Rams
Member
Posts: 16176
So many colors to choose from yet so few stand out
Covington, TN
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« Reply #40 on: November 16, 2022, 03:38:09 AM » |
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Just saw where the FTX CEO is begging for investors to help him with donations. Oh Yeah, I'm going to help him out. NOT. Rams |
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VRCC# 29981
Learning the majority of life's lessons the hard way.
Every trip is an adventure, enjoy it while it lasts.
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Rams
Member
Posts: 16176
So many colors to choose from yet so few stand out
Covington, TN
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« Reply #42 on: November 18, 2022, 01:16:36 PM » |
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I'm in no way knowledgeable about how this all works but, I know this. If I could get my money back, I'd be getting it as fast as possible. Rams |
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VRCC# 29981
Learning the majority of life's lessons the hard way.
Every trip is an adventure, enjoy it while it lasts.
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« Reply #43 on: November 22, 2022, 07:39:33 AM » |
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carolinarider09
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« Reply #45 on: November 28, 2022, 06:32:35 AM » |
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Ummmm Wonder what is going on.......
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Rams
Member
Posts: 16176
So many colors to choose from yet so few stand out
Covington, TN
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« Reply #46 on: November 28, 2022, 08:27:00 AM » |
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Why would those last few posts make me think of the Clintons?  Rams |
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VRCC# 29981
Learning the majority of life's lessons the hard way.
Every trip is an adventure, enjoy it while it lasts.
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Serk
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« Reply #47 on: November 28, 2022, 08:40:55 AM » |
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Ummmm Wonder what is going on.......
Young people who suddenly find themselves multi-millionaires or even billionaires often do very VERY dumb things.... See the NFL (But without the handlers the NFL have in place to TRY to keep them from offing themselves) Add to that suddenly becoming a multi-millionaire or billionaire, getting used to it, and then suddenly finding yourself "only" a thousandaire..... |
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Never ask a geek 'Why?',just nod your head and slowly back away...  IBA# 22107 VRCC# 7976 VRCCDS# 226 1998 Valkyrie Standard 2008 Gold Wing Taxation is theft. μολὼν λαβέ |
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carolinarider09
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« Reply #48 on: November 28, 2022, 10:07:50 AM » |
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Ummmm Wonder what is going on.......
Young people who suddenly find themselves multi-millionaires or even billionaires often do very VERY dumb things.... See the NFL (But without the handlers the NFL have in place to TRY to keep them from offing themselves) Add to that suddenly becoming a multi-millionaire or billionaire, getting used to it, and then suddenly finding yourself "only" a thousandaire..... So what we are seeing is/are suicides? WOW! |
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Serk
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« Reply #49 on: November 28, 2022, 10:09:38 AM » |
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Ummmm Wonder what is going on.......
Young people who suddenly find themselves multi-millionaires or even billionaires often do very VERY dumb things.... See the NFL (But without the handlers the NFL have in place to TRY to keep them from offing themselves) Add to that suddenly becoming a multi-millionaire or billionaire, getting used to it, and then suddenly finding yourself "only" a thousandaire..... So what we are seeing is/are suicides? WOW! Honestly I haven't dug into the specifics, just skimmed the headlines, my comment was more generalized.... And while there are likely some suicides, I suspect stupidcides are more prevalent...  |
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Never ask a geek 'Why?',just nod your head and slowly back away... IBA# 22107 VRCC# 7976 VRCCDS# 226 1998 Valkyrie Standard 2008 Gold Wing Taxation is theft. μολὼν λαβέ |
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« Reply #50 on: November 29, 2022, 08:08:12 AM » |
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Rams
Member
Posts: 16176
So many colors to choose from yet so few stand out
Covington, TN
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« Reply #51 on: November 29, 2022, 08:36:12 AM » |
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My first thought was, are we sure he was on that bird? With that kind of money involved, I'd want DNA evidence to prove he was actually killed in the crash. Rams |
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VRCC# 29981
Learning the majority of life's lessons the hard way.
Every trip is an adventure, enjoy it while it lasts.
