note! at 7:00 I showed Justin Sun's ethereum wallet instead of the TRON wallet we traced. The actual traced wallet is: TPyjyZfsYaXStgz2NmAraF1uZcMtkgNan5 just for those interested in doing more digging.
i saw this comment before i heard the mention and kinda brushed it off. then it came up and i went "OH NO." the future biopic miniseries looking back on crypto will be an incredible narrative.
I love that through crypto a young generation is rediscovering all the pitfalls of unregulated finance. A cesspool of greed, scams, empty promises - all under a thin veil of “decentralization”, “empowerment” and “sticking it to the establishment”.
Why are you loving that? People are literally fucking up their future. I'm also in crypto, but I did my research on LUNA/UST and figured where are they getting the money from? And so I didn't buy any.
@@thefirehawk1495 I love it because those lessons need to be learned. When investing has a “get rich quick” casino mentality society suffers from a zero sum game. Whereas when investing is about adding productivity in the form of new and better goods and services to the world, then it’s a positive sum game where everyone actually becomes better off in the long run.
Right... Crypto scammers don't really care about decentralization. They are really interested in deregulation. Without regulation it is far easier, and less illegal, to swindle people from their money.
@@GrandChessboard If crypto is not regulated by rules and someone then why would anyone believe in crypto? They literally could change the rules everyday. Chicken and egg problem.
decentralization as a business is laughable. the whole point of a business is to grow and produce more valuable goods and services. Thats like saying they are a business trying to create communism through capitalism. Centralized banks are the final products of a free market; its the most efficient and best money-generating version of a bank. If people want to take power away from the bank you cant use the free market. Look at any successful business much less just banks, none of them are decentralized. That's because they receive a competitive edge by being centralized. Until that edge is removed, centralisation is inevitable
@@GrandChessboard Because without regulations all manner of unethical things can be done without any repercussions. Our Banks used to have that same kind of leeway which in part led to the Great Depression. Had banks had to follow the regulations back then that they do now that would never have happened. Crypto is like the banks of back then there are so many crypto scams because of there being no regulation its almost like why not do it theres no consequences Edit: FTX would not have gone bankrupt had Crypto exchanges been under the same regulations as banks.
Saw you on CNN. You did well. Media giants are finally publicizing a good guy, instead of every single bad guy that comes along. Hope your channels grow by leaps and bounds, as you provide a desperately needed service.
All you need to understand is look up the word FUD. That's all Coffezilla is doing, just spreading FUD because he himself doesn't understand that crypto is the future.
Basic rule of thumb: if there's a yield higher than 10% on ANYTHING, institutional investors would flock to it like flies on shit. If they're not, then you know to stay away.
I’d just like to point out the massive irony that I always get these guru ads whenever I click on your videos: millionaire mindset, Dan Lok, Grant Cardone, and dozens of clones of the same shit. The scam hustle never stops
And the u.s. dollar is still also backed by nothing. All fiat monies are currently backed up by nothing. So really the question is, what scam do you want to believe in? Fiat, crypto, NFT's, antiques, postage stamps? Lol
I love that if you count all of the votes in Justin's wallet as him as one person, his best odds on the vote were 135 to 4 against him, assuming that the other 3 votes were all different people. That's honestly priceless.
lol Justin's wiki page is marked as problematic because he probably paid someone to write it the way he wanted it, allegedly. I mean, it very conveniently leaves out all dubious parts of his history.
Most of wikipedia is like this, majority of the people that write the articles on an event/person are bias toward it, hence caring enough to write/edit it.
@@Jake_Hamlin Most Wikipedia pages are actually written by a very small amount of people. 90% of Wikipedia is written by a few thousand people. One man alone has made 35000 articles, and over 3 million edits.
@Guy Whose opinions will offend you there are no bad vibes.. the dude is a total and utter sociopath at best.. he is a walking Red Planet. Those who invest in this after seeing his resume, deserve to loose their investments. He is like a 80's Jordan Belfort but with a faaaaar worst trackrecord & still going strong in his coke conviction that he is not going to get caught because he has diplomatic immunity. The FBI will eventually get his ass.
As Warren Buffett says crypto doesn’t make anything so it doesn’t produce a profit such as buying a stock in a company that makes something that pays a dividend out of the profits generated. I can see see Bitcoin becoming a universal currency and perhap a hedge against inflation but that’s about it. And if Bitcoin ever gets to that point it will probably be heavily regulated. Most of the rest of these alt coins appear to be pump and dump scams aimed at naive people.
