during and within a massive police chase from Bad Boys 2.

  • @seanmarchetti7824
    @seanmarchetti7824 Рік тому +53

    The CDC reserves published where users funds, not reserve funds they are coming in an audit. Probably worth watching kris's AMA. He advocated moving funds off exchanges too. Very surprised Guy isn't mentioning this

    • @JRD876
      @JRD876 Рік тому +4

      It is not smth that would just fly over his head usually

    • @adrianochelentano4956
      @adrianochelentano4956 Рік тому +13

      Same, really disappointing how even people like Guy is creating FUD out of a company with no real substance or without having checked the data surrounding the “issue”.

    • @06lynchc
      @06lynchc Рік тому +8

      I agree with this, big miss from Guy here!

    • @johnb3169
      @johnb3169 Рік тому +9

      @Coin Bureau please check latest news before hitting upload. You are spreading more FUD because of reserves being mistaken for 1:1 customer funds.

    • @sebastiaanfrancois4796
      @sebastiaanfrancois4796 Рік тому +8

      Also that 700 million deal for the name on the NBA arena is not 1 lump sum. It's paid over a spam of 20 years. So they are not in a finacial problem at all. This are normal numbers on a yearly basis. Guy really forgot to mention a lot

  • @aaronshotgun
    @aaronshotgun Рік тому +1

    USDT 66billion issued. 70% is 46billion. How has FTX/Alameda been the recipient of 46billion?

  • @EricTanHold
    @EricTanHold Рік тому

    Coin Bureau, I knew AAX because of your ads. The AAX can’t withdraw now.

  • @MethitKrongkaew
    @MethitKrongkaew Рік тому +7

    Guy and team - thank you for your continuation in providing such superb content. Somehow I hope that in few years time looking back on this day we would see that it is a blessing in disguises to shake out the bad actors in being in some kind of better standard for cryptos.

    • @cryptopong9492
      @cryptopong9492 Рік тому +1

      ...do you realize he himself promoted FTX?

    • @joestar719
      @joestar719 Рік тому

      Yes, also buy FTX tokens as he told me too. Do you mine?

  • @fujisan0388
    @fujisan0388 Рік тому +1

    10:38 The sheer contempt for SHIB hahaha

  • @Tayles
    @Tayles Рік тому +1

    The Algorand team is laughing at all these bad actors. Pack your Algo bags fam.

  • @michalbotor
    @michalbotor Рік тому +5

    @Coin Bureau: petition to add worst performing cryptos to your crypto news (within top 100 unless a coin was in top 100 at the beginning of the week but it is not anymore).
    tracking worsts is as important as trucking best, as there is usually a reason for them doing so: like ftx token or solana.

    • @dingfeldersmurfalot4560
      @dingfeldersmurfalot4560 Рік тому +2

      Not a bad idea but top 100 strikes me as too broad. Many of those are also-rans few pay attention to and would be largely degen news or news about non-movers. Maybe top 30, to stay relevant.

    • @michalbotor
      @michalbotor Рік тому

      @@dingfeldersmurfalot4560 thorchain. 😭😭😭

  • @mohammedlaher1919
    @mohammedlaher1919 Рік тому

    The only correlation between crypto and the stock market is that when the stock market goes down crypto goes down but in the stock market goes up crypto does not necessarily follow it

  • @SamDaMan1
    @SamDaMan1 Рік тому

    Thank you for not playing into the FUD like everyone else. Much appreciated

  • @rongard4679
    @rongard4679 Рік тому

    Backup phone before deleting app if possible. Keep as much evidence as possible.

  • @dakidlrg
    @dakidlrg Рік тому +1

    Algorand had no part in this, ppl sold some I'm my opinion because we were up so much like polygon. Unlike polygon we weren't in bed with FTX

  • @CameronWall
    @CameronWall Рік тому +4

    I'd go as far as to say that SBF was chosen by Capital Hill to setup FTX etc and they would go on to boost them to great things then bring it all crashing down. The Govt have to crush Crypto.