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« Reply #52 on: November 29, 2022, 06:42:10 PM » |
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Serk
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« Reply #54 on: December 13, 2022, 05:27:48 AM » |
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The timing is very convenient. He was supposed to testify to congress today, where I'm sure the massive amount of that money he gave to Democrats would have come up... |
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Never ask a geek 'Why?',just nod your head and slowly back away... IBA# 22107 VRCC# 7976 VRCCDS# 226 1998 Valkyrie Standard 2008 Gold Wing Taxation is theft. μολὼν λαβέ |
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Rams
Member
Posts: 16176
So many colors to choose from yet so few stand out
Covington, TN
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« Reply #55 on: December 13, 2022, 05:29:35 AM » |
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It would seem that buying "air" is a bit risky. Somewhat reminds me of that movie The Music Man. Rams |
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VRCC# 29981
Learning the majority of life's lessons the hard way.
Every trip is an adventure, enjoy it while it lasts.
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Serk
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« Reply #56 on: December 13, 2022, 06:26:11 AM » |
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It would seem that buying "air" is a bit risky. Somewhat reminds me of that movie The Music Man.
Rams
It wasn't the commodity that was the problem, it was the exchange. Crypto is just as much "air" as US Dollars are at this point... sadly... Edit to add - I'd put forward crypto (Depending on which one) is actually LESS air than USD... The Fed can't just print more at will... |
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« Last Edit: December 13, 2022, 06:28:33 AM by Serk »
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Never ask a geek 'Why?',just nod your head and slowly back away... IBA# 22107 VRCC# 7976 VRCCDS# 226 1998 Valkyrie Standard 2008 Gold Wing Taxation is theft. μολὼν λαβέ |
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carolinarider09
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« Reply #57 on: December 13, 2022, 06:37:59 AM » |
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The timing is very convenient. He was supposed to testify to congress today, where I'm sure the massive amount of that money he gave to Democrats would have come up... That is what I thought as well. |
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Serk
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« Reply #59 on: December 13, 2022, 09:44:59 AM » |
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It would seem that buying "air" is a bit risky. Somewhat reminds me of that movie The Music Man.
Rams
It wasn't the commodity that was the problem, it was the exchange. Crypto is just as much "air" as US Dollars are at this point... sadly... Edit to add - I'd put forward crypto (Depending on which one) is actually LESS air than USD... The Fed can't just print more at will... So, does that mean that if he (FTX) printed some paper money that folks would exchange it for US Dollars? One would hope not... Just saying the collapse of this "enterprise" wasn't because it was crypto, it's because it was a ponzi scheme/house of cards... If there was a motorcycle dealership that appeared to be doing very well but was actually cooking the snickers out of the books and bilking investors, when it all came tumbling down folks wouldn't say "See! Motorcycles are bad business!" They'd say (Hopefully) "That criminal POS was a criminal POS!" |
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Never ask a geek 'Why?',just nod your head and slowly back away... IBA# 22107 VRCC# 7976 VRCCDS# 226 1998 Valkyrie Standard 2008 Gold Wing Taxation is theft. μολὼν λαβέ |
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Rams
Member
Posts: 16176
So many colors to choose from yet so few stand out
Covington, TN
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« Reply #60 on: December 13, 2022, 11:17:54 AM » |
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It would seem that buying "air" is a bit risky. Somewhat reminds me of that movie The Music Man.
Rams
It wasn't the commodity that was the problem, it was the exchange. Crypto is just as much "air" as US Dollars are at this point... sadly... Edit to add - I'd put forward crypto (Depending on which one) is actually LESS air than USD... The Fed can't just print more at will... So, does that mean that if he (FTX) printed some paper money that folks would exchange it for US Dollars? One would hope not... Just saying the collapse of this "enterprise" wasn't because it was crypto, it's because it was a ponzi scheme/house of cards... On this we agree.  IMHO, they are all Ponzi Schemes. All constructed to make money based on others buying in. I probably don't have a full grasp of how it works but, that's the way it appears to me. It's just a matter of when they fall. Rams |
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« Last Edit: December 13, 2022, 11:20:09 AM by Rams »
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VRCC# 29981
Learning the majority of life's lessons the hard way.
Every trip is an adventure, enjoy it while it lasts.
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Serk
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« Reply #61 on: December 13, 2022, 01:24:53 PM » |
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Never ask a geek 'Why?',just nod your head and slowly back away... IBA# 22107 VRCC# 7976 VRCCDS# 226 1998 Valkyrie Standard 2008 Gold Wing Taxation is theft. μολὼν λαβέ |
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carolinarider09
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« Reply #62 on: December 13, 2022, 01:29:39 PM » |
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No!!!! The Federal Government would never contrive a plan to hide information from the public. Never!. The timing was just happenstance. |
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« Reply #63 on: December 22, 2022, 06:35:53 PM » |
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