Pretty sure the reporter had to refer him as such to pay respect to the country who gave him the title and avoid controversy, not necessarily to get on his good side, but yea it was cringe as hell
When you can go to jail in certain countries by referring to someone as the wrong pronouns….they’re going to bend over backwards to make sure they use the “proper” title.
Well, he was able to figure out all of that through the crypto technology, i mean he traced back all the activities on the Blockchain. Nothing is hidden on the Blockchain. However, people are so dumb and lazy to go and figure it out themselves, greedy people! I hope you can see the empowerment there, it's just people need to embrace it.
Absolutely love how you break things down. Helped me really understand the landscape of crypto. As someone who has spent countless hours on studying scams and con artists, these get me!
I remember someone in the c-suite of Tron mentioning they were getting into the algo stable world. That was on the heels of Luna falling apart. This hot mess is backed by them.
I wish I could invest in Ponzi schemes and crypto scams. Not literally investing in multiple different companies and coins, but invest in the idea, quantity, and propensity of them. If I could go back a year and a half and do that, I feel like the returns would be off the charts!
The more Coffeezilla videos I watch, the more confident I am in my own investment strategy of betting on greyhound races. At least the dogs will never rug me
That's what the big dog wants you to believe :) In reality behind closed doors the greyhounds are laughing at you and drinking fine wine with your money...
OK I *swear* I'm not normally that gal and I *know* this was just a joke about an unrelated thing, but I'm gonna take the opportunity to soapbox anyway: If you're at all interested in the topic, please look into greyhound racing and the controversy surrounding it, because the dogs are often not treated very well and sad dogs are Not A Good Thing. Thank you 💖
Great video as usual. To me it's just insane how governments keep allowing this, the chance this will end in tears and wipe out retail is 100%. This will be a chapter one day on the insanity starting with 2020 in history/economic literature and yet we are mid 2022 and people are still free to do this, absolutetly incomprehensible.
Keep allowing this? You're kidding right. Whilst government's are running the biggest Ponzi of them all. The stock market is a complete fabrication, the property market is in a huge bubble that only benefits the banks, and this is world wide. Currencies are crashing everywhere, the Japanese central bank is in a war trying to keep the Yen from crashing. The amount of money in Crypto is pittance compared to what is being lost around the world currently. The insanity started in 2008 when the world economy died and government's have not just allowed it to continue but are part of it.
it's not the responsibility of government to prevent people from engaging in stupid acts. Is it within the government's authority to ensure material facts are disclosed, showing it is a stupid act? Probably. But, if you know what crypto is and still buy it, it's all on you.
Crypto bros will scream "crypto will have no meaning if it's regulated by someone" Then scream when crypto crash why no govt bodies are helping them. Again a chicken and egg problem.
As a securities trader I'm amazed how this is not regulated yet still makes mainstream media attention. What more amazes me is that is all publicy availailable on blockchain yet still ppl sink millions of dollars into this kind of scams. It's basically fortune chain mail 10.0 with 0 incentive. Stay safe guys.
Stop putting money into crypto and you won't need to know. It's literally stupid. Unless you think you're getting enough information to know the optimum time to leave the scam.
breh obviously normal people know not to join this scam, im saying to keep “others” and diehard fanbases that dont know theyre creators real intentions.
I always simplify my life, i.e. if the Oracle of Omaha doesn't endorse crypto then I'm not buying crypto; if he buys Verizon stocks then I'm buying Verizon stocks (I already did when he made that move). I would rather listen to successful people that are tried & tested than listen to "unknowns".
I'd love to see a comprehensive video by you about what you feel is a sensible way of going about investing nowadays. Like, not the insane "imma go all in on some meme coin" nonsense but just a healthy approach to it. What websites or tools should be used, what kinda stocks should be avoided or focused on etc. If anyone here has some input on that, I'd be interested to hear it.
I got a few questions. It's great that this channel is out there and provides essentially what is a public service, calling out these bad actors and alerting the general public to various scammers and such. That is potentially valuable since that kind of information helps prevent people from losing their life savings and being screwed over by these guys. What is coffeezilla's main revenue source? Is it merch, advertising, donations? Does he provide audits or recommendations?
Invest broadly in the market (not individual stocks/crypto), build savings in high interest account, pay off debts aggressively, and try to buy property. No you won’t be rich overnight, but it’s the easiest way to safely become a millionaire. All these young people are wasting their most valuable asset - time - on the gamble of getting rich faster. It’s sad. We need to teach personal finance better.
