Godlike Productions - Discussion Forum
Users Online Now: 1,451 (Who's On?)Visitors Today: 236,312
Pageviews Today: 382,894Threads Today: 145Posts Today: 2,521
04:05 AM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

Could someone take pity on my dumb ass and explain what the heck is this FTX shit?

 
Anonymous Coward
User ID: 84700597
Canada
11/16/2022 05:45 AM
Report Abusive Post
Report Copyright Violation
Re: Could someone take pity on my dumb ass and explain what the heck is this FTX shit?
The MSM really doesn't want to touch this story and all its implications.
Anonymous Coward
User ID: 79915882
United States
11/16/2022 05:55 AM
Report Abusive Post
Report Copyright Violation
Re: Could someone take pity on my dumb ass and explain what the heck is this FTX shit?
Anonymous Coward
User ID: 79915882
United States
11/16/2022 05:55 AM
Report Abusive Post
Report Copyright Violation
Re: Could someone take pity on my dumb ass and explain what the heck is this FTX shit?
The MSM really doesn't want to touch this story and all its implications.
 Quoting: Anonymous Coward 84700597


What a surprise.
Anonymous Coward
User ID: 80450630
Switzerland
11/16/2022 05:56 AM
Report Abusive Post
Report Copyright Violation
Re: Could someone take pity on my dumb ass and explain what the heck is this FTX shit?
 Quoting: Anonymous Coward 79915882


What goes around comes around

What comes around goes around
Anonymous Coward
User ID: 84700597
Canada
11/16/2022 05:56 AM
Report Abusive Post
Report Copyright Violation
Re: Could someone take pity on my dumb ass and explain what the heck is this FTX shit?
This is another big in your face moment when you are shown that the rich and powerful can steal from us on a massive scale and there will be no repercussions for them.
Anonymous Coward
User ID: 79915882
United States
11/16/2022 05:57 AM
Report Abusive Post
Report Copyright Violation
Re: Could someone take pity on my dumb ass and explain what the heck is this FTX shit?
Anonymous Coward
User ID: 80450630
Switzerland
11/16/2022 06:00 AM
Report Abusive Post
Report Copyright Violation
Re: Could someone take pity on my dumb ass and explain what the heck is this FTX shit?
 Quoting: Anonymous Coward 79915882


No Ways, Joe says send MOAR BILLIONS!
Anonymous Coward
User ID: 36066768
United States
11/16/2022 06:57 AM
Report Abusive Post
Report Copyright Violation
Re: Could someone take pity on my dumb ass and explain what the heck is this FTX shit?
Wealthion on U tube had a guy that explained it pretty well.
Anonymous Coward
User ID: 82779722
United States
11/16/2022 07:07 AM
Report Abusive Post
Report Copyright Violation
Re: Could someone take pity on my dumb ass and explain what the heck is this FTX shit?
Government steals working US citizens money
Government sends money to Ukraine
Ukraine siphons off a little and sends it back, wrapped in a crypto blanket
Greed takes over and empties the whole thing before most get paid.
 Quoting: Anonymous Coward 84737235


FTX sent more to Dem candidates than Geo Soros

They OWN the DEMS

Ukraine is a money laundering operation

Straight from taxpayers taxes - to Fed govt - to Ukraine with probably 10% for the BIG GUY

ALL of the money sent to Ukraine was stolen taxpayer funds

Those poor peasants in Ukraine being used to soak up all of our American compassion - then sent back to DEM candidates to cheat elections

VOTE HEARTLESS !

Or end up HEADLESS !

Whoops

Too late

French Revolution time on the horizon
Only Me  (OP)
Strawberry Girl

User ID: 81130680
United States
11/16/2022 07:13 AM

Report Abusive Post
Report Copyright Violation
Re: Could someone take pity on my dumb ass and explain what the heck is this FTX shit?
The MSM really doesn't want to touch this story and all its implications.
 Quoting: Anonymous Coward 84700597


What a surprise.
 Quoting: Anonymous Coward 79915882


Right?
Goodbye, halcyon days...

 There is a theory which states that if ever anyone discovers exactly what the Universe is for and why it is here, it will instantly disappear and be replaced by something even more bizarre and inexplicable.

