5 replies to this topic

[Rogerdodger]

Elon link

Bitcoin 'may not last much longer,' academic warns...

Crypto hackers make killing robbing trading platforms...

 

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Edited by Rogerdodger, 18 December 2021 - 01:09 AM.

[Rogerdodger]

Will the Doge coin eat the Hamster coin and then be eaten by the Cobra coin then swallowed by the Mongoose Coin?

 

 

Barely a day after anti-crypto Congressman Brad Sherman (D-Calif.) made ironic remarks about Mongoose Coin, a cryptocurrency that did not exist. It became a reality with a market cap of $25 million.
During Wednesday’s hearing on crypto at the House Financial Services Committee, Sherman spun a tale of an old woman who swallows bigger and bigger animals to eat the animals previously swallowed.
He likened this fable to cryptocurrencies dethroning one another, explaining that Bitcoin (BTC) could be unseated by Ether (ETH), which in turn could be displaced by Dogecoin (DOGE), and then Hamster Coin, and then Cobra Coin.
“What could Mongoose Coin do to Crypto Coin?” he asked. The African animal is of course known for eating other animals, including cobra snakes. It’s a metaphor, geddit?




 

Edited by Rogerdodger, 19 December 2021 - 01:02 PM.

[Rogerdodger]

[Rogerdodger]

Crypto scams: $7.7 billion stolen in 2021

Volatility and trust issues bedevil the crypto space, which saw more than $7.7 billion stolen worldwide in scams, according to a report published by blockchain analytics firm Chainalysis.

"Scams were once again the largest form of cryptocurrency-based crime by transaction volume, with over $7.7 billion worth of cryptocurrency taken from victims worldwide," Chainalysis said in the report. 

This was 81% higher than last year's total. However, the figure was still below 2019's number of around $9 billion.

[K Wave]

You think the insanity is bad now?

 

If BTC can make the turn here at 200 day MA, then still seeing possibility for one last massive ramp, before a 75-90% plunge...that base at 10k likely to be support....

 

If the 200 is solidly breached, then the last swing may have been all she wrote...

 

Edited by K Wave, 23 December 2021 - 01:02 AM.

[12SPX]

I heard an ad yesterday talking about trading retirement funds in crypto's could that be a sign of the end lol?