That fact that a company can promise a risk free annual return of >40% and that investors actually believe that claim just blows my mind. How in the blue hell is anybody going to be able to promise that type of return as risk free? Did they discover or invent a money growing tree?
Yes they did it's called Merkel tree and one of the root technology's cryptocurrencys build on. But yeah call money tree. If you calculate average annual crypto returns you are in 4 years In the last 15 years at a minimum return of 30% per year and maximum of 400% depends on the dcay and calculation method
@@peernetwork Yeah, but crypto is anything but risk free. People who bought BTC at $60k aren't getting that 40% return, are they? Crypto is an extremely volatile and speculative investment vehicle. Anybody saying any otherwise is ignoring reality.
@@peernetwork you're going to stay poor because that is absolute nonsense. As a dollar amount, how much more money do you have right now from crypto not including BTC? Anything?
Yeah I invested in Tron back in 2017 I really believed in the project and Justin’s vision Then 4 years later it’s done basically nothing price wise So I jumped out while I was in profit
I stayed away from crypto entirely because, when it was explained to me, there was a lot of confusing details thrown at me but a distinct track of "this sounds like a scam" running through it. If this channel has taught me anything, it's that I made the smart choice to just stay away from that entire market.
I like how so many of these coin founders appeal to decentralization, while the truth of the matter is the coin’s existence orbits a single egomaniac. Caveat Emptor!
@@Asdayasman it was the most creative thing I could come up with when I was 14 so I just stuck with it. Though I’ll admit I’ve had some weird experiences with a name like this.
@@Asdayasman Never told people how old I was, thankfully I was never that dumb. And surprisingly I only have this name on UA-cam. I use another name on all other platforms. Don’t have the heart to change this one, I have way too many funny memories with this name.
This is a throw back. I remember when Justin released Tron. This guy ironically is a protégé of Jack Ma who was the founder of Alibaba….needless to say I don’t think his projects are that innovative.(over hyped)
He got his start being involved in a SnapChat knockoff that he cashed out of before it collapsed. Becoming a crypto scammer was just a natural progression.
Fool me once shame on you (Luna) Fool me twice, shame on me (Celsius.) Fool me three times? (Tron) I deserve to loose everything. If the last few months hasn't proved that Defi is unsustainable then I don't know what will convince people.
Lol, googled that exact thing a couple days ago. BITI is an ETF that shorts Bitcoin. I haven't bought it yet, because it doesn't seem all that less sus than crypto itself, but I like knowing that it exists.
I am not a crypto person but when coffee is talking about the offloading theory, Basically what im hearing is he's basically making a coin and printing money to basically launder another currency.
![How This Man Just Caused a $45 BILLION Crash [Terra Luna]](http://i.ytimg.com/vi/3KZY41SqaTI/mqdefault.jpg)
note! at 7:00 I showed Justin Sun's ethereum wallet instead of the TRON wallet we traced. The actual traced wallet is: TPyjyZfsYaXStgz2NmAraF1uZcMtkgNan5
just for those interested in doing more digging.
Hey if u read this u should do dmt lsd and ayahuasca its life changing we're all the same consciousness creating reality through the mind🧠👁🕉
@@3iiis no that's satanic stuff.
@@3iiis I just can't see how that's relevant to anything in this video or comment.
@@joystiicks5680 probably a bot would be my guess lol, or maybe like Rogan's alt.
@@joystiicks5680 "Coping with crypto losses" :D
Seeing Alameda research brought up in old pre ftx collapse videos is like when they tease the next avengers villain in an MCU film
i saw this comment before i heard the mention and kinda brushed it off. then it came up and i went "OH NO." the future biopic miniseries looking back on crypto will be an incredible narrative.
lmao.
They all look legal while another big crypto giant is being this blatantly criminal and to be honest brainless. I wonder who will be next
SBF: Fine, I’ll do it myself
Alameda gets mentioned in one of Coffeezillas videos on Tether too. 😂
if someone promises you 40% returns, get up and walk away, and if they say it's riskless too, run out screaming
zero iq with zero experience in defi detected
What? You dont want 40% returns??
@@dioc60 it’s all just FUD they say…
😂😂😂👌
True that. If I can't hit 10 x returns or at least 5x, I won't even bother looking at what he has to offer!
Risk free, 40% returns, 300% backing and a healthy dose of "Trust me bro" from your excellency Justin Sun.