    • @tensevo
      @tensevo Рік тому +1

      It would make sense in a pied Piper style , to bring all the children to ftx, with a monopoly on money, then hold world to ransom, however, I think sbf was just a gamer with bad high level strategy, who thought, it's different this time, it can't happen to me, and, the end justify the means.

    • @mradventurer8104
      @mradventurer8104 Рік тому

      It is easier to make government responsible for everything wrong instead of taking responsiblity for our own actions.

    • @CameronWall
      @CameronWall Рік тому

      @@mradventurer8104 I take full responsibility for my own actions and am happy with them.

  • @8jcastro6
    @8jcastro6 Рік тому +2

    Ok so I'm confused....Can someone please explain this.... So, I thought crypto had one universal price per coin. So why would BTC be more expensive in Japan than in the USA?

  • @pavb1421
    @pavb1421 Рік тому +2

    If the website and app contain malware, then the administrator/trustee of FTX should be liable for letting them still be accessed by anyone over the Internet, simple duty of care.

  • @sevdev9844
    @sevdev9844 Рік тому

    It doesn't make much sense that Bitcoin would go down with stocks. Maybe it's the case right now, but companies need to make profits, Bitcoin for escaping other markets.

  • @mikechar17
    @mikechar17 Рік тому

    Apparently Kraken mistook the identity. During the transactions the system was talking to two people, one was an employee of FTX who was trying to stop the hack, the kraken system mistook the FTX employee trying to stop the hack as the hacker. Wrong person in the end, identity unknown still.

  • @charlessmith1113
    @charlessmith1113 Рік тому

    Let's see how this ends up for Coinbase and Circle. I don't think it's something good.

  • @Kerath
    @Kerath Рік тому +1

    I will never own anything except ETH, BTC and LINK. Everything else can burn, these 3 will survive for an absolute certain.

  • @jimlaheta8864
    @jimlaheta8864 Рік тому +2

    Thanks for the update! When you create your Solana update, can you include how recent events may affect the Star Atlas game built on the Solana blockchain, and also for Helium which is moving to Solana??

  • @dragonhoard9371
    @dragonhoard9371 Рік тому

    Remind me again how stable these coins are again? I'll keep my silver.

  • @ArnoHofman
    @ArnoHofman Рік тому

    Hey Guy, do you think USDT could (ever) be in danger because of the FTX situation? An would you swap it for BUSD?

  • @jonathanayres7789
    @jonathanayres7789 Рік тому

    did anyone else delete the FTX app during this video

  • @nepatriots77
    @nepatriots77 Рік тому

    i hope solana can survive this and prosper. I invested a decent amount on it.

  • @bfrandsen1
    @bfrandsen1 Рік тому

    The crypto winter that is developing now is going to last for years. Bankruptcies, regulation, reaction to regulation, damaged reputation, prosecutions...etc.

  • @AUNZAnon
    @AUNZAnon Рік тому +1

    Why isn't anyone talking about the immature, inexperienced school girl, Caroline Ellison, and questioning how she was permitted to take charge of $10b as CEO of Alameda?

  • @dosomething6975
    @dosomething6975 Рік тому +4

    This is going to be a spicy one 🔥
    Thanks, for keeping us updated!

  • @festinobaroco7405
    @festinobaroco7405 Рік тому +9

    Best luck to everyone this week, hold tight, stay alert and act wisely!

  • @footyball66
    @footyball66 Рік тому +5

    Nice, we are clearing out the bad players from Crypto.

    • @13capivara13
      @13capivara13 Рік тому +7

      Not the first , not the last

    • @Petra999
      @Petra999 Рік тому +3

      Not true, just giving big brother more power over you when they introduce new regs

    • @Synchronicitizen
      @Synchronicitizen Рік тому +1

      @@Petra999 Unfortunately, both of you are correct.

    • @mongolracer2794
      @mongolracer2794 Рік тому

      new will come .. look at all the new "coin" listings .. they are just scam coins

  • @Roughneck7712
    @Roughneck7712 Рік тому

    You should have just titled this video “Solana, more FUD for my favorite punching bag!”

