Re: New Day in Crypto Land - 90% of USA exchanges dead - Now Bitcoin reverts to Sato
Exchange are bullshit, it allowed crypto to go to $3 Trilllion USD capitalization, now say it goes back to $300M or even $30M so what, if your true and just sit on your cold keys with no intention to sell, so fucking what?
Total market capitalization is defined based on tens of thousands of shitcoins not based on which exchange get hacked and which one didn't. Their hack also doesn't really have significant effect on the dumping process of those shitcoins.Quote
So what 99% of the money in CRYPTO is soon to be gone,
Are you high? 
The scammers and pump and dumpers are not going to give up the shitcion market just because of FTX shenanigans.
The scammers by defn will leave once there is no dead meat laying on the roadside to scavenge, for +10 years the US-GOV, media, and et-al have pushed, hyped and lionized crypto, the secret now is that there is no easy money left to fleece, majority of USA public is flat-ass broke;
Sure maybe a few of you asshole can fleece Nigerians, good luck with that;
The entire point is that pre-exchange BTC traded for less than $100 USD, the exchanges created the boost to $3k, and then the active trading with 100x leverage boosted the price to $60k, but now that bubble is popped, and nobody on earth that doesn't want to go to jail is going to host this SHIT going forward
Let's remember in CHINA, if you rob, they just kill you, and in Singapore you go to prison for a long time, only in USA can you hire a hot lawyer and rob people and stay out of prison, and note its only the USA exchanges that are going down, ... cuz in most of the world the bankman-ponzi MOFU's would just have gotten their throat slit on day one of the scam.