Your comment and your profile pic go all too well together
People can't stop donating fortunes to him I guess...Dozens of ponzu's at this point I've lost count of how many bs tokens he's created
😄😄😄
“A small number of white listed institutions like alameda research” I’m sure they could use some extra coins now haha
Dude my exact thought
Well... that aged like milk on a hotplate.
Glad im a new coffee fan because listening to this backlog and hearing all the stuff tied into the other scams is crazy!
Famous last contractual words
@@Hybrydnaki Me too I'm loving seeing Alameda pop up multiple times. I feel like I'm watching a movie with crazy foreshadowing.
"Ultra conservative investment"
39.6% return.
Yup, sounds legit.
It's very conservative when every other similar scam is promising 367,000% tbf
I love that through crypto a young generation is rediscovering all the pitfalls of unregulated finance. A cesspool of greed, scams, empty promises - all under a thin veil of “decentralization”, “empowerment” and “sticking it to the establishment”.
Don’t hate the playa
Hate the game
@@MAGACOPP how are supposed not to hate the fucking scammers
Why are you loving that? People are literally fucking up their future. I'm also in crypto, but I did my research on LUNA/UST and figured where are they getting the money from? And so I didn't buy any.
@@thefirehawk1495 I love it because those lessons need to be learned. When investing has a “get rich quick” casino mentality society suffers from a zero sum game. Whereas when investing is about adding productivity in the form of new and better goods and services to the world, then it’s a positive sum game where everyone actually becomes better off in the long run.
You forgot "redistributing wealth"... they are redistributing their wealth alright🤣
Right... Crypto scammers don't really care about decentralization. They are really interested in deregulation. Without regulation it is far easier, and less illegal, to swindle people from their money.
What the hell is the point of crypto if it is regulated by someone?
@@GrandChessboard it's regulated by all
@@GrandChessboard If crypto is not regulated by rules and someone then why would anyone believe in crypto? They literally could change the rules everyday. Chicken and egg problem.
decentralization as a business is laughable. the whole point of a business is to grow and produce more valuable goods and services. Thats like saying they are a business trying to create communism through capitalism. Centralized banks are the final products of a free market; its the most efficient and best money-generating version of a bank. If people want to take power away from the bank you cant use the free market.
Look at any successful business much less just banks, none of them are decentralized. That's because they receive a competitive edge by being centralized. Until that edge is removed, centralisation is inevitable
@@GrandChessboard Because without regulations all manner of unethical things can be done without any repercussions. Our Banks used to have that same kind of leeway which in part led to the Great Depression. Had banks had to follow the regulations back then that they do now that would never have happened. Crypto is like the banks of back then there are so many crypto scams because of there being no regulation its almost like why not do it theres no consequences Edit: FTX would not have gone bankrupt had Crypto exchanges been under the same regulations as banks.
Saw you on CNN. You did well. Media giants are finally publicizing a good guy, instead of every single bad guy that comes along. Hope your channels grow by leaps and bounds, as you provide a desperately needed service.
Oof cnn though
CNN 🤢
Hi link please
cnn? thats kinda a bad look honestly.
People still watch CNN?
3:33 "Alameda research among other people" jeez just shows how interconnected this whole crypto scene is with all these shitcoins
Bro you are providing a valuable service to society.
Coming back and watching this episode after the FTX collapse and SBF arrest, the second I heard alameda research I already knew the outcome.
Half the time I don't even know what Coffeezilla is talking about. I just like to hear him talk in the background honestly.
this comment shows your IQ. lol
100% same, I really don’t know why I watch these videos anymore
I don’t know anything at all about crypto nor do I care in the slightest
@@Lobonova 🤓🤓🤓🤓
You are an NPC then
All you need to understand is look up the word FUD. That's all Coffezilla is doing, just spreading FUD because he himself doesn't understand that crypto is the future.
Basic rule of thumb: if there's a yield higher than 10% on ANYTHING, institutional investors would flock to it like flies on shit.
If they're not, then you know to stay away.
Excellent answer.
Get in early leave before collapse ez
@@timmoe3370 that’s how people get burned
@@mathlineelectric yehhhh, get in early den dippp
But then you see institutional investors FOMO and flock on shit then get burnt!
I’d just like to point out the massive irony that I always get these guru ads whenever I click on your videos: millionaire mindset, Dan Lok, Grant Cardone, and dozens of clones of the same shit. The scam hustle never stops
It only increases, like great in a recession
I noticed that too, and I’m sure Coffee is amused to be paid by them. He is profiting from it and it’s why I’ll let the ad run.