  • @jasonkeys1661
    @jasonkeys1661 Рік тому

    Mark Moss does a brilliant investigation .. connect the dots .

  • @kalebarancelovic
    @kalebarancelovic Рік тому

    It's all well and good keeping your cryptp off CEXs, but how do you sell your crypto and send the fiat to your bank account without bypassing a CEX?

  • @Ohmz2000
    @Ohmz2000 Рік тому

    The hacker used his own personal account to pay for gas fees on kraken, smart but not that smart 🤣

  • @ritaritzband
    @ritaritzband Рік тому +2

    ok, i am convinced now.... so $ADA it is indeed

  • @RogueMoney
    @RogueMoney Рік тому +1

    Hello. Beside the Solana vid. Can you make one for Eth, ADA,Atom, and Dot. Thanks

  • @johnshearing
    @johnshearing Рік тому +1

    Why are you not reporting on the connection between SBF and Gary Gensler?

  • @JaycubMacawl
    @JaycubMacawl Рік тому +2

    Kraken has NO exposure to FTX. FTX held NO Cardano.

  • @itsvmmc
    @itsvmmc Рік тому +1

    No matter how low BTC drops, people keep calling for lower prices. In early 2022 people called me a giga bear for thinking that BTC could drop below 30k as people saw it as the unbreakable support level. Now many of those same people are calling for 10-12k. It's funny

    • @genejitsu3305
      @genejitsu3305 Рік тому

      The price is irrelevant. Only for miners, and large miners have prepared for this scenario. The stage has been set, and with every fed announcement, cbdc unveilment, BTC becomes more relevant.

  • @SuperKanuuna
    @SuperKanuuna Рік тому +1

    When does GuyCoin crypto comes out??

  • @kevinkirchner4174
    @kevinkirchner4174 Рік тому +3

    Investing in crypto has been the best profitable investment I have made so far. There is an opportunity for newbie traders to take advantage of this, it's quite a shame people can't see that, cryptocurrency is far better than any digital trade now.

    • @hetch6678
      @hetch6678 Рік тому

      . Can someone please tell me how to trade and recoup my losses instead of losing more?

  • @lr937
    @lr937 Рік тому

    There is no malware, they tryingg to stop people from accessing their coins and avoid further damage…

  • @Absquatulate_Magnate
    @Absquatulate_Magnate Рік тому

    Why would someone pay for a non custodial wallet?

  • @mclovin6537
    @mclovin6537 Рік тому

    10:38 guy almost says “shit” instead of “sheeb” 😂😂😂

  • @mikecoolwind7039
    @mikecoolwind7039 Рік тому

    Coinbase has been the single most honest. American morality.

  • @jamesnewman7813
    @jamesnewman7813 Рік тому +4

    The market is deeply poisoned and it affected everyone. I see the panic level rise and it has to be stopped. People see the crash but they ignore the opportunity. I don't spend much of my usdt on crypto now, but I invested a certain part into BTC and Matic

    • @gobot581
      @gobot581 Рік тому

      Crypto tech is the future. The present is recession they will drop more next year before going up

    • @IvarDaigon
      @IvarDaigon Рік тому +1

      USDT is very likely just as risky as FTX/FTT because it is also centrally managed by an opaque organization.
      Centrally managed = single point of failure = extreme risk.

  • @juandudero2838
    @juandudero2838 Рік тому +2

    More power to you brother, probably one of the channel without fud and really study the content compared to Paul barron and George.

  • @StephenGrindle
    @StephenGrindle Рік тому +1

    Awesome as always. Thanks for the updates very informative.

  • @victorgonzalez4029
    @victorgonzalez4029 Рік тому

    Well I just say that all cryptos are radioactive except for Bitcoin of course.

  • @formertenant9276
    @formertenant9276 Рік тому

    The only problem I have found so far is transferring some of my coins to my ledger is going to cost me stupid amounts and it's not worth it, why give away all of my crypto to save a fraction of it?? Hmmm unless anyone has any ideas I feel stuck... anyway, thanks again for another great video.

