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Valkyrie Riders Cruiser Club > General > General Board > Another crypto goes tits up
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Author Topic: Another crypto goes tits up  (Read 1011 times)
..
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Maggie Valley, NC
« on: January 20, 2023, 05:05:47 AM »
https://www.dailymail.co.uk/news/article-11656725/Crypto-giant-Genesis-files-bankruptcy-suffering-losses-wake-FTX-collapse.html
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Valkorado
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Posts: 10491


VRCC DS 0242

Gunnison, Colorado (7,703') Here there be twisties.
« Reply #1 on: January 20, 2023, 06:11:45 AM »
Gambling real dinero for a bit of a fake coin.  What could go wrong with that?
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Have you ever noticed when you're feeling really good,
there's always a pigeon that'll come sh!t on your hood?
- John Prine

97 Tourer "Silver Bullet"
01 Interstate "Ruby"
hubcapsc
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upstate

South Carolina
« Reply #2 on: January 20, 2023, 06:22:20 AM »

They're fixing to try and restart FTX.

https://www.wsj.com/articles/new-ftx-chief-says-crypto-exchange-could-restart-11674143168?st=jwju1mk61tpgver&reflink=desktopwebshare_permalink

"real" money isn't already printed out. It is mostly virtual, kept track of
in legacy databases accessed by COBOL programs in batch mode...

-Mike
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https://sites.google.com/a/g.clemson.edu/confederate-memorial-day-at-clemson/
carolinarider09
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Newberry, SC
« Reply #3 on: January 20, 2023, 07:19:48 AM »
I guess I need to check and see what my several hundred dollar investment in "crypto" five years or so ago is worth.  Have not looked in the last six months (if memory serves).   

Why did I do it, just to say that I did. 
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..
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Posts: 27796


Maggie Valley, NC
« Reply #4 on: January 22, 2023, 06:38:42 AM »
https://www.dailymail.co.uk/news/article-11663035/Appalachia-residents-claim-driven-neighborhood-crypto-opened.html

The Murphy, North Carolina facility described as 'a small jet that never leaves' .
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hubcapsc
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upstate

South Carolina
« Reply #5 on: January 22, 2023, 07:31:28 AM »

The picture in the article shows this:



I believe this can be thought of as the loud part of your HVAC or air conditioner, scaled up many times
to cool a giant room of hot computers.

Murphy is a beautiful area. Every time I ride through the beautiful valley that is Andrews, I wonder
"how long till this gets screwed up?" ...

-Mike
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https://sites.google.com/a/g.clemson.edu/confederate-memorial-day-at-clemson/
..
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Posts: 27796


Maggie Valley, NC
« Reply #6 on: January 22, 2023, 07:37:08 AM »
Quote from: hubcapsc on January 22, 2023, 07:31:28 AM

The picture in the article shows this:



I believe this can be thought of as the loud part of your HVAC or air conditioner, scaled up many times
to cool a giant room of hot computers.

Murphy is a beautiful area. Every time I ride through the beautiful valley that is Andrews, I wonder
"how long till this gets screwed up?" ...

-Mike

Eventually it all gets screwed up in someones eyes.

Why I left north metro Atlanta.
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..
Member
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Posts: 27796


Maggie Valley, NC
« Reply #7 on: January 22, 2023, 02:03:24 PM »
https://londondaily.com/bitcoin-soared-past-23-000-on-saturday-its-highest-level-since-ftx-collapse
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