Yeah it’s annoying as hell
So basically scam victims fund UA-cam/GOOG profits through scammer ad dollars
Everybody wants to get rich with no hard work involved…..
If a crypto coin is backed by a portfolio of crypto coin holdings, it's still backed by nothing.
Hmmmm doesnt exactly validate the US dollar either and yet it gets away with Ponziship all the same ...
And the u.s. dollar is still also backed by nothing. All fiat monies are currently backed up by nothing. So really the question is, what scam do you want to believe in? Fiat, crypto, NFT's, antiques, postage stamps? Lol
‘Nothing comes from nothing’ ~ Shakespeare
actually zero iq
You know the dollar isnt backed either right?
I love that if you count all of the votes in Justin's wallet as him as one person, his best odds on the vote were 135 to 4 against him, assuming that the other 3 votes were all different people. That's honestly priceless.
Better work than most mainstream journalists. Great job.
Keep reading Newsmax and Breitbart buddy.
@@MultiJejje Brother he said *mainsteam* journalists. I know your reading comprehension is bad, but please.
The way coffezilla analyses things is just amazing... his mind is like a machine
lol Justin's wiki page is marked as problematic because he probably paid someone to write it the way he wanted it, allegedly. I mean, it very conveniently leaves out all dubious parts of his history.
Most of wikipedia is like this, majority of the people that write the articles on an event/person are bias toward it, hence caring enough to write/edit it.
@@Jake_Hamlin Most Wikipedia pages are actually written by a very small amount of people. 90% of Wikipedia is written by a few thousand people. One man alone has made 35000 articles, and over 3 million edits.
@Guy Whose opinions will offend you there are no bad vibes.. the dude is a total and utter sociopath at best.. he is a walking Red Planet.
Those who invest in this after seeing his resume, deserve to loose their investments. He is like a 80's Jordan Belfort but with a faaaaar worst trackrecord & still going strong in his coke conviction that he is not going to get caught because he has diplomatic immunity. The FBI will eventually get his ass.
not invested in crypto whatsoever but i never miss a video! your videos are always so well done, love you coffee!
Same lol
As Warren Buffett says crypto doesn’t make anything so it doesn’t produce a profit such as buying a stock in a company that makes something that pays a dividend out of the profits generated. I can see see Bitcoin becoming a universal currency and perhap a hedge against inflation but that’s about it. And if Bitcoin ever gets to that point it will probably be heavily regulated. Most of the rest of these alt coins appear to be pump and dump scams aimed at naive people.
Sameee lmao
Coffee is.
Crapto
Justin Sun is about to take a whole lot of people's money and those people will be like "oh my god we did not see this coming."
keep hating on Tron
@@purefire21 I will hate on any crypto ponzi scheme.
@@purefire21 :/ how much money have you lost?
@@enemy1134 nothing I use tron the don’t just buy the coin I use the blockchain
Just leave the gambling addict alone. But remember: that's all crypto is. Gambling without regulations.
"Your Excellency" how cringe the reporter even indulged that. Regular people are under no obligation to refer to someone as such
Pretty sure the reporter had to refer him as such to pay respect to the country who gave him the title and avoid controversy, not necessarily to get on his good side, but yea it was cringe as hell
When you can go to jail in certain countries by referring to someone as the wrong pronouns….they’re going to bend over backwards to make sure they use the “proper” title.
@@AscendingAdventures and in what country would that be smartass
@@AscendingAdventures😂😂😂true
It's kind of like the pronoun bs.
this channel is a sharp sword against these scammers! Really nice job! instant sub.
Bro, you are amazing Coffee! Way more people need to watch this.
You will be a legend in the history books. Keep up doing the lord's work sir ;)
this video will age superbly. we all know what happened to one of those whitelisted organizations... alameda research...
So glad we have you in this market coffee, your a legend
@CF get a life😭
Gotta love how centralized the decentralized crowd is
Found this channel 3-4 days ago. Been watching like 6 hours of videos a day. These are addicting
This guy is literally the fed chairman of the coins he created.
"Including Alameda Research"
LMAO ... aged like a block of limburger
mmmm cheese
"Who doesn't enjoy a couple hours of insiders trading"
Lmao.
Keep up the good work, you are one of the few here sending the correct message: crypto is all ponzi!
Well, he was able to figure out all of that through the crypto technology, i mean he traced back all the activities on the Blockchain. Nothing is hidden on the Blockchain. However, people are so dumb and lazy to go and figure it out themselves, greedy people!