  • @julianlennon5312
    @julianlennon5312 Рік тому

    so should we start dumping SOL ?

  • @TheBunkmeister
    @TheBunkmeister Рік тому +8

    You do a fantastic job at keeping us informed and educated. Thank you.

    • @beemoney217
      @beemoney217 Рік тому +2

      He shilled FTX just months ago.

    • @ThanatosReaper
      @ThanatosReaper Рік тому

      If you think you are informed by this guy I have an exchange to sell you...

  • @aaronlevy6783
    @aaronlevy6783 Рік тому

    Thank you for covering. I know you were duped by SBF along with many other yt crypto influencers . However, I find it hard to trust anyone's recommendations anymore after they promoted FTX and made thousands or millions from them. I won't get fooled again.

  • @artblockchainmakeit4928
    @artblockchainmakeit4928 Рік тому

    Ftx/Alameda only had/has 17M tokens from near project. Circulating supply is 826.989M of the 1B total supply. So this is not a big chunk as you said in your video. Please correct this.

  • @GlobalKeVv
    @GlobalKeVv Рік тому

    They’re asking you to delete the app so you don’t have a record of your assets when the administrators go through it all.

  • @brettburkholder325
    @brettburkholder325 Рік тому +5

    Thank you for providing such well-balanced, high-quality news on the crypto market. 👏

    • @johnhopkins6029
      @johnhopkins6029 Рік тому

      Yes and he promoted FTX, hope you didn’t use his coupon code

  • @piggyp2355
    @piggyp2355 Рік тому

    Ftx blockchain already have international presence and subscribers. I think someone is interested to be new boss of ftx

  • @afewthoughts7755
    @afewthoughts7755 Рік тому

    Twitter premium should be a better idea than verification imo like No-ads, or edit privilege, etc.

  • @emilebichelberger7590
    @emilebichelberger7590 Рік тому +4

    Looking forward to a Solana update

    • @SuperKanuuna
      @SuperKanuuna Рік тому +2

      write in youtube search: "solana update" hope you can now move on..

  • @HellGod67
    @HellGod67 Рік тому

    I was so close to using FTX hlf a year ago XD even still had the app installed

  • @Synchronicitizen
    @Synchronicitizen Рік тому

    The Jerry Springer Show should be calling SBF in a few months. Class mobility in reverse.

  • @matthewmaguire3554
    @matthewmaguire3554 Рік тому

    The product unchanged....Would be like if Goldfinger some how did get all the gold out of Fort Knox...the gold is unchanged...still gold.

  • @danzusername
    @danzusername Рік тому +1

    is it possible that there could there be incriminating evidence in the FTX app and that's why they're telling everyone to delete the app?
    just a thought.

  • @danielroberts2012
    @danielroberts2012 Рік тому +5

    could you address the rumors that you guys took money from FTX to encourage viewers to leave their money on the exchange?

    • @dvngnt
      @dvngnt Рік тому +3

      citation needed. i feel like he's always talked about using hardware wallets

    • @Littlewing1977
      @Littlewing1977 Рік тому +2

      Guy recommends in most videos to keep your crypto in a hardware wallet

    • @danielroberts2012
      @danielroberts2012 Рік тому +3

      @@Littlewing1977 that's not true in the video where he goes over hard wallet versus exchange he encourages the average user to use exchange

  • @dotted9689
    @dotted9689 Рік тому

    Good edition. Thanks! Ever thought about a crypto news live on monday?

  • @XMJX647
    @XMJX647 Рік тому

    If the world had a stock ticker I would buy puts lol

  • @plandreal5173
    @plandreal5173 Рік тому

    Thanks for the indepth analysis. Media talks about bankruptcies while ignoring CZ's Industry Recovery Fund. No one in general is talking about the affect of struggling firms or projects dumping their crypto portfolios to stay afloat or winter energy costs re-spiking inflation concerns, a potential double whammy as stocks would tend to correct downward, dragging down BTC and altcoin prices. Centralized VC coins IMO or low value hype coins would be hit the hardest and some may never recover.