There is another theory mentioned, which states that this has already happened.
Anonymous Coward
User ID: 59807236
United States
11/16/2022 07:17 AM
Report Abusive Post
Report Copyright Violation
Re: Could someone take pity on my dumb ass and explain what the heck is this FTX shit?
Digital dogshit peddlers peddled digital dogshit to dipshits.

Digital dogshit peddlers then did a bunch of shady shit to fleece the dipshits.


The end.
 Quoting: Anonymous Coward 68428263


Sounds legit
Anonymous Coward
User ID: 78257995
United States
11/16/2022 07:18 AM
Report Abusive Post
Report Copyright Violation
Re: Could someone take pity on my dumb ass and explain what the heck is this FTX shit?
Just another J ponzi scheme
BoatyMcBoatface

User ID: 77825331
United States
11/16/2022 07:20 AM

Report Abusive Post
Report Copyright Violation
Re: Could someone take pity on my dumb ass and explain what the heck is this FTX shit?
Found this and it explains it pretty well:


 Quoting: Only Me


This is exactly it. What's more, the owner Banker-fried (no pun intended, that's his real last name) is the 2nd biggest donor to democrats, behind George Soros.
````````````````
````__/\__``````
~~~\____/~~~~
.~~..~~~....~​~~
~..~~~....~~~~

Thoughts do not come from you nor God; you do not create thoughts; you are not your thoughts; every thought is a lie.
- 2 Corinthians 10:5 - [link to www.biblegateway.com (secure)]
Anonymous Coward
User ID: 78122502
United States
11/16/2022 07:50 AM
Report Abusive Post
Report Copyright Violation
Re: Could someone take pity on my dumb ass and explain what the heck is this FTX shit?
other people can physically steal things that aren't physical

you probably didn't know that.
Anonymous Coward
User ID: 84751336
Germany
11/16/2022 07:50 AM
Report Abusive Post
Report Copyright Violation
Re: Could someone take pity on my dumb ass and explain what the heck is this FTX shit?
WyatteSmith
Professional Shitpost Spotter

User ID: 10028848
United States
11/16/2022 07:56 AM

Report Abusive Post
Report Copyright Violation
Re: Could someone take pity on my dumb ass and explain what the heck is this FTX shit?
FTX is the first of many. We are going into a meltdown like never before. Cash is king again, get ready for the buys of a lifetime. Be sure to get in there because when things come back prices will be higher than they have ever been. Buy when everyone is selling sell when everyone is buying.
 Quoting: Anonymous Coward 79433216


What are you buying? Let us in on what you're thinking about :)
 Quoting: Only Me


Me personally? I am buying up businesses and land.



.
Anonymous Coward
User ID: 80385098
United States
11/16/2022 07:57 AM
Report Abusive Post
Report Copyright Violation
Re: Could someone take pity on my dumb ass and explain what the heck is this FTX shit?
ftx is an exchange like etrade is a brokerage. ftx vs binance is like pepsi vs coke or etrade vs ameritrade...imagine etrade saying "oops, those dollar signs and numbers on your screen have no assets backing them because the great sam i am son of samosa took the deposits for his own spending and donated your money to Demonrat PACs"
 Quoting: Anonymous Coward 83104205


FTFY
Cloudbusting

User ID: 84739557
United Kingdom
11/16/2022 07:58 AM
Report Abusive Post
Report Copyright Violation
Re: Could someone take pity on my dumb ass and explain what the heck is this FTX shit?
FTX acted like the banking system, gave kickbacks/bribes all over the DEMS and Ukraine. Has a file names something like Trump to lose account, set up same time as Biden was starting at run as President. Family ties to DEMS fundraising and pharma and WEF.

Ukraine is involved with FTX and donations from gullible people.

Leveraged customers money that wasn't theirs to leverage or give to your girlfriends to play with. Talk of orgies of 10 geeks but pornhub already have the market on that.

Bought bankrupt companies to keep the ponzi scheme going.

Had backdoors to move money to other companies with auditor seeing, auditor was in the Metaverse.

Created Monopoly money/tokens that were worth the same as in the game it turns out, maybe less than the game as I could buy Monopoly money in the local charity shop.

I assume much more is going to come out and this exchange isn't the only one, I know little about crypto but know enough to keep your keys yourself and avoid exchanges where you can.

Might lead to new laws on crypto, should lead to an investigation of DEMS, but when does that happen in this fraud world now.
Redacted Dodger007

User ID: 28000624