I hope you can see the empowerment there, it's just people need to embrace it.
Absolutely love how you break things down. Helped me really understand the landscape of crypto. As someone who has spent countless hours on studying scams and con artists, these get me!
Considering Alameda as a "whitelisted" entity eg. "serious" aged like fine fresh milk... 2022 was wild...
I remember someone in the c-suite of Tron mentioning they were getting into the algo stable world. That was on the heels of Luna falling apart. This hot mess is backed by them.
I'm gonna need a translation on that first sentence
I feel like at a certain point if people still put all their life savings into crypto , maybe that's natural selection.
😂 nice
@@liquidityzonetaken9188 oh ha ha he made a funny oh ha ha oh how funny, laugh done now.
Not everything in crypto is a scam might seem so if you only watch coffeezilla, as all he covers is scams.
Natural selection doesn't exist. Evolution is false.
@@wej0w Not all the tulips are rotting before blooming.
Phenomenal explanation and investigation, as always. GG!
I'm not sure how I miss this episode but it was one of your best ones yet
I wonder what the best crypto would look like as it was originally intended: transactions rather than value
It looks like Bitcoin.
XRP
Like a pane of highly polished glass. You literally can not see it, as if it doesn’t exist.
Yes it's called BSV!!!! real Bitcoin
I wish I could invest in Ponzi schemes and crypto scams. Not literally investing in multiple different companies and coins, but invest in the idea, quantity, and propensity of them. If I could go back a year and a half and do that, I feel like the returns would be off the charts!
Need a ponzi index fund lol
The more Coffeezilla videos I watch, the more confident I am in my own investment strategy of betting on greyhound races. At least the dogs will never rug me
Sure.
Betting is gambling, not investing.
@@thefirehawk1495 you can say that again.
That's what the big dog wants you to believe :) In reality behind closed doors the greyhounds are laughing at you and drinking fine wine with your money...
OK I *swear* I'm not normally that gal and I *know* this was just a joke about an unrelated thing, but I'm gonna take the opportunity to soapbox anyway:
If you're at all interested in the topic, please look into greyhound racing and the controversy surrounding it, because the dogs are often not treated very well and sad dogs are Not A Good Thing. Thank you 💖
Ahhhhhh that alameda research being a trusted white listed firm is reallllllllyyyyyyyyyyyyy interesting
Great video love your videos every time a new video comes out I have to watch
I love you. Just good analyse, as always.
I am pretty sure none of these coins are backed by anything and they can just mint whenever.
A “risk-free investment” is an oxymoron. These people are taking advantage of people who are not as smart as they are by using big words and charts.
@jf2176 I hate when people say "literally 1984" but this is literally 1984
Great video as usual. To me it's just insane how governments keep allowing this, the chance this will end in tears and wipe out retail is 100%. This will be a chapter one day on the insanity starting with 2020 in history/economic literature and yet we are mid 2022 and people are still free to do this, absolutetly incomprehensible.
They allow it because they win on it being legal. Isn’t like Nancy pelozi husband like one of the most successful traders of all time?
Keep allowing this? You're kidding right. Whilst government's are running the biggest Ponzi of them all. The stock market is a complete fabrication, the property market is in a huge bubble that only benefits the banks, and this is world wide. Currencies are crashing everywhere, the Japanese central bank is in a war trying to keep the Yen from crashing. The amount of money in Crypto is pittance compared to what is being lost around the world currently. The insanity started in 2008 when the world economy died and government's have not just allowed it to continue but are part of it.
it's not the responsibility of government to prevent people from engaging in stupid acts. Is it within the government's authority to ensure material facts are disclosed, showing it is a stupid act? Probably. But, if you know what crypto is and still buy it, it's all on you.
Crypto bros will scream "crypto will have no meaning if it's regulated by someone" Then scream when crypto crash why no govt bodies are helping them. Again a chicken and egg problem.
Many governments around the world have banned cryptocurrency. One example is the Chinese government.
But they are painted as evil lmao
You had me sold in the first half, let me down in the second 🤣😂
All good info man, love the videos
As a securities trader I'm amazed how this is not regulated yet still makes mainstream media attention.
What more amazes me is that is all publicy availailable on blockchain yet still ppl sink millions of dollars into this kind of scams.
It's basically fortune chain mail 10.0 with 0 incentive.
Stay safe guys.
