Crypto

[monopolyjackson]

Celebrity Promoters Sued Over Bored Ape NFT Endorsements

LMAO !!!

The scam artists are getting sued. Finally.
Everyone (smart people) knew NFT’s were a scam. Pump and Dump to the 9th degree.

[davidbitterbaum]

NFT‘s were a scam within the scam of crypto. It’s like a little nesting dolls.

[Venomismypassion]

@Venomismypassion

In my opinion there are 3 driving forces when it comes to price action with crypto.

1. Whales - they can take you out whenever they feel like it and often do.
2. Chaos - The original bubble back in 2017 started due to the hyper inflation in Venezuela, followed by mania created by main street media and subsequently crashed by the whales.
3. A hedge for inflation.

Right now the whales are getting fat. Inflation in theory should begin to rapidly increase, and there is chaos everywhere.

Considering most of the crypto assets have experienced 1000% gains since the flash crash back in March, I would be very nervous holding any crypto right now.

If the vaccines work, chaos will subside, money printing will relax and the whales will jump.

Just my 2 cents.

This thread is interesting to re-read almost 2 years later. This is petty much exactly what happened…