United States
11/16/2022 07:59 AM

Report Abusive Post
Report Copyright Violation
Re: Could someone take pity on my dumb ass and explain what the heck is this FTX shit?
Please and thank you!

I have no clue what this is or what it's about. I admit I am sadly lacking in any sort of knowledge about cryptocurrency other than the fact that it exists.

What the heck is it?

What happened with it?

What the hell is going on, since it is apparently a really big deal?

And, please don't be mean to me. I admit I have never bothered to really delve into it myself and that is why I know absolutely nothing. Yay me :(

But it seems important, right? So...I should have at least a clue.


ssbb2ssbb2ssbb2ssbb2
 Quoting: Only Me


The graphic novel version
https://imgur.com/K78WzVW

You can count on America to do the right thing after exhausting every other alternative."
Winston Churchill
Anonymous Coward
User ID: 80385098
United States
11/16/2022 07:59 AM
Report Abusive Post
Report Copyright Violation
Re: Could someone take pity on my dumb ass and explain what the heck is this FTX shit?
FTX is the first of many. We are going into a meltdown like never before. Cash is king again, get ready for the buys of a lifetime. Be sure to get in there because when things come back prices will be higher than they have ever been. Buy when everyone is selling sell when everyone is buying.
 Quoting: Anonymous Coward 79433216


What are you buying? Let us in on what you're thinking about :)
 Quoting: Only Me


Me personally? I am buying up businesses and land.



.
 Quoting: WyatteSmith


Businesses are going out of business, and land (unless utilized) is nothing but a tax liability.

That plan would have worked many years ago, but the entire financial system is in turmoil and what emerges from the ashes will not resemble the old system.
Cloudbusting

User ID: 84739557
United Kingdom
11/16/2022 08:00 AM
Report Abusive Post
Report Copyright Violation
Re: Could someone take pity on my dumb ass and explain what the heck is this FTX shit?
Had backdoors to move money to other companies with auditor seeing, auditor was in the Metaverse.


Meant to say without auditors seeing, Metaverse auditing=joke
Anonymous Coward
User ID: 75972469
United States
11/16/2022 08:00 AM
Report Abusive Post
Report Copyright Violation
Re: Could someone take pity on my dumb ass and explain what the heck is this FTX shit?
Basically... dodgy rich people have been telling you for years that crypto is a scam and to stay away yada yada... Nobody listened and people kept making themselves rich via crypto so they (dodgy rich people) decided to make their own crypto exchange to scam people with.

Now they are hoping that this scam they pulled off will scare everyone away from crypto for good, but things don't really work like that. Considering this scam is a massive black swan event the price of bitcoin has not really dropped that much, it's still thousands times higher than it was just a couple of years ago.
 Quoting: Anonymous Coward 21532003


Create a problem, provide a solution

Rothschild will take control of the blockchain tech, and enslave the world in digital hell
Achduke7

User ID: 84682233
United States
11/16/2022 08:33 AM

Report Abusive Post
Report Copyright Violation
Re: Could someone take pity on my dumb ass and explain what the heck is this FTX shit?
Wealthion on U tube had a guy that explained it pretty well.
 Quoting: Anonymous Coward 36066768




Good video. Speculators going to speculate. Now the real wealth is formed after this turns. Every emergent industry goes through this. Trains, Oil, Cars, Tech and now Crypto.

The real companies that push the industry happen after the initial speculation implosions.

Imagine buying Microsoft in 1987 or Amazon in 2001. The internet was pretty static looking in 2000. Now you have streaming, games, applications, etc. all running on the internet. The only anomaly is the liquidity and financial crisis of 2007. Not sure what benefits came out of that other then kicking the can down the road even more.
Achduke
Anonymous Coward
User ID: 80734336
United States
11/16/2022 09:44 AM
Report Abusive Post
Report Copyright Violation
Re: Could someone take pity on my dumb ass and explain what the heck is this FTX shit?
You (nothing persinal) dumb ass is also lazy, so the sharp folks are constantly stealing via political machinations that people who vote for Trump cannot understand.

Nice people finish last alot.

Freedom was only for tough smart mofos. Apparently we ran out of them.

Idol1





GLP