They'll come in with loads of awful regulation when something as big as Tether blows up.
Yeah! Because nothing illegal or immoral ever happens in the stock market lol
Why regulate? Let dummies be dummies. Eventually they’ll get it.
200+yrs olds that legislate can’t keep up with tech or culture.
How Jeff Epstein doing?
What an amazing banger ! Love ur video ! Love the editing
CoffeZilla your videos are literally the only platform giving us the real facts we need to know. Thank you
Stop putting money into crypto and you won't need to know. It's literally stupid. Unless you think you're getting enough information to know the optimum time to leave the scam.
if you don't know about these types of scams already..
Time to start to DCA back into index funds, SPY, QQQ, etc over the upcoming months!
breh obviously normal people know not to join this scam, im saying to keep “others” and diehard fanbases that dont know theyre creators real intentions.
he's only covering the major scams, there's lots more to learn from other sources
Annnnnnnnnnd it de-pegged
I always simplify my life, i.e. if the Oracle of Omaha doesn't endorse crypto then I'm not buying crypto; if he buys Verizon stocks then I'm buying Verizon stocks (I already did when he made that move). I would rather listen to successful people that are tried & tested than listen to "unknowns".
I suspect this video will age like fine wine
EYYY It's Alameda Research again! They just keep popping up on these older videos.
🤣 "Risk free" is the biggest red flag I've ever seen!
Fun fact: Justin Sun (Tron) was Charles Hoskinson's (Cardano) role-model back in 2018.
This is 100% what he is doing. Right on the head. Great work.
I can't get over YOUR EXCELLENCY
0:55 "The benefit of the DAOubt"
good one
Interesting to watch this now with regard to Alameda eh? You know Tron is involved, and Sun is deep in with Binance too....
Coffee is one of the best things to happen to crypto
My favorite show, it's it's good day with new coffeezilla
Me listening white listed trustworthy companies "Alameda Research"
👀
Ok this is impressive you have won me over
Your level of humor has hit its peak. Keep them coming!~
I'd love to see a comprehensive video by you about what you feel is a sensible way of going about investing nowadays. Like, not the insane "imma go all in on some meme coin" nonsense but just a healthy approach to it. What websites or tools should be used, what kinda stocks should be avoided or focused on etc.
If anyone here has some input on that, I'd be interested to hear it.
Just get a normal standart job you enjoy, and you will be making money with a smile on your face every single day.
I got a few questions. It's great that this channel is out there and provides essentially what is a public service, calling out these bad actors and alerting the general public to various scammers and such. That is potentially valuable since that kind of information helps prevent people from losing their life savings and being screwed over by these guys.
What is coffeezilla's main revenue source? Is it merch, advertising, donations? Does he provide audits or recommendations?
Probably sponsors and ad rev
UA-cam ad revenue and now patreon
he has a patreon
I think you’re 100% right, it’s just a clever way to unload TRX.
40% per year? "Ultraconservative investment" my ass!
I mean really, what is their target audience? How dumb must one be?
Target audience are dumb people trying to get rich quick, and judging by their accumulated wealth I’d say they have plenty of customers!
He was on London Real, enough said.
Jesus, my eyes went wide when he mentioned Alameda research. Jesus the foreshadowing
"This time it'll be different" has become the official motto of Crypto
Same motto as Socialism apparently
@@d_all_in so true lol
It is different cause they are fooling different 🤡 each time
Great job . You will save a lot of people a lots of money . Thank you !
Invest broadly in the market (not individual stocks/crypto), build savings in high interest account, pay off debts aggressively, and try to buy property. No you won’t be rich overnight, but it’s the easiest way to safely become a millionaire.
All these young people are wasting their most valuable asset - time - on the gamble of getting rich faster. It’s sad. We need to teach personal finance better.
Great in depth content as usual 👏 👌
That fact that a company can promise a risk free annual return of >40% and that investors actually believe that claim just blows my mind.
How in the blue hell is anybody going to be able to promise that type of return as risk free? Did they discover or invent a money growing tree?
Yes they did it's called Merkel tree and one of the root technology's cryptocurrencys build on. But yeah call money tree.
If you calculate average annual crypto returns you are in 4 years
In the last 15 years at a minimum return of 30% per year and maximum of 400% depends on the dcay and calculation method
@@peernetwork Yeah, but crypto is anything but risk free. People who bought BTC at $60k aren't getting that 40% return, are they?
Crypto is an extremely volatile and speculative investment vehicle. Anybody saying any otherwise is ignoring reality.
