Didn’t want to admit it earlier because I was embarrassed but I got extremely rekt by FTX…
I normally never keep cash on exchanges but FTX US was full kyc, endorsements from all, even an atm card, far cry from the Mt. Gox days.
So I wired a large amount to trade with…🧵
Now more than ever, we have to stand up for our rights to keep building DeFi. They’ll use the FTX contagion to crack down on crypto in all the wrong ways.
But this proves the value of blockchains, it’s up to us to fight for that. Here’s to the decentralized future we deserve.
NGL this fucking hurts and it’s going to be a long road to recover to where I was… but I’ve done it before, I have to believe I can do it again.
I didn’t write this thread for pity, I wrote it to add to the examples of the pain
@SBF_FTX
has caused and also as a warning…
@knowerofmarkets
Bruh you can’t even go to a bar yet and covid stealing your teenage years. We’re here turning 30, buying condos around the world and having the best decade of our life. Don’t worry about us lol
I’d rather pay $ETH miners & LP fees by trading on a DEX like Uniswap than stay on a centralized exchange like binance. Who else feels the same?
#defi
#byenance
Now I’m currently in limbo with a wire withdrawal that will likely never process. Majority of my profits from the bull run evaporated overnight, not because I bought some shitcoin, but because I decided to trust a CEX again after I had already moved to mostly DEX trading…
Now I prefer the ethos and control of DeFi but with high fees and not always the best UI, I thought to try FTX US.
Things started off well, the platform was one of the best I’d used. Loved the product… led me to be more complacent than I normally am… started trading with size.
I had that account sitting in all cash recently, waiting patiently. Now normally I’d move it to a HW wallet or wire it to my bank then send it back to the exchange, but with the market volatility, I wanted powder ready to buy the dip immediately.
FTX was a “safe” CEX after all…
Remember when $ETH was under $400 but we spent most of it on foodcoins during DeFi summer? Then when it was over $4000, we spent the rest on NFTs?
Now’s our chance to start loading up so we can do it all again next time.
@SEC_News
Thank you for proving the value of decentralized markets! Traditional systems will all be phased out by 2035 and the SEC will just be a bad memory
@votefloridaman
@EndWokeness
It goes on to say that these privileges are “unearned and can’t be earned” which means no one has the means to learn English, you’re simply born with it lmao
Mom: "hi honey, calling to see if you're ok, saw on the news that bitcoin went down today"
Me: "yeah i'm fine, the memes are more fun when the markets down anyway"
Mom: "ok sweetie, just remember to finish up the rest of your dipperino, a growing boy needs to slurp"
Me: "...."
There’s only 8888 Pudgy Penguins?
No, there’s less.
Think of how many penguins have been lost in dead wallets over the years.
Think of how many penguins have become people’s digital identity.
Some penguins will simply never be for sale, including this one.
@cobie
@grntwrght
some things are better left unsaid. recommend no more tweets like this, for the sake of the people, our industry and just kidding, nuke it all
My girl was going to leave me after seeing some of my NFTs (“you spent how much on waifus?!”) but now that I’m wearing the punk I sub-rented from
@screentimes
who sub-rented from
@0xElm0
,
@C0inAlchemist
,
@icebergy_
and originally rented from
@brazyfab
, she respects me again!
When your girlfriend asks if you’re rich because you’ve been buying all these NFTs instead of spending time with her but you don’t know how to tell her you picked the wrong jpegs...
There are two types of people:
1. Those who are scrambling to find liquidity asap to dump their $dym at $5
2. Those who are staking their free tokens for over 100% apr, getting yield and future airdrops
Patience pays (more)
@econoar
Your pfp is worth more than people’s yearly salary and you have the audacity to judge those grinding in the trenches?
Get a grip.
Absolute elitist show.
The walrus is a friend to all Arctic animals so it was about time I joined the
@SappySealsNFT
! The one on the left is my forever seal to match my pfp collection. I’d like to think the fangs are actually little tusks 😁
So if someone buys one of my Pudgy Penguins for the current floor price of $25k, I have to ask them to give me their address and SS number otherwise I go to prison?
New crypto tax reporting obligations took effect on Jan 1.
If you receive $10k or more in crypto you now have an obligation to report the transaction (including names, addresses, SS numbers, etc.) to the IRS within 15 days under threat of a felony charge.
Wasn’t expecting to win one when I responded & I have many
@froyoverse
kittens so I’d like to spread the love that
@darenfroyo
started!
Giving away this froyo, only rule is that you can’t have a froyo yet! RT & comment to be entered & follow so I can DM the winner after NYE!
Looking for an artist to do 6-8 unique trading card images. Ideally a CT native that understands the lore/jokes.
This is for an evil NFT based project so furries and pronouns in bio need not apply. No offense but don’t think it’s a good fit. DM me or tag an artist👇
@JBTheCryptoKing
@crypto_bitlord7
no way we see 90% retraces anymore, crypto has penetrated too far into the mainstream for that level a retrace, at most 70% from ATHs imo. I'd think this cycle finds a top around 230k $BTC and 10.2k $ETH
After
@LILUZIVERT
rugged his own NFT project, some CT degens got together to immortalized his shame on the blockchain. I fucking love it here lol
Just minted some free
@MyLittleUzis
🤝
Still have my $WHACKD airdrop. To me it's priceless, no matter what it might be trading at.
Original contract address that John sent us almost 2 years ago, rest are fake: 0xCF8335727B776d190f9D15a54E6B9B9348439eEE
Getting subtle messages from U.S. officials saying, in effect: "We're coming for you McAfee! We're going to kill yourself". I got a tattoo today just in case. If I suicide myself, I didn't. I was whackd. Check my right arm.
$WHACKD available only on :)