Yes they did. It's called idiots with money. A kind of fruit that grows mainly in North America.
they deserve to lose if they are that stupid
@@peernetwork you're going to stay poor because that is absolute nonsense. As a dollar amount, how much more money do you have right now from crypto not including BTC? Anything?
Yeah
I invested in Tron back in 2017
I really believed in the project and Justin’s vision
Then 4 years later it’s done basically nothing price wise
So I jumped out while I was in profit
I was always sceptical but this justified my thoughts. Wish I found your channel sooner. Cheers 🍻
I stayed away from crypto entirely because, when it was explained to me, there was a lot of confusing details thrown at me but a distinct track of "this sounds like a scam" running through it. If this channel has taught me anything, it's that I made the smart choice to just stay away from that entire market.
Crypto is basically just a way to take billions of dollars from a lot of people and hand it to a powerful few
Wow man you think of that all by yourself 🤣🤣🤣
Yes
It's become the thing that it set out to claim to fight against.
So capitalism, but hyper-accelerated
@@goonerbear8659 and catered to short sighted idiots
'Our CEO has fled several countries from prosecution..." OOOOOOOO!!! SOUNDS LEGIT. LET ME FIND MY WALLET.
I like how so many of these coin founders appeal to decentralization, while the truth of the matter is the coin’s existence orbits a single egomaniac. Caveat Emptor!
God tier reporting per usual
Excellent research, WOW WOW WOW
5:12 if this detail didn't trigger the spider sense of the dumb then they just cant be helped. Coffeezilla super job as always.
So one of the trusted companies that could mint it was... Alameda research huh? Interesting.
Not looking too good
@@iamagirl9938 Your username is the most sus thing I've seen, and I'm subbed to Coffeezilla.
@@Asdayasman it was the most creative thing I could come up with when I was 14 so I just stuck with it. Though I’ll admit I’ve had some weird experiences with a name like this.
@@iamagirl9938 Yeah no doubt wtf. Imagine, "lemme hop on discord rq with the name 'I am a 14 year old girl tee hee'".
@@Asdayasman Never told people how old I was, thankfully I was never that dumb. And surprisingly I only have this name on UA-cam. I use another name on all other platforms. Don’t have the heart to change this one, I have way too many funny memories with this name.
What do we want?
Deregulation
When do we want it?
Shit, all my money’s gone!
🤦♂️🤦♂️🤦♂️
🤣🤣
This aged well
The "White Listed" entities including...drum roll..
Alameda Research
This is a throw back. I remember when Justin released Tron. This guy ironically is a protégé of Jack Ma who was the founder of Alibaba….needless to say I don’t think his projects are that innovative.(over hyped)
He's not a protégé of Jack Ma. He was in a fan photo with Jack once. Jack Ma is literally a genius, Jusin Sun is a slimy scammer.
@@kerbifer Please do more research like litterally just google them... you can't miss the proof you're so blatantly ignoring!
He got his start being involved in a SnapChat knockoff that he cashed out of before it collapsed. Becoming a crypto scammer was just a natural progression.
Watching this in November and hearing the name Alameda Research is like a jumpscare
Fool me once shame on you (Luna) Fool me twice, shame on me (Celsius.) Fool me three times? (Tron) I deserve to loose everything.
If the last few months hasn't proved that Defi is unsustainable then I don't know what will convince people.
How the fack you put out so many quality videos after a week or less of research :0
because he know y’all not going to recheck his work and just believe everything he say
Coffeezilla, bro... THANKS A LOT!
👆👆👆
This is the best channel on UA-cam!
great video that I totally already watched all the way through
Honest question - how can I bet against the market in crypto? Can I short it?
Lol, googled that exact thing a couple days ago. BITI is an ETF that shorts Bitcoin. I haven't bought it yet, because it doesn't seem all that less sus than crypto itself, but I like knowing that it exists.
The new ETF that does that is BITI. You get 1% if BTC drops 1%. It actually just started trading on 6/25.
Short it when it already fell? Smart
@@RoIIingStoned they have zero iq they can't even figure out how to short in the first place lmfaooo
@@IH8AI
As long as you see it as gambling and not an investment you're probably fine
"More common than a single guy at an NFT convention"
KEK
I am not a crypto person but when coffee is talking about the offloading theory,
Basically what im hearing is he's basically making a coin and printing money to basically launder another currency.
coffeezilla's so handsome and totally pwning these scammers
👆👆👆
Hit me up